3 Bed Semi-Detached House, Refurb/BRRR, Staines, TW19 5AL, £425,000

10 Mafeking Road, Wraysbury, Berkshire TW19 5AL - 26 views - 7 months ago

Refurb/BRRR
ROI: 4%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£345K - £1.4M
Sold Prices/m²£3.4K/m² - £8.7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£435,218
BMV2%

 

 

End Value (After Refurb)

£508,687

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£49,200

Bridging Loan Interest

£11,156

Total Cash In

£191,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£508,687

Mortgage (After Refinance)

£381,515

Mortgage LTV

75%

Cash Released

£62,765

Cash Left In

£128,291

Equity

£127,172

Rent Range

£1,550 - £4,500

Rent Estimate

£2,731

Running Costs/mo

£2,156

Cashflow/mo

£575

Cashflow/yr

£6,902

ROI

4%

Gross Yield

8%

Local Sold Prices

44 sold prices from £345K to £1.4M, average is £483.5K. £3.4K/m² to £8.7K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£446K04/210.01 mi12, Mafeking Road, Wraysbury, Staines, Windsor And Maidenhead TW19 5AL3
£520K09/210.16 mi14, Wraysbury Road, Staines, Windsor And Maidenhead TW19 6HE3
£1.4M11/220.39 mi16, The Island, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5AS3
£555K12/220.4 mi12, Hythe End Road, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5AR3
£550K08/230.53 mi11, Wraysbury Road, Staines-upon-thames, Windsor And Maidenhead TW18 4TX3
£445.5K12/200.65 mi101, Wraysbury Road, Staines, Windsor And Maidenhead TW18 4TZ3
£480K04/210.65 mi41, Wraysbury Road, Staines-upon-thames, Windsor And Maidenhead TW18 4TZ3
£385K11/200.7 mi34, Woodhaw, Egham, Surrey TW20 9AR3
£450K07/230.7 mi28, Woodhaw, Egham, Surrey TW20 9AR3
£540K12/220.71 mi10, Strode Street, Egham, Surrey TW20 9BT3
£500K02/240.71 mi47, Strode Street, Egham, Surrey TW20 9BX3
£640K11/200.71 mi54, Crown Street, Egham, Surrey TW20 9DA3
£345K09/230.72 mi35, Denham Road, Egham, Surrey TW20 9BY3
£500K12/220.73 mi48, Strode Street, Egham, Surrey TW20 9BX3
£482K12/220.75 mi48, Hummer Road, Egham, Surrey TW20 9BS3
£472.5K12/230.76 mi55, Hummer Road, Egham, Surrey TW20 9BS3
£585K12/220.77 mi23, Hummer Road, Egham, Surrey TW20 9BW3
£425K11/200.78 mi16, Albany Place, Egham, Surrey TW20 9HG3
£485K07/210.78 mi61, Denham Road, Egham, Surrey TW20 9DF3
£525K07/230.78 mi61, Denham Road, Egham, Surrey TW20 9DF3
£445K12/220.78 mi60, Hummer Road, Egham, Surrey TW20 9BS3
£578K08/230.78 mi27, Hummer Road, Egham, Surrey TW20 9BW3
£420K12/230.78 mi5, Kings Road, Egham, Surrey TW20 9BN3
£520K08/230.78 mi16b, Kings Road, Egham, Surrey TW20 9BN3
£500K01/210.79 mi34, Hummer Road, Egham, Surrey TW20 9BW3
£452.5K03/230.79 mi7, Denham Road, Egham, Surrey TW20 9DD3
£441.8K12/230.8 mi20, Park Road, Egham, Surrey TW20 9BJ3
£435K08/230.82 mi73, Hummer Road, Egham, Surrey TW20 9BP3
£515K07/230.82 mi76, Hummer Road, Egham, Surrey TW20 9BP3
£480K06/210.84 mi2, Crown Street, Egham, Surrey TW20 9BQ3
£600K06/230.85 mi38, Crown Street, Egham, Surrey TW20 9BQ3
£402K06/230.85 mi6, Crown Street, Egham, Surrey TW20 9BQ3
£592K12/220.91 mi28, The Causeway, Staines-upon-thames, Surrey TW18 3AX3
£400K03/210.92 mi33, New Road, Staines, Surrey TW18 3DA3
£495K06/210.94 mi4, Tithe Lane, Wraysbury, Staines, Windsor And Maidenhead TW19 5NQ3
£555K04/230.94 mi4, Tithe Lane, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5NQ3
£415K01/230.94 mi25, New Road, Staines-upon-thames, Surrey TW18 3DH3
£535K11/220.95 mi23, New Road, Staines-upon-thames, Surrey TW18 3DJ3
£415K10/230.98 mi60, Grove Court, Egham, Surrey TW20 9PZ3
£420K07/230.98 mi19, Old School Court, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5BP3
£360K04/210.98 mi19, Old School Court, Wraysbury, Staines, Windsor And Maidenhead TW19 5BP3
£642K03/210.99 mi40, Station Road, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5NN3
£465K07/230.99 mi16, Century Road, Staines-upon-thames, Surrey TW18 3DB3
£520K06/230.99 mi9, The Grove, Egham, Surrey TW20 9QJ3

