2 Bed Flat, Single Let, Northolt, UB5 5AB, £290,000

Church Road, Northolt, UB5 5AB - 6 views - 8 months ago

Leasehold
BTL
ROI: 6%
~57 m²
+3 photos

ValuationOvervalued

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

 

 

Square Metres

~56.67 m²
Price/m²£5.1K/m²

Value Estimate

£280,202

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£1,450 - £2,150

Rent Estimate

£1,675

Running Costs/mo

£1,261

Cashflow/mo

£414

Cashflow/yr

£4,965

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £152.4K to £360K, average is £307.8K. £2.2K/m² to £8.2K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£305K04/210.13 mi3, Petworth Close, Northolt, Greater London UB5 4HX2
£315K11/230.2 mi219, Ealing Road, Northolt, Greater London UB5 5HS2
£300K05/230.21 miFlat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH2
£228K12/200.22 mi11a, Station Parade, Northolt, Greater London UB5 5HR2
£310K10/230.23 miFlat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ2
£321K03/210.26 miFlat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£308K12/200.26 miFlat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£250K10/230.28 miFlat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW2
£305K01/210.29 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£320K02/230.3 mi109, Eastcote Lane, Northolt, Greater London UB5 5RH2
£293K10/200.32 mi23, Millway Gardens, Northolt, Greater London UB5 5DU2
£355K09/230.35 mi116, Islip Manor Road, Northolt, Greater London UB5 5ED2
£350K12/220.41 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£360K07/230.42 mi7, Brighton Drive, Northolt, Greater London UB5 4DQ2
£335K10/200.42 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£260K09/230.43 mi15, Fortunes Mead, Northolt, Greater London UB5 5SF2
£200K02/210.44 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£265K03/210.44 mi11, Owen Close, Northolt, Greater London UB5 5TX2
£260K06/210.44 mi16, Priors Field, Northolt, Greater London UB5 5SG2
£267K01/230.49 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£357.8K04/230.49 mi247, Carr Road, Northolt, Greater London UB5 4RL2
£270K09/230.55 mi197, Carr Road, Northolt, Greater London UB5 4RJ2
£329K11/210.55 mi6, Thirsk Close, Northolt, Greater London UB5 4DS2
£152.4K10/230.56 mi15a, Newbury Way, Northolt, Greater London UB5 4JD2
£355K05/230.6 mi5, Cheltenham Close, Northolt, Greater London UB5 4DU2
£305K01/230.6 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£285K11/200.6 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£288K08/230.63 mi38, Union Road, Northolt, Greater London UB5 6UE2
£272.5K03/230.63 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£277.5K04/210.64 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£290K06/230.64 mi25, Cherry Gardens, Northolt, Greater London UB5 4RG2
£343K12/220.67 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£339K03/230.68 mi7a, Wetherby Close, Northolt, Greater London UB5 4ED2
£307K06/210.68 mi1a, Wetherby Close, Northolt, Greater London UB5 4ED2
£350K07/210.68 mi3, Wetherby Close, Northolt, Greater London UB5 4ED2
£345K02/230.73 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£255K09/210.73 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£360K05/230.73 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£295K06/210.74 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£335K03/210.76 mi3, Newmarket Avenue, Northolt, Greater London UB5 4HB2
£325K02/230.8 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£330K12/200.8 mi10, Melrose Avenue, Greenford, Greater London UB6 9TA2
£351.5K05/230.8 mi16, Melrose Avenue, Greenford, Greater London UB6 9TA2
£260K04/210.82 mi73, Wincanton Crescent, Northolt, Greater London UB5 4HQ2
£307.5K11/200.82 mi19, Wood End Lane, Northolt, Greater London UB5 4JN2
£345K04/210.85 mi105a, Birkbeck Avenue, Greenford, Greater London UB6 8LY2
£337.5K12/220.85 mi33a, Stanley Avenue, Greenford, Greater London UB6 8NW2
£260K06/230.85 mi7a, Stanley Avenue, Greenford, Greater London UB6 8NW2
£340K11/220.85 mi15, Stanley Avenue, Greenford, Greater London UB6 8NW2
£335K06/230.86 mi85, Petts Hill, Northolt, Greater London UB5 4NS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,85010/240.06 mi-2
£2,00012/240.08 mi-2
£2,00012/240.08 mi-2
£1,90001/250.11 mi-2
£1,70003/250.12 mi-2
£1,45003/250.14 mi-2
£1,55010/240.21 miThe Farmlands, Northolt2
£1,75010/240.27 miDukes Avenue, Northolt, UB52
£2,15011/240.31 mi-2
£1,80010/240.33 miLilliput Avenue, Northolt2
£1,60010/240.34 miMillway Gardens, Northolt2
£1,70010/240.42 miKensington Road2
£1,70002/250.47 mi-2
£1,80010/240.54 mi-2
£1,73012/240.58 mi-2
£2,10011/240.61 mi-2
£1,80010/240.61 miSandown Way, Northolt2

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.24 miles away

Nearest school

0.30 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £290,000

July 9, 2024

Floor Plans

Description

  • Top floor +
  • Modern +
  • Short walk To Northolt Station +
  • Gas central heating +
  • 116 years lease +
  • Close to shops and bus routes +

Brian Cox & Company are delighted to present to the market this two bedroom second floor apartment. The property is situated in the heart of Northolt allowing unrivalled access to local shops, transport facilities including the Central Line station. Also nearby is the A40 and Hayes bypass, local schools and parks. The property benefits from a fully fitted kitchen, modern bathroom, security entry system, gas central heating and double glazing. Please call now to view.

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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