3 Bed Terraced House, Planning Permission, London, NW4 2JT, £750,000

Kings Close, Hendon, London, NW4 2JT - 2 views - 2 months ago

Planning

ROI: 1%

~93 m²

+15 photos

ValuationFair Value

Sold Prices	£448K - £1.3M
Sold Prices/m²	£4.2K/m² - £11.3K/m²

Square Metres	~93 m²
Price/m²	£8.1K/m²
Value Estimate	£753,894£753,894

End Value (After Refurb)	£620,000£620,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£187,500£187,500
Stamp Duty & Legal Fees	£48,700£48,700
Refurb Costs	£49,200£49,200
Bridging Loan Interest	£19,688£19,688
Total Cash In	£306,838£306,838

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£620,000£620,000
Mortgage (After Refinance)	£465,000£465,000
Mortgage LTV	75%75%
Cash Left In	£306,838£306,838
Equity	£155,000£155,000
Rent Range	£1,950 - £4,700£1,950 - £4,700
Rent Estimate	£2,804
Running Costs/mo	£2,518£2,518
Cashflow/mo	£286£286
Cashflow/yr	£3,428£3,428
ROI	1%1%
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £448K to £1.3M, average is £773K. £4.2K/m² to £11.3K/m², average is £8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£750K	03/21	0.03 mi	24, Kings Close, London, Greater London NW4 2JT	-	-	3	Terraced House
£710K	09/23	0.05 mi	69, Hillview Gardens, London, Greater London NW4 2JP	£7,802	91	3	Semi-Detached House
£880K	12/23	0.09 mi	39, Southbourne Crescent, London, Greater London NW4 2JX	£8,381	105	3	Semi-Detached House
£915K	09/22	0.09 mi	30, Southbourne Crescent, London, Greater London NW4 2JY	-	-	3	Semi-Detached House
£900K	01/21	0.1 mi	19, Southbourne Crescent, London, Greater London NW4 2LB	£7,438	121	3	Semi-Detached House
£625K	09/22	0.13 mi	39, Albert Road, London, Greater London NW4 2SH	-	-	3	Terraced House
£747.5K	07/22	0.14 mi	19, Boyne Avenue, London, Greater London NW4 2JL	-	-	3	Terraced House
£605K	10/22	0.14 mi	105, Bell Lane, London, Greater London NW4 2AR	-	-	3	Terraced House
£448K	11/23	0.14 mi	24a, Hillview Gardens, London, Greater London NW4 2JH	£5,973	75	3	Terraced House
£585K	05/24	0.16 mi	56, Albert Road, London, Greater London NW4 2SD	£6,573	89	3	Terraced House
£625K	09/23	0.16 mi	40, Alexandra Road, London, Greater London NW4 2SA	-	-	3	Terraced House
£790K	01/23	0.18 mi	7, Alexandra Road, London, Greater London NW4 2SB	£6,870	115	3	Terraced House
£650K	01/24	0.18 mi	62, Alexandra Road, London, Greater London NW4 2RY	£7,065	92	3	Terraced House
£770K	11/23	0.2 mi	43, Alexandra Road, London, Greater London NW4 2RX	£6,696	115	3	Terraced House
£1.1M	01/24	0.2 mi	31, Holmfield Avenue, London, Greater London NW4 2LP	£8,398	128	3	Semi-Detached House
£785K	10/22	0.21 mi	142, Finchley Lane, London, Greater London NW4 1DB	£7,786	101	3	Detached House
£762K	06/22	0.24 mi	58, Bell Lane, London, Greater London NW4 2AE	£8,106	94	3	Terraced House
£716.4K	09/22	0.24 mi	94, Bell Lane, London, Greater London NW4 2AE	-	-	3	Terraced House
£752.5K	06/21	0.25 mi	74, Bell Lane, London, Greater London NW4 2AE	-	-	3	Terraced House
£1.1M	04/21	0.26 mi	39, Woodlands Close, London, Greater London NW11 9QR	£11,350	100	3	Semi-Detached House
