2 Bed Flat, Single Let, Pinner, HA5 4NJ, £235,000

Wellington Road, Hatch End, HA5 4NJ - 3 views - 10 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£219K - £620K
Sold Prices/m²£3.1K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£291,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Total Cash In

£67,000

 

 

Cash Out

 

Rent Range

£1,450 - £2,500

Rent Estimate

£1,513

Running Costs/mo

£1,057

Cashflow/mo

£456

Cashflow/yr

£5,472

ROI

8%

Gross Yield

8%

Local Sold Prices

47 sold prices from £219K to £620K, average is £378K. £3.1K/m² to £7.1K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£381K12/210.08 mi28, Wellington Road, Pinner, Greater London HA5 4NL2
£292.5K12/200.08 mi21, Devonshire Road, Pinner, Greater London HA5 4LY2
£292.5K12/200.08 mi21, Devonshire Road, Pinner, Greater London HA5 4LY2
£430K02/210.13 mi2, Littlecote Place, Pinner, Greater London HA5 4RE2
£365K01/230.18 mi444, Uxbridge Road, Pinner, Greater London HA5 4RG2
£350K09/210.19 mi27, Lonsdale Close, Pinner, Greater London HA5 4RY2
£348.8K01/210.19 mi21, Lonsdale Close, Pinner, Greater London HA5 4RY2
£345K09/230.21 mi10a, Woodridings Close, Pinner, Greater London HA5 4RF2
£337.5K02/210.21 mi12, Woodridings Close, Pinner, Greater London HA5 4RF2
£219K10/200.22 mi20, Woodridings Close, Pinner, Greater London HA5 4RF2
£345K09/210.27 mi15, Oakdene Close, Pinner, Greater London HA5 4EQ2
£378.5K06/210.3 mi42, Dove Park, Pinner, Greater London HA5 4EB2
£434.6K07/230.3 mi12, Dove Park, Hatch End, Pinner, Greater London HA5 4EB2
£417K05/230.3 mi19, Dove Park, Hatch End, Pinner, Greater London HA5 4EB2
£620K12/230.31 miSambrook Court, Flat 5, Westfield Park, Hatch End, Pinner, Greater London HA5 4JZ2
£427K12/220.33 mi69, Dove Park, Hatch End, Pinner, Greater London HA5 4ED2
£415K11/230.37 mi12, St Cuthberts Gardens, Pinner, Greater London HA5 4JE2
£400K12/230.37 mi10, St Cuthberts Gardens, Pinner, Greater London HA5 4JE2
£495K09/230.39 mi3, Barrowdene Close, Pinner, Greater London HA5 3DD2
£475K11/210.39 mi12, Barrowdene Close, Pinner, Greater London HA5 3DD2
£450K11/230.39 mi29, Barrowdene Close, Pinner, Greater London HA5 3DD2
£465K09/210.39 mi19, Barrowdene Close, Pinner, Greater London HA5 3DD2
£360K04/210.4 miFlat 6, Mardon, Westfield Park, Pinner, Greater London HA5 4JQ2
£395K12/200.4 miFlat 1, Mardon, Westfield Park, Pinner, Greater London HA5 4JQ2
£412K04/210.44 mi3, Avon Court, Pinner, Greater London HA5 4UU2
£282.5K12/200.46 mi1, Fairholme Court, Hatch End, Pinner, Greater London HA5 4EW2
£372.5K12/220.57 miFlat 3, Langworthy, Royston Grove, Pinner, Greater London HA5 4HE2
£363.8K12/200.58 miFlat 13, Langworthy, Royston Grove, Pinner, Greater London HA5 4HE2
£346K12/200.65 mi6, Winston Court, Harrow, Greater London HA3 6PF2
£355K03/210.77 mi18, Milman Close, Pinner, Greater London HA5 3LF2
£328K09/210.8 mi254, Headstone Lane, Harrow, Greater London HA2 6NE2
£300K09/230.8 mi266, Headstone Lane, Harrow, Greater London HA2 6NE2
£395K11/210.81 miFlat 6, Ashburton Court, Elm Park Road, Pinner, Greater London HA5 3LD2
£450K03/210.82 mi2, Chigwell Hurst Court, Pinner, Greater London HA5 3LG2
£365K05/210.86 miFlat 52, Granville Place, Elm Park Road, Pinner, Greater London HA5 3NL2
£350K10/210.91 miFlat 40, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LJ2
£435K01/210.91 mi7, Montesole Court, Pinner, Greater London HA5 3RX2
£565K02/230.91 mi17, Nower Hill, Pinner, Greater London HA5 5QR2
£600K10/200.91 mi17, Nower Hill, Pinner, Greater London HA5 5QR2
£383K11/210.93 miFlat 47, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL2
£348.5K05/240.93 miElm Park Court, Flat 48, Elm Park Road, Pinner, Greater London HA5 3LL2
£335K12/200.93 miFlat 53, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL2
£415K10/230.94 miFlat 4, Copperfield Court, Copperfield Way, Pinner, Greater London HA5 5RY2
£406.5K10/220.95 mi47, Pinner Hill Road, Pinner, Greater London HA5 3SD2
£357.5K11/230.95 miNower Court, Flat 9, Nower Hill, Pinner, Greater London HA5 5RQ2
£378K03/210.95 mi16, Pinner Green, Pinner, Greater London HA5 2AA2
£355K09/230.97 mi8, Capel Gardens, Pinner, Greater London HA5 5RG2

Local Rents

16 rents from £1.4K/mo to £2.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,85004/240.14 mi-2
£1,80003/240.15 miTruro House, Cornwall Road2
£2,00003/250.15 mi-2
£1,45004/240.16 miUxbridge Road, Hatch End2
£1,65003/250.18 mi-2
£1,57504/240.19 miHatch End, Pinner, Middlesex, HA52
£1,62504/240.19 miLonsdale Close2
£1,80004/240.21 miTilbury Close, Pinner2
£1,65012/240.23 mi-2
£1,82504/250.35 mi-2
£2,50004/250.36 mi-2
£2,50004/250.36 mi-2
£1,62503/250.44 mi-2
£1,65002/240.46 mi-2
£1,59903/240.52 miUxbridge Road, Pinner, Middlesex, HA52
£1,75012/240.54 mi-2

Local Area Statistics

Population in HA5

44,534

Town centre distance

0.77 miles away

Nearest school

0.50 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £235,000

June 14, 2024

Floor Plans

Description

Guide price between £235,000 - £285,000 depending on lease extension. Originally a one bedroom ground floor apartment converted into a two bedroom with open plan living room, kitchenette and fitted shower room. Located on a popular residential road in the heart of Hatch End and within very easy reach of local shopping and transport facilities including Hatch End Broadway with its vast array of restaurants and Hatch End Overground Train Station.The accommodation comprises, lounge/kitchenette, master bedroom, bedroom two, family bathroom.Benefits include security entry phone, attractive communal gardens and garage. No upper chain is on offer, viewings are highly recommended.

Agent Details

Robertson Phillips, Hatch End

020 3873 8323

Next Steps?

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