2 Bed Flat, Single Let, Southall, UB1 2RQ, £350,000

Lady Margaret Road, Southall, UB1 2RQ - 4 views - a year ago

Leasehold
BTL
ROI: 2%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£195K - £467.5K
Sold Prices/m²£2.9K/m² - £6.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£324,338

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (26%)

£91,250

Stamp Duty & Legal Fees

£17,900

Total Cash In

£109,150

 

 

Cash Out

 

Rent Range

£1,600 - £2,800

Rent Estimate

£1,700

Running Costs/mo

£1,501

Cashflow/mo

£199

Cashflow/yr

£2,388

ROI

2%

Gross Yield

6%

Local Sold Prices

30 sold prices from £195K to £467.5K, average is £291K. £2.9K/m² to £6.4K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£350K12/200.2 mi174, North Road, Southall, Greater London UB1 2JX2
£320K03/230.27 mi46, Mount Avenue, Southall, Greater London UB1 2LH2
£275K02/210.31 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£357K03/230.33 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£467.5K06/210.35 mi4, Boyd Avenue, Southall, Greater London UB1 3BT2
£292K05/230.36 mi12a, Melrose Drive, Southall, Greater London UB1 3QA2
£280K10/210.42 mi11, Addison Place, Southall, Greater London UB1 3QX2
£300K09/220.45 mi11, Atherton Place, Southall, Greater London UB1 3QT2
£195K06/210.45 mi9, Mark Close, Southall, Greater London UB1 3QJ2
£220K02/230.49 mi173, Berwick Avenue, Hayes, Greater London UB4 0NJ2
£287K11/210.56 mi38a, Livingstone Road, Southall, Greater London UB1 1PQ2
£270K11/200.56 mi47, Livingstone Road, Southall, Greater London UB1 1PQ2
£220K10/220.57 mi54, Wallis Road, Southall, Greater London UB1 3LA2
£280K08/230.58 mi11, Whittle Close, Southall, Greater London UB1 3JU2
£250K10/210.59 mi16, Swan Road, Southall, Greater London UB1 3JT2
£330K10/220.72 mi7, Barbican Road, Greenford, Greater London UB6 9DH2
£286K08/230.73 mi58, Barbican Road, Greenford, Greater London UB6 9DH2
£265K04/210.73 mi13, Barbican Road, Greenford, Greater London UB6 9DH2
£279K06/230.85 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£256K02/230.91 mi23a, Portland Road, Southall, Greater London UB2 4BX2
£268K06/230.91 mi20, Greenford Road, Greenford, Greater London UB6 9AT2
£463K08/220.92 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2
£289.9K11/220.93 mi28, Cubitt Square, Southall, Greater London UB2 4UA2
£350K03/210.93 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£427K04/210.94 miFlat 5, Chaucer House, Hilda Road, Southall, Greater London UB2 4FN2
£350K11/230.97 mi71, Braund Avenue, Greenford, Greater London UB6 9JJ2
£295K08/210.97 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.97 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.97 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£310K03/231 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2

Local Rents

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

RentDateDistanceAddressBeds 
£2,10002/250.3 mi-2
£2,10002/250.3 mi-2
£2,10002/250.3 mi-2
£1,90003/250.34 mi-2
£1,80001/250.34 mi-2
£1,80001/250.35 mi-2
£1,70010/240.35 mi-2
£2,10003/250.45 mi-2
£1,80012/240.48 mi-2
£1,60010/240.49 miBerwick Avenue,Hayes,UB42
£1,60012/240.52 mi-2
£2,00010/240.52 mi-2
£2,80011/240.57 mi-2
£2,80011/240.57 mi-2
£2,80001/250.57 mi-2
£2,20011/240.6 mi-2

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.29 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £350,000

December 4, 2024

Listed for £365,000

March 2, 2024

Floor Plans

Description

  • Garage +
  • 900+ Years Lease +
  • Marble Flooring +
  • Steam Room +
  • Walking Distance To Southall Broadway +
  • Off Street Parking +

Brian Cox and Company are delighted to bring to the market this stunning two double bedroom apartment. The property is immaculate throughout and consists of a large reception room, two double bedrooms, Kitchen and a family bathroom with a steam room built in. Further benefits include double glazing, ample storage, and a Juliet balcony. Viewings are highly recommended to really appreciate what this amazing apartment has to offer so call now to avoid disappointment!!!

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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