3 Bed Terraced House, Single Let, Eastleigh, SO50 9ND, £250,000

Passfield Avenue, Eastleigh, Hampshire, SO50 9ND - 1 views - a year ago

Sold STC
BTL
ROI: 4%
~59 m²
+11 photos

ValuationOvervalued

Sold Prices£150K - £392.5K
Sold Prices/m²£1.8K/m² - £4.4K/m²

 

 

Square Metres

~58.50 m²
Price/m²£4.3K/m²

Value Estimate

£207,381

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Rent Range

£1,300 - £1,850

Rent Estimate

£1,331

Running Costs/mo

£1,067

Cashflow/mo

£264

Cashflow/yr

£3,163

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £150K to £392.5K, average is £298K. £1.8K/m² to £4.4K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£256K03/210.01 mi231, Passfield Avenue, Eastleigh, Hampshire SO50 9ND3
£265K12/200.06 mi67, Locksley Road, Eastleigh, Hampshire SO50 5DR3
£315K03/230.1 mi30, Magpie Lane, Eastleigh, Hampshire SO50 9LS3
£365K07/230.1 mi34, Magpie Lane, Eastleigh, Hampshire SO50 9LS3
£250K03/230.1 mi72, Locksley Road, Eastleigh, Hampshire SO50 5DS3
£225K08/210.1 mi48, Locksley Road, Eastleigh, Hampshire SO50 5DS3
£241K11/200.1 mi20, Locksley Road, Eastleigh, Hampshire SO50 5DS3
£250K04/210.1 mi32, Locksley Road, Eastleigh, Hampshire SO50 5DS3
£300K09/210.11 mi31, Cedar Road, Eastleigh, Hampshire SO50 9NR3
£315K03/210.11 mi6, The Heathers, Eastleigh, Hampshire SO50 5JZ3
£275K06/210.11 mi4, The Heathers, Eastleigh, Hampshire SO50 5JZ3
£327.5K02/230.11 mi1, The Heathers, Eastleigh, Hampshire SO50 5JZ3
£325K02/230.13 mi49, Falcon Square, Eastleigh, Hampshire SO50 9JF3
£192.1K03/210.14 mi7, Burns Road, Eastleigh, Hampshire SO50 5DW3
£150K01/210.14 mi13, Burns Road, Eastleigh, Hampshire SO50 5DW3
£283K04/210.15 mi70, Derby Road, Eastleigh, Hampshire SO50 5GS3
£262K11/200.15 mi119, Derby Road, Eastleigh, Hampshire SO50 5GT3
£280K11/210.17 mi45, Falcon Square, Eastleigh, Hampshire SO50 9JF3
£325K05/230.17 mi31, Falcon Square, Eastleigh, Hampshire SO50 9JF3
£337.5K05/230.17 mi23, Falcon Square, Eastleigh, Hampshire SO50 9JF3
£335K08/210.2 mi19, Spencer Road, Eastleigh, Hampshire SO50 9GP3
£267.5K12/200.2 mi11, Spencer Road, Eastleigh, Hampshire SO50 9GP3
£365K06/230.23 mi11, Scott Road, Eastleigh, Hampshire SO50 9FW3
£257.9K11/200.23 mi9, Scott Road, Eastleigh, Hampshire SO50 9FW3
£265K03/210.24 mi95, Monks Way, Eastleigh, Hampshire SO50 5BG3
£310K05/210.25 mi26, Oconnell Road, Eastleigh, Hampshire SO50 9GL3
£350K09/210.25 mi1, Linnet Square, Eastleigh, Hampshire SO50 9JL3
£250K05/210.28 mi73, Derby Road, Eastleigh, Hampshire SO50 5FF3
£340K03/230.29 mi77, Derby Road, Eastleigh, Hampshire SO50 5FF3
£275K04/210.29 mi55, Chadwick Road, Eastleigh, Hampshire SO50 9GJ3
£392.5K08/230.29 mi29, Greenfinch Close, Eastleigh, Hampshire SO50 9JN3
£382.5K03/230.29 mi17, Greenfinch Close, Eastleigh, Hampshire SO50 9JN3
£262K03/210.29 mi7, Greenfinch Close, Eastleigh, Hampshire SO50 9JN3
£385K07/230.29 mi15, Greenfinch Close, Eastleigh, Hampshire SO50 9JN3
£289K11/210.3 mi141, Chestnut Avenue, Eastleigh, Hampshire SO50 5BB3
£299.9K08/210.31 mi2, Owen Road, Eastleigh, Hampshire SO50 9GG3
£310K03/230.31 mi10, Owen Road, Eastleigh, Hampshire SO50 9GG3
£365K01/230.33 mi53, Viscount Gardens, Eastleigh, Hampshire SO50 5TZ3
£295K08/210.33 mi5, Owen Road, Eastleigh, Hampshire SO50 9GF3
£315K03/210.34 mi34, Nightingale Avenue, Eastleigh, Hampshire SO50 9JQ3
£310K01/230.35 mi60, Dakota Way, Eastleigh, Hampshire SO50 5TY3
£280K09/210.36 mi50, Dakota Way, Eastleigh, Hampshire SO50 5TY3
£263K02/210.36 mi76, Dakota Way, Eastleigh, Hampshire SO50 5TY3
£296K09/210.36 mi16, Parnell Road, Eastleigh, Hampshire SO50 5EZ3
£271K11/200.36 mi43, Monks Way, Eastleigh, Hampshire SO50 5BE3
£320K06/230.36 mi35a, Monks Way, Eastleigh, Hampshire SO50 5BE3
£303.7K12/200.37 mi10, Islander Walk, Eastleigh, Hampshire SO50 5TX3
£280K08/210.37 mi9, Islander Walk, Eastleigh, Hampshire SO50 5TX3
£320K03/230.37 mi4, Woodpecker Way, Eastleigh, Hampshire SO50 9LF3
£315K05/210.42 mi26, Ambassador Walk, Eastleigh, Hampshire SO50 5TN3

