2 Bed Flat, Single Let, Northwood, HA6 3LJ, £600,000

Eastbury Avenue, Northwood, Middlesex, HA6 3LJ - 3 views - a year ago

Leasehold

BTL

~97 m²

+17 photos

ValuationOvervalued

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

Square Metres	~97.36 m²
Price/m²	£6.2K/m²
Value Estimate	£578,075£578,075

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£150,000£150,000
Stamp Duty & Legal Fees	£36,700£36,700
Total Cash In	£186,700£186,700

Cash Out
Rent Range	£500 - £2,800£500 - £2,800
Rent Estimate	£1,469
Running Costs/mo	£2,189£2,189
Cashflow/mo	£-720£-720
Cashflow/yr	£-8,638£-8,638
Gross Yield	3%3%

Local Sold Prices

29 sold prices from £285K to £625K, average is £475K. £2.9K/m² to £8K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£499.9K	02/21	0.31 mi	28, Eastbury Road, Northwood, Greater London HA6 3AL	£6,328	79	2	Flat
£565K	02/23	0.47 mi	6, Cervantes Court, Northwood, Greater London HA6 1AL	£4,956	114	2	Flat
£540K	06/21	0.47 mi	10, Cervantes Court, Northwood, Greater London HA6 1AL	£5,510	98	2	Flat
£486.3K	11/23	0.47 mi	21, Cervantes Court, Northwood, Greater London HA6 1AL	£6,078	80	2	Flat
£550K	12/22	0.5 mi	82a, Green Lane, Northwood, Greater London HA6 1AJ	-	-	2	Flat
£510K	11/23	0.54 mi	1b, Hallowell Road, Northwood, Greater London HA6 1DR	£6,538	78	2	Flat
£425K	04/23	0.66 mi	12, Anthus Mews, Northwood, Greater London HA6 2GX	-	-	2	Flat
£525K	02/23	0.67 mi	4, Welcote Drive, Northwood, Greater London HA6 2NG	-	-	2	Flat
£400K	11/22	0.69 mi	88, Hallowell Road, Northwood, Greater London HA6 1DS	£8,000	50	2	Flat
£525K	12/22	0.71 mi	8, The Glen, Northwood, Greater London HA6 2UP	-	-	2	Flat
£475K	12/21	0.71 mi	10, The Glen, Northwood, Greater London HA6 2UP	£5,723	83	2	Flat
£475K	11/20	0.71 mi	12, The Glen, Northwood, Greater London HA6 2UP	£5,938	80	2	Flat
£500K	04/23	0.75 mi	37, The Glen, Northwood, Greater London HA6 2UR	£6,410	78	2	Flat
£625K	08/23	0.75 mi	52, The Glen, Northwood, Greater London HA6 2UR	£6,443	97	2	Flat
£350K	11/21	0.76 mi	33, Hawkesworth Close, Northwood, Greater London HA6 2FT	-	-	2	Flat
£395K	02/21	0.78 mi	2, Dormans Close, Northwood, Greater London HA6 2FX	£6,810	58	2	Flat
£380K	02/21	0.8 mi	34, Dormans Close, Northwood, Greater London HA6 2FX	£6,441	59	2	Flat
£575K	06/21	0.8 mi	4, Myrtleside Close, Northwood, Greater London HA6 2XH	£6,077	95	2	Flat
£580K	06/23	0.8 mi	24, Myrtleside Close, Northwood, Greater London HA6 2XH	-	-	2	Flat
£285K	10/22	0.81 mi	22a, High Street, Northwood, Greater London HA6 1BN	£2,938	97	2	Flat
£500K	02/21	0.83 mi	51, Myrtleside Close, Northwood, Greater London HA6 2XQ	£4,909	102	2	Flat
£450K	11/20	0.83 mi	39, Myrtleside Close, Northwood, Greater London HA6 2XQ	£3,879	116	2	Flat
£425K	10/22	0.87 mi	7, Deane Court, Northwood, Greater London HA6 1HF	£6,336	67	2	Flat
£335K	06/21	0.9 mi	15, Langland Court, Northwood, Greater London HA6 2NH	£5,000	67	2	Flat
£352K	06/21	0.9 mi	10, Langland Court, Northwood, Greater London HA6 2NH	£5,410	65	2	Flat
£370K	04/23	0.9 mi	12, Langland Court, Northwood, Greater London HA6 2NH	£5,801	64	2	Flat
£390K	06/23	0.9 mi	10, Langland Court, Northwood, Greater London HA6 2NH	£5,994	65	2	Flat
£387.5K	08/23	0.92 mi	2a, Kewferry Road, Northwood, Greater London HA6 2PD	-	-	2	Flat
£355K	05/21	0.96 mi	5, Glenshee Close, Northwood, Greater London HA6 2UH	£6,017	59	2	Flat

