2 Bed Flat, Single Let, Harrow, HA2 8AR £280,000

Sherwood Road, South Harrow, HA2 8AR - a year ago
Leasehold
BTL
~68 m²
Property image

ValuationUndervalued

Sold Prices£82K - £545K
Sold Prices/m²£1.4K/m² - £8.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£344,400
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£438 - £2,300

Rent Estimate

£438

Running Costs/mo

£983

Cashflow/mo

£-545

Cashflow/yr

£-6,535

Gross Yield

2%

Local Sold Prices

50 sold prices from £82K to £545K, average is £331.5K. £1.4K/m² to £8.9K/m², average is £5.3K/m².

Price
Date
Distance
Address
Beds
 
£350K04/250.06 miFlat 26, Echo Court, Sherwood Road, South Harrow HA2 8FL2
£268.7K11/240.14 miBridge Court, Flat 74, Stanley Road, Harrow HA2 8FE2
£325K03/230.19 mi18, Parkfield Road, Harrow, Greater London HA2 8LB2
£316K12/240.25 mi26, Fentiman Way, Harrow HA2 8FD2
£328.5K07/230.26 mi2, Fentiman Way, Harrow, Greater London HA2 8FD2
£310K03/230.26 mi9, Fentiman Way, Harrow, Greater London HA2 8FD2
£300K11/240.27 mi48, Grange Road, South Harrow HA2 0LW2
£355K11/220.28 mi14, Fentiman Way, Harrow, Greater London HA2 8FD2
£270K12/240.31 miPadda Court, Flat 9, Northolt Road, Harrow HA2 0EJ2
£350K03/250.31 miFlat 6, Padda Court, Northolt Road, Harrow HA2 0EJ2
£350K03/250.31 miFlat 6, Padda Court, Northolt Road, Harrow HA2 0EJ2
£372K06/230.33 mi117, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0PP2
£355K10/230.35 mi105, Shaftesbury Avenue, Harrow HA2 0PP2
£387K03/250.36 miFlat 4, 60, Lower Road, Harrow HA2 0DH2
£387K03/250.36 miFlat 4, 60, Lower Road, Harrow HA2 0DH2
£372K12/240.36 mi25, Flat 8, Corbins Lane, South Harrow HA2 8EL2
£355.7K09/230.37 mi27, Ashbourne Avenue, Harrow, Greater London HA2 0JS2
£360K03/250.37 mi16, Emerald Court, Drinkwater Road, Harrow HA2 0FR2
£360K03/250.37 mi16, Emerald Court, Drinkwater Road, Harrow HA2 0FR2
£360K03/250.37 mi16, Emerald Court, Drinkwater Road, Harrow HA2 0FR2
£295K06/210.39 mi127a, Kingsley Road, Harrow, Greater London HA2 8LF2
£337.5K07/250.39 mi45, Ashbourne Avenue, Harrow HA2 0JS2
£317.5K01/250.4 mi5, Wren Court, Swift Close, Harrow HA2 0FQ2
£317.5K01/250.4 mi5, Wren Court, Swift Close, Harrow HA2 0FQ2
£430K06/230.43 miFlat 6, Bermuda House, Mount Park Road, Harrow, Greater London HA1 3XH2
£545K12/240.48 miPavilion Lodge, 11, Lower Road, Harrow HA2 0DZ2
£387K10/240.48 mi134, Shaftesbury Avenue, South Harrow HA2 0AW2
£459.9K09/230.49 miFlat 6, Hamson Court, Brickfields, Harrow, Greater London HA2 0JG2
£150K06/210.51 mi9, Elmfield Close, Harrow, Greater London HA1 3TL2
£330K10/220.53 mi28, Alexandra Close, Harrow, Greater London HA2 8QA2
£235K02/230.53 mi142, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AW2
£380K07/250.53 miFlat 10, Bluebell Court, Tranquil Lane, Harrow HA2 0GS2
£333K08/230.55 mi168, Alexandra Avenue, Harrow, Greater London HA2 8PY2
£415K12/240.56 miBluebell Court, Flat 35, Tranquil Lane, Harrow HA2 0GS2
£295K11/210.59 mi29, Jasmine Gardens, Harrow, Greater London HA2 9DE2
£273K01/250.59 mi50a, Halsbury Road East, Northolt UB5 4PY2
£355K04/230.59 mi219, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN2
£335K12/240.6 mi29, Jasmine Gardens, Harrow HA2 9DE2
£355K05/230.61 miFlat 31, Wendela Court, Sudbury Hill, Harrow, Greater London HA1 3NB2
£262K01/250.62 mi29, Rowe Walk, Harrow HA2 9AB2
£262K01/250.62 mi29, Rowe Walk, Harrow HA2 9AB2
£350K11/220.62 mi17, Rowe Walk, Harrow, Greater London HA2 9AB2
£316K12/240.63 mi249, Shaftesbury Avenue, Harrow HA2 0AN2
£275K06/210.64 mi34, Rowe Walk, Harrow, Greater London HA2 9AB2
£330K02/230.68 mi11, Lance Road, Harrow, Greater London HA1 4BL2
£82K09/210.7 mi10, Farmborough Close, Harrow, Greater London HA1 3YG2
£125K12/220.7 mi25, Farmborough Close, Harrow, Greater London HA1 3YG2
£325K02/230.71 mi12, Alexandra Avenue, Harrow, Greater London HA2 8PG2
£110K07/250.72 mi3, Farmborough Close, West Harrow HA1 3YG2
£275K10/230.72 mi295b, Alexandra Avenue, Harrow HA2 9DX2

