5 Bed Detached House, Refurb/BRRR, Stanmore, HA7 3AQ, £1,200,000

Ben Hale Close, STANMORE, HA7 3AQ - 7 views - 5 months ago

Sold STC
Refurb/BRRR
~178 m²
+10 photos

ValuationOvervalued

Sold Prices£617K - £3.5M
Sold Prices/m²£3.6K/m² - £45.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£6.7K/m²

Value Estimate

£916,643

 

 

End Value (After Refurb)

£1,095,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£300,000

Stamp Duty & Legal Fees

£98,450

Refurb Costs

£94,317

Bridging Loan Interest

£31,500

Total Cash In

£526,017

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,095,000

Mortgage (After Refinance)

£821,250

Mortgage LTV

75%

Cash Left In

£526,017

Equity

£273,750

Rent Range

£1,900 - £15,999

Rent Estimate

£4,336

Running Costs/mo

£4,309

Cashflow/mo

£27

Cashflow/yr

£323

ROI

0%

Gross Yield

4%

Local Sold Prices

45 sold prices from £617K to £3.5M, average is £1.3M. £3.6K/m² to £45.5K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£1.6M05/230.1 miCarnelian, Green Lane, Stanmore, Greater London HA7 3AB5
£1.4M09/220.16 mi113, Green Lane, Stanmore, Greater London HA7 3AD5
£1.1M03/210.19 mi1, Hodgkins Mews, Stanmore, Greater London HA7 4FJ5
£670K11/220.24 mi7, Grey Fell Close, Stanmore, Greater London HA7 3DQ5
£1.4M06/210.27 mi3, Heriots Close, Stanmore, Greater London HA7 3EE5
£1.6M10/200.27 mi2, Pine Close, Stanmore, Greater London HA7 3DG5
£782K02/230.28 mi3, Lady Aylesford Avenue, Stanmore, Greater London HA7 4FG5
£950K07/230.28 mi7, Lady Aylesford Avenue, Stanmore, Greater London HA7 4FG5
£950K07/230.28 mi7, Lady Aylesford Avenue, Stanmore, Greater London HA7 4FG5
£2.8M12/220.33 mi28, Aylmer Drive, Stanmore, Greater London HA7 3EG5
£1.7M11/210.34 mi32, Bentley Way, Stanmore, Greater London HA7 3RP5
£975K09/220.34 mi50, Elm Park, Stanmore, Greater London HA7 4BJ5
£1.8M09/220.34 mi30, Bentley Way, Stanmore, Greater London HA7 3RP5
£1.2M08/210.34 mi38, Elm Park, Stanmore, Greater London HA7 4BJ5
£1.7M08/220.41 miWoodleigh, Wood Lane, Stanmore, Greater London HA7 4JZ5
£1.9M11/200.42 mi1, Fallowfield, Stanmore, Greater London HA7 3DF5
£2.0M03/230.42 mi14a, Fallowfield, Stanmore, Greater London HA7 3DF5
£850K06/210.48 mi2, Conway Close, Stanmore, Greater London HA7 3RT5
£815K10/220.48 mi8, Conway Close, Stanmore, Greater London HA7 3RT5
£1.1M03/230.5 mi23, Leavesden Road, Stanmore, Greater London HA7 3RQ5
£2.1M08/210.54 mi38, Gordon Avenue, Stanmore, Greater London HA7 3QH5
£1.9M09/220.54 mi2, Valencia Road, Stanmore, Greater London HA7 4JH5
£1.5M06/210.58 mi96, Gordon Avenue, Stanmore, Greater London HA7 3QS5
£1.7M12/220.6 mi5, Kerry Avenue, Stanmore, Greater London HA7 4NJ5
£840K06/210.7 mi37, Silverston Way, Stanmore, Greater London HA7 4HS5
£1.8M11/220.73 miLinksway, Maytree Lane, Stanmore, Greater London HA7 3RZ5
£1.6M11/200.73 miHornbeam, May Tree Lane, Stanmore, Greater London HA7 3RZ5
£790K01/240.74 mi75, Talman Grove, Stanmore, Greater London HA7 4UQ5
£3.5M09/230.77 miRed Roof, Priory Drive, Stanmore, Greater London HA7 3HN5
£1.4M05/230.8 mi6, Clamp Hill, Stanmore, Greater London HA7 3JS5
£617K05/210.85 mi20, Drummond Drive, Stanmore, Greater London HA7 3PD5
£1.0M01/210.9 mi56, London Road, Stanmore, Greater London HA7 4NU5
£1.2M08/220.9 mi29, Snaresbrook Drive, Stanmore, Greater London HA7 4QN5
£1.0M04/230.9 mi46, London Road, Stanmore, Greater London HA7 4NU5
£887.5K11/200.9 mi66, Dalkeith Grove, Stanmore, Greater London HA7 4SF5
£1.2M03/210.91 mi19, Fauna Close, Stanmore, Greater London HA7 4PX5
£975K04/210.91 mi10, Snaresbrook Drive, Stanmore, Greater London HA7 4QW5
£1.3M04/210.91 mi11, London Road, Stanmore, Greater London HA7 4PA5
£1.1M12/200.91 mi17, Padelford Lane, Stanmore, Greater London HA7 4WU5
£1.6M06/210.93 mi55, Dalkeith Grove, Stanmore, Greater London HA7 4SQ5
£1.7M06/230.95 mi10, Julius Caesar Way, Stanmore, Greater London HA7 4PZ5
£2.0M10/210.95 mi5, Dovercourt Gardens, Stanmore, Greater London HA7 4SJ5
£1.1M09/210.98 mi7, Heronslea Drive, Stanmore, Greater London HA7 4QY5
£1.5M06/220.98 mi133, Uxbridge Road, Harrow, Greater London HA3 6DG5
£1.1M06/210.99 mi17, Pangbourne Drive, Stanmore, Greater London HA7 4QX5

