2 Bed Flat, Single Let, Harrow, HA3 7SB, £300,000

Grant Road, Wealdstone, HA3 7SB - 6 months ago

Leasehold
BTL
ROI: 3%
~51 m²
+5 photos

ValuationOvervalued

Sold Prices£110K - £650K
Sold Prices/m²£3.1K/m² - £14.4K/m²

 

 

Square Metres

~50.91 m²
Price/m²£5.9K/m²

Value Estimate

£291,836

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,495 - £2,200

Rent Estimate

£1,495

Running Costs/mo

£1,257

Cashflow/mo

£239

Cashflow/yr

£2,862

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £650K, average is £329.5K. £3.1K/m² to £14.4K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£407.5K12/200.02 mi9, Grant Road, Harrow, Greater London HA3 7SB2
£246.5K04/210.06 mi22, Aberdeen Road, Harrow, Greater London HA3 7NF2
£110K01/210.1 miFlat 4, Pinsent House, Greenleaf Way, Harrow, Greater London HA3 7SL2
£250K09/210.15 mi19, Archery Close, Harrow, Greater London HA3 7RT2
£292K05/230.15 mi18, Archery Close, Harrow, Greater London HA3 7RT2
£311K01/230.29 mi44, Masons Avenue, Harrow, Greater London HA3 5AR2
£295K06/210.3 mi36a, Herga Road, Harrow, Greater London HA3 5AS2
£322K08/230.3 mi24a, Herga Road, Harrow, Greater London HA3 5AS2
£262K03/230.36 mi207, Christchurch Avenue, Harrow, Greater London HA3 5BA2
£315K11/220.47 mi204, High Road, Harrow, Greater London HA3 7BA2
£300K10/220.49 mi237a, High Road, Harrow, Greater London HA3 5EE2
£341.5K08/230.5 mi33a, Frognal Avenue, Harrow, Greater London HA1 2SG2
£315K06/210.54 mi10, Rusland Heights, Harrow, Greater London HA1 1UU2
£380K09/220.55 mi16, Broadlawns Court, Harrow, Greater London HA3 7HN2
£291.5K04/210.55 mi8, Nicola Close, Harrow, Greater London HA3 5HP2
£280K07/210.55 mi14, Nicola Close, Harrow, Greater London HA3 5HP2
£336K09/230.56 mi111, Rosslyn Crescent, Harrow, Greater London HA1 2RY2
£350K02/230.56 mi15, Broadlawns Court, Harrow, Greater London HA3 7HN2
£380K10/230.57 mi18, Enderley Road, Harrow, Greater London HA3 5HF2
£340K02/210.58 mi9a, Barchester Road, Harrow, Greater London HA3 5HH2
£650K01/210.6 mi100, Christchurch Avenue, Harrow, Greater London HA3 8NN2
£325K11/220.63 mi7a, Bengarth Drive, Harrow, Greater London HA3 5HX2
£195K03/210.65 mi4a, Weald Lane, Harrow, Greater London HA3 5ES2
£335K03/230.65 mi79, Elmgrove Road, Harrow, Greater London HA1 2QW2
£400K06/210.66 mi23, Hamilton Road, Harrow, Greater London HA1 1SX2
£370K06/210.67 mi41, Ranmoor Close, Harrow, Greater London HA1 1UH2
£390K09/230.67 miFlat A, 186, Harrow View, Harrow, Greater London HA1 4TN2
£368K12/200.68 mi10a, Radnor Avenue, Harrow, Greater London HA1 1SB2
£330K02/210.68 mi25b, Radnor Avenue, Harrow, Greater London HA1 1SB2
£326K06/230.7 mi91, Sefton Avenue, Harrow, Greater London HA3 5JP2
£475K03/210.7 mi70, Nibthwaite Road, Harrow, Greater London HA1 1TG2
£315K01/210.7 mi2, Glenwood Close, Harrow, Greater London HA1 2QL2
£302K03/230.7 mi32, Glenwood Close, Harrow, Greater London HA1 2QL2
£300K10/210.71 mi29, Glenwood Close, Harrow, Greater London HA1 2QN2
£255K02/210.72 mi49, Elmgrove Crescent, Harrow, Greater London HA1 2QT2
£352.5K02/210.73 miFlat 11, Leaf House, Catherine Place, Harrow, Greater London HA1 2JW2
£420K02/210.74 mi78, Radnor Road, Harrow, Greater London HA1 1SA2
£310K11/200.75 mi2, Tallack Close, Harrow, Greater London HA3 7DN2
£325K10/210.75 mi84, Harrow View, Harrow, Greater London HA1 4TE2
£350K09/220.76 mi21a, Derby Avenue, Harrow, Greater London HA3 5JU2
£407K12/220.77 mi73a, Harrow View, Harrow, Greater London HA1 1RF2
£350K02/230.77 miFlat 10, Brandan House, Sovereign Place, Harrow, Greater London HA1 2FN2
£345K12/220.77 mi21, Duffield Close, Harrow, Greater London HA1 2LG2
£355K06/230.77 mi20, Duffield Close, Harrow, Greater London HA1 2LG2
£394K11/210.78 mi40a, Hide Road, Harrow, Greater London HA1 4SF2
£329K06/210.78 mi62d, Warrington Road, Harrow, Greater London HA1 1SY2
£333K04/230.79 mi267, Kenton Lane, Harrow, Greater London HA3 8RR2
£317.5K02/210.79 mi64a, Longley Road, Harrow, Greater London HA1 4TH2
£280K03/210.79 miLower Maisonette, 10, Harrow View, Harrow, Greater London HA1 1RG2
£445.9K02/230.8 mi47a, Longley Road, Harrow, Greater London HA1 4TG2

