3 Bed Semi-Detached House, Refurb/BRRR, Harrow, HA1 4XH, £500,000

312 Harley Crescent, Harrow, HA1 - 4 views - 8 months ago

Sold STC

Refurb/BRRR

ROI: 3%

~78 m²

+23 photos

ValuationOvervalued

Sold Prices	£460K - £928K
Sold Prices/m²	£4.8K/m² - £7.1K/m²

Square Metres	~78 m²
Price/m²	£6.4K/m²
Value Estimate	£450,090£450,090

End Value (After Refurb)	£443,425£443,425

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Refurb Costs	£41,319£41,319
Bridging Loan Interest	£13,125£13,125
Total Cash In	£209,894£209,894

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£443,425£443,425
Mortgage (After Refinance)	£332,568£332,568
Mortgage LTV	75%75%
Cash Left In	£209,894£209,894
Equity	£110,856£110,856
Rent Range	£1,500 - £3,000£1,500 - £3,000
Rent Estimate	£2,313
Running Costs/mo	£1,868£1,868
Cashflow/mo	£445£445
Cashflow/yr	£5,336£5,336
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £460K to £928K, average is £570K. £4.8K/m² to £7.1K/m², average is £6.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£520K	06/21	0 mi	47, Harley Crescent, Harrow, Greater London HA1 4XH	£7,123	73	3	Semi-Detached House
£480K	03/21	0.03 mi	32, Harley Crescent, Harrow, Greater London HA1 4XJ	-	-	3	Semi-Detached House
£515K	03/23	0.08 mi	8, Harley Road, Harrow, Greater London HA1 4XG	-	-	3	Terraced House
£471K	05/23	0.08 mi	32, Harley Road, Harrow, Greater London HA1 4XG	£6,729	70	3	Semi-Detached House
£540K	04/23	0.1 mi	169, Harrow View, Harrow, Greater London HA1 4SU	£5,934	91	3	Terraced House
£520K	05/21	0.11 mi	17, View Close, Harrow, Greater London HA1 4ST	£7,027	74	3	Semi-Detached House
£520K	05/21	0.11 mi	17, View Close, Harrow, Greater London HA1 4ST	£7,027	74	3	Semi-Detached House
£460K	06/21	0.12 mi	3, Harley Road, Harrow, Greater London HA1 4XF	-	-	3	Terraced House
£527K	06/21	0.12 mi	54, Walton Road, Harrow, Greater London HA1 4UU	£5,378	98	3	Semi-Detached House
£565K	03/21	0.12 mi	60, Walton Road, Harrow, Greater London HA1 4UU	£6,011	94	3	Semi-Detached House
£600K	02/21	0.15 mi	134, Marlborough Hill, Harrow, Greater London HA1 1UD	£5,505	109	3	Semi-Detached House
£634K	12/20	0.16 mi	27, Hide Road, Harrow, Greater London HA1 4SG	£5,419	117	3	Semi-Detached House
£525K	08/21	0.16 mi	32, Walton Road, Harrow, Greater London HA1 4UT	£6,151	85	3	Semi-Detached House
£630K	10/22	0.16 mi	28, Hide Road, Harrow, Greater London HA1 4SF	-	-	3	Terraced House
£535K	02/23	0.16 mi	1, Hide Road, Harrow, Greater London HA1 4SG	-	-	3	Detached House
£640K	11/20	0.18 mi	29, Longley Road, Harrow, Greater London HA1 4TG	£6,038	106	3	Semi-Detached House
£545K	06/21	0.18 mi	67, Bolton Road, Harrow, Greater London HA1 4SB	£5,450	100	3	Terraced House
£540K	09/22	0.19 mi	204, Headstone Drive, Harrow, Greater London HA1 4UP	-	-	3	Terraced House
£550K	06/21	0.19 mi	50, Bolton Road, Harrow, Greater London HA1 4SA	-	-	3	Terraced House
£563.8K	11/20	0.22 mi	35, Moat Drive, Harrow, Greater London HA1 4RY	£6,128	92	3	Semi-Detached House
