2 Bed Flat, Single Let, Harrow, HA1 1LE, £325,000

Greenhill Way, Harrow, HA1 1LE - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£82K - £530K
Sold Prices/m²£1.4K/m² - £8.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£396,167
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£1,550 - £2,684

Rent Estimate

£1,619

Running Costs/mo

£1,359

Cashflow/mo

£260

Cashflow/yr

£3,115

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £82K to £530K, average is £347.5K. £1.4K/m² to £8.5K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£375K01/210.07 mi54, Welldon Crescent, Harrow, Greater London HA1 1QR2
£396K06/230.1 miGround Floor Flat, 39, Welldon Crescent, Harrow, Greater London HA1 1QP2
£375K12/220.1 mi29, Welldon Crescent, Harrow, Greater London HA1 1QP2
£414K01/230.19 miGround Floor Flat, 12, Oakley Road, Harrow, Greater London HA1 1QB2
£400K05/210.24 mi54, Lowlands Road, Harrow, Greater London HA1 3AN2
£329K06/210.28 mi62d, Warrington Road, Harrow, Greater London HA1 1SY2
£530K06/230.3 miFlat 7, Appin Court, Roxborough Park, Harrow, Greater London HA1 3BJ2
£475K03/210.3 mi70, Nibthwaite Road, Harrow, Greater London HA1 1TG2
£350K02/230.31 miFlat 10, Brandan House, Sovereign Place, Harrow, Greater London HA1 2FN2
£400K06/210.31 mi23, Hamilton Road, Harrow, Greater London HA1 1SX2
£338K08/230.32 miGround Floor Maisonette, 25, Harrow View, Harrow, Greater London HA1 1RE2
£415K11/220.34 mi1, Kenton Avenue, Harrow, Greater London HA1 2BN2
£375K04/210.34 mi120a, Hindes Road, Harrow, Greater London HA1 1RR2
£330K03/210.34 miFlat 11, Lime Court, Gayton Road, Harrow, Greater London HA1 2YD2
£370K12/200.38 mi42, Vaughan Road, Harrow, Greater London HA1 4EE2
£361K01/240.39 mi27a, Vaughan Road, Harrow, Greater London HA1 4DP2
£330K02/210.4 mi25b, Radnor Avenue, Harrow, Greater London HA1 1SB2
£420K02/210.4 mi78, Radnor Road, Harrow, Greater London HA1 1SA2
£368K12/200.4 mi10a, Radnor Avenue, Harrow, Greater London HA1 1SB2
£345K12/220.41 mi21, Duffield Close, Harrow, Greater London HA1 2LG2
£355K06/230.41 mi20, Duffield Close, Harrow, Greater London HA1 2LG2
£407K12/220.42 mi73a, Harrow View, Harrow, Greater London HA1 1RF2
£280K03/210.42 miLower Maisonette, 10, Harrow View, Harrow, Greater London HA1 1RG2
£350K01/210.42 mi33, Butler Avenue, Harrow, Greater London HA1 4EJ2
£302K03/230.42 mi32, Glenwood Close, Harrow, Greater London HA1 2QL2
£352.5K02/210.43 miFlat 11, Leaf House, Catherine Place, Harrow, Greater London HA1 2JW2
£315K01/210.43 mi2, Glenwood Close, Harrow, Greater London HA1 2QL2
£300K10/210.43 mi29, Glenwood Close, Harrow, Greater London HA1 2QN2
£355K02/210.44 mi29a, Salisbury Road, Harrow, Greater London HA1 1NU2
£336K09/230.45 mi111, Rosslyn Crescent, Harrow, Greater London HA1 2RY2
£255K02/210.46 mi49, Elmgrove Crescent, Harrow, Greater London HA1 2QT2
£335K03/230.49 mi79, Elmgrove Road, Harrow, Greater London HA1 2QW2
£331.8K04/230.5 mi9, Devonshire Road, Harrow, Greater London HA1 4LP2
£341.5K08/230.5 mi33a, Frognal Avenue, Harrow, Greater London HA1 2SG2
£325K10/210.5 mi84, Harrow View, Harrow, Greater London HA1 4TE2
£387K05/210.51 mi43a, Beresford Road, Harrow, Greater London HA1 4QR2
£387K05/210.51 mi43a, Beresford Road, Harrow, Greater London HA1 4QR2
£300K11/210.52 mi87a, Bessborough Road, Harrow, Greater London HA1 3DB2
£280K11/200.53 mi11, Thurlby Close, Harrow, Greater London HA1 2LZ2
£370K06/210.53 mi41, Ranmoor Close, Harrow, Greater London HA1 1UH2
£315K06/210.55 mi10, Rusland Heights, Harrow, Greater London HA1 1UU2
£334.6K04/230.55 mi75a, Butler Road, Harrow, Greater London HA1 4DS2
£387.5K10/230.55 mi39, Butler Road, Harrow, Greater London HA1 4DS2
£308K10/200.57 mi133a, Pinner Road, Harrow, Greater London HA1 4EU2
£200K06/210.59 mi157a, Pinner Road, Harrow, Greater London HA1 4EU2
£125K12/220.59 mi25, Farmborough Close, Harrow, Greater London HA1 3YG2
£82K09/210.6 mi10, Farmborough Close, Harrow, Greater London HA1 3YG2
£445.9K02/230.61 mi47a, Longley Road, Harrow, Greater London HA1 4TG2
£317.5K02/210.63 mi64a, Longley Road, Harrow, Greater London HA1 4TH2
£295K06/210.67 mi36a, Herga Road, Harrow, Greater London HA3 5AS2

