4 Bed Detached House, Refurb/BRRR, Marlow, SL7 2AR, £1,200,000

57 Harwood Road, Marlow, SL7 2AR - 5 views - a year ago

Refurb/BRRR
Planning
~144 m²
+12 photos

ValuationOvervalued

Sold Prices£320K - £2.6M
Sold Prices/m²£4.2K/m² - £16.9K/m²

 

 

Square Metres

~144 m²
Price/m²£8.3K/m²

Value Estimate

£965,854

 

 

End Value (After Refurb)

£1,047,273

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£300,000

Stamp Duty & Legal Fees

£98,450

Refurb Costs

£68,748

Bridging Loan Interest

£31,500

Total Cash In

£500,448

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,047,273

Mortgage (After Refinance)

£785,455

Mortgage LTV

75%

Cash Left In

£500,448

Equity

£261,818

Rent Range

£1,950 - £6,250

Rent Estimate

£3,110

Running Costs/mo

£3,915

Cashflow/mo

£-805

Cashflow/yr

£-9,657

Gross Yield

3%

Local Sold Prices

50 sold prices from £320K to £2.6M, average is £977.5K. £4.2K/m² to £16.9K/m², average is £7.2K/m².

PriceDateDistanceAddressBeds 
£1.3M10/230.08 mi25, Pound Lane, Marlow, Buckinghamshire SL7 2AZ4
£1.1M08/230.11 mi14, Harwood Road, Marlow, Buckinghamshire SL7 2AS4
£1.0M10/230.12 mi4, Perch Close, Marlow, Buckinghamshire SL7 2BQ4
£2.6M10/230.16 miAusten Wood, West Street, Marlow, Buckinghamshire SL7 2BY4
£1.2M06/210.17 mi7, Highfield Park, Marlow, Buckinghamshire SL7 2DE4
£825K10/200.23 mi18, Marlin Court, Marlow, Buckinghamshire SL7 2AJ4
£970K03/230.23 mi5, Marlin Court, Marlow, Buckinghamshire SL7 2AJ4
£910K06/210.31 mi37, Barnards Hill, Marlow, Buckinghamshire SL7 2NX4
£762.5K11/200.34 mi49, Barnards Hill, Marlow, Buckinghamshire SL7 2NX4
£725K12/200.35 mi24, Barnards Hill, Marlow, Buckinghamshire SL7 2NZ4
£1.2M02/230.36 mi6, Spinfield Mount, Marlow, Buckinghamshire SL7 2JU4
£955K10/200.38 mi28, Quoitings Drive, Marlow, Buckinghamshire SL7 2PE4
£1.2M07/230.4 mi28, Spinfield Lane, Marlow, Buckinghamshire SL7 2JT4
£980K06/230.43 mi46, Terrington Hill, Marlow, Buckinghamshire SL7 2RF4
£1.2M12/220.45 mi25, Barley Way, Marlow, Buckinghamshire SL7 2UG4
£975K01/210.45 mi37, Terrington Hill, Marlow, Buckinghamshire SL7 2RE4
£950K11/210.46 mi67, Terrington Hill, Marlow, Buckinghamshire SL7 2RE4
£820K01/210.46 mi17, Terrington Hill, Marlow, Buckinghamshire SL7 2RE4
£1.9M11/220.49 miTilecotes, Oxford Road, Marlow, Buckinghamshire SL7 2NT4
£2.6M12/200.5 miOxford Cottage, Oxford Road, Marlow, Buckinghamshire SL7 2NP4
£950K09/230.55 mi19, Bovingdon Heights, Marlow, Buckinghamshire SL7 2JR4
£996K11/200.55 mi1, Bovingdon Heights, Marlow, Buckinghamshire SL7 2JR4
£770K02/230.64 mi8, Station Road, Marlow, Buckinghamshire SL7 1ND4
£750K01/240.66 mi25, Station Road, Marlow, Buckinghamshire SL7 1NL4
£875K06/210.66 mi17, Station Road, Marlow, Buckinghamshire SL7 1NL4
£1.7M06/210.67 mi25, Institute Road, Marlow, Buckinghamshire SL7 1BJ4
£320K06/210.69 mi4, Station Rise, Marlow, Buckinghamshire SL7 1EH4
£1.4M08/230.7 mi28, Claremont Gardens, Marlow, Buckinghamshire SL7 1BS4
£1.4M12/200.7 mi19, Mill Road, Marlow, Buckinghamshire SL7 1PX4
£950K09/230.72 mi17, Claremont Road, Marlow, Buckinghamshire SL7 1BH4
£660K04/210.72 mi28, Rookery Court, Marlow, Buckinghamshire SL7 3HR4
£875K03/230.73 mi62, Chapel Street, Marlow, Buckinghamshire SL7 1DE4
£635K10/210.73 mi29b, Berwick Road, Marlow, Buckinghamshire SL7 3AR4
£1.1M12/200.75 mi1, Davis Close, Marlow, Buckinghamshire SL7 1SY4
£585K02/210.76 mi11, Trinity Avenue, Marlow, Buckinghamshire SL7 3AL4
£1.1M01/210.76 miBeggars Roost, Bovingdon Green, Marlow, Buckinghamshire SL7 2JL4
£1.3M01/210.79 mi15, Lodge Close, Marlow, Buckinghamshire SL7 1RB4
£1.3M01/210.81 mi12, Lock Road, Marlow, Buckinghamshire SL7 1QP4
£1.8M10/210.86 mi29, Lock Road, Marlow, Buckinghamshire SL7 1QN4
£1.1M02/210.9 mi9, River Park Drive, Marlow, Buckinghamshire SL7 1QT4
£1.2M06/210.91 mi4, Oaktree Avenue, Marlow, Buckinghamshire SL7 3EJ4
£1.1M11/200.92 mi10, Hyde Green, Marlow, Buckinghamshire SL7 1QL4
£920.1K02/240.94 mi1a, Oak Tree Avenue, Marlow, Buckinghamshire SL7 3EN4
£880K06/230.94 mi23, Oak Tree Avenue, Marlow, Buckinghamshire SL7 3EN4
£1.4M11/230.94 mi7, Gossmore Close, Marlow, Buckinghamshire SL7 1QG4
£710K06/210.96 mi2a, Dedmere Court, Marlow, Buckinghamshire SL7 1PL4
£727.5K08/210.97 mi5, Pine Croft, Marlow, Buckinghamshire SL7 3BJ4
£1.2M03/210.98 mi25, Riverpark Drive, Marlow, Buckinghamshire SL7 1QT4
£975K06/210.99 mi44, Temple Mill Island, Marlow, Windsor And Maidenhead SL7 1SQ4
£880K12/200.99 mi53, Temple Mill Island, Marlow, Windsor And Maidenhead SL7 1SQ4

