2 Bed Flat, Single Let, London, NW1 0JF, £425,000

Barker Drive, London, NW1 0JF - 3 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 3%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£360K - £1.5M
Sold Prices/m²	£6.1K/m² - £111.6K/m²

Square Metres	~68.11 m²
Price/m²	£6.2K/m²
Value Estimate	£527,000£527,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£106,250£106,250
Stamp Duty & Legal Fees	£22,700£22,700
Total Cash In	£128,950£128,950

Cash Out
Rent Range	£1,700 - £5,417£1,700 - £5,417
Rent Estimate	£2,023
Running Costs/mo	£1,753£1,753
Cashflow/mo	£270£270
Cashflow/yr	£3,243£3,243
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £360K to £1.5M, average is £567.5K. £6.1K/m² to £111.6K/m², average is £9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£420K	06/21	0 mi	194, Barker Drive, London, Greater London NW1 0JF	£8,400	50	2	Flat
£425K	03/23	0.01 mi	174, Barker Drive, London, Greater London NW1 0JF	£8,500	50	2	Flat
£410K	12/23	0.09 mi	147, Weavers Way, London, Greater London NW1 0XG	£8,200	50	2	Flat
£430K	06/21	0.09 mi	75, Weavers Way, London, Greater London NW1 0XG	£8,958	48	2	Flat
£380K	11/23	0.09 mi	85, Weavers Way, London, Greater London NW1 0XG	£7,755	49	2	Flat
£545K	11/23	0.16 mi	178, St Pauls Crescent, London, Greater London NW1 9XZ	£6,488	84	2	Flat
£562.5K	03/21	0.17 mi	29, Reachview Close, London, Greater London NW1 0TY	£10,359	54	2	Flat
£570K	02/23	0.19 mi	90b, Agar Grove, London, Greater London NW1 9TL	-	-	2	Flat
£792.7K	08/21	0.2 mi	16, Rochester Square, London, Greater London NW1 9SA	£111,648	7	2	Flat
£822.5K	08/21	0.23 mi	33a, Rochester Square, London, Greater London NW1 9RZ	-	-	2	Flat
£624K	02/21	0.24 mi	Second Floor Flat, 82, College Place, London, Greater London NW1 0DJ	-	-	2	Flat
£680K	08/23	0.24 mi	98a, College Place, London, Greater London NW1 0DJ	-	-	2	Flat
£515K	06/21	0.26 mi	Ground Floor Flat, 73, College Place, London, Greater London NW1 0DR	£8,583	60	2	Flat
£770K	06/24	0.3 mi	110b, Camden Street, London, Greater London NW1 0HY	£9,167	84	2	Flat
£475K	12/22	0.32 mi	Second And Third Floor Flat, 231, Royal College Street, London, Greater London NW1 9LT	-	-	2	Flat
£405K	03/23	0.32 mi	Flat 27, Foster Court, Royal College Street, London, Greater London NW1 9NL	-	-	2	Flat
£548.1K	10/23	0.33 mi	2, Bonny Street, London, Greater London NW1 9PG	-	-	2	Flat
£1.5M	03/21	0.37 mi	59, Rochester Place, London, Greater London NW1 9JU	-	-	2	Flat
£610K	01/23	0.38 mi	2d, North Villas, London, Greater London NW1 9BJ	-	-	2	Flat
£1.0M	11/20	0.39 mi	Second Floor Flat, 4, Camden Terrace, London, Greater London NW1 9BP	-	-	2	Flat
£485K	11/20	0.39 mi	Flat 10, Ravenscar, Bayham Street, London, Greater London NW1 0BS	-	-	2	Flat
