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4 Bed Detached House, Refurb/BRRR, Staines, TW18 1LN, £650,000

Templedene Avenue, Staines, Surrey, TW18 1LN - 4 views - 5 months ago

Sold STC
Refurb/BRRR
~129 m²
+10 photos

ValuationOvervalued

Sold Prices£442.5K - £1.7M
Sold Prices/m²£730/m² - £14.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5K/m²

Value Estimate

£591,516

 

 

End Value (After Refurb)

£679,559

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£68,381

Bridging Loan Interest

£17,063

Total Cash In

£290,394

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£679,559

Mortgage (After Refinance)

£509,670

Mortgage LTV

75%

Cash Released

£22,170

Cash Left In

£268,224

Equity

£169,890

Rent Range

£1,590 - £6,800

Rent Estimate

£2,153

Running Costs/mo

£2,574

Cashflow/mo

£-421

Cashflow/yr

£-5,055

Gross Yield

4%

Local Sold Prices

51 sold prices from £442.5K to £1.7M, average is £640K. £730/m² to £14.7K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£705K09/230.09 mi95, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LT4
£640K02/240.12 mi1, Templedene Avenue, Staines-upon-thames, Surrey TW18 1LH4
£500K03/210.12 mi14, Hazel Grove, Staines-upon-thames, Surrey TW18 1JL4
£500K04/210.16 mi127, Elizabeth Avenue, Staines, Surrey TW18 1JN4
£470K03/210.16 mi135, Elizabeth Avenue, Staines, Surrey TW18 1JN4
£620K02/210.18 mi5, Ash Grove, Staines, Surrey TW18 1JE4
£650K06/230.19 mi39, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JG4
£560K04/230.24 mi9, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1HZ4
£590K10/230.24 mi11, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1HZ4
£500K04/230.29 mi1, Abbot Close, Staines-upon-thames, Surrey TW18 1QY4
£601.8K12/220.3 mi8, Worple Avenue, Staines-upon-thames, Surrey TW18 1HX4
£480K05/230.33 mi15, Bingham Drive, Staines-upon-thames, Surrey TW18 1QX4
£475K10/230.33 mi49, Bingham Drive, Staines-upon-thames, Surrey TW18 1QX4
£575K11/200.34 mi150, Kingston Road, Staines, Surrey TW18 1BL4
£442.5K11/200.36 mi67, Shaftesbury Crescent, Staines, Surrey TW18 1QL4
£705K11/230.37 mi67, Lansdowne Road, Staines-upon-thames, Surrey TW18 1HH4
£587.5K06/210.38 mi27, Florence Gardens, Staines-upon-thames, Surrey TW18 1HG4
£625K03/210.4 mi109, Grosvenor Road, Staines, Surrey TW18 2RP4
£555K04/210.4 mi56, Knightsbridge Crescent, Staines, Surrey TW18 2QR4
£510K10/230.4 mi68, Knightsbridge Crescent, Staines-upon-thames, Surrey TW18 2QR4
£685K12/200.4 mi97, Grosvenor Road, Staines, Surrey TW18 2RP4
£650K03/210.42 mi9, Glebe Road, Staines-upon-thames, Surrey TW18 1BX4
£760K06/210.44 mi3, Hernes Close, Staines, Surrey TW18 2SY4
£791K02/210.46 mi1, Greenway Drive, Staines-upon-thames, Surrey TW18 1RT4
£790K01/210.47 mi12, Grosvenor Road, Staines-upon-thames, Surrey TW18 2RW4
£502K11/220.49 mi51, Hensworth Road, Ashford, Surrey TW15 3NG4
£826K03/230.49 mi6, Acacia Road, Staines-upon-thames, Surrey TW18 1BY4
£655K07/230.5 mi16, Parkside Place, Staines-upon-thames, Surrey TW18 2QZ4
£720K11/210.53 mi361, Ashford Road, Staines, Surrey TW18 1QQ4
£565K11/200.54 mi352, Kingston Road, Ashford, Surrey TW15 3SF4
£675K12/200.54 mi24, Knowle Park Avenue, Staines, Surrey TW18 1AN4
£800K12/230.54 mi12, Knowle Park Avenue, Staines-upon-thames, Surrey TW18 1AN4
£761K01/210.54 mi10, Wrabness Way, Staines-upon-thames, Surrey TW18 2SG4
£710K10/200.58 mi24, The Ryde, Staines-upon-thames, Surrey TW18 2SL4
£635K06/210.58 mi31, Wheatsheaf Lane, Staines, Surrey TW18 2PD4
£475K09/230.6 mi211, Laleham Road, Staines-upon-thames, Surrey TW18 2NS4
£475K09/230.6 mi211, Laleham Road, Staines-upon-thames, Surrey TW18 2NS4
£580K03/210.62 mi33, Wheatsheaf Lane, Staines, Surrey TW18 2PD4
£690K11/200.63 mi34, Penton Hook Road, Staines-upon-thames, Surrey TW18 2PF4
£710K01/210.63 mi26, Penton Hook Road, Staines, Surrey TW18 2PF4
£655K01/230.64 mi42, Wheatsheaf Lane, Staines-upon-thames, Surrey TW18 2PE4
£850K06/210.67 mi9, Thames Gate, Staines, Surrey TW18 2SZ4
£1.7M09/230.68 mi182, Thames Side, Staines-upon-thames, Surrey TW18 2JH4
£560K12/200.68 mi4, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AQ4
£622.5K08/210.69 mi93, Marlborough Road, Ashford, Surrey TW15 3PW4
£632K11/210.69 mi70, Marlborough Road, Ashford, Surrey TW15 3PW4
£1.1M12/220.72 mi2, Belle Vue Close, Staines-upon-thames, Surrey TW18 2HY4
£650K11/230.73 mi12, Chiltern Close, Staines-upon-thames, Surrey TW18 2BU4
£710K01/230.74 mi7, Park Avenue, Staines-upon-thames, Surrey TW18 2EF4
£687.5K03/210.74 mi20, Park Avenue, Staines-upon-thames, Surrey TW18 2EF4
£1.1M05/210.76 mi123, Thames Side, Staines, Surrey TW18 2HS4

