3 Bed Bungalow, Refurb/BRRR, Pinner, HA5 4NQ, £800,000

Woodridings Avenue, Pinner, Middlesex, HA5 4NQ - 3 views - a year ago

Refurb/BRRR
~113 m²
+12 photos

ValuationOvervalued

Sold Prices£400K - £1.5M
Sold Prices/m²£4.3K/m² - £11.4K/m²

 

 

Square Metres

~112.70 m²
Price/m²£7.1K/m²

Value Estimate

£743,178

 

 

End Value (After Refurb)

£689,935

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£52,700

Refurb Costs

£59,622

Bridging Loan Interest

£21,000

Total Cash In

£335,072

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£689,935

Mortgage (After Refinance)

£517,451

Mortgage LTV

75%

Cash Left In

£335,072

Equity

£172,484

Rent Range

£1,650 - £3,000

Rent Estimate

£2,302

Running Costs/mo

£2,636

Cashflow/mo

£-334

Cashflow/yr

£-4,013

Gross Yield

3%

Local Sold Prices

50 sold prices from £400K to £1.5M, average is £765K. £4.3K/m² to £11.4K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£940.5K06/210.09 mi26, Park View, Pinner, Greater London HA5 4LN3
£837.5K10/200.09 mi44, Park View, Pinner, Greater London HA5 4LN3
£895K11/210.12 mi15, Devonshire Road, Pinner, Greater London HA5 4LY3
£815K04/210.3 mi61, Anglesmede Crescent, Pinner, Greater London HA5 5ST3
£780K01/230.32 mi9, Felden Close, Pinner, Greater London HA5 4PU3
£824.5K06/210.32 mi15, Felden Close, Pinner, Greater London HA5 4PU3
£970K03/230.33 miTwo Trees, Little Moss Lane, Pinner, Greater London HA5 3BA3
£960K10/200.35 mi37, Moss Lane, Pinner, Greater London HA5 3BB3
£675K11/230.36 mi12, Hallam Gardens, Pinner, Greater London HA5 4PR3
£1.1M11/220.41 mi5, Moss Close, Pinner, Greater London HA5 3AY3
£1.2M02/230.41 mi10, Moss Close, Pinner, Greater London HA5 3AY3
£1.2M04/230.41 mi7, Moss Close, Pinner, Greater London HA5 3AY3
£648K04/210.44 mi86, Hillview Road, Pinner, Greater London HA5 4PE3
£760K07/230.45 mi64, Grimsdyke Road, Pinner, Greater London HA5 4PW3
£789K11/210.45 mi54, Grimsdyke Road, Pinner, Greater London HA5 4PW3
£630K09/230.45 mi30, Grimsdyke Road, Pinner, Greater London HA5 4PW3
£752K08/230.45 mi70, Grimsdyke Road, Pinner, Greater London HA5 4PW3
£745K02/210.47 mi2, Evelyn Drive, Pinner, Greater London HA5 4RX3
£444.2K03/210.47 mi2, Wessex Drive, Pinner, Greater London HA5 4PY3
£1.3M06/210.48 mi68, Moss Lane, Pinner, Greater London HA5 3AU3
£760K12/200.49 mi12, Tooke Close, Pinner, Greater London HA5 4TJ3
£1.5M03/210.49 mi24, The Avenue, Hatch End, Pinner, Greater London HA5 4ER3
£747K09/230.5 mi19, Colburn Avenue, Pinner, Greater London HA5 4PQ3
£775K09/210.51 mi17, Evelyn Drive, Pinner, Greater London HA5 4RL3
£847.5K07/230.51 mi23, Sherington Avenue, Pinner, Greater London HA5 4DU3
£757.5K03/210.52 mi39, Evelyn Drive, Pinner, Greater London HA5 4RL3
£775K02/240.52 mi47, Evelyn Drive, Pinner, Greater London HA5 4RL3
£760K01/210.52 mi14, Colburn Avenue, Pinner, Greater London HA5 4PF3
£784K08/230.52 mi17, Woodhall Drive, Pinner, Greater London HA5 4TG3
£400K06/210.54 mi11, Mullion Close, Harrow, Greater London HA3 6PD3
£1.1M02/210.57 mi31, Oakhill Avenue, Pinner, Greater London HA5 3DL3
£750K02/230.58 mi52, Woodhall Gate, Pinner, Greater London HA5 4TL3
£750K03/230.62 mi27, Rowlands Avenue, Pinner, Greater London HA5 4DF3
£510K02/210.62 mi18, Broadfields, Harrow, Greater London HA2 6NH3
£925K09/230.63 mi11, Link Way, Pinner, Greater London HA5 4TR3
£770K08/230.65 mi11, Bede Close, Pinner, Greater London HA5 4TP3
£783K02/210.65 mi5, Bede Close, Pinner, Greater London HA5 4TP3
£745K05/230.66 mi30, Derwent Avenue, Pinner, Greater London HA5 4QJ3
£950K12/220.66 mi65, Anglesmede Crescent, Pinner, Greater London HA5 5ST3
£860K05/230.66 mi77, Anglesmede Crescent, Pinner, Greater London HA5 5ST3
£618K11/200.67 mi109, George V Avenue, Pinner, Greater London HA5 5SU3
£690K03/210.67 mi58, Evelyn Drive, Pinner, Greater London HA5 4RR3
£782.5K12/210.69 mi44, Marsworth Avenue, Pinner, Greater London HA5 4TT3
£641K02/230.69 mi78, Marsworth Avenue, Pinner, Greater London HA5 4TT3
£678K05/210.69 mi78, Evelyn Drive, Pinner, Greater London HA5 4RW3
£585K01/240.7 mi1, Barmor Close, Harrow, Greater London HA2 6NX3
£572.5K01/210.71 mi107, Waxwell Lane, Pinner, Greater London HA5 3EP3
£635K05/210.72 mi121, Sylvia Avenue, Pinner, Greater London HA5 4QL3
£635K05/210.72 mi121, Sylvia Avenue, Pinner, Greater London HA5 4QL3
£585K06/210.72 mi26, Wakehams Hill, Pinner, Greater London HA5 3BQ3

