2 Bed Flat, Single Let, London, NW7 1LD, £450,000

Peacock Close, Millbrook Park, NW7 1LD - 13 days ago

Leasehold

BTL

~68 m²

+9 photos

ValuationFair Value

Sold Prices	£228.8K - £653K
Sold Prices/m²	£3.7K/m² - £9.3K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/m²
Value Estimate	£454,073£454,073

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£36,200£36,200
Total Cash In	£148,700£148,700

Cash Out
Rent Range	£1,700 - £3,000£1,700 - £3,000
Rent Estimate	£1,763
Running Costs/mo	£1,779£1,779
Cashflow/mo	£-16£-16
Cashflow/yr	£-190£-190
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £228.8K to £653K, average is £407.5K. £3.7K/m² to £9.3K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£395K	06/21	0.3 mi	73, Bray Road, London, Greater London NW7 1SL	£5,896	67	2	Flat
£325K	03/23	0.3 mi	121, Bray Road, London, Greater London NW7 1SL	-	-	2	Flat
£340K	03/23	0.48 mi	Flat 33, Bittacy Court, Bittacy Hill, London, Greater London NW7 1HY	-	-	2	Flat
£355K	09/21	0.48 mi	11, Sanders Lane, London, Greater London NW7 1BX	£4,914	72	2	Flat
£410K	12/20	0.53 mi	6, Thornbury Close, London, Greater London NW7 1HH	£6,833	60	2	Flat
£350K	11/20	0.53 mi	11a, Bittacy Hill, London, Greater London NW7 1HS	£4,487	78	2	Flat
£400K	03/21	0.53 mi	38, Shillingford Close, London, Greater London NW7 1HQ	£6,667	60	2	Flat
£400K	02/24	0.54 mi	9, Shillingford Close, London, Greater London NW7 1HQ	£6,154	65	2	Flat
£400K	04/21	0.54 mi	40, Shillingford Close, London, Greater London NW7 1HQ	£6,667	60	2	Flat
£395K	07/23	0.54 mi	29, Shillingford Close, London, Greater London NW7 1HQ	£7,054	56	2	Flat
£535K	06/21	0.55 mi	5, Honiton Gardens, London, Greater London NW7 1GF	-	-	2	Flat
£405K	06/21	0.55 mi	10, Honiton Gardens, London, Greater London NW7 1GF	£6,778	60	2	Flat
£228.8K	09/23	0.56 mi	12a, Bittacy Hill, London, Greater London NW7 1LB	-	-	2	Flat
£286K	06/21	0.58 mi	Flat 15, Dollis Croft, Bittacy Hill, London, Greater London NW7 1HP	-	-	2	Flat
£450K	12/22	0.58 mi	28, Gordon Road, London, Greater London N3 1EJ	£5,921	76	2	Flat
£415K	11/20	0.59 mi	51, Grosvenor Road, London, Greater London N3 1EY	£6,684	62	2	Flat
£460K	04/21	0.6 mi	18, Grosvenor Road, London, Greater London N3 1EX	£7,077	65	2	Flat
£420K	06/21	0.6 mi	20, Seaton Square, London, Greater London NW7 1GB	£7,073	59	2	Flat
£450K	06/21	0.6 mi	61, Grosvenor Road, London, Greater London N3 1EY	£7,258	62	2	Flat
£575K	05/21	0.6 mi	45, Grosvenor Road, London, Greater London N3 1EY	£9,271	62	2	Flat
£343.5K	04/23	0.61 mi	20, Frith Court, London, Greater London NW7 1JP	-	-	2	Flat
