2 Bed Flat, Single Let, Northolt, UB5 6GD, £250,000

HERTFORD HOUSE Taywood Road, Northolt, Greater London, UB5 6GD - a year ago

Under Offer
Leasehold
BTL
ROI: 6%
65 m²
+4 photos

ValuationUndervalued

Sold Prices£175K - £463K
Sold Prices/m²£3K/m² - £7.4K/m²

 

 

Square Metres

64.60 m²
Price/m²£3.9K/m²

Value Estimate

£312,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,450 - £2,300

Rent Estimate

£1,475

Running Costs/mo

£1,096

Cashflow/mo

£379

Cashflow/yr

£4,545

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £175K to £463K, average is £307.5K. £3K/m² to £7.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£295K08/210.08 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.08 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.08 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£285K02/210.09 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.09 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£235K11/220.11 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.11 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£415K11/220.14 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£191.3K09/200.23 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£310K03/230.33 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£463K08/220.38 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2
£279K06/230.43 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£300K12/220.5 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£338K02/210.5 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£277.5K04/210.54 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£345K02/230.55 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£272.5K03/230.58 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£350K11/230.6 mi71, Braund Avenue, Greenford, Greater London UB6 9JJ2
£343K01/240.6 mi22, Greenway Gardens, Greenford, Greater London UB6 9TT2
£295K05/230.6 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£345K10/220.61 mi10, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312.5K11/220.61 mi28a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312K09/230.63 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£325K02/230.64 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£360K04/230.64 mi8, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£285K04/230.64 mi30, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£288K08/230.65 mi38, Union Road, Northolt, Greater London UB5 6UE2
£265K07/230.68 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£325K04/210.69 mi34, Eastmead Avenue, Greenford, Greater London UB6 9RB2
£343K12/220.69 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£267K01/230.69 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£305K01/230.71 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£357K03/230.71 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£300K09/230.72 mi22, Stickleton Close, Greenford, Greater London UB6 9RQ2
£335K11/200.72 mi18, Stickleton Close, Greenford, Greater London UB6 9RQ2
£335K10/200.72 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£200K02/210.74 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£275K02/210.74 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£285K11/200.75 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£305K01/210.79 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£194K06/210.83 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.83 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£350K12/220.83 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£340K11/210.85 mi17, Westend Gardens, Northolt, Greater London UB5 6QR2
£295K06/210.86 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£355K12/220.86 mi32, Ferrymead Avenue, Greenford, Greater London UB6 9TJ2
£350K03/210.93 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£351.5K05/230.93 mi16, Melrose Avenue, Greenford, Greater London UB6 9TA2
£330K12/200.93 mi10, Melrose Avenue, Greenford, Greater London UB6 9TA2
£320K03/230.95 mi46, Mount Avenue, Southall, Greater London UB1 2LH2

Local Rents

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

RentDateDistanceAddressBeds 
£1,75002/250.04 mi-2
£1,85012/240.04 mi-2
£1,89001/250.04 mi-2
£1,75002/250.04 mi-2
£1,85003/250.05 mi-2
£1,55010/240.06 miWaxlow Way, Northolt2
£1,75002/250.07 mi-2
£1,50010/240.18 miTaywood Road, Northolt2
£1,79502/250.19 mi-2
£1,65010/240.24 miNortholt, UB52
£1,65010/240.29 mi-2
£1,85002/240.31 mi-2
£1,50003/250.48 mi-2
£2,20012/240.49 mi-2
£1,65010/240.5 miRuislip Road, Greenford2
£2,30010/240.53 mi-2
£1,45010/240.55 miDehavilland Close, Northolt, UB52

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.90 miles away

Nearest school

0.20 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

February 21, 2024

Sold for £229,995

2007

Floor Plans

Description

  • TWO DOUBLE BEDROOMS +
  • PURPOSE BUILT BLOCK +
  • FOURTH FLOOR WITH LIFT ACCESS +
  • CORNER FLAT WITH DOUBLE ASPECT VIEWS +
  • MASTER BEDROOM WITH EN SUITE +
  • LEASE IN EXCESS OF 100 YEARS +
  • UNDERGROUND PARKING +
  • NO UPPER CHAIN +

Bennett Holmes are pleased to offer this well presented two double bedroom, two bathroom purpose built, corner, fourth floor flat located in the ever popular Grand Union Village with its own shops and restaurant. The property is convenient for commuters requiring the A40 into and out of London and it is offered to the market in good decorative order throughout. Benefits include a double aspect lounge offering great views, a lift, double glazing, electric heating, a modern kitchen and bathroom. Master bedroom with en-suite shower room, underground parking and no upper chain.

Agent Details

Bennett Holmes, Northolt

020 3835 2107

Next Steps?

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