£920K	03/21	0.27 mi	2, Tenterden Drive, London, Greater London NW4 1ED	£8,109	113	3	Detached House
£570K	01/24	0.33 mi	176, Great North Way, London, Greater London NW4 1DY	£6,129	93	3	Semi-Detached House
£856.1K	12/22	0.33 mi	8, First Avenue, London, Greater London NW4 2RJ	-	-	3	Terraced House
£700K	06/23	0.42 mi	Tudor Cottage, Tenterden Grove, London, Greater London NW4 1TH	£6,542	107	3	Semi-Detached House
£700K	05/23	0.45 mi	3, Westchester Drive, London, Greater London NW4 1RD	£4,185	167	3	Terraced House
£1.2M	07/23	0.45 mi	20, Shirehall Park, London, Greater London NW4 2QL	£9,777	125	3	Semi-Detached House
£1.1M	03/21	0.46 mi	5, Elm Park Gardens, London, Greater London NW4 2PJ	£10,559	106	3	Detached House
£955K	08/23	0.46 mi	11, Elm Close, London, Greater London NW4 2PH	£8,475	113	3	Semi-Detached House
£655K	01/24	0.48 mi	8, Lodge Road, London, Greater London NW4 4DD	£6,121	107	3	Terraced House
£550K	02/21	0.48 mi	26, Robin Lane, London, Greater London NW4 1EU	£5,392	102	3	Semi-Detached House
£650K	06/23	0.5 mi	26, Holders Hill Avenue, London, Greater London NW4 1ET	-	-	3	Semi-Detached House
£635K	12/22	0.52 mi	6, Johns Avenue, London, Greater London NW4 4EN	£5,826	109	3	Terraced House
£687.5K	03/24	0.52 mi	33, Johns Avenue, London, Greater London NW4 4EN	-	-	3	Semi-Detached House
£810K	09/22	0.53 mi	11, Holders Hill Avenue, London, Greater London NW4 1EN	-	-	3	Semi-Detached House
£1.0M	07/23	0.54 mi	48, Park View Gardens, London, Greater London NW4 2PN	£8,773	117	3	Semi-Detached House
£776K	06/22	0.54 mi	29, Ravenshurst Avenue, London, Greater London NW4 4EG	£6,208	125	3	Terraced House
£625K	11/20	0.56 mi	1b, Ridge Close, London, Greater London NW4 1ER	£6,510	96	3	Detached House
£1.1M	11/21	0.57 mi	18, Sinclair Grove, London, Greater London NW11 9JG	£11,111	99	3	Semi-Detached House
£1.3M	11/23	0.59 mi	43, Sinclair Grove, London, Greater London NW11 9JH	-	-	3	Detached House
£1.1M	10/23	0.6 mi	33, Hogarth Hill, London, Greater London NW11 6AY	£11,223	94	3	Semi-Detached House
£515K	09/23	0.6 mi	21, Fuller Street, London, Greater London NW4 4RR	-	-	3	Terraced House
£899K	03/21	0.61 mi	28, Addison Way, London, Greater London NW11 6AP	£9,564	94	3	Terraced House
£1.1M	02/23	0.62 mi	5, Asmuns Place, London, Greater London NW11 7XE	£10,777	103	3	Terraced House
£605K	06/21	0.62 mi	15, Asmuns Place, London, Greater London NW11 7XE	£9,042	67	3	Terraced House
£935K	11/22	0.62 mi	62, Cyprus Avenue, London, Greater London N3 1SR	-	-	3	Semi-Detached House
£920K	06/21	0.63 mi	31, Hogarth Hill, London, Greater London NW11 6AY	£10,222	90	3	Semi-Detached House
£1.1M	02/21	0.63 mi	17, Haslemere Avenue, London, Greater London NW4 2PU	£9,138	116	3	Detached House
£875.5K	04/23	0.65 mi	34, Wordsworth Walk, London, Greater London NW11 6AU	£9,728	90	3	Semi-Detached House
£970K	05/22	0.66 mi	72, Golders Manor Drive, London, Greater London NW11 9HT	-	-	3	Detached House
£505K	02/21	0.66 mi	7, Linksway, London, Greater London NW4 1JR	£5,260	96	3	Terraced House

