2 Bed Flat, Single Let, London, NW7 3AZ, £539,950

Grenville Place, Mill Hill, NW7 3AZ - 2 views - 2 months ago

Leasehold

BTL

~68 m²

+9 photos

ValuationOvervalued

Sold Prices	£180K - £675K
Sold Prices/m²	£3K/m² - £9K/m²

Square Metres	~68.11 m²
Price/m²	£7.9K/m²
Value Estimate	£362,653£362,653

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£134,988£134,988
Stamp Duty & Legal Fees	£31,896£31,896
Total Cash In	£166,884£166,884

Cash Out
Rent Range	£1,450 - £3,650£1,450 - £3,650
Rent Estimate	£1,606
Running Costs/mo	£2,029£2,029
Cashflow/mo	£-423£-423
Cashflow/yr	£-5,071£-5,071
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £180K to £675K, average is £350K. £3K/m² to £9K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£365K	09/22	0.05 mi	Flat 6, Grosvenor Court, Hale Lane, London, Greater London NW7 3RY	-	-	2	Flat
£370K	06/21	0.05 mi	17, Belgrave Close, London, Greater London NW7 3QG	£6,549	57	2	Flat
£180K	06/21	0.12 mi	133a, Hale Lane, Edgware, Greater London HA8 9QP	£3,462	52	2	Flat
£675K	03/21	0.24 mi	23, Hale Grove Gardens, London, Greater London NW7 3LR	£6,193	109	2	Flat
£245K	03/21	0.24 mi	66, Hale Drive, London, Greater London NW7 3ED	-	-	2	Flat
£355K	10/20	0.24 mi	175, Hale Lane, Edgware, Greater London HA8 9QN	£5,071	70	2	Flat
£554K	12/20	0.29 mi	4, Meridian Close, London, Greater London NW7 3TA	£5,276	105	2	Flat
£530K	11/21	0.3 mi	167, Hale Drive, London, Greater London NW7 3EH	£9,009	59	2	Flat
£382K	01/21	0.36 mi	10a, Langley Park, London, Greater London NW7 2AA	£6,714	57	2	Flat
£250K	05/21	0.45 mi	176, Deansbrook Road, Edgware, Greater London HA8 9DL	-	-	2	Flat
£320K	05/21	0.48 mi	Flat 40, Northway Court, Green Avenue, London, Greater London NW7 4PY	-	-	2	Flat
£250K	01/23	0.5 mi	Flat 8, Greendale, Green Avenue, London, Greater London NW7 4QA	-	-	2	Flat
£289.5K	06/21	0.53 mi	Flat 6, Greendale, Green Avenue, London, Greater London NW7 4QA	-	-	2	Flat
£410K	04/21	0.54 mi	26, Priory Field Drive, Edgware, Greater London HA8 9PU	-	-	2	Flat
£400K	01/21	0.54 mi	18, Priory Field Drive, Edgware, Greater London HA8 9PU	£5,063	79	2	Flat
£470K	06/21	0.55 mi	85a, The Broadway, London, Greater London NW7 3TG	£4,653	101	2	Flat
£568.5K	11/23	0.57 mi	5, Woodland Way, London, Greater London NW7 2JP	£7,383	77	2	Flat
£340K	01/23	0.58 mi	Flat 10, Dean Court, Brook Avenue, Edgware, Greater London HA8 9XB	-	-	2	Flat
£318.2K	08/21	0.58 mi	Flat 1, Dean Court, Brook Avenue, Edgware, Greater London HA8 9XB	-	-	2	Flat
£285K	06/21	0.6 mi	303, Watling Avenue, Edgware, Greater London HA8 0ND	£5,377	53	2	Flat
£275.5K	10/21	0.6 mi	293, Watling Avenue, Edgware, Greater London HA8 0ND	£4,373	63	2	Flat
