3 Bed Semi-Detached House, Single Let, Northwood, HA6 1AZ, £550,000

Pine Needle Lane, Northwood, Middlesex, HA6 1AZ - 3 views - 5 months ago

BTL
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£500K - £1.3M
Sold Prices/m²£4.6K/m² - £15.8K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£613,118
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£1,700 - £4,500

Rent Estimate

£1,850

Running Costs/mo

£2,109

Cashflow/mo

£-259

Cashflow/yr

£-3,105

Gross Yield

4%

Local Sold Prices

50 sold prices from £500K to £1.3M, average is £625K. £4.6K/m² to £15.8K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£595K06/230.04 mi9, Church Road, Northwood, Greater London HA6 1AR3
£805K11/220.11 mi2, Emmanuel Road, Northwood, Greater London HA6 1SF3
£620K03/230.12 mi20, Townsend Way, Northwood, Greater London HA6 1TF3
£665K04/210.12 mi137, High Street, Northwood, Greater London HA6 1ED3
£550K06/230.12 mi147, High Street, Northwood, Greater London HA6 1ED3
£585K04/230.12 mi127, High Street, Northwood, Greater London HA6 1ED3
£715K06/230.13 mi1, Church Close, Northwood, Greater London HA6 1SG3
£540K06/210.13 mi23, Townsend Way, Northwood, Greater London HA6 1TG3
£700K09/230.13 mi16, Northwood Way, Northwood, Greater London HA6 1AT3
£770K05/220.17 mi16, Roy Road, Northwood, Greater London HA6 1EH3
£545K06/230.17 mi120, Hilliard Road, Northwood, Greater London HA6 1SP3
£540K11/220.17 mi124, Hilliard Road, Northwood, Greater London HA6 1SP3
£625K06/230.17 mi147, Hilliard Road, Northwood, Greater London HA6 1SL3
£555.1K01/210.17 mi141, Hilliard Road, Northwood, Greater London HA6 1SL3
£513K12/220.17 mi123, Hilliard Road, Northwood, Greater London HA6 1SL3
£683.5K08/220.17 mi128, Hilliard Road, Northwood, Greater London HA6 1SP3
£810K04/210.18 mi64, Reginald Road, Northwood, Greater London HA6 1EE3
£600K11/230.18 mi28, Reginald Road, Northwood, Greater London HA6 1EE3
£595K10/230.18 mi36, Reginald Road, Northwood, Greater London HA6 1EE3
£625K05/220.18 mi44, Roy Road, Northwood, Greater London HA6 1EH3
£650K12/230.18 mi3, Wychwood Way, Northwood, Greater London HA6 1EJ3
£800K06/220.2 mi18, Roy Road, Northwood, Greater London HA6 1EH3
£555K09/230.21 mi10c, Carew Road, Northwood, Greater London HA6 3NL3
£645K03/210.22 mi7a, Chester Road, Northwood, Greater London HA6 1BE3
£645K03/210.22 mi7a, Chester Road, Northwood, Greater London HA6 1BE3
£1.2M02/210.23 mi41, Elgood Avenue, Northwood, Greater London HA6 3QR3
£625K06/220.24 mi49, High Street, Northwood, Greater London HA6 1EB3
£625K04/230.24 mi95, High Street, Northwood, Greater London HA6 1EB3
£545K06/210.24 mi71, High Street, Northwood, Greater London HA6 1EB3
£602K03/210.24 mi77, High Street, Northwood, Greater London HA6 1EB3
£567K04/210.24 mi59, High Street, Northwood, Greater London HA6 1EB3
£710K06/210.24 mi53, Hallowell Road, Northwood, Greater London HA6 1DT3
£800K06/220.24 mi59, Hallowell Road, Northwood, Greater London HA6 1DT3
£690K06/210.24 mi55, Hallowell Road, Northwood, Greater London HA6 1DT3
£570K06/230.24 miWillowood Lodge, 41, Hallowell Road, Northwood, Greater London HA6 1DT3
£612K09/210.24 mi5, Foxfield Close, Northwood, Greater London HA6 3NU3
£570K11/200.25 mi86, Hilliard Road, Northwood, Greater London HA6 1SW3
£530K11/230.25 mi13, Addison Way, Northwood, Greater London HA6 1SS3
£770K06/210.26 mi109, Hallowell Road, Northwood, Greater London HA6 1DY3
£676K01/230.26 mi33, Addison Way, Northwood, Greater London HA6 1SS3
£950K09/220.26 mi52, Hallowell Road, Northwood, Greater London HA6 1DS3
£775K06/220.26 mi76, Hallowell Road, Northwood, Greater London HA6 1DS3
£890K02/220.26 mi107, Hallowell Road, Northwood, Greater London HA6 1DY3
£598K05/210.27 mi69, Northwood Way, Northwood, Greater London HA6 1RS3
£809K05/220.28 mi20, Hallowell Road, Northwood, Greater London HA6 1DW3
£500K06/210.28 mi159, Hallowell Road, Northwood, Greater London HA6 1DZ3
£685K01/230.29 mi32, Addison Way, Northwood, Greater London HA6 1SY3
£825K08/220.3 mi110, Hallowell Road, Northwood, Greater London HA6 1DU3
£510K04/210.31 mi24, Hilliard Road, Northwood, Greater London HA6 1SN3
£1.3M02/230.32 mi33, Gatehill Road, Northwood, Greater London HA6 3QN3

