3 Bed Flat, Single Let, London, NW4 1HY £375,000

Great North Way, London, NW4 1HY - 10 months ago

Sold STC

Leasehold

BTL

ROI: 2%

~93 m²

ValuationUndervalued

Sold Prices	£235K - £1.4M
Sold Prices/m²	£3.6K/m² - £11.7K/m²

Square Metres	~93 m²
Price/m²	£4K/m²
Value Estimate	£457,500£457,500
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£122,450£122,450

Cash Out
Rent Range	£1,700 - £3,750£1,700 - £3,750
Rent Estimate	£1,700
Running Costs/mo	£1,532£1,532
Cashflow/mo	£168£168
Cashflow/yr	£2,018£2,018
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

40 sold prices from £235K to £1.4M, average is £565K. £3.6K/m² to £11.7K/m², average is £6.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£695K	09/23	0.23 mi	120a, Sunningfields Road, London, Greater London NW4 4RE	£6,318	110	3	Flat
£460K	04/25	0.26 mi	64a, Sunny Gardens Road, Hendon, London NW4 1RY	-	-	3	Flat
£460K	04/25	0.26 mi	64a, Sunny Gardens Road, Hendon, London NW4 1RY	£6,571	70	3	Flat
£1.4M	09/24	0.36 mi	Halkin House, Flat 2, Downage, Hendon, London NW4 1AR	£11,694	121	3	Flat
£530K	03/25	0.41 mi	Flat 2, Hillside Court, Holders Hill Road, Church End, London NW4 1EL	£9,464	56	3	Flat
£530K	03/25	0.41 mi	Flat 2, Hillside Court, Holders Hill Road, Church End, London NW4 1EL	-	-	3	Flat
£485K	05/25	0.41 mi	Flat 1, Hillside Court, Holders Hill Road, Church End, London NW4 1EL	£5,052	96	3	Flat
£485K	05/25	0.41 mi	Flat 1, Hillside Court, Holders Hill Road, Church End, London NW4 1EL	-	-	3	Flat
£285K	06/23	0.44 mi	9b, Sunny Gardens Road, London, Greater London NW4 1SL	£7,224	39	3	Flat
£390K	06/21	0.48 mi	Flat 4, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT	-	-	3	Flat
£535K	12/23	0.49 mi	Pembroke Hall, Flat 1, Mulberry Close, Hendon, London NW4 1QW	£4,735	113	3	Flat
£235K	10/24	0.53 mi	266a, Watford Way, Hendon, London NW4 4UJ	£3,852	61	3	Flat
£636.5K	03/25	0.54 mi	Flat 9, 95 Knightshayes House, Holders Hill Road, Church End, London NW4 1JY	£5,349	119	3	Flat
£636.5K	03/25	0.54 mi	Flat 9, 95 Knightshayes House, Holders Hill Road, Church End, London NW4 1JY	-	-	3	Flat
£700K	10/24	0.57 mi	62 Gloriana Court, Flat 5, Holders Hill Road, Church End, London NW4 1LR	£5,469	128	3	Flat
£730K	09/21	0.58 mi	Flat 6, Grasmere Court, Holders Hill Gardens, London, Greater London NW4 1PF	-	-	3	Flat
£465K	08/25	0.58 mi	16, Cumberland Gardens, Hendon, London NW4 1LD	-	-	3	Flat
