3 Bed Semi-Detached House, Refurb/BRRR, Egham, TW20 8JZ, £475,000

89 Wavendene Avenue, Egham, Surrey, TW20 8JZ - 2 views - 4 months ago

Refurb/BRRR
ROI: 3%
84 m²
+15 photos

ValuationOvervalued

Sold Prices£334K - £560K
Sold Prices/m²£3.5K/m² - £7.3K/m²

 

 

Square Metres

84 m²
Price/m²£5.7K/m²

Value Estimate

£357,000

 

 

End Value (After Refurb)

£475,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£41,548

Bridging Loan Interest

£12,469

Total Cash In

£203,217

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£475,000

Mortgage (After Refinance)

£356,250

Mortgage LTV

75%

Cash Left In

£203,217

Equity

£118,750

Rent Range

£1,995 - £4,350

Rent Estimate

£2,485

Running Costs/mo

£2,001

Cashflow/mo

£484

Cashflow/yr

£5,804

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £334K to £560K, average is £436K. £3.5K/m² to £7.3K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£550K11/230.05 mi125, Warwick Avenue, Egham, Surrey TW20 8LR3
£381K11/210.07 mi116, Warwick Avenue, Egham, Surrey TW20 8LS3
£459K11/230.07 mi124, Warwick Avenue, Egham, Surrey TW20 8LS3
£398K01/230.07 mi104, Warwick Avenue, Egham, Surrey TW20 8LS3
£465K12/230.08 mi18, Ashleigh Avenue, Egham, Surrey TW20 8LA3
£475K04/240.08 mi58, Ashleigh Avenue, Egham, Surrey TW20 8LA3
£523K06/230.08 mi50, Ayebridges Avenue, Egham, Surrey TW20 8HS3
£490K11/220.12 mi69, Wavendene Avenue, Egham, Surrey TW20 8JZ3
£392K10/200.12 mi24, Clandon Avenue, Egham, Surrey TW20 8LP3
£430K10/230.13 mi6, Clandon Avenue, Egham, Surrey TW20 8LP3
£475K02/210.13 mi10, Clandon Avenue, Egham, Surrey TW20 8LP3
£470K10/230.13 mi78, Wavendene Avenue, Egham, Surrey TW20 8JY3
£430K06/210.13 mi50, Wavendene Avenue, Egham, Surrey TW20 8JY3
£437K03/210.13 mi36, Wavendene Avenue, Egham, Surrey TW20 8JY3
£415K06/210.14 mi52a, Park Avenue, Egham, Surrey TW20 8HN3
£450K11/210.16 mi30, Park Avenue, Egham, Surrey TW20 8HJ3
£465K05/210.17 mi45, Wavendene Avenue, Egham, Surrey TW20 8JX3
£560K03/230.17 mi16, Boscombe Close, Egham, Surrey TW20 8LX3
£365K02/210.17 mi48, Warwick Avenue, Egham, Surrey TW20 8LT3
£475K08/230.17 mi49, Wavendene Avenue, Egham, Surrey TW20 8JX3
£452.5K02/240.17 mi29, Wavendene Avenue, Egham, Surrey TW20 8JX3
£409K06/210.18 mi9, Warwick Avenue, Egham, Surrey TW20 8LW3
£422K11/210.18 mi33, Warwick Avenue, Egham, Surrey TW20 8LW3
£525K01/210.19 mi83, Park Avenue, Egham, Surrey TW20 8HL3
£475K05/210.19 mi10, Oak Avenue, Egham, Surrey TW20 8HH3
£447K01/210.19 mi8, Oak Avenue, Egham, Surrey TW20 8HH3
£492.5K07/230.21 mi64, Ayebridges Avenue, Egham, Surrey TW20 8HT3
£520K01/230.21 mi73a, Park Avenue, Egham, Surrey TW20 8HL3
£435K10/230.21 mi85, Park Avenue, Egham, Surrey TW20 8HL3
£460K03/230.22 mi24, Park Avenue, Egham, Surrey TW20 8HW3
£460K08/230.23 mi50, South Avenue, Egham, Surrey TW20 8HQ3
£365K05/210.24 mi23, South Avenue, Egham, Surrey TW20 8HG3
£415K12/200.25 mi29, Huntingfield Way, Egham, Surrey TW20 8DU3
£433K02/230.26 mi71, Ayebridges Avenue, Egham, Surrey TW20 8HT3
£370K05/210.29 mi14, Lacey Close, Egham, Surrey TW20 8DX3
£430K03/230.33 mi49, Langton Way, Egham, Surrey TW20 8DZ3
£428K03/210.34 miSelwyn, Medlake Road, Egham, Surrey TW20 8HU3
£387.5K11/210.36 mi27, Langton Way, Egham, Surrey TW20 8DS3
£360K03/210.37 mi58, Huntingfield Way, Egham, Surrey TW20 8DT3
£482K01/230.37 mi7, Huntingfield Way, Egham, Surrey TW20 8DY3
£470K11/230.38 mi40, Barons Way, Egham, Surrey TW20 8EA3
£420K10/230.38 mi7, Harcourt Close, Egham, Surrey TW20 8BJ3
£334K06/210.38 mi12, Harcourt Close, Egham, Surrey TW20 8BJ3
£390K03/210.38 mi1, Harcourt Close, Egham, Surrey TW20 8BJ3
£535K12/220.39 mi31, Barons Way, Egham, Surrey TW20 8EA3
£430K12/220.41 mi15, Harcourt Close, Egham, Surrey TW20 8BJ3
£407.5K12/220.41 mi20, Harcourt Close, Egham, Surrey TW20 8BJ3
£540K09/220.45 mi120, Thorpe Lea Road, Egham, Surrey TW20 8BL3
£396K06/210.46 mi44, Bishops Way, Egham, Surrey TW20 8EW3
£415K02/210.47 mi119, Thorpe Lea Road, Egham, Surrey TW20 8HB3

