2 Bed Terraced House, Single Let, London, NW2 5NX, £435,000

Preston Place, Willesden Green, London, NW2 5NX - a month ago

BTL

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£335.2K - £1.2M
Sold Prices/m²	£2.4K/m² - £12.3K/m²

Square Metres	~68.11 m²
Price/m²	£6.4K/m²
Value Estimate	£500,564£500,564
BMV	15%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£108,750£108,750
Stamp Duty & Legal Fees	£32,200£32,200
Total Cash In	£140,950£140,950

Cash Out
Rent Range	£1,650 - £2,500£1,650 - £2,500
Rent Estimate	£1,681
Running Costs/mo	£1,716£1,716
Cashflow/mo	£-35£-35
Cashflow/yr	£-415£-415
Gross Yield	5%5%

Local Sold Prices

21 sold prices from £335.2K to £1.2M, average is £549.5K. £2.4K/m² to £12.3K/m², average is £7.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£450K	11/23	0.03 mi	39b, Chaplin Road, London, Greater London NW2 5PP	-	-	2	Terraced House
£838K	10/23	0.07 mi	8, Chaplin Road, London, Greater London NW2 5PN	£7,629	110	2	Terraced House
£549K	10/22	0.18 mi	166b, Chapter Road, London, Greater London NW2 5NA	-	-	2	Terraced House
£450K	04/24	0.43 mi	96, Chambers Lane, London, Greater London NW10 2RP	-	-	2	Semi-Detached House
£520K	01/24	0.44 mi	65, Bryan Avenue, London, Greater London NW10 2AS	£7,324	71	2	Semi-Detached House
£665K	07/23	0.47 mi	14a, Park Avenue, London, Greater London NW2 5AP	£8,313	80	2	Semi-Detached House
£590K	05/23	0.47 mi	27, Gay Close, London, Greater London NW2 4PR	£9,672	61	2	Terraced House
£585K	11/22	0.5 mi	12, Marley Walk, London, Greater London NW2 4PX	£7,349	80	2	Terraced House
£531K	10/22	0.58 mi	28, Staverton Road, London, Greater London NW2 5HL	£2,436	218	2	Semi-Detached House
£1.1M	12/21	0.69 mi	153, Anson Road, London, Greater London NW2 4AL	-	-	2	Detached House
£550K	12/23	0.77 mi	17a, Bermans Way, London, Greater London NW10 1RY	£7,534	73	2	Bungalow
£335.2K	02/23	0.8 mi	144, Dollis Hill Avenue, London, Greater London NW2 6RF	-	-	2	Semi-Detached House
£1.2M	10/21	0.85 mi	101, Herbert Gardens, London, Greater London NW10 3BH	£9,466	131	2	Terraced House
£607K	07/23	0.85 mi	22, Ridley Road, London, Greater London NW10 5UA	-	-	2	Terraced House
£549.5K	01/24	0.86 mi	16, Clement Close, London, Greater London NW6 7AL	£6,174	89	2	Terraced House
£460K	10/23	0.87 mi	64, Gresham Road, London, Greater London NW10 9BY	-	-	2	Semi-Detached House
£462.5K	06/21	0.95 mi	63, Rucklidge Avenue, London, Greater London NW10 4QA	£6,903	67	2	Terraced House
£725K	05/24	0.96 mi	24, Spezia Road, London, Greater London NW10 4QJ	£12,288	59	2	Terraced House
£385K	03/21	0.97 mi	Flat 34, Ashford Court, Ashford Road, London, Greater London NW2 6BW	£5,746	67	2	Terraced House
£590K	10/20	0.98 mi	106, Rucklidge Avenue, London, Greater London NW10 4PR	£6,942	85	2	Terraced House
£445K	06/23	0.99 mi	11, Woodbridge Close, London, Greater London NW2 6YN	-	-	2	Terraced House