£620K	04/25	0.63 mi	Flat 10, 129 Paragon Court, Holders Hill Road, Church End, London NW4 1LH	£6,327	98	3	Flat
£620K	04/25	0.63 mi	Flat 10, 129 Paragon Court, Holders Hill Road, Church End, London NW4 1LH	-	-	3	Flat
£835K	03/25	0.64 mi	Flat 5, Brinsdale Park, Brinsdale Road, Hendon, London NW4 1TB	£7,261	115	3	Flat
£835K	03/25	0.64 mi	Flat 5, Brinsdale Park, Brinsdale Road, Hendon, London NW4 1TB	-	-	3	Flat
£247.5K	03/25	0.65 mi	3, Chadbury Court, Watford Way, Mill Hill, London NW7 2QG	£3,587	69	3	Flat
£247.5K	03/25	0.65 mi	3, Chadbury Court, Watford Way, Mill Hill, London NW7 2QG	-	-	3	Flat
£570K	08/21	0.67 mi	Flat 21, Cranmer Court, Wickliffe Avenue, London, Greater London N3 3HG	-	-	3	Flat
£350K	03/25	0.74 mi	Flat 16, Ashwood House, Belle Vue Estate, Hendon, London NW4 2BD	£4,023	87	3	Flat
£350K	03/25	0.74 mi	Ashwood House, Flat 16, Belle Vue Estate, London, Greater London NW4 2BD	£4,023	87	3	Flat
£650K	01/25	0.75 mi	24 Chapman House, Flat 43, Aerodrome Road, Colindale, London NW9 5UZ	£8,333	78	3	Flat
£872.3K	03/25	0.8 mi	118 Helen Court, Flat 8, Hendon Lane, Finchley, London N3 3SX	£8,387	104	3	Flat
£850K	02/24	0.81 mi	Langley Court, Flat 4, Raleigh Close, London, Greater London NW4 2SR	£8,333	102	3	Flat
£915K	10/23	0.81 mi	Flat 6, Langley Court, Raleigh Close, London, Greater London NW4 2SR	-	-	3	Flat
£449.9K	01/25	0.81 mi	Flat 12, 67 Raffles House, Brampton Grove, Hendon, London NW4 4BU	£6,817	66	3	Flat
£630K	07/25	0.82 mi	Flat 36, 6 Serenity House, Lismore Boulevard, Colindale, London NW9 4DB	-	-	3	Flat
£560K	11/21	0.89 mi	Flat 28, Greenacres, Hendon Lane, London, Greater London N3 3SF	-	-	3	Flat
£525K	07/25	0.91 mi	Flat 11, Greenacres, Hendon Lane, Finchley, London N3 3SF	-	-	3	Flat
£399.8K	06/21	0.92 mi	Flat 40, Bittacy Court, Bittacy Hill, London, Greater London NW7 1HY	-	-	3	Flat
£600K	07/25	0.96 mi	Flat 21, 39 May House, Achill Close, Colindale, London NW9 4EJ	-	-	3	Flat
£500K	05/25	0.97 mi	19a, Abercorn Road, Mill Hill, London NW7 1JH	£5,208	96	3	Flat
£625K	01/25	0.97 mi	43 Kew Court, Flat 21, Hoy Close, Colindale, London NW9 4EU	£6,793	92	3	Flat
£600K	03/25	1 mi	The Brookdales, Flat 11, Bridge Lane, Golders Green, London NW11 9JU	£6,452	93	3	Flat
£600K	03/25	1 mi	Flat 11, The Brookdales, Bridge Lane, Golders Green, London NW11 9JU	-	-	3	Flat

