3 Bed Semi-Detached House, Refurb/BRRR, Harrow, HA3 8ND, £635,000

Christchurch Avenue, Harrow, HA3 8ND - 4 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£280K - £760K
Sold Prices/m²£4.4K/m² - £10K/m²

 

 

Square Metres

~93 m²
Price/m²£6.8K/m²

Value Estimate

£583,529

 

 

End Value (After Refurb)

£602,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£158,750

Stamp Duty & Legal Fees

£39,500

Refurb Costs

£49,200

Bridging Loan Interest

£16,669

Total Cash In

£265,869

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£602,500

Mortgage (After Refinance)

£451,875

Mortgage LTV

75%

Cash Left In

£265,869

Equity

£150,625

Rent Range

£2,100 - £5,000

Rent Estimate

£2,712

Running Costs/mo

£2,445

Cashflow/mo

£267

Cashflow/yr

£3,201

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £280K to £760K, average is £572.5K. £4.4K/m² to £10K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£590K06/230.11 mi41, Larkfield Avenue, Harrow, Greater London HA3 8NQ3
£660K01/230.12 mi46, Oakfield Avenue, Harrow, Greater London HA3 8TJ3
£650K10/220.13 mi52, Christchurch Avenue, Harrow, Greater London HA3 8NL3
£655K02/210.16 mi92, Kingshill Avenue, Harrow, Greater London HA3 8LB3
£530K12/200.16 mi36, Rowland Avenue, Harrow, Greater London HA3 9AF3
£280K09/230.18 mi196, Kenton Lane, Harrow, Greater London HA3 8SX3
£660K06/230.19 mi14, Kingshill Drive, Harrow, Greater London HA3 8TF3
£580K11/210.23 mi32, Formby Avenue, Stanmore, Greater London HA7 2JZ3
£557.5K03/210.24 mi47, Boxmoor Road, Harrow, Greater London HA3 8LH3
£500K02/230.24 mi216, Kenton Lane, Harrow, Greater London HA3 8RW3
£660K06/230.29 mi14, Radstock Avenue, Harrow, Greater London HA3 8PE3
£625K06/210.3 mi26, Hunters Grove, Harrow, Greater London HA3 9AA3
£625K09/230.31 mi22, Uppingham Avenue, Stanmore, Greater London HA7 2JY3
£570K10/230.32 mi108, Brampton Grove, Harrow, Greater London HA3 8LF3
£650K11/230.32 mi106, Brampton Grove, Harrow, Greater London HA3 8LF3
£530K11/230.33 mi17, Irvine Avenue, Harrow, Greater London HA3 8QE3
£570K01/210.34 mi14, Alicia Avenue, Harrow, Greater London HA3 8HL3
£610K01/210.34 mi3, Kingshill Avenue, Harrow, Greater London HA3 8JR3
£525K10/230.35 mi65, Brampton Grove, Harrow, Greater London HA3 8LE3
£605K09/210.35 mi117, Christchurch Avenue, Harrow, Greater London HA3 8LZ3
£505K02/210.35 mi22, Hughenden Avenue, Harrow, Greater London HA3 8HA3
£760K12/220.35 mi15, Hughenden Avenue, Harrow, Greater London HA3 8HA3
£600K11/200.35 mi70, Kenmore Avenue, Harrow, Greater London HA3 8PL3
£730K01/230.37 mi19, Uppingham Avenue, Stanmore, Greater London HA7 2JH3
£600K06/210.38 mi82, Becmead Avenue, Harrow, Greater London HA3 8EZ3
£482.5K12/200.38 mi26, Brancker Road, Harrow, Greater London HA3 9AL3
£440K01/210.39 mi43, Brancker Road, Harrow, Greater London HA3 9AW3
£475K06/210.39 mi83, Brancker Road, Harrow, Greater London HA3 9AW3
£565K11/220.39 mi39, Brancker Road, Harrow, Greater London HA3 9AW3
£299K04/210.42 mi76, Daintry Close, Harrow, Greater London HA3 8PT3
£500K11/200.42 mi44, Morley Crescent East, Stanmore, Greater London HA7 2LH3
£580K09/230.42 mi31, Rocklands Drive, Stanmore, Greater London HA7 2JD3
£605K02/210.42 mi6, Christchurch Gardens, Harrow, Greater London HA3 8NR3
£551K10/200.44 mi9, St Marys View, Harrow, Greater London HA3 8ED3
£607K06/210.44 mi120, Uppingham Avenue, Stanmore, Greater London HA7 2JU3
£600K10/210.44 mi99, Streatfield Road, Harrow, Greater London HA3 9BW3
£575K12/210.45 mi43, Christchurch Gardens, Harrow, Greater London HA3 8NP3
£535K04/210.45 mi18, Hiliary Gardens, Stanmore, Greater London HA7 2NQ3
£520K05/210.45 mi23, Culver Grove, Stanmore, Greater London HA7 2NJ3
£505K05/210.45 mi51, Culver Grove, Stanmore, Greater London HA7 2NJ3
£525K12/200.47 mi33, Grange Avenue, Stanmore, Greater London HA7 2JA3
£565K11/200.47 mi150, Kingshill Drive, Harrow, Greater London HA3 8QS3
£585K11/220.48 mi44, Elgin Avenue, Harrow, Greater London HA3 8QL3
£560K08/230.49 mi174, Kenmore Avenue, Harrow, Greater London HA3 8PR3
£520K03/210.49 mi111, Kenmore Road, Harrow, Greater London HA3 9EY3
£741K06/210.5 mi29, Hillbury Avenue, Harrow, Greater London HA3 8EP3
£500K06/210.5 mi127, Christchurch Avenue, Harrow, Greater London HA3 8NS3
£575K09/230.5 mi145, Christchurch Avenue, Harrow, Greater London HA3 8NS3
£535K11/210.51 mi61, Borrowdale Avenue, Harrow, Greater London HA3 7PY3
£606.5K03/230.51 mi54, Derwent Crescent, Stanmore, Greater London HA7 2NF3

