2 Bed Flat, Single Let, Sandhurst, GU47 0SX, £240,000

Springmead Court, Cambridge Road, Sandhurst, GU47 0SX - a year ago

Sold STC
Leasehold
BTL
ROI: 3%
~84 m²
+5 photos

ValuationUndervalued

Sold Prices£145K - £335K
Sold Prices/m²£2.7K/m² - £4.5K/m²

 

 

Square Metres

~84 m²
Price/m²£2.9K/m²

Value Estimate

£292,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Total Cash In

£75,500

 

 

Cash Out

 

Rent Range

£1,200 - £1,500

Rent Estimate

£1,236

Running Costs/mo

£1,017

Cashflow/mo

£219

Cashflow/yr

£2,626

ROI

3%

Gross Yield

6%

Local Sold Prices

21 sold prices from £145K to £335K, average is £228K. £2.7K/m² to £4.5K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£245K01/230.01 miFlat 8, Springmead Court, Cambridge Road, Owlsmoor, Sandhurst, Bracknell Forest GU47 0SX2
£215K02/210.04 mi26, Victoria Road, Owlsmoor, Sandhurst, Bracknell Forest GU47 0TH2
£220K12/220.09 mi47, Moor Close, Owlsmoor, Sandhurst, Bracknell Forest GU47 0TB2
£240K11/220.15 miFlat 8, Birchlands Court, Cambridge Road, Owlsmoor, Sandhurst, Bracknell Forest GU47 0GR2
£200K09/230.16 miFlat 12, Birchlands Court, Cambridge Road, Owlsmoor, Sandhurst, Bracknell Forest GU47 0GR2
£190K10/220.2 miFlat 8, Elm Court, Durham Road, Owlsmoor, Sandhurst, Bracknell Forest GU47 0GS2
£215K09/220.22 miFlat 3, Elm Court, Durham Road, Owlsmoor, Sandhurst, Bracknell Forest GU47 0GS2
£300K12/220.57 mi4, Alexandra Close, College Town, Sandhurst, Bracknell Forest GU47 0PF2
£237K08/230.58 mi5, Alexandra Close, College Town, Sandhurst, Bracknell Forest GU47 0PF2
£228K06/210.58 mi5, Alexandra Close, College Town, Sandhurst, Bracknell Forest GU47 0PF2
£235K06/230.59 mi2, Humber Way, Sandhurst, Bracknell Forest GU47 9RE2
£225K10/230.71 miFlat 2, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£215K06/210.71 miFlat 2, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£212.5K09/210.71 miFlat 3, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£145K03/240.71 miWyatt Court, Flat 14, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£207.5K06/220.87 mi14, Brittain Court, Sandhurst, Bracknell Forest GU47 9DP2
£235K01/230.88 mi10, Brittain Court, Sandhurst, Bracknell Forest GU47 9DP2
£272K11/220.93 miApartment 3, Heron Court, Yorktown Road, Sandhurst, Bracknell Forest GU47 9ED2
£335K08/230.93 miApartment 11, Heron Court, Yorktown Road, Sandhurst, Bracknell Forest GU47 9ED2
£245K08/230.93 miApartment 15, Heron Court, Yorktown Road, Sandhurst, Bracknell Forest GU47 9ED2
£330K07/230.97 miFlat 9, Longdown Lodge, Crowthorne Road, Sandhurst, Bracknell Forest GU47 8PF2

Local Rents

12 rents from £1.2K/mo to £1.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.06 mi-2
£1,20012/240.06 miMoor Close, Owlsmoor, Sandhurst, GU472
£1,30004/240.26 miHorsham Road, Owlsmoor, Sandhurst, Berkshire, GU472
£1,35005/240.26 miHorsham Road, Owlsmoor, Sandhurst, Berkshire, GU472
£1,29504/240.26 miHorsham Road, Sandhurst2
£1,50006/240.27 mi-2
£1,50005/240.37 miHexham Close, Owlsmoor, Sandhurst, Berkshire, GU472
£1,30009/230.37 mi-2
£1,40009/230.37 mi-2
£1,40004/240.37 mi-2
£1,45009/240.37 mi-2
£1,45009/240.37 mi-2

Local Area Statistics

Population in GU47

18,860

Town centre distance

0.98 miles away

Nearest school

0.10 miles away

Nearest train station

1.23 miles away

 

 

Rental growth (12m)

+64%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £240,000

December 25, 2024

Listed for £255,000

May 24, 2024

Floor Plans

Description

  • Neutrally decorated two-bedroom flat +
  • Ground floor with easy access +
  • Spacious reception room with large windows +
  • View of communal garden +
  • Kitchen bathed in natural light +
  • Double bedrooms with built-in wardrobes +
  • Large bathroom +
  • Communal garden and parking facilities +
  • Close to public transport and amenities +
  • Tranquil atmosphere in central location +

Introducing a neutrally decorated, two-bedroom flat for sale with over 900 years on the lease, perfect for single occupants or couples. This property is conveniently situated on the ground floor, offering easy access.

Upon entering the flat, you are welcomed by a spacious reception room. Its large windows not only allow an influx of natural light, but also offer a pleasant view of the communal garden, creating a serene atmosphere. This space is ideal for entertaining or simply unwinding after a long day.

The property boasts a kitchen bathed in natural light, promising an enjoyable cooking and dining experience. It's just the right size and has everything you need to prepare meals with ease.

The two bedrooms are of double size, both with built-in wardrobes, providing ample storage space. The large bathroom complements the bedrooms and ensures that everyone can get ready in the morning without a fuss.

Adding to the charm and convenience of this property are the communal garden and parking facilities, perfect for residents who value outdoor space and secure parking.

One of the key advantages of this property is its location. It's in close proximity to public transport links, local amenities, and nearby schools, making it a practical choice. Moreover, despite its central location, the area maintains a quiet atmosphere, allowing you to enjoy the best of both worlds.

Book a viewing today to experience the potential of your future home firsthand.

Agent Details

Romans, Sandhurst

01252 221909

Next Steps?

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