2 Bed Flat, Single Let, Harrow, HA2 8FL, £399,950

Echo Court, Sherwood Road, South Harrow, HA2 8FL - 8 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£82K - £530K
Sold Prices/m²£1.4K/m² - £8.9K/m²

 

 

Square Metres

~68 m²
Price/m²£5.9K/m²

Value Estimate

£347,637

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£99,988

Stamp Duty & Legal Fees

£20,696

Total Cash In

£120,684

 

 

Cash Out

 

Rent Range

£1,550 - £2,350

Rent Estimate

£1,700

Running Costs/mo

£1,610

Cashflow/mo

£90

Cashflow/yr

£1,082

ROI

1%

Gross Yield

5%

Local Sold Prices

48 sold prices from £82K to £530K, average is £325K. £1.4K/m² to £8.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£256K12/200.12 mi72, Cowen Avenue, Harrow, Greater London HA2 0LU2
£256K12/200.12 mi72, Cowen Avenue, Harrow, Greater London HA2 0LU2
£325K03/230.19 mi18, Parkfield Road, Harrow, Greater London HA2 8LB2
£328.5K07/230.3 mi2, Fentiman Way, Harrow, Greater London HA2 8FD2
£310K03/230.3 mi9, Fentiman Way, Harrow, Greater London HA2 8FD2
£355K11/220.32 mi14, Fentiman Way, Harrow, Greater London HA2 8FD2
£355.7K09/230.32 mi27, Ashbourne Avenue, Harrow, Greater London HA2 0JS2
£372K06/230.33 mi117, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0PP2
£430K06/230.38 miFlat 6, Bermuda House, Mount Park Road, Harrow, Greater London HA1 3XH2
£295K06/210.41 mi127a, Kingsley Road, Harrow, Greater London HA2 8LF2
£296K03/210.43 mi24, Lower Road, Harrow, Greater London HA2 0DA2
£459.9K09/230.44 miFlat 6, Hamson Court, Brickfields, Harrow, Greater London HA2 0JG2
£150K06/210.46 mi9, Elmfield Close, Harrow, Greater London HA1 3TL2
£235K02/230.54 mi142, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AW2
£355K05/230.55 miFlat 31, Wendela Court, Sudbury Hill, Harrow, Greater London HA1 3NB2
£330K10/220.58 mi28, Alexandra Close, Harrow, Greater London HA2 8QA2
£333K08/230.6 mi168, Alexandra Avenue, Harrow, Greater London HA2 8PY2
£355K04/230.61 mi219, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN2
£310K03/210.61 mi237, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN2
£295K11/210.64 mi29, Jasmine Gardens, Harrow, Greater London HA2 9DE2
£280K10/200.64 mi14, Jasmine Gardens, Harrow, Greater London HA2 9DE2
£82K09/210.67 mi10, Farmborough Close, Harrow, Greater London HA1 3YG2
£330K02/230.67 mi11, Lance Road, Harrow, Greater London HA1 4BL2
£350K11/220.67 mi17, Rowe Walk, Harrow, Greater London HA2 9AB2
£125K12/220.68 mi25, Farmborough Close, Harrow, Greater London HA1 3YG2
£275K06/210.69 mi34, Rowe Walk, Harrow, Greater London HA2 9AB2
£325K03/210.69 mi15, Rowe Walk, Harrow, Greater London HA2 9AB2
£325K02/230.74 mi12, Alexandra Avenue, Harrow, Greater London HA2 8PG2
£320K02/210.74 mi39, Dorchester Road, Northolt, Greater London UB5 4PB2
£300K11/210.75 mi87a, Bessborough Road, Harrow, Greater London HA1 3DB2
£286K05/210.76 mi326a, Alexandra Avenue, Harrow, Greater London HA2 9DB2
£325K11/210.77 mi7, Dorchester Close, Northolt, Greater London UB5 4PE2
£340K05/230.77 mi8, Dorchester Close, Northolt, Greater London UB5 4PE2
£390K12/210.78 mi130, Butler Road, Harrow, Greater London HA1 4DX2
£285K01/210.78 mi299b, Alexandra Avenue, Harrow, Greater London HA2 9DX2
£334.6K04/230.84 mi75a, Butler Road, Harrow, Greater London HA1 4DS2
£387.5K10/230.84 mi39, Butler Road, Harrow, Greater London HA1 4DS2
£350K01/210.9 mi33, Butler Avenue, Harrow, Greater London HA1 4EJ2
£335K06/230.92 mi85, Petts Hill, Northolt, Greater London UB5 4NS2
£260K04/210.94 mi73, Wincanton Crescent, Northolt, Greater London UB5 4HQ2
£361K01/240.95 mi27a, Vaughan Road, Harrow, Greater London HA1 4DP2
£240K06/210.95 mi395a, Alexandra Avenue, Harrow, Greater London HA2 9EF2
£308K07/210.96 mi9, Carlton Close, Northolt, Greater London UB5 4LQ2
£370K12/200.96 mi42, Vaughan Road, Harrow, Greater London HA1 4EE2
£530K06/230.97 miFlat 7, Appin Court, Roxborough Park, Harrow, Greater London HA1 3BJ2
£342.5K12/220.97 mi227, The Ridgeway, North Harrow, Harrow, Greater London HA2 7DA2
£315K11/200.99 mi60, Beechcroft Avenue, Harrow, Greater London HA2 7JF2
£307.5K11/201 mi19, Wood End Lane, Northolt, Greater London UB5 4JN2

