2 Bed Flat, Single Let, Hayes, UB4 9UU, £215,000

Dunedin Way, Hayes, UB4 9UU - 6 months ago

Leasehold
Auction
BTL
ROI: 9%
~72 m²
+15 photos

ValuationUndervalued

Sold Prices£175K - £415K
Sold Prices/m²£3K/m² - £6.9K/m²

 

 

Square Metres

~71.60 m²
Price/m²£3K/m²

Value Estimate

£266,600
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£11,950

Total Cash In

£65,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,350

Rent Estimate

£1,450

Running Costs/mo

£982

Cashflow/mo

£468

Cashflow/yr

£5,618

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £175K to £415K, average is £290K. £3K/m² to £6.9K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£273K06/220.27 mi249, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£272.5K06/210.27 mi257a, Shakespeare Avenue, Hayes, Greater London UB4 9AQ2
£255K06/210.29 mi25a, Stratford Road, Hayes, Greater London UB4 9EL2
£194K06/210.29 mi55, Mimosa Road, Hayes, Greater London UB4 9EQ2
£175K10/200.29 mi53, Mimosa Road, Hayes, Greater London UB4 9EQ2
£265K07/230.3 mi12, Hammet Close, Hayes, Greater London UB4 9RR2
£290K10/220.31 mi26a, Stratford Road, Hayes, Greater London UB4 9EN2
£240K11/200.31 mi6a, Stratford Road, Hayes, Greater London UB4 9EN2
£280K01/210.31 mi28, Stratford Road, Hayes, Greater London UB4 9EN2
£285K02/210.31 mi1, Stratford Road, Hayes, Greater London UB4 9EL2
£297K02/230.33 mi87, Barnhill Road, Hayes, Greater London UB4 9AR2
£287.5K05/210.33 mi8, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.33 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£277K02/210.33 mi2a, Avon Close, Hayes, Greater London UB4 9AH2
£325K04/230.33 mi55, Barnhill Road, Hayes, Greater London UB4 9AR2
£268K11/200.35 mi225, Shakespeare Avenue, Hayes, Greater London UB4 9AG2
£260K01/210.35 mi237a, Shakespeare Avenue, Hayes, Greater London UB4 9AG2
£325K11/220.35 mi6, Barnard Gardens, Hayes, Greater London UB4 9ER2
£280K10/200.35 mi3a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£295K12/230.36 mi8a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£270K01/210.36 mi11a, Barnard Gardens, Hayes, Greater London UB4 9ER2
£340K11/210.4 mi17, Westend Gardens, Northolt, Greater London UB5 6QR2
£310K03/230.43 mi41, Helmsdale Close, Hayes, Greater London UB4 9QS2
£375K03/230.48 mi60, Edward Road, Northolt, Greater London UB5 6QP2
£261.5K09/220.49 miFlat 11, Green Acres House, Welbeck Avenue, Hayes, Greater London UB4 9JR2
£350K09/230.5 mi15, Rushdene Crescent, Northolt, Greater London UB5 6NE2
£279K06/230.5 mi53, Acer Avenue, Hayes, Greater London UB4 9NP2
£312K09/200.52 mi8, Trevor Close, Northolt, Greater London UB5 6ND2
£350K03/230.52 mi27, Trevor Close, Northolt, Greater London UB5 6ND2
£310K02/210.54 mi3, Down Way, Northolt, Greater London UB5 6NP2
£320K06/210.55 mi108, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£315K12/200.56 mi112, Rushdene Crescent, Northolt, Greater London UB5 6NH2
£191.3K09/200.57 mi57, Lamb Close, Northolt, Greater London UB5 6AJ2
£330K11/200.57 mi2, Trevor Gardens, Northolt, Greater London UB5 6NB2
£415K11/220.59 mi75, Aspen Lane, Northolt, Greater London UB5 6XG2
£325K02/230.62 mi7, Parkfield Drive, Northolt, Greater London UB5 5NR2
£300K01/230.72 mi99, Bournemead Avenue, Northolt, Greater London UB5 6PX2
£343K12/220.75 mi10, Mulberry Close, Northolt, Greater London UB5 5PP2
£295K08/210.76 miApartment 255, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£297K07/230.76 miApartment 245, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£295K06/210.76 miApartment 217, Welford House, Waxlow Way, Northolt, Greater London UB5 6FW2
£280K06/210.8 mi29, Vanbrough Crescent, Northolt, Greater London UB5 5JR2
£285K02/210.8 miApartment 2, Middlewich House, Taywood Road, Northolt, Greater London UB5 6GF2
£315K11/230.8 miMiddlewich House, Apartment 27, Taywood Road, Northolt, Greater London UB5 6GF2
£315K03/210.81 mi7, Shelley Close, Hayes, Greater London UB4 0QW2
£235K11/220.82 miFlat 37, Brecon House, Taywood Road, Northolt, Greater London UB5 6GU2
£290K11/230.82 miBrecon House, Flat 24, Taywood Road, Northolt, Greater London UB5 6GU2
£322.5K06/230.82 mi15, Shelley Close, Hayes, Greater London UB4 0QW2
£282.5K12/200.91 mi15, Devonshire Way, Hayes, Greater London UB4 0JA2
£267K01/230.91 mi176, Makepeace Road, Northolt, Greater London UB5 5UJ2

