2 Bed Flat, Single Let, Northwood, HA6 2BD, £550,000

Northwood, Middlesex, HA6 2BD - 4 views - a year ago

Leasehold

BTL

~89 m²

+5 photos

ValuationOvervalued

Sold Prices	£285K - £625K
Sold Prices/m²	£2.9K/m² - £8K/m²

Square Metres	~89.20 m²
Price/m²	£6.2K/m²
Value Estimate	£513,974£513,974

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£137,500£137,500
Stamp Duty & Legal Fees	£32,700£32,700
Total Cash In	£170,200£170,200

Cash Out
Rent Range	£500 - £3,200£500 - £3,200
Rent Estimate	£1,496
Running Costs/mo	£2,038£2,038
Cashflow/mo	£-542£-542
Cashflow/yr	£-6,503£-6,503
Gross Yield	3%3%

Local Sold Prices

33 sold prices from £285K to £625K, average is £486.3K. £2.9K/m² to £8K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£425K	04/23	0.06 mi	12, Anthus Mews, Northwood, Greater London HA6 2GX	-	-	2	Flat
£525K	12/22	0.14 mi	8, The Glen, Northwood, Greater London HA6 2UP	-	-	2	Flat
£475K	12/21	0.14 mi	10, The Glen, Northwood, Greater London HA6 2UP	£5,723	83	2	Flat
£475K	11/20	0.14 mi	12, The Glen, Northwood, Greater London HA6 2UP	£5,938	80	2	Flat
£350K	11/21	0.15 mi	33, Hawkesworth Close, Northwood, Greater London HA6 2FT	-	-	2	Flat
£395K	02/21	0.16 mi	2, Dormans Close, Northwood, Greater London HA6 2FX	£6,810	58	2	Flat
£525K	02/23	0.17 mi	4, Welcote Drive, Northwood, Greater London HA6 2NG	-	-	2	Flat
£500K	04/23	0.18 mi	37, The Glen, Northwood, Greater London HA6 2UR	£6,410	78	2	Flat
£625K	08/23	0.18 mi	52, The Glen, Northwood, Greater London HA6 2UR	£6,443	97	2	Flat
£380K	02/21	0.19 mi	34, Dormans Close, Northwood, Greater London HA6 2FX	£6,441	59	2	Flat
£550K	12/22	0.19 mi	82a, Green Lane, Northwood, Greater London HA6 1AJ	-	-	2	Flat
£510K	11/23	0.2 mi	1b, Hallowell Road, Northwood, Greater London HA6 1DR	£6,538	78	2	Flat
£575K	06/21	0.22 mi	4, Myrtleside Close, Northwood, Greater London HA6 2XH	£6,077	95	2	Flat
£580K	06/23	0.22 mi	24, Myrtleside Close, Northwood, Greater London HA6 2XH	-	-	2	Flat
£500K	02/21	0.25 mi	51, Myrtleside Close, Northwood, Greater London HA6 2XQ	£4,909	102	2	Flat
£450K	11/20	0.25 mi	39, Myrtleside Close, Northwood, Greater London HA6 2XQ	£3,879	116	2	Flat
£400K	11/22	0.29 mi	88, Hallowell Road, Northwood, Greater London HA6 1DS	£8,000	50	2	Flat
£486.3K	11/23	0.3 mi	21, Cervantes Court, Northwood, Greater London HA6 1AL	£6,078	80	2	Flat
£540K	06/21	0.31 mi	10, Cervantes Court, Northwood, Greater London HA6 1AL	£5,510	98	2	Flat
£565K	02/23	0.31 mi	6, Cervantes Court, Northwood, Greater London HA6 1AL	£4,956	114	2	Flat
£499.9K	02/21	0.33 mi	28, Eastbury Road, Northwood, Greater London HA6 3AL	£6,328	79	2	Flat
£335K	06/21	0.37 mi	15, Langland Court, Northwood, Greater London HA6 2NH	£5,000	67	2	Flat
£352K	06/21	0.37 mi	10, Langland Court, Northwood, Greater London HA6 2NH	£5,410	65	2	Flat
£370K	04/23	0.37 mi	12, Langland Court, Northwood, Greater London HA6 2NH	£5,801	64	2	Flat
£390K	06/23	0.37 mi	10, Langland Court, Northwood, Greater London HA6 2NH	£5,994	65	2	Flat
£425K	10/22	0.46 mi	7, Deane Court, Northwood, Greater London HA6 1HF	£6,336	67	2	Flat
£387.5K	08/23	0.5 mi	2a, Kewferry Road, Northwood, Greater London HA6 2PD	-	-	2	Flat
£355K	05/21	0.52 mi	5, Glenshee Close, Northwood, Greater London HA6 2UH	£6,017	59	2	Flat
£285K	10/22	0.52 mi	22a, High Street, Northwood, Greater London HA6 1BN	£2,938	97	2	Flat
£505K	04/21	0.9 mi	Flat 2, Birken Court, Rickmansworth Road, Northwood, Greater London HA6 2GY	-	-	2	Flat
£535K	08/22	0.91 mi	Flat 2, Kevere Court, Kewferry Drive, Northwood, Greater London HA6 2NF	-	-	2	Flat
£600K	07/22	0.91 mi	11, Carlton Place, Northwood, Greater London HA6 2JX	£5,263	114	2	Flat
£560K	09/21	0.93 mi	7, Carlton Place, Northwood, Greater London HA6 2JX	£4,567	123	2	Flat

