2 Bed Flat, Single Let, Stanmore, HA7 4ZE, £270,000

Capel Crescent, Stanmore, Middlesex, HA7 4ZE - 7 views - 2 years ago

Leasehold

BTL

ROI: 4%

~68 m²

+12 photos

ValuationUndervalued

Sold Prices	£156K - £720K
Sold Prices/m²	£2K/m² - £6.6K/m²

Square Metres	~68 m²
Price/m²	£4K/m²
Value Estimate	£336,991£336,991
BMV	18%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£67,500£67,500
Stamp Duty & Legal Fees	£11,500£11,500
Total Cash In	£79,000£79,000

Cash Out
Rent Range	£1,450 - £3,150£1,450 - £3,150
Rent Estimate	£1,488
Running Costs/mo	£1,161£1,161
Cashflow/mo	£327£327
Cashflow/yr	£3,920£3,920
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

32 sold prices from £156K to £720K, average is £386.3K. £2K/m² to £6.6K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£390K	06/21	0.05 mi	Flat 2, Cunard Court, Brightwen Grove, Stanmore, Greater London HA7 4WY	-	-	2	Flat
£387.5K	02/21	0.05 mi	Flat 1, Cunard Court, Brightwen Grove, Stanmore, Greater London HA7 4WY	-	-	2	Flat
£368K	03/23	0.05 mi	Flat 7, Cunard Court, Brightwen Grove, Stanmore, Greater London HA7 4WY	-	-	2	Flat
£408K	06/21	0.05 mi	Flat 10, Casel Court, Brightwen Grove, Stanmore, Greater London HA7 4ZB	-	-	2	Flat
£455K	05/23	0.05 mi	Flat 30, Casel Court, Brightwen Grove, Stanmore, Greater London HA7 4ZB	-	-	2	Flat
£675K	06/21	0.45 mi	Flat 8, Wellington House, Aylmer Drive, Stanmore, Greater London HA7 3ES	-	-	2	Flat
£720K	02/23	0.45 mi	Flat 7, Wellington House, Aylmer Drive, Stanmore, Greater London HA7 3ES	-	-	2	Flat
£345K	03/21	0.61 mi	2, Alpine Walk, Stanmore, Greater London HA7 3HU	£6,556	53	2	Flat
£695K	04/21	0.67 mi	Flat 22, Highfield, High Road, Bushey Heath, Bushey, Hertfordshire WD23 1NA	-	-	2	Flat
£620K	04/24	0.67 mi	Highfield, Flat 8, High Road, Bushey Heath, Bushey, Hertfordshire WD23 1NA	£6,596	94	2	Flat
£355K	12/20	0.72 mi	19, Culverlands Close, Stanmore, Greater London HA7 3AG	£4,671	76	2	Flat
£156K	09/21	0.75 mi	3, Hewett Close, Stanmore, Greater London HA7 3BW	£2,000	78	2	Flat
£480K	03/21	0.78 mi	1, Stangate Gardens, Stanmore, Greater London HA7 3BL	£5,647	85	2	Flat
£343K	10/22	0.88 mi	5, Rainsford Close, Stanmore, Greater London HA7 3DJ	£4,764	72	2	Flat
£450K	02/21	0.9 mi	29, Laburnum Court, Stanmore, Greater London HA7 4JP	£6,081	74	2	Flat
£450K	02/21	0.9 mi	6, Laburnum Court, Stanmore, Greater London HA7 4JP	£5,357	84	2	Flat
£371K	11/21	0.9 mi	4, Powis Court, Bushey Heath, Bushey, Hertfordshire WD23 1LL	£5,225	71	2	Flat
£357K	12/20	0.9 mi	9, Powis Court, Bushey Heath, Bushey, Hertfordshire WD23 1LL	£4,697	76	2	Flat
£360K	10/20	0.9 mi	1, Pinewood Lodge, Bushey Heath, Bushey, Hertfordshire WD23 1EQ	£4,500	80	2	Flat
£600K	12/23	0.92 mi	Flat 5, Riverine Lodge, Old Lodge Way, Stanmore, Greater London HA7 3BE	-	-	2	Flat
£520K	05/21	0.92 mi	Flat 3, Heathside Court, High Road, Bushey Heath, Bushey, Hertfordshire WD23 1EN	-	-	2	Flat
£250K	03/23	0.95 mi	16, Dennis Gardens, Stanmore, Greater London HA7 4JG	-	-	2	Flat
£320K	05/21	0.98 mi	2, Rutland Place, Bushey Heath, Bushey, Hertfordshire WD23 1ND	-	-	2	Flat
£335K	09/21	0.98 mi	17, Rutland Place, Bushey Heath, Bushey, Hertfordshire WD23 1ND	-	-	2	Flat
£555K	11/21	0.98 mi	9, Oak Lodge Close, Stanmore, Greater London HA7 4QB	-	-	2	Flat
£385K	05/23	0.98 mi	Flat 10, Fountain House, Church Road, Stanmore, Greater London HA7 4DF	£4,813	80	2	Flat
£385K	05/23	0.98 mi	Flat 10, Fountain House, Church Road, Stanmore, Greater London HA7 4DF	£4,813	80	2	Flat
£370K	04/23	0.98 mi	Flat 11, Fountain House, Church Road, Stanmore, Greater London HA7 4DF	-	-	2	Flat
£305K	11/20	0.99 mi	11, Nimmo Drive, Bushey Heath, Bushey, Hertfordshire WD23 4GA	£4,841	63	2	Flat
£560K	09/23	0.99 mi	10, Oak Lodge Close, Stanmore, Greater London HA7 4QB	-	-	2	Flat
£560K	11/20	0.99 mi	31, Oak Lodge Close, Stanmore, Greater London HA7 4QB	£4,956	113	2	Flat
£355K	12/20	1 mi	10, The Pantiles, Bushey Heath, Bushey, Hertfordshire WD23 1LS	£5,635	63	2	Flat

