2 Bed Terraced House, Single Let, London, NW2 7BF, £400,000

221 Flowers Close, London, NW2 7BF - 2 months ago

Leasehold

BTL

ROI: 1%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£320K - £1.1M
Sold Prices/m²	£5K/m² - £9.7K/m²

Square Metres	~68.11 m²
Price/m²	£5.9K/m²
Value Estimate	£458,748£458,748
BMV	15%

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	£1,650 - £3,500£1,650 - £3,500
Rent Estimate	£1,697
Running Costs/mo	£1,609£1,609
Cashflow/mo	£88£88
Cashflow/yr	£1,051£1,051
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

20 sold prices from £320K to £1.1M, average is £480K. £5K/m² to £9.7K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£445K	06/23	0.22 mi	11, Woodbridge Close, London, Greater London NW2 6YN	-	-	2	Terraced House
£335.2K	02/23	0.31 mi	144, Dollis Hill Avenue, London, Greater London NW2 6RF	-	-	2	Semi-Detached House
£480K	12/20	0.32 mi	7, Applewood Close, London, Greater London NW2 6YJ	£6,234	77	2	Terraced House
£550K	12/23	0.53 mi	17a, Bermans Way, London, Greater London NW10 1RY	£7,534	73	2	Bungalow
£590K	05/23	0.76 mi	27, Gay Close, London, Greater London NW2 4PR	£9,672	61	2	Terraced House
£320K	01/23	0.78 mi	117a, Braemar Avenue, London, Greater London NW10 0DT	£5,079	63	2	Terraced House
£549K	10/22	0.79 mi	166b, Chapter Road, London, Greater London NW2 5NA	-	-	2	Terraced House
£1.1M	12/21	0.85 mi	153, Anson Road, London, Greater London NW2 4AL	-	-	2	Detached House
£450K	01/24	0.88 mi	15, Verney Street, London, Greater London NW10 0AY	£6,000	75	2	Terraced House
£450K	11/23	0.91 mi	39b, Chaplin Road, London, Greater London NW2 5PP	-	-	2	Terraced House
£625K	02/21	0.92 mi	21, Midland Terrace, London, Greater London NW2 6QH	£8,446	74	2	Semi-Detached House
£475K	09/23	0.92 mi	26, Brent Terrace, London, Greater London NW2 1BX	£5,864	81	2	Terraced House
£480K	07/23	0.92 mi	79, Birchen Grove, London, Greater London NW9 8RY	-	-	2	Semi-Detached House
£550K	12/21	0.95 mi	39, Needham Terrace, London, Greater London NW2 6QL	£7,237	76	2	Detached House
£838K	10/23	0.95 mi	8, Chaplin Road, London, Greater London NW2 5PN	£7,629	110	2	Terraced House
£465.5K	04/23	0.96 mi	13, Clitterhouse Crescent, London, Greater London NW2 1DE	-	-	2	Terraced House
£585K	11/22	0.97 mi	12, Marley Walk, London, Greater London NW2 4PX	£7,349	80	2	Terraced House
£580K	10/22	0.97 mi	10, Glenwood Avenue, London, Greater London NW9 7PJ	-	-	2	Detached House
£370K	02/21	0.98 mi	29, Riverside, London, Greater London NW4 3TU	£5,000	74	2	Semi-Detached House
£385K	03/21	0.98 mi	Flat 34, Ashford Court, Ashford Road, London, Greater London NW2 6BW	£5,746	67	2	Terraced House

