2 Bed Flat, Single Let, Harrow, HA3 7AF, £295,000

High Street, Wealdstone, Harrow, HA3 7AF - 8 months ago

Leasehold
BTL
ROI: 3%
~72 m²
+2 photos

ValuationUndervalued

Sold Prices£110K - £650K
Sold Prices/m²£3.1K/m² - £14.4K/m²

 

 

Square Metres

~72.20 m²
Price/m²£4.1K/m²

Value Estimate

£354,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£18,200

Total Cash In

£91,950

 

 

Cash Out

 

Rent Range

£1,495 - £2,200

Rent Estimate

£1,497

Running Costs/mo

£1,241

Cashflow/mo

£256

Cashflow/yr

£3,069

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £650K, average is £325.5K. £3.1K/m² to £14.4K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£110K01/210.04 miFlat 4, Pinsent House, Greenleaf Way, Harrow, Greater London HA3 7SL2
£407.5K12/200.13 mi9, Grant Road, Harrow, Greater London HA3 7SB2
£246.5K04/210.16 mi22, Aberdeen Road, Harrow, Greater London HA3 7NF2
£295K06/210.28 mi36a, Herga Road, Harrow, Greater London HA3 5AS2
£322K08/230.28 mi24a, Herga Road, Harrow, Greater London HA3 5AS2
£250K09/210.29 mi19, Archery Close, Harrow, Greater London HA3 7RT2
£292K05/230.29 mi18, Archery Close, Harrow, Greater London HA3 7RT2
£311K01/230.3 mi44, Masons Avenue, Harrow, Greater London HA3 5AR2
£262K03/230.42 mi207, Christchurch Avenue, Harrow, Greater London HA3 5BA2
£315K06/210.42 mi10, Rusland Heights, Harrow, Greater London HA1 1UU2
£315K11/220.44 mi204, High Road, Harrow, Greater London HA3 7BA2
£300K10/220.47 mi237a, High Road, Harrow, Greater London HA3 5EE2
£341.5K08/230.47 mi33a, Frognal Avenue, Harrow, Greater London HA1 2SG2
£291.5K04/210.48 mi8, Nicola Close, Harrow, Greater London HA3 5HP2
£280K07/210.48 mi14, Nicola Close, Harrow, Greater London HA3 5HP2
£340K02/210.53 mi9a, Barchester Road, Harrow, Greater London HA3 5HH2
£336K09/230.53 mi111, Rosslyn Crescent, Harrow, Greater London HA1 2RY2
£390K09/230.53 miFlat A, 186, Harrow View, Harrow, Greater London HA1 4TN2
£380K10/230.54 mi18, Enderley Road, Harrow, Greater London HA3 5HF2
£370K06/210.55 mi41, Ranmoor Close, Harrow, Greater London HA1 1UH2
£325K11/220.56 mi7a, Bengarth Drive, Harrow, Greater London HA3 5HX2
£368K12/200.57 mi10a, Radnor Avenue, Harrow, Greater London HA1 1SB2
£330K02/210.58 mi25b, Radnor Avenue, Harrow, Greater London HA1 1SB2
£400K06/210.59 mi23, Hamilton Road, Harrow, Greater London HA1 1SX2
£475K03/210.61 mi70, Nibthwaite Road, Harrow, Greater London HA1 1TG2
£420K02/210.63 mi78, Radnor Road, Harrow, Greater London HA1 1SA2
£325K10/210.63 mi84, Harrow View, Harrow, Greater London HA1 4TE2
£195K03/210.63 mi4a, Weald Lane, Harrow, Greater London HA3 5ES2
£394K11/210.64 mi40a, Hide Road, Harrow, Greater London HA1 4SF2
£380K09/220.64 mi16, Broadlawns Court, Harrow, Greater London HA3 7HN2
£335K03/230.65 mi79, Elmgrove Road, Harrow, Greater London HA1 2QW2
£407K12/220.65 mi73a, Harrow View, Harrow, Greater London HA1 1RF2
£350K02/230.66 mi15, Broadlawns Court, Harrow, Greater London HA3 7HN2
£317.5K02/210.66 mi64a, Longley Road, Harrow, Greater London HA1 4TH2
£326K06/230.66 mi91, Sefton Avenue, Harrow, Greater London HA3 5JP2
£445.9K02/230.67 mi47a, Longley Road, Harrow, Greater London HA1 4TG2
£280K03/210.68 miLower Maisonette, 10, Harrow View, Harrow, Greater London HA1 1RG2
£318K10/200.68 mi48, Edward Road, Harrow, Greater London HA2 6QA2
£329K06/210.69 mi62d, Warrington Road, Harrow, Greater London HA1 1SY2
£302K03/230.69 mi32, Glenwood Close, Harrow, Greater London HA1 2QL2
£315K01/210.69 mi2, Glenwood Close, Harrow, Greater London HA1 2QL2
£189K11/200.7 mi10, The Close, Harrow, Greater London HA2 6NT2
£350K09/220.7 mi21a, Derby Avenue, Harrow, Greater London HA3 5JU2
£332K05/230.71 mi19, Fairfield Drive, Harrow, Greater London HA2 6PY2
£300K10/210.71 mi29, Glenwood Close, Harrow, Greater London HA1 2QN2
£650K01/210.71 mi100, Christchurch Avenue, Harrow, Greater London HA3 8NN2
£282K08/210.72 mi37, Albert Road, Harrow, Greater London HA2 6PS2
£340K11/220.72 mi11, Fairfield Drive, Harrow, Greater London HA2 6PY2
£355K02/210.72 mi29a, Salisbury Road, Harrow, Greater London HA1 1NU2
£255K02/210.72 mi49, Elmgrove Crescent, Harrow, Greater London HA1 2QT2

