3 Bed Terraced House, Refurb/BRRR, Harrow, HA3 9NE, £650,000

Shrewsbury Avenue, Kenton, HA3 9NE - 3 views - 8 months ago

Sold STC
Refurb/BRRR
~114 m²
+14 photos

ValuationFair Value

Sold Prices£273K - £660K
Sold Prices/m²£4.6K/m² - £10K/m²

 

 

Square Metres

~114.27 m²
Price/m²£5.7K/m²

Value Estimate

£656,500

 

 

End Value (After Refurb)

£716,690

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£60,453

Bridging Loan Interest

£17,063

Total Cash In

£282,465

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£716,690

Mortgage (After Refinance)

£537,518

Mortgage LTV

75%

Cash Released

£50,018

Cash Left In

£232,447

Equity

£179,173

Rent Range

£1,900 - £5,000

Rent Estimate

£2,813

Running Costs/mo

£2,822

Cashflow/mo

£-9

Cashflow/yr

£-111

Gross Yield

5%

Local Sold Prices

50 sold prices from £273K to £660K, average is £543.5K. £4.6K/m² to £10K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£542K06/230 mi115, Shrewsbury Avenue, Harrow, Greater London HA3 9NE3
£550K01/230.07 mi41, Cheltenham Place, Harrow, Greater London HA3 9NB3
£600K02/230.07 mi54, Shrewsbury Avenue, Harrow, Greater London HA3 9NF3
£520K04/210.09 mi22, Tonbridge Crescent, Harrow, Greater London HA3 9LA3
£480K11/200.09 mi15, Malvern Gardens, Harrow, Greater London HA3 9PA3
£640K10/220.12 mi106, Shrewsbury Avenue, Harrow, Greater London HA3 9NF3
£551K07/230.12 mi156, Malvern Gardens, Harrow, Greater London HA3 9PG3
£545K10/200.15 mi34, Winchester Road, Harrow, Greater London HA3 9PE3
£525K10/200.16 mi87, Malvern Gardens, Harrow, Greater London HA3 9PQ3
£645K09/210.16 mi91, Malvern Gardens, Harrow, Greater London HA3 9PQ3
£375K09/230.18 mi9, Shrewsbury Avenue, Harrow, Greater London HA3 9LX3
£520K11/200.18 mi8, Morland Road, Harrow, Greater London HA3 9LU3
£600K09/210.18 mi11, Morland Road, Harrow, Greater London HA3 9LU3
£581K10/200.18 mi16, Lodge Avenue, Harrow, Greater London HA3 9LS3
£600K03/230.19 mi24, Glebe Crescent, Harrow, Greater London HA3 9LD3
£530K06/210.19 mi6, D'arcy Gardens, Harrow, Greater London HA3 9JS3
£515K10/200.19 mi58, Charlton Road, Harrow, Greater London HA3 9HN3
£555K06/230.2 mi127, Charlton Road, Harrow, Greater London HA3 9HR3
£550K01/230.21 mi6, Glebe Avenue, Harrow, Greater London HA3 9LF3
£560K06/210.22 mi17, Camplin Road, Harrow, Greater London HA3 9LT3
£585K09/230.22 mi207, Charlton Road, Harrow, Greater London HA3 9HT3
£610K05/210.23 mi14, Camplin Road, Harrow, Greater London HA3 9LT3
£530K01/240.23 mi16, Liddell Close, Harrow, Greater London HA3 9EP3
£440K02/210.24 mi94, Warneford Road, Harrow, Greater London HA3 9HY3
£500K06/210.26 mi48, Newnham Way, Harrow, Greater London HA3 9NT3
£581K06/210.28 mi25, Clifton Road, Harrow, Greater London HA3 9NX3
£273K07/230.29 mi107, St Pauls Avenue, Harrow, Greater London HA3 9PT3
£520K09/230.29 mi45, Kenmore Road, Harrow, Greater London HA3 9EU3
£570K01/210.3 mi12, Westfield Drive, Harrow, Greater London HA3 9EQ3
£580K02/230.31 mi81, St Pauls Avenue, Harrow, Greater London HA3 9PR3
£475K06/210.32 mi42, Cody Close, Harrow, Greater London HA3 9ES3
£415K12/200.33 mi125, Moorhouse Road, Harrow, Greater London HA3 9JE3
£520K01/210.33 mi75, Ruskin Gardens, Harrow, Greater London HA3 9PY3
£550K02/240.37 mi21, Greenway, Kenton, Harrow, Greater London HA3 0TU3
£520K03/210.38 mi111, Kenmore Road, Harrow, Greater London HA3 9EY3
£485K06/210.39 mi44, Ruskin Gardens, Harrow, Greater London HA3 9QE3
£660K01/240.39 mi575, Kenton Road, Harrow, Greater London HA3 9RS3
£500K02/210.42 mi3, Repton Road, Harrow, Greater London HA3 9QD3
£510K01/210.42 mi3, Turner Road, Edgware, Greater London HA8 6AT3
£577K11/200.42 mi19, Brookfield Crescent, Harrow, Greater London HA3 0UT3
£535K12/200.42 mi12, Brookfield Crescent, Harrow, Greater London HA3 0UT3
£599K08/230.42 mi18, Brookfield Crescent, Harrow, Greater London HA3 0UT3
£440K01/210.43 mi43, Brancker Road, Harrow, Greater London HA3 9AW3
£475K06/210.43 mi83, Brancker Road, Harrow, Greater London HA3 9AW3
£565K11/220.45 mi39, Brancker Road, Harrow, Greater London HA3 9AW3
£535K10/220.45 mi14, Woodstock Close, Stanmore, Greater London HA7 1HA3
£588K04/230.45 mi49, Orchard Grove, Kenton, Harrow, Greater London HA3 9QR3
£555K01/230.47 mi116, Honeypot Lane, London, Greater London NW9 9QX3
£490K03/240.47 mi96, Honeypot Lane, London, Greater London NW9 9QX3
£640K05/230.47 mi118, Honeypot Lane, London, Greater London NW9 9QX3

