5 Bed HMO, Barnstaple, EX32 8BJ, £250,000
Fort Street, Barnstaple, EX32 8BJ - 7 views - 2 years ago
HMO
ROI: 18%
~137 m²





+3 photos
ValuationUndervalued
Sold Prices | £257.5K - £707K |
Sold Prices/m² | £1.9K/m² - £7.8K/m² |
| |
Square Metres | ~137 m² |
Price/m² | £1.8K/m² |
Value Estimate | £300,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £71,200 |
| |
Cash Out | |
Room Rate | £611 |
Gross Rent | £3,055 |
Running Costs/mo | £1,976 |
Cashflow/mo | £1,079 |
Cashflow/yr | £12,942 |
ROI | 18% |
Gross Yield | 15% |
Local Sold Prices
20 sold prices from £257.5K to £707K, average is £460.5K. £1.9K/m² to £7.8K/m², average is £2.9K/m².
Local Area Statistics
Population in EX32 | 23,896 |
Population in Barnstaple | 48,982 |
Town centre distance | 0.34 miles away |
Nearest school | 0.70 miles away |
Nearest train station | 0.58 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +33% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +13% |
Property History
Listed for £250,000
June 7, 2023
Sold for £115,000
2004
Sold for £65,500
2000
Floor Plans

Description
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