£735K	12/22	0.22 mi	53, Moat Drive, Harrow, Greater London HA1 4RY	-	-	3	Semi-Detached House
£615K	01/23	0.22 mi	43, Moat Drive, Harrow, Greater London HA1 4RY	-	-	3	Semi-Detached House
£645K	03/23	0.23 mi	13, Lowick Road, Harrow, Greater London HA1 1UP	£6,285	103	3	Semi-Detached House
£595K	05/21	0.24 mi	61, Kings Way, Harrow, Greater London HA1 1XT	£6,263	95	3	Semi-Detached House
£558K	08/21	0.24 mi	22, Earls Crescent, Harrow, Greater London HA1 1XN	-	-	3	Semi-Detached House
£660K	03/21	0.25 mi	33, Torver Road, Harrow, Greater London HA1 1TH	-	-	3	Semi-Detached House
£535K	09/23	0.26 mi	64, Hide Road, Harrow, Greater London HA1 4SE	£5,459	98	3	Terraced House
£607K	06/23	0.26 mi	6, Dukes Avenue, Harrow, Greater London HA1 1XW	-	-	3	Semi-Detached House
£575K	07/23	0.27 mi	30, Brook Drive, Harrow, Greater London HA1 4RT	£6,319	91	3	Semi-Detached House
£555K	10/20	0.27 mi	47, Brook Drive, Harrow, Greater London HA1 4RT	£6,307	88	3	Semi-Detached House
£615K	01/21	0.27 mi	15, Earls Crescent, Harrow, Greater London HA1 1XL	£6,685	92	3	Semi-Detached House
£635K	08/23	0.27 mi	7, Sparkbridge Road, Harrow, Greater London HA1 1TJ	£6,978	91	3	Semi-Detached House
£675K	06/23	0.29 mi	26, Headstone Gardens, Harrow, Greater London HA2 6PP	£5,114	132	3	Semi-Detached House
£540K	11/21	0.29 mi	99b, Nibthwaite Road, Harrow, Greater London HA1 1TE	-	-	3	Terraced House
£510K	02/21	0.3 mi	47, Headstone Gardens, Harrow, Greater London HA2 6PH	£6,000	85	3	Semi-Detached House
£652.5K	10/23	0.31 mi	26, Torver Road, Harrow, Greater London HA1 1TQ	-	-	3	Semi-Detached House
£650K	09/23	0.31 mi	1, Torver Road, Harrow, Greater London HA1 1TQ	-	-	3	Semi-Detached House
£480K	04/21	0.31 mi	34, Princes Drive, Harrow, Greater London HA1 1XH	£4,848	99	3	Semi-Detached House
£605K	09/23	0.31 mi	16, Princes Drive, Harrow, Greater London HA1 1XH	-	-	3	Terraced House
£535K	11/21	0.33 mi	17, Sidney Road, Harrow, Greater London HA2 6QE	-	-	3	Detached House
£630K	09/23	0.34 mi	5, Sidney Road, Harrow, Greater London HA2 6QE	-	-	3	Semi-Detached House
£550K	11/20	0.34 mi	7, Harrow View, Harrow, Greater London HA1 1RE	£5,500	100	3	Semi-Detached House
£715K	09/21	0.36 mi	93, Woodberry Avenue, Harrow, Greater London HA2 6AY	-	-	3	Semi-Detached House
£760K	08/22	0.38 mi	46, Warrington Road, Harrow, Greater London HA1 1SY	-	-	3	Semi-Detached House
£610K	06/21	0.38 mi	24, Albert Road, Harrow, Greater London HA2 6PS	£5,754	106	3	Detached House
£585K	01/23	0.39 mi	27, Albert Road, Harrow, Greater London HA2 6PS	-	-	3	Terraced House
£530K	06/21	0.4 mi	42, Blawith Road, Harrow, Greater London HA1 1TN	£5,889	90	3	Semi-Detached House
£585K	01/21	0.41 mi	131, Pinner View, Harrow, Greater London HA1 4RP	£6,359	92	3	Semi-Detached House
£593K	08/23	0.42 mi	52, Victor Road, Harrow, Greater London HA2 6PZ	-	-	3	Semi-Detached House
£928K	10/23	0.42 mi	111, Kingsfield Avenue, Harrow, Greater London HA2 6AR	£6,187	150	3	Detached House

