2 Bed Flat, Single Let, Egham, TW20 8XF, £265,000

Mead Court, Egham, Surrey, TW20 8XF - 2 months ago

Sold STC

Leasehold

BTL

ROI: 5%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£140K - £425K
Sold Prices/m²	£3.5K/m² - £8.5K/m²

Square Metres	~68.11 m²
Price/m²	£3.9K/m²
Value Estimate	£312,172£312,172
BMV	18%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£66,250£66,250
Stamp Duty & Legal Fees	£9,900£9,900
Total Cash In	£76,150£76,150

Cash Out
Rent Range	£1,350 - £3,395£1,350 - £3,395
Rent Estimate	£1,438
Running Costs/mo	£1,136£1,136
Cashflow/mo	£302£302
Cashflow/yr	£3,627£3,627
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

34 sold prices from £140K to £425K, average is £279.5K. £3.5K/m² to £8.5K/m², average is £4.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£262.5K	10/23	0 mi	6, Mead Court, Egham, Surrey TW20 8XF	£4,773	55	2	Flat
£265K	12/20	0.01 mi	5, Mead Court, Egham, Surrey TW20 8XF	£4,818	55	2	Flat
£252K	03/21	0.01 mi	6, Mead Court, Egham, Surrey TW20 8XF	£4,582	55	2	Flat
£330K	04/21	0.44 mi	4, Old School Mews, Staines, Surrey TW18 3HX	£3,750	88	2	Flat
£285K	11/23	0.45 mi	Flat 4, Pegasus Court, Albany Place, Egham, Surrey TW20 9HW	-	-	2	Flat
£210K	09/23	0.45 mi	Flat 29, Pegasus Court, Albany Place, Egham, Surrey TW20 9HW	-	-	2	Flat
£267K	06/21	0.48 mi	Flat 3, Gallery Court, Vicarage Road, Egham, Surrey TW20 9GH	-	-	2	Flat
£350K	11/23	0.49 mi	Flat 13, Manor Court, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT	-	-	2	Flat
£360K	11/23	0.49 mi	Manor Court, Flat 21, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT	£3,956	91	2	Flat
£230K	06/21	0.49 mi	Flat 14, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT	-	-	2	Flat
£285K	03/21	0.49 mi	Flat 13, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT	-	-	2	Flat
£302.5K	10/20	0.52 mi	Flat 22, Albany Court, Albany Place, Egham, Surrey TW20 9GP	-	-	2	Flat
£300K	06/21	0.52 mi	Flat 18, Albany Court, Albany Place, Egham, Surrey TW20 9GP	-	-	2	Flat
£290K	04/21	0.52 mi	7a, Woodhaw, Egham, Surrey TW20 9AP	£4,531	64	2	Flat
£415K	12/22	0.54 mi	70, Grove Court, Egham, Surrey TW20 9PZ	£6,148	68	2	Flat
£255K	06/21	0.56 mi	Flat 19, Henley Court, Denham Road, Egham, Surrey TW20 9DZ	-	-	2	Flat
£225K	06/21	0.56 mi	16, Runnymede Court, Egham, Surrey TW20 9AA	£3,462	65	2	Flat
£290K	06/21	0.59 mi	1, Cedar Court, Egham, Surrey TW20 9DB	£4,915	59	2	Flat
£305K	10/22	0.59 mi	9, Cedar Court, Egham, Surrey TW20 9DB	£5,865	52	2	Flat
£258K	05/23	0.59 mi	18, Cedar Court, Egham, Surrey TW20 9DB	£4,373	59	2	Flat
£270K	05/21	0.59 mi	8, Cedar Court, Egham, Surrey TW20 9DB	£4,561	59	2	Flat
£270.5K	10/21	0.59 mi	16, Cedar Court, Egham, Surrey TW20 9DB	£4,585	59	2	Flat
£274K	01/24	0.64 mi	Tudor Court, Flat 10, Church Road, Egham, Surrey TW20 9HZ	£3,971	69	2	Flat
£245K	06/21	0.64 mi	Flat 7, Tudor Court, Church Road, Egham, Surrey TW20 9HZ	-	-	2	Flat
£285K	04/23	0.79 mi	4, The Fernery, Staines-upon-thames, Surrey TW18 3JJ	£5,182	55	2	Flat
£312K	02/21	0.79 mi	7, The Fernery, Staines-upon-thames, Surrey TW18 3JJ	£5,571	56	2	Flat
£340K	07/23	0.82 mi	11, Simmons Place, Staines-upon-thames, Surrey TW18 3HW	£5,763	59	2	Flat
£335K	06/21	0.82 mi	7, Simmons Place, Staines, Surrey TW18 3HW	£8,503	39	2	Flat
£425K	04/21	0.82 mi	Flat 56, Thames Edge Court, Clarence Street, Staines, Surrey TW18 4BU	-	-	2	Flat
£360K	04/23	0.84 mi	30d, Riverside Drive, Staines-upon-thames, Surrey TW18 3JN	£4,492	80	2	Flat
£140K	02/21	0.86 mi	Flat 27, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£145K	03/21	0.86 mi	Flat 42, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£235K	08/23	0.86 mi	Flat 4, Fairhaven Court, Fairhaven, Egham, Surrey TW20 9DH	-	-	2	Flat
£260K	11/22	0.98 mi	12, Wraysbury Gardens, Staines-upon-thames, Surrey TW18 4US	-	-	2	Flat

