2 Bed Flat, Single Let, Harrow, HA3 5FB £325,000

Mondrian Court, Artisan Place, Harrow, HA3 5FB - 2 views - a year ago
Under Offer
Leasehold
BTL
ROI: 2%
~68 m²
Property image

ValuationUndervalued

Sold Prices£85K - £450K
Sold Prices/m²£1.3K/m² - £21.3K/m²

 

 

Square Metres

~67.70 m²
Price/m²£4.8K/m²

Value Estimate

£371,795
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Rent Range

£1,495 - £1,950

Rent Estimate

£1,496

Running Costs/mo

£1,335

Cashflow/mo

£161

Cashflow/yr

£1,934

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £450K, average is £329K. £1.3K/m² to £21.3K/m², average is £5.9K/m².

Price
Date
Distance
Address
Beds
 
£370K03/250.08 miFlat B, 17, Graham Road, Harrow HA3 5RP2
£370K03/250.08 miFlat B, 17, Graham Road, Harrow HA3 5RP2
£340K12/240.12 mi20, Spencer Road, Wealdstone HA3 7AP2
£315K11/220.18 mi204, High Road, Harrow, Greater London HA3 7BA2
£300K10/220.2 mi237a, High Road, Harrow, Greater London HA3 5EE2
£385K12/240.21 mi224 Lexington Apartments, Flat 6, High Road, Harrow HA3 7BA2
£280K07/210.22 mi14, Nicola Close, Harrow, Greater London HA3 5HP2
£205K06/250.25 mi42, Gordon Road, Harrow HA3 5RX2
£205K06/250.25 mi42, Gordon Road, Harrow HA3 5RX2
£380K10/230.26 mi18, Enderley Road, Harrow, Greater London HA3 5HF2
£160K12/240.27 mi72 Essence Apartments, Flat 15, High Street, Harrow HA3 7AF2
£85K10/240.27 mi66, Locket Road, Wealdstone HA3 7NE2
£325K11/220.3 mi7a, Bengarth Drive, Harrow, Greater London HA3 5HX2
£369K04/250.33 miFlat 5, 19 La Reve Apartments, High Street, Harrow HA3 5FF2
£369K04/250.33 miFlat 5, 19 La Reve Apartments, High Street, Harrow HA3 5FF2
£326K06/230.39 mi91, Sefton Avenue, Harrow, Greater London HA3 5JP2
£310K10/240.42 mi11, Flat 4, College Avenue, Harrow Weald HA3 6HR2
£259K11/240.43 mi86, Flat 2, Peel Road, Harrow HA3 7QU2
£250K09/210.43 mi19, Archery Close, Harrow, Greater London HA3 7RT2
£292K05/230.43 mi18, Archery Close, Harrow, Greater London HA3 7RT2
£350K09/220.44 mi21a, Derby Avenue, Harrow, Greater London HA3 5JU2
£295K03/250.47 mi40, Archery Close, Harrow HA3 7RU2
£335K10/210.53 mi6, Alma Row, Harrow, Greater London HA3 6HN2
£350K06/230.53 mi66, Hampden Road, Harrow, Greater London HA3 5PR2
£380K09/220.54 mi16, Broadlawns Court, Harrow, Greater London HA3 7HN2
£295K06/210.55 mi36a, Herga Road, Harrow, Greater London HA3 5AS2
£322K08/230.55 mi24a, Herga Road, Harrow, Greater London HA3 5AS2
£350K02/230.56 mi15, Broadlawns Court, Harrow, Greater London HA3 7HN2
£311K01/230.57 mi44, Masons Avenue, Harrow, Greater London HA3 5AR2
£310K03/250.58 mi194, Locket Road, Harrow HA3 7PA2
£310K03/250.58 mi194, Locket Road, Harrow HA3 7PA2
£310K03/250.58 mi194, Locket Road, Harrow HA3 7PA2
£390K09/230.59 miFlat A, 186, Harrow View, Harrow, Greater London HA1 4TN2
£350K02/230.59 mi20, Twickenham Gardens, Harrow, Greater London HA3 6BG2
£379.9K06/230.59 mi40, Twickenham Gardens, Harrow, Greater London HA3 6BG2
£315K06/210.61 mi10, Rusland Heights, Harrow, Greater London HA1 1UU2
£387.5K02/250.62 mi214, Locket Road, Harrow HA3 7PB2
£387.5K02/250.62 mi214, Locket Road, Harrow HA3 7PB2
£450K03/250.64 mi6, Bolton Road, Harrow HA1 4SA2
£332K05/230.64 mi19, Fairfield Drive, Harrow, Greater London HA2 6PY2
£340K11/220.65 mi11, Fairfield Drive, Harrow, Greater London HA2 6PY2
£262K03/230.68 mi207, Christchurch Avenue, Harrow, Greater London HA3 5BA2
£282K08/210.69 mi37, Albert Road, Harrow, Greater London HA2 6PS2
£370K06/210.7 mi41, Ranmoor Close, Harrow, Greater London HA1 1UH2
£394K11/210.72 mi40a, Hide Road, Harrow, Greater London HA1 4SF2
£406K02/250.74 mi40a, Hide Road, Harrow HA1 4SF2
£341.5K08/230.74 mi33a, Frognal Avenue, Harrow, Greater London HA1 2SG2
£275K05/230.76 mi80, Dromey Gardens, Harrow, Greater London HA3 6AX2
£325K10/210.78 mi84, Harrow View, Harrow, Greater London HA1 4TE2
£445.9K02/230.78 mi47a, Longley Road, Harrow, Greater London HA1 4TG2

