5 Bed Semi-Detached House, Refurb/BRRR, Harrow, HA2 7EB, £675,000

Fernbrook Drive, Harrow, Middlesex, HA2 7EB - 2 years ago

Sold STC
Refurb/BRRR
~182 m²
+13 photos

ValuationFair Value

Sold Prices£250K - £1.2M
Sold Prices/m²£2.1K/m² - £11.4K/m²

 

 

Square Metres

~182.10 m²
Price/m²£3.7K/m²

Value Estimate

£675,000

 

 

End Value (After Refurb)

£1,056,344

Uplift in Value

+56%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£168,750

Stamp Duty & Legal Fees

£56,200

Refurb Costs

£96,337

Bridging Loan Interest

£17,719

Total Cash In

£340,756

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,056,344

Agent Fees (1%)

£10,563

Bridging Loan

£506,250

Bridging Loan Interest

£17,719

Flip Profit

£198,775

Local Sold Prices

44 sold prices from £250K to £1.2M, average is £742.8K. £2.1K/m² to £11.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£780K08/210.16 mi14, Elm Grove, Harrow, Greater London HA2 7JE5
£720K06/230.29 mi1, Tintern Way, Harrow, Greater London HA2 0RZ5
£925K11/200.37 mi124, Whitmore Road, Harrow, Greater London HA1 4AQ5
£919K01/210.37 mi140, Whitmore Road, Harrow, Greater London HA1 4AQ5
£790K01/210.39 mi36, Imperial Drive, Harrow, Greater London HA2 7LH5
£685K08/220.42 mi30, Wilson Gardens, Harrow, Greater London HA1 4DZ5
£732K01/210.43 mi63, Church Drive, Harrow, Greater London HA2 7NR5
£575K10/200.46 mi13, Argyle Road, Harrow, Greater London HA2 7AL5
£861.5K10/210.47 mi26, High Worple, Harrow, Greater London HA2 9SU5
£750K02/230.48 mi8, Argyle Road, Harrow, Greater London HA2 7AJ5
£703K07/230.49 mi69, Drury Road, Harrow, Greater London HA1 4BT5
£740K05/210.5 mi41, Worple Way, Harrow, Greater London HA2 9SN5
£690K12/200.52 mi5, Lankers Drive, Harrow, Greater London HA2 7PA5
£250K05/210.53 mi31, Lance Road, Harrow, Greater London HA1 4BL5
£600K06/210.6 mi75, Hillside Crescent, Harrow, Greater London HA2 0QU5
£624K06/230.65 mi2, Pinner View, Harrow, Greater London HA1 4QA5
£625K11/200.7 mi66, Ovesdon Avenue, Harrow, Greater London HA2 9PD5
£890K11/220.71 mi35, Lincoln Road, Harrow, Greater London HA2 7RH5
£717K05/210.71 mi71, Lincoln Road, Harrow, Greater London HA2 7RH5
£735K05/210.72 mi43, Lincoln Road, Harrow, Greater London HA2 7RH5
£665K12/200.73 mi369, Torbay Road, Harrow, Greater London HA2 9QD5
£644K09/230.73 mi355, Torbay Road, Harrow, Greater London HA2 9QD5
£725K03/210.73 mi27, Waverley Road, Harrow, Greater London HA2 9RG5
£824.5K08/230.76 mi33, Devonshire Road, Harrow, Greater London HA1 4LS5
£890K12/200.79 mi18, St Michaels Crescent, Pinner, Greater London HA5 5LG5
£825K01/230.83 mi24, Mount Drive, Harrow, Greater London HA2 7RP5
£850K01/230.83 mi166, Northumberland Road, Harrow, Greater London HA2 7RG5
£990K08/220.84 mi18, St Michaels Crescent, Pinner, Greater London HA5 5LG5
£690K08/210.84 mi85, Eastcote Lane, Harrow, Greater London HA2 8RN5
£875K09/230.87 mi85, Bessborough Road, Harrow, Greater London HA1 3DB5
£905K03/210.9 mi25, Roxborough Avenue, Harrow, Greater London HA1 3BT5
£690K02/210.91 mi186, Torbay Road, Harrow, Greater London HA2 9QL5
£715K06/230.93 mi19, Lulworth Gardens, Harrow, Greater London HA2 9NW5
£1.2M10/200.94 mi3, Chartwell Place, Harrow, Greater London HA2 0HE5
£1.2M10/200.94 mi3, Chartwell Place, Harrow, Greater London HA2 0HE5
£600K04/210.96 mi64, Lynton Road, Harrow, Greater London HA2 9NN5
£600K04/210.96 mi64, Lynton Road, Harrow, Greater London HA2 9NN5
£745.5K05/210.96 mi32, Melrose Road, Pinner, Greater London HA5 5RA5
£975K02/230.97 mi15, Stirling Avenue, Pinner, Greater London HA5 1JS5
£1.2M02/230.98 mi27, Roxborough Park, Harrow, Greater London HA1 3BA5
£755K11/230.98 mi73, Chestnut Drive, Pinner, Greater London HA5 1LX5
£690K10/201 mi82, Longley Road, Harrow, Greater London HA1 4TQ5
£817.5K10/221 mi27, Pembroke Avenue, Pinner, Greater London HA5 1JP5
£847.5K02/231 mi28, Pembroke Avenue, Pinner, Greater London HA5 1JP5

