2 Bed Flat, Single Let, Hayes, UB3 2BH, £285,000

Evergreen Way, Hayes, UB3 2BH - 2 views - 2 months ago

Leasehold

BTL

ROI: 6%

~68 m²

+4 photos

ValuationUndervalued

Sold Prices	£167K - £455K
Sold Prices/m²	£3.1K/m² - £6.6K/m²

Square Metres	~68.11 m²
Price/m²	£4.2K/m²
Value Estimate	£304,466£304,466
BMV	7%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£71,250£71,250
Stamp Duty & Legal Fees	£11,500£11,500
Total Cash In	£82,750£82,750

Cash Out
Rent Range	£1,450 - £2,500£1,450 - £2,500
Rent Estimate	£1,631
Running Costs/mo	£1,237£1,237
Cashflow/mo	£394£394
Cashflow/yr	£4,730£4,730
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

37 sold prices from £167K to £455K, average is £280K. £3.1K/m² to £6.6K/m², average is £4.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£245K	11/22	0.03 mi	58, Willenhall Drive, Hayes, Greater London UB3 2UU	£4,712	52	2	Flat
£287K	10/21	0.1 mi	23, Compton Road, Hayes, Greater London UB3 2AZ	£4,348	66	2	Flat
£277K	02/21	0.13 mi	90, Botwell Lane, Hayes, Greater London UB3 2AF	£4,541	61	2	Flat
£259.7K	01/21	0.14 mi	Flat 10, Chartwell Court, Church Road, Hayes, Greater London UB3 2LP	-	-	2	Flat
£254K	04/21	0.15 mi	Flat 6, Chartwell Court, Church Road, Hayes, Greater London UB3 2LP	-	-	2	Flat
£270K	06/23	0.25 mi	59, Barra Hall Road, Hayes, Greater London UB3 2NS	£4,440	61	2	Flat
£335K	05/23	0.25 mi	148, Church Road, Hayes, Greater London UB3 2LW	£6,241	54	2	Flat
£310K	06/21	0.28 mi	44, Reid Close, Hayes, Greater London UB3 2DD	£4,626	67	2	Flat
£265K	03/21	0.28 mi	39, Reid Close, Hayes, Greater London UB3 2DD	£3,758	71	2	Flat
£265K	03/21	0.28 mi	39, Reid Close, Hayes, Greater London UB3 2DD	£3,758	71	2	Flat
£280K	06/21	0.28 mi	317, Botwell Lane, Hayes, Greater London UB3 2AR	£6,222	45	2	Flat
£287.5K	10/22	0.28 mi	33, Reid Close, Hayes, Greater London UB3 2DD	£4,049	71	2	Flat
£280K	04/21	0.3 mi	31, Botwell Crescent, Hayes, Greater London UB3 2BD	£5,833	48	2	Flat
£285K	04/21	0.32 mi	38, Botwell Crescent, Hayes, Greater London UB3 2BE	£6,333	45	2	Flat
£325K	08/23	0.32 mi	30, Botwell Crescent, Hayes, Greater London UB3 2BE	-	-	2	Flat
£312K	06/23	0.36 mi	25, Wood End Green Road, Hayes, Greater London UB3 2SB	£5,886	53	2	Flat
£305K	06/23	0.37 mi	10, Fulwood Close, Hayes, Greater London UB3 2NF	£4,067	75	2	Flat
£324K	10/23	0.37 mi	11, Fulwood Close, Hayes, Greater London UB3 2NF	£4,378	74	2	Flat
£455K	01/21	0.5 mi	25, Judge Heath Lane, Hayes, Greater London UB3 2NY	£4,643	98	2	Flat
£267.5K	03/21	0.72 mi	13, Melina Close, Hayes, Greater London UB3 2RA	£4,876	55	2	Flat
£167K	10/20	0.74 mi	9, Cavendish Close, Hayes, Greater London UB4 8AJ	£3,093	54	2	Flat
£295K	03/23	0.74 mi	18, Cavendish Close, Hayes, Greater London UB4 8AJ	-	-	2	Flat
£225K	10/22	0.75 mi	30, Westcombe Lodge Drive, Hayes, Greater London UB4 8HQ	£4,091	55	2	Flat
£175K	04/21	0.76 mi	48, Westcombe Lodge Drive, Hayes, Greater London UB4 8HQ	£3,125	56	2	Flat
£225K	01/23	0.76 mi	48, Westcombe Lodge Drive, Hayes, Greater London UB4 8HQ	£4,018	56	2	Flat
£175K	04/21	0.76 mi	48, Westcombe Lodge Drive, Hayes, Greater London UB4 8HQ	£3,125	56	2	Flat
£270K	03/23	0.78 mi	11, St Jeromes Grove, Hayes, Greater London UB3 2PJ	£3,913	69	2	Flat
£270K	04/24	0.83 mi	30, Corwell Gardens, Uxbridge, Greater London UB8 3JT	£4,500	60	2	Flat
£300K	06/21	0.83 mi	Flat 603, Signal Building, Station Approach, Hayes, Greater London UB3 4FG	-	-	2	Flat
£322.5K	06/23	0.84 mi	15, Shelley Close, Hayes, Greater London UB4 0QW	-	-	2	Flat
£313K	04/21	0.84 mi	278a, Balmoral Drive, Hayes, Greater London UB4 8DQ	-	-	2	Flat
£315K	03/21	0.84 mi	7, Shelley Close, Hayes, Greater London UB4 0QW	£5,339	59	2	Flat
£282.5K	12/20	0.91 mi	15, Devonshire Way, Hayes, Greater London UB4 0JA	£4,036	70	2	Flat
£235K	08/21	0.93 mi	Flat 4, Pear Tree House, Goulds Green, Uxbridge, Greater London UB8 3TP	-	-	2	Flat
£273K	06/21	0.93 mi	Flat 2, Pear Tree House, Goulds Green, Uxbridge, Greater London UB8 3TP	-	-	2	Flat
£310K	11/22	0.95 mi	13, Sandow Crescent, Hayes, Greater London UB3 4QH	£6,596	47	2	Flat
£285K	11/20	0.96 mi	3d, Perry Close, Uxbridge, Greater London UB8 3HR	£4,831	59	2	Flat

