2 Bed Flat, Single Let, West Drayton, UB7 9JD, £250,000

41 Byron Way, West Drayton, Greater London, UB7 9JD - 1 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 7%
67 m²
+5 photos

ValuationUndervalued

Sold Prices£112.5K - £320K
Sold Prices/m²£2.3K/m² - £5.9K/m²

 

 

Square Metres

67 m²
Price/m²£3.7K/m²

Value Estimate

£303,419
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,000

Rent Estimate

£1,550

Running Costs/mo

£1,111

Cashflow/mo

£439

Cashflow/yr

£5,265

ROI

7%

Gross Yield

7%

Local Sold Prices

34 sold prices from £112.5K to £320K, average is £275K. £2.3K/m² to £5.9K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£265K09/210.14 mi157, Wordsworth Way, West Drayton, Greater London UB7 9HX2
£270K04/210.15 mi95, Wordsworth Way, West Drayton, Greater London UB7 9HY2
£305K03/210.5 mi185c, Station Road, West Drayton, Greater London UB7 7NQ2
£305K03/210.51 mi185c, Station Road, West Drayton, Greater London UB7 7NQ2
£298K08/230.64 mi77, Swan Road, West Drayton, Greater London UB7 7LA2
£270K03/210.66 mi28, Osprey Close, West Drayton, Greater London UB7 7JE2
£286K06/210.68 mi28a, Drayton Gardens, West Drayton, Greater London UB7 7LG2
£275K03/210.68 mi16a, Drayton Gardens, West Drayton, Greater London UB7 7LG2
£251.5K11/210.72 mi138, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£320K12/220.73 mi15, Classon Close, West Drayton, Greater London UB7 7JU2
£290K06/210.75 mi63, Wren Drive, West Drayton, Greater London UB7 7NR2
£296K12/200.75 mi51, Wren Drive, West Drayton, Greater London UB7 7NR2
£300K11/230.75 mi45, Wren Drive, West Drayton, Greater London UB7 7NR2
£255K01/240.76 mi141, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£275K05/230.76 mi113, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£275K02/210.76 miFlat 27, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£282K02/210.77 mi25, Wren Drive, West Drayton, Greater London UB7 7NW2
£265K01/230.77 miFlat 20, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£280K01/230.77 mi106, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£260K07/210.78 miFlat 3, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£263K03/210.78 miFlat 7, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£289K06/210.78 miFlat 2, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£300K04/210.79 mi22, Cherry Orchard, West Drayton, Greater London UB7 7JR2
£310K11/200.82 mi22b, Warwick Road, West Drayton, Greater London UB7 9BZ2
£305K02/230.89 miFlat 5, Delaford House, Colham Mill Road, West Drayton, Greater London UB7 7AD2
£272.2K06/210.91 mi30, Knowles Close, West Drayton, Greater London UB7 8LY2
£112.5K03/230.91 mi14, Knowles Close, Yiewsley, West Drayton, Greater London UB7 8LY2
£312K12/200.92 mi30, Candover Close, Harmondsworth, West Drayton, Greater London UB7 0BD2
£215K01/210.94 mi2, Aspen Close, West Drayton, Greater London UB7 8HR2
£220K07/210.94 mi30, Aspen Close, West Drayton, Greater London UB7 8HR2
£240K04/210.94 mi6, Aspen Close, Yiewsley, West Drayton, Greater London UB7 8HR2
£242K10/230.94 mi4, Aspen Close, Yiewsley, West Drayton, Greater London UB7 8HR2
£255K11/210.96 miFlat 3, Ashley Court, High Street, Yiewsley, West Drayton, Greater London UB7 7DN2
£265K07/230.96 miFlat 12, Ashley Court, High Street, Yiewsley, West Drayton, Greater London UB7 7DN2

Local Rents

22 rents from £1.4K/mo to £2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,62504/250.14 mi-2
£1,70003/250.48 mi-2
£1,80001/250.5 mi-2
£1,80010/240.52 miWintergreen Boulevard, West Drayton, UB72
£1,45010/240.53 miSipson road, Sipson.2
£1,70002/250.53 mi-2
£1,67510/240.53 mi-2
£1,75010/240.54 miBurlington House, West Drayton2
£1,90010/240.56 mi4 Wintergreen Boulevard, West Drayton2
£1,70010/240.56 miKensington House, West Drayton2
£1,85010/240.56 miKensington House, Parkwest, UB72
£1,55001/250.57 mi-2
£2,00011/240.57 mi-2
£1,80010/240.57 miClovelly Court, Drayton Garden Village, West Drayton, Middlesex, UB72
£1,80010/240.58 miHampstead House, West Drayton2
£2,00010/240.59 mi-2
£2,00010/240.59 mi-2
£2,00011/240.59 mi-2
£1,75003/250.59 mi-2
£1,90011/240.59 mi-2
£1,75010/240.6 mi-2
£1,35010/240.62 miHawthorne Crescent, UB7 9PA2

Local Area Statistics

Population in UB7

29,741

Town centre distance

0.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+61%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £250,000

November 19, 2024

Sold for £39,950

1996

Floor Plans

Description

  • Two bedroom +
  • Duplex first floor apartment +
  • En suite bathroom +
  • No upper chain +
  • Perfect investment or first time purchase +
  • On street parking +
  • Close to local amenities +
  • Low service charge & ground rent +

With no upper chain, this duplex first floor apartment is an ideal investment opportunity or a wonderful first-time purchase for those looking to step onto the property ladder.

Description - Although some modernization is required throughout, this presents a fantastic opportunity to put your own stamp on the property and create a space that truly reflects your style and taste.

Location - West Drayton's position on the western edge of the Capital means that it is superbly placed to access Central London with ease. With frequent services to London Paddington in less than 25 minutes from the West Drayton Mainline Train Station with the Elizabeth Line upgrade, which brings West Drayton to within a 40 minute train journey to Canary Wharf and will give regular access to the center of London. The property also has convenient vehicular access to the M25 and M4 motorways. The property is within walking distance to local shops, great schools, local bus routes and a short bus ride to West Drayton Town Centre. West Drayton is 10 minutes from Heathrow airport.

Terms And Notification Of Sale - Tenure: Leasehold
Local Authority: London Borough of Hillingdon
Council tax band: C
EPC rating: C

Lease term: 87 years remaining
Service charge: £1,330 per annum approx.
Ground rent: £10 per annum

Agent Details

Cameron Estate Agents, West Drayton

01895 545726

Next Steps?

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