2 Bed Bungalow, Refurb/BRRR, Pinner, HA5 5JR, £595,000

Hereford Gardens, Pinner, HA5 5JR - 4 views - 4 months ago

Refurb/BRRR
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£375K - £1.2M
Sold Prices/m²£4.6K/m² - £10.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£8.7K/m²

Value Estimate

£534,204

 

 

End Value (After Refurb)

£449,844

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£148,750

Stamp Duty & Legal Fees

£36,300

Refurb Costs

£36,033

Bridging Loan Interest

£15,619

Total Cash In

£238,452

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£449,844

Mortgage (After Refinance)

£337,383

Mortgage LTV

75%

Cash Left In

£238,452

Equity

£112,461

Rent Range

£1,450 - £3,500

Rent Estimate

£1,818

Running Costs/mo

£1,789

Cashflow/mo

£29

Cashflow/yr

£344

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £375K to £1.2M, average is £551K. £4.6K/m² to £10.4K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£522.5K01/210 mi10, Hereford Gardens, Pinner, Greater London HA5 5JR2
£650K10/230.16 mi48, Compton Rise, Pinner, Greater London HA5 5HR2
£400K08/230.16 mi138, Whittington Way, Pinner, Greater London HA5 5JX2
£582K08/230.23 mi11, Highfield Avenue, Pinner, Greater London HA5 5JZ2
£645K11/220.26 mi644, Rayners Lane, Pinner, Greater London HA5 5HT2
£490K05/230.38 miShotley, The Chase, Pinner, Greater London HA5 5QP2
£580K05/230.43 mi112, Cannonbury Avenue, Pinner, Greater London HA5 1TT2
£400K04/210.5 mi68, Chester Drive, Harrow, Greater London HA2 7PY2
£465K08/220.5 mi68, Chester Drive, Harrow, Greater London HA2 7PY2
£400K04/210.5 mi68, Chester Drive, Harrow, Greater London HA2 7PY2
£620K04/210.51 mi17, Francis Road, Pinner, Greater London HA5 2ST2
£645K08/210.56 mi49, The Glen, Pinner, Greater London HA5 5AX2
£675K09/220.59 mi25, Wimborne Drive, Pinner, Greater London HA5 1NH2
£705K11/200.59 mi9, Chiltern Road, Pinner, Greater London HA5 2TD2
£552K11/200.6 mi16, The Glen, Pinner, Greater London HA5 5AY2
£580K06/230.6 mi34, Beaulieu Drive, Pinner, Greater London HA5 1NG2
£812K10/200.63 mi6, Sweetmans Avenue, Pinner, Greater London HA5 3NS2
£704K03/240.68 mi18, Horns End Place, Pinner, Greater London HA5 2TL2
£525K06/210.68 mi47, Eastern Avenue, Pinner, Greater London HA5 1NW2
£490K06/210.7 mi12, Waxwell Lane, Pinner, Greater London HA5 3EN2
£1.2M09/230.72 miDormer Cottage, Moss Lane, Pinner, Greater London HA5 3AW2
£600K06/210.73 mi43, Waxwell Lane, Pinner, Greater London HA5 3EJ2
£600K06/210.73 mi43, Waxwell Lane, Pinner, Greater London HA5 3EJ2
£815K12/200.75 miRedroof, East End Way, Pinner, Greater London HA5 3BS2
£425K02/240.77 mi17, Edinburgh Close, Pinner, Greater London HA5 1JR2
£810K09/230.79 mi7, Larkswood Rise, Pinner, Greater London HA5 2HH2
£832K01/230.8 mi27, Rodney Gardens, Pinner, Greater London HA5 2RT2
£555K10/200.83 mi27, Boldmere Road, Pinner, Greater London HA5 1PJ2
£760K10/230.84 mi72, Rodney Gardens, Pinner, Greater London HA5 2RP2
£775K10/200.84 mi80, Rodney Gardens, Pinner, Greater London HA5 2RP2
£740K09/230.85 mi10, Rushmoor Close, Pinner, Greater London HA5 2HF2
£630K11/200.85 mi36, St Lawrence Drive, Pinner, Greater London HA5 2RU2
£550K06/210.87 mi41, Winslow Close, Pinner, Greater London HA5 2QX2
£505K06/210.9 mi2, Mayfly Close, Eastcote, Pinner, Greater London HA5 1PD2
£375K06/230.91 mi10a, Gloucester Road, Harrow, Greater London HA1 4PW2
£540K01/230.96 mi30, The Sigers, Pinner, Greater London HA5 2QH2
£510K06/230.96 mi48, The Sigers, Pinner, Greater London HA5 2QH2
£525K12/200.96 mi42, The Sigers, Pinner, Greater London HA5 2QH2
£565K05/230.96 mi40, The Sigers, Pinner, Greater London HA5 2QH2
£781.9K08/230.96 mi165, Woodlands Avenue, Ruislip, Greater London HA4 9QX2
£427.5K02/230.97 mi32, Farthings Close, Pinner, Greater London HA5 2QR2
£435K06/210.97 mi25, Farthings Close, Pinner, Greater London HA5 2QR2
£510K04/210.97 mi72, Romney Close, Harrow, Greater London HA2 7EH2
£425K11/230.98 mi71, The Sigers, Pinner, Greater London HA5 2QJ2
£425K09/230.98 mi50, Pinner Green, Pinner, Greater London HA5 2AA2
£485K12/220.98 mi24, Pinner Green, Pinner, Greater London HA5 2AA2
£515K04/210.98 mi32, Pinner Green, Pinner, Greater London HA5 2AA2
£460K11/200.98 mi26, Pinner Green, Pinner, Greater London HA5 2AA2
£544K01/230.99 mi40, Pinner Green, Pinner, Greater London HA5 2AA2
£410K03/210.99 mi43, Pinner Green, Pinner, Greater London HA5 2AF2

