2 Bed Flat, Refurb/BRRR, Feltham, TW14 8BY, £195,000

267 Wooldridge Close, Bedfont, Feltham, TW14 8BY - 4 views - 4 months ago

Leasehold

Cash

Refurb/BRRR

ROI: 7%

57 m²

+5 photos

ValuationFair Value

Sold Prices	£80K - £347K
Sold Prices/m²	£1.5K/m² - £6.1K/m²

Square Metres	57 m²
Price/m²	£3.4K/m²
Value Estimate	£195,000£195,000

End Value (After Refurb)	£288,977£288,977
Uplift in Value	+48%+48%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£48,750£48,750
Stamp Duty & Legal Fees	£7,050£7,050
Refurb Costs	£30,155£30,155
Bridging Loan Interest	£5,119£5,119
Total Cash In	£92,824£92,824

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£288,977£288,977
Agent Fees (1%)	£2,890£2,890
Bridging Loan	£146,250£146,250
Bridging Loan Interest	£5,119£5,119
Flip Profit	£47,013£47,013

Local Sold Prices

27 sold prices from £80K to £347K, average is £268.5K. £1.5K/m² to £6.1K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£145.8K	08/23	0.02 mi	197, Wooldridge Close, Feltham, Greater London TW14 8BJ	£2,558	57	2	Flat
£260K	10/22	0.05 mi	44, Wooldridge Close, Feltham, Greater London TW14 8BF	£4,063	64	2	Flat
£268.5K	08/22	0.06 mi	39, Wooldridge Close, Feltham, Greater London TW14 8BF	£4,587	59	2	Flat
£285K	02/23	0.06 mi	161, Wooldridge Close, Feltham, Greater London TW14 8BH	£4,831	59	2	Flat
£80K	08/21	0.44 mi	24, Padbury Close, Bedfont, Feltham, Greater London TW14 8SW	£1,500	53	2	Flat
£347K	11/22	0.49 mi	60, Kilross Road, Feltham, Greater London TW14 8SA	£5,983	58	2	Flat
£280K	07/22	0.57 mi	185, Bedfont Close, Feltham, Greater London TW14 8LQ	£4,912	57	2	Flat
£215K	03/21	0.62 mi	424a, Staines Road, Feltham, Greater London TW14 8BS	£3,090	70	2	Flat
£267.5K	11/21	0.65 mi	Flat 16, Edith Court, New Road, Bedfont, Feltham, Greater London TW14 8HF	-	-	2	Flat
£260K	08/22	0.72 mi	36, Oak Way, Feltham, Greater London TW14 8AS	£4,643	56	2	Flat
£275K	02/21	0.74 mi	24, Peninsular Close, Feltham, Greater London TW14 9SS	£4,741	58	2	Flat
£323K	08/23	0.74 mi	21, Peninsular Close, Feltham, Greater London TW14 9SS	£5,981	54	2	Flat
£295K	08/23	0.76 mi	71, Oak Way, Feltham, Greater London TW14 8AT	£5,175	57	2	Flat
£285K	02/21	0.76 mi	73, Oak Way, Feltham, Greater London TW14 8AT	£6,064	47	2	Flat
£325K	12/22	0.79 mi	10, The Gardens, Feltham, Greater London TW14 9PW	-	-	2	Flat
£287.5K	06/21	0.8 mi	184, Hatton Road, Feltham, Greater London TW14 9PY	£5,227	55	2	Flat
£320K	11/22	0.82 mi	321a, Bedfont Lane, Feltham, Greater London TW14 9SB	£3,478	92	2	Flat
£240K	03/21	0.84 mi	190, Redford Close, Feltham, Greater London TW13 4TF	£4,800	50	2	Flat
£240K	01/21	0.84 mi	193, Redford Close, Feltham, Greater London TW13 4TF	£6,000	40	2	Flat
£246K	11/22	0.85 mi	155, Redford Close, Feltham, Greater London TW13 4TE	-	-	2	Flat
£258K	08/21	0.86 mi	421, Staines Road, Feltham, Greater London TW14 9HA	£3,909	66	2	Flat
£285K	12/22	0.87 mi	368, Redford Close, Feltham, Greater London TW13 4TL	-	-	2	Flat
£250K	07/21	0.88 mi	294, Redford Close, Feltham, Greater London TW13 4TH	£4,808	52	2	Flat
£232K	11/20	0.89 mi	423, Redford Close, Feltham, Greater London TW13 4TN	£3,932	59	2	Flat
£315K	08/23	0.89 mi	9c, Reedsfield Road, Ashford, Surrey TW15 2HE	£5,000	63	2	Flat
£300K	06/21	0.89 mi	9b, Reedsfield Road, Ashford, Surrey TW15 2HE	£4,839	62	2	Flat
£220K	10/23	0.92 mi	23, The Clumps, Ashford, Greater London TW15 1AT	-	-	2	Flat

Local Rents

12 rents from £1.6K/mo to £2K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	12/24	0.04 mi	-	2	Flat
£1,850	11/24	0.05 mi	-	2	Flat
£1,850	12/24	0.05 mi	-	2	Flat
£1,800	04/25	0.06 mi	-	2	Flat
£1,900	10/24	0.18 mi	-	2	Flat
£2,000	11/24	0.18 mi	-	2	Flat
£1,600	12/24	0.33 mi	-	2	Flat
£1,650	10/24	0.43 mi	Loxwood Close, Bedfont	2	Detached House
£1,650	10/24	0.48 mi	Kilross Road, Bedfont	2	Terraced House
£1,950	11/24	0.56 mi	-	2	Terraced House
£1,700	04/25	0.57 mi	-	2	Flat
£1,650	01/25	0.57 mi	-	2	Flat

Local Area Statistics

Population in TW14	27,98027,980
Population in Feltham	64,10164,101
Town centre distance	1.49 miles away1.49 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.69 miles away0.69 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+23%+23%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £195,000

January 7, 2025

Floor Plans

Description

No chain +
82 Year lease +
Cash buyers only +
Private balcony +
Ideal investment +
EPC energy rating band C +

CASH BUYERS ONLY!

A good sized two double bedroom 1st floor modern apartment set in the popular Wooldridge Close development within easy access of Heathrow Airport, Bedfont Lakes and local amenities. Benefits include: security phone entry system, living room with access to a large private balcony, fitted kitchen, two double bedrooms and a family bathroom suite. Offered with no onward chain and modernisation is required. NB *all services/appliances have not and will not be tested*

Agent Details

S J Smith Estate Agents, Ashford

01784 770836

Next Steps?

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

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