3 Bed Flat, Single Let, London, W5 3ER, £450,000

Hanger Court, Hanger Green, London, W5 3ER - 1 views - 17 days ago

Auction

BTL

ROI: 4%

~93 m²

+9 photos

ValuationUndervalued

Sold Prices	£350K - £1.1M
Sold Prices/m²	£6.6K/m² - £9.3K/m²

Square Metres	~93 m²
Price/m²	£4.8K/m²
Value Estimate	£549,000£549,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£33,700£33,700
Total Cash In	£146,200£146,200

Cash Out
Rent Range	£2,150 - £4,400£2,150 - £4,400
Rent Estimate	£2,400
Running Costs/mo	£1,906£1,906
Cashflow/mo	£494£494
Cashflow/yr	£5,925£5,925
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

20 sold prices from £350K to £1.1M, average is £550K. £6.6K/m² to £9.3K/m², average is £7.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.1M	06/21	0.18 mi	66, Ashbourne Road, London, Greater London W5 3DJ	£9,298	121	3	Flat
£1.1M	06/21	0.18 mi	66, Ashbourne Road, London, Greater London W5 3DJ	£9,298	121	3	Flat
£510K	03/21	0.36 mi	Flat 122, Falcondale Court, Lakeside Drive, London, Greater London NW10 7FT	-	-	3	Flat
£500K	03/21	0.36 mi	Flat 94, Falcondale Court, Lakeside Drive, London, Greater London NW10 7FS	-	-	3	Flat
£540K	12/20	0.42 mi	Flat 30, Ayr Court, Monks Drive, London, Greater London W3 0EA	-	-	3	Flat
£540K	04/23	0.6 mi	Flat 4, Hereford House, Queens Drive, London, Greater London W3 0HX	-	-	3	Flat
£577K	01/21	0.62 mi	Flat 10, Thanet Court, Queens Drive, London, Greater London W3 0HW	-	-	3	Flat
£562.5K	11/20	0.66 mi	Flat 23, Rutland Court, Queens Drive, London, Greater London W3 0HL	-	-	3	Flat
£510K	10/20	0.78 mi	120, Ealing Village, London, Greater London W5 2EB	£7,612	67	3	Flat
£812.5K	02/23	0.79 mi	Flat B, 9, Park Hill, London, Greater London W5 2JS	-	-	3	Flat
£540K	11/23	0.81 mi	79, Ealing Village, London, Greater London W5 2EA	£6,585	82	3	Flat
£560K	01/21	0.87 mi	48, Ealing Village, London, Greater London W5 2LZ	£7,000	80	3	Flat
£575K	04/23	0.88 mi	16b, Inglis Road, London, Greater London W5 3RN	-	-	3	Flat
£350K	06/21	0.89 mi	2, Ealing Village, London, Greater London W5 2LY	-	-	3	Flat
£500K	06/23	0.89 mi	15, Ealing Village, London, Greater London W5 2LY	£7,813	64	3	Flat
£500K	01/21	0.94 mi	178, Creffield Road, London, Greater London W3 9PX	£7,143	70	3	Flat
£620K	03/23	0.95 mi	Flat 22, Hamilton Court, Hamilton Road, London, Greater London W5 2EJ	-	-	3	Flat
£640K	11/20	0.95 mi	Flat 22, Thorpe Hall Mansions, Eaton Rise, London, Greater London W5 2HB	-	-	3	Flat
£535K	12/20	0.95 mi	Flat 11, Thorpe Hall Mansions, Eaton Rise, London, Greater London W5 2HB	-	-	3	Flat
£720K	03/21	0.95 mi	Flat 25, Montpelier Court, Montpelier Road, London, Greater London W5 2QN	-	-	3	Flat

