2 Bed Flat, Refurb/BRRR, London, W9 3JH, £750,000

Shirland Road, London, W9 3JH - 2 views - 2 months ago

Refurb/BRRR
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£315K - £1.6M
Sold Prices/m²£5.9K/m² - £12.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£11K/m²

Value Estimate

£536,308

 

 

End Value (After Refurb)

£650,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£48,700

Refurb Costs

£36,043

Bridging Loan Interest

£19,688

Total Cash In

£293,680

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£650,000

Mortgage (After Refinance)

£487,500

Mortgage LTV

75%

Cash Left In

£293,680

Equity

£162,500

Rent Range

£1,712 - £4,900

Rent Estimate

£2,447

Running Costs/mo

£2,541

Cashflow/mo

£-94

Cashflow/yr

£-1,124

Gross Yield

4%

Local Sold Prices

50 sold prices from £315K to £1.6M, average is £533.5K. £5.9K/m² to £12.7K/m², average is £8.5K/m².

PriceDateDistanceAddressBeds 
£512.5K06/210.05 mi12a, Mozart Street, London, Greater London W10 4LA2
£481K01/240.06 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£481K01/240.06 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£315K05/210.07 miThird Floor Flat, 75, Bravington Road, London, Greater London W9 3AA2
£610K03/210.07 mi67a, Bravington Road, London, Greater London W9 3AA2
£505K03/210.09 mi29, Riverton Close, London, Greater London W9 3DS2
£542K06/210.09 miFlat B, 135, Ashmore Road, London, Greater London W9 3DA2
£550K04/210.13 mi76a, Ashmore Road, London, Greater London W9 3DG2
£410K03/210.13 mi76b - 76c, Ashmore Road, London, Greater London W9 3DG2
£510K06/210.15 miFirst Floor Flat, 14, Croxley Road, London, Greater London W9 3HL2
£421K11/200.16 mi2, Portgate Close, London, Greater London W9 3DL2
£465K11/210.16 mi12, Portgate Close, London, Greater London W9 3DL2
£610K03/230.16 mi25c, Croxley Road, London, Greater London W9 3HH2
£485K07/230.18 miFirst Floor Flat, 141, Fernhead Road, London, Greater London W9 3ED2
£535K09/230.19 mi186b, Shirland Road, London, Greater London W9 3JF2
£650K11/200.19 miGround Floor Flat, 179, Ashmore Road, London, Greater London W9 3DB2
£525K02/230.2 miFirst Floor Flat, 33, Denholme Road, London, Greater London W9 3HT2
£495K04/230.2 miFirst Floor Flat, 249, Portnall Road, London, Greater London W9 3BL2
£800K10/200.22 mi3b, Lydford Road, London, Greater London W9 3LU2
£565K12/200.22 mi43c, Barnsdale Road, London, Greater London W9 3LL2
£750K09/230.22 miSecond Floor Flat, 151, Saltram Crescent, Maida Vale, London, Greater London W9 3JT2
£597.3K08/240.23 mi163, Second Floor Flat, Saltram Crescent, Maida Vale, London, Greater London W9 3JU2
£525K10/210.26 mi88a, Walterton Road, London, Greater London W9 3PQ2
£670K06/210.26 mi101a, Malvern Road, London, Greater London NW6 5PU2
£500K11/210.26 mi91c, Malvern Road, London, Greater London NW6 5PU2
£455K10/230.26 miFlat B, 71, Malvern Road, London, Greater London NW6 5PU2
£595K07/230.28 mi64a, Fermoy Road, London, Greater London W9 3NJ2
£775K11/230.3 mi83, Marne Street, London, Greater London W10 4JF2
£505K01/210.32 miFlat 21, Marble House, Elgin Avenue, London, Greater London W9 3PS2
£490K01/210.32 miFlat 2, Gadsden House, Hazlewood Crescent, London, Greater London W10 5DX2
£690K10/230.33 miFlat C, 40, Hormead Road, London, Greater London W9 3NQ2
£530K06/210.34 mi227, Kilburn Lane, London, Greater London W10 4BQ2
£457K10/200.35 mi181b, Shirland Road, London, Greater London W9 2EU2
£600K11/200.36 mi61l, Fifth Avenue, London, Greater London W10 4DL2
£532K03/210.38 miRaised Ground Floor Flat, 19, Lanhill Road, London, Greater London W9 2BS2
£515K03/210.39 mi175, Kilburn Lane, London, Greater London W10 4AX2
£500K09/210.39 mi201a, Kilburn Lane, London, Greater London W10 4AX2
£617.5K05/210.4 miFirst Floor Flat, 69, Elgin Avenue, London, Greater London W9 2DB2
£800K02/240.41 miEssendine Mansions, Flat 54, Essendine Road, London, Greater London W9 2LY2
£1.6M01/210.41 mi119, Harvist Road, London, Greater London NW6 6HA2
£400K06/210.42 miFlat 26, James House, Appleford Road, London, Greater London W10 5GF2
£645K03/210.43 mi159a, Shirland Road, London, Greater London W9 2EP2
£575.5K05/230.43 miFlat 75, Southwold Mansions, Widley Road, London, Greater London W9 2LF2
£757.5K03/210.44 miFlat 88, Wymering Mansions, Wymering Road, London, Greater London W9 2NE2
£785K08/230.44 miFlat 89, Wymering Mansions, Wymering Road, London, Greater London W9 2NE2
£624K06/210.45 miFlat 3, Cleveland Mansions, Widley Road, London, Greater London W9 2LA2
£700K08/230.45 miFlat 6, Cleveland Mansions, Widley Road, London, Greater London W9 2LA2
£430K12/200.45 miFlat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA2
£840K06/230.45 miFlat 164, Wymering Mansions, Wymering Road, London, Greater London W9 2NG2
£491.6K06/210.46 mi125, St Ervans Road, London, Greater London W10 5QY2