Local Rents

24 rents from £1.9K/mo to £6.3K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£3,80008/240.05 miPound Lane Marlow SL74
£2,20008/240.13 miPound Crescent Marlow SL73
£6,25009/240.19 miWest Street Marlow SL75
£3,50008/240.23 miMarlin Court, Marlow, Buckinghamshire, SL74
£3,50008/240.23 miSpinfield Lane, Marlow4
£3,10009/240.33 miBarnards Hill, Marlow, Buckinghamshire, SL75
£2,15008/240.33 miWest Street, Marlow, Buckinghamshire, SL73
£1,95009/240.38 miBrill Close, Marlow, Buckinghamshire, SL73
£1,95009/240.38 miBrill Close, Marlow, Buckinghamshire, SL73
£2,80002/250.41 mi-3
£2,80008/240.44 miBarley Way, Marlow, Buckinghamshire, SL74
£2,90009/240.45 miBarley Way, Marlow, SL7 2UG3
£2,00009/240.46 miMarlow, Buckinghamshire, SL73
£3,95008/240.47 miWest Street, Marlow, Buckinghamshire, SL74
£3,25009/240.49 miStunning Riverside Town House3
£2,80009/240.5 miLittle Stone Mews, Draymans Lane, SL7 2FR3
£2,80009/240.5 miLittle Stone Mews, Draymans Lane, SL7 2FR3
£1,99509/240.53 miOxford Road Marlow SL73
£2,10008/240.55 miDukes Place Marlow SL73
£4,96608/240.56 miChiltern Road, Marlow, Buckinghamshire, SL73
£2,50010/240.57 mi-3
£2,50010/240.57 mi-3
£2,99508/240.57 mi-4
£3,50009/240.57 miBovingdon Heights, Marlow, Buckinghamshire, SL75

