2 Bed Flat, Single Let, Northolt, UB5 6GF, £275,000

31 Middlewich House, Northolt, Middlesex, UB5 6GF - 3 views - 9 months ago

Leasehold
BTL
ROI: 5%
~63 m²
+9 photos

ValuationUndervalued

Sold Prices£191.3K - £463K
Sold Prices/m²£3.2K/m² - £7.4K/m²

 

 

Square Metres

~62.90 m²
Price/m²£4.4K/m²

Value Estimate

£331,854
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,300

Rent Estimate

£1,531

Running Costs/mo

£1,186

Cashflow/mo

£345

Cashflow/yr

£4,145

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £191.3K to £463K, average is £311K. £3.2K/m² to £7.4K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£285K02/210 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£235K11/220.04 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.04 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£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
£415K11/220.22 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£191.3K09/200.3 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£463K08/220.3 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2
£300K12/220.41 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£310K03/230.41 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£338K02/210.42 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£345K02/230.48 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£277.5K04/210.48 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£279K06/230.5 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£350K11/230.51 mi71, Braund Avenue, Greenford, Greater London UB6 9JJ2
£343K01/240.51 mi22, Greenway Gardens, Greenford, Greater London UB6 9TT2
£295K05/230.51 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£272.5K03/230.52 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£345K10/220.52 mi10, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312.5K11/220.52 mi28a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312K09/230.54 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£360K04/230.55 mi8, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£285K04/230.55 mi30, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£288K08/230.58 mi38, Union Road, Northolt, Greater London UB5 6UE2
£325K04/210.59 mi34, Eastmead Avenue, Greenford, Greater London UB6 9RB2
£300K09/230.63 mi22, Stickleton Close, Greenford, Greater London UB6 9RQ2
£335K11/200.63 mi18, Stickleton Close, Greenford, Greater London UB6 9RQ2
£305K01/230.64 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£335K10/200.67 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£285K11/200.68 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£325K02/230.69 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£267K01/230.7 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£357K03/230.71 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£343K12/220.73 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£275K02/210.74 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£200K02/210.75 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£265K07/230.76 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£305K01/210.77 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£355K12/220.78 mi32, Ferrymead Avenue, Greenford, Greater London UB6 9TJ2
£295K06/210.78 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£350K12/220.84 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£351.5K05/230.85 mi16, Melrose Avenue, Greenford, Greater London UB6 9TA2
£330K12/200.85 mi10, Melrose Avenue, Greenford, Greater London UB6 9TA2
£350K03/210.85 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£370K12/200.9 mi132, Millet Road, Greenford, Greater London UB6 9SJ2
£352K01/210.9 mi109, Millet Road, Greenford, Greater London UB6 9SJ2
£370K12/200.9 mi132, Millet Road, Greenford, Greater London UB6 9SJ2
£286K08/230.91 mi58, Barbican Road, Greenford, Greater London UB6 9DH2

Local Rents

17 rents from £1.5K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,85003/250.04 mi-2
£1,75002/250.05 mi-2
£1,85012/240.05 mi-2
£1,89001/250.05 mi-2
£1,75002/250.05 mi-2
£1,55010/240.08 miWaxlow Way, Northolt2
£1,75002/250.11 mi-2
£1,50010/240.12 miTaywood Road, Northolt2
£1,79502/250.14 mi-2
£1,65010/240.23 miNortholt, UB52
£1,65010/240.38 mi-2
£1,85002/240.4 mi-2
£1,65010/240.42 miRuislip Road, Greenford2
£2,30010/240.44 mi-2
£1,50003/250.56 mi-2
£1,50001/250.57 mi-2
£2,20012/240.57 mi-2

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.90 miles away

Nearest school

0.30 miles away

Nearest train station

1.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £275,000

October 11, 2024

Listed for £299,950

June 18, 2024

Floor Plans

Description

  • Luxury 2 Double Bedroom Flat +
  • 3rdFloor (top) Lift service +
  • Double Aspect Open Plan Lounge +
  • Fitted Kitchen +
  • Modern Bathroom +
  • Modern Canal Side Development +
  • Master Bedroom with En-Suite +
  • 150 + Year Lease +
  • Underground Private Car Park +

Long Lease in excess of 150 years for this fabulous 2 double bedroom / 2 bathroom, 3rd floor flat (top) with an underground & secure private car park + allocated bay.
This wonderful 'Grand Union Village' canal side development is located near to a choice of popular schools, convenient shopping parades plus a large 'Lidl' and Tesco Superstore.
Main bus route links are on hand for Northolt station, Greenford, Ruislip, Harrow, Southall, Heathrow, Uxbridge & Hayes/Harlington station (Elizabeth underground line ).
This modern & spacious property offers contemporary living space with gas central heating & double glazed windows, fitted carpets and excellent decor.
The property is accessed via a well maintained & carpeted communal entrance with a lift service & stairs to all floors. A private front door opens into an inner hall with doors to all rooms with the accommodation consisting of a large open plan & double aspect lounge/kitchen + 2 'Juliet' style balconies, modern bathroom and 2 double bedrooms (master bedroom with en-suite shower room).
Viewing highly recommended!

Communal Entrance - Security entrance phone system, carpeted hall with stairs & lift service to all 3 floors + underground private car park.

Inner Hall - Private front door to inner hallway, storage cupboard housing central heating boiler and hot water cylinder, double radiator & fitted carpets through to bedrooms and lounge.

Open Plan Lounge/Kitchen - 6.70 x 3.70 (21'11" x 12'1") - Lounge Area- 2 double radiators, double aspect with 2 'Juliet' style balconies, both with double glazed double doors.
Kitchen Area- Fitted wall & base units, stainless steel sink with mixer tap, integrated electric oven + gas hob & extractor hood, fridge/freezer & washing machine, downlights, double glazed window to side.

Reverse View -

Bedroom 1 - 4.60 x 2.75 (15'1" x 9'0") - Fitted wardrobes to 1 wall + dressing unit, double radiator, double glazed windows to rear.

Reverse View -

En-Suite - Walk-in tiled shower, hand wash basin, low level wc, heated towel rail, extractor fan.

Bedroom 2 - 3.50 x 2.65 (11'5" x 8'8") - Double glazed windows to rear, double radiator.

Bathroom - Modern suite comprising panelled bath + tiled surround, hand wash basin, low level wc, extractor fan, heated towel rail.

Outside - Communal gardens with picturesque canal footpaths and marina.

Private Underground Car Park - Gated with 1 allocated space.

Marina -

Canal Footpaths -

Canal Side -

Walk Ways -

Floor Plan -

Agent Details

Charrison Davis, Hayes

020 3907 3451

Next Steps?

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