3 Bed Bungalow, Refurb/BRRR, Staines, TW18 2QR, £425,000

80 Knightsbridge Crescent, Staines-upon-Thames, Surrey, TW18 2QR - 2 views - 3 months ago

Sold STC
Refurb/BRRR
85 m²
+6 photos

ValuationFair Value

Sold Prices£360K - £712K
Sold Prices/m²£3.9K/m² - £10.7K/m²

 

 

Square Metres

85 m²
Price/m²£5K/m²

Value Estimate

£429,250

 

 

End Value (After Refurb)

£464,844

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£44,968

Bridging Loan Interest

£11,156

Total Cash In

£186,824

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£464,844

Mortgage (After Refinance)

£348,633

Mortgage LTV

75%

Cash Released

£29,883

Cash Left In

£156,941

Equity

£116,211

Rent Range

£1,590 - £4,500

Rent Estimate

£1,900

Running Costs/mo

£1,853

Cashflow/mo

£47

Cashflow/yr

£568

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £360K to £712K, average is £485K. £3.9K/m² to £10.7K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£542.5K06/210 mi48, Knightsbridge Crescent, Staines-upon-thames, Surrey TW18 2QR3
£640K06/210.01 mi52, Knightsbridge Crescent, Staines-upon-thames, Surrey TW18 2QR3
£405.5K06/210.04 mi99, Nursery Gardens, Staines, Surrey TW18 1EL3
£472.5K08/230.04 mi111, Nursery Gardens, Staines-upon-thames, Surrey TW18 1EL3
£402.5K06/210.09 mi60, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£382K11/200.09 mi62, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£390K11/200.09 mi40, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£510K05/230.09 mi38, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£525K06/210.1 mi186, Commercial Road, Staines, Surrey TW18 2QS3
£425K05/210.11 mi50, Parkside Place, Staines, Surrey TW18 2QZ3
£435K03/210.11 mi58, Nursery Gardens, Staines, Surrey TW18 1ET3
£425K04/210.12 mi27, The Glade, Staines, Surrey TW18 1ER3
£475K08/230.12 mi59, The Glade, Staines-upon-thames, Surrey TW18 1ER3
£500K04/210.13 mi99, Grosvenor Road, Staines-upon-thames, Surrey TW18 2RP3
£705K06/210.14 mi17, Grosvenor Road, Staines, Surrey TW18 2RN3
£582K11/200.15 mi7, Grosvenor Road, Staines, Surrey TW18 2RN3
£360K11/200.16 mi100, Worple Road, Staines-upon-thames, Surrey TW18 1EQ3
£405K04/210.16 mi172, Worple Road, Staines-upon-thames, Surrey TW18 1EQ3
£390K06/210.16 mi86, Worple Road, Staines-upon-thames, Surrey TW18 1EG3
£540K02/210.17 mi7, Homestead Road, Staines, Surrey TW18 2RD3
£545K03/230.17 mi17, Homestead Road, Staines-upon-thames, Surrey TW18 2RD3
£470K04/230.19 mi18, Commercial Road, Staines-upon-thames, Surrey TW18 2QL3
£490K12/200.19 mi66, Commercial Road, Staines-upon-thames, Surrey TW18 2QL3
£500K03/210.21 mi24, Gordon Close, Staines-upon-thames, Surrey TW18 1AR3
£490K12/200.22 mi26, Westbourne Road, Staines, Surrey TW18 1HF3
£430K06/210.22 mi22, Westbourne Road, Staines, Surrey TW18 1HF3
£475K10/200.22 mi55, Gordon Close, Staines-upon-thames, Surrey TW18 1AP3
£475K12/200.23 mi144, Laleham Road, Staines, Surrey TW18 2NX3
£430K06/210.23 mi22, Westbourne Road, Staines, Surrey TW18 1HF3
£547.5K12/220.26 mi20, Worple Road, Staines-upon-thames, Surrey TW18 1EA3
£712K12/220.26 mi236, Worple Road, Staines-upon-thames, Surrey TW18 1HE3
£480K09/210.27 mi74, Worple Avenue, Staines, Surrey TW18 1HX3
£400K03/210.27 mi2, Worple Avenue, Staines, Surrey TW18 1HX3
£507.3K03/210.27 mi32, Templedene Avenue, Staines, Surrey TW18 1LP3
£543K09/230.27 mi48, Templedene Avenue, Staines-upon-thames, Surrey TW18 1LP3
£455K02/230.27 mi48, Worple Avenue, Staines-upon-thames, Surrey TW18 1HX3
£392.5K01/210.3 mi5, Fairlawns Close, Staines-upon-thames, Surrey TW18 1BP3
£540K07/210.3 mi24, Cherry Tree Avenue, Staines, Surrey TW18 1JF3
£455K03/210.3 mi18, Cherry Tree Avenue, Staines-upon-thames, Surrey TW18 1JF3
£510K06/210.3 mi20, Hurstdene Avenue, Staines, Surrey TW18 1JQ3
£565K03/210.3 mi34, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£595K08/230.3 mi46, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£450K04/210.3 mi17, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LS3
£528K06/210.3 mi47, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LS3
£440K01/210.31 mi5, Hazel Grove, Staines-upon-thames, Surrey TW18 1JJ3
£380K05/210.31 mi39, Worple Avenue, Staines, Surrey TW18 1HY3
£490K06/210.31 mi8, Meadway, Staines-upon-thames, Surrey TW18 2PP3
£650K12/230.32 mi8, Carlyle Road, Staines-upon-thames, Surrey TW18 2PU3
£685K10/230.32 mi6, Carlyle Road, Staines-upon-thames, Surrey TW18 2PU3
£515K05/210.32 mi19, Ruskin Road, Staines, Surrey TW18 2PX3

