3 Bed Semi-Detached House, Refurb/BRRR, Staines, TW18 2RS, £510,000

221 Staines Road, Staines-upon-Thames, Surrey TW18 2RS - 8 views - 6 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+17 photos

ValuationFair Value

Sold Prices£343K - £900K
Sold Prices/m²£3.9K/m² - £10.7K/m²

 

 

Square Metres

~93 m²
Price/m²£5.5K/m²

Value Estimate

£500,366

 

 

End Value (After Refurb)

£529,608

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£127,500

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£49,200

Bridging Loan Interest

£13,388

Total Cash In

£222,538

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£529,608

Mortgage (After Refinance)

£397,206

Mortgage LTV

75%

Cash Released

£14,706

Cash Left In

£207,831

Equity

£132,402

Rent Range

£1,850 - £4,500

Rent Estimate

£2,526

Running Costs/mo

£2,180

Cashflow/mo

£346

Cashflow/yr

£4,149

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £343K to £900K, average is £481.5K. £3.9K/m² to £10.7K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£601K03/230.05 mi204, Staines Road, Staines-upon-thames, Surrey TW18 2RT3
£538.4K01/210.06 mi272, Worple Road, Staines, Surrey TW18 1HB3
£712K12/220.16 mi236, Worple Road, Staines-upon-thames, Surrey TW18 1HE3
£430K06/210.17 mi22, Westbourne Road, Staines, Surrey TW18 1HF3
£430K06/210.18 mi22, Westbourne Road, Staines, Surrey TW18 1HF3
£490K12/200.19 mi26, Westbourne Road, Staines, Surrey TW18 1HF3
£650K09/210.19 mi163, Staines Road, Staines, Surrey TW18 2SQ3
£488K09/210.2 mi158, Staines Road, Staines, Surrey TW18 2SF3
£524.5K09/230.2 mi156, Staines Road, Staines-upon-thames, Surrey TW18 2SF3
£650K09/210.22 mi163, Staines Road, Staines, Surrey TW18 2SQ3
£900K07/210.24 mi3, Riverway, Staines-upon-thames, Surrey TW18 2SJ3
£465K01/210.26 mi39, Wheatsheaf Lane, Staines-upon-thames, Surrey TW18 2PG3
£500K04/210.27 mi99, Grosvenor Road, Staines-upon-thames, Surrey TW18 2RP3
£540K10/210.28 mi19, Cleveland Drive, Staines, Surrey TW18 2SW3
£655K01/230.28 mi19, Cleveland Drive, Staines-upon-thames, Surrey TW18 2SW3
£435K03/210.29 mi58, Nursery Gardens, Staines, Surrey TW18 1ET3
£387K04/210.3 mi48, Northfield Road, Staines, Surrey TW18 2SR3
£582K11/200.3 mi7, Grosvenor Road, Staines, Surrey TW18 2RN3
£380K03/210.31 mi29, Garrick Close, Staines, Surrey TW18 2PQ3
£398K04/210.31 mi19, Garrick Close, Staines, Surrey TW18 2PQ3
£420K09/220.31 mi28, Garrick Close, Staines-upon-thames, Surrey TW18 2PQ3
£705K06/210.31 mi17, Grosvenor Road, Staines, Surrey TW18 2RN3
£618K12/200.32 mi26, Wheatsheaf Lane, Staines-upon-thames, Surrey TW18 2PE3
£420K04/210.32 mi135, Brightside Avenue, Staines, Surrey TW18 1NH3
£402.5K06/210.32 mi60, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£382K11/200.32 mi62, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£390K11/200.32 mi40, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£510K05/230.32 mi38, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£475K12/200.33 mi144, Laleham Road, Staines, Surrey TW18 2NX3
£850K05/240.34 mi115a, Staines Road, Staines-upon-thames, Surrey TW18 2SS3
£450K11/220.35 mi55, Garrick Close, Staines-upon-thames, Surrey TW18 2PH3
£360K11/200.36 mi100, Worple Road, Staines-upon-thames, Surrey TW18 1EQ3
£405K04/210.36 mi172, Worple Road, Staines-upon-thames, Surrey TW18 1EQ3
£440K12/200.36 mi109, Brightside Avenue, Staines-upon-thames, Surrey TW18 1NH3
£425K04/210.36 mi27, The Glade, Staines, Surrey TW18 1ER3
£475K08/230.36 mi59, The Glade, Staines-upon-thames, Surrey TW18 1ER3
£575K05/230.37 mi122, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1HW3
£343K12/220.38 mi121, Avondale Avenue, Staines-upon-thames, Surrey TW18 2NE3
£405.5K06/210.39 mi99, Nursery Gardens, Staines, Surrey TW18 1EL3
£472.5K08/230.39 mi111, Nursery Gardens, Staines-upon-thames, Surrey TW18 1EL3
£425K03/210.39 mi86, Brightside Avenue, Staines, Surrey TW18 1NQ3
£640K06/210.39 mi52, Knightsbridge Crescent, Staines-upon-thames, Surrey TW18 2QR3
£542.5K06/210.39 mi48, Knightsbridge Crescent, Staines-upon-thames, Surrey TW18 2QR3
£490K06/210.39 mi8, Meadway, Staines-upon-thames, Surrey TW18 2PP3
£450K04/210.39 mi17, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LS3
£528K06/210.39 mi47, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LS3
£455K02/230.39 mi61, Brightside Avenue, Staines-upon-thames, Surrey TW18 1NF3
£507.3K03/210.4 mi32, Templedene Avenue, Staines, Surrey TW18 1LP3
£543K09/230.4 mi48, Templedene Avenue, Staines-upon-thames, Surrey TW18 1LP3
£540K02/210.4 mi77, Avondale Avenue, Staines, Surrey TW18 2NG3

