2 Bed Flat, Single Let, Southall, UB1 3QS, £320,000

Longford Avenue, Southall, UB1 3QS - 2 views - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£137.5K - £467.5K
Sold Prices/m²£2.5K/m² - £6.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.7K/m²

Value Estimate

£300,823

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£14,300

Total Cash In

£94,300

 

 

Cash Out

 

Rent Range

£1,600 - £2,100

Rent Estimate

£1,600

Running Costs/mo

£1,340

Cashflow/mo

£260

Cashflow/yr

£3,120

ROI

3%

Gross Yield

6%

Local Sold Prices

25 sold prices from £137.5K to £467.5K, average is £289.9K. £2.5K/m² to £6.4K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£195K06/210.04 mi9, Mark Close, Southall, Greater London UB1 3QJ2
£300K09/220.05 mi11, Atherton Place, Southall, Greater London UB1 3QT2
£280K10/210.08 mi11, Addison Place, Southall, Greater London UB1 3QX2
£292K05/230.17 mi12a, Melrose Drive, Southall, Greater London UB1 3QA2
£467.5K06/210.37 mi4, Boyd Avenue, Southall, Greater London UB1 3BT2
£350K12/200.41 mi174, North Road, Southall, Greater London UB1 2JX2
£320K03/230.45 mi46, Mount Avenue, Southall, Greater London UB1 2LH2
£427K04/210.45 miFlat 5, Chaucer House, Hilda Road, Southall, Greater London UB2 4FN2
£289.9K11/220.45 mi28, Cubitt Square, Southall, Greater London UB2 4UA2
£137.5K06/210.52 mi12, Cubitt Square, Southall, Greater London UB2 4UA2
£250K10/210.53 mi16, Swan Road, Southall, Greater London UB1 3JT2
£280K08/230.54 mi11, Whittle Close, Southall, Greater London UB1 3JU2
£220K10/220.55 mi54, Wallis Road, Southall, Greater London UB1 3LA2
£320K11/200.64 miFlat 30, Osterley Views, West Park Road, Southall, Greater London UB2 4UN2
£460K06/210.64 miFlat 2, Artesian Lodge, Hilda Road, Southall, Greater London UB2 4FL2
£390K06/210.65 miFlat 32, Osterley Gardens, Chevy Road, Southall, Greater London UB2 4UW2
£330K10/220.66 mi7, Barbican Road, Greenford, Greater London UB6 9DH2
£268K06/230.66 mi20, Greenford Road, Greenford, Greater London UB6 9AT2
£275K02/210.67 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£286K08/230.68 mi58, Barbican Road, Greenford, Greater London UB6 9DH2
£265K04/210.68 mi13, Barbican Road, Greenford, Greater London UB6 9DH2
£357K03/230.71 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£256K02/230.86 mi23a, Portland Road, Southall, Greater London UB2 4BX2
£350K03/210.92 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£220K02/230.97 mi173, Berwick Avenue, Hayes, Greater London UB4 0NJ2

Local Rents

17 rents from £1.6K/mo to £2.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.03 mi-2
£2,00010/240.03 mi-2
£1,70010/240.18 mi-2
£1,80001/250.35 mi-2
£1,60010/240.46 mi-2
£1,65010/240.46 mi-2
£1,60011/240.46 mi-2
£1,70003/250.46 mi-2
£1,80001/250.54 mi-2
£2,10002/250.56 mi-2
£2,10002/250.56 mi-2
£2,10002/250.56 mi-2
£1,80001/250.59 mi-2
£1,70010/240.6 mi-2
£1,90002/250.6 mi-2
£1,70002/250.61 mi-2
£2,00010/240.62 miHealum Avenue, Southall2

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £320,000

December 4, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Leasehold +
  • Garage +
  • Top Floor +
  • Approx 102 Years Lease +
  • Convenient Location +
  • Council Tax Band - +
  • EPC Rating - D +

Brian Cox & Company are pleased to present this two double bedroom purpose built flat to the market. There are tenants in situ that are happy to stay for any buy to let investors or the property can be sold with vacant possession for any first time buyers looking to get on the property ladder. The property requires some updating but is a very generous size and offers huge potential to be something spectacular! Call NOW to arrange your viewing on this chain free property!

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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