3 Bed Terraced House, Refurb/BRRR, Harrow, HA1 4UH, £500,000

124 HEADSTONE DRIVE HARROW, HA1 4UH - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
93 m²
+4 photos

ValuationFair Value

Sold Prices£417K - £735K
Sold Prices/m²£4.8K/m² - £7.1K/m²

 

 

Square Metres

93 m²
Price/m²£5.4K/m²

Value Estimate

£500,000

 

 

End Value (After Refurb)

£533,563

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£49,265

Bridging Loan Interest

£13,125

Total Cash In

£217,840

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£533,563

Mortgage (After Refinance)

£400,172

Mortgage LTV

75%

Cash Released

£25,172

Cash Left In

£192,668

Equity

£133,391

Rent Range

£1,500 - £3,000

Rent Estimate

£2,305

Running Costs/mo

£2,148

Cashflow/mo

£157

Cashflow/yr

£1,879

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £417K to £735K, average is £547.5K. £4.8K/m² to £7.1K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£525K08/210.06 mi32, Walton Road, Harrow, Greater London HA1 4UT3
£558K08/210.1 mi22, Earls Crescent, Harrow, Greater London HA1 1XN3
£460K06/210.11 mi3, Harley Road, Harrow, Greater London HA1 4XF3
£540K09/220.14 mi204, Headstone Drive, Harrow, Greater London HA1 4UP3
£615K01/210.14 mi15, Earls Crescent, Harrow, Greater London HA1 1XL3
£515K03/230.14 mi8, Harley Road, Harrow, Greater London HA1 4XG3
£471K05/230.14 mi32, Harley Road, Harrow, Greater London HA1 4XG3
£527K06/210.14 mi54, Walton Road, Harrow, Greater London HA1 4UU3
£565K03/210.14 mi60, Walton Road, Harrow, Greater London HA1 4UU3
£520K05/210.16 mi17, View Close, Harrow, Greater London HA1 4ST3
£607K06/230.17 mi6, Dukes Avenue, Harrow, Greater London HA1 1XW3
£520K05/210.17 mi17, View Close, Harrow, Greater London HA1 4ST3
£480K03/210.19 mi32, Harley Crescent, Harrow, Greater London HA1 4XJ3
£480K04/210.19 mi34, Princes Drive, Harrow, Greater London HA1 1XH3
£605K09/230.19 mi16, Princes Drive, Harrow, Greater London HA1 1XH3
£540K04/230.2 mi169, Harrow View, Harrow, Greater London HA1 4SU3
£520K06/210.22 mi47, Harley Crescent, Harrow, Greater London HA1 4XH3
£595K05/210.22 mi61, Kings Way, Harrow, Greater London HA1 1XT3
£417K06/210.23 mi70, Graham Road, Harrow, Greater London HA3 5RG3
£458K03/210.24 mi45, Wellington Road, Harrow, Greater London HA3 5SD3
£465K08/210.29 mi38, Graham Road, Wealdstone, Harrow, Greater London HA3 5RF3
£495K06/210.29 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£495K06/210.29 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£675K06/230.31 mi26, Headstone Gardens, Harrow, Greater London HA2 6PP3
£535K11/210.31 mi17, Sidney Road, Harrow, Greater London HA2 6QE3
£630K09/230.31 mi5, Sidney Road, Harrow, Greater London HA2 6QE3
£635K08/230.32 mi7, Sparkbridge Road, Harrow, Greater London HA1 1TJ3
£563.8K11/200.32 mi35, Moat Drive, Harrow, Greater London HA1 4RY3
£735K12/220.32 mi53, Moat Drive, Harrow, Greater London HA1 4RY3
£615K01/230.32 mi43, Moat Drive, Harrow, Greater London HA1 4RY3
£600K02/210.32 mi134, Marlborough Hill, Harrow, Greater London HA1 1UD3
£545K06/210.33 mi67, Bolton Road, Harrow, Greater London HA1 4SB3
£550K06/210.33 mi50, Bolton Road, Harrow, Greater London HA1 4SA3
£575K07/230.33 mi30, Brook Drive, Harrow, Greater London HA1 4RT3
£630K10/220.33 mi28, Hide Road, Harrow, Greater London HA1 4SF3
£660K03/210.33 mi33, Torver Road, Harrow, Greater London HA1 1TH3
£634K12/200.34 mi27, Hide Road, Harrow, Greater London HA1 4SG3
£535K02/230.34 mi1, Hide Road, Harrow, Greater London HA1 4SG3
£510K02/210.34 mi47, Headstone Gardens, Harrow, Greater London HA2 6PH3
£460K04/210.36 mi77, Athelstone Road, Harrow, Greater London HA3 5NY3
£645K03/230.37 mi13, Lowick Road, Harrow, Greater London HA1 1UP3
£652.5K10/230.38 mi26, Torver Road, Harrow, Greater London HA1 1TQ3
£650K09/230.38 mi1, Torver Road, Harrow, Greater London HA1 1TQ3
£640K11/200.38 mi29, Longley Road, Harrow, Greater London HA1 4TG3
£593K08/230.39 mi52, Victor Road, Harrow, Greater London HA2 6PZ3
£482K11/220.39 mi57, Masons Avenue, Harrow, Greater London HA3 5AN3
£585K01/230.4 mi27, Albert Road, Harrow, Greater London HA2 6PS3
£610K06/210.4 mi24, Albert Road, Harrow, Greater London HA2 6PS3
£535K12/220.41 mi21, Wickham Road, Harrow, Greater London HA3 5PN3
£468K09/210.43 mi77, Canning Road, Harrow, Greater London HA3 7SP3

