3 Bed Semi-Detached House, Refurb/BRRR, Northwood, HA6 1NH, £650,000

Rochester Road, Northwood, HA6 1NH - 3 views - 4 months ago

Sold STC
Refurb/BRRR
Planning
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£375K - £730K
Sold Prices/m²£4.4K/m² - £10.5K/m²

 

 

Square Metres

~93 m²
Price/m²£7K/m²

Value Estimate

£561,402

 

 

End Value (After Refurb)

£632,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£43,896

Refurb Costs

£49,214

Bridging Loan Interest

£17,063

Total Cash In

£274,422

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£632,500

Mortgage (After Refinance)

£474,375

Mortgage LTV

75%

Cash Left In

£274,422

Equity

£158,125

Rent Range

£1,700 - £3,000

Rent Estimate

£2,218

Running Costs/mo

£2,440

Cashflow/mo

£-222

Cashflow/yr

£-2,666

Gross Yield

4%

Local Sold Prices

50 sold prices from £375K to £730K, average is £585K. £4.4K/m² to £10.5K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£667.5K12/200.03 mi25, Rochester Road, Northwood, Greater London HA6 1NJ3
£610K01/210.06 mi32, Lincoln Road, Northwood, Greater London HA6 1LD3
£625K08/210.06 mi44, Lincoln Road, Northwood, Greater London HA6 1LD3
£567.4K06/230.06 mi26, Lincoln Road, Northwood, Greater London HA6 1LD3
£625K11/200.06 mi18, Lincoln Road, Northwood, Greater London HA6 1LD3
£582K11/200.07 mi58, Norwich Road, Northwood, Greater London HA6 1NF3
£715K10/200.09 mi28, Cranbourne Road, Northwood, Greater London HA6 1JY3
£600K06/210.09 mi40, Cranbourne Road, Northwood, Greater London HA6 1JY3
£695K09/230.09 mi34, Cranbourne Road, Northwood, Greater London HA6 1JY3
£685K10/200.11 mi25, Cranbourne Road, Northwood, Greater London HA6 1JX3
£640K06/230.11 mi3, Cranbourne Road, Northwood, Greater London HA6 1JX3
£650K01/230.15 mi77, Highland Road, Northwood, Greater London HA6 1JS3
£730K08/230.15 mi16, Norwich Road, Northwood, Greater London HA6 1NB3
£645K08/220.17 mi18, Winchester Road, Northwood, Greater London HA6 1JF3
£625K02/210.21 mi10, York Road, Northwood, Greater London HA6 1JH3
£645K04/210.24 mi7, Lichfield Road, Northwood, Greater London HA6 1LY3
£610K04/210.25 mi142, Joel Street, Northwood, Greater London HA6 1NL3
£650K12/200.25 mi148, Joel Street, Northwood, Greater London HA6 1NL3
£590K01/240.26 mi162, Joel Street, Pinner, Greater London HA5 2PE3
£606K06/210.26 mi160, Joel Street, Pinner, Greater London HA5 2PE3
£700K08/230.3 mi1, Chippenham Close, Pinner, Greater London HA5 2NF3
£540K12/200.3 mi4, Chippenham Close, Pinner, Greater London HA5 2NF3
£555K08/230.3 mi11, Chippenham Close, Pinner, Greater London HA5 2NF3
£465K12/200.3 mi20, Wyevale Close, Pinner, Greater London HA5 2QE3
£565K12/220.34 mi14, Highland Road, Northwood, Greater London HA6 1JT3
£600K03/230.34 mi155, Joel Street, Pinner, Greater London HA5 2PD3
£545K09/230.36 mi29, Malmesbury Close, Pinner, Greater London HA5 2NG3
£585K10/200.44 mi29, Middleton Drive, Pinner, Greater London HA5 2PQ3
£605K07/220.44 mi26, Ferndown, Northwood, Greater London HA6 1PH3
£495K08/220.45 mi13, Chamberlain Lane, Pinner, Greater London HA5 2PH3
£611.1K06/230.46 mi22, Farmlands, Pinner, Greater London HA5 2LW3
£555K05/210.46 mi34, Farmlands, Pinner, Greater London HA5 2LW3
£565K03/210.46 mi35, Farmlands, Pinner, Greater London HA5 2LW3
£530K02/210.49 mi57, Farmlands, Pinner, Greater London HA5 2LN3
£517K02/210.49 mi107, Tolcarne Drive, Pinner, Greater London HA5 2DJ3
£550K10/230.52 mi10, Knoll Crescent, Northwood, Greater London HA6 1HJ3
£425K03/210.52 mi27, Knoll Crescent, Northwood, Greater London HA6 1HH3
£532.5K06/210.52 mi27, Knoll Crescent, Northwood, Greater London HA6 1HH3
£540K05/220.53 mi67, Knoll Crescent, Northwood, Greater London HA6 1HH3
£375K08/230.53 mi33, Coniston Gardens, Pinner, Greater London HA5 2JJ3
£650K01/240.53 mi35, Coniston Gardens, Pinner, Greater London HA5 2JJ3
£585K11/200.54 mi4, Coniston Gardens, Pinner, Greater London HA5 2JL3
£553K08/220.54 mi35, Hazelwood Drive, Pinner, Greater London HA5 3TU3
£580K05/220.57 mi24, Acre Way, Northwood, Greater London HA6 1ST3
£495K03/210.57 mi25, Coniston Gardens, Pinner, Greater London HA5 2JN3
£530K10/230.57 mi17, Coniston Gardens, Pinner, Greater London HA5 2JN3
£525K12/200.57 mi12, Maybank Gardens, Pinner, Greater London HA5 2JW3
£450K09/210.58 mi10, Addison Way, Northwood, Greater London HA6 1SR3
£625K06/210.59 mi20, Gladsdale Drive, Pinner, Greater London HA5 2PP3
£510K04/210.61 mi24, Hilliard Road, Northwood, Greater London HA6 1SN3

