2 Bed Flat, Single Let, West Drayton, UB7 7DL, £265,000

26 Waterford House Thorney Mill Road, West Drayton, Middlesex UB7 7DL - 1 views - 2 months ago

Leasehold
BTL
ROI: 7%
~63 m²
+16 photos

ValuationUndervalued

Sold Prices£112.5K - £320K
Sold Prices/m²£2.3K/m² - £5.9K/m²

 

 

Square Metres

~62.99 m²
Price/m²£4.2K/m²

Value Estimate

£293,597
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£15,200

Total Cash In

£81,450

 

 

Cash Out

 

Rent Range

£1,500 - £1,950

Rent Estimate

£1,650

Running Costs/mo

£1,178

Cashflow/mo

£472

Cashflow/yr

£5,663

ROI

7%

Gross Yield

7%

Local Sold Prices

32 sold prices from £112.5K to £320K, average is £275K. £2.3K/m² to £5.9K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£260K07/210 miFlat 3, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£263K03/210 miFlat 7, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£289K06/210 miFlat 2, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£265K01/230 miFlat 20, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£275K02/210.02 miFlat 27, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£290K06/210.28 mi63, Wren Drive, West Drayton, Greater London UB7 7NR2
£296K12/200.28 mi51, Wren Drive, West Drayton, Greater London UB7 7NR2
£300K11/230.28 mi45, Wren Drive, West Drayton, Greater London UB7 7NR2
£282K02/210.34 mi25, Wren Drive, West Drayton, Greater London UB7 7NW2
£298K08/230.45 mi77, Swan Road, West Drayton, Greater London UB7 7LA2
£270K03/210.52 mi28, Osprey Close, West Drayton, Greater London UB7 7JE2
£286K06/210.61 mi28a, Drayton Gardens, West Drayton, Greater London UB7 7LG2
£275K03/210.61 mi16a, Drayton Gardens, West Drayton, Greater London UB7 7LG2
£320K12/220.64 mi15, Classon Close, West Drayton, Greater London UB7 7JU2
£305K02/230.66 miFlat 5, Delaford House, Colham Mill Road, West Drayton, Greater London UB7 7AD2
£305K03/210.69 mi185c, Station Road, West Drayton, Greater London UB7 7NQ2
£300K04/210.7 mi22, Cherry Orchard, West Drayton, Greater London UB7 7JR2
£305K03/210.7 mi185c, Station Road, West Drayton, Greater London UB7 7NQ2
£270K04/210.71 mi95, Wordsworth Way, West Drayton, Greater London UB7 9HY2
£265K09/210.75 mi157, Wordsworth Way, West Drayton, Greater London UB7 9HX2
£310K11/200.76 mi22b, Warwick Road, West Drayton, Greater London UB7 9BZ2
£255K11/210.8 miFlat 3, Ashley Court, High Street, Yiewsley, West Drayton, Greater London UB7 7DN2
£265K07/230.8 miFlat 12, Ashley Court, High Street, Yiewsley, West Drayton, Greater London UB7 7DN2
£262K02/210.82 mi24, Padcroft Road, West Drayton, Greater London UB7 7RB2
£313K03/210.85 miFlat 15, Rowlock House, Trout Road, West Drayton, Greater London UB7 7FX2
£265K04/210.87 mi6, Peplow Close, West Drayton, Greater London UB7 7XN2
£251.5K11/210.88 mi138, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£255K01/240.9 mi141, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£275K05/230.9 mi113, Admiralty Close, West Drayton, Greater London UB7 9NJ2
£272.2K06/210.91 mi30, Knowles Close, West Drayton, Greater London UB7 8LY2
£112.5K03/230.91 mi14, Knowles Close, Yiewsley, West Drayton, Greater London UB7 8LY2
£280K01/230.91 mi106, Admiralty Close, West Drayton, Greater London UB7 9NJ2

Local Rents

11 rents from £1.5K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,95004/250.13 mi-2
£1,60011/240.24 mi-2
£1,50010/240.27 miWren Drive, West Drayton2
£1,60010/240.27 miWren Drive, West Drayton2
£1,75003/250.34 mi-2
£1,55012/240.39 mi-2
£1,60010/240.48 mi-2
£1,65003/250.56 mi-2
£1,95004/250.62 mi-2
£1,80002/250.62 mi-2
£1,80003/250.62 mi-2

Local Area Statistics

Population in UB7

29,741

Town centre distance

0.56 miles away

Nearest school

0.30 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+61%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £265,000

February 20, 2025

Floor Plans

Description

  • Two double bedroom apartment +
  • Top floor +
  • Two bathrooms +
  • Gated development +
  • Beautiful waterside views +
  • Allocated parking +
  • Communal grounds +
  • Ideal first time or investment purchase +
  • Achievable rental income £1650 pcm +
  • No onward chain +

PROPERTY Waterford house is an old papermill which was converted in the 1990's to the gated riverside development it is today, located within a conservation area. The apartment offers spacious well laid out accommodation with riverside views. Viewing is recommended to appreciate the area and finish of the property 

OUTSIDE Outside there is allocated parking, along with visitor bays, and communal seating areas overlooking the water features of the development. 

LOCATION Waterford House is a sought after gated development, extremely well placed being found on the Middlesex and Buckinghamshire boarder. West Drayton train station being just a five-minute drive away with the Elizabeth line giving easy links to central London and the surrounding areas. Heathrow Airport, Stockley business park and the M4 motorway are also close by. West Drayton high street is within short proximity with its variety of local shops, restaurants, and cafes. A number of high regarded schools in the local area including West Drayton Academy and Laurel Lane primary school.  

TENURE Tenure: Leasehold
Council Tax: D
Lease Remaining: 96
Current ground rent: £300.00 Per Year
Service Charge: £2,082 Per Year

Agent Details

Andrews Residential, Uxbridge

01896 809203

Next Steps?

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