2 Bed Detached House, Single Let, London, W9 3NQ, £595,000

Hormead Road, London, W9 3NQ - 3 views - a month ago

BTL

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£500K - £7.5M
Sold Prices/m²	£8.2K/m² - £28.5K/m²

Square Metres	~68.11 m²
Price/m²	£8.7K/m²
Value Estimate	£725,900£725,900
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£148,750£148,750
Stamp Duty & Legal Fees	£48,200£48,200
Total Cash In	£196,950£196,950

Cash Out
Rent Range	£1,712 - £4,900£1,712 - £4,900
Rent Estimate	£2,065
Running Costs/mo	£2,292£2,292
Cashflow/mo	£-227£-227
Cashflow/yr	£-2,728£-2,728
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £500K to £7.5M, average is £760K. £8.2K/m² to £28.5K/m², average is £10.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£555K	04/23	0.14 mi	44b, Portnall Road, London, Greater London W9 3BD	-	-	2	Terraced House
£718K	03/24	0.2 mi	24, Alperton Street, London, Greater London W10 4NQ	£9,836	73	2	Terraced House
£703K	04/24	0.2 mi	56, First Avenue, London, Greater London W10 4NL	£9,250	76	2	Terraced House
£790K	10/22	0.22 mi	37, Barfett Street, London, Greater London W10 4NP	£10,128	78	2	Terraced House
£815K	12/20	0.23 mi	1, Second Avenue, London, Greater London W10 4RN	£10,584	77	2	Terraced House
£647K	12/21	0.29 mi	23, Shirland Mews, London, Greater London W9 3DY	-	-	2	Terraced House
£680K	12/22	0.3 mi	13, Shirland Mews, London, Greater London W9 3DY	£10,462	65	2	Terraced House
£905K	09/22	0.31 mi	14, Enbrook Street, London, Greater London W10 4SF	£10,402	87	2	Terraced House
£1.4M	12/23	0.36 mi	5, Chippenham Mews, London, Greater London W9 2AN	£9,222	146	2	Terraced House
£870K	03/21	0.37 mi	4, Galton Street, London, Greater London W10 4QN	£11,600	75	2	Terraced House
£658K	12/22	0.4 mi	13, Malvern Mews, London, Greater London NW6 5PT	£9,821	67	2	Terraced House
£760K	10/22	0.4 mi	37, Lothrop Street, London, Greater London W10 4JB	£12,881	59	2	Terraced House
£785K	04/23	0.4 mi	45, Lothrop Street, London, Greater London W10 4JB	£11,056	71	2	Terraced House
£750K	06/21	0.4 mi	9, Lothrop Street, London, Greater London W10 4JB	£11,194	67	2	Terraced House
£530K	07/23	0.41 mi	196b, Fernhead Road, London, Greater London W9 3EL	-	-	2	Terraced House
£895K	08/23	0.43 mi	75, Kilravock Street, London, Greater London W10 4HY	-	-	2	Terraced House
£1000K	09/22	0.44 mi	15, Marne Street, London, Greater London W10 4JE	£15,999	63	2	Terraced House
£610K	04/21	0.44 mi	10, Marne Street, London, Greater London W10 4JE	£9,531	64	2	Terraced House
£2.3M	04/21	0.44 mi	14a, St Lukes Road, London, Greater London W11 1DP	£17,176	131	2	Terraced House
£730K	04/24	0.44 mi	76, Lothrop Street, London, Greater London W10 4JD	£9,359	78	2	Terraced House
£745K	12/22	0.44 mi	83, Lothrop Street, London, Greater London W10 4JD	£11,462	65	2	Terraced House