Local Rents

22 rents from £1.7K/mo to £3K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,40004/240.01 miRochester Road3
£2,45012/240.2 mi-3
£2,50012/240.2 mi-3
£2,50001/250.2 mi-3
£2,40001/250.2 mi-3
£1,85004/240.23 mi-3
£1,85004/240.28 miLichfield Road, Northwood, Middlesex, HA63
£2,10004/240.28 mi-3
£2,20004/240.35 mi-3
£2,10004/240.35 miNorthwood, Harrow, HA63
£2,50004/240.42 miMiddleton Drive, Pinner, HA53
£2,60003/250.46 mi-3
£2,40001/250.52 mi-3
£2,30004/240.52 miHarlyn Drive, Pinner3
£2,25004/240.52 miNorthwood HA63
£2,00004/240.53 miNorthwood, HA6, HA63
£1,70004/240.53 miHaydon Drive, Pinner, HA53
£3,00003/250.55 mi-3
£2,30004/240.55 miHarltyn Drive, Pinner, HA53
£2,30005/240.55 mi-3
£2,50004/240.56 miHilliard Road, Northwood, HA63
£2,20003/250.56 mi-3

Local Area Statistics

Population in HA6

21,901

Town centre distance

1.32 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Buyer's market

Property History

Price changed to £650,000

January 23, 2025

Listed for £689,950

November 25, 2024

Floor Plans

Description

  • Chain free +
  • Semi detached property +
  • Three bedrooms +
  • Living room +
  • Dining room +
  • Kitchen +
  • Family bathroom +
  • Garden +
  • Off street parking +
  • Scope to extend +

This chain free, semi detached home offers a fantastic opportunity for buyers looking to add their own personal touch. The property features three bedrooms, two reception rooms, and a spacious rear garden. A large driveway with an attached carport provides ample parking and storage space. Situated in a quiet residential area, the house holds excellent potential for future extensions (subject to planning permission).

Property - This charming three bedroom semi detached home offers an exciting opportunity for buyers seeking a property to renovate and customise to their own taste. Spread over two floors, the ground floor features a spacious living room, a separate dining room, and a kitchen with access to the rear. Upstairs, three well proportioned bedrooms are accompanied by a family bathroom. The property benefits from a carport and a porch area at the front, providing additional convenience and storage options. There is excellent potential to extend or reconfigure (subject to planning permissions), making it an ideal choice for those looking to create their dream home. Located in a sought-after area, this property is brimming with possibilities and ready for a new chapter.

Outside - This appealing semi-detached home boasts a classic exterior, featuring a charming pitched roof and a brick and render façade that complements the quiet residential street. The property benefits from a spacious driveway, providing ample off-street parking, as well as a carport for additional storage or parking options. To the rear, the generous garden offers a mix of lawn and patio areas, providing the perfect canvas for outdoor entertaining, gardening, or family activities. A detached outbuilding at the rear of the garden adds further versatility, ideal for storage or potential conversion (subject to permissions). This property offers a wealth of possibilities for enhancement and modernisation, both inside and out, making it an excellent opportunity to create a truly bespoke family home.

Location - Rochester Road is conveniently located moments from Northwood Hills high streets offering a selection of cafes, restaurants and shopping amenities. The Metropolitan line station is along the high street and provides routes into London, Watford and Harrow on the Hill. For families Haydon school is a short walk away and offers Secondary and Sixth form level education. Coteford and Harlyn Primary schools are also both nearby and within walking distance.

Agent Details

Coopers, Ruislip

01895 542570

Next Steps?

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

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