2 Bed Flat, Single Let, London, NW7 1HQ, £399,995

Shillingford Close, Mill Hill, NW7 1HQ - 2 views - a month ago

Leasehold

BTL

ROI: 1%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£228.8K - £653K
Sold Prices/m²	£3.7K/m² - £9.3K/m²

Square Metres	~68.11 m²
Price/m²	£5.9K/m²
Value Estimate	£454,073£454,073
BMV	14%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£99,999£99,999
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£128,698£128,698

Cash Out
Rent Range	£1,500 - £4,500£1,500 - £4,500
Rent Estimate	£1,719
Running Costs/mo	£1,614£1,614
Cashflow/mo	£105£105
Cashflow/yr	£1,263£1,263
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £228.8K to £653K, average is £400K. £3.7K/m² to £9.3K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£400K	03/21	0 mi	38, Shillingford Close, London, Greater London NW7 1HQ	£6,667	60	2	Flat
£400K	02/24	0.01 mi	9, Shillingford Close, London, Greater London NW7 1HQ	£6,154	65	2	Flat
£400K	04/21	0.01 mi	40, Shillingford Close, London, Greater London NW7 1HQ	£6,667	60	2	Flat
£395K	07/23	0.01 mi	29, Shillingford Close, London, Greater London NW7 1HQ	£7,054	56	2	Flat
£410K	12/20	0.05 mi	6, Thornbury Close, London, Greater London NW7 1HH	£6,833	60	2	Flat
£535K	06/21	0.09 mi	5, Honiton Gardens, London, Greater London NW7 1GF	-	-	2	Flat
£405K	06/21	0.09 mi	10, Honiton Gardens, London, Greater London NW7 1GF	£6,778	60	2	Flat
£420K	06/21	0.1 mi	20, Seaton Square, London, Greater London NW7 1GB	£7,073	59	2	Flat
£325K	02/23	0.1 mi	16, Seaton Square, London, Greater London NW7 1GB	£5,603	58	2	Flat
£355K	09/21	0.11 mi	11, Sanders Lane, London, Greater London NW7 1BX	£4,914	72	2	Flat
£340K	03/23	0.21 mi	Flat 33, Bittacy Court, Bittacy Hill, London, Greater London NW7 1HY	-	-	2	Flat
£350K	11/20	0.22 mi	11a, Bittacy Hill, London, Greater London NW7 1HS	£4,487	78	2	Flat
£286K	06/21	0.25 mi	Flat 15, Dollis Croft, Bittacy Hill, London, Greater London NW7 1HP	-	-	2	Flat
£228.8K	09/23	0.26 mi	12a, Bittacy Hill, London, Greater London NW7 1LB	-	-	2	Flat
£305K	02/21	0.31 mi	Flat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW	-	-	2	Flat
£395K	06/21	0.32 mi	73, Bray Road, London, Greater London NW7 1SL	£5,896	67	2	Flat
£325K	03/23	0.32 mi	121, Bray Road, London, Greater London NW7 1SL	-	-	2	Flat
£343.5K	04/23	0.38 mi	20, Frith Court, London, Greater London NW7 1JP	-	-	2	Flat
£395K	10/20	0.38 mi	44, Frith Court, London, Greater London NW7 1JP	£6,371	62	2	Flat
£391.8K	03/21	0.38 mi	12, Frith Court, London, Greater London NW7 1JP	£6,122	64	2	Flat
£375K	06/21	0.38 mi	33, Frith Court, London, Greater London NW7 1JP	£5,859	64	2	Flat