Local Rents

38 rents from £1.5K/mo to £3K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,425	02/25	0.01 mi	-	3	Semi-Detached House
£2,550	04/24	0.06 mi	-	3	Semi-Detached House
£2,400	04/24	0.1 mi	Harrow View, HARROW	3	Flat
£2,100	01/25	0.11 mi	-	3	Semi-Detached House
£2,000	03/25	0.16 mi	-	3	Flat
£2,000	01/25	0.18 mi	-	3	Flat
£2,200	04/24	0.2 mi	-	3	Flat
£2,100	03/25	0.2 mi	-	3	Flat
£1,950	02/25	0.2 mi	-	3	Flat
£2,100	12/24	0.2 mi	-	3	Flat
£3,000	01/23	0.22 mi	Lowick Road, Harrow	3	Semi-Detached House
£2,500	04/24	0.23 mi	-	3	Semi-Detached House
£2,200	04/24	0.23 mi	Flat 2 Radnor Road, Harrow	3	Flat
£2,950	04/24	0.26 mi	Harrow, HA1	3	Terraced House
£2,950	04/24	0.27 mi	Earl Crescent, HA1	3	Terraced House
£2,400	04/24	0.29 mi	Balfour Road, Harrow	3	Semi-Detached House
£2,100	04/24	0.29 mi	-	3	Flat
£2,450	04/24	0.32 mi	Torver Road, Harrow	3	House
£2,100	03/25	0.34 mi	-	3	Flat
£2,100	12/24	0.35 mi	-	3	Flat
£2,100	04/24	0.35 mi	Nibthwaite Road, London, HA1	3	Flat
£1,850	04/24	0.35 mi	Pinner View, Harrow	3	Flat
£2,450	03/25	0.38 mi	-	3	Semi-Detached House
£2,450	04/24	0.42 mi	-	3	Flat
£2,300	12/24	0.43 mi	-	3	Flat
£2,450	03/25	0.44 mi	-	3	Terraced House
£1,500	03/25	0.46 mi	-	3	Flat
£2,600	04/24	0.5 mi	Station Road,	3	Flat
£2,500	04/24	0.51 mi	Station Road,	3	Flat
£1,900	04/24	0.54 mi	Headstone Road, Harrow, HA1	3	Flat
£1,850	04/24	0.57 mi	-	3	Flat
£1,800	12/24	0.58 mi	-	3	Flat
£2,000	03/25	0.58 mi	-	3	Flat
£1,650	01/25	0.58 mi	-	3	Flat
£1,650	03/25	0.58 mi	-	3	Flat
£1,950	02/24	0.59 mi	Pinner Road, Harrow	3	Flat
£2,000	04/24	0.59 mi	Whitefriars Avenue, Harrow	3	Terraced House
£2,400	04/24	0.62 mi	Wickham Road, Harrow, Middlesex HA3	3	Terraced House

Local Area Statistics

Population in HA1	38,44138,441
Population in Harrow	164,559164,559
Town centre distance	0.52 miles away0.52 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.38 miles away0.38 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+24%+24%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £500,000

August 18, 2024

Floor Plans

Description

Semi Detached Freehold House +
Double Reception Roon +
Three bedrooms +
Family Bathroom +
Garage +
In need of modernisation & Potential to extend stpp +
Chain Free +

Nestled in the heart of Harrow comes to market this three bedroom semi detached family home. Located in close proximity to highly acclaimed schools and the Harrow & Wealdstone Tube Station (Bakerloo Line), this property is ideal for families seeking both accessibility and an opportunity to personalise their living space. The home features a through lounge, separate galley style kitchen, two generous double bedrooms a single bedroom and family bathroom. To the back of the property you have a double garage accessed via a shared drive. For those looking to expand, the property offers substantial potential for an extension both to the ground floor and the loft STPP creating a bespoke to suit.

Agent Details

Inspired Real Estate, London

020 8106 8259

Next Steps?

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

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