3 Bed Flat, Single Let, Ruislip, HA4 8NR, £325,000

Park Way, Ruislip, Middlesex, HA4 8NR - 1 views - 8 months ago

Leasehold
BTL
ROI: 6%
~105 m²
+7 photos

ValuationUndervalued

Sold Prices£285K - £652.5K
Sold Prices/m²£3.1K/m² - £8.9K/m²

 

 

Square Metres

~104.98 m²
Price/m²£3.1K/m²

Value Estimate

£399,750
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£650 - £3,100

Rent Estimate

£1,887

Running Costs/mo

£1,413

Cashflow/mo

£474

Cashflow/yr

£5,688

ROI

6%

Gross Yield

7%

Local Sold Prices

23 sold prices from £285K to £652.5K, average is £410K. £3.1K/m² to £8.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£325K11/210.5 mi26, Garden Close, Ruislip, Greater London HA4 6DB3
£346.5K05/210.51 mi18, Garden Close, Ruislip, Greater London HA4 6DB3
£350K03/230.67 mi114a, Field End Road, Pinner, Greater London HA5 1RL3
£365K08/210.67 mi96a, Field End Road, Pinner, Greater London HA5 1RL3
£285K05/230.7 mi97a, Field End Road, Pinner, Greater London HA5 1QG3
£410K03/230.9 mi2, Kaduna Close, Pinner, Greater London HA5 2PZ3
£421K03/210.9 mi4, Kaduna Close, Pinner, Greater London HA5 2PZ3
£545K06/211 mi10, Keswick Gardens, Ruislip, Greater London HA4 7XN3
£652.5K02/211.19 mi23, Curzon Place, Pinner, Greater London HA5 2TQ3
£340K01/231.24 mi36, Haydon Drive, Pinner, Greater London HA5 2PN3
£495K12/201.49 mi31, Deane Avenue, Ruislip, Greater London HA4 6SP3
£610K07/231.73 mi8a, West End Avenue, Pinner, Greater London HA5 1BJ3
£329.5K04/211.73 mi41, Grove Avenue, Pinner, Greater London HA5 5NU3
£375K08/231.79 mi87a, Marsh Road, Pinner, Greater London HA5 5PA3
£390K07/211.83 miFlat 68, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL3
£440K04/231.83 miFlat 54, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL3
£420K06/211.83 miFlat 59, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL3
£418K04/211.83 miFlat 62, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL3
£382K11/201.84 miFlat 58, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL3
£550K12/231.84 miElm Park Court, Flat 20, Elm Park Road, Pinner, Greater London HA5 3LJ3
£530K08/231.84 miFlat 16, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LJ3
£365K11/201.85 miFlat 64, Elm Park Court, Elm Park Road, Pinner, Greater London HA5 3LL3
£465K06/231.95 mi8, Valley Close, Pinner, Greater London HA5 3UR3

Local Rents

20 rents from £650/mo to £3.1K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,60004/240.16 miOld Hatch Manor, Ruislip3
£2,00004/240.21 miBrixham Crescent, Ruislip, Middlesex, HA43
£2,40004/240.26 miChelston Approach, Ruislip HA43
£2,20012/240.3 mi-3
£2,20004/240.3 miChelston Road, Ruislip, HA43
£1,88512/240.3 mi-3
£2,16012/240.3 mi-3
£2,25012/240.31 mi-3
£3,00012/240.31 mi-3
£2,30004/250.31 mi-3
£2,15004/250.39 mi-3
£2,25003/250.42 mi-3
£2,50003/240.42 miBeverley Road, Ruislip, Middlesex, HA43
£2,10004/240.46 miRuislip Manor, Middlesex3
£1,90004/240.53 miKent Gardens, Ruislip, HA43
£3,10012/240.54 mi-3
£2,90004/250.54 mi-3
£2,00004/240.55 miBessingby Road, Ruislip, HA43
£65001/250.58 mi-3
£65001/250.58 mi-3

Local Area Statistics

Population in HA4

50,092

Town centre distance

0.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+44%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £325,000

December 23, 2024

Listed for £375,000

August 23, 2024

Floor Plans

Description

  • Duplex Apartment +
  • Gross yield of 9.12% with potential for uplift +
  • Scope for further development subject to the normal planning consents +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Fitted Kitchen +
  • Bathroom & Separate w/c +
  • No Chain +
  • Footsteps from Ruislip Manor High Street and Station +
  • Leasehold 109 Years - EPC Rating D - Council Tax Band D +

Ideal for first time buyers or investors alike this three-bedroom duplex apartment with two reception rooms is ideally place close to the amenities and transport links of Ruislip Manor. The property is situated just off Ruislip Manor high street and is footsteps from the Metropolitan and Piccadilly Line Station offering a most convenient lifestyle. Excellent potential for further development subject to the normal planning consents.

The property comprises an entrance hallway, two reception rooms and a fitted kitchen with a door out to the rear of the property. Upstairs there are three good sized bedrooms and a shower room and separate w/c.

Park Way is situated just a stone’s throw away from Ruislip Manor’s bustling high street offering a wide range of local amenities, for more extensive shopping with Ruislip High Street just a short walk away. For the commuter, the Metropolitan and Piccadilly line station can be found at both Ruislip Manor and Ruislip providing swift regular access into Baker Street and the City as well as various bus links providing links to the local areas and Central line and Mainline services are available a short distance away.

Agent Details

Gibbs Gillespie, Ruislip Sales

01895 542621

Next Steps?

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