2 Bed Terraced House, Refurb/BRRR, Hayes, UB3 1RD, £425,000

7 Clevedon Gardens, Hayes, Middlesex, UB3 1RD - 1 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£275K - £515K
Sold Prices/m²£3.5K/m² - £8.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£375,505

 

 

End Value (After Refurb)

£392,591

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£35,951

Bridging Loan Interest

£11,156

Total Cash In

£177,807

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£392,591

Mortgage (After Refinance)

£294,443

Mortgage LTV

75%

Cash Left In

£177,807

Equity

£98,148

Rent Range

£1,400 - £2,250

Rent Estimate

£1,863

Running Costs/mo

£1,619

Cashflow/mo

£244

Cashflow/yr

£2,923

ROI

2%

Gross Yield

5%

Local Sold Prices

47 sold prices from £275K to £515K, average is £395K. £3.5K/m² to £8.3K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£410K03/230.01 mi15, Clevedon Gardens, Hayes, Greater London UB3 1RD2
£375K06/210.03 mi25, Clevedon Gardens, Hayes, Greater London UB3 1RD2
£360K06/210.07 mi33, Burnham Gardens, Hayes, Greater London UB3 1RB2
£400K01/230.07 mi45, Burnham Gardens, Hayes, Greater London UB3 1RB2
£325K12/200.07 mi43, Burnham Gardens, Hayes, Greater London UB3 1RB2
£375K10/220.08 mi35, Burnham Gardens, Hayes, Greater London UB3 1RB2
£360K03/210.32 mi41, Elers Road, Hayes, Greater London UB3 1NZ2
£420K12/220.36 mi58, Pinkwell Avenue, Hayes, Greater London UB3 1NH2
£420K07/230.4 mi54, Pinkwell Avenue, Hayes, Greater London UB3 1NQ2
£400K09/230.4 mi9, Woodhouse Close, Hayes, Greater London UB3 1NJ2
£363K02/210.44 mi9, Oakington Avenue, Hayes, Greater London UB3 4AQ2
£440K05/230.48 mi15, Rutland Road, Hayes, Greater London UB3 4AG2
£450K05/230.48 mi22, Dawley Road, Hayes, Greater London UB3 1NA2
£480K02/230.48 mi15, Waverley Close, Hayes, Greater London UB3 4AJ2
£452K12/220.49 mi13, Rutland Road, Hayes, Greater London UB3 4AG2
£350K03/210.54 mi20, Repton Avenue, Hayes, Greater London UB3 4AF2
£355K12/200.55 mi37, Repton Avenue, Hayes, Greater London UB3 4AF2
£351K05/210.55 mi46, Shepiston Lane, Hayes, Greater London UB3 1LW2
£330K02/210.66 mi72, Woolacombe Way, Hayes, Greater London UB3 4EX2
£395K10/200.66 mi64, Fairey Avenue, Hayes, Greater London UB3 4NZ2
£336K06/210.69 mi20, Rostrevor Gardens, Hayes, Greater London UB3 1AH2
£420K01/240.69 mi18, Rostrevor Gardens, Hayes, Greater London UB3 1AH2
£385K05/210.73 mi5, Golden Crescent, Hayes, Greater London UB3 1AQ2
£430K09/230.73 mi50, Briar Way, West Drayton, Greater London UB7 9AS2
£385K05/230.73 mi22, Savoy Avenue, Hayes, Greater London UB3 4HF2
£405K12/220.74 mi10, Savoy Avenue, Hayes, Greater London UB3 4HE2
£330K03/210.75 mi30, Savoy Avenue, Hayes, Greater London UB3 4HF2
£367K10/210.8 mi112a, Cleave Avenue, Hayes, Greater London UB3 4HB2
£435K01/230.81 mi6, Botwell Common Road, Hayes, Greater London UB3 1JA2
£385K10/220.81 mi104, High Street, Harlington, Hayes, Greater London UB3 5AD2
£515K03/230.81 mi13, Princes Park Circle, Hayes, Greater London UB3 1JZ2
£382K06/230.82 mi37, Badgers Close, Hayes, Greater London UB3 1LQ2
£425K07/230.84 mi10, Beechwood Avenue, Hayes, Greater London UB3 1JN2
£473K09/230.84 mi12, Beechwood Avenue, Hayes, Greater London UB3 1JN2
£455K05/230.84 mi23, Beechwood Avenue, Hayes, Greater London UB3 1JN2
£345K12/200.86 mi29, Victoria Lane, Harlington, Hayes, Greater London UB3 5EW2
£395K02/210.87 mi55, Lime Grove, Hayes, Greater London UB3 1JL2
£340K03/210.88 mi25, Bletchmore Close, Harlington, Hayes, Greater London UB3 5EX2
£303.5K03/230.88 mi49, Bletchmore Close, Harlington, Hayes, Greater London UB3 5EX2
£425K03/230.89 mi8c, Rutters Close, West Drayton, Greater London UB7 9AL2
£450K01/230.9 mi48, Blackthorn Avenue, West Drayton, Greater London UB7 9EX2
£330K10/210.94 mi8, Kiln Close, Harlington, Hayes, Greater London UB3 5DZ2
£407.5K06/210.97 mi60, Beechwood Avenue, Hayes, Greater London UB3 1JP2
£275K11/200.97 mi85, Juniper Way, Hayes, Greater London UB3 1LF2
£405K11/220.99 mi45, Willenhall Drive, Hayes, Greater London UB3 2UU2
£355K03/210.99 mi43, Willenhall Drive, Hayes, Greater London UB3 2UU2
£420K12/230.99 mi41, Willenhall Drive, Hayes, Greater London UB3 2UU2

