Spacious 2 bedroom ground floor flat | 140 years lease | ub3 hayes

£269,950 Guide Price

2

Bedrooms

1

Bathrooms

1

Reception

Floorplan

Kronos Estate Agents proudly presents this well-maintained, chain-free 2-bedroom ground floor apartment located on Evergreen Way, Hayes UB3 perfect for first-time buyers and savvy investors alike.

Set in a popular and peaceful residential development, this spacious home benefits from a long lease (140+ years remaining), allocated off-road parking, gas central heating, and double glazing throughout.

The property features a bright and airy 159" x 114" reception room, a recently fitted kitchen with gloss white cabinets, integrated appliances, and stainless steel finishes, two well-sized bedrooms with real wood flooring, and a tiled bathroom with mixer shower, radiator, and extractor fan.

Outside, residents enjoy access to communal gardens laid to lawn ideal for families or relaxation.

Situated just minutes from Hayes Town Centre and a short commute to Hayes & Harlington Station (Elizabeth Line), the flat is superbly located for transport, local amenities, and top-rated schools.

Whether you're seeking your first home or a high-yield rental opportunity, this property ticks every box.

Key Features

Ground Floor Flat in Secure Block

Two Bedrooms, One Bathroom

Gas Central Heating + Double Glazing

EPC Rating: C (73), Potential: 78

Leasehold 140+ years

No onward chain

Contact Kronos Estate Agents today to arrange your viewing early interest expected.

Nearest Stations:

0.75 miles
Hayes and Harlington
1.99 miles
Southall
2.13 miles
West Drayton
2.99 miles
Hillingdon
3.15 miles
South Ruislip

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 225408.75

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6748.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 22946.25
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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