4 Bed Detached House, Refurb/BRRR, London, NW4 3XU, £1,200,000

Alderton Crescent, London, NW4 3XU - 8 days ago

Refurb/BRRR
~129 m²

ValuationOvervalued

Sold Prices£320K - £1.8M
Sold Prices/m²£4.5K/m² - £10.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£9.3K/m²

Value Estimate

£906,339

 

 

End Value (After Refurb)

£1,142,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£300,000

Stamp Duty & Legal Fees

£122,450

Refurb Costs

£68,381

Bridging Loan Interest

£31,500

Total Cash In

£524,081

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,142,500

Mortgage (After Refinance)

£856,875

Mortgage LTV

75%

Cash Left In

£524,081

Equity

£285,625

Rent Range

£1,850 - £6,500

Rent Estimate

£3,240

Running Costs/mo

£4,238

Cashflow/mo

£-998

Cashflow/yr

£-11,980

Gross Yield

3%

Local Sold Prices

49 sold prices from £320K to £1.8M, average is £825K. £4.5K/m² to £10.7K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£1.1M11/220.19 mi40, Foscote Road, London, Greater London NW4 3SD4
£760K06/210.2 mi83, Sevington Road, London, Greater London NW4 3RU4
£960K03/210.21 mi7, Vaughan Avenue, London, Greater London NW4 4HT4
£1.8M10/200.22 mi43, Wykeham Road, London, Greater London NW4 2SS4
£1.3M09/220.23 mi27, Foscote Road, London, Greater London NW4 3SE4
£1.2M02/210.24 mi8, Edgeworth Avenue, London, Greater London NW4 4EZ4
£675K09/210.25 mi31, Sydney Grove, London, Greater London NW4 2EJ4
£1.0M07/230.25 mi47, Sydney Grove, London, Greater London NW4 2EJ4
£1.2M06/210.28 mi8, Faber Gardens, London, Greater London NW4 4NR4
£950K11/200.28 mi18, Faber Gardens, London, Greater London NW4 4NR4
£780K06/210.28 mi17, Hollyview Close, London, Greater London NW4 3SZ4
£1.2M10/220.29 mi17, Woodward Avenue, London, Greater London NW4 4NU4
£1.1M06/210.3 mi14, Edgeworth Crescent, London, Greater London NW4 4HG4
£870K10/220.33 mi50, Talbot Crescent, London, Greater London NW4 4HP4
£735K01/230.36 mi65, Park Road, London, Greater London NW4 3PA4
£1.1M03/210.37 mi3, Queens Gardens, London, Greater London NW4 2TR4
£1.3M02/210.39 mi16, Denehurst Gardens, London, Greater London NW4 3QT4
£700K11/210.4 mi16, Endersleigh Gardens, London, Greater London NW4 4RZ4
£695K11/200.4 mi16, Grove Gardens, London, Greater London NW4 4SB4
£688K03/210.42 mi9, Babington Road, London, Greater London NW4 4LD4
£850K11/200.43 mi21, Renters Avenue, London, Greater London NW4 3QY4
£605K05/210.43 mi24, Babington Road, London, Greater London NW4 4LD4
£755K08/220.45 mi31, Ravenshurst Avenue, London, Greater London NW4 4EG4
£1.1M03/210.48 mi4, The Approach, London, Greater London NW4 2HU4
£1.1M05/210.5 mi29, Shirehall Lane, London, Greater London NW4 2PT4
£1.0M07/230.51 mi16, Elm Close, London, Greater London NW4 2PH4
£560K11/200.51 mi78, Sturgess Avenue, London, Greater London NW4 3TT4
£1.0M04/210.52 mi12, Elm Close, London, Greater London NW4 2PH4
£500K06/210.52 mi103, Colin Crescent, London, Greater London NW9 6ET4
£640K12/230.55 mi96, Colin Crescent, London, Greater London NW9 6EX4
£800K09/210.55 mi22, West Avenue, London, Greater London NW4 2LJ4
£1.1M11/220.55 mi8, West Avenue, London, Greater London NW4 2LJ4
£1.3M10/220.56 mi2, Hatchcroft, London, Greater London NW4 4JH4
£810K04/210.57 mi38, Brent Street, London, Greater London NW4 2ET4
£880K01/240.57 mi26, Brent Street, London, Greater London NW4 2ET4
£755K03/210.62 mi25, Sunny Gardens Road, London, Greater London NW4 1SL4
£1.7M07/230.62 mi24, Shirehall Gardens, London, Greater London NW4 2QS4
£570K11/200.62 mi97, Dallas Road, London, Greater London NW4 3JD4
£570K11/200.62 mi97, Dallas Road, London, Greater London NW4 3JD4
£800K03/210.64 mi11, Alexandra Road, London, Greater London NW4 2SB4
£675K05/230.66 mi26, Colin Gardens, London, Greater London NW9 6EJ4
£588K07/220.67 mi66, Brent Park Road, London, Greater London NW4 3HR4
£1.4M12/200.67 mi57, Shirehall Park, London, Greater London NW4 2QN4
£825K08/220.7 mi9, Hendale Avenue, London, Greater London NW4 4LU4
£1.5M06/220.7 mi1, Danescroft Gardens, London, Greater London NW4 2ND4
£600K05/210.7 mi36, Albert Road, London, Greater London NW4 2SG4
£320K02/210.74 mi2a, Western Avenue, London, Greater London NW11 9HH4
£670K02/210.77 mi18, Southfields, London, Greater London NW4 4ND4
£730K10/200.78 mi10, Clarendon Gardens, London, Greater London NW4 4UU4

