3 Bed Bungalow, Refurb/BRRR, West Drayton, UB7 8AB, £500,000

Falling Lane, Yiewsley, West Drayton, UB7 8AB - 1 views - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£330K - £630K
Sold Prices/m²£3.4K/m² - £7.2K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£514,821
BMV3%

 

 

End Value (After Refurb)

£541,175

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£49,088

Bridging Loan Interest

£13,125

Total Cash In

£217,663

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£541,175

Mortgage (After Refinance)

£405,881

Mortgage LTV

75%

Cash Released

£30,881

Cash Left In

£186,782

Equity

£135,294

Rent Range

£1,550 - £2,800

Rent Estimate

£2,076

Running Costs/mo

£2,126

Cashflow/mo

£-50

Cashflow/yr

£-604

Gross Yield

5%

Local Sold Prices

49 sold prices from £330K to £630K, average is £470K. £3.4K/m² to £7.2K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£483K10/200.07 mi6, Gordon Road, West Drayton, Greater London UB7 8AH3
£575K03/210.1 mi84, Otterfield Road, West Drayton, Greater London UB7 8PF3
£512K06/210.11 mi7, Cousins Close, West Drayton, Greater London UB7 8QG3
£552.5K05/230.11 mi10, Cousins Close, Yiewsley, West Drayton, Greater London UB7 8QG3
£512K06/210.11 mi7, Cousins Close, West Drayton, Greater London UB7 8QG3
£515.1K07/220.13 mi15, Cousins Close, Yiewsley, West Drayton, Greater London UB7 8QG3
£520K04/230.14 mi3, Milburn Drive, Yiewsley, West Drayton, Greater London UB7 8QQ3
£485K06/230.16 mi25, Yew Avenue, Yiewsley, West Drayton, Greater London UB7 8PB3
£450K06/230.16 mi26, Yew Avenue, Yiewsley, West Drayton, Greater London UB7 8PA3
£520K02/230.16 mi47, Yew Avenue, Yiewsley, West Drayton, Greater London UB7 8PB3
£490K06/230.18 mi45, Otterfield Road, Yiewsley, West Drayton, Greater London UB7 8PE3
£445K05/210.18 mi51, Otterfield Road, West Drayton, Greater London UB7 8PE3
£485K08/230.22 mi37, Gorse Walk, Yiewsley, West Drayton, Greater London UB7 8AJ3
£400K06/230.24 mi80, Lowdell Close, Yiewsley, West Drayton, Greater London UB7 8BB3
£473.5K12/220.25 mi16, Poplar Avenue, Yiewsley, West Drayton, Greater London UB7 8LF3
£425K04/210.26 mi42, St Matthew Close, Uxbridge, Greater London UB8 3SR3
£437K02/210.26 mi40, St Matthew Close, Uxbridge, Greater London UB8 3SR3
£465K07/240.29 mi6, St Nicholas Close, Uxbridge, Greater London UB8 3SW3
£430K09/230.3 mi43, Albert Road, Yiewsley, West Drayton, Greater London UB7 8ES3
£432K12/200.3 mi117, Lowdell Close, Yiewsley, West Drayton, Greater London UB7 8BA3
£527.5K10/230.31 mi20, Heather Lane, Yiewsley, West Drayton, Greater London UB7 8AW3
£470K11/200.31 mi36, Heather Lane, Yiewsley, West Drayton, Greater London UB7 8AW3
£416K04/210.32 mi79, St Clement Close, Uxbridge, Greater London UB8 3SS3
£435K04/210.33 mi36, Maple Avenue, Yiewsley, West Drayton, Greater London UB7 8LT3
£465K12/220.33 mi44, Maple Avenue, Yiewsley, West Drayton, Greater London UB7 8LT3
£481K06/210.34 mi23, Edgar Road, West Drayton, Greater London UB7 8HN3
£630K02/210.34 mi27, Edgar Road, Yiewsley, West Drayton, Greater London UB7 8HN3
£451.5K08/210.34 mi26, Pinn Close, Uxbridge, Greater London UB8 3TB3
£470K06/210.34 mi18, Edgar Road, West Drayton, Greater London UB7 8HW3
£432K06/210.35 mi53, Acacia Avenue, West Drayton, Greater London UB7 8LW3
£475K09/230.36 mi44, Albert Road, Yiewsley, West Drayton, Greater London UB7 8ER3
£452K11/200.37 mi25, Maple Avenue, Yiewsley, West Drayton, Greater London UB7 8LS3
£500K05/230.38 mi131, Falling Lane, Yiewsley, West Drayton, Greater London UB7 8AG3
£480K01/230.38 mi47, Bentinck Road, Yiewsley, West Drayton, Greater London UB7 7RG3
£590K12/220.39 mi32, St Christopher Road, Uxbridge, Greater London UB8 3SG3
£415K02/230.39 mi17, St Martin Close, Uxbridge, Greater London UB8 3SQ3
£485K04/240.39 mi9, Cedar Avenue, Yiewsley, West Drayton, Greater London UB7 8LP3
£330K01/210.4 mi14, Ash Grove, Yiewsley, West Drayton, Greater London UB7 8BL3
£455K12/200.4 mi5, Ash Grove, West Drayton, Greater London UB7 8BL3
£490K09/230.4 mi10, Maple Avenue, Yiewsley, West Drayton, Greater London UB7 8LS3
£400K09/230.41 mi54, Royal Lane, Yiewsley, West Drayton, Greater London UB7 8DN3
£460K10/220.41 mi20, Hilliards Road, Uxbridge, Greater London UB8 3TA3
£382.5K04/210.42 mi56, Providence Road, West Drayton, Greater London UB7 8HJ3
£350K02/210.43 mi12, Lilac Place, Yiewsley, West Drayton, Greater London UB7 8LR3
£500K10/220.46 mi60, Providence Road, Yiewsley, West Drayton, Greater London UB7 8HL3
£614K12/220.46 mi67, Appletree Avenue, Yiewsley, West Drayton, Greater London UB7 8BZ3
£415K01/210.46 mi17, Chestnut Avenue, West Drayton, Greater London UB7 8BT3
£370K08/230.46 mi22, Chestnut Avenue, Yiewsley, West Drayton, Greater London UB7 8BT3
£460K06/210.49 mi33, St Peters Road, Uxbridge, Greater London UB8 3SA3

