5 Bed HMO, London, NW10 8UE, £1,200,000

Greenhill Road, London NW10 8UE - 4 views - 2 months ago

Under Offer

HMO

Refurb/BRRR

Planning

~178 m²

+18 photos

ValuationUndervalued

Sold Prices	£306.4K - £2.4M
Sold Prices/m²	£3.8K/m² - £14.2K/m²

Square Metres	~178.28 m²
Price/m²	£6.7K/m²
Value Estimate	£1,236,000£1,236,000
BMV	3%

End Value (After Refurb)	£1,100,297£1,100,297

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£300,000£300,000
Stamp Duty & Legal Fees	£98,450£98,450
Refurb Costs	£94,317£94,317
Bridging Loan Interest	£31,500£31,500
Total Cash In	£526,017£526,017

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,100,297£1,100,297
Mortgage (After Refinance)	£825,223£825,223
Mortgage LTV	75%75%
Cash Left In	£526,017£526,017
Equity	£275,074£275,074
Room Rate	£875£875
Gross Rent	£4,375£4,375
Running Costs/mo	£5,190£5,190
Cashflow/mo	£-815£-815
Cashflow/yr	£-9,777£-9,777
Gross Yield	4%4%

Local Sold Prices

51 sold prices from £306.4K to £2.4M, average is £1.5M. £3.8K/m² to £14.2K/m², average is £8.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£885K	11/22	0.05 mi	29, St Albans Road, London, Greater London NW10 8UG	-	-	5	Semi-Detached House
£700K	02/23	0.23 mi	24, St Marys Road, London, Greater London NW10 4AP	£3,846	182	5	Semi-Detached House
£820K	08/22	0.35 mi	86, Brownlow Road, London, Greater London NW10 9QT	£6,891	119	5	Semi-Detached House
£915K	06/21	0.42 mi	82, Harlesden Gardens, London, Greater London NW10 4HA	£7,562	121	5	Semi-Detached House
£1.4M	10/22	0.46 mi	58, Harlesden Gardens, London, Greater London NW10 4EX	£6,675	212	5	Semi-Detached House
£1.5M	08/22	0.76 mi	16, Spezia Road, London, Greater London NW10 4QJ	£8,879	170	5	Semi-Detached House
£1.3M	02/21	0.77 mi	41, Bramston Road, London, Greater London NW10 5TX	£5,876	217	5	Terraced House
£1.5M	01/24	0.77 mi	41, Bramston Road, London, Greater London NW10 5TX	£7,097	217	5	Terraced House
£500K	09/23	1 mi	20, Grittleton Avenue, Wembley, Greater London HA9 6NU	£6,329	79	5	Semi-Detached House
£1.5M	09/22	1.01 mi	49b, Kings Road, London, Greater London NW10 2BP	£13,043	115	5	Semi-Detached House
£2.0M	09/23	1.06 mi	111, Buchanan Gardens, London, Greater London NW10 5AA	£11,350	176	5	Terraced House
£675K	08/22	1.08 mi	65, Wells House Road, London, Greater London NW10 6ED	-	-	5	Semi-Detached House
£1.9M	06/22	1.08 mi	4, Alexander Avenue, London, Greater London NW10 3QS	£8,298	235	5	Detached House
£585K	03/24	1.09 mi	374, Western Avenue, London, Greater London W3 0PL	£5,467	107	5	Terraced House
£1.2M	02/24	1.1 mi	133, Bathurst Gardens, London, Greater London NW10 5JJ	£7,176	170	5	Semi-Detached House
£1.6M	10/21	1.1 mi	64, Donnington Road, London, Greater London NW10 3QU	-	-	5	Detached House
£1.5M	11/21	1.13 mi	29, Alexander Avenue, London, Greater London NW10 3QT	-	-	5	Detached House
£1.5M	11/21	1.14 mi	29, Alexander Avenue, London, Greater London NW10 3QT	-	-	5	Detached House
£1.6M	10/21	1.14 mi	64, Donnington Road, London, Greater London NW10 3QU	-	-	5	Detached House
£2.0M	10/20	1.15 mi	100, Leighton Gardens, London, Greater London NW10 3PR	£8,439	237	5	Semi-Detached House
£1.4M	11/20	1.16 mi	55, Buchanan Gardens, London, Greater London NW10 5AB	£10,238	139	5	Semi-Detached House
£900K	04/23	1.18 mi	82, Bathurst Gardens, London, Greater London NW10 5HY	-	-	5	Terraced House
£1.7M	05/21	1.18 mi	8, Herbert Gardens, London, Greater London NW10 3BU	£10,818	159	5	Semi-Detached House
£1.6M	06/21	1.18 mi	4, Herbert Gardens, London, Greater London NW10 3BU	£13,270	120	5	Terraced House
£1.7M	05/21	1.18 mi	8, Herbert Gardens, London, Greater London NW10 3BU	£10,818	159	5	Semi-Detached House
£1.5M	05/23	1.19 mi	67, Herbert Gardens, London, Greater London NW10 3BX	£9,462	158	5	Terraced House
£1.8M	08/23	1.2 mi	74, Buchanan Gardens, London, Greater London NW10 5AE	£14,189	126	5	Terraced House
£1.8M	08/23	1.2 mi	74, Buchanan Gardens, London, Greater London NW10 5AE	£14,189	126	5	Terraced House
£306.4K	12/23	1.23 mi	223, Oakington Manor Drive, Wembley, Greater London HA9 6ND	-	-	5	Semi-Detached House
£1.6M	11/21	1.24 mi	3, Buchanan Gardens, London, Greater London NW10 5AD	£12,500	132	5	Terraced House
£2.0M	02/21	1.24 mi	23, Chelmsford Square, London, Greater London NW10 3AP	-	-	5	Semi-Detached House
£1.6M	10/23	1.25 mi	25, Phillimore Gardens, London, Greater London NW10 3LL	-	-	5	Semi-Detached House
£1.8M	02/24	1.29 mi	42, Chambers Lane, London, Greater London NW10 2RJ	£10,169	177	5	Semi-Detached House
£1.2M	09/23	1.29 mi	12, Balmoral Road, London, Greater London NW2 5BT	£7,059	170	5	Terraced House
£1.9M	12/22	1.3 mi	41, Chambers Lane, London, Greater London NW10 2RJ	-	-	5	Semi-Detached House
£2.1M	10/20	1.3 mi	74, Leighton Gardens, London, Greater London NW10 3PU	£9,718	217	5	Semi-Detached House
£1.2M	04/21	1.3 mi	33, St Margarets Road, London, Greater London NW10 5PY	-	-	5	Terraced House
£1.3M	08/23	1.35 mi	97, Whitmore Gardens, London, Greater London NW10 5HE	-	-	5	Terraced House
£775K	11/20	1.36 mi	18, Lennox Gardens, London, Greater London NW10 1AB	£5,741	135	5	Semi-Detached House
£1.1M	01/24	1.36 mi	48, Mulgrave Road, London, Greater London NW10 1BT	£8,271	133	5	Terraced House
£1.8M	05/24	1.37 mi	40, Staverton Road, London, Greater London NW2 5HL	£8,663	202	5	Semi-Detached House
£2.1M	03/21	1.39 mi	75, Mount Pleasant Road, London, Greater London NW10 3EH	£9,767	215	5	Semi-Detached House
£1.6M	08/23	1.39 mi	99, Mount Pleasant Road, London, Greater London NW10 3EH	£8,556	187	5	Semi-Detached House
£1.3M	10/20	1.4 mi	93, Clifford Gardens, London, Greater London NW10 5JG	£10,110	130	5	Terraced House
£2.3M	10/20	1.41 mi	157, Brondesbury Park, London, Greater London NW2 5JL	£7,910	293	5	Detached House
£2.3M	06/23	1.41 mi	155, Brondesbury Park, London, Greater London NW2 5JL	-	-	5	Detached House
£2.2M	04/21	1.42 mi	17, Alverstone Road, London, Greater London NW2 5JS	£8,125	272	5	Semi-Detached House
£1.4M	03/21	1.44 mi	53, Burrows Road, London, Greater London NW10 5SJ	£10,226	141	5	Terraced House
£1.2M	02/21	1.44 mi	53, Kendal Road, London, Greater London NW10 1JG	£7,785	158	5	Detached House
£1.1M	06/21	1.44 mi	37, Kendal Road, London, Greater London NW10 1JG	£7,698	139	5	Semi-Detached House
£2.4M	12/20	1.46 mi	52, Milverton Road, London, Greater London NW6 7AP	£11,268	213	5	Detached House

