4 Bed Semi-Detached House, Refurb/BRRR, Staines, TW18 1DH, £550,000

10 Petersfield Avenue, Staines-upon-Thames, TW18 1DH - 2 views - 5 months ago

Sold STC
Refurb/BRRR
~129 m²
+11 photos

ValuationUndervalued

Sold Prices£442.5K - £826K
Sold Prices/m²£730/m² - £10K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.3K/m²

Value Estimate

£566,500
BMV3%

 

 

End Value (After Refurb)

£665,817

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Refurb Costs

£68,381

Bridging Loan Interest

£14,438

Total Cash In

£254,769

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£665,817

Mortgage (After Refinance)

£499,362

Mortgage LTV

75%

Cash Released

£86,862

Cash Left In

£167,906

Equity

£166,454

Rent Range

£1,590 - £3,400

Rent Estimate

£2,103

Running Costs/mo

£2,521

Cashflow/mo

£-418

Cashflow/yr

£-5,019

Gross Yield

5%

Local Sold Prices

50 sold prices from £442.5K to £826K, average is £570K. £730/m² to £10K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£502K11/220.12 mi51, Hensworth Road, Ashford, Surrey TW15 3NG4
£650K03/210.26 mi9, Glebe Road, Staines-upon-thames, Surrey TW18 1BX4
£620K02/210.27 mi5, Ash Grove, Staines, Surrey TW18 1JE4
£826K03/230.3 mi6, Acacia Road, Staines-upon-thames, Surrey TW18 1BY4
£470K03/210.3 mi135, Elizabeth Avenue, Staines, Surrey TW18 1JN4
£500K04/210.3 mi127, Elizabeth Avenue, Staines, Surrey TW18 1JN4
£575K11/200.31 mi150, Kingston Road, Staines, Surrey TW18 1BL4
£650K06/230.33 mi39, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JG4
£601.8K12/220.35 mi8, Worple Avenue, Staines-upon-thames, Surrey TW18 1HX4
£500K03/210.35 mi14, Hazel Grove, Staines-upon-thames, Surrey TW18 1JL4
£622.5K08/210.35 mi93, Marlborough Road, Ashford, Surrey TW15 3PW4
£632K11/210.35 mi70, Marlborough Road, Ashford, Surrey TW15 3PW4
£565K11/200.35 mi352, Kingston Road, Ashford, Surrey TW15 3SF4
£640K02/240.4 mi1, Templedene Avenue, Staines-upon-thames, Surrey TW18 1LH4
£590K10/230.42 mi11, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1HZ4
£560K04/230.42 mi9, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1HZ4
£492.5K05/210.44 mi7, Adelaide Road, Ashford, Surrey TW15 3LL4
£705K09/230.45 mi95, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LT4
£720K11/210.47 mi361, Ashford Road, Staines, Surrey TW18 1QQ4
£657K11/210.48 mi7, Ferndale Road, Ashford, Surrey TW15 3PL4
£442.5K11/200.48 mi67, Shaftesbury Crescent, Staines, Surrey TW18 1QL4
£560K12/200.53 mi4, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AQ4
£675K12/200.53 mi24, Knowle Park Avenue, Staines, Surrey TW18 1AN4
£800K12/230.53 mi12, Knowle Park Avenue, Staines-upon-thames, Surrey TW18 1AN4
£465K11/200.54 mi52, Warwick Road, Ashford, Surrey TW15 3PG4
£500K11/200.54 mi17, St Hildas Avenue, Ashford, Surrey TW15 3RG4
£500K04/230.54 mi1, Abbot Close, Staines-upon-thames, Surrey TW18 1QY4
£475K10/230.55 mi49, Bingham Drive, Staines-upon-thames, Surrey TW18 1QX4
£480K05/230.55 mi15, Bingham Drive, Staines-upon-thames, Surrey TW18 1QX4
£700K02/210.57 mi4, Ashview Gardens, Ashford, Surrey TW15 3RD4
£680K02/230.58 mi107, Woodthorpe Road, Ashford, Surrey TW15 3JX4
£505K12/200.58 mi2a, Ethel Road, Ashford, Surrey TW15 3RB4
£565K08/230.6 mi121, Fordbridge Road, Ashford, Surrey TW15 3RZ4
£545K12/200.61 mi76, Leacroft, Staines-upon-thames, Surrey TW18 4PB4
£685K11/220.61 mi16, The Wickets, Ashford, Surrey TW15 2RR4
£510K10/230.62 mi68, Knightsbridge Crescent, Staines-upon-thames, Surrey TW18 2QR4
£555K04/210.62 mi56, Knightsbridge Crescent, Staines, Surrey TW18 2QR4
£535K04/230.62 mi186, Stanwell Road, Ashford, Surrey TW15 3QS4
£475K11/220.63 mi40, Sandringham Drive, Ashford, Surrey TW15 3JQ4
£517.5K02/210.66 mi24, Tennyson Road, Ashford, Surrey TW15 2LN4
£465K01/210.66 mi12, Tennyson Road, Ashford, Surrey TW15 2LN4
£650K11/230.66 mi12, Chiltern Close, Staines-upon-thames, Surrey TW18 2BU4
£685K12/200.66 mi97, Grosvenor Road, Staines, Surrey TW18 2RP4
£625K03/210.68 mi109, Grosvenor Road, Staines, Surrey TW18 2RP4
£670K08/230.68 mi18, Stanley Road, Ashford, Surrey TW15 2LW4
£585K07/240.68 mi92, Station Crescent, Ashford, Surrey TW15 3HL4
£685K04/240.68 mi84, Station Crescent, Ashford, Surrey TW15 3HL4
£480K10/220.7 mi12, West Close, Ashford, Surrey TW15 3LW4
£705K11/230.7 mi67, Lansdowne Road, Staines-upon-thames, Surrey TW18 1HH4
£545K01/210.7 mi35, Stanley Road, Ashford, Surrey TW15 2LP4

