2 Bed Flat, Single Let, West Drayton, UB7 7DL, £249,000





ValuationUndervalued
Sold Prices | £112.5K - £320K |
Sold Prices/m² | £2.3K/m² - £5.9K/m² |
| |
Square Metres | 69.37 m² |
Price/m² | £3.6K/m² |
Value Estimate | £306,270 |
BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,250 |
Stamp Duty & Legal Fees | £8,670 |
Total Cash In | £70,920 |
| |
Cash Out | |
Rent Range | £1,500 - £1,950 |
Rent Estimate | £1,531 |
Running Costs/mo | £1,104 |
Cashflow/mo | £427 |
Cashflow/yr | £5,120 |
ROI | 7% |
Gross Yield | 7% |
Local Sold Prices
32 sold prices from £112.5K to £320K, average is £275K. £2.3K/m² to £5.9K/m², average is £4.7K/m².
Local Rents
11 rents from £1.5K/mo to £1.9K/mo, average is £1.6K/mo.
Local Area Statistics
Population in UB7 | 29,741 |
Town centre distance | 0.56 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.77 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +61% |
Sales demand | Balanced market |
Capital growth (5yrs) | +4% |
Property History
Listed for £249,000
September 27, 2024
Sold for £220,000
2013
Sold for £203,000
2007
Sold for £186,000
2002
Sold for £126,000
2000
Sold for £45,000
1998
Sold for £101,950
1996
Description
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