7 Bed HMO, Hayes, UB4 0AJ, £675,000

62 Gledwood Drive, Hayes, Middlesex, UB4 0AJ - 7 views - 14 days ago

HMO
ROI: 9%
137 m²
+12 photos

ValuationFair Value

Sold Prices£430K - £760K
Sold Prices/m²£3.2K/m² - £8K/m²

 

 

Square Metres

137 m²
Price/m²£4.9K/m²

Value Estimate

£680,142

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£168,750

Stamp Duty & Legal Fees

£56,200

Total Cash In

£224,950

 

 

Cash Out

 

Room Rate

£857

Gross Rent

£5,999

Running Costs/mo

£4,255

Cashflow/mo

£1,744

Cashflow/yr

£20,927

ROI

9%

Gross Yield

11%

Local Sold Prices

45 sold prices from £430K to £760K, average is £535K. £3.2K/m² to £8K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£430K03/210.02 mi91, Gledwood Drive, Hayes, Greater London UB4 0AJ4
£620K04/230.1 mi41, Gledwood Gardens, Hayes, Greater London UB4 0AT4
£475K06/210.14 mi65, Gledwood Avenue, Hayes, Greater London UB4 0AW4
£610K07/230.28 mi26, Regents Close, Hayes, Greater London UB4 8JY4
£505K01/210.32 mi87, Warwick Crescent, Hayes, Greater London UB4 8RQ4
£580K04/210.39 mi75, Raynton Drive, Hayes, Greater London UB4 8BG4
£460K11/200.4 mi6, Mansfield Drive, Hayes, Greater London UB4 8DZ4
£492K12/200.43 mi22, Dunbar Close, Hayes, Greater London UB4 0DF4
£490K06/210.44 mi83, Dale Drive, Hayes, Greater London UB4 8AU4
£575K12/220.46 mi42, Mansfield Drive, Hayes, Greater London UB4 8EA4
£474.9K06/210.47 mi252, Lansbury Drive, Hayes, Greater London UB4 8SL4
£510K07/210.5 mi35, Derwent Drive, Hayes, Greater London UB4 8DR4
£510K01/210.51 mi352, Balmoral Drive, Hayes, Greater London UB4 8DL4
£738K03/210.53 mi8, Welwyn Way, Hayes, Greater London UB4 8DX4
£725K11/200.62 mi10, Yeading Lane, Hayes, Greater London UB4 0EX4
£700K02/210.62 mi8, Yeading Lane, Hayes, Greater London UB4 0EX4
£760K03/210.63 mi31, Freemans Lane, Hayes, Greater London UB3 2NQ4
£565K05/210.67 mi5, Arden Close, Hayes, Greater London UB4 9UZ4
£530K05/230.68 mi331, Lansbury Drive, Hayes, Greater London UB4 8RZ4
£515K02/210.69 mi21, Weymouth Road, Hayes, Greater London UB4 8NE4
£700K06/210.69 mi54a, Wimborne Avenue, Hayes, Greater London UB4 0HQ4
£700K06/210.71 mi54a, Wimborne Avenue, Hayes, Greater London UB4 0HQ4
£541K11/210.71 mi135, Adelphi Crescent, Hayes, Greater London UB4 8ND4
£600K06/210.73 mi83, Hayes End Road, Hayes, Greater London UB4 8EJ4
£570K02/230.75 mi177, Kingshill Avenue, Northolt, Greater London UB5 6NY4
£470K03/230.75 mi96, Church Road, Hayes, Greater London UB3 2LL4
£500K06/210.76 mi82, Weymouth Road, Hayes, Greater London UB4 8NH4
£500K03/210.78 mi143, Varcoe Gardens, Hayes, Greater London UB3 2FJ4
£500K12/200.78 mi147, Varcoe Gardens, Hayes, Greater London UB3 2FJ4
£490K01/210.79 mi35, Barnhill Road, Hayes, Greater London UB4 9AP4
£585K06/210.79 mi28, Barnhill Road, Hayes, Greater London UB4 9AP4
£570K06/210.8 mi34, Barnhill Road, Hayes, Greater London UB4 9AP4
£495K03/210.82 mi71, Hayes End Drive, Hayes, Greater London UB4 8HE4
£535K04/210.84 mi19, Bournemead Avenue, Northolt, Greater London UB5 6PU4
£600K12/220.86 mi24, Meadow View Road, Hayes, Greater London UB4 8EZ4
£680K10/230.87 mi15, Mellow Lane East, Hayes, Greater London UB4 8ER4
£445K04/210.88 mi11, Commonwealth Avenue, Hayes, Greater London UB3 2PL4
£537.5K10/200.89 mi128, Cromwell Road, Hayes, Greater London UB3 2PU4
£505K05/210.91 mi41, Lime Grove, Hayes, Greater London UB3 1JL4
£650K06/210.93 mi39, Mellow Lane East, Hayes, Greater London UB4 8ES4
£600K10/230.95 mi89, Dorchester Waye, Hayes, Greater London UB4 0HY4
£525K06/230.96 mi113, Cranborne Waye, Hayes, Greater London UB4 0HR4
£500K03/230.97 mi37, Church Road, Hayes, Greater London UB3 2LB4
£560K09/220.97 mi3, Kendal Close, Hayes, Greater London UB4 8SX4
£515K06/210.99 mi90, Willow Tree Lane, Hayes, Greater London UB4 9BL4