Local Rents

20 rents from £1.6K/mo to £2.8K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00010/240.11 miCousins Close, West Drayton, Middlesex, UB73
£1,90010/240.18 miCastle Avenue, WEST DRAYTON, Greater London3
£2,47504/250.23 mi-3
£2,15010/240.27 miMoorfield Road, Uxbridge, Greater London3
£2,20002/250.29 mi-3
£2,00010/240.29 miWhitethorn Avenue, Yiewsley, West Drayton, UB73
£1,55010/240.3 miAlbert Road, West Drayton, Middlesex, UB73
£1,95004/250.31 mi-3
£2,20010/240.37 miProvidence Road, West Drayton, UB73
£1,85010/240.42 miWimpole Road, Yiewsley3
£2,45010/240.43 miGarnet Place, West Drayton3
£2,80004/250.44 mi-3
£1,95010/240.46 miAppletree Avenue, Yiewsley3
£2,50001/250.5 mi-3
£2,00012/240.5 mi-3
£2,25012/240.52 mi-3
£2,20012/240.55 mi-3
£2,00010/240.58 miIvanhoe Close, Uxbridge, UB8 3RT3
£2,10010/240.59 mi-3
£2,00012/240.61 mi-3

Local Area Statistics

Population in UB7

29,741

Town centre distance

1.13 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+61%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £500,000

February 18, 2025

Floor Plans

Description

  • Three bedrooms +
  • Open-plan kitchen +
  • Single garage +
  • No chain involved +
  • Access to public transport +
  • Proximity to local amenities +
  • Nearby green spaces +
  • Walking routes +
  • Investor opportunity +
  • Requires renovation +

This semi-detached house is currently on the market and presents an incredible opportunity for investors. Although it requires some renovation, it provides a blank canvas for you to add your own personal touch. The property comprises three bedrooms, one bathroom, a single reception room, and an open-plan kitchen. The benefits of this property extend beyond its walls. The house is ideally located, boasting access to public transport links, local amenities, green spaces, and walking routes. This connectivity contributes to the convenience and quality of life you can expect from living here. One of the unique features of this property is the single garage, which offers additional space for storage or parking. Another advantage is that there is no chain involved in the buying process, which should make for a smoother transition. This property is waiting for someone with a vision to restore it to its full potential. Don't miss out on this investment opportunity.

Agent Details

Romans, Uxbridge

01895 545737

Next Steps?

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