2 Bed Flat, Single Let, Felixstowe, IP11 7SD, £168,000
Tomline Road, Felixstowe, IP11 7SD - 4 views - 10 months ago
Sold STC
Leasehold
BTL
ROI: 3%
~68 m²





+4 photos
ValuationUndervalued
Sold Prices | £86K - £420K |
Sold Prices/m² | £1.9K/m² - £4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.5K/m² |
Value Estimate | £183,610 |
BMV | 9% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £42,000 |
Stamp Duty & Legal Fees | £6,240 |
Total Cash In | £48,240 |
| |
Cash Out | |
Rent Range | £675 - £1,350 |
Rent Estimate | £828 |
Running Costs/mo | £711 |
Cashflow/mo | £117 |
Cashflow/yr | £1,409 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
20 sold prices from £86K to £420K, average is £180.8K. £1.9K/m² to £4K/m², average is £2.7K/m².
Local Rents
28 rents from £675/mo to £1.4K/mo, average is £900/mo.
Local Area Statistics
Population in IP11 | 29,290 |
Population in Felixstowe | 29,294 |
Town centre distance | 0.12 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.23 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | 0% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £168,000
June 5, 2024
Floor Plans

Description
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