3 Bed Flat, Single Let, UB6 8QR, £325,000

Greenford Road, Greenford, UB6 8QR - 1 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 7%

~68 m²

+5 photos

ValuationFair Value

Sold Prices	£280K - £720K
Sold Prices/m²	£3.2K/m² - £9.1K/m²

Square Metres	~67.54 m²
Price/m²	£4.8K/m²
Value Estimate	£326,122£326,122

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£21,200£21,200
Total Cash In	£102,450£102,450

Cash Out
Rent Range	£1,750 - £2,700£1,750 - £2,700
Rent Estimate	£2,000
Running Costs/mo	£1,436£1,436
Cashflow/mo	£564£564
Cashflow/yr	£6,773£6,773
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

44 sold prices from £280K to £720K, average is £391.8K. £3.2K/m² to £9.1K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£325K	10/21	0.06 mi	1, Wessex Lane, Greenford, Greater London UB6 8XB	£3,611	90	3	Flat
£367K	06/21	0.07 mi	473, Greenford Road, Greenford, Greater London UB6 8RQ	£5,319	69	3	Flat
£410K	10/22	0.09 mi	15, Blenheim Close, Greenford, Greater London UB6 8ET	-	-	3	Flat
£330K	06/21	0.1 mi	4, Whiteoaks Lane, Greenford, Greater London UB6 8XE	£3,284	101	3	Flat
£345K	06/21	0.37 mi	2, Legion Road, Greenford, Greater London UB6 8XG	£3,876	89	3	Flat
£375K	06/21	0.37 mi	29, Legion Road, Greenford, Greater London UB6 8XG	£4,252	88	3	Flat
£365K	04/21	0.38 mi	3, Community Road, Greenford, Greater London UB6 8XF	£4,101	89	3	Flat
£360K	09/22	0.44 mi	508, Greenford Road, Greenford, Greater London UB6 8SH	£3,552	101	3	Flat
£608K	11/22	0.6 mi	180, Conway Crescent, Perivale, Greenford, Greater London UB6 8JF	£9,050	67	3	Flat
£375.5K	06/23	0.87 mi	130, Farrier Road, Northolt, Greater London UB5 6TY	£3,953	95	3	Flat
£385K	01/21	0.95 mi	320, Greenford Avenue, London, Greater London W7 3AD	-	-	3	Flat
£360K	09/21	1 mi	45, Stable Close, Northolt, Greater London UB5 6TW	£4,932	73	3	Flat
£386K	09/22	1.05 mi	26a, Queens Avenue, Greenford, Greater London UB6 9BX	£7,720	50	3	Flat
£360K	06/23	1.06 mi	38, Studland Road, London, Greater London W7 3QX	£5,806	62	3	Flat
£489.9K	11/21	1.28 mi	45, Wadham Gardens, Greenford, Greater London UB6 0BP	-	-	3	Flat
£280K	10/21	1.28 mi	49, Wallis Road, Southall, Greater London UB1 3LB	£3,294	85	3	Flat
£300K	05/24	1.29 mi	61, Wallis Road, Southall, Greater London UB1 3LB	£3,529	85	3	Flat
£397.5K	06/21	1.34 mi	23a, Dryden Avenue, London, Greater London W7 1ES	£5,846	68	3	Flat
£519K	10/21	1.36 mi	Flat 34, Edmonscote, Argyle Road, London, Greater London W13 0HQ	-	-	3	Flat
£536K	05/21	1.38 mi	85, Sherwood Avenue, Greenford, Greater London UB6 0PQ	£6,091	88	3	Flat
£625K	12/20	1.43 mi	144, Argyle Road, London, Greater London W13 8ER	£5,841	107	3	Flat
£520K	02/21	1.44 mi	Flat 6, Curzon House, Castlebar Park, London, Greater London W5 1BZ	-	-	3	Flat
£625K	02/23	1.45 mi	22a, Pitshanger Lane, Ealing, London, Greater London W5 1QY	£6,944	90	3	Flat
£475K	02/23	1.47 mi	5, Grafton Close, London, Greater London W13 0JL	£8,190	58	3	Flat
£475K	03/24	1.47 mi	82, Church Road, Hanwell, London, Greater London W7 3BE	£6,333	75	3	Flat
£385K	06/23	1.5 mi	144d, Shakespeare Road, Hanwell, London, Greater London W7 1LX	-	-	3	Flat
£490K	08/23	1.5 mi	Flat 42, Kenmure Mansions, Pitshanger Lane, Ealing, London, Greater London W5 1RJ	-	-	3	Flat
£490K	08/23	1.5 mi	Flat 42, Kenmure Mansions, Pitshanger Lane, Ealing, London, Greater London W5 1RJ	-	-	3	Flat
£480K	04/23	1.5 mi	Flat 23, Kenmure Mansions, Pitshanger Lane, Ealing, London, Greater London W5 1RJ	-	-	3	Flat
£470K	03/21	1.5 mi	Flat 42, Kenmure Mansions, Pitshanger Lane, Ealing, London, Greater London W5 1RJ	-	-	3	Flat
£485K	03/21	1.5 mi	Flat 43, Kenmure Mansions, Pitshanger Lane, London, Greater London W5 1RJ	-	-	3	Flat
£522.5K	06/21	1.72 mi	36a, Lawn Gardens, London, Greater London W7 3JN	£6,006	87	3	Flat
£425K	05/21	1.72 mi	71c, York Avenue, London, Greater London W7 3HY	£5,247	81	3	Flat
£338K	04/21	1.81 mi	11a, Newbury Way, Northolt, Greater London UB5 4JD	£4,829	70	3	Flat
£335K	03/21	1.82 mi	226, The Heights, Northolt, Greater London UB5 4BX	£3,851	87	3	Flat
£290K	06/21	1.86 mi	12, Attewood Road, Northolt, Greater London UB5 5SJ	£3,187	91	3	Flat
£300K	11/21	1.87 mi	23, Stroud Field, Northolt, Greater London UB5 5SL	£3,448	87	3	Flat
£370K	02/21	1.9 mi	Flat 34, Osterley Gardens, Chevy Road, Southall, Greater London UB2 4UW	£4,353	85	3	Flat
£650K	12/20	1.91 mi	Flat 17, Welsby Court, Eaton Rise, London, Greater London W5 2EX	-	-	3	Flat
£285K	06/21	1.92 mi	39, Comer Crescent, Southall, Greater London UB2 4XD	£5,582	51	3	Flat
£285K	02/21	1.92 mi	193, Radcliffe Way, Northolt, Greater London UB5 6HL	£3,654	78	3	Flat
£720K	03/21	1.93 mi	Flat 25, Montpelier Court, Montpelier Road, London, Greater London W5 2QN	-	-	3	Flat
£640K	11/20	1.95 mi	Flat 22, Thorpe Hall Mansions, Eaton Rise, London, Greater London W5 2HB	-	-	3	Flat
£535K	12/20	1.95 mi	Flat 11, Thorpe Hall Mansions, Eaton Rise, London, Greater London W5 2HB	-	-	3	Flat

