2 Bed Flat, Single Let, Potters Bar, EN6 3HU, £250,000
Kimptons Close, Potters Bar, EN6 3HU - 2 years ago
Sold STC
Leasehold
BTL
ROI: 8%
~81 m²





+2 photos
ValuationUndervalued
Sold Prices | £200K - £590K |
Sold Prices/m² | £3.5K/m² - £8.2K/m² |
| |
Square Metres | ~81.20 m² |
Price/m² | £3.1K/m² |
Value Estimate | £302,500 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £71,200 |
| |
Cash Out | |
Rent Range | £1,395 - £2,950 |
Rent Estimate | £1,606 |
Running Costs/mo | £1,122 |
Cashflow/mo | £484 |
Cashflow/yr | £5,803 |
ROI | 8% |
Gross Yield | 8% |
Local Sold Prices
36 sold prices from £200K to £590K, average is £337.5K. £3.5K/m² to £8.2K/m², average is £5.5K/m².
Local Rents
20 rents from £1.4K/mo to £3K/mo, average is £1.8K/mo.
Local Area Statistics
Population in EN6 | 29,067 |
Population in Potters Bar | 29,075 |
Town centre distance | 1.17 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.74 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +16% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £250,000
December 22, 2022
Floor Plans

Description
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