Local Rents

50 rents from £438/mo to £2.3K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£2,00009/250.01 miSherwood Road, South Harrow, HA22
£1,70010/250.03 miSherwood Road, Harrow2
£1,85010/250.03 mi-2
£1,55011/250.04 miStanley Road, Harrow2
£2,15010/250.06 mi-2
£2,10010/250.06 miEcho Court, Harrow, HA22
£1,95008/250.06 mi-2
£1,65011/250.06 miNortholt Road, Harrow, Middx, HA22
£1,80004/240.08 miOsbury Court, 52 Northolt Road, Harrow, Greater London, HA22
£1,84610/250.09 miBovis House, Northolt Road, Harrow, HA22
£43807/250.09 miBovis House, Northolt Road, Harrow, HA22
£1,90008/250.09 miBovis House, Northolt Road, Harrow, Middlesex, HA22
£1,90008/250.09 miBovis house, Northolt Road, Harrow, Middlesex, HA22
£1,65005/250.1 miBiro House, 110 Stanley Road, Harrow, HA2 8FG2
£1,60010/250.1 miSherwood Road, Harrow2
£1,89810/250.11 miBovis House, Northolt Road, Harrow, HA22
£1,70010/250.11 miStanley Road, Harrow, HA22
£1,60010/250.11 miBridge Court, Stanley Road, South Harrow, HA22
£1,60008/250.12 miNortholt Road, Harrow, Middlesex, HA22
£1,85008/250.14 mi-2
£1,80008/250.14 miNortholt Road, Harrow2
£1,70004/240.14 mi-2
£1,70008/250.14 mi-2
£1,75006/250.14 miNortholt Road, Harrow, HA22
£1,85002/240.14 miNortholt Road, South Harrow, Harrow, HA22
£1,85002/250.14 mi-2
£1,70008/250.14 mi-2
£1,80004/250.14 mi-2
£2,30007/250.14 mi-2
£1,67511/250.14 miStanley Road, Harrow, Middlesex, HA22
£1,70010/250.14 miStanley Road, Harrow, HA22
£1,75001/250.14 mi-2
£1,70007/250.14 miStanley Road, Harrow, HA22
£1,55011/250.14 miStanley Road, Harrow, HA22
£1,70010/250.14 miStanley Road, Harrow, HA22
£1,70010/250.14 miStanley Road, Harrow, HA22
£1,80001/240.14 miHarrow2
£1,70007/250.14 miBridge Court2
£1,70010/250.14 mi-2
£1,70006/250.15 miStanley Road, Harrow2
£1,90008/250.15 miNortholt Road, Harrow2
£1,75009/250.15 miEast Croft House, 86 Northolt Road, HARROW, HA22
£1,62508/250.15 miStanley Road, Harrow, HA22
£1,90011/250.16 mi-2
£1,70005/250.17 miParkfield Road, Harrow, HA22
£1,70008/250.18 miRoxeth Green Avenue, Harrow, HA22
£1,70008/250.18 miRoxeth Green Avenue, Harrow, HA22
£1,70009/250.18 miRoxeth Green Avenue, Harrow, HA22
£1,70009/250.18 miRoxeth Green Avenue, Harrow, HA22
£1,60009/250.19 miNortholt Road, Harrow, Middlesex, HA2 7DY2

Local Area Statistics

Population in HA2

55,273

Population in Harrow

164,559

Town centre distance

1.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £280,000

December 26, 2024

Floor Plans

Property image

Description

  • First Floor Flat +
  • Two Bedrooms +
  • Reception Room +
  • Kitchen +
  • Bathroom +
  • Shared Garden +
  • Permit Parking +
  • Lease 119 years (as advised) +
  • 5 minutes to South Harrow Train Station +
  • Close to shops +

This two-bedroom first-floor flat on Sherwood Road, South Harrow, offers a spacious reception room, modern kitchen, and bathroom with a shower/bath, benefiting from double glazing and gas central heating. The property features a shared garden, permit parking, and a long lease of 119 years (as advised) with no ground rent. Conveniently located just a 5-minute walk from South Harrow’s Piccadilly Line Tube and Bus Station, it is close to shops, restaurants, and schools, making it ideal for first-time buyers or investors. Council Tax Band C.

Internally - Entrance door opens into hall with stairs to first floor landing. The property comprises of a reception room with front aspect window, two bedrooms, one double bedroom with door leading to external stairs to garden, single bedroom with front aspect window, fully tiled kitchen with wall and base units, electric hob and built under oven and rear aspect window, bathroom with panel enclosed shower/bath, pedestal wash basin and wc. The property had double glazing and gas central heating.

Externally - Shared garden, permit parking.

Location - Sherwood Road is located off Northolt Road just yards from South Harrow's Piccadilly Line Tube and Bus Station along with busy shopping centre with restaurants, cafes and shops and an Aldi Supermarket. Bus services providing access to many localities run along the Northolt Road. Northolt Park Station is just 0.7 miles away. Local primary schools include The Welldon Park Academy 600 yards, Roxeth Primary School and Grange Primary both just over 800 yards away. Whitmore High School is 870 yards away and Rooks Heath College 0.8 miles from the property.

Additional Information - Council Tax Band C - £2,032 per annum
Leasehold 119 remaining years
Ground Rent Nil
(All above as advised)

Agent Details

David Conway & Co, South Harrow - Sales

020 3872 3024

Next Steps?

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