2 Bed Flat, Single Let, Harrow, HA3 5DL, £225,000

Church Parade, High Street, HA3 5DL - 3 views - 10 days ago

Leasehold

Auction

BTL

ROI: 11%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£110K - £475K
Sold Prices/m²	£3.1K/m² - £14.4K/m²

Square Metres	~68.11 m²
Price/m²	£3.3K/m²
Value Estimate	£279,000£279,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£14,450£14,450
Total Cash In	£70,700£70,700

Cash Out
Rent Range	£1,495 - £2,200£1,495 - £2,200
Rent Estimate	£1,750
Running Costs/mo	£1,073£1,073
Cashflow/mo	£677£677
Cashflow/yr	£8,123£8,123
ROI	11%11%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £110K to £475K, average is £331K. £3.1K/m² to £14.4K/m², average is £5.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£110K	01/21	0.13 mi	Flat 4, Pinsent House, Greenleaf Way, Harrow, Greater London HA3 7SL	-	-	2	Flat
£246.5K	04/21	0.16 mi	22, Aberdeen Road, Harrow, Greater London HA3 7NF	-	-	2	Flat
£407.5K	12/20	0.19 mi	9, Grant Road, Harrow, Greater London HA3 7SB	£5,224	78	2	Flat
£315K	11/22	0.3 mi	204, High Road, Harrow, Greater London HA3 7BA	-	-	2	Flat
£250K	09/21	0.32 mi	19, Archery Close, Harrow, Greater London HA3 7RT	-	-	2	Flat
£292K	05/23	0.32 mi	18, Archery Close, Harrow, Greater London HA3 7RT	-	-	2	Flat
£300K	10/22	0.33 mi	237a, High Road, Harrow, Greater London HA3 5EE	-	-	2	Flat
£291.5K	04/21	0.36 mi	8, Nicola Close, Harrow, Greater London HA3 5HP	£5,205	56	2	Flat
£280K	07/21	0.36 mi	14, Nicola Close, Harrow, Greater London HA3 5HP	-	-	2	Flat
£340K	02/21	0.39 mi	9a, Barchester Road, Harrow, Greater London HA3 5HH	£4,533	75	2	Flat
£380K	10/23	0.4 mi	18, Enderley Road, Harrow, Greater London HA3 5HF	£6,230	61	2	Flat
£295K	06/21	0.42 mi	36a, Herga Road, Harrow, Greater London HA3 5AS	-	-	2	Flat
£322K	08/23	0.42 mi	24a, Herga Road, Harrow, Greater London HA3 5AS	£5,750	56	2	Flat
£325K	11/22	0.43 mi	7a, Bengarth Drive, Harrow, Greater London HA3 5HX	-	-	2	Flat
£311K	01/23	0.44 mi	44, Masons Avenue, Harrow, Greater London HA3 5AR	£5,759	54	2	Flat
£195K	03/21	0.49 mi	4a, Weald Lane, Harrow, Greater London HA3 5ES	£3,095	63	2	Flat
£326K	06/23	0.52 mi	91, Sefton Avenue, Harrow, Greater London HA3 5JP	-	-	2	Flat
£315K	06/21	0.53 mi	10, Rusland Heights, Harrow, Greater London HA1 1UU	£5,943	53	2	Flat
£262K	03/23	0.54 mi	207, Christchurch Avenue, Harrow, Greater London HA3 5BA	£4,679	56	2	Flat
£380K	09/22	0.55 mi	16, Broadlawns Court, Harrow, Greater London HA3 7HN	£6,552	58	2	Flat
£350K	02/23	0.57 mi	15, Broadlawns Court, Harrow, Greater London HA3 7HN	£5,932	59	2	Flat
