2 Bed Flat, Single Let, Southall, UB1 1AX, £315,000

Lowden Road, Southall, UB1 1AX - 5 views - a year ago

Leasehold
BTL
ROI: 7%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£175K - £467.5K
Sold Prices/m²£3K/m² - £6.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£324,338
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£13,900

Total Cash In

£92,650

 

 

Cash Out

 

Rent Range

£1,600 - £2,800

Rent Estimate

£1,900

Running Costs/mo

£1,384

Cashflow/mo

£516

Cashflow/yr

£6,188

ROI

7%

Gross Yield

7%

Local Sold Prices

25 sold prices from £175K to £467.5K, average is £280K. £3K/m² to £6.4K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£287K11/210.09 mi38a, Livingstone Road, Southall, Greater London UB1 1PQ2
£270K11/200.09 mi47, Livingstone Road, Southall, Greater London UB1 1PQ2
£220K02/230.12 mi173, Berwick Avenue, Hayes, Greater London UB4 0NJ2
£357K03/230.58 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£275K02/210.61 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£467.5K06/210.65 mi4, Boyd Avenue, Southall, Greater London UB1 3BT2
£350K12/200.66 mi174, North Road, Southall, Greater London UB1 2JX2
£320K03/230.71 mi46, Mount Avenue, Southall, Greater London UB1 2LH2
£279K06/230.71 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£282.5K12/200.76 mi15, Devonshire Way, Hayes, Greater London UB4 0JA2
£265K07/230.77 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£292K05/230.78 mi12a, Melrose Drive, Southall, Greater London UB1 3QA2
£194K06/210.84 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.84 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£280K10/210.88 mi11, Addison Place, Southall, Greater London UB1 3QX2
£310K03/230.89 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£195K06/210.9 mi9, Mark Close, Southall, Greater London UB1 3QJ2
£300K09/220.9 mi11, Atherton Place, Southall, Greater London UB1 3QT2
£307.5K12/230.95 mi13a, Waltham Road, Southall, Greater London UB2 5AP2
£256K02/230.96 mi23a, Portland Road, Southall, Greater London UB2 4BX2
£260K10/200.99 mi120, Johnson Street, Southall, Greater London UB2 5BZ2
£287.5K05/210.99 mi8, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.99 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.99 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£291K06/231 mi152, Scotts Road, Southall, Greater London UB2 5DG2

Local Rents

34 rents from £1.6K/mo to £2.8K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,60010/240.12 miBerwick Avenue,Hayes,UB42
£1,80010/240.15 mi-2
£2,10003/250.15 mi-2
£2,80011/240.17 mi-2
£2,80011/240.17 mi-2
£2,80001/250.17 mi-2
£1,90010/240.31 mi-2
£1,60012/240.41 mi-2
£1,60012/240.41 mi-2
£2,10002/250.44 mi-2
£2,10002/250.44 mi-2
£2,10002/250.44 mi-2
£1,75003/250.49 mi-2
£2,20011/240.49 mi-2
£1,80010/240.49 miBeaconsfield Road, Southall, Middlesex, UB12
£1,80001/250.49 mi-2
£2,00010/240.56 mi-2
£2,00003/250.57 mi-2
£2,05010/240.57 miIris House 2 Cedrus Avenue Southall UB12
£2,00010/240.57 miIris House 2 Cedrus Avenue Southall UB12
£1,97510/240.57 miAccolade Avenue, Southall, UB1 1FS2
£1,98010/240.58 mi-2
£1,98010/240.58 miWatson House, Southall, UB12
£1,95010/240.58 miSibley House, The Green Quarter, Southall, UB12
£2,05010/240.58 mi-2
£2,10010/240.58 mi-2
£2,25003/250.58 mi-2
£2,05010/240.58 miAccolade Avenue, Southall, UB12
£2,20010/240.58 miEdwin House, Accolade Avenue, Southall2
£2,20003/250.58 mi-2
£2,00010/240.59 miAccolade Avenue, Southall, UB12
£2,20010/240.59 miAccolade Avenue, Southall, UB12
£2,05010/240.59 miEdwin House, The Green Quarter, Southall, UB12
£1,90010/240.59 miArber House, The Green Quarter, UB12

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.64 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £315,000

October 4, 2023

Floor Plans

Description

  • Spacious first floor two bedroom apartment. +
  • Allocated parking space and Communal garden! +
  • Conveniently located within walking distance of Southall High street!!! +
  • Bus links to Ealing and Heathrow and good transport links M4, M25, and M40! (Crossrail 2019). +
  • Brilliant Opportunity for families, first-time buyers, commuters and Investors!!!! +

A Spacious first floor two bedroom apartment located in the popular area of Southall, UB1! The property comprises an open plan living/kitchen/diner, 2 well sized bedrooms and family bathroom. There is allocated parking and communal gardens. Conveniently located within walking distance of Southall Broadway, providing Asian retail Shops, banks, restaurants, places of worship, bus links to Ealing and Heathrow along with good transport links M4, M25, and M40! Southall Rail Station is also nearby (Crossrail 2019). A brilliant Opportunity for families, first-time buyers, commuters and Investors!!!! Viewings Highly Recommended!!  

FIRSR FLOOR FLAT  

ENTRANCE HALL  

RECEPTION ROOM 18' 0" x 13' 5" (5.49m x 4.09m)  

BEDROOM 11' 9" x 6' 0" (3.58m x 1.83m)  

STORAGE  

BEDROOM 11' 6" x 11' 3" (3.51m x 3.43m)  

BATHROOM 6' 3" x 6' 3" (1.91m x 1.91m)  

KITCHEN 8' 8" x 7' 3" (2.64m x 2.21m)

Agent Details

Hiltons Estates, Southall

020 3905 5310

Next Steps?

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