3 Bed Terraced House, Single Let, Romsey, SO51 0BJ, £318,500

Furze Drive, Romsey, Hampshire, SO51 0BJ - 1 views - 10 months ago

Sold STC
BTL
ROI: 1%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£241.5K - £630K
Sold Prices/m²£2.8K/m² - £5.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.4K/m²

Value Estimate

£353,718
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£79,625

Stamp Duty & Legal Fees

£14,180

Total Cash In

£93,805

 

 

Cash Out

 

Rent Range

£1,200 - £2,100

Rent Estimate

£1,400

Running Costs/mo

£1,295

Cashflow/mo

£105

Cashflow/yr

£1,256

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £241.5K to £630K, average is £320K. £2.8K/m² to £5.7K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£390K01/230.07 mi161, Cutforth Way, Romsey, Hampshire SO51 0BG3
£386.5K04/230.11 mi102, Cutforth Way, Romsey, Hampshire SO51 0BD3
£430K03/230.16 mi32, Tate Close, Romsey, Hampshire SO51 0BE3
£277K07/210.22 mi35, Cavendish Close, Romsey, Hampshire SO51 7HT3
£265K03/210.22 mi29, Cavendish Close, Romsey, Hampshire SO51 7HT3
£260K02/210.22 mi61, Cavendish Close, Romsey, Hampshire SO51 7HT3
£280K07/210.22 mi37, Stapleford Close, Romsey, Hampshire SO51 7HU3
£262.5K11/200.22 mi35, Stapleford Close, Romsey, Hampshire SO51 7HU3
£385K05/230.24 mi35, Wyndham Drive, Romsey, Hampshire SO51 0AP3
£330K06/210.24 mi36, Wyndham Drive, Romsey, Hampshire SO51 0AP3
£355K12/220.24 mi14, Rimington Gardens, Romsey, Hampshire SO51 7TT3
£280K08/210.27 mi56, Woodley Close, Romsey, Hampshire SO51 7PD3
£310K03/230.27 mi4, Halden Close, Romsey, Hampshire SO51 7TS3
£350K02/230.27 mi2, Abbotswood Close, Romsey, Hampshire SO51 7TW3
£255K10/200.29 mi23, Halden Close, Romsey, Hampshire SO51 7TS3
£310K08/230.3 mi10, Halden Close, Romsey, Hampshire SO51 7TS3
£271K07/230.3 mi12, Halden Close, Romsey, Hampshire SO51 7TS3
£245.1K03/210.3 mi5, Halden Close, Romsey, Hampshire SO51 7TS3
£258K06/210.3 mi71, Kinver Close, Romsey, Hampshire SO51 7JW3
£274K04/210.3 mi13, Kinver Close, Romsey, Hampshire SO51 7JW3
£507.5K06/210.31 mi35, Brook Way, Romsey, Hampshire SO51 7JZ3
£325K09/230.33 mi50, Kinver Close, Romsey, Hampshire SO51 7JU3
£315K12/220.35 mi12, Tavistock Close, Romsey, Hampshire SO51 7TQ3
£275K03/210.35 mi20, Lincoln Close, Romsey, Hampshire SO51 7TJ3
£300K02/230.37 mi13, Pinewood Close, Romsey, Hampshire SO51 7TN3
£302.5K07/230.37 mi6, Pinewood Close, Romsey, Hampshire SO51 7TN3
£241.5K03/210.37 mi4, Pinewood Close, Romsey, Hampshire SO51 7TN3
£340K05/210.37 mi32, Bransley Close, Romsey, Hampshire SO51 7JT3
£342.5K11/220.4 mi1, Addison Close, Romsey, Hampshire SO51 7TL3
£471K10/200.42 mi13, Richmond Lane, Romsey, Hampshire SO51 7LB3
£272K06/210.43 mi10, Waverley Close, Romsey, Hampshire SO51 7TG3
£340K08/230.44 mi14, Hogarth Close, Romsey, Hampshire SO51 7TF3
£350K12/200.44 mi53, Hunters Crescent, Romsey, Hampshire SO51 7UG3
£285K06/210.5 mi9, Savernake Close, Romsey, Hampshire SO51 7TD3
£445K08/210.51 mi14, Peel Close, Romsey, Hampshire SO51 7UQ3
£480K09/210.51 mi3, Carisbrooke Court, Romsey, Hampshire SO51 7JQ3
£420K03/210.52 mi42, Fairview Drive, Romsey, Hampshire SO51 7LR3
£315K08/230.57 mi143, Westering, Romsey, Hampshire SO51 7LX3
£330K11/200.58 mi12, Harefield Court, Romsey, Hampshire SO51 7NN3
£630K06/230.6 mi21, Woodley Lane, Cupernham, Romsey, Hampshire SO51 7JL3
£350K03/230.61 mi27, Clover Way, Romsey, Hampshire SO51 7RG3
£480K10/200.61 mi6, Barton Close, Romsey, Hampshire SO51 7QE3
£346K06/210.62 mi47a, Viney Avenue, Romsey, Hampshire SO51 7NR3
£280K09/210.62 mi105, St Blaize Road, Romsey, Hampshire SO51 7JY3
£350K03/230.62 mi79, St Blaize Road, Romsey, Hampshire SO51 7JY3
£362K11/220.62 mi39, St Blaize Road, Romsey, Hampshire SO51 7JY3
£295K05/230.62 mi101, St Blaize Road, Romsey, Hampshire SO51 7JY3
£580K12/220.64 mi30, Ashley Meadows, Romsey, Hampshire SO51 7LT3
£243K03/210.64 mi3, Brickwoods Close, Romsey, Hampshire SO51 7JA3
£279K07/210.66 mi112, St Blaize Road, Romsey, Hampshire SO51 7LW3

Local Rents

15 rents from £1.2K/mo to £2.1K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,65005/230.05 mi-3
£1,60009/240.09 miThomas Hunt Row, Abbotswood Common Road, Romsey, Hampshire, SO513
£1,60012/240.11 miCutforth Way, ROMSEY3
£1,50009/240.22 miRomsey3
£1,50012/240.22 miRomsey3
£1,85003/250.25 mi-3
£2,10002/240.25 mi-3
£1,40009/240.33 miKinver Close, Romsey3
£1,20009/240.35 miTavistock Close, Romsey, Hampshire, SO513
£1,50012/240.35 miLincoln Close, Romsey3
£1,50012/240.4 miAddison Close, Romsey3
£1,40009/240.44 miRomsey Beverley Gardens UNFURNISHED3
£1,50012/240.44 miRomsey Hogarth Close UNFURNISHED3
£1,45012/240.52 miFairview Drive, ROMSEY3
£1,47512/240.52 miFairview Drive, ROMSEY3

Local Area Statistics

Population in SO51

26,989

Town centre distance

0.93 miles away

Nearest school

0.40 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £318,500

June 13, 2024

Floor Plans

Description

  • Three Bedroom Terrace House +
  • Garage +
  • Well Presented +
  • Delightful Garden +
  • Off Street Parking +
  • Near to Abbotswood Nature Reserve +
  • En-Suite +
  • Downstairs cloakroom +
  • Quiet location +

This beautfiul three bedroom house situated in the desirable Abbotswood location with off street parking, garage and secluded garden.

Agent Details

Michael Rhodes, Romsey

01794 514455

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