Local Rents

18 rents from £1.8K/mo to £2.7K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,400	11/24	0.04 mi	-	3	Flat
£2,650	02/25	0.16 mi	-	3	Semi-Detached House
£2,300	10/24	0.27 mi	Hicks Avenue, Greenford	3	Flat
£2,300	10/24	0.27 mi	Hicks Avenue, Greenford, UB6	3	Flat
£2,700	10/24	0.34 mi	Oldfield Lane South, Greenford, UB6	3	Flat
£2,700	10/24	0.35 mi	Oldfield Lane South, Greenford, Greater London	3	Flat
£2,700	10/24	0.35 mi	Oldfield Lane South, Greenford	3	Flat
£2,700	10/24	0.35 mi	Oldfield Lane South, Greenford, Greater London, UB6	3	Flat
£2,000	10/24	0.37 mi	Stanhope Park Road, Greenford	3	Detached House
£2,300	03/25	0.38 mi	-	3	Semi-Detached House
£2,200	10/24	0.44 mi	Oldfield Lane North, Greenford, UB6	3	Detached House
£2,000	10/24	0.45 mi	-	3	Flat
£2,250	03/25	0.51 mi	-	3	Semi-Detached House
£1,750	01/25	0.51 mi	-	3	Flat
£1,750	01/25	0.51 mi	-	3	Flat
£2,100	11/24	0.53 mi	-	3	Flat
£2,450	03/25	0.57 mi	-	3	Terraced House
£2,300	11/24	0.61 mi	-	3	Semi-Detached House

Local Area Statistics

Population in UB6	50,94850,948
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.44 miles away0.44 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+23%+23%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £325,000

December 27, 2024

Floor Plans

Description

Chain free +
3 bedroom flat +
First floor +
Separate kitchen +
1 bathroom +
Communal gardens +
Walking distance to Central Line +
Walking distance to Greenford Broadway +
Close to highly regarded schools +
All safety certicates are available +

Ellis & Co are pleased to offer this ground floor flat for sale, located on Greenford Road.

Measuring in at 725 sq ft, this 3 double bedroom property benefits from plenty of natural sunlight, separate kitchen with gas hob, gas central heating, updated electrics, communal gardens and off street parking.

Located within walking distance to Greenford Station (Central Line) and close to abundant bus links and local amenities on the Greenford Broadway.

In close proximity to a number of schools rated Outstanding by Ofsted, including The Cardinal Wiseman Catholic School.

The flat is in good condition throughout, safety certificates are available and the sale is offered chain free, early viewings are highly recommended.

Service Charge: £1520 per annum (approx.)
Ground Rent: £10 per annum

Agent Details

Ellis & Co, Wembley

020 3834 8518

Next Steps?

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

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