2 Bed Flat, Single Let, UB6 8QT £300,000

Greenford Road, Greenford, UB6 8QT - 3 views - a year ago

Leasehold

BTL

ROI: 4%

~49 m²

ValuationUndervalued

Sold Prices	£250K - £430K
Sold Prices/m²	£3.7K/m² - £7.5K/m²

Square Metres	~49.22 m²
Price/m²	£6.1K/m²
Value Estimate	£307,133£307,133
BMV	2%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£21,200£21,200
Total Cash In	£96,200£96,200

Cash Out
Rent Range	£461 - £2,600£461 - £2,600
Rent Estimate	£1,575
Running Costs/mo	£1,273£1,273
Cashflow/mo	£303£303
Cashflow/yr	£3,630£3,630
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £250K to £430K, average is £326.3K. £3.7K/m² to £7.5K/m², average is £6.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£280K	04/25	0 mi	Flat 5, 628 Greenview Court, Greenford Road, Greenford UB6 8QT	£3,944	71	2	Flat
£280K	04/25	0 mi	Flat 5, 628 Greenview Court, Greenford Road, Greenford UB6 8QT	-	-	2	Flat
£346K	12/22	0.02 mi	19, Shelley Close, Greenford, Greater London UB6 8RT	£7,061	49	2	Flat
£290K	02/25	0.05 mi	17, Shelley Close, Greenford UB6 8RT	£6,304	46	2	Flat
£250K	08/24	0.07 mi	614, Greenford Road, Greenford UB6 8QU	£3,676	68	2	Flat
£322.5K	09/21	0.07 mi	403a, Greenford Road, Greenford, Greater London UB6 8RF	£4,188	77	2	Flat
£330K	08/24	0.12 mi	14, Wordsworth Avenue, Greenford UB6 9AB	£6,875	48	2	Flat
£345K	12/22	0.13 mi	453, Greenford Road, Greenford, Greater London UB6 8RQ	£7,188	48	2	Flat
£341K	08/24	0.17 mi	11, Deepwood Lane, Greenford UB6 8XA	£4,108	83	2	Flat
£285K	03/25	0.17 mi	32, Wordsworth Avenue, Greenford UB6 9AB	£6,333	45	2	Flat
£285K	03/25	0.17 mi	32, Wordsworth Avenue, Greenford UB6 9AB	-	-	2	Flat
£336K	12/24	0.19 mi	Peel Court, 7, Ravenor Park Road, Greenford UB6 9LX	£6,462	52	2	Flat
£342K	11/23	0.23 mi	22, Goring Way, Greenford UB6 9NL	£6,840	50	2	Flat
£270K	07/23	0.27 mi	1, Blenheim Close, Greenford, Greater London UB6 8ET	£4,909	55	2	Flat
£320K	08/21	0.27 mi	19, Blenheim Close, Greenford, Greater London UB6 8ET	£5,517	58	2	Flat
£350K	10/22	0.27 mi	23, Clifton Road, Greenford, Greater London UB6 8SP	-	-	2	Flat
£308K	03/25	0.28 mi	65a, Goring Way, Greenford UB6 9NW	£6,160	50	2	Flat
£308K	03/25	0.28 mi	65a, Goring Way, Greenford UB6 9NW	£6,160	50	2	Flat
£308K	03/25	0.28 mi	65a, Goring Way, Greenford UB6 9NW	-	-	2	Flat
£315K	11/23	0.28 mi	42a, Goring Way, Greenford UB6 9NP	£6,300	50	2	Flat
£360K	10/22	0.28 mi	4, Ormsby Gardens, Greenford, Greater London UB6 9NR	£5,733	63	2	Flat
