2 Bed Flat, Single Let, Bideford, EX39 1HS, £145,000

29 Link House, Westward Ho!, Bideford, Devon, EX39 1HS - 1 views - a year ago

Under Offer

BTL

ROI: 3%

64 m²

+6 photos

ValuationUndervalued

Sold Prices	£88K - £435K
Sold Prices/m²	£2K/m² - £3.9K/m²

Square Metres	64.21 m²
Price/m²	£2.3K/m²
Value Estimate	£168,308£168,308
BMV	16%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£36,250£36,250
Stamp Duty & Legal Fees	£8,450£8,450
Total Cash In	£44,700£44,700

Cash Out
Rent Range	£640 - £1,100£640 - £1,100
Rent Estimate	£716
Running Costs/mo	£616£616
Cashflow/mo	£100£100
Cashflow/yr	£1,196£1,196
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

23 sold prices from £88K to £435K, average is £175K. £2K/m² to £3.9K/m², average is £2.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£123K	01/21	0.09 mi	Flat 15, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY	-	-	2	Flat
£184K	06/23	0.09 mi	Flat 21, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY	£2,329	79	2	Flat
£117.5K	04/23	0.09 mi	Flat 10, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY	-	-	2	Flat
£198.5K	12/22	0.1 mi	Flat 18, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY	-	-	2	Flat
£147K	12/20	0.17 mi	Flat 3, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF	-	-	2	Flat
£222.5K	03/23	0.18 mi	Flat 5, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF	-	-	2	Flat
£175K	03/23	0.18 mi	Flat 10, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF	-	-	2	Flat
£435K	11/22	0.18 mi	Flat 9, Horizon View, Bath Hotel Road, Westward Ho, Bideford, Devon EX39 1GX	-	-	2	Flat
£246K	03/21	0.2 mi	22, Stanwell Drive, Westward Ho, Bideford, Devon EX39 1HE	£2,621	94	2	Flat
£270K	12/20	0.2 mi	18, Stanwell Drive, Westward Ho, Bideford, Devon EX39 1HE	£3,103	87	2	Flat
£340K	03/21	0.23 mi	Flat 35, Horizon View, Bath Hotel Road, Westward Ho, Bideford, Devon EX39 1GX	-	-	2	Flat
£275K	07/21	0.28 mi	Flat 38, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA	-	-	2	Flat
£240K	11/20	0.28 mi	Flat 22, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA	-	-	2	Flat
£230K	04/21	0.28 mi	Flat 8, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA	-	-	2	Flat
£290K	06/23	0.28 mi	Flat 17, Ocean Park, Atlantic Way, Westward Ho, Bideford, Devon EX39 1NA	£3,919	74	2	Flat
£145K	07/21	0.3 mi	6, The Fairways, Westward Ho, Bideford, Devon EX39 1TQ	£3,718	39	2	Flat
£102.5K	06/21	0.44 mi	49, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX	£1,983	52	2	Flat
£88K	03/21	0.44 mi	37, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX	£1,956	45	2	Flat
£137.5K	10/22	0.47 mi	62, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX	£3,056	45	2	Flat
£173K	11/21	0.63 mi	20, Dolphin Court, Northam, Bideford, Devon EX39 1BQ	£2,883	60	2	Flat
£169K	05/21	0.63 mi	7, Dolphin Court, Northam, Bideford, Devon EX39 1BQ	£2,600	65	2	Flat
£172K	01/21	0.63 mi	18, Dolphin Court, Northam, Bideford, Devon EX39 1BQ	£2,810	61	2	Flat
£142K	01/21	0.63 mi	10, Dolphin Court, Northam, Bideford, Devon EX39 1BQ	£2,254	63	2	Flat

Local Rents

18 rents from £640/mo to £1.1K/mo, average is £788/mo.

Rent	Date	Distance	Address	Beds	Type
£850	10/24	0.11 mi	-	2	Flat
£1,100	04/24	0.24 mi	Golf Links Road, Westward Ho, Bideford	2	Bungalow
£850	04/24	0.38 mi	Ridgeway Court, Westward Ho, EX39	2	Semi-Detached House
£850	04/24	0.38 mi	-	2	Semi-Detached House
£950	03/24	0.44 mi	-	2	Bungalow
£950	06/24	0.44 mi	-	2	Bungalow
£640	04/24	0.46 mi	Kala Fair, Westward Ho	2	Flat
£775	10/23	0.65 mi	-	2	Flat
£650	10/23	0.83 mi	-	2	Bungalow
£755	04/24	0.83 mi	-	2	Bungalow
£725	09/24	0.83 mi	-	2	Bungalow
£715	04/25	0.83 mi	-	2	Flat
£825	04/24	0.94 mi	Fore Street, Bideford, Devon	2	Flat
£800	05/24	1.03 mi	North Street, Bideford, Devon	2	House
£750	05/24	1.07 mi	Carnegie North, Clevelands Park, Northam, Bideford, EX39	2	Flat
£750	05/24	1.07 mi	Carnegie North, Clevelands Park, Northam, Bideford, EX39	2	Flat
£725	11/24	1.17 mi	-	2	Flat
£850	04/24	1.21 mi	Kimberley Park, Bideford, Devon	2	House

Local Area Statistics

Population in EX39	37,17537,175
Town centre distance	2.12 miles away2.12 miles away
Nearest school	0.90 miles away0.90 miles away
Nearest train station	7.85 miles away7.85 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+21%+21%

Property History

Price changed to £145,000

November 8, 2024

Listed for £169,950

April 22, 2024

Floor Plans

Description

2 Bedroom 2nd Floor Apartment +
Freehold +
Spacious Accommodation +
Living Room +
Kitchen +
Bathroom +
Close To The Beach +
Garage En-Bloc +
Ideal First Time Buy or Investment +
No Onward Going Chain +

A 2 bedroom apartment located on the 2nd floor which is located only a stones throw from the centre of Westward Ho! The apartment offers spacious accommodation with the advantage of an allocated garage in a nearby block. No Onward Going Chain

Agent Details

BLaK Property, Bideford

01237 871102

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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