6 Bed HMO, Northolt, UB5 6TF, £450,000

36 Leander Road, Northolt, Greater London, UB5 6TF - 40 views - 8 months ago

Under Offer

HMO

Refurb/BRRR

~186 m²

+6 photos

ValuationFair Value

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Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£24,700£24,700
Refurb Costs	£98,400£98,400
Bridging Loan Interest	£11,813£11,813
Total Cash In	£249,163£249,163

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£993,938£993,938
Agent Fees (1%)	£9,939£9,939
Bridging Loan	£337,500£337,500
Bridging Loan Interest	£11,813£11,813
Flip Profit	£397,336£397,336

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Property History

Listed for £450,000

July 16, 2024

Sold for £110,000

2000

Floor Plans

Description

Six bedrooms +
In need of modernising +
Fantastic investment property perfect for HMO +
Chain free +
Private garden +
Freehold +

Brian Cox are pleased to present to the market this unique and spacious six bedroom townhouse located just off Ruislip Road in Northolt. This spacious property is perfect for investors looking for a HMO or a large family home. The property is being sold chain free and does require a full refurbishment throughout.

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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

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