Local Rents

50 rents from £1.5K/mo to £1.9K/mo, average is £1.8K/mo.

Rent
Date
Distance
Address
Beds
 
£1,69505/250.02 mi-2
£1,90004/240.02 mi-2
£1,69506/250.02 mi-2
£1,49503/250.03 mi-2
£1,49502/250.03 mi-2
£1,80009/250.04 miLadysmith Road, Harrow Weald2
£1,95009/250.05 mi-2
£1,95008/250.05 miArtisan Place, Harrow, HA32
£1,95008/250.05 miArtisan Place, Harrow, HA32
£1,85004/240.05 miLowry Court, 23 Artisan Place, Harrow , HA3 2
£1,75010/250.05 miLowry Court, 23 Artisan Place, Harrow , HA3 2
£1,95010/250.05 miArtisan Place, Harrow, HA32
£1,80011/250.05 mi-2
£1,75009/250.05 miHigh Street, Wealdstone, Harrow, HA32
£1,70001/250.05 mi-2
£1,62508/250.05 miJenga House, Wealdstone, Harrow, HA32
£1,65012/240.05 mi-2
£1,62509/250.05 mi-2
£1,90012/240.05 mi-2
£1,75011/250.05 mi-2
£1,80003/250.05 mi-2
£1,90004/240.05 miApplebee Court, Wealdstone, Harrow, HA32
£1,80004/240.05 miHigh Street, Harrow2
£1,85005/250.05 miHigh Street, Harrow2
£1,65012/240.05 mi-2
£1,70010/250.05 miAppelbee Court 22 Artisan Place, Wealdstone, Harrow, Middlesex, HA32
£1,70011/250.05 miAppelbee Court 22 Artisan Place, Wealdstone, Harrow, Middlesex, HA32
£1,75008/250.05 miAppelbee Court, Artisan Place, Harrow HA32
£1,75011/250.05 miAppelbee Court, Harrow Weald, Middesex, HA3 2
£1,70010/250.06 miHigh Street, Wealdstone2
£1,95008/250.06 miArtisan Place, Harrow Weald, Harrow, HA32
£1,95008/250.06 miArtisan Place, Harrow Weald, Harrow, HA32
£1,85009/250.06 miArtisan Place, Harrow Weald, Harrow, HA32
£1,85004/240.06 miArtisan Place, Wealdstone2
£1,65010/250.06 mi-2
£1,65011/250.06 mi-2
£1,75008/250.06 miAppelbee Court, Artisan Place, Wealdstone, Harrow, Middlesex, HA32
£1,75009/250.06 mi-2
£1,65011/250.06 mi-2
£1,80006/250.07 miMondrian Court, Artisan Place, Harrow, HA32
£1,85005/250.07 miClocktower Heights, Harrow2
£1,85008/250.07 miAlbers Court 21 Ladysmith Road, Harrow, Middlesex, HA32
£1,85007/250.08 miHigh Street, Wealdstone, Harrow, HA32
£1,85009/250.08 miAlbers Court, 21 Ladysmith Road, Harrow, Middlesex HA32
£1,84909/250.08 mi-2
£1,60007/250.08 miHigh Street, Wealdstone, Harrow, HA32
£1,55006/250.08 mi154 High Street, Wealdstone, Harrow, HA32
£1,65008/250.08 mi-2
£1,65003/250.09 mi-2
£1,75009/250.1 miDauphine Court, Spencer Road, Harrow, Middlesex HA32

