3 Bed Terraced House, Refurb/BRRR, Southall, UB1 1EW, £500,000

Trinity Road, Southall, UB1 1EW - 3 views - 5 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£228.4K - £600K
Sold Prices/m²£3.1K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£481,034

 

 

End Value (After Refurb)

£511,500

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£49,088

Bridging Loan Interest

£13,125

Total Cash In

£217,663

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£511,500

Mortgage (After Refinance)

£383,625

Mortgage LTV

75%

Cash Released

£8,625

Cash Left In

£209,038

Equity

£127,875

Rent Range

£2,150 - £2,900

Rent Estimate

£2,397

Running Costs/mo

£2,098

Cashflow/mo

£299

Cashflow/yr

£3,590

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £228.4K to £600K, average is £488.8K. £3.1K/m² to £8.3K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£507K04/220.05 mi20, Woodlands Road, Southall, Greater London UB1 1EF3
£450K12/230.08 mi38, West End Road, Southall, Greater London UB1 1JH3
£487.5K09/230.13 mi31, Beresford Road, Southall, Greater London UB1 1NJ3
£600K01/230.13 mi40, Beresford Road, Southall, Greater London UB1 1NJ3
£486K01/230.13 mi129, Woodlands Road, Southall, Greater London UB1 1EJ3
£559K12/230.15 mi4, Ruskin Road, Southall, Greater London UB1 1PE3
£560K12/220.17 mi16, Abbotts Road, Southall, Greater London UB1 1HT3
£520K08/230.17 mi4, Abbotts Road, Southall, Greater London UB1 1HT3
£435K05/230.22 mi28, Oswald Road, Southall, Greater London UB1 1HW3
£455K11/200.22 mi85, Abbotts Road, Southall, Greater London UB1 1HR3
£465K10/220.22 mi46, Oswald Road, Southall, Greater London UB1 1HW3
£535K06/230.24 mi23, Saxon Road, Southall, Greater London UB1 1QG3
£555K11/220.24 mi31, Saxon Road, Southall, Greater London UB1 1QG3
£487K12/230.28 mi1, Tollgate Drive, Hayes, Greater London UB4 0NP3
£500K05/230.28 mi105, Oswald Road, Southall, Greater London UB1 1HJ3
£350K02/210.3 mi112, St Josephs Drive, Southall, Greater London UB1 1RW3
£555K08/230.32 mi158, St Josephs Drive, Southall, Greater London UB1 1RP3
£515K12/230.32 mi52, Orchard Avenue, Southall, Greater London UB1 1LG3
£430K10/200.34 mi10, Delamere Road, Hayes, Greater London UB4 0NL3
£455K12/200.35 mi89, Berwick Avenue, Hayes, Greater London UB4 0NH3
£410K02/210.36 mi25, St Josephs Drive, Southall, Greater London UB1 1RL3
£515K09/220.36 mi115, Berwick Avenue, Hayes, Greater London UB4 0NH3
£475K03/230.37 mi2, Lewis Road, Southall, Greater London UB1 1BT3
£440K05/210.37 mi2a, West Avenue, Southall, Greater London UB1 2AW3
£477.5K12/200.39 mi27, Orchard Avenue, Southall, Greater London UB1 1LF3
£467K10/200.39 mi20, South Avenue, Southall, Greater London UB1 2AH3
£448K12/200.39 mi46, Camden Avenue, Hayes, Greater London UB4 0PW3
£510K08/230.41 mi77, Ashford Avenue, Hayes, Greater London UB4 0NB3
£430K03/230.41 mi111, Ashford Avenue, Hayes, Greater London UB4 0NB3
£490K03/240.42 mi145, Ashford Avenue, Hayes, Greater London UB4 0ND3
£513K10/200.43 mi5, Greenford Avenue, Southall, Greater London UB1 2AA3
£495K10/230.44 mi24, Cerne Close, Hayes, Greater London UB4 0PR3
£550K10/230.54 mi55, Brookside Road, Hayes, Greater London UB4 0PJ3
£495K09/230.57 mi41, Evelyn Grove, Southall, Greater London UB1 2BW3
£540K01/230.57 mi23, Evelyn Grove, Southall, Greater London UB1 2BW3
£457K12/200.58 mi152, Dorchester Waye, Hayes, Greater London UB4 0HZ3
£475K02/230.59 mi17, Dudley Road, Southall, Greater London UB2 5AS3
£228.4K05/210.61 mi73, Evelyn Grove, Southall, Greater London UB1 2BP3
£490K03/230.61 mi34, Evelyn Grove, Southall, Greater London UB1 2BP3
£375K06/210.61 mi104, Clarence Street, Southall, Greater London UB2 5BW3
£500K04/240.63 mi35, Cranleigh Gardens, Southall, Greater London UB1 2BU3
£392.5K06/230.63 mi44, Clarence Street, Southall, Greater London UB2 5BN3
£490K01/240.64 mi107, Cranborne Waye, Hayes, Greater London UB4 0HR3
£515K05/230.65 mi90, Dorchester Waye, Hayes, Greater London UB4 0HY3
£535K01/230.67 mi77, Park Avenue, Southall, Greater London UB1 3AJ3
£410K10/200.68 mi7, Swanage Waye, Hayes, Greater London UB4 0NX3
£480K10/230.68 mi34, Waltham Road, Southall, Greater London UB2 5AW3
£320K05/210.69 mi115, Evelyn Grove, Southall, Greater London UB1 2BS3
£490K09/210.69 mi70, Evelyn Grove, Southall, Greater London UB1 2BS3
£510K07/230.69 mi94, Evelyn Grove, Southall, Greater London UB1 2BS3

