2 Bed Flat, Single Let, Feltham, TW13 4DN, £160,000

Hunter House, Hazel Grove, Feltham, TW13 4DN - 8 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 15%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£80K - £475K
Sold Prices/m²£1.5K/m² - £6.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£195,200
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£500 - £2,250

Rent Estimate

£1,350

Running Costs/mo

£790

Cashflow/mo

£560

Cashflow/yr

£6,720

ROI

15%

Gross Yield

10%

Local Sold Prices

50 sold prices from £80K to £475K, average is £268.8K. £1.5K/m² to £6.6K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£230K11/200.09 mi97, Southern Avenue, Feltham, Greater London TW14 9NE2
£260K04/210.11 mi31, Eldridge Close, Feltham, Greater London TW14 9NF2
£275K03/210.11 miFlat 64, Camellia House, Tilley Road, Feltham, Greater London TW13 4GJ2
£280K08/230.11 miFlat 28, Camellia House, Tilley Road, Feltham, Greater London TW13 4GJ2
£269K08/210.14 miFlat 39, Berberis House, Highfield Road, Feltham, Greater London TW13 4GP2
£295K10/230.14 miFlat 120, Berberis House, Highfield Road, Feltham, Greater London TW13 4GR2
£206K12/220.14 miFlat 77, Berberis House, Highfield Road, Feltham, Greater London TW13 4GP2
£268K03/210.14 miFlat 46, Berberis House, Highfield Road, Feltham, Greater London TW13 4GP2
£260K01/230.14 miFlat 97, Berberis House, Highfield Road, Feltham, Greater London TW13 4GQ2
£255K03/240.14 miHamlyn House, Flat 31, High Street, Feltham, Greater London TW13 4GA2
£232K06/230.14 miFlat 22, Hamlyn House, High Street, Feltham, Greater London TW13 4GA2
£274K09/210.18 miFlat 24, Azalea House, Bedfont Lane, Feltham, Greater London TW13 4GB2
£250.5K03/210.29 mi16, Pacific Close, Feltham, Greater London TW14 9XE2
£330K08/230.35 mi20, Hanworth Road, Feltham, Greater London TW13 5AB2
£275K06/210.38 mi47, Florence Road, Feltham, Greater London TW13 5AN2
£250K07/210.43 mi294, Redford Close, Feltham, Greater London TW13 4TH2
£275K03/240.43 mi12, Park Way, Feltham, Greater London TW14 9DJ2
£475K11/200.43 mi7a, Vineyard Road, Feltham, Greater London TW13 4HQ2
£321K11/220.45 mi36, Hounslow Road, Feltham, Greater London TW14 9DG2
£313K07/220.48 mi17, Park Way, Feltham, Greater London TW14 9DH2
£285K12/220.49 mi368, Redford Close, Feltham, Greater London TW13 4TL2
£285K02/210.51 mi73, Oak Way, Feltham, Greater London TW14 8AT2
£295K08/230.51 mi71, Oak Way, Feltham, Greater London TW14 8AT2
£240K03/210.51 mi190, Redford Close, Feltham, Greater London TW13 4TF2
£240K01/210.51 mi193, Redford Close, Feltham, Greater London TW13 4TF2
£232K11/200.52 mi423, Redford Close, Feltham, Greater London TW13 4TN2
£246K11/220.53 mi155, Redford Close, Feltham, Greater London TW13 4TE2
£260K08/220.54 mi36, Oak Way, Feltham, Greater London TW14 8AS2
£315K09/220.54 mi48, Shakespeare Avenue, Feltham, Greater London TW14 9HX2
£317.5K08/210.54 miFlat 3, Fredellen Maisonettes, Alfred Road, Feltham, Greater London TW13 5DQ2
£268.5K01/210.58 miFlat 3, Cromwell Lodge, Bedfont Road, Feltham, Greater London TW13 4JX2
£300K05/240.64 mi69, Burns Avenue, Feltham, Greater London TW14 9LX2
£320K11/220.67 mi321a, Bedfont Lane, Feltham, Greater London TW14 9SB2
£295K08/230.67 mi143, Field Road, Feltham, Greater London TW14 0BQ2
£258K08/210.69 mi421, Staines Road, Feltham, Greater London TW14 9HA2
£258K06/210.71 miFlat 45, Azure Court, Elvedon Road, Feltham, Greater London TW13 4RR2
£290K08/230.72 miFlat 44, Azure Court, Elvedon Road, Feltham, Greater London TW13 4RR2
£280K07/220.72 mi70, Harlington Road West, Feltham, Greater London TW14 0JJ2
£265K10/210.72 mi43, Elmcroft Close, Feltham, Greater London TW14 9HH2
£240K04/210.72 mi30, Elmcroft Close, Feltham, Greater London TW14 9HH2
£238K01/210.73 mi31, Elmcroft Close, Feltham, Greater London TW14 9HH2
£300K12/200.73 mi59, Ludlow Road, Feltham, Greater London TW13 7JE2
£300K11/230.75 mi9, Foxwood Close, Feltham, Greater London TW13 7DN2
£276K11/220.75 miFlat 115, Sienna Court, Elvedon Road, Feltham, Greater London TW13 4SG2
£190K11/200.76 mi60, Deerhurst Close, Feltham, Greater London TW13 7HT2
£250K07/210.77 miFlat 28, Indigo Court, Ashford Road, Feltham, Greater London TW13 4SE2
£250K12/200.78 mi19, Sunbury Crescent, Feltham, Greater London TW13 4PF2
£347K11/220.8 mi60, Kilross Road, Feltham, Greater London TW14 8SA2
£80K08/210.84 mi24, Padbury Close, Bedfont, Feltham, Greater London TW14 8SW2
£240K06/210.88 mi36, Larkham Close, Feltham, Greater London TW13 4QN2

