4 Bed Flat, Refurb/BRRR, London, W9 3DE, £1,200,000

Ashmore Road, London, W9 3DE - 2 views - a month ago

Refurb/BRRR

Planning

~129 m²

+13 photos

ValuationFair Value

Sold Prices	£372K - £4.5M
Sold Prices/m²	£5.2K/m² - £15K/m²

Square Metres	~129.26 m²
Price/m²	£9.3K/m²
Value Estimate	£1,212,000£1,212,000

End Value (After Refurb)	£1,180,858£1,180,858

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£300,000£300,000
Stamp Duty & Legal Fees	£122,450£122,450
Refurb Costs	£68,400£68,400
Bridging Loan Interest	£31,500£31,500
Total Cash In	£524,100£524,100

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,180,858£1,180,858
Mortgage (After Refinance)	£885,643£885,643
Mortgage LTV	75%75%
Cash Left In	£524,100£524,100
Equity	£295,214£295,214
Rent Range	£805 - £7,000£805 - £7,000
Rent Estimate	£3,393
Running Costs/mo	£4,389£4,389
Cashflow/mo	£-996£-996
Cashflow/yr	£-11,949£-11,949
Gross Yield	3%3%

Local Sold Prices

48 sold prices from £372K to £4.5M, average is £1.4M. £5.2K/m² to £15K/m², average is £11.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.1M	01/23	0.61 mi	4a, Brondesbury Villas, London, Greater London NW6 6AA	-	-	4	Flat
£372K	07/23	0.68 mi	Raised Ground Floor Flat, 11, Victoria Road, Kilburn, London, Greater London NW6 6SX	£6,282	59	4	Flat
£1.1M	01/21	0.76 mi	Upper Maisonette, 19, Chesterton Road, London, Greater London W10 5LY	-	-	4	Flat
£535K	06/21	0.83 mi	Flat 11, Moulsford House, Westbourne Park Road, London, Greater London W2 5UN	-	-	4	Flat
£485K	06/23	0.92 mi	36b, Ashburnham Road, London, Greater London NW10 5SD	-	-	4	Flat
£2.3M	01/21	0.96 mi	Flat 22, Vale Court, Maida Vale, London, Greater London W9 1RT	-	-	4	Flat
£3.0M	03/21	0.97 mi	4, Randolph Crescent, London, Greater London W9 1DR	£14,874	199	4	Flat
£665K	09/21	1 mi	21b, Ainsworth Way, London, Greater London NW8 0SR	£7,917	84	4	Flat
£660K	10/20	1.04 mi	3b, Ainsworth Way, London, Greater London NW8 0SR	£5,238	126	4	Flat
£2.8M	11/21	1.06 mi	Upper Maisonette, 25, Blenheim Crescent, London, Greater London W11 2EF	-	-	4	Flat
£4.5M	08/23	1.16 mi	7a, Pembridge Villas, London, Greater London W11 3EN	£15,000	300	4	Flat
£2.7M	03/21	1.17 mi	Flat 50, South Lodge, Circus Road, London, Greater London NW8 9ET	-	-	4	Flat
£1.3M	03/23	1.18 mi	158b, Iverson Road, London, Greater London NW6 2HH	-	-	4	Flat
£2.1M	06/21	1.22 mi	Flat 6, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£1.8M	09/23	1.22 mi	Flat 8, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£1.7M	03/23	1.27 mi	Flat 41, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ	-	-	4	Flat
£1.6M	03/23	1.38 mi	60a, Dennington Park Road, London, Greater London NW6 1BD	-	-	4	Flat
£730K	03/21	1.43 mi	11a, Mill Lane, London, Greater London NW6 1NT	£12,167	60	4	Flat
£585K	03/21	1.45 mi	73, Furness Road, London, Greater London NW10 5UJ	-	-	4	Flat
