3 Bed Semi-Detached House, Refurb/BRRR, Harrow, HA1 1XT, £650,000

Kings Way, Harrow, HA1 1XT - a month ago

Sold STC
Refurb/BRRR
Planning
~116 m²
+15 photos

ValuationUndervalued

Sold Prices£417K - £760K
Sold Prices/m²£4.4K/m² - £7.1K/m²

 

 

Square Metres

~115.70 m²
Price/m²£5.6K/m²

Value Estimate

£665,275
BMV2%

 

 

End Value (After Refurb)

£686,571

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£56,200

Refurb Costs

£61,290

Bridging Loan Interest

£17,063

Total Cash In

£298,802

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£686,571

Mortgage (After Refinance)

£514,929

Mortgage LTV

75%

Cash Released

£27,429

Cash Left In

£271,374

Equity

£171,643

Rent Range

£1,500 - £3,300

Rent Estimate

£2,238

Running Costs/mo

£2,613

Cashflow/mo

£-375

Cashflow/yr

£-4,502

Gross Yield

4%

Local Sold Prices

50 sold prices from £417K to £760K, average is £540K. £4.4K/m² to £7.1K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£595K05/210 mi61, Kings Way, Harrow, Greater London HA1 1XT3
£607K06/230.08 mi6, Dukes Avenue, Harrow, Greater London HA1 1XW3
£635K08/230.11 mi7, Sparkbridge Road, Harrow, Greater London HA1 1TJ3
£480K04/210.11 mi34, Princes Drive, Harrow, Greater London HA1 1XH3
£605K09/230.11 mi16, Princes Drive, Harrow, Greater London HA1 1XH3
£615K01/210.12 mi15, Earls Crescent, Harrow, Greater London HA1 1XL3
£527K06/210.13 mi54, Walton Road, Harrow, Greater London HA1 4UU3
£565K03/210.13 mi60, Walton Road, Harrow, Greater London HA1 4UU3
£660K03/210.14 mi33, Torver Road, Harrow, Greater London HA1 1TH3
£558K08/210.14 mi22, Earls Crescent, Harrow, Greater London HA1 1XN3
£460K06/210.17 mi3, Harley Road, Harrow, Greater London HA1 4XF3
£652.5K10/230.17 mi26, Torver Road, Harrow, Greater London HA1 1TQ3
£650K09/230.17 mi1, Torver Road, Harrow, Greater London HA1 1TQ3
£525K08/210.18 mi32, Walton Road, Harrow, Greater London HA1 4UT3
£645K03/230.22 mi13, Lowick Road, Harrow, Greater London HA1 1UP3
£480K03/210.23 mi32, Harley Crescent, Harrow, Greater London HA1 4XJ3
£600K02/210.23 mi134, Marlborough Hill, Harrow, Greater London HA1 1UD3
£515K03/230.23 mi8, Harley Road, Harrow, Greater London HA1 4XG3
£471K05/230.23 mi32, Harley Road, Harrow, Greater London HA1 4XG3
£520K06/210.24 mi47, Harley Crescent, Harrow, Greater London HA1 4XH3
£482K11/220.25 mi57, Masons Avenue, Harrow, Greater London HA3 5AN3
£530K06/210.25 mi42, Blawith Road, Harrow, Greater London HA1 1TN3
£545K02/210.28 mi1, Nibthwaite Road, Harrow, Greater London HA1 1TB3
£535K12/200.28 mi5, Nibthwaite Road, Harrow, Greater London HA1 1TB3
£580K10/230.28 mi13, Nibthwaite Road, Harrow, Greater London HA1 1TB3
£520K05/210.29 mi17, View Close, Harrow, Greater London HA1 4ST3
£520K05/210.29 mi17, View Close, Harrow, Greater London HA1 4ST3
£540K11/210.31 mi99b, Nibthwaite Road, Harrow, Greater London HA1 1TE3
£540K04/230.31 mi169, Harrow View, Harrow, Greater London HA1 4SU3
£540K09/220.32 mi204, Headstone Drive, Harrow, Greater London HA1 4UP3
£445K10/230.34 mi66, Peel Road, Harrow, Greater London HA3 7QU3
£458K03/210.35 mi45, Wellington Road, Harrow, Greater London HA3 5SD3
£462K11/200.35 mi70, Peel Road, Harrow, Greater London HA3 7QU3
£468K09/210.36 mi77, Canning Road, Harrow, Greater London HA3 7SP3
£495K06/210.36 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£495K06/210.36 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£760K08/220.37 mi46, Warrington Road, Harrow, Greater London HA1 1SY3
£460K10/230.37 mi67, Byron Road, Wealdstone, Harrow, Greater London HA3 7SY3
£417K06/210.38 mi70, Graham Road, Harrow, Greater London HA3 5RG3
£634K12/200.39 mi27, Hide Road, Harrow, Greater London HA1 4SG3
£630K10/220.4 mi28, Hide Road, Harrow, Greater London HA1 4SF3
£535K02/230.4 mi1, Hide Road, Harrow, Greater London HA1 4SG3
£465K08/210.4 mi38, Graham Road, Wealdstone, Harrow, Greater London HA3 5RF3
£640K11/200.4 mi29, Longley Road, Harrow, Greater London HA1 4TG3
£545K06/210.42 mi67, Bolton Road, Harrow, Greater London HA1 4SB3
£550K11/200.42 mi7, Harrow View, Harrow, Greater London HA1 1RE3
£550K06/210.43 mi50, Bolton Road, Harrow, Greater London HA1 4SA3
£480K05/230.44 mi99, Byron Road, Wealdstone, Harrow, Greater London HA3 7TB3
£563.8K11/200.44 mi35, Moat Drive, Harrow, Greater London HA1 4RY3
£615K01/230.44 mi43, Moat Drive, Harrow, Greater London HA1 4RY3