Local Rents

50 rents from £500/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65004/250.07 mi-2
£1,95004/250.09 mi-2
£50004/250.14 mi-2
£1,75001/250.14 mi-2
£1,59511/240.14 mi-2
£1,75002/250.14 mi-2
£1,80002/250.14 mi-2
£1,95002/250.14 mi-2
£1,84004/250.14 mi-2
£1,75012/240.14 mi-2
£1,72501/250.14 mi-2
£1,85003/250.14 mi-2
£1,90004/250.14 mi-2
£1,60011/240.14 mi-2
£1,69503/250.15 mi-2
£2,00010/240.15 mi-2
£1,95002/250.16 mi-2
£1,75011/240.16 mi-2
£1,85003/250.16 mi-2
£1,95010/240.17 mi-2
£1,80004/250.17 mi-2
£1,80004/250.17 mi-2
£1,64904/250.18 mi-2
£1,75004/250.18 mi-2
£1,70004/250.18 mi-2
£1,80012/240.18 mi-2
£1,95002/250.18 mi-2
£1,70010/240.18 miBedfont Lane, Feltham2
£1,80001/250.24 mi-2
£1,80003/250.24 mi-2
£1,65001/250.24 mi-2
£1,85004/250.25 mi-2
£1,75001/250.25 mi-2
£1,85001/250.25 mi-2
£1,85004/250.25 mi-2
£1,80010/240.25 miKings House, Feltham, TW132
£1,79910/240.25 mi-2
£1,95004/250.26 mi-2
£1,77504/250.26 mi-2
£1,70010/240.27 miChurchill Close, Feltham, Middlesex, TW142
£1,79502/250.27 mi-2
£1,75010/240.27 miCravan Avenue, FELTHAM2
£1,75010/240.28 miCravan Avenue, FELTHAM2
£1,60011/240.28 mi-2
£1,85004/250.3 mi-2
£2,25004/250.3 mi-2
£1,51001/250.32 mi-2
£1,85010/240.33 miNine Elms Close, Feltham, TW142
£1,85010/240.33 mi-2
£2,00010/240.37 mi-2

Local Area Statistics

Population in TW13

36,127

Population in Feltham

64,101

Town centre distance

0.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £160,000

September 9, 2024

Floor Plans

Description

  • Twp bedrooms +
  • 10th Floor +
  • Double Glazed +
  • Entry Phone System +
  • Immendiate exchange of contracts available, +
  • Sold via'Secured Sale' +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Guide price £160,000.

Presented to the market this 10th floor apartment located in Feltham Town Centre. The property benefits from, two double bedrooms, double glazed windows and is located within walking distance to Feltham High Street and mainline station. The property currently has a tenant, until 30th October 2024, with the tenant paying £1350 per calendar month. Council Tax Band B.

The vendor has informed us that the remaining length of the lease is approximately 119 years, the Ground Rent is £10.00 per annum, Building Insurance is £1375 per annum and Service charge is £2800 per annum. We are awaiting confirmation of the tenure from the Vendors solicitors, and we advise that all interested parties should obtain verification and confirmation of the terms of the lease through their solicitor or surveyor.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Hall
Reception Room 4.95m (16'3") x 4.39m (14'5")
Bedroom One 4.85m (15'11") x 2.64m (8'8")
Bedroom Two 4.85m (15' 11") x 2.65m (8' 8")
We understand that the property is leasehold but have not yet been able to verify the terms and conditions of the lease. However, we are awaiting confirmation of the tenure from the Vendors solicitors and we advise that all interested parties should obtain verification and confirmation of the terms of the lease through their solicitor or surveyor.

Please note that it is not our company policy to test the services, heating systems and domestic appliances, therefore we cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor.

Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

Agent Details

Sherwoods Independent Estate Agents, Bedfont

020 3872 5307

Next Steps?

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