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

0.88 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+16%

Property History

Listed for £325,000

October 21, 2024

Floor Plans

Property image

Description

Spacious and Modern Two Double Bedroom Ground Floor Flat in Harrow Weald Located in the popular "Artisan Place" development in Harrow Weald, this larger-than-average two double bedroom ground floor flat offers modern living with the convenience of excellent transport links and local amenities. Perfectly positioned within a 10-12 minute walk to Harrow & Wealdstone Station (Bakerloo and London Overground), this property is ideal for commuters and those seeking contemporary comfort.

  • Two Double Bedrooms:Both bedrooms are generously sized, with the master bedroom benefiting from an en suite shower room.

  • Modern Open Plan Living:The modern fitted kitchen is fully equipped with high-quality appliances, including a fridge/freezer, washer/dryer, dishwasher, hob, and oven. The kitchen is open plan to a spacious reception room, creating a perfect area for dining and relaxation.

  • Patio Area:The reception room opens onto a private patio, providing a pleasant outdoor space for relaxing or entertaining.

  • Video/Phone Entry System:For added security, the property is equipped with a video/phone entry system.

  • Lift Access:The block includes a lift, ensuring easy access to all floors.

  • Modern Family Bathroom:A contemporary family bathroom with stylish fixtures complements the en suite in the master bedroom.

  • Communal Gardens:The development features well-maintained communal gardens, offering a tranquil outdoor space for residents to enjoy.

  • Allocated Parking:The property includes an allocated parking space just outside the flat, providing convenient access.

  • Close to Transport Links:A short 10-12 minute walk to Harrow & Wealdstone Station (Bakerloo and London Overground) offers fast and direct connections to Central London, making commuting easy and efficient.

  • Popular Development:"Artisan Place" is a sought-after development known for its modern design, well-maintained surroundings, and community atmosphere.

  • Perfect for Professionals:With its modern features and excellent transport links, this flat is ideal for professionals who need easy access to Central London.

  • Nearby Amenities:The flat is within close proximity to a variety of shopping facilities, restaurants, and other local amenities, ensuring all your daily needs are catered for.

  • Comfortable Family Home:The spacious layout and modern amenities make this flat suitable for small families or those looking to downsize without compromising on space or style.

  • Long Lease/Service Charge/Ground Rent:With 147 years remaining on the lease, service charge £128.00 per month with ground rent £29.00 per month.

To fully appreciate the size, style, and location of this superb ground floor flat, we recommend arranging a viewing at your earliest convenience. This property offers a unique combination of modern living in a convenient and desirable location. Contact us today to schedule your viewing and take the next step towards making this your new home!

Agent Details

Major Estates, Harrow

020 3909 9643

Next Steps?

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