2 Bed Flat, Single Let, London, W11 4HP, £585,000

Threshers Place, Notting Hill W11 4HP - 2 months ago

Leasehold

BTL

ROI: 2%

~68 m²

+6 photos

ValuationUndervalued

Sold Prices	£355K - £9.7M
Sold Prices/m²	£5K/m² - £32.1K/m²

Square Metres	~68.11 m²
Price/m²	£8.6K/m²
Value Estimate	£731,250£731,250
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£146,250£146,250
Stamp Duty & Legal Fees	£35,500£35,500
Total Cash In	£181,750£181,750

Cash Out
Rent Range	£2,250 - £23,833£2,250 - £23,833
Rent Estimate	£2,600
Running Costs/mo	£2,368£2,368
Cashflow/mo	£232£232
Cashflow/yr	£2,783£2,783
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £355K to £9.7M, average is £855K. £5K/m² to £32.1K/m², average is £13.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.6M	06/21	0.1 mi	Flat 11, Crescent Mansions, Elgin Crescent, London, Greater London W11 2JN	-	-	2	Flat
£700K	05/21	0.12 mi	129, Elgin Crescent, London, Greater London W11 2JH	£16,279	43	2	Flat
£398.5K	02/21	0.13 mi	432, Barandon Walk, London, Greater London W11 1WJ	£5,044	79	2	Flat
£395K	12/21	0.19 mi	313, Hurstway Walk, London, Greater London W11 1WD	£5,563	71	2	Flat
£410K	06/21	0.19 mi	Flat 40, Talbot Grove House, Lancaster West, London, Greater London W11 1SQ	-	-	2	Flat
£595K	03/21	0.22 mi	19, Wesley Square, London, Greater London W11 1TP	£13,523	44	2	Flat
£645K	12/23	0.22 mi	32, Wesley Square, London, Greater London W11 1TS	£10,574	61	2	Flat
£695K	02/23	0.26 mi	4, St Andrews Square, London, Greater London W11 1RH	-	-	2	Flat
£1.1M	03/21	0.28 mi	Basement Flat, 84, Ladbroke Grove, London, Greater London W11 2HE	-	-	2	Flat
£550K	11/20	0.28 mi	38, Hunt Close, London, Greater London W11 4JU	£8,333	66	2	Flat
£515K	03/23	0.28 mi	27, Hunt Close, London, Greater London W11 4JU	£10,098	51	2	Flat
£560K	01/23	0.28 mi	31, Hunt Close, London, Greater London W11 4JU	£8,485	66	2	Flat
£1.3M	06/21	0.29 mi	44a, Arundel Gardens, London, Greater London W11 2LB	£13,144	97	2	Flat
£355K	09/23	0.29 mi	Flat 60, Mortimer House, Queensdale Crescent, London, Greater London W11 4TQ	-	-	2	Flat
£3.3M	06/21	0.3 mi	182, Lancaster Road, London, Greater London W11 1QU	£16,565	196	2	Flat
£967.5K	07/23	0.3 mi	176c, Lancaster Road, London, Greater London W11 1QU	-	-	2	Flat
£1.2M	05/21	0.33 mi	23a, Ladbroke Gardens, London, Greater London W11 2PT	£13,953	86	2	Flat
£1.2M	09/21	0.35 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£1.2M	09/21	0.35 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£800K	03/21	0.36 mi	First Floor Flat, 93, Cambridge Gardens, London, Greater London W10 6JE	£14,545	55	2	Flat
£1.3M	05/23	0.38 mi	77a, St Marks Road, London, Greater London W10 6JT	£16,026	78	2	Flat
