2 Bed Flat, Single Let, London, NW10 5LG, £650,000

Regent Street, Kensal Rise, NW10 5LG - 2 views - 2 months ago

Leasehold

BTL

~68 m²

+13 photos

ValuationUndervalued

Sold Prices	£240K - £1.6M
Sold Prices/m²	£3.2K/m² - £17.3K/m²

Square Metres	~68.11 m²
Price/m²	£9.5K/m²
Value Estimate	£668,012£668,012
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£162,500£162,500
Stamp Duty & Legal Fees	£40,700£40,700
Total Cash In	£203,200£203,200

Cash Out
Rent Range	£1,950 - £3,500£1,950 - £3,500
Rent Estimate	£1,998
Running Costs/mo	£2,451£2,451
Cashflow/mo	£-453£-453
Cashflow/yr	£-5,434£-5,434
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £240K to £1.6M, average is £603.5K. £3.2K/m² to £17.3K/m², average is £9.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£400K	03/21	0.03 mi	Second Floor Flat, 39, Kilburn Lane, London, Greater London W10 4AE	-	-	2	Flat
£510K	06/21	0.09 mi	Ground Floor Flat, 40, Pember Road, London, Greater London NW10 5LS	£9,808	52	2	Flat
£377K	11/23	0.1 mi	29b, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£430K	12/20	0.11 mi	Flat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA	-	-	2	Flat
£583.2K	05/21	0.11 mi	Ground Floor Flat, 55, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£684K	12/22	0.13 mi	58, Pember Road, London, Greater London NW10 5LU	-	-	2	Flat
£830K	11/20	0.15 mi	48, Oliphant Street, London, Greater London W10 4EG	£10,506	79	2	Flat
£600K	07/23	0.15 mi	Flat B, 13, Rainham Road, London, Greater London NW10 5DS	-	-	2	Flat
£600K	11/20	0.2 mi	61l, Fifth Avenue, London, Greater London W10 4DL	-	-	2	Flat
£625K	02/23	0.21 mi	97a, Kilburn Lane, London, Greater London W10 4AN	£10,246	61	2	Flat
£515K	10/23	0.22 mi	Ground Floor Flat At, 31, Mortimer Road, London, Greater London NW10 5QR	-	-	2	Flat
£482K	02/21	0.23 mi	123, Kilburn Lane, London, Greater London W10 4AN	£8,456	57	2	Flat
£547.5K	06/21	0.24 mi	95a, Kilburn Lane, London, Greater London W10 4AN	£9,747	56	2	Flat
£240K	11/20	0.25 mi	54, Mortimer Road, London, Greater London NW10 5QN	£3,230	74	2	Flat
£610K	06/23	0.26 mi	First Floor Flat, 225, Harvist Road, London, Greater London NW6 6HE	£9,456	65	2	Flat
£570K	06/21	0.29 mi	143, Mortimer Road, London, Greater London NW10 5TN	£9,564	60	2	Flat
£600K	01/23	0.29 mi	73b, Mortimer Road, London, Greater London NW10 5TN	-	-	2	Flat
£740K	02/21	0.29 mi	Lower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY	-	-	2	Flat
£750K	05/23	0.29 mi	Lower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY	-	-	2	Flat
£775K	11/23	0.3 mi	83, Marne Street, London, Greater London W10 4JF	£12,500	62	2	Flat
£670K	06/21	0.31 mi	Ground Floor Flat, 43, Burrows Road, London, Greater London NW10 5SL	£11,754	57	2	Flat