£390K	09/23	0.57 mi	Flat A, 186, Harrow View, Harrow, Greater London HA1 4TN	-	-	2	Flat
£350K	09/22	0.57 mi	21a, Derby Avenue, Harrow, Greater London HA3 5JU	£14,415	24	2	Flat
£341.5K	08/23	0.61 mi	33a, Frognal Avenue, Harrow, Greater London HA1 2SG	£6,153	56	2	Flat
£189K	11/20	0.62 mi	10, The Close, Harrow, Greater London HA2 6NT	£3,375	56	2	Flat
£370K	06/21	0.63 mi	41, Ranmoor Close, Harrow, Greater London HA1 1UH	£6,357	58	2	Flat
£335K	10/21	0.66 mi	6, Alma Row, Harrow, Greater London HA3 6HN	£5,492	61	2	Flat
£310K	11/20	0.66 mi	2, Tallack Close, Harrow, Greater London HA3 7DN	£5,741	54	2	Flat
£350K	06/23	0.66 mi	66, Hampden Road, Harrow, Greater London HA3 5PR	£7,338	48	2	Flat
£336K	09/23	0.67 mi	111, Rosslyn Crescent, Harrow, Greater London HA1 2RY	£5,419	62	2	Flat
£368K	12/20	0.68 mi	10a, Radnor Avenue, Harrow, Greater London HA1 1SB	£6,033	61	2	Flat
£332K	05/23	0.68 mi	19, Fairfield Drive, Harrow, Greater London HA2 6PY	£6,385	52	2	Flat
£330K	02/21	0.69 mi	25b, Radnor Avenue, Harrow, Greater London HA1 1SB	£5,323	62	2	Flat
£394K	11/21	0.69 mi	40a, Hide Road, Harrow, Greater London HA1 4SF	£4,635	85	2	Flat
£340K	11/22	0.69 mi	11, Fairfield Drive, Harrow, Greater London HA2 6PY	£6,182	55	2	Flat
£350K	02/23	0.7 mi	20, Twickenham Gardens, Harrow, Greater London HA3 6BG	-	-	2	Flat
£350K	12/20	0.7 mi	7, Twickenham Gardens, Harrow, Greater London HA3 6BG	£5,147	68	2	Flat
£319.5K	03/21	0.7 mi	22, Twickenham Gardens, Harrow, Greater London HA3 6BG	£4,564	70	2	Flat
£379.9K	06/23	0.7 mi	40, Twickenham Gardens, Harrow, Greater London HA3 6BG	-	-	2	Flat
£282K	08/21	0.71 mi	37, Albert Road, Harrow, Greater London HA2 6PS	£5,222	54	2	Flat
£325K	10/21	0.72 mi	84, Harrow View, Harrow, Greater London HA1 4TE	£4,643	70	2	Flat
£400K	06/21	0.72 mi	23, Hamilton Road, Harrow, Greater London HA1 1SX	£5,816	69	2	Flat
£317.5K	02/21	0.72 mi	64a, Longley Road, Harrow, Greater London HA1 4TH	£5,381	59	2	Flat
£420K	02/21	0.73 mi	78, Radnor Road, Harrow, Greater London HA1 1SA	-	-	2	Flat
£475K	03/21	0.74 mi	70, Nibthwaite Road, Harrow, Greater London HA1 1TG	£5,655	84	2	Flat
£445.9K	02/23	0.74 mi	47a, Longley Road, Harrow, Greater London HA1 4TG	£5,373	83	2	Flat
£407K	12/22	0.75 mi	73a, Harrow View, Harrow, Greater London HA1 1RF	£5,732	71	2	Flat
£280K	03/21	0.78 mi	Lower Maisonette, 10, Harrow View, Harrow, Greater London HA1 1RG	-	-	2	Flat
£335K	03/23	0.79 mi	79, Elmgrove Road, Harrow, Greater London HA1 2QW	-	-	2	Flat
£329K	06/21	0.8 mi	62d, Warrington Road, Harrow, Greater London HA1 1SY	£5,576	59	2	Flat

