2 Bed Flat, Single Let, Northolt, UB5 5UJ, £270,000

Makepeace Road, Northolt, UB5 5UJ - 2 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£191.3K - £415K
Sold Prices/m²£3.2K/m² - £6.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£323,338
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,450 - £2,350

Rent Estimate

£1,594

Running Costs/mo

£1,183

Cashflow/mo

£411

Cashflow/yr

£4,937

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £191.3K to £415K, average is £305K. £3.2K/m² to £6.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£267K01/230.01 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£200K02/210.05 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£350K12/220.14 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£343K12/220.2 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£305K01/210.21 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£325K02/230.32 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£355K09/230.45 mi116, Islip Manor Road, Northolt, Greater London UB5 5ED2
£335K10/200.49 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£280K06/210.49 mi29, Vanbrough Crescent, Northolt, Greater London UB5 5JR2
£191.3K09/200.53 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£277.5K04/210.57 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£272.5K03/230.59 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£305K04/210.6 mi3, Petworth Close, Northolt, Greater London UB5 4HX2
£415K11/220.63 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£288K08/230.64 mi38, Union Road, Northolt, Greater London UB5 6UE2
£260K06/210.65 mi16, Priors Field, Northolt, Greater London UB5 5SG2
£260K09/230.65 mi15, Fortunes Mead, Northolt, Greater London UB5 5SF2
£305K01/230.66 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£345K02/230.66 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£235K11/220.67 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.67 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£315K11/230.68 mi219, Ealing Road, Northolt, Greater London UB5 5HS2
£265K03/210.69 mi11, Owen Close, Northolt, Greater London UB5 5TX2
£300K05/230.69 miFlat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH2
£320K02/230.69 mi109, Eastcote Lane, Northolt, Greater London UB5 5RH2
£285K11/200.69 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£228K12/200.7 mi11a, Station Parade, Northolt, Greater London UB5 5HR2
£293K10/200.71 mi23, Millway Gardens, Northolt, Greater London UB5 5DU2
£340K11/210.71 mi17, Westend Gardens, Northolt, Greater London UB5 6QR2
£285K02/210.71 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.71 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£310K10/230.71 miFlat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ2
£321K03/210.74 miFlat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£308K12/200.74 miFlat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£375K03/230.76 mi60, Edward Road, Northolt, Greater London UB5 6QP2
£295K08/210.76 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.76 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.76 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£250K10/230.77 miFlat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW2
£350K09/230.81 mi15, Rushdene Crescent, Northolt, Greater London UB5 6NE2
£300K12/220.82 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£338K02/210.83 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£310K03/230.83 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£330K11/200.84 mi2, Trevor Gardens, Northolt, Greater London UB5 6NB2
£312K09/230.86 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£312K09/200.86 mi8, Trevor Close, Northolt, Greater London UB5 6ND2
£350K03/230.86 mi27, Trevor Close, Northolt, Greater London UB5 6ND2
£295K06/210.87 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£315K12/200.88 mi112, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£295K05/230.88 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2

Local Rents

17 rents from £1.4K/mo to £2.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70002/250.05 mi-2
£1,80010/240.17 miLilliput Avenue, Northolt2
£1,67510/240.2 mi-2
£1,45003/250.34 mi-2
£1,75002/250.37 mi-2
£1,75010/240.39 miDukes Avenue, Northolt, UB52
£1,90001/250.42 mi-2
£1,65010/240.47 miNortholt, UB52
£1,70010/240.49 miKensington Road2
£2,00012/240.5 mi-2
£2,00012/240.5 mi-2
£1,85010/240.54 mi-2
£2,15011/240.54 mi-2
£2,35002/250.58 mi-2
£1,79502/250.59 mi-2
£1,45010/240.61 miYeading Lane, Northolt, Middlesex, UB52
£1,50010/240.61 miTaywood Road, Northolt2

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.26 miles away

Nearest school

0.30 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £270,000

January 28, 2025

Floor Plans

Description

  • TWO BEDROOMS +
  • PURPOSE BUILT FLAT +
  • SECOND FLOOR (TOP FLOOR) +
  • MODERN CONDITION THROUGHOUT +
  • 117 YEARS REMAINING ON THE LEASE +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZED WINDOWS +
  • NO UPPER CHAIN +

Bennett Holmes are pleased to offer this well presented, two bedroom, second floor (top floor) purpose built flat situated off Church Road in Northolt. The property is within 1 mile of the local shopping and transport facilities to include the Central Line Station and within easy reach to the A40 and the Hayes Bypass. Local buses are also close by. Other benefits include: 117 years remaining on the lease, modern kitchen and bathroom. Gas central heating, double glazed windows, communal parking and no upper chain.

Agent Details

Bennett Holmes, Northolt

020 3835 2107

Next Steps?

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