2 Bed Flat, Single Let, Southall, UB1 2YP, £300,000

12 Coraline Close, Southall, Greater London, UB1 2YP - 4 views - 9 months ago

Under Offer
Leasehold
BTL
ROI: 3%
52 m²
+5 photos

ValuationOvervalued

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

 

 

Square Metres

52 m²
Price/m²£5.8K/m²

Value Estimate

£274,347

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,500 - £2,300

Rent Estimate

£1,450

Running Costs/mo

£1,247

Cashflow/mo

£203

Cashflow/yr

£2,436

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £191.3K to £463K, average is £312.3K. £3.2K/m² to £7.4K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£235K11/220.08 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.08 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£285K02/210.12 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.12 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£295K08/210.19 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.19 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.19 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£463K08/220.29 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2
£415K11/220.3 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£300K12/220.31 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£338K02/210.32 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£191.3K09/200.35 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£345K02/230.36 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£277.5K04/210.37 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£272.5K03/230.41 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£343K01/240.42 mi22, Greenway Gardens, Greenford, Greater London UB6 9TT2
£295K05/230.42 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£345K10/220.42 mi10, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312.5K11/220.42 mi28a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312K09/230.43 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£360K04/230.46 mi8, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£285K04/230.46 mi30, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£288K08/230.47 mi38, Union Road, Northolt, Greater London UB5 6UE2
£350K11/230.47 mi71, Braund Avenue, Greenford, Greater London UB6 9JJ2
£325K04/210.5 mi34, Eastmead Avenue, Greenford, Greater London UB6 9RB2
£310K03/230.52 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£305K01/230.53 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£300K09/230.55 mi22, Stickleton Close, Greenford, Greater London UB6 9RQ2
£335K11/200.55 mi18, Stickleton Close, Greenford, Greater London UB6 9RQ2
£285K11/200.57 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£335K10/200.57 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£279K06/230.61 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£267K01/230.66 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£295K06/210.67 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£355K12/220.67 mi32, Ferrymead Avenue, Greenford, Greater London UB6 9TJ2
£325K02/230.7 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£200K02/210.71 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£305K01/210.71 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£343K12/220.72 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£351.5K05/230.74 mi16, Melrose Avenue, Greenford, Greater London UB6 9TA2
£330K12/200.74 mi10, Melrose Avenue, Greenford, Greater London UB6 9TA2
£357K03/230.78 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£370K12/200.79 mi132, Millet Road, Greenford, Greater London UB6 9SJ2
£352K01/210.79 mi109, Millet Road, Greenford, Greater London UB6 9SJ2
£370K12/200.79 mi132, Millet Road, Greenford, Greater London UB6 9SJ2
£350K12/220.8 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£275K02/210.81 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£350K03/210.82 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£265K07/230.87 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£325K02/210.88 mi67a, Goring Way, Greenford, Greater London UB6 9NW2

Local Rents

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

RentDateDistanceAddressBeds 
£1,50010/240.06 miTaywood Road, Northolt2
£1,79502/250.08 mi-2
£1,85003/250.15 mi-2
£1,75002/250.16 mi-2
£1,85012/240.16 mi-2
£1,89001/250.16 mi-2
£1,75002/250.16 mi-2
£1,55010/240.2 miWaxlow Way, Northolt2
£1,65010/240.2 miNortholt, UB52
£1,75002/250.22 mi-2
£1,65010/240.32 miRuislip Road, Greenford2
£2,30010/240.35 mi-2
£1,65010/240.47 mi-2
£1,50001/250.47 mi-2
£1,85002/240.5 mi-2
£2,15002/250.53 mi-2
£2,15002/250.53 mi-2
£1,73012/240.57 mi-2
£1,70010/240.57 miKensington Road2

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

1.39 miles away

Nearest school

0.20 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £300,000

June 19, 2024

Sold for £87,500

2000

Floor Plans

Description

  • Stunning condition +
  • Full refurbished +
  • Chain free +
  • Allocated parking +
  • Share of freehold - 999 years lease +
  • Second floor +

SHARE OF FREEHOLD - CHAIN FREE - Brian Cox are very pleased bring to the market this stunning two bedroom apartment. Located on the borders of Northolt, Greenford and Southall the apartment is well presented and comprises a double master bedroom with fitted wardrobes, a good size single bedroom, large lounge with an abundance of natural light and a modern fitted kitchen and bathroom. Other benefits include ample storage, allocated parking and communal gardens. This apartment is within close proximity to local amenities such as shops, schools, transport links. Please call to arrange a viewing.

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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