Local Rents

50 rents from £1.6K/mo to £2.7K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,60003/250.1 mi-2
£1,90003/250.1 mi-2
£1,60004/240.1 mi-2
£1,85004/240.11 miGreenhill Way, Harrow, HA12
£1,85012/240.11 mi-2
£1,85003/250.14 mi-2
£1,75006/210.14 miFairholme Road, Harrow2
£2,40003/250.15 mi-2
£1,75004/240.15 miStation Road, Harrow, HA12
£1,85004/240.15 miStation Road, Harrow, HA12
£1,92404/240.16 miCollege Road Harrow HA12
£2,02804/240.16 miCollege Road Harrow HA12
£1,89504/240.16 miBronze Apartment, Station Road, Harrow, HA12
£2,20003/250.17 mi-2
£2,50012/240.17 mi-2
£1,65004/240.17 miPlatinum House Lyon Road, Harrow2
£2,39802/250.17 mi-2
£1,90004/240.17 mi-2
£1,85004/240.17 miPlatinum House, Lyon Road, Harrow, Greater London, HA12
£2,15004/240.18 miHarrow on the hill, HA12
£2,15004/240.18 miHarrow on the hill, HA12
£2,15004/240.18 mi-2
£1,70004/240.18 miPlatinum House Lyon Road, Harrow, Middlesex, HA1 2EX2
£1,59512/240.18 mi-2
£1,65002/250.18 mi-2
£2,10003/250.18 mi-2
£2,50002/240.18 mi-2
£1,85004/240.18 miPlatinum House, Lyon Road, Harrow2
£2,15002/240.18 miHarrow Square, Harrow, HA12
£1,55004/240.19 miLyon Road, Harrow2
£2,40004/240.19 miPerceval Square, Harrow, HA12
£2,30003/240.2 miLyon Road, Harrow, HA12
£1,90003/250.2 mi-2
£2,68404/240.21 miHeadstone Road, Harrow, Middlesex, HA12
£2,25604/240.21 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,08404/240.21 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,08404/240.21 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,25604/240.21 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,68404/240.21 miHeadstone Road, Harrow, Middlesex, HA12
£2,26704/240.21 miHeadstone Road, Harrow, Middlesex, HA12
£2,68404/240.21 miHeadstone Road, Harrow, Middlesex, HA12
£2,08404/240.21 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,26704/240.21 miHeadstone Road, Harrow, Middlesex, HA12
£2,08404/240.21 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,68404/240.21 miHeadstone Road, Harrow, Middlesex, HA12
£2,15002/250.22 mi-2
£2,00004/240.22 mi-2
£2,00003/250.22 mi-2
£2,10004/240.22 miBryon Court, Harrow, HA12
£2,30004/240.22 miCurtis Court, Lyon Road, Harrow, HA12

Local Area Statistics

Population in HA1

38,441

Population in Harrow

164,559

Town centre distance

0.32 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Buyer's market

Capital growth (5yrs)

+22%

Property History

Price changed to £325,000

February 17, 2025

Listed for £375,000

February 1, 2025

Floor Plans

Description

  • ** BRIGHT AND SPACIOUS SECOND FLOOR FLAT +
  • ** TWO BEDROOMS +
  • ** RECEPTION ROOM +
  • ** FULLY FITTED KITCHEN +
  • ** BATHROOM +
  • ** CENTRAL HARROW LOCATION +
  • ** IDEAL FOR FIRST TIME BUYERS +
  • ** VIEWINGS ARE HIGHLY RECOMMENDED +

SUMMARY
BRIGHT AND SPACIOUS FLAT SECOND FLOOR WELL PRESENTED THROUGHOUT TWO BEDROOMS LIVING ROOM FULLY FITTED KITCHEN BATHROOM IDEAL FOR FIRST TIME BUYERS OR INVESTORS VIEWINGS ARE HIGHLY RECOMMENDED

DESCRIPTION
Connells are pleased to offer to the market this spacious two bedroom second floor flat.
The property is well presented throughout and briefly comprises of a living room, fully fitted kitchen, two bedrooms and bathroom. Additional benefits include double glazing, gas central heating and a private rear garden.
Located within a short 2-3 minute walk to Harrow on the Hill train and bus station along with the Town Centre which offers a wide variety of retail shops as well as numerous restaurants, leisure facilities and Vue cinema.
This would make an ideal property for first time buyers or investors.
Viewings are highly recommended.

Agents Note: 
To enable to the sale of the flat the vendor has advised that a Draft Lease will be created which would be finalised on completion in preparation for submission at Land Registry. We recommend that you seek guidance with regards to any financial arrangements and timeframes associated with this process to ensure that it will meet your requirements.

Kitchen / Reception Room 14' MAX x 11' 6" MAX ( 4.27m MAX x 3.51m MAX )

Bedroom One 11' 9" MAX x 11' 1" MAX ( 3.58m MAX x 3.38m MAX )

Study 7' 8" x 7' 1" ( 2.34m x 2.16m )

Shower Room 

Bedroom Two 9' x 7' 9" ( 2.74m x 2.36m )

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Harrow

020 3892 9703

Next Steps?

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