2 Bed Flat, Single Let, Northolt, UB5 5UA, £185,000

Huxley Close, Northolt, Middlesex, UB5 5UA - 7 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£191.3K - £415K
Sold Prices/m²£3.2K/m² - £7.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£229,360
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,600

Total Cash In

£56,850

 

 

Cash Out

 

Rent Range

£1,450 - £2,350

Rent Estimate

£1,200

Running Costs/mo

£838

Cashflow/mo

£362

Cashflow/yr

£4,343

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £191.3K to £415K, average is £305K. £3.2K/m² to £7.3K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£267K01/230.02 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£200K02/210.07 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£350K12/220.16 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£305K01/210.2 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£343K12/220.21 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£325K02/230.33 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£335K10/200.47 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£355K09/230.47 mi116, Islip Manor Road, Northolt, Greater London UB5 5ED2
£280K06/210.51 mi29, Vanbrough Crescent, Northolt, Greater London UB5 5JR2
£191.3K09/200.52 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£277.5K04/210.55 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£272.5K03/230.57 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£305K04/210.6 mi3, Petworth Close, Northolt, Greater London UB5 4HX2
£415K11/220.61 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£288K08/230.62 mi38, Union Road, Northolt, Greater London UB5 6UE2
£305K01/230.64 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£345K02/230.64 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£235K11/220.65 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.65 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£260K09/230.66 mi15, Fortunes Mead, Northolt, Greater London UB5 5SF2
£260K06/210.66 mi16, Priors Field, Northolt, Greater London UB5 5SG2
£285K11/200.67 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£315K11/230.68 mi219, Ealing Road, Northolt, Greater London UB5 5HS2
£285K02/210.69 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.69 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£300K05/230.69 miFlat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH2
£228K12/200.7 mi11a, Station Parade, Northolt, Greater London UB5 5HR2
£320K02/230.7 mi109, Eastcote Lane, Northolt, Greater London UB5 5RH2
£265K03/210.7 mi11, Owen Close, Northolt, Greater London UB5 5TX2
£310K10/230.71 miFlat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ2
£340K11/210.71 mi17, Westend Gardens, Northolt, Greater London UB5 6QR2
£293K10/200.72 mi23, Millway Gardens, Northolt, Greater London UB5 5DU2
£321K03/210.74 miFlat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£295K08/210.74 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.74 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.74 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£308K12/200.74 miFlat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£250K10/230.77 miFlat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW2
£375K03/230.77 mi60, Edward Road, Northolt, Greater London UB5 6QP2
£300K12/220.8 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£338K02/210.8 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£350K09/230.82 mi15, Rushdene Crescent, Northolt, Greater London UB5 6NE2
£310K03/230.82 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£312K09/230.84 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£295K06/210.85 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£330K11/200.85 mi2, Trevor Gardens, Northolt, Greater London UB5 6NB2
£343K01/240.86 mi22, Greenway Gardens, Greenford, Greater London UB6 9TT2
£295K05/230.86 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£345K10/220.86 mi10, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312.5K11/220.86 mi28a, Greenway Gardens, Greenford, Greater London UB6 9TT2

Local Rents

17 rents from £1.4K/mo to £2.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70002/250.07 mi-2
£1,80010/240.17 miLilliput Avenue, Northolt2
£1,67510/240.21 mi-2
£1,45003/250.34 mi-2
£1,70003/250.37 mi-2
£1,75010/240.4 miDukes Avenue, Northolt, UB52
£1,90001/250.42 mi-2
£1,65010/240.45 miNortholt, UB52
£1,70010/240.47 miKensington Road2
£2,00012/240.49 mi-2
£2,00012/240.49 mi-2
£1,85010/240.54 mi-2
£2,15011/240.56 mi-2
£1,79502/250.57 mi-2
£1,50010/240.58 miTaywood Road, Northolt2
£2,35003/250.59 mi-2
£1,45010/240.61 miYeading Lane, Northolt, Middlesex, UB52

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.27 miles away

Nearest school

0.30 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £185,000

March 20, 2025

Listed for £188,000

August 11, 2024

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers. +
  • 2 Bedrooms +
  • Modern Kitchen +
  • Allocated Parking +
  • Good Condition +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

This is a 2-bedroom flat in Northolt. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 2 bedrooms, bathroom, lounge, kitchen and allocated parking.

Investment Details

It currently produces an annual gross income of £14,400 which could be increased by the new owner to a market rate of £18,000 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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