3 Bed Terraced House, Planning Permission, Southall, UB1 1DJ, £590,000

Ranelagh Road, Southall, UB1 1DJ - 2 views - 7 months ago

Under Offer
Planning
ROI: 1%
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£228.4K - £600K
Sold Prices/m²£3K/m² - £8K/m²

 

 

Square Metres

~93 m²
Price/m²£6.3K/m²

Value Estimate

£490,549

 

 

End Value (After Refurb)

£520,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£147,500

Stamp Duty & Legal Fees

£50,200

Refurb Costs

£49,088

Bridging Loan Interest

£15,488

Total Cash In

£264,025

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£520,000

Mortgage (After Refinance)

£390,000

Mortgage LTV

75%

Cash Left In

£264,025

Equity

£130,000

Rent Range

£1,800 - £2,900

Rent Estimate

£2,389

Running Costs/mo

£2,123

Cashflow/mo

£266

Cashflow/yr

£3,194

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £228.4K to £600K, average is £483K. £3K/m² to £8K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£486K01/230.04 mi129, Woodlands Road, Southall, Greater London UB1 1EJ3
£507K04/220.13 mi20, Woodlands Road, Southall, Greater London UB1 1EF3
£487.5K09/230.16 mi31, Beresford Road, Southall, Greater London UB1 1NJ3
£600K01/230.17 mi40, Beresford Road, Southall, Greater London UB1 1NJ3
£450K12/230.2 mi38, West End Road, Southall, Greater London UB1 1JH3
£455K11/200.27 mi85, Abbotts Road, Southall, Greater London UB1 1HR3
£560K12/220.27 mi16, Abbotts Road, Southall, Greater London UB1 1HT3
£520K08/230.27 mi4, Abbotts Road, Southall, Greater London UB1 1HT3
£559K12/230.27 mi4, Ruskin Road, Southall, Greater London UB1 1PE3
£465K10/220.31 mi46, Oswald Road, Southall, Greater London UB1 1HW3
£435K05/230.31 mi28, Oswald Road, Southall, Greater London UB1 1HW3
£500K05/230.31 mi105, Oswald Road, Southall, Greater London UB1 1HJ3
£475K03/230.34 mi2, Lewis Road, Southall, Greater London UB1 1BT3
£555K08/230.36 mi158, St Josephs Drive, Southall, Greater London UB1 1RP3
£487K12/230.37 mi1, Tollgate Drive, Hayes, Greater London UB4 0NP3
£350K02/210.37 mi112, St Josephs Drive, Southall, Greater London UB1 1RW3
£535K06/230.38 mi23, Saxon Road, Southall, Greater London UB1 1QG3
£555K11/220.38 mi31, Saxon Road, Southall, Greater London UB1 1QG3
£515K12/230.41 mi52, Orchard Avenue, Southall, Greater London UB1 1LG3
£410K02/210.43 mi25, St Josephs Drive, Southall, Greater London UB1 1RL3
£448K12/200.44 mi46, Camden Avenue, Hayes, Greater London UB4 0PW3
£495K10/230.46 mi24, Cerne Close, Hayes, Greater London UB4 0PR3
£455K12/200.46 mi89, Berwick Avenue, Hayes, Greater London UB4 0NH3
£515K09/220.47 mi115, Berwick Avenue, Hayes, Greater London UB4 0NH3
£375K06/210.47 mi104, Clarence Street, Southall, Greater London UB2 5BW3
£477.5K12/200.47 mi27, Orchard Avenue, Southall, Greater London UB1 1LF3
£475K02/230.47 mi17, Dudley Road, Southall, Greater London UB2 5AS3
£392.5K06/230.51 mi44, Clarence Street, Southall, Greater London UB2 5BN3
£440K05/210.51 mi2a, West Avenue, Southall, Greater London UB1 2AW3
£510K08/230.52 mi77, Ashford Avenue, Hayes, Greater London UB4 0NB3
£430K03/230.52 mi111, Ashford Avenue, Hayes, Greater London UB4 0NB3
£490K03/240.55 mi145, Ashford Avenue, Hayes, Greater London UB4 0ND3
£480K10/230.58 mi34, Waltham Road, Southall, Greater London UB2 5AW3
£440K12/230.59 mi99, Featherstone Road, Southall, Greater London UB2 5AQ3
£550K10/230.59 mi55, Brookside Road, Hayes, Greater London UB4 0PJ3
£457K12/200.6 mi152, Dorchester Waye, Hayes, Greater London UB4 0HZ3
£490K01/240.64 mi107, Cranborne Waye, Hayes, Greater London UB4 0HR3
£520.3K12/230.64 mi52, Western Road, Southall, Greater London UB2 5DX3
£515K05/230.67 mi90, Dorchester Waye, Hayes, Greater London UB4 0HY3
£370K01/210.71 mi32, Dagmar Road, Southall, Greater London UB2 5NX3
£440K11/200.72 mi15, Hammond Road, Southall, Greater London UB2 4EG3
£495K09/230.72 mi41, Evelyn Grove, Southall, Greater London UB1 2BW3
£540K01/230.72 mi23, Evelyn Grove, Southall, Greater London UB1 2BW3
£480K06/230.73 mi95, Greenland Crescent, Southall, Greater London UB2 5ES3
£535K01/230.73 mi77, Park Avenue, Southall, Greater London UB1 3AJ3
£260K12/200.73 mi6, Derley Road, Southall, Greater London UB2 5EJ3
£325K03/210.75 mi15, Marlow Road, Southall, Greater London UB2 4NS3
£475K08/230.75 mi6, Newman Road, Hayes, Greater London UB3 3AL3
£575K07/230.76 mi10, Montague Road, Southall, Greater London UB2 5PB3
£228.4K05/210.76 mi73, Evelyn Grove, Southall, Greater London UB1 2BP3

