2 Bed Flat, Single Let, Northolt, UB5 5EJ, £375,000

The Farmlands, Northolt, Middlesex, UB5 5EJ - a month ago

Leasehold

BTL

~62 m²

+16 photos

ValuationOvervalued

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

Square Metres	~61.50 m²
Price/m²	£6.1K/m²
Value Estimate	£307,638£307,638

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£119,950£119,950

Cash Out
Rent Range	£1,350 - £2,150£1,350 - £2,150
Rent Estimate	£1,400
Running Costs/mo	£1,472£1,472
Cashflow/mo	£-72£-72
Cashflow/yr	£-862£-862
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £152.4K to £360K, average is £307.3K. £2.2K/m² to £8.2K/m², average is £5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£310K	10/23	0 mi	Flat 1, Beaufort House, The Farmlands, Northolt, Greater London UB5 5EJ	-	-	2	Flat
£300K	05/23	0.03 mi	Flat 8, Argyll House, The Farmlands, Northolt, Greater London UB5 5EH	-	-	2	Flat
£250K	10/23	0.05 mi	Flat 9, Burlington House, The Farmlands, Northolt, Greater London UB5 5EW	-	-	2	Flat
£308K	12/20	0.06 mi	Flat 15, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET	-	-	2	Flat
£228K	12/20	0.07 mi	11a, Station Parade, Northolt, Greater London UB5 5HR	£3,167	72	2	Flat
£321K	03/21	0.08 mi	Flat 5, Wellington House, The Farmlands, Northolt, Greater London UB5 5ET	£4,138	78	2	Flat
£315K	11/23	0.09 mi	219, Ealing Road, Northolt, Greater London UB5 5HS	-	-	2	Flat
£305K	04/21	0.13 mi	3, Petworth Close, Northolt, Greater London UB5 4HX	-	-	2	Flat
£360K	07/23	0.19 mi	7, Brighton Drive, Northolt, Greater London UB5 4DQ	£5,902	61	2	Flat
£320K	02/23	0.26 mi	109, Eastcote Lane, Northolt, Greater London UB5 5RH	£5,999	53	2	Flat
£293K	10/20	0.27 mi	23, Millway Gardens, Northolt, Greater London UB5 5DU	£5,426	54	2	Flat
£357.8K	04/23	0.3 mi	247, Carr Road, Northolt, Greater London UB5 4RL	£8,195	44	2	Flat
£329K	11/21	0.32 mi	6, Thirsk Close, Northolt, Greater London UB5 4DS	-	-	2	Flat
£355K	05/23	0.37 mi	5, Cheltenham Close, Northolt, Greater London UB5 4DU	-	-	2	Flat
£270K	09/23	0.38 mi	197, Carr Road, Northolt, Greater London UB5 4RJ	£6,136	44	2	Flat
£339K	03/23	0.44 mi	7a, Wetherby Close, Northolt, Greater London UB5 4ED	£5,436	62	2	Flat
£307K	06/21	0.45 mi	1a, Wetherby Close, Northolt, Greater London UB5 4ED	-	-	2	Flat
£350K	07/21	0.45 mi	3, Wetherby Close, Northolt, Greater London UB5 4ED	£5,932	59	2	Flat
£265K	03/21	0.47 mi	11, Owen Close, Northolt, Greater London UB5 5TX	£4,417	60	2	Flat
£260K	09/23	0.48 mi	15, Fortunes Mead, Northolt, Greater London UB5 5SF	£3,351	78	2	Flat
£290K	06/23	0.48 mi	25, Cherry Gardens, Northolt, Greater London UB5 4RG	£5,370	54	2	Flat
£355K	09/23	0.49 mi	116, Islip Manor Road, Northolt, Greater London UB5 5ED	£4,863	73	2	Flat
£152.4K	10/23	0.49 mi	15a, Newbury Way, Northolt, Greater London UB5 4JD	£2,178	70	2	Flat
£260K	06/21	0.5 mi	16, Priors Field, Northolt, Greater London UB5 5SG	£4,643	56	2	Flat
£305K	01/21	0.52 mi	3, Gulliver Close, Northolt, Greater London UB5 5QB	-	-	2	Flat
£255K	09/21	0.52 mi	37a, Blenheim Road, Northolt, Greater London UB5 4TW	-	-	2	Flat
£360K	05/23	0.52 mi	37a, Blenheim Road, Northolt, Greater London UB5 4TW	-	-	2	Flat
£335K	03/21	0.53 mi	3, Newmarket Avenue, Northolt, Greater London UB5 4HB	-	-	2	Flat
£335K	10/20	0.57 mi	Flat 1, Allendale, Kensington Road, Northolt, Greater London UB5 6AH	-	-	2	Flat
£307.5K	11/20	0.6 mi	19, Wood End Lane, Northolt, Greater London UB5 4JN	£6,150	50	2	Flat
£260K	04/21	0.6 mi	73, Wincanton Crescent, Northolt, Greater London UB5 4HQ	£4,333	60	2	Flat
£335K	06/23	0.63 mi	85, Petts Hill, Northolt, Greater London UB5 4NS	£6,569	51	2	Flat
£350K	12/22	0.64 mi	46, Garden Close, Northolt, Greater London UB5 5ND	£6,034	58	2	Flat
£200K	02/21	0.67 mi	26, Sycamore Close, Northolt, Greater London UB5 5BG	£4,107	49	2	Flat
£285K	11/20	0.7 mi	71, Farrier Road, Northolt, Greater London UB5 6TU	£3,800	75	2	Flat
£305K	01/23	0.71 mi	138, Farrier Road, Northolt, Greater London UB5 6TY	£4,357	70	2	Flat
£267K	01/23	0.72 mi	176, Makepeace Road, Northolt, Greater London UB5 5UJ	£4,944	54	2	Flat
£345K	04/21	0.75 mi	105a, Birkbeck Avenue, Greenford, Greater London UB6 8LY	£7,041	49	2	Flat
£288K	08/23	0.75 mi	38, Union Road, Northolt, Greater London UB5 6UE	£3,740	77	2	Flat
£325K	11/21	0.76 mi	7, Dorchester Close, Northolt, Greater London UB5 4PE	£5,804	56	2	Flat
£340K	05/23	0.76 mi	8, Dorchester Close, Northolt, Greater London UB5 4PE	-	-	2	Flat
£337.5K	12/22	0.77 mi	33a, Stanley Avenue, Greenford, Greater London UB6 8NW	-	-	2	Flat
£260K	06/23	0.77 mi	7a, Stanley Avenue, Greenford, Greater London UB6 8NW	£4,906	53	2	Flat
£340K	11/22	0.77 mi	15, Stanley Avenue, Greenford, Greater London UB6 8NW	£6,296	54	2	Flat
£272.5K	03/23	0.77 mi	13, Star Path, Northolt, Greater London UB5 6TQ	-	-	2	Flat
£320K	02/21	0.79 mi	39, Dorchester Road, Northolt, Greater London UB5 4PB	£6,154	52	2	Flat
£277.5K	04/21	0.79 mi	25, Banbury Walk, Northolt, Greater London UB5 6TJ	£3,153	88	2	Flat
£295K	06/21	0.8 mi	11, Chesterton Close, Greenford, Greater London UB6 9TE	£5,060	58	2	Flat
£325K	02/23	0.8 mi	12, Alexandra Avenue, Harrow, Greater London HA2 8PG	-	-	2	Flat
£275K	11/22	0.83 mi	20, Allington Close, Greenford, Greater London UB6 8PH	£4,583	60	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,550	10/24	0.02 mi	The Farmlands, Northolt	2	Flat
£1,850	10/24	0.18 mi	-	2	Terraced House
£2,000	12/24	0.24 mi	-	2	Terraced House
£2,000	12/24	0.24 mi	-	2	Terraced House
£1,600	10/24	0.29 mi	Millway Gardens, Northolt	2	Flat
£1,900	01/25	0.32 mi	-	2	Flat
£1,700	03/25	0.35 mi	-	2	Flat
£1,450	03/25	0.38 mi	-	2	Flat
£2,100	11/24	0.39 mi	-	2	Terraced House
£2,150	11/24	0.4 mi	-	2	Bungalow
£1,750	10/24	0.44 mi	Dukes Avenue, Northolt, UB5	2	Flat
£1,350	10/24	0.45 mi	Newmarket Avenue, Northolt, UB5 4EP	2	Flat
£1,700	11/24	0.48 mi	-	2	Flat
£1,650	10/24	0.5 mi	Redcar Close, Northolt, Middlesex, UB5	2	Flat
£1,800	10/24	0.5 mi	-	2	Flat
£1,850	02/25	0.54 mi	-	2	Terraced House
£1,750	10/24	0.55 mi	Blenheim Road, Northolt, UB5	2	Terraced House
£1,800	10/24	0.56 mi	Lilliput Avenue, Northolt	2	Terraced House
£1,700	10/24	0.57 mi	Kensington Road	2	Flat
£1,800	10/24	0.57 mi	Sandown Way, Northolt	2	Flat
£1,750	10/24	0.59 mi	-	2	Flat
£1,750	10/24	0.59 mi	Graham Court, Northolt, UB5	2	Flat

