2 Bed Terraced House, Refurb/BRRR, Hayes, UB4 8RL, £460,000

Lansbury Drive, Hayes, UB4 8RL - 3 months ago

Refurb/BRRR
ROI: 1%
~52 m²
+3 photos

ValuationOvervalued

Sold Prices£205K - £510K
Sold Prices/m²£3.8K/m² - £12.6K/m²

 

 

Square Metres

~52.40 m²
Price/m²£8.8K/m²

Value Estimate

£297,078

 

 

End Value (After Refurb)

£430,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£115,000

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£27,658

Bridging Loan Interest

£12,075

Total Cash In

£191,183

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£430,000

Mortgage (After Refinance)

£322,500

Mortgage LTV

75%

Cash Left In

£191,183

Equity

£107,500

Rent Range

£1,500 - £3,200

Rent Estimate

£1,883

Running Costs/mo

£1,740

Cashflow/mo

£143

Cashflow/yr

£1,712

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £205K to £510K, average is £374K. £3.8K/m² to £12.6K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£335K04/210.06 mi17, Regents Close, Hayes, Greater London UB4 8JY2
£390K04/240.06 mi23, Regents Close, Hayes, Greater London UB4 8JY2
£372.5K03/230.06 mi8, Woodstock Gardens, Hayes, Greater London UB4 8BB2
£379K08/220.06 mi71, Woodstock Gardens, Hayes, Greater London UB4 8BA2
£356K03/210.06 mi19, Woodstock Gardens, Hayes, Greater London UB4 8BA2
£375K07/230.06 mi23, Woodstock Gardens, Hayes, Greater London UB4 8BA2
£399K03/240.06 mi41, Woodstock Gardens, Hayes, Greater London UB4 8BA2
£273.4K05/240.07 mi104, Woodstock Gardens, Hayes, Greater London UB4 8BB2
£405K10/220.1 mi68, Whittington Avenue, Hayes, Greater London UB4 0AD2
£360K12/210.13 mi21, Woodrow Avenue, Hayes, Greater London UB4 8QJ2
£365K05/210.13 mi8, Woodrow Avenue, Hayes, Greater London UB4 8QJ2
£360K01/210.13 mi10, Woodrow Avenue, Hayes, Greater London UB4 8QJ2
£400K12/220.13 mi28, Woodrow Avenue, Hayes, Greater London UB4 8QJ2
£415K11/230.13 mi15, Woodrow Avenue, Hayes, Greater London UB4 8QJ2
£435K08/230.15 mi79, Lansbury Drive, Hayes, Greater London UB4 8RW2
£365K11/210.17 mi106, Whittington Avenue, Hayes, Greater London UB4 0AE2
£495K06/210.2 mi31, Park Road, Hayes, Greater London UB4 8JN2
£510K10/230.2 mi22, Park Road, Hayes, Greater London UB4 8JN2
£450K03/210.2 mi16, Westacott, Hayes, Greater London UB4 8AQ2
£380K03/210.22 mi263, Balmoral Drive, Hayes, Greater London UB4 8DQ2
£335K03/210.23 mi120, Lansbury Drive, Hayes, Greater London UB4 8SE2
£340K06/230.26 mi1, Haven Close, Hayes, Greater London UB4 8AW2
£300K06/210.26 mi23, Marshall Drive, Hayes, Greater London UB4 0SN2
£325K04/210.29 mi146, Balmoral Drive, Hayes, Greater London UB4 0BZ2
£440K11/230.3 mi100, Woodrow Avenue, Hayes, Greater London UB4 8QW2
£365K10/200.3 mi106, Woodrow Avenue, Hayes, Greater London UB4 8QW2
£360K06/210.3 mi119, Woodrow Avenue, Hayes, Greater London UB4 8QW2
£365K06/210.3 mi75, Woodrow Avenue, Hayes, Greater London UB4 8QW2
£270K11/220.33 mi50, Wood End Green Road, Hayes, Greater London UB3 2SJ2
£357K02/210.36 mi43, Rosedale Avenue, Hayes, Greater London UB3 2RG2
£479K09/220.38 mi128, Woodrow Avenue, Hayes, Greater London UB4 8QP2
£355K01/210.38 mi126, Woodrow Avenue, Hayes, Greater London UB4 8QP2
£398K12/220.39 mi10, Fairholme Crescent, Hayes, Greater London UB4 8QS2
£360K03/210.39 mi9, Fairholme Crescent, Hayes, Greater London UB4 8QS2
£390K02/230.41 mi16, Rosedale Avenue, Hayes, Greater London UB3 2RG2
£390K02/240.41 mi9, Rosedale Avenue, Hayes, Greater London UB3 2RG2
£360K03/210.42 mi89, Warwick Crescent, Hayes, Greater London UB4 8RQ2
£430K07/230.42 mi79, Warwick Crescent, Hayes, Greater London UB4 8RQ2
£410K10/220.43 mi16a, South Walk, Hayes, Greater London UB3 2RF2
£345K05/210.43 mi20, South Walk, Hayes, Greater London UB3 2RF2
£430K12/230.44 mi58, Chaucer Avenue, Hayes, Greater London UB4 0AR2
£340K12/200.45 mi37, Fairholme Crescent, Hayes, Greater London UB4 8QT2
£390K12/200.45 mi3, South Walk, Hayes, Greater London UB3 2RE2
£385K12/220.45 mi249, Lansbury Drive, Hayes, Greater London UB4 8RT2
£417K03/240.45 mi235, Lansbury Drive, Hayes, Greater London UB4 8RT2
£407.5K01/230.45 mi75, Wood End Green Road, Hayes, Greater London UB3 2SG2
£205K08/230.46 mi53, Botwell Crescent, Hayes, Greater London UB3 2BD2
£365K09/210.47 mi4, Dawson Close, Hayes, Greater London UB3 2RH2
£373K04/230.47 mi12, Dawson Close, Hayes, Greater London UB3 2RH2
£450K06/210.47 mi14, Warley Avenue, Hayes, Greater London UB4 0QZ2

