2 Bed Flat, Single Let, Egham, TW20 9GL, £300,000

Steeple Court, Vicarage Road, Egham, Surrey, TW20 9GL - 1 views - 6 months ago

Leasehold

BTL

ROI: 2%

~60 m²

+2 photos

ValuationOvervalued

Sold Prices	£140K - £415K
Sold Prices/m²	£3.5K/m² - £6.1K/m²

Square Metres	~59.60 m²
Price/m²	£5K/m²
Value Estimate	£272,450£272,450

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£93,700£93,700

Cash Out
Rent Range	£1,350 - £3,395£1,350 - £3,395
Rent Estimate	£1,400
Running Costs/mo	£1,238£1,238
Cashflow/mo	£163£163
Cashflow/yr	£1,950£1,950
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

27 sold prices from £140K to £415K, average is £270K. £3.5K/m² to £6.1K/m², average is £4.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£267K	06/21	0.08 mi	Flat 3, Gallery Court, Vicarage Road, Egham, Surrey TW20 9GH	-	-	2	Flat
£415K	12/22	0.09 mi	70, Grove Court, Egham, Surrey TW20 9PZ	£6,148	68	2	Flat
£255K	06/21	0.11 mi	Flat 19, Henley Court, Denham Road, Egham, Surrey TW20 9DZ	-	-	2	Flat
£302.5K	10/20	0.15 mi	Flat 22, Albany Court, Albany Place, Egham, Surrey TW20 9GP	-	-	2	Flat
£300K	06/21	0.15 mi	Flat 18, Albany Court, Albany Place, Egham, Surrey TW20 9GP	-	-	2	Flat
£285K	11/23	0.15 mi	Flat 4, Pegasus Court, Albany Place, Egham, Surrey TW20 9HW	-	-	2	Flat
£210K	09/23	0.15 mi	Flat 29, Pegasus Court, Albany Place, Egham, Surrey TW20 9HW	-	-	2	Flat
£274K	01/24	0.17 mi	Tudor Court, Flat 10, Church Road, Egham, Surrey TW20 9HZ	£3,971	69	2	Flat
£245K	06/21	0.17 mi	Flat 7, Tudor Court, Church Road, Egham, Surrey TW20 9HZ	-	-	2	Flat
£225K	06/21	0.2 mi	16, Runnymede Court, Egham, Surrey TW20 9AA	£3,462	65	2	Flat
£258K	05/23	0.22 mi	18, Cedar Court, Egham, Surrey TW20 9DB	£4,373	59	2	Flat
£270K	05/21	0.22 mi	8, Cedar Court, Egham, Surrey TW20 9DB	£4,561	59	2	Flat
£270.5K	10/21	0.22 mi	16, Cedar Court, Egham, Surrey TW20 9DB	£4,585	59	2	Flat
£290K	06/21	0.23 mi	1, Cedar Court, Egham, Surrey TW20 9DB	£4,915	59	2	Flat
£305K	10/22	0.23 mi	9, Cedar Court, Egham, Surrey TW20 9DB	£5,865	52	2	Flat
£140K	02/21	0.39 mi	Flat 27, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£145K	03/21	0.39 mi	Flat 42, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£235K	08/23	0.39 mi	Flat 4, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£290K	04/21	0.47 mi	7a, Woodhaw, Egham, Surrey TW20 9AP	£4,531	64	2	Flat
£262.5K	10/23	0.48 mi	6, Mead Court, Egham, Surrey TW20 8XF	£4,773	55	2	Flat
£265K	12/20	0.49 mi	5, Mead Court, Egham, Surrey TW20 8XF	£4,818	55	2	Flat
£252K	03/21	0.49 mi	6, Mead Court, Egham, Surrey TW20 8XF	£4,582	55	2	Flat
£330K	04/21	0.87 mi	4, Old School Mews, Staines, Surrey TW18 3HX	£3,750	88	2	Flat
£350K	11/23	0.92 mi	Flat 13, Manor Court, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT	-	-	2	Flat
£360K	11/23	0.92 mi	Manor Court, Flat 21, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT	£3,956	91	2	Flat
£230K	06/21	0.92 mi	Flat 14, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT	-	-	2	Flat
£285K	03/21	0.92 mi	Flat 13, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT	-	-	2	Flat

