2 Bed Flat, Refurb/BRRR, Harrow, HA1 3PZ, £335,000

15 Gooden Court, Harrow, HA1 3PZ - 3 views - a month ago

Cash

Refurb/BRRR

ROI: 3%

~68 m²

+8 photos

ValuationFair Value

Sold Prices	£82K - £530K
Sold Prices/m²	£1.4K/m² - £8.9K/m²

Square Metres	~68.11 m²
Price/m²	£4.9K/m²
Value Estimate	£341,700£341,700

End Value (After Refurb)	£389,907£389,907
Uplift in Value	+16%+16%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£83,750£83,750
Stamp Duty & Legal Fees	£15,500£15,500
Refurb Costs	£36,080£36,080
Bridging Loan Interest	£8,794£8,794
Total Cash In	£145,874£145,874

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£389,907£389,907
Mortgage (After Refinance)	£292,430£292,430
Mortgage LTV	75%75%
Cash Released	£41,180£41,180
Cash Left In	£104,694£104,694
Equity	£97,477£97,477
Rent Range	£1,600 - £2,500£1,600 - £2,500
Rent Estimate	£1,934
Running Costs/mo	£1,625£1,625
Cashflow/mo	£309£309
Cashflow/yr	£3,705£3,705
ROI	3%3%
Gross Yield	7%7%

Local Sold Prices

33 sold prices from £82K to £530K, average is £350K. £1.4K/m² to £8.9K/m², average is £5.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£355K	05/23	0.07 mi	Flat 31, Wendela Court, Sudbury Hill, Harrow, Greater London HA1 3NB	-	-	2	Flat
£430K	06/23	0.21 mi	Flat 6, Bermuda House, Mount Park Road, Harrow, Greater London HA1 3XH	-	-	2	Flat
£150K	06/21	0.23 mi	9, Elmfield Close, Harrow, Greater London HA1 3TL	-	-	2	Flat
£459.9K	09/23	0.38 mi	Flat 6, Hamson Court, Brickfields, Harrow, Greater London HA2 0JG	-	-	2	Flat
£355.7K	09/23	0.4 mi	27, Ashbourne Avenue, Harrow, Greater London HA2 0JS	£5,637	63	2	Flat
£350K	08/23	0.47 mi	27, Thomas A Beckett Close, Wembley, Greater London HA0 2SH	£5,385	65	2	Flat
£256K	12/20	0.48 mi	72, Cowen Avenue, Harrow, Greater London HA2 0LU	£3,657	70	2	Flat
£256K	12/20	0.48 mi	72, Cowen Avenue, Harrow, Greater London HA2 0LU	£3,657	70	2	Flat
£350K	06/23	0.51 mi	30, Sudbury Croft, Wembley, Greater London HA0 2QW	£5,826	60	2	Flat
£200K	01/23	0.54 mi	29, Sudbury Croft, Wembley, Greater London HA0 2QW	-	-	2	Flat
£296K	03/21	0.58 mi	24, Lower Road, Harrow, Greater London HA2 0DA	-	-	2	Flat
£368K	09/21	0.58 mi	90, Sudbury Court Road, Harrow, Greater London HA1 3SH	-	-	2	Flat
£350K	06/21	0.58 mi	92, Sudbury Court Road, Harrow, Greater London HA1 3SH	£5,833	60	2	Flat
£325K	03/23	0.61 mi	18, Parkfield Road, Harrow, Greater London HA2 8LB	£7,386	44	2	Flat
£275K	06/21	0.65 mi	1520, Greenford Road, Greenford, Greater London UB6 0HR	-	-	2	Flat
£365K	11/22	0.66 mi	14, Elmwood Court, Wembley, Greater London HA0 2NT	£5,654	65	2	Flat
£338K	05/21	0.75 mi	6, Northolt Gardens, Greenford, Greater London UB6 0LS	£5,902	57	2	Flat
£295K	06/21	0.75 mi	127a, Kingsley Road, Harrow, Greater London HA2 8LF	£4,683	63	2	Flat
£372K	06/23	0.77 mi	117, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0PP	£6,000	62	2	Flat
£82K	09/21	0.78 mi	10, Farmborough Close, Harrow, Greater London HA1 3YG	£1,439	57	2	Flat
£125K	12/22	0.78 mi	25, Farmborough Close, Harrow, Greater London HA1 3YG	£2,451	51	2	Flat
£300K	11/21	0.79 mi	87a, Bessborough Road, Harrow, Greater London HA1 3DB	£5,357	56	2	Flat
£362K	10/23	0.79 mi	14, Wakeling Lane, Wembley, Greater London HA0 3HT	£4,892	74	2	Flat
£328.5K	07/23	0.88 mi	2, Fentiman Way, Harrow, Greater London HA2 8FD	£6,704	49	2	Flat
£310K	03/23	0.88 mi	9, Fentiman Way, Harrow, Greater London HA2 8FD	£4,366	71	2	Flat
£355K	11/22	0.9 mi	14, Fentiman Way, Harrow, Greater London HA2 8FD	£4,806	74	2	Flat
£330K	02/23	0.94 mi	11, Lance Road, Harrow, Greater London HA1 4BL	£8,919	37	2	Flat
£415K	11/22	0.96 mi	1, Kenton Avenue, Harrow, Greater London HA1 2BN	£6,701	62	2	Flat
£530K	06/23	0.96 mi	Flat 7, Appin Court, Roxborough Park, Harrow, Greater London HA1 3BJ	-	-	2	Flat
£375K	10/20	0.98 mi	76a, Lowlands Road, Harrow, Greater London HA1 3AN	£6,148	61	2	Flat
£375K	10/20	0.98 mi	76a, Lowlands Road, Harrow, Greater London HA1 3AN	£6,148	61	2	Flat
£400K	05/21	0.98 mi	54, Lowlands Road, Harrow, Greater London HA1 3AN	£6,216	64	2	Flat
£235K	02/23	0.98 mi	142, Shaftesbury Avenue, South Harrow, Harrow, Greater London HA2 0AW	£4,196	56	2	Flat

