5 Bed HMO, Ashford, TW15 3DD £500,000

6 Rennie Close, Ashford, Surrey, TW15 3DD - 37 views - a year ago
Sold STC
HMO
Planning
ROI: 5%
105 m²
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+5 photos

ValuationOvervalued

Sold Prices£500K - £1.9M
Sold Prices/m²£3K/m² - £12.3K/m²

 

 

Square Metres

105 m²
Price/m²£4.8K/m²

Value Estimate

£484,331

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£31,100

Total Cash In

£156,100

 

 

Cash Out

 

Room Rate

£763

Gross Rent

£3,815

Running Costs/mo

£3,003

Cashflow/mo

£812

Cashflow/yr

£9,743

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £500K to £1.9M, average is £727.5K. £3K/m² to £12.3K/m², average is £4.5K/m².

Price
Date
Distance
Address
Beds
 
£655K11/240.08 mi76, Kenilworth Road, Ashford, Surrey TW15 3EW5
£660K07/240.22 mi7, Portland Road, Ashford, Surrey TW15 3BU5
£610K07/250.27 mi2, Ashford Crescent, Ashford TW15 3ED5
£715K01/230.3 mi37, Station Crescent, Ashford, Surrey TW15 3HX5
£650K11/240.32 mi26, Stanwell Road, Ashford TW15 3ER5
£605K05/210.59 mi2, Coleridge Road, Ashford, Surrey TW15 2QS5
£775K05/210.59 mi35, Chaucer Road, Ashford, Surrey TW15 2QU5
£660K11/230.62 mi34, Townsend Road, Ashford TW15 3PS5
£630K03/240.7 mi20, Edward Way, Ashford, Surrey TW15 3AY5
£670K08/230.71 miCrossing Cottage, Shortwood Common, Staines-upon-thames, Surrey TW18 4NS5
£825K04/240.83 mi4, Acacia Road, Staines-upon-thames, Surrey TW18 1BY5
£730K08/230.85 mi33, Ashview Gardens, Ashford, Surrey TW15 3RE5
£835K06/250.86 mi42, Greenlands Road, Staines-upon-thames TW18 4LR5
£835K06/250.86 mi42, Greenlands Road, Staines-upon-thames TW18 4LR5
£545K07/210.86 mi245, Kingston Road, Staines, Surrey TW18 1PA5
£795K08/230.9 mi110, Village Way, Ashford, Surrey TW15 2JU5
£800K06/210.9 miRook View House, Rookery Road, Staines, Surrey TW18 1BT5
£665K08/210.91 mi15, Fordbridge Road, Ashford, Surrey TW15 2TD5
£790K03/251.01 mi56, Parkland Grove, Ashford TW15 2JR5
£790K03/251.01 mi56, Parkland Grove, Ashford TW15 2JR5
£610K09/231.08 mi11, Everest Road, Stanwell, Staines-upon-thames, Surrey TW19 7EA5
£570K03/251.09 mi44, Gordon Close, Staines-upon-thames TW18 1AR5
£1.2M11/221.09 mi45, Manor Road, Ashford, Surrey TW15 2SL5
£900K05/211.15 mi2, Cherry Orchard, Staines, Surrey TW18 2DF5
£725K10/221.21 mi2, Haven Road, Ashford, Surrey TW15 2HR5
£650K10/241.21 mi10, Stanhope Heath, Staines-upon-thames TW19 7PH5
£650K10/241.21 mi10, Stanhope Heath, Staines-upon-thames TW19 7PH5
£1.0M12/241.29 mi265, Ashford Road, Staines-upon-thames TW18 1QR5
£1.0M12/241.29 mi265, Ashford Road, Staines-upon-thames TW18 1QR5
£750K05/251.39 mi4, Lansdowne Road, Staines-upon-thames TW18 1HH5
£750K05/251.39 mi4, Lansdowne Road, Staines-upon-thames TW18 1HH5
£575K11/241.52 mi5, Ashford Avenue, Ashford TW15 2BB5
£752K06/211.54 mi3, Penton Road, Staines, Surrey TW18 2JX5
£780K11/221.56 mi15, Meadway, Staines-upon-thames, Surrey TW18 2PW5
£655K06/211.57 mi11, Coolgardie Road, Ashford, Surrey TW15 1EN5
£1.9M01/231.59 mi151, Ashford Road, Staines-upon-thames, Surrey TW18 1RS5
£865K03/241.6 mi65, Chertsey Lane, Staines-upon-thames TW18 3LA5
£680K04/251.62 mi4, St Pauls Close, Ashford TW15 1ET5
£680K04/251.62 mi4, St Pauls Close, Ashford TW15 1ET5
£895K10/231.67 mi6, Avondale Avenue, Staines-upon-thames, Surrey TW18 2PN5
£645K06/211.69 mi26, Hereford Close, Staines-upon-thames, Surrey TW18 2SA5
£509K09/211.7 mi12, Anderson Drive, Ashford, Surrey TW15 1BE5
£500K06/251.73 mi210, Feltham Road, Ashford TW15 1AS5
£500K06/251.73 mi210, Feltham Road, Ashford TW15 1AS5
£1.0M12/241.73 mi97, Chertsey Lane, Staines-upon-thames TW18 3LQ5
£1.0M12/241.73 mi97, Chertsey Lane, Staines-upon-thames TW18 3LQ5
£1.1M10/231.76 mi3, Belle Vue Close, Staines-upon-thames TW18 2HY5
£930K09/231.76 mi88, Penton Road, Staines-upon-thames, Surrey TW18 2LJ5
£560K06/221.77 mi5, Farm Way, Staines-upon-thames, Surrey TW19 6AY5
£1.1M11/221.79 mi15, The Ryde, Staines-upon-thames, Surrey TW18 2SL5

Local Area Statistics

Population in TW15

27,818

Population in Ashford

138,482

Town centre distance

63.17 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £500,000

December 18, 2024

Listed for £530,000

October 8, 2024

Sold for £250,000

2004

Floor Plans

Property image

Description

  • Spacious five-bedroom, three-bathroom semi-detached home +
  • Located at the end of a peaceful cul-de-sac, offering privacy and tranquility +
  • Short walking distance to the town centre and train station +
  • Property sides onto a park with open field views and direct access to green space +
  • Versatile layout ideal for investment, with potential to rent rooms separately +
  • Opportunity to convert the garage, subject to planning permission (S.T.P.P.) +
  • Local shops and amenities within minutes’ walk for added convenience +
  • Sold with vacant possession, ready for a smooth and quick transaction +

This spacious five-bedroom, three-bathroom semi-detached home is ideally positioned at the end of a peaceful cul-de-sac, offering privacy and tranquility while being just a short walk from the town centre and train station. The property enjoys a prime location, siding onto a beautiful park with open field views, providing direct access to green space perfect for recreation or dog walking. The versatile layout makes this an ideal investment opportunity, with potential for renting rooms separately, subject to obtaining an HMO licence. The garage also offers additional development potential, subject to planning permission (S.T.P.P.).

Local shops and amenities are just minutes away, ensuring convenience for everyday needs, while the property is being sold with vacant possession, making for a smooth and timely transaction. Whether you're a family looking for generous living space or an investor seeking a flexible property with great potential, this home ticks all the boxes. Contact the vendor’s chosen sole agents and local experts, Aspen, at to arrange a viewing.

Agent Details

Aspen Estate Agents Limited, Ashford

01784 918922

Next Steps?

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