3 Bed Flat, Single Let, Staines, TW18 4RR, £330,000

Kingfisher Drive, Staines-upon-Thames, Surrey, TW18 4RR - 5 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~75 m²
+8 photos

ValuationOvervalued

Sold Prices£245K - £648K
Sold Prices/m²£2.5K/m² - £6.9K/m²

 

 

Square Metres

~75 m²
Price/m²£4.4K/m²

Value Estimate

£303,199

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£800 - £3,000

Rent Estimate

£1,696

Running Costs/mo

£1,390

Cashflow/mo

£306

Cashflow/yr

£3,667

ROI

4%

Gross Yield

6%

Local Sold Prices

19 sold prices from £245K to £648K, average is £322.5K. £2.5K/m² to £6.9K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£315K11/220.01 mi31, Kingfisher Drive, Staines-upon-thames, Surrey TW18 4RR3
£300K11/230.05 mi40, Waters Drive, Staines-upon-thames, Surrey TW18 4RJ3
£338K04/230.08 mi33, Lark Avenue, Staines-upon-thames, Surrey TW18 4RX3
£446K08/230.08 mi17, Robin Way, Staines-upon-thames, Surrey TW18 4RL3
£292.5K06/210.1 mi177, Waters Drive, Staines, Surrey TW18 4RN3
£497.5K02/211.11 mi54, Wheatsheaf Lane, Staines, Surrey TW18 2PE3
£440K10/201.25 mi243, Kingston Road, Staines-upon-thames, Surrey TW18 1PA3
£315K10/221.32 mi72, Hengrove Crescent, Ashford, Surrey TW15 3DJ3
£322.5K09/211.32 mi6, Hengrove Crescent, Ashford, Surrey TW15 3DG3
£325K01/231.54 mi39, Foxglove Close, Stanwell, Staines-upon-thames, Surrey TW19 7UE3
£265K03/211.58 mi15, Diamedes Avenue, Stanwell, Staines, Surrey TW19 7JE3
£300K03/231.69 mi13, St Marys Avenue, Stanwell, Staines-upon-thames, Surrey TW19 7JA3
£245K10/211.82 mi1 Andover Court, Hannibal Road, Stanwell, Staines-upon-thames, Surrey TW19 7HQ3
£280K01/211.95 mi26a, Church Road, Ashford, Surrey TW15 2UY3
£630K05/212.1 mi119, Coppermill Road, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5NX3
£287.5K03/212.24 mi14, Normanhurst, Ashford, Surrey TW15 2NX3
£648K06/212.26 mi29, Exeforde Avenue, Ashford, Surrey TW15 2EF3
£335K09/212.55 mi1a, Windsor Road, Wraysbury, Staines, Windsor And Maidenhead TW19 5DE3
£375K05/232.86 mi37, Dukes Close, Ashford, Surrey TW15 1BQ3

Local Rents

11 rents from £800/mo to £3K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£80004/250.04 mi-3
£1,70010/240.05 miWaters Drive, Staines-Upon-Thames, Middlesex, TW183
£1,69511/240.05 mi-3
£2,20010/240.09 mi-3
£3,00010/240.11 miFairfield Avenue, Staines, Surrey, TW183
£3,00010/240.11 miKooky Staines, Fairfield Avenue, Staines, TW183
£2,10003/250.11 mi-3
£2,20004/250.41 mi-3
£2,50001/240.47 mi-3
£2,45010/240.49 miLondon Road, Staines-upon-Thames, Surrey, TW183
£2,35004/250.62 mi-3

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.49 miles away

Nearest school

0.60 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Price changed to £330,000

January 4, 2025

Listed for £340,000

November 23, 2024

Floor Plans

Description

  • Ground floor apartment +
  • Three bedrooms +
  • Private balcony +
  • Close to transport links +
  • Close to amenities +

This well-presented ground floor apartment located in the popular Moormede development is brought to the market with no onward chain.

The apartment comprises three bedrooms, separate fitted kitchen, three-piece bathroom suite with over bath shower and a spacious lounge with a private balcony.

Located close to Staines Town Centre, the accommodation also benefits from being walking distance to Staines Railway Station which provides good transport links with services operating to London Waterloo and Reading. Further benefits include the property being sold with a garage in a separate block.

This property is in fantastic condition and viewings are highly recommended.

Agent Details

Stirling Ackroyd Sales, Staines

01784 779579

Next Steps?

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