6 Bed HMO, London, NW9 5LX, £695,000

,, NW9 5LX - 94 views - 4 months ago

HMO
ROI: 8%
~186 m²
+5 photos

ValuationUndervalued

Sold Prices£580K - £3.4M
Sold Prices/m²£3.2K/m² - £16.9K/m²

 

 

Square Metres

~186 m²
Price/m²£3.7K/m²

Value Estimate

£840,950
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£173,750

Stamp Duty & Legal Fees

£44,300

Total Cash In

£218,050

 

 

Cash Out

 

Room Rate

£949

Gross Rent

£5,694

Running Costs/mo

£4,172

Cashflow/mo

£1,522

Cashflow/yr

£18,267

ROI

8%

Gross Yield

10%

Local Sold Prices

50 sold prices from £580K to £3.4M, average is £1.6M. £3.2K/m² to £16.9K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£1.8M11/200.88 mi48, Downage, London, Greater London NW4 1AH6
£1.9M10/220.91 mi72, Downage, London, Greater London NW4 1HP6
£2.1M09/220.92 mi14, Parkside, London, Greater London NW7 2LH6
£2.6M09/210.95 mi31, Sherwood Road, London, Greater London NW4 1AE6
£900K01/210.98 mi80, Flower Lane, London, Greater London NW7 2JL6
£1.3M06/210.99 mi20, Vaughan Avenue, London, Greater London NW4 4HU6
£1.9M11/231.03 mi19, Prothero Gardens, London, Greater London NW4 3SJ6
£1.6M06/211.05 mi34, Manor Hall Avenue, London, Greater London NW4 1NX6
£1.2M01/231.08 mi11a, Talbot Crescent, London, Greater London NW4 4PD6
£2.8M04/211.19 mi30, Cedars Close, London, Greater London NW4 1TR6
£1.8M08/211.24 mi4, Tenterden Gardens, London, Greater London NW4 1TE6
£1.0M07/231.33 mi28, Sevington Road, London, Greater London NW4 3RX6
£2.1M07/231.47 mi1, Engel Park, London, Greater London NW7 2HE6
£1.2M12/221.5 mi44, Brent Street, London, Greater London NW4 2ET6
£1.4M06/221.52 mi12, Green Walk, London, Greater London NW4 2AJ6
£1.6M07/231.52 mi2, Green Walk, London, Greater London NW4 2AJ6
£1.4M02/211.54 mi17, Windsor Road, London, Greater London N3 3SN6
£1.8M02/231.55 mi133, Millway, London, Greater London NW7 3JL6
£1.6M01/221.55 mi7, Parklands Drive, London, Greater London N3 3HA6
£1.3M08/231.56 mi24, Shirehall Lane, London, Greater London NW4 2PD6
£1.6M10/201.57 mi122, Hendon Lane, London, Greater London N3 3SJ6
£1.2M11/201.57 mi8, Bittacy Park Avenue, London, Greater London NW7 2HA6
£950K12/201.62 mi5, Selvage Lane, London, Greater London NW7 3SS6
£1.3M11/221.62 mi7, Selvage Lane, London, Greater London NW7 3SS6
£1.6M02/211.63 mi47, Allandale Avenue, London, Greater London N3 3PY6
£1.4M02/211.63 mi39, Lawrence Avenue, London, Greater London NW7 4NL6
£1.6M11/221.66 mi58, Shirehall Park, London, Greater London NW4 2QX6
£2.5M05/221.66 mi3, Fairholme Close, London, Greater London N3 3EE6
£3.3M05/221.7 mi6, Havanna Drive, London, Greater London NW11 9BB6
£1.8M03/211.71 mi34, Fairholme Gardens, London, Greater London N3 3EB6
£1.5M08/211.71 mi4, Reddings Close, London, Greater London NW7 4JL6
£1.9M02/211.74 mi8, Allandale Avenue, London, Greater London N3 3PJ6
£1.8M03/211.76 mi23, Haslemere Gardens, London, Greater London N3 3EA6
£1.1M01/231.76 mi9, The Reddings, London, Greater London NW7 4JN6
£1.2M09/221.77 mi16, The Reddings, London, Greater London NW7 4JR6
£1.8M02/231.79 mi40, Marsh Lane, London, Greater London NW7 4QH6
£3.4M12/221.79 mi18, Arden Road, London, Greater London N3 3AN6
£2.2M12/221.8 mi28, Dollis Avenue, London, Greater London N3 1DB6
£2.5M02/231.82 mi22, Dollis Avenue, London, Greater London N3 1TX6
£1.2M03/211.82 mi5, Sinclair Grove, London, Greater London NW11 9JH6
£1.1M01/211.83 mi54, Hurstwood Road, London, Greater London NW11 0AU6
£1.4M06/221.83 mi44, North Crescent, London, Greater London N3 3LL6
£580K03/211.84 mi157, Mollison Way, Edgware, Greater London HA8 5QX6
£1.7M11/221.87 mi22, Hillcrest Avenue, London, Greater London NW11 0EN6
£1.3M05/231.9 mi16, Clifton Avenue, London, Greater London N3 1BN6
£1.1M03/211.9 mi4, Monkville Avenue, London, Greater London NW11 0AH6
£1.1M03/211.94 mi4, Monkville Avenue, London, Greater London NW11 0AH6
£1.6M06/231.95 mi23, The Rise, Edgware, Greater London HA8 8NS6
£1.2M02/231.96 mi18, Broadfields Avenue, Edgware, Greater London HA8 8PG6
£880K06/211.99 mi32, Elm Park Road, London, Greater London N3 1EB6

Local Area Statistics

Population in NW9

59,320

Population in London

4,771,921

Town centre distance

7.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Buyer's market

Capital growth (5yrs)

+11%

Property History

Listed for £695,000

December 10, 2024

Floor Plans

Description

  • HMO Licensed +
  • Four En-suite Bathrooms +
  • Six Bedrooms +
  • Close To Colindale Underground Station +
  • Off Street Parking +
  • Sole Agency +

Orient Estates are pleased to present this stunning five bedroom family home. Benefiting from five double bedrooms, five bathrooms, a large kitchen/ living room, a conservatory and off street parking for two cars. Situated in Colindale close to Colindale Underground station. Sole Agency

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Orient Estates, London

020 4538 4971

Next Steps?

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