2 Bed Flat, Single Let, Feltham, TW13 6AP, £199,999

Rex House, Hampton Road West, Hanworth, TW13 6AP - 2 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 12%
~70 m²
+7 photos

ValuationUndervalued

Sold Prices£155K - £455K
Sold Prices/m²£3.1K/m² - £6K/m²

 

 

Square Metres

~70.13 m²
Price/m²£2.9K/m²

Value Estimate

£241,999
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£1,600 - £2,200

Rent Estimate

£1,600

Running Costs/mo

£965

Cashflow/mo

£635

Cashflow/yr

£7,620

ROI

12%

Gross Yield

10%

Local Sold Prices

34 sold prices from £155K to £455K, average is £282.5K. £3.1K/m² to £6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£180K12/200 miFlat 11, Rex House, Hampton Road West, Feltham, Greater London TW13 6AP2
£230K06/210 miFlat 14, Rex House, Hampton Road West, Feltham, Greater London TW13 6AP2
£265K10/230.33 mi64, Amesbury Road, Feltham, Greater London TW13 5HJ2
£310K10/220.33 mi54, Amesbury Road, Feltham, Greater London TW13 5HJ2
£160K10/220.35 mi79, Amesbury Road, Feltham, Greater London TW13 5HH2
£280K03/210.35 mi33, Amesbury Road, Feltham, Greater London TW13 5HH2
£272K04/210.35 mi85, Amesbury Road, Feltham, Greater London TW13 5HH2
£265K12/200.35 mi77, Amesbury Road, Feltham, Greater London TW13 5HH2
£277K05/210.35 mi13, Amesbury Road, Feltham, Greater London TW13 5HH2
£312.5K10/200.4 mi8, Swan Road, Feltham, Greater London TW13 6NE2
£272.5K01/210.45 mi97a, Winchester Road, Feltham, Greater London TW13 5PD2
£300K09/230.46 mi95, Stourton Avenue, Feltham, Greater London TW13 6LD2
£325K01/230.49 mi122a, Saxon Avenue, Feltham, Greater London TW13 5LU2
£285K01/210.51 mi5a, Fountains Avenue, Feltham, Greater London TW13 5NU2
£287.5K11/230.52 mi144, Stourton Avenue, Feltham, Greater London TW13 6LE2
£342K03/230.56 mi42a, Churchfields Avenue, Feltham, Greater London TW13 5NT2
£455K11/220.57 mi14, Broadlands, Hanworth, Feltham, Greater London TW13 6HF2
£275K12/200.61 mi91, Farm Road, Hounslow, Greater London TW4 5PH2
£287.5K05/210.61 mi75, Farm Road, Whitton, Hounslow, Greater London TW4 5PH2
£300K12/230.61 mi55, Farm Road, Whitton, Hounslow, Greater London TW4 5PQ2
£310K04/230.66 mi317a, Hanworth Road, Hampton, Greater London TW12 3EJ2
£317.5K08/210.7 miFlat 3, Fredellen Maisonettes, Alfred Road, Feltham, Greater London TW13 5DQ2
£265K12/230.85 mi44, South Road, Feltham, Greater London TW13 6UD2
£275K06/210.89 mi47, Florence Road, Feltham, Greater London TW13 5AN2
£350K10/220.9 mi2, Dunleary Close, Whitton, Hounslow, Greater London TW4 5NL2
£350K10/220.93 mi9, Dunleary Close, Whitton, Hounslow, Greater London TW4 5NL2
£312K12/200.93 mi57, Morland Close, Hampton, Greater London TW12 3YY2
£330K08/230.94 mi20, Hanworth Road, Feltham, Greater London TW13 5AB2
£230K04/210.95 mi88, Edgar Road, Whitton, Hounslow, Greater London TW4 5QP2
£280K06/210.96 mi50, Redfern Avenue, Hounslow, Greater London TW4 5LY2
£300K11/230.96 mi9, Foxwood Close, Feltham, Greater London TW13 7DN2
£210K04/230.97 mi131, Edgar Road, Whitton, Hounslow, Greater London TW4 5QN2
£237.5K08/210.97 mi129, Edgar Road, Whitton, Hounslow, Greater London TW4 5QN2
£155K08/210.99 mi36, Chichester Close, Hampton, Greater London TW12 3QJ2

