3 Bed Detached House, Refurb/BRRR, London, NW11 0RN, £975,000

3 Wentworth Road, NW11 0RN - 2 views - 5 months ago

Refurb/BRRR
~93 m²
+2 photos

ValuationOvervalued

Sold Prices£350K - £2.5M
Sold Prices/m²£2.5K/m² - £12.7K/m²

 

 

Square Metres

~93 m²
Price/m²£10.5K/m²

Value Estimate

£845,367

 

 

End Value (After Refurb)

£896,625

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£243,750

Stamp Duty & Legal Fees

£69,200

Refurb Costs

£49,200

Bridging Loan Interest

£25,594

Total Cash In

£389,494

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£896,625

Mortgage (After Refinance)

£672,469

Mortgage LTV

75%

Cash Left In

£389,494

Equity

£224,156

Rent Range

£1,700 - £9,317

Rent Estimate

£3,441

Running Costs/mo

£3,510

Cashflow/mo

£-69

Cashflow/yr

£-830

Gross Yield

4%

Local Sold Prices

51 sold prices from £350K to £2.5M, average is £975K. £2.5K/m² to £12.7K/m², average is £9.4K/m².

PriceDateDistanceAddressBeds 
£1.1M04/210.01 mi32, Wentworth Road, London, Greater London NW11 0RN3
£1.2M09/230.01 mi24, Wentworth Road, London, Greater London NW11 0RN3
£1.1M06/210.1 mi153, Wentworth Road, London, Greater London NW11 0RJ3
£990K04/210.11 mi125, Wentworth Road, London, Greater London NW11 0RJ3
£921.5K07/240.12 mi19, Ambrose Avenue, London, Greater London NW11 9AP3
£905.5K10/230.18 mi8, Temple Gardens, London, Greater London NW11 0LL3
£1.1M12/220.25 mi8, The Grove, London, Greater London NW11 9SH3
£1.4M05/230.27 mi94, Temple Fortune Lane, London, Greater London NW11 7TX3
£1.2M06/210.29 mi88, Temple Fortune Lane, London, Greater London NW11 7TX3
£850K02/240.29 mi12, Sheridan Walk, London, Greater London NW11 7UF3
£850K12/200.3 mi50, Temple Fortune Lane, London, Greater London NW11 7UE3
£1.1M10/230.3 mi66, Temple Fortune Lane, London, Greater London NW11 7UE3
£960K01/240.32 mi30, The Drive, London, Greater London NW11 9SU3
£1.7M02/230.35 mi110, Hampstead Way, London, Greater London NW11 7XY3
£1.1M11/220.35 mi160, Hampstead Way, London, Greater London NW11 7XD3
£911K05/220.37 mi152, Hampstead Way, London, Greater London NW11 7XH3
£975K02/240.4 mi31, Willifield Way, London, Greater London NW11 7XU3
£1.1M01/240.41 mi137, Hampstead Way, London, Greater London NW11 7JN3
£1.1M01/240.41 mi137, Hampstead Way, London, Greater London NW11 7JN3
£605K06/210.42 mi15, Asmuns Place, London, Greater London NW11 7XE3
£1.1M02/230.42 mi5, Asmuns Place, London, Greater London NW11 7XE3
£995K09/210.42 mi29, Temple Fortune Hill, London, Greater London NW11 7XL3
£860K01/210.43 mi19, Temple Fortune Hill, London, Greater London NW11 7XL3
£1.3M11/230.47 mi43, Sinclair Grove, London, Greater London NW11 9JH3
£1.0M04/240.48 mi45, Temple Fortune Hill, London, Greater London NW11 7XP3
£950K03/210.48 mi73, Willifield Way, London, Greater London NW11 6YL3
£1.3M08/220.48 mi47, Temple Fortune Hill, London, Greater London NW11 7XP3
£862K09/230.48 mi44, Sandringham Road, London, Greater London NW11 9DP3
£925K08/210.48 mi72, Willifield Way, London, Greater London NW11 6YJ3
£950K03/220.48 mi92, Willifield Way, London, Greater London NW11 6YJ3
£970K05/220.48 mi72, Golders Manor Drive, London, Greater London NW11 9HT3
£1.1M11/210.49 mi18, Sinclair Grove, London, Greater London NW11 9JG3
£930K06/210.5 mi52, Montpelier Rise, London, Greater London NW11 9DX3
£1.1M11/210.5 mi100, Willifield Way, London, Greater London NW11 6YG3
£700K02/240.5 mi110, Willifield Way, London, Greater London NW11 6YG3
£660K10/200.55 mi63, Hamilton Road, London, Greater London NW11 9EH3
£714K06/210.55 mi5, Hamilton Road, London, Greater London NW11 9EH3
£667.5K05/240.55 mi65, Hamilton Road, London, Greater London NW11 9EH3
£1.1M04/210.55 mi39, Woodlands Close, London, Greater London NW11 9QR3
£575K10/200.57 mi50, Erskine Hill, London, Greater London NW11 6HG3
£1.1M06/210.58 mi10, Corringway, London, Greater London NW11 7ED3
£875.5K04/230.59 mi34, Wordsworth Walk, London, Greater London NW11 6AU3
£350K12/220.59 mi87, Highfield Avenue, London, Greater London NW11 9TU3
£2.5M07/220.6 mi82, Corringham Road, London, Greater London NW11 7EB3
£875K03/210.6 mi21, Wordsworth Walk, London, Greater London NW11 6AU3
£830K03/240.61 mi2, Woodside, London, Greater London NW11 6HH3
£1.2M07/230.62 mi20, Shirehall Park, London, Greater London NW4 2QL3
£772K01/210.63 mi44, Denman Drive South, London, Greater London NW11 6RH3
£1.1M10/230.63 mi33, Hogarth Hill, London, Greater London NW11 6AY3
£902.5K11/210.64 mi2, Coleridge Walk, London, Greater London NW11 6AT3
£995K07/240.64 mi39, Denman Drive North, London, Greater London NW11 6RD3

Local Rents

50 rents from £1.7K/mo to £9.3K/mo, average is £2.9K/mo.

RentDateDistanceAddressBeds 
£1,70006/240.08 miSt Johns Road, London, NW113
£3,80002/240.12 mi-3
£3,80006/240.12 mi-3
£2,50006/240.14 miRavenscroft Avenue, Golders Green, NW113
£2,75003/250.15 mi-3
£3,27503/250.18 mi-3
£2,30006/240.19 miFinchley Road, Finchley Road3
£3,50006/240.19 miClifton Gardens, Temple Fortune, London3
£3,03406/240.21 miClifton Gardens, Temple Fortune, London, NW113
£3,15006/240.25 miBeechcroft Avenue, Golders Green, NW11 3
£3,15006/240.26 miBeechcroft Avenue, Golders Green, London NW113
£3,15006/240.26 miBeechcroft Avenue, Golders Green3
£3,14606/240.26 miBeechcroft Avenue, Golders Green, NW13
£2,05006/240.26 miTemple Fortune Lane, Hampstead Garden Suburb, London, NW113
£2,99006/240.27 miHighfield Road3
£2,05006/240.28 miTemple Fortune Lane, Hampstead Garden Suburb, London, NW113
£2,99007/240.28 mi-3
£2,30006/240.33 miWoodstock Avenue, Golders Green, NW113
£3,00001/250.35 mi-3
£2,30006/240.36 miMiddleton Road, London, NW113
£4,11706/240.36 miFinchley Road, Golders Green, NW113
£2,60006/240.37 miHighfield Avenue, Golders Green, NW113
£2,35006/240.37 miHeather Gardens, Golders Green, London, NW113
£2,49606/240.38 miBridge Lane, Golders Green, NW113
£2,49606/240.38 miBridge Lane, Golders Green, NW113
£2,49606/240.38 miBridge Lane, Golders Green, NW113
£2,49606/240.38 miBridge Lane, Golders Green, NW113
£2,30006/240.38 miMiddleton Road, London, NW113
£2,75006/240.39 miGolders Court, Woodstock Road, Golders Green, NW113
£2,80006/240.39 miKaysquare Court, 1a Heather Gardens, London, NW113
£9,31707/240.39 miArmitage Road, Golders Green3
£8,23306/240.39 miThe Luxley, Golders Green, NW113
£6,06706/240.39 miThe Luxley, Golders Green, NW113
£9,31706/240.39 miThe Luxley, Golders Green, NW113
£4,98306/240.41 miThe Ridgeway, Golders Green, NW113
£4,98306/240.41 miThe Ridgeway, London3
£2,60006/240.41 miHighfield Avenue, London, NW113
£2,85003/250.42 mi-3
£2,87506/240.42 mi-3
£2,60006/240.42 miHighfield Avenue, NW113
£6,00006/240.43 miRiverside Drive, Golders Green Road, Golders Green, NW113
£2,99906/240.43 miRotherwick Road, Golders Green NW113
£4,98406/240.44 miThe Ridgeway, Golders Green, London, NW113
£2,29712/240.44 miWoodstock Road, London, NW113
£1,85006/240.45 mi-3
£3,00006/240.46 miMontpelier Rise, London, NW113
£2,79906/240.46 mi-3
£2,20001/250.46 mi-3
£2,38306/240.49 miGresham Gardens, Golders Green NW113
£6,06707/240.5 miArmitage Road, Golders Green3

Local Area Statistics

Population in NW11

32,571

Population in London

4,771,921

Town centre distance

5.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £975,000

October 18, 2024

Floor Plans

Description

  • 3 BEDROOMS +
  • DETACHED HOUSE +
  • ATTACHED GARAGE +
  • OWN DRIVE +
  • LOTS OF SCOPE FOR EXTENTION AND EXPANSION +
  • IN NEED OF REFURBISHMENT +
  • THROUGH LOUNGE +
  • KITCHEN +
  • BATHROOM/WC +
  • GOOD SIZE GARDEN +

WENTWORTH ROAD, NW11 0RN

A cottage style 3 bedroom detached house in need of modernisation but with lots of potential

At present there is the standard through lounge, kitchen and a bathroom/wc
There is also an attached garage with own drive in and a good size rear garden
The house has approx 1205 SQ FT/112 SQ MTS of accommodation

Permitted development for single storey side and rear extension, 2 no. side dormers to facilitate loft conversion providing 2 bedrooms and a shower room along with extensions was approved under15/01946/192.

Planning was granted under 23/2894/HSE for part single, part two storey side and rear extension following demolition of existing garage which adds further to the ground floor and 1st floor living space

The house will need updating so this has been reflected in a competitive asking price as the vendors are seeking offers in excess of £975,000

This property is one you can take and put your own “stamp” on to provide a home to meet you requirements

Call us now for early viewing

EPC to 2029 BAND D

COUNCIL TAX -BAND F

Agent Details

Dreamview Estates, Golders Green

020 3910 6472

Next Steps?

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