8 Bed HMO, London, NW9 8AJ, £800,000
ValuationUndervalued
| Sold Prices | £460K - £1.3M |
| Sold Prices/m² | £3.4K/m² - £11.9K/m² |
| |
Square Metres | ~248 m² |
| Price/m² | £3.2K/m² |
Value Estimate | £1,000,000£1,000,000 |
| BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £200,000£200,000 |
Stamp Duty & Legal Fees | £52,700£52,700 |
Total Cash In | £252,700£252,700 |
| |
Cash Out | |
Room Rate | £819£819 |
Gross Rent | £6,552£6,552 |
Running Costs/mo | £4,891£4,891 |
Cashflow/mo | £1,661£1,661 |
Cashflow/yr | £19,927£19,927 |
ROI | 8%8% |
Gross Yield | 10%10% |
Local Sold Prices
50 sold prices from £460K to £1.3M, average is £677.5K. £3.4K/m² to £11.9K/m², average is £5.7K/m².
| Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
| £750K | 12/22 | 0.06 mi | 26, Boycroft Avenue, London, Greater London NW9 8AP | £6,048 | 124 | 4 | Terraced House | |
| £775K | 01/21 | 0.08 mi | 57, Slough Lane, London, Greater London NW9 8YB | £4,905 | 158 | 4 | Semi-Detached House | |
| £725K | 02/23 | 0.13 mi | 50, Lewgars Avenue, London, Greater London NW9 8AS | - | - | 4 | Terraced House | |
| £840K | 12/23 | 0.16 mi | 4, Woodland Close, London, Greater London NW9 8XP | £6,131 | 137 | 4 | Semi-Detached House | |
| £857K | 09/22 | 0.17 mi | 20, Woodland Close, London, Greater London NW9 8XP | - | - | 4 | Terraced House | |
| £1.1M | 04/23 | 0.19 mi | 238, Salmon Street, London, Greater London NW9 8XY | £11,809 | 94 | 4 | Semi-Detached House | |
| £717.5K | 12/22 | 0.24 mi | 26, Elthorne Road, London, Greater London NW9 8BJ | - | - | 4 | Terraced House | |
| £875K | 01/23 | 0.39 mi | 77, Coniston Gardens, London, Greater London NW9 0BA | £5,538 | 158 | 4 | Semi-Detached House | |
| £570K | 03/21 | 0.4 mi | 36, Highfield Avenue, London, Greater London NW9 0PY | £4,488 | 127 | 4 | Semi-Detached House | |
| £680K | 03/21 | 0.4 mi | 28, Old Kenton Lane, London, Greater London NW9 9NE | - | - | 4 | Semi-Detached House | |
| £620K | 01/23 | 0.44 mi | 6, Fairfields Close, London, Greater London NW9 0PH | - | - | 4 | Terraced House | |
| £915K | 02/21 | 0.45 mi | 158, Salmon Street, London, Greater London NW9 8NX | £5,320 | 172 | 4 | Semi-Detached House | |
| £850K | 11/22 | 0.48 mi | 111, Valley Drive, London, Greater London NW9 9NT | - | - | 4 | Semi-Detached House | |
| £650K | 12/20 | 0.49 mi | 108, Wakemans Hill Avenue, London, Greater London NW9 0UU | £5,417 | 120 | 4 | Terraced House | |
| £700K | 02/23 | 0.52 mi | 23, Waltham Avenue, London, Greater London NW9 9SH | - | - | 4 | Semi-Detached House | |
| £470K | 11/20 | 0.52 mi | 19, Hillside, London, Greater London NW9 0NE | £3,431 | 137 | 4 | Semi-Detached House | |
| £885K | 02/21 | 0.52 mi | 144, Salmon Street, London, Greater London NW9 8NU | - | - | 4 | Detached House | |
| £625K | 08/23 | 0.53 mi | 77, Roe Green, London, Greater London NW9 0PN | - | - | 4 | Detached House | |
| £610K | 05/21 | 0.53 mi | 30, Buck Lane, London, Greater London NW9 0AR | £5,495 | 111 | 4 | Semi-Detached House | |
| £685K | 11/22 | 0.54 mi | 17, Townsend Lane, London, Greater London NW9 7JG | - | - | 4 | Semi-Detached House | |
| £610K | 11/23 | 0.56 mi | 83, Wakemans Hill Avenue, London, Greater London NW9 0TD | £4,150 | 147 | 4 | Terraced House | |
| £612K | 02/21 | 0.56 mi | 1, Townsend Lane, London, Greater London NW9 7JG | £5,720 | 107 | 4 | Semi-Detached House | |
