2 Bed Flat, Single Let, GU46 7UN, £145,000

Reading Road, Yateley, GU46 7UN - 1 views - 10 months ago

Leasehold
BTL
ROI: 11%
~85 m²
+4 photos

ValuationUndervalued

Sold Prices£132K - £400K
Sold Prices/m²£2.7K/m² - £4.8K/m²

 

 

Square Metres

~85 m²
Price/m²£1.7K/m²

Value Estimate

£174,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Total Cash In

£44,700

 

 

Cash Out

 

Rent Range

£1,050 - £1,500

Rent Estimate

£1,100

Running Costs/mo

£693

Cashflow/mo

£407

Cashflow/yr

£4,883

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £132K to £400K, average is £238.5K. £2.7K/m² to £4.8K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£265K11/230.39 miTockington Court, Flat 11, Oaklands, Yateley, Hampshire GU46 7GA2
£132K04/230.64 miFlat 25, Mckernan Court, High Street, Sandhurst, Bracknell Forest GU47 8HH2
£165K12/230.64 miFlat 25a, Mckernan Court, High Street, Sandhurst, Bracknell Forest GU47 8HH2
£155K10/230.64 miFlat 18, Mckernan Court, High Street, Sandhurst, Bracknell Forest GU47 8HH2
£222.5K08/220.71 mi25, Alford Close, Sandhurst, Bracknell Forest GU47 8DX2
£270K01/230.91 mi61, Goughs Meadow, Sandhurst, Bracknell Forest GU47 9BZ2
£220K08/220.99 mi37, West Green, Yateley, Hampshire GU46 7RW2
£330K07/231.04 miFlat 9, Longdown Lodge, Crowthorne Road, Sandhurst, Bracknell Forest GU47 8PF2
£335K08/231.08 miApartment 11, Heron Court, Yorktown Road, Sandhurst, Bracknell Forest GU47 9ED2
£245K08/231.08 miApartment 15, Heron Court, Yorktown Road, Sandhurst, Bracknell Forest GU47 9ED2
£272K11/221.08 miApartment 3, Heron Court, Yorktown Road, Sandhurst, Bracknell Forest GU47 9ED2
£230K12/221.1 miFlat 11, Mitchell Buildings, Monteagle Lane, Yateley, Hampshire GU46 6NB2
£270K11/221.1 miFlat 9, Robin Hill House, Monteagle Lane, Yateley, Hampshire GU46 6NB2
£215K11/231.1 miRobin Hill House, Flat 8, Monteagle Lane, Yateley, Hampshire GU46 6NB2
£240K03/221.1 miFlat 4, Robin Hill House, Monteagle Lane, Yateley, Hampshire GU46 6NB2
£235K01/231.16 mi10, Brittain Court, Sandhurst, Bracknell Forest GU47 9DP2
£207.5K06/221.16 mi14, Brittain Court, Sandhurst, Bracknell Forest GU47 9DP2
£271.5K03/211.2 mi32, Edgbarrow Rise, Sandhurst, Bracknell Forest GU47 8QH2
£185K06/231.26 mi22, Bell Lane, Blackwater, Camberley, Hampshire GU17 0NW2
£180K01/231.36 mi8, Frogmore Court, Blackwater, Camberley, Hampshire GU17 0PP2
£270K09/221.36 mi12, Frogmore Court, Blackwater, Camberley, Hampshire GU17 0PP2
£200K08/221.37 mi7, Frogmore Court, Blackwater, Camberley, Hampshire GU17 0PP2
£235K06/231.49 mi2, Humber Way, Sandhurst, Bracknell Forest GU47 9RE2
£225K10/231.49 miFlat 2, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£215K06/211.49 miFlat 2, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£212.5K09/211.49 miFlat 3, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£145K03/241.49 miWyatt Court, Flat 14, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£335K07/221.52 mi4 The Chapel, Firgrove Manor, Firgrove Road, Eversley, Hook, Hampshire RG27 0PE2
£234K04/211.63 mi14, Russell Court, Blackwater, Camberley, Hampshire GU17 0JP2
£400K08/231.74 mi6, Masefield Gardens, Crowthorne, Bracknell Forest RG45 7QS2
£247.5K12/221.74 mi48, Masefield Gardens, Crowthorne, Bracknell Forest RG45 7QS2
£227.5K05/211.74 mi44, Masefield Gardens, Crowthorne, Bracknell Forest RG45 7QS2
£245K07/231.74 mi64, Masefield Gardens, Crowthorne, Bracknell Forest RG45 7QS2
£255K01/231.74 mi44, Masefield Gardens, Crowthorne, Bracknell Forest RG45 7QS2
£258.5K09/221.76 mi32, St Francis Close, Crowthorne, Bracknell Forest RG45 6DF2
£215K10/211.8 miFlat 2, Katherine House, Kingsway, Blackwater, Camberley, Hampshire GU17 0JS2
£265K08/221.82 mi24, Shaw Park, Crowthorne, Bracknell Forest RG45 7QL2
£205K07/221.84 mi33a, London Road, Blackwater, Camberley, Hampshire GU17 0AB2
£237K08/231.84 mi5, Alexandra Close, College Town, Sandhurst, Bracknell Forest GU47 0PF2
£228K06/211.84 mi5, Alexandra Close, College Town, Sandhurst, Bracknell Forest GU47 0PF2
£240K03/211.85 mi11, Talavera Close, Crowthorne, Bracknell Forest RG45 6DE2
£250K07/231.85 mi2, Talavera Close, Crowthorne, Bracknell Forest RG45 6DE2
£300K12/221.85 mi4, Alexandra Close, College Town, Sandhurst, Bracknell Forest GU47 0PF2
£242.5K08/211.86 mi72, Shaw Park, Crowthorne, Bracknell Forest RG45 7QL2
£267.5K09/221.86 mi72, Shaw Park, Crowthorne, Bracknell Forest RG45 7QL2
£325K10/221.88 mi2, Bembridge Court, Crowthorne, Bracknell Forest RG45 6BN2
£215K02/211.93 mi26, Victoria Road, Owlsmoor, Sandhurst, Bracknell Forest GU47 0TH2
£250K09/211.95 miFlat 19, Swan Court, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AG2
£205K02/231.95 miFlat 1, Swan Court, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AG2
£250K09/211.95 miFlat 19, Swan Court, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AG2