Local Rents

51 rents from £1.5K/mo to £2.2K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,95012/240.07 mi-2
£1,72512/240.07 mi-2
£1,70004/240.11 mi-2
£1,70003/250.11 mi-2
£1,55004/250.13 mi-2
£1,55004/250.13 mi-2
£1,75004/240.13 miSunset House, Grant Road, Harrow Wealdstone, Middlesex, HA32
£1,72504/240.18 miMontrose Road, Ha32
£2,00002/250.19 mi-2
£1,65004/240.19 miBirchfield, Palmerston Road, HA32
£1,60004/240.2 miArchery Close, Harrow, HA32
£1,75004/240.2 miMontrose Road, Harrow, Middlesex HA32
£1,72504/240.2 miMontrose Road, Harrow, Middlesex HA32
£1,70004/240.21 miSpencer Road, Harrow, HA32
£1,50004/240.21 miAdmiral House, Cardinal Way, Wealdstone, HA32
£1,55004/240.21 miAdmiral House, Cardinal Way, Wealdstone, HA32
£1,60004/240.22 mi-2
£1,65001/250.22 mi-2
£1,55001/250.22 mi-2
£1,60004/240.23 miArchery Close, Harrow, Middlesex, HA32
£1,69503/250.23 mi-2
£1,60005/230.24 miSpencer Road, Harrow2
£1,65004/240.24 miSpencer Road, Harrow2
£1,70004/240.26 miSpencer Road, Harrow2
£1,65012/240.28 mi-2
£1,80004/240.28 miHigh Street, Harrow2
£2,20003/250.29 mi-2
£1,67503/250.3 mi-2
£2,10003/250.3 mi-2
£1,49502/250.3 mi-2
£1,49503/250.31 mi-2
£1,75012/240.31 mi-2
£1,65003/250.31 mi-2
£2,20003/250.31 mi-2
£2,20004/250.31 mi-2
£2,20004/250.31 mi-2
£1,70001/250.32 mi-2
£1,65003/250.33 mi-2
£1,60004/250.34 mi-2
£1,90004/240.34 mi-2
£1,85004/240.35 miLowry Court, 23 Artisan Place, Harrow , HA3 2
£1,65012/240.36 mi-2
£1,90012/240.38 mi-2
£1,90004/240.38 miApplebee Court, Wealdstone, Harrow, HA32
£1,80003/250.38 mi-2
£1,85004/240.39 miArtisan Place, Wealdstone2
£1,60003/250.48 mi-2
£1,90004/250.48 mi-2
£1,80002/250.48 mi-2
£1,55003/250.51 mi-2
£1,90002/250.51 mi-2

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

0.67 miles away

Nearest school

0.30 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £300,000

November 5, 2024

Listed for £315,000

October 16, 2024

Floor Plans

Description

  • First Floor Flat +
  • Open Planned Kitchen/Reception Room +
  • Two Double Bedrooms +
  • One Family Bathroom +
  • Excellent Location Close to Amenities +
  • No Onward Chain +
  • Character Features +
  • Modern Interiors Throughout +
  • Quiet Residential Road +
  • Approx Area: 548 sqft +

Welcome to this spacious two-bedroom first-floor flat, offering fantastic potential and an excellent location for convenience. With the added benefit of no onward chain, this property is ideal for first-time buyers, families, and investors alike. Situated close to local amenities, highly regarded schools, and excellent public transport links, this flat provides a perfect blend of comfort and accessibility.

Description - As you step into this charming converted terrace flat, you're greeted by a staircase leading to a spacious first-floor layout. The highlight of the property is the large, open-plan living, dining, and kitchen area, featuring a characterful bay window that floods the space with natural light. Further along the hallway, you'll find two well-proportioned bedrooms and a modern family bathroom, offering comfort and convenience for everyday living.

Location - This property is ideally situated just a 5-minute walk from Harrow & Wealdstone Station, offering access to the Underground, Overground, and National Rail services. Enjoy direct and frequent connections to Watford (7 minutes), London Euston (15 minutes), and Birmingham (1.5 hours), making commuting and travel highly convenient.

Families will appreciate the proximity to a variety of well-regarded schools, such as St. Joseph's and Belmont Primary Schools, Salvatorian College, and The Sacred Heart Language College. Additionally, Harrow’s town centre, with its excellent shopping and leisure facilities, is just a short distance away.

Agent Details

Coopers, Pinner

020 8051 3230

Next Steps?

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