2 Bed Flat, Single Let, London, W2 1SF £650,000

St. Marys Terrace, London, W2 1SF - 4 views - a year ago

BTL

~68 m²

ValuationUndervalued

Sold Prices	£250K - £2.9M
Sold Prices/m²	£6.8K/m² - £24.3K/m²

Square Metres	~68.11 m²
Price/m²	£9.5K/m²
Value Estimate	£749,798£749,798
BMV	15%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£162,500£162,500
Stamp Duty & Legal Fees	£53,700£53,700
Total Cash In	£216,200£216,200

Cash Out
Rent Range	£485 - £6,045£485 - £6,045
Rent Estimate	£2,545
Running Costs/mo	£2,560£2,560
Cashflow/mo	£-15£-15
Cashflow/yr	£-183£-183
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £250K to £2.9M, average is £813.5K. £6.8K/m² to £24.3K/m², average is £10K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£565K	08/25	0.24 mi	Flat 7, Cunningham Court, Maida Vale, London W9 1AE	-	-	2	Flat
£1.5M	07/21	0.25 mi	Upper Maisonette, 8, Clarendon Gardens, London, Greater London W9 1AY	-	-	2	Flat
£420K	03/25	0.27 mi	Flat 8, 58 74 Frampton House, Frampton Street, London NW8 8LY	£7,368	57	2	Flat
£2.9M	08/21	0.27 mi	First Floor Flat, 35, Blomfield Road, London, Greater London W9 2PF	£16,765	170	2	Flat
£980K	09/21	0.29 mi	Flat 74, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX	-	-	2	Flat
£1.0M	08/21	0.29 mi	Flat 73, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX	-	-	2	Flat
£1.2M	06/21	0.3 mi	Flat 29, Clifton Court, Northwick Terrace, London, Greater London NW8 8HT	-	-	2	Flat
£915K	05/25	0.3 mi	Flat 12, Melbourne Court, Randolph Avenue, London W9 1BJ	£10,893	84	2	Flat
£850K	05/23	0.31 mi	Peninsula Apartments, Third Floor Flat 1, Praed Street, London W2 1JE	£24,286	35	2	Flat
£667K	11/24	0.32 mi	Clifton Court, Flat 20a, Northwick Terrace, London NW8 8HT	£7,667	87	2	Flat
£550K	09/23	0.32 mi	11c, Penfold Street, London, Greater London NW1 6RU	-	-	2	Flat
£1.4M	04/25	0.35 mi	2b, Randolph Crescent, London W9 1DR	£13,592	103	2	Flat
£1.1M	06/25	0.37 mi	14c, Randolph Crescent, London W9 1DR	£14,931	72	2	Flat
£1.1M	06/25	0.37 mi	14c, Randolph Crescent, London W9 1DR	-	-	2	Flat
£1.7M	03/23	0.37 mi	47e, Randolph Avenue, London, Greater London W9 1BQ	-	-	2	Flat
£739K	08/25	0.38 mi	Flat 2, 12 Lanark Mansions, Lanark Road, London W9 1DB	-	-	2	Flat
£1.5M	06/24	0.38 mi	21b, Randolph Crescent, London, Greater London W9 1DP	£15,361	97	2	Flat
£770K	03/23	0.38 mi	Basement Flat, 98, Westbourne Terrace, London, Greater London W2 6QE	£7,333	105	2	Flat
£475K	08/23	0.39 mi	Flat 20, Helsby Court, Pollitt Drive, London, Greater London NW8 8JQ	-	-	2	Flat
£877K	12/23	0.39 mi	71c, Westbourne Terrace, London, Greater London W2 3UY	£8,598	102	2	Flat
£250K	03/23	0.4 mi	Flat 10, Cotes House, Ashbridge Street, London, Greater London NW8 8DG	-	-	2	Flat