£703K	06/21	0.45 mi	62, Lothrop Street, London, Greater London W10 4JD	£11,339	62	2	Terraced House
£690K	09/21	0.46 mi	48, Huxley Street, London, Greater London W10 4QQ	£8,961	77	2	Terraced House
£1.7M	05/21	0.46 mi	15, St Lukes Mews, London, Greater London W11 1DF	£13,710	124	2	Terraced House
£866K	06/21	0.46 mi	41, Huxley Street, London, Greater London W10 4QQ	-	-	2	Terraced House
£670K	10/21	0.47 mi	69, Marne Street, London, Greater London W10 4JF	£11,356	59	2	Terraced House
£725K	10/23	0.47 mi	59, Marne Street, London, Greater London W10 4JF	£12,265	59	2	Terraced House
£500K	11/21	0.47 mi	91c, Malvern Road, London, Greater London NW6 5PU	-	-	2	Semi-Detached House
£820K	11/21	0.49 mi	29, Nutbourne Street, London, Greater London W10 4HW	£14,138	58	2	Terraced House
£610K	06/21	0.49 mi	7, Nutbourne Street, London, Greater London W10 4HW	£11,726	52	2	Terraced House
£760K	08/23	0.49 mi	98, Kilravock Street, London, Greater London W10 4HZ	-	-	2	Terraced House
£690K	03/21	0.49 mi	35, Sixth Avenue, London, Greater London W10 4HB	£9,200	75	2	Terraced House
£675K	10/20	0.49 mi	41, Sixth Avenue, London, Greater London W10 4HB	£11,250	60	2	Terraced House
£985K	01/21	0.49 mi	44, Hewer Street, London, Greater London W10 6DU	£10,155	97	2	Terraced House
£7.5M	08/23	0.49 mi	14, Bassett Road, London, Greater London W10 6JJ	£28,517	263	2	Semi-Detached House
£955K	02/21	0.51 mi	10, Shrewsbury Mews, London, Greater London W2 5PN	£14,470	66	2	Terraced House
£1.4M	01/21	0.52 mi	The Cottage, Millwood Street, London, Greater London W10 6EH	£14,167	96	2	Terraced House
£668.3K	08/21	0.53 mi	176, Third Avenue, London, Greater London W10 4HR	£11,933	56	2	Terraced House
£831K	11/22	0.55 mi	69, Nutbourne Street, London, Greater London W10 4HL	£10,792	77	2	Terraced House
£1.6M	04/24	0.56 mi	11, Dunworth Mews, London, Greater London W11 1LE	£17,500	90	2	Terraced House
£760K	11/20	0.56 mi	164, Ilbert Street, London, Greater London W10 4QD	£8,172	93	2	Terraced House
£960K	11/22	0.56 mi	156, Peach Road, London, Greater London W10 4DY	£11,693	82	2	Terraced House
£955K	02/23	0.56 mi	172, Peach Road, London, Greater London W10 4DY	£10,495	91	2	Terraced House
£850K	12/20	0.57 mi	253, Peach Road, London, Greater London W10 4DX	£9,770	87	2	Terraced House
£857K	11/20	0.57 mi	122, Oliphant Street, London, Greater London W10 4EB	£10,202	84	2	Terraced House
£835K	02/21	0.57 mi	128, Oliphant Street, London, Greater London W10 4EB	£9,709	86	2	Terraced House
£655K	05/21	0.61 mi	186, Kilburn Lane, London, Greater London W10 4AS	£8,733	75	2	Terraced House
£735K	06/23	0.61 mi	174, Kilburn Lane, London, Greater London W10 4AS	£10,091	73	2	Terraced House
£690K	01/21	0.62 mi	76, Kilburn Lane, London, Greater London W10 4AH	£9,452	73	2	Terraced House
£835K	12/20	0.62 mi	46, Kilburn Lane, London, Greater London W10 4AH	£10,640	78	2	Terraced House

