3 Bed Flat, Single Let, Stanmore, HA7 1DX, £365,000

34 Chichester Court, Stanmore, Greater London, HA7 1DX - 3 views - a year ago

Leasehold
BTL
ROI: 6%
76 m²
+7 photos

ValuationUndervalued

Sold Prices£160K - £858.3K
Sold Prices/m²£1.6K/m² - £9K/m²

 

 

Square Metres

75.50 m²
Price/m²£4.8K/m²

Value Estimate

£381,095
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£17,900

Total Cash In

£109,150

 

 

Cash Out

 

Rent Range

£1,900 - £5,000

Rent Estimate

£2,181

Running Costs/mo

£1,597

Cashflow/mo

£584

Cashflow/yr

£7,010

ROI

6%

Gross Yield

7%

Local Sold Prices

28 sold prices from £160K to £858.3K, average is £476.8K. £1.6K/m² to £9K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£660K06/210.55 mi5, Crowshott Avenue, Stanmore, Greater London HA7 1HL3
£640K08/230.68 mi59, Orchard Grove, Kenton, Harrow, Greater London HA3 9QR3
£230K12/220.8 mi728a, Kenton Road, Harrow, Greater London HA3 9QX3
£655.5K11/201.08 mi76, Whitchurch Gardens, Edgware, Greater London HA8 6PD3
£530K12/201.27 mi30, Lodge Close, Edgware, Greater London HA8 7RL3
£574K05/211.27 mi61, Lodge Close, Edgware, Greater London HA8 7RL3
£480K06/211.27 mi40, Lodge Close, Edgware, Greater London HA8 7RL3
£490K11/201.27 mi15, Lodge Close, Edgware, Greater London HA8 7RL3
£460K12/231.27 mi38, Lodge Close, Edgware, Greater London HA8 7RL3
£460K04/231.27 mi12, Lodge Close, Edgware, Greater London HA8 7RL3
£278.6K05/211.32 mi8, Montrose Avenue, Edgware, Greater London HA8 0DW3
£305K10/201.36 mi10, Parkfield Close, Edgware, Greater London HA8 9AJ3
£293K08/211.39 mi67, Orange Hill Road, Edgware, Greater London HA8 0TJ3
£334K01/211.4 mi42, Orange Hill Road, Edgware, Greater London HA8 0TN3
£480K06/211.47 mi31, Merryfield Gardens, Stanmore, Greater London HA7 4TG3
£476.5K01/211.6 miFlat 15, Ailantus Court, Stonegrove, Edgware, Greater London HA8 8AA3
£494K03/211.6 mi20, Campbell Croft, Edgware, Greater London HA8 8DS3
£160K04/231.65 mi607a, Kenton Lane, Harrow, Greater London HA3 7HJ3
£245K03/231.7 mi58, The Broadway, Stanmore, Greater London HA7 4DU3
£360K05/211.73 mi46, Aberdeen Road, Harrow, Greater London HA3 7NG3
£858.3K08/211.75 miFlat 5, Amora, London Road, Stanmore, Greater London HA7 4PW3
£382K11/201.75 mi111a, Rosslyn Crescent, Harrow, Greater London HA1 2RY3
£353K10/201.78 mi58a, Station Road, Harrow, Greater London HA1 2SQ3
£477K03/211.79 mi36, Laburnum Court, Stanmore, Greater London HA7 4JP3
£675K12/221.85 mi9, Grange Close, Edgware, Greater London HA8 9PQ3
£441K08/231.9 mi46a, Nibthwaite Road, Harrow, Greater London HA1 1TA3
£590K06/231.92 mi18, Crummock Gardens, London, Greater London NW9 0DG3
£582K11/221.94 mi63, Crummock Gardens, London, Greater London NW9 0DE3

Local Rents

29 rents from £1.9K/mo to £5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,55003/250.15 mi-3
£2,55003/250.16 mi-3
£2,50004/240.19 miPortland Crescent, HA73
£2,35004/240.26 miTurner Road, Edgware, Middlesex, HA83
£4,75004/240.28 mi-3
£2,50003/250.3 mi-3
£2,05004/240.3 miWinchester Road, Harrow HA33
£3,75006/240.33 mi-3
£2,50001/250.33 mi-3
£5,00001/240.33 miStreatfield Road, Harrow, Middlesex, HA33
£2,90012/240.37 mi-3
£1,90004/240.41 miSt.pauls Avenue, Kenton , Middlesex, HA3 3
£2,60003/250.42 mi-3
£2,30004/240.44 miD'arcy Gardens, Kenton, Harrow, HA33
£2,40004/250.45 mi-3
£2,20003/250.46 mi-3
£2,60004/240.47 miCalder Gardens, Edgware, Greater London, HA83
£2,50002/250.48 mi-3
£2,85009/240.51 mi-3
£2,60003/250.51 mi-3
£2,55012/240.53 mi-3
£2,40002/250.55 mi-3
£2,35004/240.56 mi-3
£2,30012/240.57 mi-3
£2,30003/250.57 mi-3
£2,40003/250.57 mi-3
£2,30012/240.57 mi-3
£2,30004/240.57 miWaltham Drive Edgware Ha83
£2,20004/240.59 miMerlin Crescent, Edgware, Greater London, HA83

Local Area Statistics

Population in HA7

35,976

Town centre distance

1.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-40%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £365,000

April 29, 2024

Sold for £337,000

2017

Sold for £222,500

2007

Floor Plans

Description

  • 3 Bedroom Flat on Third Floor +
  • Bathroom & WC +
  • Reception +
  • Kitchen & Dining Area +
  • Storage Area +
  • Walking distance to Queensbury Tube Station +
  • Walking distance to Morrisons Supermarket +
  • Remaining Lease - Approx. 83 Years +
  • Ground Rent - £10 PA | Service Charges - £1140 PA +

Nestled within the vibrant community of Queensbury, Chichester Court presents an enticing opportunity for first-time buyers or seasoned investors alike. This purpose-built flat on the third floor offers 3 bedrooms, ideal for families or those seeking extra space. Upon entry, discover a welcoming reception area, perfect for relaxation or entertaining guests. The property features a well-appointed bathroom complete with WC, ensuring convenience for all occupants. The heart of the home lies in the spacious kitchen and dining area, providing ample room for meal preparation and enjoyment. A designated storage area adds practicality, keeping your living space organized and clutter-free. Conveniently situated near Queensbury Circle, this property offers easy access to shopping and transportation options. Explore the bustling high streets of Kingsbury and Queensbury, home to a diverse array of local shops, supermarkets, and enticing dining spots. Commute effortlessly with nearby access to the Jubilee Line at Queensbury Station, providing swift connections to Baker Street and The City. Additional underground stations such as Kingsbury and Stanmore further enhance accessibility. With approximately 83 years remaining on the lease, along with minimal ground rent and service charges (£10 PA and £1140 PA, respectively), Chichester Court presents a sound investment opportunity in a sought-after location. Don't miss your chance to call this property home or capitalise on its investment potential.

Agent Details

Infinity Property Solutions, Harrow

020 3840 3560

Next Steps?

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