2 Bed Flat, Single Let, Northwood, HA6 2BD, £525,000

25a Green Lane, Northwood, HA6 2BD - 4 views - 4 months ago

Under Offer

Leasehold

BTL

93 m²

+14 photos

ValuationUndervalued

Sold Prices	£285K - £625K
Sold Prices/m²	£2.9K/m² - £8K/m²

Square Metres	93 m²
Price/m²	£5.6K/m²
Value Estimate	£535,870£535,870
BMV	2%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£131,250£131,250
Stamp Duty & Legal Fees	£30,700£30,700
Total Cash In	£161,950£161,950

Cash Out
Rent Range	£500 - £3,200£500 - £3,200
Rent Estimate	£1,498
Running Costs/mo	£1,960£1,960
Cashflow/mo	£-462£-462
Cashflow/yr	£-5,547£-5,547
Gross Yield	3%3%

Local Sold Prices

33 sold prices from £285K to £625K, average is £486.3K. £2.9K/m² to £8K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£425K	04/23	0.1 mi	12, Anthus Mews, Northwood, Greater London HA6 2GX	-	-	2	Flat
£525K	02/23	0.12 mi	4, Welcote Drive, Northwood, Greater London HA6 2NG	-	-	2	Flat
£525K	12/22	0.14 mi	8, The Glen, Northwood, Greater London HA6 2UP	-	-	2	Flat
£475K	12/21	0.14 mi	10, The Glen, Northwood, Greater London HA6 2UP	£5,723	83	2	Flat
£475K	11/20	0.14 mi	12, The Glen, Northwood, Greater London HA6 2UP	£5,938	80	2	Flat
£500K	04/23	0.19 mi	37, The Glen, Northwood, Greater London HA6 2UR	£6,410	78	2	Flat
£625K	08/23	0.19 mi	52, The Glen, Northwood, Greater London HA6 2UR	£6,443	97	2	Flat
£550K	12/22	0.23 mi	82a, Green Lane, Northwood, Greater London HA6 1AJ	-	-	2	Flat
£575K	06/21	0.23 mi	4, Myrtleside Close, Northwood, Greater London HA6 2XH	£6,077	95	2	Flat
£580K	06/23	0.23 mi	24, Myrtleside Close, Northwood, Greater London HA6 2XH	-	-	2	Flat
£350K	11/21	0.25 mi	33, Hawkesworth Close, Northwood, Greater London HA6 2FT	-	-	2	Flat
£510K	11/23	0.25 mi	1b, Hallowell Road, Northwood, Greater London HA6 1DR	£6,538	78	2	Flat
£395K	02/21	0.25 mi	2, Dormans Close, Northwood, Greater London HA6 2FX	£6,810	58	2	Flat
£499.9K	02/21	0.26 mi	28, Eastbury Road, Northwood, Greater London HA6 3AL	£6,328	79	2	Flat
£500K	02/21	0.26 mi	51, Myrtleside Close, Northwood, Greater London HA6 2XQ	£4,909	102	2	Flat
£450K	11/20	0.26 mi	39, Myrtleside Close, Northwood, Greater London HA6 2XQ	£3,879	116	2	Flat
£380K	02/21	0.28 mi	34, Dormans Close, Northwood, Greater London HA6 2FX	£6,441	59	2	Flat
£486.3K	11/23	0.33 mi	21, Cervantes Court, Northwood, Greater London HA6 1AL	£6,078	80	2	Flat
£540K	06/21	0.34 mi	10, Cervantes Court, Northwood, Greater London HA6 1AL	£5,510	98	2	Flat
£565K	02/23	0.34 mi	6, Cervantes Court, Northwood, Greater London HA6 1AL	£4,956	114	2	Flat
£335K	06/21	0.36 mi	15, Langland Court, Northwood, Greater London HA6 2NH	£5,000	67	2	Flat
£352K	06/21	0.36 mi	10, Langland Court, Northwood, Greater London HA6 2NH	£5,410	65	2	Flat
£370K	04/23	0.36 mi	12, Langland Court, Northwood, Greater London HA6 2NH	£5,801	64	2	Flat
£390K	06/23	0.36 mi	10, Langland Court, Northwood, Greater London HA6 2NH	£5,994	65	2	Flat
£400K	11/22	0.38 mi	88, Hallowell Road, Northwood, Greater London HA6 1DS	£8,000	50	2	Flat
£387.5K	08/23	0.45 mi	2a, Kewferry Road, Northwood, Greater London HA6 2PD	-	-	2	Flat
£355K	05/21	0.48 mi	5, Glenshee Close, Northwood, Greater London HA6 2UH	£6,017	59	2	Flat
£425K	10/22	0.56 mi	7, Deane Court, Northwood, Greater London HA6 1HF	£6,336	67	2	Flat
£285K	10/22	0.61 mi	22a, High Street, Northwood, Greater London HA6 1BN	£2,938	97	2	Flat
£505K	04/21	0.83 mi	Flat 2, Birken Court, Rickmansworth Road, Northwood, Greater London HA6 2GY	-	-	2	Flat
£535K	08/22	0.84 mi	Flat 2, Kevere Court, Kewferry Drive, Northwood, Greater London HA6 2NF	-	-	2	Flat
£600K	07/22	0.85 mi	11, Carlton Place, Northwood, Greater London HA6 2JX	£5,263	114	2	Flat
£560K	09/21	0.87 mi	7, Carlton Place, Northwood, Greater London HA6 2JX	£4,567	123	2	Flat

