2 Bed Flat, Single Let, Staines, TW18 2QX, £200,000

8 The Doultons, Octavia Way, Staines-upon-Thames, Surrey TW18 2QX - 1 views - a month ago

Leasehold
BTL
ROI: 10%
55 m²
+4 photos

ValuationUndervalued

Sold Prices£220K - £425K
Sold Prices/m²£3.7K/m² - £8.5K/m²

 

 

Square Metres

55 m²
Price/m²£3.6K/m²

Value Estimate

£240,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£1,300 - £2,500

Rent Estimate

£1,431

Running Costs/mo

£931

Cashflow/mo

£500

Cashflow/yr

£5,998

ROI

10%

Gross Yield

9%

Local Sold Prices

38 sold prices from £220K to £425K, average is £307.3K. £3.7K/m² to £8.5K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£230K10/200.06 mi207a, Laleham Road, Staines-upon-thames, Surrey TW18 2NS2
£325K01/210.25 mi28, Penton Road, Staines, Surrey TW18 2JY2
£337.5K01/210.33 miFlat A, 182, Worple Road, Staines-upon-thames, Surrey TW18 1EH2
£358K09/230.34 miFlat 7, Swandrift, Riverside Road, Staines-upon-thames, Surrey TW18 2LE2
£340K12/200.34 miFlat 2, Thames Bank, Riverside Road, Staines, Surrey TW18 2LE2
£302.8K03/230.34 miFlat 7, Onslow Lodge, Riverside Road, Staines-upon-thames, Surrey TW18 2LE2
£285K09/210.34 mi62a, Avondale Avenue, Staines, Surrey TW18 2NQ2
£270K04/210.34 mi72a, Avondale Avenue, Staines, Surrey TW18 2NQ2
£292K07/230.34 mi72a, Avondale Avenue, Staines-upon-thames, Surrey TW18 2NQ2
£307K07/230.39 mi14a, Penton Avenue, Staines-upon-thames, Surrey TW18 2NB2
£277K04/210.4 mi7a, Penton Avenue, Staines, Surrey TW18 2NA2
£320K07/230.42 mi93c, Avondale Avenue, Staines-upon-thames, Surrey TW18 2NE2
£340K10/200.42 mi124, Avondale Avenue, Staines, Surrey TW18 2NF2
£275K06/210.42 mi95, Edgell Road, Staines, Surrey TW18 2EN2
£325K04/210.43 mi26, Budebury Road, Staines, Surrey TW18 2AX2
£220K12/220.44 mi116, Avondale Avenue, Staines-upon-thames, Surrey TW18 2NF2
£265K03/210.49 mi142, Kingston Road, Staines, Surrey TW18 1BL2
£345K04/210.49 miFlat 7, Hooper Court, Gresham Road, Staines, Surrey TW18 2AU2
£289K10/210.6 mi31a, Brightside Avenue, Staines, Surrey TW18 1NE2
£360K04/230.7 mi30d, Riverside Drive, Staines-upon-thames, Surrey TW18 3JN2
£295K03/230.73 miFlat 8, Heron Court, Leacroft Close, Staines-upon-thames, Surrey TW18 4NP2
£330K02/230.74 mi58, Sidney Road, Staines-upon-thames, Surrey TW18 4LX2
£340K07/230.75 mi11, Simmons Place, Staines-upon-thames, Surrey TW18 3HW2
£335K06/210.75 mi7, Simmons Place, Staines, Surrey TW18 3HW2
£285K04/230.76 mi4, The Fernery, Staines-upon-thames, Surrey TW18 3JJ2
£312K02/210.76 mi7, The Fernery, Staines-upon-thames, Surrey TW18 3JJ2
£307.5K09/210.85 mi119, London Road, Staines-upon-thames, Surrey TW18 4HN2
£310K03/210.85 mi115, London Road, Staines, Surrey TW18 4HN2
£425K04/210.87 miFlat 56, Thames Edge Court, Clarence Street, Staines, Surrey TW18 4BU2
£350K11/230.92 miFlat 13, Manor Court, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT2
£360K11/230.92 miManor Court, Flat 21, Thorpe Road, Staines-upon-thames, Surrey TW18 3HT2
£230K06/210.92 miFlat 14, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT2
£285K03/210.92 miFlat 13, Manor Court, Thorpe Road, Staines, Surrey TW18 3HT2
£270.5K06/210.93 mi20, Swallow Close, Staines, Surrey TW18 4RS2
£295.5K12/200.94 mi34, Philip Road, Staines, Surrey TW18 1PW2
£296K02/210.94 mi6, Philip Road, Staines, Surrey TW18 1PW2
£284K09/210.94 mi63, Waters Drive, Staines, Surrey TW18 4RT2
£330K04/210.97 mi4, Old School Mews, Staines, Surrey TW18 3HX2

