3 Bed Flat, Single Let, Harrow, HA2 9DN, £365,000

Alexandra Avenue, Harrow, HA2 9DN - 2 months ago

Leasehold
BTL
ROI: 3%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£195K - £757.5K
Sold Prices/m²£3.1K/m² - £6.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.9K/m²

Value Estimate

£449,057
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£17,900

Total Cash In

£109,150

 

 

Cash Out

 

Rent Range

£1,595 - £2,950

Rent Estimate

£1,747

Running Costs/mo

£1,510

Cashflow/mo

£237

Cashflow/yr

£2,844

ROI

3%

Gross Yield

6%

Local Sold Prices

39 sold prices from £195K to £757.5K, average is £375K. £3.1K/m² to £6.8K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£397K12/220.46 mi17, Fentiman Way, Harrow, Greater London HA2 8FD3
£300K09/230.67 mi59, Parkfield Road, Harrow, Greater London HA2 8LA3
£400K10/200.73 mi179, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AL3
£294K06/230.73 mi117a, Northolt Road, Harrow, Greater London HA2 0LX3
£195K12/210.73 mi157, Northolt Road, Harrow, Greater London HA2 0LX3
£335K03/210.77 mi226, The Heights, Northolt, Greater London UB5 4BX3
£338K04/211.01 mi11a, Newbury Way, Northolt, Greater London UB5 4JD3
£565K01/211.13 mi19, Elmfield Close, Harrow, Greater London HA1 3TL3
£757.5K11/201.22 mi33, King Henry Mews, Harrow, Greater London HA2 0JF3
£433K03/211.22 mi33, London Road, Harrow, Greater London HA1 3JJ3
£505K01/231.26 miFlat 15, The Mount House, Sudbury Hill, Harrow, Greater London HA1 3NH3
£480K10/231.27 mi15a, Imperial Drive, Harrow, Greater London HA2 7BP3
£420K06/231.27 mi15b, Imperial Drive, Harrow, Greater London HA2 7BP3
£290K06/211.29 mi12, Attewood Road, Northolt, Greater London UB5 5SJ3
£300K11/211.31 mi23, Stroud Field, Northolt, Greater London UB5 5SL3
£325K04/211.36 mi37a, Vaughan Road, Harrow, Greater London HA1 4DP3
£489.9K11/211.43 mi45, Wadham Gardens, Greenford, Greater London UB6 0BP3
£495K12/201.59 mi31, Deane Avenue, Ruislip, Greater London HA4 6SP3
£536K05/211.62 mi85, Sherwood Avenue, Greenford, Greater London UB6 0PQ3
£375K06/211.64 mi35a, Southfield Park, Harrow, Greater London HA2 6HF3
£325K10/201.67 mi87a, Salisbury Road, Harrow, Greater London HA1 1NX3
£329.5K04/211.7 mi41, Grove Avenue, Pinner, Greater London HA5 5NU3
£285K05/231.71 mi97a, Field End Road, Pinner, Greater London HA5 1QG3
£380K11/201.73 mi679, Pinner Road, Pinner, Greater London HA5 5QZ3
£350K03/231.73 mi114a, Field End Road, Pinner, Greater London HA5 1RL3
£380K11/201.74 mi679, Pinner Road, Pinner, Greater London HA5 5QZ3
£365K08/211.74 mi96a, Field End Road, Pinner, Greater London HA5 1RL3
£350K01/241.78 mi30, Capel Gardens, Pinner, Greater London HA5 5RG3
£375K08/231.79 mi87a, Marsh Road, Pinner, Greater London HA5 5PA3
£400K04/211.8 mi17, Radnor Road, Harrow, Greater London HA1 1RY3
£450K02/211.8 mi25a, Wellesley Road, Harrow, Greater London HA1 1QL3
£363K12/201.87 mi32a, Warrington Road, Harrow, Greater London HA1 1SY3
£400K12/201.89 mi1, Elmwood Court, Wembley, Greater London HA0 2NT3
£610K07/231.91 mi8a, West End Avenue, Pinner, Greater London HA5 1BJ3
£365K04/211.94 mi3, Community Road, Greenford, Greater London UB6 8XF3
£360K09/211.94 mi45, Stable Close, Northolt, Greater London UB5 6TW3
£375K06/211.96 mi29, Legion Road, Greenford, Greater London UB6 8XG3
£345K06/211.96 mi2, Legion Road, Greenford, Greater London UB6 8XG3
£375.5K06/231.96 mi130, Farrier Road, Northolt, Greater London UB5 6TY3

Local Rents

51 rents from £1.6K/mo to £3K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20001/250.11 mi-3
£2,00003/250.23 mi-3
£2,40003/250.23 mi-3
£2,00002/250.27 mi-3
£2,60004/240.27 mi-3
£2,30012/240.31 mi-3
£2,30002/240.31 miKings Road, Harrow3
£2,22512/240.36 mi-3
£2,35012/240.36 mi-3
£2,10002/250.36 mi-3
£2,95001/250.37 mi-3
£2,25004/240.37 mi-3
£2,30002/250.37 mi-3
£2,30003/250.38 mi-3
£2,30004/240.39 mi-3
£2,30004/240.39 mi-3
£2,10003/250.4 mi-3
£2,20012/240.41 mi-3
£2,10003/240.41 miOxleay Road, Harrow, Greater London, HA23
£1,85012/240.43 mi-3
£1,85012/240.43 mi-3
£2,25003/250.44 mi-3
£2,25004/240.44 miLeamington Crescent, Harrow3
£2,75012/240.45 mi-3
£2,50002/240.45 mi-3
£1,82512/240.46 mi-3
£1,70012/240.46 mi-3
£2,20004/240.46 mi-3
£2,20012/240.46 mi-3
£1,99512/240.46 mi-3
£1,59512/240.46 mi-3
£2,45003/250.47 mi-3
£2,25002/240.47 miArundel Drive, Harrow, HA23
£2,50012/240.48 mi-3
£1,85001/250.49 mi-3
£1,85001/250.49 mi-3
£1,87504/240.49 miValentine Road, Harrow3
£2,30002/240.52 mi-3
£2,75003/250.53 mi-3
£2,30003/250.54 mi-3
£2,50004/240.54 mi-3
£2,20004/240.56 miMalvern Avenue, Harrow, HA23
£2,40003/250.57 mi-3
£2,75002/250.58 mi-3
£2,60002/240.58 miRoxeth Grove, South Harrow, Harrow, HA23
£2,30003/250.58 mi-3
£2,80012/240.59 mi-3
£2,20003/250.59 mi-3
£2,40003/250.59 mi-3
£2,40003/250.6 mi-3
£2,40003/250.6 mi-3

Local Area Statistics

Population in HA2

55,273

Population in Harrow

164,559

Town centre distance

2.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Listed for £365,000

February 11, 2025

Floor Plans

Description

  • 3 Bedroom Flat +
  • Close To Rayners Lane Station +
  • Near To South Harrow Station +
  • 997 Year Lease +

The Property
Spacious three bedroom ground floor flat with access to garden. New Bathroom and kitchen. The property is located on a slip road alongside Alexandra Avenue approximately ¾ mile from either Rayners Lane or South Harrow Piccadilly Line Stations and within a few hundred yards of local shops and 398 bus route.

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 31/05/3021

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Harrow

020 3909 9814

Next Steps?

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