2 Bed Flat, Single Let, Romsey, SO51 7NP, £250,000





ValuationUndervalued
Sold Prices | £145K - £460K |
Sold Prices/m² | £2.5K/m² - £5.3K/m² |
| |
Square Metres | ~74.30 m² |
Price/m² | £3.4K/m² |
Value Estimate | £263,778 |
BMV | 6% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £13,700 |
Total Cash In | £76,200 |
| |
Cash Out | |
Rent Range | £950 - £1,350 |
Rent Estimate | £1,163 |
Running Costs/mo | £1,034 |
Cashflow/mo | £129 |
Cashflow/yr | £1,550 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
25 sold prices from £145K to £460K, average is £235K. £2.5K/m² to £5.3K/m², average is £3.5K/m².
Local Rents
19 rents from £950/mo to £1.4K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SO51 | 26,989 |
Town centre distance | 0.38 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.39 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Price changed to £250,000
February 24, 2025
Price changed to £280,000
December 4, 2024
Price changed to £290,000
September 26, 2024
Listed for £300,000
July 4, 2024
Floor Plans

Description
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