2 Bed Flat, Single Let, Hayes, UB3 4DS, £250,000

Station Road, Hayes, UB3 4DS - 3 months ago

Under Offer

Leasehold

BTL

ROI: 9%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£180K - £335K
Sold Prices/m²	£3.2K/m² - £6.6K/m²

Square Metres	~68.11 m²
Price/m²	£3.7K/m²
Value Estimate	£312,192£312,192
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£13,700£13,700
Total Cash In	£76,200£76,200

Cash Out
Rent Range	£1,450 - £3,250£1,450 - £3,250
Rent Estimate	£1,700
Running Costs/mo	£1,141£1,141
Cashflow/mo	£559£559
Cashflow/yr	£6,705£6,705
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

24 sold prices from £180K to £335K, average is £286K. £3.2K/m² to £6.6K/m², average is £4.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£300K	06/21	0.16 mi	Flat 603, Signal Building, Station Approach, Hayes, Greater London UB3 4FG	-	-	2	Flat
£310K	11/22	0.31 mi	13, Sandow Crescent, Hayes, Greater London UB3 4QH	£6,596	47	2	Flat
£330K	03/23	0.44 mi	32, Fairey Avenue, Hayes, Greater London UB3 4NY	£5,593	59	2	Flat
£320K	06/23	0.44 mi	19, Fairey Avenue, Hayes, Greater London UB3 4NY	-	-	2	Flat
£285K	09/20	0.45 mi	53, Fairey Avenue, Hayes, Greater London UB3 4NZ	£5,182	55	2	Flat
£180K	10/23	0.45 mi	55, Fairey Avenue, Hayes, Greater London UB3 4NZ	£3,214	56	2	Flat
£277K	02/21	0.56 mi	90, Botwell Lane, Hayes, Greater London UB3 2AF	£4,541	61	2	Flat
£320K	11/23	0.56 mi	21, Laburnum Road, Hayes, Greater London UB3 4JX	-	-	2	Flat
£287K	10/21	0.58 mi	23, Compton Road, Hayes, Greater London UB3 2AZ	£4,348	66	2	Flat
£254K	04/21	0.59 mi	Flat 6, Chartwell Court, Church Road, Hayes, Greater London UB3 2LP	-	-	2	Flat
£259.7K	01/21	0.6 mi	Flat 10, Chartwell Court, Church Road, Hayes, Greater London UB3 2LP	-	-	2	Flat
£245K	11/22	0.7 mi	58, Willenhall Drive, Hayes, Greater London UB3 2UU	£4,712	52	2	Flat
£335K	05/23	0.77 mi	148, Church Road, Hayes, Greater London UB3 2LW	£6,241	54	2	Flat
£270K	06/23	0.85 mi	59, Barra Hall Road, Hayes, Greater London UB3 2NS	£4,440	61	2	Flat
£305K	06/23	0.93 mi	10, Fulwood Close, Hayes, Greater London UB3 2NF	£4,067	75	2	Flat
£324K	10/23	0.93 mi	11, Fulwood Close, Hayes, Greater London UB3 2NF	£4,378	74	2	Flat
£280K	06/21	0.95 mi	317, Botwell Lane, Hayes, Greater London UB3 2AR	£6,222	45	2	Flat
£310K	06/21	0.95 mi	44, Reid Close, Hayes, Greater London UB3 2DD	£4,626	67	2	Flat
£265K	03/21	0.95 mi	39, Reid Close, Hayes, Greater London UB3 2DD	£3,758	71	2	Flat
£265K	03/21	0.95 mi	39, Reid Close, Hayes, Greater London UB3 2DD	£3,758	71	2	Flat
£287.5K	10/22	0.95 mi	33, Reid Close, Hayes, Greater London UB3 2DD	£4,049	71	2	Flat
£280K	04/21	0.96 mi	31, Botwell Crescent, Hayes, Greater London UB3 2BD	£5,833	48	2	Flat
£285K	04/21	0.98 mi	38, Botwell Crescent, Hayes, Greater London UB3 2BE	£6,333	45	2	Flat
£325K	08/23	0.98 mi	30, Botwell Crescent, Hayes, Greater London UB3 2BE	-	-	2	Flat

