2 Bed Flat, Single Let, London, NW1 9QR £555,000

Royal College Street, Camden, NW1 9QR - 8 views - 10 months ago

Leasehold

BTL

~68 m²

ValuationUndervalued

Sold Prices	£391.1K - £1.5M
Sold Prices/m²	£5.6K/m² - £15.8K/m²

Square Metres	~68.11 m²
Price/m²	£8.1K/m²
Value Estimate	£584,619£584,619
BMV	5%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£138,750£138,750
Stamp Duty & Legal Fees	£33,100£33,100
Total Cash In	£171,850£171,850

Cash Out
Rent Range	£485 - £5,100£485 - £5,100
Rent Estimate	£1,711
Running Costs/mo	£2,097£2,097
Cashflow/mo	£-386£-386
Cashflow/yr	£-4,627£-4,627
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £391.1K to £1.5M, average is £641.5K. £5.6K/m² to £15.8K/m², average is £9.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£623K	03/25	0.1 mi	Flat A, 6, Bartholomew Villas, London NW5 2LL	-	-	2	Flat
£405K	03/23	0.14 mi	Flat 27, Foster Court, Royal College Street, London, Greater London NW1 9NL	-	-	2	Flat
£1.5M	12/22	0.15 mi	57, Kentish Town Road, London NW1 8NX	£10,100	150	2	Flat
£475K	12/22	0.16 mi	Second And Third Floor Flat, 231, Royal College Street, London, Greater London NW1 9LT	-	-	2	Flat
£642K	08/23	0.17 mi	Flat 1, Barling, Castlehaven Road, London, Greater London NW1 8TJ	-	-	2	Flat
£1.5M	12/22	0.17 mi	57, Kentish Town Road, London, Greater London NW1 8NX	£10,100	150	2	Flat
£530K	05/25	0.18 mi	Flat 3, 4, Grafton Yard, London NW5 2NF	£7,910	67	2	Flat
£530K	05/25	0.18 mi	Flat 3, 4, Grafton Yard, London NW5 2NF	-	-	2	Flat
£485K	07/25	0.19 mi	Flat 14, Una House, Prince Of Wales Road, London NW5 3LA	-	-	2	Flat
£548.1K	10/23	0.21 mi	2, Bonny Street, London, Greater London NW1 9PG	-	-	2	Flat
£825K	10/21	0.21 mi	Lower Maisonette, 8, Healey Street, London, Greater London NW1 8SR	-	-	2	Flat
£730K	03/25	0.21 mi	Flat B, 153, St Pancras Way, London NW1 0SY	-	-	2	Flat
£755K	08/25	0.22 mi	Flat 3, 37, Camden Road, London NW1 9LR	-	-	2	Flat
£747.5K	12/21	0.23 mi	31a, Gaisford Street, London, Greater London NW5 2EB	£15,773	47	2	Flat
£822.5K	08/21	0.25 mi	33a, Rochester Square, London, Greater London NW1 9RZ	-	-	2	Flat
£675K	06/21	0.25 mi	39c, Prince Of Wales Road, London, Greater London NW5 3LJ	-	-	2	Flat
£715K	05/23	0.25 mi	Flat C, 37, Prince Of Wales Road, London, Greater London NW5 3LJ	-	-	2	Flat
£545K	08/25	0.28 mi	Flat 3, 178, Camden Road, London NW1 9HG	-	-	2	Flat
£652.6K	11/23	0.28 mi	19d, Caversham Road, London, Greater London NW5 2DT	-	-	2	Flat
£590K	08/25	0.3 mi	Flat A, 33, Willes Road, London NW5 3DN	-	-	2	Flat
