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3 Bed Terraced House, Refurb/BRRR, Harrow, HA3 5RZ, £450,000

9 Wolseley Road, Harrow, Greater London, HA3 5RZ - 6 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 1%
95 m²

ValuationUndervalued

Sold Prices£260K - £615K
Sold Prices/m²£3.5K/m² - £6.7K/m²

 

 

Square Metres

95 m²
Price/m²£4.7K/m²

Value Estimate

£463,500
BMV3%

 

 

End Value (After Refurb)

£539,046

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£50,258

Bridging Loan Interest

£11,813

Total Cash In

£201,021

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£539,046

Mortgage (After Refinance)

£404,285

Mortgage LTV

75%

Cash Released

£66,785

Cash Left In

£134,236

Equity

£134,762

Rent Range

£1,500 - £3,000

Rent Estimate

£2,421

Running Costs/mo

£2,189

Cashflow/mo

£232

Cashflow/yr

£2,787

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £260K to £615K, average is £494.3K. £3.5K/m² to £6.7K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£495K06/210.05 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£495K06/210.05 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£458K03/210.09 mi45, Wellington Road, Harrow, Greater London HA3 5SD3
£465K08/210.13 mi38, Graham Road, Wealdstone, Harrow, Greater London HA3 5RF3
£417K06/210.17 mi70, Graham Road, Harrow, Greater London HA3 5RG3
£480K04/210.2 mi34, Princes Drive, Harrow, Greater London HA1 1XH3
£605K09/230.2 mi16, Princes Drive, Harrow, Greater London HA1 1XH3
£468K09/210.2 mi77, Canning Road, Harrow, Greater London HA3 7SP3
£430K04/210.2 mi33, Locket Road, Wealdstone, Harrow, Greater London HA3 7ND3
£615K01/210.2 mi15, Earls Crescent, Harrow, Greater London HA1 1XL3
£260K03/230.21 mi28, Montrose Road, Harrow, Greater London HA3 7DU3
£558K08/210.22 mi22, Earls Crescent, Harrow, Greater London HA1 1XN3
£605K06/210.22 mi41, Spencer Road, Harrow, Greater London HA3 7AN3
£445K10/230.23 mi66, Peel Road, Harrow, Greater London HA3 7QU3
£607K06/230.23 mi6, Dukes Avenue, Harrow, Greater London HA1 1XW3
£462K11/200.24 mi70, Peel Road, Harrow, Greater London HA3 7QU3
£475K11/230.25 mi25a, Spencer Road, Harrow, Greater London HA3 7AN3
£517.5K06/210.25 mi11, Lorne Road, Harrow, Greater London HA3 7NH3
£505K10/200.26 mi47, Whitefriars Avenue, Harrow, Greater London HA3 5RQ3
£313K05/210.27 mi35a, Locket Road, Harrow, Greater London HA3 7NQ3
£482K11/220.28 mi57, Masons Avenue, Harrow, Greater London HA3 5AN3
£472.5K09/230.28 mi136, Byron Road, Wealdstone, Harrow, Greater London HA3 7TG3
£500K04/210.28 mi50, Lorne Road, Harrow, Greater London HA3 7NJ3
£530K07/210.29 mi92, Spencer Road, Harrow, Greater London HA3 7AR3
£480K05/230.3 mi99, Byron Road, Wealdstone, Harrow, Greater London HA3 7TB3
£595K05/210.31 mi61, Kings Way, Harrow, Greater London HA1 1XT3
£525K08/210.31 mi32, Walton Road, Harrow, Greater London HA1 4UT3
£425K10/200.32 mi50, The Broadway, Wealdstone, Harrow, Greater London HA3 7EH3
£500K03/230.32 mi277, Byron Road, Wealdstone, Harrow, Greater London HA3 7TE3
£508K01/210.32 mi283, Byron Road, Wealdstone, Harrow, Greater London HA3 7TE3
£457K11/200.33 mi3, Harkett Close, Harrow, Greater London HA3 7EY3
£460K04/210.33 mi77, Athelstone Road, Harrow, Greater London HA3 5NY3
£587.3K06/230.34 mi29, Stuart Road, Harrow, Greater London HA3 7RB3
£460K10/230.34 mi67, Byron Road, Wealdstone, Harrow, Greater London HA3 7SY3
£460K06/210.35 mi3, Harley Road, Harrow, Greater London HA1 4XF3
£585K08/230.35 mi7, Warham Road, Harrow, Greater London HA3 7JE3
£550K12/220.35 mi9, Warham Road, Harrow, Greater London HA3 7JE3
£527K06/210.35 mi54, Walton Road, Harrow, Greater London HA1 4UU3
£565K03/210.35 mi60, Walton Road, Harrow, Greater London HA1 4UU3
£427.5K02/210.38 mi51, Toorack Road, Harrow, Greater London HA3 5HR3
£493.5K12/200.39 mi86, Warham Road, Harrow, Greater London HA3 7HZ3
£540K09/220.4 mi204, Headstone Drive, Harrow, Greater London HA1 4UP3
£560K07/230.4 mi57, Risingholme Road, Harrow, Greater London HA3 7EP3
£450K10/200.4 mi41, Risingholme Road, Harrow, Greater London HA3 7EP3
£465K02/210.4 mi49, Risingholme Road, Harrow, Greater London HA3 7EP3
£505K02/210.4 mi61, Risingholme Road, Harrow, Greater London HA3 7EP3
£515K03/230.4 mi8, Harley Road, Harrow, Greater London HA1 4XG3
£471K05/230.4 mi32, Harley Road, Harrow, Greater London HA1 4XG3
£535K12/220.4 mi21, Wickham Road, Harrow, Greater London HA3 5PN3
£470K05/230.4 mi20, Risingholme Road, Harrow, Greater London HA3 7ER3