Local Rents

50 rents from £1.6K/mo to £2.5K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	03/25	0.01 mi	-	2	Detached House
£1,850	04/24	0.06 mi	Fircroft Gardens, HARROW	2	Flat
£1,900	04/24	0.06 mi	Fircroft Gardens, Harrow on the Hill	2	Flat
£1,600	01/25	0.08 mi	-	2	Detached House
£1,700	04/24	0.09 mi	Wendela Court, Harrow On The Hill, Middlesex, HA1 3NB	2	Flat
£2,500	04/24	0.1 mi	Chasewood Park, Harrow on the Hill	2	Flat
£2,300	04/24	0.1 mi	Chasewood Park, Sudbury Hill, Harrow, HA1 3YR	2	Flat
£1,900	12/24	0.12 mi	-	2	Flat
£1,950	04/24	0.12 mi	Highlawn Hall, Sudbury Hill, Harrow on the Hill	2	House
£1,700	12/24	0.12 mi	-	2	Flat
£2,250	04/24	0.13 mi	Chasewood Park, Harrow on the Hill	2	Flat
£2,100	04/24	0.13 mi	Chasewood Park, Sudbury Hill, Harrow on the Hill	2	Flat
£2,100	04/24	0.14 mi	Sudbury Hill, Harrow on the Hill, Harrow, HA1	2	Flat
£1,775	04/24	0.19 mi	Chyngton Court, Harrow, HA1	2	Flat
£1,725	04/24	0.19 mi	-	2	Flat
£1,775	12/24	0.19 mi	-	2	Flat
£2,200	04/24	0.19 mi	Parkside, London Road, Harrow on the Hill	2	Flat
£1,950	04/24	0.27 mi	Cottage Close, Harrow, HA2	2	Flat
£1,850	04/24	0.27 mi	Cottage Close, Harrow, Middlesex, HA2	2	Flat
£2,499	12/24	0.34 mi	-	2	Flat
£1,850	04/24	0.34 mi	Greenford Road, Harrow, Greater London, HA1	2	Terraced House
£2,000	02/24	0.34 mi	Roxeth Hill, Harrow, HA2	2	Flat
£1,850	03/24	0.35 mi	Brickfields, Harrow, Middlesex, HA2	2	Flat
£1,850	12/24	0.36 mi	-	2	Flat
£1,950	04/24	0.36 mi	-	2	Terraced House
£1,950	01/25	0.36 mi	-	2	Terraced House
£1,950	02/25	0.36 mi	-	2	Terraced House
£2,000	04/24	0.38 mi	Greenford Road, Sudbury Hill	2	Flat
£2,000	02/24	0.39 mi	Ashbourne Avenue, Harrow	2	Flat
£2,000	04/24	0.39 mi	Ashbourne Avenue, Harrow, HA2	2	Flat
£1,800	04/24	0.39 mi	-	2	Flat
£1,700	03/25	0.39 mi	-	2	Flat
£1,850	12/24	0.4 mi	-	2	Flat
£1,800	12/24	0.45 mi	-	2	Semi-Detached House
£1,900	01/25	0.45 mi	-	2	Flat
£1,800	04/24	0.45 mi	Leigh Court, Byron Hill Road, Harrow on the Hill	2	Flat
£1,850	12/24	0.46 mi	-	2	Flat
£1,850	12/24	0.46 mi	-	2	Flat
£1,850	12/24	0.46 mi	-	2	Flat
£1,950	04/24	0.48 mi	-	2	Flat
£2,250	04/24	0.48 mi	-	2	Flat
£1,800	03/25	0.49 mi	-	2	Flat
£1,900	03/25	0.49 mi	-	2	Flat
£2,295	02/25	0.49 mi	-	2	Flat
£1,895	04/24	0.5 mi	-	2	Terraced House
£1,895	01/24	0.51 mi	Harrow On The Hill HA2	2	Flat
£1,675	12/24	0.53 mi	-	2	Flat
£1,850	02/24	0.54 mi	Northolt Road, South Harrow, Harrow, HA2	2	Flat
£1,800	04/24	0.59 mi	Osbury Court, 52 Northolt Road, Harrow, Greater London, HA2	2	Flat
£2,000	04/24	0.62 mi	Nelson Road, Harrow on the Hill, HA1 3ET	2	Terraced House

