3 Bed Flat, Single Let, London, W2 1LR, £450,000

Braithwaite Tower, Hall Place, London, W2 1LR - 1 views - a month ago

Leasehold
Auction
BTL
ROI: 7%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£194.3K - £4.3M
Sold Prices/m²£5.9K/m² - £19.5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£553,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£2,297 - £8,246

Rent Estimate

£2,859

Running Costs/mo

£1,998

Cashflow/mo

£861

Cashflow/yr

£10,331

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £194.3K to £4.3M, average is £1.2M. £5.9K/m² to £19.5K/m², average is £11.2K/m².

PriceDateDistanceAddressBeds 
£530K06/210.12 miFlat 46, Fleming Court, St Marys Square, London, Greater London W2 1SE3
£585K01/210.12 miFlat 1, Fleming Court, St Marys Square, London, Greater London W2 1SE3
£1.1M01/210.13 miFlat 46, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SH3
£615K09/210.14 miFlat 45, Tadema House, Penfold Street, London, Greater London NW8 8PN3
£1.3M02/210.16 miFlat 13, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ3
£1.6M12/200.19 miFlat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL3
£1.6M12/200.19 miFlat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL3
£570K03/210.19 mi72, John Aird Court, London, Greater London W2 1UZ3
£2.4M03/210.21 miFlat A, 14, Maida Avenue, London, Greater London W2 1SR3
£443.5K04/210.28 mi159, Lisson Grove, London, Greater London NW8 8EB3
£825K03/210.29 miFirst Floor Flat, 10, Clarendon Gardens, London, Greater London W9 1AY3
£1.3M06/230.31 mi26c, Clarendon Gardens, London, Greater London W9 1AZ3
£1.8M10/210.31 miBasement, 22, Clarendon Gardens, London, Greater London W9 1AZ3
£1.1M06/210.35 mi65, St Michaels Street, London, Greater London W2 1QR3
£194.3K10/210.36 miFlat B, 2, Rossmore Road, London, Greater London NW1 6NJ3
£970K05/210.38 miFlat 9a, Oxford & Cambridge Mansions, Transept Street, London, Greater London NW1 5EJ3
£1.4M04/230.39 miFlat 60, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QS3
£1.3M03/240.39 miCentury Court, Flat 25, Grove End Road, London, Greater London NW8 9LD3
£1.2M07/230.39 miFlat 31, Century Court, Grove End Road, London, Greater London NW8 9LD3
£3.8M01/210.41 mi22, Randolph Crescent, London, Greater London W9 1DR3
£1.6M06/230.42 mi3b, Randolph Crescent, London, Greater London W9 1DP3
£645K01/210.43 mi179, Scott Ellis Gardens, London, Greater London NW8 9RS3
£4.3M10/210.46 mi8a, Melina Place, London, Greater London NW8 9SA3
£865K12/220.46 miFlat 10, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU3
£2.0M10/220.48 mi95a, York Street, London, Greater London W1H 4QG3
£542.5K01/210.5 miFlat 45, Lords View, St Johns Wood Road, London, Greater London NW8 7HQ3
£1.2M05/210.51 mi132, Westbourne Terrace Mews, London, Greater London W2 6QG3
£525K08/210.53 mi29, Bourne Terrace, London, Greater London W2 6PA3
£1.4M06/210.54 miFlat 24, Melcombe Court, Dorset Square, London, Greater London NW1 6EP3
£1.6M07/210.54 miFlat 15, Vale Court, Maida Vale, London, Greater London W9 1RT3
£1.4M08/230.55 miFlat 62, Clarewood Court, Crawford Street, London, Greater London W1H 2NW3
£1.8M09/230.55 miFlat 71, Clarewood Court, Crawford Street, London, Greater London W1H 2NW3
£1.1M03/210.56 mi5a, Linhope Street, London, Greater London NW1 6ES3
£1.3M05/230.56 miFlat 129, Rossmore Court, Park Road, London, Greater London NW1 6XZ3
£800K10/230.56 miFlat 106, Rossmore Court, Park Road, London, Greater London NW1 6XZ3
£1.4M09/210.56 miThird And Fourth Floor Flat, 149, Sutherland Avenue, London, Greater London W9 1ES3
£970K06/230.57 miFlat 130, Ivor Court, Gloucester Place, London, Greater London NW1 6BT3
£1.0M03/210.57 miFlat 103, Ivor Court, Gloucester Place, London, Greater London NW1 6BS3
£1.1M10/200.57 miFlat 403, Elm Tree Court, Elm Tree Road, London, Greater London NW8 9JT3
£1.1M08/210.58 miFlat 45, Grove Hall Court, Hall Road, London, Greater London NW8 9NY3
£1.2M10/230.58 miFlat 40, Grove Hall Court, Hall Road, London, Greater London NW8 9NY3
£1.1M08/230.59 mi14, Sussex Square, London, Greater London W2 2SL3
£750K07/230.6 miFlat 410, Park West, Edgware Road, London, Greater London W2 2QT3
£760K06/230.6 miFlat 480, Park West, Edgware Road, London, Greater London W2 2QX3
£3.5M04/210.6 mi2, Lord Hills Road, London, Greater London W2 6PD3
£2.2M02/230.62 miFlat 18, Fursecroft, George Street, London, Greater London W1H 5LF3
£1.1M12/200.63 miFlat 14, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6AY3
£2.4M12/200.63 miFlat 75, South Lodge, Circus Road, London, Greater London NW8 9EU3
£1.0M03/210.64 miFlat 83, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX3
£1.2M03/210.64 miFlat 33, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX3

