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





ValuationOvervalued
Sold Prices | £145K - £345K |
Sold Prices/m² | £2.5K/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.7K/m² |
Value Estimate | £218,227 |
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 | £1,000 - £1,400 |
Rent Estimate | £1,184 |
Running Costs/mo | £1,038 |
Cashflow/mo | £146 |
Cashflow/yr | £1,751 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
21 sold prices from £145K to £345K, average is £218K. £2.5K/m² to £4.5K/m², average is £3.2K/m².
Local Rents
15 rents from £1K/mo to £1.4K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SO51 | 26,989 |
Town centre distance | 0.57 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.65 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
December 27, 2024
Price changed to £270,000
December 4, 2024
Listed for £280,000
July 25, 2024
Floor Plans

Description
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