Local Rents

51 rents from £1.7K/mo to £4.9K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,300	10/24	0.01 mi	Fermoy Road, Westbourne Park, London, W9	2	Flat
£2,300	10/24	0.02 mi	Fermoy Road, W9	2	Flat
£2,199	04/25	0.03 mi	-	2	Flat
£2,396	10/24	0.04 mi	Fermoy Road, Maida Vale	2	Flat
£2,500	10/24	0.04 mi	Fermoy Road , London, W9	2	Flat
£3,200	11/24	0.04 mi	-	2	Flat
£3,200	01/25	0.04 mi	-	2	Flat
£3,200	02/25	0.04 mi	-	2	Flat
£2,995	12/24	0.05 mi	-	2	Flat
£2,900	12/24	0.05 mi	-	2	Flat
£3,450	10/24	0.06 mi	Fermoy Road, Maida Hill W9	2	Flat
£2,750	10/24	0.06 mi	Fermoy Road, London, W9	2	Flat
£3,950	03/25	0.11 mi	-	2	Flat
£3,950	03/25	0.11 mi	-	2	Flat
£2,200	11/24	0.12 mi	-	2	Flat
£2,709	10/24	0.13 mi	Great Western Road, Maida Vale, London, W9	2	Flat
£2,350	10/24	0.15 mi	Portnall Road, London, W9	2	Flat
£2,350	10/24	0.15 mi	-	2	Flat
£2,350	10/24	0.15 mi	-	2	Flat
£3,750	04/25	0.15 mi	-	2	Flat
£2,300	11/24	0.15 mi	-	2	Flat
£2,188	03/25	0.15 mi	-	2	Flat
£2,899	10/24	0.15 mi	12 Elgin Avenue - Two Bed Two Bathroom	2	Flat
£2,100	10/24	0.15 mi	-	2	Flat
£2,700	11/24	0.15 mi	-	2	Flat
£2,100	12/24	0.15 mi	-	2	Flat
£2,100	12/24	0.15 mi	-	2	Flat
£2,100	04/25	0.15 mi	-	2	Flat
£3,142	10/24	0.17 mi	Elgin Avenue, London, W9	2	Flat
£3,250	10/24	0.17 mi	Moray Apartments, Elgin Avenue, W9	2	Flat
£3,142	10/24	0.17 mi	Elgin Avenue, Maida Vale	2	Flat
£3,142	10/24	0.17 mi	Moray Apartments, Elgin Avenue, Maida Vale, W9	2	Flat
£2,015	10/24	0.18 mi	Coomassie Road, Maida Vale, London, W9	2	Flat
£2,500	10/24	0.2 mi	Portnall Road, London	2	Flat
£2,495	10/24	0.21 mi	-	2	Flat
£2,100	10/24	0.21 mi	Bravington Road, London, W9	2	Flat
£2,578	10/24	0.22 mi	Woodfield Road, London, W9	2	Flat
£2,375	11/24	0.22 mi	-	2	Flat
£4,675	10/24	0.22 mi	-	2	Flat
£2,400	10/24	0.22 mi	-	2	Terraced House
£2,903	10/24	0.23 mi	Ashmore Road, Maida Vale	2	Flat
£4,900	11/24	0.23 mi	-	2	Terraced House
£2,396	10/24	0.23 mi	Ashmore Road, Maida Vale	2	Flat
£2,095	02/25	0.24 mi	-	2	Flat
£2,383	10/24	0.25 mi	-	2	Flat
£2,379	10/24	0.25 mi	Ash House, London, W10	2	Flat
£2,500	04/25	0.26 mi	-	2	Flat
£2,500	04/25	0.26 mi	-	2	Flat
£2,395	10/24	0.26 mi	-	2	Flat
£1,712	03/24	0.26 mi	Ashmore Road, London, W9	2	Flat
£2,200	10/24	0.26 mi	-	2	Flat

Local Area Statistics

Population in W9	37,72437,724
Population in London	4,771,9214,771,921
Town centre distance	4.24 miles away4.24 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.29 miles away0.29 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 £595,000

March 28, 2025

Floor Plans

Description

Freehold House +
Two Bed +
Private Courtyard +
Guest WC +
Walking distance to Notting Hill, Westbourne Park and Warwick Avenue +
Fitted Wardrobes +

An opportunity to purchase a two bedroom freehold house on Hormead Road. The property is built in a traditional Victorian style is arranged as a ground floor and basement with the bright reception, separate contemporary kitchen and guest cloakroom located on the ground floor, whilst the master bedroom with built in wardrobe is situated in the basement, second double bedroom with doors leading to a small patio space and stylish shower room. Freehold. Two minutes walk to Westbourne Park tube, and close to Goldbourne Road and Portobello Road.

Agent Details

Braithwait, London

020 3871 8301

Next Steps?

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

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2 Bed Detached House, Single Let, London, W9 3NQ, £595,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents