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5 Bed Terraced House, Refurb/BRRR, Harrow, HA3 9ND, £700,000

10 Cheltenham Place - 3 views - 3 months ago

Refurb/BRRR
ROI: 2%
84 m²
+12 photos

ValuationOvervalued

Sold Prices£632K - £1.3M
Sold Prices/m²£3.9K/m² - £10.4K/m²

 

 

Square Metres

83.91 m²
Price/m²£8.3K/m²

Value Estimate

£411,223

 

 

End Value (After Refurb)

£581,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£44,700

Refurb Costs

£44,391

Bridging Loan Interest

£18,375

Total Cash In

£284,216

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£581,000

Mortgage (After Refinance)

£435,750

Mortgage LTV

75%

Cash Left In

£284,216

Equity

£145,250

Rent Range

£1,900 - £5,000

Rent Estimate

£2,898

Running Costs/mo

£2,415

Cashflow/mo

£483

Cashflow/yr

£5,793

ROI

2%

Gross Yield

5%

Local Sold Prices

37 sold prices from £632K to £1.3M, average is £835K. £3.9K/m² to £10.4K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£850K11/230.31 mi117, Kenton Park Crescent, Harrow, Greater London HA3 8TZ5
£900K12/230.53 mi210, Regal Way, Harrow, Greater London HA3 0SH5
£730K02/210.59 mi48, Streatfield Road, Harrow, Greater London HA3 9BS5
£695K08/230.59 mi8, Rowland Avenue, Harrow, Greater London HA3 9AF5
£642K01/210.61 mi7, Alicia Gardens, Harrow, Greater London HA3 8JB5
£850K01/230.64 mi79, Kenton Lane, Harrow, Greater London HA3 8UJ5
£715K06/210.64 mi33, Kenton Gardens, Harrow, Greater London HA3 8DE5
£890K07/230.66 mi42, Sedgecombe Avenue, Harrow, Greater London HA3 0HN5
£720K04/210.66 mi53, Broadcroft Avenue, Stanmore, Greater London HA7 1NT5
£800K08/230.66 mi6, Imperial Way, Harrow, Greater London HA3 9SW5
£697.5K12/220.67 mi152, Kenton Lane, Harrow, Greater London HA3 8UG5
£1.1M07/220.67 mi66, Woodhill Crescent, Harrow, Greater London HA3 0LZ5
£800K02/210.69 mi121, Alicia Gardens, Harrow, Greater London HA3 8JD5
£885K10/200.71 mi8, Sedgecombe Avenue, Harrow, Greater London HA3 0HL5
£1.3M09/220.72 mi79, Shaftesbury Avenue, Kenton, Harrow, Greater London HA3 0RB5
£900K08/230.72 mi31, Ebrington Road, Harrow, Greater London HA3 0LS5
£785K03/210.73 mi20, Winchfield Close, Harrow, Greater London HA3 0DT5
£632K05/210.76 mi33, Ennerdale Avenue, Stanmore, Greater London HA7 2LB5
£925K03/230.77 mi51, Regal Way, Harrow, Greater London HA3 0SA5
£825K06/220.78 mi141, Beverley Drive, Edgware, Greater London HA8 5NH5
£875K05/220.78 mi14, Ebrington Road, Harrow, Greater London HA3 0LR5
£965K06/210.79 mi44, Shaftesbury Avenue, Kenton, Harrow, Greater London HA3 0QY5
£960K09/230.8 mi291, Kenton Road, Harrow, Greater London HA3 0HQ5
£720K04/210.81 mi30, Fryent Way, London, Greater London NW9 9SB5
£746K06/210.84 mi13, Derwent Crescent, Stanmore, Greater London HA7 2NE5
£735K08/210.85 mi10, Jersey Avenue, Stanmore, Greater London HA7 2JQ5
£865K08/220.86 mi37, Crowshott Avenue, Stanmore, Greater London HA7 1HW5
£995K09/220.87 mi1, Upton Gardens, Harrow, Greater London HA3 0DN5
£745K01/210.89 mi103, Crundale Avenue, London, Greater London NW9 9PS5
£685K11/200.91 mi3, Willowcourt Avenue, Harrow, Greater London HA3 8ER5
£870K09/210.91 mi6, Lapstone Gardens, Harrow, Greater London HA3 0ED5
£835K03/210.92 mi113, Crowshott Avenue, Stanmore, Greater London HA7 2PB5
£785K12/200.92 mi14, Trevelyan Crescent, Harrow, Greater London HA3 0RL5
£865K06/210.93 mi112, Woodcock Hill, Harrow, Greater London HA3 0JL5
£665K12/200.94 mi50, Kingshill Drive, Harrow, Greater London HA3 8TF5
£837.5K07/210.95 mi34, Becmead Avenue, Harrow, Greater London HA3 8EY5
£1.1M04/230.97 mi14, Abercorn Gardens, Harrow, Greater London HA3 0PB5

