4 Bed Terraced House, Single Let, Northolt, UB5 4QF, £550,000

422 E Merton Avenue, Northolt, UB5 4QF - 9 months ago

BTL
~129 m²
+10 photos

ValuationUndervalued

Sold Prices£250K - £1.2M
Sold Prices/m²£2.3K/m² - £8.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.3K/m²

Value Estimate

£679,164
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£34,700

Total Cash In

£172,200

 

 

Cash Out

 

Rent Range

£1,825 - £6,300

Rent Estimate

£2,025

Running Costs/mo

£2,144

Cashflow/mo

£-119

Cashflow/yr

£-1,425

Gross Yield

4%

Local Sold Prices

50 sold prices from £250K to £1.2M, average is £580K. £2.3K/m² to £8.1K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£530K04/210.08 mi9, Keble Close, Northolt, Greater London UB5 4QE4
£505K12/200.16 mi29, Clauson Avenue, Northolt, Greater London UB5 4PR4
£515K03/240.16 mi7, Clauson Avenue, Northolt, Greater London UB5 4PR4
£520K05/230.22 mi18, Hapgood Close, Greenford, Greater London UB6 0SY4
£510K03/210.24 mi10, Carr Road, Northolt, Greater London UB5 4RA4
£545K01/230.28 mi17, Larwood Close, Greenford, Greater London UB6 0TA4
£635K08/230.33 mi18, Dorchester Road, Northolt, Greater London UB5 4PA4
£615K07/230.34 mi116, Wadham Gardens, Greenford, Greater London UB6 0BS4
£820K10/210.35 mi138, Petts Hill, Northolt, Greater London UB5 4NW4
£820K10/210.35 mi138, Petts Hill, Northolt, Greater London UB5 4NW4
£515K04/210.4 mi202, Castle Road, Northolt, Greater London UB5 4SG4
£430K06/210.41 mi34, Ribblesdale Avenue, Northolt, Greater London UB5 4NG4
£580K09/210.42 mi37, Westwood Avenue, Harrow, Greater London HA2 8NR4
£670K08/230.42 mi53, Danemead Grove, Northolt, Greater London UB5 4NY4
£530K02/230.43 mi63, Gonville Crescent, Northolt, Greater London UB5 4SJ4
£595K04/210.44 mi29, Rugby Avenue, Greenford, Greater London UB6 0EZ4
£520K09/230.45 mi43, Gonville Crescent, Northolt, Greater London UB5 4SH4
£493K05/210.55 mi69, The Heights, Northolt, Greater London UB5 4BP4
£610K08/230.55 mi66, The Heights, Northolt, Greater London UB5 4BP4
£620K03/230.56 mi24, Somervell Road, Harrow, Greater London HA2 8TU4
£380K11/230.57 mi32, Scarsdale Road, Harrow, Greater London HA2 8LW4
£525K03/230.57 mi28, Scarsdale Road, Harrow, Greater London HA2 8LW4
£530K06/230.61 mi47, Wargrave Road, South Harrow, Harrow, Greater London HA2 8LL4
£620K10/230.62 mi47, Torrington Drive, Harrow, Greater London HA2 8ND4
£647K04/210.62 mi15, Ascot Close, Northolt, Greater London UB5 4EH4
£1.2M08/210.65 mi82, South Hill Avenue, Harrow, Greater London HA1 3PU4
£590K04/210.68 mi54, Burwell Avenue, Greenford, Greater London UB6 0NU4
£567K11/220.68 mi22, Eastcote Road, Harrow, Greater London HA2 8LG4
£640K11/200.72 mi34, Wood End Road, Harrow, Greater London HA1 3PP4
£625K08/230.74 mi10, Gainsboro Gardens, Greenford, Greater London UB6 0JG4
£575K11/230.76 mi64, Berkeley Avenue, Greenford, Greater London UB6 0NY4
£610K02/210.77 mi28, Brooke Avenue, Harrow, Greater London HA2 0NF4
£550K01/210.77 mi37, Beechwood Avenue, Harrow, Greater London HA2 8BY4
£615K04/210.79 mi131, Alexandra Avenue, Harrow, Greater London HA2 8PX4
£615K10/230.8 mi41, Carlyon Avenue, Harrow, Greater London HA2 8ST4
£506K03/230.81 mi15, Birkbeck Way, Greenford, Greater London UB6 8NY4
£580K05/230.82 mi93, Tregenna Avenue, Harrow, Greater London HA2 8QP4
£610K09/230.85 mi197, Somervell Road, Harrow, Greater London HA2 8UA4
£605K10/230.85 mi33, Court Farm Road, Northolt, Greater London UB5 5HQ4
£250K06/210.85 mi2, Windsor Crescent, Harrow, Greater London HA2 8QW4
£675K01/230.85 mi68, Windsor Crescent, Harrow, Greater London HA2 8QW4
£635K07/230.86 mi51, Elton Avenue, Greenford, Greater London UB6 0PP4
£450K04/210.87 mi6, Birkbeck Avenue, Greenford, Greater London UB6 8LS4
£550K02/210.88 mi11, Corfe Avenue, Harrow, Greater London HA2 8TA4
£610K05/230.88 mi8, Hurst Close, Northolt, Greater London UB5 4BJ4
£505K02/210.9 mi80, Elton Avenue, Greenford, Greater London UB6 0PR4
£517.5K10/200.9 mi32, Earlsmead, Harrow, Greater London HA2 8SP4
£583K03/230.9 mi210, Somervell Road, Harrow, Greater London HA2 8TS4
£624.4K06/210.91 mi74, Jeymer Drive, Greenford, Greater London UB6 8NT4
£561.7K01/240.93 mi44, Stanley Road, Harrow, Greater London HA2 8AZ4

