2 Bed Bungalow, Single Let, Bishop's Stortford, CM23 5QD, £475,000





ValuationUndervalued
Sold Prices | £186.9K - £450K |
Sold Prices/m² | £2.5K/m² - £7K/m² |
| |
Square Metres | ~111.40 m² |
Price/m² | £4.3K/m² |
Value Estimate | £577,255 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £118,750 |
Stamp Duty & Legal Fees | £36,200 |
Total Cash In | £154,950 |
| |
Cash Out | |
Rent Range | £1,000 - £1,600 |
Rent Estimate | £1,006 |
Running Costs/mo | £1,706 |
Cashflow/mo | £-700 |
Cashflow/yr | £-8,395 |
Gross Yield | 3% |
Local Sold Prices
28 sold prices from £186.9K to £450K, average is £317.5K. £2.5K/m² to £7K/m², average is £5.2K/m².
Local Rents
20 rents from £1K/mo to £1.6K/mo, average is £1.3K/mo.
Local Area Statistics
Population in CM23 | 40,374 |
Population in Bishop's Stortford | 54,088 |
Town centre distance | 1.56 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.17 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +17% |
Property History
Price changed to £475,000
December 5, 2024
Listed for £500,000
June 28, 2024
Floor Plans

Description
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