Local Rents

10 rents from £1.9K/mo to £4.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£4,50001/250.34 mi-3
£2,00010/240.37 mi-3
£4,50010/240.37 miRiverside, Staines-Upon-Thames3
£1,85010/240.4 miBrightside Avenue, TW183
£1,85010/240.41 miBrightside Avenue, Staines-upon-Thames, Surrey, TW183
£2,25001/250.41 mi-3
£2,20010/240.42 mi-3
£2,25003/250.48 mi-3
£2,30010/240.58 miWorple Avenue, Staines-upon-Thames, Surrey, TW183
£2,75010/240.58 mi-3

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.87 miles away

Nearest school

0.50 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Price changed to £510,000

January 31, 2025

Listed for £525,000

October 14, 2024

Floor Plans

Description

  • Three Bedroom Victorian House +
  • In Need of Some Modernisation +
  • Downstairs Cloakroom +
  • Bathroom and Shower Room +
  • 100ft Rear Garden +
  • Off-street Parking on Private Driveway +

This three bedroom Edwardian home, located on the highly sought-after Staines Road, offers a fantastic opportunity for a family seeking space and comfort. In need of some modernisation, the property is just moments from local amenities, popular pubs, and the scenic Thames footpath.

This three bedroom Edwardian home, located on the highly sought-after Staines Road, offers a fantastic opportunity for a family seeking space and comfort. In need of some modernisation, the property is just moments from local amenities, popular pubs, and the scenic Thames footpath. The home boasts a spacious reception and dining room, a well-sized kitchen, a downstairs cloakroom, a family bathroom, and an additional shower room. With a fantastic garden stretching over 100ft, it’s perfect for outdoor entertaining and family life. The property also benefits from off-street parking on a private driveway. A great opportunity in a prime location, ready for its next chapter. EPC Rating D.
Spelthorne Borough Council, Council Tax Band E being £2,816.70 for 2024/25.

Agent Details

The Frost Partnership, Staines

01784 771404

Next Steps?

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