£395K	10/20	0.61 mi	44, Frith Court, London, Greater London NW7 1JP	£6,371	62	2	Flat
£391.8K	03/21	0.61 mi	12, Frith Court, London, Greater London NW7 1JP	£6,122	64	2	Flat
£375K	06/21	0.61 mi	33, Frith Court, London, Greater London NW7 1JP	£5,859	64	2	Flat
£235K	12/20	0.61 mi	70, Eversleigh Road, London, Greater London N3 1JA	£3,730	63	2	Flat
£325K	02/23	0.61 mi	16, Seaton Square, London, Greater London NW7 1GB	£5,603	58	2	Flat
£305K	02/21	0.64 mi	Flat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW	-	-	2	Flat
£410K	04/21	0.65 mi	Ground Floor Maisonette, 83, Dollis Road, London, Greater London N3 1RD	-	-	2	Flat
£460K	06/21	0.65 mi	70a, Elm Park Road, London, Greater London N3 1EB	-	-	2	Flat
£450K	08/23	0.65 mi	55a, Dollis Road, London, Greater London N3 1RD	-	-	2	Flat
£436K	03/21	0.65 mi	55b, Dollis Road, London, Greater London N3 1RD	£7,267	60	2	Flat
£590K	12/20	0.66 mi	Ground Floor Flat, 25, Elm Park Road, London, Greater London N3 1EG	£8,939	66	2	Flat
£415K	04/21	0.71 mi	15a, Dollis Road, London, Greater London N3 1RB	-	-	2	Flat
£620K	06/21	0.74 mi	4, Howcroft Crescent, London, Greater London N3 1PB	£7,045	88	2	Flat
£370K	12/20	0.75 mi	26, Springfield Close, London, Greater London N12 7NT	£6,176	60	2	Flat
£415K	07/23	0.75 mi	10, Springfield Close, London, Greater London N12 7NT	£7,155	58	2	Flat
£398K	06/23	0.77 mi	Flat 13, Western Court, Huntly Drive, London, Greater London N3 1NX	-	-	2	Flat
£653K	06/21	0.77 mi	157, Holders Hill Road, London, Greater London NW7 1ND	-	-	2	Flat
£430K	01/21	0.78 mi	Flat 8, The Laurels, Nether Street, London, Greater London N3 1NP	-	-	2	Flat
£425K	04/21	0.78 mi	Flat 11, Dollis Court, Crescent Road, London, Greater London N3 1HR	-	-	2	Flat
£415K	06/21	0.82 mi	First Floor Flat, 60, Avondale Avenue, London, Greater London N12 8EN	£6,569	63	2	Flat
£390K	09/22	0.83 mi	12a, Milespit Hill, London, Greater London NW7 2PL	£6,500	60	2	Flat
£500K	06/21	0.85 mi	57, Dollis Park, London, Greater London N3 1HJ	£7,042	71	2	Flat
£405K	03/23	0.88 mi	Flat 17, Norman Court, Nether Street, London, Greater London N3 1QQ	-	-	2	Flat
£475K	06/21	0.89 mi	10, Falkland Avenue, London, Greater London N3 1QR	-	-	2	Flat
£472K	04/21	0.89 mi	2a, Falkland Avenue, London, Greater London N3 1QR	£6,941	68	2	Flat
£430K	06/21	0.89 mi	27a, Holden Road, London, Greater London N12 8HS	£4,886	88	2	Flat
£410K	09/21	0.89 mi	Flat 5, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£320K	02/21	0.89 mi	Flat 18, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat
£340K	10/23	0.89 mi	Flat 12, Gainsborough Court, Nether Street, London, Greater London N12 8AE	-	-	2	Flat

