3 Bed Flat, Refurb/BRRR, London, NW8 7RY, £2,750,000

Bentinck Close, Prince Albert Road, St Johns Wood, NW8 7RY - 3 views - 3 months ago

Leasehold
Refurb/BRRR
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£194.3K - £4.8M
Sold Prices/m²£5.9K/m² - £19.5K/m²

 

 

Square Metres

~93 m²
Price/m²£29.6K/m²

Value Estimate

£1,028,858

 

 

End Value (After Refurb)

£2,547,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£687,500

Stamp Duty & Legal Fees

£324,950

Refurb Costs

£49,147

Bridging Loan Interest

£72,188

Total Cash In

£1,135,535

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£2,547,500

Mortgage (After Refinance)

£1,910,625

Mortgage LTV

75%

Cash Left In

£1,135,535

Equity

£636,875

Rent Range

£2,999 - £19,933

Rent Estimate

£6,265

Running Costs/mo

£9,234

Cashflow/mo

£-2,969

Cashflow/yr

£-35,627

Gross Yield

3%

Local Sold Prices

50 sold prices from £194.3K to £4.8M, average is £1.2M. £5.9K/m² to £19.5K/m², average is £11.8K/m².

PriceDateDistanceAddressBeds 
£2.2M05/230.1 miFlat 6, Park St. James, St James's Terrace, London, Greater London NW8 7LE3
£590K02/210.16 miFlat 3, Wilkie House, Townshend Estate, London, Greater London NW8 6JU3
£750K03/210.18 miFlat 6, Pettie House, Townshend Estate, London, Greater London NW8 6JS3
£642K05/210.18 miFlat 1, Pettie House, Townshend Estate, London, Greater London NW8 6JS3
£1.9M12/220.21 miFlat 42, St. Stephens Close, Avenue Road, London, Greater London NW8 6DD3
£4.0M01/240.21 miSt. Stephens Close, Flat 16, Avenue Road, London, Greater London NW8 6DB3
£785K09/230.22 miFlat 3, Robin House, Barrow Hill Estate, London, Greater London NW8 7AD3
£2.6M01/210.23 miFlat 101, North Gate, Prince Albert Road, London, Greater London NW8 7EJ3
£710K06/210.25 miFlat 12, Mallard House, Barrow Hill Estate, London, Greater London NW8 7AN3
£2.2M01/230.29 miFlat 13, Hanover House, St Johns Wood High Street, London, Greater London NW8 7DX3
£3.8M02/230.29 miFlat 24, Hanover House, St Johns Wood High Street, London, Greater London NW8 7DX3
£825K03/230.39 miFlat 28, Elgood House, Wellington Road, St Johns Wood, London, Greater London NW8 9TG3
£1.0M04/230.45 miFirst Floor Flat, 104, Regents Park Road, London, Greater London NW1 8UG3
£1.1M02/230.49 miBasement Flat, 99, King Henrys Road, London, Greater London NW3 3QX3
£542.5K01/210.5 miFlat 45, Lords View, St Johns Wood Road, London, Greater London NW8 7HQ3
£2.1M04/210.5 miThe Maisonette, 47, Fitzroy Road, London, Greater London NW1 8TP3
£1.7M11/230.52 miWymondham Court, Flat 8, St John's Wood Park, London, Greater London NW8 6RD3
£1.1M04/240.52 miWymondham Court, Flat 12, St John's Wood Park, London, Greater London NW8 6RD3