£653K	06/21	0.39 mi	157, Holders Hill Road, London, Greater London NW7 1ND	-	-	2	Flat
£390K	09/22	0.5 mi	12a, Milespit Hill, London, Greater London NW7 2PL	£6,500	60	2	Flat
£390K	05/23	0.59 mi	Flat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA	-	-	2	Flat
£415K	12/20	0.59 mi	Flat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA	-	-	2	Flat
£450K	12/22	0.6 mi	28, Gordon Road, London, Greater London N3 1EJ	£5,921	76	2	Flat
£410K	04/21	0.6 mi	Ground Floor Maisonette, 83, Dollis Road, London, Greater London N3 1RD	-	-	2	Flat
£450K	08/23	0.61 mi	55a, Dollis Road, London, Greater London N3 1RD	-	-	2	Flat
£436K	03/21	0.61 mi	55b, Dollis Road, London, Greater London N3 1RD	£7,267	60	2	Flat
£460K	06/21	0.65 mi	70a, Elm Park Road, London, Greater London N3 1EB	-	-	2	Flat
£235K	12/20	0.65 mi	70, Eversleigh Road, London, Greater London N3 1JA	£3,730	63	2	Flat
£360K	06/21	0.65 mi	Flat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT	-	-	2	Flat
£590K	12/20	0.66 mi	Ground Floor Flat, 25, Elm Park Road, London, Greater London N3 1EG	£8,939	66	2	Flat
£415K	11/20	0.68 mi	51, Grosvenor Road, London, Greater London N3 1EY	£6,684	62	2	Flat
£415K	04/21	0.69 mi	15a, Dollis Road, London, Greater London N3 1RB	-	-	2	Flat
£450K	06/21	0.69 mi	61, Grosvenor Road, London, Greater London N3 1EY	£7,258	62	2	Flat
£575K	05/21	0.69 mi	45, Grosvenor Road, London, Greater London N3 1EY	£9,271	62	2	Flat
£460K	04/21	0.71 mi	18, Grosvenor Road, London, Greater London N3 1EX	£7,077	65	2	Flat
£425K	04/21	0.72 mi	Flat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR	-	-	2	Flat
£485K	03/21	0.73 mi	Flat 2, Georgian Court, Dollis Avenue, London, Greater London N3 1TY	-	-	2	Flat
£505K	08/23	0.73 mi	Flat 1, Georgian Court, Dollis Avenue, London, Greater London N3 1TY	-	-	2	Flat
£625K	02/21	0.76 mi	3b, St Marys Avenue, London, Greater London N3 1SN	£7,267	86	2	Flat
£500K	06/21	0.76 mi	57, Dollis Park, London, Greater London N3 1HJ	£7,042	71	2	Flat
£320K	12/20	0.81 mi	Flat 9, Claydon House, Holders Hill Road, London, Greater London NW4 1LS	-	-	2	Flat
£390K	01/21	0.81 mi	Flat 32, Claydon House, Holders Hill Road, London, Greater London NW4 1LS	-	-	2	Flat
£345K	10/23	0.81 mi	Flat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS	-	-	2	Flat
£375K	03/21	0.81 mi	Flat 33, Claydon House, Holders Hill Road, London, Greater London NW4 1LS	-	-	2	Flat
£410K	06/21	0.84 mi	Flat 7, Paul Court, Windsor Road, London, Greater London N3 3SP	-	-	2	Flat
£385K	06/21	0.85 mi	Flat 23, Page Court, Page Street, London, Greater London NW7 2DY	-	-	2	Flat
£405K	03/23	0.85 mi	Flat 17, Norman Court, Nether Street, London, Greater London N3 1QQ	-	-	2	Flat