£340K	12/20	0.61 mi	3, Storksmead Road, Edgware, Greater London HA8 0JW	£4,146	82	2	Flat
£600K	02/21	0.65 mi	10, Brook Avenue, Edgware, Greater London HA8 9XF	-	-	2	Flat
£343.5K	12/20	0.67 mi	36, Westmere Drive, London, Greater London NW7 3HE	£5,367	64	2	Flat
£376K	06/23	0.67 mi	38, Westmere Drive, London, Greater London NW7 3HE	-	-	2	Flat
£347K	03/21	0.67 mi	30, Westmere Drive, London, Greater London NW7 3HE	£5,881	59	2	Flat
£350K	01/21	0.69 mi	Flat 8, Milldene, Daws Lane, London, Greater London NW7 4SN	-	-	2	Flat
£388K	07/23	0.7 mi	52, Fairfield Crescent, Edgware, Greater London HA8 9AH	£6,707	58	2	Flat
£365K	09/23	0.7 mi	4, Harcourt Avenue, Edgware, Greater London HA8 8YN	£5,530	66	2	Flat
£347K	06/21	0.71 mi	47, Westmere Drive, London, Greater London NW7 3HG	-	-	2	Flat
£340K	04/21	0.71 mi	37, Westmere Drive, London, Greater London NW7 3HG	£5,152	66	2	Flat
£387K	03/23	0.71 mi	13, Westmere Drive, London, Greater London NW7 3HG	£6,047	64	2	Flat
£345K	12/22	0.71 mi	11, Westmere Drive, London, Greater London NW7 3HG	£5,074	68	2	Flat
£325K	12/22	0.72 mi	36, Colchester Road, Edgware, Greater London HA8 0RA	£5,804	56	2	Flat
£335K	12/20	0.72 mi	Flat 1, Milldene, Daws Lane, London, Greater London NW7 4SN	-	-	2	Flat
£335K	12/20	0.72 mi	Flat 1, Milldene, Daws Lane, London, Greater London NW7 4SN	-	-	2	Flat
£350K	01/21	0.72 mi	Flat 8, Milldene, Daws Lane, London, Greater London NW7 4SN	-	-	2	Flat
£356.3K	06/21	0.72 mi	Flat 1, Milldene, Daws Lane, London, Greater London NW7 4SN	-	-	2	Flat
£200K	09/21	0.72 mi	9, North Dene, London, Greater London NW7 3AT	£2,994	67	2	Flat
£325K	03/21	0.73 mi	24, Laleham Avenue, London, Greater London NW7 3HL	£4,779	68	2	Flat
£375K	12/22	0.74 mi	56, Laleham Avenue, London, Greater London NW7 3HL	£5,282	71	2	Flat
£380K	03/23	0.74 mi	3, Drive Court, Edgware, Greater London HA8 8PP	£5,846	65	2	Flat
£355K	03/21	0.75 mi	53, Laleham Avenue, London, Greater London NW7 3HN	-	-	2	Flat
£350K	06/21	0.76 mi	39, Laleham Avenue, London, Greater London NW7 3HN	£5,556	63	2	Flat
£312.5K	02/21	0.77 mi	58, Fernside Avenue, London, Greater London NW7 3AR	£4,883	64	2	Flat
£197.1K	03/21	0.78 mi	Loft Space Above, 129, Station Road, Edgware, Greater London HA8 7JG	-	-	2	Flat
£340K	09/22	0.79 mi	118, The Fairway, London, Greater London NW7 3HR	£5,152	66	2	Flat
£350K	11/21	0.8 mi	15, Littlefield Road, Edgware, Greater London HA8 0TA	£4,321	81	2	Flat
£365K	02/23	0.8 mi	50, The Fairway, London, Greater London NW7 3HP	£6,083	60	2	Flat
£385K	11/22	0.81 mi	46, The Fairway, London, Greater London NW7 3HP	£8,953	43	2	Flat

