4 Bed Detached House, Refurb/BRRR, Northwood, HA6 2DG, £950,000

High Elms Close, Northwood, Middlesex, HA6 2DG - 2 views - a month ago

Refurb/BRRR
Planning
~129 m²
+19 photos

ValuationOvervalued

Sold Prices£532K - £1.8M
Sold Prices/m²£3.7K/m² - £10.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7.3K/m²

Value Estimate

£842,459

 

 

End Value (After Refurb)

£816,637

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£237,500

Stamp Duty & Legal Fees

£84,950

Refurb Costs

£68,400

Bridging Loan Interest

£24,938

Total Cash In

£417,538

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£816,637

Mortgage (After Refinance)

£612,478

Mortgage LTV

75%

Cash Left In

£417,538

Equity

£204,159

Rent Range

£1,700 - £5,950

Rent Estimate

£3,068

Running Costs/mo

£3,186

Cashflow/mo

£-118

Cashflow/yr

£-1,411

Gross Yield

4%

Local Sold Prices

50 sold prices from £532K to £1.8M, average is £1.1M. £3.7K/m² to £10.3K/m², average is £7.1K/m².

PriceDateDistanceAddressBeds 
£875K06/210.01 mi9, High Elms Close, Northwood, Greater London HA6 2DG4
£1.0M10/220.01 mi15, High Elms Close, Northwood, Greater London HA6 2DG4
£1.5M10/200.09 mi45, Dene Road, Northwood, Greater London HA6 2DD4
£1.3M01/230.12 mi72, Dene Road, Northwood, Greater London HA6 2DF4
£1.1M07/230.15 mi4, Kewferry Road, Northwood, Greater London HA6 2PD4
£805K06/210.17 miGreen Close, Green Lane, Northwood, Greater London HA6 2UX4
£1.5M11/200.18 mi23, Dene Road, Northwood, Greater London HA6 2BX4
£1.5M06/210.18 mi1, Moor Park Road, Northwood, Greater London HA6 2DL4
£1.6M01/240.18 mi19, Moor Park Road, Northwood, Greater London HA6 2DL4
£1.6M09/220.18 mi1a, Moor Park Road, Northwood, Greater London HA6 2DL4
£968K04/230.23 mi2, Eaton Gate, Northwood, Greater London HA6 2NN4
£1.1M07/220.24 mi13, The Avenue, Northwood, Greater London HA6 2NJ4
£1.1M06/210.27 mi13, Chelwood Close, Northwood, Greater London HA6 2RR4
£1.8M06/230.27 mi2, Grove Road, Northwood, Greater London HA6 2AP4
£1.4M07/230.27 mi8, Grove Road, Northwood, Greater London HA6 2AP4
£1.6M07/220.27 mi17, Grove Road, Northwood, Greater London HA6 2AP4
£1.1M05/230.29 mi37, Cygnet Close, Northwood, Greater London HA6 2TA4
£1.3M09/230.29 mi38b, Cygnet Close, Northwood, Greater London HA6 2TA4
£1.2M01/210.29 mi37b, Cygnet Close, Northwood, Greater London HA6 2TA4
£1.6M11/220.3 miLynwood, Batchworth Lane, Northwood, Hertfordshire HA6 2AT4
£940K08/230.32 mi5, Grove Farm Park, Northwood, Hertfordshire HA6 2BQ4
£675K03/210.34 mi28, Cygnet Close, Northwood, Greater London HA6 2SZ4
£755K06/210.39 mi26, Woodridge Way, Northwood, Greater London HA6 2BE4
£1.2M12/200.41 mi34, Sandy Lodge Way, Northwood, Hertfordshire HA6 2AS4
£1.2M06/230.42 mi4, Buttsmead, Northwood, Greater London HA6 2TL4
£865K11/220.43 mi22, Rofant Road, Northwood, Greater London HA6 3BE4
£1.2M10/210.46 miWoodvale, Northgate, Northwood, Greater London HA6 2TH4
£925K09/230.47 mi3, Ashbourne Square, Northwood, Greater London HA6 3BQ4
£700K01/210.47 mi5, Ashbourne Square, Northwood, Greater London HA6 3BQ4
£825K04/210.48 mi12, Ashbourne Square, Northwood, Greater London HA6 3BQ4
£1.1M03/210.48 mi35, St Marys Avenue, Northwood, Hertfordshire HA6 3AY4
£1.4M11/210.55 mi11, Manor House Drive, Northwood, Greater London HA6 2UJ4
£1.6M05/230.59 miCartref, Ormonde Road, Northwood, Hertfordshire HA6 2EJ4
£1.3M03/210.59 mi15, Bourne End Road, Northwood, Hertfordshire HA6 3BP4
£1.1M07/210.65 mi20, Batchworth Lane, Northwood, Hertfordshire HA6 3DR4
£1.1M07/210.65 mi20, Batchworth Lane, Northwood, Hertfordshire HA6 3DR4
£1.1M07/210.65 mi20, Batchworth Lane, Northwood, Hertfordshire HA6 3DR4
£1.1M07/210.65 mi20, Batchworth Lane, Northwood, Hertfordshire HA6 3DR4
£1.1M07/210.65 mi20, Batchworth Lane, Northwood, Hertfordshire HA6 3DR4
£1.1M07/210.65 mi20, Batchworth Lane, Northwood, Hertfordshire HA6 3DR4
£1.0M11/220.66 mi22, Batchworth Lane, Northwood, Hertfordshire HA6 3DR4
£1.5M09/230.67 mi23, Ardross Avenue, Northwood, Hertfordshire HA6 3DS4
£645K03/210.68 mi7a, Chester Road, Northwood, Greater London HA6 1BE4
£1.1M12/200.7 mi14, Westbury Road, Northwood, Hertfordshire HA6 3BT4
£1.4M03/210.71 mi56, South Approach, Northwood, Hertfordshire HA6 2ET4
£1.6M01/210.74 mi25, Davenham Avenue, Northwood, Hertfordshire HA6 3HW4
£1.1M06/230.74 mi24, Crofters Road, Northwood, Hertfordshire HA6 3ED4
£850K04/210.75 mi63, Chester Road, Northwood, Greater London HA6 1BG4
£1.4M03/230.76 miCheviot, 13, Crofters Road, Northwood, Hertfordshire HA6 3EB4
£532K04/210.78 mi11, Roy Road, Northwood, Greater London HA6 1EQ4