Local Rents

28 rents from £1.6K/mo to £2.2K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80011/240.1 mi-2
£1,90004/250.11 mi-2
£1,85004/250.12 mi-2
£1,98002/250.25 mi-2
£2,20001/240.25 mi-2
£2,20001/240.26 mi-2
£1,70002/250.27 mi-2
£1,75010/240.32 mi-2
£1,75010/240.32 mi-2
£1,90001/250.39 mi-2
£1,90003/250.39 mi-2
£1,85010/240.39 miFonthill Court, Cottington Road, Hanworth Feltham, TW13 6AF2
£1,60010/240.41 miHounslow Road, Hanworth, Middlesex, TW132
£1,60001/240.43 mi-2
£1,65002/250.43 mi-2
£1,99510/240.43 miMillbourne Road, Hanworth2
£1,65010/240.44 miGrove Crescent, Hanworth2
£1,70010/240.45 miWinchester Road, FELTHAM2
£1,90002/240.53 mi-2
£1,65010/240.58 miBear Road, Feltham, TW132
£2,10002/240.58 mi-2
£2,10002/240.58 mi-2
£2,10010/240.58 mi-2
£2,10003/250.58 mi-2
£2,05010/240.58 mi-2
£2,20010/240.59 miThe Alders, Feltham, TW132
£1,65010/240.59 miBoundaries Road, FELTHAM2
£2,02510/240.61 mi-2

Local Area Statistics

Population in TW13

36,127

Population in Feltham

64,101

Town centre distance

1.10 miles away

Nearest school

0.20 miles away

Nearest train station

1.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £199,999

November 29, 2024

Floor Plans

Description

  • Two bedrooms +
  • Vacant possession +
  • Double Glazing +
  • Entry phone +
  • No forward chain +
  • Viewings recommended +

In our opinion a fantastic opportunity to purchase this two bedroom second floor apartment which is offered to the market with no forward chain. Further benefits to the property include lift access, double glazing and door entry system. Viewings are highly recommended. Council Tax Band B.

The vendor has informed us that the lease is approximately 80 years we are await the ground rent and service charge information, (but we understand the costs are in the region of: Ground Rent £100 per annum and the Annual service charge approximately £3200 per annum). We are awaiting confirmation of the tenure from the Vendors solicitors, and we advise that all interested parties should obtain verification and confirmation of the terms of the lease through their solicitor or surveyor.

Hall
Front door to communal hall, storage cupboard, electric heater and doors to all rooms.

Lounge 5.28m (17' 4") x 4.01m (13' 2")
Double glazed windows, electric heater, coving.

Kitchen 3.16m (10' 4") x 2.38m (7' 10")
Double glazed window, range of floor and wall mounted units, roll top work surface, built-in oven with hob and extractor fan, sink and drainer unit with mixer tap, integrated fridge freezer, part tiled walls, tiled flooring, space for washing machine.

Bedroom 1 4.00m (13' 1") x 3.38m (11' 1")
Double glazed window, electric heater, coving.

Bedroom 2 3.48m (11' 5") x 2.69m (8' 10")
Double glazed window, electric heater.

Shower Room
Double glazed window, shower cubicle, pedestal wash hand basin, low level WC, storage heater, fully tiled walls, tiled floor.

LEASEHOLD: We understand that the property is leasehold but has not yet been able to verify the terms and conditions of lease. However, we are awaiting confirmation of the tenure from the Vendors solicitors and we advise that all interested parties should obtain verification and confirmation of the terms of the lease through their solicitor or surveyor.

Please note that it is not our company policy to test the services, heating systems and domestic appliances, therefore we cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor.

Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

Agent Details

Sherwoods Independent Estate Agents, Bedfont

020 3872 5307

Next Steps?

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