4 Bed Detached House, Planning Permission, Northwood, HA6 3LD, £1,399,950

Eastglade, Northwood, HA6 3LD - 10 views - 8 months ago

Under Offer
Planning
~129 m²
+5 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£349,988

Stamp Duty & Legal Fees

£124,444

Refurb Costs

£68,400

Bridging Loan Interest

£36,749

Total Cash In

£581,330

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,225,000

Mortgage (After Refinance)

£918,750

Mortgage LTV

75%

Cash Left In

£581,330

Equity

£306,250

Rent Range

£1,700 - £7,000

Rent Estimate

£3,421

Running Costs/mo

£4,532

Cashflow/mo

£-1,111

Cashflow/yr

£-13,336

Gross Yield

3%













Local Rents

18 rents from £1.7K/mo to £7K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£2,25004/240.15 miEastbury Avenue3
£7,00003/240.19 miFrithwood Avenue, Northwood, Middlesex, HA6 3LY7
£3,50004/240.2 miSt. Marys Avenue, Northwood, HA64
£2,35002/250.22 mi-3
£3,50003/240.31 miBourne End Road, Northwood, HA65
£3,50003/240.33 miBourne End Road, Northwood, HA65
£3,50005/240.33 miBourne End Road, Northwood, HA65
£3,85004/240.36 miMountview, Northwood, Middlesex, HA65
£1,70004/240.42 miTrinity Close3
£3,75004/240.42 mi-5
£3,50005/240.47 miOaklands Gate, Northwood, Middlesex, HA6 3AA4
£3,50001/240.49 miBrookdene Drive, Northwood, Middlesex, HA6 3NS4
£3,50004/240.49 miBrookdene Drive4
£1,70004/240.5 miGreen Lane3
£2,25003/250.52 mi-3
£2,20005/240.56 miDene Road3
£2,20005/240.56 miTormead, 27 Dene Road, Northwood, Middlesex, HA63
£6,50004/240.6 miGatehill Road5

Local Area Statistics

Population in HA6

21,901

Town centre distance

0.48 miles away

Nearest school

0.30 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Buyer's market

Property History

Listed for £1,399,950

August 27, 2024

Sold for £900,000

2011

Floor Plans

Description

  • DETACHED +
  • FOUR BEDROOMS +
  • TWO BATHROOMS +
  • THREE RECEPTION ROOMS +
  • QUIET CUL-DE-SAC +
  • SOUTH-FACING +
  • PRIVATE REAR GARDEN +
  • NO ONWARD CHAIN +
  • POTENTIAL TO EXTEND STPP +
  • UNDERFLOOR HEATING ON BOTH FLOORS +

This attractive detached Neo-Georgian style double-fronted family home is situated in a quiet cul de sac moments from the centre of Northwood. 

The property presents four bedrooms, two bathrooms, three reception rooms, kitchen, utility room and a guest w/c. The property is presented to a modern finish throughout with underfloor heating on both floors and is offered to the market with the benefit of no onward chain. 

The property sits on a wide south-facing plot which provides further potential for extension subject to the usual planning permissions and consents.

Northwood provides a range of shopping facilities including Waitrose supermarket, a variety of restaurants and other amenities with the Metropolitan Line station providing access to Baker Street and the City. There is a plethora of state and private schooling together with a wide choice of recreational facilities, which include golf courses and fitness centres. The M1, M40 and M25 motorways are also accessible.

NB this property is situated within the proximity of the ULEZ, if your vehicle does not comply charges may apply.

Tenure: Freehold
Local Authority: Three Rivers District Council
Council Tax Band: G
Energy Efficiency Rating: C

Agent Details

Robsons, Northwood - Sales

01923 961948

Next Steps?

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