2 Bed Flat, Single Let, Swindon, SN1 5JZ, £150,000

Curtis Street, Swindon, Wiltshire, SN1 5JZ - 8 months ago

Leasehold

BTL

ROI: 6%

~63 m²

+6 photos

ValuationFair Value

Sold Prices	£120K - £440K
Sold Prices/m²	£1.8K/m² - £3.1K/m²

Square Metres	~62.50 m²
Price/m²	£2.4K/m²
Value Estimate	£152,260£152,260

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£5,700£5,700
Total Cash In	£43,200£43,200

Cash Out
Rent Range	£850 - £2,850£850 - £2,850
Rent Estimate	£900
Running Costs/mo	£669£669
Cashflow/mo	£231£231
Cashflow/yr	£2,775£2,775
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £120K to £440K, average is £147.5K. £1.8K/m² to £3.1K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£120K	11/20	0.02 mi	35a, Curtis Street, Swindon SN1 5JZ	£2,264	53	2	Flat
£230K	11/20	0.22 mi	39, Dixon Street, Swindon SN1 3PL	£2,584	89	2	Flat
£175K	12/20	0.31 mi	41a, Kent Road, Swindon SN1 3NG	£2,011	87	2	Flat
£198K	12/22	0.38 mi	132, Lynmouth Road, Swindon SN2 2DH	-	-	2	Flat
£440K	11/20	0.39 mi	34, Okus Road, Swindon SN1 4JQ	£2,895	152	2	Flat
£150K	12/20	0.44 mi	32, Lynmouth Road, Swindon SN2 2DH	£3,056	49	2	Flat
£165K	03/23	0.44 mi	50, Lynmouth Road, Swindon SN2 2DH	£2,915	57	2	Flat
£160K	05/23	0.44 mi	80, Lynmouth Road, Swindon SN2 2DH	£2,319	69	2	Flat
£151K	09/21	0.44 mi	74, Lynmouth Road, Swindon SN2 2DH	£2,288	66	2	Flat
£165K	02/23	0.44 mi	68, Lynmouth Road, Swindon SN2 2DH	£2,478	67	2	Flat
£158K	01/21	0.44 mi	22, Lynmouth Road, Swindon SN2 2DH	£2,548	62	2	Flat
£160K	12/20	0.44 mi	98, Lynmouth Road, Swindon SN2 2DH	£2,353	68	2	Flat
£155K	02/23	0.44 mi	94, Lynmouth Road, Swindon SN2 2DH	£2,246	69	2	Flat
£141K	11/20	0.44 mi	122, Lynmouth Road, Swindon SN2 2DH	£2,878	49	2	Flat
£173K	01/23	0.44 mi	54, Lynmouth Road, Swindon SN2 2DH	£2,115	82	2	Flat
£158K	01/21	0.44 mi	22, Lynmouth Road, Swindon SN2 2DH	£2,548	62	2	Flat
£159K	05/21	0.44 mi	88, Lynmouth Road, Swindon SN2 2DH	£2,446	65	2	Flat
£145K	10/23	0.44 mi	142, Lynmouth Road, Swindon SN2 2DH	£2,377	61	2	Flat
£167K	03/23	0.44 mi	14, Lynmouth Road, Swindon SN2 2DH	£2,257	74	2	Flat
£145K	04/23	0.44 mi	102, Lynmouth Road, Swindon SN2 2DH	£1,786	81	2	Flat
