3 Bed Semi-Detached House, Refurb/BRRR, Hounslow, TW5 9AF, £525,000

166 Heston Road, Heston, Middlesex, TW5 0QU - 1 views - 9 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 5%
~80 m²
+6 photos

ValuationOvervalued

Sold Prices£172K - £735K
Sold Prices/m²£1.9K/m² - £7.6K/m²

 

 

Square Metres

~80.27 m²
Price/m²£6.5K/m²

Value Estimate

£425,000

 

 

End Value (After Refurb)

£435,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£42,369

Bridging Loan Interest

£13,781

Total Cash In

£219,850

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£435,000

Mortgage (After Refinance)

£326,250

Mortgage LTV

75%

Cash Left In

£219,850

Equity

£108,750

Rent Range

£1,700 - £5,500

Rent Estimate

£2,913

Running Costs/mo

£1,962

Cashflow/mo

£951

Cashflow/yr

£11,412

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £172K to £735K, average is £548.3K. £1.9K/m² to £7.6K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£490K03/210.06 mi27, Victoria Gardens, Hounslow, Greater London TW5 9DD3
£530K03/230.06 mi23, Adelaide Road, Hounslow, Greater London TW5 9AG3
£435K10/200.09 mi130, Springwell Road, Hounslow, Greater London TW5 9BP3
£482K04/210.09 mi100, Springwell Road, Hounslow, Greater London TW5 9BP3
£735K11/220.09 mi31, Shelley Crescent, Hounslow, Greater London TW5 9BQ3
£530K07/220.11 mi104, Springwell Road, Hounslow, Greater London TW5 9BP3
£530K02/230.13 mi94, Springwell Road, Hounslow, Greater London TW5 9EJ3
£586K10/220.16 mi46, Browning Way, Hounslow, Greater London TW5 9BE3
£540K10/220.17 mi80, St Leonards Gardens, Hounslow, Greater London TW5 9DH3
£578K12/220.17 mi12, St Leonards Gardens, Hounslow, Greater London TW5 9DH3
£445K12/200.18 mi244, Ash Grove, Hounslow, Greater London TW5 9DY3
£465K05/210.18 mi246, Ash Grove, Hounslow, Greater London TW5 9DY3
£172K05/230.18 mi55, Springwell Road, Hounslow, Greater London TW5 9EA3
£500K12/220.18 mi106, Vicarage Farm Road, Hounslow, Greater London TW5 0AE3
£730K09/230.18 mi2, Browning Way, Hounslow, Greater London TW5 9BE3
£500K10/230.19 mi66, Ash Grove, Hounslow, Greater London TW5 9DR3
£610K06/210.22 mi99, Shelley Crescent, Hounslow, Greater London TW5 9BH3
£495K12/230.23 mi153, Ash Grove, Hounslow, Greater London TW5 9DX3
£495K08/210.23 mi93, Ash Grove, Hounslow, Greater London TW5 9DX3
£642.5K10/220.24 mi53, Shelley Crescent, Hounslow, Greater London TW5 9BQ3
£525K06/210.25 mi217, Vicarage Farm Road, Hounslow, Greater London TW5 0AQ3
£633K12/200.26 mi30, Shelley Crescent, Hounslow, Greater London TW5 9BJ3
£633K12/200.26 mi30, Shelley Crescent, Hounslow, Greater London TW5 9BJ3
£603K06/230.26 mi24, Shelley Crescent, Hounslow, Greater London TW5 9BJ3
£630K12/220.27 mi43, Shelley Crescent, Hounslow, Greater London TW5 9BQ3
£475K01/230.27 mi8, Renfrew Road, Hounslow, Greater London TW4 7RN3
£613.9K05/230.28 mi40, Vicarage Farm Road, Hounslow, Greater London TW3 4NW3
£440K08/210.29 mi16, Orchard Avenue, Hounslow, Greater London TW5 0DU3
£470K01/210.29 mi13, Orchard Avenue, Hounslow, Greater London TW5 0DU3
£635K06/230.29 mi9, West Way, Hounslow, Greater London TW5 0JD3
£565K12/230.29 mi39, Renfrew Road, Hounslow, Greater London TW4 7RB3
£300K10/220.33 mi100, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£535K11/230.33 mi94, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£546.5K08/220.33 mi56, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£590K11/220.33 mi74, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£536K11/210.34 mi82, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£555K11/210.34 mi48, West Way, Hounslow, Greater London TW5 0JF3
£500K11/200.37 mi59, Armytage Road, Hounslow, Greater London TW5 9JL3
£505K01/210.37 mi67, Armytage Road, Hounslow, Greater London TW5 9JL3
£650K10/230.37 mi82, Greencroft Road, Hounslow, Greater London TW5 0BH3
£555K01/210.38 mi86, Greencroft Road, Hounslow, Greater London TW5 0BH3
£570K02/240.4 mi291, Vicarage Farm Road, Hounslow, Greater London TW5 0DR3
£621K10/200.4 mi51, Greencroft Road, Hounslow, Greater London TW5 0BH3
£570K06/230.41 mi19, Francis Road, Hounslow, Greater London TW4 7JU3
£638K05/210.42 mi45, Cranford Lane, Hounslow, Greater London TW5 9EP3
£622.5K10/230.42 mi239, Brabazon Road, Hounslow, Greater London TW5 9LW3
£570K08/220.43 mi5, Armytage Road, Hounslow, Greater London TW5 9JH3
£550K02/210.43 mi7, St Pauls Close, Hounslow, Greater London TW3 3DE3
£550K02/210.43 mi7, St Pauls Close, Hounslow, Greater London TW3 3DE3
£540K02/230.44 mi196, Cranford Lane, Hounslow, Greater London TW5 9JD3

