2 Bed Flat, Single Let, Northolt, UB5 4EN, £250,000

Newmarket Avenue, Northolt, UB5 4EN - 2 months ago

BTL
ROI: 5%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£152.4K - £360K
Sold Prices/m²£2.2K/m² - £8.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£302,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,100

Rent Estimate

£1,350

Running Costs/mo

£1,071

Cashflow/mo

£279

Cashflow/yr

£3,345

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £152.4K to £360K, average is £307.8K. £2.2K/m² to £8.2K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£260K04/210.11 mi73, Wincanton Crescent, Northolt, Greater London UB5 4HQ2
£335K03/210.24 mi3, Newmarket Avenue, Northolt, Greater London UB5 4HB2
£329K11/210.26 mi6, Thirsk Close, Northolt, Greater London UB5 4DS2
£307K06/210.26 mi1a, Wetherby Close, Northolt, Greater London UB5 4ED2
£350K07/210.26 mi3, Wetherby Close, Northolt, Greater London UB5 4ED2
£339K03/230.27 mi7a, Wetherby Close, Northolt, Greater London UB5 4ED2
£355K05/230.27 mi5, Cheltenham Close, Northolt, Greater London UB5 4DU2
£335K06/230.28 mi85, Petts Hill, Northolt, Greater London UB5 4NS2
£325K02/230.3 mi12, Alexandra Avenue, Harrow, Greater London HA2 8PG2
£325K11/210.32 mi7, Dorchester Close, Northolt, Greater London UB5 4PE2
£340K05/230.32 mi8, Dorchester Close, Northolt, Greater London UB5 4PE2
£360K07/230.34 mi7, Brighton Drive, Northolt, Greater London UB5 4DQ2
£320K02/210.35 mi39, Dorchester Road, Northolt, Greater London UB5 4PB2
£307.5K11/200.38 mi19, Wood End Lane, Northolt, Greater London UB5 4JN2
£321K03/210.47 miFlat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£152.4K10/230.47 mi15a, Newbury Way, Northolt, Greater London UB5 4JD2
£250K10/230.48 miFlat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW2
£308K12/200.48 miFlat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET2
£325K04/230.49 mi26a, Kenilworth Avenue, Harrow, Greater London HA2 8SA2
£305K02/210.5 mi45, Ivy Close, Harrow, Greater London HA2 8RX2
£293K10/200.51 mi23, Millway Gardens, Northolt, Greater London UB5 5DU2
£285K10/200.51 mi30, Ivy Close, Harrow, Greater London HA2 8RX2
£320K02/230.52 mi109, Eastcote Lane, Northolt, Greater London UB5 5RH2
£357.8K04/230.52 mi247, Carr Road, Northolt, Greater London UB5 4RL2
£310K10/230.53 miFlat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ2
£255K09/210.54 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£360K05/230.54 mi37a, Blenheim Road, Northolt, Greater London UB5 4TW2
£300K05/230.55 miFlat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH2
£228K12/200.58 mi11a, Station Parade, Northolt, Greater London UB5 5HR2
£330K10/220.58 mi28, Alexandra Close, Harrow, Greater London HA2 8QA2
£185K01/230.59 mi349b, Eastcote Lane, Harrow, Greater London HA2 8RY2
£270K09/230.6 mi197, Carr Road, Northolt, Greater London UB5 4RJ2
£315K11/230.61 mi219, Ealing Road, Northolt, Greater London UB5 5HS2
£305K04/210.61 mi3, Petworth Close, Northolt, Greater London UB5 4HX2
£333K08/230.61 mi168, Alexandra Avenue, Harrow, Greater London HA2 8PY2
£350K11/220.62 mi17, Rowe Walk, Harrow, Greater London HA2 9AB2
£275K06/210.64 mi34, Rowe Walk, Harrow, Greater London HA2 9AB2
£325K03/210.64 mi15, Rowe Walk, Harrow, Greater London HA2 9AB2
£265K03/210.66 mi11, Owen Close, Northolt, Greater London UB5 5TX2
£290K06/230.67 mi25, Cherry Gardens, Northolt, Greater London UB5 4RG2
£295K06/210.68 mi127a, Kingsley Road, Harrow, Greater London HA2 8LF2
£308K07/210.69 mi9, Carlton Close, Northolt, Greater London UB5 4LQ2
£260K09/230.69 mi15, Fortunes Mead, Northolt, Greater London UB5 5SF2
£260K06/210.71 mi16, Priors Field, Northolt, Greater London UB5 5SG2
£290K05/210.82 mi837, Victoria Road, Ruislip, Greater London HA4 0JJ2
£285K05/210.82 mi843, Victoria Road, Ruislip, Greater London HA4 0JJ2
£305K11/200.82 mi845a, Victoria Road, Ruislip, Greater London HA4 0JJ2
£305K11/200.82 mi845a, Victoria Road, Ruislip, Greater London HA4 0JJ2
£355K09/230.83 mi116, Islip Manor Road, Northolt, Greater London UB5 5ED2
£280K10/200.85 mi14, Jasmine Gardens, Harrow, Greater London HA2 9DE2

Local Rents

36 rents from £1.4K/mo to £2.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,35010/240.11 miNewmarket Avenue, Northolt, UB5 4EP2
£2,10011/240.13 mi-2
£1,85003/250.17 mi-2
£1,65010/240.25 miRedcar Close, Northolt, Middlesex, UB52
£1,70011/240.27 mi-2
£1,70002/240.27 mi-2
£1,70002/250.27 mi-2
£1,80001/250.28 mi-2
£1,60010/240.29 miPetts Hill, Northolt, UB52
£1,65003/250.31 mi-2
£1,75012/240.37 mi-2
£1,82512/240.38 mi-2
£1,85002/250.42 mi-2
£1,85001/250.46 mi-2
£1,75010/240.47 mi-2
£1,75010/240.47 miGraham Court, Northolt, UB52
£1,75010/240.48 miBlenheim Road, Northolt, UB52
£1,70010/240.48 mi-2
£1,80510/240.48 mi-2
£1,87310/240.48 mi-2
£1,85003/250.48 mi-2
£1,90003/250.48 mi-2
£1,60010/240.5 miMillway Gardens, Northolt2
£1,80010/240.54 mi-2
£1,55010/240.54 miThe Farmlands, Northolt2
£1,80010/240.55 miSandown Way, Northolt2
£1,60012/240.56 mi-2
£1,35002/240.56 mi-2
£1,75003/250.58 mi-2
£1,80003/250.58 mi-2
£1,60010/240.58 miSouth Harrow Northolt Greenford, South Harrow Northolt Greenford, UB52
£1,60010/240.58 mi-2
£1,65010/240.58 mi-2
£1,80003/250.61 mi-2
£1,75004/240.61 miAlexandra Avenue Harrow HA22
£1,55004/240.61 miCorbins Lane, South Harrow, HA2 8EN2

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

0.94 miles away

Nearest school

0.30 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

February 14, 2025

Floor Plans

Description

  • Chain free +
  • Two double bedrooms +
  • 4th floor with lift in block +
  • Gas central heating +
  • Balcony +
  • Walking distance to Northolt Station and Northolt Park Station +

Brian Cox present to the market this two double flat situated on the 4th Floor of a high rise block. Located within walking distance to Northolt and Northolt Park Stations this property would be a great investment property. Benefits include fantastic views over London and the home counties. Call now so you do not miss out.

Agent Details

Brian Cox, Northolt

020 3909 6488

Next Steps?

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