2 Bed Flat, Single Let, London, W10 5LP, £475,000

Ladbroke Grove, Notting Hill, W10 5LP - 3 views - 3 months ago

BTL

ROI: 1%

~68 m²

+1 photos

ValuationUndervalued

Sold Prices	£315K - £9.7M
Sold Prices/m²	£5.9K/m² - £18.5K/m²

Square Metres	~68.11 m²
Price/m²	£7K/m²
Value Estimate	£570,000£570,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£36,200£36,200
Total Cash In	£154,950£154,950

Cash Out
Rent Range	£1,995 - £6,283£1,995 - £6,283
Rent Estimate	£1,999
Running Costs/mo	£1,904£1,904
Cashflow/mo	£95£95
Cashflow/yr	£1,138£1,138
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

51 sold prices from £315K to £9.7M, average is £610K. £5.9K/m² to £18.5K/m², average is £10.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£400K	06/21	0.17 mi	Flat 26, James House, Appleford Road, London, Greater London W10 5GF	-	-	2	Flat
£845K	07/23	0.18 mi	173, Bonchurch Road, London, Greater London W10 5NN	£11,419	74	2	Flat
£865K	03/21	0.24 mi	4b, Millwood Street, London, Greater London W10 6EH	£11,689	74	2	Flat
£9.7M	02/21	0.26 mi	24, Bassett Road, London, Greater London W10 6JJ	£18,173	531	2	Flat
£490K	01/21	0.27 mi	Flat 2, Gadsden House, Hazlewood Crescent, London, Greater London W10 5DX	£7,903	62	2	Flat
£640K	12/22	0.27 mi	35a, St Charles Square, London, Greater London W10 6EN	£9,907	65	2	Flat
£491.6K	06/21	0.28 mi	125, St Ervans Road, London, Greater London W10 5QY	£6,904	71	2	Flat
£440K	02/21	0.28 mi	68, Chesterton Road, London, Greater London W10 6EP	-	-	2	Flat
£495K	03/23	0.28 mi	23, Orchard Close, London, Greater London W10 5RA	-	-	2	Flat
£610K	01/21	0.28 mi	76, St Ervans Road, London, Greater London W10 5QT	£7,531	81	2	Flat
£617K	06/21	0.28 mi	44, St Ervans Road, London, Greater London W10 5QT	£7,408	83	2	Flat
£550K	12/23	0.28 mi	84, St Ervans Road, London, Greater London W10 5QT	£6,627	83	2	Flat
£834K	01/23	0.29 mi	Ground Floor Flat West, 9, Bassett Road, London, Greater London W10 6LA	-	-	2	Flat
£830K	11/20	0.31 mi	60b, Oxford Gardens, London, Greater London W10 5UN	-	-	2	Flat
£830K	11/20	0.32 mi	60b, Oxford Gardens, London, Greater London W10 5UN	-	-	2	Flat
£600K	11/20	0.36 mi	61l, Fifth Avenue, London, Greater London W10 4DL	-	-	2	Flat
£695K	06/21	0.37 mi	20, Oakworth Road, London, Greater London W10 6DQ	£9,026	77	2	Flat
£595K	07/23	0.39 mi	64a, Fermoy Road, London, Greater London W9 3NJ	-	-	2	Flat
£690K	10/23	0.39 mi	Flat C, 40, Hormead Road, London, Greater London W9 3NQ	-	-	2	Flat
£800K	03/21	0.4 mi	First Floor Flat, 93, Cambridge Gardens, London, Greater London W10 6JE	£14,545	55	2	Flat
£1.3M	05/23	0.41 mi	77a, St Marks Road, London, Greater London W10 6JT	£16,026	78	2	Flat