Local Area Statistics

Population in UB5	45,15845,158
Population in Northolt	45,21745,217
Town centre distance	0.47 miles away0.47 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.19 miles away0.19 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+17%+17%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Price changed to £375,000

March 8, 2025

Listed for £400,000

February 18, 2025

Floor Plans

Description

Ground Floor Apartment +
Very Good Condition Throughout +
Two Bedrooms +
Family Bathroom +
Modern Fitted Kitchen +
Spacious Reception Room +
Close to Station and Shops +
Residents Parking +
Leasehold (946 years). Service Charge £960. Ground Rent £400pa +
662 Sq.Ft (61.5 Sq.M). EPC Rating C. Council Tax Band C. +

Well-presented throughput and nestled in a desirable location, this charming ground floor apartment offers a perfect blend of comfort and convenience.

Boasting two well-appointed bedrooms, both with fitted wardrobes, a spacious reception room, and a modern fitted kitchen with a sleek range of units and a versatile breakfast bar, this property provides a cosy retreat for its residents.

The apartment benefits from residents' parking, ensuring hassle-free parking experiences.

With easy access to local amenities and transport links, this property is ideal for those seeking a convenient lifestyle.

Whether you're a first-time buyer, downsizer, or investor, this apartment presents a fantastic opportunity to own a stylish and well-maintained property in a sought-after location.

Don't miss out on the chance to make this delightful apartment your new home. Contact us today to arrange a viewing.

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 💪

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