Local Rents

50 rents from £1.7K/mo to £3.8K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,300	09/25	0 mi	Great North Way, London, NW4	3	Flat
£2,750	10/25	0.05 mi	Sunny Gardens Road, Hendon, NW4	3	Flat
£2,750	10/25	0.07 mi	Sunny Gardens Road, London	3	Flat
£2,300	10/25	0.07 mi	Great North Way, Hendon, London, NW4	3	Flat
£2,300	11/25	0.07 mi	Great North Way, London	3	Flat
£2,300	11/25	0.08 mi	Great North Way, Hendon, NW4 1PP	3	Flat
£2,250	11/25	0.08 mi	Great North Way, Hendon, NW4 1PP	3	Flat
£2,250	10/25	0.18 mi	Sunny Gardens Road, London	3	Flat
£2,350	07/24	0.21 mi	-	3	Flat
£2,600	06/24	0.21 mi	Bellham Court, Hendon, London, NW4	3	Flat
£2,500	11/25	0.25 mi	Ashley Lane, Hendon NW4	3	Flat
£2,200	07/25	0.26 mi	Great North Way, Hendon, NW4	3	Flat
£2,200	06/25	0.27 mi	Ashley Court,Ashley Court, Great North Way, London, NW4	3	Flat
£2,300	07/25	0.27 mi	Ashley Court,Ashley Court, Great North Way, London, NW4	3	Flat
£2,000	07/25	0.27 mi	Great North Way, London, NW4	3	Flat
£2,200	07/25	0.27 mi	Great North Way, Hendon, NW4	3	Flat
£2,200	07/25	0.27 mi	-	3	Flat
£2,250	10/25	0.27 mi	Rosewood House, Manor Hall Drive, Hendon, NW4	3	Flat
£1,850	10/25	0.27 mi	Sunny Gardens Road, Hendon, London, NW4	3	Flat
£1,700	10/24	0.27 mi	-	3	Flat
£2,100	11/25	0.29 mi	Sunningfields Road, Hendon, London	3	Flat
£1,800	08/24	0.32 mi	Sunningfields Road, Hendon, London, NW4	3	Flat
£2,250	08/25	0.32 mi	Rosewood House, Manor Hall Drive, Hendon, NW4	3	Flat
£2,250	07/25	0.32 mi	Rosewood House, Manor Hall Drive, London	3	Flat
£2,000	10/25	0.32 mi	Manor Hall Drive, London	3	Flat
£2,100	07/25	0.32 mi	Rosewood House, 2 Manor Hall Drive, London, NW4	3	Terraced House
£2,750	08/25	0.37 mi	Downage, NW4, Watford, London, NW4	3	Semi-Detached House
£2,750	09/25	0.37 mi	Downage, NW4, Watford, London, NW4	3	Semi-Detached House
£2,750	08/24	0.38 mi	-	3	Semi-Detached House
£2,800	10/24	0.38 mi	-	3	Semi-Detached House
£1,900	11/25	0.38 mi	Torcroft, Holders Hill Road, Hendon, NW4	3	Flat
£3,750	04/25	0.39 mi	-	3	Semi-Detached House
£2,400	07/24	0.39 mi	Barford Close, Hendon, London, NW4	3	Semi-Detached House
£2,400	07/24	0.39 mi	Barford Close, London	3	Semi-Detached House
£2,500	06/25	0.39 mi	-	3	Flat
£2,400	07/24	0.4 mi	Sunny Gardens Road, Hendon, London, NW4	3	Flat
£3,000	08/24	0.4 mi	Parson Street, Hendon, NW4	3	Flat
£2,750	10/25	0.4 mi	Langton Court, 37 Parson Street, London, NW4	3	Flat
£3,250	10/25	0.4 mi	Langton Court, Parson Street, Hendon, NW4	3	Flat
£2,300	07/24	0.4 mi	Sunny Gardens Road, London, NW4	3	Flat
£1,850	07/24	0.41 mi	Lady Hamilton Court, Hendon, NW4	3	Flat
£1,850	08/24	0.41 mi	Lady Hamilton Court, Hendon, NW4	3	Flat
£1,850	08/24	0.41 mi	-	3	Flat
£1,850	08/24	0.41 mi	-	3	Flat
£1,850	08/24	0.41 mi	-	3	Flat
£1,850	11/25	0.41 mi	-	3	Flat
£1,850	11/25	0.41 mi	-	3	Flat
£1,800	11/25	0.41 mi	Holders Hill Avenue, Hendon, NW4	3	Flat
£1,850	11/25	0.41 mi	Lady Hamilton Court, London, NW4	3	Flat
£1,950	11/25	0.41 mi	Torcroft, Holders Hill Road, London, NW4	3	Flat

Local Area Statistics

Population in NW4	31,74531,745
Population in London	4,771,9214,771,921
Town centre distance	7.04 miles away7.04 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.93 miles away0.93 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-7%-7%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-2%-2%

Property History

Listed for £375,000

January 22, 2025

Description

A spacious three bedroom duplex flat located on the Great North Way in Hendon, close to M1 motorway and/or North Circular for easy access into central London. Three double bedrooms, one bathroom, separate kitchen and living room. Long Leasehold and Vacant Possession. Chain Free

Agent Details

Ashmore & Co, London

020 3907 2659

Next Steps?

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