3 Bed Terraced House, Refurb/BRRR, Stanmore, HA7 3RG, £725,000

Temple Mead Close, Stanmore, HA7 3RG - 3 views - 4 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£420K - £1.1M
Sold Prices/m²£3.9K/m² - £9.2K/m²

 

 

Square Metres

~93 m²
Price/m²£7.8K/m²

Value Estimate

£591,833

 

 

End Value (After Refurb)

£583,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£181,250

Stamp Duty & Legal Fees

£46,700

Refurb Costs

£49,200

Bridging Loan Interest

£19,031

Total Cash In

£297,931

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£583,750

Mortgage (After Refinance)

£437,813

Mortgage LTV

75%

Cash Left In

£297,931

Equity

£145,938

Rent Range

£1,995 - £4,500

Rent Estimate

£2,683

Running Costs/mo

£2,381

Cashflow/mo

£302

Cashflow/yr

£3,626

ROI

1%

Gross Yield

4%

Local Sold Prices

50 sold prices from £420K to £1.1M, average is £581.1K. £3.9K/m² to £9.2K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£563K01/230 mi31, Temple Mead Close, Stanmore, Greater London HA7 3RG3
£815K12/220 mi40, Temple Mead Close, Stanmore, Greater London HA7 3RG3
£680K10/220.04 mi4, Capuchin Close, Stanmore, Greater London HA7 3RL3
£735K08/230.04 mi1, Capuchin Close, Stanmore, Greater London HA7 3RL3
£600K03/210.15 mi50, Sunningdale Close, Stanmore, Greater London HA7 3QL3
£622.5K08/230.2 mi42, Lady Aylesford Avenue, Stanmore, Greater London HA7 4FH3
£700K02/210.22 mi7, The Chase, Stanmore, Greater London HA7 3RX3
£465K08/220.25 mi11, Caroline Court, Stanmore, Greater London HA7 3ST3
£800K11/210.31 mi3, Tudor Well Close, Stanmore, Greater London HA7 2SD3
£600K06/210.31 mi72, Elm Park, Stanmore, Greater London HA7 4BQ3
£669K02/210.31 mi80, Elm Park, Stanmore, Greater London HA7 4BQ3
£490K07/230.32 mi18, Courtens Mews, Stanmore, Greater London HA7 2SP3
£532.5K06/210.32 mi19, Courtens Mews, Stanmore, Greater London HA7 2SP3
£760K12/220.33 mi64, Old Church Lane, Stanmore, Greater London HA7 2RP3
£545.3K10/200.43 mi17, Nelson Road, Stanmore, Greater London HA7 4ES3
£910K10/220.44 mi50, Silverston Way, Stanmore, Greater London HA7 4HR3
£650K10/200.44 mi22, Glebe Road, Stanmore, Greater London HA7 4EL3
£795K10/230.44 mi40, Glebe Road, Stanmore, Greater London HA7 4EL3
£705K03/210.44 mi27, Glebe Road, Stanmore, Greater London HA7 4EJ3
£770K06/210.45 mi5, Chartley Avenue, Stanmore, Greater London HA7 3RA3
£502K02/230.45 mi3, Castellane Close, Stanmore, Greater London HA7 3TN3
£532K05/210.45 mi32, Beatty Road, Stanmore, Greater London HA7 4EU3
£535K10/200.45 mi14, Daventer Drive, Stanmore, Greater London HA7 3TJ3
£540K01/210.45 mi7, Daventer Drive, Stanmore, Greater London HA7 3TJ3
£650K08/220.45 mi10, Daventer Drive, Stanmore, Greater London HA7 3TJ3
£575K02/210.47 mi11, Honister Gardens, Stanmore, Greater London HA7 2EH3
£420K05/230.47 mi39, Honister Gardens, Stanmore, Greater London HA7 2EH3
£511K05/210.48 mi9, Caddis Close, Stanmore, Greater London HA7 3TL3
£1.1M01/230.48 mi18, Winscombe Way, Stanmore, Greater London HA7 3AU3
£535K10/210.48 mi79, The Highway, Stanmore, Greater London HA7 3PL3
£560K07/230.48 mi39, The Highway, Stanmore, Greater London HA7 3PL3
£722K04/210.49 mi11, Silverston Way, Stanmore, Greater London HA7 4HS3
£462.5K11/200.5 mi136, Gordon Avenue, Stanmore, Greater London HA7 3QX3
£564K04/210.51 mi24, Woodlands Drive, Stanmore, Greater London HA7 3PA3
£510K07/220.51 mi72, Woodlands Drive, Stanmore, Greater London HA7 3PA3
£575K12/200.51 mi55, Vernon Drive, Stanmore, Greater London HA7 2BW3
£630K11/200.52 mi23, Vernon Drive, Stanmore, Greater London HA7 2BP3
£1.1M03/210.52 mi53, Embry Way, Stanmore, Greater London HA7 3AY3
£570K11/200.53 mi42, Drummond Drive, Stanmore, Greater London HA7 3PD3
£490K01/210.54 mi9, Newbolt Road, Stanmore, Greater London HA7 3LT3
£555K12/230.55 mi22, Woodcroft Avenue, Stanmore, Greater London HA7 3PS3
£715K06/210.55 mi4, Woodcroft Avenue, Stanmore, Greater London HA7 3PS3
£630K02/210.55 mi3, Marsh Lane, Stanmore, Greater London HA7 4TF3
£686K06/210.56 mi170, Marsh Lane, Stanmore, Greater London HA7 4HU3
£475K03/210.56 mi7, Masefield Avenue, Stanmore, Greater London HA7 3LU3
£603K05/230.58 mi93, Wemborough Road, Stanmore, Greater London HA7 2ED3
£550K11/210.58 mi55, Drummond Drive, Stanmore, Greater London HA7 3PH3
£490K12/200.58 mi12, Flecker Close, Stanmore, Greater London HA7 3LX3
£580K10/220.59 mi7, Sitwell Grove, Stanmore, Greater London HA7 3NB3
£582.3K06/210.59 mi60, Bellamy Drive, Stanmore, Greater London HA7 2DA3

