6 Bed HMO, Hayes, UB3 2HS, £700,000

85 East Avenue, Hayes, Greater London, UB3 2HS - 25 views - a year ago

HMO
ROI: 5%
115 m²
+4 photos

ValuationOvervalued

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

 

 

Square Metres

115 m²
Price/m²£6.1K/m²

Value Estimate

£621,613

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£44,700

Total Cash In

£219,700

 

 

Cash Out

 

Room Rate

£806

Gross Rent

£4,836

Running Costs/mo

£4,000

Cashflow/mo

£836

Cashflow/yr

£10,030

ROI

5%

Gross Yield

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.

PriceDateDistanceAddressBeds 
£625K12/201.26 mi2, Derley Road, Southall, Greater London UB2 5EJ6
£580K11/211.28 mi372, Balmoral Drive, Hayes, Greater London UB4 8DL6
£775K09/221.72 mi17, Darris Close, Hayes, Greater London UB4 9RX6
£540K12/232.09 mi4, Micawber Avenue, Uxbridge, Greater London UB8 3NY6
£1.0M03/232.11 mi4, St Margarets Avenue, Uxbridge, Greater London UB8 3HH6
£1.4M06/232.16 mi21, Firs Drive, Hounslow, Greater London TW5 9TA6
£965K11/212.17 mi13, Cranborne Avenue, Southall, Greater London UB2 4HY6
£525K08/232.2 mi107, Mornington Crescent, Hounslow, Greater London TW5 9SU6
£525K06/212.21 mi8, Peach Tree Avenue, West Drayton, Greater London UB7 8DH6
£404K11/222.31 mi78, Melbury Avenue, Southall, Greater London UB2 4HT6
£750K12/202.38 mi84, Burns Way, Hounslow, Greater London TW5 9BB6
£1.3M11/212.41 mi293, Norwood Road, Southall, Greater London UB2 4JJ6
£625K09/202.5 mi316, Church Road, Northolt, Greater London UB5 5AP6
£795K03/232.65 mi27, Broad Walk, Hounslow, Greater London TW5 9AA6
£750K05/222.66 mi52, Great South West Road, Hounslow, Greater London TW4 7NF6
£721.5K05/212.69 mi139, Ravenor Park Road, Greenford, Greater London UB6 9QZ6
£865K11/212.69 mi131, Ravenor Park Road, Greenford, Greater London UB6 9QZ6
£721.5K05/212.7 mi139, Ravenor Park Road, Greenford, Greater London UB6 9QZ6
£545K08/222.73 mi74, Ferrers Avenue, West Drayton, Greater London UB7 7AB6
£960K11/222.73 mi50, Greencroft Road, Hounslow, Greater London TW5 0BQ6
£730K09/212.78 mi52, Ravenor Park Road, Greenford, Greater London UB6 9QY6
£547K10/212.78 mi44, Sutton Hall Road, Hounslow, Greater London TW5 0PY6
£551K10/202.85 mi3, John Street, Hounslow, Greater London TW3 4LS6
£1.0M04/212.86 mi76, Vine Lane, Uxbridge, Greater London UB10 0BE6

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

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £700,000

February 17, 2024

Sold for £220,000

2004

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! +

HALLWAY  

KITCHEN 15' 10" x 10' 0" (4.83m x 3.05m)  

BEDROOM 10' 10" x 10' 7" (3.3m x 3.23m)  

BATHROOM 7' 0" x 2' 10" (2.13m x 0.86m)  

BEDROOM 12' 10" x 4' 8" (3.91m x 1.42m)  

11' 0" x 5' 0" (3.35m x 1.52m)  

BEDROOM 17' 10" x 6' 7" (5.44m x 2.01m)  

10' 0" x 7' 7" (3.05m x 2.31m)  

BATHROOM 7' 2" x 3' 0" (2.18m x 0.91m)  

FIRST FLOOR  

HALLWAY 9' 6" x 5' 6" (2.9m x 1.68m)  

BEDROOM 8' 11" x 7' 10" (2.72m x 2.39m)  

BEDROOM 11' 2" x 10' 11" (3.4m x 3.33m)  

BEDROOM 10' 7" x 10' 7" (3.23m x 3.23m)  

BATHROOM 7' x 4' 10" (2.13m x 1.47m)  

BATHROOM 6' 3" x 4' 5" (1.91m x 1.35m)

Agent Details

Hiltons Estates, Southall

020 8629 1716

Next Steps?

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