3 Bed Terraced House, Planning Permission, Southall, UB1 3JH, £525,000

Longridge Lane, Southall, UB1 3JH - 3 views - 8 months ago

Under Offer
Planning
ROI: 2%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£385K - £640K
Sold Prices/m²£4.8K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£5.6K/m²

Value Estimate

£517,732

 

 

End Value (After Refurb)

£501,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£49,088

Bridging Loan Interest

£13,781

Total Cash In

£226,569

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£501,000

Mortgage (After Refinance)

£375,750

Mortgage LTV

75%

Cash Left In

£226,569

Equity

£125,250

Rent Range

£2,150 - £2,800

Rent Estimate

£2,390

Running Costs/mo

£2,064

Cashflow/mo

£326

Cashflow/yr

£3,917

ROI

2%

Gross Yield

5%

Local Sold Prices

52 sold prices from £385K to £640K, average is £492.5K. £4.8K/m² to £7.1K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£445K06/220.07 mi7, Panhard Place, Southall, Greater London UB1 3JJ3
£450K04/240.07 mi1, Panhard Place, Southall, Greater London UB1 3JJ3
£385K03/220.09 mi4, Faraday Road, Southall, Greater London UB1 3JL3
£476K10/220.13 mi29, Telford Road, Southall, Greater London UB1 3JG3
£425K01/240.16 mi17, Farm Close, Southall, Greater London UB1 3JF3
£565K08/220.22 mi117, Dormers Wells Lane, Southall, Greater London UB1 3JA3
£500K05/230.25 mi65, Dormers Wells Lane, Southall, Greater London UB1 3HX3
£480K05/230.28 mi25, Queens Avenue, Greenford, Greater London UB6 9BU3
£590K06/210.3 mi156, Kings Avenue, Greenford, Greater London UB6 9DF3
£540K04/230.33 mi37, Hurley Road, Greenford, Greater London UB6 9EZ3
£475K10/230.34 mi92, Burns Avenue, Southall, Greater London UB1 2LT3
£475K10/230.34 mi92, Burns Avenue, Southall, Greater London UB1 2LT3
£495K07/230.37 mi68, Masefield Avenue, Southall, Greater London UB1 2NE3
£535K05/240.37 mi52, Masefield Avenue, Southall, Greater London UB1 2NE3
£470K06/210.37 mi112, Allenby Road, Southall, Greater London UB1 2HJ3
£560K05/210.39 mi79, Burns Avenue, Southall, Greater London UB1 2LS3
£530K04/230.39 mi64, Burns Avenue, Southall, Greater London UB1 2LS3
£525K04/230.42 mi32, Milford Road, Southall, Greater London UB1 3QQ3
£510K09/230.44 mi66, Kingsley Avenue, Southall, Greater London UB1 2NB3
£480K06/210.45 mi168, Allenby Road, Southall, Greater London UB1 2HN3
£512K02/240.45 mi204, Allenby Road, Southall, Greater London UB1 2HN3
£527.5K11/210.45 mi7, Dormers Avenue, Southall, Greater London UB1 2SP3
£450K06/210.45 mi165, North Road, Southall, Greater London UB1 2JY3
£540K07/230.46 mi28, St Ursula Road, Southall, Greater London UB1 2TH3
£560K11/200.46 mi134, Uxbridge Road, Southall, Greater London UB1 3DP3
£640K07/220.47 mi196, Uxbridge Road, Southall, Greater London UB1 3DX3
£460K04/220.47 mi23, Manaton Crescent, Southall, Greater London UB1 2SY3
£430K10/230.48 mi17, Manaton Crescent, Southall, Greater London UB1 2SY3
£430K10/230.48 mi17, Manaton Crescent, Southall, Greater London UB1 2SY3
£475K06/210.49 mi52, Keats Way, Greenford, Greater London UB6 9HE3
£570K08/220.5 mi4, Burns Avenue, Southall, Greater London UB1 2LP3
£600K02/230.5 mi19, Burns Avenue, Southall, Greater London UB1 2LP3
£469K11/200.5 mi73, Windmill Lane, Greenford, Greater London UB6 9DR3
£525K09/230.5 mi75, Windmill Lane, Greenford, Greater London UB6 9DR3
£515K04/230.53 mi42, Dormers Avenue, Southall, Greater London UB1 2SR3
£460K12/200.53 mi11, Portland Crescent, Greenford, Greater London UB6 9EU3
£540K05/230.54 mi264, Park Avenue, Southall, Greater London UB1 3AP3
£463K05/210.54 mi66, Allendale Avenue, Southall, Greater London UB1 2SW3
£452K04/240.55 mi60, Allendale Avenue, Southall, Greater London UB1 2SW3
£470K05/210.55 mi59, Portland Crescent, Greenford, Greater London UB6 9EX3
£500K11/220.57 mi258, Greenford Road, Greenford, Greater London UB6 9AR3
£580K07/230.57 mi3, Stanhope Road, Greenford, Greater London UB6 9EE3
£473K01/240.57 mi38, Stanhope Road, Greenford, Greater London UB6 9EE3
£500K11/230.57 mi48, Allendale Avenue, Southall, Greater London UB1 2SN3
£402K01/230.58 mi140, Windmill Lane, Greenford, Greater London UB6 9DZ3
£465K06/210.59 mi63, Dormers Avenue, Southall, Greater London UB1 2SS3
£445K04/210.6 mi92, Somerset Road, Southall, Greater London UB1 2TU3
£590K04/240.6 mi50, Portland Crescent, Greenford, Greater London UB6 9EY3
£600K12/230.6 mi4, Green Drive, Southall, Greater London UB1 3AY3
£490K06/210.61 mi16, Derwent Road, Southall, Greater London UB1 2UJ3
£400K04/210.63 mi11, Cedar Grove, Southall, Greater London UB1 2XD3
£495K04/210.64 mi30, Somerset Road, Southall, Greater London UB1 2TR3

Local Rents

13 rents from £2.1K/mo to £2.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50009/240.14 mi-3
£2,80004/250.14 mi-3
£2,70004/250.14 mi-3
£2,15010/240.14 mi-3
£2,30012/240.23 mi-3
£2,25011/240.23 mi-3
£2,40010/240.47 miWaxlow Crescent, Southall3
£2,50001/250.5 mi-3
£2,50010/240.57 miStanhope Road, Greenford3
£2,50001/250.58 mi-3
£2,35004/250.61 mi-3
£2,45003/250.61 mi-3
£2,65004/250.61 mi-3

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.66 miles away

Nearest school

0.20 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £525,000

August 25, 2024

Floor Plans

Description

  • Three Bedrooms +
  • End of Terrace +
  • Large Side Space +
  • Planning Permission for 7 Bedrooms with En Suites - REF - 230813HH +
  • Cul-De-Sac +
  • Council Tax Band - C +
  • EPC Rating - D +

Brian Cox are pleased to offer this three bedroom end of terrace family home for sale. Located within a short walk to the Greenford & Uxbridge Road means transport links and local amenities are in abundance. The property benefits from large side space and planning permission for a double story extension to the side with a wrap around single story extension to the rear with a total of 7 bedrooms.

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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