Local Rents

49 rents from £1.6K/mo to £3.5K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	01/25	0.03 mi	-	2	Flat
£2,200	07/24	0.03 mi	-	2	Flat
£1,898	06/24	0.05 mi	Brook Road, Dollis Hill NW2	2	Flat
£2,000	07/24	0.08 mi	-	2	Flat
£2,000	11/24	0.08 mi	-	2	Flat
£1,950	06/24	0.13 mi	Dollis Hill, London, NW2	2	Flat
£1,950	06/24	0.13 mi	-	2	Flat
£1,750	10/24	0.14 mi	-	2	Flat
£1,999	12/24	0.14 mi	-	2	Flat
£1,999	01/25	0.14 mi	-	2	Flat
£1,750	09/24	0.14 mi	Westmeath House, London, NW2	2	Flat
£3,500	11/24	0.25 mi	-	2	Semi-Detached House
£2,000	11/24	0.26 mi	-	2	Flat
£2,000	01/25	0.26 mi	-	2	Flat
£1,650	08/24	0.26 mi	Tanfield Avenue, London, NW2	2	Flat
£1,800	06/24	0.26 mi	Comber Close, NW2	2	Flat
£2,000	01/25	0.28 mi	-	2	Flat
£1,900	03/25	0.28 mi	-	2	Flat
£2,000	07/24	0.33 mi	-	2	Flat
£2,000	06/24	0.33 mi	Park View Road, London, NW10	2	Flat
£1,950	08/24	0.35 mi	Dollis Hill Lane, London, NW2	2	Flat
£2,100	01/25	0.4 mi	-	2	Flat
£1,800	06/24	0.41 mi	Shepherds Walk, London	2	Flat
£2,200	06/24	0.42 mi	Campbell Gordon Way, London, NW2	2	Flat
£2,200	06/24	0.42 mi	-	2	Flat
£2,145	06/24	0.42 mi	Collins Building, 2 Wilkinson Close, London, NW2	2	Flat
£1,885	07/24	0.43 mi	Campbell Gordon Way, London, NW2	2	Flat
£2,500	03/25	0.45 mi	-	2	Flat
£1,715	06/24	0.45 mi	Delta Court, Coles Green Road	2	Flat
£1,675	06/24	0.45 mi	Delta Court, Coles Green Road	2	Flat
£2,300	12/24	0.45 mi	-	2	Flat
£2,000	01/25	0.46 mi	-	2	Flat
£1,700	07/24	0.47 mi	Avondale Avenue, LONDON	2	Terraced House
£2,000	08/24	0.47 mi	-	2	Flat
£2,200	02/25	0.48 mi	-	2	Flat
£1,700	03/24	0.48 mi	Cornmow Drive, Dollis Hill NW10	2	Flat
£1,850	08/24	0.48 mi	-	2	Bungalow
£1,850	08/24	0.48 mi	Dollis Hill, NW2	2	Bungalow
£1,950	12/24	0.49 mi	-	2	Flat
£1,746	07/24	0.5 mi	Dollis Hill Lane, Dollis Hill NW2	2	Flat
£2,250	07/24	0.53 mi	Mark Twain Drive, London, NW2	2	Flat
£1,750	06/24	0.55 mi	Berkeley Court, Neasden Lane, Neasden, NW10	2	Flat
£1,800	12/24	0.55 mi	-	2	Semi-Detached House
£2,200	03/25	0.57 mi	-	2	Flat
£1,950	06/24	0.58 mi	Birse Crescent, London, NW10	2	Flat
£2,400	03/25	0.58 mi	-	2	Flat
£2,600	03/25	0.58 mi	-	2	Flat
£2,600	03/25	0.58 mi	-	2	Flat
£2,480	04/25	0.58 mi	-	2	Flat

Local Area Statistics

Population in NW2	67,39367,393
Population in London	4,771,9214,771,921
Town centre distance	6.20 miles away6.20 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.69 miles away0.69 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £400,000

February 13, 2025

Floor Plans

Description

Secure Underground Parking +
No Upper Chain +
Immaculately Presented Throughout +
Two Double Bedrooms +
Two Bathrooms +
Balcony +
Communal Gardens +
0.8 Miles to Dollis Hill Underground Station +

An immaculately presented apartment located in Dollis Hill. The property comprises of two double bedrooms, two bathrooms, an open plan kitchen/living area and a private balcony. The property has the added benefits of secure gated parking and a communal roof terrace. Dollis Hill Underground Station is served by the Jubilee Line (Zone 3). To avoid disappointment, call now to arrange a viewing.

Agent Details

Daniels, Dollis Hill & Neasden

020 3909 3828

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed Flat, Single Let, London, NW2 7DW

£525,000

a month ago • 68 m²

2 Bed Flat, Single Let, London, NW2 7DW

£525,000

1 views • 6 months ago • 93 m²

3 Bed House, Single Let, London, NW2 7DY

£600,000

7 months ago • 83 m²

4 Bed House, Single Let, London, NW2 7DS

£795,000

5 months ago • 129 m²

2 Bed Terraced House, Single Let, London, NW2 7BF, £400,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

2 Bed Flat, Single Let, London, NW2 7DW

2 Bed Flat, Single Let, London, NW2 7DW

3 Bed House, Single Let, London, NW2 7DY

4 Bed House, Single Let, London, NW2 7DS

Cashflows

Local Sold Prices

Local Rents