# 2 bedroom semi-detached house for sale (NW9 5AR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 103 THE GREENWAY, LONDON, GREATER LONDON NW9 5AR |
| Price | £475,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 65 m² |
| Last sold | £430,000 Jun 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 13/04/2026 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £735/year
- **Est. upgrade cost to C:** £21,500

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9948-0029-7284-4836-9984)

## Description

An unmodernised two double bedroom, two reception room semi-detached house situated in a residential road just off The Edgware Road, within easy reach of the excellent local shopping and transport facilities and approximately half a mile from Colindale Tube Station.

For further details or to arrange a viewing contact Ellis and Co Estate Agents on 020 8959 3281.

The property is currently informally arranged as two separate one bedroom flats and would need to be either re-instated to a single dwelling or formally converted to create two flats (subject to obtaining the necessary planning permission and building regulation consents). 

Benefits include approximately 70ft rear garden and own drive providing off street parking for several cars.

For further details or to arrange a viewing contact Ellis and Co Estate Agents on 020 8959 3281.

## Property Photos

- ![Picture No. 01](/listings/photos/73619984/339094) - Picture No. 01
- ![Picture No. 05](/listings/photos/73619984/339097) - Picture No. 05
- ![Picture No. 16](/listings/photos/73619984/339099) - Picture No. 16
- ![Picture No. 15](/listings/photos/73619984/339101) - Picture No. 15
- ![Picture No. 14](/listings/photos/73619984/339107) - Picture No. 14
- ![Picture No. 13](/listings/photos/73619984/339109) - Picture No. 13
- ![Picture No. 02](/listings/photos/73619984/339111) - Picture No. 02
- ![Picture No. 04](/listings/photos/73619984/339113) - Picture No. 04
- ![Picture No. 03](/listings/photos/73619984/339114) - Picture No. 03
- ![Picture No. 08](/listings/photos/73619984/339115) - Picture No. 08
- ![Picture No. 09](/listings/photos/73619984/339116) - Picture No. 09
- ![Map](/listings/photos/73619984/339120) - Map

## Floorplans

- ![Floorplan](/listings/photos/73619984/339121) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/73619984/339124) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 103 THE GREENWAY, LONDON, BARNET, GREATER LONDON, NW9 5AR | £430,000 | 05/06/2019 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ | £450,000 | 19/12/2025 | Semi-detached |
| 15 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ | £550,000 | 19/12/2025 | Semi-detached |
| 22 GREENWAY CLOSE, LONDON, BARNET, GREATER LONDON, NW9 5AZ | £500,000 | 20/10/2023 | Semi-detached |
| 23 ANNESLEY AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5ED | £500,000 | 23/08/2023 | Semi-detached |
| 46 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BT | £555,000 | 14/04/2023 | Semi-detached |
| 11 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BU | £625,000 | 29/11/2022 | Semi-detached |
| 56 THE GREENWAY, LONDON, BARNET, GREATER LONDON, NW9 5AT | £575,000 | 26/09/2022 | Semi-detached |
| 17 GREENWAY GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AY | £585,000 | 02/08/2022 | Semi-detached |
| 34 GREENWAY GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AX | £675,250 | 01/07/2022 | Semi-detached |
| 8 PORTMAN GARDENS, LONDON, BARNET, GREATER LONDON, NW9 5AS | £512,500 | 20/01/2022 | Semi-detached |
| 19 SOUTHBOURNE AVENUE, LONDON, BARNET, GREATER LONDON, NW9 5BU | £568,000 | 21/12/2021 | Semi-detached |

**Area average:** £554,159 (11 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £581,119 (21 Semi-detached, NW9, 2024–2026)
- **Deviation:** -18.3%

## Rental Range

*ONS Price Index of Private Rents (Barnet). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,738/mo
- **Realistic:** £1,931/mo
- **Optimistic:** £2,124/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South West Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,247/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Capitol Way, NW9 | £2,200/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, London, NW9 | £2,100/mo | 2 | 0.28 miles | OpenRent |
| 2 Bed Flat, Ajax Avenue, NW9 | £2,900/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, Warburg Court, NW9 | £2,000/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Flat, Falcon Way, NW9 | £1,900/mo | 2 | 0.48 miles | OpenRent |
| 2 Bed Flat, Amity House, NW9 | £2,375/mo | 2 | 0.5 miles | OpenRent |

**Average rent: £2,246/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £268,750
- **Target investor price (1%):** £215,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,150/mo).*

- **Gross yield:** 5.4%
- **Cost-to-rent:** 18.4×
- **Monthly cashflow:** £39/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £7,308/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 2.5%
- **10y growth:** -3.8%

## House Price Index (HM Land Registry)

*Official index for Barnet; Semi-detached series; as of March 2026.*

- **1y growth (index):** -1.3%
- **5y growth (index):** 7.1%
- **10y growth (index):** 15.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
