3 Bed Flat, Single Let, Rossendale, BB4 8DY, £255,000
Bank Street, Rawtenstall, Rossendale, BB4 8DY - 1 views - 8 months ago
Leasehold
BTL
~93 m²





+9 photos
ValuationOvervalued
Sold Prices | £80K - £312.5K |
Sold Prices/m² | £899/m² - £2K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.7K/m² |
Value Estimate | £168,875 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £63,750 |
Stamp Duty & Legal Fees | £9,100 |
Total Cash In | £72,850 |
| |
Cash Out | |
Rent Range | £650 - £1,500 |
Rent Estimate | £795 |
Running Costs/mo | £976 |
Cashflow/mo | £-181 |
Cashflow/yr | £-2,170 |
Gross Yield | 4% |
Local Sold Prices
5 sold prices from £80K to £312.5K, average is £160K. £899/m² to £2K/m², average is £1.8K/m².
Local Rents
11 rents from £650/mo to £1.5K/mo, average is £850/mo.
Local Area Statistics
Population in BB4 | 41,137 |
Town centre distance | 1.35 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 4.91 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +16% |
Sales demand | Balanced market |
Capital growth (5yrs) | +26% |
Property History
Listed for £255,000
July 25, 2024
Description
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