Flat 40 Forset Court Edgware Road, London
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Flat 40 Forset Court Edgware Road, London

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We have confidence in this estimated current valuation Updated recently
£224,250
Or £1,458 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Feb 28, 2024
£90,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to Flat 40 Forset Court Edgware Road, London, a cozy and compact flat type home with 2 bed in the W2 2RD area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band .

This classic property was built 1930-1949 and has a reported internal area of 59 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £224,250 and a rental potential of £1,458 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Feb 28, 2024. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" Guide Price ยฃ90,000

For Sale By Public Auction 12th March 2024 08 45 AM To inspect the legal documents for this property go to our website to download the legal pack

A Well Located Vacant Third Floor Two Bedroom Flat

Tenure
Leasehold. The property is held on a 57 year lease from 24th June 1975 thus approximately 8 years unexpired . A section 42 notice to extend the lease has been served on the freeholder, the rights of which will be assigned to the incoming buyer.

Location
The property is situated in the highly sought after area of Marylebone close to local shops and amenities. The open spaces of Hyde Park and Marble Arch are within easy reach. The property is equidistant to both Edgware Road underground station Circle, District, Hammersmith & City and Bakerloo lines and Marble Arch underground station Central line

Description
The property comprises a third floor two bedroom flat situated within a purpose built block arranged over ground and nine upper floors. The block benefits from a lift and concierge.

Accommodation
Third Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
WC

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90 years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
C "

Property Data

Data point Compared to road

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,020 Try Mortgage Tracker
Energy £471 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Hallfield Primary School
0.1mi
St James & St John Church of England Primary School
0.3mi
College Park School
0.3mi
Kensington Park School
0.4mi
Marylebone Boys' School
0.4mi
Nearby Stations
Bayswater Station
0.3mi
Royal Oak Station
0.3mi
London Paddington Station
0.3mi
Queensway Station
0.3mi
Paddington Station
0.4mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is Flat 40 Forset Court Edgware Road, London worth?

    Flat 40 Forset Court Edgware Road, London is now worth £224,250 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for Flat 40 Forset Court Edgware Road, London - click click here to get a valuation with no strings attached.

  2. What is the rental value of Flat 40 Forset Court Edgware Road, London?

    The current rental valuation for this property is £1,458 per month, within a price range of £1,312 and £1,603.

  3. How many bedrooms does Flat 40 Forset Court Edgware Road, London have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to Flat 40 Forset Court Edgware Road, London?

    Nearby schools in include Hallfield Primary School, St James & St John Church of England Primary School, College Park School, Kensington Park School, Marylebone Boys' School

    Nearby stations in include Bayswater Station, Royal Oak Station, London Paddington Station, Queensway Station, Paddington Station.

  5. What type of property is Flat 40 Forset Court Edgware Road, London

    This is a Flat property. There are 40 other Flat properties on EDGWARE ROAD, and 41 in total.

  6. When was Flat 40 Forset Court Edgware Road, London built? How old is Flat 40 Forset Court Edgware Road, London?

    Flat 40 Forset Court Edgware Road, London was was built between 1930-1949.

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

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