Local Rents

22 rents from £1.4K/mo to £2.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,20010/240.1 mi-2
£2,00011/240.2 mi-2
£1,80010/240.2 miWillow Tree Lane, Hayes2
£1,50012/240.23 mi-2
£1,45010/240.25 miDehavilland Close, Northolt, UB52
£1,50010/240.27 miShakespeare Avenue, Hayes, Middlesex, UB42
£1,60010/240.29 miHammet Close, Hayes, Middlesex2
£2,20012/240.32 mi-2
£2,00001/250.33 mi-2
£1,60010/240.34 miBarnhill Road, North Hayes, UB42
£1,55010/240.36 miBarnard Gardens, Hayes, Middlesex, UB42
£1,60010/240.37 mi-2
£1,85002/240.4 mi-2
£1,65010/240.42 mi-2
£1,45010/240.43 miYeading Lane, Northolt, Middlesex, UB52
£2,35002/250.44 mi-2
£1,60003/250.45 mi-2
£2,20001/250.46 mi-2
£2,15001/250.46 mi-2
£2,00011/240.48 mi-2
£2,00012/240.48 mi-2
£1,50010/240.54 mi-2

Local Area Statistics

Population in UB4

39,573

Population in Hayes

88,047

Town centre distance

1.57 miles away

Nearest school

0.10 miles away

Nearest train station

1.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £215,000

March 8, 2025

Price changed to £225,000

February 16, 2025

Price changed to £240,000

December 26, 2024

Price changed to £260,000

December 4, 2024

Listed for £290,000

August 28, 2024

Floor Plans

Description

  • Buyers Fee Payable +
  • Buy-it-now option available +
  • Being sold by GOTO online auction +
  • Spacious and bright living room. +
  • Modern kitchen/dining room. +
  • Generous main bedroom with ample light. +
  • Well-sized second bedroom. +
  • Modern family bathroom. +
  • Close to local amenities and transport. +
  • Great potential as a rental investment. +

This inviting two-bedroom home is situated across two spacious floors. The first floor features a bright and airy living room, perfect for relaxing and entertaining guests. The well-proportioned kitchen/dining room is ideal for family meals, with easy access to the outdoor space. There’s also a convenient WC located on this floor. Upstairs, the main bedroom offers generous space and natural light, with a second well-sized bedroom that’s ideal for family or guests. The modern family bathroom serves both bedrooms efficiently. Located near local amenities and well-connected by public transport, this property is perfect for families or professionals. Its layout and location also make it a superb rental investment.

EPC band: D

**Property ownership information Leasehold Information: 125 years from 20 July 2017. Service charge: £120.00 **

Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well. This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions. To book a viewing visit Yopa. Auctioneer's Comments: This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department. Buyer Fees Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6,600 including VAT a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market. Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Anglia & London

01270 447764

Next Steps?

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