2 Bed Flat, Single Let, Southampton, SO19 6HP, £140,000
Warburton Close, Southampton, Hampshire, SO19 6HP - 2 views - 3 years ago
Leasehold
BTL
ROI: 11%
~68 m²





+4 photos
ValuationUndervalued
Sold Prices | £84K - £325K |
Sold Prices/m² | £1.2K/m² - £5.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.1K/m² |
Value Estimate | £167,575 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £35,000 |
Stamp Duty & Legal Fees | £5,400 |
Total Cash In | £40,400 |
| |
Cash Out | |
Rent Range | £900 - £1,395 |
Rent Estimate | £1,019 |
Running Costs/mo | £661 |
Cashflow/mo | £358 |
Cashflow/yr | £4,292 |
ROI | 11% |
Gross Yield | 9% |
Local Sold Prices
32 sold prices from £84K to £325K, average is £160K. £1.2K/m² to £5.4K/m², average is £2.5K/m².
Local Rents
20 rents from £900/mo to £1.4K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SO19 | 55,875 |
Population in Southampton | 428,247 |
Town centre distance | 2.94 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.54 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Listed for £140,000
May 26, 2022
Floor Plans

Description
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