Local Rents

36 rents from £1.4K/mo to £3.3K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	01/24	0.14 mi	-	2	Flat
£2,100	10/24	0.15 mi	Station Approach, Hayes and Harlington, Hayes, UB3	2	Flat
£2,050	02/25	0.15 mi	-	2	Flat
£2,100	10/24	0.15 mi	-	2	Flat
£2,000	02/25	0.16 mi	-	2	Flat
£1,950	10/24	0.17 mi	-	2	Flat
£2,075	10/24	0.17 mi	The Stylus	2	Flat
£2,100	10/24	0.17 mi	-	2	Flat
£1,850	10/24	0.18 mi	-	2	Flat
£1,895	12/24	0.18 mi	-	2	Flat
£2,200	10/24	0.19 mi	Blyth Road, HAYES	2	Flat
£2,250	10/24	0.21 mi	Mortise House, Chailey Place, Hayes	2	Flat
£2,250	10/24	0.21 mi	Mortise House, Chailey Place, Hayes	2	Flat
£2,400	10/24	0.21 mi	Chailey Place	2	Flat
£2,500	10/24	0.21 mi	Chailey Place	2	Flat
£3,250	10/24	0.23 mi	-	2	Flat
£1,900	10/24	0.25 mi	Machine Works House, Pressing Lane, Hayes, UB3	2	Flat
£2,050	10/24	0.27 mi	Boiler House, Material Walk, Hayes, Greater London, UB3	2	Flat
£1,450	11/24	0.32 mi	-	2	Flat
£1,450	11/24	0.32 mi	-	2	Flat
£1,950	01/25	0.33 mi	-	2	Flat
£1,675	10/24	0.33 mi	-	2	Flat
£1,675	10/24	0.33 mi	-	2	Flat
£2,500	02/25	0.36 mi	-	2	Flat
£2,300	11/24	0.36 mi	-	2	Flat
£2,400	10/24	0.39 mi	-	2	Flat
£1,993	10/24	0.4 mi	Laurina Apartments, 10 Carnation gardens, Hayes	2	Flat
£1,900	10/24	0.42 mi	22 Farine Avenue, Hayes	2	Flat
£1,950	12/24	0.43 mi	-	2	Flat
£1,950	10/24	0.46 mi	-	2	Flat
£1,600	10/24	0.55 mi	Compton Road, Hayes, UB3	2	Flat
£1,850	01/24	0.56 mi	-	2	Flat
£1,900	01/25	0.56 mi	-	2	Flat
£1,700	11/24	0.59 mi	-	2	Flat
£1,650	10/24	0.59 mi	-	2	Flat
£2,000	12/24	0.61 mi	-	2	Semi-Detached House

Local Area Statistics

Population in UB3	48,47448,474
Population in Hayes	88,04788,047
Town centre distance	0.40 miles away0.40 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.18 miles away0.18 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+22%+22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+15%+15%

Property History

Price changed to £250,000

January 23, 2025

Listed for £270,000

December 2, 2024

Floor Plans

Description

TWO BED FIRST FLOOR FLAT +
DOUBLE GLAZED +
ELECTRIC HEATING +
OPEN PLAN LOUNGE/KITCHEN +
DOUBLE BEDROOMS +
LEASE APPROX 100 YEARS +
SERVICE CHARGE £100 PCM +
GROUDN RENT £100 PER ANNUM +
POTENTIAL RENTAL £1700 PCM +
0.3 MILES TO HAYES AND HARLINGTON STATION +

HAYES TOWN! Simple Estate Agents present to the market this lovely two bed apartment located in Hayes Town. The property benefits from two double bedrooms, open plan lounge/kitchen, laminate flooring, electric heating and telephone entry system to name a few. The property is located a stone's throw from the shops, bus stops and Hayes and Harlington Station. This would be great for a first time buyer or buy to let investor....

Agent Details

Simple Estate Agents, Hayes

020 3834 8492

Next Steps?

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

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