2 Bed Flat, Single Let, UB6 7QJ, £315,000

211C Horsenden Lane North, Greenford, UB6 7QJ - 1 views - 6 months ago

Leasehold

BTL

ROI: 6%

~57 m²

+7 photos

ValuationFair Value

Sold Prices	£200K - £380K
Sold Prices/m²	£4.2K/m² - £7K/m²

Square Metres	~56.60 m²
Price/m²	£5.6K/m²
Value Estimate	£320,506£320,506

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£78,750£78,750
Stamp Duty & Legal Fees	£13,900£13,900
Total Cash In	£92,650£92,650

Cash Out
Rent Range	£1,550 - £3,950£1,550 - £3,950
Rent Estimate	£1,800
Running Costs/mo	£1,364£1,364
Cashflow/mo	£436£436
Cashflow/yr	£5,228£5,228
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

20 sold prices from £200K to £380K, average is £347.5K. £4.2K/m² to £7K/m², average is £5.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£275K	06/21	0.28 mi	1520, Greenford Road, Greenford, Greater London UB6 0HR	-	-	2	Flat
£338K	05/21	0.32 mi	6, Northolt Gardens, Greenford, Greater London UB6 0LS	£5,902	57	2	Flat
£350K	08/23	0.64 mi	27, Thomas A Beckett Close, Wembley, Greater London HA0 2SH	£5,385	65	2	Flat
£308K	07/21	0.7 mi	9, Carlton Close, Northolt, Greater London UB5 4LQ	£5,049	61	2	Flat
£350K	06/23	0.74 mi	30, Sudbury Croft, Wembley, Greater London HA0 2QW	£5,826	60	2	Flat
£200K	01/23	0.77 mi	29, Sudbury Croft, Wembley, Greater London HA0 2QW	-	-	2	Flat
£350K	12/22	0.81 mi	11a, Central Road, Wembley, Greater London HA0 2LQ	-	-	2	Flat
£350K	08/21	0.85 mi	Ground Floor Flat, 22, District Road, Wembley, Greater London HA0 2LD	-	-	2	Flat
£380K	12/22	0.86 mi	11a, District Road, Wembley, Greater London HA0 2LE	£5,672	67	2	Flat
£275K	11/22	0.87 mi	20, Allington Close, Greenford, Greater London UB6 8PH	£4,583	60	2	Flat
£365K	11/22	0.87 mi	14, Elmwood Court, Wembley, Greater London HA0 2NT	£5,654	65	2	Flat
£245K	10/20	0.89 mi	786b, Harrow Road, Wembley, Greater London HA0 3EL	£4,224	58	2	Flat
£324K	06/21	0.9 mi	38, Buckingham Avenue, Perivale, Greenford, Greater London UB6 7RA	-	-	2	Flat
£368K	09/21	0.92 mi	90, Sudbury Court Road, Harrow, Greater London HA1 3SH	-	-	2	Flat
£350K	06/21	0.92 mi	92, Sudbury Court Road, Harrow, Greater London HA1 3SH	£5,833	60	2	Flat
£280K	02/21	0.96 mi	140, Buckingham Avenue, Perivale, Greenford, Greater London UB6 7RD	£4,828	58	2	Flat
£365K	10/23	0.97 mi	26, Fernwood Avenue, Wembley, Greater London HA0 2HF	£6,186	59	2	Flat
£345K	04/21	0.99 mi	105a, Birkbeck Avenue, Greenford, Greater London UB6 8LY	£7,041	49	2	Flat
£255K	09/21	0.99 mi	37a, Blenheim Road, Northolt, Greater London UB5 4TW	-	-	2	Flat
£360K	05/23	0.99 mi	37a, Blenheim Road, Northolt, Greater London UB5 4TW	-	-	2	Flat

Local Rents

24 rents from £1.6K/mo to £4K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	10/24	0.21 mi	-	2	Flat
£2,095	02/25	0.24 mi	-	2	Terraced House
£1,900	01/25	0.29 mi	-	2	Flat
£2,000	10/24	0.35 mi	-	2	Bungalow
£1,600	01/25	0.38 mi	-	2	Flat
£2,368	10/24	0.38 mi	The Glassworks, Greenford, Middlesex, UB6	2	Flat
£2,382	10/24	0.38 mi	The Glassworks, Greenford, Middlesex, UB6	2	Flat
£2,552	10/24	0.38 mi	The Glassworks, Greenford, Middlesex, UB6	2	Flat
£2,471	10/24	0.45 mi	Oldfield Lane North, Greenford, Middlesex, UB6	2	Flat
£2,538	10/24	0.45 mi	Oldfield Lane North, Greenford, Middlesex, UB6	2	Flat
£3,450	04/24	0.47 mi	-	2	Flat
£3,950	12/24	0.47 mi	-	2	Flat
£3,099	03/25	0.47 mi	-	2	Flat
£1,850	12/24	0.52 mi	-	2	Flat
£1,850	12/24	0.52 mi	-	2	Flat
£1,850	12/24	0.52 mi	-	2	Flat
£1,800	12/24	0.52 mi	-	2	Terraced House
£1,850	12/24	0.54 mi	-	2	Flat
£1,800	04/24	0.56 mi	-	2	Flat
£1,700	03/25	0.56 mi	-	2	Flat
£1,550	03/25	0.58 mi	-	2	Flat
£2,000	04/24	0.59 mi	Greenford Road, Sudbury Hill	2	Flat
£1,800	02/25	0.6 mi	-	2	Terraced House
£2,000	03/25	0.6 mi	-	2	Flat

Local Area Statistics

Population in UB6	50,94850,948
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.40 miles away0.40 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+23%+23%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Price changed to £315,000

December 4, 2024

Listed for £325,000

October 11, 2024

Floor Plans

Description

NO UPPER CHAIN +
185 YEAR LEASE REMAINING +
TWO DOUBLE BEDROOMS +
NO SERVICE CHARGE +
GROUND RENT - £150 PER ANNUM +
DOUBLE GLAZING & GAS CENTRAL HEATING +
COUNCIL TAX BAND - C +
EPC RATING - C +
LOCATED ON HORSENDEN LANE NORTH +
VIEWINGS STRICTLY BY APPOINTMENT +

Daniels are delighted to present to the market this two bedroom first floor flat with a long lease located on a popular road in North Greenford. The property is in a well presentable condition throughout, perfect for a young family trying to get their foot on the property ladder or a buy to let investment with expected rental income of £1,800pcm.

The property is located in an excellent residential position with ¼ mile from Horsenden Primary School and Horsenden Hill Open Space Sudbury Hill Piccadilly Line and Greenford Central Line (zone 4) stations are within approx. ½ mile. H17, 487 & 92 bus routes are all within approximately ¼ mile together with local shopping and recreational facilities.

Viewings are easily arranged so call now to avoid disappointment.

Agent Details

Daniels, North Wembley

020 3869 0875

Next Steps?

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

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ValuationFair Value

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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