2 Bed Flat, Refurb/BRRR, London, NW6 5PU, £435,000

Malvern Road, Maida Vale, NW6 5PU - 3 views - 23 days ago

Sold STC
Refurb/BRRR
~68 m²
+4 photos

ValuationFair Value

Sold Prices£315K - £1.1M
Sold Prices/m²£5K/m² - £12.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.4K/m²

Value Estimate

£435,000

 

 

End Value (After Refurb)

£622,886

Uplift in Value

+43%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£108,750

Stamp Duty & Legal Fees

£32,200

Refurb Costs

£36,115

Bridging Loan Interest

£11,419

Total Cash In

£190,233

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£622,886

Agent Fees (1%)

£6,229

Bridging Loan

£326,250

Bridging Loan Interest

£11,419

Flip Profit

£100,174

Local Sold Prices

50 sold prices from £315K to £1.1M, average is £586.4K. £5K/m² to £12.7K/m², average is £8.4K/m².

PriceDateDistanceAddressBeds 
£670K06/210.08 mi101a, Malvern Road, London, Greater London NW6 5PU2
£500K11/210.08 mi91c, Malvern Road, London, Greater London NW6 5PU2
£455K10/230.08 miFlat B, 71, Malvern Road, London, Greater London NW6 5PU2
£610K03/230.11 mi25c, Croxley Road, London, Greater London W9 3HH2
£535K09/230.12 mi186b, Shirland Road, London, Greater London W9 3JF2
£525K10/210.13 mi88a, Walterton Road, London, Greater London W9 3PQ2
£510K06/210.13 miFirst Floor Flat, 14, Croxley Road, London, Greater London W9 3HL2
£457K10/200.13 mi181b, Shirland Road, London, Greater London W9 2EU2
£800K02/240.14 miEssendine Mansions, Flat 54, Essendine Road, London, Greater London W9 2LY2
£525K02/230.15 miFirst Floor Flat, 33, Denholme Road, London, Greater London W9 3HT2
£800K10/200.15 mi3b, Lydford Road, London, Greater London W9 3LU2
£757.5K03/210.18 miFlat 88, Wymering Mansions, Wymering Road, London, Greater London W9 2NE2
£785K08/230.18 miFlat 89, Wymering Mansions, Wymering Road, London, Greater London W9 2NE2
£575.5K05/230.18 miFlat 75, Southwold Mansions, Widley Road, London, Greater London W9 2LF2
£532K03/210.19 miRaised Ground Floor Flat, 19, Lanhill Road, London, Greater London W9 2BS2
£750K09/230.2 miSecond Floor Flat, 151, Saltram Crescent, Maida Vale, London, Greater London W9 3JT2
£840K06/230.2 miFlat 164, Wymering Mansions, Wymering Road, London, Greater London W9 2NG2
£645K03/210.21 mi159a, Shirland Road, London, Greater London W9 2EP2
£895K08/230.21 miFlat 66, Wymering Mansions, Wymering Road, London, Greater London W9 2ND2
£670K09/230.21 miFlat 31, Southwold Mansions, Widley Road, London, Greater London W9 2LE2
£624K06/210.22 miFlat 3, Cleveland Mansions, Widley Road, London, Greater London W9 2LA2
£700K08/230.22 miFlat 6, Cleveland Mansions, Widley Road, London, Greater London W9 2LA2
£505K03/210.22 mi29, Riverton Close, London, Greater London W9 3DS2
£1.1M01/210.22 miFlat 54, Morshead Mansions, Morshead Road, London, Greater London W9 1LF2
£780K02/210.23 miFlat 31, Wymering Mansions, Wymering Road, London, Greater London W9 2NB2
£617.5K05/210.23 miFirst Floor Flat, 69, Elgin Avenue, London, Greater London W9 2DB2
£720K01/230.23 miFlat 3, Southwold Mansions, Widley Road, London, Greater London W9 2LE2
£542K06/210.23 miFlat B, 135, Ashmore Road, London, Greater London W9 3DA2
£565K12/200.24 mi43c, Barnsdale Road, London, Greater London W9 3LL2
£1.1M11/230.24 mi99e, Elgin Avenue, London, Greater London W9 2NP2
£980K06/230.25 miFlat 10, Morshead Mansions, Morshead Road, London, Greater London W9 1LE2
£481K01/240.25 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£481K01/240.25 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£485K07/230.25 miFirst Floor Flat, 141, Fernhead Road, London, Greater London W9 3ED2
£700K07/230.26 miFirst Floor Flat, 117, Elgin Avenue, London, Greater London W9 2NR2
£535K09/230.26 miFlat 26, Franklin House, Carlton Vale, London, Greater London NW6 5BZ2
£390K03/210.27 miFlat 17, Chesney Court, Shirland Road, London, Greater London W9 2EG2
£421K11/200.27 mi2, Portgate Close, London, Greater London W9 3DL2
£465K11/210.27 mi12, Portgate Close, London, Greater London W9 3DL2
£597.3K08/240.28 mi163, Second Floor Flat, Saltram Crescent, Maida Vale, London, Greater London W9 3JU2
£550K04/210.29 mi76a, Ashmore Road, London, Greater London W9 3DG2
£410K03/210.29 mi76b - 76c, Ashmore Road, London, Greater London W9 3DG2
£1.1M05/230.3 miFlat 82, Elgin Mansions, Elgin Avenue, London, Greater London W9 1JN2
£315K05/210.31 miThird Floor Flat, 75, Bravington Road, London, Greater London W9 3AA2
£610K03/210.31 mi67a, Bravington Road, London, Greater London W9 3AA2
£505K01/210.31 miFlat 21, Marble House, Elgin Avenue, London, Greater London W9 3PS2
£650K11/200.31 miGround Floor Flat, 179, Ashmore Road, London, Greater London W9 3DB2
£512.5K06/210.32 mi12a, Mozart Street, London, Greater London W10 4LA2
£687K11/210.32 miFlat 146, Delaware Mansions, Delaware Road, London, Greater London W9 2LL2
£510K01/210.32 mi47a, Princess Road, London, Greater London NW6 5QT2