Local Rents

51 rents from £1.6K/mo to £2.5K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,820	06/24	0.05 mi	Belton Road, Willesden Green NW2	2	Flat
£1,799	07/24	0.05 mi	Belton Road, London, NW2 5PE	2	Flat
£1,900	05/24	0.05 mi	-	2	Flat
£1,900	06/24	0.06 mi	Chaplin Road, Willesden, NW2	2	Flat
£2,250	07/24	0.07 mi	Chaplin Road, Willesden, London, NW2	2	Flat
£2,250	08/24	0.07 mi	Chaplin Road, Willesden, London, NW2	2	Flat
£1,750	07/24	0.07 mi	Chaplin Road, London	2	Flat
£2,200	10/24	0.08 mi	-	2	Flat
£1,750	02/25	0.1 mi	-	2	Flat
£2,100	01/25	0.13 mi	-	2	Flat
£2,300	08/24	0.14 mi	Deacon Road, London, NW2	2	Flat
£2,300	08/24	0.14 mi	-	2	Flat
£2,250	08/24	0.14 mi	-	2	Flat
£2,200	10/24	0.14 mi	-	2	Flat
£2,384	08/24	0.14 mi	Chapter Road, Willesden, London, NW2	2	Semi-Detached House
£2,200	03/24	0.15 mi	Litchfield Gardens, London, NW10	2	Flat
£1,800	06/24	0.15 mi	Chaplin Road, Willesden Green, London	2	Terraced House
£1,863	06/24	0.16 mi	Chapter Road, Willesden Green NW2	2	Flat
£2,448	06/24	0.16 mi	-	2	Flat
£2,448	06/24	0.16 mi	-	2	Flat
£2,383	06/24	0.16 mi	-	2	Flat
£2,300	07/24	0.16 mi	-	2	Flat
£1,902	06/24	0.16 mi	Sandringham Road, Willesden	2	Flat
£2,167	07/24	0.16 mi	Pound Lane, Willesden, NW10	2	Flat
£1,800	09/24	0.16 mi	-	2	Flat
£1,800	08/24	0.16 mi	Chapter Road, London, NW2	2	Flat
£2,000	10/24	0.17 mi	-	2	Flat
£1,846	07/24	0.17 mi	Chapter Road, Willesden Green	2	Flat
£1,950	07/24	0.18 mi	Colin Road, Wilesden	2	Flat
£1,650	03/25	0.18 mi	-	2	Flat
£1,650	03/25	0.18 mi	-	2	Flat
£1,703	07/24	0.19 mi	Chapter Road, Willesden Green	2	Flat
£1,900	07/24	0.2 mi	Sandringham Road, London	2	Flat
£2,500	09/24	0.2 mi	-	2	Flat
£1,725	01/25	0.2 mi	-	2	Flat
£1,699	06/24	0.2 mi	Churchill Road, Willesden	2	Flat
£1,850	08/24	0.21 mi	Dudden Hill Lane, London, NW10	2	Flat
£1,800	08/24	0.21 mi	Churchill Road, London, NW2	2	Flat
£1,700	09/24	0.23 mi	-	2	Flat
£1,950	06/24	0.23 mi	Windsor Road, Willesden, NW2	2	Flat
£1,950	07/24	0.23 mi	Windsor Road, Willesden, NW2	2	Flat
£2,100	07/24	0.23 mi	High Road, London, NW10	2	Flat
£2,100	08/24	0.23 mi	-	2	Flat
£2,100	07/24	0.24 mi	High Road, Willesden, London, NW10	2	Flat
£2,100	11/24	0.26 mi	-	2	Flat
£1,995	06/24	0.27 mi	High Road, Dollis Hill, NW10	2	Flat
£1,995	06/24	0.27 mi	High Road, London, NW10	2	Flat
£2,050	08/24	0.27 mi	Huddlestone, Willesden Green	2	Flat
£2,500	06/24	0.27 mi	Parkfield Road, London, NW10	2	Detached House
£1,995	07/24	0.28 mi	High Road, Dollis Hill, NW10	2	Flat
£1,949	07/24	0.28 mi	Beautiful 2 Bed Flat, High Road, Willesden Green, NW10 2PP	2	Flat

Local Area Statistics

Population in NW2	67,39367,393
Population in London	4,771,9214,771,921
Town centre distance	5.83 miles away5.83 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.23 miles away0.23 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £435,000

March 28, 2025

Floor Plans

Description

Querky two storey building with loads of potential +
Own entrance +
Over two levels +
Close to the numerous amenities' of the local area +
Freehold +
Possible roof terrace +

Unique Two-Bedroom Freehold Mews House with Endless Potential... discover this charming two-bedroom mews property with its own private entrance, a blank canvas ready for your personal touch. Spanning 794 sq. ft. over two floors, this freehold home features beautiful timber flooring and offers versatile living space.

The ground floor boasts a spacious living area, ideal for entertaining or relaxation. A staircase leads to the first floor, where you'll find two well-proportioned double bedrooms and a large family bathroom.

Perfectly positioned within walking distance of both Dollis Hill and Willesden Green tube stations, you'll enjoy excellent transport links alongside an array of local shops, cafes, bars, and restaurants. This distinctive property offers a rare opportunity to create a truly unique living space in a vibrant and well-connected area.

Open Plan Living/Dining Area - 7.01m x 5.51m (23'0" x 18'1") -

Kitchen/Dining Area -

Open Plan Stairs From Ground To First -

First Floor Landing -

Double Bedroom - 3.86m x 3.38m (12'8" x 11'1) -

Double Bedroom - 3.35mx2.97m (11'0x9'9) -

Family Bathroom - 2.77mx2.36m (9'1x7'9) -

Exterior Of Building & Street -

Agent Details

Warwick Estate Agents, London

020 3870 5464

Next Steps?

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

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