£935K	06/21	0.4 mi	Lower Ground Floor Flat, 30, Kensington Park Gardens, London, Greater London W11 2QS	£9,740	96	2	Flat
£730K	06/21	0.41 mi	6, St Anns Villas, London, Greater London W11 4RX	-	-	2	Flat
£830K	11/20	0.44 mi	60b, Oxford Gardens, London, Greater London W10 5UN	-	-	2	Flat
£1.7M	11/20	0.44 mi	First Floor Flat, 115, Ladbroke Road, London, Greater London W11 3PR	£14,690	113	2	Flat
£1.4M	12/20	0.45 mi	7a, Ladbroke Square, London, Greater London W11 3LX	£16,759	81	2	Flat
£830K	11/20	0.45 mi	60b, Oxford Gardens, London, Greater London W10 5UN	-	-	2	Flat
£855K	03/21	0.46 mi	35, St Helens Gardens, London, Greater London W10 6LN	-	-	2	Flat
£834K	01/23	0.47 mi	Ground Floor Flat West, 9, Bassett Road, London, Greater London W10 6LA	-	-	2	Flat
£1.1M	05/21	0.47 mi	14a, Ladbroke Square, London, Greater London W11 3NA	-	-	2	Flat
£1.6M	04/21	0.48 mi	59, Holland Park, London, Greater London W11 3SJ	£32,143	49	2	Flat
£9.7M	02/21	0.5 mi	24, Bassett Road, London, Greater London W10 6JJ	£18,173	531	2	Flat
£565K	06/21	0.5 mi	85, Holland Park, London, Greater London W11 3RZ	-	-	2	Flat
£1.1M	04/21	0.5 mi	Second Floor Flat D, 26, Holland Park Gardens, London, Greater London W14 8EA	-	-	2	Flat
£823K	10/20	0.5 mi	Part Of First Floor Flat, 22, Balliol Road, London, Greater London W10 6LX	-	-	2	Flat
£440K	02/21	0.5 mi	68, Chesterton Road, London, Greater London W10 6EP	-	-	2	Flat
£1.5M	08/21	0.51 mi	55, Lancaster Road, London, Greater London W11 1QJ	£14,522	102	2	Flat
£640K	12/22	0.52 mi	35a, St Charles Square, London, Greater London W10 6EN	£9,907	65	2	Flat
£1.1M	12/20	0.52 mi	6a, Highlever Road, London, Greater London W10 6PS	-	-	2	Flat
£775K	07/23	0.52 mi	First And Second Floor Flat, 22, Highlever Road, London, Greater London W10 6PS	-	-	2	Flat
£865K	03/21	0.52 mi	4b, Millwood Street, London, Greater London W10 6EH	£11,689	74	2	Flat
£855K	12/21	0.55 mi	34, Kelfield Gardens, London, Greater London W10 6NB	£11,633	74	2	Flat
£540K	09/23	0.57 mi	41, Tadmor Street, London, Greater London W12 8AH	£7,200	75	2	Flat
£943K	06/23	0.57 mi	Flat 17, Abbotsbury House, Abbotsbury Road, London, Greater London W14 8EN	-	-	2	Flat
£1.8M	12/20	0.57 mi	Flat 25, Abbotsbury House, Abbotsbury Road, London, Greater London W14 8EN	-	-	2	Flat
£735K	09/23	0.57 mi	67, Powis Square, London, Greater London W11 2BN	£11,667	63	2	Flat
£975K	03/21	0.58 mi	6b, Horbury Crescent, London, Greater London W11 3NF	-	-	2	Flat
£2.5M	02/21	0.58 mi	14, St Lukes Mews, London, Greater London W11 1DF	£26,836	93	2	Flat
£910K	12/22	0.59 mi	79, Powis Square, London, Greater London W11 2BN	£15,167	60	2	Flat
£580K	12/22	0.59 mi	245, Tavistock Crescent, London, Greater London W11 1AE	£7,532	77	2	Flat