| £605K | 04/21 | 0.57 mi | 79, Crummock Gardens, London, Greater London NW9 0DH | £4,919 | 123 | 4 | Semi-Detached House | |
| £700K | 06/23 | 0.57 mi | 73, Fryent Way, London, Greater London NW9 9NU | - | - | 4 | Semi-Detached House | |
| £1.3M | 09/22 | 0.58 mi | 130, Salmon Street, London, Greater London NW9 8NT | £11,905 | 105 | 4 | Detached House | |
| £710K | 06/21 | 0.59 mi | 2, Crundale Avenue, London, Greater London NW9 9PL | £6,612 | 107 | 4 | Semi-Detached House | |
| £732.5K | 02/21 | 0.59 mi | 12, Crundale Avenue, London, Greater London NW9 9PL | - | - | 4 | Semi-Detached House | |
| £625K | 08/21 | 0.6 mi | 42, Holden Avenue, London, Greater London NW9 8HR | £6,944 | 90 | 4 | Terraced House | |
| £700K | 05/21 | 0.6 mi | 17, Pear Close, London, Greater London NW9 0LJ | £5,385 | 130 | 4 | Semi-Detached House | |
| £710K | 12/23 | 0.6 mi | 107, Crundale Avenue, London, Greater London NW9 9PS | - | - | 4 | Semi-Detached House | |
| £725K | 10/20 | 0.6 mi | 11, Rossdale Drive, London, Greater London NW9 8NP | £5,709 | 127 | 4 | Semi-Detached House | |
| £790K | 06/23 | 0.61 mi | 64, Hay Lane, London, Greater London NW9 0NB | £9,634 | 82 | 4 | Detached House | |
| £615K | 09/21 | 0.63 mi | 71, Hay Lane, London, Greater London NW9 0NA | - | - | 4 | Semi-Detached House | |
| £510K | 11/22 | 0.64 mi | 10, Larkway Close, London, Greater London NW9 0UE | £6,711 | 76 | 4 | Terraced House | |
| £595K | 01/21 | 0.65 mi | 28, Crummock Gardens, London, Greater London NW9 0DG | £6,263 | 95 | 4 | Semi-Detached House | |
| £610K | 12/20 | 0.66 mi | 4, Ennerdale Drive, London, Greater London NW9 0DT | - | - | 4 | Semi-Detached House | |
| £675K | 10/23 | 0.66 mi | 26, Crummock Gardens, London, Greater London NW9 0DG | £6,081 | 111 | 4 | Terraced House | |
| £600K | 12/20 | 0.66 mi | 24, Dunster Drive, London, Greater London NW9 8EJ | - | - | 4 | Terraced House | |
| £600K | 10/23 | 0.67 mi | 55, Grove Crescent, London, Greater London NW9 0LS | £5,172 | 116 | 4 | Terraced House | |
| £630K | 03/21 | 0.68 mi | 37, Wakemans Hill Avenue, London, Greater London NW9 0TA | £4,809 | 131 | 4 | Semi-Detached House | |
| £615K | 01/23 | 0.68 mi | 6, Hyde Crescent, London, Greater London NW9 7HA | - | - | 4 | Semi-Detached House | |
| £610K | 05/23 | 0.69 mi | 1, Glenwood Avenue, London, Greater London NW9 7PL | - | - | 4 | Detached House | |
| £720K | 06/23 | 0.7 mi | 32, Fryent Way, London, Greater London NW9 9SB | - | - | 4 | Semi-Detached House | |
| £460K | 12/23 | 0.71 mi | 14, Kinloch Drive, Kingsbury, London, Greater London NW9 7LG | £6,866 | 67 | 4 | Semi-Detached House | |
| £730K | 07/21 | 0.72 mi | 19, Brampton Road, London, Greater London NW9 9BX | £4,710 | 155 | 4 | Semi-Detached House | |
| £640K | 07/21 | 0.72 mi | 38, Deanscroft Avenue, London, Greater London NW9 8EN | £5,203 | 123 | 4 | Terraced House | |
| £661K | 11/20 | 0.72 mi | 17, Roe Lane, London, Greater London NW9 9BH | £6,058 | 109 | 4 | Terraced House | |
| £900K | 08/23 | 0.73 mi | 40, Kingsmere Park, London, Greater London NW9 8PL | - | - | 4 | Semi-Detached House | |
| £625K | 06/21 | 0.73 mi | 54, Kingsmere Park, London, Greater London NW9 8PL | - | - | 4 | Semi-Detached House | |
