6 Bed Semi-Detached House, Planning Permission, London, NW4 2EJ, £1,150,000

Sydney Grove, Hendon, NW4 2EJ - 2 years ago

Planning

~186 m²

+11 photos

ValuationFair Value

Sold Prices	£1.0M - £3.3M
Sold Prices/m²	£5.3K/m² - £9.5K/m²

Square Metres	~186 m²
Price/m²	£6.2K/m²
Value Estimate	£1,150,000£1,150,000

End Value (After Refurb)	£1,263,893£1,263,893
Uplift in Value	+10%+10%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£287,500£287,500
Stamp Duty & Legal Fees	£117,450£117,450
Refurb Costs	£98,400£98,400
Bridging Loan Interest	£30,188£30,188
Total Cash In	£535,288£535,288

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,263,893£1,263,893
Mortgage (After Refinance)	£947,920£947,920
Mortgage LTV	75%75%
Cash Released	£85,420£85,420
Cash Left In	£449,868£449,868
Equity	£315,973£315,973
Rent Range	£1,850 - £6,500£1,850 - £6,500
Rent Estimate	£3,183
Running Costs/mo	£4,606£4,606
Cashflow/mo	£-1,423£-1,423
Cashflow/yr	£-17,079£-17,079
Gross Yield	3%3%

Local Sold Prices

27 sold prices from £1.0M to £3.3M, average is £1.6M. £5.3K/m² to £9.5K/m², average is £7.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.9M	11/23	0.21 mi	19, Prothero Gardens, London, Greater London NW4 3SJ	£7,582	244	6	Semi-Detached House
£1.2M	12/22	0.32 mi	44, Brent Street, London, Greater London NW4 2ET	-	-	6	Semi-Detached House
£1.3M	08/23	0.35 mi	24, Shirehall Lane, London, Greater London NW4 2PD	£6,293	205	6	Semi-Detached House
£1.6M	11/22	0.44 mi	58, Shirehall Park, London, Greater London NW4 2QX	£7,429	212	6	Detached House
£1.3M	06/21	0.47 mi	20, Vaughan Avenue, London, Greater London NW4 4HU	-	-	6	Detached House
£1.4M	06/22	0.48 mi	12, Green Walk, London, Greater London NW4 2AJ	£9,506	147	6	Detached House
£1.6M	07/23	0.48 mi	2, Green Walk, London, Greater London NW4 2AJ	£8,287	192	6	Detached House
£1.0M	07/23	0.5 mi	28, Sevington Road, London, Greater London NW4 3RX	-	-	6	Semi-Detached House
£1.8M	08/21	0.58 mi	4, Tenterden Gardens, London, Greater London NW4 1TE	-	-	6	Detached House
£1.2M	01/23	0.59 mi	11a, Talbot Crescent, London, Greater London NW4 4PD	£5,334	217	6	Detached House
£1.2M	03/21	0.61 mi	5, Sinclair Grove, London, Greater London NW11 9JH	£6,977	172	6	Semi-Detached House
£2.8M	04/21	0.63 mi	30, Cedars Close, London, Greater London NW4 1TR	£7,932	353	6	Detached House
£3.3M	05/22	0.65 mi	6, Havanna Drive, London, Greater London NW11 9BB	£6,992	472	6	Detached House
£1.8M	11/20	0.68 mi	48, Downage, London, Greater London NW4 1AH	£6,182	296	6	Detached House
£2.6M	09/21	0.69 mi	31, Sherwood Road, London, Greater London NW4 1AE	£7,514	346	6	Detached House
£1.6M	01/22	0.77 mi	7, Parklands Drive, London, Greater London N3 3HA	£7,882	203	6	Detached House
£2.5M	05/22	0.8 mi	3, Fairholme Close, London, Greater London N3 3EE	-	-	6	Detached House
£1.1M	07/22	0.8 mi	16, St Marys Road, London, Greater London NW11 9UG	-	-	6	Terraced House
£1.9M	10/22	0.81 mi	72, Downage, London, Greater London NW4 1HP	£7,135	260	6	Detached House
£1.7M	11/22	0.86 mi	22, Hillcrest Avenue, London, Greater London NW11 0EN	£8,019	207	6	Semi-Detached House
£1.8M	03/21	0.89 mi	34, Fairholme Gardens, London, Greater London N3 3EB	£6,506	269	6	Detached House
£1.1M	01/21	0.9 mi	54, Hurstwood Road, London, Greater London NW11 0AU	£6,725	171	6	Semi-Detached House
£1.6M	06/21	0.93 mi	34, Manor Hall Avenue, London, Greater London NW4 1NX	£5,739	284	6	Detached House
£1.8M	03/21	0.94 mi	23, Haslemere Gardens, London, Greater London N3 3EA	-	-	6	Detached House
£1.1M	03/21	0.95 mi	4, Monkville Avenue, London, Greater London NW11 0AH	£5,960	177	6	Detached House
£1.1M	01/24	0.99 mi	29, Sneath Avenue, London, Greater London NW11 9AJ	£8,295	134	6	Semi-Detached House
£1.6M	02/21	0.99 mi	47, Allandale Avenue, London, Greater London N3 3PY	£8,699	179	6	Semi-Detached House

Local Rents

49 rents from £1.9K/mo to £6.5K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,250	01/25	0.01 mi	-	4	Semi-Detached House
£3,000	01/25	0.03 mi	-	3	Semi-Detached House
£2,750	07/24	0.08 mi	-	3	Flat
£3,500	06/24	0.08 mi	Highview House, Queens Road, London, NW4	3	Flat
£3,500	06/24	0.08 mi	Queens Road, London	3	Flat
£6,500	06/24	0.08 mi	Queens Road, Hendon, NW4	3	Flat
£3,500	06/24	0.09 mi	6 Queens Road, London, NW4	3	Flat
£2,145	03/24	0.09 mi	Highview House, Queens Road, London, NW4	3	Flat
£5,005	09/24	0.11 mi	Wykeham Road, Hendon, NW4	4	House
£4,000	06/24	0.11 mi	Queens Way, Hendon, London, NW4	5	Detached House
£5,005	09/24	0.12 mi	Wykeham Road, Hendon, NW4	4	Detached House
£3,400	12/24	0.13 mi	-	3	Flat
£2,500	02/24	0.13 mi	-	3	Flat
£2,100	07/24	0.14 mi	Heriot Road, Hendon, NW4	3	Flat
£2,500	06/24	0.16 mi	Collingwood Court, London, NW4	3	Flat
£2,800	08/24	0.17 mi	-	4	Flat
£2,800	08/24	0.17 mi	-	4	Flat
£2,800	08/24	0.17 mi	Collingwood Court, Hendon, NW4	4	Flat
£2,301	06/24	0.17 mi	Collingwood Court , Queens Road, Hendon NW4	3	Flat
£3,500	06/24	0.18 mi	Water Brook Lane, London	5	Detached House
£3,500	06/24	0.18 mi	Water Brook Lane, Hendon, NW4	5	Flat
£4,900	04/25	0.18 mi	-	4	Detached House
£4,000	06/24	0.18 mi	Waterbrook Lane, London, NW4	5	Detached House
£4,200	08/24	0.19 mi	Brent Street, London, NW4	3	Bungalow
£2,750	01/25	0.2 mi	-	3	Flat
£1,850	08/24	0.2 mi	Queens Mansions, Watford Way, Hendon, NW4	3	Flat
£2,100	06/24	0.2 mi	-	3	Flat
£1,850	08/24	0.2 mi	Watford Way, Hendon Central	3	Flat
£3,250	08/24	0.21 mi	Prothero Gardens, Hendon, NW4	3	House
£3,250	03/24	0.21 mi	Prothero Gardens, London, NW4	3	Terraced House
£4,100	06/24	0.22 mi	Cheyne Close, NW4 3NH	4	Flat
£2,350	07/24	0.22 mi	Brent Street, Hendon, London NW4	4	Flat
£2,500	08/24	0.22 mi	Brent Street, Hendon, London NW4	3	Flat
£5,000	06/24	0.22 mi	Cheyne Walk, London	5	Semi-Detached House
£4,995	04/25	0.22 mi	-	5	Semi-Detached House
£2,500	07/24	0.23 mi	Hendon, London, NW4	3	Flat
£2,515	07/24	0.23 mi	-	3	Flat
£2,500	09/24	0.23 mi	Brent Street,	3	Flat
£2,102	07/24	0.24 mi	Watford Way, Hendon,NW4 3AU	3	Flat
£3,000	06/24	0.26 mi	Somerset Road, Hendon, NW4 4EP	4	Detached House
£3,200	07/24	0.26 mi	Somerset Road, Hendon, NW4 4EP	4	Semi-Detached House
£3,300	06/24	0.26 mi	Park View Gardens, London	3	Semi-Detached House
£3,200	06/24	0.26 mi	-	3	Semi-Detached House
£3,000	08/24	0.27 mi	Acacia Court, 1 Brent Green, London, NW4 2HA	3	Flat
£2,800	06/24	0.27 mi	Somerset Road, London, NW4	4	Terraced House
£2,850	09/24	0.28 mi	-	3	Flat
£2,695	08/24	0.28 mi	Vivian Avenue, London, NW4	3	Flat
£2,350	08/24	0.28 mi	Burnham Court, Brent Street, Hendon, NW4	3	Flat
£2,350	08/24	0.28 mi	Burnham Court, Brent Street, Hendon, NW4	3	Flat

Local Area Statistics

Population in NW4	31,74531,745
Population in London	4,771,9214,771,921
Town centre distance	6.39 miles away6.39 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.17 miles away0.17 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+8%+8%

Property History

Price changed to £1,150,000

December 4, 2024

Listed for £1,200,000

July 21, 2023

Floor Plans

Description

OFF STREET PARKING +
LUXURY KITCHEN +
TWO BATHROOMS +
WOODEN FLOORING THROUGHOUT +
PLANNING PERMISSION IN PLACE FOR REAR EXTENSION TASTEFUL DECOR +
CONVENIENT LOCATION +
COUNCIL TAX BAND F +
SOLD WITH NO CHAIN +

Chain free. A stunning tastefully modernised 6 bedroom semi detached family home ideally situated close to local transport and shopping facilities.

Benefits include off street parking, luxury kitchen, two bathrooms, wooden flooring throughout, planning permission in place for rear extension, tasteful décor, convenient location and sold with no chain.

An internal viewing is highly recommended via the Vendors Sole Agent Ellis and Co.

Agent Details

Ellis & Co, Golders Green

020 3869 5635

Next Steps?

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

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