3 Bed Terraced House, Refurb/BRRR, Northolt, UB5 6BX, £500,000

, Northolt, Greater London, UB5 6BX - 3 views - 2 months ago

Refurb/BRRR
Planning
ROI: 1%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£380K - £565K
Sold Prices/m²£3.9K/m² - £7.3K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£497,153

 

 

End Value (After Refurb)

£465,716

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£49,200

Bridging Loan Interest

£13,125

Total Cash In

£219,775

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£465,716

Mortgage (After Refinance)

£349,287

Mortgage LTV

75%

Cash Left In

£219,775

Equity

£116,429

Rent Range

£1,600 - £2,750

Rent Estimate

£2,158

Running Costs/mo

£1,907

Cashflow/mo

£251

Cashflow/yr

£3,012

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £380K to £565K, average is £449.5K. £3.9K/m² to £7.3K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£425K10/200.03 mi15b, Greenhill Gardens, Northolt, Greater London UB5 6BU3
£395K03/210.03 mi19, Greenhill Gardens, Northolt, Greater London UB5 6BU3
£465K12/210.04 mi10, Towney Mead, Northolt, Greater London UB5 6BZ3
£439.9K06/210.05 mi12, Towney Mead, Northolt, Greater London UB5 6BZ3
£454K02/210.2 mi49, Kensington Road, Northolt, Greater London UB5 6AN3
£520K07/230.22 mi7, Crawford Gardens, Northolt, Greater London UB5 6BQ3
£455K09/200.22 mi1, Crawford Gardens, Northolt, Greater London UB5 6BQ3
£487.5K01/230.25 mi336, Ruislip Road, Northolt, Greater London UB5 6BG3
£463K10/220.3 mi75, Huxley Close, Northolt, Greater London UB5 5UD3
£425K06/210.34 mi280, Ruislip Road, Greenford, Greater London UB6 9RR3
£430K02/210.34 mi3, Lilliput Avenue, Northolt, Greater London UB5 5PY3
£525K01/220.35 mi7, Kenilworth Gardens, Southall, Greater London UB1 2QL3
£475K04/220.36 mi35, Adrienne Avenue, Southall, Greater London UB1 2QW3
£425K01/210.36 mi106, Makepeace Road, Northolt, Greater London UB5 5UQ3
£440K03/210.37 mi24, Founders Close, Northolt, Greater London UB5 6GN3
£462K10/220.37 mi16, Founders Close, Northolt, Greater London UB5 6GN3
£440K03/230.37 mi24, Founders Close, Northolt, Greater London UB5 6GN3
£430K12/220.37 mi11, Paddock Close, Northolt, Greater London UB5 6TS3
£410K06/210.38 mi9, Paddock Close, Northolt, Greater London UB5 6TS3
£522K09/230.39 mi46, Rosedene Avenue, Greenford, Greater London UB6 9SD3
£455K04/210.39 mi51, Rosedene Avenue, Greenford, Greater London UB6 9SD3
£400K12/230.4 mi34, Aspen Lane, Northolt, Greater London UB5 6XB3
£440K06/230.4 mi112, Lilliput Avenue, Northolt, Greater London UB5 5QA3
£400K01/240.41 mi1, Rosedene Avenue, Greenford, Greater London UB6 9SB3
£473K03/240.41 mi75, Parkfield Road, Northolt, Greater London UB5 5NW3
£499.5K10/210.41 mi17, Rosedene Avenue, Greenford, Greater London UB6 9SB3
£535K04/230.43 mi11, Neal Avenue, Southall, Greater London UB1 2QR3
£545K08/220.43 mi8, Neal Avenue, Southall, Greater London UB1 2QR3
£500K09/210.44 mi180, Ferrymead Avenue, Greenford, Greater London UB6 9TW3
£445K04/210.44 mi31, Parkfield Avenue, Northolt, Greater London UB5 5PW3
£445K04/210.44 mi31, Parkfield Avenue, Northolt, Greater London UB5 5PW3
£445K04/210.44 mi31, Parkfield Avenue, Northolt, Greater London UB5 5PW3
£445K04/210.44 mi31, Parkfield Avenue, Northolt, Greater London UB5 5PW3
£380K02/210.45 mi9, Dakota Gardens, Northolt, Greater London UB5 6EG3
£525K02/230.49 mi78, Greenway Gardens, Greenford, Greater London UB6 9TX3
£535K12/220.5 mi7, Ferrymead Drive, Greenford, Greater London UB6 9TS3
£425K10/200.51 mi17, Brazier Crescent, Northolt, Greater London UB5 6FB3
£428.5K01/240.51 mi45, Brazier Crescent, Northolt, Greater London UB5 6FB3
£545K07/230.51 mi4, Rectory Gardens, Northolt, Greater London UB5 5DN3
£490K02/240.52 mi135, Ferrymead Avenue, Greenford, Greater London UB6 9TN3
£415K11/200.53 mi26, Hillside Road, Southall, Greater London UB1 2PD3
£430K03/210.53 mi6, Langtry Road, Northolt, Greater London UB5 5JA3
£468K06/210.53 mi16, Kingston Close, Northolt, Greater London UB5 5AL3
£565K08/210.53 mi1, Godfrey Avenue, Northolt, Greater London UB5 5LY3
£565K08/210.53 mi1, Godfrey Avenue, Northolt, Greater London UB5 5LY3
£430K03/210.54 mi444, Lady Margaret Road, Southall, Greater London UB1 2NN3
£420K12/200.54 mi92, Kingston Close, Northolt, Greater London UB5 5AN3
£460K02/240.55 mi98, Kingston Close, Northolt, Greater London UB5 5AN3
£488.5K10/220.55 mi20, Kingston Close, Northolt, Greater London UB5 5AL3
£430K10/200.55 mi77, Beechwood Avenue, Greenford, Greater London UB6 9UD3