Local Rents

36 rents from £1.5K/mo to £3K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,45003/250.05 mi-3
£2,30012/240.07 mi-3
£1,85004/240.12 mi-3
£2,45004/240.19 mi-3
£2,95004/240.21 miEarl Crescent, HA13
£2,95004/240.21 miHarrow, HA13
£2,05004/240.24 miLorne Road, Harrow, Greater London, HA33
£2,00004/240.25 miWhitefriars Avenue, Harrow3
£2,25003/240.35 miSpencer Road, Harrow3
£1,80012/240.41 mi-3
£2,00003/250.41 mi-3
£2,40004/240.43 miWickham Road, Harrow, Middlesex HA33
£2,55004/240.43 mi-3
£1,65003/250.43 mi-3
£1,65001/250.43 mi-3
£1,65003/250.43 mi-3
£2,60012/240.45 mi-3
£2,42502/250.46 mi-3
£1,95002/250.47 mi-3
£2,40004/240.47 miHarrow View, HARROW3
£3,00004/240.48 miFarmstead Road, Harrow3
£2,10004/240.49 miSancroft Road Harrow HA33
£1,50003/250.49 mi-3
£2,45004/240.49 miTorver Road, Harrow3
£2,25003/250.51 mi-3
£2,45003/250.51 mi-3
£2,50004/240.52 mi-3
£2,10012/240.52 mi-3
£3,00001/230.55 miLowick Road, Harrow3
£2,10001/250.55 mi-3
£2,50003/250.57 mi-3
£2,30012/240.57 mi-3
£2,75004/240.58 miPark Crescent, HA33
£2,20004/240.59 mi-3
£2,10003/250.59 mi-3
£2,60004/240.6 miStation Road,3

Links

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

0.67 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £450,000

November 13, 2024

Sold for £237,500

2004

Sold for £105,000

1998

Floor Plans

Description

  • Well proportioned 3 bedroom terraces period house +
  • Great investment opportunity +
  • In need of modernisation +
  • Generous sized bedrooms +
  • Excellent location +
  • Large garden +

Well proportioned throughout, this 3 bedroom terraced house benefits from generous sized bedrooms, large garden, convenient location and is a great development potential.

Wolseley Road is well located for the fantastic range of amenities and transport links in Harrow.

Please use the reference CHPK1394114 when contacting Foxtons.

Agent Details

Foxtons, Pinner

020 3910 6583

Next Steps?

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

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