Local Rents

15 rents from £1.8K/mo to £2.9K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,30010/240.23 mi-3
£2,90010/240.24 miAccolade Avenue, Southall, UB13
£2,80002/250.26 mi-3
£2,49010/240.36 mi-3
£2,90011/240.39 mi-3
£2,50001/240.41 mi-3
£1,80002/250.55 mi-3
£2,20010/240.56 mi-3
£2,20011/240.56 mi-3
£2,20012/240.57 mi-3
£2,20001/250.57 mi-3
£2,20002/250.58 mi-3
£2,15003/250.59 mi-3
£2,60012/240.61 mi-3
£2,40004/250.61 mi-3

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.71 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+24%

Property History

Listed for £590,000

September 27, 2024

Floor Plans

Description

  • Spacious 3-bedroom end-terrace freehold home with off-street parking for 2 cars and a rear garage. +
  • Modern fully-fitted kitchen, large reception room, shower room, and private garden. +
  • Potential to extend further, subject to planning permission (STPP). +
  • Prime location near Southall Broadway, shops, amenities, and excellent bus routes. +
  • Close to Southall Crossrail and Waterside Development with great transport links to Heathrow, Centra +
  • Call NOW for further details! Viewings Available! Not to be Missed! +

Hiltons Estates proudly offers this impressive three-bedroom end-terrace freehold home, complete with off-street parking for two cars and a rear garage. This well-maintained property welcomes you with a bright entrance hallway, leading to a spacious reception room, a sleek, modern fully-fitted kitchen, and a convenient ground-floor shower room. The private rear garden offers peaceful outdoor space, and side access takes you to the garage. Upstairs, the property features three generous bedrooms and a stylish family bathroom. With potential for future extensions (subject to planning permission), this home offers room to grow. Situated just a short walk from the vibrant Southall Broadway, the location provides easy access to a variety of shops, amenities, and frequent bus routes. The nearby Southall Crossrail station and Waterside Development offer enhanced transport links to Heathrow, Central London, and major routes like the M4 and M25. Ideal for families, commuters, investors, or developers, this property is an exceptional opportunity. Don't miss out-schedule your viewing today!

Agent Details

Hiltons Estates, Broadway Southall

020 8129 6043

Next Steps?

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