£139K	05/21	0.46 mi	6, Florey Court, Swindon SN1 4GX	-	-	2	Flat
£150K	11/21	0.47 mi	30, Chain Court, Swindon SN1 4GW	-	-	2	Flat
£125K	12/20	0.47 mi	50, Chain Court, Swindon SN1 4GW	£2,049	61	2	Flat
£138.5K	06/21	0.47 mi	6, Chain Court, Swindon SN1 4GW	-	-	2	Flat
£159.9K	03/23	0.47 mi	33, Chain Court, Swindon SN1 4GW	£2,622	61	2	Flat
£154K	01/23	0.47 mi	50, Chain Court, Swindon SN1 4GW	£2,525	61	2	Flat
£145K	08/21	0.47 mi	2, Bude Road, Swindon SN2 2DB	£2,164	67	2	Flat
£140K	04/23	0.47 mi	91, Lynmouth Road, Swindon SN2 2DL	-	-	2	Flat
£150K	03/23	0.47 mi	15, Lynmouth Road, Swindon SN2 2DL	£2,511	60	2	Flat
£157.5K	01/23	0.48 mi	58, Florey Court, Swindon SN1 4GX	£2,423	65	2	Flat
£180K	12/22	0.48 mi	92, St Austell Way, Swindon SN2 2DG	£2,169	83	2	Flat
£145K	11/22	0.48 mi	93, St Austell Way, Swindon SN2 2DG	-	-	2	Flat
£145K	01/23	0.48 mi	99, St Austell Way, Swindon SN2 2DG	£2,436	60	2	Flat
£140K	12/22	0.48 mi	96, St Austell Way, Swindon SN2 2DG	-	-	2	Flat
£130K	10/23	0.48 mi	105, St Austell Way, Swindon SN2 2DG	£2,453	53	2	Flat
£140K	11/20	0.49 mi	3, Florey Court, Swindon SN1 4GX	£2,222	63	2	Flat
£146K	06/23	0.49 mi	69, Florey Court, Swindon SN1 4GX	£2,655	55	2	Flat
£147K	11/21	0.49 mi	61, Florey Court, Swindon SN1 4GX	£2,492	59	2	Flat
£141K	02/21	0.49 mi	15, Florey Court, Swindon SN1 4GX	£2,564	55	2	Flat
£137.5K	02/23	0.49 mi	9, Florey Court, Swindon SN1 4GX	£2,218	62	2	Flat
£167K	01/23	0.49 mi	27, Florey Court, Swindon SN1 4GX	£2,493	67	2	Flat
£148K	01/23	0.49 mi	60, Florey Court, Swindon SN1 4GX	£2,467	60	2	Flat
£142.5K	12/22	0.49 mi	16, Yersin Court, Swindon SN1 4GY	-	-	2	Flat
£143.5K	01/23	0.49 mi	49, Yersin Court, Swindon SN1 4GY	-	-	2	Flat
£130K	04/21	0.5 mi	3, Yersin Court, Swindon SN1 4GY	£2,766	47	2	Flat
£163K	12/22	0.52 mi	79, St Austell Way, Swindon SN2 2DG	£2,629	62	2	Flat
£134K	08/21	0.55 mi	138, Padstow Road, Swindon SN2 2EQ	-	-	2	Flat
£130K	06/21	0.55 mi	150, Padstow Road, Swindon SN2 2EQ	£2,000	65	2	Flat
£137K	02/21	0.55 mi	154, Padstow Road, Swindon SN2 2EQ	£1,903	72	2	Flat
£125K	04/21	0.55 mi	228, Padstow Road, Swindon SN2 2EQ	£2,193	57	2	Flat

