2 Bed Bungalow, Refurb/BRRR, Harrow, HA3 6AL, £550,000

Winston Close, Harrow, HA3 6AL - 6 months ago

Refurb/BRRR
~134 m²
+19 photos

ValuationFair Value

Sold Prices£380K - £835K
Sold Prices/m²£5K/m² - £9K/m²

 

 

Square Metres

~134.25 m²
Price/m²£4.1K/m²

Value Estimate

£561,000

 

 

End Value (After Refurb)

£812,448

Uplift in Value

+48%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Refurb Costs

£71,020

Bridging Loan Interest

£14,438

Total Cash In

£268,407

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£812,448

Agent Fees (1%)

£8,124

Bridging Loan

£412,500

Bridging Loan Interest

£14,438

Flip Profit

£123,416

Local Sold Prices

28 sold prices from £380K to £835K, average is £540K. £5K/m² to £9K/m², average is £6.8K/m².

PriceDateDistanceAddressBeds 
£470K03/210.03 mi8, Winston Close, Harrow, Greater London HA3 6AL2
£627.5K04/220.1 mi2, Richmond Gardens, Harrow, Greater London HA3 6AJ2
£444K10/210.14 mi52a, Woodlands Drive, Stanmore, Greater London HA7 3PA2
£560K06/210.17 mi6, Holme Way, Stanmore, Greater London HA7 3RE2
£485K11/220.18 mi822, Kenton Lane, Harrow, Greater London HA3 6AG2
£495K05/210.21 mi126, Gordon Avenue, Stanmore, Greater London HA7 3QU2
£505K02/210.24 mi37, Whitegate Gardens, Harrow, Greater London HA3 6BW2
£380K04/230.29 mi9, Laurel Park, Harrow, Greater London HA3 6AU2
£528K01/210.29 mi34, College Close, Harrow, Greater London HA3 7BZ2
£510K09/230.3 mi28, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£625K05/230.3 mi1, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£530K01/210.3 mi25, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£582.5K05/230.3 mi9, Ashdale Grove, Stanmore, Greater London HA7 3SB2
£550K08/230.32 mi51, Kenneth Gardens, Stanmore, Greater London HA7 3SA2
£570K06/210.34 mi137, College Hill Road, Harrow, Greater London HA3 7BX2
£560K12/220.34 mi32, Kenneth Gardens, Stanmore, Greater London HA7 3SD2
£610K09/210.35 mi44, Kenneth Gardens, Stanmore, Greater London HA7 3SD2
£820K06/210.35 mi2, Kenneth Gardens, Stanmore, Greater London HA7 3SD2
£422.5K10/200.36 mi15, Kingfisher Close, Harrow Weald, Harrow, Greater London HA3 6DA2
£420K04/210.36 mi8, Kingfisher Close, Harrow Weald, Harrow, Greater London HA3 6DA2
£525K11/230.39 mi25, Weald Rise, Harrow, Greater London HA3 7DQ2
£600K06/230.44 mi2, Hollybush Close, Harrow, Greater London HA3 7DP2
£700K10/200.76 mi32, Embry Way, Stanmore, Greater London HA7 3AZ2
£387.5K10/200.76 mi30, The Middle Way, Harrow, Greater London HA3 7EG2
£742.5K09/220.89 mi6, Tudor Well Close, Stanmore, Greater London HA7 2SD2
£460K10/220.93 mi33, Claremont Road, Wealdstone, Harrow, Greater London HA3 7AU2
£835K12/200.94 mi32, Fallowfield, Stanmore, Greater London HA7 3DF2
£615K03/210.95 mi43, Elm Park, Stanmore, Greater London HA7 4AU2

Local Rents

29 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75004/240.09 mi-2
£1,90001/240.18 miStanmore, Middlesex. HA7 3RF2
£1,90002/240.18 miCairn Way, Stanmore, Middlesex, HA72
£1,90002/240.19 miCairn Way, Stanmore, Greater London, HA72
£1,90001/240.19 miCairn Way, Stanmore2
£1,80004/240.22 miFontwell Close, Harrow, HA32
£1,80012/240.22 mi-2
£1,80002/250.22 mi-2
£1,65002/240.22 miDromey Gardens, Harrow Weald2
£2,25001/250.23 mi-2
£1,75002/250.29 mi-2
£1,65003/250.29 mi-2
£1,70003/250.29 mi-2
£1,75011/230.3 miCollege Hill Road, Harrow2
£1,65004/240.38 miWhisperwood Close, Harrow Weald2
£2,20012/240.48 mi-2
£2,20004/240.48 miGordon Avenue, Stanmore, HA72
£1,55002/240.48 miCollege Road, Harrow Weald2
£2,20004/240.51 miBrookshill Gate, Brookshill, HA32
£1,95003/250.54 mi-2
£1,85004/240.54 miDouglas Close, Essex House, HA72
£1,80002/250.55 mi-2
£1,70012/240.55 mi-2
£1,95012/240.55 mi-2
£1,80001/250.56 mi-2
£1,75002/250.59 mi-2
£1,40012/240.59 mi-2
£1,60012/240.6 mi-2
£1,50004/240.6 mi286 High Road, Harrow, HA32

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

1.76 miles away

Nearest school

0.20 miles away

Nearest train station

1.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £550,000

March 12, 2025

Price changed to £575,000

December 6, 2024

Listed for £600,000

October 1, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Two Bathrooms +
  • Dining Room +
  • Reception +
  • Garden +
  • Off Street Parking +
  • Garage +
  • Freehold +

Hamptons are delighted to introduce to the market this charming detached bungalow. This property comprises two bedrooms, two receptions, two bathrooms, separate kitchen, a good level of storage facility throughout, garage, modernisation potential and an attractive rear garden with paved and decking area that lends itself ideally towards al-fresco dining. The vendor has priced this home extremely sensibly and we are expecting high demand; as such, we would highly encourage an immediate viewing. This property is being sold with no forward chain.

Situation

A family area located in North West London, Harrow Weald forms part of the London Borough of Harrow. Located near Bushey Heath, Stanmore, Wealdstone, Headstone and Hatch End, the southern part of the area is a suburban development consisting of houses, schools, small shops, supermarkets and pubs.

Most of the northern part of Harrow Weald consists of woodland, with the eastern part of the wood merging into the gorgeous grounds of Bentley Priory.

Harrow Weald is located close to various schools including Harrow School - one of the country’s leading public schools and Harrow College.

Transport links are easily accessible with a journey from Harrow & Wealdstone overground taking 16 minutes to Euston, and underground Bakerloo services taking approximately 40 minutes. Jubilee line connection at Stanmore station. The local area is well served with bus routes.

There is also a good level of local shops within the area in addition. Property Ref Number: HAM-54709

Agent Details

Hamptons, Stanmore

020 3907 9884

Next Steps?

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