3 Bed Semi-Detached House, Refurb/BRRR, Harrow, HA3 0UE, £649,950

Kinross Close, Harrow, HA3 0UE - 3 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£273K - £750K
Sold Prices/m²£4.9K/m² - £8.6K/m²

 

 

Square Metres

~93 m²
Price/m²£7K/m²

Value Estimate

£577,150

 

 

End Value (After Refurb)

£600,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,488

Stamp Duty & Legal Fees

£40,696

Refurb Costs

£49,200

Bridging Loan Interest

£17,061

Total Cash In

£271,195

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£600,000

Mortgage (After Refinance)

£450,000

Mortgage LTV

75%

Cash Left In

£271,195

Equity

£150,000

Rent Range

£1,700 - £2,600

Rent Estimate

£2,533

Running Costs/mo

£2,402

Cashflow/mo

£131

Cashflow/yr

£1,577

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £273K to £750K, average is £575K. £4.9K/m² to £8.6K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£561.3K03/210.09 mi62, Chapman Crescent, Harrow, Greater London HA3 0TE3
£660K01/240.12 mi575, Kenton Road, Harrow, Greater London HA3 9RS3
£550K02/240.14 mi21, Greenway, Kenton, Harrow, Greater London HA3 0TU3
£500K06/210.14 mi48, Newnham Way, Harrow, Greater London HA3 9NT3
£581K06/210.18 mi25, Clifton Road, Harrow, Greater London HA3 9NX3
£665K09/230.19 mi22, Ormesby Way, Harrow, Greater London HA3 9SF3
£375K09/230.22 mi9, Shrewsbury Avenue, Harrow, Greater London HA3 9LX3
£640K03/230.22 mi84, Preston Hill, Harrow, Greater London HA3 9SG3
£575K12/220.23 mi45, Preston Hill, Harrow, Greater London HA3 9SB3
£520K11/200.23 mi8, Morland Road, Harrow, Greater London HA3 9LU3
£600K09/210.23 mi11, Morland Road, Harrow, Greater London HA3 9LU3
£580K02/230.24 mi81, St Pauls Avenue, Harrow, Greater London HA3 9PR3
£610K02/230.24 mi53, Preston Hill, Harrow, Greater London HA3 9SB3
£510K12/200.25 mi23, Preston Hill, Harrow, Greater London HA3 9SB3
£550K04/210.25 mi1, Melcombe Gardens, Harrow, Greater London HA3 9RH3
£577K11/200.27 mi19, Brookfield Crescent, Harrow, Greater London HA3 0UT3
£535K12/200.27 mi12, Brookfield Crescent, Harrow, Greater London HA3 0UT3
£599K08/230.27 mi18, Brookfield Crescent, Harrow, Greater London HA3 0UT3
£640K10/220.27 mi106, Shrewsbury Avenue, Harrow, Greater London HA3 9NF3
£663.8K11/210.28 mi137, Regal Way, Harrow, Greater London HA3 0SG3
£485K06/210.28 mi44, Ruskin Gardens, Harrow, Greater London HA3 9QE3
£560K06/210.28 mi17, Camplin Road, Harrow, Greater London HA3 9LT3
£610K05/210.29 mi14, Camplin Road, Harrow, Greater London HA3 9LT3
£670K09/230.29 mi8, Imperial Way, Harrow, Greater London HA3 9SW3
£588K04/230.31 mi49, Orchard Grove, Kenton, Harrow, Greater London HA3 9QR3
£581K10/200.31 mi16, Lodge Avenue, Harrow, Greater London HA3 9LS3
£600K03/210.31 mi3, Bush Hill Road, Harrow, Greater London HA3 9RG3
£490K10/200.32 mi32, Orchard Grove, Harrow, Greater London HA3 9QS3
£480K11/200.32 mi15, Malvern Gardens, Harrow, Greater London HA3 9PA3
£600K02/230.33 mi54, Shrewsbury Avenue, Harrow, Greater London HA3 9NF3
£618K05/230.33 mi9, The Garth, Harrow, Greater London HA3 9TQ3
£750K08/230.34 mi8, Regent Close, Harrow, Greater London HA3 0SF3
£590K10/230.36 mi28, Tylers Gate, Harrow, Greater London HA3 9XH3
£575K12/200.36 mi84, Regal Way, Harrow, Greater London HA3 0RY3
£620K10/230.36 mi56, Regal Way, Harrow, Greater London HA3 0RY3
£500K02/210.37 mi3, Repton Road, Harrow, Greater London HA3 9QD3
£550K01/230.38 mi41, Cheltenham Place, Harrow, Greater London HA3 9NB3
£747K03/210.38 mi125, Vista Way, Harrow, Greater London HA3 0SJ3
£542K06/230.39 mi115, Shrewsbury Avenue, Harrow, Greater London HA3 9NE3
£520K01/210.4 mi75, Ruskin Gardens, Harrow, Greater London HA3 9PY3
£463K02/210.41 mi2, Vane Close, Harrow, Greater London HA3 9XD3
£495K04/230.41 mi4, Vane Close, Harrow, Greater London HA3 9XD3
£530K06/210.41 mi6, D'arcy Gardens, Harrow, Greater London HA3 9JS3
£655K06/210.42 mi1, Hampton Rise, Harrow, Greater London HA3 0SB3
£273K07/230.43 mi107, St Pauls Avenue, Harrow, Greater London HA3 9PT3
£505K11/200.44 mi1, Emerson Gardens, Harrow, Greater London HA3 9TY3
£490K03/240.45 mi96, Honeypot Lane, London, Greater London NW9 9QX3
£640K05/230.45 mi118, Honeypot Lane, London, Greater London NW9 9QX3
£570K01/210.45 mi12, Westfield Drive, Harrow, Greater London HA3 9EQ3
£530K04/210.45 mi209, The Mall, Harrow, Greater London HA3 9TL3

