2 Bed Flat, Single Let, Northolt, UB5 6JP, £269,950

Osterley Court, Canberra Drive, Northolt, Middlesex, UB5 6JP - 2 views - a month ago

Leasehold
BTL
ROI: 5%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£175K - £415K
Sold Prices/m²£3K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£323,940
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,488

Stamp Duty & Legal Fees

£10,296

Total Cash In

£77,784

 

 

Cash Out

 

Rent Range

£1,450 - £2,350

Rent Estimate

£1,500

Running Costs/mo

£1,164

Cashflow/mo

£336

Cashflow/yr

£4,037

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £175K to £415K, average is £290K. £3K/m² to £6.9K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£340K11/210.16 mi17, Westend Gardens, Northolt, Greater London UB5 6QR2
£375K03/230.24 mi60, Edward Road, Northolt, Greater London UB5 6QP2
£350K09/230.27 mi15, Rushdene Crescent, Northolt, Greater London UB5 6NE2
£312K09/200.3 mi8, Trevor Close, Northolt, Greater London UB5 6ND2
£350K03/230.3 mi27, Trevor Close, Northolt, Greater London UB5 6ND2
£297K02/230.32 mi87, Barnhill Road, Hayes, Greater London UB4 9AR2
£325K04/230.32 mi55, Barnhill Road, Hayes, Greater London UB4 9AR2
£320K06/210.33 mi108, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£315K12/200.34 mi112, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£330K11/200.34 mi2, Trevor Gardens, Northolt, Greater London UB5 6NB2
£310K02/210.38 mi3, Down Way, Northolt, Greater London UB5 6NP2
£273K06/220.43 mi249, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£272.5K06/210.43 mi257a, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£290K10/220.44 mi26a, Stratford Road, Hayes, Greater London UB4 9EN2
£240K11/200.44 mi6a, Stratford Road, Hayes, Greater London UB4 9EN2
£280K01/210.44 mi28, Stratford Road, Hayes, Greater London UB4 9EN2
£255K06/210.45 mi25a, Stratford Road, Hayes, Greater London UB4 9EL2
£325K02/230.46 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£261.5K09/220.46 miFlat 11, Green Acres House, Welbeck Avenue, Hayes, Greater London UB4 9JR2
£285K02/210.46 mi1, Stratford Road, Hayes, Greater London UB4 9EL2
£325K11/220.47 mi6, Barnard Gardens, Hayes, Greater London UB4 9ER2
£280K10/200.47 mi3a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£295K12/230.47 mi8a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£270K01/210.47 mi11a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£268K11/200.49 mi225, Shakespeare Avenue, Hayes, Greater London UB4 9AG2
£260K01/210.49 mi237a, Shakespeare Avenue, Hayes, Greater London UB4 9AG2
£287.5K05/210.5 mi8, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.5 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.5 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£194K06/210.52 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.52 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£265K07/230.54 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£300K01/230.54 mi99, Bournemead Avenue, Northolt, Greater London UB5 6PX2
£310K03/230.57 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£280K06/210.57 mi29, Vanbrough Crescent, Northolt, Greater London UB5 5JR2
£191.3K09/200.58 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£343K12/220.59 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£415K11/220.65 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£279K06/230.69 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£267K01/230.78 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2
£200K02/210.82 mi26, Sycamore Close, Northolt, Greater London UB5 5BG2
£295K08/210.85 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.85 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.85 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£350K12/220.86 mi46, Garden Close, Northolt, Greater London UB5 5ND2
£285K02/210.87 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.87 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£235K11/220.87 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.87 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£315K03/210.9 mi7, Shelley Close, Hayes, Greater London UB4 0QW2

Local Rents

18 rents from £1.4K/mo to £2.4K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,45010/240.2 miYeading Lane, Northolt, Middlesex, UB52
£2,20010/240.22 mi-2
£2,35003/250.22 mi-2
£1,45010/240.23 miDehavilland Close, Northolt, UB52
£1,50010/240.31 mi-2
£1,60010/240.32 miBarnhill Road, North Hayes, UB42
£2,00001/250.39 mi-2
£2,00011/240.42 mi-2
£1,80010/240.42 miWillow Tree Lane, Hayes2
£1,50010/240.43 miShakespeare Avenue, Hayes, Middlesex, UB42
£1,50012/240.47 mi-2
£1,55010/240.47 miBarnard Gardens, Hayes, Middlesex, UB42
£1,60010/240.48 mi-2
£1,85002/240.49 mi-2
£1,65010/240.5 mi-2
£2,20012/240.52 mi-2
£1,60010/240.53 miHammet Close, Hayes, Middlesex2
£1,67510/240.59 mi-2

