2 Bed Terraced House, Single Let, London, NW8 0SP, £400,000

Rowley Way, St John's Wood, NW8 0SP - 2 views - 3 months ago

Under Offer

Leasehold

BTL

ROI: 4%

~68 m²

+8 photos

ValuationUndervalued

Sold Prices	£575K - £7.0M
Sold Prices/m²	£8.4K/m² - £20K/m²

Square Metres	~68.11 m²
Price/m²	£5.9K/m²
Value Estimate	£488,000£488,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£100,000£100,000
Stamp Duty & Legal Fees	£20,700£20,700
Total Cash In	£120,700£120,700

Cash Out
Rent Range	£1,950 - £6,500£1,950 - £6,500
Rent Estimate	£2,150
Running Costs/mo	£1,700£1,700
Cashflow/mo	£450£450
Cashflow/yr	£5,400£5,400
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

23 sold prices from £575K to £7.0M, average is £900K. £8.4K/m² to £20K/m², average is £12.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.9M	11/22	0.22 mi	46, Fairfax Road, London, Greater London NW6 4HA	-	-	2	Terraced House
£1.4M	12/20	0.39 mi	10 - 11, Ryders Terrace, London, Greater London NW8 0EE	-	-	2	Terraced House
£1.2M	03/21	0.39 mi	8, Walpole Mews, London, Greater London NW8 6EZ	£13,352	88	2	Terraced House
£760K	12/20	0.4 mi	37c, Greville Road, London, Greater London NW6 5JB	£10,270	74	2	Semi-Detached House
£1.1M	12/22	0.52 mi	10, West Hampstead Mews, London, Greater London NW6 3BB	-	-	2	Terraced House
£800K	10/23	0.63 mi	78a, Dynham Road, London, Greater London NW6 2NR	£12,500	64	2	Semi-Detached House
£7.0M	10/23	0.64 mi	48, Circus Road, London, Greater London NW8 9SE	£20,014	350	2	Semi-Detached House
£946K	05/21	0.64 mi	10, Cochrane Mews, London, Greater London NW8 6NY	£10,511	90	2	Terraced House
£2.1M	02/22	0.67 mi	10, Charles Lane, London, Greater London NW8 7SB	£13,595	153	2	Terraced House
£1.6M	06/21	0.67 mi	2, Charles Lane, London, Greater London NW8 7SB	£12,903	124	2	Terraced House
£2.6M	08/21	0.7 mi	41a, Belsize Lane, London, Greater London NW3 5AU	£17,059	153	2	Semi-Detached House
£835K	06/22	0.71 mi	120, Kingsgate Road, London, Greater London NW6 2JG	-	-	2	Semi-Detached House
£848.8K	11/23	0.72 mi	212, Iverson Road, London, Greater London NW6 2HL	£10,351	82	2	Terraced House
£890K	07/23	0.72 mi	206, Iverson Road, London, Greater London NW6 2HL	£10,854	82	2	Terraced House
£900K	05/24	0.73 mi	18, Elgin Mews North, London, Greater London W9 1NN	£8,411	107	2	Terraced House
£585K	03/23	0.73 mi	53b, Lowfield Road, London, Greater London NW6 2PP	-	-	2	Terraced House
£650K	04/24	0.73 mi	39, First And Second Floor Maisonette, Lowfield Road, London, Greater London NW6 2PP	-	-	2	Terraced House
£760K	04/24	0.82 mi	90a, Brondesbury Villas, London, Greater London NW6 6AD	-	-	2	Terraced House
£735K	11/23	0.85 mi	1a, Inglewood Road, London, Greater London NW6 1QT	-	-	2	Semi-Detached House
£1.4M	05/21	0.88 mi	21, Elizabeth Mews, London, Greater London NW3 4UH	£15,435	92	2	Terraced House
£750K	02/21	0.88 mi	26, Elizabeth Mews, London, Greater London NW3 4UH	£12,931	58	2	Terraced House
£1.0M	03/21	0.88 mi	17, Elizabeth Mews, London, Greater London NW3 4UH	£11,111	90	2	Terraced House
£575K	10/23	0.92 mi	18b, Donaldson Road, London, Greater London NW6 6ND	-	-	2	Terraced House

