3 Bed Semi-Detached House, Refurb/BRRR, Hounslow, TW5 0BH, £549,950

312 Greencroft Road, Hounslow, TW5 0BH - 1 views - 6 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 3%
~93 m²
+3 photos

ValuationOvervalued

Sold Prices£172K - £735K
Sold Prices/m²£1.9K/m² - £7.6K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£523,912

 

 

End Value (After Refurb)

£500,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,488

Stamp Duty & Legal Fees

£32,696

Refurb Costs

£49,088

Bridging Loan Interest

£14,436

Total Cash In

£235,458

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£500,000

Mortgage (After Refinance)

£375,000

Mortgage LTV

75%

Cash Left In

£235,458

Equity

£125,000

Rent Range

£1,700 - £4,000

Rent Estimate

£2,756

Running Costs/mo

£2,134

Cashflow/mo

£622

Cashflow/yr

£7,468

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £172K to £735K, average is £532.5K. £1.9K/m² to £7.6K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£650K10/230.02 mi82, Greencroft Road, Hounslow, Greater London TW5 0BH3
£555K01/210.02 mi86, Greencroft Road, Hounslow, Greater London TW5 0BH3
£555K11/210.09 mi48, West Way, Hounslow, Greater London TW5 0JF3
£635K06/230.14 mi9, West Way, Hounslow, Greater London TW5 0JD3
£575K09/220.15 mi43, Sutton Square, Hounslow, Greater London TW5 0JB3
£515K06/210.15 mi1, Sutton Square, Hounslow, Greater London TW5 0JB3
£525K06/210.16 mi217, Vicarage Farm Road, Hounslow, Greater London TW5 0AQ3
£425K03/210.18 mi37, Queenswood Avenue, Hounslow, Greater London TW3 4LG3
£423K08/210.18 mi28, Queenswood Avenue, Hounslow, Greater London TW3 4LH3
£500K12/220.18 mi106, Vicarage Farm Road, Hounslow, Greater London TW5 0AE3
£425K04/210.19 mi77, The Crossways, Hounslow, Greater London TW5 0JJ3
£600K03/230.19 mi131, The Crossways, Hounslow, Greater London TW5 0JJ3
£635K12/210.24 mi24, Dorset Waye, Hounslow, Greater London TW5 0ND3
£497K12/230.24 mi2, Dorset Waye, Hounslow, Greater London TW5 0ND3
£578K12/220.24 mi12, St Leonards Gardens, Hounslow, Greater London TW5 9DH3
£500K02/210.26 mi120, The Crossways, Hounslow, Greater London TW5 0JR3
£510K09/210.3 mi11, Sarsen Avenue, Hounslow, Greater London TW3 4JN3
£575K10/230.3 mi10, Devon Waye, Hounslow, Greater London TW5 0NE3
£590K10/220.31 mi45, Upper Sutton Lane, Hounslow, Greater London TW5 0PS3
£570K02/240.31 mi291, Vicarage Farm Road, Hounslow, Greater London TW5 0DR3
£470K01/210.31 mi13, Orchard Avenue, Hounslow, Greater London TW5 0DU3
£440K08/210.32 mi16, Orchard Avenue, Hounslow, Greater London TW5 0DU3
£525K08/230.33 mi70, Westbrook Road, Hounslow, Greater London TW5 0NG3
£557K12/230.33 mi56, The Warren, Hounslow, Greater London TW5 0JN3
£725K10/220.35 mi19, Camborne Way, Hounslow, Greater London TW5 0PW3
£536K11/210.35 mi82, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£300K10/220.36 mi100, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£535K11/230.36 mi94, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£546.5K08/220.36 mi56, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£590K11/220.36 mi74, Orchard Avenue, Hounslow, Greater London TW5 0DX3
£530K03/230.37 mi23, Adelaide Road, Hounslow, Greater London TW5 9AG3
£490K03/210.37 mi27, Victoria Gardens, Hounslow, Greater London TW5 9DD3
£495K02/240.38 mi19b, Harte Road, Hounslow, Greater London TW3 4LD3
£710K05/220.38 mi13, Harte Road, Hounslow, Greater London TW3 4LD3
£540K10/220.38 mi80, St Leonards Gardens, Hounslow, Greater London TW5 9DH3
£550K02/210.38 mi7, St Pauls Close, Hounslow, Greater London TW3 3DE3
£550K02/210.38 mi7, St Pauls Close, Hounslow, Greater London TW3 3DE3
£613.9K05/230.39 mi40, Vicarage Farm Road, Hounslow, Greater London TW3 4NW3
£500K06/210.39 mi86, Westbrook Road, Hounslow, Greater London TW5 0NQ3
£460K05/220.4 mi64, Sutton Hall Road, Hounslow, Greater London TW5 0PY3
£638K05/210.41 mi45, Cranford Lane, Hounslow, Greater London TW5 9EP3
£530K02/230.43 mi94, Springwell Road, Hounslow, Greater London TW5 9EJ3
£435K10/200.43 mi130, Springwell Road, Hounslow, Greater London TW5 9BP3
£482K04/210.43 mi100, Springwell Road, Hounslow, Greater London TW5 9BP3
£530K07/220.43 mi104, Springwell Road, Hounslow, Greater London TW5 9BP3
£625K08/210.43 mi73, Sutton Road, Hounslow, Greater London TW5 0PN3
£735K11/220.44 mi31, Shelley Crescent, Hounslow, Greater London TW5 9BQ3
£172K05/230.45 mi55, Springwell Road, Hounslow, Greater London TW5 9EA3
£475K05/210.45 mi86, Hogarth Gardens, Hounslow, Greater London TW5 0QT3
£440K01/210.45 mi137, New Heston Road, Hounslow, Greater London TW5 0LG3