Local Area Statistics

Population in UB5

45,158

Population in Northolt

45,217

Town centre distance

1.03 miles away

Nearest school

0.10 miles away

Nearest train station

1.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £269,950

February 18, 2025

Floor Plans

Description

  • CHAIN FREE +
  • PURPOSE BUILT +
  • TWO DOUBLE BEDROOM +
  • FIRST & SECOND FLOOR SPLIT LEVEL FLAT +
  • SECURITY ENTRYPHONE SYSTEM +
  • RECEPTION 1 WITH OWN BALCONY +
  • FITTED KITCHEN & FITTED BATHROOM +
  • DOUBLE GLAZING & GAS CENTRAL HEATING +
  • LAMINATED FLOORING WHERE LAID +
  • APPROX. 86 YEAR LEASE +

ALL READY TO MOVE INTO is this well presented, purpose built two double bedroom first & second floor split level flat which comes situated just of Yeading Lane, hence well located for the Hayes Bypass, A40 Western Avenue, local bus routes, local schools & local shops. This larger than average, chain free flat also benefits from a security entry phone system, 15'8 x 13'1 reception 1 with own balcony, 10'9 x 9'4 fitted kitchen, 15'8 x 11'2 bedroom 1, 12'11 x 9'5 bedroom 2, fitted bathroom, double glazing, gas central heating, laminated flooring where laid, communal gardens & an approx. 86 year lease.

The accommodation with approximate room sizes comprises the following;

COMMUNAL DOOR: With security entry phone system leading to communal stairs leading to communal first floor landing leading to;

OWN FRONT DOOR: Leading to;

HALLWAY: Rear access leading to reception 1, side access leading to kitchen, stairs leading to second floor landing, open understairs storage, telephone point, part panelled walls, radiator, laminated flooring.

RECEPTION 1: 15'8 x 13'1. Rear aspect double glazed window, rear aspect double glazed door leading to own open balcony, radiator, laminated flooring.

OWN BALCONY: Open balcony.

KITCHEN: 10'9 x 9'4. Front aspect double glazed window, range of wall & floor units, roll top worksurface, gas cooker point, extractor hood, round sink with mixer tap, plumbing for washing machine & dishwasher, part tiled walls, storage cupboard housing wall mounted boiler & gas meter, storage unit, part panelled walls.

SECOND FLOOR LANDING: Storage cupboard.

BEDROOM 1: 15'8 x 11'2. Rear aspect double glazed windows x 2, radiator.

BEDROOM 2: 12'11 x 9'5. Front aspect double glazed window, radiator, storage cupboard.

BATHROOM: Front aspect double glazed frosted window, 3-piece white suite comprising of a low-level W.C., wash hand basin, bath with shower attachment, tiled walls, radiator.

OUTSIDE;

GARDENS: Communal.

These particulars are issued on the understanding that all negotiations are conducted through Tony Paul estate agents. Whilst every care has been exercised in the preparation of particulars their accuracy is not guaranteed neither do, they constitute an offer nor contract. Please note that it is not our Company policy to test services, heating systems and domestic appliances, therefore we cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor.

Lease: The agent understands that the property is leasehold but has not yet been able to verify the terms and conditions of the lease. However, we are awaiting confirmation of the tenure from the vendor's solicitors and we advise all interested parties should obtain verification and confirmation of the terms of the lease through their solicitor or surveyor.

Maintenance: The agent understands that the property maybe subject to a ground rent and/or service charge and/or maintenance charge but has not yet been able to verify the terms and conditions if any. All interested parties should obtain verification and confirmation of any charges through their solicitor or surveyor.

MAKING AN OFFER: If you are interested in this property, please contact us at the earliest opportunity prior to contacting a bank, building society or solicitor. Failure to do so could result in the property being sold elsewhere and could result in you incurring costs such as survey or legal fees. Most of our clients require us to advise them on the status of potential buyers, who make an offer to purchase; therefore, you are strongly advised to make an appointment at this stage, to establish your ability to proceed.

EPC TOTAL FLOOR AREA: 71 SQUARE METRES

Agent Details

Tony Paul, Northolt Village

020 3834 8376

Next Steps?

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