3 Bed Terraced House, Refurb/BRRR, London, NW9 5HX, £415,000

Colindale Avenue, Colindale, London, NW9 5HX - 9 views - 2 months ago

Sold STC

Refurb/BRRR

Planning

ROI: 4%

~93 m²

+9 photos

ValuationFair Value

Sold Prices	£163K - £710K
Sold Prices/m²	£1.6K/m² - £13.5K/m²

Square Metres	~93 m²
Price/m²	£4.5K/m²
Value Estimate	£415,000£415,000

End Value (After Refurb)	£558,000£558,000
Uplift in Value	+34%+34%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£103,750£103,750
Stamp Duty & Legal Fees	£21,900£21,900
Refurb Costs	£49,243£49,243
Bridging Loan Interest	£10,894£10,894
Total Cash In	£187,537£187,537

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£558,000£558,000
Agent Fees (1%)	£5,580£5,580
Bridging Loan	£311,250£311,250
Bridging Loan Interest	£10,894£10,894
Flip Profit	£53,633£53,633

Local Sold Prices

50 sold prices from £163K to £710K, average is £532.5K. £1.6K/m² to £13.5K/m², average is £6.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£440K	01/24	0.04 mi	22, Booth Road, London, Greater London NW9 5JR	£4,889	90	3	Terraced House
£475K	03/21	0.24 mi	19, Swan Drive, London, Greater London NW9 5DE	-	-	3	Terraced House
£535K	03/21	0.24 mi	31, Swan Drive, London, Greater London NW9 5DE	£6,369	84	3	Terraced House
£475K	12/23	0.24 mi	25, Swan Drive, London, Greater London NW9 5DE	£5,655	84	3	Terraced House
£600K	04/24	0.24 mi	116, Sheaveshill Avenue, London, Greater London NW9 6RY	£5,607	107	3	Semi-Detached House
£469K	06/23	0.25 mi	7, Ajax Avenue, London, Greater London NW9 5EY	-	-	3	Semi-Detached House
£600K	03/21	0.25 mi	83, Sheaveshill Avenue, London, Greater London NW9 6RZ	£5,505	109	3	Semi-Detached House
£665K	04/23	0.26 mi	14, Pocklington Close, London, Greater London NW9 5WS	£5,038	132	3	Terraced House
£510K	03/21	0.27 mi	3, Tangmere Way, London, Greater London NW9 5WW	£4,636	110	3	Terraced House
£420K	05/21	0.28 mi	Flat 9, Comet, Lower Strand, London, Greater London NW9 5NN	-	-	3	Terraced House
£482K	11/20	0.3 mi	13, Cecil Road, London, Greater London NW9 5EL	£4,869	99	3	Terraced House
£482K	11/20	0.3 mi	13, Cecil Road, London, Greater London NW9 5EL	£4,869	99	3	Terraced House
£460K	01/24	0.35 mi	75, Annesley Avenue, London, Greater London NW9 5EG	-	-	3	Terraced House
£550K	03/23	0.36 mi	153, Booth Road, London, Greater London NW9 5JX	£6,548	84	3	Semi-Detached House
£575K	11/23	0.37 mi	45, Colindeep Lane, London, Greater London NW9 6DS	£6,686	86	3	Semi-Detached House
£650K	08/23	0.37 mi	42, Manor Way, London, Greater London NW9 6JB	-	-	3	Semi-Detached House
£550K	11/21	0.38 mi	23, Beaulieu Close, London, Greater London NW9 6SB	£4,545	121	3	Semi-Detached House
£598K	03/24	0.38 mi	69, Sheaveshill Avenue, London, Greater London NW9 6SA	£7,205	83	3	Semi-Detached House
£435K	12/20	0.41 mi	19, Warmwell Avenue, London, Greater London NW9 5DB	£5,305	82	3	Terraced House
£610K	06/21	0.41 mi	2, Court Way, London, Greater London NW9 6JH	£5,304	115	3	Semi-Detached House
£565K	02/21	0.41 mi	79, Colin Park Road, London, Greater London NW9 6HY	£7,152	79	3	Semi-Detached House
£500K	08/23	0.41 mi	23, Annesley Avenue, London, Greater London NW9 5ED	-	-	3	Semi-Detached House
£300K	10/22	0.43 mi	15, Lynton Avenue, London, Greater London NW9 6PB	-	-	3	Semi-Detached House
£163K	08/21	0.44 mi	4, Hemswell Drive, London, Greater London NW9 5WN	£1,567	104	3	Terraced House
£520K	05/24	0.45 mi	19, Braemar Gardens, London, Greater London NW9 5LA	£6,341	82	3	Semi-Detached House
£485K	01/21	0.46 mi	197, Booth Road, London, Greater London NW9 5LD	-	-	3	Semi-Detached House
£550K	09/21	0.46 mi	47, Sheaveshill Avenue, London, Greater London NW9 6SD	-	-	3	Semi-Detached House
£565K	11/20	0.46 mi	33, Sheaveshill Avenue, London, Greater London NW9 6SD	£5,885	96	3	Semi-Detached House
£550K	03/21	0.46 mi	22, Colin Park Road, London, Greater London NW9 6HS	£7,534	73	3	Semi-Detached House
£625K	05/23	0.46 mi	33, Colin Park Road, London, Greater London NW9 6HT	-	-	3	Semi-Detached House
£510K	11/20	0.47 mi	18, Gaydon Lane, London, Greater London NW9 5WA	£4,513	113	3	Terraced House
£540K	04/21	0.47 mi	39, Lynton Avenue, London, Greater London NW9 6PB	£6,000	90	3	Semi-Detached House
£544K	01/21	0.48 mi	43, Sheaveshill Avenue, London, Greater London NW9 6SD	£6,554	83	3	Semi-Detached House
£487K	02/21	0.48 mi	20, Poolsford Road, London, Greater London NW9 6HP	£7,162	68	3	Semi-Detached House
£528K	05/21	0.49 mi	28, The Greenway, London, Greater London NW9 5BY	£6,600	80	3	Semi-Detached House
£345K	04/21	0.5 mi	1a, Angus Gardens, London, Greater London NW9 5LG	£6,422	54	3	Semi-Detached House
£345K	04/21	0.5 mi	1a, Angus Gardens, London, Greater London NW9 5LG	£6,422	54	3	Semi-Detached House
£515K	12/20	0.5 mi	47, Angus Gardens, London, Greater London NW9 5LG	£6,280	82	3	Semi-Detached House
£564K	05/24	0.5 mi	27, Angus Gardens, London, Greater London NW9 5LG	£13,519	42	3	Semi-Detached House
£553K	10/20	0.5 mi	37, The Greenway, London, Greater London NW9 5DA	£6,583	84	3	Semi-Detached House
£440K	06/21	0.5 mi	9, Heywood Avenue, London, Greater London NW9 5LN	-	-	3	Terraced House
£570K	08/21	0.5 mi	85, Lynton Avenue, London, Greater London NW9 6PB	-	-	3	Semi-Detached House
£710K	12/20	0.5 mi	63, Lynton Avenue, London, Greater London NW9 6PB	£3,817	186	3	Semi-Detached House
£530K	05/23	0.52 mi	138, Montrose Avenue, Edgware, Greater London HA8 0DR	-	-	3	Semi-Detached House
£575K	04/24	0.52 mi	1, Greenway Gardens, London, Greater London NW9 5AY	-	-	3	Semi-Detached House
£545K	04/23	0.53 mi	114, Rushgrove Avenue, London, Greater London NW9 6RD	-	-	3	Terraced House
£550K	04/21	0.54 mi	115, Rushgrove Avenue, London, Greater London NW9 6RG	£6,962	79	3	Semi-Detached House
£505K	01/24	0.54 mi	36, Greenway Gardens, London, Greater London NW9 5AX	£6,159	82	3	Semi-Detached House
£550K	04/23	0.55 mi	62, Lynton Avenue, London, Greater London NW9 6PE	-	-	3	Terraced House
£470K	04/21	0.56 mi	56, The Ridgeway, London, Greater London NW9 0UA	-	-	3	Semi-Detached House

