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278–282 High Road, Harrow Weald, Middlesex HA3 7BB
Commercial / Residential Investment - 278–282 High Road, Har
278–282 High Road, Harrow Weald, Middlesex HA3 7BB
For Sale
£70,000+
Key Features
Freehold Investment - Gross Yield 10.8%
In the same ownership for over 43 years 6 Week Completion
Published gross yield 10.8%
Description
Freehold Investment - Gross Yield 10.8% In the same ownership for over 43 years 6 Week Completion Forming part of a parade comprising 2 Ground Floor Shops (1 sold off) and 6 Self-Contained Flats (each sold off including 1 valuable reversion) at part ground, first and second floor levels. In addition, the property includes a Yard.
Location
Located close to the junction with Weald Lane within this popular mixed commercial and residential suburb being only a few minutes walk from the main multiple shopping facilities in both Harrow Weald and Wealdstone. The area is well served by a variety of bus routes and Harrow & Wealdstone Station (Bakerloo & Main Line) is less than 1 mile away. In addition, Harrow Town Centre is only 2 miles to the south. Harrow Weald lies approx. 13 miles north-west of central London.
Auctioneer Source Facts
Auctioneer Published Gross Yield | 10.8% |
Investment Analysis
Investment Snapshot
Guide Price | £70,000+ |
Refurbishment / Works Budget | HB indicative £8,000–£50,000 |
Purchase + Works | £78,000–£120,000 |
Estimated GDV / Value | £80,500–£101,500 |
Estimated Rent / Income | £600–£2,500 pcm equivalent |
Potential Annual Income | £7,200–£30,000 pa |
Suggested Strategy | Commercial Investment |
Strategy Recommendation
Initial strategy: Commercial Investment. Verify the legal pack, tenancy schedule, title, condition, finance and local market evidence before fixing a maximum bid.
Works Required
Obtain a survey and contractor quotations. Allow for services, compliance, repairs, decoration and any structural, roofing, fit-out, common-parts or development works identified.
Rental & Market Context
Where the auctioneer publishes passing rent, that figure should take priority over HB modelling. Otherwise, HB income/value figures are indicative appraisal ranges and require local verification.
Sold within approximately 5 miles
Check recent HM Land Registry transactions and closely matched commercial or residential comparables for tenure, covenant, size, condition and location.
Potential BRRR Position
Refinance potential depends on lender valuation, lease/title, income covenant, completed condition and stress testing. Commercial and mixed-use assets may require specialist finance.
Flip Analysis
Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.
Investor Risks & Due Diligence
Read the complete legal pack and special conditions
Verify tenure, occupational leases and rent schedule
Inspect condition and obtain contractor quotations
Confirm planning/use class and development constraints
Confirm finance, VAT and insurance position
Allow for Barnett Ross administration fee and any seller costs in the legal pack
Recommendation
Proceed only where verified total project cost and income support the intended commercial investment strategy with adequate contingency and margin.
Strategy Rating
Commercial Income: ★★★★☆ | Development: ★★★☆☆ | Resale: ★★★☆☆
Auction Details :
Barnett Ross
Auction Date :
10/09/26
Lot Number :
006
Property Location:
278–282 High Road, Harrow Weald, Middlesex HA3 7BB
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02084272286
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