2 Bed Flat, Single Let, Newport, PO30 1TS, £100,000
Trafalgar Road, Newport, Isle of Wight, PO30 1TS - 2 views - 10 months ago
Sold STC
Leasehold
BTL
ROI: 14%
~68 m²





+3 photos
ValuationUndervalued
Sold Prices | £110K - £331K |
Sold Prices/m² | £1.8K/m² - £3.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.5K/m² |
Value Estimate | £120,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £25,000 |
Stamp Duty & Legal Fees | £4,200 |
Total Cash In | £29,200 |
| |
Cash Out | |
Rent Range | £750 - £1,250 |
Rent Estimate | £831 |
Running Costs/mo | £499 |
Cashflow/mo | £332 |
Cashflow/yr | £3,988 |
ROI | 14% |
Gross Yield | 10% |
Local Sold Prices
25 sold prices from £110K to £331K, average is £142.5K. £1.8K/m² to £3.5K/m², average is £2.5K/m².
Local Rents
16 rents from £750/mo to £1.3K/mo, average is £950/mo.
Local Area Statistics
Population in PO30 | 29,065 |
Population in Newport | 229,937 |
Town centre distance | 122.28 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 6.28 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +25% |
Sales demand | Balanced market |
Capital growth (5yrs) | +21% |
Property History
Listed for £100,000
June 10, 2024
Sold for £99,500
2005
Floor Plans

Description
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