Local Rents

24 rents from £2.1K/mo to £5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,75004/240.02 miChristchurch Avenue, Harrow, HA33
£2,50004/240.18 miAlicia Gardens3
£2,50012/240.22 mi-3
£2,40012/240.26 mi-3
£2,50004/240.3 miAlicia Avenue, Kenton HA3 8HT3
£2,30004/240.31 miHarrow, HA33
£2,50003/240.31 miAlicia Avenue3
£2,25003/250.4 mi-3
£2,35004/240.43 miUppingham Avenue, Stanmore, HA73
£2,20003/250.44 mi-3
£2,30004/240.47 miUppingham Avenue, Stanmore, HA73
£2,30002/250.48 mi-3
£2,10003/250.48 mi-3
£2,35002/250.49 mi-3
£2,50004/240.5 mi-3
£2,50004/240.5 mi-3
£2,35004/240.5 mi-3
£2,50001/250.56 mi-3
£5,00001/240.56 miStreatfield Road, Harrow, Middlesex, HA33
£2,30004/240.57 mi-3
£2,50004/240.6 miVentnor Avenue, Stanmore, HA73
£2,40002/250.61 mi-3
£2,10004/240.61 miSancroft Road Harrow HA33
£4,75004/240.62 mi-3

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

0.98 miles away

Nearest school

0.20 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £635,000

August 31, 2024

Floor Plans

Description

  • 3 Bedroom Semi -Detached (Share Drive) Property +
  • Full Bathroom in the First Floor +
  • 2 Receptions +
  • Kitchen & Dining Area +
  • Side Garage +
  • Parking for 2 Cars +

This 3 bedroom semi-detached property, complete with its own drive, is a probate sale and presents a fantastic opportunity for those looking to put their own stamp on a home in need of complete modernisation. The ground floor features a through lounge, offering a versatile living and dining space that flows seamlessly into the kitchen. The property also includes a separate WC and a family bathroom, providing practical convenience for a busy household. With a side garage set back from the property and parking for 2 cars on the driveway, there is ample space for both storage and vehicles. This property is brimming with potential and, with the right vision, can be transformed into a wonderful family home. If you're looking for a project, this could be the perfect opportunity to create your dream space. For more info, contact INFINITY today.

Agent Details

Infinity Property Solutions, Harrow

020 3840 3560

Next Steps?

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