3 Bed Terraced House, Refurb/BRRR, Southall, UB1 2DL, £499,950

9 Kingsbridge Crescent, Southall, Greater London, UB1 2DL - 1 views - 10 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~75 m²
+9 photos

ValuationOvervalued

Sold Prices£228.4K - £644K
Sold Prices/m²£4.5K/m² - £9.9K/m²

 

 

Square Metres

~75.33 m²
Price/m²£6.6K/m²

Value Estimate

£424,327

 

 

End Value (After Refurb)

£463,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£124,988

Stamp Duty & Legal Fees

£28,696

Refurb Costs

£39,761

Bridging Loan Interest

£13,124

Total Cash In

£208,318

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£463,500

Mortgage (After Refinance)

£347,625

Mortgage LTV

75%

Cash Left In

£208,318

Equity

£115,875

Rent Range

£1,750 - £3,200

Rent Estimate

£2,497

Running Costs/mo

£1,968

Cashflow/mo

£529

Cashflow/yr

£6,350

ROI

3%

Gross Yield

6%

Local Sold Prices

51 sold prices from £228.4K to £644K, average is £490K. £4.5K/m² to £9.9K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£358K02/210.05 mi4, Craven Avenue, Southall, Greater London UB1 2DJ3
£627.5K03/230.06 mi286, Lady Margaret Road, Southall, Greater London UB1 2RX3
£495K04/210.15 mi30, Somerset Road, Southall, Greater London UB1 2TR3
£490K06/210.15 mi16, Derwent Road, Southall, Greater London UB1 2UJ3
£475K11/220.16 mi21, Ascot Gardens, Southall, Greater London UB1 2RZ3
£530K03/240.17 mi85, Cornwall Avenue, Southall, Greater London UB1 2TQ3
£320K05/210.17 mi115, Evelyn Grove, Southall, Greater London UB1 2BS3
£490K09/210.17 mi70, Evelyn Grove, Southall, Greater London UB1 2BS3
£510K07/230.17 mi94, Evelyn Grove, Southall, Greater London UB1 2BS3
£520K11/230.18 mi1, Denbigh Road, Southall, Greater London UB1 2RP3
£582K10/220.19 mi339, Lady Margaret Road, Southall, Greater London UB1 2PZ3
£500K04/240.2 mi35, Cranleigh Gardens, Southall, Greater London UB1 2BU3
£465K06/210.21 mi63, Dormers Avenue, Southall, Greater London UB1 2SS3
£500K11/230.21 mi48, Allendale Avenue, Southall, Greater London UB1 2SN3
£452K04/240.22 mi60, Allendale Avenue, Southall, Greater London UB1 2SW3
£463K05/210.22 mi66, Allendale Avenue, Southall, Greater London UB1 2SW3
£228.4K05/210.25 mi73, Evelyn Grove, Southall, Greater London UB1 2BP3
£490K03/230.25 mi34, Evelyn Grove, Southall, Greater London UB1 2BP3
£515K04/230.26 mi42, Dormers Avenue, Southall, Greater London UB1 2SR3
£453K04/210.26 mi45, Rutland Road, Southall, Greater London UB1 2UP3
£580K08/230.27 mi130, Ascot Gardens, Southall, Greater London UB1 2SB3
£430K10/230.28 mi17, Manaton Crescent, Southall, Greater London UB1 2SY3
£430K10/230.28 mi17, Manaton Crescent, Southall, Greater London UB1 2SY3
£460K04/220.29 mi23, Manaton Crescent, Southall, Greater London UB1 2SY3
£540K01/230.3 mi23, Evelyn Grove, Southall, Greater London UB1 2BW3
£495K09/230.3 mi41, Evelyn Grove, Southall, Greater London UB1 2BW3
£445K04/210.32 mi92, Somerset Road, Southall, Greater London UB1 2TU3
£540K07/230.33 mi28, St Ursula Road, Southall, Greater London UB1 2TH3
£527.5K11/210.33 mi7, Dormers Avenue, Southall, Greater London UB1 2SP3
£430K03/230.34 mi125, Ascot Gardens, Southall, Greater London UB1 2SE3
£445K09/230.34 mi145, Ascot Gardens, Southall, Greater London UB1 2SE3
£480K05/210.37 mi126, Glencoe Road, Hayes, Greater London UB4 9SN3
£618K10/220.37 mi143, Glencoe Road, Hayes, Greater London UB4 9SN3
£350K06/210.38 mi105, Rutland Road, Southall, Greater London UB1 2XS3
£470K06/210.4 mi112, Allenby Road, Southall, Greater London UB1 2HJ3
£450K06/210.41 mi165, North Road, Southall, Greater London UB1 2JY3
£535K01/230.41 mi6, Laburnum Grove, Southall, Greater London UB1 2PB3
£363K04/210.43 mi81, Westbury Avenue, Southall, Greater London UB1 2UZ3
£400K04/210.44 mi11, Cedar Grove, Southall, Greater London UB1 2XD3
£570K08/220.44 mi4, Burns Avenue, Southall, Greater London UB1 2LP3
£600K02/230.44 mi19, Burns Avenue, Southall, Greater London UB1 2LP3
£507.5K03/230.44 mi125, Westbury Avenue, Southall, Greater London UB1 2XA3
£450K03/210.45 mi21, Patching Way, Hayes, Greater London UB4 9YD3
£535K04/230.46 mi7, Bycroft Road, Southall, Greater London UB1 2XG3
£644K12/230.46 mi26, Bycroft Road, Southall, Greater London UB1 2XG3
£480K02/230.46 mi3, Rosecroft Road, Southall, Greater London UB1 2XH3
£535K01/210.47 mi28, Rosecroft Road, Southall, Greater London UB1 2XH3
£425K10/200.48 mi17, Brazier Crescent, Northolt, Greater London UB5 6FB3
£428.5K01/240.48 mi45, Brazier Crescent, Northolt, Greater London UB5 6FB3
£495K07/230.49 mi68, Masefield Avenue, Southall, Greater London UB1 2NE3
£535K05/240.49 mi52, Masefield Avenue, Southall, Greater London UB1 2NE3