Local Rents

19 rents from £1.7K/mo to £6K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£5,50005/240.11 miKewferry Road, Northwood, Middlesex, HA65
£5,95004/240.12 mi-5
£2,20005/240.18 miTormead, 27 Dene Road, Northwood, Middlesex, HA63
£2,20005/240.18 miDene Road3
£2,50004/240.19 mi-3
£2,65002/250.19 mi-3
£2,60004/240.3 miThirlmere Gardens, Northwood, Middlesex, HA6 2RU3
£2,60004/240.34 miDucks Hill Road3
£2,25012/240.37 mi-3
£1,70004/240.38 miTrinity Close3
£3,50005/240.43 miOaklands Gate, Northwood, Middlesex, HA6 3AA4
£1,70004/240.45 miGreen Lane3
£2,25003/250.46 mi-3
£2,30005/240.51 miFalcon Close3
£3,50004/240.53 miSt. Marys Avenue, Northwood, HA64
£3,50003/240.57 miBourne End Road, Northwood, HA65
£3,50003/240.57 miBourne End Road, Northwood, HA65
£3,50005/240.57 miBourne End Road, Northwood, HA65
£4,20010/240.58 miBatchworth Heath4

Local Area Statistics

Population in HA6

21,901

Town centre distance

0.26 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Buyer's market

Property History

Listed for £950,000

March 11, 2025

Floor Plans

Description

  • Four bedrooms +
  • Family bathroom +
  • Two reception rooms +
  • Kitchen +
  • Downstairs cloakroom +
  • Garden +
  • Garage +
  • Off road parking +
  • Accommodation 1266 sq.ft (117.6 sq.m) +

Nestled in a peaceful cul-de-sac on one of Northwood's most sought-after private roads, right in the heart of the town, this detached four-bedroom family home offers a fantastic opportunity for the right buyer. While the property is in good condition, it could benefit from some modernisation and provides potential for expansion, subject to the usual planning permissions. Set back from the road, the property offers off-street parking at the front and access to a single garage. At the rear, you'll find a private, mature, and secluded garden.
Northwood offers a variety of shopping options, including a Waitrose supermarket, numerous restaurants, and other amenities. The Metropolitan Line station provides direct access to Baker Street and the City. There is an abundance of state and private schools nearby, along with a wide range of recreational facilities, such as golf courses and fitness centres. The M1, M40, and M25 motorways are also easily accessible.

Agent Details

Gibbs Gillespie, Northwood Sales

01923 961080

Next Steps?

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

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