3 Bed Flat, Refurb/BRRR, Harrow, HA3 7TF, £700,000





ValuationOvervalued
Sold Prices | £160K - £858.3K |
Sold Prices/m² | £1.6K/m² - £9K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £7.5K/m² |
Value Estimate | £452,461 |
| |
End Value (After Refurb) | £542,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £175,000 |
Stamp Duty & Legal Fees | £44,700 |
Refurb Costs | £49,200 |
Bridging Loan Interest | £18,375 |
Total Cash In | £289,025 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £542,500 |
Mortgage (After Refinance) | £406,875 |
Mortgage LTV | 75% |
Cash Left In | £289,025 |
Equity | £135,625 |
Rent Range | £1,650 - £3,000 |
Rent Estimate | £2,324 |
Running Costs/mo | £2,180 |
Cashflow/mo | £144 |
Cashflow/yr | £1,727 |
ROI | 1% |
Gross Yield | 4% |
Local Sold Prices
25 sold prices from £160K to £858.3K, average is £415K. £1.6K/m² to £9K/m², average is £5.7K/m².
Local Rents
30 rents from £1.6K/mo to £3K/mo, average is £2.3K/mo.
Local Area Statistics
Population in HA3 | 70,809 |
Population in Harrow | 164,559 |
Town centre distance | 0.89 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.51 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +11% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +12% |
Property History
Listed for £700,000
September 26, 2024
Description
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