Local Rents

51 rents from £1.5K/mo to £2.2K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	04/24	0.02 mi	Admiral House, Cardinal Way, Wealdstone, HA3	2	Flat
£1,550	04/24	0.02 mi	Admiral House, Cardinal Way, Wealdstone, HA3	2	Flat
£1,700	04/24	0.07 mi	Spencer Road, Harrow, HA3	2	Terraced House
£1,650	12/24	0.09 mi	-	2	Flat
£1,800	04/24	0.09 mi	High Street, Harrow	2	Flat
£1,750	04/24	0.1 mi	Sunset House, Grant Road, Harrow Wealdstone, Middlesex, HA3	2	Flat
£1,550	04/25	0.1 mi	-	2	Flat
£1,550	04/25	0.1 mi	-	2	Flat
£1,725	04/24	0.11 mi	Montrose Road, Ha3	2	Flat
£1,650	03/25	0.11 mi	-	2	Flat
£1,495	02/25	0.11 mi	-	2	Flat
£1,495	03/25	0.11 mi	-	2	Flat
£1,700	01/25	0.12 mi	-	2	Flat
£1,600	05/23	0.15 mi	Spencer Road, Harrow	2	Flat
£1,650	04/24	0.15 mi	Spencer Road, Harrow	2	Flat
£1,850	04/24	0.15 mi	Lowry Court, 23 Artisan Place, Harrow , HA3	2	Flat
£1,700	04/24	0.15 mi	Spencer Road, Harrow	2	Flat
£1,750	04/24	0.15 mi	Montrose Road, Harrow, Middlesex HA3	2	Flat
£1,725	04/24	0.15 mi	Montrose Road, Harrow, Middlesex HA3	2	Flat
£1,900	04/24	0.15 mi	-	2	Flat
£1,700	04/24	0.16 mi	-	2	Flat
£1,700	03/25	0.16 mi	-	2	Flat
£2,100	03/25	0.17 mi	-	2	Terraced House
£1,650	12/24	0.17 mi	-	2	Flat
£1,950	12/24	0.18 mi	-	2	Flat
£1,900	12/24	0.19 mi	-	2	Flat
£1,900	04/24	0.19 mi	Applebee Court, Wealdstone, Harrow, HA3	2	Flat
£1,800	03/25	0.19 mi	-	2	Flat
£1,850	04/24	0.19 mi	Artisan Place, Wealdstone	2	Flat
£1,650	04/24	0.25 mi	Birchfield, Palmerston Road, HA3	2	Flat
£1,600	04/24	0.27 mi	-	2	Flat
£1,650	01/25	0.27 mi	-	2	Flat
£1,550	01/25	0.27 mi	-	2	Flat
£2,000	02/25	0.27 mi	-	2	Flat
£1,725	12/24	0.28 mi	-	2	Flat
£1,750	04/24	0.35 mi	-	2	Flat
£1,600	04/24	0.38 mi	Archery Close, Harrow, HA3	2	Flat
£1,550	04/24	0.4 mi	Enderley Road, Harrow	2	Flat
£1,600	04/24	0.41 mi	Archery Close, Harrow, Middlesex, HA3	2	Flat
£1,695	03/25	0.43 mi	-	2	Terraced House
£1,750	12/24	0.43 mi	-	2	Flat
£2,200	03/25	0.44 mi	-	2	Flat
£2,200	03/25	0.47 mi	-	2	Flat
£2,200	04/25	0.47 mi	-	2	Flat
£2,200	04/25	0.47 mi	-	2	Flat
£1,900	04/25	0.47 mi	-	2	Flat
£1,800	02/25	0.48 mi	-	2	Flat
£1,675	03/25	0.48 mi	-	2	Flat
£2,025	04/24	0.48 mi	Eastman Village, Harrow, HA1	2	Flat
£1,795	01/25	0.48 mi	-	2	Flat
£1,700	04/24	0.48 mi	-	2	Flat

Local Area Statistics

Population in HA3	70,80970,809
Population in Harrow	164,559164,559
Town centre distance	0.76 miles away0.76 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.37 miles away0.37 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+11%+11%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £225,000

April 3, 2025

Floor Plans

Description

Two Bedroom +
Second Floor Flat +
Close to High Street +
104 Years Lease Remaining +
Auction on 27 February 2025 +

Available to the market is this spacious two bedroom purpose built flat, located on the second floor and benefitting from a long lease.

Internally you will find an open plan kitchen/lounge, two bedrooms and family bathroom.

The property benefits from gas central heating system, double glazed windows and a parking space.

It is located within close proximity to excellent transport and shopping facilities including trains from Harrow and Wealdstone station on the Bakerloo and London Overground lines.
This would make an ideal property for first time buyers or investors with a rental income of £1750-£1800 PCM. Viewings are highly recommended.

Mobile signal/coverage: Good.

Flooded in the last 5 years: No.

Construction materials used: Brick and block.

Heating Supply: Central heating (gas).

Parking Availability: Yes.

Agent Details

Hilton & Fox, Harrow

020 3834 8346

Next Steps?

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

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