Local Rents

14 rents from £1.1K/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,05007/240.03 mi-2
£1,42504/240.16 miPlough Road2
£1,40005/240.16 miPlough Road,Yateley,GU462
£1,37504/240.33 miReading Road2
£1,19907/240.75 mi-2
£1,19907/240.75 mi-2
£1,25004/240.75 miSunray Estate, Sandhurst, GU472
£1,40005/240.79 miRussell Hall Cottages, Scotland Hill, Sandhurst, GU472
£1,25005/240.94 miGoughs Meadow, Sandhurst, Berkshire, GU472
£1,10001/250.98 mi-2
£1,30012/241.04 mi-2
£1,39505/241.12 miMitchell Buildings, Monteagle Lane, Yateley2
£1,50005/241.17 miMorley Close, Yateley2
£1,50012/241.17 miMorley Close, Yateley2

Local Area Statistics

Population in GU46

14,823

Nearest school

0.20 miles away

Nearest train station

0.75 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £145,000

June 11, 2024

Floor Plans

Description

  • Two Bedroom Apartment +
  • Close to Local Amenities +
  • Permit Parking +
  • 111 Year Lease +
  • Excellent Yields Available +
  • No Onward Chain +

Ideal for investors or first time buyers alike, this two bedroom apartment is conveniently located for local shops, cafes and amenities. The property also benefits from allocated permit parking.

With a purchase price of £145,000, the yield on this property is 9.10%.

You can look to achieve a rental income of £1,100 per month.

Location - Located on a parade in the heart of Yateley, the property is conveniently located for shops and amenities. There is also permit parking available.

Outside - The property is located above shops with a walkway to the front. There is also permit parking by the property.

Description - A two bedroom apartment located above shops in the heart of Yateley. The property has a fitted kitchen and bathroom and would be suited to an investor or first time buyer.

The property has no onward chain.

Agent Details

Waterfords, Yateley

01252 221957

Next Steps?

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