Local Rents

27 rents from £2.1K/mo to £4.4K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,795	07/24	0.21 mi	Baronet House, London, NW10	3	Flat
£2,817	09/24	0.22 mi	Lake Side Drive, Park Royal, NW10	3	Flat
£2,700	07/24	0.26 mi	Lakeside Drive, Park Royal, London	3	Flat
£2,717	07/24	0.29 mi	Viscount House, Regency Heights, NW10	3	Flat
£2,150	10/24	0.29 mi	Hanger Lane, Hanger Hill, London, W5	3	Flat
£2,900	07/24	0.32 mi	7 Lakeside Drive, Park Royal, NW10	3	Flat
£2,600	10/24	0.32 mi	Hanger Lane, London, W5 1EW	3	Flat
£2,800	06/24	0.34 mi	Abbotsford Court, Lakeside Drive, NW10	3	Flat
£3,000	01/25	0.36 mi	-	3	Flat
£2,474	07/24	0.37 mi	Lakeside Drive, Ealing	3	Flat
£2,650	08/24	0.37 mi	Falcondale court, London, NW10	3	Flat
£2,687	08/24	0.37 mi	Lakeside Drive, North Acton, NW10 7FS – 3 Bedrooms Flat	3	Flat
£2,747	06/24	0.39 mi	Lakeside Drive, Acton	3	Flat
£2,500	10/24	0.4 mi	Hillcrest Road, London, W5	3	Flat
£2,500	07/24	0.46 mi	Indigo House, Lapis Close, London, NW10	3	Flat
£2,400	10/24	0.47 mi	Chester Court, Monks Drive, West Acton	3	Flat
£2,400	10/24	0.47 mi	Flat , Chester Court, Monks Drive, London	3	Flat
£2,150	12/24	0.49 mi	-	3	Terraced House
£2,500	01/25	0.53 mi	-	3	Semi-Detached House
£3,400	03/25	0.55 mi	-	3	Semi-Detached House
£2,700	06/24	0.55 mi	Moyne Place London NW10	3	Flat
£4,400	10/24	0.56 mi	-	3	Flat
£4,400	10/24	0.56 mi	Saxon Drive, London, W3	3	Flat
£2,197	07/24	0.56 mi	Waverley Gardens, Hanger Lane, NW10 7EE	3	Terraced House
£2,495	10/24	0.59 mi	-	3	Flat
£3,500	03/25	0.59 mi	-	3	Detached House
£3,000	10/24	0.59 mi	Deena Close, Acton, W3 0HR	3	Flat

Local Area Statistics

Population in W5	49,95249,952
Population in London	4,771,9214,771,921
Town centre distance	7.72 miles away7.72 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.06 miles away0.06 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+5%+5%

Property History

Listed for £450,000

March 18, 2025

Description

This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than two working days from the bidding closing time. +
This listing is provided in association with Foxtons, London's leading estate agent. +
Spacious three bedroom flat with bright, and airy living space +
Contemporary kitchen with integrated appliances +
Good-sized master bedroom with fitted wardrobes +
Two further bedrooms +
Modern bathroom with separate WC +
Communal garden and garage +
Gross internal floor area is approximately 924 Sq Ft (85.84 Sq M) +
Online Auction on Thursday, 24 April 2025 +

This light and airy three bedroom flat has been recently refurbished to a high standard throughout and benefits from off-street parking and communal gardens. Additional Comments BidX1 and Foxtons are working in Partnership as Joint Agents for the online auction and due to this any enquiries, viewings, bids or offers on the property will require your details to be shared between both Bidx1 & Foxtons. Viewings are by appointment only unless open house times are displayed, please contact us to book your appointment with our Auction teams. Subject to confirmation This means the buyer is invited to place a bid at or above the opening bid price of the listed property. Once bidding is closed, the vendor has 48 hours to decide if they want to accept the highest bid or not. If you are not the highest bidder your participation fee will be refunded in full within a maximum of 5 business days (unless delayed by the card provider) post the bidding closing time. If you are successful following vendor acceptance, in accordance with the authority you provided on registration, BidX1 will sign legally binding contracts relating to the sale of the property on behalf of you and the vendor.

Location:
Situated close to local shops, bars and amenities in Park Royal and for the motorist the nearby A406 and A40 (M) offer quick and convenient access to routes out of London.

Accomodation:
Second floor: living room, kitchen, three bedrooms, hallway, bathroom, WC.

Online Auction on Thursday, 24 April 2025. For further information, such as legal documents and property information, please visit bidx1.com.

Agent Details

BidX1, London

020 3910 6202

Next Steps?

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

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