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

Taywood Road, Northolt UB5 6GF - 2 views - 4 months ago

Leasehold

BTL

ROI: 2%

~62 m²

+5 photos

ValuationUndervalued

Sold Prices	£191.3K - £463K
Sold Prices/m²	£3.2K/m² - £7.4K/m²

Square Metres	~61.72 m²
Price/m²	£4.9K/m²
Value Estimate	£325,629£325,629
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£93,700£93,700

Cash Out
Rent Range	£1,500 - £2,300£1,500 - £2,300
Rent Estimate	£1,350
Running Costs/mo	£1,228£1,228
Cashflow/mo	£123£123
Cashflow/yr	£1,470£1,470
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £191.3K to £463K, average is £311K. £3.2K/m² to £7.4K/m², average is £5.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£285K	02/21	0 mi	Apartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF	-	-	2	Flat
£315K	11/23	0 mi	Middlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF	£4,773	66	2	Flat
£235K	11/22	0.04 mi	Flat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU	-	-	2	Flat
£290K	11/23	0.04 mi	Brecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU	-	-	2	Flat
£295K	08/21	0.08 mi	Apartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW	-	-	2	Flat
£297K	07/23	0.08 mi	Apartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW	£4,790	62	2	Flat
£295K	06/21	0.08 mi	Apartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW	-	-	2	Flat
£415K	11/22	0.22 mi	75, Aspen Lane, Northolt, Greater London UB5 6XG	-	-	2	Flat
£191.3K	09/20	0.3 mi	57, Lamb Close, Northolt, Greater London UB5 6AJ	£3,750	51	2	Flat
£463K	08/22	0.3 mi	167, Westbury Avenue, Southall, Greater London UB1 2XB	-	-	2	Flat
£300K	12/22	0.41 mi	187, Ruislip Road, Greenford, Greater London UB6 9RZ	£6,000	50	2	Flat
£310K	03/23	0.41 mi	41, Helmsdale Close, Hayes, Greater London UB4 9QS	£4,697	66	2	Flat
£338K	02/21	0.41 mi	205, Ruislip Road, Greenford, Greater London UB6 9RZ	£5,828	58	2	Flat
£345K	02/23	0.48 mi	212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP	£6,161	56	2	Flat
£277.5K	04/21	0.48 mi	25, Banbury Walk, Northolt, Greater London UB5 6TJ	£3,153	88	2	Flat
£279K	06/23	0.5 mi	53, Acer Avenue, Hayes, Greater London UB4 9NP	£4,650	60	2	Flat
£350K	11/23	0.51 mi	71, Braund Avenue, Greenford, Greater London UB6 9JJ	£6,038	58	2	Flat
£343K	01/24	0.51 mi	22, Greenway Gardens, Greenford, Greater London UB6 9TT	£7,000	49	2	Flat
£295K	05/23	0.51 mi	10a, Greenway Gardens, Greenford, Greater London UB6 9TT	£5,900	50	2	Flat
£272.5K	03/23	0.52 mi	13, Star Path, Northolt, Greater London UB5 6TQ	-	-	2	Flat
£345K	10/22	0.52 mi	10, Greenway Gardens, Greenford, Greater London UB6 9TT	£7,340	47	2	Flat
£312.5K	11/22	0.52 mi	28a, Greenway Gardens, Greenford, Greater London UB6 9TT	£6,250	50	2	Flat
£312K	09/23	0.54 mi	52, Greenway Gardens, Greenford, Greater London UB6 9TU	£6,240	50	2	Flat
£360K	04/23	0.55 mi	8, Beechwood Avenue, Greenford, Greater London UB6 9UA	£7,377	49	2	Flat
£285K	04/23	0.55 mi	30, Beechwood Avenue, Greenford, Greater London UB6 9UA	-	-	2	Flat
£288K	08/23	0.58 mi	38, Union Road, Northolt, Greater London UB5 6UE	£3,740	77	2	Flat
£325K	04/21	0.59 mi	34, Eastmead Avenue, Greenford, Greater London UB6 9RB	£5,417	60	2	Flat
£300K	09/23	0.63 mi	22, Stickleton Close, Greenford, Greater London UB6 9RQ	£5,556	54	2	Flat
£335K	11/20	0.63 mi	18, Stickleton Close, Greenford, Greater London UB6 9RQ	£4,926	68	2	Flat
£305K	01/23	0.64 mi	138, Farrier Road, Northolt, Greater London UB5 6TY	£4,357	70	2	Flat
£335K	10/20	0.67 mi	Flat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH	-	-	2	Flat
£285K	11/20	0.68 mi	71, Farrier Road, Northolt, Greater London UB5 6TU	£3,800	75	2	Flat
£325K	02/23	0.69 mi	7, Parkfield Drive, Northolt, Greater London UB5 5NR	£5,250	62	2	Flat
£267K	01/23	0.7 mi	176, Makepeace Road, Northolt, Greater London UB5 5UJ	£4,944	54	2	Flat
£357K	03/23	0.71 mi	202, Lady Margaret Road, Southall, Greater London UB1 2RU	£5,302	67	2	Flat
£343K	12/22	0.73 mi	10, Mulberry Close, Northolt, Greater London UB5 5PP	-	-	2	Flat
£275K	02/21	0.73 mi	Flat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT	-	-	2	Flat
£200K	02/21	0.75 mi	26, Sycamore Close, Northolt, Greater London UB5 5BG	£4,107	49	2	Flat
£265K	07/23	0.76 mi	12, Hammet Close, Hayes, Greater London UB4 9RR	-	-	2	Flat
£305K	01/21	0.78 mi	3, Gulliver Close, Northolt, Greater London UB5 5QB	-	-	2	Flat
£355K	12/22	0.78 mi	32, Ferrymead Avenue, Greenford, Greater London UB6 9TJ	£5,917	60	2	Flat
£295K	06/21	0.78 mi	11, Chesterton Close, Greenford, Greater London UB6 9TE	£5,060	58	2	Flat
£350K	12/22	0.85 mi	46, Garden Close, Northolt, Greater London UB5 5ND	£6,034	58	2	Flat
£351.5K	05/23	0.85 mi	16, Melrose Avenue, Greenford, Greater London UB6 9TA	-	-	2	Flat
£330K	12/20	0.85 mi	10, Melrose Avenue, Greenford, Greater London UB6 9TA	£4,925	67	2	Flat
£350K	03/21	0.85 mi	2b, Portland Crescent, Greenford, Greater London UB6 9EU	-	-	2	Flat
£370K	12/20	0.9 mi	132, Millet Road, Greenford, Greater London UB6 9SJ	-	-	2	Flat
£352K	01/21	0.9 mi	109, Millet Road, Greenford, Greater London UB6 9SJ	£5,176	68	2	Flat
£370K	12/20	0.9 mi	132, Millet Road, Greenford, Greater London UB6 9SJ	-	-	2	Flat
£286K	08/23	0.91 mi	58, Barbican Road, Greenford, Greater London UB6 9DH	£5,651	51	2	Flat

Local Rents

17 rents from £1.5K/mo to £2.3K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,850	03/25	0.05 mi	-	2	Flat
£1,750	02/25	0.05 mi	-	2	Flat
£1,850	12/24	0.05 mi	-	2	Flat
£1,890	01/25	0.05 mi	-	2	Flat
£1,750	02/25	0.05 mi	-	2	Flat
£1,550	10/24	0.08 mi	Waxlow Way, Northolt	2	Flat
£1,750	02/25	0.11 mi	-	2	Flat
£1,500	10/24	0.13 mi	Taywood Road, Northolt	2	Flat
£1,795	02/25	0.14 mi	-	2	Flat
£1,650	10/24	0.24 mi	Northolt, UB5	2	Flat
£1,650	10/24	0.38 mi	-	2	Flat
£1,850	02/24	0.41 mi	-	2	Terraced House
£1,650	10/24	0.41 mi	Ruislip Road, Greenford	2	Flat
£2,300	10/24	0.44 mi	-	2	Flat
£1,500	03/25	0.56 mi	-	2	Semi-Detached House
£1,500	01/25	0.57 mi	-	2	Flat
£2,200	12/24	0.57 mi	-	2	Terraced House

Local Area Statistics

Population in UB5	45,15845,158
Population in Northolt	45,21745,217
Town centre distance	0.90 miles away0.90 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.37 miles away1.37 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+17%+17%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £300,000

November 28, 2024

Floor Plans

Description

TWO BED FIRST FLOOR FLAT +
TWO BATHROOM/SHOWROOMS +
LEASE APPROX 109 YEARS REMAINING +
CURRENTLY LET OUT AT £1350 PCM +
PRIVATE TERRACED +
1.6 MILES TO NORTHOLT STATION +

CHAIN FREE* Spacious Ground Floor Apartment in Middlewich House, Taywood Road, Northolt

Move Inn Estates is delighted to present this modern two-bedroom ground-floor apartment in a sought-after development by the Grand Union Canal. The property offers a range of desirable features, including allocated parking, two bathrooms (one en-suite), a spacious open-plan lounge and kitchen, a secure telephone entry system, and a private terrace perfect for relaxation.

Middlewich House is ideally situated close to essential amenities, with Tesco, local shops, bus stops, and reputable schools just a short walk away. Northolt’s fantastic transport links provide easy access to Central London and surrounding areas, making this a convenient location for both commuters and families alike.

Property Details:
Lease - 109 years approx
Service Charge - £300 pcm
Ground Rent - £200 p/a

This property would make an ideal first home or a great buy-to-let investment. Contact us today to arrange a viewing and see all this fantastic apartment has to offer.

Agent Details

Move Inn Estates Iver, Heston

020 3835 3655

Next Steps?

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

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