2 Bed Flat, Refurb/BRRR, London, NW6 2NP, £320,000

Cotleigh Road, West Hampstead, London, NW6 2NP - 9 views - a month ago

Leasehold
Cash
Refurb/BRRR
ROI: 1%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£230K - £1.4M
Sold Prices/m²£5.9K/m² - £18.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.7K/m²

Value Estimate

£320,000

 

 

End Value (After Refurb)

£627,338

Uplift in Value

+96%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£36,115

Bridging Loan Interest

£8,400

Total Cash In

£146,965

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£627,338

Agent Fees (1%)

£6,273

Bridging Loan

£240,000

Bridging Loan Interest

£8,400

Flip Profit

£234,100

Local Sold Prices

50 sold prices from £230K to £1.4M, average is £562.5K. £5.9K/m² to £18.7K/m², average is £10K/m².

PriceDateDistanceAddressBeds 
£935K04/240.01 mi8b, Dynham Road, London, Greater London NW6 2NR2
£640K04/210.04 miFlat 1, 19, Cotleigh Road, London, Greater London NW6 2NL2
£545K01/210.04 miFirst Floor Flat B, 61, Messina Avenue, London, Greater London NW6 4LG2
£879K08/230.09 mi9a, Gladys Road, London, Greater London NW6 2PU2
£440K09/230.1 miFlat 1, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£495K03/230.1 miFlat 20, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£900K05/230.11 mi24b, Hilltop Road, London, Greater London NW6 2PY2
£560K11/230.13 miGround Floor Flat, 27, Gascony Avenue, London, Greater London NW6 4NB2
£575K05/230.16 miGround And First Floor Flat, 63, Sherriff Road, London, Greater London NW6 2AS2
£430K05/210.17 mi15a, Kingsgate Road, London, Greater London NW6 4TD2
£725K05/210.25 mi32a, Burton Road, London, Greater London NW6 7LW2
£528K01/210.27 miFlat 22, West End Court, Priory Road, London, Greater London NW6 3NU2
£535K09/210.27 miFlat 20, West End Court, Priory Road, London, Greater London NW6 3NU2
£575K03/210.28 mi50, Glengall Road, London, Greater London NW6 7EP2
£670K03/230.29 miFlat C, 4, Dunster Gardens, London, Greater London NW6 7NH2
£880K07/230.3 miSecond Floor Flat, 111, Greencroft Gardens, London, Greater London NW6 3PE2
£395K09/230.3 miFirst Floor Flat, 13, Iverson Road, London, Greater London NW6 2QT2
£612K03/230.3 miSecond And Third Floor Flat, 20, Buckley Road, London, Greater London NW6 7NA2
£442K09/230.34 miFlat 15, James Stewart House, Dyne Road, London, Greater London NW6 7XY2
£720K09/210.35 miGround Floor Flat, 88, Maygrove Road, London, Greater London NW6 2ED2
£580K01/210.36 miFirst Floor Flat, 145, Sumatra Road, London, Greater London NW6 1PN2
£560K05/210.36 miFirst Floor Flat, 88, Glengall Road, London, Greater London NW6 7ER2
£925K04/230.37 miFlat B, 217, Goldhurst Terrace, London, Greater London NW6 3EP2
£845K08/230.39 mi42a, Kingsley Road, London, Greater London NW6 7RJ2
£578K06/210.39 miFlat A, 10, Charteris Road, London, Greater London NW6 7ET2
£297K07/210.39 mi23b, Maygrove Road, London, Greater London NW6 2EE2
£715K03/210.4 mi35b, Dennington Park Road, London, Greater London NW6 1BB2
£775K06/210.4 mi56a, Dennington Park Road, London, Greater London NW6 1BD2
£441K02/210.41 mi21c, Pandora Road, London, Greater London NW6 1TS2
£725K10/210.42 miGround Floor Flat, 30, Douglas Road, London, Greater London NW6 7RP2
£559K03/210.43 mi9, Algernon Road, London, Greater London NW6 6PU2
£388.5K08/210.44 miFlat 21, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2
£440K12/200.44 miFlat 27, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2
£550K07/230.46 miSecond Floor Flat, 17, Brondesbury Villas, London, Greater London NW6 6AH2
£575K06/210.48 mi55b, Fordwych Road, London, Greater London NW2 3TN2
£700K03/210.48 miGround Floor Flat, 65, Charteris Road, London, Greater London NW6 7EY2
£460K09/230.48 miFlat 127, Broadfield, Broadhurst Gardens, London, Greater London NW6 3QR2
£700K01/240.48 mi32a, Fordwych Road, London, Greater London NW2 3TG2
£525K03/210.48 mi7j, Rowley Way, London, Greater London NW8 0SF2
£855K01/230.49 miFirst Floor Flat, 99, Victoria Road, Kilburn, London, Greater London NW6 6TD2
£850K02/210.49 mi97a, Victoria Road, London, Greater London NW6 6TD2
£330K09/230.5 miFlat 73, Hillsborough Court, Mortimer Crescent, London, Greater London NW6 5NT2
£420K08/230.5 miFlat 2, Remsted House, Mortimer Crescent, London, Greater London NW6 5UT2
£360K02/230.5 miFlat 5, Hillsborough Court, Mortimer Crescent, London, Greater London NW6 5NR2
£1.4M12/200.52 mi63, Brondesbury Road, London, Greater London NW6 6BP2
£230K04/230.52 miGround Floor Flat, 25, Narcissus Road, London, Greater London NW6 1TJ2
£555K08/230.52 mi47d, Canfield Gardens, London, Greater London NW6 3JL2
£485K04/210.53 miFlat 21, Fairhurst, Compayne Gardens, London, Greater London NW6 3DJ2
£525K12/220.53 miFlat 19, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£565K06/210.53 miFlat 24, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2