Local Area Statistics

Population in HA1	38,44138,441
Population in Harrow	164,559164,559
Town centre distance	1.50 miles away1.50 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.44 miles away0.44 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+24%+24%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £335,000

February 24, 2025

Floor Plans

Description

SPACIOUS 2 DOUBLE BEDROOM GROUND FLOOR FLAT +
PURPOSE BUILT DEVELOPMENT +
DOUBLE GLAZING +
GAS CENTAL HEATING +
LARGE FITTED KITCHEN +
SPACIOUS LOUNGE/DINING ROOM +
GARAGE IN BLOCK / RESIDENT PARKING +
940 PLUS YEAR LEASE +
CASH BUYERS ONLY - NO UPPER CHAIN +
EPC RATING C +

* CASH BUYERS ONLY A spacious two double bedroom ground floor flat located in the desirable Cul De Sac off the sought after South Hill Avenue. This property presents a fantastic opportunity for cash buyers seeking a project to make their own.

Upon entering, you will find a generous lounge and dining room, perfect for entertaining guests or enjoying a quiet evening at home. The large fitted kitchen offers ample space for culinary creativity, making it an ideal setting for those who love to cook.

While the flat is in need of some refurbishment, it provides a blank canvas for you to personalise and transform into your dream home. The two well-proportioned bedrooms offer comfortable living spaces, ensuring that you have plenty of room for relaxation and rest.

This property is situated in a convenient location, with local amenities and transport links within easy reach, making it an excellent choice for those looking to enjoy the vibrant lifestyle that Harrow on The Hill has to offer.

If you are a cash buyer looking for a property with great potential, this flat could be the perfect fit for you. Don’t miss out on the chance to create a wonderful home in this sought-after area.

Communal Front Door -

Communallobby -

Own Front Door -

Lounge/Dining Room -

Kitchen -

Inner Lobby -

Bedroom One -

Bedroom Two -

Bathroom -

Outside -

Garage In Block -

Communal Gardens -

Additional Information -

Lease 943 Years Remaining -

Service Charge -Approx £3300 Pa -

Council Tax Band D -

Epc Rating C -

Agent Details

Wilson Hawkins, Harrow on the Hill

020 3835 5667

Next Steps?

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