Local Rents

50 rents from £500/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,35004/240.01 miFernbrook Drive, North Harrow3
£2,40012/240.14 mi-3
£3,30012/240.2 mi-5
£2,30003/250.21 mi-3
£2,40003/250.22 mi-3
£2,39504/240.23 miThe Ridgeway, North Harrow3
£3,30002/240.26 miImperial Drive, Harrow5
£2,50004/240.26 mi-3
£50002/250.26 mi-4
£1,40004/240.29 mi-12
£2,50004/240.3 miParkthorne Close, Harrow, HA23
£2,40003/250.32 mi-3
£2,50004/240.33 miParkthorne Drive, North Harrow3
£2,75004/240.34 miRayners Lane Harrow HA24
£2,20004/240.34 miImperial Drive, Harrow3
£2,40003/250.35 mi-3
£2,55002/250.37 mi-4
£2,50004/240.38 miWilson Gardens, Harrow4
£2,10003/240.41 miOxleay Road, Harrow, Greater London, HA23
£2,40004/240.42 miButler Road, West Harrow, Harrow, HA13
£3,29503/250.44 mi-4
£2,95001/250.44 mi-3
£2,10003/250.45 mi-3
£2,10002/250.47 mi-3
£2,37504/240.47 miLankers Drive, North Harrow, Middlesex, HA24
£2,45003/250.47 mi-4
£3,00002/250.48 mi-4
£2,50004/240.48 mi-3
£2,50004/240.48 mi-3
£2,40004/240.48 miDrury Road, West Harrow4
£2,60001/250.48 mi-4
£2,30012/240.48 miArgyle Road, North Harrow3
£2,25001/250.49 mi-3
£2,30002/250.49 mi-3
£2,89512/240.49 mi-4
£2,95003/250.49 mi-4
£2,30001/250.5 mi-3
£2,50004/240.5 miDrury Road, Harrow, HA1 4BN3
£2,70003/250.51 mi-4
£1,00004/240.52 mi-4
£2,22512/240.53 mi-3
£2,35012/240.53 mi-3
£2,50004/240.54 miBerriton Road, Harrow4
£2,80002/250.54 mi-4
£2,80003/250.54 mi-4
£2,80003/250.54 mi-4
£3,50003/250.56 mi-4
£2,80004/240.56 miPinner Road, North Harrow4
£2,30012/240.56 mi-3
£2,40004/240.57 miChester Drive, Harrow, HA23

Local Area Statistics

Population in HA2

55,273

Population in Harrow

164,559

Town centre distance

1.44 miles away

Nearest school

0.40 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Price changed to £675,000

January 19, 2025

Listed for £700,000

July 4, 2023

Floor Plans

Description

  • Five bedroom semi detached house with great potential +
  • Three reception rooms +
  • Kitchen +
  • Two bathrooms +
  • Off road parking +
  • Private rear garden +
  • Freehold. EPC Rating C. Council Tax Band F +
  • 1961 Sq. Ft. (182.1 Sq. M) +

Situated in a family friendly residential location, this spacious five bedroom, two bathroom semi detached house is in need of some internal modernisation to unlock its full potential.

The accommodation comprises an entrance hallway, a shower room, a front aspect reception room, a bedroom, a second reception room, which opens onto the garden and a dining room, which also opens onto the garden and the kitchen. Following up to the first floor are four bedrooms and a family bathroom. Externally, there is off street parking to the front of the property. To the rear aspect is a sun kissed garden perfect for alfresco dining.

Fernbrook Drive is situated between Rayners Lane and North Harrow with both stations providing a fast service into Central London on the Metropolitan and Piccadilly lines respectively. The area is also well served by bus routes and there are a number of local amenities within walking distance.

Agent Details

Gibbs Gillespie, Harrow Sales

020 3909 9703

Next Steps?

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