Local Rents

52 rents from £2.3K/mo to £23.8K/mo, average is £3.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£8,000	10/24	0.04 mi	Treadgold Street, Notting Hill, W11	2	Flat
£4,240	03/25	0.08 mi	-	2	Flat
£2,250	10/24	0.08 mi	Clarendon Road London W11	2	Flat
£4,333	10/24	0.14 mi	-	2	Flat
£4,333	02/25	0.14 mi	-	2	Flat
£4,333	03/25	0.14 mi	-	2	Flat
£2,600	10/24	0.22 mi	Wesley Square, London, W11	2	Flat
£3,000	10/24	0.24 mi	Lansdowne Road, Notting Hill, W11	2	Flat
£3,792	10/24	0.24 mi	Cornwall Crescent, Notting Hill, W11	2	Flat
£2,999	10/24	0.25 mi	Lansdowne Road, London, W11	2	Flat
£2,999	10/24	0.25 mi	Lansdowne Road, Notting Hill, W11	2	Flat
£3,000	02/24	0.26 mi	-	2	Flat
£4,500	10/24	0.26 mi	-	2	Flat
£5,500	04/25	0.26 mi	-	2	Flat
£2,687	10/24	0.27 mi	Ladbroke Grove, Ladbroke Grove, London, W11	2	Flat
£3,500	04/25	0.28 mi	-	2	Flat
£3,597	10/24	0.28 mi	Arundel Gardens, Notting Hill	2	Flat
£3,000	10/24	0.28 mi	Arundel Gardens, Notting Hill, W11	2	Flat
£3,500	10/24	0.28 mi	-	2	Flat
£2,799	10/24	0.29 mi	Ladbroke Crescent, London, W11	2	Flat
£2,600	10/24	0.29 mi	Hunt Close, Holland Park, London, W11	2	Flat
£23,833	10/24	0.32 mi	Blenheim Crescent, Notting Hill, W11	2	Flat
£2,969	10/24	0.32 mi	Ladbroke Gardens, Notting Hill, London, W11	2	Flat
£2,250	10/24	0.32 mi	Queensdale Crescent London W11	2	Flat
£2,800	10/24	0.33 mi	Hunt Close, London, W11	2	Flat
£3,500	11/24	0.33 mi	-	2	Flat
£23,833	10/24	0.34 mi	Blenheim Crescent, London, W11	2	Flat
£3,590	11/24	0.34 mi	-	2	Flat
£2,600	10/24	0.34 mi	Hunt Close, London	2	Flat
£3,770	01/25	0.34 mi	-	2	Flat
£3,250	10/24	0.34 mi	Stanley Crescent, Notting Hill, London W11	2	Flat
£2,899	10/24	0.35 mi	Elgin Crescent, London, UK, W11	2	Flat
£3,445	10/24	0.36 mi	Arundel Gardens, London	2	Flat
£4,225	10/24	0.36 mi	Cascade Way, London	2	Flat
£4,225	10/24	0.36 mi	Cassini Apartments, White City Living	2	Flat
£3,600	01/25	0.36 mi	-	2	Flat
£3,650	11/24	0.36 mi	-	2	Flat
£3,650	11/24	0.36 mi	-	2	Flat
£3,650	11/24	0.36 mi	-	2	Flat
£5,500	10/24	0.37 mi	Ladbroke Grove, Notting Hill, W11	2	Flat
£3,878	10/24	0.37 mi	White City Living, Cassini Apartments, Cascade Way, White City W12	2	Flat
£4,000	10/24	0.37 mi	White City Living, Cassini Apartments, Cascade Way, White City W12	2	Flat
£4,099	10/24	0.37 mi	White City Living, Cassini Apartments, Cascade Way, White City W12	2	Flat
£3,792	10/24	0.37 mi	White City Living, Parkside Apartments, Cascade Way, White City, W12	2	Flat
£3,796	10/24	0.37 mi	Cassini Apartments, White City Living, London, W12	2	Flat
£3,800	10/24	0.37 mi	Cassini Apartments, London, W12	2	Flat
£4,000	10/24	0.37 mi	Cassini Apartments, London, W12	2	Flat
£3,597	10/24	0.37 mi	Cassini Apartments, White City Living, London, W12	2	Flat
£3,900	10/24	0.37 mi	Cassini Apartments, White City Living, London, W12	2	Flat
£3,650	10/24	0.37 mi	Parkside, White City Living, W12	2	Flat
£6,283	10/24	0.37 mi	floor-in 2 Apartment, Elgin Crescent, London, W11	2	Flat
£2,500	10/24	0.38 mi	Cambridge Gardens, London, W10	2	Flat

Local Area Statistics

Population in W11	31,35431,354
Population in London	4,771,9214,771,921
Town centre distance	4.74 miles away4.74 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.23 miles away0.23 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £585,000

February 18, 2025

Floor Plans

Description

Threshers Place, London W11

A well presented, purpose built, two bedroom first floor flat in this local authority controlled block. The property benefits from excellent living space by providing a bright reception room, a kitchen / breakfast room, two double bedrooms, a bathroom and separate cloakroom. The seller has applied for a lease extension.

Threshers Place is well located for ease of access to Latimer Road underground station as well as being a short walk to central Notting Hill, Westfield London and Holland Park.

Asking Price: £585,000 Leasehold

Threshers Place, London W11 4HP

A purpose built first floor two bedroom flat.
Good condition throughout.
Integrated kitchen / breakfast room.
Generous reception room.
Two bedrooms, one with en suite shower room.
Indirect access to a private outside space.
Modern bathroom.
Centrally located for ease of access to Holland Park, Westfield London, Latimer Road underground station and central Notting Hill.

Threshers Place, W11 4HP
Asking Price: £585,000
Purpose built two bedroom first floor flat
Approximate gross internal floor area: 675 Sq. Ft. (62.7 Sq. M.)

Tenure: Leasehold 125 years from 30 January 1992the seller has applied to extend the lease
Service Charge and Ground Rent: £1,917.28 per annum and £10 per annum
Service charge covers: Maintenance, communal electricity, repairs, buildings insurance.
Local Authority: Royal Borough of Kensington and Chelsea
Council Tax: Band D (£1,508.98 for current financial year 24/25)
Parking: Eligible for a residents parking permit
Accessibility: Steps to front door
Connected services / utilities: Mains water and drainage, gas, electricity, telephone and broadband (both fibre and cable available locally).
Heating: Gas central heating via radiators last inspected April 2024
Flood risk: Copy available on request

Agent Details

Kerr and Co, Shepherds Bush & Hammersmith

020 3834 8777

Next Steps?

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

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