2 Bed Flat, Single Let, Uxbridge, UB8 2XX, £287,500

19 Mill Bridge Place, Uxbridge, Greater London, UB8 2XX - 2 views - 9 months ago

Sold STC

Leasehold

BTL

ROI: 4%

66 m²

+8 photos

ValuationUndervalued

Sold Prices	£110K - £430K
Sold Prices/m²	£1.9K/m² - £7.3K/m²

Square Metres	65.59 m²
Price/m²	£4.4K/m²
Value Estimate	£335,758£335,758
BMV	17%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£71,875£71,875
Stamp Duty & Legal Fees	£11,700£11,700
Total Cash In	£83,575£83,575

Cash Out
Rent Range	£980 - £3,300£980 - £3,300
Rent Estimate	£1,513
Running Costs/mo	£1,221£1,221
Cashflow/mo	£292£292
Cashflow/yr	£3,504£3,504
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

31 sold prices from £110K to £430K, average is £310K. £1.9K/m² to £7.3K/m², average is £5.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£255K	06/23	0 mi	35, Mill Bridge Place, Uxbridge, Greater London UB8 2XX	£4,636	55	2	Flat
£255K	12/23	0.06 mi	11, Millennium Close, Uxbridge, Greater London UB8 2RX	£4,636	55	2	Flat
£295K	11/23	0.06 mi	17, Millennium Close, Uxbridge, Greater London UB8 2RX	-	-	2	Flat
£255K	02/24	0.06 mi	22, Millennium Close, Uxbridge, Greater London UB8 2RX	£7,286	35	2	Flat
£290K	01/23	0.16 mi	23, Black Horse Place, Uxbridge, Greater London UB8 2RU	£4,531	64	2	Flat
£110K	10/20	0.17 mi	21, Blackhorse Place, Uxbridge, Greater London UB8 2RU	£1,930	57	2	Flat
£332K	12/22	0.31 mi	7, Hogarth Close, Uxbridge, Greater London UB8 2BF	£5,425	61	2	Flat
£295K	11/21	0.31 mi	6, Hogarth Close, Uxbridge, Greater London UB8 2BF	£2,479	119	2	Flat
£290K	05/21	0.45 mi	12, Whitehall Close, Uxbridge, Greater London UB8 2DJ	£5,885	49	2	Flat
£300K	01/21	0.51 mi	15c, Cleveland Road, Uxbridge, Greater London UB8 2DW	£6,522	46	2	Flat
£318K	09/23	0.58 mi	11, Park Road East, Uxbridge, Greater London UB10 0AQ	-	-	2	Flat
£310K	06/23	0.69 mi	19, Cumbrian Way, Uxbridge, Greater London UB8 1XD	£5,962	52	2	Flat
£265K	03/21	0.69 mi	23, Cumbrian Way, Uxbridge, Greater London UB8 1XD	£6,163	43	2	Flat
£316.5K	09/21	0.73 mi	38, Valley Road, Uxbridge, Greater London UB10 0RP	£4,458	71	2	Flat
£333K	12/20	0.75 mi	23, Wallace Close, Uxbridge, Greater London UB10 0SB	£4,269	78	2	Flat
£309K	11/20	0.81 mi	54, Valley Road, Uxbridge, Greater London UB10 0RP	£4,352	71	2	Flat
£330K	12/22	0.81 mi	54, Valley Road, Uxbridge, Greater London UB10 0RP	£4,648	71	2	Flat
£312K	06/21	0.87 mi	2, Pages Lane, Uxbridge, Greater London UB8 1XT	£5,288	59	2	Flat
£430K	12/22	0.9 mi	141, Kings Mill Way, Denham, Uxbridge, Buckinghamshire UB9 4BT	£5,119	84	2	Flat
£350K	09/23	0.9 mi	130, Kings Mill Way, Denham, Uxbridge, Buckinghamshire UB9 4BT	£5,469	64	2	Flat
£355K	11/22	0.9 mi	131, Kings Mill Way, Denham, Uxbridge, Buckinghamshire UB9 4BT	£5,547	64	2	Flat
£286.5K	11/23	0.91 mi	22, Blackmore Way, Uxbridge, Greater London UB8 1QB	£5,027	57	2	Flat
£390K	02/21	0.92 mi	57, Kings Mill Way, Denham, Uxbridge, Buckinghamshire UB9 4BS	£6,000	65	2	Flat
£370K	11/22	0.92 mi	52, Kings Mill Way, Denham, Uxbridge, Buckinghamshire UB9 4BS	£4,805	77	2	Flat
£325K	02/21	0.93 mi	6, Pages Lane, Uxbridge, Greater London UB8 1XT	£5,909	55	2	Flat
£315K	02/21	0.95 mi	51, Worcester Road, Uxbridge, Greater London UB8 3TH	£4,701	67	2	Flat
£322K	03/23	0.96 mi	40, Worcester Road, Uxbridge, Greater London UB8 3TH	-	-	2	Flat
£290K	11/20	0.96 mi	68, Worcester Road, Uxbridge, Greater London UB8 3TH	-	-	2	Flat
£300K	10/20	0.98 mi	48, Fairfield Road, Uxbridge, Greater London UB8 1AL	£5,000	60	2	Flat
£345K	05/23	0.98 mi	46, Fairfield Road, Uxbridge, Greater London UB8 1AL	£5,783	60	2	Flat
£310K	06/21	0.99 mi	21, Norfolk Road, Uxbridge, Greater London UB8 1BL	£5,536	56	2	Flat

