3 Bed Semi-Detached House, Refurb/BRRR, Southall, UB1 2AT, £470,000

Viking Road, Southall, UB1 2AT - 1 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²

ValuationUndervalued

Sold Prices£228.4K - £627.5K
Sold Prices/m²£3.4K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£499,550
BMV3%

 

 

End Value (After Refurb)

£521,554

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£117,500

Stamp Duty & Legal Fees

£27,500

Refurb Costs

£49,088

Bridging Loan Interest

£12,338

Total Cash In

£208,175

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£521,554

Mortgage (After Refinance)

£391,166

Mortgage LTV

75%

Cash Released

£38,666

Cash Left In

£169,510

Equity

£130,389

Rent Range

£2,150 - £3,000

Rent Estimate

£2,466

Running Costs/mo

£2,143

Cashflow/mo

£323

Cashflow/yr

£3,875

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £228.4K to £627.5K, average is £490K. £3.4K/m² to £8.3K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£440K05/210.17 mi2a, West Avenue, Southall, Greater London UB1 2AW3
£495K09/230.21 mi41, Evelyn Grove, Southall, Greater London UB1 2BW3
£540K01/230.21 mi23, Evelyn Grove, Southall, Greater London UB1 2BW3
£535K06/230.22 mi23, Saxon Road, Southall, Greater London UB1 1QG3
£555K11/220.22 mi31, Saxon Road, Southall, Greater London UB1 1QG3
£490K03/240.22 mi145, Ashford Avenue, Hayes, Greater London UB4 0ND3
£467K10/200.23 mi20, South Avenue, Southall, Greater London UB1 2AH3
£228.4K05/210.23 mi73, Evelyn Grove, Southall, Greater London UB1 2BP3
£490K03/230.23 mi34, Evelyn Grove, Southall, Greater London UB1 2BP3
£500K04/240.24 mi35, Cranleigh Gardens, Southall, Greater London UB1 2BU3
£515K09/220.28 mi115, Berwick Avenue, Hayes, Greater London UB4 0NH3
£455K12/200.29 mi89, Berwick Avenue, Hayes, Greater London UB4 0NH3
£559K12/230.3 mi4, Ruskin Road, Southall, Greater London UB1 1PE3
£320K05/210.31 mi115, Evelyn Grove, Southall, Greater London UB1 2BS3
£490K09/210.31 mi70, Evelyn Grove, Southall, Greater London UB1 2BS3
£510K07/230.31 mi94, Evelyn Grove, Southall, Greater London UB1 2BS3
£510K08/230.31 mi77, Ashford Avenue, Hayes, Greater London UB4 0NB3
£430K03/230.31 mi111, Ashford Avenue, Hayes, Greater London UB4 0NB3
£513K10/200.34 mi5, Greenford Avenue, Southall, Greater London UB1 2AA3
£487K12/230.35 mi1, Tollgate Drive, Hayes, Greater London UB4 0NP3
£450K12/230.36 mi38, West End Road, Southall, Greater London UB1 1JH3
£560K12/220.37 mi16, Abbotts Road, Southall, Greater London UB1 1HT3
£520K08/230.37 mi4, Abbotts Road, Southall, Greater London UB1 1HT3
£435K05/230.37 mi28, Oswald Road, Southall, Greater London UB1 1HW3
£520K11/230.38 mi1, Denbigh Road, Southall, Greater London UB1 2RP3
£515K12/230.39 mi52, Orchard Avenue, Southall, Greater London UB1 1LG3
£465K10/220.4 mi46, Oswald Road, Southall, Greater London UB1 1HW3
£430K10/200.41 mi10, Delamere Road, Hayes, Greater London UB4 0NL3
£507K04/220.41 mi20, Woodlands Road, Southall, Greater London UB1 1EF3
£358K02/210.41 mi4, Craven Avenue, Southall, Greater London UB1 2DJ3
£465K06/210.42 mi63, Dormers Avenue, Southall, Greater London UB1 2SS3
£600K02/230.43 mi19, Burns Avenue, Southall, Greater London UB1 2LP3
£570K08/220.43 mi4, Burns Avenue, Southall, Greater London UB1 2LP3
£600K01/230.43 mi40, Beresford Road, Southall, Greater London UB1 1NJ3
£487.5K09/230.44 mi31, Beresford Road, Southall, Greater London UB1 1NJ3
£477.5K12/200.44 mi27, Orchard Avenue, Southall, Greater London UB1 1LF3
£350K02/210.44 mi112, St Josephs Drive, Southall, Greater London UB1 1RW3
£500K11/230.45 mi48, Allendale Avenue, Southall, Greater London UB1 2SN3
£455K11/200.46 mi85, Abbotts Road, Southall, Greater London UB1 1HR3
£410K02/210.46 mi25, St Josephs Drive, Southall, Greater London UB1 1RL3
£515K04/230.46 mi42, Dormers Avenue, Southall, Greater London UB1 2SR3
£450K06/210.47 mi165, North Road, Southall, Greater London UB1 2JY3
£448K12/200.48 mi46, Camden Avenue, Hayes, Greater London UB4 0PW3
£450K03/210.48 mi21, Patching Way, Hayes, Greater London UB4 9YD3
£490K06/210.48 mi16, Derwent Road, Southall, Greater London UB1 2UJ3
£627.5K03/230.49 mi286, Lady Margaret Road, Southall, Greater London UB1 2RX3
£618K10/220.49 mi143, Glencoe Road, Hayes, Greater London UB4 9SN3
£480K05/210.49 mi126, Glencoe Road, Hayes, Greater London UB4 9SN3
£555K08/230.5 mi158, St Josephs Drive, Southall, Greater London UB1 1RP3
£500K05/230.51 mi105, Oswald Road, Southall, Greater London UB1 1HJ3