Local Rents

38 rents from £1.7K/mo to £5.5K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,65010/240.06 mi-3
£1,90012/240.22 mi-3
£2,60001/250.25 mi-3
£4,00011/240.32 mi-3
£4,00001/250.32 mi-3
£2,45010/240.33 miWhytecroft, Heston3
£2,50010/240.33 mi-3
£2,50010/240.33 miWhytecroft, Middlesex, TW53
£3,50010/240.34 mi-3
£3,50010/240.34 mi-3
£3,10010/240.34 mi-3
£3,50010/240.34 mi-3
£2,30012/240.35 mi-3
£2,59001/250.36 mi-3
£4,00011/240.37 mi-3
£4,00002/250.37 mi-3
£5,50012/240.37 mi-3
£4,00002/250.37 mi-3
£2,40010/240.39 miBlossom Waye, TW5 93
£2,47503/250.42 mi-3
£2,50011/240.42 mi-3
£1,70011/240.42 mi-3
£2,20003/250.51 mi-3
£2,40003/250.51 mi-3
£2,40010/240.51 mi-3
£2,20003/250.51 mi-3
£2,80011/240.53 mi-3
£2,20010/240.54 miJohnson Road, Hounslow3
£2,75012/240.56 mi-3
£2,75012/240.56 mi-3
£2,80012/240.56 mi-3
£2,80012/240.56 mi-3
£2,70012/240.56 mi-3
£2,70001/250.56 mi-3
£2,30010/240.59 mi-3
£2,40002/250.6 mi-3
£2,10003/250.6 mi-3
£2,50010/240.6 miWestbrook Road , Hounslow , TW53

Local Area Statistics

Population in TW5

29,196

Population in Hounslow

96,666

Town centre distance

0.73 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+53%

Sales demand

Buyer's market

Capital growth (5yrs)

+46%

Property History

Listed for £525,000

June 19, 2024

Floor Plans

Description

  • No Onward Chain +
  • In Need of Modernisation +
  • Scope for Development (stpp) +
  • Three Bedrooms +
  • 'L' Shaped Through Lounge +
  • Extended Kitchen +
  • Family Bathroom + Ground Floor WC +
  • 80 Ft Rear Garden with Side Gated Access +
  • Front Garden with Potential for Off Street Parking +
  • Circa 870 Sq.Ft +

Sited on this well-regarded road just off the Great West Road comes this extended semi-detached house in need of moderation and with NO ONWARD CHAIN!

At present the property is spread over circa 870 sq.ft with three bedrooms, a ‘L’ shaped through lounge, extended kitchen, family bathroom suite and ground floor WC.

In addition, the property profits from an approximate 80ft rear garden with side gated access and a front garden with potential for off street parking.

The property offers further scope for development, subject to planning permission.

Located in the leafy and picturesque village of Heston, it lays nearby to open green space which has had plans approved to be regenerated into a National Park. The property also sits in the catchment to many local and reputable schools as well as walking distance to Hounslow West Underground Station. The A4/M4 serves Central London, Heathrow Airport and neighbouring towns for motorists.

Council Tax Band - D

Agent Details

DBK Estate Agents, Heston

020 3834 8481

Next Steps?

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