2 Bed Flat, Single Let, Leominster, HR6 8EP, £63,000
Flat 3, 29 West Street, Leominster, HR6 8EP - a year ago
Leasehold
BTL
ROI: 8%
~68 m²





+1 photos
ValuationUndervalued
Sold Prices | £55K - £235K |
Sold Prices/m² | £1.3K/m² - £4.1K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £925/m² |
Value Estimate | £75,600 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £15,750 |
Stamp Duty & Legal Fees | £3,090 |
Total Cash In | £18,840 |
| |
Cash Out | |
Rent Range | £375 - £2,500 |
Rent Estimate | £430 |
Running Costs/mo | £303 |
Cashflow/mo | £127 |
Cashflow/yr | £1,526 |
ROI | 8% |
Gross Yield | 8% |
Local Sold Prices
15 sold prices from £55K to £235K, average is £105K. £1.3K/m² to £4.1K/m², average is £2.1K/m².
Local Rents
31 rents from £375/mo to £2.5K/mo, average is £675/mo.
Local Area Statistics
Population in HR6 | 20,507 |
Population in Leominster | 20,525 |
Town centre distance | 0.26 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.46 miles away |
| |
Rental growth (12m) | +13% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +36% |
Property History
Listed for £63,000
May 10, 2024
Floor Plans

Description
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