Local Rents

21 rents from £1.9K/mo to £5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,30004/240.14 miD'arcy Gardens, Kenton, Harrow, HA33
£2,05004/240.16 miWinchester Road, Harrow HA33
£2,50003/250.17 mi-3
£2,40002/250.25 mi-3
£1,90004/240.3 miSt.pauls Avenue, Kenton , Middlesex, HA3 3
£2,60004/240.32 miOakdale Avenue, HARROW, HA33
£2,60004/240.32 miOakdale Avenue, HARROW, HA33
£2,25002/250.32 mi-3
£2,50001/250.38 mi-3
£4,75004/240.39 mi-3
£2,20003/250.41 mi-3
£5,00001/240.41 miStreatfield Road, Harrow, Middlesex, HA33
£3,75006/240.42 mi-3
£2,35004/240.47 miTurner Road, Edgware, Middlesex, HA83
£2,50004/240.47 miPortland Crescent, HA73
£2,55003/250.5 mi-3
£2,55003/250.51 mi-3
£2,35002/250.53 mi-3
£2,85009/240.55 mi-3
£2,40004/240.62 miMelcombe Gardens, Harrow3
£2,40012/240.62 mi-3

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

1.70 miles away

Nearest school

0.10 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £650,000

August 1, 2024

Floor Plans

Description

  • EXTENDED +
  • THREE BEDROOMS +
  • TWO BATHROOMS +
  • UTILTY ROOM +
  • LARGE GARAGE VIA REAR ACCESS +
  • CHAIN FREE +

Salter McGuinness are delighted to offer for sale this extended, three bedroom, two bathroom end of terrace family home situated on a popular residential road in Kenton. Good schools, places of worship, excellent transport links and multiple shopping facilities are all within easy reach. The property briefly comprises of, front lounge, extended rear living room with open plan kitchen/diner, downstairs shower room/w.c, utility room, three bedrooms, bathroom, separate w.c. Externally, there are front and rear gardens and a large garage with access via the rear. This chain free property requires modernisation. Early viewing recommended!

Agent Details

Salter McGuinness, Harrow

020 8103 8515

Next Steps?

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