Local Rents

50 rents from £2.3K/mo to £8.2K/mo, average is £6.9K/mo.

RentDateDistanceAddressBeds 
£7,02001/250.08 mi-3
£3,79607/240.09 miFrampton Street, Edgware Road NW8 8NA3
£3,79207/240.09 miPenfold Street, St John's Wood, London, NW83
£8,24610/240.1 miGarrett Mansions, Edgware3
£7,11110/240.11 mi-3
£8,24610/240.11 miEdgware Road, London3
£2,29710/240.11 miHall Place, London3
£8,23301/250.11 mi-3
£7,25003/250.11 mi-3
£4,60007/240.11 miFrampton Street, St John's Wood, London3
£4,76707/240.12 miFrampton Street, St John's Wood, London3
£8,24610/240.12 miWest End Gate, London3
£3,35906/240.12 miChurch Street Estate, St John's Wood, London, NW83
£3,40007/240.14 miPenfold Street, St Johns Wood, London3
£7,50010/240.14 mi-3
£7,58310/240.14 mi-3
£7,75010/240.14 mi-3
£7,00010/240.14 mi-3
£4,00408/240.15 miNorthwick Terrace, London, NW83
£4,00008/240.15 miDicksee House, Lyons Place, NW83
£3,50008/240.17 miCooper House, Lyons Place, London3
£4,97908/240.17 miFisherton Street, London, NW83
£4,79706/240.17 miLuton Street, St. John's Wood3
£4,97908/240.17 miLuton Street, St. John's Wood3
£2,81708/240.18 miMedway House, Penfold Street, NW83
£6,00010/240.19 miLampard House, 8 Maida Avenue, W23
£4,11707/240.19 miWestminster Court, Aberdeen Place NW83
£6,04510/240.2 miDahlia House Paddington W23
£6,50010/240.2 miDahlia House Paddington W23
£6,91210/240.2 miMerchant Square East, Paddington, London W23
£6,91210/240.22 mi4B Merchant Square, London, W2, 3
£7,34510/240.22 mi4B Merchant Square, London, W2, 3
£3,68310/240.22 miHermitage Street Paddington W23
£7,34510/240.23 miMerchant Square East, London, W2.3
£7,34510/240.23 miMerchant Square East, London, W23
£7,15010/240.23 miPaddington, London, W23
£7,41001/250.23 mi-3
£6,91211/240.23 mi-3
£6,91110/240.23 miMerchant Square, Paddington, W23
£7,34410/240.23 miMerchant Square, Westminster, W23
£6,91210/240.23 miMerchant Square, Paddington, W23
£7,34510/240.23 miMerchant Square East, London3
£6,91110/240.23 miMerchant Square, Paddington, W23
£5,15710/240.23 miMerchant Square, Paddington W23
£6,91110/240.23 miMerchant Square, Harbet Road, Paddington, London W23
£7,34510/240.23 miMerchant Square, Paddington, London W23
£3,30002/240.23 mi-3
£3,15006/240.23 mi-3
£7,00006/240.24 mi-3
£7,00010/240.24 mi-3

Local Area Statistics

Population in W2

47,574

Population in London

4,771,921

Town centre distance

2.97 miles away

Nearest school

0.10 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Buyer's market

Capital growth (5yrs)

-15%

Property History

Listed for £450,000

March 19, 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. +
  • Wonderful three bedroom flat on the sixteenth floor +
  • Large reception room +
  • Private balcony +
  • Well-equipped kitchen +
  • Well-sized bedrooms +
  • Gross internal floor area is approximately 882 Sq Ft (81.94 Sq M) +
  • Online Auction on Thursday, 24 April 2025 +

This wonderful three bedroom flat on the sixteenth floor is well-presented throughout, featuring a large reception room looking onto a private balcony with sixteenth floor views, a well-equipped kitchen and three well-sized bedrooms. 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:
Located moments from Edgware Road Station and surrounded by local amenities, with green spaces and the canal also close by.

Accomodation:
Sixteenth floor: reception room, kitchen, three bedrooms, bathroom, WC, balcony.

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?

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