£345K	10/23	0.29 mi	14, Ormsby Gardens, Greenford UB6 9NR	£5,308	65	2	Flat
£330K	08/21	0.3 mi	51, Goring Way, Greenford, Greater London UB6 9NW	£6,471	51	2	Flat
£375K	10/23	0.31 mi	43, Costons Lane, Greenford UB6 8RS	£6,048	62	2	Flat
£320K	05/25	0.34 mi	47, Ferrymead Gardens, Greenford UB6 9NF	£5,714	56	2	Flat
£335K	02/24	0.52 mi	462, Greenford Avenue, London W7 3DD	£6,837	49	2	Flat
£355K	12/22	0.52 mi	32, Ferrymead Avenue, Greenford, Greater London UB6 9TJ	£5,917	60	2	Flat
£320K	05/21	0.54 mi	462, Greenford Avenue, London, Greater London W7 3DD	£6,531	49	2	Flat
£349.9K	03/24	0.55 mi	20, Stickleton Close, Greenford UB6 9RQ	£5,146	68	2	Flat
£300K	09/23	0.56 mi	22, Stickleton Close, Greenford, Greater London UB6 9RQ	£5,556	54	2	Flat
£335K	05/25	0.57 mi	60, Riverside Close, London W7 1BY	-	-	2	Flat
£335K	05/25	0.57 mi	60, Riverside Close, London W7 1BY	£5,403	62	2	Flat
£351.5K	05/23	0.58 mi	16, Melrose Avenue, Greenford, Greater London UB6 9TA	-	-	2	Flat
£315K	11/23	0.58 mi	7, Stickleton Close, Greenford UB6 9RQ	£5,164	61	2	Flat
£352.5K	11/24	0.61 mi	31, Ruislip Close, Greenford UB6 9QS	£6,184	57	2	Flat
£320K	05/25	0.61 mi	48, Beechwood Avenue, Greenford UB6 9UB	£6,531	49	2	Flat
£320K	05/25	0.61 mi	48, Beechwood Avenue, Greenford UB6 9UB	-	-	2	Flat
£360K	04/23	0.64 mi	8, Beechwood Avenue, Greenford, Greater London UB6 9UA	£7,377	49	2	Flat
£285K	04/23	0.64 mi	30, Beechwood Avenue, Greenford, Greater London UB6 9UA	-	-	2	Flat
£295K	06/21	0.65 mi	11, Chesterton Close, Greenford, Greater London UB6 9TE	£5,060	58	2	Flat
£304K	08/24	0.67 mi	28, Greenway Gardens, Greenford UB6 9TT	£5,846	52	2	Flat
£322.5K	11/23	0.67 mi	27, Braund Avenue, Greenford UB6 9JG	£7,500	43	2	Flat
£430K	02/23	0.68 mi	388, Greenford Avenue, London, Greater London W7 3DB	£6,515	66	2	Flat
£405K	05/24	0.68 mi	69, Gifford Gardens, London W7 3AS	£6,328	64	2	Flat
£312.5K	11/22	0.68 mi	28a, Greenway Gardens, Greenford, Greater London UB6 9TT	£6,250	50	2	Flat
£312K	09/23	0.68 mi	52, Greenway Gardens, Greenford, Greater London UB6 9TU	£6,240	50	2	Flat
£345K	10/22	0.68 mi	10, Greenway Gardens, Greenford, Greater London UB6 9TT	£7,340	47	2	Flat
£430K	11/22	0.69 mi	63a, Gifford Gardens, London, Greater London W7 3AS	£6,056	71	2	Flat
£400K	11/23	0.69 mi	1, Gifford Gardens, London, Greater London W7 3AS	£6,557	61	2	Flat
£343K	01/24	0.69 mi	22, Greenway Gardens, Greenford, Greater London UB6 9TT	£7,000	49	2	Flat

