6 Bed HMO, Hounslow, TW4 7RL £700,000

Bath Road, Hounslow, TW4 7RL - 2 years ago

HMO

Inside Article 4

ROI: 3%

~186 m²

ValuationUndervalued

Sold Prices	£525K - £1.4M
Sold Prices/m²	£3.7K/m² - £7.8K/m²

Square Metres	~186 m²
Price/m²	£3.8K/m²
Value Estimate	£840,000£840,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£175,000£175,000
Stamp Duty & Legal Fees	£61,200£61,200
Total Cash In	£236,200£236,200

Cash Out
Room Rate	£741£741
Gross Rent	£4,446£4,446
Running Costs/mo	£3,914£3,914
Cashflow/mo	£532£532
Cashflow/yr	£6,380£6,380
ROI	3%3%
Gross Yield	8%8%

Local Sold Prices

33 sold prices from £525K to £1.4M, average is £975K. £3.7K/m² to £7.8K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£795K	03/23	0.18 mi	27, Broad Walk, Hounslow, Greater London TW5 9AA	£4,907	162	6	Semi-Detached House
£645K	11/24	0.36 mi	252, Great West Road, Hounslow TW5 0BJ	£3,686	175	6	Semi-Detached House
£645K	11/24	0.36 mi	252, Great West Road, Hounslow TW5 0BJ	-	-	6	Terraced House
£750K	05/22	0.36 mi	52, Great South West Road, Hounslow, Greater London TW4 7NF	-	-	6	Semi-Detached House
£960K	11/22	0.47 mi	50, Greencroft Road, Hounslow, Greater London TW5 0BQ	-	-	6	Detached House
£960K	11/22	0.52 mi	50, Greencroft Road, Hounslow TW5 0BQ	£6,275	153	6	Detached House
£960K	11/22	0.52 mi	50, Greencroft Road, Hounslow TW5 0BQ	-	-	6	Detached House
£525K	08/23	0.84 mi	107, Mornington Crescent, Hounslow, Greater London TW5 9SU	£5,303	99	6	Terraced House
£1.4M	06/23	0.88 mi	21, Firs Drive, Hounslow, Greater London TW5 9TA	£6,233	221	6	Detached House
£750K	02/25	0.88 mi	394, Great West Road, Hounslow TW5 0PB	£4,167	180	6	Semi-Detached House
£750K	02/25	0.88 mi	394, Great West Road, Hounslow TW5 0PB	-	-	6	Semi-Detached House
£1.4M	06/23	0.89 mi	21, Firs Drive, Hounslow TW5 9TA	£7,813	176	6	Detached House
£1.4M	06/23	0.89 mi	21, Firs Drive, Hounslow TW5 9TA	-	-	6	Detached House
£547K	10/21	0.96 mi	44, Sutton Hall Road, Hounslow, Greater London TW5 0PY	£4,176	131	6	Terraced House
£1.1M	09/21	1.25 mi	37, Jersey Road, Hounslow TW5 0TR	-	-	6	Detached House
£1.1M	09/21	1.25 mi	37, Jersey Road, Hounslow TW5 0TR	£4,151	265	6	Detached House
£1.1M	09/21	1.27 mi	37, Jersey Road, Hounslow, Greater London TW5 0TR	-	-	6	Detached House
£1.1M	07/23	1.4 mi	87, Jersey Road, Hounslow, Greater London TW5 0TW	-	-	6	Semi-Detached House
£1.3M	11/21	1.44 mi	293, Norwood Road, Southall UB2 4JJ	£4,634	287	6	Detached House
£1.3M	11/21	1.44 mi	293, Norwood Road, Southall UB2 4JJ	-	-	6	Detached House
£1.2M	09/21	1.45 mi	4, Old Dairy Grove, Southall UB2 4FG	£4,937	237	6	Detached House
£1.2M	09/21	1.45 mi	4, Old Dairy Grove, Southall UB2 4FG	-	-	6	Detached House
£1.3M	11/21	1.47 mi	293, Norwood Road, Southall, Greater London UB2 4JJ	£3,970	335	6	Detached House
£1.2M	06/21	1.62 mi	7, Herm Close, Isleworth, Greater London TW7 4RH	£5,172	233	6	Detached House
£1.0M	02/25	1.63 mi	40, Burlington Road, Isleworth TW7 4LY	£5,556	180	6	Semi-Detached House
£965K	11/21	1.73 mi	13, Cranborne Avenue, Southall, Greater London UB2 4HY	-	-	6	Semi-Detached House
£975K	11/22	1.83 mi	11, Witham Road, Isleworth, Greater London TW7 4AJ	-	-	6	Semi-Detached House
£850K	05/25	1.86 mi	1, Carfax Road, Hayes UB3 4RB	£4,913	173	6	Semi-Detached House
£850K	05/25	1.86 mi	1, Carfax Road, Hayes UB3 4RB	-	-	6	Semi-Detached House
£630K	05/22	1.88 mi	75, Boundaries Road, Feltham, Greater London TW13 5DR	-	-	6	Detached House
£1.4M	04/23	1.93 mi	23, Minterne Avenue, Southall UB2 4HW	£4,575	306	6	Detached House
£1.4M	04/23	1.93 mi	23, Minterne Avenue, Southall UB2 4HW	-	-	6	Detached House
£875K	12/22	1.96 mi	675, Great West Road, Isleworth, Greater London TW7 4PT	-	-	6	Semi-Detached House

Local Area Statistics

Population in TW4	27,89927,899
Population in Hounslow	96,66696,666
Town centre distance	0.50 miles away0.50 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+21%+21%

Property History

Listed for £700,000

February 17, 2024

Sold for £230,000

2004

Sold for £174,500

2002

Description

6 Bed HMO +
Earning potential of £6000 pm +
Strategic location for maximum rental returns +
Consistent occupancy and income +
Investment Opportunity +
Highly Recommended! Call NOW! +

Hiltons Estates introduces an exceptional investment opportunity! This 6-bedroom House in Multiple Occupation (HMO) is a lucrative venture with the potential to generate an impressive potential monthly income of £6000. Located in a prime area, this property is strategically designed to maximize rental returns. With six bedrooms, this HMO caters to a broad tenant base, ensuring consistent occupancy and income. Investors can capitalize on the rising demand for shared housing and secure a steady monthly return on their investment. Don't miss out on this chance to enhance your portfolio and enjoy a hassle-free income stream.

Agent Details

Hiltons Estates, Southall

020 8629 1716

Next Steps?

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