3 Bed Semi-Detached House, Refurb/BRRR, Northolt, UB5 4DA, £500,000

Dabbs Hill Lane, Northolt, UB5 4DA - 3 views - a year ago

Refurb/BRRR
ROI: 2%
~82 m²
+7 photos

ValuationOvervalued

Sold Prices£220K - £619K
Sold Prices/m²£3.7K/m² - £8K/m²

 

 

Square Metres

~82.40 m²
Price/m²£6.1K/m²

Value Estimate

£467,951

 

 

End Value (After Refurb)

£492,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£43,592

Bridging Loan Interest

£13,125

Total Cash In

£212,167

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£492,000

Mortgage (After Refinance)

£369,000

Mortgage LTV

75%

Cash Left In

£212,167

Equity

£123,000

Rent Range

£2,000 - £2,800

Rent Estimate

£2,367

Running Costs/mo

£2,031

Cashflow/mo

£336

Cashflow/yr

£4,033

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £220K to £619K, average is £485K. £3.7K/m² to £8K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£410K02/210.07 mi105, Dabbs Hill Lane, Northolt, Greater London UB5 4DB3
£500K08/230.1 mi165, The Heights, Northolt, Greater London UB5 4BT3
£560K01/230.1 mi164, The Heights, Northolt, Greater London UB5 4BT3
£530K09/230.11 mi184, The Heights, Northolt, Greater London UB5 4BU3
£457.7K12/210.13 mi102, The Heights, Northolt, Greater London UB5 4BS3
£475K01/230.13 mi108, The Heights, Northolt, Greater London UB5 4BS3
£460K11/200.14 mi29, Dabbs Hill Lane, Northolt, Greater London UB5 4AH3
£560K03/210.18 mi181, Somervell Road, Harrow, Greater London HA2 8UA3
£530K11/220.18 mi195, Somervell Road, Harrow, Greater London HA2 8UA3
£435K12/200.18 mi6, Plumpton Close, Northolt, Greater London UB5 4EQ3
£410K02/240.19 mi20, Mallet Drive, Northolt, Greater London UB5 4BE3
£460K07/230.2 mi51, Kempton Avenue, Northolt, Greater London UB5 4HF3
£460K07/230.2 mi31, Kempton Avenue, Northolt, Greater London UB5 4HF3
£566.5K06/230.2 mi72, Somervell Road, Harrow, Greater London HA2 8TT3
£580K01/210.2 mi90, Somervell Road, Harrow, Greater London HA2 8TT3
£445K02/210.2 mi94, Somervell Road, Harrow, Greater London HA2 8TT3
£469K06/210.21 mi8, Martin Drive, Northolt, Greater London UB5 4BG3
£585K08/230.22 mi182, Somervell Road, Harrow, Greater London HA2 8TS3
£492K08/210.23 mi184, Somervell Road, Harrow, Greater London HA2 8TS3
£436K10/200.23 mi3, Sussex Crescent, Northolt, Greater London UB5 4DL3
£515K07/230.24 mi29, Southwell Avenue, Northolt, Greater London UB5 4DY3
£495K09/210.26 mi38, Sussex Crescent, Northolt, Greater London UB5 4DP3
£420K01/240.27 mi43, Southwell Avenue, Northolt, Greater London UB5 4DZ3
£450K03/210.29 mi55, Southwell Avenue, Northolt, Greater London UB5 4EA3
£515K12/200.31 mi18, Tenby Gardens, Northolt, Greater London UB5 4DH3
£475K01/240.31 mi2, The Heights, Northolt, Greater London UB5 4BW3
£490K06/210.31 mi12, Lewes Close, Northolt, Greater London UB5 4DG3
£560K05/210.32 mi113, Walton Avenue, Harrow, Greater London HA2 8RA3
£489K06/210.33 mi55, Earlsmead, Harrow, Greater London HA2 8SS3
£306K06/210.33 mi15, Earlsmead, Harrow, Greater London HA2 8SS3
£306K06/210.33 mi15, Earlsmead, Harrow, Greater London HA2 8SS3
£502K11/230.33 mi28, Danemead Grove, Northolt, Greater London UB5 4NY3
£475K09/210.35 mi21, Newbury Way, Northolt, Greater London UB5 4JD3
£447.5K10/200.37 mi35, Balmoral Road, Harrow, Greater London HA2 8TF3
£485K04/210.38 mi227, Petts Hill, Northolt, Greater London UB5 4NR3
£619K05/230.39 mi11, Ludlow Close, Harrow, Greater London HA2 8SR3
£467K07/210.39 mi31, Newbury Close, Northolt, Greater London UB5 4JF3
£245.5K09/220.39 mi105, Mandeville Road, Northolt, Greater London UB5 4LX3
£490K06/210.4 mi43, Alexandra Avenue, Harrow, Greater London HA2 8PQ3
£465K08/210.41 mi28, Sandown Way, Northolt, Greater London UB5 4HZ3
£600K09/220.42 mi67, Briar Crescent, Northolt, Greater London UB5 4ND3
£567K12/220.42 mi43, Briar Crescent, Northolt, Greater London UB5 4ND3
£575K03/230.43 mi17, Warwick Avenue, Harrow, Greater London HA2 8RE3
£534K11/220.43 mi41, Warwick Avenue, Harrow, Greater London HA2 8RE3
£220K03/210.43 mi55, Kenilworth Avenue, Harrow, Greater London HA2 8RZ3
£490K03/230.43 mi67, Kenilworth Avenue, Harrow, Greater London HA2 8RZ3
£465K12/200.43 mi44, Warwick Avenue, Harrow, Greater London HA2 8RD3
£516K06/210.43 mi19, Walton Avenue, Harrow, Greater London HA2 8QU3
£480K01/210.43 mi49, Walton Avenue, Harrow, Greater London HA2 8QU3
£485K04/210.43 mi89, Holyrood Avenue, Harrow, Greater London HA2 8UD3