£430K	12/20	0.41 mi	Flat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA	-	-	2	Flat
£400K	03/21	0.43 mi	Second Floor Flat, 39, Kilburn Lane, London, Greater London W10 4AE	-	-	2	Flat
£580K	12/22	0.43 mi	245, Tavistock Crescent, London, Greater London W11 1AE	£7,532	77	2	Flat
£855K	03/21	0.43 mi	35, St Helens Gardens, London, Greater London W10 6LN	-	-	2	Flat
£580K	02/23	0.45 mi	24a, Tavistock Crescent, London, Greater London W11 1AL	£8,273	70	2	Flat
£3.3M	06/21	0.46 mi	182, Lancaster Road, London, Greater London W11 1QU	£16,565	196	2	Flat
£967.5K	07/23	0.46 mi	176c, Lancaster Road, London, Greater London W11 1QU	-	-	2	Flat
£1.0M	08/23	0.48 mi	First Floor Flat, 60, Tavistock Road, London, Greater London W11 1AW	£18,545	55	2	Flat
£830K	11/20	0.49 mi	48, Oliphant Street, London, Greater London W10 4EG	£10,506	79	2	Flat
£695K	02/23	0.49 mi	4, St Andrews Square, London, Greater London W11 1RH	-	-	2	Flat
£775K	11/23	0.5 mi	83, Marne Street, London, Greater London W10 4JF	£12,500	62	2	Flat
£377K	11/23	0.5 mi	29b, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£315K	05/21	0.5 mi	Third Floor Flat, 75, Bravington Road, London, Greater London W9 3AA	-	-	2	Flat
£610K	03/21	0.5 mi	67a, Bravington Road, London, Greater London W9 3AA	-	-	2	Flat
£550K	04/21	0.5 mi	76a, Ashmore Road, London, Greater London W9 3DG	£10,000	55	2	Flat
£410K	03/21	0.5 mi	76b - 76c, Ashmore Road, London, Greater London W9 3DG	-	-	2	Flat
£510K	06/21	0.5 mi	Ground Floor Flat, 40, Pember Road, London, Greater London NW10 5LS	£9,808	52	2	Flat
£583.2K	05/21	0.51 mi	Ground Floor Flat, 55, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£421K	11/20	0.52 mi	2, Portgate Close, London, Greater London W9 3DL	£5,930	71	2	Flat
£465K	11/21	0.52 mi	12, Portgate Close, London, Greater London W9 3DL	£6,458	72	2	Flat
£1.5M	08/21	0.52 mi	55, Lancaster Road, London, Greater London W11 1QJ	£14,522	102	2	Flat
£855K	12/21	0.52 mi	34, Kelfield Gardens, London, Greater London W10 6NB	£11,633	74	2	Flat
£512.5K	06/21	0.53 mi	12a, Mozart Street, London, Greater London W10 4LA	-	-	2	Flat
£684K	12/22	0.53 mi	58, Pember Road, London, Greater London NW10 5LU	-	-	2	Flat
£595K	03/21	0.54 mi	19, Wesley Square, London, Greater London W11 1TP	£13,523	44	2	Flat
£600K	07/23	0.54 mi	Flat B, 13, Rainham Road, London, Greater London NW10 5DS	-	-	2	Flat
£645K	12/23	0.55 mi	32, Wesley Square, London, Greater London W11 1TS	£10,574	61	2	Flat
£823K	10/20	0.55 mi	Part Of First Floor Flat, 22, Balliol Road, London, Greater London W10 6LX	-	-	2	Flat
£481K	01/24	0.55 mi	Flat A, 110, Ashmore Road, London, Greater London W9 3DQ	-	-	2	Flat
£481K	01/24	0.55 mi	Flat A, 110, Ashmore Road, London, Greater London W9 3DQ	-	-	2	Flat

