2 Bed Terraced House, Refurb/BRRR, Stanmore, HA7 3SQ, £425,000

Robb Road, Stanmore, Middlesex, HA7 3SQ - 3 views - 2 months ago

Auction
Refurb/BRRR
ROI: 1%
~68 m²
+12 photos

ValuationFair Value

Sold Prices£380K - £835K
Sold Prices/m²£5K/m² - £10.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£433,500

 

 

End Value (After Refurb)

£414,377

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£36,033

Bridging Loan Interest

£11,156

Total Cash In

£177,889

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£414,377

Mortgage (After Refinance)

£310,783

Mortgage LTV

75%

Cash Left In

£177,889

Equity

£103,594

Rent Range

£1,650 - £2,250

Rent Estimate

£1,887

Running Costs/mo

£1,692

Cashflow/mo

£195

Cashflow/yr

£2,336

ROI

1%

Gross Yield

5%

Local Sold Prices

31 sold prices from £380K to £835K, average is £560K. £5K/m² to £10.3K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£610K09/210.12 mi44, Kenneth Gardens, Stanmore, Greater London HA7 3SD2
£820K06/210.12 mi2, Kenneth Gardens, Stanmore, Greater London HA7 3SD2
£560K12/220.13 mi32, Kenneth Gardens, Stanmore, Greater London HA7 3SD2
£550K08/230.14 mi51, Kenneth Gardens, Stanmore, Greater London HA7 3SA2
£510K09/230.18 mi28, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£625K05/230.18 mi1, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£530K01/210.18 mi25, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£582.5K05/230.18 mi9, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£495K05/210.27 mi126, Gordon Avenue, Stanmore, Greater London HA7 3QU2
£560K06/210.29 mi6, Holme Way, Stanmore, Greater London HA7 3RE2
£444K10/210.32 mi52a, Woodlands Drive, Stanmore, Greater London HA7 3PA2
£485K11/220.34 mi822, Kenton Lane, Harrow, Greater London HA3 6AG2
£470K03/210.44 mi8, Winston Close, Harrow, Greater London HA3 6AL2
£627.5K04/220.44 mi2, Richmond Gardens, Harrow, Greater London HA3 6AJ2
£742.5K09/220.46 mi6, Tudor Well Close, Stanmore, Greater London HA7 2SD2
£380K04/230.5 mi9, Laurel Park, Harrow, Greater London HA3 6AU2
£615K03/210.51 mi43, Elm Park, Stanmore, Greater London HA7 4AU2
£700K10/200.53 mi32, Embry Way, Stanmore, Greater London HA7 3AZ2
£422.5K10/200.53 mi15, Kingfisher Close, Harrow Weald, Harrow, Greater London HA3 6DA2
£420K04/210.53 mi8, Kingfisher Close, Harrow Weald, Harrow, Greater London HA3 6DA2
£505K02/210.53 mi37, Whitegate Gardens, Harrow, Greater London HA3 6BW2
£565K06/230.58 mi34, Glebe Road, Stanmore, Greater London HA7 4EL2
£710K08/220.59 mi30, Glebe Road, Stanmore, Greater London HA7 4EL2
£525K11/230.6 mi25, Weald Rise, Harrow, Greater London HA3 7DQ2
£528K01/210.64 mi34, College Close, Harrow, Greater London HA3 7BZ2
£570K06/210.71 mi137, College Hill Road, Harrow, Greater London HA3 7BX2
£450K02/210.72 mi32, Laburnum Court, Stanmore, Greater London HA7 4JP2
£600K06/230.75 mi2, Hollybush Close, Harrow, Greater London HA3 7DP2
£835K12/200.81 mi32, Fallowfield, Stanmore, Greater London HA7 3DF2
£655K07/210.94 mi61, Du Cros Drive, Stanmore, Greater London HA7 4TL2
£387.5K10/200.95 mi30, The Middle Way, Harrow, Greater London HA3 7EG2

