2 Bed Flat, Single Let, Harrow, HA2 9DL, £425,000

Alexandra Avenue, Rayners Lane, HARROW, HA2 9DL - 6 months ago

Leasehold

BTL

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£152.4K - £372K
Sold Prices/m²	£2.2K/m² - £7.4K/m²

Square Metres	~68.11 m²
Price/m²	£6.2K/m²
Value Estimate	£345,499£345,499

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£106,250£106,250
Stamp Duty & Legal Fees	£22,700£22,700
Total Cash In	£128,950£128,950

Cash Out
Rent Range	£1,350 - £2,400£1,350 - £2,400
Rent Estimate	£1,506
Running Costs/mo	£1,649£1,649
Cashflow/mo	£-143£-143
Cashflow/yr	£-1,720£-1,720
Gross Yield	4%4%

Local Sold Prices

49 sold prices from £152.4K to £372K, average is £312K. £2.2K/m² to £7.4K/m², average is £5.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£275K	06/21	0.06 mi	34, Rowe Walk, Harrow, Greater London HA2 9AB	£4,104	67	2	Flat
£325K	03/21	0.06 mi	15, Rowe Walk, Harrow, Greater London HA2 9AB	-	-	2	Flat
£350K	11/22	0.09 mi	17, Rowe Walk, Harrow, Greater London HA2 9AB	£4,930	71	2	Flat
£333K	08/23	0.14 mi	168, Alexandra Avenue, Harrow, Greater London HA2 8PY	£6,167	54	2	Flat
£280K	10/20	0.14 mi	14, Jasmine Gardens, Harrow, Greater London HA2 9DE	£5,600	50	2	Flat
£295K	11/21	0.15 mi	29, Jasmine Gardens, Harrow, Greater London HA2 9DE	£5,175	57	2	Flat
£330K	10/22	0.2 mi	28, Alexandra Close, Harrow, Greater London HA2 8QA	£6,226	53	2	Flat
£285K	01/21	0.26 mi	299b, Alexandra Avenue, Harrow, Greater London HA2 9DX	£4,672	61	2	Flat
£286K	05/21	0.29 mi	326a, Alexandra Avenue, Harrow, Greater London HA2 9DB	£4,540	63	2	Flat
£355K	11/22	0.47 mi	14, Fentiman Way, Harrow, Greater London HA2 8FD	£4,806	74	2	Flat
£328.5K	07/23	0.48 mi	2, Fentiman Way, Harrow, Greater London HA2 8FD	£6,704	49	2	Flat
£310K	03/23	0.48 mi	9, Fentiman Way, Harrow, Greater London HA2 8FD	£4,366	71	2	Flat
£305K	02/21	0.51 mi	45, Ivy Close, Harrow, Greater London HA2 8RX	£5,351	57	2	Flat
£285K	10/20	0.51 mi	30, Ivy Close, Harrow, Greater London HA2 8RX	£5,182	55	2	Flat
£325K	02/23	0.52 mi	12, Alexandra Avenue, Harrow, Greater London HA2 8PG	-	-	2	Flat
£185K	01/23	0.53 mi	349b, Eastcote Lane, Harrow, Greater London HA2 8RY	-	-	2	Flat
£240K	06/21	0.54 mi	395a, Alexandra Avenue, Harrow, Greater London HA2 9EF	£3,529	68	2	Flat
£325K	04/23	0.59 mi	26a, Kenilworth Avenue, Harrow, Greater London HA2 8SA	£6,915	47	2	Flat
£295K	06/21	0.61 mi	127a, Kingsley Road, Harrow, Greater London HA2 8LF	£4,683	63	2	Flat
£325K	03/23	0.64 mi	18, Parkfield Road, Harrow, Greater London HA2 8LB	£7,386	44	2	Flat