Local Rents

24 rents from £2K/mo to £4.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50004/240.13 miGleneagles, Stanmore, HA73
£2,65003/250.33 mi-3
£2,30004/240.41 miTracy Court, Stanmore, HA73
£2,30012/240.41 mi-3
£2,30002/240.42 miGreen Lane, Stanmore, HA73
£3,55004/240.43 miSilverston Way Stanmore HA73
£3,55012/240.44 mi-3
£3,55004/240.44 miSilverston Way, Stanmore, HA73
£3,55004/240.44 miSilverston Way, Stanmore3
£2,40004/240.44 mi-3
£2,50012/240.44 mi-3
£2,35004/240.46 miNelson Road, Stanmore3
£2,50004/240.48 miBeatty Road, Stanmore, HA73
£2,40012/240.5 mi-3
£2,60001/250.51 mi-3
£2,25004/240.53 miStanmore, Harrow, HA73
£4,50001/250.55 mi-3
£2,50012/240.55 mi-3
£2,30004/240.55 miWoodcroft Avenue, Stanmore, HA73
£2,30012/240.55 mi-3
£2,50004/250.58 mi-3
£2,55004/240.59 miStanmore, Harrow, HA73
£2,80004/250.6 mi-3
£1,99502/250.61 mi-3

Local Area Statistics

Population in HA7

35,976

Town centre distance

0.20 miles away

Nearest school

0.50 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-40%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £725,000

December 2, 2024

Floor Plans

Description

  • Quiet Cul-De-Sac Location Backing Onto Brook +
  • Some Scope For Modernisation +
  • Bright And Spacious Dual Aspect Reception Room +
  • Separate Well Equipped Kitchen +
  • Upstairs Bathroom And Ground Floor WC +
  • Well Proportioned Three Bedroom Terraced House +
  • Private Garden And Garage +
  • No Chain +
  • Close To Transport Links, Schools And Amenities +
    • BOOK YOUR VIEWING ONLINE! * +

The Property
Well proportioned three bedroom terraced family home with garage en bloc, conveniently situated in a quiet cul-de-sac setting, backing onto a delightful brook, within easy reach of transport links, schools and amenities. The property, offered to the market with no onward chain, would benefit from some cosmetic updating, but offers bright, well planned accommodation with neutral interiors throughout - the perfect base for modern family life. Features include a generous dual aspect reception room, separate well equipped kitchen, upstairs bathroom and ground floor WC, ample inbuilt storage, gas central heating, and double glazing.

Accommodation comprises entrance hall with access to guest WC, leading into the bright and spacious double length reception room with attractive bay window to front and door to the rear onto the garden. The separate kitchen comprises a range of matching wall and base units with work surfaces incorporating inset sink unit, gas hob with overhead extractor, electric oven, and further space for appliances. To the first floor, there are three well proportioned bedrooms - two doubles and a further single/study - plus a family bathroom.

The property is superbly located within easy reach of Stanmore station (Jubilee line), as well as numerous regular bus routes, all providing exceptional links into Central London and to the surrounding area. Stanmore Broadway is also within a short distance providing a variety of shops, and amenities, and the area is well served by good local schools and beautiful open spaces. Stanmore Golf Club is also literally on the doorstep.

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Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Harrow

020 3909 9814

Next Steps?

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