6 Bed HMO, Hayes, UB3 2BY, £700,000

48 Central Avenue, Hayes, Greater London, UB3 2BY - 3 views - a year ago

HMO

ROI: 4%

129 m²

+4 photos

ValuationFair Value

Sold Prices	£404K - £1.4M
Sold Prices/m²	£3.6K/m² - £12.2K/m²

Square Metres	129 m²
Price/m²	£5.4K/m²
Value Estimate	£697,288£697,288

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£175,000£175,000
Stamp Duty & Legal Fees	£44,700£44,700
Total Cash In	£219,700£219,700

Cash Out
Room Rate	£789£789
Gross Rent	£4,734£4,734
Running Costs/mo	£3,978£3,978
Cashflow/mo	£756£756
Cashflow/yr	£9,075£9,075
ROI	4%4%
Gross Yield	8%8%

Local Sold Prices

24 sold prices from £404K to £1.4M, average is £725.8K. £3.6K/m² to £12.2K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£580K	11/21	1.26 mi	372, Balmoral Drive, Hayes, Greater London UB4 8DL	£5,631	103	6	Semi-Detached House
£625K	12/20	1.34 mi	2, Derley Road, Southall, Greater London UB2 5EJ	-	-	6	Terraced House
£775K	09/22	1.85 mi	17, Darris Close, Hayes, Greater London UB4 9RX	-	-	6	Detached House
£540K	12/23	2 mi	4, Micawber Avenue, Uxbridge, Greater London UB8 3NY	£5,047	107	6	Detached House
£1.0M	03/23	2.02 mi	4, St Margarets Avenue, Uxbridge, Greater London UB8 3HH	-	-	6	Detached House
£525K	06/21	2.09 mi	8, Peach Tree Avenue, West Drayton, Greater London UB7 8DH	£4,253	123	6	Semi-Detached House
£1.4M	06/23	2.14 mi	21, Firs Drive, Hounslow, Greater London TW5 9TA	£6,233	221	6	Detached House
£525K	08/23	2.19 mi	107, Mornington Crescent, Hounslow, Greater London TW5 9SU	£5,303	99	6	Terraced House
£965K	11/21	2.27 mi	13, Cranborne Avenue, Southall, Greater London UB2 4HY	-	-	6	Semi-Detached House
£750K	12/20	2.4 mi	84, Burns Way, Hounslow, Greater London TW5 9BB	£3,623	207	6	Terraced House
£404K	11/22	2.43 mi	78, Melbury Avenue, Southall, Greater London UB2 4HT	£4,591	88	6	Terraced House
£1.3M	11/21	2.5 mi	293, Norwood Road, Southall, Greater London UB2 4JJ	£3,970	335	6	Detached House
£545K	08/22	2.58 mi	74, Ferrers Avenue, West Drayton, Greater London UB7 7AB	£5,924	92	6	Detached House
£625K	09/20	2.62 mi	316, Church Road, Northolt, Greater London UB5 5AP	£4,252	147	6	Semi-Detached House
£750K	05/22	2.66 mi	52, Great South West Road, Hounslow, Greater London TW4 7NF	-	-	6	Semi-Detached House
£795K	03/23	2.67 mi	27, Broad Walk, Hounslow, Greater London TW5 9AA	£4,907	162	6	Semi-Detached House
£960K	11/22	2.77 mi	50, Greencroft Road, Hounslow, Greater London TW5 0BQ	-	-	6	Detached House
£1.0M	04/21	2.79 mi	76, Vine Lane, Uxbridge, Greater London UB10 0BE	£5,876	177	6	Detached House
£721.5K	05/21	2.83 mi	139, Ravenor Park Road, Greenford, Greater London UB6 9QZ	£5,508	131	6	Detached House
£865K	11/21	2.83 mi	131, Ravenor Park Road, Greenford, Greater London UB6 9QZ	£12,183	71	6	Detached House
£721.5K	05/21	2.84 mi	139, Ravenor Park Road, Greenford, Greater London UB6 9QZ	£5,508	131	6	Detached House
£547K	10/21	2.85 mi	44, Sutton Hall Road, Hounslow, Greater London TW5 0PY	£4,176	131	6	Terraced House
£551K	10/20	2.88 mi	3, John Street, Hounslow, Greater London TW3 4LS	£6,975	79	6	Semi-Detached House
£730K	09/21	2.92 mi	52, Ravenor Park Road, Greenford, Greater London UB6 9QY	£7,766	94	6	Detached House

Local Area Statistics

Population in UB3	48,47448,474
Population in Hayes	88,04788,047
Town centre distance	0.08 miles away0.08 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.57 miles away0.57 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+22%+22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £700,000

February 17, 2024

Sold for £250,000

2005

Floor Plans

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. Highly Recommended! Call NOW!

Agent Details

Hiltons Estates, Southall

020 3905 5310

Next Steps?

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

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6 Bed HMO, Hayes, UB3 2BY, £700,000

ValuationFair Value

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices