3 Bed Terraced House, Refurb/BRRR, Pinner, HA5 3BQ, £569,950

Wakehams Hill, Pinner, HA5 3BQ - 1 views - 2 years ago

Sold STC
Refurb/BRRR
~109 m²
+8 photos

ValuationFair Value

Sold Prices£250K - £1.3M
Sold Prices/m²£5.4K/m² - £11.4K/m²

 

 

Square Metres

~108.60 m²
Price/m²£5.2K/m²

Value Estimate

£575,650

 

 

End Value (After Refurb)

£672,914

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£142,488

Stamp Duty & Legal Fees

£34,296

Refurb Costs

£57,453

Bridging Loan Interest

£14,961

Total Cash In

£250,948

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£672,914

Mortgage (After Refinance)

£504,686

Mortgage LTV

75%

Cash Released

£77,223

Cash Left In

£173,724

Equity

£168,229

Rent Range

£1,650 - £3,800

Rent Estimate

£2,358

Running Costs/mo

£2,594

Cashflow/mo

£-236

Cashflow/yr

£-2,837

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £1.3M, average is £675K. £5.4K/m² to £11.4K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£572.5K05/210 mi62, Wakehams Hill, Pinner, Greater London HA5 3BQ3
£615K09/230 mi28, Wakehams Hill, Pinner, Greater London HA5 3BQ3
£585K06/210.03 mi26, Wakehams Hill, Pinner, Greater London HA5 3BQ3
£950K12/220.16 mi65, Anglesmede Crescent, Pinner, Greater London HA5 5ST3
£860K05/230.16 mi77, Anglesmede Crescent, Pinner, Greater London HA5 5ST3
£530K11/200.17 mi27, Copperfield Way, Pinner, Greater London HA5 5RY3
£570K03/210.22 miClovelly, The Chase, Pinner, Greater London HA5 5QP3
£618K11/200.23 mi109, George V Avenue, Pinner, Greater London HA5 5SU3
£620K01/230.23 mi9, The Chase, Pinner, Greater London HA5 5QP3
£570K04/210.23 miTrenton, The Chase, Pinner, Greater London HA5 5QP3
£620K06/210.23 mi12, Marsh Road, Pinner, Greater London HA5 5NH3
£675K06/210.26 mi30, George V Avenue, Pinner, Greater London HA5 5SE3
£655K09/210.27 mi659, Pinner Road, Pinner, Greater London HA5 5RS3
£580K09/210.3 mi7, Kingsley Road, Pinner, Greater London HA5 5RB3
£615K07/230.3 mi25, Kingsley Road, Pinner, Greater London HA5 5RB3
£605K08/230.34 mi617, Pinner Road, Pinner, Greater London HA5 5RT3
£250K11/220.34 mi20, Hillview Gardens, Harrow, Greater London HA2 6HJ3
£710K03/230.37 mi1, Birkdale Avenue, Pinner, Greater London HA5 5SG3
£555K02/230.37 mi15, Thrush Green, Harrow, Greater London HA2 6EZ3
£500K05/210.37 mi43, Thrush Green, Harrow, Greater London HA2 6EZ3
£1.3M06/210.37 mi68, Moss Lane, Pinner, Greater London HA5 3AU3
£700K11/220.39 mi164, Northumberland Road, Harrow, Greater London HA2 7RG3
£650K09/210.4 mi43, Holmdene Avenue, Harrow, Greater London HA2 6HP3
£682.5K08/210.42 mi13, School Lane, Pinner, Greater London HA5 5NF3
£760K12/220.42 mi12, School Lane, Pinner, Greater London HA5 5NF3
£700K12/230.42 mi119, Northumberland Road, Harrow, Greater London HA2 7RB3
£1.1M11/220.43 mi5, Moss Close, Pinner, Greater London HA5 3AY3
£1.2M02/230.43 mi10, Moss Close, Pinner, Greater London HA5 3AY3
£1.2M04/230.43 mi7, Moss Close, Pinner, Greater London HA5 3AY3
£570K10/200.44 mi43, Headstone Lane, Harrow, Greater London HA2 6JJ3
£750K02/210.45 mi31, Love Lane, Pinner, Greater London HA5 3EE3
£815K04/210.45 mi61, Anglesmede Crescent, Pinner, Greater London HA5 5ST3
£715K12/220.46 mi77, Mount Drive, Harrow, Greater London HA2 7RW3
£712.5K06/210.47 mi42, Mount Drive, Harrow, Greater London HA2 7RP3
£675K04/210.48 mi98, Cambridge Road, Harrow, Greater London HA2 7LE3
£656K10/200.49 mi1, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QL3
£855K10/210.49 mi27, Melbourne Avenue, Pinner, Greater London HA5 5SJ3
£280K03/210.5 mi2, Cambridge Road, Harrow, Greater London HA2 7LD3
£575K05/210.5 mi127, Cambridge Road, Harrow, Greater London HA2 7LB3
£757.5K12/220.5 mi17, Ashridge Gardens, Pinner, Greater London HA5 1DU3
£695K12/220.51 mi14, Woodlands, Harrow, Greater London HA2 6EL3
£675K10/200.51 mi17, Manor Park Drive, Harrow, Greater London HA2 6HT3
£650K10/230.51 mi40, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QN3
£625K09/210.51 mi52, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QN3
£735K09/230.51 mi2, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QN3
£818K03/210.52 mi124, Headstone Lane, Harrow, Greater London HA2 6JN3
£550K12/200.54 mi83, Northumberland Road, Harrow, Greater London HA2 7RA3
£1.1M11/230.54 mi71, Love Lane, Pinner, Greater London HA5 3EY3
£785K09/220.56 mi614, Rayners Lane, Pinner, Greater London HA5 5HT3
£970K03/230.56 miTwo Trees, Little Moss Lane, Pinner, Greater London HA5 3BA3

Local Rents

15 rents from £1.6K/mo to £3.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,10004/240.32 miFire Brigade Cottages, Pinner Road, Pinner3
£2,20004/240.34 mi-3
£2,20004/240.34 miFire Brigade Cottages, Pinner, HA53
£2,39504/240.34 miHillview Gardens, Harrow, Middlesex HA23
£2,50004/240.35 mi-3
£3,00004/240.35 miCecil Park3
£2,50003/240.38 miNorthumberland Road, North Harrow3
£2,70004/240.45 miAvenue Road, Pinner3
£1,65004/240.49 miGrove Avenue, Pinner3
£2,70004/240.5 miLove Lane, Pinner, HA53
£2,60001/250.52 mi-3
£1,85004/240.52 miBridge Street, Pinner3
£2,15002/250.53 mi-3
£2,50004/240.58 miManor Way, Harrow3
£3,80003/250.6 mi-3

Local Area Statistics

Population in HA5

44,534

Town centre distance

0.80 miles away

Nearest school

0.40 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £569,950

August 17, 2023

Floor Plans

Description

´ This lovely three bedroom mid terrace house provides an excellent opportunity for modernisation and investment. The house benefits from two bathrooms ( one en suite) and a downstairs cloakroom/W.C. It is situated close to various primary and secondary schools some of which are rated OUSTANDING by Ofsted, the house is situated 0.5 miles from Pinner High Street, with its variety of shops and restaurants.

Pinner station can be found at the end of the High street on station approach and gives direct access to central London via the Metropolitan line.

The property benefits from a garage located at the bottom of the rear garden and is being sold chain free' .

Agent Details

Andrew Pearce, Pinner

020 3907 3635

Next Steps?

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