Local Rents

28 rents from £2K/mo to £2.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,05003/250.15 mi-3
£2,35003/250.2 mi-3
£2,30012/240.23 mi-3
£2,30001/250.23 mi-3
£2,20004/240.24 miArundel Drive, Harrow3
£2,30003/250.26 mi-3
£2,30003/250.26 mi-3
£2,50012/240.27 mi-3
£2,30012/240.32 mi-3
£2,50003/250.32 mi-3
£2,30003/250.33 mi-3
£2,25002/240.34 miArundel Drive, Harrow, HA23
£2,45003/250.35 mi-3
£2,10001/250.35 mi-3
£2,80012/240.36 mi-3
£2,80002/250.38 mi-3
£2,20012/240.43 mi-3
£2,29504/240.45 miField End Road Ruislip HA43
£2,20010/240.47 miCarr Road, Northolt3
£2,20010/240.49 mi-3
£2,10011/240.49 mi-3
£2,65012/240.51 mi-3
£2,65003/250.51 mi-3
£2,75012/240.52 mi-3
£2,30003/250.52 mi-3
£2,40003/250.53 mi-3
£2,00002/250.58 mi-3
£2,30002/240.61 miKings Road, Harrow3

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.84 miles away

Nearest school

0.30 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £500,000

April 24, 2024

Floor Plans

Description

  • Viewing Highly Recommended +
  • Potential To Refurbish +
  • Potential To Extend +
  • Large Private Garden +
  • Family Bathroom +
  • Three Bedrooms +
  • Lounge +

Yopa are delighted to market this Three bedroom end of terrace house, situated within the ever-popular Racecourse Estate, perfectly positioned for Northolt (central line) Station, Northolt Leisure Centre, A40 Western Avenue, local bus routes, local schools & local shops. This family home although in need of some general updating, does benefit from a welcoming hallway, leading onto a large living room, there is a kitchen breakfast room leading to a laid to lawn rear garden. To the first floor there are three bedrooms and family bathroom. There is also potential for a side and rear extension along with potential of a loft conversion. Viewing is highly recommended. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Anglia & London

01270 447764

Next Steps?

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