Local Rents

30 rents from £500/mo to £2.8K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	04/24	0.07 mi	Beechcroft Place, Eastbury Avenue	2	Flat
£2,350	04/24	0.11 mi	Admirals Court, Eastbury Avenue	2	Flat
£2,400	04/24	0.13 mi	-	2	Flat
£2,495	03/25	0.13 mi	-	2	Flat
£500	03/25	0.14 mi	-	2	Flat
£1,500	05/24	0.14 mi	-	2	Bungalow
£1,800	03/25	0.14 mi	-	2	Bungalow
£1,600	03/25	0.16 mi	-	2	Flat
£1,600	03/25	0.17 mi	-	2	Flat
£1,775	12/24	0.18 mi	-	2	Flat
£1,850	01/25	0.18 mi	-	2	Flat
£1,750	05/24	0.19 mi	-	2	Flat
£1,850	12/24	0.19 mi	-	2	Flat
£1,750	04/24	0.19 mi	Park Court, Northwood, HA6	2	Flat
£1,800	12/24	0.2 mi	-	2	Flat
£2,800	04/24	0.2 mi	Eastbury Avenue	2	Flat
£2,000	12/24	0.25 mi	-	2	Flat
£1,925	04/24	0.27 mi	-	2	Flat
£1,675	02/25	0.27 mi	-	2	Flat
£1,650	03/25	0.27 mi	-	2	Flat
£2,000	04/24	0.27 mi	Woodhouse Eaves, Northwood	2	Flat
£1,800	05/24	0.27 mi	Woodhouse Eaves, Northwood, Middlesex, HA6 3NF	2	Flat
£1,925	03/25	0.35 mi	-	2	Semi-Detached House
£1,550	01/25	0.37 mi	-	2	Flat
£1,550	04/24	0.52 mi	Chester Place Green Lane, Northwood, Greater London, HA6	2	Flat
£1,850	04/24	0.52 mi	-	2	Flat
£1,850	02/25	0.52 mi	-	2	Flat
£1,450	04/24	0.58 mi	Green Lane, Northwood, HA6	2	Flat
£1,875	03/25	0.6 mi	-	2	Terraced House
£1,750	04/24	0.62 mi	St. Matthews Court, Forge Lane, Northwood, Greater London, HA6	2	Flat

Local Area Statistics

Population in HA6	21,90121,901
Town centre distance	0.59 miles away0.59 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.54 miles away0.54 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 £600,000

May 15, 2024

Floor Plans

Description

Ground Floor Apartment +
Gated Development +
Two Bedrooms +
Bathroom, En-Suite to Principal Bedroom +
Spacious Living Room +
Breakfast/Kitchen +
Private Patio +
Residents Parking +
Well Maintained Communal Gardens +
Leasehold. Council Tax Band F. EPC Rating C +

A very well presented two bedroom, two bathroom ground floor apartment surrounded by well-maintained communal gardens and located near Northwood town centre.

The block itself is set behind electric iron gates and located on the ground floor of the building with French doors opening out to the communal gardens. Internally, the property consists of two double bedrooms, both with fitted wardrobes and the principal bedroom has an en-suite shower/bathroom, separate family bathroom spacious reception room and fitted kitchen.

Externally are communal gardens and designated parking spaces.

Eastbury Avenue is only a short stroll from Northwood town centre and Waitrose Supermarket, for the commuter; Baker Street, The City and Central London are all easily
accessible due to the Metropolitan Line station. Another major factor in Northwood’s popularity is the high standard of education available in the area from both state and private schools.

Agent Details

Gibbs Gillespie, Northwood Sales

01923 961080

Next Steps?

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

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