3 Bed Semi-Detached House, Refurb/BRRR, Staines, TW18 1NG, £445,000

Brightside Avenue, Staines-upon-Thames, Surrey, TW18 1NG - 1 views - a month ago

Refurb/BRRR
Planning
ROI: 1%
~93 m²
+16 photos

ValuationFair Value

Sold Prices£360K - £712K
Sold Prices/m²£3.7K/m² - £11K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£445,000

 

 

End Value (After Refurb)

£488,940

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£111,250

Stamp Duty & Legal Fees

£33,200

Refurb Costs

£49,200

Bridging Loan Interest

£11,681

Total Cash In

£207,081

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£488,940

Mortgage (After Refinance)

£366,705

Mortgage LTV

75%

Cash Released

£32,955

Cash Left In

£174,126

Equity

£122,235

Rent Range

£1,590 - £2,800

Rent Estimate

£2,192

Running Costs/mo

£1,986

Cashflow/mo

£206

Cashflow/yr

£2,468

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £360K to £712K, average is £440K. £3.7K/m² to £11K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£425K03/210.03 mi86, Brightside Avenue, Staines, Surrey TW18 1NQ3
£440K12/200.06 mi109, Brightside Avenue, Staines-upon-thames, Surrey TW18 1NH3
£455K02/230.07 mi61, Brightside Avenue, Staines-upon-thames, Surrey TW18 1NF3
£420K04/210.1 mi135, Brightside Avenue, Staines, Surrey TW18 1NH3
£575K05/230.14 mi122, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1HW3
£440K11/210.15 mi35, Berryscroft Road, Staines, Surrey TW18 1ND3
£452K11/200.16 mi16, Arnold Road, Staines-upon-thames, Surrey TW18 1LX3
£450K04/210.18 mi17, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LS3
£528K06/210.18 mi47, Pavilion Gardens, Staines-upon-thames, Surrey TW18 1LS3
£380K11/200.2 mi30, Bingham Drive, Staines, Surrey TW18 1QT3
£440K01/210.21 mi5, Hazel Grove, Staines-upon-thames, Surrey TW18 1JJ3
£373.5K06/210.21 mi159, Elizabeth Avenue, Staines-upon-thames, Surrey TW18 1JN3
£650K07/230.21 mi97, Elizabeth Avenue, Staines-upon-thames, Surrey TW18 1JN3
£507.3K03/210.21 mi32, Templedene Avenue, Staines, Surrey TW18 1LP3
£543K09/230.21 mi48, Templedene Avenue, Staines-upon-thames, Surrey TW18 1LP3
£441K01/230.26 mi3, Bingham Drive, Staines-upon-thames, Surrey TW18 1QX3
£367K03/210.27 mi13, Middle Green, Staines, Surrey TW18 1QZ3
£515K11/200.28 mi9, Ash Grove, Staines, Surrey TW18 1JE3
£510K06/210.29 mi20, Hurstdene Avenue, Staines, Surrey TW18 1JQ3
£565K03/210.29 mi34, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£595K08/230.29 mi46, Hurstdene Avenue, Staines-upon-thames, Surrey TW18 1JQ3
£430K01/210.3 mi29, Ash Grove, Staines, Surrey TW18 1JE3
£712K12/220.31 mi236, Worple Road, Staines-upon-thames, Surrey TW18 1HE3
£360K11/200.31 mi100, Worple Road, Staines-upon-thames, Surrey TW18 1EQ3
£405K04/210.31 mi172, Worple Road, Staines-upon-thames, Surrey TW18 1EQ3
£540K07/210.33 mi24, Cherry Tree Avenue, Staines, Surrey TW18 1JF3
£455K03/210.33 mi18, Cherry Tree Avenue, Staines-upon-thames, Surrey TW18 1JF3
£390K12/200.34 mi55, Bingham Drive, Staines-upon-thames, Surrey TW18 1QX3
£490K12/200.34 mi26, Westbourne Road, Staines, Surrey TW18 1HF3
£425K04/210.34 mi27, The Glade, Staines, Surrey TW18 1ER3
£475K08/230.34 mi59, The Glade, Staines-upon-thames, Surrey TW18 1ER3
£430K06/210.35 mi22, Westbourne Road, Staines, Surrey TW18 1HF3
£538.4K01/210.35 mi272, Worple Road, Staines, Surrey TW18 1HB3
£425K09/230.35 mi103, Shaftesbury Crescent, Staines-upon-thames, Surrey TW18 1QN3
£382K09/210.35 mi111, Shaftesbury Crescent, Staines-upon-thames, Surrey TW18 1QN3
£450K11/220.36 mi88, Shaftesbury Crescent, Staines-upon-thames, Surrey TW18 1QW3
£430K06/210.36 mi22, Westbourne Road, Staines, Surrey TW18 1HF3
£425K03/210.37 mi61, Elizabeth Avenue, Staines-upon-thames, Surrey TW18 1JW3
£422.5K03/210.37 mi45, Elizabeth Avenue, Staines-upon-thames, Surrey TW18 1JW3
£435K03/210.38 mi58, Nursery Gardens, Staines, Surrey TW18 1ET3
£642.5K01/240.38 mi263, Ashford Road, Staines-upon-thames, Surrey TW18 1QR3
£390K06/210.39 mi86, Worple Road, Staines-upon-thames, Surrey TW18 1EG3
£402.5K06/210.39 mi60, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£382K11/200.39 mi62, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£390K11/200.39 mi40, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£510K05/230.39 mi38, Nursery Gardens, Staines-upon-thames, Surrey TW18 1ET3
£420K04/210.39 mi64, Charles Road, Staines, Surrey TW18 1JX3
£601K03/230.39 mi204, Staines Road, Staines-upon-thames, Surrey TW18 2RT3
£420K05/210.4 mi23, Charles Road, Staines-upon-thames, Surrey TW18 1JU3
£512.5K11/200.4 mi117, Ashford Road, Staines-upon-thames, Surrey TW18 1RS3