Local Rents

50 rents from £461/mo to £2.6K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,850	08/25	0.01 mi	Greenview Court, 628 Greenford Road, Greenford, UB6 8QT	2	Flat
£1,800	10/24	0.02 mi	Shelley Close, Greenford	2	Flat
£1,800	10/24	0.02 mi	Shelley Close, Greenford	2	Flat
£1,650	10/25	0.05 mi	-	2	Flat
£1,700	07/25	0.07 mi	-	2	Flat
£1,650	09/25	0.07 mi	-	2	Flat
£1,750	06/25	0.07 mi	-	2	Flat
£1,600	08/25	0.08 mi	-	2	Flat
£1,700	09/25	0.13 mi	-	2	Flat
£2,000	05/25	0.13 mi	Costons Lane, Greenford	2	Flat
£461	07/25	0.13 mi	Costons Lane, Ealing	2	Flat
£461	07/25	0.13 mi	Costons Lane, Greenford	2	Flat
£1,500	08/25	0.14 mi	-	2	Flat
£2,125	04/25	0.14 mi	-	2	Flat
£1,800	09/25	0.15 mi	Croyde Avenue, Greenford, UB6	2	Terraced House
£1,750	05/25	0.15 mi	-	2	Flat
£1,600	08/25	0.17 mi	-	2	Flat
£1,600	11/25	0.17 mi	-	2	Flat
£1,600	05/25	0.17 mi	Oakfield Garden, London, UB6	2	Flat
£1,600	07/25	0.17 mi	Oakfield Garden, London, UB6	2	Flat
£1,800	09/25	0.19 mi	-	2	Flat
£1,650	10/25	0.2 mi	Goring Way, Greenford, UB6	2	House
£1,647	10/24	0.21 mi	Ferrymead Gardens, Greenford	2	Flat
£1,995	07/25	0.22 mi	-	2	Flat
£1,995	09/25	0.22 mi	-	2	Flat
£1,995	06/25	0.22 mi	Locarno Road, Greenford, UB6	2	Semi-Detached House
£1,995	06/25	0.22 mi	Locarno Road, Greenford, UB6	2	Semi-Detached House
£1,995	06/25	0.22 mi	Locarno Road, Greenford, UB6	2	Semi-Detached House
£1,750	02/24	0.22 mi	-	2	Flat
£1,800	10/24	0.25 mi	Goring Way, Greenford, UB6	2	Flat
£1,800	10/24	0.25 mi	-	2	Flat
£1,850	04/25	0.25 mi	-	2	Flat
£1,998	07/25	0.26 mi	Barnham Road, Greenford, UB6 9LP	2	Bungalow
£1,800	01/25	0.28 mi	-	2	Flat
£1,500	10/24	0.3 mi	Greenford Road, Greenford, Middlesex, UB6	2	Flat
£1,700	09/25	0.31 mi	-	2	Flat
£2,250	10/24	0.35 mi	David Avenue, Greenford	2	Flat
£2,249	10/24	0.35 mi	David Avenue, Greenford	2	Flat
£2,600	10/24	0.35 mi	David Avenue, Ealing, Greenford, UB6	2	Flat
£1,800	06/25	0.36 mi	The Broadway, Greenford	2	Flat
£1,580	11/25	0.36 mi	Ruislip Road East, Greenford, Middlesex, UB6	2	Flat
£1,600	02/24	0.36 mi	-	2	Flat
£1,800	05/25	0.36 mi	-	2	Flat
£1,620	11/24	0.37 mi	-	2	Flat
£1,650	01/25	0.37 mi	-	2	Flat
£1,600	07/25	0.45 mi	Millet Road, Greenford	2	Flat
£1,575	08/25	0.45 mi	Millet Road, Greenford	2	Flat
£1,900	09/25	0.47 mi	Ferrymead Avenue, Greenford, UB6	2	Terraced House
£1,800	09/25	0.47 mi	Ferrymead Avenue, Greenford, UB6	2	Terraced House
£1,900	10/25	0.49 mi	-	2	Flat

Local Area Statistics

Population in UB6	50,94550,945
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.54 miles away0.54 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+20%+20%

Property History

Listed for £300,000

September 25, 2024

Floor Plans

Description

Two bedroom second floor flat +
Benefiting from modern and good-sized living space +
Spacious reception room with balcony +
Communal gardens and off-street parking +
Kitchen with granite worktops +
Sizeable master bedroom with en suite shower room +
Second bedroom and smart bathroom +

Set within a modern development with communal gardens and gated off-street parking, this redecorated two bedroom flat boasts spacious reception room and balcony.

Oldfield Lane South is located close to the shops, bars and restaurants in Greenford, while the local area is well served by several schools and the green spaces of Ravenor Park.

Please use the reference EALG0253910 when contacting Foxtons.

Agent Details

Foxtons, Ealing

020 3909 9640

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.