2 Bed Flat, Single Let, Harrow, HA1 2TX, £280,000

High Mead, Harrow, Middlesex, HA1 2TX - 1 views - 2 years ago

Sold STC
Leasehold
BTL
ROI: 5%
~63 m²
+15 photos

ValuationUndervalued

Sold Prices£110K - £530K
Sold Prices/m²£3.4K/m² - £8.5K/m²

 

 

Square Metres

~63.40 m²
Price/m²£4.4K/m²

Value Estimate

£347,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£86,700

 

 

Cash Out

 

Rent Range

£1,500 - £2,100

Rent Estimate

£1,550

Running Costs/mo

£1,205

Cashflow/mo

£345

Cashflow/yr

£4,140

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £530K, average is £351.3K. £3.4K/m² to £8.5K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£400K06/210.07 mi23, Hamilton Road, Harrow, Greater London HA1 1SX2
£336K09/230.13 mi111, Rosslyn Crescent, Harrow, Greater London HA1 2RY2
£341.5K08/230.16 mi33a, Frognal Avenue, Harrow, Greater London HA1 2SG2
£475K03/210.16 mi70, Nibthwaite Road, Harrow, Greater London HA1 1TG2
£350K02/230.22 miFlat 10, Brandan House, Sovereign Place, Harrow, Greater London HA1 2FN2
£302K03/230.25 mi32, Glenwood Close, Harrow, Greater London HA1 2QL2
£315K01/210.25 mi2, Glenwood Close, Harrow, Greater London HA1 2QL2
£375K12/220.25 mi29, Welldon Crescent, Harrow, Greater London HA1 1QP2
£329K06/210.26 mi62d, Warrington Road, Harrow, Greater London HA1 1SY2
£396K06/230.26 miGround Floor Flat, 39, Welldon Crescent, Harrow, Greater London HA1 1QP2
£368K12/200.26 mi10a, Radnor Avenue, Harrow, Greater London HA1 1SB2
£330K02/210.26 mi25b, Radnor Avenue, Harrow, Greater London HA1 1SB2
£335K03/230.26 mi79, Elmgrove Road, Harrow, Greater London HA1 2QW2
£300K10/210.26 mi29, Glenwood Close, Harrow, Greater London HA1 2QN2
£352.5K02/210.28 miFlat 11, Leaf House, Catherine Place, Harrow, Greater London HA1 2JW2
£345K12/220.3 mi21, Duffield Close, Harrow, Greater London HA1 2LG2
£355K06/230.3 mi20, Duffield Close, Harrow, Greater London HA1 2LG2
£255K02/210.3 mi49, Elmgrove Crescent, Harrow, Greater London HA1 2QT2
£315K06/210.31 mi10, Rusland Heights, Harrow, Greater London HA1 1UU2
£295K06/210.32 mi36a, Herga Road, Harrow, Greater London HA3 5AS2
£322K08/230.32 mi24a, Herga Road, Harrow, Greater London HA3 5AS2
£420K02/210.32 mi78, Radnor Road, Harrow, Greater London HA1 1SA2
£375K01/210.32 mi54, Welldon Crescent, Harrow, Greater London HA1 1QR2
£338K08/230.34 miGround Floor Maisonette, 25, Harrow View, Harrow, Greater London HA1 1RE2
£407K12/220.36 mi73a, Harrow View, Harrow, Greater London HA1 1RF2
£311K01/230.36 mi44, Masons Avenue, Harrow, Greater London HA3 5AR2
£280K03/210.38 miLower Maisonette, 10, Harrow View, Harrow, Greater London HA1 1RG2
£414K01/230.38 miGround Floor Flat, 12, Oakley Road, Harrow, Greater London HA1 1QB2
£370K06/210.39 mi41, Ranmoor Close, Harrow, Greater London HA1 1UH2
£325K10/210.41 mi84, Harrow View, Harrow, Greater London HA1 4TE2
£355K02/210.43 mi29a, Salisbury Road, Harrow, Greater London HA1 1NU2
£262K03/230.43 mi207, Christchurch Avenue, Harrow, Greater London HA3 5BA2
£375K04/210.46 mi120a, Hindes Road, Harrow, Greater London HA1 1RR2
£330K03/210.52 miFlat 11, Lime Court, Gayton Road, Harrow, Greater London HA1 2YD2
£445.9K02/230.53 mi47a, Longley Road, Harrow, Greater London HA1 4TG2
£317.5K02/210.54 mi64a, Longley Road, Harrow, Greater London HA1 4TH2
£394K11/210.58 mi40a, Hide Road, Harrow, Greater London HA1 4SF2
£110K01/210.59 miFlat 4, Pinsent House, Greenleaf Way, Harrow, Greater London HA3 7SL2
£390K09/230.59 miFlat A, 186, Harrow View, Harrow, Greater London HA1 4TN2
£387K05/210.6 mi43a, Beresford Road, Harrow, Greater London HA1 4QR2
£387K05/210.6 mi43a, Beresford Road, Harrow, Greater London HA1 4QR2
£400K05/210.6 mi54, Lowlands Road, Harrow, Greater London HA1 3AN2
£407.5K12/200.62 mi9, Grant Road, Harrow, Greater London HA3 7SB2
£415K11/220.63 mi1, Kenton Avenue, Harrow, Greater London HA1 2BN2
£530K06/230.65 miFlat 7, Appin Court, Roxborough Park, Harrow, Greater London HA1 3BJ2
£280K11/200.65 mi11, Thurlby Close, Harrow, Greater London HA1 2LZ2
£246.5K04/210.67 mi22, Aberdeen Road, Harrow, Greater London HA3 7NF2
£370K12/200.68 mi42, Vaughan Road, Harrow, Greater London HA1 4EE2
£361K01/240.69 mi27a, Vaughan Road, Harrow, Greater London HA1 4DP2
£331.8K04/230.7 mi9, Devonshire Road, Harrow, Greater London HA1 4LP2