£720K	04/23	0.31 mi	43a, Burrows Road, London, Greater London NW10 5SL	-	-	2	Flat
£620K	03/23	0.31 mi	29a, Burrows Road, London, Greater London NW10 5SL	-	-	2	Flat
£540K	10/23	0.31 mi	140b, Mortimer Road, London, Greater London NW10 5SN	-	-	2	Flat
£500K	09/21	0.33 mi	201a, Kilburn Lane, London, Greater London W10 4AX	£9,434	53	2	Flat
£515K	03/21	0.33 mi	175, Kilburn Lane, London, Greater London W10 4AX	£6,776	76	2	Flat
£590K	06/23	0.33 mi	169b, Harvist Road, London, Greater London NW6 6HB	-	-	2	Flat
£805K	01/21	0.36 mi	First Floor Flat, 30, Harvist Road, London, Greater London NW6 6SH	£10,455	77	2	Flat
£640K	09/21	0.36 mi	94a, Ashburnham Road, London, Greater London NW10 5SE	-	-	2	Flat
£780.5K	05/21	0.37 mi	Ground Floor Flat, 56, Keslake Road, London, Greater London NW6 6DG	£12,389	63	2	Flat
£710K	05/21	0.37 mi	Ground Floor Flat, 6, Burrows Road, London, Greater London NW10 5SG	£12,456	57	2	Flat
£621.5K	08/23	0.37 mi	61a, Burrows Road, London, Greater London NW10 5SJ	-	-	2	Flat
£690K	01/24	0.37 mi	103, Ground Floor Flat, Burrows Road, London, Greater London NW10 5SJ	£7,753	89	2	Flat
£725K	05/23	0.41 mi	Flat B, 115, Purves Road, London, Greater London NW10 5TH	£17,262	42	2	Flat
£607K	12/21	0.41 mi	141a, Purves Road, London, Greater London NW10 5TH	-	-	2	Flat
£522.5K	08/21	0.41 mi	37b, Ashburnham Road, London, Greater London NW10 5SB	-	-	2	Flat
£530K	06/21	0.45 mi	227, Kilburn Lane, London, Greater London W10 4BQ	£9,138	58	2	Flat
£1.6M	01/21	0.45 mi	119, Harvist Road, London, Greater London NW6 6HA	-	-	2	Flat
£400K	06/21	0.46 mi	Flat 26, James House, Appleford Road, London, Greater London W10 5GF	-	-	2	Flat
£575K	02/23	0.46 mi	Ground Floor Flat, 64, Clifford Gardens, London, Greater London NW10 5JD	£10,849	53	2	Flat
£848.1K	09/23	0.46 mi	Ground Floor Flat, 18, Creighton Road, London, Greater London NW6 6ED	£11,015	77	2	Flat
£650K	11/20	0.47 mi	125a, Clifford Gardens, London, Greater London NW10 5JG	-	-	2	Flat
£490K	01/21	0.48 mi	Flat 2, Gadsden House, Hazlewood Crescent, London, Greater London W10 5DX	£7,903	62	2	Flat
£512.5K	06/21	0.51 mi	12a, Mozart Street, London, Greater London W10 4LA	-	-	2	Flat
£520K	03/21	0.51 mi	100a, Purves Road, London, Greater London NW10 5TB	-	-	2	Flat
£672K	12/20	0.52 mi	132a, Chamberlayne Road, London, Greater London NW10 3JR	-	-	2	Flat
£695K	06/21	0.54 mi	20, Oakworth Road, London, Greater London W10 6DQ	£9,026	77	2	Flat
£610K	03/21	0.54 mi	67a, Bravington Road, London, Greater London W9 3AA	-	-	2	Flat
£315K	05/21	0.54 mi	Third Floor Flat, 75, Bravington Road, London, Greater London W9 3AA	-	-	2	Flat
£900K	01/21	0.55 mi	54a, Wrentham Avenue, London, Greater London NW10 3HG	£11,401	79	2	Flat