Local Rents

26 rents from £1.3K/mo to £2.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,65010/240.12 mi-2
£1,60010/240.23 miStaines, Surrey2
£1,60010/240.24 miLaleham Road, Staines-upon-Thames, TW182
£1,80010/240.26 mi-2
£1,80010/240.26 mi-2
£1,80010/240.26 mi-2
£1,50010/240.27 miLaleham Road, Staines-upon-Thames, Surrey, TW182
£1,50010/240.3 mi-2
£1,55012/240.3 mi-2
£1,58004/250.31 mi-2
£1,70011/240.36 mi-2
£1,50004/250.36 mi-2
£1,30010/240.37 miWorple Road, Staines Upon Thames, TW182
£1,45010/240.42 miEdgell Road, Staines-upon-Thames, Surrey, TW182
£1,49502/250.49 mi-2
£1,69502/250.5 mi-2
£2,45010/240.53 mi-2
£2,00001/250.54 mi-2
£1,80010/240.54 miStaines-upon-Thames, Surrey, TW182
£2,00010/240.56 mi-2
£2,50012/240.56 mi-2
£1,69512/240.56 mi-2
£1,62510/240.57 miPullmans Place, Staines, Middlesex, TW182
£1,75010/240.6 miStaines2
£1,50010/240.61 miSt. James Court, 58-60 Kingston Road, Staines-upon-Thames, Surrey, TW182
£1,50010/240.61 miKingston Road, Staines, TW182

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

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £200,000

March 17, 2025

Floor Plans

Description

  • Two Bedrooms +
  • First Floor Flat +
  • Warden Assisted Development +
  • Communal Lounge and Kitchen +
  • Well Maintained Communal Gardens +
  • Convenient Location +

This beautifully presented and recently modernised two-bedroom first-floor flat is located in a highly sought-after warden-assisted development, just a short distance from Staines Town Centre and local amenities, offering the perfect blend of comfort and convenience.

This beautifully presented and recently modernised two-bedroom first-floor flat is located in a highly sought-after warden-assisted development, just a short distance from Staines Town Centre and local amenities, offering the perfect blend of comfort and convenience. The flat comprises two well-sized bedrooms, providing ample space for personal storage. The spacious, bright lounge offers a relaxing space for both day-to-day living and entertaining. The modern kitchen is fully equipped, and the stylish bathroom adds to the overall appeal of the property. Residents of the development benefit from access to a communal lounge and kitchen, as well as additional washing facilities. The well-maintained communal gardens are private and peaceful, offering a perfect place to unwind. This flat is an excellent choice for those looking for a secure, modern, and low-maintenance home within a friendly and supportive community. EPC Rating C.
Spelthorne Borough Council, Council Tax Band C being £2,048.52 for 2024/25.
Leasehold Information: We have been advised that there are approximately 86 years unexpired on the current Lease. The current Service/Maintenance Charge is £3,696.00 per annum with the current Ground Rent being £150.00 per annum.

Agent Details

The Frost Partnership, Staines

01784 771404

Next Steps?

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