£1.2M02/230.53 miFlat 2, Wymondham Court, St John's Wood Park, London, Greater London NW8 6RD3
£1.6M06/210.53 miFlat 38, Sheringham, St Johns Wood Park, London, Greater London NW8 6RA3
£1.4M10/230.53 miFlat 24, Sheringham, St John's Wood Park, London, Greater London NW8 6QY3
£1.6M02/210.53 miFlat 59, Sheringham, St John's Wood Park, London, Greater London NW8 6RB3
£2.0M04/210.54 mi168a, Regents Park Road, London, Greater London NW1 8XN3
£655K03/210.54 miFlat 77, Primrose Hill Court, King Henrys Road, London, Greater London NW3 3QT3
£950K11/210.57 miFlat 1, Buttermere Court, Boundary Road, London, Greater London NW8 6NR3
£1.4M08/230.57 miFlat 7, Mancroft Court, St John's Wood Park, London, Greater London NW8 6QU3
£2.0M03/210.58 mi54c, King Henrys Road, London, Greater London NW3 3RP3
£1.1M10/200.58 miFlat 403, Elm Tree Court, Elm Tree Road, London, Greater London NW8 9JT3
£2.4M12/200.58 miFlat 75, South Lodge, Circus Road, London, Greater London NW8 9EU3
£4.8M01/210.6 mi71, Avenue Road, London, Greater London NW8 6HP3
£700K11/200.61 mi31d, Regents Park Road, London, Greater London NW1 7TL3
£1.8M09/230.61 miFlat 9, Neville Court, Abbey Road, St Johns Wood, London, Greater London NW8 9DD3
£1.3M05/230.62 miFlat 129, Rossmore Court, Park Road, London, Greater London NW1 6XZ3
£800K10/230.62 miFlat 106, Rossmore Court, Park Road, London, Greater London NW1 6XZ3
£1.4M04/230.63 miFlat 60, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QS3
£1.3M03/240.66 miCentury Court, Flat 25, Grove End Road, London, Greater London NW8 9LD3
£1.2M07/230.66 miFlat 31, Century Court, Grove End Road, London, Greater London NW8 9LD3
£1.4M01/230.66 mi66d, Fellows Road, London, Greater London NW3 3LJ3
£970K06/230.68 miFlat 130, Ivor Court, Gloucester Place, London, Greater London NW1 6BT3
£1.0M03/210.68 miFlat 103, Ivor Court, Gloucester Place, London, Greater London NW1 6BS3
£995K06/210.68 miFlat 21, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG3
£510K12/200.68 miFlat 24, Regency Lodge, Adelaide Road, London, Greater London NW3 5EE3
£948.7K09/210.7 miFlat 14, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG3
£1.1M08/210.7 miFlat 45, Grove Hall Court, Hall Road, London, Greater London NW8 9NY3
£1.2M10/230.7 miFlat 40, Grove Hall Court, Hall Road, London, Greater London NW8 9NY3
£4.3M10/210.71 mi8a, Melina Place, London, Greater London NW8 9SA3
£443.5K04/210.73 mi159, Lisson Grove, London, Greater London NW8 8EB3
£1.0M05/240.74 mi13a, Oval Road, London, Greater London NW1 7EA3
£645K01/210.74 mi179, Scott Ellis Gardens, London, Greater London NW8 9RS3
£194.3K10/210.74 miFlat B, 2, Rossmore Road, London, Greater London NW1 6NJ3

Local Rents

51 rents from £3K/mo to £19.9K/mo, average is £5K/mo.