Local Rents

12 rents from £2K/mo to £4.3K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,30002/240.06 mi-3
£2,20004/250.07 mi-3
£2,25010/240.21 miEgham3
£2,12010/240.36 mi-3
£2,10003/250.36 mi-3
£4,35010/240.53 mi-3
£4,35010/240.53 mi-3
£4,35001/250.53 mi-3
£3,65003/250.53 mi-3
£2,30010/240.6 mi-3
£2,30010/240.6 miRoundway, Egham, TW203
£1,99510/240.61 miSurrey, TW203

Local Area Statistics

Population in TW20

24,536

Population in Egham

24,931

Town centre distance

0.84 miles away

Nearest school

0.30 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £475,000

March 4, 2025

Price changed to £485,000

February 8, 2025

Listed for £500,000

December 1, 2024

Sold for £225,000

2002

Sold for £193,500

2001

Sold for £137,950

1999

Floor Plans

Description

  • Entrance Hallway - Kitchen With Garden Views +
  • Open Plan Living/Dining Room With Doors To Garden +
  • Three Bedrooms To First Floor - Family Bathroom +
  • South/Westerly Facing Rear Garden - Frontage +
  • Reach Of Sought After Schools & Amenities +
  • Links To Local Mainline Stations - M3, M25 & A30 +
  • Opportunity For Modernisation/ Extension STPP +

Property Description

Nestled within this spot, located a stones throw of parkland, this family home boasts driveway, detached garage and ample frontage with further opportunity to extend STPP - Sought after location

Property Details

Video Viewings:
If proceeding without a physical viewing please note that you must make all necessary additional investigations to satisfy yourself that all requirements you have of the property will be met. Video content and other marketing materials shown are believed to fairly represent the property at the time they were created.
Why the owner loves the property:
I was first attracted to this property by how quiet the road is and the fact it is not overlooked from either the front or the back, there is green space at the rear ideal for dog walking and a small person playground. Having own driveway is a big bonus. Local shops are a walk away as are the local schools. There is room to extend side and back if you so wish. It will make a lovely family home as it has been for the last 20 odd years.
Why the owner loves the property:
I was first attracted to this property by how quiet the road is and the fact it is not overlooked from either the front or the back, there is green space at the rear ideal for dog walking and a small person playground. Having own driveway is a big bonus. Local shops are a walk away as are the local schools. There is room to extend side and back if you so wish. It will make a lovely family home as it has been for the last 20 odd years.

Agent Details

Chancellors, Virginia Water

01344 948123

Next Steps?

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