2 Bed Flat, Refurb/BRRR, London, W5 2AP, £385,000

Gordon Road, London, W5 2AP - 3 views - 2 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 4%
~68 m²

ValuationFair Value

Sold Prices£158K - £795K
Sold Prices/m²£3K/m² - £15K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.7K/m²

Value Estimate

£385,000

 

 

End Value (After Refurb)

£510,832

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£19,500

Refurb Costs

£36,064

Bridging Loan Interest

£10,106

Total Cash In

£163,671

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£510,832

Agent Fees (1%)

£5,108

Bridging Loan

£288,750

Bridging Loan Interest

£10,106

Flip Profit

£53,303

Local Sold Prices

51 sold prices from £158K to £795K, average is £466K. £3K/m² to £15K/m², average is £7.9K/m².

PriceDateDistanceAddressBeds 
£535K06/230.09 mi95c, Gordon Road, London, Greater London W5 2AL2
£486.5K08/230.13 mi25c, Gordon Road, London, Greater London W5 2AD2
£460K01/210.17 mi5, Pinewood Grove, London, Greater London W5 2AG2
£432.5K04/230.17 mi13, Pinewood Grove, London, Greater London W5 2AG2
£434.5K08/210.17 mi21, Pinewood Grove, London, Greater London W5 2AG2
£635K08/230.19 miFlat 10, Daphne Court, Castlebar Road, London, Greater London W5 2DF2
£435K10/230.22 mi2, Haven Green, London, Greater London W5 2UU2
£695K03/210.24 mi14a, Amherst Road, London, Greater London W13 8ND2
£390K06/230.25 mi56, Langham Gardens, London, Greater London W13 8PZ2
£430K06/230.25 mi74, Langham Gardens, London, Greater London W13 8PZ2
£197.3K07/210.28 mi4, Langham Gardens, London, Greater London W13 8PY2
£318K03/230.28 mi31, Langham Gardens, London, Greater London W13 8PY2
£445K08/230.28 mi12, Langham Gardens, London, Greater London W13 8PY2
£368K09/230.28 mi23, Langham Gardens, London, Greater London W13 8PY2
£417K10/230.3 miFlat 12, Culmington Mansions, Culmington Road, London, Greater London W13 9NA2
£575K06/210.33 mi24b, The Green, London, Greater London W5 5DA2
£375K06/210.37 mi34, Pursewardens Close, London, Greater London W13 9PN2
£432.5K07/230.38 mi51c, Mattock Lane, London, Greater London W13 9NS2
£600K05/230.39 mi28a, Oxford Road, London, Greater London W5 3ST2
£450K04/210.41 mi18d, Windsor Road, London, Greater London W5 5PD2
£375K02/230.43 miFlat 44, Craig House, Hartington Road, London, Greater London W13 8QJ2
£460.7K12/220.43 miGround Floor Flat, 6, Broomfield Place, London, Greater London W13 9LB2
£500K12/230.43 miThe Grange, Flat 30, The Knoll, London, Greater London W13 8JJ2
£587.5K08/210.44 mi9a, Churchfield Road, London, Greater London W13 9NF2
£401K10/200.45 miFlat 51, Craig House, Hartington Road, London, Greater London W13 8QJ2
£466K03/230.45 miFlat 42, Craig House, Hartington Road, London, Greater London W13 8QJ2
£250K03/230.45 miFlat 38, Craig House, Hartington Road, London, Greater London W13 8QJ2
£455K06/230.45 miFlat 24, Craig House, Hartington Road, London, Greater London W13 8QJ2
£495K11/200.45 mi29, Balmain Close, London, Greater London W5 5BY2
£505K07/230.45 mi14, Balmain Close, London, Greater London W5 5BY2
£399K06/230.45 mi33, Balmain Close, London, Greater London W5 5BY2
£496.5K09/230.45 mi30, Balmain Close, London, Greater London W5 5BY2
£630K10/230.47 mi3, College Court, London, Greater London W5 2PY2
£795K02/210.47 mi46, Argyle Road, London, Greater London W13 8AA2
£475K06/210.48 mi4b, Churchfield Road, London, Greater London W13 9NG2
£460K05/230.48 mi12a, Churchfield Road, London, Greater London W13 9NG2
£440K06/230.48 mi49, Grange Road, London, Greater London W5 5BU2
£606K07/230.49 mi80, Webster Gardens, London, Greater London W5 5NH2
£606K07/230.49 mi80, Webster Gardens, London, Greater London W5 5NH2
£485K04/210.49 miFlat A Ground Floor, 19, Kirchen Road, London, Greater London W13 0TY2
£158K10/230.49 miFlat 16, Lido House, Northfield Avenue, London, Greater London W13 9LD2
£540K05/210.49 miFlat 2, Moorside Court, Rathgar Avenue, London, Greater London W13 9QX2
£496K06/230.5 mi67, Webster Gardens, London, Greater London W5 5NB2
£550K04/230.52 miFlat 21, Dene Court, Mount Avenue, London, Greater London W5 1TH2
£490K03/230.52 miFlat 20, Dene Court, Mount Avenue, London, Greater London W5 1TH2
£490K10/230.52 miFlat 24, Dene Court, Mount Avenue, London, Greater London W5 1TH2
£740K06/210.52 mi56, Culmington Road, London, Greater London W13 9NH2
£420K06/210.53 miFlat 8, Kemsley Court, Rathgar Avenue, London, Greater London W13 9PP2
£515K12/210.53 mi45a, Waldemar Avenue, London, Greater London W13 9PZ2
£467K01/210.54 mi1a, Mount Avenue, London, Greater London W5 1QB2
£418K05/210.54 mi20a, Connaught Road, London, Greater London W13 0TF2

