2 Bed Flat, Single Let, Northolt, UB5 6RX, £285,000

Northolt, Middlesex, UB5 6RX - 3 months ago

Leasehold
BTL
ROI: 3%
~50 m²
+5 photos

ValuationOvervalued

Sold Prices£175K - £463K
Sold Prices/m²£3K/m² - £6.9K/m²

 

 

Square Metres

~50.17 m²
Price/m²£5.7K/m²

Value Estimate

£249,456

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£17,200

Total Cash In

£88,450

 

 

Cash Out

 

Rent Range

£1,450 - £2,350

Rent Estimate

£1,450

Running Costs/mo

£1,201

Cashflow/mo

£249

Cashflow/yr

£2,993

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £175K to £463K, average is £290K. £3K/m² to £6.9K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£310K03/230.32 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£191.3K09/200.37 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£340K11/210.38 mi17, Westend Gardens, Northolt, Greater London UB5 6QR2
£265K07/230.38 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£415K11/220.41 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£194K06/210.45 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.45 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£279K06/230.45 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£325K02/230.46 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£273K06/220.47 mi249, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£272.5K06/210.47 mi257a, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£375K03/230.48 mi60, Edward Road, Northolt, Greater London UB5 6QP2
£255K06/210.49 mi25a, Stratford Road, Hayes, Greater London UB4 9EL2
£297K02/230.49 mi87, Barnhill Road, Hayes, Greater London UB4 9AR2
£325K04/230.49 mi55, Barnhill Road, Hayes, Greater London UB4 9AR2
£290K10/220.51 mi26a, Stratford Road, Hayes, Greater London UB4 9EN2
£240K11/200.51 mi6a, Stratford Road, Hayes, Greater London UB4 9EN2
£280K01/210.51 mi28, Stratford Road, Hayes, Greater London UB4 9EN2
£285K02/210.51 mi1, Stratford Road, Hayes, Greater London UB4 9EL2
£350K09/230.52 mi15, Rushdene Crescent, Northolt, Greater London UB5 6NE2
£287.5K05/210.52 mi8, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.52 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.52 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£268K11/200.55 mi225, Shakespeare Avenue, Hayes, Greater London UB4 9AG2
£260K01/210.55 mi237a, Shakespeare Avenue, Hayes, Greater London UB4 9AG2
£325K11/220.55 mi6, Barnard Gardens, Hayes, Greater London UB4 9ER2
£280K10/200.55 mi3a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£312K09/200.55 mi8, Trevor Close, Northolt, Greater London UB5 6ND2
£350K03/230.55 mi27, Trevor Close, Northolt, Greater London UB5 6ND2
£295K12/230.56 mi8a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£270K01/210.56 mi11a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£343K12/220.58 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£320K06/210.58 mi108, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£330K11/200.59 mi2, Trevor Gardens, Northolt, Greater London UB5 6NB2
£315K12/200.59 mi112, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£295K08/210.6 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.6 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.6 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£310K02/210.63 mi3, Down Way, Northolt, Greater London UB5 6NP2
£285K02/210.63 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.63 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£235K11/220.64 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.64 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£261.5K09/220.65 miFlat 11, Green Acres House, Welbeck Avenue, Hayes, Greater London UB4 9JR2
£280K06/210.7 mi29, Vanbrough Crescent, Northolt, Greater London UB5 5JR2
£267K01/230.73 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£200K02/210.78 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£300K01/230.8 mi99, Bournemead Avenue, Northolt, Greater London UB5 6PX2
£350K12/220.85 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£463K08/220.92 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2

Local Rents

27 rents from £1.4K/mo to £2.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,45010/240.07 miDehavilland Close, Northolt, UB52
£1,85002/240.23 mi-2
£1,65010/240.25 mi-2
£2,20010/240.28 mi-2
£2,20012/240.29 mi-2
£1,50012/240.33 mi-2
£1,45010/240.35 miYeading Lane, Northolt, Middlesex, UB52
£2,35003/250.35 mi-2
£1,60010/240.37 miHammet Close, Hayes, Middlesex2
£1,80010/240.38 miWillow Tree Lane, Hayes2
£2,00011/240.38 mi-2
£1,50003/250.42 mi-2
£1,50010/240.47 miShakespeare Avenue, Hayes, Middlesex, UB42
£1,60010/240.5 miBarnhill Road, North Hayes, UB42
£2,00001/250.52 mi-2
£1,55010/240.56 miBarnard Gardens, Hayes, Middlesex, UB42
£1,50010/240.56 mi-2
£1,60010/240.57 mi-2
£1,75002/250.57 mi-2
£1,67510/240.58 mi-2
£1,75002/250.58 mi-2
£1,85012/240.58 mi-2
£1,89001/250.58 mi-2
£1,75002/250.58 mi-2
£1,55010/240.58 miWaxlow Way, Northolt2
£1,85003/250.59 mi-2
£1,65010/240.6 miNortholt, UB52

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.99 miles away

Nearest school

0.10 miles away

Nearest train station

1.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £285,000

December 10, 2024

Floor Plans

Description

  • Leasehold Term 189 years from 01/01/1992 +
  • Two Bedrooms +
  • Family Bathroom +
  • Reception Room +
  • Separate Kitchen +
  • 0.2 Miles From Primary Schools +
  • 0.4 Miles From Secondary Schools +
  • Chain Free +
  • Ideal First Time Buy Or Investment +

Property Description

Located in a residential area, this two bedroom apartment features a modern bathroom, double glazed windows, electric heating, entryphone system and is situated less than 0.5 miles of local schools.

Agent Details

Chancellors, Northwood

01923 961739

Next Steps?

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