£325K	11/21	0.64 mi	7, Dorchester Close, Northolt, Greater London UB5 4PE	£5,804	56	2	Flat
£340K	05/23	0.64 mi	8, Dorchester Close, Northolt, Greater London UB5 4PE	-	-	2	Flat
£320K	02/21	0.65 mi	39, Dorchester Road, Northolt, Greater London UB5 4PB	£6,154	52	2	Flat
£260K	04/21	0.65 mi	73, Wincanton Crescent, Northolt, Greater London UB5 4HQ	£4,333	60	2	Flat
£340K	01/23	0.73 mi	661, Field End Road, Ruislip, Greater London HA4 0RG	£5,862	58	2	Flat
£372K	06/23	0.76 mi	117, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0PP	£6,000	62	2	Flat
£315K	11/20	0.76 mi	60, Beechcroft Avenue, Harrow, Greater London HA2 7JF	£4,846	65	2	Flat
£335K	06/23	0.79 mi	85, Petts Hill, Northolt, Greater London UB5 4NS	£6,569	51	2	Flat
£256K	12/20	0.79 mi	72, Cowen Avenue, Harrow, Greater London HA2 0LU	£3,657	70	2	Flat
£256K	12/20	0.79 mi	72, Cowen Avenue, Harrow, Greater London HA2 0LU	£3,657	70	2	Flat
£355K	04/23	0.79 mi	219, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN	-	-	2	Flat
£310K	03/21	0.79 mi	237, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN	-	-	2	Flat
£235K	02/23	0.8 mi	142, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AW	£4,196	56	2	Flat
£335K	03/21	0.84 mi	3, Newmarket Avenue, Northolt, Greater London UB5 4HB	-	-	2	Flat
£330K	04/23	0.88 mi	214, Long Drive, Ruislip, Greater London HA4 0HY	£5,156	64	2	Flat
£290K	05/21	0.89 mi	837, Victoria Road, Ruislip, Greater London HA4 0JJ	£5,073	57	2	Flat
£285K	05/21	0.89 mi	843, Victoria Road, Ruislip, Greater London HA4 0JJ	£4,254	67	2	Flat
£305K	11/20	0.89 mi	845a, Victoria Road, Ruislip, Greater London HA4 0JJ	£4,692	65	2	Flat
£305K	11/20	0.89 mi	845a, Victoria Road, Ruislip, Greater London HA4 0JJ	£4,692	65	2	Flat
£307K	06/21	0.91 mi	1a, Wetherby Close, Northolt, Greater London UB5 4ED	-	-	2	Flat
£350K	07/21	0.91 mi	3, Wetherby Close, Northolt, Greater London UB5 4ED	£5,932	59	2	Flat
£339K	03/23	0.91 mi	7a, Wetherby Close, Northolt, Greater London UB5 4ED	£5,436	62	2	Flat
£307.5K	11/20	0.92 mi	19, Wood End Lane, Northolt, Greater London UB5 4JN	£6,150	50	2	Flat
£305K	10/20	0.92 mi	33a, Diamond Road, Ruislip, Greater London HA4 0PD	£4,766	64	2	Flat
£312K	02/21	0.92 mi	51, Diamond Road, Ruislip, Greater London HA4 0PD	-	-	2	Flat
£355K	05/23	0.95 mi	5, Cheltenham Close, Northolt, Greater London UB5 4DU	-	-	2	Flat
£329K	11/21	0.96 mi	6, Thirsk Close, Northolt, Greater London UB5 4DS	-	-	2	Flat
£152.4K	10/23	0.97 mi	15a, Newbury Way, Northolt, Greater London UB5 4JD	£2,178	70	2	Flat
£355.7K	09/23	0.98 mi	27, Ashbourne Avenue, Harrow, Greater London HA2 0JS	£5,637	63	2	Flat