Local Rents

19 rents from £1.6K/mo to £3.4K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£3,00003/250.03 mi-5
£1,80010/240.11 miKingston Crescent, Ashford, TW154
£1,59010/240.16 miKenilworth Gardens, Staines-Upon-Thames, Surrey, TW183
£2,30010/240.27 mi-3
£2,65004/250.31 mi-4
£2,75010/240.35 mi-3
£2,30010/240.35 miWorple Avenue, Staines-upon-Thames, Surrey, TW183
£2,20010/240.39 mi-3
£2,20011/240.41 mi-3
£2,40010/240.41 mi-3
£1,80010/240.44 miShaftesbury Crescent, Staines-Upon-Thames3
£2,25003/250.46 mi-3
£2,20010/240.47 mi-3
£1,85010/240.49 miBrightside Avenue, Staines-upon-Thames, Surrey, TW183
£1,85010/240.5 miBrightside Avenue, TW183
£3,40004/250.5 mi-4
£2,30004/250.51 mi-3
£2,40003/250.52 mi-3
£2,75004/250.57 mi-4

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.90 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £550,000

November 16, 2024

Floor Plans

Description

  • Four-Bedroom Semi-Detached House +
  • Secluded Southerly Facing Rear Garden +
  • Off-Street Parking +
  • Integral Garage +
  • Requiring Modernisation +
  • Downstairs WC +
  • Large Reception Room +
  • No Onward Chain +

A well-appointed, four-bedroom, semi-detached family house, conveniently situated on this tree-lined avenue, within close proximity to Staines Mainline Train Station, Matthew Arnold School and Stainash Parade. Occupying approximately 145 sq/m of internal living space, the property briefly comprises of an entrance hallway, four bedrooms, landing, bathroom, large living room, kitchen, ground floor office room, integral garage and downstairs WC. The property further boasts double glazing and off-street parking, and a well maintained and secluded southerly facing rear garden. No onward chain. Sole Agent.

Agent Details

S J Smith Estate Agents, Staines

01784 771179

Next Steps?

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