Local Rents

50 rents from £1.7K/mo to £3K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,400	08/24	0.02 mi	Peacock Close, London, NW7	2	Flat
£1,850	02/25	0.02 mi	-	2	Flat
£2,150	02/24	0.02 mi	-	2	Flat
£2,500	07/24	0.02 mi	Corn House, 1 Peacock Close	2	Flat
£2,300	06/24	0.02 mi	Peacock Close, London, NW7	2	Flat
£2,100	07/24	0.04 mi	Thirleby Road, London, NW7	2	Flat
£2,200	08/24	0.06 mi	-	2	Flat
£2,100	07/24	0.06 mi	Newhall House, Mill Hill East, London, NW7	2	Flat
£2,100	06/24	0.07 mi	Morphou Road, LONDON	2	Flat
£2,000	07/24	0.07 mi	Morphou Road, LONDON	2	Flat
£1,850	07/24	0.1 mi	-	2	Flat
£1,850	07/24	0.1 mi	Amport Place, London, NW7	2	Flat
£2,200	01/24	0.12 mi	-	2	Flat
£2,500	03/25	0.12 mi	-	2	Flat
£2,500	06/24	0.12 mi	Henry Darlot Drive, Mill Hill, London, NW7	2	Flat
£2,500	07/24	0.12 mi	Henry Darlot Drive, Mill Hill, London, NW7	2	Flat
£2,300	06/24	0.13 mi	Henry Darlot Drive, London, NW7	2	Flat
£2,300	06/24	0.13 mi	-	2	Flat
£2,300	07/24	0.13 mi	-	2	Flat
£2,500	09/24	0.14 mi	Snowe Building, Regiment Hill, NW7	2	Flat
£2,300	06/24	0.15 mi	Regiment Hill, Millbrook Park, Mill Hill East	2	Flat
£2,000	07/24	0.15 mi	Regiment Hill, Mill Hill	2	Flat
£2,700	07/24	0.16 mi	Maurice Browne Avenue, Mill Hill East	2	Flat
£2,495	07/24	0.16 mi	Maurice Browne Avenue, Mill Hill East	2	Flat
£2,500	06/24	0.17 mi	Fellow House, Mill Hill	2	Flat
£1,750	08/24	0.18 mi	Inglis Way, Mill Hill, London	2	Flat
£3,000	08/24	0.18 mi	Griffin Building, London, NW7	2	Flat
£2,700	10/24	0.18 mi	-	2	Flat
£1,950	02/24	0.22 mi	-	2	Flat
£1,850	08/24	0.24 mi	Henry Darlot Drive, Mill Hill, London	2	Flat
£2,200	11/24	0.25 mi	-	2	Semi-Detached House
£2,200	08/24	0.26 mi	Royal Engineers Way, London, NW7	2	Flat
£2,253	07/24	0.26 mi	Burghley House, 18 Royal Engineers Way, London, NW7	2	Flat
£2,300	02/25	0.26 mi	-	2	Flat
£2,800	07/24	0.26 mi	Royal Engineers Way, London, NW7	2	Flat
£2,600	07/24	0.27 mi	Inglis Way, London	2	Flat
£3,000	07/24	0.27 mi	Inglis Way, London	2	Flat
£2,600	10/24	0.27 mi	-	2	Flat
£2,050	02/24	0.27 mi	-	2	Flat
£2,100	06/24	0.29 mi	Bray Road, London, NW7	2	Flat
£2,400	07/24	0.3 mi	Burghley House, Royal Engineers Way, NW7	2	Flat
£2,300	06/24	0.31 mi	Harewood Avenue, Mill Hill, London, NW7	2	Flat
£2,400	07/24	0.31 mi	Royal Engineers Way, Millbrook Park, NW7 1SX	2	Flat
£2,850	01/25	0.31 mi	-	2	Flat
£2,400	07/24	0.31 mi	Royal Engineers Way, Millbrook Park, NW7 1SX	2	Flat
£2,400	06/24	0.31 mi	-	2	Flat
£2,400	02/25	0.31 mi	-	2	Flat
£1,700	03/24	0.32 mi	Hill Court, Bittacy Road, London, NW7	2	Flat
£2,400	06/24	0.32 mi	Royal Engineers Way, Mill Hill	2	Flat
£2,250	06/24	0.33 mi	Royal Engineers Way, Millbrook Park, NW7	2	Flat

Local Area Statistics

Population in NW7	25,13125,131
Population in London	4,771,9214,771,921
Town centre distance	7.29 miles away7.29 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.42 miles away0.42 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+5%+5%