Local Rents

40 rents from £1.5K/mo to £3.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,90003/250.07 mi-2
£1,90003/250.07 mi-2
£1,60002/250.08 mi-2
£1,70010/240.11 miGeorge Court, Hayes, UB32
£1,70010/240.11 mi-2
£2,95001/250.22 mi-2
£3,20003/250.22 mi-2
£2,19503/250.22 mi-2
£1,75003/250.24 mi-2
£1,75011/240.25 mi-2
£1,70012/240.31 mi-2
£1,70012/240.31 mi-2
£1,75012/240.32 mi-2
£1,75012/240.32 mi-2
£2,00003/250.33 mi-2
£1,70010/240.38 mi-2
£1,90003/250.38 mi-2
£1,85010/240.39 miFairholme Crescent, Hayes, Middlesex, UB42
£1,80012/240.4 mi-2
£1,80012/240.44 mi-2
£1,60010/240.47 miSpringfield House, Hayes End Road, Hayes2
£1,75002/250.47 mi-2
£1,80010/240.49 mi-2
£1,52510/240.49 miLink House, Hayes2
£2,50002/240.5 mi-2
£1,90002/250.52 mi-2
£1,50012/240.54 mi-2
£1,65010/240.54 miKingshill Avenue, Hayes, Middlesex, UB4 8BX2
£1,75002/250.55 mi-2
£1,75002/240.57 mi-2
£2,00001/250.57 mi-2
£1,95002/250.57 mi-2
£1,80010/240.58 miBradenham Road, Hayes, Middlesex, UB42
£1,85001/250.59 mi-2
£1,65009/240.59 mi-2
£2,20012/240.59 mi-2
£2,00001/250.59 mi-2
£1,75010/240.59 miHayes2
£1,85011/240.6 mi-2
£1,65011/240.6 mi-2

Local Area Statistics

Population in UB4

39,573

Population in Hayes

88,047

Town centre distance

0.93 miles away

Nearest school

0.30 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £460,000

December 10, 2024

Floor Plans

Description

  • Spacious & Versatile: 2 double bedrooms, reception room, fully fitted kitchen. +
  • Great Potential: Opportunity to update, extend, and develop (STPP). +
  • Driveway: Off-street parking for 2 cars. +
  • Prime Location: Easy access to Uxbridge Road, M40, Heathrow, and Central London. +
  • Convenient Transport: Close to Hayes Station (Crossrail) and retail parks. +
  • Call NOW for further details, viewings available +

Excellent 2-Bedroom Home with Driveway and Huge Potential
Situated in the sought-after area of Hayes UB4, this spacious 2-bedroom property offers incredible value and potential for first-time buyers, commuters, and investors. The ground floor features a large reception room, a fully fitted kitchen, and a bathroom. Upstairs, you'll find two generous double bedrooms, perfect for creating your ideal living space. The property also boasts a driveway with space for two cars.

In need of some updating, this home offers a brilliant opportunity to extend and develop (STPP) and maximize its full potential. Ideally located with easy access to Uxbridge Road, the M40, Heathrow, and Central London, it's also just a short distance from Hayes Station (Crossrail) and nearby retail parks.

An unmissable opportunity in a prime location - act fast!

Agent Details

Hiltons Estates, Broadway Southall

020 8129 6043

Next Steps?

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