2 Bed Terraced House, Single Let, London, NW4 3TU, £475,000

Riverside, NW9, NW4 3TU - 7 months ago

BTL
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£315K - £2.9M
Sold Prices/m²£5K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7K/m²

Value Estimate

£486,324
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£1,565 - £4,500

Rent Estimate

£1,600

Running Costs/mo

£1,824

Cashflow/mo

£-224

Cashflow/yr

£-2,692

Gross Yield

4%

Local Sold Prices

30 sold prices from £315K to £2.9M, average is £462.8K. £5K/m² to £8.6K/m², average is £7.1K/m².

PriceDateDistanceAddressBeds 
£370K02/210.01 mi29, Riverside, London, Greater London NW4 3TU2
£495K03/210.17 mi22, Daniel Place, London, Greater London NW4 3PG2
£465.5K04/230.65 mi13, Clitterhouse Crescent, London, Greater London NW2 1DE2
£575K08/220.84 mi77, The Burroughs, London, Greater London NW4 4AX2
£2.9M08/220.85 mi14, Brampton Grove, London, Greater London NW4 4AG2
£480K12/200.86 mi7, Applewood Close, London, Greater London NW2 6YJ2
£440K06/210.87 mi79, Fryent Grove, London, Greater London NW9 7HE2
£445K06/230.87 mi11, Woodbridge Close, London, Greater London NW2 6YN2
£460K12/200.87 mi44, Kinloch Drive, London, Greater London NW9 7LH2
£433.4K05/230.89 mi18, Pendragon Walk, London, Greater London NW9 7RS2
£410K04/230.89 mi17, Pendragon Walk, London, Greater London NW9 7RR2
£315K05/210.89 mi31, Pendragon Walk, London, Greater London NW9 7RR2
£531K08/210.9 mi23, Rookery Close, London, Greater London NW9 6QJ2
£410K04/210.9 mi93, Fryent Grove, London, Greater London NW9 7HE2
£475K09/230.9 mi26, Brent Terrace, London, Greater London NW2 1BX2
£510K03/210.9 mi30, Rannock Avenue, London, Greater London NW9 7LD2
£525K02/230.91 mi6, Winston Avenue, London, Greater London NW9 7LB2
£400K12/200.93 mi27, Snowdon Drive, London, Greater London NW9 7RF2
£385K02/210.95 mi12, Talgarth Walk, London, Greater London NW9 7HW2
£550K09/220.95 mi16, Heton Gardens, London, Greater London NW4 4XS2
£415K11/200.95 mi38, Fryent Crescent, London, Greater London NW9 7HH2
£395K10/200.96 mi24, Talgarth Walk, London, Greater London NW9 7HW2
£429.9K12/220.96 mi11, Talgarth Walk, London, Greater London NW9 7HW2
£500K11/200.97 mi3, Heton Gardens, London, Greater London NW4 4XS2
£517.5K11/200.97 mi4, Heton Gardens, London, Greater London NW4 4XS2
£580K10/220.98 mi10, Glenwood Avenue, London, Greater London NW9 7PJ2
£450K05/210.98 mi21, Parkfields Avenue, London, Greater London NW9 7PG2
£520K06/210.99 mi2, Glenwood Avenue, London, Greater London NW9 7PJ2
£426.6K08/231 mi22, Ravenshurst Avenue, London, Greater London NW4 4EE2
£510K05/231 mi106, Kinloch Drive, Kingsbury, London, Greater London NW9 7JX2

Local Rents

47 rents from £1.6K/mo to £4.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,10001/250.13 mi-2
£1,59503/240.16 miPark Road, London, NW42
£1,60009/240.17 mi-2
£1,80002/250.19 mi-2
£4,50006/240.2 mi-2
£4,50001/250.2 mi-2
£4,20003/250.2 mi-2
£4,50006/240.2 miMount Road, London, NW42
£4,50008/240.2 miMount Road, London, NW42
£4,50009/240.2 miMount Road, London, NW42
£2,25008/240.22 miWest Hendon Broadway, West Hendon, NW92
£2,15008/240.22 miWest Hendon Broadway, NW92
£2,15008/240.22 miWest Hendon Broadway, Hendon, London, NW92
£2,00009/240.22 miWest Hendon Broadway, Hendon, London, NW92
£1,87503/250.25 mi-2
£1,65008/240.25 miAudley Road, London2
£1,60008/240.25 miPark Road, Hendon, NW42
£1,56508/240.25 miPark Road, Hendon, NW42
£2,00010/240.27 mi-2
£1,92508/240.28 mi-2
£1,60006/240.29 miWest Hendon Broadway, London, NW92
£1,60006/240.29 mi-2
£3,46706/240.3 miHendon Waterside, Hendon, London, NW92
£2,40007/240.3 miMoorhen Drive, Hendon, London, NW92
£2,30007/240.3 miMoorhen Drive, Hendon, London, NW92
£2,40008/240.3 miMoorhen Drive, Hendon, London, NW92
£2,30001/250.3 mi-2
£2,30001/250.3 mi-2
£2,30001/250.3 mi-2
£2,00001/250.3 mi-2
£2,20008/240.3 miHendon Waterside, Hendon, London, NW92
£1,90008/240.31 miAlgernon Road, Hendon, NW42
£1,80009/240.31 mi-2
£1,75010/240.31 mi-2
£1,80010/240.31 mi-2
£2,20002/250.32 mi-2
£2,16709/240.32 mi-2
£1,80012/240.33 mi-2
£1,69907/240.33 mi-2
£1,69907/240.33 mi-2
£2,15011/240.34 mi-2
£2,07506/240.34 miShearwater Drive, West Hendon, London2
£2,65012/240.34 mi-2
£1,90704/250.35 mi-2
£1,72504/250.35 mi-2
£2,00004/250.35 mi-2
£1,90008/240.35 miAudley Road, London2

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

6.36 miles away

Nearest school

0.10 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Listed for £475,000

October 1, 2024

Description

  • Terrace House +
  • Two Bedrooms +
  • Investment Only - Sitting Tenants +
  • Conveniently Located +
  • Larger Than Average Rear Garden +
  • Chain Free +

The property is presented to the market on a chain free basis and is conveniently located.

Investment only - sitting tenants.

The property comprises of a reception room, kitchen with direct access to the garden and WC to the ground floor. Upstairs you will find two double bedrooms and a bathroom.

There is potential to extend (STPP).

Call to arrange your viewing.

Agent Details

haart, Colindale

020 3909 7058

Next Steps?

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