This property was removed from Dealsourcr.
6 Bed HMO, Gloucester, GL1 5AU £300,000
3 Weston Road, Gloucestershire, GL1 5AU - 43 views - 2 years ago
Sold STC
HMO
Outside Article 4
ROI: 15%
142 m²
ValuationUndervalued
| Sold Prices | £250K - £712K |
| Sold Prices/m² | £1.1K/m² - £7K/m² |
| |
Square Metres | 142 m² |
| Price/m² | £2.1K/m² |
Value Estimate | £362,245 |
| BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £75,000 |
Stamp Duty & Legal Fees | £12,700 |
Total Cash In | £87,700 |
| |
Cash Out | |
Room Rate | £563 |
Gross Rent | £3,378 |
Running Costs/mo | £2,304 |
Cashflow/mo | £1,074 |
Cashflow/yr | £12,883 |
ROI | 15% |
Gross Yield | 14% |
Local Sold Prices
12 sold prices from £250K to £712K, average is £410K. £1.1K/m² to £7K/m², average is £2.9K/m².
Local Area Statistics
Population in GL1 | 34,172 |
Population in Gloucester | 173,084 |
Town centre distance | 0.70 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.67 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +28% |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Listed for £300,000
December 26, 2023
Sold for £154,000
2007
Floor Plans
Description
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