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

WATERFORD HOUSE Thorney Mill Road, West Drayton, Greater London, UB7 7DL - 4 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 7%
69 m²
+8 photos

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
BMV23%

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.

PriceDateDistanceAddressBeds 
£260K07/210 miFlat 3, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£263K03/210 miFlat 7, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£289K06/210 miFlat 2, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£265K01/230 miFlat 20, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£275K02/210.02 miFlat 27, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£290K06/210.28 mi63, Wren Drive, West Drayton, Greater London UB7 7NR2
£296K12/200.28 mi51, Wren Drive, West Drayton, Greater London UB7 7NR2
£300K11/230.28 mi45, Wren Drive, West Drayton, Greater London UB7 7NR2
£282K02/210.34 mi25, Wren Drive, West Drayton, Greater London UB7 7NW2
£298K08/230.45 mi77, Swan Road, West Drayton, Greater London UB7 7LA2
£270K03/210.52 mi28, Osprey Close, West Drayton, Greater London UB7 7JE2
£286K06/210.61 mi28a, Drayton Gardens, West Drayton, Greater London UB7 7LG2
£275K03/210.61 mi16a, Drayton Gardens, West Drayton, Greater London UB7 7LG2
£320K12/220.64 mi15, Classon Close, West Drayton, Greater London UB7 7JU2
£305K02/230.66 miFlat 5, Delaford House, Colham Mill Road, West Drayton, Greater London UB7 7AD2
£305K03/210.69 mi185c, Station Road, West Drayton, Greater London UB7 7NQ2
£300K04/210.7 mi22, Cherry Orchard, West Drayton, Greater London UB7 7JR2
£305K03/210.7 mi185c, Station Road, West Drayton, Greater London UB7 7NQ2
£270K04/210.71 mi95, Wordsworth Way, West Drayton, Greater London UB7 9HY2
£265K09/210.75 mi157, Wordsworth Way, West Drayton, Greater London UB7 9HX2
£310K11/200.76 mi22b, Warwick Road, West Drayton, Greater London UB7 9BZ2
£255K11/210.8 miFlat 3, Ashley Court, High Street, Yiewsley, West Drayton, Greater London UB7 7DN2
£265K07/230.8 miFlat 12, Ashley Court, High Street, Yiewsley, West Drayton, Greater London UB7 7DN2
£262K02/210.82 mi24, Padcroft Road, West Drayton, Greater London UB7 7RB2
£313K03/210.85 miFlat 15, Rowlock House, Trout Road, West Drayton, Greater London UB7 7FX2
£265K04/210.87 mi6, Peplow Close, West Drayton, Greater London UB7 7XN2
£251.5K11/210.88 mi138, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£255K01/240.9 mi141, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£275K05/230.9 mi113, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£272.2K06/210.91 mi30, Knowles Close, West Drayton, Greater London UB7 8LY2
£112.5K03/230.91 mi14, Knowles Close, Yiewsley, West Drayton, Greater London UB7 8LY2
£280K01/230.91 mi106, Admiralty Close, West Drayton, Greater London UB7 9NJ2

Local Rents

11 rents from £1.5K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,95004/250.13 mi-2
£1,60011/240.24 mi-2
£1,50010/240.27 miWren Drive, West Drayton2
£1,60010/240.27 miWren Drive, West Drayton2
£1,75003/250.34 mi-2
£1,55012/240.39 mi-2
£1,60010/240.48 mi-2
£1,65003/250.56 mi-2
£1,95004/250.62 mi-2
£1,80002/250.62 mi-2
£1,80003/250.62 mi-2

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

  • Set in a picturesque converted mill with stunning views over the River Frays. +
  • Secure, gated community with beautifully maintained communal grounds. +
  • Two large double bedrooms, including an en-suite master and modern family bathroom. +
  • Kitchen with integrated appliances +
  • Private, allocated parking space +
  • Walking distance to West Drayton Station, offering fast connections via the Elizabeth Line. +
  • Chain Free +
  • Priced to sell +

CHAIN FREE AND PRICED TO SELL... For Sale: Spacious Riverside Two-Bedroom Apartment – Waterford House, Thorney Mill Road, UB7 7DL A rare opportunity to purchase a two-bedroom/two bathroom apartment set within a picturesque gated development, offering tranquil riverside living in the historic Waterford House, a converted mill built over a scenic weir on the River Frays. The property features: •Two generously sized double bedrooms, including a master bedroom with an en-suite shower room. •A modern full family bathroom. •A spacious living room flowing into a long, well-equipped galley-style kitchen with integrated appliances, perfect for entertaining. •The apartment is neutrally decorated, providing a bright and welcoming atmosphere. Externally, residents benefit from beautifully maintained communal grounds and breathtaking riverside views, making this a peaceful retreat from the city. The property includes an allocated parking space within the secure, gated development. Additional features include electric heating, double glazing, and convenient access to West Drayton Station, offering excellent transport links, including the Elizabeth Line for quick travel into central London. This property presents an ideal opportunity for first-time buyers, investors, or those looking to downsize in a serene yet well-connected location. Immediate viewings are highly recommended. EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 95 years 4 months,

Agent Details

Belvoir, Watford

01923 961235

Next Steps?

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