£360K	08/23	0.41 mi	3d, Gateforth Street, London, Greater London NW8 8EH	-	-	2	Flat
£985K	01/25	0.41 mi	6, Basement Flat, Warrington Crescent, London W9 1EL	£7,138	138	2	Flat
£815K	05/25	0.42 mi	42, 6 8 Rodney Court, Maida Vale, London W9 1TH	£8,150	100	2	Flat
£2.2M	09/23	0.43 mi	Basement Flat, 22, Warrington Crescent, London, Greater London W9 1EL	£18,542	120	2	Flat
£2.1M	09/23	0.43 mi	Ground Floor Flat, 22, Warrington Crescent, London, Greater London W9 1EL	-	-	2	Flat
£925.1K	08/25	0.44 mi	37, Gloucester Mews, London W2 3HE	-	-	2	Flat
£1.1M	07/23	0.46 mi	169b, Porchester Terrace North, London, Greater London W2 6BJ	-	-	2	Flat
£555K	05/23	0.46 mi	169d, Porchester Terrace North, London, Greater London W2 6BJ	-	-	2	Flat
£825K	10/21	0.47 mi	61, The Quadrangle, London, Greater London W2 2RR	£8,777	94	2	Flat
£750K	01/25	0.47 mi	Oxford And Cambridge Mansions, Flat 8a, Transept Street, London NW1 5EH	£17,045	44	2	Flat
£450K	06/25	0.47 mi	15, Gloucester Mews, London W2 3HE	-	-	2	Flat
£450K	06/25	0.47 mi	15, Gloucester Mews, London W2 3HE	-	-	2	Flat
£835K	01/24	0.47 mi	Flat 23, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT	-	-	2	Flat
£1.7M	06/23	0.47 mi	Penthouse G, St. Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT	-	-	2	Flat
£512K	11/21	0.47 mi	Flat 68, Exeter House, Hallfield Estate, London, Greater London W2 6EN	-	-	2	Flat
£2.2M	01/25	0.47 mi	7, Radnor Mews, London, Greater London W2 2SA	£15,536	140	2	Flat
£812K	07/25	0.47 mi	Ground Floor Flat, 105, Gloucester Terrace, London W2 3HB	-	-	2	Flat
£600K	04/24	0.47 mi	The Water Gardens, 301, Burwood Place, London W2 2DQ	£9,375	64	2	Flat
£525K	08/25	0.47 mi	243, The Water Gardens, Burwood Place, London W2 2DG	-	-	2	Flat
£785K	03/25	0.47 mi	99 Sandringham Court, 28, Maida Vale, London W9 1UA	£10,064	78	2	Flat
£725K	06/21	0.48 mi	Flat 4a, Grove End House, Grove End Road, London, Greater London NW8 9HP	-	-	2	Flat
£600K	03/23	0.48 mi	Flat 7b, Grove End House, Grove End Road, London, Greater London NW8 9HL	-	-	2	Flat
£567.5K	03/25	0.49 mi	Grove End House, 11, Grove End Road, London NW8 9HS	£7,993	71	2	Flat
£605K	02/25	0.49 mi	Grove End House, 5h, Grove End Road, London NW8 9HP	£11,635	52	2	Flat
£410K	03/25	0.49 mi	Ground Floor Flat, 16, Cosway Street, London NW1 5NR	£6,833	60	2	Flat
£550K	03/25	0.49 mi	Flat 12, 106, Lisson Grove, London NW1 6LP	£6,790	81	2	Flat
£570K	12/23	0.49 mi	184, Scott Ellis Gardens, London NW8 9RS	£10,000	57	2	Flat
£845K	06/21	0.49 mi	Third Floor Flat, 28, Westbourne Terrace, London, Greater London W2 3UP	-	-	2	Flat
£1.1M	01/25	0.5 mi	Century Court, 94, Grove End Road, London NW8 9LD	£12,809	89	2	Flat

