Studio flat · UB6 8LP
For saleReduced £5k (−2.8%) on 25 SepListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In need of updating is this purpose built first floor (middle floor) studio plus flat which comes situated within this modern development just off Long Drive, hence well located for Greenford (central line) Station, A40 Western Avenue, local bus routes & local shops.
This chain free flat has a security entry phone system, 14’1 x 9’4 reception 1,8’3 x 4’8 fitted kitchen, 9’2 x 6’11 (onto wardrobe) separate sleeping area with fitted wardrobe, 7’10 x 4’9 fitted bathroom, electric heating, communal gardens, permit parking and a 125-year lease from 24 June 1992.
The accommodation with approximate room sizes comprises the following; communal front door: With security entry phone system leading to communal hallway leading to communal stairs leading to communal first floor (middle floor) landing leading to; own front door: Leading to; hallway: Rear access leading to bathroom, side access leading to reception 1, cupboard housing water tank.
Bathroom: 7’10 x 4’9. Rear aspect frosted window, 3-piece suite comprising of a low-level W.C., wash hand basin, bath with shower attachment, part tiled walls. Reception 1: 14’1 x 9’4.
Rear aspect window, side open plan access leading to separate sleeping area, wall mounted electric heater, wall mounted entry phone. Separate sleeping area: 9’2 x 6’11 (onto wardrobe).
Side aspect window, rear open plan access leading to kitchen, fitted wardrobe. Kitchen: 8’3 x 4’8.
Rear aspect window, range of wall & floor units, roll top worksurface, electric cooker point, stainless steel sink with mixer tap, space for fridge/freezer, plumbing for washing machine, part tiled walls, extractor fan.
Outside: Gardens: Communal. Parking: Permit. 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.
**Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.** 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.
Should you wish to proceed with an offer on this property, we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Coadjute and they charge a fee for this service. EPC total floor area: 30 square metres
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 35, Chartwell Close, Greenford
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