Local Rents

42 rents from £1.5K/mo to £3K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,95004/240.13 miHarrow, HA13
£2,95004/240.13 miEarl Crescent, HA13
£2,55004/240.17 mi-3
£2,40004/240.2 miHarrow View, HARROW3
£1,95002/250.21 mi-3
£2,45004/240.21 mi-3
£2,42502/250.21 mi-3
£2,30012/240.22 mi-3
£2,45003/250.24 mi-3
£2,50004/240.26 mi-3
£2,10001/250.28 mi-3
£2,10012/240.35 mi-3
£1,85004/240.36 mi-3
£3,00001/230.37 miLowick Road, Harrow3
£2,00004/240.38 miWhitefriars Avenue, Harrow3
£2,00003/250.38 mi-3
£2,00001/250.38 mi-3
£2,20004/240.39 mi-3
£2,10003/250.39 mi-3
£2,45004/240.4 miTorver Road, Harrow3
£2,20004/240.42 miFlat 2 Radnor Road, Harrow3
£2,40004/240.43 miWickham Road, Harrow, Middlesex HA33
£2,45003/250.45 mi-3
£1,50003/250.48 mi-3
£2,10012/240.49 mi-3
£2,10004/240.49 miNibthwaite Road, London, HA13
£2,05004/240.49 miLorne Road, Harrow, Greater London, HA33
£2,10004/240.5 mi-3
£2,40004/240.5 miBalfour Road, Harrow3
£2,10003/250.52 mi-3
£1,80012/240.52 mi-3
£2,00004/250.52 mi-3
£1,65001/250.53 mi-3
£1,65003/250.53 mi-3
£1,85004/240.54 miPinner View, Harrow3
£2,25003/240.56 miSpencer Road, Harrow3
£2,60004/240.56 miStation Road,3
£2,50003/250.57 mi-3
£2,50004/240.59 miStation Road,3
£2,35004/240.6 miParkfield Crescent, Harrow, HA2 6LE3
£3,00004/240.61 miFarmstead Road, Harrow3
£2,60012/240.61 mi-3

Local Area Statistics

Population in HA1

38,441

Population in Harrow

164,559

Town centre distance

0.61 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Buyer's market

Capital growth (5yrs)

+22%

Property History

Listed for £500,000

February 14, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • NO UPPER CHAIN +
  • WALKING DISTANCE TO HARROW & WEALDSTONE STATION +
  • DRIVEWAY PARKING +
  • ENCLOSED REAR GARDEN +
  • IN NEED OF UPDATING +
  • SHORT WALK TO HARROW TOWN CENTRE +
  • DUAL ASPECT LOUNGE/DINING ROOM +

A three bedroom terraced house with a driveway and garage to the rear, located within walking distance of Harrow & Wealdstone Station and centre. Offered with no onward chain, the property is in need of updating, providing potential for buyers to customise and improve according to their preferences.

Accommodation - This three bedroom terraced house offers excellent potential for renovation, providing a blank canvas for those looking to modernise and make it their own. The property features a block paved driveway at the front, offering off-street parking, and a private rear garden. To the rear of the garden there is also a garage, accessed via a service road.

Inside, you'll find a spacious dual aspect lounge/dining room, providing a bright and airy space for family living. The kitchen, though in need of updating, offers ample space and is well positioned to become a modern hub of the home.

The property offers three well proportioned bedrooms, perfect for a family or those in need of extra space. The bathroom requires modernisation but holds great potential to be transformed into a contemporary, functional space.

Agent Details

George David & Co, Aylesbury

01296 254942

Next Steps?

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