2 Bed Flat, Single Let, Harrow, HA2 8FL, £485,000

1 Sherwood Road, Harrow, HA2, HA2 8FL - 4 months ago

Leasehold
BTL
~78 m²
+8 photos

ValuationOvervalued

Sold Prices£82K - £530K
Sold Prices/m²£1.4K/m² - £8.9K/m²

 

 

Square Metres

~78.20 m²
Price/m²£6.2K/m²

Value Estimate

£399,783

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£121,250

Stamp Duty & Legal Fees

£39,700

Total Cash In

£160,950

 

 

Cash Out

 

Rent Range

£1,550 - £2,350

Rent Estimate

£1,725

Running Costs/mo

£1,881

Cashflow/mo

£-156

Cashflow/yr

£-1,867

Gross Yield

4%

Local Sold Prices

48 sold prices from £82K to £530K, average is £325K. £1.4K/m² to £8.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£256K12/200.12 mi72, Cowen Avenue, Harrow, Greater London HA2 0LU2
£256K12/200.12 mi72, Cowen Avenue, Harrow, Greater London HA2 0LU2
£325K03/230.19 mi18, Parkfield Road, Harrow, Greater London HA2 8LB2
£328.5K07/230.3 mi2, Fentiman Way, Harrow, Greater London HA2 8FD2
£310K03/230.3 mi9, Fentiman Way, Harrow, Greater London HA2 8FD2
£355K11/220.32 mi14, Fentiman Way, Harrow, Greater London HA2 8FD2
£355.7K09/230.32 mi27, Ashbourne Avenue, Harrow, Greater London HA2 0JS2
£372K06/230.33 mi117, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0PP2
£430K06/230.38 miFlat 6, Bermuda House, Mount Park Road, Harrow, Greater London HA1 3XH2
£295K06/210.41 mi127a, Kingsley Road, Harrow, Greater London HA2 8LF2
£296K03/210.43 mi24, Lower Road, Harrow, Greater London HA2 0DA2
£459.9K09/230.44 miFlat 6, Hamson Court, Brickfields, Harrow, Greater London HA2 0JG2
£150K06/210.46 mi9, Elmfield Close, Harrow, Greater London HA1 3TL2
£235K02/230.54 mi142, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AW2
£355K05/230.55 miFlat 31, Wendela Court, Sudbury Hill, Harrow, Greater London HA1 3NB2
£330K10/220.58 mi28, Alexandra Close, Harrow, Greater London HA2 8QA2
£333K08/230.6 mi168, Alexandra Avenue, Harrow, Greater London HA2 8PY2
£355K04/230.61 mi219, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN2
£310K03/210.61 mi237, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN2
£295K11/210.64 mi29, Jasmine Gardens, Harrow, Greater London HA2 9DE2
£280K10/200.64 mi14, Jasmine Gardens, Harrow, Greater London HA2 9DE2
£82K09/210.67 mi10, Farmborough Close, Harrow, Greater London HA1 3YG2
£330K02/230.67 mi11, Lance Road, Harrow, Greater London HA1 4BL2
£350K11/220.67 mi17, Rowe Walk, Harrow, Greater London HA2 9AB2
£125K12/220.68 mi25, Farmborough Close, Harrow, Greater London HA1 3YG2
£275K06/210.69 mi34, Rowe Walk, Harrow, Greater London HA2 9AB2
£325K03/210.69 mi15, Rowe Walk, Harrow, Greater London HA2 9AB2
£325K02/230.74 mi12, Alexandra Avenue, Harrow, Greater London HA2 8PG2
£320K02/210.74 mi39, Dorchester Road, Northolt, Greater London UB5 4PB2
£300K11/210.75 mi87a, Bessborough Road, Harrow, Greater London HA1 3DB2
£286K05/210.76 mi326a, Alexandra Avenue, Harrow, Greater London HA2 9DB2
£325K11/210.77 mi7, Dorchester Close, Northolt, Greater London UB5 4PE2
£340K05/230.77 mi8, Dorchester Close, Northolt, Greater London UB5 4PE2
£390K12/210.78 mi130, Butler Road, Harrow, Greater London HA1 4DX2
£285K01/210.78 mi299b, Alexandra Avenue, Harrow, Greater London HA2 9DX2
£334.6K04/230.84 mi75a, Butler Road, Harrow, Greater London HA1 4DS2
£387.5K10/230.84 mi39, Butler Road, Harrow, Greater London HA1 4DS2
£350K01/210.9 mi33, Butler Avenue, Harrow, Greater London HA1 4EJ2
£335K06/230.92 mi85, Petts Hill, Northolt, Greater London UB5 4NS2
£260K04/210.94 mi73, Wincanton Crescent, Northolt, Greater London UB5 4HQ2
£361K01/240.95 mi27a, Vaughan Road, Harrow, Greater London HA1 4DP2
£240K06/210.95 mi395a, Alexandra Avenue, Harrow, Greater London HA2 9EF2
£308K07/210.96 mi9, Carlton Close, Northolt, Greater London UB5 4LQ2
£370K12/200.96 mi42, Vaughan Road, Harrow, Greater London HA1 4EE2
£530K06/230.97 miFlat 7, Appin Court, Roxborough Park, Harrow, Greater London HA1 3BJ2
£342.5K12/220.97 mi227, The Ridgeway, North Harrow, Harrow, Greater London HA2 7DA2
£315K11/200.99 mi60, Beechcroft Avenue, Harrow, Greater London HA2 7JF2
£307.5K11/201 mi19, Wood End Lane, Northolt, Greater London UB5 4JN2

