3 Bed Flat, Cash/Bridging Only, Harrow, HA1 3PZ, £379,950

2 Gooden Court, Harrow On The Hill, HA1 3PZ - 9 views - a year ago

Cash
ROI: 3%
~86 m²
+10 photos

ValuationUndervalued

Sold Prices£195K - £757.5K
Sold Prices/m²£3.9K/m² - £9.1K/m²

 

 

Square Metres

~85.87 m²
Price/m²£4.4K/m²

Value Estimate

£391,349
BMV3%

 

 

End Value (After Refurb)

£487,651

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£94,988

Stamp Duty & Legal Fees

£19,096

Refurb Costs

£45,488

Bridging Loan Interest

£9,974

Total Cash In

£171,295

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£487,651

Agent Fees (1%)

£4,877

Bridging Loan

£284,963

Bridging Loan Interest

£9,974

Flip Profit

£26,517

Local Sold Prices

30 sold prices from £195K to £757.5K, average is £398.5K. £3.9K/m² to £9.1K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£505K01/230.1 miFlat 15, The Mount House, Sudbury Hill, Harrow, Greater London HA1 3NH3
£565K01/210.23 mi19, Elmfield Close, Harrow, Greater London HA1 3TL3
£433K03/210.31 mi33, London Road, Harrow, Greater London HA1 3JJ3
£757.5K11/200.43 mi33, King Henry Mews, Harrow, Greater London HA2 0JF3
£294K06/230.52 mi117a, Northolt Road, Harrow, Greater London HA2 0LX3
£195K12/210.52 mi157, Northolt Road, Harrow, Greater London HA2 0LX3
£300K09/230.58 mi59, Parkfield Road, Harrow, Greater London HA2 8LA3
£400K12/200.67 mi1, Elmwood Court, Wembley, Greater London HA0 2NT3
£536K05/210.79 mi85, Sherwood Avenue, Greenford, Greater London UB6 0PQ3
£489.9K11/210.82 mi45, Wadham Gardens, Greenford, Greater London UB6 0BP3
£397K12/220.87 mi17, Fentiman Way, Harrow, Greater London HA2 8FD3
£400K10/200.93 mi179, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AL3
£325K04/211.06 mi37a, Vaughan Road, Harrow, Greater London HA1 4DP3
£450K02/211.34 mi25a, Wellesley Road, Harrow, Greater London HA1 1QL3
£400K04/211.46 mi17, Radnor Road, Harrow, Greater London HA1 1RY3
£363K12/201.46 mi32a, Warrington Road, Harrow, Greater London HA1 1SY3
£441K08/231.59 mi46a, Nibthwaite Road, Harrow, Greater London HA1 1TA3
£335K03/211.62 mi226, The Heights, Northolt, Greater London UB5 4BX3
£382K11/201.64 mi111a, Rosslyn Crescent, Harrow, Greater London HA1 2RY3
£353K10/201.66 mi58a, Station Road, Harrow, Greater London HA1 2SQ3
£480K10/231.68 mi15a, Imperial Drive, Harrow, Greater London HA2 7BP3
£420K06/231.68 mi15b, Imperial Drive, Harrow, Greater London HA2 7BP3
£608K11/221.77 mi180, Conway Crescent, Perivale, Greenford, Greater London UB6 8JF3
£415K01/231.77 mi5, Badminton Close, Harrow, Greater London HA1 1UL3
£365K04/211.8 mi3, Community Road, Greenford, Greater London UB6 8XF3
£240K10/231.82 mi68b, Chaplin Road, Wembley, Greater London HA0 4UL3
£375K06/211.83 mi29, Legion Road, Greenford, Greater London UB6 8XG3
£345K06/211.84 mi2, Legion Road, Greenford, Greater London UB6 8XG3
£338K04/211.86 mi11a, Newbury Way, Northolt, Greater London UB5 4JD3
£375K06/211.94 mi35a, Southfield Park, Harrow, Greater London HA2 6HF3

Local Rents

14 rents from £1.9K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,30004/240.12 miChasewood Park, Harrow on the Hill3
£2,00002/240.15 miHerga Court, Sudbury Hill, Harrow on the Hill3
£2,60004/240.29 miRoxeth Hill, Harrow on the Hill, Harrow, HA23
£2,60001/250.37 mi-3
£2,60001/250.37 mi-3
£2,99004/240.42 mi-3
£3,50002/250.42 mi-3
£2,20004/240.48 miBrooke Avenue, South Harrow, Harrow, HA23
£2,29502/250.51 mi-3
£2,50002/250.53 mi-3
£2,80002/250.54 mi-3
£2,25004/240.59 miParkfield Road3
£1,85010/240.59 miGreenford Road, Greenford, Middlesex, UB63
£2,20012/240.6 mi-3

Local Area Statistics

Population in HA1

38,441

Population in Harrow

164,559

Town centre distance

1.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Buyer's market

Capital growth (5yrs)

+22%

Property History

Listed for £379,950

April 13, 2024

Floor Plans

Description

  • THREE BEDROOMS +
  • BALCONY +
  • GARAGE IN BLOCK +
  • 940+ YEAR LEASE PLUS SHARE OF FREEHOLD +
  • 885 SQUARE FEET +
  • OFF THE SOUGHT AFTER SOUTHILL AVENUE +
  • DOUBLE GLAZED +
  • RESIDENT PARKING +
  • CUL DE SAC LOCATION +

* Cash buyers only* Wilson Hawkins are pleased to offer for sale this SPACIOUS 3 BEDROOM apartment which is well situated on the ground floor in this popular development on the southern slopes of The Hill. The property benefits from a large 12'9 x 10' kitchen with a Zanussi oven & hob, bathroom plus a separate wc, generous 18'9 x 13'8 lounge with French doors to private balcony, 3 good size bedrooms, garage in block plus resident's parking. Long 940+ year lease plus SHARE of FREEHOLD.

The area is particularly well served for good schooling including Orley Farm Preparatory School, John Lyon, St Dominic's Sixth Form College and the renowned Harrow School.
Sudbury Hill Piccadilly Line & Overground Stations are approximately 0.6 miles away and the historic buildings, restaurants & wine bars on the old High Street are within a few minutes walk

Communal Front Door -

Communal Hall -

Own Front Door -

Lounge/Dining Room -

Kitchen -

Bedroom One -

Bedroom Two -

Bedroom Three/Study -

Bathroom -

Separate W.C. -

Outisde -

Communal Gardens -

Garage In A Block -

Further Information -

Lease- 944 Years Remaining -

Service Charge- Approx £3300 Per Annum -

Council Tax Band- E -

Agent Details

Wilson Hawkins, Harrow on the Hill

020 3835 5667

Next Steps?

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

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