2 Bed Flat, Single Let, Staines, TW18 3DP, £258,000

Wendover Court Wendover Road, Staines-upon-Thames, Surrey, TW18 3DP - 4 views - 10 months ago

Sold STC

BTL

ROI: 5%

~68 m²

+1 photos

ValuationUndervalued

Sold Prices	£140K - £425K
Sold Prices/m²	£3.5K/m² - £8.5K/m²

Square Metres	~68.11 m²
Price/m²	£3.8K/m²
Value Estimate	£309,600£309,600
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£64,500£64,500
Stamp Duty & Legal Fees	£9,340£9,340
Total Cash In	£73,840£73,840

Cash Out
Rent Range	£1,350 - £3,395£1,350 - £3,395
Rent Estimate	£1,400
Running Costs/mo	£1,106£1,106
Cashflow/mo	£294£294
Cashflow/yr	£3,525£3,525
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

39 sold prices from £140K to £425K, average is £285K. £3.5K/m² to £8.5K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£330K	04/21	0.3 mi	4, Old School Mews, Staines, Surrey TW18 3HX	£3,750	88	2	Flat
£265K	12/20	0.31 mi	5, Mead Court, Egham, Surrey TW20 8XF	£4,818	55	2	Flat
£252K	03/21	0.31 mi	6, Mead Court, Egham, Surrey TW20 8XF	£4,582	55	2	Flat
£262.5K	10/23	0.32 mi	6, Mead Court, Egham, Surrey TW20 8XF	£4,773	55	2	Flat
£290K	04/21	0.35 mi	7a, Woodhaw, Egham, Surrey TW20 9AP	£4,531	64	2	Flat
£350K	11/23	0.35 mi	Flat 13, Manor Court, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT	-	-	2	Flat
£360K	11/23	0.35 mi	Manor Court, Flat 21, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT	£3,956	91	2	Flat
£230K	06/21	0.35 mi	Flat 14, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT	-	-	2	Flat
£285K	03/21	0.35 mi	Flat 13, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT	-	-	2	Flat
£285K	11/23	0.5 mi	Flat 4, Pegasus Court, Albany Place, Egham, Surrey TW20 9HW	-	-	2	Flat
£210K	09/23	0.5 mi	Flat 29, Pegasus Court, Albany Place, Egham, Surrey TW20 9HW	-	-	2	Flat
£302.5K	10/20	0.56 mi	Flat 22, Albany Court, Albany Place, Egham, Surrey TW20 9GP	-	-	2	Flat
£425K	04/21	0.56 mi	Flat 56, Thames Edge Court, Clarence Street, Staines, Surrey TW18 4BU	-	-	2	Flat
£300K	06/21	0.56 mi	Flat 18, Albany Court, Albany Place, Egham, Surrey TW20 9GP	-	-	2	Flat
£267K	06/21	0.57 mi	Flat 3, Gallery Court, Vicarage Road, Egham, Surrey TW20 9GH	-	-	2	Flat
£285K	04/23	0.57 mi	4, The Fernery, Staines-upon-thames, Surrey TW18 3JJ	£5,182	55	2	Flat
£312K	02/21	0.57 mi	7, The Fernery, Staines-upon-thames, Surrey TW18 3JJ	£5,571	56	2	Flat
£225K	06/21	0.58 mi	16, Runnymede Court, Egham, Surrey TW20 9AA	£3,462	65	2	Flat
£305K	10/22	0.59 mi	9, Cedar Court, Egham, Surrey TW20 9DB	£5,865	52	2	Flat
£290K	06/21	0.6 mi	1, Cedar Court, Egham, Surrey TW20 9DB	£4,915	59	2	Flat
£340K	07/23	0.6 mi	11, Simmons Place, Staines-upon-thames, Surrey TW18 3HW	£5,763	59	2	Flat
£335K	06/21	0.6 mi	7, Simmons Place, Staines, Surrey TW18 3HW	£8,503	39	2	Flat
£258K	05/23	0.61 mi	18, Cedar Court, Egham, Surrey TW20 9DB	£4,373	59	2	Flat
£270K	05/21	0.61 mi	8, Cedar Court, Egham, Surrey TW20 9DB	£4,561	59	2	Flat
£270.5K	10/21	0.61 mi	16, Cedar Court, Egham, Surrey TW20 9DB	£4,585	59	2	Flat
£360K	04/23	0.64 mi	30d, Riverside Drive, Staines-upon-thames, Surrey TW18 3JN	£4,492	80	2	Flat
£255K	06/21	0.64 mi	Flat 19, Henley Court, Denham Road, Egham, Surrey TW20 9DZ	-	-	2	Flat
£260K	11/22	0.68 mi	12, Wraysbury Gardens, Staines-upon-thames, Surrey TW18 4US	-	-	2	Flat
£415K	12/22	0.7 mi	70, Grove Court, Egham, Surrey TW20 9PZ	£6,148	68	2	Flat
£274K	01/24	0.79 mi	Tudor Court, Flat 10, Church Road, Egham, Surrey TW20 9HZ	£3,971	69	2	Flat
£245K	06/21	0.79 mi	Flat 7, Tudor Court, Church Road, Egham, Surrey TW20 9HZ	-	-	2	Flat
£270.5K	06/21	0.89 mi	20, Swallow Close, Staines, Surrey TW18 4RS	£5,304	51	2	Flat
£345K	04/21	0.9 mi	Flat 7, Hooper Court, Gresham Road, Staines, Surrey TW18 2AU	-	-	2	Flat
£295K	05/23	0.91 mi	20, Lark Avenue, Staines-upon-thames, Surrey TW18 4RX	£5,175	57	2	Flat
£284K	09/21	0.91 mi	63, Waters Drive, Staines, Surrey TW18 4RT	£5,358	53	2	Flat
£312.5K	12/22	0.94 mi	16, Lark Avenue, Staines-upon-thames, Surrey TW18 4RX	£5,896	53	2	Flat
£140K	02/21	1 mi	Flat 27, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£145K	03/21	1 mi	Flat 42, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£235K	08/23	1 mi	Flat 4, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat

Local Rents

28 rents from £1.4K/mo to £3.4K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,700	10/24	0.09 mi	-	2	Semi-Detached House
£1,400	10/24	0.22 mi	Hythe Park Road, Egham, Surrey, TW20	2	Flat
£1,750	10/24	0.25 mi	-	2	Semi-Detached House
£3,395	10/24	0.32 mi	-	2	Flat
£1,450	10/24	0.32 mi	-	2	Flat
£2,499	10/24	0.32 mi	-	2	Flat
£1,600	11/24	0.32 mi	-	2	Flat
£1,500	10/24	0.35 mi	Thorpe Road, Staines-upon-Thames, Surrey, TW18	2	Flat
£3,000	10/24	0.36 mi	-	2	Detached House
£3,000	10/24	0.36 mi	-	2	Detached House
£1,600	10/24	0.5 mi	The Avenue, Egham, Surrey, TW20	2	Terraced House
£1,495	10/24	0.53 mi	-	2	Flat
£1,495	10/24	0.56 mi	-	2	Flat
£1,350	03/25	0.56 mi	-	2	Flat
£1,800	10/24	0.56 mi	Clarence Street, Staines, Surrey, TW18	2	Flat
£2,200	10/24	0.56 mi	Clarence Street, Staines-upon-Thames	2	Flat
£1,650	10/24	0.56 mi	-	2	Flat
£1,645	02/25	0.56 mi	-	2	Flat
£1,650	10/24	0.56 mi	Thames Edge Court, Staines-Upon-Thames, TW18	2	Flat
£2,990	10/24	0.57 mi	-	2	Flat
£1,500	10/24	0.58 mi	Tudor Court, Church Road, Egham, Surrey, TW20	2	Flat
£1,650	10/24	0.58 mi	Runnymede Court, Egham, TW20	2	Terraced House
£1,650	10/24	0.58 mi	-	2	Terraced House
£1,400	10/24	0.59 mi	Provident House, Bridge Street, Staines-upon-Thames, Surrey, TW18	2	Flat
£1,500	10/24	0.6 mi	, Egham, Surrey, TW20	2	Terraced House
£1,700	10/24	0.61 mi	Clarence Street, Staines-Upon-Thames, Surrey, TW18	2	Flat
£1,800	10/24	0.61 mi	Egham, Surrey, TW20	2	Flat
£1,625	10/24	0.61 mi	-	2	Flat

Local Area Statistics

Population in TW18	25,45825,458
Population in Staines	41,63841,638
Town centre distance	0.98 miles away0.98 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.82 miles away0.82 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+10%+10%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £258,000

June 11, 2024

Floor Plans

Description

TWO DOUBLE BEDROOMS +
GARAGE IN BLOCK +
LONG LEASE +
LIVING/DINING ROOM +
SEPARATE KITCHEN +
BATHROOM +
COMMUNAL GARDEN +
DOUBLE GLAZING THROUGHOUT +
NO ONWARD CHAIN +

A large two double bedroom ground floor flat, offered for sale with ‘NO ONWARD CHAIN'. Benefits include gas central heating, full double glazing, private front door and garage in block. Large communal garden and visitors parking. Access to Staines upon Thames High Street/Station are a mile away. Ideal first time buy or investment