Local Rents

29 rents from £1.9K/mo to £16K/mo, average is £2.9K/mo.

RentDateDistanceAddressBeds 
£2,30002/240.1 miGreen Lane, Stanmore, HA73
£4,50010/230.13 miStanmore, Harrow, HA74
£2,55004/240.21 miStanmore, Harrow, HA73
£2,45012/240.23 mi-3
£2,55004/240.23 miEaton Close, HA73
£15,99910/230.29 miPine Close, Stanmore, Middlesex6
£3,49911/230.3 miTudor Well Close Stanmore HA74
£1,99502/250.35 mi-3
£4,99004/240.35 miGoodhall Close5
£4,99004/240.35 miGoodhall Close Stanmore HA75
£4,99004/240.38 mi-5
£4,99002/240.38 miGoodhall Close, Stanmore, HA75
£4,99012/240.38 miGoodhall Close, Stanmore, HA75
£2,85003/250.4 mi-3
£2,90003/250.4 mi-3
£2,85003/250.4 mi-3
£2,95004/240.4 miHill House, Stanmore HA73
£2,60001/250.42 mi-3
£1,90004/240.48 miLondon Road, Stanmore, HA73
£4,00012/240.51 mi-5
£4,50001/250.53 mi-3
£2,50012/240.53 mi-3
£2,35004/240.55 miNelson Road, Stanmore3
£4,00004/240.55 miAshdale Grove, Stanmore, HA74
£2,80004/250.56 mi-3
£2,50004/250.56 mi-3
£2,40012/240.56 mi-3
£4,00002/240.57 miAshdale Grove, Stanmore, HA74
£2,50004/240.6 miGleneagles, Stanmore, HA73

Local Area Statistics

Population in HA7

35,976

Town centre distance

0.38 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-40%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £1,200,000

November 5, 2024

Floor Plans

Description

The property boasts generous reception space across the ground floor, consisting of a separate kitchen, TV room, dining room, living room and family room, in addition to this is a guest w/c and integral garage. To the first floor the property offers a principal bedroom suite with en-suite bathroom, four further bedrooms and a family bathroom.

Whilst the house is ready to move into, it also boasts exciting potential for renovation and extension.

Outside

Externally the south-facing rear garden is a core feature, providing ample outdoor space for entertaining, or simply enjoying the sunshine.

The wide 49ft frontage of the property adds to its attractive curb appeal, whilst offering off street parking for several cars.

Situation

The property is conveniently located for all the local amenities of Stanmore, offering excellent transport facilities with links to London and the north with Stanmore station (Jubilee line) underground station only 0.8 miles away and the A41, M1 and M25 all located nearby and Stanmore?s three main places of worship are all within 0.7 to 1.3 of a mile of the property.

Sporting and recreational facilities are incredibly well catered for in the area with Stanmore Golf Club, Hartsbourne Country Club and The Grove all situated particularly close by, together with the renowned David Lloyd and Village fitness centres, Bentley Priory Nature Reserve and Stanmore Country Park.

There are several excellent private and state schools in the vicinity including North London Collegiate, Avanti House, Haberdashers, St Margaret's and Merchant Taylors.

Agent Details

Hamptons Prime Sales, Stanmore

020 3909 6521

Next Steps?

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