Local Area Statistics

Population in NW10	91,82091,820
Population in London	4,771,9214,771,921
Town centre distance	6.48 miles away6.48 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.17 miles away0.17 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+8%+8%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £1,200,000

February 20, 2025

Floor Plans

Description

Semi detached house +
Five bedroom HMO +
South facing garden +
Chain free +
Freehold +
Over 2500 sqft of living space +
Modernisation required +
Off street parking +
Potential to extend STPP +
Close to shops and transport +

Welcome to Greenhill Road, NW10 - A Spacious Five-Bedroom Period Home with Endless Potential

This substantial five-bedroom semi-detached house is a rare find, offering incredible square footage and high ceilings throughout. Set on a sought-after residential street, the property retains many of its original period features while providing an exciting opportunity for modernisation and extension (subject to planning permission).

With a south-facing garden, off-street parking, and a spacious cellar, this home is ideal for those looking to create their dream family residence or a lucrative investment. The property benefits from an existing HMO licence, which is valid until next year, making it an attractive option for investors.

Situated in a prime location, Greenhill Road is well-connected with excellent transport links, including nearby Willesden Junction and Kensal Green stations, providing easy access to central London. The area is known for its vibrant community, green spaces, and a fantastic selection of independent cafés, restaurants, and shops.

Offered chain-free, this is a fantastic opportunity to acquire a property with exceptional potential in a highly desirable location.

Get in touch today to arrange a viewing!

Agent Details

Mile, Kensal Rise & Willesden Green

020 8968 6000

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Under Offer

3 Bed House, Refurb/BRRR, London, NW10 8UJ

£775,000

2 views • 3 months ago • 93 m²

4 Bed House, Refurb/BRRR, London, NW10 4ED

£700,000

8 views • 10 months ago • 51 m²

Sold STC

2 Bed Flat, Refurb/BRRR, London, NW10 8AB

£325,000

4 months ago • 74 m²

2 Bed Flat, Refurb/BRRR, London, NW10 4DH

£385,000

2 views • 2 months ago • 68 m²