Property History

Listed for £450,000

March 25, 2025

Floor Plans

Description

LARGE RECEPTION ROOM WITH BALCONY +
FITTED KITCHEN WITH INTEGRATED APPLIANCES / GRANITE TOPS +
BATHROOM / WC EN-SUITE SHOWER ROOM / WC +
DOUBLE GLAZED GAS C/HEATING (comm system) +
PASSENGER LIFT +
ALLOCATED OFF STREET CAR PARKING (gated u/ground car park) +
LONG LEASE +
CHAIN FREE +

Spacious TWO DOUBLE BEDROOM and TWO BATHROOM apartment on 2nd floor of 2008 built block being part of the Millbrook Park development, set in landscaped grounds close to open space. Mill Hill East underground station, ‘Waitrose’ supermarket, Virgin Active’ leisure facilities & primary schools are nearby.

* TWO DOUBLE BEDROOMS
* LARGE RECEPTION ROOM
* BALCONY
* FITTED KITCHEN WITH INTEGRATED APPLIANCES & GRANITE TOPS
* BATHROOM / WC
* EN-SUITE SHOWER ROOM / WC
* DOUBLE GLAZED
* NEUTRAL DECORATIONS & FLOORING, SOME LAMINATE & TILED FLOORS
* GAS CENTRAL HEATING (COMMUNAL SYSTEM)
* PASSENGER LIFT
* ALLOCATED OFF STREET CAR PARKING SPACE (In gated underground car park)
* LONG LEASE
* CHAIN FREE

ACCOMMODATION COMPRISES:

Two entrance doors to block, lower floor from Morphou Road and main entrance from Peacock Close.

Well maintained common hall. Passenger lift & stairs to all floors. Own front door to:

ENTRANCE HALL Built- in cupboards. Entryphone handset.

RECEPTION ROOM 20 x 10'8 (6.1m x 3.26m). Dual aspect windows. TV & telephone points. Door to BALCONY.

KITCHEN 9'6 x 7' (2.9m x 2.12m). Range of base & wall units incorporating built-in oven, hob, hood & microwave. Integrated fridge / freezer, washer / dryer & dishwasher. Under pelmet lighting. Tiled floor. Granite worktops with sink. Window to side.

BEDROOM ONE 13’ x 10’11 (3.91m x 3.33m) Max. TV & telephone points. Built-in wardrobe. Window to side. Door to:

EN-SUITE SHOWER ROOM / WC White suite of shower cubicle, wall hung wash basin & low level wc. Tiled floor

BEDROOM TWO 110'4 x 8'8 (3.14m x 2.63m). Window to side.

BATHROOM / WC White suite of panelled bath. Wall hung low level wc, wash basin. Part tiled walls. Tiled floor.

CAR PARKING Allocated off street car parking space (No.151) in gated under-croft parking area.

LEASE 250 years from 2008. I.E. 233yrs remaining.

SERVICE CHARGE We are advised for period 1/3/25 – 31/08/25 (6 months) £1,379.40. Plus reserve fund payment for same period of £173.08. (Includes gas charge for heating and hot water plus buildings insurance, maintenance, management fees, commual boiler service, lift maintenance etc).

SITE FEE To be advised.

GROUND RENT We are advised £300 pa.

COUNIL TAX Band E, Barnet.

EPC Band B.

The agent has not tested any apparatus, equipment, fixtures, fittings or services, and so cannot verify they are in working order, or fit for their purpose, nor has the agent checked the legal documentation to verify the tenure of the property. The buyer is advised to obtain verification from their solicitor or surveyor. Photographs are for illustration only and may depict items which are not for sale or included in the sale of the property. All measurements quoted are approximate and their accuracy should not be relied upon. A prospective purchaser must check the availability of any property and make an appointment to view before embarking on any journey.

Agent Details

Bennett & Hall, London

020 8346 2208

Next Steps?

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