Local Rents

18 rents from £1.6K/mo to £6.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20010/240.08 mi-3
£1,85010/240.11 miBrightside Avenue, Staines-upon-Thames, Surrey, TW183
£1,85010/240.11 miBrightside Avenue, TW183
£2,75004/250.18 mi-4
£2,65004/250.19 mi-4
£2,30010/240.27 mi-3
£2,30010/240.3 miWorple Avenue, Staines-upon-Thames, Surrey, TW183
£2,75010/240.3 mi-3
£2,25003/250.31 mi-3
£1,80010/240.37 miShaftesbury Crescent, Staines-Upon-Thames3
£1,59010/240.38 miKenilworth Gardens, Staines-Upon-Thames, Surrey, TW183
£3,00003/250.4 mi-5
£6,80004/250.42 mi-5
£2,40010/240.47 mi-3
£2,20011/240.47 mi-3
£2,75009/240.48 mi-5
£2,20010/240.48 mi-3
£1,80010/240.51 miKingston Crescent, Ashford, TW154

Links

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.87 miles away

Nearest school

0.20 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £650,000

November 19, 2024

Floor Plans

Description

  • Detached Family Home +
  • Four Bedrooms +
  • Two Bathrooms +
  • Downstairs Cloakroom +
  • Large Utility Room +
  • Requires Modernisation Throughout +
  • Double Detached Garage +
  • Off Street Parking +

Requiring complete modernisation, this extended detached family home occupies a corner plot in a popular residential road and is being offered for sale with immediate vacant possession. Features include a well appointed living room, spacious open plan kitchen/dining room, downstairs cloakroom, larger than average utility room, four bedrooms upstairs (three doubles and one single), two large family bathrooms, rear and side gardens with scope to extend further (stpp) and a detached double garage with off street parking for two cars. The property has been owned by our sellers for more than 35 years, a testament to the property and location.

Agent Details

Seymours Estate Agents, Staines upon Thames

01784 913069

Next Steps?

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

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