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6 Bed HMO, Eastbourne, BN21 4SY £400,000
8 Hyde Road, Eastbourne, East Sussex, BN21 4SY - 23 views - a year ago
HMO
ROI: 10%
132 m²
ValuationOvervalued
| Sold Prices | £425K - £1.8M |
| Sold Prices/m² | £2.1K/m² - £4.6K/m² |
| |
Square Metres | 132 m² |
| Price/m² | £3K/m² |
Value Estimate | £390,859 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £20,700 |
Total Cash In | £120,700 |
| |
Cash Out | |
Room Rate | £614 |
Gross Rent | £3,684 |
Running Costs/mo | £2,715 |
Cashflow/mo | £969 |
Cashflow/yr | £11,622 |
ROI | 10% |
Gross Yield | 11% |
Local Sold Prices
17 sold prices from £425K to £1.8M, average is £720K. £2.1K/m² to £4.6K/m², average is £3.1K/m².
Local Area Statistics
Population in BN21 | 24,783 |
Population in Eastbourne | 107,152 |
Town centre distance | 0.63 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.11 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +13% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +15% |
Property History
Listed for £400,000
August 15, 2024
Sold for £270,000
2016
Floor Plans
Description
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