Local Rents

50 rents from £1.5K/mo to £2.1K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,60004/240 miHigh Mead, Harrow2
£1,85002/250.02 mi-2
£1,85001/250.02 mi-2
£1,75004/240.06 miStation Road, Wealdstone2
£1,84204/240.07 miStation Road,2
£1,75004/240.07 miStation Road, Wealdstone2
£1,75004/240.09 miStation Road, Harrow, Middlesex, HA12
£1,70004/240.1 miIsobel House, Station Road, Harrow, Middlesex, HA12
£1,69503/250.1 mi-2
£1,95012/240.12 mi-2
£1,95012/240.12 mi-2
£1,95012/240.12 mi-2
£1,95012/240.12 mi-2
£1,95012/240.12 mi-2
£1,95001/250.12 mi-2
£1,79504/240.14 miStation Road, Harrow, Middlesex, HA12
£1,70004/240.14 miBluepoint Court, Station Road, Harrow, HA1 2TS2
£1,95003/250.14 mi-2
£2,10003/250.14 mi-2
£1,95003/250.14 mi-2
£1,80001/250.14 mi-2
£1,79004/240.15 miStation Road, Harrow, HA12
£1,55003/250.17 mi-2
£1,90002/250.17 mi-2
£1,60003/250.17 mi-2
£1,90012/240.19 mi-2
£1,90012/240.19 mi-2
£1,90004/240.2 mi-2
£1,95003/250.21 mi-2
£1,90001/250.22 mi-2
£1,87512/240.22 mi-2
£1,90012/240.22 mi-2
£1,75006/210.24 miFairholme Road, Harrow2
£1,70001/250.25 mi-2
£2,00004/240.27 miCatherine Place, Harrow, HA12
£2,00001/250.27 mi-2
£1,50012/240.27 mi-2
£1,95004/240.28 miCatherine Place, Harrow, HA12
£1,87512/240.28 mi-2
£1,89502/250.28 mi-2
£1,80002/250.3 mi-2
£1,90003/250.3 mi-2
£1,85004/240.31 miGreenhill Way, Harrow, HA12
£1,85012/240.31 mi-2
£1,75012/240.32 mi-2
£2,00003/250.32 mi-2
£1,85003/240.32 miHindes Road, Harrow2
£1,80003/250.33 mi-2
£1,85003/240.33 miHindes Road, Harrow2
£1,65003/250.33 mi-2

Local Area Statistics

Population in HA1

38,441

Population in Harrow

164,559

Town centre distance

0.08 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Buyer's market

Capital growth (5yrs)

+22%

Property History

Price changed to £280,000

February 13, 2025

Listed for £300,000

October 3, 2023

Floor Plans

Description

  • Spacious second floor apartment +
  • Ideal for the downsizer or first time buyer +
  • Reception room +
  • Fitted kitchen +
  • Two bedrooms +
  • Shower room +
  • Residents parking +
  • Communal grounds +
  • Leasehold - Approx. 110 years remaining. EPC Rating C. Council Tax Band C +
  • 683 Sq. Ft. (63.4 Sq. M) +

A spacious, light and airy two double bedroom second floor apartment, ideal for the downsizer or first time buyer and set in a sought after location, situated close local transport links and shopping amenities.

The accommodation comprises an entrance hallway with built in storage. Leading off the hallway is the reception room, a fitted kitchen with a single door leading to the communal garden, two double bedrooms and a shower room. Externally, there are communal grounds surrounding the property and parking out the front on a first come first serve basis.

High Mead is situated off Station Road, within easy reach of local shops, schools, restaurants and bars and the Train Station at Harrow & Wealdstone on the Overground and Bakerloo Lines, as well as Harrow on the Hill Station on the Metropolitan and Overground Lines.

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 💪