Local Rents

50 rents from £1.4K/mo to £2.4K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,375	04/24	0.07 mi	Alexandra Avenue, Harrow, Middlesex, HA2	2	Flat
£1,625	12/24	0.15 mi	-	2	Flat
£1,750	04/24	0.15 mi	Alexandra Avenue Harrow HA2	2	Terraced House
£1,750	03/25	0.17 mi	-	2	Flat
£1,795	04/24	0.2 mi	Alexandra Avneue, Harrow, HA2	2	Flat
£1,795	12/24	0.2 mi	-	2	Flat
£1,350	02/24	0.21 mi	-	2	Flat
£1,850	04/24	0.23 mi	Abbots Drive, Harrow, HA2	2	Terraced House
£1,850	12/24	0.25 mi	-	2	Flat
£1,800	12/24	0.25 mi	-	2	Flat
£1,800	01/25	0.25 mi	-	2	Flat
£1,850	01/25	0.25 mi	-	2	Flat
£1,750	03/25	0.25 mi	-	2	Flat
£1,600	12/24	0.26 mi	-	2	Flat
£1,650	04/24	0.28 mi	Priest Park Avenue, Harrow	2	Semi-Detached House
£1,550	04/24	0.31 mi	-	2	Flat
£2,300	04/24	0.32 mi	-	2	Flat
£2,200	12/24	0.32 mi	-	2	Flat
£1,825	12/24	0.33 mi	-	2	Flat
£1,800	12/24	0.34 mi	-	2	Flat
£1,800	04/25	0.34 mi	-	2	Flat
£2,000	12/24	0.35 mi	-	2	Flat
£2,000	12/24	0.35 mi	-	2	Bungalow
£2,350	12/24	0.35 mi	-	2	Flat
£2,300	12/24	0.35 mi	-	2	Flat
£2,200	12/24	0.35 mi	-	2	Flat
£1,850	04/24	0.36 mi	Lucas Court, Alexandra Avenue, Harrow, HA2	2	Flat
£1,550	04/24	0.37 mi	Corbins Lane, South Harrow, HA2 8EN	2	Flat
£1,700	04/24	0.38 mi	-	2	Flat
£1,800	04/24	0.38 mi	-	2	Flat
£1,900	04/24	0.38 mi	Harrow, London, HA2	2	Flat
£1,750	04/24	0.38 mi	Stuart Avenue, Harrow HA2 9BB	2	Flat
£1,850	12/24	0.4 mi	-	2	Terraced House
£1,600	12/24	0.42 mi	-	2	Flat
£1,800	12/24	0.43 mi	-	2	Flat
£1,800	04/24	0.43 mi	Tithe Court, Harrow, HA2	2	Flat
£2,100	12/24	0.44 mi	-	2	Flat
£2,000	04/25	0.44 mi	-	2	Flat
£2,200	12/24	0.45 mi	-	2	Flat
£1,995	01/25	0.45 mi	-	2	Flat
£2,000	03/25	0.45 mi	-	2	Flat
£1,875	12/24	0.46 mi	-	2	Flat
£1,795	12/24	0.46 mi	-	2	Flat
£2,400	03/25	0.46 mi	-	2	Semi-Detached House
£1,700	04/24	0.48 mi	-	2	Flat
£1,700	02/25	0.49 mi	-	2	Flat
£1,650	04/24	0.49 mi	Leamington Crescent, Harrow, Greater London, HA2	2	Flat
£1,650	03/25	0.51 mi	-	2	Flat
£1,700	02/25	0.52 mi	-	2	Flat
£1,675	02/25	0.52 mi	-	2	Flat

Local Area Statistics

Population in HA2	55,27355,273
Population in Harrow	164,559164,559
Town centre distance	2.07 miles away2.07 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.61 miles away0.61 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+25%+25%

Property History

Listed for £425,000

September 25, 2024

Floor Plans

Description

Stunning two double bedroom apartment +
Beautiful reception with floor-to-ceiling windows +
Open-plan kitchen with integrated appliances and a breakfast bar +
Bright private balcony with room for outdoor seating +
Built in wardrobes in both bedrooms +
Attractive main ensuite shower room and bathroom +
Secured intercom access with one allocated underground parking space +
Located near multiple parks, amenities, and transport links +

This brilliant 2 bedroom apartment is set on lively Alexandra Avenue, just minutes from the lush Alexandra Park. It showcases a gorgeous open-plan reception and a charming private balcony, perfect for entertaining.

Alexandra Avenue is situated near a variety of green spaces, including Newton Farm Ecology Park, Alexandra Park, and Newton Park. Fantastic amenities are easily accessible, while ample bus routes and Rayners Lane Station are also nearby.

Please use the reference CHPK5133091 when contacting Foxtons.

Agent Details

Foxtons, Harrow

020 3907 2714

Next Steps?

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

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