2 Bed Flat, Single Let, Harrow, HA1 4AR, £260,000

Charles Crescent, Harrow, HA1 4AR - 2 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£82K - £530K
Sold Prices/m²£1.4K/m² - £8.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£319,800
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£14,700

Total Cash In

£79,700

 

 

Cash Out

 

Rent Range

£1,600 - £3,000

Rent Estimate

£1,650

Running Costs/mo

£1,163

Cashflow/mo

£488

Cashflow/yr

£5,850

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £82K to £530K, average is £355K. £1.4K/m² to £8.9K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£125K12/220.06 mi25, Farmborough Close, Harrow, Greater London HA1 3YG2
£82K09/210.06 mi10, Farmborough Close, Harrow, Greater London HA1 3YG2
£300K11/210.13 mi87a, Bessborough Road, Harrow, Greater London HA1 3DB2
£334.6K04/230.19 mi75a, Butler Road, Harrow, Greater London HA1 4DS2
£387.5K10/230.19 mi39, Butler Road, Harrow, Greater London HA1 4DS2
£330K02/230.2 mi11, Lance Road, Harrow, Greater London HA1 4BL2
£350K01/210.2 mi33, Butler Avenue, Harrow, Greater London HA1 4EJ2
£361K01/240.25 mi27a, Vaughan Road, Harrow, Greater London HA1 4DP2
£370K12/200.27 mi42, Vaughan Road, Harrow, Greater London HA1 4EE2
£530K06/230.3 miFlat 7, Appin Court, Roxborough Park, Harrow, Greater London HA1 3BJ2
£296K03/210.3 mi24, Lower Road, Harrow, Greater London HA2 0DA2
£390K12/210.34 mi130, Butler Road, Harrow, Greater London HA1 4DX2
£375K10/200.36 mi76a, Lowlands Road, Harrow, Greater London HA1 3AN2
£375K10/200.36 mi76a, Lowlands Road, Harrow, Greater London HA1 3AN2
£400K05/210.36 mi54, Lowlands Road, Harrow, Greater London HA1 3AN2
£308K10/200.41 mi133a, Pinner Road, Harrow, Greater London HA1 4EU2
£331.8K04/230.42 mi9, Devonshire Road, Harrow, Greater London HA1 4LP2
£235K02/230.43 mi142, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AW2
£200K06/210.43 mi157a, Pinner Road, Harrow, Greater London HA1 4EU2
£372K06/230.44 mi117, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0PP2
£459.9K09/230.46 miFlat 6, Hamson Court, Brickfields, Harrow, Greater London HA2 0JG2
£355K04/230.49 mi219, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN2
£310K03/210.49 mi237, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AN2
£355.7K09/230.5 mi27, Ashbourne Avenue, Harrow, Greater London HA2 0JS2
£414K01/230.55 miGround Floor Flat, 12, Oakley Road, Harrow, Greater London HA1 1QB2
£375K04/210.57 mi120a, Hindes Road, Harrow, Greater London HA1 1RR2
£375K01/210.6 mi54, Welldon Crescent, Harrow, Greater London HA1 1QR2
£415K11/220.61 mi1, Kenton Avenue, Harrow, Greater London HA1 2BN2
£387K05/210.61 mi43a, Beresford Road, Harrow, Greater London HA1 4QR2
£387K05/210.61 mi43a, Beresford Road, Harrow, Greater London HA1 4QR2
£150K06/210.62 mi9, Elmfield Close, Harrow, Greater London HA1 3TL2
£256K12/200.64 mi72, Cowen Avenue, Harrow, Greater London HA2 0LU2
£256K12/200.64 mi72, Cowen Avenue, Harrow, Greater London HA2 0LU2
£396K06/230.68 miGround Floor Flat, 39, Welldon Crescent, Harrow, Greater London HA1 1QP2
£375K12/220.68 mi29, Welldon Crescent, Harrow, Greater London HA1 1QP2
£338K08/230.68 miGround Floor Maisonette, 25, Harrow View, Harrow, Greater London HA1 1RE2
£342.5K12/220.71 mi227, The Ridgeway, North Harrow, Harrow, Greater London HA2 7DA2
£328.5K07/230.71 mi2, Fentiman Way, Harrow, Greater London HA2 8FD2
£310K03/230.71 mi9, Fentiman Way, Harrow, Greater London HA2 8FD2
£355K11/220.71 mi14, Fentiman Way, Harrow, Greater London HA2 8FD2
£329K06/210.72 mi62d, Warrington Road, Harrow, Greater London HA1 1SY2
£355K02/210.73 mi29a, Salisbury Road, Harrow, Greater London HA1 1NU2
£280K03/210.75 miLower Maisonette, 10, Harrow View, Harrow, Greater London HA1 1RG2
£355K05/230.76 miFlat 31, Wendela Court, Sudbury Hill, Harrow, Greater London HA1 3NB2
£430K06/230.76 miFlat 6, Bermuda House, Mount Park Road, Harrow, Greater London HA1 3XH2
£300K07/230.76 miFlat 12, Acacia Court, Collapit Close, Harrow, Greater London HA1 4YE2
£330K03/210.77 miFlat 11, Lime Court, Gayton Road, Harrow, Greater London HA1 2YD2
£407K12/220.78 mi73a, Harrow View, Harrow, Greater London HA1 1RF2
£420K02/210.79 mi78, Radnor Road, Harrow, Greater London HA1 1SA2
£475K03/210.81 mi70, Nibthwaite Road, Harrow, Greater London HA1 1TG2

Local Rents

51 rents from £1.6K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,89001/250.11 mi-2
£1,60004/240.16 miBowen Road, Harrow, Middlesex, HA1 4DQ2
£2,00004/240.25 miNelson Road, Harrow on the Hill, HA1 3ET2
£1,70004/240.25 mi-2
£1,85003/250.25 mi-2
£1,72504/240.25 miVaughn Road, Harrow, HA12
£2,15012/240.26 mi-2
£1,85004/240.28 miDrummond Court, Roxborough Park, Harrow on the Hill2
£2,00002/240.3 miBADGERS CLOSE, Harrow, HA12
£1,80001/250.31 mi-2
£1,80001/250.31 mi-2
£1,80004/240.33 mi-2
£1,80004/240.33 mi-2
£1,80004/240.35 mi19 Pinner Road, Harrow on Hill2
£1,80004/240.35 miTrident Point Pinner Road, Harrow2
£2,19502/250.35 mi-2
£3,00003/250.35 mi-2
£2,10002/250.35 mi-2
£1,90001/250.36 mi-2
£1,89501/240.36 miHarrow On The Hill HA22
£1,70004/240.36 miVaughan Road, Harrow2
£1,70004/240.36 miVaughan Road, Harrow2
£2,10003/250.36 mi-2
£1,90004/240.37 mi-2
£1,75004/240.37 mi-2
£1,90003/250.38 mi-2
£2,00004/240.38 mi-2
£2,15002/250.38 mi-2
£2,00004/240.38 miTrident Point, 19 Pinner Road, Harrow, Middlesex, HA12
£1,70004/240.38 miMaybury Court, Harrow, Middlesex, HA1 4YL2
£1,90001/250.39 mi-2
£1,80004/240.39 miLeigh Court, Byron Hill Road, Harrow on the Hill2
£1,60004/240.39 miPinner Road, Harrow , HA12
£1,65003/240.39 miPinner Road, HA1 4EU2
£2,75012/240.4 mi-2
£1,89504/240.4 mi-2
£1,67512/240.4 mi-2
£2,00012/240.4 mi-2
£2,68404/240.4 miHeadstone Road, Harrow, Middlesex, HA12
£2,08404/240.4 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,25604/240.4 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,68404/240.4 miHeadstone Road, Harrow, Middlesex, HA12
£2,08404/240.4 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,25604/240.4 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,26704/240.4 miHeadstone Road, Harrow, Middlesex, HA12
£2,68404/240.4 miHeadstone Road, Harrow, Middlesex, HA12
£2,08404/240.4 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£2,26704/240.4 miHeadstone Road, Harrow, Middlesex, HA12
£2,68404/240.4 miHeadstone Road, Harrow, Middlesex, HA12
£2,08404/240.4 miHeadstone Road, Harrow-on-the-Hill, Middlesex, HA12
£1,80012/240.41 mi-2

Local Area Statistics

Population in HA1

38,441

Population in Harrow

164,559

Town centre distance

0.90 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 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 £260,000

March 5, 2025

Listed for £265,000

February 5, 2025

Description

  • Ideal for first time buyers or investors +
  • Ground floor apartment +
  • No chain +
  • Sought after location +
  • Two double bedrooms +
  • Spacious Lounge +

This well-located, two bedroom ground floor apartment would make a perfect buy for a first time buyer, looking to get on to the property ladder or an avid investor looking to expand their portfolio.

Situated in a highly desirable area, this property is just a short walk from both Harrow-on-the-Hill Station and Harrow Town Centre, providing excellent transport links and a range of local amenities.

This property offers great value and is a must-see for anyone looking for a home in this sought-after location.

A viewing is highly recommended to fully appreciate the potential of this flat.

Tenure: Leasehold (88 Years Remaining)
Service Charge: £200 per month
Ground Rent: £10 per Annum
Council Tax: C (London Borough of Harrow)
EPC Rating: E

Agent Details

Winkworth, Harrow

020 3908 8473

Next Steps?

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