Local Rents

23 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,85009/240.12 mi-3
£1,70002/240.12 mi-3
£1,80012/240.12 mi-3
£1,75009/240.12 mi-3
£1,65001/250.26 mi-3
£1,60012/240.27 mi-3
£1,35009/240.33 miEastleigh3
£1,60002/240.42 miPassfield Avenue, Eastleigh, SO503
£1,70004/250.42 mi-3
£1,45009/240.47 mi-3
£1,55012/240.5 mi-3
£1,35012/240.5 miDrum Road, Eastleigh3
£1,50012/240.5 miOvington Gardens, Eastleigh, SO503
£1,50012/240.52 mi-3
£1,65009/240.53 miGreat Farm Road, Eastleigh, Hampshire, SO503
£1,60002/250.53 mi-3
£1,40012/240.53 miDrum Road, Eastleigh, Hampshire, SO503
£1,30009/240.54 mi-3
£1,55012/240.54 mi-3
£1,70009/240.54 miTinning Way, Eastleigh3
£1,65004/250.57 mi-3
£1,55012/240.58 miBenny Hill Close SILVER SUB, Eastleigh, Hampshire, SO503
£1,50012/240.58 miArnold Road, Eastleigh, SO503

Local Area Statistics

Population in SO50

46,318

Population in Eastleigh

78,741

Town centre distance

1.31 miles away

Nearest school

0.40 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £250,000

May 20, 2024

Floor Plans

Description

  • 3 Bedrooms +
  • Large lounge/diner +
  • Driveway +
  • Gardens +
  • Easy access to town centre +
  • No Vendor Chain +
  • Perfect FTB home +

Modern 3-bedroom terraced house located in a charming village setting. This well-maintained property offers a bright and airy living space, perfect for families or professionals seeking a peaceful location within easy reach of local amenities. The house boasts a garden, ideal for relaxing or entertaining, as well as off-street parking for convenience. With its contemporary design and affordable price, this property offers a great opportunity to enjoy comfortable living in a desirable location. Don't miss out on the chance to make this house your home – contact us today to arrange a viewing.

"These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.’’

Agent Details

Leaders Sales, Southampton

0238 202 5502

Next Steps?

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