2 Bed Flat, Single Let, London, NW6 2HE, £420,000

Iverson Road, West Hampstead, London, NW6 2HE - 1 views - a month ago

Leasehold
BTL
ROI: 2%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£230K - £1.6M
Sold Prices/m²£5.9K/m² - £18.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£516,600
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£105,000

Stamp Duty & Legal Fees

£30,700

Total Cash In

£135,700

 

 

Cash Out

 

Rent Range

£1,928 - £3,500

Rent Estimate

£1,950

Running Costs/mo

£1,723

Cashflow/mo

£228

Cashflow/yr

£2,730

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £230K to £1.6M, average is £638.8K. £5.9K/m² to £18.7K/m², average is £9.2K/m².

PriceDateDistanceAddressBeds 
£580K01/210.1 miFirst Floor Flat, 145, Sumatra Road, London, Greater London NW6 1PN2
£441K02/210.1 mi21c, Pandora Road, London, Greater London NW6 1TS2
£775K06/210.12 mi56a, Dennington Park Road, London, Greater London NW6 1BD2
£715K03/210.14 mi35b, Dennington Park Road, London, Greater London NW6 1BB2
£720K09/210.14 miGround Floor Flat, 88, Maygrove Road, London, Greater London NW6 2ED2
£230K04/230.16 miGround Floor Flat, 25, Narcissus Road, London, Greater London NW6 1TJ2
£395K09/230.2 miFirst Floor Flat, 13, Iverson Road, London, Greater London NW6 2QT2
£297K07/210.21 mi23b, Maygrove Road, London, Greater London NW6 2EE2
£575K06/210.22 mi55b, Fordwych Road, London, Greater London NW2 3TN2
£700K01/240.24 mi32a, Fordwych Road, London, Greater London NW2 3TG2
£650K05/210.24 miFlat 5, Cavendish Mansions, Mill Lane, London, Greater London NW6 1TE2
£625K02/230.24 miFlat 35, Cavendish Mansions, Mill Lane, London, Greater London NW6 1TE2
£610K06/230.24 miFlat 9, Cavendish Mansions, Mill Lane, London, Greater London NW6 1TE2
£575K05/230.25 miGround And First Floor Flat, 63, Sherriff Road, London, Greater London NW6 2AS2
£879K08/230.29 mi9a, Gladys Road, London, Greater London NW6 2PU2
£850K12/200.31 miFlat 53, Harvard Court, Honeybourne Road, London, Greater London NW6 1HN2
£740K02/230.31 miFlat 43, Harvard Court, Honeybourne Road, London, Greater London NW6 1HN2
£900K05/230.31 mi24b, Hilltop Road, London, Greater London NW6 2PY2
£440K09/230.32 miFlat 1, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£495K03/230.32 miFlat 20, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£980K01/230.33 mi38a, Fortune Green Road, London, Greater London NW6 1UJ2
£745K09/230.34 miFlat 61, Yale Court, Honeybourne Road, London, Greater London NW6 1JQ2
£504K03/210.34 miFirst Floor Flat, 69, Fordwych Road, London, Greater London NW2 3TL2
£850K05/230.34 miFlat A, 103, Fordwych Road, London, Greater London NW2 3TL2
£740K02/230.34 miSecond And Third Floor Maisonette, 91, Fordwych Road, London, Greater London NW2 3TL2
£700K11/210.35 miFlat 19, Yale Court, Honeybourne Road, London, Greater London NW6 1JF2
£640K07/230.35 miFlat 18, Yale Court, Honeybourne Road, London, Greater London NW6 1JF2
£476.3K10/200.35 mi13a, Sarre Road, London, Greater London NW2 3SN2
£758.5K03/210.35 miFlat 44, Lyncroft Mansions, Lyncroft Gardens, London, Greater London NW6 1JX2
£935K04/240.37 mi8b, Dynham Road, London, Greater London NW6 2NR2
£925K11/210.38 mi6, Burrard Road, London, Greater London NW6 1DB2
£875K02/210.38 mi49a, Gondar Gardens, London, Greater London NW6 1EP2
£1.6M12/200.38 mi16, Burrard Road, London, Greater London NW6 1DB2
£525K12/220.39 miFlat 19, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£500K11/210.39 miFlat 10, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£565K06/210.39 miFlat 24, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£865K01/210.39 mi76d, Crediton Hill, London, Greater London NW6 1HR2
£840K03/210.39 miFlat 50, Lyncroft Mansions, Lyncroft Gardens, London, Greater London NW6 1JY2
£735K06/230.39 miFlat 1, Tudor Mansions, Gondar Gardens, West Hampstead, London, Greater London NW6 1EY2
£640K04/210.41 miFlat 1, 19, Cotleigh Road, London, Greater London NW6 2NL2
£545K01/210.42 miFirst Floor Flat B, 61, Messina Avenue, London, Greater London NW6 4LG2
£477.5K03/210.42 miFlat 12b, Exeter Mansions, Exeter Road, London, Greater London NW2 3UG2
£625K04/230.42 miFlat 10a, Exeter Mansions, Exeter Road, London, Greater London NW2 3UG2
£442K09/230.43 miFlat 15, James Stewart House, Dyne Road, London, Greater London NW6 7XY2
£670K03/230.43 miFlat C, 4, Dunster Gardens, London, Greater London NW6 7NH2
£560K06/210.43 mi66a, Minster Road, London, Greater London NW2 3RG2
£560K11/230.45 miGround Floor Flat, 27, Gascony Avenue, London, Greater London NW6 4NB2
£637.5K01/210.45 miFirst Floor Flat, 9, Exeter Road, London, Greater London NW2 4SJ2
£388.5K08/210.46 miFlat 21, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2
£440K12/200.46 miFlat 27, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2

