3 Bed Semi-Detached House, Refurb/BRRR, Staines, TW18 1DG, £475,000

81 Strodes Crescent, Staines-upon-Thames, Surrey TW18 1DG - 2 views - 3 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 1%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£340K - £595K
Sold Prices/m²£4K/m² - £11K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£479,893

 

 

End Value (After Refurb)

£480,330

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£49,200

Bridging Loan Interest

£12,469

Total Cash In

£208,869

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£480,330

Mortgage (After Refinance)

£360,247

Mortgage LTV

75%

Cash Released

£3,997

Cash Left In

£204,871

Equity

£120,082

Rent Range

£1,590 - £2,750

Rent Estimate

£2,153

Running Costs/mo

£1,952

Cashflow/mo

£201

Cashflow/yr

£2,416

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £340K to £595K, average is £426.8K. £4K/m² to £11K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£340K05/210.01 mi65, Strodes Crescent, Staines-upon-thames, Surrey TW18 1DG3
£425K10/210.05 mi78, Petersfield Road, Staines-upon-thames, Surrey TW18 1DL3
£415K03/210.1 mi36, Kenilworth Gardens, Staines-upon-thames, Surrey TW18 1DR3
£467.5K03/210.1 mi70, Petersfield Road, Staines, Surrey TW18 1DL3
£450K08/230.1 mi49, Petersfield Road, Staines-upon-thames, Surrey TW18 1DF3
£340K03/210.13 mi32, Kenilworth Gardens, Staines, Surrey TW18 1DR3
£425K02/210.14 mi179, Kingston Road, Staines, Surrey TW18 1PB3
£485K08/210.15 mi139, Petersfield Avenue, Staines, Surrey TW18 1DH3
£430K11/200.16 mi86, Brookside Avenue, Ashford, Surrey TW15 3LY3
£405K04/240.16 mi126, Brookside Avenue, Ashford, Surrey TW15 3LY3
£500K10/220.16 mi196, Kingston Road, Staines-upon-thames, Surrey TW18 1PE3
£435K12/230.22 mi3, Kingston Crescent, Ashford, Surrey TW15 3NF3
£435K12/230.22 mi3, Kingston Crescent, Ashford, Surrey TW15 3NF3
£432K08/210.26 mi114, Kingston Crescent, Ashford, Surrey TW15 3NE3
£432K05/230.27 mi42, Brookside Avenue, Ashford, Surrey TW15 3LX3
£420K06/240.27 mi68, Brookside Avenue, Ashford, Surrey TW15 3LX3
£380K05/210.27 mi39, Worple Avenue, Staines, Surrey TW18 1HY3
£400K03/230.29 mi20, Stainash Crescent, Staines-upon-thames, Surrey TW18 1AY3
£392.5K01/210.29 mi5, Fairlawns Close, Staines-upon-thames, Surrey TW18 1BP3
£515K09/230.29 mi26, Hensworth Road, Ashford, Surrey TW15 3NQ3
£430K01/210.3 mi29, Ash Grove, Staines, Surrey TW18 1JE3
£390K06/210.31 mi7, Stainash Crescent, Staines-upon-thames, Surrey TW18 1AZ3
£455K02/230.31 mi48, Worple Avenue, Staines-upon-thames, Surrey TW18 1HX3
£400K03/210.31 mi2, Worple Avenue, Staines, Surrey TW18 1HX3
£480K09/210.31 mi74, Worple Avenue, Staines, Surrey TW18 1HX3
£415K05/210.32 mi253, Woodthorpe Road, Ashford, Surrey TW15 3NJ3
£455K03/210.32 mi18, Cherry Tree Avenue, Staines-upon-thames, Surrey TW18 1JF3
£540K07/210.32 mi24, Cherry Tree Avenue, Staines, Surrey TW18 1JF3
£515K11/200.33 mi9, Ash Grove, Staines, Surrey TW18 1JE3
£517K02/230.33 mi249, Kingston Road, Ashford, Surrey TW15 3SQ3
£415K04/210.33 mi3, Edinburgh Drive, Staines, Surrey TW18 1PX3
£348K04/210.33 mi5, Albany Way, Laleham, Staines, Surrey TW18 1BG3
£405K06/210.34 mi257, Woodthorpe Road, Ashford, Surrey TW15 3NL3
£390K06/210.34 mi54, Ruggles Brise Road, Ashford, Surrey TW15 3LF3
£547.5K12/220.35 mi20, Worple Road, Staines-upon-thames, Surrey TW18 1EA3
£565K03/210.35 mi34, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£510K06/210.35 mi20, Hurstdene Avenue, Staines, Surrey TW18 1JQ3
£595K08/230.35 mi46, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£397K03/210.39 mi42, Chestnut Manor Close, Staines, Surrey TW18 1AQ3
£375K06/210.39 mi64, Chestnut Manor Close, Staines, Surrey TW18 1AQ3
£425.5K08/230.39 mi54, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AQ3
£425K02/230.39 mi279, Kingston Road, Ashford, Surrey TW15 3SJ3
£363K11/200.4 mi45, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AG3
£428K03/210.4 mi32, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AQ3
£580K07/240.4 mi15, Celia Crescent, Ashford, Surrey TW15 3NW3
£525K05/240.4 mi26, Celia Crescent, Ashford, Surrey TW15 3NW3
£395K06/210.41 mi41, Manor Place, Staines, Surrey TW18 1AE3
£385K12/220.41 mi34, Manor Place, Staines-upon-thames, Surrey TW18 1AE3
£455K08/230.42 mi61, Ferndale Road, Ashford, Surrey TW15 3PP3
£373.5K06/210.42 mi159, Elizabeth Avenue, Staines-upon-thames, Surrey TW18 1JN3

Local Rents

14 rents from £1.6K/mo to £2.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,59010/240.1 miKenilworth Gardens, Staines-Upon-Thames, Surrey, TW183
£2,75010/240.31 mi-3
£2,30010/240.31 miWorple Avenue, Staines-upon-Thames, Surrey, TW183
£2,20011/240.31 mi-3
£2,40010/240.31 mi-3
£2,30010/240.4 mi-3
£2,25003/250.43 mi-3
£2,20010/240.53 mi-3
£2,20010/240.55 mi-3
£2,40003/250.56 mi-3
£2,30004/250.57 mi-3
£1,85010/240.58 miBrightside Avenue, Staines-upon-Thames, Surrey, TW183
£1,85010/240.58 miBrightside Avenue, TW183
£1,80010/240.58 miShaftesbury Crescent, Staines-Upon-Thames3

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.78 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £475,000

January 29, 2025

Floor Plans

Description

Located in the popular Strode Crescent, this 3-bedroom semi-detached property offers great potential for those looking to create their ideal family home. Within walking distance to local amenities and schools, this property is perfectly situated for everyday convenience.

The open-plan kitchen and dining area provides a bright, welcoming space and overlooks a larger-than-average garden, offering plenty of room for extension, subject to local planning permissions. The garden is a fantastic feature, offering great outdoor potential. The main reception room is spacious and versatile, ideal for both everyday living and entertaining. On the first floor, you’ll find two large double bedrooms, a single bedroom, offering flexible living options. The property also includes a private garage, providing off-street parking and additional storage. While the property would benefit from some modernisation, it presents an excellent opportunity to make it your own and maximise its potential. Awaiting EPC Rating.
Spelthorne Borough Council, Council Tax Band D being £2,304.58 for 2024/25.

Agent Details

The Frost Partnership, Staines

01784 771404

Next Steps?

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