2 Bed Flat, Single Let, Northolt, UB5 5AE, £230,000

Church Road, Northolt, UB5 5AE - 3 views - 8 months ago

Under Offer
Leasehold
BTL
ROI: 7%
~58 m²
+2 photos

ValuationUndervalued

Sold Prices£152.4K - £370K
Sold Prices/m²£2.2K/m² - £8.2K/m²

 

 

Square Metres

~58 m²
Price/m²£4K/m²

Value Estimate

£285,672
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£1,450 - £2,150

Rent Estimate

£1,413

Running Costs/mo

£1,021

Cashflow/mo

£392

Cashflow/yr

£4,704

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £152.4K to £370K, average is £307.5K. £2.2K/m² to £8.2K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£305K01/210.21 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£305K04/210.21 mi3, Petworth Close, Northolt, Greater London UB5 4HX2
£355K09/230.29 mi116, Islip Manor Road, Northolt, Greater London UB5 5ED2
£300K05/230.3 miFlat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH2
£315K11/230.3 mi219, Ealing Road, Northolt, Greater London UB5 5HS2
£350K12/220.31 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£228K12/200.32 mi11a, Station Parade, Northolt, Greater London UB5 5HR2
£310K10/230.32 miFlat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ2
£320K02/230.34 mi109, Eastcote Lane, Northolt, Greater London UB5 5RH2
£200K02/210.34 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£321K03/210.35 miFlat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£308K12/200.35 miFlat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£293K10/200.36 mi23, Millway Gardens, Northolt, Greater London UB5 5DU2
£250K10/230.38 miFlat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW2
£267K01/230.39 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£260K09/230.41 mi15, Fortunes Mead, Northolt, Greater London UB5 5SF2
£335K10/200.42 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£260K06/210.43 mi16, Priors Field, Northolt, Greater London UB5 5SG2
£265K03/210.44 mi11, Owen Close, Northolt, Greater London UB5 5TX2
£360K07/230.51 mi7, Brighton Drive, Northolt, Greater London UB5 4DQ2
£343K12/220.58 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£152.4K10/230.59 mi15a, Newbury Way, Northolt, Greater London UB5 4JD2
£357.8K04/230.59 mi247, Carr Road, Northolt, Greater London UB5 4RL2
£305K01/230.61 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£272.5K03/230.62 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£285K11/200.62 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£277.5K04/210.62 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£288K08/230.62 mi38, Union Road, Northolt, Greater London UB5 6UE2
£329K11/210.65 mi6, Thirsk Close, Northolt, Greater London UB5 4DS2
£270K09/230.65 mi197, Carr Road, Northolt, Greater London UB5 4RJ2
£355K05/230.69 mi5, Cheltenham Close, Northolt, Greater London UB5 4DU2
£325K02/230.7 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£345K02/230.71 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£290K06/230.74 mi25, Cherry Gardens, Northolt, Greater London UB5 4RG2
£280K06/210.77 mi29, Vanbrough Crescent, Northolt, Greater London UB5 5JR2
£339K03/230.77 mi7a, Wetherby Close, Northolt, Greater London UB5 4ED2
£295K06/210.77 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£307K06/210.78 mi1a, Wetherby Close, Northolt, Greater London UB5 4ED2
£350K07/210.78 mi3, Wetherby Close, Northolt, Greater London UB5 4ED2
£255K09/210.83 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£360K05/230.83 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£330K12/200.84 mi10, Melrose Avenue, Greenford, Greater London UB6 9TA2
£351.5K05/230.84 mi16, Melrose Avenue, Greenford, Greater London UB6 9TA2
£335K03/210.86 mi3, Newmarket Avenue, Northolt, Greater London UB5 4HB2
£191.3K09/200.88 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£312K09/230.9 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£370K12/200.9 mi132, Millet Road, Greenford, Greater London UB6 9SJ2
£352K01/210.9 mi109, Millet Road, Greenford, Greater London UB6 9SJ2
£370K12/200.9 mi132, Millet Road, Greenford, Greater London UB6 9SJ2
£260K04/210.91 mi73, Wincanton Crescent, Northolt, Greater London UB5 4HQ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,75002/250.02 mi-2
£1,45003/250.05 mi-2
£1,90001/250.12 mi-2
£2,00012/240.15 mi-2
£2,00012/240.15 mi-2
£1,85010/240.15 mi-2
£1,75010/240.2 miDukes Avenue, Northolt, UB52
£1,80010/240.24 miLilliput Avenue, Northolt2
£2,15011/240.29 mi-2
£1,55010/240.31 miThe Farmlands, Northolt2
£1,70002/250.37 mi-2
£1,60010/240.38 miMillway Gardens, Northolt2
£1,70010/240.42 miKensington Road2
£1,80010/240.56 mi-2
£1,67510/240.58 mi-2
£1,73012/240.6 mi-2

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.14 miles away

Nearest school

0.30 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £230,000

July 26, 2024

Floor Plans

Description

  • First floor +
  • Modern +
  • Two bedrooms +
  • Walking distance to Northolt Station +
  • Double glazed +
  • 105 Years ease +

Fantastic investment opportunity or a great first time buy! Brian Cox present to the market this first floor two double bedroom flat located a short walk to Northolt Station. Further benefits include open planned kitchen living room, double glazing, a good lease and low service charge. Call early to avoid missing out!

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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