6 Bed HMO, Hayes, UB3 2HS £700,000

85 East Avenue, Hayes, Greater London, UB3 2HS - 2 years ago

HMO

Outside Article 4

ROI: 4%

115 m²

ValuationOvervalued

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

Square Metres	115 m²
Price/m²	£6.1K/m²
Value Estimate	£566,375£566,375

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	£815£815
Gross Rent	£4,890£4,890
Running Costs/mo	£4,012£4,012
Cashflow/mo	£878£878
Cashflow/yr	£10,535£10,535
ROI	4%4%
Gross Yield	8%8%

Local Sold Prices

36 sold prices from £404K to £1.4M, average is £822.5K. £3.7K/m² to £12.2K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£850K	05/25	1.12 mi	1, Carfax Road, Hayes UB3 4RB	£4,913	173	6	Semi-Detached House
£850K	05/25	1.12 mi	1, Carfax Road, Hayes UB3 4RB	-	-	6	Semi-Detached House
£580K	11/21	1.28 mi	372, Balmoral Drive, Hayes, Greater London UB4 8DL	£5,631	103	6	Semi-Detached House
£775K	09/22	1.72 mi	17, Darris Close, Hayes, Greater London UB4 9RX	-	-	6	Detached House
£775K	09/22	1.72 mi	17, Darris Close, Hayes UB4 9RX	-	-	6	Detached House
£775K	09/22	1.72 mi	17, Darris Close, Hayes UB4 9RX	£4,844	160	6	Detached House
£540K	12/23	2.09 mi	4, Micawber Avenue, Uxbridge, Greater London UB8 3NY	£5,047	107	6	Detached House
£1.0M	03/23	2.11 mi	4, St Margarets Avenue, Uxbridge, Greater London UB8 3HH	-	-	6	Detached House
£1.4M	06/23	2.16 mi	21, Firs Drive, Hounslow, Greater London TW5 9TA	£6,233	221	6	Detached House
£965K	11/21	2.17 mi	13, Cranborne Avenue, Southall, Greater London UB2 4HY	-	-	6	Semi-Detached House
£1.4M	06/23	2.18 mi	21, Firs Drive, Hounslow TW5 9TA	£7,813	176	6	Detached House
£1.4M	06/23	2.18 mi	21, Firs Drive, Hounslow TW5 9TA	-	-	6	Detached House
£525K	08/23	2.2 mi	107, Mornington Crescent, Hounslow, Greater London TW5 9SU	£5,303	99	6	Terraced House
£525K	06/21	2.21 mi	8, Peach Tree Avenue, West Drayton, Greater London UB7 8DH	£4,253	123	6	Semi-Detached House
£1.4M	04/23	2.24 mi	23, Minterne Avenue, Southall UB2 4HW	£4,575	306	6	Detached House
£1.4M	04/23	2.24 mi	23, Minterne Avenue, Southall UB2 4HW	-	-	6	Detached House
£404K	11/22	2.31 mi	78, Melbury Avenue, Southall, Greater London UB2 4HT	£4,591	88	6	Terraced House
£1.3M	11/21	2.34 mi	293, Norwood Road, Southall UB2 4JJ	£4,634	287	6	Detached House
£1.3M	11/21	2.34 mi	293, Norwood Road, Southall UB2 4JJ	-	-	6	Detached House
£1.2M	09/21	2.36 mi	4, Old Dairy Grove, Southall UB2 4FG	£4,937	237	6	Detached House
£1.2M	09/21	2.36 mi	4, Old Dairy Grove, Southall UB2 4FG	-	-	6	Detached House
£1.3M	11/21	2.41 mi	293, Norwood Road, Southall, Greater London UB2 4JJ	£3,970	335	6	Detached House
£795K	03/23	2.65 mi	27, Broad Walk, Hounslow, Greater London TW5 9AA	£4,907	162	6	Semi-Detached House
£750K	05/22	2.66 mi	52, Great South West Road, Hounslow, Greater London TW4 7NF	-	-	6	Semi-Detached House
£960K	11/22	2.69 mi	50, Greencroft Road, Hounslow TW5 0BQ	£6,275	153	6	Detached House
£960K	11/22	2.69 mi	50, Greencroft Road, Hounslow TW5 0BQ	-	-	6	Detached House
£865K	11/21	2.69 mi	131, Ravenor Park Road, Greenford, Greater London UB6 9QZ	£12,183	71	6	Detached House
£721.5K	05/21	2.7 mi	139, Ravenor Park Road, Greenford, Greater London UB6 9QZ	£5,508	131	6	Detached House
£545K	08/22	2.73 mi	74, Ferrers Avenue, West Drayton, Greater London UB7 7AB	£5,924	92	6	Detached House
£960K	11/22	2.73 mi	50, Greencroft Road, Hounslow, Greater London TW5 0BQ	-	-	6	Detached House
£645K	11/24	2.76 mi	252, Great West Road, Hounslow TW5 0BJ	£3,686	175	6	Semi-Detached House
£645K	11/24	2.76 mi	252, Great West Road, Hounslow TW5 0BJ	-	-	6	Terraced House
£730K	09/21	2.78 mi	52, Ravenor Park Road, Greenford, Greater London UB6 9QY	£7,766	94	6	Detached House
£547K	10/21	2.78 mi	44, Sutton Hall Road, Hounslow, Greater London TW5 0PY	£4,176	131	6	Terraced House
£750K	02/25	2.97 mi	394, Great West Road, Hounslow TW5 0PB	£4,167	180	6	Semi-Detached House
£750K	02/25	2.97 mi	394, Great West Road, Hounslow TW5 0PB	-	-	6	Semi-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	0.66 miles away0.66 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+31%+31%

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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Outside Article 4

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