3 Bed Bungalow, Refurb/BRRR, Ruislip, HA4 6QS, £600,000

West End Road, Ruislip, HA4 6QS - 3 views - 6 months ago

Auction
Refurb/BRRR
Planning
~57 m²
+7 photos

ValuationOvervalued

Sold Prices£420K - £800K
Sold Prices/m²£4K/m² - £12.1K/m²

 

 

Square Metres

~57.30 m²
Price/m²£10.5K/m²

Value Estimate

£360,607

 

 

End Value (After Refurb)

£585,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£30,314

Bridging Loan Interest

£15,750

Total Cash In

£234,514

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£585,000

Mortgage (After Refinance)

£438,750

Mortgage LTV

75%

Cash Left In

£234,514

Equity

£146,250

Rent Range

£850 - £5,200

Rent Estimate

£2,374

Running Costs/mo

£2,323

Cashflow/mo

£51

Cashflow/yr

£613

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £420K to £800K, average is £542.5K. £4K/m² to £12.1K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£530K09/230.07 mi61, Wingfield Way, Ruislip, Greater London HA4 6RG3
£495K01/210.08 mi259a, West End Road, Ruislip, Greater London HA4 6QR3
£605K11/200.09 mi39, Mahlon Avenue, Ruislip, Greater London HA4 6SY3
£600K12/200.09 mi55, Mahlon Avenue, Ruislip, Greater London HA4 6SZ3
£505K02/210.09 mi70, Wingfield Way, Ruislip, Greater London HA4 6RQ3
£480K12/200.09 mi62, Wingfield Way, Ruislip, Greater London HA4 6RQ3
£625K05/230.11 mi12, Walnut Way, Ruislip, Greater London HA4 6TD3
£580K03/230.14 mi7, Masson Avenue, Ruislip, Greater London HA4 6QT3
£500K02/210.16 mi2, Wingfield Way, Ruislip, Greater London HA4 6RH3
£585K03/210.24 mi4, Acol Crescent, Ruislip, Greater London HA4 6QP3
£550K04/230.28 mi17, Manor Gardens, Ruislip, Greater London HA4 6UB3
£605K10/230.28 mi20, Manor Gardens, Ruislip, Greater London HA4 6UB3
£525K08/230.28 mi12, Cavendish Avenue, Ruislip, Greater London HA4 6QH3
£485K02/210.32 mi46, Cedar Avenue, Ruislip, Greater London HA4 6UH3
£477.5K03/230.37 mi3, South Park Way, Ruislip, Greater London HA4 6UN3
£505K05/210.49 mi67, Harvey Road, Northolt, Greater London UB5 6QX3
£645K05/210.55 mi61, Long Drive, Ruislip, Greater London HA4 0HN3
£640K11/210.55 mi99, Long Drive, Ruislip, Greater London HA4 0HN3
£580.3K09/230.55 mi103, Long Drive, Ruislip, Greater London HA4 0HN3
£558K10/230.6 mi8, Tiptree Road, Ruislip, Greater London HA4 0EW3
£550K01/230.61 mi46, Angus Drive, Ruislip, Greater London HA4 0SB3
£485K12/200.61 mi97, Bridgwater Road, Ruislip, Greater London HA4 0EE3
£535K03/210.65 mi104, Hartland Drive, Ruislip, Greater London HA4 0TJ3
£540K01/210.65 mi120, Long Drive, Ruislip, Greater London HA4 0HP3
£555K06/210.65 mi58, Bridgwater Road, Ruislip, Greater London HA4 0EB3
£600K11/230.65 mi1, Manningtree Road, Ruislip, Greater London HA4 0ER3
£430K09/230.66 mi48, Manningtree Road, Ruislip, Greater London HA4 0ES3
£800K01/240.66 mi26, The Croft, Ruislip, Greater London HA4 0SE3
£555K01/230.67 mi36, West Mead, Ruislip, Greater London HA4 0TL3
£545K11/200.7 mi3, Bridgwater Road, Ruislip, Greater London HA4 0ED3
£462.5K03/210.7 mi16, Bridgwater Road, Ruislip, Greater London HA4 0EB3
£603K02/230.7 mi173, Long Drive, Ruislip, Greater London HA4 0HL3
£570K12/200.72 mi70, Hartland Drive, Ruislip, Greater London HA4 0TH3
£638K08/230.72 mi37, The Fairway, Ruislip, Greater London HA4 0SP3
£475K06/210.72 mi52, Hartland Drive, Ruislip, Greater London HA4 0TH3
£420K07/230.74 mi17, Arnold Road, Northolt, Greater London UB5 5TD3
£500K03/230.78 mi2, Laing Dean, Northolt, Greater London UB5 5JX3
£540K11/210.78 mi5, Jubilee Drive, Ruislip, Greater London HA4 0PA3
£510K12/200.78 mi40, Queens Walk, Ruislip, Greater London HA4 0LT3
£465K12/200.78 mi24, Hartland Drive, Ruislip, Greater London HA4 0TQ3
£550K06/210.78 mi338, Victoria Road, Ruislip, Greater London HA4 0DR3
£575K04/210.78 mi31, West Mead, Ruislip, Greater London HA4 0TW3
£610K09/210.78 mi53, West Mead, Ruislip, Greater London HA4 0TW3
£687.5K05/230.78 mi29, West Mead, Ruislip, Greater London HA4 0TW3
£573K07/230.78 mi67, West Mead, Ruislip, Greater London HA4 0TW3
£470K08/230.8 mi6, Trevor Gardens, Ruislip, Greater London HA4 6PA3
£506K06/210.81 mi30, Jubilee Drive, Ruislip, Greater London HA4 0PQ3
£535.5K12/220.81 mi70, Clyfford Road, Ruislip, Greater London HA4 6PS3
£468K12/200.82 mi36, Appledore Avenue, Ruislip, Greater London HA4 0UU3
£495K02/230.82 mi31, Appledore Avenue, Ruislip, Greater London HA4 0UT3