Local Rents

50 rents from £1.6K/mo to £2.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.06 miOsbury Court, 52 Northolt Road, Harrow, Greater London, HA22
£1,85002/240.09 miNortholt Road, South Harrow, Harrow, HA22
£1,70004/240.17 mi-2
£1,85002/250.18 mi-2
£1,80004/250.18 mi-2
£1,75001/250.18 mi-2
£1,80001/240.19 miHarrow2
£1,72503/250.24 mi-2
£1,80003/250.25 mi-2
£1,90003/250.25 mi-2
£1,95004/240.27 mi-2
£2,25004/240.27 mi-2
£1,77501/250.28 mi-2
£1,67502/250.28 mi-2
£1,70002/250.29 mi-2
£1,75012/240.31 mi-2
£1,87512/240.32 mi-2
£1,79512/240.32 mi-2
£2,00004/240.32 miAshbourne Avenue, Harrow, HA22
£2,00002/240.32 miAshbourne Avenue, Harrow2
£2,35012/240.32 mi-2
£2,30012/240.32 mi-2
£2,20012/240.32 mi-2
£2,00012/240.32 mi-2
£2,00012/240.32 mi-2
£1,85003/250.33 mi-2
£1,67512/240.33 mi-2
£2,30004/240.35 mi-2
£2,20012/240.35 mi-2
£1,89504/240.36 mi-2
£1,70004/240.36 mi-2
£1,80012/240.37 mi-2
£1,80004/250.37 mi-2
£1,80012/240.41 mi-2
£2,00002/240.42 miRoxeth Hill, Harrow, HA22
£1,85003/240.43 miBrickfields, Harrow, Middlesex, HA22
£1,85012/240.43 mi-2
£1,95004/240.44 miCottage Close, Harrow, HA22
£1,85004/240.44 miCottage Close, Harrow, Middlesex, HA22
£1,55004/240.44 miCorbins Lane, South Harrow, HA2 8EN2
£1,85012/240.46 mi-2
£1,80012/240.46 mi-2
£1,80001/250.46 mi-2
£1,85001/250.46 mi-2
£1,75003/250.46 mi-2
£1,72504/240.51 mi-2
£1,77512/240.51 mi-2
£1,77504/240.51 miChyngton Court, Harrow, HA12
£2,10004/240.52 miSudbury Hill, Harrow on the Hill, Harrow, HA12
£2,20004/240.52 miParkside, London Road, Harrow on the Hill2

Local Area Statistics

Population in HA2

55,273

Population in Harrow

164,559

Town centre distance

1.58 miles away

Nearest school

0.40 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Price changed to £399,950

November 8, 2024

Listed for £425,000

July 25, 2024

Floor Plans

Description

  • Larger than average +
  • Reserved underground parking +
  • Brand new +
  • Large balcony +
  • Low service charge +
  • Estimated rental income £1700pcm +
  • Long lease +

Woodrow Morris Estate Agents are delighted to offer for sale this larger than average 2 double bedroom apartment, the property is brand new having been built by Hill the award winning home builders. ideally placed only a short walk to the local amenities of South Harrow directly across from South Harrow underground station on the Piccadilly Line. The accommodation briefly comprises of a large entrance hall with ample built in storage, a tastefully decorated open plan kitchen/living room with access to a large private balcony with far reaching views, two double bedrooms and a beautiful bathroom suite. The property has a large reserved parking space, and there are well kept communal gardens within the development, we are advised by the current owners that there is a service charge of £2100pa, making this an ideal buy to let opportunity with am estimated rental income of £1700pcm.

Agent Details

Woodrow Morris, Harrow-on-the-Hill

020 3835 3775

Next Steps?

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