£515K	11/23	0.3 mi	11, Basement Flat, Lyme Street, London NW1 0EH	£11,196	46	2	Flat
£540K	11/23	0.3 mi	Flat 34, Harmood House, Harmood Street, London, Greater London NW1 8DY	-	-	2	Flat
£520K	07/23	0.3 mi	Flat 23, Harmood House, Harmood Street, London, Greater London NW1 8DY	-	-	2	Flat
£530K	10/23	0.3 mi	Flat 49, Harmood House, Harmood Street, London, Greater London NW1 8DY	-	-	2	Flat
£640K	02/25	0.3 mi	107, Flat A, Bartholomew Road, London NW5 2AR	-	-	2	Flat
£770.3K	06/25	0.31 mi	Flat A, 124, Camden Street, London NW1 0HY	-	-	2	Flat
£550K	03/25	0.31 mi	75 Republic Court, Flat 5, Prince Of Wales Road, London NW5 3LT	£9,167	60	2	Flat
£565K	10/23	0.33 mi	38c, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£1.1M	09/23	0.33 mi	62a, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£770K	06/24	0.33 mi	110b, Camden Street, London, Greater London NW1 0HY	£9,167	84	2	Flat
£647K	06/25	0.33 mi	15, Holmes Road, London NW5 3AA	£6,343	102	2	Flat
£647K	06/25	0.33 mi	15, Holmes Road, London NW5 3AA	-	-	2	Flat
£555K	03/23	0.34 mi	34, Forge Place, London, Greater London NW1 8DQ	£7,115	78	2	Flat
£730K	06/25	0.34 mi	40b, Stratford Villas, London NW1 9SG	£11,587	63	2	Flat
£730K	06/25	0.34 mi	40b, Stratford Villas, London NW1 9SG	-	-	2	Flat
£1.1M	01/25	0.38 mi	55 57, Flat 4, Holmes Road, London NW5 3AN	£9,401	121	2	Flat
£700K	11/21	0.38 mi	90b - 90c, Caversham Road, London, Greater London NW5 2DN	-	-	2	Flat
£625K	05/23	0.39 mi	93b, Prince Of Wales Road, London, Greater London NW5 3NA	£9,384	67	2	Flat
£725K	05/24	0.41 mi	65, Jamestown Road, London NW1 7DB	£5,620	129	2	Flat
£425.5K	02/24	0.42 mi	124, Barker Drive, London NW1 0JE	£8,510	50	2	Flat
£520K	01/23	0.42 mi	Flat 3, Peckwater House, Oseney Crescent, London, Greater London NW5 2AY	-	-	2	Flat
£610K	01/23	0.43 mi	2d, North Villas, London, Greater London NW1 9BJ	-	-	2	Flat
£391.1K	02/25	0.43 mi	158, Barker Drive, London NW1 0JE	£8,890	44	2	Flat
£708K	03/25	0.44 mi	17, Canal Boulevard, London NW1 9AQ	£6,378	111	2	Flat
£750K	12/24	0.44 mi	37 41 Carpenter Court, Flat 15, Pratt Street, London NW1 0BJ	£10,274	73	2	Flat
£800K	02/25	0.44 mi	159 161, Flat 3, Camden High Street, London NW1 7JY	-	-	2	Flat
£641K	05/25	0.45 mi	Flat 1st Floor, 244, Camden Road, London NW1 9HE	£12,327	52	2	Flat
£641K	05/25	0.45 mi	Flat 1st Floor, 244, Camden Road, London NW1 9HE	-	-	2	Flat
£420K	06/21	0.45 mi	194, Barker Drive, London, Greater London NW1 0JF	£8,400	50	2	Flat
£705K	01/25	0.45 mi	56, Flat 4, Leighton Road, London NW5 2QE	£11,949	59	2	Flat

