2 Bed Flat, Single Let, London, W2 2QL, £525,000

Park West, London, W2 2QL - 3 views - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£250K - £1.8M
Sold Prices/m²£2.9K/m² - £21.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.7K/m²

Value Estimate

£651,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£41,200

Total Cash In

£172,450

 

 

Cash Out

 

Rent Range

£2,200 - £6,390

Rent Estimate

£2,400

Running Costs/mo

£2,141

Cashflow/mo

£259

Cashflow/yr

£3,113

ROI

2%

Gross Yield

5%

Local Sold Prices

51 sold prices from £250K to £1.8M, average is £810K. £2.9K/m² to £21.3K/m², average is £11.7K/m².

PriceDateDistanceAddressBeds 
£675K04/230.03 miFlat 135, Park West, Edgware Road, London, Greater London W2 2QP2
£1.1M12/200.06 miGround Floor Flat, 49 - 50, Kendal Street, London, Greater London W2 2BP2
£575K06/210.11 miFlat 157, Park West, Edgware Road, London, Greater London W2 2QP2
£750K11/220.16 miFlat 1, Harrowby Court, Harrowby Street, London, Greater London W1H 5FA2
£1.1M04/230.17 miFlat 7, Bryan Court, Seymour Place, London, Greater London W1H 2NE2
£825K10/210.18 mi61, The Quadrangle, London, Greater London W2 2RR2
£975K06/210.18 miFlat 12, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£970K06/230.18 miFlat 7, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£775K08/230.2 miFlat 16, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£810K09/230.2 miFlat 13, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£1.3M03/230.21 mi15, Great Cumberland Mews, London, Greater London W1H 7DZ2
£520K02/210.21 miFlat 14, Princess Court, Bryanston Place, London, Greater London W1H 2DF2
£1.1M06/210.24 miFlat 77, Clarewood Court, Crawford Street, London, Greater London W1H 2NW2
£780K02/230.24 miFlat 40, Clarewood Court, Seymour Place, London, Greater London W1H 2NL2
£1.6M11/220.25 mi20, Bryanston Mews East, London, Greater London W1H 2DB2
£905K09/210.25 mi25a, Harcourt Street, London, Greater London W1H 4HN2
£990K09/220.26 miFirst And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX2
£780K01/210.28 mi4a, Norfolk Place, London, Greater London W2 1QN2
£800K10/230.29 miFlat 1, Cumberland Court, Great Cumberland Place, London, Greater London W1H 7DP2
£650K01/210.29 mi30, Radnor Mews, London, Greater London W2 2SA2
£570K06/210.31 miFront Basement Flat, 11, Montagu Square, London, Greater London W1H 2LD2
£1.2M01/210.33 mi15, Montagu Mews North, London, Greater London W1H 2JR2
£1.4M09/230.35 miFlat B, 30, Upper Montagu Street, London, Greater London W1H 1RP2
£1.4M09/230.35 miFlat B, 30, Upper Montagu Street, London, Greater London W1H 1RP2
£707K03/210.35 miGround Floor Flat, 8, Sussex Place, London, Greater London W2 2TP2
£398K10/200.35 mi63a, Lisson Street, London, Greater London NW1 5DA2
£610K03/230.37 miSecond Floor Flat, 14, Crawford Street, London, Greater London W1H 1BP2
£550K09/230.39 mi11c, Penfold Street, London, Greater London NW1 6RU2
£900K07/210.4 mi55, Sussex Square, London, Greater London W2 2SR2
£685K12/210.4 mi13, Sussex Square, London, Greater London W2 2SL2
£1.8M03/210.43 mi68, Montagu Mansions, London, Greater London W1U 6LE2
£1.6M06/210.43 mi76, Montagu Mansions, London, Greater London W1U 6LE2
£1.3M08/230.43 mi51, Montagu Mansions, London, Greater London W1U 6LD2
£660K12/200.44 miFlat 6, Cosway Mansions, Shroton Street, London, Greater London NW1 6UE2
£850K10/230.44 miFlat B, 12, Montagu Row, London, Greater London W1U 6ED2
£850K06/220.45 mi9, Montagu Mansions, London, Greater London W1U 6LB2
£735K06/210.49 miFlat 66, Dorset House, Gloucester Place, London, Greater London NW1 5AE2
£805K05/230.49 miFlat 2, Wendover Court, Chiltern Street, London, Greater London W1U 7NS2
£1.1M08/220.5 miFlat 32, Wendover Court, Chiltern Street, London, Greater London W1U 7NT2
£1.1M09/210.5 miFlat 100, Wendover Court, Chiltern Street, London, Greater London W1U 7NY2
£1.6M04/240.5 miWendover Court, Flat 100, Chiltern Street, London, Greater London W1U 7NY2
£475K01/210.51 miFlat 12, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£250K03/230.51 miFlat 10, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£1.2M07/220.52 miFlat 27, St Andrews Mansions, Dorset Street, London, Greater London W1U 4EQ2
£680K08/210.54 miFlat 25, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£467.5K10/230.54 miFlat 22, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£645K10/230.54 miFlat 20, York Mansions, Chiltern Street, London, Greater London W1U 5AL2
£1.2M12/200.54 mi14c, Westbourne Crescent, London, Greater London W2 3DB2
£545K10/230.55 mi22, Gloucester Terrace, London, Greater London W2 3DD2
£845K06/210.55 miThird Floor Flat, 28, Westbourne Terrace, London, Greater London W2 3UP2
£675K10/230.56 mi3, Linhope Street, London, Greater London NW1 6ES2

