2 Bed Flat, Single Let, Wembley, HA9 8QW, £295,000

Pempath Place, Wembley, HA9 8QW - 1 views - 8 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£206.5K - £685K
Sold Prices/m²£4K/m² - £6.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£359,900
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£1,700 - £2,400

Rent Estimate

£1,738

Running Costs/mo

£1,289

Cashflow/mo

£449

Cashflow/yr

£5,382

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £206.5K to £685K, average is £330K. £4K/m² to £6.2K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£299.9K12/220.01 mi30, Pempath Place, Wembley, Greater London HA9 8QW2
£330K07/230.05 mi25, Eskdale Close, Wembley, Greater London HA9 8XB2
£360K06/210.37 mi24a, Thirlmere Gardens, Wembley, Greater London HA9 8RE2
£320K04/230.38 mi172, Chamberlayne Avenue, Wembley, Greater London HA9 8ST2
£315K02/210.38 mi173, Chamberlayne Avenue, Wembley, Greater London HA9 8ST2
£320K01/240.4 miFlat 49, Cresswell House, Hirst Crescent, Wembley, Greater London HA9 7HJ2
£330K10/200.41 mi56, Chamberlayne Avenue, Wembley, Greater London HA9 8SR2
£340K10/210.41 mi10, Chamberlayne Avenue, Wembley, Greater London HA9 8SR2
£327.8K09/230.42 miFlat 58, Kirk House, Hirst Crescent, Wembley, Greater London HA9 7HF2
£290K03/210.42 mi90, Conifer Way, Wembley, Greater London HA0 3QR2
£330K10/200.43 mi56, Chamberlayne Avenue, Wembley, Greater London HA9 8SR2
£335K11/220.44 mi85, Ash Walk, Wembley, Greater London HA0 3QW2
£307.5K07/210.45 mi58, Ash Walk, Wembley, Greater London HA0 3QW2
£319K04/210.46 miFlat 58, Loxley House, Hirst Crescent, Wembley, Greater London HA9 7HL2
£315K11/200.46 miFlat 44, Loxley House, Hirst Crescent, Wembley, Greater London HA9 7HL2
£310K06/230.48 miFlat 16, Bell House, Hirst Crescent, Wembley, Greater London HA9 7HE2
£312K11/230.48 miFlat 40, Bell House, Hirst Crescent, Wembley, Greater London HA9 7HE2
£330K02/240.48 miBell House, Flat 44, Hirst Crescent, Wembley, Greater London HA9 7HE2
£335K03/210.48 miFlat 12, Bell House, Hirst Crescent, Wembley, Greater London HA9 7HE2
£305K09/210.49 mi125, Clarendon Gardens, Wembley, Greater London HA9 7LF2
£486K06/210.51 mi54, Llanover Road, Wembley, Greater London HA9 7LZ2
£480K05/210.63 mi45, Carlton Avenue East, Wembley, Greater London HA9 8LZ2
£305K09/210.68 mi17, Lulworth Avenue, Wembley, Greater London HA9 8TP2
£362K10/230.71 mi14, Wakeling Lane, Wembley, Greater London HA0 3HT2
£206.5K12/230.75 mi60, Alliance Close, Wembley, Greater London HA0 2NQ2
£308K10/200.77 mi72a, The Avenue, Wembley, Greater London HA9 9QL2
£380K12/200.77 mi92a, The Avenue, Wembley, Greater London HA9 9QL2
£685K08/210.78 mi130, Elmstead Avenue, Wembley, Greater London HA9 8NZ2
£275K10/200.79 mi23, Alliance Close, Wembley, Greater London HA0 2NG2
£300K03/230.79 mi23, Alliance Close, Wembley, Greater London HA0 2NG2
£325K01/230.81 mi16, Milford Gardens, Wembley, Greater London HA0 2AR2
£335K09/230.84 miFlat 10, Century House, Forty Avenue, Wembley, Greater London HA9 8RS2
£350K09/220.84 miFlat 4, Century House, Forty Avenue, Wembley, Greater London HA9 8RS2
£367.5K04/230.85 mi111a, Lancelot Road, Wembley, Greater London HA0 2BE2
£328K03/210.86 miFlat 6, Tristan Court, King George Crescent, Wembley, Greater London HA0 2FJ2
£350K05/210.86 miFlat 18, Tristan Court, King George Crescent, Wembley, Greater London HA0 2FJ2
£340K02/210.86 miFlat 30, Tristan Court, King George Crescent, Wembley, Greater London HA0 2FJ2
£317K03/210.86 miFlat 24, Tristan Court, King George Crescent, Wembley, Greater London HA0 2FJ2
£351K11/220.86 mi40, Milford Gardens, Wembley, Greater London HA0 2AS2
£350K01/210.87 mi64a, Charterhouse Avenue, Wembley, Greater London HA0 3DB2
£315K04/230.87 miFlat 8, Guinevere Court, King George Crescent, Wembley, Greater London HA0 2FH2
£575K03/240.88 mi177, Park Lane, Wembley, Greater London HA9 7SB2
£375K06/210.88 mi36, Lawns Court, Wembley, Greater London HA9 9PN2
£365K11/220.89 mi14, Elmwood Court, Wembley, Greater London HA0 2NT2
£320K06/210.9 mi66b - 66c, Wembley Park Drive, Wembley, Greater London HA9 8HB2
£368K09/210.9 mi90, Sudbury Court Road, Harrow, Greater London HA1 3SH2
£350K06/210.9 mi92, Sudbury Court Road, Harrow, Greater London HA1 3SH2
£357.5K03/210.95 mi35, Elliott Close, Wembley, Greater London HA9 8JH2
£245K10/200.96 mi786b, Harrow Road, Wembley, Greater London HA0 3EL2
£342K10/230.97 mi43, Lantern Close, Wembley, Greater London HA0 2JT2

