2 Bed Flat, Single Let, London, NW4 1QY £500,000

Parson Street, London, NW4 1QY - 10 months ago
Leasehold
BTL
~108 m²
Property image

ValuationUndervalued

Sold Prices£197.3K - £1.3M
Sold Prices/m²£3.6K/m² - £15.8K/m²

 

 

Square Metres

~108 m²
Price/m²£4.6K/m²

Value Estimate

£583,910
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Rent Range

£1,650 - £3,000

Rent Estimate

£1,750

Running Costs/mo

£1,933

Cashflow/mo

£-182

Cashflow/yr

£-2,190

Gross Yield

4%

Local Sold Prices

50 sold prices from £197.3K to £1.3M, average is £406.3K. £3.6K/m² to £15.8K/m², average is £5.7K/m².

Price
Date
Distance
Address
Beds
 
£197.3K03/250 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£197.3K03/250 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£345K10/230.09 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£290K05/210.13 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.13 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£432K01/250.16 mi52, Flat 3, Ashley Lane, Hendon, London NW4 1AX2
£370K09/240.19 mi49 Downhurst Court, Flat 33, Parson Street, Hendon, London NW4 1QT2
£410K01/250.19 mi49 Downhurst Court, Flat 10, Parson Street, Hendon, London NW4 1QT2
£400K11/240.2 mi3 Drayton Court, Flat 6, Hope Close, Hendon, London NW4 1AY2
£435K01/250.21 mi4 Epsom Court, Flat 7, Hope Close, Hendon, London NW4 1AY2
£348K01/250.26 miGrove House, Flat 12a, Waverley Grove, Finchley, London N3 3PU2
£380K03/250.29 miThurlby Croft, Flat 8, Mulberry Close, Hendon, London NW4 1QP2
£525K09/240.29 miFernside Court, Flat 17, Holders Hill Road, Church End, London NW4 1JT2
£360K06/210.3 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£1.3M09/240.3 miBrinsdale Park, Flat 2, Brinsdale Road, Hendon, London NW4 1TB2
£430K03/230.32 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£437K12/230.33 miRaymead, Flat 8, Tenterden Grove, Hendon, London NW4 1SU2
£495K08/250.33 miFlat 2, 49, Finchley Lane, Hendon, London NW4 1BY2
£595K06/250.34 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£595K06/250.34 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£525K06/250.38 miFlat 6, 93 Beaulieu House, Holders Hill Road, Church End, London NW4 1JY2
£525K06/250.38 miFlat 6, 93 Beaulieu House, Holders Hill Road, Church End, London NW4 1JY2
£250K07/250.38 miFlat 4, 112, Sunningfields Road, Hendon, London NW4 4RE2
£390K05/230.39 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£480K10/240.4 mi58 Charlton Court, Flat 4, Broughton Avenue, Church End, London N3 3EQ2
£360K03/250.4 mi39, Flat 6, Sunningfields Road, Hendon, London NW4 4RA2
£320K02/250.4 mi39, Flat 12, Sunningfields Road, Hendon, London NW4 4RA2
£320K02/250.4 miFlat 12, 39, Sunningfields Road, Hendon, London NW4 4RA2
£327.5K03/250.4 miFlat 11, 145 Madison Court, Great North Way, Hendon, London NW4 1PW2
£327.5K03/250.4 miFlat 11, 145 Madison Court, Great North Way, Hendon, London NW4 1PW2
£449.9K10/240.41 mi32, Freeland Park, Hendon, London NW4 1LP2
£500K06/210.41 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£350K02/250.43 mi141 Liberty Court, Flat 3, Great North Way, Hendon, London NW4 1PR2
£340K04/230.43 miFlat 22, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£375K02/250.45 mi82, Victoria Road, Hendon, London NW4 2RT2
£440K03/250.46 mi8, Rydal Close, Hendon, London NW4 1LE2
£420K12/230.47 miBurnham Court, Flat 3, Brent Street, London, Greater London NW4 2RE2
£350K11/240.49 miTejas Court, Flat 5, Southbourne Crescent, Hendon, London NW4 2JX2
£450K06/250.5 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£450K06/250.5 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£284K07/250.52 miFlat 5, Sentinel House, Sentinel Square, Hendon, London NW4 2EN2
£410K06/210.55 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£325K08/250.57 mi147a, Bell Lane, Hendon, London NW4 2AP2
£225K09/230.59 miFlat 88, Upper Fosters, New Brent Street, London, Greater London NW4 2DN2
£490K11/210.59 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£470K06/210.6 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£310K02/250.62 miCrest Court, Flat 18, The Crest, Hendon, London NW4 2HL2
£507.5K11/230.64 miFlat 24, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£480K03/250.64 miThe Brookdales, Flat 29, Bridge Lane, Golders Green, London NW11 9JU2
£480K03/250.64 miFlat 29, The Brookdales, Bridge Lane, Golders Green, London NW11 9JU2

Local Rents

50 rents from £1.6K/mo to £3K/mo, average is £1.9K/mo.