Local Rents

18 rents from £1.8K/mo to £3.2K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,40001/250.1 mi-3
£2,45010/240.17 miCornwall Avenue, Southall3
£2,60002/250.18 mi-3
£3,00003/250.18 mi-3
£2,60010/240.3 miAscot Gardens, Southall, UB13
£2,40010/240.3 miWaxlow Crescent, Southall3
£3,20010/240.36 miDevonshire Road, Southall, UB13
£2,35003/250.42 mi-3
£2,45003/250.42 mi-3
£2,60012/240.47 mi-3
£2,20012/240.48 mi-3
£2,20001/250.48 mi-3
£2,65003/250.48 mi-3
£2,20011/240.49 mi-3
£2,20010/240.49 mi-3
£1,75010/240.57 miLapponum Walk,Hayes,UB43
£2,35001/250.61 mi-3
£2,15003/250.62 mi-3

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.72 miles away

Nearest school

0.10 miles away

Nearest train station

1.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £499,950

May 24, 2024

Sold for £222,000

2007

Sold for £155,000

2007

Floor Plans

Description

This three bedroom end of terrace property boasts two reception rooms, a separate kitchen and an upstairs bathroom.

Although this house is in need of some updating, it presents a fantastic opportunity for first-time buyers to create their dream home. The property's prime location near Lady Margaret Road ensures convenience and easy access to local amenities.

Don't miss out on the chance to transform this house into a warm and welcoming haven. Contact us today to arrange a viewing and envision the endless possibilities that this end terrace property has to offer.

Agent Details

Shaw & Co, Heston

020 3828 7172

Next Steps?

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