2 Bed Terraced House, Refurb/BRRR, Harrow, HA1 3ET, £499,995

16b Nelson Road, Harrow On the Hill, HA1 3ET - 1 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£300K - £795K
Sold Prices/m²£3.3K/m² - £9.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.3K/m²

Value Estimate

£468,263

 

 

End Value (After Refurb)

£478,183

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£124,999

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£36,080

Bridging Loan Interest

£13,125

Total Cash In

£206,654

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£478,183

Mortgage (After Refinance)

£358,637

Mortgage LTV

75%

Cash Left In

£206,654

Equity

£119,546

Rent Range

£1,600 - £3,000

Rent Estimate

£2,023

Running Costs/mo

£1,919

Cashflow/mo

£104

Cashflow/yr

£1,249

ROI

1%

Gross Yield

5%

Local Sold Prices

39 sold prices from £300K to £795K, average is £510K. £3.3K/m² to £9.4K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£555K10/220.01 mi34, Nelson Road, Harrow, Greater London HA1 3ET2
£600K11/220.01 mi2, Nelson Road, Harrow, Greater London HA1 3ET2
£516.5K03/210.01 mi31, Nelson Road, Harrow, Greater London HA1 3ET2
£537K03/210.01 mi8, Nelson Road, Harrow, Greater London HA1 3ET2
£575K11/200.02 mi9, Trafalgar Terrace, Harrow, Greater London HA1 3EU2
£527.5K11/220.02 mi7, Trafalgar Terrace, Harrow, Greater London HA1 3EU2
£795K12/200.08 mi14, Wellington Terrace, Harrow, Greater London HA1 3EP2
£492.5K10/220.09 mi2, Victoria Terrace, Harrow, Greater London HA1 3EW2
£650K03/210.11 mi20, Crown Street, Harrow, Greater London HA2 0HR2
£430K02/230.11 mi28, Crown Street, Harrow, Greater London HA2 0HR2
£440K02/230.11 mi1, Crown Street, Harrow, Greater London HA2 0HT2
£485K06/210.13 mi11, Waldron Road, Harrow, Greater London HA2 0HU2
£531K07/230.15 mi16, Kingsfield Road, Harrow, Greater London HA1 3DD2
£610K12/220.15 mi10, Kingsfield Road, Harrow, Greater London HA1 3DD2
£525K03/210.23 mi16, Lower Road, Harrow, Greater London HA2 0DA2
£455K02/210.23 miLink House, Roxborough Avenue, Harrow, Greater London HA1 3BU2
£475K05/230.29 mi19, Middle Road, Harrow, Greater London HA2 0HW2
£410K01/240.3 mi44, Middle Road, Harrow, Greater London HA2 0HL2
£445K12/220.33 mi25, Roxeth Hill, Harrow, Greater London HA2 0JY2
£440K02/210.33 mi23, Roxeth Hill, Harrow, Greater London HA2 0JY2
£480K12/200.38 mi17, The Crescent, Harrow, Greater London HA2 0PJ2
£440K11/200.38 mi1, The Crescent, Harrow, Greater London HA2 0PJ2
£330K04/230.5 mi101, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0PP2
£365K02/230.58 mi85, Pinner Road, Harrow, Greater London HA1 4ET2
£498K10/210.64 mi8, St Kildas Road, Harrow, Greater London HA1 1QA2
£335K10/220.64 mi155, Pinner Road, Harrow, Greater London HA1 4EU2
£416.5K12/200.69 mi91, Stanley Road, Harrow, Greater London HA2 8AY2
£423K12/200.7 mi20, Sherwood Road, Harrow, Greater London HA2 8AR2
£300K11/220.73 mi36, South Hill Avenue, Harrow, Greater London HA2 0NQ2
£640K12/230.8 mi23, South Hill Avenue, Harrow, Greater London HA2 0NN2
£556K04/220.87 mi98, Fernbrook Drive, Harrow, Greater London HA2 7ED2
£520K10/230.87 mi126, Fernbrook Drive, Harrow, Greater London HA2 7ED2
£540K01/230.91 mi73, Eastcote Lane, Harrow, Greater London HA2 8DE2
£525K06/210.94 mi7, Fernbrook Drive, Harrow, Greater London HA2 7EE2
£542.1K06/210.94 mi5, Fernbrook Drive, Harrow, Greater London HA2 7EE2
£585K01/230.94 mi41, Fernbrook Drive, Harrow, Greater London HA2 7EE2
£575K10/230.96 mi38, Fernbrook Drive, Harrow, Greater London HA2 7EB2
£510K04/211 mi72, Romney Close, Harrow, Greater London HA2 7EH2
£410K10/221 mi88, Greenford Road, Harrow, Greater London HA1 3QL2