Local Rents

50 rents from £1.9K/mo to £3.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,99907/240.05 miThe Clay Yard, Liddell Place, NW62
£2,60007/240.05 miMaygrove Road, London2
£2,90306/240.07 miBeaufort Court, Maygrove Road, London2
£2,50006/240.07 mi73a Maygrove Road, London2
£3,25007/240.08 miSumatra Road, West Hampstead, NW62
£2,14508/240.09 miMaygrove Road, London, NW62
£2,20007/240.1 miMaygrove Road, London, , NW6 2ED2
£2,35007/240.11 mi-2
£2,49006/240.12 miDennington Park Road, West Hampstead, NW62
£2,25011/240.12 mi-2
£1,95002/250.12 mi-2
£1,95006/240.13 miIverson Road, West Hampstead, London, NW62
£2,80002/250.13 mi-2
£2,81607/240.13 miMaygrove Road, Beaufort Court, West Hampstead, London, NW62
£2,30011/240.13 mi-2
£2,80002/250.14 mi-2
£2,70006/240.14 miDennington Park Road, West Hampstead NW62
£2,92508/240.14 miIverson Road, West Hampstead, London, NW62
£1,95007/240.14 miIverson Road, West Hampstead, NW62
£1,95007/240.14 miIverson Road, West Hampstead, NW62
£2,80002/240.14 mi-2
£2,80002/250.14 mi-2
£2,00006/240.14 miIverson Road, London, NW62
£2,57806/240.14 miIverson Road, West Hampstead, NW62
£2,00008/240.14 miIverson Road Kilburn NW62
£2,50009/240.14 miIverson Road, West Hampstead NW6 2
£2,20006/240.15 miMaygrove Road, London, , NW6 2ED2
£2,09709/240.15 miBrassey Road, West Hampstead2
£2,40007/240.16 miHolmdale Road, West Hampstead, NW62
£2,40006/240.16 miMaygrove Road, West Hampstead, London, NW62
£3,25007/240.16 miIverson Road, West Hampstead, NW62
£3,25008/240.16 miIverson Road, West Hampstead, NW62
£2,50008/240.16 mi-2
£3,00007/240.16 miKingdon Road, West Hampstead, NW62
£3,00009/240.16 miKingdon Road, West Hampstead, NW62
£2,50008/240.16 miNarcissus Road, West Hampstead, NW62
£2,40006/240.17 miKingdon Road, West Hampstead NW62
£2,49206/240.17 miAmbassador Court, Holmdale Road, West Hampstead, NW62
£2,25009/240.17 mi-2
£2,35009/240.17 miWest Hampstead, London, NW62
£2,90011/240.17 mi-2
£2,20006/240.17 miMedley Road, West Hampstead, London, NW62
£2,90007/240.17 miMedley Road, London, NW62
£3,50008/240.17 miHolmdale Road London NW62
£2,55006/240.17 miLoveridge Road, London, NW62
£2,74706/240.18 miLoveridge Road, London, NW62
£2,69506/240.18 miLoveridge Road, London, NW62
£2,69506/240.18 miLoveridge Road, London, NW62
£1,92806/240.18 miKingdon Road, West Hampstead NW62
£2,40006/240.18 miKingdon Road West Hampstead NW62

Local Area Statistics

Population in NW6

62,056

Population in London

4,771,921

Town centre distance

4.18 miles away

Nearest school

0.20 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £420,000

March 7, 2025

Floor Plans

Description

  • Wooden Flooring +
  • Investment Opportunity +
  • Fully Fitted Kitchen +
  • Ample Storage +

O.I.G Real Estate are pleased to bring to market this well-located investment opportunity.

This bright & spacious apartment benefits from wooden flooring, natural light & ample storage. Whilst being loosely split into two apartments, this unique property can be easily reinstated into one single dwelling by the seller or future owner. Furthermore, Iverson Road is positioned near West Hampstead & Brondesbury Park where you'll have easy access to a multitude of shops, parkland, & excellent transport links, making this a fantastic opportunity in a prime location.

Agent Details

OIG Real Estate Limited, London

020 4572 3676

Next Steps?

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