3 Bed Flat, Single Let, Letchworth Garden City, SG6 2SB, £230,000
Upper Maylins, Letchworth Garden City, SG6 2SB - 1 views - 8 months ago
Sold STC
Leasehold
BTL
ROI: 7%
~93 m²





+4 photos
Valuation
Sold Prices | £207K - £383.5K |
Sold Prices/m² | £4.5K/m² - £5.6K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.5K/m² |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £57,500 |
Stamp Duty & Legal Fees | £14,800 |
Total Cash In | £72,300 |
| |
Cash Out | |
Rent Range | £1,400 - £1,750 |
Rent Estimate | £1,424 |
Running Costs/mo | £1,024 |
Cashflow/mo | £400 |
Cashflow/yr | £4,805 |
ROI | 7% |
Gross Yield | 7% |
Local Sold Prices
3 sold prices from £207K to £383.5K, average is £360K.
Local Rents
11 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.
Local Area Statistics
Population in SG6 | 33,166 |
Population in Letchworth Garden City | 33,209 |
Town centre distance | 0.94 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.27 miles away |
| |
Rental growth (12m) | +12% |
Sales demand | Seller's market |
Capital growth (5yrs) | +17% |
Property History
Price changed to £230,000
December 28, 2024
Listed for £240,000
August 20, 2024
Floor Plans

Description
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