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2 Bed Flat, Single Let, Staines, TW18 2AQ, £275,000

Gresham Road, Staines-upon-Thames, TW18 2AQ - 1 views - 9 months ago

Leasehold
BTL
ROI: 3%
~60 m²
+7 photos

ValuationUndervalued

Sold Prices£220K - £425K
Sold Prices/m²£3.7K/m² - £8.5K/m²

 

 

Square Metres

~60.10 m²
Price/m²£4.6K/m²

Value Estimate

£316,223
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,250 - £2,990

Rent Estimate

£1,381

Running Costs/mo

£1,156

Cashflow/mo

£225

Cashflow/yr

£2,705

ROI

3%

Gross Yield

6%

Local Sold Prices

38 sold prices from £220K to £425K, average is £308.8K. £3.7K/m² to £8.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£345K04/210.07 miFlat 7, Hooper Court, Gresham Road, Staines, Surrey TW18 2AU2
£275K06/210.16 mi95, Edgell Road, Staines, Surrey TW18 2EN2
£325K04/210.17 mi26, Budebury Road, Staines, Surrey TW18 2AX2
£360K04/230.24 mi30d, Riverside Drive, Staines-upon-thames, Surrey TW18 3JN2
£340K07/230.29 mi11, Simmons Place, Staines-upon-thames, Surrey TW18 3HW2
£335K06/210.29 mi7, Simmons Place, Staines, Surrey TW18 3HW2
£285K04/230.31 mi4, The Fernery, Staines-upon-thames, Surrey TW18 3JJ2
£312K02/210.31 mi7, The Fernery, Staines-upon-thames, Surrey TW18 3JJ2
£325K01/210.34 mi28, Penton Road, Staines, Surrey TW18 2JY2
£425K04/210.4 miFlat 56, Thames Edge Court, Clarence Street, Staines, Surrey TW18 4BU2
£230K10/200.46 mi207a, Laleham Road, Staines-upon-thames, Surrey TW18 2NS2
£330K02/230.46 mi58, Sidney Road, Staines-upon-thames, Surrey TW18 4LX2
£358K09/230.46 miFlat 7, Swandrift, Riverside Road, Staines-upon-thames, Surrey TW18 2LE2
£340K12/200.46 miFlat 2, Thames Bank, Riverside Road, Staines, Surrey TW18 2LE2
£302.8K03/230.46 miFlat 7, Onslow Lodge, Riverside Road, Staines-upon-thames, Surrey TW18 2LE2
£270.5K06/210.51 mi20, Swallow Close, Staines, Surrey TW18 4RS2
£284K09/210.53 mi63, Waters Drive, Staines, Surrey TW18 4RT2
£350K11/230.56 miFlat 13, Manor Court, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT2
£360K11/230.56 miManor Court, Flat 21, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT2
£230K06/210.56 miFlat 14, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT2
£285K03/210.56 miFlat 13, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT2
£307.5K09/210.56 mi119, London Road, Staines-upon-thames, Surrey TW18 4HN2
£310K03/210.56 mi115, London Road, Staines, Surrey TW18 4HN2
£260K11/220.59 mi12, Wraysbury Gardens, Staines-upon-thames, Surrey TW18 4US2
£295K05/230.59 mi20, Lark Avenue, Staines-upon-thames, Surrey TW18 4RX2
£330K04/210.61 mi4, Old School Mews, Staines, Surrey TW18 3HX2
£295K03/230.61 miFlat 8, Heron Court, Leacroft Close, Staines-upon-thames, Surrey TW18 4NP2
£312.5K12/220.62 mi16, Lark Avenue, Staines-upon-thames, Surrey TW18 4RX2
£285K09/210.64 mi62a, Avondale Avenue, Staines, Surrey TW18 2NQ2
£270K04/210.64 mi72a, Avondale Avenue, Staines, Surrey TW18 2NQ2
£292K07/230.64 mi72a, Avondale Avenue, Staines-upon-thames, Surrey TW18 2NQ2
£307K07/230.65 mi14a, Penton Avenue, Staines-upon-thames, Surrey TW18 2NB2
£277K04/210.68 mi7a, Penton Avenue, Staines, Surrey TW18 2NA2
£265K03/210.72 mi142, Kingston Road, Staines, Surrey TW18 1BL2
£340K10/200.74 mi124, Avondale Avenue, Staines, Surrey TW18 2NF2
£320K07/230.75 mi93c, Avondale Avenue, Staines-upon-thames, Surrey TW18 2NE2
£220K12/220.75 mi116, Avondale Avenue, Staines-upon-thames, Surrey TW18 2NF2
£337.5K01/210.77 miFlat A, 182, Worple Road, Staines-upon-thames, Surrey TW18 1EH2