Local Rents

50 rents from £1.8K/mo to £3.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£1,85003/250.09 mi-2
£2,90002/240.1 mi-2
£2,49510/240.1 mi-2
£2,90010/240.1 miDickens Yard, Longfield Avenue, W52
£2,29510/240.11 mi-2
£2,29510/240.11 mi-2
£2,50001/250.11 mi-2
£2,10012/240.11 mi-2
£2,00003/250.11 mi-2
£3,20010/240.12 miBelgravia House, Dickens Yard, Ealing2
£2,75010/240.12 miBelgravia House, W5 2
£2,75210/240.12 miLongfield Avenue, Ealing2
£3,00003/250.12 mi-2
£3,80003/250.12 mi-2
£3,20003/250.12 mi-2
£3,00010/240.12 miCarlton Road, Ealing, London, W52
£3,00010/240.12 miCarlton Road, W52
£2,20010/240.12 miUxbridge Road, Ealing Broadway, London, W52
£3,00010/240.13 miDickens Yard, Longfield Avenue, W52
£3,00010/240.14 miCarlton Road, LONDON, W52
£3,65010/240.14 miDickens Yard, Longfield Avenue, Ealing2
£2,65010/240.16 mi-2
£3,50010/240.17 miVista House, Dickens Yard, Ealing, W52
£2,24910/240.17 miOak Tree Close, Ealing2
£3,35012/240.18 mi-2
£2,90002/250.18 mi-2
£2,55010/240.18 miAmherst Road, London, W132
£2,75010/240.19 miTenor Building, Ealing, W52
£3,30010/240.19 miNew Broadway, Ealing, W52
£2,50010/240.19 miArc Tower, Ealing Broadway, London, W52
£2,25002/250.19 mi-2
£2,30001/240.19 mi-2
£1,80003/250.19 mi-2
£2,49210/240.19 miUxbridge Road, Ealing2
£2,50010/240.2 mi-2
£2,90002/250.2 mi-2
£2,05810/240.2 miUxbridge Road, Ealing, W5 2SS – 2 Bedrooms Flat2
£2,64810/240.21 miCastlebar Road, London2
£2,55010/240.21 miAmherst Road, W132
£2,55010/240.21 miAmherst Road, London W132
£2,35010/240.21 mi-2
£1,99810/240.21 miBlakesley Avenue, Ealing2
£2,10002/250.22 mi-2
£2,25010/240.23 miMattock Lane, Ealing W52
£2,20010/240.23 miMattock Lane, Ealing, W52
£2,99501/250.24 mi-2
£2,99502/250.24 mi-2
£2,30001/250.27 mi-2
£2,00011/240.27 mi-2
£2,70002/240.27 mi-2

Local Area Statistics

Population in W5

49,952

Population in London

4,771,921

Town centre distance

8.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Buyer's market

Capital growth (5yrs)

+5%

Property History

Listed for £385,000

January 23, 2025

Floor Plans

Description

  • Second floor conversion flat, with loft space for storage +
  • Two bedrooms +
  • Share of freehold + 900+ year lease +
  • No onward chain +
  • Rear communal rear garden +
  • No onward chain +

SUMMARY
Second floor conversion flat situated on Gordon Road in Ealing, offering two bedrooms, a share of freehold, loft space for storage. Please call the Ealing branch today for more information and to arrange a viewing!

DESCRIPTION
Second floor conversion flat situated in Ealing, which is in need of full refurbishment throughout. The property is perfectly located for amenities and transport links. The property offers a open-plan reception/kitchen room, two bedrooms and a bathroom. Other benefits include a rear communal garden, loft space for storage, a share of freehold and no onward chain.

The property is short walk to a variety of transport links including the E1, E3 & 207 bus routes, West Ealing overground train station (Great Western Rail & Elizabeth line), local amenities including Waitrose. Ealing Broadway is also within a short walk, offering the popular retail shopping centre, an abundance of restaurants, cafes, bars, the new Filmworks picture house, Ealing Broadway tube station (Central line, District line, Elizabeth line & Great Western) and an array of parks and open green spaces.

Agent's Note  
'The sale of this Property will be subject to Grant of Letters of Administration from the Probate Registry. We ask that interested parties seek guidance as to the potential timeframes involved for this purchase with their Conveyancer.'

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Ealing

020 3872 3747

Next Steps?

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