5 Bed Terraced House, Single Let, Morecambe, LA3 1SL, £210,000





ValuationOvervalued
Sold Prices | £81.5K - £670K |
Sold Prices/m² | £685/m² - £2.5K/m² |
| |
Square Metres | 131 m² |
Price/m² | £1.6K/m² |
Value Estimate | £163,750 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £52,500 |
Stamp Duty & Legal Fees | £7,500 |
Total Cash In | £60,000 |
| |
Cash Out | |
Rent Range | £750 - £1,550 |
Rent Estimate | £750 |
Running Costs/mo | £826 |
Cashflow/mo | £-76 |
Cashflow/yr | £-915 |
Gross Yield | 4% |
Local Sold Prices
20 sold prices from £81.5K to £670K, average is £225K. £685/m² to £2.5K/m², average is £1.3K/m².
Local Rents
21 rents from £750/mo to £1.6K/mo, average is £899/mo.
Local Area Statistics
Population in LA3 | 24,587 |
Population in Morecambe | 50,836 |
Town centre distance | 1.01 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.71 miles away |
| |
Rental growth (12m) | -2% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +31% |
Property History
Listed for £210,000
June 21, 2024
Sold for £105,000
2018
Sold for £44,000
2014
Sold for £17,000
2001
Sold for £17,000
1999
Floor Plans

Description
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