2 Bed Flat, Single Let, W1G 8NN, £400,000

Wesley Court, Marylebone W1G 8NNG - 2 views - 2 months ago

Sold STC

Leasehold

BTL

ROI: 11%

~68 m²

+6 photos

ValuationUndervalued

Sold Prices	£387K - £2.6M
Sold Prices/m²	£7.9K/m² - £24.1K/m²

Square Metres	~68.11 m²
Price/m²	£5.9K/m²
Value Estimate	£480,000£480,000
BMV	20%

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	£2,950 - £12,458£2,950 - £12,458
Rent Estimate	£3,012
Running Costs/mo	£1,872£1,872
Cashflow/mo	£1,140£1,140
Cashflow/yr	£13,675£13,675
ROI	11%11%
Gross Yield	9%9%

Local Sold Prices

51 sold prices from £387K to £2.6M, average is £990K. £7.9K/m² to £24.1K/m², average is £17.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£940K	03/23	0.04 mi	Flat 12, Maybury Court, Marylebone Street, London, Greater London W1G 8JE	-	-	2	Flat
£1.2M	06/21	0.04 mi	Flat 15, Carisbrooke Court, Weymouth Street, London, Greater London W1G 8NZ	-	-	2	Flat
£2.6M	08/22	0.04 mi	2, Wheatley Street, London, Greater London W1G 8PS	£24,110	109	2	Flat
£1.9M	02/23	0.05 mi	17, De Walden Street, London, Greater London W1G 8RW	£20,526	95	2	Flat
£1.6M	02/23	0.06 mi	Flat C, Regis House, 49, Beaumont Street, London, Greater London W1G 6DN	£20,192	78	2	Flat
£1.7M	11/22	0.07 mi	2, De Walden Street, London, Greater London W1G 8RJ	£17,092	98	2	Flat
£1.3M	10/22	0.11 mi	Flat A, 99, Devonshire Mews South, London, Greater London W1G 6QR	£17,708	72	2	Flat
£2.4M	12/22	0.15 mi	21a, Harley Place, London, Greater London W1G 8LZ	£22,170	106	2	Flat
£1.6M	03/23	0.15 mi	Flat F, 30, Devonshire Place, London, Greater London W1G 6JH	£20,370	81	2	Flat
£730K	12/20	0.17 mi	Flat 2, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat
£960K	12/20	0.17 mi	Flat 8, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat
£957.5K	03/21	0.17 mi	Flat 12, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat
£1.5M	11/20	0.18 mi	41, Weymouth Mews, London, Greater London W1G 7EG	£16,304	92	2	Flat
£1.1M	09/21	0.19 mi	Flat 100, Wendover Court, Chiltern Street, London, Greater London W1U 7NY	-	-	2	Flat
£1.6M	04/24	0.19 mi	Wendover Court, Flat 100, Chiltern Street, London, Greater London W1U 7NY	£21,333	75	2	Flat
£1.1M	08/22	0.2 mi	Flat 32, Wendover Court, Chiltern Street, London, Greater London W1U 7NT	-	-	2	Flat
£805K	05/23	0.2 mi	Flat 2, Wendover Court, Chiltern Street, London, Greater London W1U 7NS	-	-	2	Flat
£1.2M	07/22	0.2 mi	Flat 27, St Andrews Mansions, Dorset Street, London, Greater London W1U 4EQ	-	-	2	Flat
£645K	10/23	0.25 mi	Flat 20, York Mansions, Chiltern Street, London, Greater London W1U 5AL	-	-	2	Flat
£850K	10/23	0.29 mi	Flat B, 12, Montagu Row, London, Greater London W1U 6ED	-	-	2	Flat
£1.8M	03/21	0.29 mi	68, Montagu Mansions, London, Greater London W1U 6LE	£10,261	175	2	Flat
£1.6M	06/21	0.29 mi	76, Montagu Mansions, London, Greater London W1U 6LE	£17,857	89	2	Flat