Local Rents

15 rents from £2.1K/mo to £2.9K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,30010/240.08 mi-3
£2,80002/250.26 mi-3
£2,49010/240.27 mi-3
£2,90011/240.32 mi-3
£2,50001/240.33 mi-3
£2,90010/240.33 miAccolade Avenue, Southall, UB13
£2,20010/240.42 mi-3
£2,20011/240.42 mi-3
£2,20012/240.43 mi-3
£2,20001/250.43 mi-3
£2,60012/240.47 mi-3
£2,15003/250.47 mi-3
£2,65003/250.59 mi-3
£2,75003/250.62 mi-3
£2,20002/250.62 mi-3

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £500,000

October 23, 2024

Floor Plans

Description

  • Ready For Renovation +
  • Local Amenities +
  • Local Transport Links +
  • Spacious +
  • Book Now To Avoid Disappointment +
  • Sought After Location +
  • Three Bedrooms +
  • No Chain +
  • Virtual Tour!! +

The Property
This charming mid-terrace property offers spacious accommodation throughout, making it the perfect home for families, first-time buyers, or investors alike. Located in the vibrant and diverse area of Southall, Greater London, this home benefits from excellent transport links, local amenities, and schools, making it a highly sought-after location for homeowners and commuters.

The property boasts a bright and airy lounge that leads into a separate dining area, providing ample space for family meals or hosting guests. The kitchen offers great potential for redesign to suit modern living needs, with direct access to a private backyard, ideal for outdoor relaxation. The front garden adds to the overall appeal of this home, offering a green space that can be customized to your taste.
Upstairs, you will find three well-sized bedrooms, two of which are doubles, offering plenty of space for a growing family. The family bathroom is fitted with essential amenities and ready for refurbishment to suit your style.

Location: Situated in the bustling suburb of Southall, this property benefits from easy access to Southall station (Elizabeth Line), offering quick transport links to Central London and Heathrow Airport. Southall is renowned for its multicultural atmosphere, vibrant high street, and an array of shops, restaurants, and local services. Nearby parks and excellent schools make this a great location for families.

Don’t miss this opportunity to create your dream home in a prime location! Whether you're a growing family, an investor, or a first-time buyer, this property has all the potential you need to make it your own.

Book online 24/7 using brochure link

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Southall

020 3889 9171

Next Steps?

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