Local Rents

50 rents from £1.3K/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,49502/250.02 mi-2
£2,00010/240.1 mi-2
£2,50012/240.1 mi-2
£1,69512/240.1 mi-2
£1,45010/240.15 miEdgell Road, Staines-upon-Thames, Surrey, TW182
£1,69502/250.19 mi-2
£1,70011/240.23 mi-2
£1,50004/250.23 mi-2
£1,50010/240.24 miLaleham Road, Staines-upon-Thames, Surrey, TW182
£1,60010/240.27 miStaines, Surrey2
£1,75010/240.31 miThames Street, Staines2
£1,70010/240.31 mi-2
£1,50010/240.31 mi-2
£1,55012/240.31 mi-2
£1,25010/240.34 mi-2
£1,80010/240.34 miStaines-upon-Thames, Surrey, TW182
£1,62510/240.36 miPullmans Place, Staines, Middlesex, TW182
£1,50010/240.36 miSt. James Court, 58-60 Kingston Road, Staines-upon-Thames, Surrey, TW182
£1,49510/240.36 mi-2
£1,50010/240.37 miKingston Road, Staines, TW182
£1,70010/240.38 miClarence Street, Staines-Upon-Thames, Surrey, TW182
£1,69510/240.4 miKingston Road,Staines,TW182
£1,58004/250.4 mi-2
£1,50004/250.4 mi-2
£1,80010/240.4 miClarence Street, Staines, Surrey, TW182
£2,20010/240.4 miClarence Street, Staines-upon-Thames2
£1,99510/240.41 mi-2
£1,95001/240.41 mi-2
£1,90010/240.41 mi-2
£1,99510/240.41 mi-2
£2,00010/240.41 miFairfiled Avenue, Staines Upon Thames2
£1,89810/240.41 miEpsom House, London Square, Staines Upon Thames, TW182
£1,92810/240.41 miFairfield Avenue Staines TW182
£2,20010/240.41 miFairfield Avenue, Staines Upon Thames2
£2,15003/250.42 mi-2
£1,65010/240.42 miThames Edge Court, Staines-Upon-Thames, TW182
£1,65010/240.42 mi-2
£1,64502/250.42 mi-2
£1,95004/250.42 mi-2
£2,00010/240.43 miEpsom House, 2 Fairfield Avenue, Staines-upon-Thames, Surrey, TW182
£2,10010/240.43 miLavender House, Eden Grove, TW182
£1,95010/240.43 miCharter Square, High Street, Staines Upon Thames2
£1,37510/240.43 mi5 Fairfield Avenue, Staines-Upon-Thames, Middlesex, TW182
£2,10010/240.43 miHigh Street, Staines-upon-Thames, Surrey, TW182
£2,10010/240.43 miHigh Street, Staines-upon-Thames2
£1,99810/240.43 miSandown House, London Square, Staines Upon Thames, TW182
£1,99810/240.43 miSandown House, London Square, Staines, TW182
£2,00010/240.44 miSandown House, 124 High Street, Staines-Upon-Thames, Surrey, TW182
£1,65004/250.44 mi-2
£2,99010/240.45 mi-2

Links

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.14 miles away

Nearest school

0.30 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Price changed to £275,000

December 4, 2024

Listed for £290,000

July 2, 2024

Floor Plans

Description

  • IDEALLY LOCATED FOR STAINES TOWN CENTRE & MAINLINE TRAIN STATION +
  • LONG LEASE +
  • TWO DOUBLE BEDROOMS +
  • SPACIOUS LOUNGE/DINER +
  • GARAGE +
  • POPULAR DEVELOPMENT +

WITH GARAGE | VERY WELL PRESENTED & SPACIOUS TWO BEDROOM APARTMENT SITUATED IN THIS SOUGHT AFTER DEVELOPMENT IDEALLY LOCATED WITHIN MOMENTS OF STAINES TOWN CENTRE, MAINLINE TRAIN STATION & THE RIVER THAMES. The property is in good order throughout and benefits from a spacious lounge/diner open to modern fitted kitchen, two double bedrooms, modern white bathroom suite, garage and a long lease. No Onward Chain. Viewings Highly Recommended!

Agent Details

Gregory Brown, Staines

01784 918939

Next Steps?

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

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