Local Rents

50 rents from £485/mo to £6K/mo, average is £3.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£693	08/25	0.02 mi	St Mary's Terrace, Little Venice W2	2	Flat
£485	05/25	0.03 mi	St Marys Terrace Little Venice London W2	2	Flat
£3,000	07/25	0.03 mi	St Marys Mansions, St Marys Terrace, W2	2	Flat
£3,000	10/25	0.03 mi	St Marys Mansions, St Marys Terrace, W2	2	Flat
£3,796	07/25	0.06 mi	St Marys Mansions, Little Venice, London, W2	2	Flat
£4,250	06/25	0.07 mi	St. Marys Terrace, Little Venice, W2	2	Flat
£2,400	11/25	0.08 mi	John Aird Court, Paddington W2	2	Flat
£2,318	11/25	0.08 mi	Hall Place, Little Venice W2	2	Flat
£2,535	10/25	0.08 mi	Hall Place, Little Venice W2	2	Flat
£2,318	11/25	0.08 mi	Hall Place, Little Venice W2	2	Flat
£2,450	11/25	0.09 mi	-	2	Flat
£2,496	06/25	0.09 mi	John Aird Court, Paddington	2	Flat
£576	07/25	0.09 mi	John Aird Court, Paddington	2	Flat
£2,450	10/25	0.09 mi	John Aird Court, LONDON	2	Flat
£2,750	08/25	0.1 mi	Paddington, London, W2	2	Flat
£3,150	10/24	0.1 mi	-	2	Flat
£3,000	07/25	0.1 mi	-	2	Flat
£3,467	10/24	0.11 mi	Hermitage Street, Paddington	2	Flat
£4,000	10/25	0.11 mi	Hermitage Street, Paddington Basin	2	Flat
£3,750	09/25	0.12 mi	Marshall Building, 3 Hermitage Street, W2	2	Flat
£3,750	11/25	0.12 mi	Marshall Building, 3 Hermitage Street, W2	2	Flat
£4,333	09/25	0.12 mi	Hermitage Street Paddington W2	2	Flat
£3,750	07/25	0.12 mi	Marshall Building, 3 Hermitage Street, London, W2	2	Flat
£3,683	09/25	0.13 mi	Hermitage Street Paddington W2	2	Flat
£1,100	06/25	0.13 mi	Hermitage Street, London, W2	2	Flat
£3,999	08/25	0.13 mi	Hermitage Street, London, W2	2	Flat
£3,200	11/25	0.13 mi	Braithwaite Tower, London, W2	2	Flat
£3,000	11/25	0.13 mi	-	2	Flat
£4,000	07/25	0.13 mi	Hermitage Street, W2, Paddington, London, W2	2	Flat
£3,467	10/24	0.13 mi	Marshall Building, Paddington, London, W2	2	Flat
£3,792	11/25	0.13 mi	Hermitage Street, Westminster, London, W2	2	Flat
£4,000	07/25	0.13 mi	Hermitage Street, London, W2	2	Flat
£4,000	08/25	0.13 mi	Paddington Exchange Paddington W2	2	Flat
£3,400	08/25	0.14 mi	Hermitage Street, London	2	Flat
£2,847	08/25	0.14 mi	Howley Place, Little Venice, W2	2	Flat
£2,681	10/24	0.14 mi	North Wharf Road, London, W2	2	Flat
£4,550	10/24	0.14 mi	Betula House Paddington W2	2	Flat
£4,550	10/24	0.14 mi	North Wharf Road Paddington W2	2	Flat
£4,745	10/24	0.14 mi	Betula House Paddington W2	2	Flat
£4,550	10/24	0.14 mi	Betula House Paddington W2	2	Flat
£5,416	07/25	0.14 mi	North Wharf Road Paddington W2	2	Flat
£4,300	08/25	0.14 mi	North Wharf Road Paddington W2	2	Flat
£4,550	08/25	0.14 mi	Betula House Paddington W2	2	Flat
£6,045	10/25	0.14 mi	North Wharf Road Paddington W2	2	Flat
£2,500	10/24	0.14 mi	-	2	Flat
£4,333	05/25	0.14 mi	Munkenbeck Building	2	Flat
£3,575	08/25	0.14 mi	Munkenbeck Building Hermitage Street Paddington W2	2	Flat
£4,400	08/25	0.14 mi	-	2	Flat
£5,800	09/25	0.14 mi	-	2	Flat
£4,000	08/25	0.15 mi	Paddington Exchange 2, Hermitage Street, Paddington W2	2	Flat

Local Area Statistics

Population in W2	47,57447,574
Population in London	4,771,9214,771,921
Town centre distance	3.10 miles away3.10 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.21 miles away0.21 miles away

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

Property History

Listed for £650,000

October 1, 2024

Floor Plans

Description

Please quote code MAM for enquiries +
Two Bedrooms +
One Bathroom +
608 sqft +
Recently Refurbished: Immerse yourself in the freshness of a recently renovated space. +
Ideal Location: Close proximity to Paddington and Edgware Road stations for easy commuting. +
Wooden Floors: Enjoy the timeless appeal and easy maintenance of wooden flooring. +
Modern Bathroom: Indulge in the luxury of a contemporary bathroom with sleek fixtures. +
Fitted Furniture: Experience the perfect blend of form and function with thoughtfully designed furniture. +

Welcome to your newly refurbished sanctuary in the heart of the city! This charming two-bedroom, one-bathroom ground floor apartment offers a perfect blend of modern elegance and timeless comfort. Situated in a prime location with close proximity to Paddington and Edgware Road stations, convenience meets luxury in this delightful residence.

As you step inside, be greeted by the warm embrace of wooden floors that seamlessly connect each room. The thoughtful refurbishment has introduced a contemporary ambiance, creating a space that is both inviting and stylish. The modern bathroom is a testament to sophistication, featuring sleek fixtures and a design that exudes tranquility.

The apartment's appeal extends to its practicality with intelligently fitted furniture that maximizes space while maintaining a sleek aesthetic. Every detail has been carefully considered to offer a harmonious living experience.

Whether you are a first-time buyer, a savvy investor, or someone seeking the perfect pied-à-terre, this ground floor gem is sure to captivate. Embrace the convenience of city living without compromising on comfort. Your new home awaits – seize the opportunity to make it yours!

Agent Details

dfine, London

020 7101 7002

Next Steps?

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

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