3 Bed Semi-Detached House, Refurb/BRRR, London, NW11 8HH, £899,950

Powis Gardens, Golders Green NW11 8HH - 2 views - 22 days ago

Refurb/BRRR
ROI: 2%
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£345K - £2.5M
Sold Prices/m²£2.5K/m² - £18.7K/m²

 

 

Square Metres

~93 m²
Price/m²£9.7K/m²

Value Estimate

£667,250

 

 

End Value (After Refurb)

£643,925

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£224,988

Stamp Duty & Legal Fees

£78,695

Refurb Costs

£49,200

Bridging Loan Interest

£23,624

Total Cash In

£378,256

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£643,925

Mortgage (After Refinance)

£482,944

Mortgage LTV

75%

Cash Left In

£378,256

Equity

£160,981

Rent Range

£1,700 - £9,317

Rent Estimate

£3,490

Running Costs/mo

£2,730

Cashflow/mo

£760

Cashflow/yr

£9,117

ROI

2%

Gross Yield

5%

Local Sold Prices

51 sold prices from £345K to £2.5M, average is £910K. £2.5K/m² to £18.7K/m², average is £7.7K/m².

PriceDateDistanceAddressBeds 
£1.1M12/220.2 mi8, The Grove, London, Greater London NW11 9SH3
£960K01/240.26 mi30, The Drive, London, Greater London NW11 9SU3
£862K09/230.29 mi44, Sandringham Road, London, Greater London NW11 9DP3
£921.5K07/240.3 mi19, Ambrose Avenue, London, Greater London NW11 9AP3
£1.2M09/230.31 mi24, Wentworth Road, London, Greater London NW11 0RN3
£1.1M04/210.31 mi32, Wentworth Road, London, Greater London NW11 0RN3
£930K06/210.35 mi52, Montpelier Rise, London, Greater London NW11 9DX3
£660K10/200.36 mi63, Hamilton Road, London, Greater London NW11 9EH3
£714K06/210.36 mi5, Hamilton Road, London, Greater London NW11 9EH3
£667.5K05/240.36 mi65, Hamilton Road, London, Greater London NW11 9EH3
£1.1M06/210.37 mi153, Wentworth Road, London, Greater London NW11 0RJ3
£990K04/210.38 mi125, Wentworth Road, London, Greater London NW11 0RJ3
£625K11/230.46 mi10, Grampian Gardens, London, Greater London NW2 1JG3
£905.5K10/230.5 mi8, Temple Gardens, London, Greater London NW11 0LL3
£910K03/210.51 mi41, Nant Road, London, Greater London NW2 2AL3
£680K11/200.53 mi16, Cheviot Gardens, London, Greater London NW2 1QH3
£850K02/240.53 mi12, Sheridan Walk, London, Greater London NW11 7UF3
£970K05/220.54 mi72, Golders Manor Drive, London, Greater London NW11 9HT3
£350K12/220.54 mi87, Highfield Avenue, London, Greater London NW11 9TU3
£465K08/230.54 mi20, Prayle Grove, London, Greater London NW2 1AY3
£1.1M06/210.55 mi10, Corringway, London, Greater London NW11 7ED3
£850K12/200.56 mi50, Temple Fortune Lane, London, Greater London NW11 7UE3
£1.1M10/230.56 mi66, Temple Fortune Lane, London, Greater London NW11 7UE3
£1.3M11/230.56 mi43, Sinclair Grove, London, Greater London NW11 9JH3
£1.4M05/230.57 mi94, Temple Fortune Lane, London, Greater London NW11 7TX3
£645K05/210.58 mi33, Cleveland Gardens, London, Greater London NW2 1EA3
£1.2M06/210.58 mi88, Temple Fortune Lane, London, Greater London NW11 7TX3
£2.5M07/220.58 mi82, Corringham Road, London, Greater London NW11 7EB3
£1.1M11/210.59 mi18, Sinclair Grove, London, Greater London NW11 9JG3
£1.1M01/240.59 mi137, Hampstead Way, London, Greater London NW11 7JN3
£1.1M01/240.59 mi137, Hampstead Way, London, Greater London NW11 7JN3
£345K06/210.59 mi110, Prayle Grove, London, Greater London NW2 1BE3
£610K09/200.6 mi34, Cumbrian Gardens, London, Greater London NW2 1EF3
£650K01/230.6 mi62, Cheviot Gardens, London, Greater London NW2 1QE3
£900K03/240.61 mi66, Crewys Road, London, Greater London NW2 2AD3
£455K01/210.61 mi143, Prayle Grove, London, Greater London NW2 1BD3
£480K02/210.61 mi97, Prayle Grove, London, Greater London NW2 1BD3
£485K05/210.61 mi133, Prayle Grove, London, Greater London NW2 1BD3
£990K06/230.61 mi103, Crewys Road, London, Greater London NW2 2AU3
£725K01/230.62 mi63, Cumbrian Gardens, London, Greater London NW2 1ED3
£1.8M11/220.63 mi53, Llanvanor Road, London, Greater London NW2 2AR3
£815K02/220.63 mi48, Greenfield Gardens, London, Greater London NW2 1HX3
£1.7M02/230.64 mi110, Hampstead Way, London, Greater London NW11 7XY3
£680K06/210.64 mi109, Cheviot Gardens, London, Greater London NW2 1QD3
£975K02/240.66 mi31, Willifield Way, London, Greater London NW11 7XU3
£797K06/210.66 mi34, Garth Road, London, Greater London NW2 2NJ3
£1.1M11/220.67 mi160, Hampstead Way, London, Greater London NW11 7XD3
£625K10/200.68 mi98, Cotswold Gardens, London, Greater London NW2 1PG3
£1.1M08/220.68 mi50, Greenfield Gardens, London, Greater London NW2 1HX3
£630K11/200.68 mi109, Cotswold Gardens, London, Greater London NW2 1PE3
£911K05/220.68 mi152, Hampstead Way, London, Greater London NW11 7XH3

