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Speart Lane, Hounslow

Unknown Region

£795,000
Listed on 30/12/2023

Property Details

Bedrooms
4
Type
Detached house
Area
1560 sqft

Description

This detached home offers a generous layout with four bedrooms and presents significant renovation and investment opportunities. The ground floor boasts a welcoming entrance hallway that leads to three spacious reception rooms, providing flexibility for various living arrangements. Additionally, there’s a fourth bedroom, a fully equipped kitchen, and a practical shower room, catering to both family life and entertaining. On the upper level, you'll find three well-proportioned bedrooms along with a family bathroom. Each space within the home has the potential for modernization or reconfiguration to suit contemporary tastes and needs. The exterior features a paved driveway, allowing for convenient off-street parking, while the large rear garden includes a patio area ideal for outdoor activities or gardening enthusiasts. The property is situated on a plot that allows for potential extensions or improvements (subject to planning permission), making it an appealing option for buyers looking to increase its value. Located in a community-oriented area, this home is just moments away from local shops, reputable schools, and essential amenities. With Hounslow West and Hounslow Central Underground stations nearby, the property benefits from excellent public transport links that facilitate easy commutes. This combination of location and potential makes it an interesting prospect for those looking to invest in residential real estate.

Investment Analysis

(TW5 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£510/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£459
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£79,500 - £198,750
10-25% of property value
Target Value
£825,911
10% above area average per sq ft
Potential ROI
-16.9%
After renovation
Monthly Sales
10
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TW5)

Area prices are falling by +6.7% over the last 12 months
3 year growth: 8.6%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on TW5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Speart Lane, Hounslow
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