Local Rents

38 rents from £1.4K/mo to £3.1K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,450	04/24	0.04 mi	-	2	Flat
£1,900	04/24	0.05 mi	-	2	Flat
£2,100	02/25	0.05 mi	-	2	Flat
£1,900	12/24	0.06 mi	-	2	Flat
£1,800	04/24	0.36 mi	Springfield Close, Stanmore, HA7	2	Flat
£1,700	04/24	0.37 mi	Broomfield House, Stanmore Hill, Stanmore, Middlesexha, Ha7	2	Flat
£3,150	04/24	0.45 mi	-	2	Flat
£3,150	03/25	0.45 mi	-	2	Flat
£1,800	04/24	0.61 mi	-	2	Flat
£2,000	03/25	0.65 mi	-	2	Flat
£1,842	04/24	0.78 mi	Halsbury Close, Stanmore, HA7	2	Flat
£1,950	12/24	0.85 mi	-	2	Flat
£1,750	12/24	0.85 mi	-	2	Flat
£1,500	01/25	0.9 mi	-	2	Flat
£2,000	02/24	0.92 mi	-	2	Flat
£2,300	04/24	0.92 mi	-	2	Flat
£2,200	04/25	0.92 mi	-	2	Flat
£2,200	01/25	0.96 mi	-	2	Flat
£2,200	01/25	0.96 mi	-	2	Flat
£2,000	02/25	0.96 mi	-	2	Flat
£2,200	04/24	0.96 mi	-	2	Flat
£1,550	02/25	1 mi	-	2	Flat
£1,700	12/24	1.02 mi	-	2	Flat
£1,850	04/24	1.03 mi	Douglas Close, Essex House, HA7	2	Flat
£1,800	04/25	1.03 mi	-	2	Flat
£2,100	04/24	1.03 mi	Heywood Court, 135 London Road, Stanmore, HA7	2	Flat
£1,950	04/24	1.07 mi	Claire Gardens Stanmore HA7	2	Flat
£1,750	03/25	1.09 mi	-	2	Flat
£1,550	10/24	1.12 mi	Elstree Hill South, WD6	2	Flat
£1,500	10/24	1.12 mi	Fuller Close, Fuller Close, Bushey, Bushey	2	Flat
£1,500	10/24	1.12 mi	Bushey, Fuller Close, Bushey	2	Flat
£1,800	02/24	1.13 mi	Albemarle Park, Stanmore, HA7	2	Flat
£1,950	01/24	1.14 mi	Goodhall Close Stanmore HA7	2	Flat
£1,750	02/25	1.14 mi	-	2	Flat
£1,750	10/24	1.17 mi	Richards Close, BUSHEY	2	Flat
£2,200	02/25	1.19 mi	-	2	Terraced House
£2,250	04/24	1.19 mi	Brockleyside, Stanmore, HA7	2	Terraced House
£1,800	02/25	1.23 mi	-	2	Flat

Local Area Statistics

Population in HA7	35,97635,976
Town centre distance	1.16 miles away1.16 miles away
Nearest school	0.60 miles away0.60 miles away
Nearest train station	1.07 miles away1.07 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-40%-40%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+18%+18%

Property History

Price changed to £270,000

December 4, 2024

Listed for £285,000

March 24, 2023

Floor Plans

Description

Ground Floor Apartment +
Excellent Location +
Reception/Kitchen +
Storage Cupboards +
Two Double Bedrooms +
Family Bathroom +
Communal Gardens +
Residents Parking +
732 Sq.Ft (68 Sq.M) +

Gibbs Gillespie are now in receipt of an offer for the sum of £270,000 for Flat 11, 24 Capel Crescent, HA7 4ZE. Anyone wishing to place an offer on this property should contact Gibbs Gillespie Stanmore on before exchange of contracts.

Gibbs Gillespie are pleased to be showcasing this chain free two double bedroom apartment, situated on the ever-popular Bentley Grove Estate.

The property comprises of an open plan kitchen and lounge, two bedrooms and a bathroom. The property also benefits from double glazed windows, communal gardens and has a secure allocated parking space.

This property is close to places of worship, recreational facilities, supermarkets, schools and major motorway links are well-provided for in the immediate vicinity. Stanmore Station is within close proximity to this property which can take you into Central London in less than an hour.

Agent Details

Gibbs Gillespie, Stanmore Sales

020 3907 2916

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.