Local Rents

50 rents from £1.9K/mo to £4.4K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,00006/240.02 miCotleigh Road, West Hampstead, London, NW62
£2,30008/240.03 miCotleigh Road, West Hampstead, NW62
£2,38006/240.03 miDynham Road, West Hampstead, NW62
£2,00006/240.04 miCotleigh Road, London2
£1,90004/250.04 mi-2
£3,00006/240.04 miMessina Avenue, West Hampstead, NW62
£3,00006/240.04 miMessina Avenue, West Hampstead, NW62
£3,00006/240.04 miMessina Avenue London NW62
£2,45007/240.05 miMessina Avenue, London, NW62
£2,45008/240.05 miMessina Avenue, London, NW62
£2,45009/240.05 mi-2
£2,00007/240.05 miMessina Avenue, West Hampstead, NW62
£1,95008/240.05 miMessina Avenue, West Hampstead, NW62
£3,15006/240.05 mi-2
£2,30009/240.05 mi-2
£2,20010/240.06 mi-2
£2,15006/240.06 miCotleigh Road, West Hampstead NW62
£3,00006/240.06 miMessina Avenue, West Hampstead, NW62
£2,99906/240.06 miMessina Avenue, West Hampstead, NW62
£2,95006/240.07 miHemstal Road, West Hampstead2
£2,57909/240.07 miWest End Lane, West Hampstead, London, NW62
£3,60006/240.08 miWest End Lane, West Hampstead, NW62
£3,00003/250.08 mi-2
£2,95006/240.08 miHemstal Road, London, NW62
£2,50008/240.08 miHemstal Road, West Hampstead, NW62
£2,75008/240.08 mi-2
£2,99908/240.08 miHemstal Road, West Hampstead, NW62
£2,99908/240.08 miHemstal Road, West Hampstead, NW62
£4,09507/240.08 mi-2
£2,99908/240.08 miHemstal Road, West Hampstead, NW62
£4,40012/240.09 mi-2
£1,89808/240.1 miWest End Lane, West Hampstead NW62
£2,80006/240.1 miGladys Road, London NW62
£2,99908/240.1 miLiddell Place, London, NW62
£2,25006/240.1 miHemstal Road, London, NW62
£2,50008/240.1 miHemstal Road, Beacon House Hemstal Road, NW62
£2,50007/240.1 miHemstal Road, West Hampstead, NW62
£2,25006/240.11 miMessina Avenue, London, NW62
£2,25006/240.11 mi-2
£2,30003/250.11 mi-2
£2,30006/240.11 miMessina Avenue, Kilburn, NW62
£2,35007/240.12 miMessina Avenue, London, NW62
£1,90006/240.12 miWest End Lane, West Hampstead NW62
£2,50007/240.12 miEmbassy House, London NW62
£2,25007/240.13 miGascony Avenue, NW62
£2,36208/240.13 miGascony Avenue, West Hampstead NW62
£2,05003/250.13 mi-2
£2,30006/240.13 miMazenod Avenue, West Hampstead NW62
£2,25008/240.13 miMessina Avenue West Hampstead NW62
£1,89808/240.14 miGascony Avenue, West Hampstead NW62

Local Area Statistics

Population in NW6

62,056

Population in London

4,771,921

Town centre distance

3.98 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £320,000

March 8, 2025

Floor Plans

Description

  • Cash buyers only due to short lease of 46yrs +
  • Exciting renovation opportunity +
  • West Hampstead located garden flat +
  • Victorian period architecture +
  • Chain free +
  • Viewings highly recommended +

* CASH BUYERS ONLY – SHORT LEASE OF 46 YRS REMAINING *

With some renovation, this charming two-bedroom Victorian garden flat in West Hampstead offers the discerning buyer fantastic opportunity to create a unique and lucrative space.

Located just moments from the vibrant West End Lane and Queens Park, this home is perfect for those seeking a peaceful yet vibrant neighbourhood.

Agent Details

CORE Residential, London

020 3840 3556

Next Steps?

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