Local Rents

17 rents from £2.1K/mo to £3K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,20011/240.18 mi-3
£2,20010/240.18 mi-3
£2,20012/240.2 mi-3
£2,20001/250.2 mi-3
£2,60012/240.22 mi-3
£2,30010/240.3 mi-3
£2,65003/250.34 mi-3
£2,15003/250.35 mi-3
£2,40001/250.36 mi-3
£2,49010/240.36 mi-3
£2,90011/240.4 mi-3
£2,50001/240.44 mi-3
£2,40010/240.53 miWaxlow Crescent, Southall3
£2,80002/250.54 mi-3
£3,00003/250.61 mi-3
£2,45010/240.61 miCornwall Avenue, Southall3
£2,60002/250.61 mi-3

Local Area Statistics

Population in UB1

39,848

Population in Southall

72,273

Town centre distance

0.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Price changed to £470,000

March 8, 2025

Listed for £485,000

January 25, 2025

Floor Plans

Description

  • Spacious Mid Terraced property in need of modernisation! +
  • Driveway for off street parking and a rear garden! +
  • Easy access to A40, Heathrow and Central London! +
  • Southall, Northolt and Greenford Underground Stations are easily accessible! +
  • Call NOW to Book a viewing! Highly Recommended! +

In Need of Modernisation: Hiltons Estates brings to the market this Spacious Mid Terraced property in need of modernisation located in Southall, UB1! The property comprises an entrance hallway, large Reception room, family bathroom and kitchen on the ground floor. Upstairs, there is a large landing, 2 Double bedrooms and well sized box room. There is a driveway for off street parking and a rear garden. This property is situated in a popular area of UB1, with easy access to A40, Heathrow and Central London. Walking distance to Schools, shops and local amenities! Northolt and Greenford Underground Stations are easily accessible! A Brilliant Opportunity for Families, Commuters, Developers and INVESTORS! Call NOW to Book a viewing! Highly Recommended!

Agent Details

Hiltons Estates, Southall

020 8629 1716

Next Steps?

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