Local Rents

48 rents from £2.9K/mo to £3.4K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,000	08/24	0.01 mi	Aerial Square, Colindale, London, NW9	3	Flat
£3,361	06/24	0.05 mi	Sanday Drive, London, NW9	3	Flat
£2,900	07/24	0.05 mi	UNCLE, Colindale, NW9	3	Flat
£3,305	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,305	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	09/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	09/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	09/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	06/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	08/24	0.06 mi	UNCLE Colindale, Ashbrook House, 2, Sanday Drive, NW9	3	Flat
£3,000	07/24	0.06 mi	Ashbrook House, UNCLE Colindale, Aerial Square, NW9	3	Flat
£3,000	07/24	0.06 mi	Ashbrook House, UNCLE Colindale, Aerial Square, NW9	3	Flat
£3,000	07/24	0.06 mi	Ashbrook House, UNCLE Colindale, Aerial Square, NW9	3	Flat

Local Area Statistics

Population in NW9	59,32059,320
Population in London	4,771,9214,771,921
Town centre distance	7.72 miles away7.72 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.09 miles away0.09 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+26%+26%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £415,000

February 20, 2025

Floor Plans

Description

3 Bedrooms +
Front Reception +
Kitchen/Diner +
40ft Plus Rear Garden +
Freehold +
In Need Of Updating +

Acorn Properties is pleased to offer this charming three-bedroom terraced house, which is in need of updating and potential for extensions (subject to planning permission). The ground floor features a front reception room and a kitchen/diner with direct access to a spacious rear garden of over 40 feet. The first floor includes two double bedrooms, a single bedroom, and a bathroom with a WC.

The property is conveniently situated near local shops and Colindale Station (Northern Line). Additionally, the Bang Bang Oriental Foodhall is just a short walk away, and there is excellent access to local amenities and schools.

Council Tax Band D

Acorn Properties is pleased to offer this charming three-bedroom terraced house, which has potential for updates and extensions (subject to planning permission). The ground floor features a front reception room and a kitchen/diner with direct access to a spacious rear garden of over 40 feet. The first floor includes two double bedrooms, a single bedroom, and a bathroom with a WC.

Council Tax Band D

Agent Details

Acorn Properties Nwl, London

020 3892 9704

Next Steps?

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

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