4 Bed HMO, Southall, UB1 1BU, £600,000

Beaconsfield Road, Southall, UB1 1BU - 4 views - 6 months ago

Under Offer
HMO
ROI: 3%
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£360K - £900K
Sold Prices/m²£3K/m² - £9.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£674,495
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Room Rate

£950

Gross Rent

£3,800

Running Costs/mo

£3,259

Cashflow/mo

£542

Cashflow/yr

£6,498

ROI

3%

Gross Yield

8%

Local Sold Prices

31 sold prices from £360K to £900K, average is £580K. £3K/m² to £9.1K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£580K05/230.33 mi10, Cherry Avenue, Southall, Greater London UB1 1DF4
£660K01/240.34 mi17, Avenue Road, Southall, Greater London UB1 3BL4
£650K03/220.35 mi27, Villiers Road, Southall, Greater London UB1 3BS4
£485K12/210.38 mi27, Saxon Road, Southall, Greater London UB1 1QG4
£530K06/210.38 mi3, Dane Road, Southall, Greater London UB1 2EA4
£435K06/210.42 mi47a, Bankside, Southall, Greater London UB1 1NH4
£435K06/210.42 mi47a, Bankside, Southall, Greater London UB1 1NH4
£700K05/240.59 mi141, Northcote Avenue, Southall, Greater London UB1 2BB4
£710K09/230.65 mi100, Lady Margaret Road, Southall, Greater London UB1 2RH4
£475K10/220.65 mi32, Endsleigh Road, Southall, Greater London UB2 5QL4
£360K12/230.69 mi6, Kingsley Avenue, Southall, Greater London UB1 2NA4
£395K04/210.69 mi177, Western Road, Southall, Greater London UB2 5HP4
£625K05/230.7 mi120, North Road, Southall, Greater London UB1 2JR4
£625K05/230.7 mi120, North Road, Southall, Greater London UB1 2JR4
£510K08/210.72 mi68, Ashford Avenue, Hayes, Greater London UB4 0NA4
£645K04/230.81 mi152, North Road, Southall, Greater London UB1 2JX4
£900K03/220.81 mi32, Shaftesbury Avenue, Southall, Greater London UB2 4HH4
£550K04/210.83 mi50, Durdans Road, Southall, Greater London UB1 2RT4
£557.5K04/210.86 mi28, Longford Avenue, Southall, Greater London UB1 3QN4
£490K07/230.87 mi50, Burket Close, Southall, Greater London UB2 5NR4
£890K06/210.9 mi3, Sherborne Avenue, Southall, Greater London UB2 4HU4
£525K08/230.92 mi10, Tilney Road, Southall, Greater London UB2 5LT4
£525K06/230.93 mi113, Cranborne Waye, Hayes, Greater London UB4 0HR4
£600K10/230.95 mi89, Dorchester Waye, Hayes, Greater London UB4 0HY4
£660K04/220.95 mi128, Dormers Wells Lane, Southall, Greater London UB1 3JB4
£755K03/210.96 mi10, Manston Avenue, Southall, Greater London UB2 4HE4
£725K11/200.97 mi53, Melbury Avenue, Southall, Greater London UB2 4HS4
£570K03/220.97 mi102, Raleigh Road, Southall, Greater London UB2 5TP4
£487K04/210.97 mi44, Wentworth Road, Southall, Greater London UB2 5TS4
£730K05/220.98 mi51, Thorncliffe Road, Southall, Greater London UB2 5RL4
£705K08/230.99 mi75, Thorncliffe Road, Southall, Greater London UB2 5RL4

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £600,000

October 29, 2024

Floor Plans

Description

Galaxy Real Estate are pleased to present this fantastic HMO property located at Beaconsfield Road, Southall UB1, recently renovated to an exceptionally high standard. This modern investment opportunity features four spacious double en-suite bedrooms, each equipped with its own kitchenette, offering comfort and convenience for tenants.

Property Highlights:

4 double en-suite bedrooms with kitchenettes
Recently renovated to a high standard throughout
High-demand location just 2 minutes walking distance from the new Elizabeth Line, making it perfect for commuters
One room currently let at £950 PCM
Projected rental income of £3,800 to £4,000 PCM when fully occupied
Given the premium location and high demand for HMO properties in Southall, this property is ideal for investors seeking strong rental yields and capital growth potential. With the Elizabeth Line offering easy access to Central London, the demand for properties in this area is only set to increase.

The property is vacant and ready for new tenants, presenting an excellent opportunity for immediate rental income. Early viewings are highly recommended to secure this lucrative investment.

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 💪