Local Rents

50 rents from £500/mo to £3.2K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,700	02/24	0.06 mi	Anthus Mews, Northwood, Middlesex, HA6 2GX	2	Flat
£2,100	04/24	0.06 mi	-	2	Flat
£1,450	04/24	0.07 mi	Green Lane, Northwood, HA6	2	Flat
£2,350	04/24	0.12 mi	Green Lane, Northwood, HA6	2	Flat
£1,600	05/24	0.15 mi	-	2	Flat
£1,495	04/24	0.15 mi	-	2	Flat
£1,600	05/24	0.15 mi	-	2	Flat
£1,600	12/24	0.15 mi	-	2	Flat
£1,700	04/24	0.15 mi	Hawkesworth Close, Northwood, HA6	2	Flat
£1,600	05/24	0.15 mi	Hawkesworth Close, Northwood, HA6	2	Flat
£1,750	05/24	0.15 mi	Hawkesworth Close, Northwood, Middlesex, HA6 2FT	2	Terraced House
£1,650	04/24	0.16 mi	-	2	Flat
£1,575	02/25	0.16 mi	-	2	Flat
£1,550	04/24	0.16 mi	Chester Place Green Lane, Northwood, Greater London, HA6	2	Flat
£1,850	04/24	0.16 mi	-	2	Flat
£1,850	02/25	0.16 mi	-	2	Flat
£1,795	05/24	0.17 mi	-	2	Flat
£1,795	04/24	0.17 mi	Dormans Close, Northwood, HA6	2	Flat
£1,750	04/24	0.2 mi	St. Matthews Court, Forge Lane, Northwood, Greater London, HA6	2	Flat
£1,750	05/24	0.23 mi	Murray Road, Northwood, HA6	2	Flat
£2,000	05/24	0.28 mi	Northwood, HA6, HA6	2	Flat
£1,650	03/24	0.37 mi	Langland Court	2	Flat
£1,925	03/25	0.38 mi	-	2	Semi-Detached House
£1,875	03/25	0.4 mi	-	2	Terraced House
£1,350	03/25	0.41 mi	-	2	Flat
£1,550	01/25	0.41 mi	-	2	Flat
£2,000	12/24	0.43 mi	-	2	Flat
£1,800	12/24	0.43 mi	-	2	Flat
£1,750	04/24	0.44 mi	Park Court, Northwood, HA6	2	Flat
£1,750	05/24	0.44 mi	-	2	Flat
£1,850	12/24	0.44 mi	-	2	Flat
£1,775	12/24	0.46 mi	-	2	Flat
£1,850	01/25	0.46 mi	-	2	Flat
£1,600	03/25	0.47 mi	-	2	Flat
£1,875	03/25	0.48 mi	-	2	Terraced House
£1,500	05/24	0.48 mi	-	2	Bungalow
£1,800	03/25	0.48 mi	-	2	Bungalow
£500	03/25	0.49 mi	-	2	Flat
£1,600	03/25	0.49 mi	-	2	Flat
£1,890	04/24	0.5 mi	High Street, Northwood, HA6	2	Semi-Detached House
£2,200	05/24	0.5 mi	High Street, Northwood	2	Terraced House
£1,600	03/25	0.5 mi	-	2	Flat
£2,500	01/25	0.5 mi	-	2	Flat
£3,200	04/25	0.5 mi	-	2	Flat
£1,800	04/24	0.51 mi	Athena Place	2	Terraced House
£2,350	04/24	0.53 mi	Admirals Court, Eastbury Avenue	2	Flat
£1,975	12/24	0.54 mi	-	2	Flat
£2,400	04/24	0.54 mi	-	2	Flat
£2,495	03/25	0.54 mi	-	2	Flat
£2,075	05/24	0.55 mi	-	2	Semi-Detached House

Local Area Statistics

Population in HA6	21,90121,901
Town centre distance	0.23 miles away0.23 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.10 miles away0.10 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-11%-11%
Sales demand	Buyer's marketBuyer's market

Property History

Listed for £550,000

April 23, 2024

Floor Plans

Description

Leasehold Term 189 years from 25/03/1970 +
Two Double Bedrooms +
Family Bathroom +
Reception Room +
Kitchen +
Ground Floor +
0.1 Miles From Northwood Underground Station +
0.2 Miles from Good Ofsted Rated Schools +
Chain Free +
Garage in a block +

Property Description

Located on the ground floor of an ever popular purpose built block in central Northwood, this appealing apartment has well-proportioned rooms, high ceilings and a garage in a block. Located local to amenities and public transport.

Agent Details

Chancellors, Northwood

01923 961739

Next Steps?

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

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