Local Area Statistics

Population in SL7

21,059

Town centre distance

1.06 miles away

Nearest school

0.30 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £1,200,000

May 9, 2024

Floor Plans

Description

  • A Four Bedroom Detached 1970's Property in a Fabulous Residential Location +
  • Situated in a Sought After Cul-de-Sac within Easy Walking Distance of the Town Centre +
  • Excellent potential for Renovation or Extension (STPP)
  • Kitchen/Breakfast Room +
  • Cloakroom & Utility Room +
  • Living & Dining Rooms +
  • Bedroom One with En Suite Bathroom +
  • Three Further Double Bedrooms +
  • Family Bathroom +
  • Substantial 56ft (approx) South Facing Rear Garden

Occupying an enviable position within walking distance of the High Street, we are delighted to offer for sale this Four Bedroom Detached Family Home. Offering great potential for Extension and Renovation (Subject to Planning Permission), the property has been well maintained by the current owner and benefits from a substantial South Facing Rear Garden. Falling within catchment of Sir William Borlase Grammar school* and the River Thames, early viewings are recommended to avoid disappointment.

Accommodation
The front door opens into an entrance porch, then a second door opens into the reception hall. From the hall there is a cloakroom and door to the garage. The kitchen/breakfast room is of good size, offering space for informal dining, with a range of eye-level and base units, with worktops over. Just off the kitchen is a useful utility/store room with plumbing for washing machine and a door to the side of the property. To the rear, the living room has patio doors leading to the rear garden. Double doors open into what is currently the dining room - this room would also make an ideal family or playroom. To the First floor landing there is a very large walk in airing cupboard and access to the loft. Bedroom one benefits from fitted wardrobes and an en suite bathroom and has lovely views over the rear garden. There are three good size further bedrooms and a family bathroom.

Exterior
The large rear garden is a feature of the property being south facing, with a flagstone patio offering the perfect spot to enjoy a coffee or al fresco dining. The lawn is bordered by mature shrubs and colourful flowers. The garden is enclosed by wood panel fencing. Offering a good degree of privacy. The garden measures 56ft (approx) and offers plenty of scope for extension to the main house, if required. Side gates give access to the rear of the property. The house is set behind a parcel of lawn with pretty flower beds and a driveway leading to the single integral garage. A strip of verge to the western end of the cul de sac adjoining the rushes is also owned by 57.

To book an appointment to view this property please phone the Marlow Sales branch and quote ID: 98146.
Situation
Marlow is a charming and historic town set in the banks of the River Thames and is surrounded by beautiful countryside. It is a perfect place for enjoying the river, shopping with a difference, walking around historical buildings or taking part in the many sports and recreational activities available within the local area. The railway station in Marlow provides access to London (Elizabeth Line and GWR) and access to the M4 and M40 is within a short drive. Excellent schools for children of all ages are available in Marlow and surrounding districts.

Disclaimer
Simmons & Sons Surveyors LLP for themselves and for the vendors or lessors of the property whose agents they are give notice that: (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract or offer; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and any other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) No person in the employment of Simmons & Sons has any authority to make or give any representation or warranty whatsoever in relation to this property.
Property Information Disclaimer
These property particulars have been prepared in respect of the aforementioned property by the agent on behalf of the vendor and may be awaiting final amendments. Any information which we issue in respect of the property must be accurate and not misleading in order to comply with the requirements of The Consumer Protection from Unfair Trading Regulations 2008 and The Business Protection from Misleading Marketing Regulations 2008 - we believe we have made every effort to do so. Simmons & Sons are Members of The Property Ombudsman (TPO). Purchasers are advised to make their own enquiries as to confirmation of school catchment areas.

Agent Details

Simmons & Sons, Marlow

01628 562764

Next Steps?

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