2 Bed Flat, Single Let, Hounslow, TW5 9AX, £280,000

Great West Road, TW5 9AX - 3 views - 4 months ago

Leasehold

BTL

ROI: 6%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£162.5K - £336K
Sold Prices/m²	£2.6K/m² - £6.2K/m²

Square Metres	~68.11 m²
Price/m²	£4.1K/m²
Value Estimate	£305,603£305,603
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£70,000£70,000
Stamp Duty & Legal Fees	£11,100£11,100
Total Cash In	£81,100£81,100

Cash Out
Rent Range	£1,450 - £2,300£1,450 - £2,300
Rent Estimate	£1,650
Running Costs/mo	£1,225£1,225
Cashflow/mo	£425£425
Cashflow/yr	£5,100£5,100
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

27 sold prices from £162.5K to £336K, average is £277K. £2.6K/m² to £6.2K/m², average is £4.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£327.5K	04/22	0.17 mi	87, Travellers Way, Hounslow, Greater London TW4 7QB	-	-	2	Flat
£180K	05/22	0.17 mi	5, Travellers Way, Hounslow, Greater London TW4 7QB	£2,647	68	2	Flat
£335K	11/22	0.38 mi	201, Beavers Lane, Hounslow, Greater London TW4 6HG	-	-	2	Flat
£292K	04/23	0.46 mi	238, Beavers Lane, Hounslow, Greater London TW4 6HQ	-	-	2	Flat
£310K	04/23	0.47 mi	3, Cranston Close, Hounslow, Greater London TW3 3DQ	£4,065	76	2	Flat
£300K	07/22	0.48 mi	Flat 5, Harrier Court, Siddeley Drive, Hounslow, Greater London TW4 7DL	-	-	2	Flat
£250K	06/21	0.5 mi	49, Norman Crescent, Hounslow, Greater London TW5 9JR	£3,378	74	2	Flat
£273K	06/21	0.52 mi	9, Cranston Close, Hounslow, Greater London TW3 3DQ	£4,136	66	2	Flat
£336K	11/22	0.55 mi	35, Blackberry Farm Close, Hounslow, Greater London TW5 9EH	-	-	2	Flat
£290K	05/21	0.55 mi	24, Lichfield Road, Hounslow, Greater London TW4 6HS	£4,265	68	2	Flat
£312.5K	12/20	0.57 mi	38, Lichfield Road, Hounslow, Greater London TW4 6HS	£4,650	67	2	Flat
£312.5K	12/20	0.57 mi	38, Lichfield Road, Hounslow, Greater London TW4 6HS	£4,650	67	2	Flat
£245K	04/22	0.68 mi	130, Harlech Gardens, Hounslow, Greater London TW5 9PT	£3,889	63	2	Flat
£288K	02/23	0.69 mi	100, Harlech Gardens, Hounslow, Greater London TW5 9PS	£4,114	70	2	Flat
£293K	11/22	0.72 mi	35, Harlech Gardens, Hounslow, Greater London TW5 9PR	-	-	2	Flat
£185K	05/23	0.77 mi	Flat 9, Vicarage Farm Court, Vicarage Farm Road, Hounslow, Greater London TW5 0DR	-	-	2	Flat
£302.5K	03/21	0.82 mi	Flat 4, Fenton Court, St Giles Close, Hounslow, Greater London TW5 0AW	-	-	2	Flat
£162.5K	06/22	0.86 mi	Flat 26, Duett Court, St Giles Close, Hounslow, Greater London TW5 0AF	-	-	2	Flat
£267.5K	12/20	0.9 mi	11a, Islay Gardens, Hounslow, Greater London TW4 5DR	£5,498	49	2	Flat
£277K	09/21	0.91 mi	5, Islay Gardens, Hounslow, Greater London TW4 5DR	£5,653	49	2	Flat
£267.5K	12/20	0.91 mi	11a, Islay Gardens, Hounslow, Greater London TW4 5DR	£5,498	49	2	Flat
£268K	12/21	0.93 mi	13, Old Park Mews, Hounslow, Greater London TW5 0QD	£5,154	52	2	Flat
£296.5K	11/22	0.94 mi	10, Old Park Mews, Hounslow, Greater London TW5 0QD	£6,177	48	2	Flat
£250K	04/22	0.94 mi	47, Old Park Mews, Hounslow, Greater London TW5 0QF	£4,984	50	2	Flat
£270K	09/21	0.99 mi	51, Memorial Close, Hounslow, Greater London TW5 0LN	£4,500	60	2	Flat
£255K	12/23	0.99 mi	45, Memorial Close, Hounslow, Greater London TW5 0LN	£4,474	57	2	Flat
£270K	09/22	0.99 mi	20, Memorial Close, Hounslow, Greater London TW5 0LN	£4,355	62	2	Flat

Local Rents

20 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,700	12/24	0.08 mi	-	2	Flat
£1,850	04/25	0.11 mi	-	2	Flat
£1,800	02/25	0.11 mi	-	2	Flat
£1,800	01/25	0.13 mi	-	2	Flat
£2,000	04/25	0.14 mi	-	2	Flat
£1,450	12/24	0.14 mi	-	2	Flat
£2,000	12/24	0.22 mi	-	2	Flat
£2,000	02/25	0.22 mi	-	2	Flat
£2,300	04/25	0.25 mi	-	2	Semi-Detached House
£1,700	03/25	0.34 mi	-	2	Flat
£1,700	10/24	0.48 mi	Fusiliers Way, Hounslow, TW4	2	Flat
£1,700	10/24	0.48 mi	-	2	Flat
£1,650	10/24	0.51 mi	Regent Close, Hounslow, Middlesex, TW4	2	Flat
£1,800	03/25	0.51 mi	-	2	Semi-Detached House
£1,850	04/25	0.51 mi	-	2	Semi-Detached House
£1,675	03/25	0.53 mi	-	2	Bungalow
£1,650	10/24	0.53 mi	Ravensdale Gardens, Hounslow, Middlesex, TW4	2	Flat
£1,850	03/25	0.55 mi	-	2	Flat
£1,750	04/25	0.58 mi	-	2	Flat
£1,700	11/24	0.59 mi	-	2	Flat

Local Area Statistics

Population in TW5	29,19629,196
Population in Hounslow	96,66696,666
Town centre distance	0.73 miles away0.73 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+53%+53%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+46%+46%

Property History

Listed for £280,000

December 9, 2024

Description

Full Double Glazing +

GREAT INVESTMENT OPPORTUNITY! This TWO bedroom flat is positioned close to public transport and road connections. Positioned on Bath Road this property is ideal for the commuter looking for transport links into London or Heathrow, whilst travel by car is supported by popular roads such as A4/M4/A30/M25. The property boasts great dimensions throughout comprising large bright and airy living room, two spacious bedrooms, kitchen, family bathroom and ample storage space. Long Lease - 176 years.

This property is positioned to enjoy the many amenities Hounslow has to offer. Hounslow West Station is a short walk away offering ease of travel to London, whilst an array of shopping facilities including restaurants, cafes, supermarkets etc are all within the vicinity.

* TWO DOUBLE BEDROOMS * SECOND FLOOR FLAT * NO CHAIN * SHORT WALK TO HOUNSLOW WEST STATION *LEASE - 176 YEARS REMAINING

Agent Details

Landmark Property Services, Hounslow

020 4538 4667

Next Steps?

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

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