2 Bed Flat, Single Let, Northolt, UB5 6YL, £279,950

172 Rabournmead Drive, Northolt, UB5 6YL - 2 months ago

Leasehold
BTL
ROI: 5%
~50 m²
+7 photos

ValuationOvervalued

Sold Prices£152.4K - £386K
Sold Prices/m²£2.2K/m² - £8.1K/m²

 

 

Square Metres

~49.89 m²
Price/m²£5.6K/m²

Value Estimate

£257,245

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£69,988

Stamp Duty & Legal Fees

£16,695

Total Cash In

£86,683

 

 

Cash Out

 

Rent Range

£1,575 - £2,150

Rent Estimate

£1,606

Running Costs/mo

£1,216

Cashflow/mo

£390

Cashflow/yr

£4,679

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £152.4K to £386K, average is £316K. £2.2K/m² to £8.1K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£152.4K10/230.24 mi15a, Newbury Way, Northolt, Greater London UB5 4JD2
£265K03/210.29 mi11, Owen Close, Northolt, Greater London UB5 5TX2
£260K06/210.31 mi16, Priors Field, Northolt, Greater London UB5 5SG2
£260K09/230.32 mi15, Fortunes Mead, Northolt, Greater London UB5 5SF2
£290K05/210.35 mi837, Victoria Road, Ruislip, Greater London HA4 0JJ2
£285K05/210.35 mi843, Victoria Road, Ruislip, Greater London HA4 0JJ2
£305K11/200.35 mi845a, Victoria Road, Ruislip, Greater London HA4 0JJ2
£305K11/200.35 mi845a, Victoria Road, Ruislip, Greater London HA4 0JJ2
£305K10/200.37 mi33a, Diamond Road, Ruislip, Greater London HA4 0PD2
£312K02/210.37 mi51, Diamond Road, Ruislip, Greater London HA4 0PD2
£293K10/200.44 mi23, Millway Gardens, Northolt, Greater London UB5 5DU2
£325K04/230.45 mi26a, Kenilworth Avenue, Harrow, Greater London HA2 8SA2
£320K02/230.46 mi109, Eastcote Lane, Northolt, Greater London UB5 5RH2
£325K10/200.49 mi8a, Cedar Avenue, Ruislip, Greater London HA4 6UH2
£355K09/230.5 mi116, Islip Manor Road, Northolt, Greater London UB5 5ED2
£305K02/210.53 mi45, Ivy Close, Harrow, Greater London HA2 8RX2
£285K10/200.53 mi30, Ivy Close, Harrow, Greater London HA2 8RX2
£185K01/230.53 mi349b, Eastcote Lane, Harrow, Greater London HA2 8RY2
£330K04/230.61 mi214, Long Drive, Ruislip, Greater London HA4 0HY2
£386K02/210.62 mi22a, Great Central Avenue, Ruislip, Greater London HA4 6UD2
£321K03/210.64 miFlat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£318K12/230.65 mi537, Victoria Road, Ruislip, Greater London HA4 0HB2
£305K04/210.66 mi3, Petworth Close, Northolt, Greater London UB5 4HX2
£330K12/200.66 mi521, Victoria Road, Ruislip, Greater London HA4 0HA2
£308K12/200.66 miFlat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£340K01/230.68 mi661, Field End Road, Ruislip, Greater London HA4 0RG2
£360K07/230.69 mi7, Brighton Drive, Northolt, Greater London UB5 4DQ2
£310K10/230.71 miFlat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ2
£330K11/230.71 mi50a, Masson Avenue, Ruislip, Greater London HA4 6QU2
£300K05/230.71 miFlat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH2
£250K10/230.71 miFlat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW2
£338K04/210.73 mi512, Victoria Road, Ruislip, Greater London HA4 0EY2
£338K04/210.73 mi512, Victoria Road, Ruislip, Greater London HA4 0EY2
£365K08/230.76 mi476a, Victoria Road, Ruislip, Greater London HA4 0EX2
£228K12/200.77 mi11a, Station Parade, Northolt, Greater London UB5 5HR2
£329K11/210.78 mi6, Thirsk Close, Northolt, Greater London UB5 4DS2
£375K08/230.78 mi5a, Hardy Avenue, Ruislip, Greater London HA4 6SU2
£260K04/210.78 mi73, Wincanton Crescent, Northolt, Greater London UB5 4HQ2
£315K11/230.79 mi219, Ealing Road, Northolt, Greater London UB5 5HS2
£325K03/210.8 mi32b, East Mead, Ruislip, Greater London HA4 9HH2
£350K12/220.81 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£355K05/230.82 mi5, Cheltenham Close, Northolt, Greater London UB5 4DU2
£340K11/230.87 mi31, Glebe Avenue, Ruislip, Greater London HA4 6QZ2
£317K10/210.87 mi340, West End Road, Ruislip, Greater London HA4 6RD2
£339K03/230.88 mi7a, Wetherby Close, Northolt, Greater London UB5 4ED2
£307K06/210.88 mi1a, Wetherby Close, Northolt, Greater London UB5 4ED2
£350K07/210.88 mi3, Wetherby Close, Northolt, Greater London UB5 4ED2
£305K01/210.88 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£370K04/210.89 mi11, Weldon Close, Ruislip, Greater London HA4 6RA2
£200K02/210.9 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2

