5 Bed Detached House, Refurb/BRRR, Iver, SL0 0QD, £900,000

Thornbridge Road, Iver Heath, SL0 0QD - 8 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~184 m²
+17 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£78,700

Refurb Costs

£90,763

Bridging Loan Interest

£23,625

Total Cash In

£419,838

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,055,125

Mortgage (After Refinance)

£791,344

Mortgage LTV

75%

Cash Released

£116,344

Cash Left In

£303,495

Equity

£263,781

Rent Range

£1,700 - £6,500

Rent Estimate

£4,560

Running Costs/mo

£4,229

Cashflow/mo

£331

Cashflow/yr

£3,972

ROI

1%

Gross Yield

6%













Local Rents

10 rents from £1.7K/mo to £6.5K/mo, average is £6K/mo.

RentDateDistanceAddressBeds 
£6,00010/240.22 mi-4
£6,00002/250.22 mi-4
£6,00003/250.22 mi-4
£6,00002/250.22 mi-6
£6,00002/250.22 mi-4
£6,50008/240.25 miPinewood Close, Iver , SL06
£2,55008/240.32 miChurch Road, Iver4
£2,50008/240.43 mi-4
£1,70008/240.53 miKeensacre, Iver, SL03
£2,35008/240.61 mi-4

Local Area Statistics

Population in SL0

11,149

Town centre distance

1.25 miles away

Nearest school

0.50 miles away

Nearest train station

1.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+100%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Price changed to £900,000

December 4, 2024

Price changed to £975,000

September 25, 2024

Listed for £1,000,000

July 22, 2024

Floor Plans

Description

  • WALKING DISTANCE TO SHOPS AND SCHOOLS +
  • GOOD AIRPORT AND MOTORWAY LINKS +
  • GOOD SIZE AND SECLUDED REAR GARDEN +
  • GOOD CONDITION +

A chance to purchase a quite beautiful 1975 square ft, four-bedroom detached character property which is offered for sale in excellent condition throughout. This property has been the subject of major improvement and modernisation by the present vendor, and therefore coupled with its excellent location, we urge you to contact us to register your interest as soon as possible, to avoid disappointment. This lovely family home is situated in most sought after Thornbridge Road and walking distance to local shops and amenities, which include a Co-op, Chemists and a Doctors Surgery. Internal accommodation includes a 26' x 12'5 bay fronted living room, which also offers a delightful double aspect. This space has folding doors which takes you through to the rear aspect dining room. The dining room has great views of the garden, plus also gives you access to it, as there are french doors. The 20'5 x 10'11 kitchen can be accessed directly from either the main hall or the diner, and features bespoke units, granite work surfaces and a breakfast bar. Some unique and standout features of this property are the integrated water sprinkler system that is integrated into the lawn as well as underfloor heating in the study and downstairs bathroom. This property really has it all. Completing this floor is a front aspect study that could be used as an additional bedroom and a modern shower room. Upstairs, the stunning master suite includes a 17'11 x 9'11 bedroom, a dressing area plus a stylish ensuite shower room. Bedroom two measures 12'6 x 12'2, offers a double aspect and fitted wardrobes, while bedroom three is an impressive 16'6 x 9'7. Bedroom four is another double aspect room and there is also a family bathroom on this floor. To the outside is a carriage drive, with block paved frontage and therefore parking for some four/five cars either side of a lawned centre, and to the rear is a well kept, secluded garden of around 40ft in length, with a patio and lawn. THE AREA Pinewood Green is situated within sought after Iver Heath, the home of Pinewood Studios and a range of schools, recreational facilities and local shopping amenities. As a Pinewood resident, there is a free weekly bus service to surrounding stations by Pinewood Film Studios. There is also easy walking access to the beautiful woodland walks at Black Park and Langley Park which are ideal for families and dog walkers. The larger centres of Uxbridge and Gerrards Cross provide a wider range of shopping facilities. Central London is easily accessible by road via the M40 (J1A) and M25 (J16) plus access to Heathrow and Gatwick Airports. Buckinghamshire is renowned for its education system, with an excellent choice of state and independent schools.

Agent Details

Hilton King & Locke, Iver

01753 980010

Next Steps?

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