£1.3M	08/23	0.29 mi	51, Montagu Mansions, London, Greater London W1U 6LD	£16,211	81	2	Flat
£850K	06/22	0.31 mi	9, Montagu Mansions, London, Greater London W1U 6LB	£15,455	55	2	Flat
£610K	03/23	0.38 mi	Second Floor Flat, 14, Crawford Street, London, Greater London W1H 1BP	-	-	2	Flat
£570K	06/21	0.39 mi	Front Basement Flat, 11, Montagu Square, London, Greater London W1H 2LD	-	-	2	Flat
£1.2M	01/21	0.4 mi	15, Montagu Mews North, London, Greater London W1H 2JR	£14,390	82	2	Flat
£735K	06/21	0.4 mi	Flat 66, Dorset House, Gloucester Place, London, Greater London NW1 5AE	-	-	2	Flat
£1.2M	01/23	0.42 mi	Flat 36, Chalfont Court, Baker Street, London, Greater London NW1 5RS	-	-	2	Flat
£1.4M	09/23	0.42 mi	Flat B, 30, Upper Montagu Street, London, Greater London W1H 1RP	-	-	2	Flat
£1.4M	09/23	0.42 mi	Flat B, 30, Upper Montagu Street, London, Greater London W1H 1RP	-	-	2	Flat
£840K	07/22	0.42 mi	Flat 19, Cavendish Buildings, Gilbert Street, London, Greater London W1K 5HH	-	-	2	Flat
£1.6M	11/22	0.45 mi	20, Bryanston Mews East, London, Greater London W1H 2DB	£14,096	114	2	Flat
£685K	01/21	0.46 mi	Flat 189, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6AR	-	-	2	Flat
£645K	10/20	0.47 mi	Basement Flat, 22, Conway Street, London, Greater London W1T 6BF	-	-	2	Flat
£1.1M	06/21	0.52 mi	Flat 77, Clarewood Court, Crawford Street, London, Greater London W1H 2NW	-	-	2	Flat
£780K	02/23	0.52 mi	Flat 40, Clarewood Court, Seymour Place, London, Greater London W1H 2NL	-	-	2	Flat
£520K	02/21	0.52 mi	Flat 14, Princess Court, Bryanston Place, London, Greater London W1H 2DF	-	-	2	Flat
£1.1M	04/23	0.53 mi	Flat 7, Bryan Court, Seymour Place, London, Greater London W1H 2NE	-	-	2	Flat
£675K	10/23	0.54 mi	3, Linhope Street, London, Greater London NW1 6ES	£7,941	85	2	Flat
£425K	02/21	0.55 mi	Flat 29, Swallowfield, Munster Square, London, Greater London NW1 3PJ	-	-	2	Flat
£975K	06/21	0.55 mi	Flat 12, Sherwood Court, Seymour Place, London, Greater London W1H 5TH	-	-	2	Flat
£970K	06/23	0.55 mi	Flat 7, Sherwood Court, Seymour Place, London, Greater London W1H 5TH	-	-	2	Flat
£750K	11/22	0.55 mi	Flat 1, Harrowby Court, Harrowby Street, London, Greater London W1H 5FA	-	-	2	Flat
£1.0M	04/23	0.56 mi	71c, Albany Street, London, Greater London NW1 4BT	-	-	2	Flat
£1.3M	03/23	0.57 mi	15, Great Cumberland Mews, London, Greater London W1H 7DZ	-	-	2	Flat
£800K	10/23	0.57 mi	Flat 1, Cumberland Court, Great Cumberland Place, London, Greater London W1H 7DP	-	-	2	Flat
£990K	09/22	0.59 mi	First And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX	-	-	2	Flat
£387K	01/21	0.6 mi	Flat 44, Bucklebury, Stanhope Street, London, Greater London NW1 3LB	-	-	2	Flat
£395K	11/21	0.6 mi	Flat 35, Bucklebury, Stanhope Street, London, Greater London NW1 3LB	-	-	2	Flat
£507.5K	03/21	0.6 mi	First Floor Flat, 59, Balcombe Street, London, Greater London NW1 6HD	£15,379	33	2	Flat