Local Rents

15 rents from £1.7K/mo to £4.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20004/240.14 miHigh Street, Northwood, Middlesex, HA6 1BJ3
£3,60004/240.16 miNorthwood Way, Northwood, HA6.3
£2,75002/240.19 miFords Place, Northwood3
£2,25004/240.3 miHallowell Road, Northwood3
£2,50004/240.38 miHilliard Road, Northwood, HA63
£2,35002/250.39 mi-3
£4,50012/240.39 mi-3
£2,40001/250.42 mi-3
£2,25003/250.44 mi-3
£1,70004/240.44 miGreen Lane3
£2,25004/240.47 miNorthwood HA63
£2,30005/240.48 miFalcon Close3
£2,25004/240.49 miEastbury Avenue3
£2,00004/240.51 miNorthwood, HA6, HA63
£1,70004/240.51 miTrinity Close3

Local Area Statistics

Population in HA6

21,901

Town centre distance

0.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Buyer's market

Property History

Listed for £550,000

November 8, 2024

Floor Plans

Description

  • Two double bedrooms +
  • No onward chain +
  • Ideal for first time buyers +
  • Off-street parking +
  • Northwood amenities +
  • EPC Rating = B +

A two/three bedroom house in the heart of Northwood ideal for first time buyers.

Description

This charming two/three bedroom semi detached home boasts a spacious and versatile layout and is offered for sale with no onward chain. The property is located in the heart of Northwood, approximately 0.5 miles from the town centre and Metropolitan line station.

On entering the property, the hallway gives access to the open plan reception room and to a ground floor shower room and convenient under stairs storage cupboard. The kitchen/dining/living room has an external side door as well as double doors leading out to the garden.

Upstairs, the property offers two generous bedrooms and a separate study/third bedroom, perfect for those working from home. There is also a modern family bathroom on the first floor.

A shared driveway leads to allocated parking space to the front of the property. The private garden is fully enclosed and well maintained, with a decked area adjoining the house and a lawn beyond.

Location

London is just 16 miles (approx.) and is reached by rail from Northwood Metropolitan Line underground railway station. Watford (4 miles approx.) and Harrow (6 miles approx.) are both accessible by road and offer multiple shopping centres.

Northwood provides a wide range of shops with multiple stores including Waitrose, Boots and Costa Coffee. There is an interesting selection of quality restaurants serving multi-cultural cuisine and several coffee/snack bars.

Sports and fitness enthusiasts are well catered for with clubs for Golf, Tennis, Football, Cricket and extensive facilities within the David Lloyd Sports and Social Club.

There is a good choice of schools in the area both state and private including: St Helen’s and Northwood College for girls, St Martin’s, St John's and Merchant Taylors’ for boys.

Square Footage: 787 sq ft

Agent Details

Savills, Rickmansworth

01923 961668

Next Steps?

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