Local Rents

50 rents from £1.9K/mo to £3.5K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	06/24	0.01 mi	Wellington Road, Kensal Green, London, NW10	2	Flat
£3,000	08/24	0.03 mi	Harrow Road, London, NW10	2	Semi-Detached House
£1,998	10/24	0.05 mi	Kilburn Lane, North Kensington	2	Flat
£2,200	06/24	0.08 mi	-	2	Flat
£1,998	06/24	0.08 mi	Warfield Road, Kensal Green	2	Flat
£2,199	11/24	0.12 mi	-	2	Flat
£3,100	02/25	0.12 mi	-	2	Terraced House
£2,496	10/24	0.16 mi	Banister Road, Kensal Rise	2	Flat
£3,500	10/24	0.16 mi	-	2	Flat
£3,400	12/24	0.16 mi	-	2	Flat
£2,650	04/25	0.16 mi	-	2	Flat
£1,995	12/24	0.16 mi	-	2	Flat
£2,600	10/24	0.17 mi	-	2	Flat
£2,200	11/24	0.17 mi	-	2	Flat
£2,300	09/24	0.17 mi	Bayford Road, London, NW10	2	Flat
£2,492	07/24	0.17 mi	-	2	Flat
£2,492	07/24	0.17 mi	Rainham Road, London, NW10	2	Flat
£2,058	06/24	0.17 mi	Bayford Road, Ladbroke Grove, London, NW10	2	Flat
£2,250	03/25	0.18 mi	-	2	Flat
£3,250	10/24	0.19 mi	-	2	Flat
£2,995	10/24	0.19 mi	-	2	Flat
£2,800	12/24	0.19 mi	-	2	Flat
£2,200	04/25	0.19 mi	-	2	Flat
£2,195	04/25	0.19 mi	-	2	Flat
£2,250	12/24	0.2 mi	-	2	Flat
£2,158	01/25	0.2 mi	-	2	Flat
£2,300	02/25	0.2 mi	-	2	Flat
£2,100	06/24	0.21 mi	Wakeman Road, Kensal Green, London, NW10	2	Flat
£2,150	10/24	0.21 mi	-	2	Flat
£2,400	06/24	0.22 mi	-	2	Flat
£2,650	04/25	0.22 mi	-	2	Flat
£2,200	11/24	0.22 mi	-	2	Flat
£2,250	10/24	0.22 mi	Aston Mews, 103 Kilburn Lane, London, W10	2	Flat
£2,250	06/24	0.22 mi	Mortimer Road, London, NW10	2	Flat
£2,375	03/24	0.23 mi	Mortimer Road, Kensal Rise, London, NW10	2	Flat
£2,150	07/24	0.23 mi	Mortimer Road, Kensal Rise NW10	2	Flat
£1,950	10/24	0.23 mi	-	2	Flat
£2,150	06/24	0.23 mi	Mortimer Road, Kensal Rise, London	2	Flat
£2,500	10/24	0.23 mi	133 Kilburn Lane London W10	2	Flat
£2,492	06/24	0.24 mi	Wakeman Road, Kensal Rise	2	Flat
£2,400	04/25	0.24 mi	-	2	Flat
£2,200	10/24	0.24 mi	-	2	Flat
£2,350	04/25	0.24 mi	-	2	Flat
£3,000	10/24	0.24 mi	Fifth Avenue, London, W10	2	Flat
£1,998	08/24	0.25 mi	Mortimer Road, Kensal Rise	2	Flat
£3,000	10/24	0.25 mi	Oliphant Street, London, W10	2	Flat
£2,750	06/24	0.27 mi	Harvist Road, London, NW6	2	Flat
£2,500	10/24	0.27 mi	-	2	Flat
£2,700	10/24	0.27 mi	-	2	Flat
£2,000	06/24	0.28 mi	Chamberlayne Road, Kensal Rise, London, NW10	2	Flat

Local Area Statistics

Population in NW10	91,82091,820
Population in London	4,771,9214,771,921
Town centre distance	4.77 miles away4.77 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.36 miles away0.36 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+8%+8%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £650,000

February 4, 2025

Floor Plans

Description

Fantastic second floor apartment of over 880sq ft +
Two large double bedrooms +
Superb separate kitchen / diner fully fitted +
Amazing 23ft reception room with balcony +
Gated off street parking +
Double glazed windows +
Long lease +
Chain free +
Fantastic location +
Close to shops and transports +

Garrison Estates is delighted to introduce onto the market this fantastic apartment situated in the heart of Kensal Rise within this private gated development.

This great apartment offers plenty of living space and comprises a smart 23ft reception room, a lovely and bright separate kitchen / diner fully fitted with modern appliances, two double bedrooms and a contemporary three piece family bathroom.
You also have access to a good size balcony from the living room and one of the bedroom. The property also comes with a secured allocated parking space.

This lovely home also benefits double glazed windows throughout, wood flooring and carpet throughout, entry phone system, high ceilings and an abundance of natural light and storage space. Situated on the second floor of this modern three storey modern development, this great apartment would be a perfect home for first time buyers and buy-to-let investors.

The property is offered with a long lease and on a chain free basis.

Regent Street is located within the extremely popular Kilburn Lane, offers close proximity to the amazing green space of Queens Park and is within a short stroll to Ladbroke Grove, Portobello Road or a walk through the Grand Union Canal. You also have very convenient access to the City with transport links via the London Overground at Kensal Rise or the Bakerloo line at Kensal Green or Queens Park. There is an array of amenities on the fashionable Chamberlayne Road or close by on Salusbury Road. The property is very well positioned for a large selection of private and state schools located in the local areas of Notting Hill, North Kensington, St John's Wood and Hampstead.

TENURE:
Lease: 110 years remaining
Ground Rent: 250pa
Ground Rent review period: TBC
Service Charge: £3,727pa (includes Building Insurance)
Service Charge review period: April 2025
Borough: Brent Council
Council Tax: Band D - £2,036pa
EPC rating: TBC

Agent Details

Garrison Estates, London

020 3910 6752

Next Steps?

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

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