2 Bed Flat, Single Let, Northolt, UB5 4NA, £280,000

Badminton Close, Northolt, UB5 4NA - 9 months ago

Under Offer
Leasehold
BTL
ROI: 5%
~60 m²
+3 photos

ValuationUndervalued

Sold Prices£152.4K - £360K
Sold Prices/m²£2.2K/m² - £8.2K/m²

 

 

Square Metres

~59.70 m²
Price/m²£4.7K/m²

Value Estimate

£302,084
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£86,700

 

 

Cash Out

 

Rent Range

£1,350 - £2,150

Rent Estimate

£1,600

Running Costs/mo

£1,215

Cashflow/mo

£385

Cashflow/yr

£4,620

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £152.4K to £360K, average is £309K. £2.2K/m² to £8.2K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£250K10/230.11 miFlat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW2
£360K07/230.13 mi7, Brighton Drive, Northolt, Greater London UB5 4DQ2
£308K12/200.16 miFlat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£310K10/230.16 miFlat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ2
£357.8K04/230.17 mi247, Carr Road, Northolt, Greater London UB5 4RL2
£228K12/200.17 mi11a, Station Parade, Northolt, Greater London UB5 5HR2
£321K03/210.18 miFlat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£300K05/230.18 miFlat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH2
£315K11/230.19 mi219, Ealing Road, Northolt, Greater London UB5 5HS2
£329K11/210.2 mi6, Thirsk Close, Northolt, Greater London UB5 4DS2
£355K05/230.23 mi5, Cheltenham Close, Northolt, Greater London UB5 4DU2
£270K09/230.26 mi197, Carr Road, Northolt, Greater London UB5 4RJ2
£305K04/210.28 mi3, Petworth Close, Northolt, Greater London UB5 4HX2
£339K03/230.3 mi7a, Wetherby Close, Northolt, Greater London UB5 4ED2
£307K06/210.31 mi1a, Wetherby Close, Northolt, Greater London UB5 4ED2
£350K07/210.31 mi3, Wetherby Close, Northolt, Greater London UB5 4ED2
£290K06/230.36 mi25, Cherry Gardens, Northolt, Greater London UB5 4RG2
£255K09/210.37 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£360K05/230.37 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£320K02/230.37 mi109, Eastcote Lane, Northolt, Greater London UB5 5RH2
£293K10/200.38 mi23, Millway Gardens, Northolt, Greater London UB5 5DU2
£335K03/210.39 mi3, Newmarket Avenue, Northolt, Greater London UB5 4HB2
£307.5K11/200.44 mi19, Wood End Lane, Northolt, Greater London UB5 4JN2
£335K06/230.49 mi85, Petts Hill, Northolt, Greater London UB5 4NS2
£260K04/210.5 mi73, Wincanton Crescent, Northolt, Greater London UB5 4HQ2
£152.4K10/230.55 mi15a, Newbury Way, Northolt, Greater London UB5 4JD2
£265K03/210.59 mi11, Owen Close, Northolt, Greater London UB5 5TX2
£260K09/230.6 mi15, Fortunes Mead, Northolt, Greater London UB5 5SF2
£260K06/210.62 mi16, Priors Field, Northolt, Greater London UB5 5SG2
£325K11/210.63 mi7, Dorchester Close, Northolt, Greater London UB5 4PE2
£340K05/230.63 mi8, Dorchester Close, Northolt, Greater London UB5 4PE2
£355K09/230.64 mi116, Islip Manor Road, Northolt, Greater London UB5 5ED2
£335K10/200.66 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£320K02/210.66 mi39, Dorchester Road, Northolt, Greater London UB5 4PB2
£345K04/210.66 mi105a, Birkbeck Avenue, Greenford, Greater London UB6 8LY2
£305K01/210.66 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£325K02/230.69 mi12, Alexandra Avenue, Harrow, Greater London HA2 8PG2
£337.5K12/220.69 mi33a, Stanley Avenue, Greenford, Greater London UB6 8NW2
£340K11/220.69 mi15, Stanley Avenue, Greenford, Greater London UB6 8NW2
£260K06/230.69 mi7a, Stanley Avenue, Greenford, Greater London UB6 8NW2
£308K07/210.71 mi9, Carlton Close, Northolt, Greater London UB5 4LQ2
£275K11/220.73 mi20, Allington Close, Greenford, Greater London UB6 8PH2
£285K11/200.75 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£305K01/230.76 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£350K12/220.79 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£295K06/210.81 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£288K08/230.82 mi38, Union Road, Northolt, Greater London UB5 6UE2
£200K02/210.82 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£325K04/230.83 mi26a, Kenilworth Avenue, Harrow, Greater London HA2 8SA2
£330K12/200.84 mi10, Melrose Avenue, Greenford, Greater London UB6 9TA2

Local Rents

24 rents from £1.4K/mo to £2.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55010/240.18 miThe Farmlands, Northolt2
£2,10011/240.32 mi-2
£1,70011/240.33 mi-2
£1,85010/240.34 mi-2
£1,35010/240.35 miNewmarket Avenue, Northolt, UB5 4EP2
£1,65010/240.36 miRedcar Close, Northolt, Middlesex, UB52
£2,00012/240.38 mi-2
£2,00012/240.38 mi-2
£1,85002/250.38 mi-2
£1,60010/240.39 miMillway Gardens, Northolt2
£1,75010/240.39 miBlenheim Road, Northolt, UB52
£1,90001/250.46 mi-2
£1,70003/250.5 mi-2
£1,60010/240.51 miPetts Hill, Northolt, UB52
£1,87310/240.52 mi-2
£1,85003/250.52 mi-2
£1,90003/250.52 mi-2
£1,70010/240.52 mi-2
£1,80510/240.52 mi-2
£1,85001/250.52 mi-2
£1,45003/250.53 mi-2
£2,15011/240.54 mi-2
£1,80010/240.58 mi-2
£1,75010/240.6 miDukes Avenue, Northolt, UB52

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.62 miles away

Nearest school

0.40 miles away

Nearest train station

0.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £280,000

January 8, 2025

Listed for £300,000

June 24, 2024

Floor Plans

Description

  • Garage +
  • Stones throw from Northolt Station +
  • Two double bedrooms +
  • Balcony +
  • Second floor +
  • Gas central heating +

Brian Cox are delighted to bring to the market this spacious two double bedroom flat. Located only a one minute walk to Northolt Station this is perfect for investors and commuters. The property benefits from a garage, double glazing, gas central heating and a balcony. Viewings are highly recommended.

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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