3 Bed Semi-Detached House, Planning Permission, Harrow, HA2 7PF, £725,000

Norwood Drive, Harrow, HA2 7PF - 2 months ago

Under Offer
Planning
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£280K - £1.0M
Sold Prices/m²£4.6K/m² - £7.6K/m²

 

 

Square Metres

~93 m²
Price/m²£7.8K/m²

Value Estimate

£562,296

 

 

End Value (After Refurb)

£708,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£181,250

Stamp Duty & Legal Fees

£63,700

Refurb Costs

£49,200

Bridging Loan Interest

£19,031

Total Cash In

£314,931

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£708,500

Mortgage (After Refinance)

£531,375

Mortgage LTV

75%

Cash Left In

£314,931

Equity

£177,125

Rent Range

£2,100 - £5,250

Rent Estimate

£2,605

Running Costs/mo

£2,755

Cashflow/mo

£-150

Cashflow/yr

£-1,801

Gross Yield

4%

Local Sold Prices

50 sold prices from £280K to £1.0M, average is £658K. £4.6K/m² to £7.6K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£675K11/210 mi49, Norwood Drive, Harrow, Greater London HA2 7PF3
£700K06/230.02 mi24, Norwood Drive, Harrow, Greater London HA2 7PE3
£680K04/210.06 mi65, Church Drive, Harrow, Greater London HA2 7NR3
£760K02/230.08 mi94, Chester Drive, Harrow, Greater London HA2 7PY3
£635K04/230.08 mi72, Chester Drive, Harrow, Greater London HA2 7PY3
£638K04/230.11 mi29, Suffolk Road, Harrow, Greater London HA2 7QF3
£638K03/210.11 mi53, Suffolk Road, Harrow, Greater London HA2 7QF3
£615K06/210.11 mi27, Hawthorn Drive, Harrow, Greater London HA2 7NU3
£700K10/220.12 mi61, Lankers Drive, Harrow, Greater London HA2 7PA3
£580K03/230.12 mi47, Lankers Drive, Harrow, Greater London HA2 7PA3
£660K12/220.13 mi25, Lankers Drive, Harrow, Greater London HA2 7PA3
£775K10/230.14 mi84, Suffolk Road, Harrow, Greater London HA2 7QG3
£740K04/210.14 mi68, Suffolk Road, Harrow, Greater London HA2 7QG3
£675K11/210.14 mi42, Suffolk Road, Harrow, Greater London HA2 7QG3
£810K02/210.15 mi7, Suffolk Road, Harrow, Greater London HA2 7QH3
£720K02/230.15 mi11, Suffolk Road, Harrow, Greater London HA2 7QH3
£685K10/210.15 mi27, Suffolk Road, Harrow, Greater London HA2 7QH3
£598K12/200.16 mi566, Rayners Lane, Pinner, Greater London HA5 5DJ3
£653K09/230.16 mi5, Church Drive, Harrow, Greater London HA2 7NP3
£625K03/210.17 mi6, Chester Drive, Harrow, Greater London HA2 7PU3
£660K09/230.2 mi19, The Gardens, Pinner, Greater London HA5 5DW3
£775.1K09/210.2 mi26, Farm Avenue, Harrow, Greater London HA2 7LR3
£550K04/220.21 mi28, Farm Avenue, Harrow, Greater London HA2 7LR3
£733K11/220.22 mi77, Lincoln Road, Harrow, Greater London HA2 7RH3
£660K07/230.24 mi72, Northumberland Road, Harrow, Greater London HA2 7RE3
£821K03/230.25 mi95, The Avenue, Pinner, Greater London HA5 5BW3
£719K04/210.25 mi87, The Avenue, Pinner, Greater London HA5 5BW3
£607.5K09/210.25 mi73, Northumberland Road, Harrow, Greater London HA2 7RA3
£620K12/210.26 mi132, Imperial Drive, Harrow, Greater London HA2 7HT3
£515K11/200.27 mi5, Lincoln Close, Harrow, Greater London HA2 7RJ3
£550K12/200.28 mi83, Northumberland Road, Harrow, Greater London HA2 7RA3
£1.0M04/220.28 mi25, Park Drive, North Harrow, Harrow, Greater London HA2 7LT3
£610K09/210.28 mi9, Park Drive, North Harrow, Harrow, Greater London HA2 7LT3
£630K01/210.3 mi138, The Ridgeway, North Harrow, Harrow, Greater London HA2 7DD3
£539K11/230.3 mi9, Alfriston Avenue, Harrow, Greater London HA2 7DY3
£774.5K10/230.3 mi58, Church Avenue, Pinner, Greater London HA5 5JQ3
£645K12/200.31 mi8, Elm Drive, Harrow, Greater London HA2 7BS3
£640K12/200.31 mi18, Elm Drive, Harrow, Greater London HA2 7BS3
£646K03/210.31 mi19, Elm Drive, Harrow, Greater London HA2 7BS3
£538K01/210.32 mi5, Cambridge Road, Harrow, Greater London HA2 7LA3
£715K08/230.33 mi48, The Drive, Harrow, Greater London HA2 7EJ3
£650K10/230.33 mi40, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QN3
£625K09/210.33 mi52, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QN3
£735K09/230.33 mi2, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QN3
£280K03/210.33 mi2, Cambridge Road, Harrow, Greater London HA2 7LD3
£575K05/210.33 mi127, Cambridge Road, Harrow, Greater London HA2 7LB3
£785K09/220.33 mi614, Rayners Lane, Pinner, Greater London HA5 5HT3
£715K12/220.33 mi77, Mount Drive, Harrow, Greater London HA2 7RW3
£656K10/200.34 mi1, The Ridgeway, North Harrow, Harrow, Greater London HA2 7QL3
£715K01/230.34 mi5, Elm Close, Harrow, Greater London HA2 7BT3

