2 Bed Terraced House, Potential PLO/LOA, Gainsborough, DN21 1JQ, £70,000
37 Linden Terrace, Gainsborough, Lincolnshire, DN21 1JQ - 10 views - 2 years ago
Negative Equity
ROI: 7%
68 m²





+3 photos
ValuationOvervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £17,500 |
Stamp Duty & Legal Fees | £3,300 |
Total Cash In | £20,800 |
| |
Cash Out | |
Rent Range | £450 - £825 |
Rent Estimate | £450 |
Running Costs/mo | £329 |
Cashflow/mo | £121 |
Cashflow/yr | £1,455 |
ROI | 7% |
Gross Yield | 8% |
Local Rents
19 rents from £450/mo to £825/mo, average is £540/mo.
Local Area Statistics
Population in DN21 | 36,969 |
Population in Gainsborough | 37,066 |
Town centre distance | 0.55 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.36 miles away |
| |
Rental demand | Landlord's market |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Listed for £70,000
-7%
August 14, 2023
Sold for £75,000
2008
Sold for £40,000
2007
Floor Plans

Description
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