2 Bed Flat, Single Let, Potters Bar, EN6 3EL, £300,000





ValuationUndervalued
Sold Prices | £225K - £590K |
Sold Prices/m² | £3.5K/m² - £8K/m² |
| |
Square Metres | ~61.70 m² |
Price/m² | £4.9K/m² |
Value Estimate | £333,726 |
BMV | 11% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £75,000 |
Stamp Duty & Legal Fees | £12,700 |
Total Cash In | £87,700 |
| |
Cash Out | |
Rent Range | £1,395 - £2,950 |
Rent Estimate | £1,563 |
Running Costs/mo | £1,270 |
Cashflow/mo | £293 |
Cashflow/yr | £3,515 |
ROI | 4% |
Gross Yield | 6% |
Local Sold Prices
24 sold prices from £225K to £590K, average is £347.8K. £3.5K/m² to £8K/m², average is £5.9K/m².
Local Rents
18 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 | 0.80 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.43 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +16% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £300,000
April 18, 2024
Sold for £182,000
2011
Sold for £182,000
2007
Sold for £122,500
2001
Sold for £65,000
1995
Floor Plans

Description
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