Local Rents

49 rents from £1.9K/mo to £6.5K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£4,00001/250.06 mi-4
£1,85008/240.06 miWatford Way, Hendon Central3
£2,10006/240.06 mi-3
£2,75001/250.06 mi-3
£1,85008/240.06 miQueens Mansions, Watford Way, Hendon, NW43
£2,69508/240.07 miVivian Avenue, London, NW43
£2,85009/240.07 mi-3
£2,10207/240.07 miWatford Way, Hendon,NW4 3AU3
£5,00006/240.08 miRundell Crescent, Hendon, NW44
£2,75002/240.12 mi-3
£2,55006/240.12 mi-3
£2,10006/240.13 mi-3
£4,10006/240.14 miCheyne Close, NW4 3NH4
£5,00509/240.14 miWykeham Road, Hendon, NW44
£3,40012/240.14 mi-3
£2,50002/240.15 mi-3
£1,87508/240.15 miQuadrant Close, Hendon, London, NW43
£1,95008/240.15 miQuadrant Close ,The Burroughs, Hendon3
£5,00509/240.16 miWykeham Road, Hendon, NW44
£2,70007/240.16 miVivian Avenue, Hendon, NW44
£2,30007/240.16 miVivian Avenue, Hendon, London, NW43
£1,99306/240.17 miStation Road, London, NW43
£3,25003/240.18 miProthero Gardens, London, NW43
£2,00007/240.18 mi-3
£3,25008/240.18 miProthero Gardens, Hendon, NW43
£1,97508/240.19 miQuadrant Close, Hendon, London, NW43
£2,60003/250.2 mi-3
£2,80006/240.2 mi-3
£2,60008/240.21 miAudley Road, London, NW4 3HG3
£5,00006/240.21 miCheyne Walk, London5
£4,99504/250.21 mi-5
£2,14503/240.23 miHighview House, Queens Road, London, NW43
£3,50006/240.24 mi6 Queens Road, London, NW43
£6,50006/240.24 miQueens Road, Hendon, NW43
£3,50006/240.24 miHighview House, Queens Road, London, NW43
£3,50006/240.24 miQueens Road, London3
£2,70008/240.25 miGraham Road, London, NW44
£5,50006/240.25 miVaughan Avenue, Hendon, NW46
£3,00001/250.25 mi-3
£4,25001/250.26 mi-4
£4,50007/240.26 mi-3
£3,25006/240.26 miEdgeworth Avenue, Hendon4
£6,00006/240.26 mi-3
£6,00006/240.26 mi-3
£2,80010/240.26 mi-3
£2,75007/240.28 mi-3
£3,90006/240.28 miHollyview Close, London5
£2,15006/240.28 miBrampton Grove London NW43
£2,15006/240.28 miBrampton Grove, Hendon, NW43

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

6.53 miles away

Nearest school

0.30 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Listed for £1,200,000

March 28, 2025

Floor Plans

Description

  • Sole agent +
  • Chain free +
  • Plenty of potential STPP +

A four bedroom link detached family home in need of complete modernization with the added benefits of an adjoining granny flat. There is potential to extend STPP

Agent Details

Hendon Estates, London

020 3909 6506

Next Steps?

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