2 Bed Flat, Single Let, Southall, UB1 3PB, £300,000

2119 Ruislip Road, Greenford, Middlesex, UB6 9QD - 5 views - 4 months ago

Leasehold

BTL

ROI: 4%

~68 m²

+1 photos

ValuationUndervalued

Sold Prices	£137.5K - £467.5K
Sold Prices/m²	£2.5K/m² - £8.3K/m²

Square Metres	~68.11 m²
Price/m²	£4.4K/m²
Value Estimate	£375,000£375,000
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£12,700£12,700
Total Cash In	£87,700£87,700

Cash Out
Rent Range	£1,600 - £3,300£1,600 - £3,300
Rent Estimate	£1,600
Running Costs/mo	£1,278£1,278
Cashflow/mo	£323£323
Cashflow/yr	£3,870£3,870
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

51 sold prices from £137.5K to £467.5K, average is £350K. £2.5K/m² to £8.3K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£268K	06/23	0.14 mi	20, Greenford Road, Greenford, Greater London UB6 9AT	-	-	2	Flat
£250K	10/21	0.32 mi	16, Swan Road, Southall, Greater London UB1 3JT	£2,874	87	2	Flat
£330K	10/22	0.34 mi	7, Barbican Road, Greenford, Greater London UB6 9DH	£5,156	64	2	Flat
£280K	08/23	0.34 mi	11, Whittle Close, Southall, Greater London UB1 3JU	£3,957	71	2	Flat
£265K	04/21	0.36 mi	13, Barbican Road, Greenford, Greater London UB6 9DH	£4,417	60	2	Flat
£286K	08/23	0.36 mi	58, Barbican Road, Greenford, Greater London UB6 9DH	£5,651	51	2	Flat
£220K	10/22	0.37 mi	54, Wallis Road, Southall, Greater London UB1 3LA	£4,490	49	2	Flat
£300K	09/22	0.52 mi	11, Atherton Place, Southall, Greater London UB1 3QT	£4,762	63	2	Flat
£280K	10/21	0.52 mi	11, Addison Place, Southall, Greater London UB1 3QX	-	-	2	Flat
£350K	03/21	0.53 mi	2b, Portland Crescent, Greenford, Greater London UB6 9EU	-	-	2	Flat
£195K	06/21	0.55 mi	9, Mark Close, Southall, Greater London UB1 3QJ	£3,421	57	2	Flat
£427K	04/21	0.57 mi	Flat 5, Chaucer House, Hilda Road, Southall, Greater London UB2 4FN	£4,106	104	2	Flat
£320K	03/23	0.59 mi	46, Mount Avenue, Southall, Greater London UB1 2LH	£4,324	74	2	Flat
£350K	12/20	0.63 mi	174, North Road, Southall, Greater London UB1 2JX	-	-	2	Flat
£137.5K	06/21	0.64 mi	12, Cubitt Square, Southall, Greater London UB2 4UA	£2,546	54	2	Flat
£400K	02/21	0.66 mi	7, Mayfield Gardens, London, Greater London W7 3RB	£5,970	67	2	Flat
£430K	11/22	0.67 mi	63a, Gifford Gardens, London, Greater London W7 3AS	£6,056	71	2	Flat
£400K	11/23	0.67 mi	1, Gifford Gardens, London, Greater London W7 3AS	£6,557	61	2	Flat
£415K	12/23	0.67 mi	11, Brentmead Close, London, Greater London W7 3EW	£6,694	62	2	Flat
£292K	05/23	0.67 mi	12a, Melrose Drive, Southall, Greater London UB1 3QA	-	-	2	Flat
£320K	11/20	0.68 mi	Flat 30, Osterley Views, West Park Road, Southall, Greater London UB2 4UN	-	-	2	Flat
£390K	06/21	0.7 mi	Flat 32, Osterley Gardens, Chevy Road, Southall, Greater London UB2 4UW	-	-	2	Flat
£460K	06/21	0.73 mi	Flat 2, Artesian Lodge, Hilda Road, Southall, Greater London UB2 4FL	£6,301	73	2	Flat
£289.9K	11/22	0.73 mi	28, Cubitt Square, Southall, Greater London UB2 4UA	£6,443	45	2	Flat
£430K	02/21	0.76 mi	178, Greenford Avenue, London, Greater London W7 3QT	£6,825	63	2	Flat
£375K	04/23	0.76 mi	194, Greenford Avenue, London, Greater London W7 3QT	£6,375	59	2	Flat
£385K	11/21	0.78 mi	148, Greenford Avenue, London, Greater London W7 3QT	£6,875	56	2	Flat
£275K	02/21	0.78 mi	Flat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT	-	-	2	Flat
£430K	02/23	0.8 mi	388, Greenford Avenue, London, Greater London W7 3DB	£6,515	66	2	Flat
£375K	01/23	0.8 mi	123, Greenford Avenue, London, Greater London W7 1HA	£8,333	45	2	Flat
£350K	03/24	0.8 mi	129, Greenford Avenue, London, Greater London W7 1HA	£6,250	56	2	Flat
£430K	01/21	0.81 mi	40a, Lawn Gardens, London, Greater London W7 3JN	£7,017	61	2	Flat
£425K	07/23	0.81 mi	Ground Floor Flat, 19, Lawn Gardens, London, Greater London W7 3JN	£7,589	56	2	Flat
£397.5K	01/21	0.81 mi	Ground Floor Flat, 19, Lawn Gardens, London, Greater London W7 3JN	£7,098	56	2	Flat
£350K	10/22	0.82 mi	23, Clifton Road, Greenford, Greater London UB6 8SP	-	-	2	Flat
£357K	03/23	0.84 mi	202, Lady Margaret Road, Southall, Greater London UB1 2RU	£5,302	67	2	Flat
£350K	11/23	0.84 mi	71, Braund Avenue, Greenford, Greater London UB6 9JJ	£6,038	58	2	Flat
£320K	05/21	0.85 mi	462, Greenford Avenue, London, Greater London W7 3DD	£6,531	49	2	Flat
£415K	07/23	0.86 mi	8a, Laurel Gardens, London, Greater London W7 3JG	-	-	2	Flat
£467.5K	06/21	0.88 mi	4, Boyd Avenue, Southall, Greater London UB1 3BT	-	-	2	Flat
£410K	01/23	0.89 mi	Flat 12, York Mansions, York Avenue, London, Greater London W7 3HT	-	-	2	Flat
£446.5K	08/23	0.92 mi	45, Tennyson Road, London, Greater London W7 1LH	£7,833	57	2	Flat
£380K	11/23	0.92 mi	37, Tennyson Road, London, Greater London W7 1LH	£6,909	55	2	Flat
£310K	03/23	0.92 mi	71, York Avenue, London, Greater London W7 3HY	£5,000	62	2	Flat
£310K	03/23	0.92 mi	71, York Avenue, London, Greater London W7 3HY	£5,000	62	2	Flat
£425K	05/21	0.93 mi	55, Milton Road, London, Greater London W7 1LQ	-	-	2	Flat
£440K	06/21	0.94 mi	21a, Balfour Avenue, London, Greater London W7 3HS	-	-	2	Flat
£450K	08/23	0.96 mi	17a, Cowper Road, London, Greater London W7 1EL	£7,009	64	2	Flat
£355K	10/23	0.96 mi	Flat 5, Diamond Court, Cherington Road, London, Greater London W7 3JL	-	-	2	Flat
£300K	09/23	0.97 mi	22, Stickleton Close, Greenford, Greater London UB6 9RQ	£5,556	54	2	Flat
£335K	11/20	0.97 mi	18, Stickleton Close, Greenford, Greater London UB6 9RQ	£4,926	68	2	Flat

