3 Bed Flat, Single Let, Northolt, UB5 6AZ, £365,000

Byron Way, Northolt, Middlesex, UB5 6AZ - 2 months ago

Leasehold
BTL
ROI: 3%
~93 m²
+15 photos

ValuationFair Value

Sold Prices£270K - £495K
Sold Prices/m²£2.9K/m² - £7.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.9K/m²

Value Estimate

£367,595

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£17,900

Total Cash In

£109,150

 

 

Cash Out

 

Rent Range

£1,600 - £3,250

Rent Estimate

£1,769

Running Costs/mo

£1,514

Cashflow/mo

£255

Cashflow/yr

£3,055

ROI

3%

Gross Yield

6%

Local Sold Prices

28 sold prices from £270K to £495K, average is £336.5K. £2.9K/m² to £7.7K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£285K02/210.37 mi193, Radcliffe Way, Northolt, Greater London UB5 6HL3
£318K11/210.48 mi26a, Dunedin Way, Hayes, Greater London UB4 9LQ3
£465K01/230.48 mi14, Merlin Close, Northolt, Greater London UB5 6JG3
£360K09/210.83 mi45, Stable Close, Northolt, Greater London UB5 6TW3
£375.5K06/230.93 mi130, Farrier Road, Northolt, Greater London UB5 6TY3
£332.5K10/230.97 miFlat 70, Elgin House, Townson Avenue, Northolt, Greater London UB5 6PR3
£280K01/241.18 mi23, Devonshire Way, Hayes, Greater London UB4 0JA3
£280K10/211.19 mi49, Wallis Road, Southall, Greater London UB1 3LB3
£345K05/211.22 mi10, Shelley Close, Hayes, Greater London UB4 0QP3
£375K10/211.22 mi16, Shelley Close, Hayes, Greater London UB4 0QP3
£300K05/241.22 mi61, Wallis Road, Southall, Greater London UB1 3LB3
£300K11/211.33 mi23, Stroud Field, Northolt, Greater London UB5 5SL3
£290K06/211.33 mi12, Attewood Road, Northolt, Greater London UB5 5SJ3
£300K02/211.42 mi66, Ranelagh Road, Southall, Greater London UB1 1DG3
£386K09/221.43 mi26a, Queens Avenue, Greenford, Greater London UB6 9BX3
£360K09/221.46 mi508, Greenford Road, Greenford, Greater London UB6 8SH3
£345K06/211.56 mi2, Legion Road, Greenford, Greater London UB6 8XG3
£338K04/211.57 mi11a, Newbury Way, Northolt, Greater London UB5 4JD3
£375K06/211.57 mi29, Legion Road, Greenford, Greater London UB6 8XG3
£367K06/211.61 mi473, Greenford Road, Greenford, Greater London UB6 8RQ3
£365K04/211.61 mi3, Community Road, Greenford, Greater London UB6 8XF3
£325K10/211.73 mi1, Wessex Lane, Greenford, Greater London UB6 8XB3
£410K10/221.75 mi15, Blenheim Close, Greenford, Greater London UB6 8ET3
£330K06/211.76 mi4, Whiteoaks Lane, Greenford, Greater London UB6 8XE3
£495K12/201.77 mi31, Deane Avenue, Ruislip, Greater London HA4 6SP3
£335K03/211.79 mi226, The Heights, Northolt, Greater London UB5 4BX3
£273K10/211.98 mi345, Botwell Lane, Hayes, Greater London UB3 2AR3
£270K10/232 mi127, Hunt Road, Southall, Greater London UB2 4RS3

Local Rents

50 rents from £1.6K/mo to £3.3K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£1,60002/250 mi-3
£2,10012/240.3 mi-3
£1,75010/240.33 miLapponum Walk,Hayes,UB43
£2,35001/250.39 mi-3
£2,40001/250.44 mi-3
£2,50002/250.59 mi-3
£2,20002/250.61 mi-3
£2,45003/250.61 mi-3
£2,45010/240.72 miCornwall Avenue, Southall3
£2,60010/240.73 miAscot Gardens, Southall, UB13
£3,20010/240.73 miDevonshire Road, Southall, UB13
£2,40001/250.74 mi-3
£2,75011/240.74 mi-3
£2,60002/250.74 mi-3
£1,90001/250.75 mi-3
£3,00003/250.77 mi-3
£2,20001/250.78 mi-3
£2,00010/240.78 miChurch Road, Northolt3
£2,00010/240.79 miChurch Road, Northolt, UB53
£2,25002/250.82 mi-3
£2,25012/240.82 mi-3
£2,20012/240.88 mi-3
£2,20001/250.88 mi-3
£2,35003/250.88 mi-3
£2,45003/250.88 mi-3
£1,95010/240.89 mi-3
£2,50003/250.9 mi-3
£2,70002/250.9 mi-3
£1,95012/240.9 mi-3
£1,95002/250.9 mi-3
£2,50011/240.91 mi-3
£2,10010/240.92 mi-3
£1,95001/250.93 mi-3
£2,00010/240.94 mi-3
£2,40010/241.02 miWaxlow Crescent, Southall3
£2,50003/251.04 mi-3
£2,35010/241.04 mi-3
£2,50001/251.04 mi-3
£2,35011/241.04 mi-3
£2,35011/241.06 mi-3
£2,60003/251.06 mi-3
£2,90011/241.07 mi-3
£2,49010/241.08 mi-3
£3,25002/241.09 mi-3
£2,10010/241.1 mi-3
£2,40010/241.1 mi-3
£2,20011/241.13 mi-3
£2,20010/241.13 mi-3
£2,60012/241.14 mi-3
£2,35003/251.14 mi-3

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.93 miles away

Nearest school

0.20 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £365,000

January 27, 2025

Floor Plans

Description

  • Second Floor Apartment with Lift +
  • Three Bedrooms/Family Bathroom +
  • Reception Room +
  • Kitchen/Utility +
  • Residents Parking +
  • Communal Gardens +
  • £X Service Charge & Ground Rent PA +
  • Leasehold (980 Years) +
  • 730 Sq Ft (67.8 Sq M) +

Located on a sought after development, this three bedroom apartments offers spacious living throughout. The property benefits from a lift giving access to all floors, residents parking and well maintained communal gardens.

The accommodation comprises a welcoming entrance hallway with two versatile storage cupboards and doors to all rooms including a light filled reception room and a kitchen with a range of units and a utility room. The property boasts an inviting master bedroom with built in wardrobes and a further double bedroom. Completing the property is a third bedroom and a family bathroom.

Byron Way is situated on the borders of Northolt, Greenford and Southall within easy access to the A312, A40 and M4 road networks. There are a number of preferred schooling options within easy reach as well as Tesco and the marina being within easy distance.

Agent Details

Gibbs Gillespie, Ruislip Manor, covering Northolt

020 3834 8489

Next Steps?

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