Local Rents

37 rents from £1.9K/mo to £5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,30004/240.08 miD'arcy Gardens, Kenton, Harrow, HA33
£2,50004/240.14 miD'arcy Gardens, Harrow4
£2,50003/250.16 mi-3
£2,50003/250.18 mi-4
£2,40002/250.19 mi-3
£2,05004/240.22 miWinchester Road, Harrow HA33
£2,80002/250.24 mi-4
£2,75001/250.24 mi-4
£2,65003/250.24 mi-4
£2,60004/240.29 miOakdale Avenue, HARROW, HA33
£2,60004/240.29 miOakdale Avenue, HARROW, HA33
£2,60002/250.3 mi-4
£2,25002/250.3 mi-3
£1,90004/240.36 miSt.pauls Avenue, Kenton , Middlesex, HA3 3
£2,50001/250.36 mi-3
£2,20003/250.37 mi-3
£2,00004/240.37 miStreatfield Road, Harrow, HA35
£4,75004/240.38 mi-3
£5,00001/240.39 miStreatfield Road, Harrow, Middlesex, HA33
£2,50004/240.46 miPortland Crescent4
£2,35002/250.47 mi-3
£3,75006/240.48 mi-3
£2,50004/240.48 miPortland Crescent, HA73
£3,20006/240.5 mi-4
£2,35004/240.52 miTurner Road, Edgware, Middlesex, HA83
£2,55003/250.53 mi-3
£2,55003/250.53 mi-3
£3,60006/240.53 miHoneypot Lane, Kingsbury, London, NW95
£3,50008/240.53 miHoneypot Lane, Kingsbury, London, NW95
£3,10012/240.55 mi-4
£2,75003/250.56 mi-4
£3,75008/240.57 miRose Bates Drive, NW95
£2,40012/240.57 mi-3
£3,50003/250.58 mi-5
£2,85009/240.61 mi-3
£2,50004/240.61 miTiverton Road, Edgware, HA84
£3,25012/240.62 mi-4

Links

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

1.64 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £700,000

January 3, 2025

Floor Plans

Description

  • QUOTE REF - NL0627 +
  • Five Bedrooms +
  • Chain Free Sale +
  • Large Rear Garden +
  • Three Reception Rooms +
  • In Need Of Modernisation +
  • Driveway +
  • Extended To The Side & Rear +
  • Further Potential To Extend STPP +
  • Call Nick Loates To Arrange An Appointment +

Launch Day Saturday 11th January 2025 Welcome to this spacious end-of-terrace family home, boasting five generous bedrooms and is a chain-free sale, making it an ideal opportunity for those looking to create their dream residence. Nestled in a sought-after area, this property is conveniently located close to outstanding schools, ensuring a bright future for your children. While the home is in need of modernisation, it offers endless potential to transform it into a contemporary masterpiece tailored to your taste. The property has been extended, providing ample living space, with the possibility for further enhancements to suit your lifestyle. Step outside to discover a large rear garden, perfect for family gatherings, gardening enthusiasts, or simply enjoying the outdoors. This is a rare opportunity to acquire a property with room to grow and customize. Don't miss out on making this house your home! Arrange a viewing today and explore the potential that awaits you.

Agent Details

eXp UK, London

03304 609968

Next Steps?

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

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