9 Bed HMO, Northolt, UB5 6BH £915,000

Ruislip Road, Northolt, UB5 6BH - 71 views - a year ago
HMO
ROI: 7%
~279 m²
Property image

ValuationUndervalued

Sold Prices£300K - £690K
Sold Prices/m²£1.3K/m² - £11.8K/m²

 

 

Square Metres

~279 m²
Price/m²£3.3K/m²

Value Estimate

£1,107,150
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£228,750

Stamp Duty & Legal Fees

£61,900

Total Cash In

£290,650

 

 

Cash Out

 

Room Rate

£806

Gross Rent

£7,254

Running Costs/mo

£5,526

Cashflow/mo

£1,728

Cashflow/yr

£20,734

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £300K to £690K, average is £596.2K. £1.3K/m² to £11.8K/m², average is £5.5K/m².

Price
Date
Distance
Address
Beds
 
£450K05/250.18 mi325, Ruislip Road, Northolt UB5 6AS4
£450K05/250.18 mi325, Ruislip Road, Northolt UB5 6AS4
£650K05/230.45 mi404, Lady Margaret Road, Southall, Greater London UB1 2NL4
£570K05/220.46 mi413, Allenby Road, Southall, Greater London UB1 2HG4
£453K06/210.47 mi55, Greenway Gardens, Greenford, Greater London UB6 9TX4
£625K03/230.47 mi9, Darris Close, Hayes UB4 9RX4
£625K03/230.47 mi9, Darris Close, Hayes UB4 9RX4
£685K03/230.49 mi16, Darris Close, Hayes, Greater London UB4 9RX4
£625K03/230.49 mi9, Darris Close, Hayes, Greater London UB4 9RX4
£685K03/230.5 mi16, Darris Close, Hayes UB4 9RX4
£685K03/230.5 mi16, Darris Close, Hayes UB4 9RX4
£612K07/250.53 mi176, Ascot Gardens, Southall UB1 2SE4
£505K05/250.53 mi4, Cosgrove Close, Hayes UB4 9RH4
£505K05/250.53 mi4, Cosgrove Close, Hayes UB4 9RH4
£637.5K09/230.53 mi57, Crossmead Avenue, Greenford, Greater London UB6 9TZ4
£675K02/220.55 mi13, Strone Way, Hayes, Greater London UB4 9RU4
£420K06/210.55 mi65, Farrier Road, Northolt, Greater London UB5 6TU4
£675K02/220.55 mi13, Strone Way, Hayes UB4 9RU4
£675K02/220.55 mi13, Strone Way, Hayes UB4 9RU4
£580K11/210.6 mi426, Church Road, Northolt, Greater London UB5 5AS4
£550K02/240.62 mi454, Church Road, Northolt, Greater London UB5 5AT4
£625K02/240.63 mi341, Lady Margaret Road, Southall UB1 2PZ4
£625K02/240.63 mi341, Lady Margaret Road, Southall UB1 2PZ4
£625K02/240.63 mi341, Lady Margaret Road, Southall, Greater London UB1 2PZ4
£615K09/220.65 mi26, Marnham Crescent, Greenford, Greater London UB6 9SN4
£650K07/250.66 mi27, Lyndhurst Road, Greenford UB6 9QR4
£550K02/230.67 mi27, Hawtrey Avenue, Northolt, Greater London UB5 5JB4
£690K10/230.67 mi125, Ravenor Park Road, Greenford, Greater London UB6 9QZ4
£690K10/230.69 mi125, Ravenor Park Road, Greenford UB6 9QZ4
£690K10/230.69 mi125, Ravenor Park Road, Greenford UB6 9QZ4
£660K05/210.69 mi13, Kilpatrick Way, Hayes, Greater London UB4 9SX4
£430K01/230.7 mi97, Marnham Crescent, Greenford, Greater London UB6 9SY4
£540K03/230.71 mi89, Cornwall Avenue, Southall, Greater London UB1 2TQ4
£622K01/230.74 mi31, Pembroke Road, Greenford, Greater London UB6 9QP4
£592.5K04/250.74 mi1, Kilpatrick Way, Hayes UB4 9SX4
£592.5K04/250.74 mi1, Kilpatrick Way, Hayes UB4 9SX4
£300K02/230.74 mi15, Dorell Close, Southall, Greater London UB1 2SF4
£535K09/210.75 mi41, Friar Road, Hayes, Greater London UB4 9BZ4
£560K03/250.76 mi96, Somerset Road, Southall UB1 2TU4
£545K12/220.77 mi140, Somerset Road, Southall, Greater London UB1 2TX4
£520K07/230.78 mi100, Glencoe Road, Hayes, Greater London UB4 9SN4
£450K06/210.78 mi109, Somerset Road, Southall, Greater London UB1 2UE4
£645K11/240.79 mi161, Somerset Road, Southall UB1 2UG4
£580K08/230.8 mi33, Marian Close, Hayes, Greater London UB4 9DA4
£500K12/230.8 mi45, Harewood Avenue, Northolt, Greater London UB5 5DD4
£522K09/230.8 mi10, Alderney Gardens, Northolt, Greater London UB5 5BP4
£580K11/220.81 mi3, Mornington Road, Greenford, Greater London UB6 9HJ4
£609K06/210.81 mi31, Marina Approach, Hayes, Greater London UB4 9TB4
£600K06/220.83 mi2, St Stephens Close, Southall, Greater London UB1 2UL4
£502.5K06/210.84 mi35, Alderney Gardens, Northolt, Greater London UB5 5BS4

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.69 miles away

Nearest school

0.20 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £915,000

October 11, 2024

Floor Plans

Property image

Description

  • Driveway for 2 cars +
  • HMO Licensed Property +
  • High Yield +
  • Prime Investment Potential +
  • 9 En-suite Bedrooms. +
  • Garden +

Galaxy Real Estate is pleased to present a prime 9-beds property, featuring 5 beds designated for HMO use on Ruislip Road, Northolt. Featuring all en-suite bedrooms, a shared kitchen. This investment property includes a private garden. Close to amenities and transport, it-s an excellent opportunity for savvy landlords!

This outstanding investment opportunity is located on Ruislip Road in Northolt, UB5 is receiving a staggering amount of £9,000 PCM as rental income.The property is well maintained and features 9-bedroom out of which 5 are designated for House in Multiple Occupation (HMO) to provide both comfort and convenience, making it an ideal choice for savvy investors. With a prime location and an array of features, this property promises excellent rental potential in a vibrant community.

The layout of this HMO is thoughtfully designed to maximize space and privacy. On the ground floor, youll find three well-appointed bedrooms, each with its own en-suite bathroom, along with a shared kitchen that encourages a communal living experience. The first floor adds another four en-suite bedrooms, while the second floor completes the offering with three additional bedrooms. This setup not only meets the demands of modern living but also ensures a seamless flow for residents.

Adding to the property-s appeal is the practicality, with a driveway accommodating up to two cars. The private garden at the rear offers a tranquil outdoor space for relaxation or social gatherings, complemented by easy access through the side alley. This outdoor area enhances the living experience for residents, providing a welcome retreat in the heart of the city.

As a complete investment property, this HMO is fully compliant with regulations, making it a turn-key opportunity for landlords. With its proximity to local amenities, excellent transport links, and reputable schools, this property is not only a comfortable living space but also a sound financial investment. Don-t miss your chance to add this remarkable asset to your portfolio—contact Galaxy Real Estate today to arrange a viewing!

Agent Details

Galaxy Real Estate, Hayes

020 3840 3636

Next Steps?

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