Local Rents

17 rents from £1.6K/mo to £2.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,50002/250.3 mi-3
£2,20002/250.35 mi-3
£2,75011/240.36 mi-3
£2,10012/240.37 mi-3
£2,50003/250.42 mi-3
£2,10010/240.43 mi-3
£2,00010/240.45 miChurch Road, Northolt3
£2,00010/240.45 miChurch Road, Northolt, UB53
£1,95012/240.48 mi-3
£1,95002/250.48 mi-3
£1,95010/240.49 mi-3
£1,60002/250.53 mi-3
£2,35011/240.57 mi-3
£2,10010/240.59 mi-3
£2,40010/240.59 mi-3
£2,20001/250.6 mi-3
£1,95001/250.61 mi-3

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.51 miles away

Nearest school

0.10 miles away

Nearest train station

1.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £500,000

January 23, 2025

Listed for £525,000

January 18, 2025

Floor Plans

Description

  • Front Garden +
  • Potential To Extend (STPP) +
  • Freehold +
  • Prime Location +
  • Close to public transport +
  • Large Private Garden +
  • Needs Refurbishment +

This charming three-bedroom terraced family home, nestled in the heart of Greenhill Gardens, Northolt, offers a perfect blend of comfort, convenience, and potential. Boasting a prime location within a quiet residential area, this property presents an exceptional opportunity for those seeking a small project of renovation and a well-connected lifestyle.

The property features a large private garden with side access, providing an ideal space for outdoor relaxation and entertaining. Additionally, the front garden offers the potential to be converted into a driveway for convenient off-street parking, adding further practicality to this inviting home. With the possibility to extend, subject to obtaining the necessary planning permissions, this property allows for future customization and expansion to suit the needs of a growing family.

Conveniently located just a short distance from a variety of amenities, residents can enjoy easy access to nearby supermarkets, including Tesco Express (0.56km) and ASDA Northolt Petrol Filling Station (0.79km), as well as an array of dining options at restaurants such as King Pizza & Kebab (0.78km) and The Village Pizza & Kebab (0.79km). The property also benefits from proximity to the Northolt, Broadmead Road bus stop (0.33km), providing seamless connections to the wider area.

In addition to its appealing features, this home is surrounded by an excellent selection of educational facilities, with Gifford Primary School (0.19km) and Belvue School (0.88km) in close proximity, ensuring that children have access to quality education just a stones throw away.

Furthermore, this sought-after location offers easy reach to a range of amenities, including the Greenford and Northolt Park railway stations, healthcare facilities such as Citydoc in-Pharmacy Travel Clinic, Southall (2.14km), and recreational venues like Greenford Sports Centre (0.64km), ensuring that residents can enjoy a well-rounded and fulfilling lifestyle.

With its potential for enhancement, convenient location, and access to a host of amenities, this property presents a rare opportunity for those seeking a comfortable and adaptable family home in a thriving and vibrant community.

Agent Details

Galaxy Real Estate, Hayes

020 3840 3636

Next Steps?

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