Auction Watch

BidX1 Thu 19 Nov Guide £160,000+

BidX1 auction lot62a Braemar Avenue, Neasden, London, NW10 0DL

1 bed flat (NW10 0DL), for sale by auction with BidX1 on 19 November 2026. Guide £160,000+.

Finance view and instant termsGet the free reportStreet View ↗

Finance view

Good

Lendable, with points a lender will check first. 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 £138,000The guide plus 15%
Example rate
0.75% to 0.95% a monthArrangement fee about 2%

In its favour

  • Inside the M25 (Brent): the area lenders know best
  • A park within a three-minute walk
  • 99 years left on the lease
  • Sold vacant

What a lender will look at

  • Check Industrial land next to the lot
  • Check Flood zone 2 (medium risk)

If you let it

Typical rent about £1,578 a month, a gross yield of 10.3% on the expected hammer. The rent supports a 75% buy-to-let mortgage (up to about £275,000), so refinancing out of a bridge works on these figures.

ONS average for a 1-bed home in Brent, 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)
  • The lease, with the ground rent and service charge
  • A valuation, which the lender instructs
Get instant terms on this lot

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. 198 similar sales within 1.5 km.

  1. Strong £117,000 May 2026

    72 Braemar Avenue, London, NW10 0DL (flat)

    The same kind of home, 0 m away, sold 6 months ago.

  2. Strong £325,000 Aug 2026

    1a Braemar Avenue, London, NW10 0DY (flat)

    The same kind of home, 156 m away, sold 3 months ago.

  3. Strong £225,000 Mar 2026

    67a Braemar Avenue, London, NW10 0DR (flat)

    The same kind of home, 116 m away, sold 8 months ago.

On the market now

Asking prices for 1-bed flats in NW10 on the property portals: their listings, opened in a new tab.

Rightmove ↗Zoopla ↗OnTheMarket ↗

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
BidX1Thu 19 Nov
Guide price
Guide £160,000+Expected hammer is usually higher
Property
1 bed flat | Leasehold
Tenure
Leasehold99 years left on the lease
Occupancy
Vacant
Floor area
463 sq ftAuctioneer's figure
Planning
Article 4 direction areaArticle 4: some permitted development rights are removed
Flood risk
Zone 2: mediumEnvironment Agency flood map zone, at the lot's postcode

Auction finance snapshot

25% deposit required
£40,000
75% estimated bridging loan
£120,000

On the guide price. Lots usually sell above the guide: at the expected hammer (1.15× guide) the deposit would be £46,000. Stamp duty, the buyer's fee, legal costs and the lender's fees come on top. Illustrative only, not an offer of finance.

Get a decision in principle for bridging How much could you borrow?

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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

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Listing and legal pack on BidX1's site ↗

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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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How often

Other lots in this BidX1 auction

  1. — 57 Kensington House, 3 Palmer Road, Battersea, London, SW11 4FA Guide £1,895,000+£1,174 per sq ftFinance: Limited 3 bed flat | Leasehold · BidX1
  2. — Flat A, 155 High Road, Willesden Green, NW10 2SGUpdated: Guide cut from £220,000 to £200,000 on 6 November 2026 Guide £200,000+Finance: Limited 2 bed flat | Leasehold · BidX1
  3. 109467 Apartment 747, 12 Baltimore Wharf, London, E14 9FG Guide £450,000+£477 per sq ftFinance: Limited Flat | Leasehold · BidX1

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