Local Rents

50 rents from £2K/mo to £6.3K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,250	10/24	0.03 mi	Ladbroke Grove, London, W10	2	Flat
£3,250	10/24	0.04 mi	Ladbroke Grove, Ladbroke Grove W10	2	Flat
£2,500	10/24	0.08 mi	Ladbroke Grove London W10	2	Flat
£2,709	10/24	0.09 mi	Southern Row, Ladbroke Grove, London, W10	2	Flat
£2,297	10/24	0.11 mi	Banister Road, North Kensington	2	Flat
£2,400	10/24	0.12 mi	-	2	Flat
£2,400	10/24	0.12 mi	Southern Row, London, W10	2	Flat
£2,450	10/24	0.12 mi	Southern Row, London, W10	2	Flat
£1,999	03/25	0.13 mi	-	2	Flat
£2,300	04/25	0.13 mi	-	2	Flat
£3,358	10/24	0.13 mi	Faraday Road, London, W10	2	Flat
£3,400	10/24	0.13 mi	Hewer Street, London, W10	2	Flat
£3,400	10/24	0.13 mi	Hewer Street, London, W10	2	Flat
£3,000	10/24	0.14 mi	Faraday Road London W10	2	Flat
£3,100	10/24	0.15 mi	17, Faraday Road, London, W10	2	Flat
£3,250	10/24	0.19 mi	St Lawrence Terrace, Ladbroke Grove, London, W10	2	Flat
£2,250	10/24	0.2 mi	St. Charles Square, North Kensington, W10	2	Flat
£2,600	10/24	0.22 mi	The Ink Building, Barlby Road, North Kensington, London, Royal Borough of Kensington and Chelsea, W10	2	Flat
£4,117	10/24	0.22 mi	Chesterton Road, North Kensington, W10	2	Flat
£2,947	10/24	0.23 mi	Chesterton Road, Ladbroke Grove W10	2	Flat
£2,145	10/24	0.23 mi	Chesterton Road, Ladbroke Grove W10	2	Flat
£2,350	04/25	0.24 mi	-	2	Flat
£1,998	10/24	0.24 mi	St. Lawrence Terrace, London	2	Flat
£6,283	10/24	0.25 mi	St Charles Square, London, W10	2	Flat
£2,250	03/25	0.27 mi	-	2	Flat
£3,467	10/24	0.28 mi	Chesterton Road, North Kensington, W10	2	Flat
£4,117	10/24	0.28 mi	Chesterton Road, North Kensington, W10	2	Flat
£1,995	12/24	0.28 mi	-	2	Flat
£3,975	03/25	0.28 mi	-	2	Flat
£5,700	10/24	0.3 mi	Ladbroke Grove, London, W10	2	Flat
£1,997	12/24	0.32 mi	-	2	Flat
£2,700	10/24	0.32 mi	Oxford Gardens, London, W10	2	Flat
£2,379	10/24	0.32 mi	Ash House, London, W10	2	Flat
£2,383	10/24	0.32 mi	-	2	Flat
£3,445	10/24	0.33 mi	St Helens Gardens, London, W10	2	Flat
£2,145	10/24	0.34 mi	Ladbroke Grove, Ladbroke Grove W10	2	Flat
£3,000	10/24	0.34 mi	Oxford Gardens, London, W10	2	Flat
£2,600	10/24	0.34 mi	Oxford Gardens, London, W10	2	Flat
£2,500	10/24	0.35 mi	Cambridge Gardens London W10	2	Flat
£2,383	10/24	0.35 mi	-	2	Flat
£2,470	02/25	0.35 mi	-	2	Flat
£2,600	10/24	0.36 mi	Oxford Gardens, Ladbroke Grove, London, W10	2	Flat
£2,650	03/25	0.37 mi	-	2	Flat
£4,500	11/24	0.37 mi	-	2	Flat
£4,500	11/24	0.37 mi	-	2	Flat
£4,500	11/24	0.37 mi	-	2	Flat
£5,000	01/25	0.37 mi	-	2	Flat
£2,600	12/24	0.37 mi	-	2	Flat
£3,200	11/24	0.37 mi	-	2	Flat
£3,200	01/25	0.37 mi	-	2	Flat

Local Area Statistics

Population in W10	33,63833,638
Population in London	4,771,9214,771,921
Town centre distance	4.63 miles away4.63 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.42 miles away0.42 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-13%-13%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+4%+4%

Property History

Price changed to £475,000

February 20, 2025

Listed for £500,000

January 29, 2025

Floor Plans

Description

Two Bedroom +
First Floor Flat +
Separate Kitchen +
High Ceilings +
Notting Hill +

A newly decorated two bedroom apartment located on the first floor in a period conversion. The property has a reception room with high ceilings and a feature fireplace, a separate kitchen, and a newly fitted bathroom.

The property is ideally situated close to all the amenities, shops, bars and restaurants of Ladbroke Grove, Portobello Road and Westbourne Grove, while Notting Hill Gate is only a short distance away.

Tenure: Share Of Freehold Lease Years Remaining: 986
Service Charge: £500 (Yearly)
Council Tax Band: D

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, Westbourne Grove

020 7313 3600

Next Steps?

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