2 Bed Flat, Single Let, Northolt, UB5 6FW, £300,000

Waxlow Way, Northolt, Middlesex, UB5 6FW - a month ago

Leasehold
BTL
ROI: 3%
~64 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~64.20 m²
Price/m²£4.7K/m²

Value Estimate

£330,938
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,300

Rent Estimate

£1,500

Running Costs/mo

£1,258

Cashflow/mo

£243

Cashflow/yr

£2,910

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £175K to £463K, average is £300K. £3K/m² to £7.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£295K08/210 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£285K02/210.07 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.07 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£235K11/220.12 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.12 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£415K11/220.21 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£191.3K09/200.31 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£463K08/220.32 mi167, Westbury Avenue, Southall, Greater London UB1 2XB2
£310K03/230.36 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£279K06/230.43 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£300K12/220.47 mi187, Ruislip Road, Greenford, Greater London UB6 9RZ2
£338K02/210.47 mi205, Ruislip Road, Greenford, Greater London UB6 9RZ2
£350K11/230.53 mi71, Braund Avenue, Greenford, Greater London UB6 9JJ2
£345K02/230.55 mi212a, Ferrymead Avenue, Greenford, Greater London UB6 9TP2
£277.5K04/210.56 mi25, Banbury Walk, Northolt, Greater London UB5 6TJ2
£343K01/240.57 mi22, Greenway Gardens, Greenford, Greater London UB6 9TT2
£295K05/230.57 mi10a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£345K10/220.58 mi10, Greenway Gardens, Greenford, Greater London UB6 9TT2
£312.5K11/220.58 mi28a, Greenway Gardens, Greenford, Greater London UB6 9TT2
£272.5K03/230.59 mi13, Star Path, Northolt, Greater London UB5 6TQ2
£312K09/230.6 mi52, Greenway Gardens, Greenford, Greater London UB6 9TU2
£360K04/230.61 mi8, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£285K04/230.61 mi30, Beechwood Avenue, Greenford, Greater London UB6 9UA2
£325K04/210.65 mi34, Eastmead Avenue, Greenford, Greater London UB6 9RB2
£357K03/230.65 mi202, Lady Margaret Road, Southall, Greater London UB1 2RU2
£288K08/230.66 mi38, Union Road, Northolt, Greater London UB5 6UE2
£300K09/230.67 mi22, Stickleton Close, Greenford, Greater London UB6 9RQ2
£335K11/200.67 mi18, Stickleton Close, Greenford, Greater London UB6 9RQ2
£275K02/210.68 miFlat 9, St. Crispins Court, St Crispins Close, Southall, Greater London UB1 2UT2
£265K07/230.7 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£325K02/230.72 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£305K01/230.72 mi138, Farrier Road, Northolt, Greater London UB5 6TY2
£335K10/200.75 miFlat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH2
£267K01/230.76 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£285K11/200.76 mi71, Farrier Road, Northolt, Greater London UB5 6TU2
£343K12/220.76 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£200K02/210.81 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£305K01/210.84 mi3, Gulliver Close, Northolt, Greater London UB5 5QB2
£355K12/220.84 mi32, Ferrymead Avenue, Greenford, Greater London UB6 9TJ2
£295K06/210.85 mi11, Chesterton Close, Greenford, Greater London UB6 9TE2
£350K03/210.86 mi2b, Portland Crescent, Greenford, Greater London UB6 9EU2
£194K06/210.86 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.86 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£320K03/230.87 mi46, Mount Avenue, Southall, Greater London UB1 2LH2
£220K10/220.89 mi54, Wallis Road, Southall, Greater London UB1 3LA2
£286K08/230.9 mi58, Barbican Road, Greenford, Greater London UB6 9DH2
£265K04/210.9 mi13, Barbican Road, Greenford, Greater London UB6 9DH2
£350K12/220.9 mi46, Garden Close, Northolt, Greater London UB5 5ND2

Local Rents

17 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55010/240.02 miWaxlow Way, Northolt2
£1,75002/250.04 mi-2
£1,75002/250.06 mi-2
£1,85012/240.06 mi-2
£1,89001/250.06 mi-2
£1,75002/250.06 mi-2
£1,85003/250.06 mi-2
£1,50010/240.2 miTaywood Road, Northolt2
£1,79502/250.22 mi-2
£1,65010/240.3 miNortholt, UB52
£1,65010/240.35 mi-2
£1,85002/240.37 mi-2
£1,65010/240.47 miRuislip Road, Greenford2
£1,50003/250.49 mi-2
£2,30010/240.49 mi-2
£2,20012/240.51 mi-2
£1,45010/240.62 miDehavilland Close, Northolt, UB52

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £300,000

March 8, 2025

Listed for £325,000

February 4, 2025

Floor Plans

Description

  • Third Floor Apartment +
  • Lift Access +
  • Residents Parking +
  • Well Presented +
  • Two Bedrooms +
  • En-Suite to Principal Bedroom, Separate Family Bathroom +
  • Spacious Reception Room +
  • Freehold. (Service Charge £2129.00. Ground Rent £200.00. +
  • 691 Sq.Ft (64.2 Sq.m) +

Introducing this charming upper floor apartment with lift access, located in a sought-after area with views of the canal.

Boasting two well-appointed bedrooms, with the principal benefitting from an en-suite shower room and fitted wardrobes, fitted kitchen, family bathroom and a spacious reception room with 2 sets of French doors opening out to Juliette balconies, this property offers a comfortable and convenient living space.

The apartment features a purpose-built design, ensuring durability and functionality. Residents will benefit from allocated parking, providing ease and security for vehicles.

The property is situated in a desirable neighbourhood, offering a quiet and peaceful environment.

With excellent transport links and amenities nearby, this home is ideal for those seeking convenience and comfort in a prime location.

Don't miss the opportunity to own this delightful apartment, perfect for first-time buyers, investors, or those looking to downsize. Contact us today to arrange a viewing and secure this wonderful property for yourself.

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 💪