2 Bed Flat, Single Let, London, NW2 4BL, £575,000

90 Walm Lane, London, NW2 4QY - 2 months ago

BTL
~69 m²
+7 photos

ValuationUndervalued

Sold Prices£260K - £880K
Sold Prices/m²£4.4K/m² - £18.7K/m²

 

 

Square Metres

~69.10 m²
Price/m²£8.3K/m²

Value Estimate

£614,577
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£46,200

Total Cash In

£189,950

 

 

Cash Out

 

Rent Range

£1,500 - £5,178

Rent Estimate

£1,775

Running Costs/mo

£2,172

Cashflow/mo

£-397

Cashflow/yr

£-4,762

Gross Yield

4%

Local Sold Prices

50 sold prices from £260K to £880K, average is £562.5K. £4.4K/m² to £18.7K/m², average is £8.9K/m².

PriceDateDistanceAddressBeds 
£477.5K03/210.09 miFlat 12b, Exeter Mansions, Exeter Road, London, Greater London NW2 3UG2
£625K04/230.09 miFlat 10a, Exeter Mansions, Exeter Road, London, Greater London NW2 3UG2
£637.5K01/210.12 miFirst Floor Flat, 9, Exeter Road, London, Greater London NW2 4SJ2
£500K11/210.12 miFlat 10, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£565K06/210.12 miFlat 24, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£525K12/220.13 miFlat 19, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£260K06/210.14 miFirst Floor Studio Flat, 15, Mapesbury Road, London, Greater London NW2 4HX2
£875K11/230.14 miGarden Floor Flat, 45, Christchurch Avenue, London, Greater London NW6 7BB2
£745K11/230.16 mi40a, Christchurch Avenue, London, Greater London NW6 7BE2
£425K06/210.18 miFlat 32, Tarranbrae, Willesden Lane, London, Greater London NW6 7PN2
£388.5K08/210.21 miFlat 21, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2
£440K12/200.21 miFlat 27, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2
£685K02/210.22 miFlat 18, Christchurch Court, Willesden Lane, London, Greater London NW6 7XF2
£450K04/210.24 miFlat 34, Beechworth, Willesden Lane, London, Greater London NW6 7YZ2
£465K02/230.24 miFlat 24, Beechworth, Willesden Lane, London, Greater London NW6 7YZ2
£700K01/240.28 mi32a, Fordwych Road, London, Greater London NW2 3TG2
£275K03/210.3 miFlat 24, Kendal Court, Shoot Up Hill, London, Greater London NW2 3PD2
£450K03/230.3 miFlat 32, Kendal Court, Shoot Up Hill, London, Greater London NW2 3PD2
£575K06/210.3 mi55b, Fordwych Road, London, Greater London NW2 3TN2
£504K03/210.31 miFirst Floor Flat, 69, Fordwych Road, London, Greater London NW2 3TL2
£850K05/230.31 miFlat A, 103, Fordwych Road, London, Greater London NW2 3TL2
£740K02/230.31 miSecond And Third Floor Maisonette, 91, Fordwych Road, London, Greater London NW2 3TL2
£297K07/210.31 mi23b, Maygrove Road, London, Greater London NW6 2EE2
£442K09/230.31 miFlat 15, James Stewart House, Dyne Road, London, Greater London NW6 7XY2
£550K05/240.31 mi7, Second Floor Flat, Brondesbury Park, London, Greater London NW6 7BS2
£395K09/230.37 miFirst Floor Flat, 13, Iverson Road, London, Greater London NW6 2QT2
£670K03/230.38 miFlat C, 4, Dunster Gardens, London, Greater London NW6 7NH2
£720K09/210.38 miGround Floor Flat, 88, Maygrove Road, London, Greater London NW6 2ED2
£625K12/220.39 miSecond Floor Flat, 18, Minster Road, London, Greater London NW2 3RB2
£612K03/230.42 miSecond And Third Floor Flat, 20, Buckley Road, London, Greater London NW6 7NA2
£550K01/210.45 mi210c, Walm Lane, London, Greater London NW2 3BP2
£476.3K10/200.46 mi13a, Sarre Road, London, Greater London NW2 3SN2
£725K05/210.47 mi32a, Burton Road, London, Greater London NW6 7LW2
£880K02/210.49 mi207a, Chevening Road, London, Greater London NW6 6DT2
£440K09/230.52 miFlat 1, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£495K03/230.52 miFlat 20, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£725K10/210.52 miGround Floor Flat, 30, Douglas Road, London, Greater London NW6 7RP2
£845K08/230.53 mi42a, Kingsley Road, London, Greater London NW6 7RJ2
£735K06/230.54 miFlat 1, Tudor Mansions, Gondar Gardens, West Hampstead, London, Greater London NW6 1EY2
£560K06/210.54 mi66a, Minster Road, London, Greater London NW2 3RG2
£555K01/230.55 mi221, Fordwych Road, London, Greater London NW2 3NH2
£485K12/200.55 mi221, Fordwych Road, London, Greater London NW2 3NH2
£485K08/230.56 miFlat D, 145, Walm Lane, London, Greater London NW2 3AU2
£656K07/230.57 miFlat A, 194, Fordwych Road, London, Greater London NW2 3NX2
£560K11/230.57 miGround Floor Flat, 27, Gascony Avenue, London, Greater London NW6 4NB2
£725K08/230.58 mi10, Rutland Park Gardens, London, Greater London NW2 4RG2
£583K01/210.6 miGround Floor Flat, 20, Ebbsfleet Road, London, Greater London NW2 3NA2
£875K02/210.6 mi49a, Gondar Gardens, London, Greater London NW6 1EP2
£580K01/210.6 miFirst Floor Flat, 145, Sumatra Road, London, Greater London NW6 1PN2
£879K08/230.6 mi9a, Gladys Road, London, Greater London NW6 2PU2