Local Rents

50 rents from £500/mo to £3.2K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,450	04/24	0.03 mi	Green Lane, Northwood, HA6	2	Flat
£2,350	04/24	0.06 mi	Green Lane, Northwood, HA6	2	Flat
£1,700	02/24	0.1 mi	Anthus Mews, Northwood, Middlesex, HA6 2GX	2	Flat
£2,100	04/24	0.16 mi	-	2	Flat
£1,550	04/24	0.2 mi	Chester Place Green Lane, Northwood, Greater London, HA6	2	Flat
£1,850	04/24	0.2 mi	-	2	Flat
£1,850	02/25	0.2 mi	-	2	Flat
£1,600	05/24	0.25 mi	-	2	Flat
£1,495	04/24	0.25 mi	-	2	Flat
£1,600	05/24	0.25 mi	-	2	Flat
£1,600	12/24	0.25 mi	-	2	Flat
£1,700	04/24	0.25 mi	Hawkesworth Close, Northwood, HA6	2	Flat
£1,600	05/24	0.25 mi	Hawkesworth Close, Northwood, HA6	2	Flat
£1,650	04/24	0.25 mi	-	2	Flat
£1,575	02/25	0.25 mi	-	2	Flat
£1,750	05/24	0.25 mi	Hawkesworth Close, Northwood, Middlesex, HA6 2FT	2	Terraced House
£1,795	05/24	0.26 mi	-	2	Flat
£1,795	04/24	0.26 mi	Dormans Close, Northwood, HA6	2	Flat
£1,750	04/24	0.28 mi	St. Matthews Court, Forge Lane, Northwood, Greater London, HA6	2	Flat
£1,925	03/25	0.29 mi	-	2	Semi-Detached House
£2,500	04/25	0.32 mi	-	2	Flat
£1,750	05/24	0.33 mi	Murray Road, Northwood, HA6	2	Flat
£2,000	12/24	0.35 mi	-	2	Flat
£1,650	03/24	0.36 mi	Langland Court	2	Flat
£1,800	12/24	0.37 mi	-	2	Flat
£2,000	05/24	0.38 mi	Northwood, HA6, HA6	2	Flat
£1,750	04/24	0.38 mi	Park Court, Northwood, HA6	2	Flat
£1,750	05/24	0.38 mi	-	2	Flat
£1,850	12/24	0.38 mi	-	2	Flat
£1,775	12/24	0.39 mi	-	2	Flat
£1,850	01/25	0.39 mi	-	2	Flat
£2,500	04/25	0.41 mi	-	2	Flat
£1,550	01/25	0.42 mi	-	2	Flat
£1,600	03/25	0.44 mi	-	2	Flat
£1,500	05/24	0.44 mi	-	2	Bungalow
£1,800	03/25	0.44 mi	-	2	Bungalow
£500	03/25	0.44 mi	-	2	Flat
£1,600	03/25	0.45 mi	-	2	Flat
£1,875	03/25	0.46 mi	-	2	Terraced House
£2,350	04/24	0.47 mi	Admirals Court, Eastbury Avenue	2	Flat
£2,400	04/24	0.47 mi	-	2	Flat
£2,495	04/25	0.47 mi	-	2	Flat
£1,350	03/25	0.49 mi	-	2	Flat
£1,150	04/25	0.49 mi	-	2	Flat
£1,975	12/24	0.52 mi	-	2	Flat
£1,875	03/25	0.55 mi	-	2	Terraced House
£2,500	01/25	0.56 mi	-	2	Flat
£3,200	04/25	0.56 mi	-	2	Flat
£2,200	05/24	0.56 mi	High Street, Northwood	2	Terraced House
£1,600	04/25	0.57 mi	-	2	Flat

Local Area Statistics

Population in HA6	21,90121,901
Town centre distance	0.13 miles away0.13 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.14 miles away0.14 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-11%-11%
Sales demand	Buyer's marketBuyer's market

Property History

Listed for £525,000

December 28, 2024

Floor Plans

Description

FIRST FLOOR +
TWO BEDROOMS +
TWO BATHROOMS +
LIFT ACCESS +
GARAGE IN BLOCK +
INTERCOM ENTRY SYSTEM +
HEART OF NORTHWOOD +
OFF-STREET PARKING +

Robsons are pleased to bring to the market this spacious two bedroom, two bathroom first floor apartment located in the heart of Northwood town. The property comprises a large living room, kitchen/breakfast room, two double bedrooms with fitted storage (one of which with its own ensuite) as well as a family bathroom and large hallway area.
The property has an intercom entry system to the block and also benefits from a lift servicing all floors in the building.

Externally, the property also comes with a garage in a separate block and boasts communal gardens to the rear. Viewings of this property are highly recommended.

Northwood provides a range of shopping facilities, including Waitrose supermarket, a variety of restaurants and other amenities, with the Metropolitan Line station providing access to Baker Street and the City. There is a plethora of state and private schooling together with a wide choice of recreational facilities, which include golf courses and fitness centres. The M1, M40 and M25 motorways are also accessible.

NB this property is situated within the proximity of the ULEZ, if your vehicle does not comply, charges may apply.

Tenure: Leasehold
Lease Length: 135 years remaining
Service Charge: £1,266.51
Ground Rent: peppercorn
Local Authority: London Borough of Hillingdon
Council Tax Band: F
Energy Efficiency Rating: D

Agent Details

Robsons, Northwood - Sales

01923 961948

Next Steps?

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

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