Local Rents

34 rents from £1.7K/mo to £4K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,30012/240.09 mi-3
£3,50010/240.18 mi-3
£3,50010/240.18 mi-3
£3,10010/240.18 mi-3
£3,50010/240.18 mi-3
£1,70011/240.27 mi-3
£2,65010/240.3 mi-3
£2,50010/240.31 miWestbrook Road , Hounslow , TW53
£2,40002/250.34 mi-3
£2,05004/250.34 mi-3
£2,75012/240.38 mi-3
£2,75012/240.38 mi-3
£2,80012/240.38 mi-3
£2,80012/240.38 mi-3
£2,70012/240.38 mi-3
£2,70001/250.38 mi-3
£3,00004/250.43 mi-3
£2,60001/250.44 mi-3
£2,00004/250.49 mi-3
£2,59001/250.49 mi-3
£1,90012/240.5 mi-3
£2,40010/240.5 miBlossom Waye, TW5 93
£2,49504/250.51 mi-3
£4,00011/240.57 mi-3
£4,00001/250.57 mi-3
£2,45010/240.57 miWhytecroft, Heston3
£2,50010/240.57 mi-3
£2,50010/240.57 miWhytecroft, Middlesex, TW53
£2,55004/250.58 mi-3
£2,20004/250.58 mi-3
£2,65010/240.59 mi-3
£2,30004/250.6 mi-3
£2,00010/240.61 mi-3
£2,80012/240.62 mi-3

Local Area Statistics

Population in TW5

29,196

Population in Hounslow

96,666

Town centre distance

0.67 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+53%

Sales demand

Buyer's market

Capital growth (5yrs)

+46%

Property History

Listed for £549,950

October 30, 2024

Floor Plans

Description

This semi detached house boasts two reception rooms, three bedrooms, and one bathroom, offering ample space for a growing family or those who love to entertain. Although the property is in need of complete modernisation, this presents a fantastic opportunity for you to put your own stamp on it and create the home of your dreams.

Situated on a sought after road, this property comes with a long rear garden, with a blank canvas like this, the possibilities are endless let your imagination run wild and transform this house into a cosy haven.

Agent Details

Shaw & Co, Heston

020 3828 7172

Next Steps?

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