Local Rents

50 rents from £850/mo to £5.2K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20004/240.04 miWest End Road, Ruislip3
£2,25004/240.1 miHardy Avenue, Ruislip, HA43
£85004/240.28 mi-3
£2,45003/250.29 mi-3
£2,40012/240.33 mi-3
£2,40004/240.33 miPriors Gardens, Ruislip, HA43
£2,35003/250.55 mi-3
£2,50012/240.65 mi-3
£2,55003/250.77 mi-3
£2,30004/240.77 miThe Fairway, South Ruislip, HA4 0SQ3
£2,20012/240.86 mi-3
£1,95004/240.88 miQueens Walk, South Ruislip, HA4 0NN3
£2,35004/240.88 miClyfford Road, Ruislip, HA43
£2,60012/240.89 mi-3
£1,90001/250.93 mi-3
£5,20003/250.93 mi-3
£3,20002/250.93 mi-3
£3,20003/250.93 mi-3
£2,50012/240.94 mi-3
£2,50004/240.94 miExmouth Road, Ruislip, HA43
£2,40012/240.95 mi-3
£2,20001/250.95 mi-3
£2,50004/240.97 miQueens Walk, Ruislip HA4 0NS3
£2,25004/240.98 miVictoria Road, Ruislip, Middlesex3
£2,30004/241.01 mi-3
£2,80002/251.02 mi-3
£2,20010/241.03 mi-3
£2,00004/241.03 miBeverley Road , Ruislip HA4 9AS3
£2,10011/241.04 mi-3
£2,29504/241.05 miField End Road Ruislip HA43
£2,90003/251.06 mi-3
£2,10001/251.09 mi-3
£2,65012/241.09 mi-3
£2,65003/251.09 mi-3
£2,75012/241.09 mi-3
£2,30004/241.1 miLawn Close, Ruislip3
£2,00004/241.12 miBessingby Road, Ruislip, HA43
£2,00010/241.12 miChurch Road, Northolt3
£2,00010/241.13 miChurch Road, Northolt, UB53
£2,35003/251.13 mi-3
£2,30003/251.14 mi-3
£2,30012/241.14 mi-3
£2,50003/251.14 mi-3
£1,95010/241.16 mi-3
£2,60003/251.16 mi-3
£3,25002/241.16 mi-3
£2,30003/251.18 mi-3
£2,30003/251.18 mi-3
£3,10012/241.2 mi-3
£2,10004/241.2 miRuislip Manor, Middlesex3

Local Area Statistics

Population in HA4

50,092

Town centre distance

1.38 miles away

Nearest school

0.30 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+44%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £600,000

October 31, 2024

Listed for £700,000

October 8, 2024

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £700,,000. +
  • Planning Permission for 2 x 3 Bed Apartments +
  • No Onward Chain +
  • Close to South Ruislip Station +
  • Detached Bungalow +
  • In Need of Complete Modernisation +
  • Three Bedrooms +
  • Living Room +
  • Kitchen +
  • Parking +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £600,000.

The property is offered with no onward chain and currently has planning permission in place for a two-storey property housing two, three-bedroom apartments.

The accommodation currently comprises three bedrooms, living room, kitchen and bathroom and requires complete modernisation throughout.

The property is within a short walk of the station at South Ruislip, where the central line and mainline provides swift access into London and the A40/M40/M25 is within a couple of minute’s drive. There are also several well-regarded local schools in the area.

Link to Planning portal:

planning.hillingdon.gov.uk/OcellaWeb/showDocuments?reference=78436/APP/2024/915&module=pl

Agent Details

Kearns Residential, Ruislip

01895 543857

Next Steps?

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