Local Rents

50 rents from £1.6K/mo to £2.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.06 miOsbury Court, 52 Northolt Road, Harrow, Greater London, HA22
£1,85002/240.09 miNortholt Road, South Harrow, Harrow, HA22
£1,70004/240.17 mi-2
£1,85002/250.18 mi-2
£1,80004/250.18 mi-2
£1,75001/250.18 mi-2
£1,80001/240.19 miHarrow2
£1,72504/250.24 mi-2
£1,80003/250.25 mi-2
£1,90004/250.25 mi-2
£1,95004/240.27 mi-2
£2,25004/240.27 mi-2
£1,77501/250.28 mi-2
£1,67502/250.28 mi-2
£1,70002/250.29 mi-2
£1,75012/240.31 mi-2
£1,87512/240.32 mi-2
£1,79512/240.32 mi-2
£2,00004/240.32 miAshbourne Avenue, Harrow, HA22
£2,00002/240.32 miAshbourne Avenue, Harrow2
£2,35012/240.32 mi-2
£2,30012/240.32 mi-2
£2,20012/240.32 mi-2
£2,00012/240.32 mi-2
£2,00012/240.32 mi-2
£1,85003/250.33 mi-2
£1,67512/240.33 mi-2
£2,30004/240.35 mi-2
£2,20012/240.35 mi-2
£1,89504/240.36 mi-2
£1,70004/240.36 mi-2
£1,80012/240.37 mi-2
£1,80004/250.37 mi-2
£1,80012/240.41 mi-2
£2,00002/240.42 miRoxeth Hill, Harrow, HA22
£1,85003/240.43 miBrickfields, Harrow, Middlesex, HA22
£1,85012/240.43 mi-2
£1,95004/240.44 miCottage Close, Harrow, HA22
£1,85004/240.44 miCottage Close, Harrow, Middlesex, HA22
£1,55004/240.44 miCorbins Lane, South Harrow, HA2 8EN2
£1,85012/240.46 mi-2
£1,80012/240.46 mi-2
£1,80001/250.46 mi-2
£1,85001/250.46 mi-2
£1,75004/250.46 mi-2
£1,72504/240.51 mi-2
£1,77512/240.51 mi-2
£1,77504/240.51 miChyngton Court, Harrow, HA12
£2,10004/240.52 miSudbury Hill, Harrow on the Hill, Harrow, HA12
£2,20004/240.52 miParkside, London Road, Harrow on the Hill2

Local Area Statistics

Population in HA2

55,273

Population in Harrow

164,559

Town centre distance

1.58 miles away

Nearest school

0.40 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Price changed to £485,000

February 12, 2025

Listed for £495,000

December 7, 2024

Floor Plans

Description

  • 2 Double Bedroom Fifth Floor Apartment +
  • Extensive Views From The Balcony +
  • In Immaculate Condition Throughout +
  • UPVC Double Glazed And GRCH +
  • Light And Airy Rooms +
  • Secure Gated Car Park +
  • Low Service Charge +
  • Viewing Highly Recommended +

The Property
We are delighted to present this superbly maintained fifth-floor apartment, now ready for immediate occupation. Situated in a highly desirable and secure gated development, this property offers light-filled and generously proportioned living spaces, ideal for modern living.

Upon entering, you are greeted by a welcoming entrance hallway with ample storage, leading to:

- A spacious living room with direct access to a private balcony, perfect for enjoying extensive views or unwinding with a morning coffee.
- A modern, well-equipped kitchen featuring contemporary fittings and plenty of workspaces, ideal for keen cooks and casual dining alike.
- Two double bedrooms, both offering ample space for relaxation, with room for wardrobes or additional furnishings.
- A sleek and stylish bathroom, fitted to a high standard.

This apartment is bathed in natural light throughout the day, benefiting from a south, west, and east-facing aspect. This rare and sought-after feature ensures bright and airy interiors from sunrise to sunset.

The apartment also benefits from gas radiator central heating, double-glazed windows, a common garden/playground, and secure gated parking (parking spot included), ensuring comfort and convenience. With a very reasonable service charge and its ready-to-move-in condition, this home is a fantastic opportunity for first-time buyers, professionals, or investors.

Early viewing is highly recommended to appreciate all this apartment has to offer. Don’t miss the chance to secure your place in this sought-after development!

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 01/01/2270

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?

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