2 Bed Flat, Single Let, Whitchurch, SY13 2DL, £72,500

Mill Street, Prees, SY13 2DL - 3 views - 8 months ago

Sold STC

Leasehold

BTL

ROI: 15%

~68 m²

+1 photos

Valuation

Sold Prices	No enough data locally

Square Metres	~68.11 m²

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£18,125£18,125
Stamp Duty & Legal Fees	£3,375£3,375
Total Cash In	£21,500£21,500

Cash Out
Rent Range	£610 - £1,800£610 - £1,800
Rent Estimate	£650
Running Costs/mo	£377£377
Cashflow/mo	£273£273
Cashflow/yr	£3,281£3,281
ROI	15%15%
Gross Yield	11%11%

Local Sold Prices

Not enough data

Local Rents

9 rents from £610/mo to £1.8K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	08/24	0.22 mi	-	5	Detached House
£1,400	06/24	0.22 mi	-	5	Detached House
£650	09/24	0.24 mi	Church Street, Prees, Whitchurch, Shropshire, SY13	1	Flat
£610	09/24	0.24 mi	Church Street, Prees, Whitchurch, Shropshire, SY13	2	Flat
£850	09/24	0.56 mi	Moreton Street, Prees	1	Flat
£1,800	09/24	1.72 mi	Higher Heath, Whitchurch	5	Detached House
£1,733	05/24	1.96 mi	-	2	Semi-Detached House
£1,400	09/24	1.97 mi	-	4	Detached House
£1,500	09/24	2.08 mi	Weston-Under Redcastle, Shrewsbury	2	Flat

Local Area Statistics

Population in SY13	19,11719,117
Population in Whitchurch	24,88524,885
Town centre distance	98.38 miles away98.38 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.96 miles away0.96 miles away

Rental growth (12m)	+14%+14%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £72,500

August 12, 2024

Description

A lovely first floor apartment located in the heart of prees, the property in brief has 2 bedrooms, kitchen, office/hallway room, shower room, and lounge/diner. Externally there is a car park for this building.

LOUNGE

16' 06" x 11' 06" (5.03m x 3.51m)

KITCHEN
6' 01" x 11' 01" (1.85m x 3.38m)

SHOWEROOM
10' 08" x 5' 09" (3.25m x 1.75m)

HALLWAY/OFFICE ROOM
5' 08" x 12' 09" (1.73m x 3.89m)

BEDROOM ONE
11' 06" x 10' 05" (3.51m x 3.18m)

BEDROOM TWO
13' 09" x 6' 02" (4.19m x 1.88m)

The building can be bought as a freehold buy purchasing Flat 3, 4 ,5 Bedford Place flats at the same time or they can be bought as a leasehold with a resident management company if sold individually on a 999 year lease.

THINKING OF SELLING? AWARD WINNING ESTATE AGENCY!
OFFICIALLY THE SECOND BEST SALES AGENCY IN THE WEST MIDLANDS (winner was in Birmingham), OFFICIALLY THE BEST SALES AGENCY IN SY13 FOR CUSTOMER SERVICE IN 2023

We have proudly got more FIVE STAR REVIEWS ON GOOGLE than any other local agent the most positively reviewed agent in Whitchurch.

Commission Fees - We will not be beaten by any Whitchurch based agent! and we operate on a NO SALE NO FEE basis.

Agent Details

Get Moving Estate Agents, Whitchurch

01948 800658

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed House, Single Let, Whitchurch, SY13 2DL

£275,000

6 days ago • 93 m²

4 Bed House, Single Let, Whitchurch, SY13 1PB

£465,000

10 months ago • 129 m²

4 Bed House, Single Let, Whitchurch, SY13 2DH

£650,000

2 views • 4 months ago • 129 m²

3 Bed Bungalow, Single Let, Whitchurch, SY13 2FD

£425,000

2 days ago • 93 m²