Local Rents

50 rents from £1.5K/mo to £4.5K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,350	01/25	0 mi	-	2	Flat
£1,895	06/24	0.01 mi	Shillingford Close, Mill Hill, NW7	2	Flat
£1,950	03/25	0.05 mi	-	2	Flat
£1,900	09/24	0.07 mi	-	2	Flat
£1,750	06/24	0.08 mi	Honiton Gardens, Mill Hill East, NW7	2	Flat
£2,100	06/24	0.08 mi	Honiton Gardens, Mill Hill	2	Terraced House
£2,250	04/25	0.09 mi	-	2	Flat
£1,500	04/25	0.1 mi	-	2	Terraced House
£1,895	08/24	0.11 mi	-	2	Flat
£1,795	09/24	0.11 mi	-	2	Flat
£1,900	10/24	0.11 mi	-	2	Flat
£1,900	07/24	0.11 mi	Tiverton Way, Mill Hill	2	House
£2,400	02/24	0.11 mi	-	2	Flat
£2,400	02/24	0.11 mi	-	2	Flat
£2,500	05/24	0.12 mi	-	2	Semi-Detached House
£2,500	06/24	0.12 mi	-	2	Semi-Detached House
£2,400	03/25	0.14 mi	-	2	Flat
£2,100	06/24	0.15 mi	-	2	Flat
£2,300	06/24	0.15 mi	Tamarind Court, London, NW7	2	Flat
£1,900	06/24	0.15 mi	Devonshire Road, Mill Hill, NW7	2	Flat
£2,200	06/24	0.16 mi	Brooklime Apartments, Bittacy Hill, Mill Hill	2	Flat
£2,297	06/24	0.17 mi	Foxglove Apartments, Mill Hill, London, NW7	2	Flat
£2,250	06/24	0.17 mi	Bittacy Hill, London, NW7	2	Flat
£2,200	06/24	0.17 mi	Bittacy Hill, London, NW7	2	Flat
£2,400	08/24	0.17 mi	Bittacy Hill, Millbrook Park, NW7	2	House
£3,050	09/24	0.18 mi	-	2	Flat
£3,050	07/24	0.18 mi	Bittacy Hill, London, NW7	2	Flat
£2,350	07/24	0.19 mi	Mill Hill, London, NW7	2	Flat
£2,350	03/25	0.19 mi	-	2	Flat
£2,300	06/24	0.19 mi	Anemone Apartments, Bittacy Hill, Mill Hill, NW7	2	Flat
£1,850	09/24	0.2 mi	Langstone Way, Mill Hill, London	2	Flat
£2,300	08/24	0.21 mi	-	2	Flat
£2,250	06/24	0.21 mi	Royal Engineers Way, Millbrook Park, NW7	2	Flat
£3,500	03/25	0.21 mi	-	2	Flat
£2,400	06/24	0.21 mi	Royal Engineers Way, Mill Hill	2	Flat
£1,700	03/24	0.21 mi	Hill Court, Bittacy Road, London, NW7	2	Flat
£2,557	03/24	0.22 mi	Plaza Collection, Explorer Way, Mill Hill NW7	2	Flat
£2,400	07/24	0.22 mi	Royal Engineers Way, Millbrook Park, NW7 1SX	2	Flat
£2,850	01/25	0.22 mi	-	2	Flat
£2,400	07/24	0.22 mi	Royal Engineers Way, Millbrook Park, NW7 1SX	2	Flat
£2,550	07/24	0.22 mi	-	2	Flat
£2,600	11/24	0.22 mi	-	2	Flat
£4,500	03/25	0.22 mi	-	2	Terraced House
£2,400	06/24	0.22 mi	-	2	Flat
£2,400	02/25	0.22 mi	-	2	Flat
£2,300	06/24	0.23 mi	Harewood Avenue, Mill Hill, London, NW7	2	Flat
£2,400	06/24	0.24 mi	Inglis Way, Mill Hill, NW7	2	Flat
£2,400	07/24	0.24 mi	Burghley House, Royal Engineers Way, NW7	2	Flat
£1,900	08/24	0.25 mi	Bittacy Hill, Mill Hill	2	Flat
£1,500	02/24	0.25 mi	-	2	Flat

Local Area Statistics

Population in NW7	25,13125,131
Population in London	4,771,9214,771,921
Town centre distance	7.15 miles away7.15 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.13 miles away0.13 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 £399,995

March 6, 2025

Floor Plans

Description

Top floor flat +
2 Bedrooms +
Open-plan kitchen +
En-suite shower room +
Allocated parking +
Chain free +
0.1m to Mill Hill East station +
Leasehold 976 years 11 months remaining +
Service charge £2647 pa +
Ground rent £299 pa +

Located on the popular Lidbury Square development is this lovely and bright two bedroom second floor apartment close to the amenities of Mill Hill East.

The Owners Loves
"We are moments away from the local supermarket - Waitrose and transport facilities"
"The flat is on the top floor with lovely views, flooded with natural light and very quiet."
"The flat offers expansive open lounge and kitchen space providing the perfect setting for entertaining"

We've Noticed
If let out, you can expect to achieve approximately £22,000.
Being on the top floor, you have the benefit of great views and no neighbours above you.

Agent Details

Martyn Gerrard, Mill Hill

020 3870 3396

Next Steps?

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

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