Local Rents

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

RentDateDistanceAddressBeds 
£1,85010/240.01 miBrightside Avenue, Staines-upon-Thames, Surrey, TW183
£1,85010/240.01 miBrightside Avenue, TW183
£2,20010/240.03 mi-3
£2,30010/240.31 mi-3
£1,80010/240.36 miShaftesbury Crescent, Staines-Upon-Thames3
£2,25003/250.41 mi-3
£2,30010/240.42 miWorple Avenue, Staines-upon-Thames, Surrey, TW183
£2,75010/240.42 mi-3
£1,59010/240.5 miKenilworth Gardens, Staines-Upon-Thames, Surrey, TW183
£2,20010/240.5 mi-3
£2,80010/240.53 mi-3
£2,40010/240.58 mi-3
£2,20011/240.58 mi-3

Local Area Statistics

Population in TW18

25,458

Population in Staines

41,638

Town centre distance

0.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £445,000

March 7, 2025

Floor Plans

Description

  • Three bedrooms +
  • Two reception rooms +
  • Front and back gardens +
  • Driveway +
  • Offering lots of potential +

Ruth Conlon of Keller Williams is pleased to present this three-bedroom property, which has been much loved by the current owners since 1961! A happy home ready to start a new journey with a new owner, this charming semi-detached house on Brightside Avenue in Staines, is brimming with potential. It’s the perfect opportunity for those looking to put their personal touch on a property and make it their own.

The home has always been full of love and music and holds special memories, being the childhood home of Steve Holley, the talented drummer from Paul McCartney's Wings. As well as recording his own music, Steve has also performed with legends like Elton John, Kiki Dee, Joe Cocker, Ian Hunter, Elkie Brooks and many more, adding an undeniable rock-and-roll history to the property. I have really enjoyed hearing all the wonderful stories that the family have experienced over the years.

The ground floor features two generous reception rooms, offering ample space for both relaxing and entertaining. The kitchen, while in need of modernisation, is a blank canvas for creating a culinary haven, perfectly placed to open into the back garden, and perhaps also extended. Upstairs, you’ll find two double bedrooms, a single bedroom, a bathroom, and the loft space, all with great potential for renovation and creating a modern family home.

Outside, the front and back gardens provide plenty of outdoor space for gardening, play, or relaxing. The property also benefits from a shared driveway for added convenience. Please take a look at the demonstration drawings available to show the potential of the home, although any proposed extensions would need to be subject to the usual planning permissions and consents.

The property is ideally located in a quiet and friendly neighbourhood, a short distance from Staines town centre, where you’ll find a wealth of shops, restaurants, and cafes. With excellent transport links, including Staines railway station offering direct access to London Waterloo, commuting couldn’t be easier. The nearby M25 and M3 motorways provide quick routes to other key locations, making it perfect for those who need to travel for work or leisure; and Heathrow airport is also a short drive away. The area is also well served by local parks, good schools, and recreational facilities, making it an excellent choice for families.

Extensive modernisation is required throughout, including the replacement of the boiler, which currently isn’t operational. However, with some vision and work, this property could be transformed into a stunning home that matches your style and needs. The possibilities are endless – don’t miss out on the chance to make this house your own!

What does the current owner love?

Having lived in this home most of her life, it will be sad to say goodbye to this family home after being extremely happy there and making lots of great memories. This is a head over heart decision to move, needing to think about more suitable accommodation for her mobility needs. Brightside Avenue is a happy street with a nice community, and it is a convenient place to live.

What do I love?

This is such a great opportunity to secure a family home in a convenient location. Being able to put your own stamp on it is a great excuse to scroll on Pinterest and design something you really love, to your own taste.
Council tax band: D

Agent Details

Keller Williams Oxygen, Maidenhead

020 3835 2573

Next Steps?

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