2 Bed Bungalow, Planning Permission, Iver, SL0 0HH, £550,000

Hardings Row, Iver Heath, SL0 0HH - 2 views - a month ago

Planning
ROI: 6%
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£335K - £650K
Sold Prices/m²£4.2K/m² - £8.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£8.1K/m²

Value Estimate

£419,218

 

 

End Value (After Refurb)

£530,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Refurb Costs

£33,689

Bridging Loan Interest

£14,438

Total Cash In

£220,077

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£530,000

Mortgage (After Refinance)

£397,500

Mortgage LTV

75%

Cash Left In

£220,077

Equity

£132,500

Rent Range

£1,750 - £4,100

Rent Estimate

£3,500

Running Costs/mo

£2,376

Cashflow/mo

£1,124

Cashflow/yr

£13,485

ROI

6%

Gross Yield

8%

Local Sold Prices

23 sold prices from £335K to £650K, average is £420K. £4.2K/m² to £8.7K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£420K02/210.07 miNew Heath Cottage, Swallow Street, Iver, Buckinghamshire SL0 0HN2
£650K03/230.16 mi77, Swallow Street, Iver, Buckinghamshire SL0 0ET2
£420K11/220.33 mi3, Martindale, Iver, Buckinghamshire SL0 0HX2
£430K12/220.33 mi2, Martindale, Iver, Buckinghamshire SL0 0HX2
£370K05/210.33 mi10, Martindale, Iver, Buckinghamshire SL0 0HX2
£437K06/210.36 mi204, Swallow Street, Iver, Buckinghamshire SL0 0HS2
£463.9K10/220.41 mi224, Swallow Street, Iver, Buckinghamshire SL0 0HS2
£355K12/200.45 mi104, Trewarden Avenue, Iver, Buckinghamshire SL0 0SB2
£335K02/210.45 mi12, Trewarden Avenue, Iver, Buckinghamshire SL0 0SB2
£416K04/220.45 mi104, Trewarden Avenue, Iver, Buckinghamshire SL0 0SB2
£410K11/200.47 mi254, Swallow Street, Iver, Buckinghamshire SL0 0HT2
£470K09/220.5 mi5, Anslow Gardens, Iver, Buckinghamshire SL0 0BW2
£382.5K02/210.69 mi30, Heatherden Green, Iver, Buckinghamshire SL0 0PZ2
£550K10/210.8 mi143, Ashford Road, Iver, Buckinghamshire SL0 0QE2
£495K09/220.87 mi31, Stonecroft Avenue, Iver, Buckinghamshire SL0 9QF2
£650K01/210.92 miSherwood, Pinewood Green, Iver, Buckinghamshire SL0 0QR2
£410.5K06/210.93 mi173, High Street, Iver, Buckinghamshire SL0 9QB2
£478K06/210.93 miMayerling, Langley Park Road, Iver, Buckinghamshire SL0 9RE2
£425K04/220.95 mi147, High Street, Iver, Buckinghamshire SL0 9QB2
£382K04/210.96 mi159, High Street, Iver, Buckinghamshire SL0 9QB2
£400K02/210.96 mi131, High Street, Iver, Buckinghamshire SL0 9QB2
£400K11/220.97 mi46, Leas Drive, Iver, Buckinghamshire SL0 9RD2
£350K06/210.98 miDevonia, Cecil Road, Iver, Buckinghamshire SL0 9PS2

Local Rents

10 rents from £1.8K/mo to £4.1K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£1,75008/240.12 miSwallow Street, Iver, SL02
£3,50010/240.34 mi-2
£3,50010/240.34 mi-2
£4,10009/240.34 mi-2
£4,10009/240.34 mi-2
£3,50002/250.34 mi-2
£4,10001/250.34 mi-2
£4,10002/250.34 mi-2
£3,50002/250.34 mi-2
£3,50003/250.34 mi-2

Local Area Statistics

Population in SL0

11,149

Town centre distance

0.56 miles away

Nearest school

0.30 miles away

Nearest train station

1.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+100%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £550,000

February 6, 2025

Floor Plans

Description

  • NO CHAIN +
  • GOOD AIRPORT AND MOTORWAY LINKS +
  • CUL-DE-SAC LOCATION +
  • IN NEED OF MODERNISTATION +
  • LARGE AND SECLUDED GARDEN +

Two-Bedroom Bungalow with Huge Potential – Quiet Cul-de-Sac Location in Iver Heath! Nestled in a peaceful cul-de-sac just off Swallow Street, this charming two-bedroom bungalow offers a fantastic opportunity for those looking to modernise and make it their own. Set on a generous plot, the property boasts ample parking and potential for extension (subject to planning permission), making it an ideal investment or family home. Inside, you’ll find an open hallway that leads to a spacious shower room, two well-proportioned double bedrooms, and a large, light-filled living room – perfect for relaxation or entertaining. The kitchen, with plenty of eye-level and base-level units, offers a great space for cooking and dining. The property benefits from its excellent location, just a short stroll from a nearby nature reserve, ideal for scenic walks and enjoying the outdoors. It also offers easy access to motorway links and local amenities, ensuring convenience and connectivity. This bungalow offers excellent potential for those looking to put their personal touch on a home in a desirable location. Early viewings are highly recommended! The property is perfectly situated close to beautiful woodland walks at Black Park and Langley Park which are ideal for families and dog walkers. The larger centres of Uxbridge and Gerrards Cross provide a wider range of shopping facilities. Central London is easily accessible by road via the M40 (J1A) and M25 (J16) plus access to Heathrow and Gatwick Airports. Buckinghamshire is renowned for its education system, with an excellent choice of state and independent schools. Also nearby Iver and Langley Stations that both benefit from the Crossrail route.

Agent Details

Hilton King & Locke, Iver

01753 980010

Next Steps?

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