Local Rents

50 rents from £2.2K/mo to £6.4K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£2,75210/240.03 miNorfolk Crescent, Hyde Park, London, W22
£2,60010/240.03 miEdgware Road, London, W22
£2,89902/240.03 mi-2
£3,00010/240.03 miEdgware Road London W22
£5,25003/250.03 mi-2
£2,90002/240.03 mi-2
£5,20010/240.03 mi-2
£2,49210/240.03 mi-2
£2,49210/240.03 mi-2
£2,30010/240.03 mi-2
£3,00010/240.03 mi-2
£5,20010/240.03 mi-2
£2,40010/240.03 mi-2
£2,90011/240.03 mi-2
£3,70010/240.03 mi-2
£3,70010/240.03 mi-2
£3,60001/250.03 mi-2
£3,30003/250.03 mi-2
£2,40004/250.03 mi-2
£3,25004/250.03 mi-2
£3,25004/250.03 mi-2
£2,20004/250.03 mi-2
£3,50004/250.03 mi-2
£5,61210/240.04 miNutford Place Marylebone W1H2
£4,99610/240.05 mi-2
£4,99610/240.05 mi-2
£6,39010/240.05 mi-2
£2,95001/250.06 mi-2
£2,40010/240.06 mi-2
£2,40010/240.06 miPark West, London, W22
£2,79510/240.06 miPorchester Place, Paddington, London, W22
£2,60010/240.07 mi-2
£4,50002/250.07 mi-2
£4,50010/240.07 mi-2
£3,00010/240.07 miPorchester Place, Connaught Village, W22
£3,46710/240.07 miPortsea Place, Hyde Park Estate, London, W22
£3,00010/240.08 mi-2
£3,77010/240.08 mi-2
£3,99904/250.08 mi-2
£2,42710/240.08 miHarrowby Street, Marylebone, London, W1H2
£2,38310/240.08 miHarrowby Street, Marylebone2
£3,75012/240.11 mi-2
£3,50010/240.11 mi-2
£3,60010/240.11 miMarble Arch Apartments, Harrowby Street, W1H2
£2,73010/240.11 miStourcliffe Street London W1H2
£2,92510/240.11 mi23 Connaught Square, London, Greater London, W22
£3,57510/240.12 miConnaught Street W22
£3,00004/250.12 mi-2
£3,25010/240.13 miQuadrangle Tower, Cambridge Square2
£2,81710/240.13 miQuadrangle Tower, Cambridge Square, London, W22

Local Area Statistics

Population in W2

47,574

Population in London

4,771,921

Town centre distance

2.69 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Buyer's market

Capital growth (5yrs)

-15%

Property History

Listed for £525,000

March 6, 2025

Floor Plans

Description

  • Two Bedrooms +
  • 2nd Floor +
  • 24 Hour Concierge +
  • Lifts +
  • Secure Entry System +
  • Moments From Hyde Park +

This two-bedroom apartment presents a fantastic opportunity to live in a secure Art Deco building, offering a bright and airy living space. The property benefits from a 24-hour porter, lifts, entry phone system, and CCTV.

Situated on the 2nd floor, the apartment features two spacious double bedrooms, making it the perfect choice for first-time buyers, investors, or as a pied-à-terre. Ideally located just off Edgware Road and the Hyde Park Estates, it’s only a short walk to the vast green spaces of Hyde Park, as well as the vibrant local amenities of Paddington, Oxford Street, and the West End. With Paddington, Marble Arch, and Edgware Road stations just moments away, transport links are second to none.

This property is an ideal investment or pied-à-terre, offering excellent rental potential and a superb location.

Agent Details

Fraser & Co, London West End

020 3871 0534

Next Steps?

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