Local Rents

55 rents from £1.4K/mo to £3.6K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,200	08/24	0 mi	Lofts Grenville Place, London, NW7	2	Flat
£3,200	10/24	0 mi	-	2	Flat
£1,850	03/25	0.02 mi	-	2	Flat
£1,900	06/24	0.03 mi	Grenville Place, London, NW7 3SF	2	Semi-Detached House
£1,900	07/24	0.03 mi	Grenville Place, London, NW7 3SF	2	Semi-Detached House
£3,200	03/24	0.04 mi	Grenville Place, NW7	2	Flat
£3,000	08/24	0.04 mi	Grenville Place, Mill Hill, London, NW7	2	Flat
£3,000	08/24	0.04 mi	Grenville Place, Mill Hill, London, NW7	2	Flat
£1,700	08/24	0.05 mi	Belgrave Close, Mill Hill, NW7	2	Flat
£1,500	02/24	0.06 mi	-	2	Flat
£1,500	02/24	0.06 mi	-	2	Flat
£1,500	02/24	0.06 mi	-	2	Flat
£1,600	10/24	0.06 mi	-	2	Flat
£1,850	07/24	0.12 mi	Sefton Avenue, Mill Hill, London, NW7	2	Flat
£1,850	08/24	0.12 mi	Sefton Avenue, Mill Hill, London, NW7	2	Flat
£1,750	09/24	0.17 mi	-	2	Flat
£1,825	06/24	0.18 mi	Linden Court, London, NW7	2	Flat
£3,650	02/25	0.2 mi	-	2	Flat
£1,700	04/24	0.2 mi	Hale Lane, Edgware, HA8	2	Flat
£1,800	10/24	0.24 mi	-	2	Flat
£2,000	01/25	0.32 mi	-	2	Flat
£1,712	07/24	0.32 mi	-	2	Flat
£1,800	12/24	0.32 mi	-	2	Terraced House
£1,850	02/25	0.33 mi	-	2	Flat
£1,850	02/25	0.33 mi	-	2	Flat
£1,700	02/25	0.33 mi	-	2	Flat
£1,750	12/24	0.33 mi	-	2	Flat
£2,000	06/24	0.36 mi	Langley Park, Mill Hill	2	Flat
£1,800	07/24	0.36 mi	Millway, London, NW7	2	Semi-Detached House
£2,300	10/24	0.37 mi	-	2	Flat
£2,000	08/24	0.37 mi	-	2	Flat
£1,800	09/24	0.37 mi	-	2	Flat
£1,750	02/25	0.38 mi	-	2	Flat
£1,750	12/24	0.38 mi	-	2	Flat
£1,800	06/24	0.39 mi	-	2	Flat
£1,875	07/24	0.4 mi	-	2	Flat
£2,300	09/24	0.41 mi	-	2	Flat
£1,900	02/24	0.42 mi	-	2	Flat
£1,450	06/24	0.43 mi	The Broadway, Mill Hill, NW7	2	Flat
£1,500	09/24	0.43 mi	Station Road, Mill Hill, NW7	2	Flat
£2,300	04/24	0.43 mi	Highview Avenue, Edgware, HA8	2	Bungalow
£1,700	06/24	0.43 mi	Watford Way, London, NW7	2	Flat
£2,300	09/24	0.44 mi	-	2	Flat
£1,998	07/24	0.45 mi	Marchant Close, Mill Hill, London, NW7	2	Flat
£1,998	08/24	0.45 mi	Marchant Close, Mill Hill, London, NW7	2	Flat
£1,950	04/24	0.46 mi	Deansbrook Road, Edgware, Middlesex, HA8	2	Terraced House
£1,850	06/24	0.46 mi	The Broadway, London, NW7	2	Flat
£1,850	08/24	0.46 mi	The Broadway, London, NW7	2	Flat
£1,999	04/24	0.46 mi	Edgware- with Parking	2	Flat
£2,000	02/24	0.48 mi	-	2	Flat
£2,000	02/24	0.48 mi	-	2	Flat
£2,000	02/25	0.48 mi	-	2	Flat
£2,200	04/25	0.48 mi	-	2	Terraced House
£1,650	09/24	0.51 mi	-	2	Flat
£2,000	06/24	0.51 mi	Murray House, London, NW7	2	Flat

Local Area Statistics

Population in NW7	25,13125,131
Population in London	4,771,9214,771,921
Town centre distance	8.90 miles away8.90 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+5%+5%

Property History

Listed for £539,950

February 13, 2025

Floor Plans

Description

LOFT STYLE APARTMENT +
GROUND FLOOR +
TWO DOUBLE BEDROOMS +
LONG LEASE +
TWO BATHROOMS (ONE EN SUITE) +
HIGH CEILINGS +
ENTRYPHONE SYSTEM +
CLOSE TO LOCAL AMENETIES +
SECURE ALLOCATED GATED PARKING +
33FT KITCHEN / RECEPTION ROOM +

A stunning Two double Bedroom, Two Bathroom, (one en-suite) Manhattan loft style apartment situated on the ground floor of the sought after Lofts development.

Featuring exposed brick and incredible ceiling height (approximately 12ft) with oversized windows. Benefits include an open plan Kitchen/Living/Dining Room, Principal Bedroom with en-suite Bathroom, 2nd double Bedroom and family Bathroom.

The property further benefits from a lift and allocated off street parking behind electric gates, underfloor heating, Miele appliances and a long lease..

The Loft Apartments is superbly located for shopping and transport facilities (Thameslink) of Mill Hill Broadway.

Council tax band F

Sole Agent

Agent Details

Richard James, Mill Hill

020 3837 8149

Next Steps?

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

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2 Bed Flat, Single Let, London, NW7 3AZ, £539,950

ValuationOvervalued

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?

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Cashflows

Local Sold Prices

Local Rents