Local Rents

51 rents from £1.6K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,00004/240 miNelson Road, Harrow on the Hill, HA1 3ET2
£1,89501/240.11 miHarrow On The Hill HA22
£1,80004/240.16 miLeigh Court, Byron Hill Road, Harrow on the Hill2
£2,29502/250.16 mi-2
£1,90001/250.17 mi-2
£1,85004/240.18 miDrummond Court, Roxborough Park, Harrow on the Hill2
£1,89001/250.18 mi-2
£2,15012/240.2 mi-2
£1,80012/240.26 mi-2
£1,89504/240.29 mi-2
£1,85012/240.3 mi-2
£1,85003/240.3 miBrickfields, Harrow, Middlesex, HA22
£1,67512/240.31 mi-2
£2,00002/240.32 miRoxeth Hill, Harrow, HA22
£1,80004/240.34 mi-2
£1,80004/240.34 mi-2
£2,00004/240.37 miAshbourne Avenue, Harrow, HA22
£2,00002/240.38 miAshbourne Avenue, Harrow2
£1,85004/240.38 miCottage Close, Harrow, Middlesex, HA22
£1,95004/240.38 miCottage Close, Harrow, HA22
£2,25004/240.38 mi-2
£1,95004/240.38 mi-2
£1,80003/250.39 mi-2
£1,90003/250.39 mi-2
£1,75004/240.4 mi-2
£1,60004/240.41 miBowen Road, Harrow, Middlesex, HA1 4DQ2
£2,00004/240.42 mi-2
£2,20004/240.43 miParkside, London Road, Harrow on the Hill2
£1,72504/240.43 mi-2
£1,77512/240.43 mi-2
£1,77504/240.43 miChyngton Court, Harrow, HA12
£1,72504/240.43 miVaughn Road, Harrow, HA12
£1,70004/240.44 mi-2
£1,85003/250.44 mi-2
£1,75012/240.46 mi-2
£1,89503/250.47 mi-2
£2,00004/240.48 mi-2
£2,15002/250.48 mi-2
£2,10004/240.48 miSudbury Hill, Harrow on the Hill, Harrow, HA12
£2,39802/250.5 mi-2
£1,80004/240.5 mi19 Pinner Road, Harrow on Hill2
£2,02804/240.5 miCollege Road Harrow HA12
£1,92404/240.5 miCollege Road Harrow HA12
£2,15004/240.5 miHarrow on the hill, HA12
£2,15004/240.5 miHarrow on the hill, HA12
£2,40004/240.5 miPerceval Square, Harrow, HA12
£1,80004/240.5 miTrident Point Pinner Road, Harrow2
£2,19502/250.5 mi-2
£3,00003/250.5 mi-2
£2,10002/250.5 mi-2
£2,50012/240.5 mi-2

Local Area Statistics

Population in HA1

38,441

Population in Harrow

164,559

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Buyer's market

Capital growth (5yrs)

+22%

Property History

Price changed to £499,995

December 5, 2024

Listed for £525,000

November 18, 2024

Floor Plans

Description

  • 2 DOUBLE BEDROOM PERIOD COTTAGE +
  • 2 SEPARATE RECEPTION ROOMS +
  • LARGER THAN AVERAGE +
  • PICTURESQUE & SOUGHT AFTER CUL DE SAC +
  • IN NEED OF SYMPATHETIC UPDATING & DECORATION +
  • PRETTY WALLED GARDEN +
  • PRIVATE SECURE ACCESS TO REAR GARDEN +
  • LARGE FIRST FLOOR BATHROOM +
  • NO UPPER CHAIN +

A larger than average 2 double bedroom, 2 reception room cottage with its own secure passage way leading to the back garden. The property dates from the mid 1800s and is situated in one of the villages most picturesque streets with views overlooking Harrow School cricket fields to the rear.
The property has retained much of its original character and period features although it is now in need of some sympathetic modernisation & re decoration.

The cottage boasts 2 separate reception rooms with fireplaces, generous kitchen with access to the charming walled garden. To the first floor there are 2 good sized bedrooms and a large bathroom. Scope for a loft conversion subject to usual consents.

A short walk over Church Fields to Harrow on the Hill Metropolitan/Chiltern Line train station and attendant shopping facilities.

The village has a variety of upmarket bars and restaurants for entertaining and open spaces for recreation. Harrow town centre is nearby with a choice of supermarkets and 2 covered shopping centres. There are also many highly regarded private, state schools and church schools nearby, including St Anselms Catholic Primary School, Orley Farm Preparatory school, John Lyon School and the world renowned Harrow School.

Front Door -

Lounge -

Dining Room -

Kitchen -

Stairs To First Floor -

Landing -

Bedroom One -

Bedroom Two -

Bathroom -

Walled Rear Garden -

To Front Of Property -

Door Leading To Rear Garden -

Epc Rating D -

Council Tax Band E -

Agent Details

Wilson Hawkins, Harrow on the Hill

020 3835 5667

Next Steps?

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