£686K	01/21	0.41 mi	148, Chalton Street, London, Greater London NW1 1NP	£8,575	80	2	Flat
£385K	04/23	0.47 mi	Flat 15, Penfields House, York Way Estate, London, Greater London N7 9PZ	-	-	2	Flat
£730.5K	11/20	0.48 mi	4b, Oseney Crescent, London, Greater London NW5 2AU	£6,088	120	2	Flat
£360K	12/20	0.48 mi	Flat 135, Mayford, Oakley Square, London, Greater London NW1 1PA	-	-	2	Flat
£415K	08/21	0.49 mi	Flat 69, Fairfield, Arlington Road, London, Greater London NW1 7LE	-	-	2	Flat
£410K	07/23	0.51 mi	Flat 22, Foxfield, Arlington Road, London, Greater London NW1 7LD	-	-	2	Flat
£475K	09/23	0.51 mi	Flat 79, Mayford, Oakley Square, London, Greater London NW1 1NY	-	-	2	Flat
£800K	10/23	0.52 mi	7, Charrington Street, London, Greater London NW1 1RS	£11,494	70	2	Flat
£530K	06/21	0.52 mi	First Floor Flat, 264, Camden Road, London, Greater London NW1 9AB	£12,326	43	2	Flat
£635K	05/21	0.52 mi	63a, Arlington Road, London, Greater London NW1 7ES	-	-	2	Flat
£557.5K	03/21	0.53 mi	First Floor Flat, 266, Camden Road, London, Greater London NW1 9AB	£12,965	43	2	Flat
£806K	02/21	0.53 mi	175, Arlington Road, London, Greater London NW1 7EY	-	-	2	Flat
£468.1K	09/21	0.53 mi	64, Bunning Way, London, Greater London N7 9UP	£12,446	38	2	Flat
£650K	01/21	0.54 mi	Basement Flat, 6, Bartholomew Villas, London, Greater London NW5 2LL	-	-	2	Flat
£520K	01/23	0.54 mi	Flat 3, Peckwater House, Oseney Crescent, London, Greater London NW5 2AY	-	-	2	Flat
£700K	01/21	0.55 mi	31d, Arlington Road, London, Greater London NW1 7ER	-	-	2	Flat
£470K	02/23	0.55 mi	Flat 21, Mayford, Oakley Square, London, Greater London NW1 1NX	-	-	2	Flat
£575.5K	09/21	0.55 mi	148, Coopers Lane, London, Greater London NW1 1HA	£7,673	75	2	Flat
£885K	03/21	0.55 mi	70a, Gaisford Street, London, Greater London NW5 2EH	£10,412	85	2	Flat
£700K	11/21	0.55 mi	90b - 90c, Caversham Road, London, Greater London NW5 2DN	-	-	2	Flat
£430K	09/21	0.58 mi	Flat 23, Phoenix Court, Purchese Street, London, Greater London NW1 1EL	-	-	2	Flat
£747.5K	12/21	0.58 mi	31a, Gaisford Street, London, Greater London NW5 2EB	£15,773	47	2	Flat
£720.5K	12/20	0.58 mi	164a, Kentish Town Road, London, Greater London NW5 2AG	£8,578	84	2	Flat
£490K	06/24	0.6 mi	Flat 3, 13, Brecknock Road, London, Greater London N7 0BL	£10,652	46	2	Flat
£642K	08/23	0.6 mi	Flat 1, Barling, Castlehaven Road, London, Greater London NW1 8TJ	-	-	2	Flat
£565K	10/23	0.6 mi	38c, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£1.1M	09/23	0.6 mi	62a, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£615K	06/21	0.6 mi	13c, Albert Street, London, Greater London NW1 7LU	-	-	2	Flat
£897.5K	12/20	0.61 mi	51a, Mornington Terrace, London, Greater London NW1 7RT	-	-	2	Flat

