2 Bed Flat, Single Let, Northolt, UB5 6FW, £300,000

Waxlow Way, Northolt, Middlesex, UB5 6FW - 4 months ago

Leasehold
BTL
ROI: 3%
~63 m²
+9 photos

ValuationUndervalued

Sold Prices£175K - £463K
Sold Prices/m²£3K/m² - £7.4K/m²

 

 

Square Metres

~63.20 m²
Price/m²£4.7K/m²

Value Estimate

£325,783
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,300

Rent Estimate

£1,500

Running Costs/mo

£1,258

Cashflow/mo

£243

Cashflow/yr

£2,910

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £175K to £463K, average is £300K. £3K/m² to £7.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£295K08/210 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£285K02/210.07 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.07 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£235K11/220.12 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.12 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£415K11/220.21 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£191.3K09/200.31 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£463K08/220.32 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2
£310K03/230.36 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£279K06/230.43 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£300K12/220.47 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£338K02/210.47 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£350K11/230.53 mi71, Braund Avenue, Greenford, Greater London UB6 9JJ2
£345K02/230.55 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£277.5K04/210.56 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£343K01/240.57 mi22, Greenway Gardens, Greenford, Greater London UB6 9TT2
£295K05/230.57 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£345K10/220.58 mi10, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312.5K11/220.58 mi28a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£272.5K03/230.59 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£312K09/230.6 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£360K04/230.61 mi8, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£285K04/230.61 mi30, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£325K04/210.65 mi34, Eastmead Avenue, Greenford, Greater London UB6 9RB2
£357K03/230.65 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£288K08/230.66 mi38, Union Road, Northolt, Greater London UB5 6UE2
£300K09/230.67 mi22, Stickleton Close, Greenford, Greater London UB6 9RQ2
£335K11/200.67 mi18, Stickleton Close, Greenford, Greater London UB6 9RQ2
£275K02/210.68 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£265K07/230.7 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£325K02/230.72 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£305K01/230.72 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£335K10/200.75 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£267K01/230.76 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£285K11/200.76 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£343K12/220.76 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£200K02/210.81 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£305K01/210.84 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£355K12/220.84 mi32, Ferrymead Avenue, Greenford, Greater London UB6 9TJ2
£295K06/210.85 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£350K03/210.86 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£194K06/210.86 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.86 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£320K03/230.87 mi46, Mount Avenue, Southall, Greater London UB1 2LH2
£220K10/220.89 mi54, Wallis Road, Southall, Greater London UB1 3LA2
£286K08/230.9 mi58, Barbican Road, Greenford, Greater London UB6 9DH2
£265K04/210.9 mi13, Barbican Road, Greenford, Greater London UB6 9DH2
£350K12/220.9 mi46, Garden Close, Northolt, Greater London UB5 5ND2

Local Rents

17 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55010/240.02 miWaxlow Way, Northolt2
£1,75002/250.04 mi-2
£1,75002/250.06 mi-2
£1,85012/240.06 mi-2
£1,89001/250.06 mi-2
£1,75002/250.06 mi-2
£1,85003/250.06 mi-2
£1,50010/240.2 miTaywood Road, Northolt2
£1,79502/250.22 mi-2
£1,65010/240.3 miNortholt, UB52
£1,65010/240.35 mi-2
£1,85002/240.37 mi-2
£1,65010/240.47 miRuislip Road, Greenford2
£1,50003/250.49 mi-2
£2,30010/240.49 mi-2
£2,20012/240.51 mi-2
£1,45010/240.62 miDehavilland Close, Northolt, UB52

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £300,000

March 20, 2025

Price changed to £310,000

January 11, 2025

Listed for £330,000

November 13, 2024

Floor Plans

Description

  • Upper Floor Apartment +
  • Overlooking the Marina +
  • Lift Access to Upper Floors +
  • Lounge with Double Aspect Doors and Juliet Balconies +
  • Kitchen +
  • Two Bedrooms +
  • Ensuite Shower Room to Master Bedroom +
  • Bathroom +
  • Communal Gardens +

Presenting this well-presented waterfront apartment located on the upper floor of a prestigious development with lift access. Boasting stunning views of the marina, this two bedroom property offers a lovely contemporary living space. The spacious living area has double-aspect doors with Juliet balconies and is flooded with natural light, creating a bright and inviting atmosphere. The separate modern kitchen is equipped with is perfect for cooking and entertaining. Both bedrooms are well-appointed, the master has an en-suite shower room and separate bathroom. The development, also benefits from having residents communal gardens for relaxing in the finer weather. Situated in a prime waterfront location, this property offers a perfect blend of tranquillity and urban living. Don't miss out on the opportunity to make this apartment your new home. Contact us today to arrange a viewing.

Agent Details

Gibbs Gillespie, Ruislip Manor, covering Northolt

020 3834 8489

Next Steps?

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