Local Rents

15 rents from £1.7K/mo to £2.6K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,25002/250.13 mi-3
£2,60004/240.16 miOakdale Avenue, HARROW, HA33
£2,60004/240.16 miOakdale Avenue, HARROW, HA33
£2,40004/240.25 miMelcombe Gardens, Harrow3
£2,50003/250.32 mi-3
£2,25004/240.42 miRegal Way, Harrow, HA33
£2,30004/240.42 miD'arcy Gardens, Kenton, Harrow, HA33
£1,90004/240.43 miSt.pauls Avenue, Kenton , Middlesex, HA3 3
£2,40002/250.44 mi-3
£2,05004/240.44 miWinchester Road, Harrow HA33
£1,70002/250.45 mi-3
£2,50003/250.55 mi-3
£2,50010/240.6 mi-3
£2,50010/240.6 mi-3
£2,35002/250.6 mi-3

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

1.78 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £649,950

August 9, 2024

Floor Plans

Description

  • Three bed semi-detached house +

_Introducing a fantastic opportunity to put your own stamp on this chain-free, three-bedroom semi-detached house, located on a quiet family friendly cul-de-sac within a sought-after neighbourhood. The location is a real draw card for this property.

Upon entering the property, you are greeted with a sense of space and possibility. The generously sized through lounge offers a versatile living and dining area, flooded with natural light, creating a warm and inviting ambience. The separate kitchen, though in need of modernisation, provides a blank canvas for the discerning homeowner to redesign and create a culinary haven tailored to their taste. The garden is a good size and offers seclusion and privacy.

The first floor presents three well proportioned bedrooms as well as a bathroom also in need of some love and attention.

The property benefits from having an own drive with garage offering scope for double storey side and rear extension as well as loft conversion (STPP). The front garden has provision for off-street parking for up to 3 cars.

This property is an exciting prospect for those looking to make their mark and create a home that perfectly matches their lifestyle and vision. With its spacious layout, potential for enhancement, and coveted location, this property is located within walking distance of places of worship, various transport links (Kingsbury Station – Jubilee Line is less than a mile away, Kenton Station – Bakerloo & Overground Lines, ) and reputable primary and secondary schools as well as an array of shops and eateries._ _ Don't miss this chance to transform this property into your dream home. Book your viewing today and see for yourself the potential this opportunity offers._

EPC Rating: D

Agent Details

Phillip Shaw, Harrow

020 8016 2872

Next Steps?

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