Local Rents

51 rents from £1.7K/mo to £4.9K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,45012/240.01 mi-2
£2,25001/250.02 mi-2
£2,00003/250.02 mi-2
£2,25010/240.03 mi-2
£2,25311/240.03 mi-2
£2,34910/240.04 miAshmore Road, Maida Vale2
£2,39510/240.05 mi-2
£2,50004/250.06 mi-2
£1,71203/240.06 miAshmore Road, London, W92
£2,20010/240.06 mi-2
£2,09502/250.08 mi-2
£2,10010/240.08 mi-2
£2,70002/250.08 mi-2
£2,00010/240.08 mi-2
£2,00010/240.09 mi-2
£2,00003/250.09 mi-2
£2,30010/240.09 miBravington Road, W92
£2,39610/240.09 miAshmore Road, Maida Vale2
£2,90310/240.1 miAshmore Road, Maida Vale2
£2,45010/240.1 mi-2
£2,10010/240.1 miBravington Road, London, W92
£1,95010/240.1 miFernhead Road Maida Vale W92
£2,95010/240.11 mi-2
£3,20003/250.11 mi-2
£4,90011/240.11 mi-2
£2,50010/240.11 miPortnall Road, London2
£2,97004/250.11 mi-2
£4,00011/240.11 mi-2
£2,00010/240.12 miFernhead Road, W92
£2,00010/240.12 miFernhead Road, W9 3EL2
£2,34010/240.12 miFernhead Road, London, W9 3EL2
£2,25010/240.13 mi-2
£2,01510/240.13 miCoomassie Road, Maida Vale, London, W92
£2,05004/250.13 mi-2
£2,10010/240.13 mi-2
£2,10010/240.13 miFernhead Road, London, W92
£1,95002/250.13 mi-2
£1,95004/250.13 mi-2
£3,19511/240.14 mi-2
£2,85004/250.14 mi-2
£2,50004/250.14 mi-2
£2,40010/240.14 mi-2
£2,25010/240.15 miCroxley Road, Maida Vale2
£2,20010/240.15 miCroxley Road London W92
£2,10010/240.15 mi-2
£2,70011/240.15 mi-2
£2,10012/240.15 mi-2
£2,10012/240.15 mi-2
£2,20003/250.15 mi-2
£2,75010/240.16 miThird Avenue, Third Avenue, W102
£2,35010/240.17 miPortnall Road, London, W92

Local Area Statistics

Population in W9

37,724

Population in London

4,771,921

Town centre distance

4.21 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £750,000

February 25, 2025

Floor Plans

Description

  • Two double bedroom apartment +
  • Beautifully extended +
  • Light filled +
  • Private Garden +
  • Stunning open plan kitchen living space +
  • Offered to the market with no onward chain +

A simply stunning two double bedroom ground floor garden flat situated in a great residential location close the hub of Maida Vale and a short walk to Queens Park station and the amenities of Queens Park.

The property was subject to complete renovation in 2019 and benefits from a wonderful open plan living and dining space which opens to a beautifully landscaped patio garden. Additionally thereare two good size double bedrooms, bathroom and guest cloakroom.

Shirland Road is perfectly situated for easy access to central London, in close proximity to Queen's Park station with the underground (Bakerloo line) and overground to Euston along with 24-hour regular bus service.

Salusbury Road offers a wide range of cafes, restaurants, shops and the renowned weekly farmers' market. Queen's Park itself also has tennis courts, a children's play area and pitch and put.

A simply stunning two double bedroom ground floor garden flat situated in a great residential location close the hub of Maida Vale and a short walk to Queens Park station and the amenities of Queens Park.

The property was subject to complete renovation in 2019 and benefits from a wonderful open plan living and dining space which opens to a beautifully landscaped patio garden. Additionally thereare two good size double bedrooms, bathroom and guest cloakroom.

Shirland Road is perfectly situated for easy access to central London, in close proximity to Queen's Park station with the underground (Bakerloo line) and overground to Euston along with 24-hour regular bus service.

Salusbury Road offers a wide range of cafes, restaurants, shops and the renowned weekly farmers' market. Queen's Park itself also has tennis courts, a children's play area and pitch and put.

Agent Details

Cow & Co, London

020 3780 4690

Next Steps?

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