Local Rents

23 rents from £1.7K/mo to £2.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,82504/240.01 mi-2
£2,10004/240.13 miByron Road, Wembley, HA02
£2,10004/240.13 miByron Road, Wembley, HA02
£2,10004/240.13 miByron Road, Wembley, HA02
£2,10004/240.13 miByron Road, Wembley, HA02
£2,10004/240.13 miByron Road, Wembley, HA02
£1,75004/240.18 mi-2
£1,75004/240.18 mi-2
£1,75002/250.27 mi-2
£2,00002/250.32 mi-2
£2,15002/250.39 mi-2
£2,00002/250.39 mi-2
£1,80004/240.41 miChamberlayne Avenue, Off Preston Road2
£1,85002/250.42 mi-2
£1,80004/240.42 miKirk House, Hirst Crescent, Wembley, HA92
£2,00004/240.42 miChamberlayne Avenue, Wembley, HA9 8SR2
£1,85012/240.42 mi-2
£1,80002/250.43 mi-2
£1,80002/250.44 mi-2
£2,25002/250.49 mi-2
£2,40002/250.57 mi-2
£1,85002/250.6 mi-2
£1,70004/240.61 mi302-308 Preston Road, Harrow, Middlesex, HA3 0QP2

Local Area Statistics

Population in HA9

47,505

Population in Wembley

96,131

Town centre distance

0.89 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Buyer's market

Capital growth (5yrs)

+50%

Property History

Price changed to £295,000

December 22, 2024

Listed for £315,000

July 12, 2024

Description

  • 2 BEDROOM FLAT +
  • 2ND FLOOR +
  • PEMPATH PLACE HA9 +
  • A SHORT WALK TO SOUTH KENTON STATION- BAKERLOO LINE +
  • PARKING IN FRONT OF APARTMENT ENTRANCE +
  • BRIGHT SPACIOUS RECEPTION +
  • PROPERTY OFFERED WITH NEW LEASE EXTENSION 125 YEARS +
  • GAS CENTRAL HEATING +
  • A SHORT WALK TO LOCAL AMENETIES AND TUBE STATION +
  • COMMUNAL GARDEN +

SUMMARY Hamilton Estates are excited to market this generous sized 2 bedroom Apartment in the sought after Pempath Place development, off Preston Road, Wembley HA9. The apartment boasts a spacious, bright reception, kitchen, bathroom, parking close to the entrance of apartment, a communal garden. Excellent location due to close proximity to South Kenton station which is a short walk away along with the local shops, cafes and amenities of Preston Road. Property is offered with lease extension to 125 years available. Please enquire with agent. 

ENTRANCE HALL 9' 5" x 3' 7" (2.87m x 1.09m) Entry phone system, entrance to apartment via a fire door which has safety lock feature from the outside, radiator, power points, access to loft hatch.  

RECEPTION ROOM 14' 7" x 13' 8" (4.44m x 4.17m) Glazed French door to entrance, Windows to rear, radiator, power points, new carpet fitted, BT point, built in cupboard housing water tank, access to kitchen via an arch feature wall, generous sized reception room has a flood of natural light, providing a bright airy feel to the room 

KITCHEN 11' 3" x 6' 69" (3.43m x 3.58m) Window to rear, range of wall and base units with work top surface, 1.5 bowl stainless steel sink with drainer, mixer taps, plumbed for washing machine, gas hob with built in electric fan assisted oven, extractor fan, part tiled walls, laminate wood floor, wall mounted gas boiler housed in cupboard, gas meter housed in cupboard,  

BEDROOM ONE 11' 9" x 9' 3" (3.58m x 2.82m) Windows to front, radiator, power points 

BEDROOM TWO 10' 5" x 5' 9" (3.18m x 1.75m) Window to front, radiator, power points 

BATHROOM Window to rear, radiator, pan bath with mixer taps and hand shower, glazed folding shower screen, pedestal wash basin, hot and cold Fawcett's, mirror medicine cabinet, extractor fan, part tiled walls, laminate wood floor, low level wc with soft closing seat,  

PARKING Parking close to the main entrance of the building 

COMMUNAL GARDEN Laid to lawn, bushes, shrubs, fruit trees, paved pathway

Agent Details

Hamilton Estates, Wembley

020 3909 6476

Next Steps?

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