Local Rents

51 rents from £1.5K/mo to £2.2K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,55003/250.05 mi-2
£1,55003/250.05 mi-2
£1,75004/240.05 miSunset House, Grant Road, Harrow Wealdstone, Middlesex, HA32
£1,95012/240.07 mi-2
£1,65004/240.1 miBirchfield, Palmerston Road, HA32
£2,00002/250.13 mi-2
£1,60004/240.13 mi-2
£1,65001/250.13 mi-2
£1,55001/250.13 mi-2
£1,50004/240.14 miAdmiral House, Cardinal Way, Wealdstone, HA32
£1,55004/240.14 miAdmiral House, Cardinal Way, Wealdstone, HA32
£2,10003/250.17 mi-2
£1,70004/240.19 mi-2
£1,70003/250.19 mi-2
£1,72512/240.2 mi-2
£1,70004/240.2 miSpencer Road, Harrow, HA32
£1,72504/240.21 miMontrose Road, Ha32
£1,65003/250.22 mi-2
£1,65012/240.23 mi-2
£1,80004/240.23 miHigh Street, Harrow2
£1,70001/250.24 mi-2
£1,75004/240.24 miMontrose Road, Harrow, Middlesex HA32
£1,72504/240.24 miMontrose Road, Harrow, Middlesex HA32
£1,49502/250.25 mi-2
£1,49503/250.25 mi-2
£1,60005/230.26 miSpencer Road, Harrow2
£1,65004/240.26 miSpencer Road, Harrow2
£1,70004/240.27 miSpencer Road, Harrow2
£1,85004/240.27 miLowry Court, 23 Artisan Place, Harrow , HA3 2
£1,75012/240.29 mi-2
£1,90004/240.29 mi-2
£2,20003/250.3 mi-2
£1,65012/240.32 mi-2
£1,90012/240.32 mi-2
£1,90004/240.32 miApplebee Court, Wealdstone, Harrow, HA32
£1,80003/250.32 mi-2
£1,85004/240.32 miArtisan Place, Wealdstone2
£2,20003/250.33 mi-2
£1,60004/240.34 miArchery Close, Harrow, HA32
£1,65003/250.35 mi-2
£1,60003/250.35 mi-2
£1,67503/250.36 mi-2
£1,90003/250.37 mi-2
£1,80002/250.37 mi-2
£1,69503/250.37 mi-2
£1,60004/240.37 miArchery Close, Harrow, Middlesex, HA32
£1,95003/250.41 mi-2
£1,79501/250.42 mi-2
£1,60003/250.46 mi-2
£1,55003/250.48 mi-2
£1,90002/250.48 mi-2

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

0.62 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £295,000

November 5, 2024

Price changed to £310,000

September 23, 2024

Listed for £330,000

August 1, 2024

Floor Plans

Description

  • Two bedroom apartment +
  • Long lease +
  • No chain +
  • Balcony +
  • Close to Harrow & Wealdstone Station +
  • Stunning views +
  • Local amenities +
  • 777 SQ FT +
  • Fitted wardrobes +
  • Transport links +

LOCATION This property is ideally situated just a short walk from Wealdstone's extensive shopping and transport amenities, including Harrow & Wealdstone train station, which offers both Bakerloo and London Overground services for easy access to London and beyond.

Families will appreciate the proximity to highly regarded schools such as Whitefriars Primary, Middle, and High Schools. Additionally, the prestigious Salvatorian Roman Catholic College and The Sacred Heart Language College are also within easy walking distance. 

THE PROPERTY Upon entering the front door, you are welcomed into an inner corridor that leads to two spacious bedrooms and a well appointed bathroom. Beyond, a door opens into a modern 28 ft open-plan kitchen and lounge area, offering an excellent living space perfect for relaxation and entertaining. The lounge leads to a beautiful balcony, where you can enjoy stunning views of London.

This property is presented to the market in immaculate condition, boasting double glazing and the advantage of no onward chain. 

DETAILS OF SALE Service Charge £250.00 per month
Approximately 115 years remaining on lease.
Top Floor (5th Floor)
No Chain

Agent Details

Andrews Residential, Uxbridge

01896 809203

Next Steps?

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