Local Rents

50 rents from £485/mo to £5.1K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,450	11/25	0.02 mi	-	2	Flat
£2,747	06/24	0.03 mi	Kentish Town Road, Kentish Town Road	2	Flat
£3,250	08/25	0.03 mi	Kentish Town Road, Kentish Town	2	Flat
£4,498	06/24	0.03 mi	Kentish Town Road, Camden, NW1	2	Flat
£3,200	11/25	0.04 mi	Kentish Town Road, Kentish Town, London, NW1	2	Flat
£2,058	07/25	0.05 mi	Kentish Town Road, Camden Town, NW1	2	Flat
£2,750	10/25	0.06 mi	Rochester Road, London	2	Flat
£5,100	12/24	0.07 mi	-	2	Flat
£5,100	11/25	0.07 mi	-	2	Flat
£3,800	03/25	0.07 mi	-	2	Flat
£3,500	06/25	0.07 mi	-	2	Flat
£2,500	09/25	0.07 mi	Rochester Road, Kentish Town	2	Flat
£3,000	06/24	0.08 mi	-	2	Flat
£3,000	06/24	0.08 mi	Clarence Way, London, NW1	2	Flat
£2,400	07/25	0.08 mi	Lorraine Court, Kentish Town, London, NW1	2	Flat
£4,200	10/25	0.09 mi	Wilmot Place, Camden Town, London, NW1	2	Flat
£2,800	09/25	0.09 mi	Wilmot Place, London, NW1	2	Flat
£4,200	11/25	0.09 mi	Wilmot Place, London	2	Flat
£2,491	11/25	0.1 mi	Bartholomew Villas, Kentish Town, NW5	2	Flat
£2,400	06/24	0.1 mi	Kentish Town Road, Camden NW1	2	Flat
£2,383	10/25	0.1 mi	Royal College Street, Camden NW1	2	Flat
£2,492	06/24	0.11 mi	Jeffreys Street, Camden Town, London, NW1	2	Flat
£3,500	04/25	0.11 mi	-	2	Flat
£2,800	07/25	0.11 mi	-	2	Flat
£2,800	07/25	0.11 mi	Candida Court, London, NW1	2	Flat
£2,490	12/24	0.11 mi	-	2	Flat
£485	07/25	0.12 mi	Kelly Street, Kentish Town, NW1	2	Flat
£2,990	09/25	0.12 mi	Bartholomew Road, Kentish Town, NW5	2	Flat
£2,100	03/25	0.13 mi	-	2	Flat
£2,250	08/25	0.13 mi	Camden Street, Camden, NW1	2	Flat
£2,050	12/24	0.13 mi	-	2	Flat
£1,700	12/24	0.13 mi	-	2	Flat
£2,200	08/25	0.13 mi	-	2	Flat
£3,000	06/24	0.13 mi	Rochester Mews, London, NW1	2	Flat
£2,383	10/25	0.13 mi	Kentish Town Road, Camden / Kentish Town NW1	2	Flat
£2,800	10/25	0.13 mi	Prowse Place, Camden, London, NW1	2	Terraced House
£2,700	10/25	0.13 mi	Prowse Place, Camden, NW1	2	Terraced House
£2,800	10/25	0.13 mi	Prowse Place, Camden Town, London	2	Terraced House
£3,425	09/25	0.13 mi	-	2	Terraced House
£3,750	10/25	0.13 mi	Rochester Place, Camden, London, NW1	2	Flat
£2,900	09/25	0.14 mi	Clarence Way, Camden, London, NW1	2	Flat
£3,450	10/25	0.14 mi	Ivor Street, London	2	Semi-Detached House
£2,799	10/25	0.14 mi	Prowse Place, Camden	2	Terraced House
£2,100	07/25	0.14 mi	Kelly Street, London	2	House
£2,383	09/25	0.15 mi	Camden Street, Camden NW1	2	Flat
£2,167	09/25	0.15 mi	Camden Street, Camden NW1	2	Flat
£2,800	10/25	0.15 mi	Prowse Place, Camden, London, NW1	2	Terraced House
£2,578	10/25	0.15 mi	Rochester Road, Camden NW1	2	Flat
£2,708	10/25	0.15 mi	Rochester Road, Camden NW1	2	Flat
£2,708	10/25	0.15 mi	Rochester Road, Camden NW1	2	Flat

Local Area Statistics

Population in NW1	60,30560,305
Population in London	4,771,9214,771,921
Town centre distance	1.88 miles away1.88 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.19 miles away0.19 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-7%-7%

Property History

Listed for £555,000

January 17, 2025

Floor Plans

Description

Approximately 717 Square Feet +
Two Bedrooms +
Two Reception Rooms +
Fitted Kitchen +
Bathroom/WC +
Beautifully Presented Modern Décor Throughout +
Located Within Easy Reach Of The Wonderful Amenities Of Both Camden And Kentish Town +
Set Within A Fine And Very Well Presented Purpose Built Block +

Set within a fine and very well presented purpose built block, superbly located within easy reach of the wonderful amenities of both Camden and Kentish Town is this spacious first floor two bedroom apartment with modern décor throughout. The excellent sized accommodation, of approximately 717 square feet, includes two bedrooms, two reception rooms, a modern fitted kitchen and a bathroom/wc. Further features include a communal garden and a lift in the building.
Agents Note: We understand from the seller that the property's sash windows were recently installed, that there is a remaining lease of approximately 104 years, that the ground rent is approximately £10 per year and that last year's service charge was approximately £2659 with a one off adjustment of approximately £326, however, we recommend that you check this information with your solicitor. Please note - this is a draft advert/ brochure awaiting the seller's approval.
Reception 1
Reception 1

Agent Details

Olivers Town, Kentish Town - Sales

020 3879 5571

Next Steps?

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

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