RentDateDistanceAddressBeds 
£6,71706/240.01 miLondon House, Avenue Road, St John's Wood, London, NW83
£4,98306/240.02 miPrince Albert Road, St Johns Wood, London, NW83
£8,00006/240.02 miAvenue Road, St. Johns Wood, NW83
£4,87506/240.03 miPrince Albert Road, London3
£4,98306/240.03 miPrince Albert Road, London3
£4,87508/240.03 miAvenue Road, St Johns Wood, London, NW83
£7,99906/240.04 miAvenue Road Regents Park NW83
£7,99906/240.04 miAvenue Road, St John's Wood, London, NW83
£8,50206/240.04 miPrince Albert Road, St John's Wood, NW83
£7,99906/240.04 miAvenue Road, St John's Wood, NW83
£4,50007/240.04 miStockleigh Hall, Prince Albert Road, London, NW83
£4,10007/240.04 miStockleigh Hall, Prince Albert Road, London, NW83
£7,25007/240.04 miStockleigh Hall, 51 Prince Albert Road, St John's Wood, London, NW83
£10,83306/240.04 miImperial Court, 55-56 Prince Albert Road, London, NW83
£4,98306/240.04 miPrince Albert Road, London3
£7,25008/240.05 miStockleigh Hall, 51 Prince Albert Road, St John's Wood, London, NW83
£4,98306/240.06 miPrince Albert, London, NW83
£7,25007/240.06 miStockleigh Hall, 51 Prince Albert Road, NW83
£4,98306/240.07 miSt Johns Wood, Regents Park, Westminster3
£4,11706/240.07 miPrince Albert Road, St John`s Wood, NW83
£4,50007/240.07 miStockleigh Hall, Prince Albert Road, London, NW83
£4,70006/240.07 miLondon House, 7-9 Avenue Road, NW83
£5,20006/240.07 miLondon House, 7-9 Avenue Road, NW83
£5,99706/240.07 miLondon House, 7-9 Avenue Road, London, NW83
£5,20006/240.07 miViceroy Court, Prince Albert Road, St John’s Wood, London, NW83
£6,99806/240.07 miViceroy Court, Prince Albert Road, St Joh'ns Wood, NW83
£7,00006/240.07 miViceroy Court, 58-74 Prince Albert Road, NW83
£4,11706/240.07 miViceroy Court, 58-74 Prince Albert Road3
£7,00006/240.08 miViceroy Court, St. Johns Wood, NW83
£4,33306/240.08 miAvenue Road, St Johns Wood, London, NW83
£4,87508/240.08 miAvenue Road, St Johns Wood, London, NW83
£3,30008/240.08 mi-3
£4,11706/240.08 miViceroy Court, St John's Wood, London, NW83
£4,11706/240.08 miPrince Albert Road, St. John's Wood3
£3,20010/240.09 mi-3
£3,46707/240.09 mi-3
£3,20010/240.09 mi-3
£3,50008/240.09 miTownshend Road, St Johns Wood, London, NW83
£6,17506/240.1 miPrince Albert Road, St John's Wood, London, NW83
£2,99906/240.11 miShannon Place London NW83
£7,15006/240.11 miParkwood Point, St John's Wood, NW83
£4,76706/240.11 miBenjamin House, Cecil Grove, London3
£4,00007/240.12 miCecil Grove, Benjamin House Cecil Grove, NW83
£6,06706/240.12 miSt James Close, Prince Albert Road, St John's Wood, London, NW83
£4,50006/240.13 miSt James's Terrace Mews3
£4,00010/240.16 mi-3
£14,50008/240.16 miCharlbert Street, St John's Wood, NW83
£6,06706/240.16 miCharlbert Street, St John's Wood, London, NW83
£19,93306/240.17 miSt. Edmunds Terrace, St John's Wood, NW83
£19,93306/240.19 miSt Edmunds Terrace, London, NW83
£3,95007/240.19 miStarling House, London, NW83

Local Area Statistics

Population in NW8

33,802

Population in London

4,771,921

Town centre distance

2.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-22%

Sales demand

Buyer's market

Capital growth (5yrs)

-13%

Property History

Listed for £2,750,000

January 15, 2025

Floor Plans

Description

  • Private Balcony +
  • Concierge +
  • Lift Access +
  • Communal Garden +

We are pleased to present this unmodernized 2,020-square-foot apartment, located on the 5th floor of Bentinck Close on Prince Albert Road, directly opposite the iconic Regent’s Park.

Offering three spacious bedrooms and three bathrooms, this property provides a fantastic opportunity for modernisation or, as it were, a complete remastering to create a truly exceptional family home.

The apartment boasts breathtaking views over Regent's Park, which are nothing short of spectacular year-round-whether it's the vibrant colours of summer, the serene beauty of winter, or the sparkling city lights by night.

This is a rare chance to design a home tailored to your vision in one of London's most prestigious locations. Viewing is highly recommended to fully appreciate the potential of this remarkable property.

Agent Details

London Real Estate Office, London

020 4538 2521

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