Local Rents

49 rents from £1.5K/mo to £5.2K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,14506/240.04 miChatsworth Road, London2
£2,75006/240.05 miChatsworth Road, NW22
£2,16706/240.09 miDartmouth Road, Kilburn, NW22
£2,16606/240.09 miDartmouth Road, London, NW22
£2,23206/240.09 miDartmouth Road, Kilburn, NW22
£2,10008/240.1 mi-2
£2,10008/240.1 miMowbray Road, London, NW62
£2,40007/240.1 miDartmouth Road, London, NW22
£2,30008/240.1 mi-2
£2,34006/240.1 miDartmouth Road, Mapesbury Estate, London2
£2,45012/240.11 mi-2
£2,45011/240.11 mi-2
£2,30002/250.11 mi-2
£2,70007/240.11 miChristchurch Avenue, London NW62
£2,10006/240.11 mi-2
£1,95007/240.11 miMapesbury Road, London, NW22
£2,75009/240.11 miMapesbury Road, London, NW2 4JA2
£2,25008/240.13 miExeter Road, Mapesbury, NW22
£2,09707/240.13 miChristchurch Avenue, Kilburn NW62
£5,17806/240.13 mi-2
£2,45009/240.13 mi-2
£2,14506/240.13 miChristchurch Avenue, London, NW62
£2,30006/240.13 miChristchurch Avenue, Kilburn, NW62
£2,60006/240.13 miExeter Road, Kilburn2
£2,30004/250.13 mi-2
£1,69003/240.14 miChatsworth Road, London2
£2,40009/240.14 mi-2
£2,29709/240.14 miChatsworth Road, Brondesbury, NW22
£2,92506/240.15 miMowbray Road, Brondesbury Park, London, NW62
£1,75006/240.15 miMowbray Road Kilburn NW62
£2,29707/240.15 miMowbray Road, KILBURN nw62
£2,14507/240.15 miChristchurch Avenue, London, NW62
£1,50003/240.15 miChatsworth Road, London2
£1,99507/240.15 miWatling Gardens2
£2,95008/240.15 mi-2
£2,95008/240.15 miChristchurch Avenue, London, NW62
£1,85007/240.15 mi-2
£2,25001/250.16 mi-2
£2,10011/240.16 mi-2
£2,45007/240.16 mi-2
£2,27507/240.16 miJubilee Heights, Shoot Up Hill, Kilburn, NW22
£2,17503/250.16 mi-2
£2,75001/250.16 mi-2
£2,38307/240.16 miShoot Up Hill, London, NW22
£2,25007/240.16 miJubilee Heights, Kilburn2
£2,20004/250.17 mi-2
£2,14507/240.17 miMapesbury Road, Willesden2
£2,27506/240.18 miJubilee Heights, Shoot Up Hill, Kilburn, NW22
£2,00001/250.18 mi-2