Local Rents

39 rents from £1.5K/mo to £3.3K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,95004/240.12 miHarrow, HA13
£2,95004/240.12 miEarl Crescent, HA13
£2,45004/240.2 miTorver Road, Harrow3
£2,10012/240.21 mi-3
£2,42502/250.23 mi-3
£2,45003/250.23 mi-3
£3,00001/230.24 miLowick Road, Harrow3
£2,55004/240.25 mi-3
£1,50003/250.26 mi-3
£2,20004/240.29 mi-3
£2,10003/250.29 mi-3
£2,40004/240.31 miHarrow View, HARROW3
£2,45003/250.31 mi-3
£2,10012/240.31 mi-3
£2,10004/240.31 miNibthwaite Road, London, HA13
£2,30012/240.32 mi-3
£2,20004/240.32 miFlat 2 Radnor Road, Harrow3
£1,80012/240.34 mi-3
£2,00003/250.34 mi-3
£2,60004/240.35 miStation Road,3
£1,65001/250.35 mi-3
£1,65003/250.35 mi-3
£2,10001/250.35 mi-3
£2,00003/250.36 mi-3
£2,45004/240.37 mi-3
£1,95002/250.37 mi-3
£2,50004/240.38 miStation Road,3
£2,10003/250.39 mi-3
£2,00001/250.42 mi-3
£2,40004/240.42 miBalfour Road, Harrow3
£2,50004/240.42 mi-3
£1,85004/240.44 mi-3
£2,05004/240.46 miLorne Road, Harrow, Greater London, HA33
£2,10004/240.51 mi-3
£2,00004/240.52 miWhitefriars Avenue, Harrow3
£1,85004/240.58 miPinner View, Harrow3
£2,30002/250.58 mi-3
£3,30012/240.61 mi-3
£1,90004/240.62 miHeadstone Road, Harrow, HA13

Local Area Statistics

Population in HA1

38,441

Population in Harrow

164,559

Town centre distance

0.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Buyer's market

Capital growth (5yrs)

+22%

Property History

Listed for £650,000

February 24, 2025

Floor Plans

Description

  • SEMI DETACHED FAMILY HOUSE +
  • CLASSIC 1930'S STYLIING +
  • 3 BEDROOMS +
  • LIVING ROOM & SEPARATE DINING ROOM +
  • FITTED KITCHEN +
  • GARAGE WITH OWN DRIVEWAY +
  • LARGE PLOT, SOUTH FACING REAR GARDEN +
  • SCOPE TO EXTEND TO REAR AND SIDE +
  • QUIET RESIDENTIAL LOCATION +
  • CHAIN FREE SALE +

 

The property retains much of its original character, making it ideal for buyers seeking a home they can personalise and develop further.

The house is well-proportioned throughout, with spacious and bright rooms that are typical of this era. It features a generous living room with a large bay window. There is a separate dining room and completing the ground floor is the well sized kitchen, offering potential for modernisation. Upstairs, the property offers two double bedrooms, both spacious and bright, plus a larger-than-average third bedroom-ideal for a children's room, home office, or guest bedroom.

The bathroom is separate from the W.C. The accessible loft provides scope to convert into a further bedroom with en-suite, subject to planning. Outside, the property benefits from a neat front garden enclosed by a hedge boundary, offering both privacy and a pleasant curb appeal.

For off-street parking, there is a private driveway, with access to the adjoining garage, and a further garage is located to the rear of the house.

The garden is a particular highlight, extending to circa 80 ft in length. It is well established with a large expanse of lawn and enjoys the benefit of a southerly aspect.

The property also offers considerable scope to extend, with the potential for a double-storey extension to the side and up to 6 metres of single-storey extension at the rear, subject to the usual planning permissions.

Situated in a quiet, yet highly convenient location, the property is within a short stroll of Harrow & Wealdstone Bakerloo line / Overground station. Harrow on the Hill Met. line station is also within easy reach,as is Harrow's multiple shopping and transport amenities. Nearby schools include Marlborough and Norbury Primaries.

This home would suit those looking for a pleasant residential setting with the potential to enhance and extend to suit individual specifications. It offers the ideal foundation for anyone looking to create their perfect home.

Agent Details

Andrew Pearce, Harrow

020 3907 8620

Next Steps?

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