6 Bed HMO, Hayes, UB3 2BY £700,000

Central Avenue, Hayes, UB3 2BY - 2 years ago
HMO
Outside Article 4
ROI: 4%
~107 m²
Property image

ValuationOvervalued

Sold Prices£404K - £1.4M
Sold Prices/m²£3.7K/m² - £12.2K/m²

 

 

Square Metres

~107 m²
Price/m²£6.5K/m²

Value Estimate

£528,228

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£61,200

Total Cash In

£236,200

 

 

Cash Out

 

Room Rate

£815

Gross Rent

£4,890

Running Costs/mo

£4,012

Cashflow/mo

£878

Cashflow/yr

£10,535

ROI

4%

Gross Yield

8%

Local Sold Prices

34 sold prices from £404K to £1.4M, average is £850K. £3.7K/m² to £12.2K/m², average is £4.9K/m².

Price
Date
Distance
Address
Beds
 
£850K05/251.08 mi1, Carfax Road, Hayes UB3 4RB6
£850K05/251.08 mi1, Carfax Road, Hayes UB3 4RB6
£580K11/211.26 mi372, Balmoral Drive, Hayes, Greater London UB4 8DL6
£775K09/221.85 mi17, Darris Close, Hayes, Greater London UB4 9RX6
£775K09/221.86 mi17, Darris Close, Hayes UB4 9RX6
£775K09/221.86 mi17, Darris Close, Hayes UB4 9RX6
£540K12/232 mi4, Micawber Avenue, Uxbridge, Greater London UB8 3NY6
£1.0M03/232.02 mi4, St Margarets Avenue, Uxbridge, Greater London UB8 3HH6
£525K06/212.09 mi8, Peach Tree Avenue, West Drayton, Greater London UB7 8DH6
£1.4M06/232.14 mi21, Firs Drive, Hounslow, Greater London TW5 9TA6
£1.4M06/232.16 mi21, Firs Drive, Hounslow TW5 9TA6
£1.4M06/232.16 mi21, Firs Drive, Hounslow TW5 9TA6
£525K08/232.19 mi107, Mornington Crescent, Hounslow, Greater London TW5 9SU6
£965K11/212.27 mi13, Cranborne Avenue, Southall, Greater London UB2 4HY6
£1.4M04/232.35 mi23, Minterne Avenue, Southall UB2 4HW6
£1.4M04/232.35 mi23, Minterne Avenue, Southall UB2 4HW6
£404K11/222.43 mi78, Melbury Avenue, Southall, Greater London UB2 4HT6
£1.3M11/212.43 mi293, Norwood Road, Southall UB2 4JJ6
£1.3M11/212.43 mi293, Norwood Road, Southall UB2 4JJ6
£1.2M09/212.45 mi4, Old Dairy Grove, Southall UB2 4FG6
£1.2M09/212.45 mi4, Old Dairy Grove, Southall UB2 4FG6
£1.3M11/212.5 mi293, Norwood Road, Southall, Greater London UB2 4JJ6
£545K08/222.58 mi74, Ferrers Avenue, West Drayton, Greater London UB7 7AB6
£750K05/222.66 mi52, Great South West Road, Hounslow, Greater London TW4 7NF6
£795K03/232.67 mi27, Broad Walk, Hounslow, Greater London TW5 9AA6
£960K11/222.73 mi50, Greencroft Road, Hounslow TW5 0BQ6
£960K11/222.73 mi50, Greencroft Road, Hounslow TW5 0BQ6
£960K11/222.77 mi50, Greencroft Road, Hounslow, Greater London TW5 0BQ6
£645K11/242.79 mi252, Great West Road, Hounslow TW5 0BJ6
£645K11/242.79 mi252, Great West Road, Hounslow TW5 0BJ6
£865K11/212.83 mi131, Ravenor Park Road, Greenford, Greater London UB6 9QZ6
£721.5K05/212.84 mi139, Ravenor Park Road, Greenford, Greater London UB6 9QZ6
£547K10/212.85 mi44, Sutton Hall Road, Hounslow, Greater London TW5 0PY6
£730K09/212.92 mi52, Ravenor Park Road, Greenford, Greater London UB6 9QY6

Local Area Statistics

Population in UB3

48,474

Population in Hayes

88,047

Town centre distance

0.08 miles away

Nearest school

0.30 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £700,000

February 17, 2024

Sold for £250,000

2005

Floor Plans

Property image

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 8629 1716

Next Steps?

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