£1.6M	06/21	1.45 mi	2, Broomsleigh Street, London, Greater London NW6 1QW	-	-	4	Flat
£476K	11/23	1.48 mi	First Floor Flat, 17, Canfield Place, London, Greater London NW6 3BT	£9,714	49	4	Flat
£2.4M	02/21	1.49 mi	Flat 31, Hanover House, St Johns Wood High Street, London, Greater London NW8 7DY	-	-	4	Flat
£1.4M	05/23	1.5 mi	Second Floor Flat, 4, Crediton Hill, London, Greater London NW6 1HP	-	-	4	Flat
£600K	10/23	1.51 mi	33, Worcester Mews, London, Greater London NW6 1XU	£5,825	103	4	Flat
£782.5K	12/20	1.52 mi	Flat 4, Robin House, Barrow Hill Estate, London, Greater London NW8 7AD	-	-	4	Flat
£2.5M	02/21	1.56 mi	Flat 89, North Gate, Prince Albert Road, London, Greater London NW8 7EJ	-	-	4	Flat
£2.8M	02/21	1.56 mi	Flat 61, North Gate, Prince Albert Road, London, Greater London NW8 7EH	-	-	4	Flat
£1.0M	08/23	1.58 mi	120, Cholmley Gardens, London, Greater London NW6 1AA	-	-	4	Flat
£810K	06/21	1.58 mi	Flat 5, Cumberland Mansions, West End Lane, London, Greater London NW6 1LL	-	-	4	Flat
£2.9M	12/20	1.6 mi	Ground Floor Flat, 83 - 86, Prince Albert Road, London, Greater London NW8 7RU	-	-	4	Flat
£1.0M	01/24	1.6 mi	80, Cholmley Gardens, London, Greater London NW6 1UN	-	-	4	Flat
£1.5M	02/23	1.61 mi	Flat 71, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JT	-	-	4	Flat
£3.6M	06/21	1.65 mi	Flat 36, Abbey Lodge, Park Road, London, Greater London NW8 7RJ	£14,008	261	4	Flat
£1.5M	11/21	1.66 mi	Flat 2, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JP	-	-	4	Flat
£1.4M	07/23	1.66 mi	Flat 8, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JP	-	-	4	Flat
£1.6M	04/21	1.66 mi	Flat 16, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JP	-	-	4	Flat
£1.2M	01/24	1.7 mi	Flat 12f, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BB	-	-	4	Flat
£2.5M	08/23	1.72 mi	Flat 10m, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BG	-	-	4	Flat
£1.5M	05/24	1.76 mi	19a, Langland Gardens, London, Greater London NW3 6QE	£11,753	127	4	Flat
£1.9M	12/21	1.8 mi	First Floor Flat, 26, Bracknell Gardens, London, Greater London NW3 7ED	£11,491	161	4	Flat
£990K	02/21	1.82 mi	Flat 2e, Hyde Park Mansions, Chapel Street, London, Greater London NW1 5BL	-	-	4	Flat
£982K	06/21	1.87 mi	Flat 22, Melcombe Court, Dorset Square, Marylebone, London, Greater London NW1 6EP	-	-	4	Flat
£397.5K	11/20	1.88 mi	Flat 62, Mackay House, White City Estate, London, Greater London W12 7PD	-	-	4	Flat
£1.1M	03/23	1.93 mi	Flat 155, Park West, Edgware Road, London, Greater London W2 2QP	£11,111	99	4	Flat
£1.7M	08/21	1.93 mi	Flat 76, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6QR	-	-	4	Flat
£1.4M	02/21	1.97 mi	Flat 18, Fursecroft, George Street, London, Greater London W1H 5LF	-	-	4	Flat
£1.4M	02/21	1.98 mi	Flat 18, Fursecroft, George Street, London, Greater London W1H 5LF	-	-	4	Flat
£2.0M	03/23	1.98 mi	18, Stanlake Villas, London, Greater London W12 7EX	£10,410	189	4	Flat

