2 Bed Flat, Motivated Seller, Harrow, HA3 7AF, £310,000

72 High Street, Harrow, Greater London, HA3 7AF - 7 months ago

Sold STC
Leasehold
Motivated
BTL
ROI: 3%
~73 m²
+10 photos

ValuationUndervalued

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

 

 

Square Metres

~73.10 m²
Price/m²£4.2K/m²

Value Estimate

£375,100
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£22,200

Total Cash In

£99,700

 

 

Cash Out

 

Rent Range

£1,495 - £2,200

Rent Estimate

£1,556

Running Costs/mo

£1,300

Cashflow/mo

£256

Cashflow/yr

£3,073

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 £310,000

January 19, 2025

Price changed to £320,000

September 26, 2024

Listed for £330,000

August 27, 2024

Floor Plans

Description

  • Council Tax band D, Leasehold +
  • 125 years from 1 Jan 2014 +
  • Ground Rent - £350 P/A & Service Charge - £218 P/M +
  • Modern Fitted Kitchen +
  • Two well proportioned Bedrooms - Master Bedroom with ensuite +
  • Electric Heaters +
  • Perfect Investment Opportunity +
  • Off Street Parking +
  • Excellent transport links & Close to Harrow Overground +
  • Viewing Advised +

Situated in an ideal location, this ground floor apartment is in good condition throughout and would be an ideal opportunity for buyers/ investors who are in a position to buy fairly quickly. Viewing Advised.

This ground floor apartment is located in the large own of Harrow with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more.

The area also offers excellent road connections with the A409 just a short drive away and transport links for travel both locally and further afield as Harrow & Wealdstone is just a short walk away.

The accommodation briefly comprises a welcoming entrance way into the long hallway, a spacious open plan living room and a modern fitted kitchen.

There are two well-proportioned bedrooms of which the master bedroom is coupled with its own ensuite and a three-piece separate bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from a small patio area and off-road parking is available.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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