Local Rents

50 rents from £3K/mo to £12.5K/mo, average is £4.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,950	12/24	0.01 mi	-	2	Flat
£3,250	10/24	0.01 mi	Wesley Court, Weymouth Street, London, W1G	2	Flat
£5,200	10/24	0.01 mi	59 Weymouth Street, London, W1G	2	Flat
£3,900	10/24	0.02 mi	Weymouth Street	2	Flat
£3,900	10/24	0.03 mi	Weymouth Street, Marylebone Village London W1	2	Flat
£3,250	10/24	0.03 mi	Maybury Court, London, W1G	2	Flat
£3,250	10/24	0.03 mi	-	2	Flat
£3,792	04/25	0.05 mi	-	2	Flat
£4,000	10/24	0.05 mi	-	2	Flat
£4,550	10/24	0.05 mi	-	2	Flat
£3,200	10/24	0.07 mi	-	2	Flat
£6,283	10/24	0.08 mi	New Cavendish Street, Marylebone, London, W1G	2	Flat
£3,500	10/24	0.08 mi	-	2	Flat
£4,117	10/24	0.09 mi	Wimpole Mews, Marylebone, London, W1G	2	Flat
£4,658	10/24	0.1 mi	New Cavendish Street, Marylebone, London, W1G	2	Flat
£7,367	10/24	0.1 mi	Devonshire Street, London, W1G	2	Flat
£5,850	10/24	0.1 mi	Devonshire Street, London, W1G	2	Flat
£4,000	02/24	0.1 mi	-	2	Flat
£7,367	10/24	0.1 mi	Devonshire Street, London, W1G	2	Flat
£3,467	10/24	0.1 mi	Ossington Buildings, Marylebone, London, W1U	2	Flat
£3,510	10/24	0.1 mi	Grotto Passage, London, W1U	2	Flat
£3,000	10/24	0.12 mi	-	2	Flat
£4,790	10/24	0.12 mi	Nottingham Place, London, W1U 5NB, UK	2	Flat
£4,333	10/24	0.13 mi	Nottingham Place, Marylebne, London, W1U	2	Flat
£4,117	10/24	0.13 mi	Cedar House, Marylebone, London, W1U	2	Flat
£4,117	10/24	0.15 mi	Nottingham Place, Marylebone, London, W1U	2	Flat
£3,033	10/24	0.15 mi	Luxborough Street, Marylebone, London, W1U	2	Flat
£4,312	10/24	0.16 mi	21 Nottingham Place, Marylebone, W1	2	Flat
£6,500	10/24	0.16 mi	Nottingham Place, London, W1U	2	Flat
£4,312	10/24	0.16 mi	Nottingham Place, Marylebone, London, W1U	2	Flat
£3,000	10/24	0.16 mi	-	2	Flat
£4,312	10/24	0.17 mi	Nottingham Place London W1U	2	Flat
£3,358	10/24	0.17 mi	Nottingham Place, Marylebone	2	Flat
£4,312	10/24	0.17 mi	Nottingham Place, London, W1U	2	Flat
£3,358	10/24	0.17 mi	Nottingham Place, Marylebone W1U	2	Flat
£4,312	10/24	0.17 mi	Nottingham Place, London, W1U	2	Flat
£3,358	10/24	0.17 mi	Nottingham Place, Marylebone	2	Flat
£4,225	10/24	0.17 mi	Nottingham Place, Marylebone, W1U	2	Flat
£4,312	10/24	0.17 mi	Nottingham Place, London, W1U	2	Flat
£4,312	10/24	0.17 mi	Nottingham Place, Marylebone, W1U	2	Flat
£4,312	10/24	0.17 mi	Nottingham Place, Marylebone, London, W1U	2	Flat
£6,000	01/25	0.17 mi	-	2	Flat
£4,550	10/24	0.17 mi	Devonshire Place, London, W1G	2	Flat
£5,800	10/24	0.18 mi	-	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Marylebone, London, W1G	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Marylebone, W1G	2	Flat
£3,315	10/24	0.19 mi	Chiltern Street, London, W1U	2	Flat
£12,458	10/24	0.19 mi	The Chilterns, Paddington Street, Marylebone, London, W1U	2	Flat
£3,683	10/24	0.19 mi	Weymouth Mews, London, W1G	2	Flat
£3,683	10/24	0.19 mi	Weymouth Mews, London, W1G	2	Flat

Local Area Statistics

Population in W1	29,38329,383
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.29 miles away0.29 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-46%-46%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-5%-5%

Property History

Listed for £400,000

February 10, 2025

Floor Plans

Description

Two Bedrooms: Spacious and well-lit +
Natural Light: The flat benefits from large windows ensuring ample natural light. +
Location: Situated in a popular block within Marylebone Village. +
Proximity: Close to Marylebone High Street, providing access to a variety of shops, restaurants, and amenities. +
Second Floor: Elevated position offering a quieter living environment. +
Outside Space: South Facing balcony. +

We are pleased to offer for sale this short-lease, two-bedroom flat, boasting excellent natural light throughout. Located on the second floor of a well-regarded purpose-built block in the heart of Marylebone Village, this property offers a prime location just a short distance from the vibrant Marylebone High Street.

Agent Details

Maskells Estate Agents Ltd, London

020 3909 6465

Next Steps?

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

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