Local Rents

50 rents from £1.7K/mo to £5.4K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,700	06/24	0 mi	Barker Drive, London, NW1	2	Flat
£2,200	06/24	0.01 mi	Barker Drive, Camden, NW1	2	Flat
£2,200	06/24	0.01 mi	Barker Drive, Camden, London, NW1	2	Flat
£2,400	12/24	0.03 mi	-	2	Flat
£2,250	06/24	0.08 mi	Bergholt Mews, London	2	Flat
£2,400	12/24	0.08 mi	-	2	Flat
£2,500	06/24	0.12 mi	St Pancras Way, Camden, NW1	2	Flat
£1,950	12/24	0.13 mi	-	2	Flat
£3,000	12/24	0.13 mi	-	2	Flat
£2,700	02/25	0.13 mi	-	2	Flat
£2,650	02/25	0.13 mi	-	2	Flat
£2,925	06/24	0.15 mi	St Pancras Way, Camden, London, NW1	2	Flat
£2,600	06/24	0.16 mi	St Pancras Way, Camden, London, NW1	2	Flat
£2,850	12/24	0.17 mi	-	2	Flat
£2,145	06/24	0.18 mi	Murray Street, Camden	2	Flat
£2,145	06/24	0.18 mi	Murray Street, Camden	2	Flat
£2,145	06/24	0.18 mi	Murray Street, Camden, NW1	2	Flat
£2,750	06/24	0.19 mi	Stratford Villas, London, NW1	2	Flat
£1,980	04/25	0.19 mi	-	2	Flat
£2,145	06/24	0.19 mi	Murray Street, London NW1	2	Flat
£2,400	06/24	0.19 mi	-	2	Flat
£3,400	04/25	0.19 mi	-	2	Flat
£2,396	06/24	0.19 mi	Murray Street, Murray Street	2	Flat
£4,117	06/24	0.2 mi	Onyx Apartment, 100 Camley street, London N1C	2	Flat
£2,500	04/25	0.2 mi	-	2	Flat
£2,200	12/24	0.21 mi	-	2	Flat
£4,000	05/24	0.21 mi	Camley Street, London, N1C	2	Flat
£3,100	05/24	0.21 mi	Camley Street London N1C	2	Flat
£3,250	05/24	0.21 mi	Camley Street London N1C	2	Flat
£3,423	05/24	0.21 mi	Onyx Apartments, Camley Street, King's Cross N1C	2	Flat
£4,000	06/24	0.21 mi	Camley Street, London, N1C	2	Flat
£3,683	06/24	0.21 mi	Camley Street London N1C	2	Flat
£2,496	06/24	0.22 mi	Bruges Place, Camden	2	Flat
£5,417	06/24	0.22 mi	Onyx Apartments, 100 Camley Street, N1C	2	Flat
£2,700	06/24	0.22 mi	Royal College Street, Camden, NW1	2	Terraced House
£2,500	06/24	0.22 mi	St Pauls Crescent, Camden, NW1	2	Flat
£2,999	12/24	0.22 mi	-	2	Flat
£3,683	06/24	0.23 mi	Camley Street, Kings Cross, N1C	2	Flat
£2,665	06/24	0.24 mi	College Place, Camden Town, NW1	2	Flat
£2,450	06/24	0.24 mi	Rousden Street, Camden, London, NW1	2	Flat
£2,665	06/24	0.24 mi	College Place, London, NW1	2	Flat
£2,700	06/24	0.24 mi	Royal College Street, Camden Town, London, NW1	2	Flat
£2,800	06/24	0.25 mi	St Augustines Road, Camden, NW1	2	Flat
£1,950	12/24	0.25 mi	-	2	Flat
£3,077	12/24	0.25 mi	-	2	Flat
£3,445	03/25	0.25 mi	-	2	Flat
£3,450	05/24	0.25 mi	Camley Street, Kings Cross, N1C	2	Flat
£2,275	03/25	0.25 mi	-	2	Flat
£2,700	02/24	0.25 mi	-	2	Flat
£3,250	06/24	0.25 mi	St. Augustine's Road, Camden, London, NW1	2	Flat

Local Area Statistics

Population in NW1	60,29460,294
Population in London	4,771,9214,771,921
Town centre distance	1.43 miles away1.43 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-4%-4%

Property History

Listed for £425,000

January 24, 2025

Floor Plans

Description

Chain Free +
Walking distance of St Pancras, Kings Cross and Camden Town +
Dual aspect Living Room +
Centrally Located +

A bright and spacious first floor apartment in a private well managed modern block, quietly and conveniently located within a short walk of Kings Cross, St Pancras mainline and Eurostar stations and close to Regents Canal, Granary Square and the newly developed Coal Drops Yard with its multitude of restaurants, shops and entertainment facilities. Gas centrally heated, large dual aspect living room, communal gardens. On-street residents parking. Chain free.

Living room 15'11 x 11'6" Dual aspect. Large double glazed window
Kitchen 8'7" x 8'4" Fully fitted. Double glazed window
Bedroom 12'7" x 9'3" Double glazed window
Bedroom 9'1" x 7' Double glazed window
Bathroom 6'11' x 5'5" White suite. Shower.
Large well maintained communal gardens

Tenure: 171 Years
Ground Rent: £130 p.a.
Service charge: £144 per month including buildings insurance
Council tax: Band D (Camden Borough)
EPC Band C (78/78)

Agent Details

Camden Bus, London

020 7485 7485

Next Steps?

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