2 Bed Flat, Single Let, London, NW9 7AG, £450,000

Shearwater Drive, West Hendon, London, NW9 7AG - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£147.9K - £455K
Sold Prices/m²£4.6K/m² - £8.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£422,540

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,907 - £3,467

Rent Estimate

£2,000

Running Costs/mo

£1,826

Cashflow/mo

£174

Cashflow/yr

£2,085

ROI

2%

Gross Yield

5%

Local Sold Prices

33 sold prices from £147.9K to £455K, average is £345K. £4.6K/m² to £8.3K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£218K12/200.15 miFirst Floor Flat, 196a, West Hendon Broadway, London, Greater London NW9 7EE2
£345K06/210.27 mi13a, Dallas Road, London, Greater London NW4 3JB2
£370K09/230.27 mi53a, Dallas Road, London, Greater London NW4 3JB2
£372.5K01/240.31 mi45a, Algernon Road, London, Greater London NW4 3SY2
£360K01/210.44 mi35, Malcolm Crescent, London, Greater London NW4 4PL2
£347K12/220.44 mi26, Malcolm Crescent, London, Greater London NW4 4PL2
£455K06/210.52 mi7, Fryent Grove, London, Greater London NW9 7HE2
£400K04/210.64 mi159b, Park Road, London, Greater London NW4 3TH2
£416K12/220.67 mi140, Park Road, London, Greater London NW4 3TL2
£325K01/210.7 mi47, Edgeworth Close, London, Greater London NW4 4HN2
£260K09/230.7 miFlat 11, Kennyland Court, Hendon Way, London, Greater London NW4 3LU2
£147.9K11/210.72 miFlat 18, Rushgrove Court, Rushgrove Avenue, London, Greater London NW9 6RH2
£297K11/200.74 mi60, Edgeworth Close, London, Greater London NW4 4HN2
£330K12/220.74 miFlat 30, Park Mansions, Vivian Avenue, London, Greater London NW4 3UU2
£345K08/230.74 mi224a, Hendon Way, London, Greater London NW4 3NE2
£340K12/220.76 miFlat 54, Parade Mansions, Watford Way, London, Greater London NW4 3JJ2
£385K11/220.77 mi31a, Doreen Avenue, London, Greater London NW9 7NX2
£378.5K03/230.83 mi96, Coles Green Road, London, Greater London NW2 7ES2
£335K11/200.85 miGround Floor Flat, 61, Burgess Avenue, London, Greater London NW9 8TX2
£325K09/210.9 mi140a, Tanfield Avenue, London, Greater London NW2 7RR2
£207.6K10/210.91 miFlat 15a, Lyne Court, Meadowbank Road, London, Greater London NW9 8LQ2
£350K03/210.92 miFlat 17, Lyne Court, Meadowbank Road, London, Greater London NW9 8LQ2
£335K06/210.94 mi9a, Selborne Gardens, London, Greater London NW4 4SH2
£435K12/220.94 mi79a, Vincent Gardens, London, Greater London NW2 7RH2
£360K06/230.94 mi2a, Leith Close, London, Greater London NW9 8DE2
£345K08/230.94 mi6a, Leith Close, London, Greater London NW9 8DE2
£400K06/210.95 mi30, Wells Drive, London, Greater London NW9 8DG2
£295K06/210.97 mi130, Braemar Avenue, London, Greater London NW10 0DP2
£370K06/230.99 mi32 Code Court, Flowers Close, London, Greater London NW2 7FG2
£305K04/230.99 mi16, Harp Island Close, London, Greater London NW10 0DF2
£400K03/231 mi72a, Randall Avenue, London, Greater London NW2 7ST2
£320K03/211 miFlat 5, Campbell Court, Church Lane, London, Greater London NW9 8AA2
£291K12/201 miFlat 1, Campbell Court, Church Lane, London, Greater London NW9 8AA2

