3 Bed Flat, Single Let, Staines, TW18 4RL, £325,000

Robin Way, STAINES-UPON-THAMES, TW18 4RL - 2 views - 4 months ago

BTL

ROI: 4%

~93 m²

ValuationUndervalued

Sold Prices	£245K - £648K
Sold Prices/m²	£2.5K/m² - £6.9K/m²

Square Metres	~93 m²
Price/m²	£3.5K/m²
Value Estimate	£375,967£375,967
BMV	16%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£14,700£14,700
Total Cash In	£95,950£95,950

Cash Out
Rent Range	£800 - £3,000£800 - £3,000
Rent Estimate	£1,696
Running Costs/mo	£1,375£1,375
Cashflow/mo	£321£321
Cashflow/yr	£3,854£3,854
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

19 sold prices from £245K to £648K, average is £322.5K. £2.5K/m² to £6.9K/m², average is £4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£446K	08/23	0.03 mi	17, Robin Way, Staines-upon-thames, Surrey TW18 4RL	-	-	3	Flat
£292.5K	06/21	0.05 mi	177, Waters Drive, Staines, Surrey TW18 4RN	£4,179	70	3	Flat
£338K	04/23	0.06 mi	33, Lark Avenue, Staines-upon-thames, Surrey TW18 4RX	£4,447	76	3	Flat
£315K	11/22	0.07 mi	31, Kingfisher Drive, Staines-upon-thames, Surrey TW18 4RR	£4,500	70	3	Flat
£300K	11/23	0.07 mi	40, Waters Drive, Staines-upon-thames, Surrey TW18 4RJ	£4,286	70	3	Flat
£497.5K	02/21	1.17 mi	54, Wheatsheaf Lane, Staines, Surrey TW18 2PE	£6,633	75	3	Flat
£440K	10/20	1.32 mi	243, Kingston Road, Staines-upon-thames, Surrey TW18 1PA	£5,366	82	3	Flat
£315K	10/22	1.37 mi	72, Hengrove Crescent, Ashford, Surrey TW15 3DJ	£3,351	94	3	Flat
£322.5K	09/21	1.37 mi	6, Hengrove Crescent, Ashford, Surrey TW15 3DG	£4,031	80	3	Flat
£325K	01/23	1.55 mi	39, Foxglove Close, Stanwell, Staines-upon-thames, Surrey TW19 7UE	£3,693	88	3	Flat
£265K	03/21	1.59 mi	15, Diamedes Avenue, Stanwell, Staines, Surrey TW19 7JE	£3,442	77	3	Flat
£300K	03/23	1.69 mi	13, St Marys Avenue, Stanwell, Staines-upon-thames, Surrey TW19 7JA	£4,054	74	3	Flat
£245K	10/21	1.83 mi	1 Andover Court, Hannibal Road, Stanwell, Staines-upon-thames, Surrey TW19 7HQ	£2,500	98	3	Flat
£280K	01/21	2 mi	26a, Church Road, Ashford, Surrey TW15 2UY	£3,590	78	3	Flat
£630K	05/21	2.03 mi	119, Coppermill Road, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5NX	-	-	3	Flat
£287.5K	03/21	2.3 mi	14, Normanhurst, Ashford, Surrey TW15 2NX	£3,059	94	3	Flat
£648K	06/21	2.32 mi	29, Exeforde Avenue, Ashford, Surrey TW15 2EF	£6,894	94	3	Flat
£335K	09/21	2.48 mi	1a, Windsor Road, Wraysbury, Staines, Windsor And Maidenhead TW19 5DE	£3,681	91	3	Flat
£375K	05/23	2.91 mi	37, Dukes Close, Ashford, Surrey TW15 1BQ	-	-	3	Flat

Local Rents

10 rents from £800/mo to £3K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	03/25	0.06 mi	-	3	Terraced House
£1,700	10/24	0.08 mi	Waters Drive, Staines-Upon-Thames, Middlesex, TW18	3	Flat
£1,695	11/24	0.08 mi	-	3	Flat
£800	04/25	0.08 mi	-	3	Flat
£2,200	10/24	0.13 mi	-	3	Terraced House
£3,000	10/24	0.18 mi	Fairfield Avenue, Staines, Surrey, TW18	3	Flat
£3,000	10/24	0.18 mi	Kooky Staines, Fairfield Avenue, Staines, TW18	3	Flat
£2,200	04/25	0.38 mi	-	3	Terraced House
£2,500	01/24	0.52 mi	-	3	Semi-Detached House
£2,450	10/24	0.54 mi	London Road, Staines-upon-Thames, Surrey, TW18	3	Detached House

Local Area Statistics

Population in TW18	25,45825,458
Population in Staines	41,63841,638
Town centre distance	0.55 miles away0.55 miles away
Nearest school	0.70 miles away0.70 miles away
Nearest train station	0.51 miles away0.51 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+10%+10%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £325,000

December 21, 2024

Sold for £209,400

2012

Sold for £110,000

2002

Sold for £67,950

1996

Floor Plans

Description

IDEALLY LOCATED FOR TOWN CENTRE & MAINLINE TRAIN STATION +
GARAGE +
MODERN KITCHEN & BATHROOM +
SPACIOUS ROOMS THROUGHOUT +
SHARE OF FREEHOLD +

SHARE OF FREEHOLD | WELL PRESENTED AND SPACIOUS THREE BEDROOM APARTMENT IN SOUGHT AFTER DEVELOPMENT WITHIN MOMENTS OF TOWN CENTRE & STATION. The property benefits from a spacious lounge/diner with French doors to balcony, separate modern fitted kitchen, three well proportioned bedrooms, modern white bathroom suite and garage. No Onward Chain. Viewings Highly Recommended!

Agent Details

Gregory Brown, Staines

01784 918939

Next Steps?

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

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3 Bed Flat, Single Let, Staines, TW18 4RL, £325,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents