Lot 44 Allsop Wed 18 Nov Guide £650,000+

Allsop auction lot124 Mill Lane, West Hampstead, London, NW6 1NF

2 bed flat (NW6 1NF), for sale by auction with Allsop on 18 November 2026, lot 44. Guide £650,000+.

Finance view

Strong

Most bridging lenders would look at this lot. The loan that fits: Purchase bridge, as this is a home that can be let or sold as it is.

Likely loan
Up to 75% of the priceOn the purchase price
On the expected hammer
About £561,000The guide plus 15%; Allsop lots have sold at +19% on the guide (median of 94)
Example rate
0.75% to 0.95% a monthArrangement fee about 2%

In its favour

  • Inside the M25 (Camden): the area lenders know best
  • West Hampstead Thameslink station, about 9 minutes' walk
  • A park within a three-minute walk
  • Flood zone 1 (low risk)
  • Sold vacant
  • Valued on 10 nearby sales of similar homes

If you let it

Typical rent about £2,634 a month, a gross yield of 4.2% on the expected hammer. The rent supports a buy-to-let mortgage of about £460,000, 62% of the expected hammer: refinancing out of a bridge needs more cash in, or a sale.

ONS average for a 2-bed home in Camden, Sept 2026. Refinance test: rent covers the interest 125% at a 5.5% stress rate, as lenders test a limited company; personal borrowers are often tested harder.

What a lender will ask you for on a purchase bridge
  • Photo ID and proof of address
  • Proof of your deposit and where it came from
  • The legal pack, read by your solicitor before you bid
  • Your exit plan: sale or refinance, with evidence (comparables, or a mortgage in principle)
  • A valuation, which the lender instructs

We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch. Ratings and figures are a guide from the published facts, not an offer of finance or advice. Surroundings from OpenStreetMap (© OpenStreetMap contributors); stations from NaPTAN.

Closest comparables

The nearest sales of homes like this one in the last two years, from HM Land Registry, graded the way a lender reads them. 1101 similar sales within 1.5 km.

  1. Strong £500,000 Aug 2026

    60b Mill Lane, London, NW6 1NJ (flat)

    The same kind of home, 170 m away, sold 3 months ago.

  2. Strong £202,500 Apr 2026

    Flat 4, 66 Hillfield Road, London, NW6 1QA (flat)

    The same kind of home, 89 m away, sold 7 months ago.

  3. Strong £625,000 Mar 2026

    Flat 2, 88 Hillfield Road, London, NW6 1QA (flat)

    The same kind of home, 89 m away, sold 8 months ago.

On the market now

Asking prices for 2-bed flats in NW6 on the property portals: their listings, opened in a new tab.

Also at auction nearby

Sold prices: HM Land Registry Price Paid data, Crown copyright, Open Government Licence. Floor areas: the EPC register. Contains OS data © Crown copyright (Code-Point Open).

Lot details

Auction
AllsopWed 18 Nov, lot 44
Guide price
Guide £650,000+Expected hammer is usually higher
Property
2 bed flat | Freehold
Tenure
Freehold
Occupancy
Vacant
Floor area
1,152 sq ftAuctioneer's figure
Sold nearby
£970 per sq ftMedian of 10 similar sales near this lot with a known floor area, last 2 years (HM Land Registry, EPC)
Planning
Article 4 direction areaArticle 4: some permitted development rights are removed
Flood risk
Zone 1: lowEnvironment Agency flood map zone, at the lot's postcode

Auction finance snapshot

25% deposit required
£162,500
75% estimated bridging loan
£487,500

On the guide price. Lots usually sell above the guide: at the expected hammer (1.15× guide) the deposit would be £186,875. Stamp duty, the buyer's fee, legal costs and the lender's fees come on top. Illustrative only, not an offer of finance.

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The report on this lot: free

  • Deal grade, A to E, with the working
  • Maximum bid on the refurb and the conversion route
  • Value after works and build cost
  • Profit at every hammer price, and a stress test
  • Sold comparables matched to floor areas
  • The legal pack: what it says and what to check

Prepared for this lot and emailed to you. Free, guidance not advice.

Listing and legal pack on Allsop's site ↗

How much could you borrow on this lot?

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We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch.

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  89. 178 20 Althea Street, Fulham, London, SW6 2RY Guide TBAFinance: Limited 1 bed flat | Leasehold · Allsop
  90. 313 20 Hornbeam Terrace, Winchcombe Road, Carshalton, Surrey, SM5 1RUUpdated: Sale moved from Thu 19 Nov to Wed 18 Nov on 6 November 2026 Guide £230,000+£562 per sq ftFinance: Strong 2 bed terraced house | Freehold · Allsop
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