| £630K | 11/20 | 0.74 mi | 53, Deanscroft Avenue, London, Greater London NW9 8EP | £6,598 | 95 | 4 | Semi-Detached House |
Local Area Statistics
Population in NW9 | 59,32059,320 |
Population in London | 4,771,9214,771,921 |
Town centre distance | 7.73 miles away7.73 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.68 miles away0.68 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +26%+26% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +11%+11% |
Property History
Listed for £800,000
September 19, 2024
Floor Plans
Description
- Semi-Detached +
- Cul-De-Sac Location +
- Eight Bedrooms (Two Ground Floor) +
- Freehold +
- Currently holds a HMO Licence +
- Ground Floor W.C. +
- Lounge +
- Kitchen/Diner +
- Bathroom & Shower Room (First Floor) +
- Off Street Parking +
Sited within a cul-de-sac, this property presents versatile living space which is presently arranged to offer eight bedrooms (two ground floor) and comes with a current HMO Licence.
Having been altered from its original design, this semi-detached residence is arranged to offer substantial living space which could be enticing to the growing or larger family. Furthermore, the property currently has an HMO Licence valid until 6th January 2030.
The property is positioned within a cul-de-sac sited in a popular and family orientated area due to the locality of Fryent Primary School, bus routes and local amenities on Church Lane, all of which are within quarter of a mile.
Benefiting from off road parking facilities to the front garden, the ground floor of this home is arranged to provide two ground floor bedrooms, one of which has bi-folding doors leading through to a dressing/storage area, a w.c., a good-sized kitchen/diner measuring 17'9" x 14'7" featuring a peninsula unit and supplying plenty of cupboard storage with double doors opening out to the rear garden and an additional set of double doors leading through to the lounge. There are double glazed sliding patio doors in the lounge offering further access to the sizeable garden (88'0" x 25'0") which delivers an appealing outdoor space for children to play in and entertaining family and friends with patio and lawn areas.
The first floor accommodates six bedrooms, a family bathroom and a separate shower room.
There is a wide variety of local amenities surrounding Stewart Close (all quarter of a mile to a mile radius) such as various eateries, medical/dental practices and places of worship together with Silver Jubilee Park, West Hendon Playing Fields with leisure and sporting facilities as well as a children's playground and the open fields at Fryent Country Park with rambling pathways, scenic views and a horse stable. Wembley Park is within two miles of the property where the London Designer Outlet can be found housing a vast range of High Street shops, restaurants, children’s playground and its own cinema complex together with a number of local shopping amenities in addition to Brent Civic Centre, Boxpark, Wembley Stadium and SSE Arena. Wembley Park Tube Station runs on the Metropolitan and Jubilee Lines and there is the option of Kingsbury’s Jubilee Line which is within a mile at Kingsbury Town's Centre and could make this property appealing to those needing to commute to Central London or perhaps taking in the many wonderful attractions our Capital City has to offer.