3 Bed Flat, Single Let, Northolt, UB5 6UB, £345,000

Union Road, Northolt, UB5 6UB - 2 months ago

Leasehold
BTL
ROI: 5%
~93 m²
+5 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£86,250

Stamp Duty & Legal Fees

£16,700

Total Cash In

£102,950

 

 

Cash Out

 

Rent Range

£1,950 - £3,000

Rent Estimate

£1,950

Running Costs/mo

£1,488

Cashflow/mo

£462

Cashflow/yr

£5,543

ROI

5%

Gross Yield

7%













Local Rents

14 rents from £1.9K/mo to £3K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,50003/250.05 mi-3
£2,10010/240.06 mi-3
£1,95012/240.18 mi-3
£1,95002/250.18 mi-3
£2,75011/240.23 mi-3
£2,50002/250.35 mi-3
£1,95001/250.4 mi-3
£2,10010/240.47 mi-3
£2,40010/240.47 mi-3
£3,00010/240.49 miFort Road, Northolt, Middlesex, UB53
£2,35011/240.54 mi-3
£2,00010/240.57 mi-3
£2,40011/240.6 mi-3
£1,95010/240.62 mi-3

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £345,000

February 12, 2025

Listed for £350,000

January 10, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • SPLIT LEVEL FLAT +
  • SECOND AND THIRD FLOOR +
  • NEW LEASE OF 176 YEARS UPON COMPLETION +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZED WINDOWS +
  • JULIET BALCONY +
  • NO UPPER CHAIN +

Bennett Holmes are pleased to offer this three bedroom, split level flat situated in a residential location in Northolt. The property is on the second and third floor (top floor). The property is located off Kensington Road and is within easy reach of local shops, bus links, the A40 and Northala fields. Northolt's Central Line station is within 0.9 miles. Other benefits include a new lease of 176 years upon completion, a Juliet balcony, double glazed windows, gas central heating and no upper chain.

Agent Details

Bennett Holmes, Northolt

020 3835 2107

Next Steps?

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