Local Rents

50 rents from £1.4K/mo to £3.4K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	10/24	0.05 mi	-	2	Terraced House
£1,500	10/24	0.06 mi	Tudor Court, Church Road, Egham, Surrey, TW20	2	Flat
£1,800	10/24	0.06 mi	Egham, Surrey, TW20	2	Flat
£1,495	10/24	0.07 mi	-	2	Flat
£1,350	03/25	0.07 mi	-	2	Flat
£1,450	10/24	0.11 mi	Henley Court, Denham Road, Egham, Surrey, TW20	2	Flat
£1,795	10/24	0.11 mi	Egham, Surrey, TW20	2	Flat
£1,750	10/24	0.12 mi	Denham Road, Egham, Surrey, TW20	2	Flat
£1,700	10/24	0.13 mi	Church Road, Egham, Surrey, TW20	2	Flat
£1,500	10/24	0.14 mi	, Egham, Surrey, TW20	2	Terraced House
£1,500	02/24	0.15 mi	-	2	Flat
£1,500	02/25	0.15 mi	-	2	Flat
£1,800	10/24	0.16 mi	Church Road, Egham, Surrey, TW20	2	Flat
£1,800	10/24	0.17 mi	Church Road, Egham, Surrey, TW20	2	Flat
£1,500	10/24	0.17 mi	Egham, Surrey, TW20	2	Flat
£1,800	10/24	0.17 mi	Church Road, Egham, Surrey, TW20	2	Flat
£1,625	12/23	0.18 mi	-	2	Flat
£1,550	02/25	0.18 mi	-	2	Flat
£1,550	03/25	0.18 mi	-	2	Flat
£1,550	02/24	0.18 mi	-	2	Flat
£1,650	10/24	0.18 mi	-	2	Flat
£1,350	10/24	0.19 mi	School Lane, Egham, Surrey, TW20 9GF, TW20	2	Flat
£1,600	10/24	0.21 mi	Wesley Drive, Egham, Surrey, TW20	2	Terraced House
£1,625	10/24	0.21 mi	-	2	Flat
£1,650	10/24	0.22 mi	-	2	Terraced House
£1,650	10/24	0.22 mi	Runnymede Court, Egham, TW20	2	Terraced House
£2,900	10/24	0.23 mi	Station Road, Egham, Surrey, TW20	2	Flat
£1,700	10/24	0.23 mi	Hummer Road, Egham, Surrey, TW20	2	Flat
£1,600	10/24	0.26 mi	Station Road, Egham, Surrey, TW20	2	Flat
£1,800	10/24	0.26 mi	Church Road, Egham, Surrey, TW20	2	Flat
£1,700	10/24	0.27 mi	Beckingham Metro Station Road, Egham, Surrey, TW20	2	Flat
£1,700	10/24	0.27 mi	Station Road, Egham, Surrey, TW20	2	Flat
£1,600	10/24	0.28 mi	The Avenue, Egham, Surrey, TW20	2	Terraced House
£1,400	10/24	0.28 mi	High Street, Egham, Surrey, TW20	2	Flat
£2,100	10/24	0.31 mi	Station Road, Egham, Surrey, TW20	2	Flat
£1,450	10/24	0.31 mi	Egham, Surrey, TW20	2	Detached House
£1,800	10/24	0.34 mi	-	2	Flat
£1,600	10/24	0.35 mi	1A Rusham Road, Egham	2	Flat
£1,600	10/24	0.35 mi	Stoneylands Road, Egham, Surrey, TW20	2	Flat
£1,400	10/24	0.36 mi	Egham, Surrey, TW20	2	Flat
£1,450	10/24	0.39 mi	-	2	Terraced House
£1,650	09/24	0.45 mi	-	2	Flat
£1,600	10/24	0.45 mi	-	2	Flat
£1,650	10/24	0.45 mi	-	2	Flat
£2,000	10/24	0.46 mi	6, Alpha House, 190 High Street, Egham	2	Flat
£3,000	10/24	0.46 mi	-	2	Detached House
£3,000	10/24	0.46 mi	-	2	Detached House
£3,395	10/24	0.48 mi	-	2	Flat
£1,450	10/24	0.48 mi	-	2	Flat
£2,499	10/24	0.48 mi	-	2	Flat

Local Area Statistics

Population in TW20	24,53624,536
Population in Egham	24,93124,931
Town centre distance	0.74 miles away0.74 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.22 miles away0.22 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-32%-32%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £300,000

October 17, 2024

Floor Plans

Description

FIRST FLOOR APARTMENT +
TWO DOUBLE BEDROOMS +
EN- SUITE +
OPEN PLAN FULLY FITTED KITCHEN/LOUNGE +
GAS CENTRAL HEATING +
FAMILY BATHROOM +
ALLOCATED PARKING SPACE +
FEW MINUTES WALK FROM MAINLINE STATION +
RECENTLY REGENERATED HIGH STREET +
IDEAL FIRST TIME BUY OR INVESTMENT PURCHASE +

A very well presented two double bedroom, two bathroom first floor apartment. Excellently located within a few minutes walk of Egham's mainline station and recently regenerated High Street featuring Everyman Cinema. The property comprises open plan lounge/fully fitted kitchen, shower en-suite, gas central heating and double glazing throughout. In addition there is one allocated parking space. An ideal first time purchase or investment, with an anticipated rental return of £1,700pcm. Contact sole agents to arrange a viewing.

Agent Details

Nevin and Wells Residential, Egham

01784 777975

Next Steps?

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

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