Rent
Date
Distance
Address
Beds
 
£1,75010/250.01 miHendon Hall Court, Parson Street, Hendon, NW42
£1,69510/250.01 miHendon Hall Court, Parsons Street, NW42
£1,75011/250.01 miHendon Hall Court, Parson Street, Hendon, NW42
£2,05008/240.01 mi-2
£2,05009/240.01 mi-2
£1,95011/250.04 miOrmonde Court, Parson Street, Hendon2
£1,95007/250.05 mi-2
£2,00007/240.08 miShirehall Lane, London2
£1,80006/250.08 miOctober Place, Holders Hill Road, London2
£2,00010/250.08 mi-2
£1,89507/250.08 miClaydon House, Holders Hill Road, Hendon, NW42
£1,75008/240.09 miHolders Hill Road, Hendon, NW42
£1,80010/250.13 mi-2
£2,20006/250.13 mi-2
£1,77506/240.13 miEdinburgh House, Tenterden Grove, Hendon2
£1,65009/250.13 mi-2
£1,70011/250.13 mi-2
£1,75011/250.14 miTorcroft, Holders Hill Road, Hendon, NW42
£1,90011/240.15 mi-2
£1,70007/240.17 miChristopher Court, Great North Way, Hendon2
£1,70008/240.17 miChristopher Court, Great North Way, Hendon2
£1,95008/240.18 miChristopher Court, Great North Way, Hendon, NW42
£1,85009/250.18 mi2 Christopher Court, London2
£1,75011/250.18 mi-2
£2,20011/250.18 mi-2
£1,75010/250.18 miTorcroft, London, NW42
£1,95008/240.18 miGreat North Way, London2
£1,79510/240.19 mi-2
£1,95008/240.19 miChristopher Court, London, NW42
£1,99504/250.19 mi-2
£1,99504/250.19 mi-2
£2,50009/250.19 miEpsom Court, London, NW42
£2,50010/250.19 mi-2
£2,00007/240.19 mi-2
£3,00006/240.2 miParson Street, London, NW42
£1,75508/250.21 miLinksway,2
£1,75007/240.21 miHolders Hill Crescent, Hendon, NW42
£1,75008/240.21 miHolders Hill Crescent, Hendon, NW42
£2,51306/240.22 mi-2
£1,80006/240.22 miGreat North Way, HENDON, NW42
£1,90006/250.23 miFairview Court, NW42
£2,10007/250.23 miSycamore Court, 203 Great North Way, Hendon, London, NW42
£2,29707/250.24 mi-2
£1,77506/240.24 miSycamore Court, 203 Great North Way, Hendon, London2
£1,70007/240.24 miSycamore Court, 203 Great North Way, Hendon, London2
£2,17506/240.25 miFAIRVIEW COURT, Hendon, London, NW42
£2,20008/240.25 miFairview Court, Mill Hill, London, NW42
£1,90006/250.25 miFAIRVIEW COURT, Hendon, London, NW42
£2,20006/250.25 miFairview Court, Mill Hill, London, NW42
£2,20008/240.26 miLinksway London NW42

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

6.67 miles away

Nearest school

0.20 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

-2%

Property History

Price changed to £500,000

June 16, 2025

Price changed to £550,000

May 15, 2025

Price changed to £575,000

March 8, 2025

Listed for £600,000

January 22, 2025

Floor Plans

Property image

Description

  • Spacious throughout +
  • Sought After Location +
  • No Onward Chain +
  • Long Lease +
  • 1,154 Sq Ft Of Modern Living Space +

Discover this stunning split-level apartment, the largest in the block, situated in a highly desirable location with the postcode NW4. This property boasts a spacious layout throughout, offering 1,154 square feet of modern living space, perfect for those seeking comfort and style.

Upon entering, you'll be greeted by an elegantly decorated living area enhanced by delicate spot lighting that beautifully complements the natural light flooding in. The thoughtfully designed space is perfect for both relaxation and entertaining. The Art Deco design continues throughout the internal space of this wonderful building, with the exquisite use of elevation throughout.

The well-sized kitchen provides ample storage cabinets and generous counter space, making it easy to accommodate all your modern conveniences. It's a perfect blend of functionality and style for the home chef.

Upstairs, you'll find two spacious double bedrooms that continue the theme of elegance, featuring lovely large windows that let in plenty of natural light, creating a warm and inviting atmosphere as well as using the Art Deco theme of elevation for a touch of additional beauty. Each bedroom offers ample storage space, ensuring that you have everything you need at your fingertips.

The fitted bathroom, while functional, presents an exciting opportunity for a new owner to infuse their personal touch and style, transforming it into a serene retreat.

Surrounded by a large green space, this property provides a peaceful setting while still being conveniently located near local amenities and transport links. This property truly offers the best of both worlds—spacious modern living in a sought-after location, all with the benefit of no onward chain and a long lease.

Local schools include St Mary's Primary School, a well-regarded primary school known for its strong community values and commitment to education and Claremont High School Academy, a popular secondary school offering a diverse curriculum and various extracurricular activities. Also located nearby is The Royal Grammar School, a prestigious independent school offering a wide range of educational opportunities.

There are several local grocery stores and supermarkets, including Sainsbury's and Tesco Express, providing convenient shopping options for everyday needs. The area boasts a variety of dining options, from local pubs to international cuisine, ensuring a diverse culinary experience. Nearby parks, such as Hendon Park, offer recreational spaces for walking, sports, and family activities.

Hendon Rail Station, located approximately 1 mile away, offers regular services to Central London (e.g., Kings Cross, St Pancras) and other destinations, making it convenient for commuters. Mill Hill Broadway Station is also nearby, providing additional rail services for those traveling further afield. Several bus routes operate in the area, connecting residents to surrounding neighbourhoods and public transport hubs.

Agent Details

TAUK, Covering Nationwide

020 3910 6171

Next Steps?

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