Local Rents

47 rents from £1.8K/mo to £6.3K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,55012/240.08 mi-4
£2,40001/250.08 mi-4
£2,80003/250.09 mi-4
£2,30011/240.09 mi-3
£2,40002/250.1 mi-3
£3,00002/250.1 mi-4
£3,10003/250.17 mi-5
£4,00002/250.17 mi-6
£2,79003/250.19 mi-3
£2,65003/250.19 mi-3
£2,00002/240.19 mi-3
£1,82510/240.19 mi-3
£2,00002/250.22 mi-3
£2,00003/250.22 mi-3
£2,00004/250.22 mi-3
£2,65003/250.29 mi-3
£2,50010/240.29 mi-3
£2,00010/240.29 miThe Fairway, Northolt3
£3,50010/240.31 mi-3
£6,30002/250.31 mi-6
£2,40010/240.33 miRothesay Avenue, Greenford3
£2,00001/250.36 mi-3
£2,40003/250.44 mi-3
£2,50003/250.44 mi-4
£2,65003/250.47 mi-3
£2,60002/240.49 miRoxeth Grove, South Harrow, Harrow, HA23
£2,40004/250.5 mi-3
£2,50012/240.52 mi-3
£2,80012/240.53 mi-3
£2,20010/240.53 miWhitton Avenue West, Greenford3
£3,00003/250.54 mi-4
£2,80004/240.57 miScarsdale Road, Harrow HA2 8LW4
£2,70004/240.57 mi-4
£2,80004/240.57 mi32 Scarsdale Road, Harrow4
£5,50003/250.58 mi-5
£2,96310/240.58 miGlassworks Court, Greenford, Middlesex, UB63
£2,98110/240.58 miLyons Dock, Greenford, Middlesex, UB63
£3,02410/240.58 miLyons Dock, Greenford, Middlesex, UB63
£3,14310/240.58 miGlassworks Court, Greenford, Middlesex, UB63
£3,22010/240.58 miGlassworks Court, Greenford, Middlesex, UB63
£3,11001/250.58 mi-3
£3,00012/240.59 mi-5
£2,20010/240.6 miCarr Road, Northolt3
£2,05003/250.6 mi-3
£3,05004/240.6 mi-4
£1,95004/250.61 mi-4
£2,85012/240.62 mi-5

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

1.31 miles away

Nearest school

0.10 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

Price changed to £550,000

December 4, 2024

Listed for £575,000

June 21, 2024

Floor Plans

Description

  • NO UPPER CHAIN +
  • FOUR DOUBLE BEDROOMS +
  • FULL WIDTH GROUND FLOOR EXTENSION +
  • TWO BATHROOMS +
  • DOWNSTAIRS WC +
  • OPEN PLAN KITCHEN DINER +
  • PRIVATE REAR GARDEN +
  • OFF STREET PARKING +
  • WELL PRESENTED INTERNALLY +
  • 0.4 MILES TO NORTHOLT PARK STATION +

Marketed with no upper chain this four-bedroom house boasts a ground floor extension as well as a loft conversion and is set up as a four-bedroom, two bathroom residence. With off-street parking to the front, the house has an open plan kitchen diner and all four bedrooms are double rooms. Beautifully presented internally viewing comes highly recommended.

Spacious internally and contemporary in finish this mid-terrace house was initially an end of terrace in its initial build. Approaching the house you have off street parking to the front. Internally as you enter the hallway there is a downstairs double bedroom immediately on the left. At the top of the hallway there is a downstairs wc and the entrance to the lounge which opens up to the kitchen diner which is delightfully appointed. To the rear of the house there is a paved garden. Stairs to the first floor take you to the family bathroom, two more double bedrooms and stairs to the loft conversion. The loft room is a light filled double bedroom complimented by a modern shower room.

Merton Avenue is located 0.7 miles from Sudbury Hill Piccadilly Line Station and within half a mile of Northolt Park Overground Station. Greenwood Primary and Wood End School are also within close proximity.

Agent Details

Daniels, North Wembley

020 3869 0875

Next Steps?

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