3 Bed Semi-Detached House, Refurb/BRRR, London, NW4 4XD, £640,000

23 Westside, London, NW4 4XD - 3 views - 2 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£420K - £1.4M
Sold Prices/m²£4.5K/m² - £9.8K/m²

 

 

Square Metres

~93 m²
Price/m²£6.9K/m²

Value Estimate

£497,250

 

 

End Value (After Refurb)

£546,698

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£160,000

Stamp Duty & Legal Fees

£35,500

Refurb Costs

£49,200

Bridging Loan Interest

£16,800

Total Cash In

£263,250

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£546,698

Mortgage (After Refinance)

£410,024

Mortgage LTV

75%

Cash Left In

£263,250

Equity

£136,675

Rent Range

£1,700 - £3,800

Rent Estimate

£2,535

Running Costs/mo

£2,235

Cashflow/mo

£300

Cashflow/yr

£3,595

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £420K to £1.4M, average is £682.5K. £4.5K/m² to £9.8K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£622K01/240.09 mi437, Watford Way, London, Greater London NW4 4TR3
£450K06/210.09 mi427, Watford Way, London, Greater London NW4 4TR3
£600K05/210.09 mi461, Watford Way, London, Greater London NW4 4TR3
£650K09/220.18 mi71, Hall Lane, London, Greater London NW4 4TJ3
£650K10/200.3 mi71, Southfields, London, Greater London NW4 4NA3
£865K04/210.32 mi48, Southfields, London, Greater London NW4 4NB3
£650K10/200.32 mi9, Tithe Close, London, Greater London NW7 2QD3
£585K06/210.32 mi19, Tithe Close, London, Greater London NW7 2QD3
£785K08/220.34 mi130, Sunny Gardens Road, London, Greater London NW4 1SE3
£653.5K03/210.37 mi16, Tithe Walk, London, Greater London NW7 2QA3
£615K09/230.38 mi11, Tithe Walk, London, Greater London NW7 2PY3
£780K08/220.39 mi8, Southfields, London, Greater London NW4 4ND3
£722.5K01/240.39 mi20, Southfields, London, Greater London NW4 4ND3
£840K11/220.39 mi32, Sunny Hill, London, Greater London NW4 4LL3
£700K06/210.41 mi37, Southfields, London, Greater London NW4 4LX3
£730K06/210.42 mi22, Sunny Hill, London, Greater London NW4 4LL3
£620K11/200.43 mi44, Longfield Avenue, London, Greater London NW7 2EG3
£575K12/200.43 mi32, Longfield Avenue, London, Greater London NW7 2EG3
£735K04/210.43 mi51, Longfield Avenue, London, Greater London NW7 2EH3
£730K10/200.44 mi100, Sunny Gardens Road, London, Greater London NW4 1RY3
£664K03/210.44 mi47, Colenso Drive, London, Greater London NW7 2EA3
£740K06/220.44 mi41, Colenso Drive, London, Greater London NW7 2EA3
£760K05/220.44 mi21, Hendale Avenue, London, Greater London NW4 4LU3
£660K06/210.45 mi45, Colenso Drive, London, Greater London NW7 2EA3
£550K01/230.45 mi15, Burnham Close, London, Greater London NW7 2SE3
£690K10/200.45 mi18, Bampton Drive, London, Greater London NW7 2AY3
£715K03/240.45 mi26, Bampton Drive, London, Greater London NW7 2AY3
£420K05/210.46 miFlat 9, Comet, Lower Strand, London, Greater London NW9 5NN3
£712K05/230.47 mi26, Colenso Drive, London, Greater London NW7 2EB3
£885K01/210.47 mi21, Rowsley Avenue, London, Greater London NW4 1AP3
£950K12/220.48 mi22, Hendale Avenue, London, Greater London NW4 4LR3
£720K05/220.48 mi28, Colenso Drive, London, Greater London NW7 2EB3
£775K11/200.49 mi28, St Marys Crescent, London, Greater London NW4 4LH3
£625K04/210.49 mi9, Sebergham Grove, London, Greater London NW7 2AU3
£702K07/230.49 mi8, Sebergham Grove, London, Greater London NW7 2AU3
£675K03/220.5 mi21, Colenso Drive, London, Greater London NW7 2EY3
£527.5K12/220.51 mi83, Longfield Avenue, London, Greater London NW7 2SA3
£660K06/210.52 mi14, Colenso Drive, London, Greater London NW7 2EZ3
£625K08/230.55 mi61, Bunns Lane, London, Greater London NW7 2DX3
£530K02/210.56 mi90, Rowlands Close, London, Greater London NW7 2DW3
£700K11/230.57 mi74, Sunningfields Road, London, Greater London NW4 4RL3
£640K03/220.58 mi22, Bunns Lane, London, Greater London NW7 2NE3
£770K01/210.6 mi26, Bunns Lane, London, Greater London NW7 2DU3
£670K04/230.64 mi42, Pursley Road, London, Greater London NW7 2BS3
£1.4M01/230.65 miValmara, 15, Tudor Close, London, Greater London NW7 2BG3
£490K11/230.66 mi64, Corner Mead, London, Greater London NW9 5RD3
£750K09/230.67 mi32, Featherstone Road, London, Greater London NW7 2BN3
£750K09/230.67 mi36, Featherstone Road, London, Greater London NW7 2BN3
£950K11/220.68 mi5, Copthall Drive, London, Greater London NW7 2ND3
£515K09/230.7 mi21, Fuller Street, London, Greater London NW4 4RR3

Local Rents

48 rents from £1.7K/mo to £3.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£3,75003/250.04 mi-3
£2,40007/240.04 miBarford Close, Hendon, London, NW43
£2,40007/240.04 miBarford Close, London3
£2,25006/240.1 mi-3
£2,75008/240.14 mi-3
£2,80010/240.14 mi-3
£2,45007/240.15 miHall Lane, Hendon, NW43
£1,70010/240.26 mi-3
£1,95007/240.3 miGilda Court, Mill Hill, London, NW73
£1,95008/240.3 miGilda Court, Hendon, London, NW73
£2,10006/240.33 miBuckingham Court, Watford Way, London, NW43
£2,15008/240.33 miWatford Way, Hendon, London, NW43
£2,15008/240.33 miWatford Way, Hendon, London, NW43
£2,35007/240.35 mi-3
£2,75007/240.38 miFermont House, Beaufort Square, NW93
£3,00003/250.4 mi-3
£1,80008/240.4 miSunningfields Road, Hendon, London, NW43
£3,00008/240.4 miBeaufort Square, London, NW93
£2,93806/240.42 miEast Drive, Colindale, NW9 4FE – 3 Bedrooms Flat3
£2,75006/240.42 miEast Drive, Beaufort Park, NW93
£3,00006/240.42 miEast Drive, Colindale, London, NW93
£2,89906/240.42 miEast Drive, Colindale, London, NW93
£3,50006/240.43 miFarington House, London, NW93
£3,50006/240.43 mi-3
£2,00007/240.44 mi-3
£2,75007/240.44 miBeaufort Square, Colindale3
£2,30006/240.44 miLongfield Avenue, Mill Hill, NW73
£2,75003/250.44 mi-3
£2,50007/240.45 miBeaufort Square, Colindale, NW93
£2,99506/240.45 miFranco Avenue, Colindale, NW93
£2,20003/250.47 mi-3
£2,80007/240.47 miBoulevard Drive, Colindale, NW9 5XD3
£3,25006/240.47 miAerodrome Road London NW93
£3,10008/240.47 miCoxwell Boulevard, Colindale , NW93
£3,00008/240.47 miCoxwell Boulevard, Colindale , NW93
£1,70010/240.47 mi-3
£2,20009/240.48 mi-3
£2,20009/240.48 mi-3
£1,75009/240.48 mi-3
£3,80003/250.48 mi-3
£2,50007/240.49 miBoulevard Drive, London3
£2,40007/240.49 mi5 Boulevard Drive, London3
£3,35009/240.49 miAerodrome Road, London, NW93
£2,35009/240.5 mi-3
£2,50009/240.5 mi-3
£2,30008/240.5 miUncinia House, Alderney Close Colindale Gardens, NW93
£2,30008/240.5 miUncinia House, Alderney Close Colindale Gardens, NW93
£2,70006/240.52 miHeritage Avenue, Colindale, London, NW93

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

7.35 miles away

Nearest school

0.30 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Price changed to £640,000

March 20, 2025

Listed for £585,000

February 6, 2025

Description

  • 3 Bedrooms +
  • Garage +
  • Driveway +
  • EPC Rating E +
  • Council Tax Band E +
  • Garden +
  • Spacious +
  • Semi Detached House +

ABC Estates are delighted to present this larger than average 3 bedroom semi-detached house on Westside, NW4. This property is one of the largest on the street that has not yet been extended.

Disclaimer - In accordance with the 1991 Property Misdescriptions Act, these details, photographs, and the floor plan have been prepared in good faith and as a general guide, not a statement of fact. We have not carried out a survey and the services, appliances and specific fittings have not been tested. Measurements are approximate and where possible taken to the widest point.For details of our Affiliations, Redress Schemes, Fees, and Complaints Procedure, please visit

Additional Information -

Full Description - ABC Estates are delighted to present this larger than average 3 bedroom semi-detached house on Westside, NW4.

In need of modernisation throughout and with great potential to extend subject to the relevant permissions.

Comprising 3 double bedrooms, spacious through lounge, family bathroom, w/c on both ground and first floor and a large separate kitchen.

This property further benefits from a driveway large enough for 2 cars, rear garden with both patio and grass and a large garage to the rear of the property.

Situated on a quiet road with various local transport links and amenities.

Agent Details

Aldermartin Baines & Cuthbert, Hendon

020 3879 5164

Next Steps?

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

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