Local Rents

51 rents from £1.6K/mo to £3K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,60004/240.15 mi-3
£2,10004/240.24 mi-3
£2,05004/240.25 miUxbridge Road, Pinner, HA53
£1,90005/240.25 mi-3
£2,20002/250.33 mi-3
£2,40012/240.58 mi-3
£2,35004/240.68 mi-3
£2,35004/240.68 mi-3
£2,35005/240.68 mi-3
£2,35002/240.68 miEvelyn Drive, Pinner, HA53
£2,70004/240.69 miAvenue Road, Pinner3
£2,10001/250.7 mi-3
£2,00002/250.7 mi-3
£2,35004/240.7 miEvelyn Drive, Hatch End3
£2,80012/240.73 mi-3
£2,35004/240.77 miSequoia Park, Pinner3
£2,70004/240.77 miLove Lane, Pinner, HA53
£2,50004/240.84 miVerwood Road, Harrow, Middlesex, HA2 6LD3
£1,85004/240.84 miBridge Street, Pinner3
£2,10004/240.89 miAntoney Close3
£2,50004/240.89 mi-3
£2,70003/250.89 mi-3
£2,39504/240.89 miHillview Gardens, Harrow, Middlesex HA23
£2,50004/240.9 mi-3
£2,35004/240.94 miParkfield Crescent, Harrow, HA2 6LE3
£2,40004/240.96 miTamarind House,Uxbridge Road3
£3,00004/240.98 miCecil Park3
£2,10004/240.99 miFire Brigade Cottages, Pinner Road, Pinner3
£2,00004/240.99 miLong Elmes, Harrow Weald, Middlesex HA33
£2,20004/240.99 mi-3
£2,20004/240.99 miFire Brigade Cottages, Pinner, HA53
£2,30002/231 miHampden Road, Harrow Weald3
£2,60004/241.01 mi-3
£2,60004/241.01 miLatimer Gardens, London, HA53
£2,00012/241.01 mi-3
£1,90004/241.01 mi-3
£2,40012/241.02 mi-3
£2,10001/241.04 miWindsor Road, Harrow3
£2,15004/241.05 miHutton Lane, Harrow, Middlesex, HA33
£2,10001/251.05 mi-3
£2,10010/241.05 mi-3
£2,30004/251.06 mi-3
£2,60001/251.07 mi-3
£2,10004/241.07 miCarrington Square, Harrow3
£2,50003/251.1 mi-3
£2,50004/241.12 miManor Way, Harrow3
£2,50003/241.13 miNorthumberland Road, North Harrow3
£2,40005/241.14 mi-3
£1,65004/241.16 miGrove Avenue, Pinner3
£2,30004/241.16 mi-3
£2,40004/251.16 mi-3

Local Area Statistics

Population in HA5

44,534

Town centre distance

0.86 miles away

Nearest school

0.50 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £800,000

May 14, 2024

Floor Plans

Description

  • A detached bungalow requiring updating and providing great potential +
  • Spacious reception room +
  • Kitchen +
  • Three double bedrooms +
  • Bathroom & separate WC +
  • Garage +
  • Private rear garden +
  • Freehold. EPC Rating E. Council Tax Band F. +
  • 1214 Sq. Ft. (112.7 Sq. M) +

Requiring modernisation and presenting an opportunity for the buyer to renovate and create a modern detached three bedroom family home. This charming property is set in a highly desirable location in the heart of Pinner.

The interior requires updating and provides a spacious reception room, a kitchen and three double bedrooms with a bathroom and separate WC. The property benefits from a lovely garden, ideal for outdoor relaxation or entertaining guests, as well as a garage.

Situated in a convenient location with easy access to local amenities, schools, and transport links, this property offers both comfort and practicality. Don't miss the opportunity to make this delightful house your new home.

Agent Details

Gibbs Gillespie, Pinner Sales

020 3910 6656

Next Steps?

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