2 Bed Flat, Single Let, Romsey, SO51 8JS, £230,000
Winchester Road, Romsey, SO51 8JS - 9 months ago
Sold STC
Leasehold
BTL
ROI: 1%
~58 m²
+9 photos
ValuationOvervalued
| Sold Prices | £145K - £460K |
| Sold Prices/m² | £2.5K/m² - £5.3K/m² |
| |
Square Metres | ~58.40 m² |
| Price/m² | £3.9K/m² |
Value Estimate | £200,229 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £57,500 |
Stamp Duty & Legal Fees | £8,100 |
Total Cash In | £65,600 |
| |
Cash Out | |
Rent Range | £950 - £1,350 |
Rent Estimate | £973 |
Running Costs/mo | £933 |
Cashflow/mo | £40 |
Cashflow/yr | £476 |
ROI | 1% |
Gross Yield | 5% |
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
26 rents from £950/mo to £1.4K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SO51 | 26,989 |
Town centre distance | 0.29 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.26 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Listed for £230,000
July 19, 2024
Floor Plans
Description
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