Local Rents

20 rents from £1.6K/mo to £4.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£4,50010/240.25 miFerry Lane, Wraysbury, Staines-upon-Thames, Berkshire, TW193
£2,50010/240.34 miFerry Lane, Wraysbury, Staines-upon-Thames, Berkshire, TW193
£4,50010/240.44 miWraysbury Hall, Ferry Lane, Wraysbury, Staines-Upon-Thames, TW193
£1,75010/240.69 mi, Egham, Surrey, TW203
£1,55010/240.75 miRunnymede Court, Egham, TW203
£2,25004/251 mi-3
£1,85010/241 miOld Mill Place, Wraysbury, Staines-upon-thames3
£2,30002/251.04 mi-3
£2,00012/231.09 mi-3
£1,95010/241.09 mi-3
£1,80010/241.1 miHigh Street, Egham, Surrey, TW203
£1,99510/241.11 miSurrey, TW203
£2,20004/251.11 mi-3
£2,30010/241.17 mi-3
£2,30010/241.17 miRoundway, Egham, TW203
£1,65010/241.18 miRusham Park Avenue, Egham, Surrey, TW203
£4,35010/241.23 mi-3
£4,35010/241.23 mi-3
£4,35001/251.23 mi-3
£3,65004/251.23 mi-3

Local Area Statistics

Population in TW19

16,177

Population in Staines

41,638

Town centre distance

1.78 miles away

Nearest school

1.10 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+95%

Sales demand

Buyer's market

Capital growth (5yrs)

+19%

Property History

Listed for £425,000

September 20, 2024

Floor Plans

Description

  • Semi Detached +
  • Three bedrooms +
  • Two reception rooms +
  • No Onward Chain +
  • Scope to Extend (S.T.P.P) +
  • Easry Access to M25 & Heathrow +

Three bedroom semi detached cottage, some modernisation required, scope to extend (S.T.P.P) - Viewing Advised!

A three bedroom semi detached cottage, in need of some modernisation but offering potential to extend both into the loft and at the rear (S.T.P.P). The property has a large entrance hall, lounge, dining room, kitchen and bathroom on the ground floor. Upstairs there are two large double bedrooms, with the third being a smaller double. The front garden is mainly laid to lawn, with scope for a driveway. The rear garden is approximately 60 feet long with a patio area, lawn and two sheds. Early viewing is advised. EPC Rating E.
Council Tax Band: Windsor and Maidenhead Royal Borough Council, Council Tax Band D for Wraysbury, being £1,617.67 for 2023/24.

Agent Details

The Frost Partnership, Wraysbury

01784 775304

Next Steps?

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