Local Rents

18 rents from £1.4K/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,10012/240.04 mi-2
£1,60003/250.09 mi-2
£1,99902/250.17 mi-2
£2,40004/240.19 mi-2
£2,30003/250.19 mi-2
£1,85003/240.23 miEllement Close, Pinner2
£2,00004/240.27 miCecil Park, Pinner, HA52
£1,75003/250.29 mi-2
£1,87503/250.31 mi-2
£1,90012/240.32 mi-2
£1,75004/240.44 miHigh Street, Pinner2
£1,80004/240.46 miWest End Lane2
£2,08002/250.47 mi-2
£1,75004/240.49 miCopperfield Way2
£2,10003/250.51 mi-2
£2,20003/250.52 mi-2
£3,50003/250.59 mi-2
£1,45003/250.6 mi-2

Local Area Statistics

Population in HA5

44,534

Town centre distance

0.89 miles away

Nearest school

0.30 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £595,000

December 17, 2024

Floor Plans

Description

This two-bedroom, semi-detached bungalow offers significant potential and is in need of some updating, presenting an exciting opportunity for buyers looking to make their mark. 

Chain Free While the property requires work, it offers a solid foundation with an attractive rear garden, off-street parking, and ample scope to extend (STPP). Located in a highly sought-after area, it is within easy reach of Pinner High Street and is available with no onward chain.

The property currently comprises an entrance hallway, a spacious reception room with access to the garden, a kitchen with integrated appliances. There are two good-sized double bedrooms and a family shower room.

The garden is a standout feature, with a well-maintained lawn and various shrubs and flowerbeds, plus a garage at the rear. Off-street parking is available at the front via a private driveway.

Hereford Gardens, located off Cannon Lane, is just a short walk from Pinner High Street, offering a range of shopping facilities, restaurants, coffee shops, and popular supermarkets. For commuters, Pinner Station is nearby, providing frequent services into London on the Metropolitan Line, with easy access to local bus routes.

The area also offers excellent local amenities, including primary and secondary schools, children's play areas, and recreational facilities, with Pinner Village Gardens just a stone's throw away.

Agent Details

Andrew Pearce, Pinner

020 3907 3635

Next Steps?

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