Local Area Statistics

Population in NW2

67,393

Population in London

4,771,921

Town centre distance

4.59 miles away

Nearest school

0.20 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Price changed to £575,000

March 28, 2025

Listed for £600,000

February 6, 2025

Floor Plans

Description

  • Two Bedroom Flat With Communal Gardens +
  • Spanning Over 700sqft +
  • Two Double Bedrooms +
  • Two Bathrooms +
  • Massive Open Plan Living +
  • Top Floor Of A Victorian Building +
  • Juliet Balcony +
  • Moments From Kilburn Station +
  • Share Of Freehold +
  • Vacant Possession +

Spanning over 700sqft is a wonderful two bedroom property located on the top floor of a Victorian building just moments from Kilburn Station.

Chatsworth Road is a charming tree-lined residential street filled with beautiful architecture. Purchasers can expect to find an exceptional 31ft open plan kitchen-living-dining area which floods an abundance of natural light. There is a kitchen island and a Juliette balcony with gorgeous green views. To the front of the building are two large double rooms, and also two bathrooms.
There is the added benefit of communal gardens and this property is being sold with a share of the freehold.

This property is positioned a short walk from Kilburn Station (Jubilee) as well as the huge amount of shops and eateries available on the High Road. The ever-trendy Salusbury Road is a 0.6m walk and the wonderful green spaces of Queens Park & The Mapesbury Dell are also within walking distance. Creditors are selling this property and some information relating to the flat may not be known.

Key Information:

Rent is payable monthly.
Deposit = £2,596.00.
(based on a rental amount of £2,250.00 pcm).
Furnishing = The property is offered furnished
Contract Length = Offered on a renewable 12 Month contract (although other options may be available by separate negotiation).
Parking = Residential permits for on-street parking are available from Brent Council (the cost for any permits will be payable by the tenant and should be established with the local authority)
Tenancy = Offered as a sole or joint Tenancy - if more than one Tenant, all named Tenants will be 'jointly and severally liable' for the terms and conditions of the Tenancy Agreement (including the total rent).
Maximum number of Tenants = 2 unless a single-family unit.
Minimum Household Earnings must show £67,500 per year (before tax).
(based on a rental amount of £2,250.00 pcm).
Holding Deposit = To secure the property, we will ask for a holding deposit before proposing an offer of rent to the Landlord.
The amount requested will be no more than one week's rent - in this case £519.00 (based on a rental price of £2,250 pcm). Any offer of tenancy will remain as subject to satisfactory references and the later ratification by contract. For clarity, all further marketing of the property will only cease upon agreement of an offer.
Pets will be considered on a case-by-case basis so please discuss any requirement for permission to keep a pet, before making an offer to rent this property.
Local Authority – Brent.
Council Tax Band - Band E, showing as £2,488.51 per year, for the year 2024/5.
(PLEASE NOTE: This figure has been taken from the Brent Council website and should be confirmed by any potential applicant before making an offer).
Electricity = the existing supply of electric is provided by way of a metered contract
Gas = the existing supply of gas is provided by way of a metered contract
Water = the existing supply of water is provided by way of water rates.
Heating = Heating is provided by a central gas boiler
Hot Water = Hot water is provided by a central gas boiler
Sewerage = The property is connected to mains drainage and sewerage.
Broadband = The broadband provision will be the sole responsibility of the tenant. Further information on broadband availability can be found at
Mobile Signal = There are no known limitations on the availability or strength of signal in the area, but further information on mobile availability can be found at
Other = There are no known local planning applications or limitations on the availability of insurance that might affect the property in the immediate future.

Agent Details

Portland Estate Agents, London

020 3907 3546

Next Steps?

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