2 Bed Flat, Planning Permission, Feltham, TW13 4GA, £265,000

HAMLYN HOUSE High Street, Feltham, Greater London, TW13 4GA - 5 views - 7 months ago

Sold STC
Leasehold
Planning
ROI: 8%
44 m²
+3 photos

ValuationOvervalued

Sold Prices£190K - £475K
Sold Prices/m²£3.1K/m² - £6.6K/m²

 

 

Square Metres

44.13 m²
Price/m²£6K/m²

Value Estimate

£211,824

 

 

End Value (After Refurb)

£212,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Refurb Costs

£23,346

Bridging Loan Interest

£6,956

Total Cash In

£108,202

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£212,000

Mortgage (After Refinance)

£159,000

Mortgage LTV

75%

Cash Left In

£108,202

Equity

£53,000

Rent Range

£500 - £2,250

Rent Estimate

£1,756

Running Costs/mo

£1,034

Cashflow/mo

£722

Cashflow/yr

£8,668

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £190K to £475K, average is £275K. £3.1K/m² to £6.6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£255K03/240.01 miHamlyn House, Flat 31, High Street, Feltham, Greater London TW13 4GA2
£232K06/230.01 miFlat 22, Hamlyn House, High Street, Feltham, Greater London TW13 4GA2
£275K03/210.03 miFlat 64, Camellia House, Tilley Road, Feltham, Greater London TW13 4GJ2
£280K08/230.03 miFlat 28, Camellia House, Tilley Road, Feltham, Greater London TW13 4GJ2
£274K09/210.04 miFlat 24, Azalea House, Bedfont Lane, Feltham, Greater London TW13 4GB2
£269K08/210.14 miFlat 39, Berberis House, Highfield Road, Feltham, Greater London TW13 4GP2
£295K10/230.14 miFlat 120, Berberis House, Highfield Road, Feltham, Greater London TW13 4GR2
£206K12/220.14 miFlat 77, Berberis House, Highfield Road, Feltham, Greater London TW13 4GP2
£268K03/210.14 miFlat 46, Berberis House, Highfield Road, Feltham, Greater London TW13 4GP2
£260K01/230.14 miFlat 97, Berberis House, Highfield Road, Feltham, Greater London TW13 4GQ2
£230K11/200.19 mi97, Southern Avenue, Feltham, Greater London TW14 9NE2
£330K08/230.21 mi20, Hanworth Road, Feltham, Greater London TW13 5AB2
£275K06/210.24 mi47, Florence Road, Feltham, Greater London TW13 5AN2
£260K04/210.25 mi31, Eldridge Close, Feltham, Greater London TW14 9NF2
£275K03/240.31 mi12, Park Way, Feltham, Greater London TW14 9DJ2
£321K11/220.34 mi36, Hounslow Road, Feltham, Greater London TW14 9DG2
£313K07/220.35 mi17, Park Way, Feltham, Greater London TW14 9DH2
£250.5K03/210.41 mi16, Pacific Close, Feltham, Greater London TW14 9XE2
£317.5K08/210.41 miFlat 3, Fredellen Maisonettes, Alfred Road, Feltham, Greater London TW13 5DQ2
£475K11/200.47 mi7a, Vineyard Road, Feltham, Greater London TW13 4HQ2
£315K09/220.56 mi48, Shakespeare Avenue, Feltham, Greater London TW14 9HX2
£250K07/210.57 mi294, Redford Close, Feltham, Greater London TW13 4TH2
£295K08/230.6 mi143, Field Road, Feltham, Greater London TW14 0BQ2
£285K12/220.63 mi368, Redford Close, Feltham, Greater London TW13 4TL2
£285K02/210.65 mi73, Oak Way, Feltham, Greater London TW14 8AT2
£295K08/230.65 mi71, Oak Way, Feltham, Greater London TW14 8AT2
£240K03/210.65 mi190, Redford Close, Feltham, Greater London TW13 4TF2
£240K01/210.65 mi193, Redford Close, Feltham, Greater London TW13 4TF2
£232K11/200.65 mi423, Redford Close, Feltham, Greater London TW13 4TN2
£300K05/240.66 mi69, Burns Avenue, Feltham, Greater London TW14 9LX2
£246K11/220.67 mi155, Redford Close, Feltham, Greater London TW13 4TE2
£280K07/220.67 mi70, Harlington Road West, Feltham, Greater London TW14 0JJ2
£268.5K01/210.68 miFlat 3, Cromwell Lodge, Bedfont Road, Feltham, Greater London TW13 4JX2
£260K08/220.68 mi36, Oak Way, Feltham, Greater London TW14 8AS2
£300K11/230.73 mi9, Foxwood Close, Feltham, Greater London TW13 7DN2
£190K11/200.76 mi60, Deerhurst Close, Feltham, Greater London TW13 7HT2
£265K10/210.77 mi43, Elmcroft Close, Feltham, Greater London TW14 9HH2
£240K04/210.77 mi30, Elmcroft Close, Feltham, Greater London TW14 9HH2
£320K11/220.78 mi321a, Bedfont Lane, Feltham, Greater London TW14 9SB2
£238K01/210.78 mi31, Elmcroft Close, Feltham, Greater London TW14 9HH2
£258K08/210.79 mi421, Staines Road, Feltham, Greater London TW14 9HA2
£300K12/200.8 mi59, Ludlow Road, Feltham, Greater London TW13 7JE2
£300K07/220.81 mi31, The Vale, Feltham, Greater London TW14 0JZ2
£258K06/210.82 miFlat 45, Azure Court, Elvedon Road, Feltham, Greater London TW13 4RR2
£294K03/210.82 mi83, The Vale, Feltham, Greater London TW14 0JY2
£290K08/230.83 miFlat 44, Azure Court, Elvedon Road, Feltham, Greater London TW13 4RR2
£309.5K09/230.83 mi4, The Vale, Feltham, Greater London TW14 0JY2
£280K03/210.84 mi33, Amesbury Road, Feltham, Greater London TW13 5HH2
£265K12/200.84 mi77, Amesbury Road, Feltham, Greater London TW13 5HH2
£277K05/210.84 mi13, Amesbury Road, Feltham, Greater London TW13 5HH2