Local Rents

25 rents from £2.1K/mo to £5.3K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,40004/240.09 miChester Drive, Harrow, HA23
£3,30002/240.11 miSuffolk Road, Harrow3
£2,20004/240.18 miImperial Drive, Harrow3
£2,30001/250.23 mi-3
£2,50004/240.24 mi-3
£2,80002/250.26 mi-3
£2,39504/240.3 miThe Ridgeway, North Harrow3
£2,50004/240.32 miParkthorne Drive, North Harrow3
£2,50004/240.39 miParkthorne Close, Harrow, HA23
£2,40003/250.4 mi-3
£2,70004/240.4 miSt Michael's Crescent3
£2,50003/240.42 miNorthumberland Road, North Harrow3
£2,30012/240.42 miArgyle Road, North Harrow3
£2,95003/250.45 mi-3
£2,35004/240.48 miFernbrook Drive, North Harrow3
£2,90003/250.49 mi-3
£2,27504/240.54 mi-3
£2,27504/240.54 mi-3
£2,70004/240.55 miSouthbourne Close, Pinner3
£2,40004/240.57 miCannon Lane3
£5,25004/250.58 mi-3
£2,10004/240.58 miFire Brigade Cottages, Pinner Road, Pinner3
£2,20004/240.59 mi-3
£2,20004/240.59 miFire Brigade Cottages, Pinner, HA53
£2,40012/240.6 mi-3

Local Area Statistics

Population in HA2

55,273

Population in Harrow

164,559

Town centre distance

1.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Listed for £725,000

January 31, 2025

Floor Plans

Description

  • Three Bedroom Semi Detached House +
  • Off Street Parking For Three Cars +
  • Extended To The Rear +
  • Sought After Road +
  • Longfield Catchment +
  • Further Potential to Extend (STPP) +
  • Chain Free Sale +
  • EPC Rating D & Council Tax Band E +

Brian Cox & Company are pleased to present this extended three-bedroom semi-detached house with a side garage to the market! Conveniently located near shopping amenities, highly regarded schools, and the Metropolitan line train station, this property is ideal for families. The home is bright and airy, providing a spacious environment perfect for family living. Additional features include gas central heating, double glazing, a lovely rear garden, and a private driveway with off-street parking for three vehicles. There is also potential for further extension into the loft and side (subject to planning permission), making this a great opportunity.
This property is being sold CHAIN FREE so call us now to arrange a viewing!

Agent Details

Brian Cox & Company, North Harrow

020 3907 2642

Next Steps?

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