Local Area Statistics

Population in UB4

39,573

Population in Hayes

88,047

Town centre distance

0.97 miles away

Nearest school

0.10 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £675,000

March 27, 2025

Floor Plans

Description

  • Extended Semi Detached House +
  • Full width Rear Extension +
  • Loft Conversion +
  • HMO Licensed +
  • 7 Rentable Rooms including 2 Studio Rooms +
  • Double Glazed +
  • Recently Refitted Kitchen +
  • Modern Bathroom Facilities +

A Unique opportunity to purchase this 7 bedroom, 4 bathroom semi detached HMO Investment property.
The property has recent been upgraded with new kitchen units, bathroom fittings and has been redecorated throughout. Features include double glazed windows and Gas Central Heating. Expected income is £72,000 pa

Covered Entrance - Double Glazed door to

Entrance Hall - stairs to first floor, doors to

Room 1 - 3.54 x 3.63 (11'7" x 11'10") -

Room 2 - 3.42 x 2.46 (11'2" x 8'0") -

Inner Hallway - doors to

Shower Room - Fully tiled shower cubicle, wash hand basin, wc

Sitting Area - 2.81 x 2.97 (9'2" x 9'8") -

Kitchen/ Breakfast Room - 5.09 x 2.98 (16'8" x 9'9") - Modern kitchen units, built in electric over and hob

Stairs To First Floor - Stairs to second floor, laundry area, doors to

Bathroom - 2.08 x 1.57 (6'9" x 5'1") -

Room 3 - 3.66 x 3.19 (12'0" x 10'5") -

Room 4 - 3.68 x 3.12 narrow to 2.48 (12'0" x 10'2" narrow t -

Room 5 - 2.97 x 2.45 (9'8" x 8'0") -

Stairs To Second Floor - Doors to

Room 6 - Studio - 3.59 x 2.87 (11'9" x 9'4") - Self contained with kitchenette, door to

En-Suite Shower -

Room 7 - Studio - 2.77 x 2.88 (9'1" x 9'5") - Self Contained with Kitchenette,, sink, 2 ring electric hob, door to

En Suite Bathroom -

Outside -

Front - Off street Parking for 1 car

Rear - fully paved rear garden enclosed by panel fencing

Agent Details

Evans & Company, Greenford/Hayes - Sales

020 3879 5960

Next Steps?

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