Local Rents

50 rents from £500/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,95010/240.03 mi-2
£1,80004/250.03 mi-2
£1,80004/250.03 mi-2
£50004/250.03 mi-2
£1,75004/250.03 mi-2
£1,70004/250.03 mi-2
£1,70010/240.04 miBedfont Lane, Feltham2
£1,65004/250.11 mi-2
£1,64904/250.12 mi-2
£1,95004/250.12 mi-2
£1,85004/250.13 mi-2
£1,75012/240.13 mi-2
£1,72501/250.13 mi-2
£1,85003/250.13 mi-2
£1,85004/250.13 mi-2
£1,75002/250.13 mi-2
£1,80002/250.13 mi-2
£1,95002/250.13 mi-2
£1,84004/250.13 mi-2
£1,75001/250.13 mi-2
£1,59511/240.13 mi-2
£1,75011/240.15 mi-2
£1,95002/250.15 mi-2
£2,25004/250.16 mi-2
£1,95002/250.16 mi-2
£1,69503/250.17 mi-2
£1,80004/250.21 mi-2
£1,75001/250.21 mi-2
£1,85001/250.21 mi-2
£1,85004/250.21 mi-2
£1,80010/240.21 miKings House, Feltham, TW132
£1,79910/240.21 mi-2
£1,60011/240.28 mi-2
£2,00010/240.29 mi-2
£1,80012/240.31 mi-2
£1,85004/250.35 mi-2
£1,50010/240.36 miPark Way, Feltham, TW142
£1,77504/250.36 mi-2
£1,60011/240.36 mi-2
£1,80001/250.37 mi-2
£1,80003/250.37 mi-2
£1,75010/240.37 miCravan Avenue, FELTHAM2
£1,70010/240.38 miChurchill Close, Feltham, Middlesex, TW142
£1,75010/240.38 miCravan Avenue, FELTHAM2
£1,65001/250.38 mi-2
£1,95004/250.39 mi-2
£1,85004/250.4 mi-2
£2,20003/250.41 mi-2
£1,79502/250.41 mi-2
£1,42502/240.45 mi-2

Local Area Statistics

Population in TW13

36,127

Population in Feltham

64,101

Town centre distance

0.17 miles away

Nearest school

0.10 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £265,000

October 1, 2024

Sold for £215,000

2005

Floor Plans

Description

  • 143 YEAR LEASE +
  • EPC RATING - C +
  • COUNCIL TAX BAND C - £1770 P.A. +
  • GROUND RENT - £278 P.A. +
  • SERVICE CHARGE - £2600 P.A. +
  • NO ONWARD CHAIN +

ENTRANCE HALL:  Entryphone, two storage cupboards.

LLIVING ROOM/KITCHEN:  22.9 x 13.4 (6.93 x 4.06m), Sliding patio doors to Balcony, two radiators, double glazed, tiled floor in kitchen area, range of base and wall cabinets, laminated worksurfaces, stainless steel sink with mixer tap, built in electric hob and oven, tiled splashback, space for fridge/freezer, plumbed for washing machine, storage cupboard, extractor fan.

BEDROOM 1:  16.6 x 8.7 (5.03 x 2.62m), Double glazed, radiator, built in cupboard (wardrobe).

BEDROOM 2:  15.6 x 6.3 (4.72 x 1.91m), Double glazed, radiator.

BATHROOM:  8 x 5.1 (2.44 x 1.55m), Tiled floor, panelled bath with mixer tap and wall mounted shower, wash hand basin with storage unit, low level W.C., part tiled walls, extractor fan.

OUTSIDE PARKING SPACE

LEASE:  143 years.

SERVICE CHARGE: £2600 p.a.

GROUND RENT:  £278 p.a.

STAMP DUTY PAYABLE:  £0 For first time purchasers.  £750 If you have ever owned or part owned another property.
£14,000 (If the purchase results in owning two or more properties).

COUNCIL TAX BAND:  C - £1770 p.a.

ENERGY PERFORMANCE CERTIFICATE RATING:  C
TOTAL FLOOR AREA:  59 Sq. Mtrs.

VIEWING:  By appointment through this office only on .  We are open Monday to Friday 9.00am to 6.00pm and Saturday 9.00am to 4.00pm.

PROPERTY MISDESCRIPTIONS ACT:  For clarification, we wish to inform prospective purchasers that we have not carried out a detailed survey, nor tested the services, appliances and specific fittings for this property.  Your solicitor should check any rights of way or planning permission for any extensions which may have been carried out.

Agent Details

Forest Estate Agents, Feltham

020 3869 4830

Next Steps?

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