Local Rents

31 rents from £1.4K/mo to £2.5K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,675	09/24	0.03 mi	-	2	Flat
£1,675	01/25	0.03 mi	-	2	Flat
£1,800	02/25	0.04 mi	-	2	Flat
£1,850	11/24	0.05 mi	-	2	Terraced House
£1,650	11/24	0.05 mi	-	2	Flat
£1,850	01/25	0.05 mi	-	2	Flat
£1,600	10/24	0.12 mi	Compton Road, Hayes, UB3	2	Flat
£1,650	10/24	0.13 mi	-	2	Flat
£1,700	11/24	0.13 mi	-	2	Flat
£2,000	12/24	0.19 mi	-	2	Semi-Detached House
£1,750	02/25	0.28 mi	-	2	Flat
£1,700	10/24	0.28 mi	-	2	Flat
£1,900	03/25	0.28 mi	-	2	Flat
£1,800	12/24	0.3 mi	-	2	Flat
£2,200	12/24	0.45 mi	-	2	Flat
£2,000	01/25	0.45 mi	-	2	Flat
£1,750	10/24	0.45 mi	Hayes	2	Flat
£1,650	09/24	0.45 mi	-	2	Flat
£1,750	02/24	0.47 mi	-	2	Flat
£2,000	01/25	0.47 mi	-	2	Flat
£1,950	02/25	0.47 mi	-	2	Flat
£1,450	11/24	0.5 mi	-	2	Flat
£1,450	11/24	0.5 mi	-	2	Flat
£1,700	10/24	0.51 mi	-	2	Flat
£1,700	10/24	0.51 mi	George Court, Hayes, UB3	2	Flat
£1,675	10/24	0.54 mi	-	2	Flat
£1,675	10/24	0.54 mi	-	2	Flat
£1,700	12/24	0.54 mi	-	2	Flat
£1,700	12/24	0.54 mi	-	2	Flat
£1,700	01/25	0.55 mi	-	2	Flat
£2,500	02/24	0.61 mi	-	2	Terraced House

Local Area Statistics

Population in UB3	48,47448,474
Population in Hayes	88,04788,047
Town centre distance	0.46 miles away0.46 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.82 miles away0.82 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+22%+22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £285,000

January 25, 2025

Floor Plans

Description

Hayes Town +
Flat +
Two bedrooms +
Great location +
Ideal first buy +
Bus links & schools nearby +
Close to Hayes & Harlington station +
Call us now to arrange your appointment +

Welcome to this charming top-floor 2-bedroom flat nestled in the heart of Hayes Town. Boasting a spacious layout, this property caters perfectly to the needs of both first-time buyers and savvy investors alike. Situated within easy reach of Hayes and Harlington Station, where the Elizabeth Line awaits, commuting becomes a breeze. Enjoy the convenience of nearby business links, shops, and schools, making everyday life a pleasure. Plus, with Heathrow Airport and the M4 just a short drive away, travel is effortlessly accessible. Embrace comfort, convenience, and a vibrant lifestyle in this ideal location.

So call us now and be the first through the door...

Agent Details

haart, Hayes (Middx)

020 3910 6769

Next Steps?

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

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