Local Rents

49 rents from £1.9K/mo to £4.7K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	03/25	0.07 mi	-	3	Flat
£2,750	03/25	0.07 mi	-	3	Flat
£3,495	06/24	0.08 mi	Bell Lane, London	3	Flat
£3,000	04/25	0.08 mi	-	3	Terraced House
£3,250	06/24	0.09 mi	Bridge Lane, London, NW11	3	Flat
£2,250	06/24	0.11 mi	Hillview Gardens, NW4	3	Flat
£3,500	06/24	0.11 mi	The Brookdales, London, NW11	3	Terraced House
£3,497	06/24	0.11 mi	The Brookdales, London, NW11	3	Terraced House
£1,950	06/24	0.12 mi	Bell Lane, Hendon London, NW4	3	Flat
£2,100	07/24	0.12 mi	-	3	Flat
£2,201	06/24	0.13 mi	Albert Road, Hendon, NW4 2SG	3	Terraced House
£2,300	09/24	0.16 mi	-	3	Terraced House
£2,300	10/24	0.16 mi	-	3	Terraced House
£2,500	08/24	0.17 mi	Alexandra Road, Hendon, NW4 2SB	3	Terraced House
£3,900	06/24	0.23 mi	Havanna Drive, London, NW11	3	Flat
£3,495	06/24	0.24 mi	Bell Lane, Hendon, NW4	3	Flat
£3,493	06/24	0.24 mi	Bell Lane, London, NW4	3	Terraced House
£2,200	06/24	0.25 mi	-	3	Flat
£2,200	09/24	0.25 mi	-	3	Flat
£2,200	06/24	0.25 mi	Finchley Lane, London, NW4	3	Flat
£3,750	06/24	0.26 mi	BELL LANE, Hendon, London, NW4	3	Detached House
£2,475	08/24	0.28 mi	Finchley Lane, London, NW4	3	Flat
£2,450	12/24	0.28 mi	-	3	Flat
£2,850	06/24	0.29 mi	Victoria Road, Hendon, NW4	3	House
£2,850	07/24	0.3 mi	Victoria Road, Hendon, NW4	3	House
£2,850	08/24	0.3 mi	Fabric mews, Hendon, London, NW4	3	Terraced House
£3,800	07/24	0.31 mi	Boltmore Close, NW4 1EX	3	Bungalow
£3,800	08/24	0.32 mi	Boltmore Close, London nw4	3	Bungalow
£3,500	06/24	0.32 mi	Boltmore Close, London nw4	3	Flat
£2,515	07/24	0.33 mi	-	3	Flat
£2,500	07/24	0.33 mi	Hendon, London, NW4	3	Flat
£2,000	07/24	0.33 mi	Ashwood House, Belle Vue Estate, London, NW4	3	Flat
£2,000	08/24	0.33 mi	Ashwood House, Belle Vue Estate, London, NW4	3	Flat
£4,700	06/24	0.34 mi	Tenterden Grove, Hendon, London, NW4	3	Flat
£3,200	05/24	0.35 mi	Crooked Usage, N3	3	Detached House
£2,650	09/24	0.35 mi	-	3	Flat
£2,800	10/24	0.36 mi	-	3	Semi-Detached House
£2,795	11/24	0.36 mi	-	3	Semi-Detached House
£2,240	07/24	0.37 mi	Tenterden Grove, London, NW4	3	Flat
£2,950	08/24	0.38 mi	WAVERLEY GROVE, Finchley, London, N3	3	Flat
£4,200	08/24	0.38 mi	Brent Street, London, NW4	3	Bungalow
£2,500	08/24	0.39 mi	Brent Street, Hendon, London NW4	3	Flat
£2,150	06/24	0.39 mi	Finchley Lane, Hendon, London, NW4	3	Flat
£2,050	07/24	0.39 mi	Finchley Lane, Hendon, London, NW4	3	Flat
£3,000	08/24	0.39 mi	Acacia Court, 1 Brent Green, London, NW4 2HA	3	Flat
£2,500	09/24	0.39 mi	Brent Street,	3	Flat
£2,578	06/24	0.39 mi	Glebe Crescent, Hendon, NW4	3	Semi-Detached House
£2,950	08/24	0.4 mi	Waverley Grove, LONDON	3	Flat
£2,950	08/24	0.4 mi	Waverley Grove London N3	3	Flat

Local Area Statistics

Population in NW4	31,74531,745
Population in London	4,771,9214,771,921
Town centre distance	6.15 miles away6.15 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.72 miles away0.72 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+8%+8%

Property History

Listed for £750,000

February 11, 2025

Floor Plans

Description

Charming Mid-terrace House +
Three Bedrooms +
Two Reception Rooms +
Abundance of Natural Light +
Serene Location +
Close to Local Amenities & Transport Links +
Potential to Extend (STPP) +
Ideal for Families +
Highly Desirable Location +
Barnet Council Tax Band E +

Nestled in the tranquil setting of Kings Close, Hendon, this charming mid-terrace house presents an excellent opportunity for families seeking a bright and inviting home. With three well-proportioned bedrooms, this property offers ample space for comfortable living. The two reception rooms provide versatility, making them ideal for both relaxation and entertaining guests.

The house is bathed in natural light, creating a warm and welcoming atmosphere throughout. The peaceful location enhances the appeal, offering a serene retreat from the hustle and bustle of city life while still being conveniently close to local amenities and transport links.

Moreover, this property boasts significant potential for extension, subject to planning permission, allowing you to tailor the space to your family's needs. Whether you envision a larger kitchen, an additional bedroom, or a garden room, the possibilities are exciting.

This delightful family home is a must-see for anyone looking to settle in a desirable area of London. With its combination of space, light, and potential, it is sure to attract interest. Don’t miss the chance to make this lovely house your new home.

Phone Squires today to arrange an appointment to view this property.

Agent Details

Squires Estates, Hendon

020 3889 9107

Next Steps?

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

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