Local Rents

50 rents from £1.7K/mo to £9.3K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£4,98306/240.1 miThe Ridgeway, Golders Green, NW113
£4,98306/240.1 miThe Ridgeway, London3
£9,31707/240.11 miArmitage Road, Golders Green3
£8,23306/240.11 miThe Luxley, Golders Green, NW113
£6,06706/240.11 miThe Luxley, Golders Green, NW113
£3,14606/240.12 miBeechcroft Avenue, Golders Green, NW13
£3,15006/240.12 miBeechcroft Avenue, Golders Green3
£4,98406/240.12 miThe Ridgeway, Golders Green, London, NW113
£3,15006/240.12 miBeechcroft Avenue, Golders Green, London NW113
£9,31706/240.13 miThe Luxley, Golders Green, NW113
£3,15006/240.14 miBeechcroft Avenue, Golders Green, NW11 3
£2,30006/240.14 miWoodstock Avenue, Golders Green, NW113
£2,38306/240.17 miGresham Gardens, Golders Green NW113
£2,20001/250.17 mi-3
£2,75003/250.18 mi-3
£6,06707/240.18 miArmitage Road, Golders Green3
£2,75006/240.19 miGolders Court, Woodstock Road, Golders Green, NW113
£2,29712/240.2 miWoodstock Road, London, NW113
£3,50006/240.28 miThe Vale, Golders Green, London, NW113
£1,70006/240.28 miSt Johns Road, London, NW113
£2,50006/240.28 miWessex Gardens, Golders Green NW113
£3,50006/240.28 miThe Vale, London Nw11 8Sb, NW113
£3,50007/240.28 mi-3
£2,50006/240.29 miRavenscroft Avenue, Golders Green, NW113
£4,11706/240.3 miFinchley Road, Golders Green, NW113
£3,00006/240.31 miMontpelier Rise, London, NW113
£2,79906/240.31 mi-3
£3,50012/240.31 mi-3
£3,50012/240.31 mi-3
£2,89506/240.32 miSandringham Road, Golders Green, NW113
£2,75012/240.33 mi-3
£2,30006/240.34 miMiddleton Road, London, NW113
£2,20001/250.34 mi-3
£2,00003/250.34 mi-3
£2,32503/250.34 mi-3
£3,00006/240.35 mi-3
£2,30006/240.37 miMiddleton Road, London, NW113
£2,29706/240.4 miHendon Way, London, NW23
£2,60006/240.4 miHighfield Avenue, Golders Green, NW113
£2,60006/240.41 miHighfield Avenue, London, NW113
£3,80002/240.41 mi-3
£3,80006/240.41 mi-3
£2,99906/240.41 miRotherwick Road, Golders Green NW113
£3,30002/250.42 mi-3
£2,60006/240.43 miHighfield Avenue, NW113
£2,87506/240.43 mi-3
£4,11706/240.43 miFinchley Road, Golders Green, NW113
£2,99006/240.43 miHighfield Road3
£2,99007/240.44 mi-3
£2,30006/240.45 miThe Vale, Golders Green3

Local Area Statistics

Population in NW11

32,571

Population in London

4,771,921

Town centre distance

5.23 miles away

Nearest school

0.20 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £899,950

March 4, 2025

Floor Plans

Description

  • POTENTIAL TO EXTEND (STPP) +
  • CHAIN FREE +
  • GARAGE +
  • OFF-STREET PARKING +

This three-bedroom semi-detached family home, located in a quiet cul-de-sac, offers a fantastic opportunity for full renovation and has excellent potential for extension (STPP).
The property features a garage with its own driveway, off-street parking, a spacious through lounge, a separate kitchen, and a ground-floor cloakroom.
Conveniently situated within walking distance of Golders Green's shopping facilities, local amenities, Golders Green Tube station, schools, and places of worship.

Offered chain-free. Sole agent.

General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if
there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if
you are contemplating travelling some distance to view the property. Measurements: These approximate room sizes are only intended as general
guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. Services: Please note we have not tested the
services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or
service reports before finalizing their offer to purchase. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE
REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE
INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER ROUNDTREE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY
AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Roundtree Real Estate, London

020 3909 6785

Next Steps?

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