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

Byron Way, Northolt, UB5 6BL - 2 months ago

Leasehold
BTL
ROI: 5%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£175K - £463K
Sold Prices/m²£3K/m² - £7.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£336,771
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£69,988

Stamp Duty & Legal Fees

£11,096

Total Cash In

£81,084

 

 

Cash Out

 

Rent Range

£1,450 - £2,350

Rent Estimate

£1,500

Running Costs/mo

£1,195

Cashflow/mo

£305

Cashflow/yr

£3,662

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £175K to £463K, average is £305K. £3K/m² to £7.4K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£191.3K09/200.04 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£415K11/220.14 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£310K03/230.31 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£235K11/220.33 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.33 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£285K02/210.34 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.34 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£295K08/210.34 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.34 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.34 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£325K02/230.39 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£343K12/220.47 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£279K06/230.47 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£267K01/230.52 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£200K02/210.58 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£340K11/210.59 mi17, Westend Gardens, Northolt, Greater London UB5 6QR2
£265K07/230.61 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£277.5K04/210.63 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£463K08/220.64 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2
£272.5K03/230.67 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£350K12/220.67 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£345K02/230.67 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£305K01/210.68 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£300K12/220.69 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£375K03/230.7 mi60, Edward Road, Northolt, Greater London UB5 6QP2
£338K02/210.7 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£194K06/210.73 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.73 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£280K06/210.73 mi29, Vanbrough Crescent, Northolt, Greater London UB5 5JR2
£288K08/230.74 mi38, Union Road, Northolt, Greater London UB5 6UE2
£335K10/200.74 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£350K09/230.74 mi15, Rushdene Crescent, Northolt, Greater London UB5 6NE2
£305K01/230.79 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£343K01/240.79 mi22, Greenway Gardens, Greenford, Greater London UB6 9TT2
£295K05/230.79 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312K09/200.79 mi8, Trevor Close, Northolt, Greater London UB5 6ND2
£350K03/230.79 mi27, Trevor Close, Northolt, Greater London UB5 6ND2
£345K10/220.8 mi10, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312.5K11/220.8 mi28a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312K09/230.8 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£273K06/220.8 mi249, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£272.5K06/210.8 mi257a, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£330K11/200.81 mi2, Trevor Gardens, Northolt, Greater London UB5 6NB2
£255K06/210.82 mi25a, Stratford Road, Hayes, Greater London UB4 9EL2
£320K06/210.82 mi108, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£297K02/230.83 mi87, Barnhill Road, Hayes, Greater London UB4 9AR2
£325K04/230.83 mi55, Barnhill Road, Hayes, Greater London UB4 9AR2
£315K12/200.83 mi112, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£285K11/200.84 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£360K04/230.84 mi8, Beechwood Avenue, Greenford, Greater London UB6 9UA2

Local Rents

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

RentDateDistanceAddressBeds 
£1,65010/240.16 mi-2
£1,85002/240.19 mi-2
£1,65010/240.26 miNortholt, UB52
£1,75002/250.29 mi-2
£1,85012/240.29 mi-2
£1,89001/250.29 mi-2
£1,75002/250.29 mi-2
£1,85003/250.3 mi-2
£1,55010/240.32 miWaxlow Way, Northolt2
£1,75002/250.32 mi-2
£1,45010/240.32 miDehavilland Close, Northolt, UB52
£1,79502/250.33 mi-2
£1,50010/240.34 miTaywood Road, Northolt2
£2,20012/240.43 mi-2
£1,67510/240.46 mi-2
£1,50003/250.5 mi-2
£2,35003/250.5 mi-2
£1,45010/240.51 miYeading Lane, Northolt, Middlesex, UB52
£1,70002/250.57 mi-2
£1,50012/240.59 mi-2
£1,60010/240.61 miHammet Close, Hayes, Middlesex2

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.77 miles away

Nearest school

0.30 miles away

Nearest train station

1.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £279,950

January 23, 2025

Floor Plans

Description

  • Chain free +
  • Two double bedrooms +
  • Two lifts in block +
  • Residents parking +
  • Spacious +
  • Gas central heating +

Brian Cox & Company are pleased to present to the market this two double bedroom fifth floor purpose built flat. The property is situated off the Ruislip Road in Northolt, which is convenient for local shops, schools and transport links. This property is ideally suited to first time buyers and investors alike. Please call now as to avoid disappointment.

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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