Local Rents

30 rents from £980/mo to £3.3K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	10/24	0 mi	Mill Bridge Place, Uxbridge	2	Flat
£2,000	11/24	0.07 mi	-	2	Flat
£1,700	10/24	0.1 mi	-	2	Terraced House
£1,800	10/24	0.13 mi	-	2	Flat
£2,850	02/24	0.13 mi	-	2	Flat
£1,650	10/24	0.13 mi	Cowley Mill Road, Uxbridge, Middlesex UB8 2QB	2	Flat
£1,750	03/25	0.16 mi	-	2	Flat
£1,595	03/25	0.18 mi	-	2	Flat
£1,700	02/25	0.29 mi	-	2	Flat
£1,550	10/24	0.31 mi	The Greenway, Uxbridge	2	Flat
£1,700	11/24	0.31 mi	-	2	Flat
£1,600	12/24	0.34 mi	-	2	Flat
£1,401	01/25	0.37 mi	-	2	Flat
£1,850	10/24	0.38 mi	Whitehall Close, Uxbridge, London, UB8	2	Flat
£2,900	10/24	0.39 mi	-	2	Flat
£1,600	10/24	0.42 mi	Myddleton Road, Uxbridge	2	Flat
£1,600	10/24	0.44 mi	-	2	Flat
£2,000	12/24	0.44 mi	-	2	Terraced House
£3,300	10/24	0.46 mi	Cowley Business Park, High Street, Uxbridge, Greater London, UB8	2	Flat
£3,200	10/24	0.46 mi	Keel House, Cowley Business Park, Uxbridge	2	Flat
£1,650	10/24	0.46 mi	Elthorne Road, Uxbridge	2	Flat
£1,750	10/24	0.5 mi	Manor Waye, Uxbridge	2	Terraced House
£1,700	11/24	0.52 mi	-	2	Flat
£1,800	03/25	0.52 mi	-	2	Semi-Detached House
£1,600	03/25	0.52 mi	-	2	Flat
£1,550	02/25	0.55 mi	-	2	Flat
£1,500	10/24	0.56 mi	Cleveland Road, Uxbridge, UB8	2	Flat
£1,500	10/24	0.56 mi	-	2	Flat
£1,650	10/24	0.59 mi	Tower House, Uxbridge	2	Flat
£980	01/25	0.61 mi	-	2	Flat

Local Area Statistics

Population in UB8	36,11636,116
Population in Uxbridge	84,10384,103
Town centre distance	1.04 miles away1.04 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.60 miles away0.60 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+6%+6%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £287,500

July 19, 2024

Sold for £120,950

2000

Floor Plans

Description

Chain Free Second Floor Apartment +
Two Bedrooms/One Bathroom +
Reception Room & Fitted Kitchen +
Allocated Parking & Communal Gardens +
Close to Uxbridge Town Centre +
Leasehold (9 79Years) +
£1,857 Service Charge & Ground Rent PA +
Council Tax Band C +
EPC Rating C +
614 Sq Ft (57 Sq M) +

Located within walking distance of Uxbridge Town Centre, this chain free apartment offers spacious, light filled interiors throughout. The property benefits from well-maintained communal gardens and residents parking.

Neutrally decorated, the accommodation comprises a welcoming entrance hallway with two versatile storage cupboards and doors to all rooms including a bright and airy reception room. An opening off the reception room give access to an fitted kitchen with a range of units and space for free standing appliances. The property boasts an inviting master bedroom with built in wardrobes, followed by a second bedroom and a family bathroom.

Mill Bridge Place is situated off Waterloo Road on the outskirts of Uxbridge Town Centre, within easy reach of Brunel University, Fassnidge Park, Uxbridge College, multiple shopping facilities, restaurants and bars and the Metropolitan/Piccadilly Line Station.

Agent Details

Gibbs Gillespie, Uxbridge Sales

01895 544818

Next Steps?

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