Local Rents

10 rents from £1.6K/mo to £3.3K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	01/25	0.19 mi	-	2	Flat
£2,000	03/25	0.26 mi	-	2	Terraced House
£1,600	12/24	0.52 mi	-	2	Flat
£2,000	10/24	0.52 mi	-	2	Flat
£1,600	10/24	0.57 mi	-	2	Flat
£1,650	10/24	0.57 mi	-	2	Flat
£1,600	11/24	0.57 mi	-	2	Flat
£1,700	03/25	0.57 mi	-	2	Flat
£3,300	02/25	0.59 mi	-	2	Semi-Detached House
£1,800	12/24	0.59 mi	-	2	Flat

Local Area Statistics

Population in UB1	39,84839,848
Population in Southall	72,27372,273
Town centre distance	0.81 miles away0.81 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.83 miles away0.83 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+23%+23%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+27%+27%

Property History

Listed for £300,000

November 20, 2024

Floor Plans

Description

Chain Free +
Immaculate Condition +
Two Double Bedrooms +
Modern Fitted Kitchen +
Walking Distance To Bus Links +
Moments Away From Local Amenities +

Perkins are proud to present this two bedroom flat located in Southall available chain free. This home offers two double bedrooms, modern fitted kitchen, spacious living room and bathroom.

Being situated moments away from Greenford Road offering an array of bus links and local amenities. You are also moments away from Ealing hospital and both primary and secondary schools. This home is the ideal first home for anyone looking to get on the ladder or the ideal investment.

Give The Perkins Team a call today to arrange a viewing!

Reception Room - 5.12 x 3.58 (16'9" x 11'8") - Wooden flooring, double glazed window and radiator.

Kitchen - 3.52 x 3.57 (11'6" x 11'8") - Fitted units, double glazed window and tiled flooring.

Bedroom One - 3.62 x 4.15 (11'10" x 13'7" ) - Double bedroom, wooden flooring, double glazed window and radiator.

Bedroom Two - 3.55 x 3.43 (11'7" x 11'3" ) - Double bedroom, radiator and double glazed window.

Bathroom - Bath, WC, hand basin, double glazed window and radiator.

Parking - Communal Parking Available/

Agent Details

Perkins Estate Agents, Greenford

020 3987 8000

Next Steps?

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

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