Local Rents

53 rents from £900/mo to £3.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,25007/240 miMalvern Road, London2
£1,85007/240.01 miMalvern Road, Queens Park NW62
£2,30010/240.03 mi-2
£3,00002/250.04 mi-2
£1,70010/240.04 mi-2
£3,00006/240.05 mi-2
£3,25002/250.05 mi-2
£2,60008/240.06 miMalvern Road, Maida Hill, London, NW62
£2,60008/240.06 miMalvern Road, Maida Hill, London, NW62
£3,01208/240.07 miKilburn Park Road, Kilburn, London, NW62
£2,38406/240.07 miMalvern Road, Maida Hill, London, NW62
£2,20002/240.07 mi-2
£3,25003/250.07 mi-2
£2,20010/240.07 miCroxley Road, London, W92
£3,00006/240.08 miArgo House, Kilburn Park Road, Maida Vale2
£2,80006/240.08 miArgo House, Kilburn Park Road, Maida Vale2
£2,99006/240.08 miArgo House, 180 Kilburn Park Road, London, NW62
£2,70006/240.08 miArgo House, 180 Kilburn Park Road, Maida Vale2
£2,70007/240.08 miArgo House, 180 Kilburn Park Road, Maida Vale2
£2,50007/240.08 miArgo House, 180 Kilburn Park Road, Maida Vale2
£2,60007/240.08 miArgo house, 180 Kilburn Park Road, Maida Vale2
£2,92507/240.08 miKilburn Park Road Maida Vale NW62
£2,92510/240.08 mi-2
£1,50006/240.08 mi-2
£1,70003/250.08 mi-2
£1,97508/240.08 miMalvern Road, London2
£2,62508/240.09 miKilburn Park Road London NW62
£2,50008/240.09 miKilburn Park Road, Maida Vale, NW62
£2,50008/240.09 miKilburn Park Road London NW62
£2,50008/240.09 miKilburn Park Road, Maida Vale, NW62
£2,50008/240.09 miKilburn Park Road London NW62
£2,62508/240.09 miKilburn Park Road London NW62
£2,62508/240.09 miKilburn Park Road, NW62
£2,74706/240.09 miArgo House, 180 Kilburn Park Road, London, NW62
£2,20008/240.09 miKilburn Park Road, London, NW62
£2,20008/240.09 mi-2
£2,40010/240.09 mi-2
£2,34907/240.09 miMalvern Road, Kilburn Park, NW62
£2,34907/240.09 miMalvern Road, Kilburn Park, NW62
£2,38308/240.09 miMalvern Road, Maida Vale, NW62
£2,92506/240.09 miChippenham Gardens, Kilburn, London, NW62
£3,50010/240.1 mi-2
£2,95501/250.1 mi-2
£2,95502/250.1 mi-2
£2,50010/240.1 mi-2
£2,50010/240.11 mi-2
£90006/240.11 mi-2
£90009/240.11 mi-2
£90009/240.11 mi-2
£90009/240.11 mi-2
£3,00010/240.12 mi-2
£2,10008/240.13 miMalvern Road, West Kilburn, London2
£2,38310/240.13 miShirland Road, Kilburn Park, W92

Local Area Statistics

Population in NW6

62,056

Population in London

4,771,921

Town centre distance

3.94 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £435,000

March 11, 2025

Description

  • Gas Central Heating +
  • Double Glazed +
  • Fantastic location +
  • Fitted Kitchen +
  • Close to tube +
  • High Ceilings +
  • Bus Nearby +
  • Near Schools +

Nestled within a charming period conversion, this 1st Floor 2-bedroom apartment offers a unique opportunity to create your dream home in the sought-after NW6 area.

Key Features:

Spacious Layout: The property features two well-proportioned bedrooms, ideal for a growing family, professionals, or as a rental investment.

Potential for Modernisation: While the property would benefit from updating and some repairs, it presents an excellent blank canvas to design a stylish and contemporary living space tailored to your preferences.

Period Charm: Situated in a house conversion, the property retains elements of period character that could be seamlessly integrated into a modern refurbishment.

Prime Location: Located on Malvern Road, the property is close to excellent transport links, vibrant local amenities, and green spaces, making it an ideal base in NW6.

This apartment offers an exciting opportunity for buyers looking to add value and create a bespoke home in a desirable location.

Agent Details

Homesforth Ltd, London

020 3987 0131

Next Steps?

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