2 Bed Flat, Single Let, Southall, UB1 3HT, £275,000

Dormers Wells Lane, Southall, UB1 3HT - 1 views - 6 months ago

Under Offer
Leasehold
BTL
ROI: 6%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£137.5K - £467.5K
Sold Prices/m²£2.5K/m² - £6.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£303,314
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,600 - £2,100

Rent Estimate

£1,600

Running Costs/mo

£1,199

Cashflow/mo

£401

Cashflow/yr

£4,808

ROI

6%

Gross Yield

7%

Local Sold Prices

26 sold prices from £137.5K to £467.5K, average is £291K. £2.5K/m² to £6.7K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£195K06/210.05 mi9, Mark Close, Southall, Greater London UB1 3QJ2
£300K09/220.05 mi11, Atherton Place, Southall, Greater London UB1 3QT2
£280K10/210.08 mi11, Addison Place, Southall, Greater London UB1 3QX2
£292K05/230.19 mi12a, Melrose Drive, Southall, Greater London UB1 3QA2
£467.5K06/210.39 mi4, Boyd Avenue, Southall, Greater London UB1 3BT2
£350K12/200.41 mi174, North Road, Southall, Greater London UB1 2JX2
£427K04/210.44 miFlat 5, Chaucer House, Hilda Road, Southall, Greater London UB2 4FN2
£320K03/230.45 mi46, Mount Avenue, Southall, Greater London UB1 2LH2
£289.9K11/220.46 mi28, Cubitt Square, Southall, Greater London UB2 4UA2
£250K10/210.51 mi16, Swan Road, Southall, Greater London UB1 3JT2
£137.5K06/210.52 mi12, Cubitt Square, Southall, Greater London UB2 4UA2
£280K08/230.52 mi11, Whittle Close, Southall, Greater London UB1 3JU2
£220K10/220.53 mi54, Wallis Road, Southall, Greater London UB1 3LA2
£320K11/200.63 miFlat 30, Osterley Views, West Park Road, Southall, Greater London UB2 4UN2
£460K06/210.64 miFlat 2, Artesian Lodge, Hilda Road, Southall, Greater London UB2 4FL2
£268K06/230.64 mi20, Greenford Road, Greenford, Greater London UB6 9AT2
£390K06/210.64 miFlat 32, Osterley Gardens, Chevy Road, Southall, Greater London UB2 4UW2
£330K10/220.64 mi7, Barbican Road, Greenford, Greater London UB6 9DH2
£286K08/230.66 mi58, Barbican Road, Greenford, Greater London UB6 9DH2
£265K04/210.66 mi13, Barbican Road, Greenford, Greater London UB6 9DH2
£275K02/210.67 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£357K03/230.71 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£256K02/230.89 mi23a, Portland Road, Southall, Greater London UB2 4BX2
£350K03/210.9 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£220K02/230.98 mi173, Berwick Avenue, Hayes, Greater London UB4 0NJ2
£415K12/230.99 mi11, Brentmead Close, London, Greater London W7 3EW2

Local Rents

17 rents from £1.6K/mo to £2.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.03 mi-2
£2,00010/240.03 mi-2
£1,70010/240.19 mi-2
£1,80001/250.33 mi-2
£1,60010/240.45 mi-2
£1,65010/240.45 mi-2
£1,60011/240.45 mi-2
£1,70003/250.45 mi-2
£1,80001/250.56 mi-2
£2,10002/250.58 mi-2
£2,10002/250.58 mi-2
£2,10002/250.58 mi-2
£1,80001/250.59 mi-2
£1,70010/240.59 mi-2
£1,90002/250.59 mi-2
£1,70002/250.6 mi-2
£2,00003/250.61 mi-2

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £275,000

September 16, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Spacious +
  • Leasehold +
  • Walking Distance To Uxbridge Road +
  • Two Double Bedrooms +
  • Great Location +

Brian Cox and Company are delighted to bring to the market this fantastic size two bedroom first floor apartment. The property briefly comprises a large living area with fitted kitchen, a fully tiled family size bathroom and two double bedrooms. Further benefits include double glazing, gas central heating and communal garden. All in all this is one not to be missed so call now to arrange an appointment to view!!

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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