Local Rents

50 rents from £805/mo to £7K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,900	10/24	0.04 mi	Portnall Road, Queens Park W9	4	Flat
£2,950	10/24	0.04 mi	Fernhead Road, Queens Park, W9	3	Flat
£3,000	10/24	0.04 mi	Portnall Road, Maida Hill, London, W9	3	Flat
£2,947	10/24	0.05 mi	Fernhead Road, London, W9	3	Flat
£3,497	10/24	0.05 mi	Fernhead Road, London, W9	3	Flat
£2,500	10/24	0.06 mi	-	3	Flat
£2,700	10/24	0.08 mi	Bravington Road, Maida Vale	3	Flat
£2,700	10/24	0.08 mi	Bravington Road London W9	3	Flat
£3,500	10/24	0.09 mi	-	4	Semi-Detached House
£3,000	10/24	0.09 mi	-	3	Flat
£3,250	10/24	0.09 mi	-	3	Flat
£3,000	10/24	0.09 mi	Shirland Road, London, W9	3	Flat
£3,000	02/25	0.1 mi	-	3	Flat
£3,300	10/24	0.1 mi	-	3	Flat
£3,250	10/24	0.1 mi	Ashmore Road, London, W9	3	Flat
£3,354	10/24	0.11 mi	Denholme Road - Refurbished / 3 Double Bedrooms	3	Flat
£3,000	10/24	0.11 mi	-	3	Flat
£2,995	04/25	0.11 mi	-	3	Flat
£3,400	03/25	0.12 mi	-	3	Flat
£3,400	03/25	0.12 mi	-	3	Flat
£3,400	03/25	0.12 mi	-	3	Flat
£3,400	10/24	0.13 mi	-	4	Flat
£5,500	04/25	0.14 mi	-	4	Terraced House
£2,495	02/25	0.15 mi	-	3	Flat
£2,600	10/24	0.15 mi	-	3	Semi-Detached House
£2,600	10/24	0.15 mi	-	3	Semi-Detached House
£2,800	01/25	0.15 mi	-	3	Flat
£5,000	02/24	0.16 mi	-	3	Flat
£2,925	10/24	0.17 mi	Kilburn Lane, Queens Park W9	3	Flat
£4,199	10/24	0.17 mi	Kilburn Lane, Queens Park W9	4	Flat
£3,100	10/24	0.18 mi	-	3	Flat
£2,355	10/24	0.18 mi	Fernhead Road, West Kilburn, W9	3	Flat
£3,000	07/24	0.2 mi	-	3	Flat
£3,900	10/24	0.21 mi	-	5	Terraced House
£4,750	10/24	0.21 mi	Shirland Road, Maida Hill, London, W9	4	Flat
£5,980	10/24	0.22 mi	Caird Street, London, W10	4	Flat
£3,000	10/24	0.22 mi	-	3	Flat
£3,800	10/24	0.22 mi	-	3	Flat
£5,500	06/24	0.23 mi	Alderside Apartments, 35 Salusbury Road, Queens Park Place, London, NW6	3	Flat
£2,550	06/24	0.23 mi	-	3	Flat
£4,498	10/24	0.25 mi	Shirland Road, Maida Vale	4	Flat
£4,000	12/24	0.25 mi	-	3	Semi-Detached House
£3,600	11/24	0.26 mi	-	3	Flat
£3,250	02/25	0.26 mi	-	3	Semi-Detached House
£805	02/24	0.26 mi	-	3	House
£805	06/24	0.26 mi	-	3	Flat
£4,500	10/24	0.27 mi	-	5	Terraced House
£3,050	01/25	0.28 mi	-	3	Flat
£5,417	10/24	0.28 mi	Lydford Road, Maida Vale, London, W9	4	Flat
£7,000	04/25	0.3 mi	-	3	Flat

Local Area Statistics

Population in W9	37,72437,724
Population in London	4,771,9214,771,921
Town centre distance	4.19 miles away4.19 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.28 miles away0.28 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £1,200,000

March 11, 2025

Floor Plans

Description

Three storey house in need of complete modernisation and currently arranged in to 2 flats.

* Please note that no planning permission or buildings regulation approval was granted for the conversion *

This property is being sold on behalf of a corporate client. It is marketed subject to obtaining the grant of probate and must remain on the market until contracts are exchanged. As part of a deceased's estate it may not be possible to provide answers to the standard property questionnaire. Please refer to the agent before viewing if you feel this may affect your buying decision.
Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.

Outside

Access to a Garden

Situation

The property is moments from local shops and amenities, whilst a more extensive selection of shops, bars and restaurants can be found close by in Queen's Park. The nearest underground station is Queen's Park (Bakerloo Line). Property Ref Number: HAM-56675

Additional Information

Freehold
Local Authority: Westminster City
Council Tax Band: D

Agent Details

Hamptons, Maida Vale

020 3835 4606

Next Steps?

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

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