Local Rents

12 rents from £1.4K/mo to £2.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.08 mi-2
£2,25010/240.44 miChailey Place, London, UB32
£2,25010/240.44 miChailey Place, London, UB32
£1,55012/240.44 mi-2
£2,05010/240.49 miBoiler House, Material Walk, Hayes, Greater London, UB32
£1,90010/240.52 miMachine Works House, Pressing Lane, Hayes, UB32
£1,85010/240.58 mi-2
£1,89512/240.58 mi-2
£1,40010/240.59 miShepiston Lane, Hayes, UB32
£1,40010/240.59 mi-2
£1,40003/250.59 mi-2
£2,20010/240.61 miBlyth Road, HAYES2

Local Area Statistics

Population in UB3

48,474

Population in Hayes

88,047

Town centre distance

1.06 miles away

Nearest school

0.40 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £425,000

December 11, 2024

Floor Plans

Description

  • Extended Mid-Terraced House +
  • Two Double Bedrooms +
  • Living Room With Bay Window +
  • Fitted Kitchen +
  • Upstairs Bathroom +
  • Private Rear Garden +
  • Driveway +
  • No Chain +

An extended two bedroom mid-terraced house which is in need of modernisation and is sold with no onward chain complications - EPC E

DESCRIPTION
Situated in popular 'Clevedon Gardens' this extended two bedroom mid-terraced house is the perfect blank canvas with an opportunity for a purchaser to stamp their own mark and has no onward chain complications. The ground floor accommodation comprises an entrance hallway with storage, extended, dual aspect living room with attractive bay window, galley style fitted kitchen with a range of wall and floor cupboard units and an additional lean to with a door leading to the rear garden. Stairs from the hallway lead to the first floor landing where you will find a large principal bedroom with fitted wardrobes, second bedroom also with fitted wardrobes and a family bathroom.

OUTSIDE
Front: A dropped kerb provides access to a gravel driveway with a low level fence to the boundary.
Rear: A raised paved patio to both the front and rear of the garden creating the perfect spaces for entertaining in the summer months. A concrete pathway connects the patios with the balance mainly laid to lawn with additional shrubbery and a garden shed.

LOCATION
Bus routes and a local school are just a short walk. The town centre of Hayes (with mainline railway station which benefits from The Elizabeth Line), Uxbridge town centre, Stockley Business Park, London Heathrow Airport and the motorway network are all within easy motoring distance.

Heating & Hot Water - A gas fired back boiler serves the radiator system and provides the domestic hot water. Electric immersion heater in hot water cylinder.

Windows - Mainly double glazing.

Council Tax Band - We understand that the current council tax band is D.

Services - Mains gas. electricity, water and drainage.

Tenure - Freehold.

Viewings - Strictly by appointment with R Whitley & Co.

Agent Details

R Whitley & Co, West Drayton

01895 542602

Next Steps?

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