Local Rents

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

RentDateDistanceAddressBeds 
£2,25003/250 mi-2
£2,10007/240 miShearwater Drive, London2
£2,19707/240.01 miNuthatch Apartments, 16 Shearwater Drive, London2
£2,30008/240.01 miNuthatch Apartments, Shearwater Drive, NW92
£2,07507/240.01 miRosefinch Apartments, London NW92
£2,10006/240.02 miShearwater Drive, LONDON2
£2,07506/240.03 miShearwater Drive, West Hendon, London2
£2,65012/240.03 mi-2
£2,10006/240.03 miShearwater Drive, London2
£2,30006/240.03 mi-2
£2,30006/240.03 mi-2
£2,30006/240.03 miRosefinch Apartments, London, NW92
£2,50012/230.03 miRosefinch Apartments, 7 Shearwater Drive, London, NW9 7FX2
£2,00006/240.03 miShearwater Drive, Hendon, London, NW92
£2,39506/240.03 miShearwater Drive, London, NW92
£2,25006/240.03 miHendon Riverside, West Hendon, NW92
£2,29706/240.03 miRosefinch Apartments, Hendon Waterside, Hendon NW92
£2,10007/240.03 miShearwater Drive, London, NW92
£2,15007/240.03 miShearwater Drive, London, NW92
£2,10007/240.03 miShearwater Drive, London, NW92
£2,00007/240.04 miMeadowlark House, Moorhen Drive, West Hendon, NW42
£1,90704/250.04 mi-2
£2,15011/240.04 mi-2
£2,50007/240.06 miShearwater Drive, London, NW92
£2,40008/240.06 miShearwater Drive, London, NW92
£2,40001/250.06 mi-2
£2,20010/240.06 mi-2
£2,20002/250.07 mi-2
£3,46706/240.07 miHendon Waterside, Hendon, London, NW92
£2,40007/240.07 miMoorhen Drive, Hendon, London, NW92
£2,30007/240.07 miMoorhen Drive, Hendon, London, NW92
£2,40008/240.07 miMoorhen Drive, Hendon, London, NW92
£2,20008/240.07 miHendon Waterside, Hendon, London, NW92
£2,20006/240.1 mi-2
£2,10006/240.1 mi-2
£2,30002/250.1 mi-2
£2,40004/250.1 mi-2
£2,20006/240.1 mi-2
£2,20006/240.1 mi-2
£2,20006/240.1 mi-2
£2,10007/240.1 mi-2
£2,30009/240.1 mi-2
£2,30010/240.1 mi-2
£2,10004/250.1 mi-2
£2,10006/240.1 miHawfinch House, 1 Moorhen Drive, Hendon, Waterside, NW92
£2,27507/240.1 miHawfinch House, Hendon, London, NW92
£2,30004/250.1 mi-2
£2,40003/250.1 mi-2
£2,35003/250.1 mi-2

Local Area Statistics

Population in NW9

59,320

Population in London

4,771,921

Town centre distance

6.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Buyer's market

Capital growth (5yrs)

+11%

Property History

Listed for £450,000

February 6, 2025

Floor Plans

Description

  • Chain Free +
  • 689 sq ft +
  • 2 Double Bedrooms +
  • 2 Bathrooms (1 x ensuite) +
  • Open Plan Kitchen & Lounge +
  • Balcony +
  • Lift & Allocated Space in Underground Parking +
  • Long Lease - 155 years remaining +
  • Excellent Transport Links & Local Amenities +
  • Barnet Council Tax Band D +

CHAIN FREE This charming purpose-built flat located in the desirable area of Hendon Waterside, West Hendon. This delightful property boasts a generous 689 square feet of living space, making it an ideal choice for individuals or small families seeking comfort and convenience.

The flat features two well-proportioned bedrooms, with two modern bathrooms (1 x ensuite) and the spacious reception room offers a welcoming atmosphere, perfect for entertaining guests or enjoying quiet evenings at home.

One of the standout features of this property is the lovely balcony, taking in the views of the surrounding area. Additionally, the block has a passenger lift and the flat comes with an allocated space in the underground parking, ensuring that your vehicle is secure and easily accessible.

Situated in the sought-after Hendon Waterside development, this property is chain-free, allowing for a smooth and efficient purchase process. The location offers excellent transport links and local amenities, making it a convenient base for both work and leisure.

This flat is a wonderful opportunity for those looking to settle in a vibrant community while enjoying the comforts of modern living. Don’t miss your chance to make this delightful property your new home.

Book a viewing today with Squires Estates.

Leasehold - 155 years remaining
Ground Rent: £350 per annum
Service Charge: £2400 per annum
Barnet Council Tax Band D

Agent Details

Squires Estates, Hendon

020 3889 9107

Next Steps?

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