3 Bed Flat, Single Let, Salisbury, SP1 2RQ, £250,000





ValuationUndervalued
Sold Prices | £180K - £665.3K |
Sold Prices/m² | £2.1K/m² - £3.6K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.7K/m² |
Value Estimate | £261,071 |
BMV | 4% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £71,200 |
| |
Cash Out | |
Rent Range | £799 - £1,800 |
Rent Estimate | £1,056 |
Running Costs/mo | £1,012 |
Cashflow/mo | £44 |
Cashflow/yr | £523 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
7 sold prices from £180K to £665.3K, average is £290K. £2.1K/m² to £3.6K/m², average is £2.8K/m².
Local Rents
24 rents from £799/mo to £1.8K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SP1 | 21,621 |
Population in Salisbury | 93,605 |
Town centre distance | 0.91 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.06 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +49% |
Sales demand | Seller's market |
Capital growth (5yrs) | +9% |
Property History
Listed for £250,000
June 12, 2024
Sold for £217,000
2014
Sold for £212,500
2013
Sold for £190,000
2007
Sold for £207,000
2006
Sold for £135,000
1999
Floor Plans

Description
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