3 Bed Terraced House, Refurb/BRRR, Staines, TW18 1AZ, £425,000

Stainash Crescent, Staines-upon-Thames, Surrey, TW18 1AZ - 6 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£340K - £880K
Sold Prices/m²£3.7K/m² - £11K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£433,500

 

 

End Value (After Refurb)

£477,761

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£49,200

Bridging Loan Interest

£11,156

Total Cash In

£191,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£477,761

Mortgage (After Refinance)

£358,321

Mortgage LTV

75%

Cash Released

£39,571

Cash Left In

£151,486

Equity

£119,440

Rent Range

£1,590 - £2,750

Rent Estimate

£2,317

Running Costs/mo

£1,976

Cashflow/mo

£341

Cashflow/yr

£4,087

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £340K to £880K, average is £461.3K. £3.7K/m² to £11K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£390K06/210.03 mi7, Stainash Crescent, Staines-upon-thames, Surrey TW18 1AZ3
£400K03/230.04 mi20, Stainash Crescent, Staines-upon-thames, Surrey TW18 1AY3
£428K03/210.1 mi32, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AQ3
£363K11/200.13 mi45, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AG3
£397K03/210.14 mi42, Chestnut Manor Close, Staines, Surrey TW18 1AQ3
£375K06/210.14 mi64, Chestnut Manor Close, Staines, Surrey TW18 1AQ3
£425.5K08/230.14 mi54, Chestnut Manor Close, Staines-upon-thames, Surrey TW18 1AQ3
£547.5K12/220.16 mi20, Worple Road, Staines-upon-thames, Surrey TW18 1EA3
£385K12/220.16 mi34, Manor Place, Staines-upon-thames, Surrey TW18 1AE3
£395K06/210.16 mi41, Manor Place, Staines, Surrey TW18 1AE3
£475K10/200.18 mi55, Gordon Close, Staines-upon-thames, Surrey TW18 1AP3
£392.5K01/210.18 mi5, Fairlawns Close, Staines-upon-thames, Surrey TW18 1BP3
£500K03/210.21 mi24, Gordon Close, Staines-upon-thames, Surrey TW18 1AR3
£380K05/210.22 mi39, Worple Avenue, Staines, Surrey TW18 1HY3
£450K08/230.23 mi49, Petersfield Road, Staines-upon-thames, Surrey TW18 1DF3
£540K02/210.24 mi7, Homestead Road, Staines, Surrey TW18 2RD3
£545K03/230.24 mi17, Homestead Road, Staines-upon-thames, Surrey TW18 2RD3
£455K02/230.24 mi48, Worple Avenue, Staines-upon-thames, Surrey TW18 1HX3
£480K09/210.24 mi74, Worple Avenue, Staines, Surrey TW18 1HX3
£400K03/210.24 mi2, Worple Avenue, Staines, Surrey TW18 1HX3
£340K03/210.27 mi32, Kenilworth Gardens, Staines, Surrey TW18 1DR3
£455K04/210.31 mi13, Leacroft Close, Staines, Surrey TW18 4NP3
£600K03/210.31 mi6, Leacroft Close, Staines, Surrey TW18 4NP3
£415K03/210.31 mi36, Kenilworth Gardens, Staines-upon-thames, Surrey TW18 1DR3
£525K06/210.31 mi186, Commercial Road, Staines, Surrey TW18 2QS3
£390K06/210.32 mi86, Worple Road, Staines-upon-thames, Surrey TW18 1EG3
£425K10/210.32 mi78, Petersfield Road, Staines-upon-thames, Surrey TW18 1DL3
£340K05/210.32 mi65, Strodes Crescent, Staines-upon-thames, Surrey TW18 1DG3
£425K02/210.32 mi179, Kingston Road, Staines, Surrey TW18 1PB3
£550K08/230.32 mi47, Cherry Orchard, Staines-upon-thames, Surrey TW18 2DE3
£440K06/210.32 mi45, Cherry Orchard, Staines, Surrey TW18 2DE3
£476K02/230.33 mi6, Broadacre, Staines-upon-thames, Surrey TW18 2DH3
£467.5K03/210.33 mi70, Petersfield Road, Staines, Surrey TW18 1DL3
£545K04/210.33 mi27a, Cherry Orchard, Staines, Surrey TW18 2DE3
£500K10/220.33 mi196, Kingston Road, Staines-upon-thames, Surrey TW18 1PE3
£540K07/210.33 mi24, Cherry Tree Avenue, Staines, Surrey TW18 1JF3
£455K03/210.33 mi18, Cherry Tree Avenue, Staines-upon-thames, Surrey TW18 1JF3
£545.5K11/230.33 mi4, Georgian Close, Staines-upon-thames, Surrey TW18 4NR3
£515K01/240.36 mi68, Kingston Road, Staines-upon-thames, Surrey TW18 4NL3
£880K02/210.36 mi14, Greenlands Road, Staines-upon-thames, Surrey TW18 4LR3
£510K06/210.38 mi20, Hurstdene Avenue, Staines, Surrey TW18 1JQ3
£565K03/210.38 mi34, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£595K08/230.38 mi46, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£430K01/210.38 mi29, Ash Grove, Staines, Surrey TW18 1JE3
£405.5K06/210.39 mi99, Nursery Gardens, Staines, Surrey TW18 1EL3
£472.5K08/230.39 mi111, Nursery Gardens, Staines-upon-thames, Surrey TW18 1EL3
£540K12/230.39 mi10, Murdoch Close, Staines-upon-thames, Surrey TW18 2DJ3
£475K04/240.39 mi2, Murdoch Close, Staines-upon-thames, Surrey TW18 2DJ3
£515K11/200.4 mi9, Ash Grove, Staines, Surrey TW18 1JE3
£542.5K06/210.4 mi48, Knightsbridge Crescent, Staines-upon-thames, Surrey TW18 2QR3

Local Rents

10 rents from £1.6K/mo to £2.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,20011/240.08 mi-3
£2,40010/240.08 mi-3
£2,75010/240.25 mi-3
£2,30010/240.25 miWorple Avenue, Staines-upon-Thames, Surrey, TW183
£1,59010/240.29 miKenilworth Gardens, Staines-Upon-Thames, Surrey, TW183
£2,25003/250.3 mi-3
£2,57510/240.44 miPark Avenue, Staines-Upon-Thames, Middlesex, TW183
£2,45010/240.52 miLondon Road, Staines-upon-Thames, Surrey, TW183
£2,50001/240.52 mi-3
£2,25010/240.62 miLondon Road, Staines, TW183

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 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

February 13, 2025

Floor Plans

Description

  • Three bedroom home +
  • Potential to extend +
  • Requires modernisation +
  • Garage to rear +
  • 0.5 miles from Staines Station +
  • No onward chain +

Offered with no onward chain is this lovely three-bedroom, terraced home, only ten minutes’ walk from Staines Train Station.

The ground floor accommodation comprises an open-plan living/dining room with a conservatory to the rear, a separate kitchen and utility space. Upstairs are two good sized double bedrooms and a third single bedroom as well as a main bathroom.

To the rear is a nice sized garden, currently primarily paved, with a garage and rear access.

The house offers excellent potential with many neighbours having extended to the rear and into the loft. There is plenty of residents parking available.

Agent Details

Stirling Ackroyd Sales, Staines

01784 779579

Next Steps?

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