Local Rents

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

RentDateDistanceAddressBeds 
£1,95001/250.02 mi-2
£1,65010/240.04 miRabournmead Drive, Northolt, UB5 6YJ2
£1,57502/250.05 mi-2
£1,80010/240.15 miSandown Way, Northolt2
£1,80010/240.21 mi-2
£1,75010/240.22 miGraham Court, Northolt, UB52
£1,75010/240.22 mi-2
£1,69501/250.36 mi-2
£1,60010/240.42 miMillway Gardens, Northolt2
£2,15011/240.44 mi-2
£1,60012/240.5 mi-2
£1,80001/250.51 mi-2
£1,70002/250.53 mi-2
£1,95012/240.54 mi-2
£1,65004/240.55 miRoyal Crescent, Ruislip, HA42
£1,65004/240.55 miRoyal Crescent, Ruislip, Middlesex2
£1,95003/250.57 mi-2
£1,75010/240.58 miDukes Avenue, Northolt, UB52

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.75 miles away

Nearest school

0.30 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £279,950

January 23, 2025

Listed for £295,000

January 7, 2025

Floor Plans

Description

  • 2nd FLOOR PURPOSE BUILT 2 DOUBLE BEDROOM FLAT +
  • 250 YEAR LEASE REMAINING +
  • RESIDENCE CAR PARK WITH 2 ALLOCATED SPACES +
  • MODERN KITCHEN & BATHROOM +
  • WELL TENDED COMMUNAL GARDENS +
  • MODERN DEVELOPMENT +
  • CLOSE TO CENTRAL / PICCADILLY LINE STATIONS FOR BAKER STREET AND THE CITY +
  • WALKING DISTANCE TO VICTORIA ROAD RETAIL PARK +
  • CONVENIENT FOR FIELD END AND RUISLIP HIGH SCHOOL +

This is a very well presented 2nd floor purpose built 2 DOUBLE BEDROOM FLAT WITH A 250 YEAR REMAINING LEASEHOLD. You have Economy 7 electric storage heating, double glazed windows, well tended communal gardens and a residence car park with 2 ALLOCATED SPACES. The accommodation provides a carpeted communal entrance with entry phone system and stairs to both upper floors. Inner hallway with doors to all rooms and loft storage space. Spacious lounge, modern fitted kitchen and bathroom plus 2 double bedrooms. Rabournmead Drive is a quiet cul de sac in close proximity to South Ruislip / Eastcote and Northolt High Streets offering a selection of shops, cafes and restaurants. The Metropolitan/Piccadilly and Central lines are located nearby, providing access to Baker Street and the City. It is also conveniently located to Victoria Road Retail Park and Sainsburys plus the A40/M25 providing access into London. You are also conveniently located for a number of highly regarded schools including Field End and Ruislip High School.
Excellent First Time Buy or Buy to Let investment.

Agent Details

Charrison Davis, Hayes

020 3907 3451

Next Steps?

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