Local Rents

49 rents from £850/mo to £2.9K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,150	11/24	0.05 mi	-	2	Terraced House
£1,100	09/24	0.07 mi	Tennyson Street, Swindon, SN1	2	Terraced House
£1,100	09/24	0.07 mi	-	2	Terraced House
£900	09/24	0.08 mi	Town Centre	2	House
£1,100	02/25	0.09 mi	-	2	Terraced House
£1,050	02/25	0.1 mi	-	2	Terraced House
£1,100	09/24	0.1 mi	-	2	Terraced House
£950	09/24	0.1 mi	Whitehead Street, Swindon, SN1	2	Terraced House
£1,000	08/24	0.11 mi	Lorne Street, Swindon, Wiltshire, SN1	2	Terraced House
£950	09/24	0.12 mi	Deacon Street, Town Centre, Swindon, SN1	2	Terraced House
£950	09/24	0.12 mi	Deacon Street, Town Centre, Swindon, SN1	2	Terraced House
£1,100	09/24	0.12 mi	Deacon Street, Swindon, SN1	2	Terraced House
£1,050	09/24	0.14 mi	Chester Street, Swindon, Wiltshire, SN1	2	Terraced House
£850	08/24	0.14 mi	William Street, Swindon	2	Flat
£1,100	03/25	0.14 mi	-	2	Flat
£1,100	03/25	0.14 mi	-	2	Terraced House
£1,240	09/24	0.15 mi	Bridge House, Swindon, Wiltshire	2	Flat
£1,000	02/25	0.18 mi	-	2	Flat
£1,000	12/24	0.18 mi	-	2	Flat
£1,000	02/25	0.18 mi	-	2	Flat
£1,000	08/24	0.18 mi	-	2	House
£1,100	09/24	0.18 mi	Bridge House, SN1, SN1	2	Flat
£1,075	09/24	0.19 mi	Electra House	2	Flat
£1,100	08/24	0.19 mi	-	2	Terraced House
£950	11/24	0.19 mi	-	2	Flat
£1,100	03/25	0.19 mi	-	2	Flat
£1,050	09/24	0.2 mi	Stafford Street, Swindon, SN1	2	Terraced House
£975	08/24	0.2 mi	Stafford Street, Old Town, Swindon, Wiltshire, SN1	2	Terraced House
£1,000	08/24	0.2 mi	Guild House, Town Centre	2	Flat
£1,150	08/24	0.2 mi	Guild House, Farnsby Street, SN1	2	Flat
£1,000	08/24	0.21 mi	The Sanctuary, Town Centre, SN1	2	Flat
£1,050	08/24	0.22 mi	Exeter Street, Town Centre, Swindon, SN1	2	Terraced House
£1,150	02/25	0.22 mi	-	2	Terraced House
£1,100	08/24	0.22 mi	-	2	House
£995	08/24	0.22 mi	Dixon Street, Swindon, Wiltshire, SN1	2	Terraced House
£1,300	08/24	0.23 mi	-	2	Flat
£1,000	01/25	0.24 mi	-	2	Terraced House
£2,300	08/24	0.25 mi	-	2	House
£1,000	09/24	0.26 mi	Town Centre, Swindon, SN1	2	Terraced House
£2,170	02/25	0.26 mi	-	2	Flat
£2,850	08/24	0.27 mi	-	2	House
£2,180	01/25	0.27 mi	-	2	Flat
£1,100	08/24	0.27 mi	Hythe Road, SWINDON	2	Flat
£850	04/25	0.27 mi	-	2	Flat
£1,050	09/24	0.27 mi	Dixon Street, Swindon, SN1	2	Terraced House
£1,000	09/24	0.28 mi	Crombey Street, Swindon, SN1	2	Terraced House
£1,100	09/24	0.28 mi	Faringdon House, Faringdon Road, Swindon, Wiltshire, SN1	2	Flat
£1,000	09/24	0.29 mi	George Street, Swindon, Wiltshire, SN1 5HE	2	Terraced House
£850	08/24	0.29 mi	-	2	Flat

Local Area Statistics

Population in SN1	29,45329,453
Population in Swindon	211,186211,186
Town centre distance	1.05 miles away1.05 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.70 miles away0.70 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+24%+24%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+25%+25%

Property History

Listed for £150,000

August 5, 2024

Sold for £120,000

2020

Floor Plans

Description

- CONVERTED 2 BEDROOM APARTMENT - 7.2% RENTAL YIELD FOR INVESTORS - TOWN CENTRE -

Located in Town Centre within walking distance to the train station, shops, leisure facilities and restaurants.

The apartment has been converted in to the loft to create two double bedrooms. the property comprises, kitchen, bathroom with shower, basin & toilet, lounge and two double bedrooms. This property also has its own private entrance.

This is a great investment with the rental demand in the town centre being in high demand and would achieve in the region of £900pcm

121 years remaining on the lease
£500pa Service charge
£0 Ground rent
£206pa Buildings insurance.

Agent Details

Taylors Estate Agents, Swindon

01793 540916

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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