Local Rents

50 rents from £1.9K/mo to £6.5K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,300	03/25	0.04 mi	-	2	Flat
£2,150	07/24	0.05 mi	-	2	Flat
£2,150	06/24	0.05 mi	Belsize Road, Swiss Cottage, NW6	2	Flat
£2,383	07/24	0.06 mi	Belsize Road, London, NW6	2	Flat
£2,400	08/24	0.06 mi	Belsize Road, South Hampstead, London, NW6	2	Flat
£2,200	06/24	0.06 mi	-	2	Flat
£2,200	11/24	0.06 mi	-	2	Flat
£2,449	06/24	0.06 mi	Belsize Road, Swiss Cottage, NW6	2	Flat
£2,400	08/24	0.06 mi	Belsize Road, Swiss Cottage, NW6	2	Flat
£2,950	02/24	0.07 mi	-	2	House
£2,950	08/24	0.07 mi	-	2	Flat
£2,750	08/24	0.08 mi	Boundary Road, St Johns Wood NW8	2	Flat
£2,350	06/24	0.08 mi	-	2	Semi-Detached House
£2,850	09/24	0.1 mi	Loudoun Road, London, NW8	2	Flat
£2,500	09/24	0.1 mi	-	2	Flat
£2,750	06/24	0.1 mi	Loudoun Road, South Hampstead, NW8	2	Flat
£2,500	06/24	0.1 mi	The Move, 154 Loudoun Road, NW8	2	Flat
£2,350	09/24	0.1 mi	Boundary Road, St Johns Wood, NW8	2	Flat
£2,450	09/24	0.1 mi	Goldhurst Terrace, South Hampstead NW6	2	Flat
£2,500	06/24	0.1 mi	Goldhurst Terrace, South Hampstead, NW6	2	Flat
£2,496	09/24	0.1 mi	Goldhurst Terrace, South Hampstead, NW6	2	Flat
£2,350	07/24	0.11 mi	Goldhurst Terrace, South Hampstead NW6	2	Flat
£2,249	12/23	0.11 mi	Belsize Road, South Hampstead NW6	2	Flat
£3,069	04/25	0.11 mi	-	2	Flat
£2,400	09/24	0.11 mi	Belsize Road, South Hampstead, London, NW6	2	Flat
£2,600	01/25	0.12 mi	-	2	Flat
£2,350	06/24	0.12 mi	Waltham House, Boundary Road, London, NW8	2	Flat
£2,600	07/24	0.12 mi	Goldhurst Terrace, South Hampstead, London	2	Flat
£2,817	06/24	0.12 mi	Belsize Road, South Hampstead, London, NW6	2	Flat
£3,098	09/24	0.12 mi	-	2	Flat
£1,950	08/24	0.12 mi	-	2	Flat
£2,709	09/24	0.13 mi	Alexandra Road, Swiss Cottage, London, NW8	2	Flat
£2,752	06/24	0.13 mi	Goldhurst Terrace, South Hampstead NW6	2	Flat
£2,600	07/24	0.13 mi	Goldhurst Terrace, London, NW6	2	Flat
£2,340	06/24	0.13 mi	Goldhurst Terrace, South Hampstead, London	2	Flat
£2,167	06/24	0.13 mi	Stevenson House, Boundary Road, St John's Wood, London, NW8	2	Flat
£2,275	06/24	0.13 mi	Fairfax Road, Swiss Cottage, London NW6 4RY	2	Flat
£6,500	02/24	0.13 mi	-	2	Flat
£2,817	06/24	0.13 mi	Goldhurst Terrace, South Hampstead, London NW6	2	Flat
£6,000	06/24	0.14 mi	-	2	Flat
£5,895	10/24	0.14 mi	-	2	Flat
£5,895	03/25	0.14 mi	-	2	Flat
£2,295	06/24	0.14 mi	-	2	Flat
£2,500	02/25	0.15 mi	-	2	Flat
£2,500	07/24	0.15 mi	Top Floor, London, NW6	2	Flat
£2,000	06/24	0.15 mi	-	2	Flat
£2,350	08/24	0.15 mi	-	2	Flat
£2,350	06/24	0.16 mi	Fairfax Road, London, NW6	2	Flat
£2,250	06/24	0.16 mi	Fairfax Road, London, NW6	2	Flat
£2,250	06/24	0.16 mi	Fairfax Road, London, NW6	2	Flat

Local Area Statistics

Population in NW8	33,80233,802
Population in London	4,771,9214,771,921
Town centre distance	3.35 miles away3.35 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.10 miles away0.10 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-22%-22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-13%-13%

Property History

Listed for £400,000

January 27, 2025

Floor Plans

Description

2 Bedroom Duplex Apartment +
862 sq. ft. +
Leasehold +
Terrace +
Lift +

A spacious 2 bedroom, duplex apartment measuring 862 sq. ft, with a private terrace located within the iconic modernist Alexandra & Ainsworth Estate in St John's Wood. Designed by the RIBA acclaimed architect Neave Brown, the development was completed in the 1970s and is now a Grade II listed building in recognition of its architectural significance.

The property does require modernisation, but this allows the incoming purchaser an opportunity to put their own stamp on the apartment. The apartment comprises of 2 bedrooms, bathroom with separate WC, kitchen, reception room and a 17ft x 8ft south facing terrace.

Selling your property in Rowley Way? Trying to find your perfect home to buy? Register with Chestertons St John's Wood to get the full picture from the experts in the St John's Wood market.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (Chestertons-NHsales)

Agent Details

Chestertons, St. John's Wood

020 3834 8061

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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