Local Rents

28 rents from £1.6K/mo to £2.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,20012/240.08 mi-2
£2,20004/240.08 miGordon Avenue, Stanmore, HA72
£1,80002/250.1 mi-2
£1,75002/250.16 mi-2
£1,95001/240.19 miGoodhall Close Stanmore HA72
£1,85004/240.22 miDouglas Close, Essex House, HA72
£1,70012/240.23 mi-2
£2,25001/250.24 mi-2
£1,80002/250.27 mi-2
£1,85004/240.29 miGleneagles, Stanmore, HA72
£1,90003/240.29 miGleneagles, Gordon Avenue, Stanmore, HA72
£1,90002/240.29 miCairn Way, Stanmore, Greater London, HA72
£1,90001/240.29 miCairn Way, Stanmore2
£1,90002/240.3 miCairn Way, Stanmore, Middlesex, HA72
£1,90001/240.3 miStanmore, Middlesex. HA7 3RF2
£1,90004/240.36 miStanmore, Harrow, HA72
£1,65004/240.42 miLindeth Close, (PK408), Stanmore, HA72
£1,65012/240.42 miLindeth Close, (PK408), Stanmore, HA72
£1,65002/240.47 miDromey Gardens, Harrow Weald2
£2,20004/240.48 mi-2
£1,75002/250.49 mi-2
£1,65003/250.49 mi-2
£1,70003/250.49 mi-2
£1,75004/240.54 mi-2
£2,00001/250.55 mi-2
£2,00004/240.58 miHonister Gardens, Stanmore, HA72
£1,84204/240.58 miHalsbury Close, Stanmore, HA72
£1,95004/240.62 miClaire Gardens Stanmore HA72

Local Area Statistics

Population in HA7

35,976

Town centre distance

0.36 miles away

Nearest school

0.60 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-40%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £425,000

February 19, 2025

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • End Of Terrace Position +
  • Strong Rental Demand +
  • Turnkey Property +
  • Guest W/C +

This beautifully renovated end-of-terrace, 2-bedroom property offers the perfect blend of modern living and convenience, located in the desirable area of Stanmore, HA7. Offered chain-free, this property is a must-see for both residential buyers and investors looking for a property that has it all.

As you step inside, you're greeted by a spacious reception room, flooded with natural light, offering an excellent space for relaxing or entertaining. The room flows seamlessly into a modern kitchen complete with integrated appliances, making cooking a delight. The property has been recently extended and fully renovated, giving it a contemporary feel throughout, with sleek finishes and a stylish design. The ground floor also features a convenient guest W/C for added comfort and practicality. Upstairs, you'll find two generously sized bedrooms, with fitted wardrobes and both offering ample space and comfort. The home benefits from allocated parking, ensuring you have a designated spot right at your doorstep.

This property is ideally situated in Stanmore, offering a fantastic array of nearby amenities. Families will appreciate the proximity to highly regarded schools such as Stanmore Primary School and North London Collegiate School, making the morning school run a breeze. Stanmore High Street is just a short walk away, offering a variety of shops, cafes, and restaurants to suit every taste. For daily essentials, the Stanmore Co-op and Waitrose are close by. Enjoy leisure activities at Stanmore Country Park, or visit Royal National Orthopaedic Hospital for healthcare services.

Conveniently located for those commuting into Central London, Stanmore Underground Station (Jubilee Line) is just a 10-minute walk away, offering a direct link into the heart of the city. Drivers will appreciate easy access to the M1 and M25, as well as proximity to Heathrow Airport, making this a fantastic spot for both professionals and frequent travellers. Public transport options are plentiful, with several bus routes running nearby, providing easy connections to neighbouring areas.

For residential buyers, this property is perfect for those looking to settle in a family-friendly area, with excellent schools, local shops, and green spaces. The spacious rooms and modern finishes provide a turnkey, comfortable and welcoming environment for everyday living.

For investors, the property's recent renovations, chain-free status, and desirable location make it an attractive proposition. The proximity to transport links and local amenities ensures high demand from tenants, making it a great addition to any portfolio. With the potential for strong rental yields and long-term capital growth, this is an opportunity you won't want to miss. As the property has been recently renovated, no work is required and ready to be rented straight away.

Council Tax Band: C
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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