Local Rents

13 rents from £1.6K/mo to £4.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,25003/250.16 mi-3
£2,30010/240.27 miWorple Avenue, Staines-upon-Thames, Surrey, TW183
£2,75010/240.27 mi-3
£2,40010/240.33 mi-3
£2,20011/240.33 mi-3
£2,57510/240.36 miPark Avenue, Staines-Upon-Thames, Middlesex, TW183
£2,25001/250.41 mi-3
£2,00010/240.42 mi-3
£2,20010/240.44 mi-3
£1,85010/240.46 miBrightside Avenue, TW183
£1,85010/240.46 miBrightside Avenue, Staines-upon-Thames, Surrey, TW183
£1,59010/240.49 miKenilworth Gardens, Staines-Upon-Thames, Surrey, TW183
£4,50010/240.62 miRiverside, Staines-Upon-Thames3

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.52 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £425,000

January 10, 2025

Floor Plans

Description

  • Highly desirable location +
  • Freehold +
  • Bungalow +
  • End of terrace +
  • Three bedrooms +
  • Ground floor shower room +
  • Off street parking +
  • Garage +
  • Potential rental income £1900 PCM +
  • 5.4% gross return +

Oasis are delighted to present this spacious three-bedroom end-of-terrace bungalow boasting a garage and off-street parking, located in a sought-after residential area. The home offers a private enclosed garden, perfect for outdoor entertainment. The interior comprises a bright and airy living/dining room, a kitchen with ample storage space, and three bedrooms. Situated in a peaceful neighbourhood, this home provides easy access to local amenities, schools, and transport links, making it an ideal choice for families or professionals. The home further benefits from gas central heating with a new boiler installed currently within warranty.
The property would let for £1900 per calendar month following some modernisation, offering a gross return of 5.4%

For further information and to arrange a viewing please contact the OASiS team.

The property is situated in a sought after location, close distance to Staines upon Thames town centre and Staines railway station, with easy access to the River Thames and its walks. Staines upon Thames is a prosperous riverside market town and, with London being close, Staines upon Thames is a commuter haven with immediate access onto the motorway network via the M25 and M3. Heathrow Airport is a short distance away and with frequent train services to Waterloo, with a journey time of around 30 minutes, this makes the area popular for potential buyers. Staines upon Thames has a pedestrianised High Street, with an extended range of shops and facilities.

Agent Details

Oasis Estate Agents, Staines-upon-Thames

01784 918983

Next Steps?

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