Local Rents

35 rents from £1.4K/mo to £3.4K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,395	10/24	0 mi	-	2	Flat
£1,450	10/24	0 mi	-	2	Flat
£2,499	10/24	0 mi	-	2	Flat
£1,600	11/24	0 mi	-	2	Flat
£1,750	10/24	0.28 mi	-	2	Semi-Detached House
£1,400	10/24	0.28 mi	Hythe Park Road, Egham, Surrey, TW20	2	Flat
£1,700	10/24	0.39 mi	-	2	Semi-Detached House
£1,600	10/24	0.4 mi	Wesley Drive, Egham, Surrey, TW20	2	Terraced House
£1,500	10/24	0.4 mi	, Egham, Surrey, TW20	2	Terraced House
£1,495	10/24	0.47 mi	-	2	Flat
£1,350	03/25	0.47 mi	-	2	Flat
£1,500	10/24	0.47 mi	Tudor Court, Church Road, Egham, Surrey, TW20	2	Flat
£1,750	10/24	0.49 mi	-	2	Terraced House
£1,500	10/24	0.49 mi	Thorpe Road, Staines-upon-Thames, Surrey, TW18	2	Flat
£1,800	10/24	0.51 mi	Egham, Surrey, TW20	2	Flat
£3,000	10/24	0.52 mi	-	2	Detached House
£3,000	10/24	0.52 mi	-	2	Detached House
£1,600	10/24	0.53 mi	The Avenue, Egham, Surrey, TW20	2	Terraced House
£1,450	10/24	0.55 mi	Henley Court, Denham Road, Egham, Surrey, TW20	2	Flat
£1,650	10/24	0.56 mi	Clandon Avenue, Egham, Surrey, TW20	2	Terraced House
£1,750	10/24	0.56 mi	Denham Road, Egham, Surrey, TW20	2	Flat
£1,795	10/24	0.56 mi	Egham, Surrey, TW20	2	Flat
£1,650	10/24	0.57 mi	Runnymede Court, Egham, TW20	2	Terraced House
£1,650	10/24	0.57 mi	-	2	Terraced House
£1,550	03/25	0.59 mi	-	2	Flat
£1,625	10/24	0.59 mi	-	2	Flat
£1,625	12/23	0.59 mi	-	2	Flat
£1,550	02/25	0.59 mi	-	2	Flat
£1,550	02/24	0.59 mi	-	2	Flat
£1,650	10/24	0.59 mi	-	2	Flat
£1,350	10/24	0.6 mi	School Lane, Egham, Surrey, TW20 9GF, TW20	2	Flat
£1,700	10/24	0.61 mi	Church Road, Egham, Surrey, TW20	2	Flat
£1,800	10/24	0.62 mi	Church Road, Egham, Surrey, TW20	2	Flat
£1,500	02/24	0.62 mi	-	2	Flat
£1,500	02/25	0.62 mi	-	2	Flat

Local Area Statistics

Population in TW20	24,53624,536
Population in Egham	24,93124,931
Town centre distance	0.85 miles away0.85 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.63 miles away0.63 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-32%-32%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £265,000

January 25, 2025

Floor Plans

Description

Great condition +
Long lease +
Gas central heating +
Low service charges +
Well located +
Two double bedrooms +

This first floor, two bedroom apartment with gas central heating is offered for sale in Egham offered with a long year lease, service charges at well under £1000 per year and no onward chain.

The property is well-presented throughout and comprises a large lounge/diner, modern kitchen, main bedroom with fitted wardrobes, a second double bedroom and a bathroom. Also benefiting from communal parking, gas central heating and a long lease.

Located only a short walk away from central Egham that benefits from a plethora of shops, bars and restaurants. Egham also benefits from its mainline railway station with direct links to central London.

Agent Details

Stirling Ackroyd Sales, Egham

01784 779751

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents