2 Bed Flat, Single Let, Swindon, SN1 4FE, £165,000

The Belmont, Bradford Road, Old Town, SN1 4FE - 7 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~63 m²
+12 photos

ValuationOvervalued

Sold Prices£72K - £440K
Sold Prices/m²£1.2K/m² - £3.8K/m²

 

 

Square Metres

~63.45 m²
Price/m²£2.6K/m²

Value Estimate

£153,744

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£800 - £3,150

Rent Estimate

£900

Running Costs/mo

£716

Cashflow/mo

£184

Cashflow/yr

£2,213

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £72K to £440K, average is £144.3K. £1.2K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£145K12/200.01 mi14, Bradford Road, Swindon SN1 4FE2
£145K05/210.06 mi27, Godwin Court, Swindon SN1 4BB2
£110K11/210.06 mi28, Godwin Court, Swindon SN1 4BB2
£149K01/230.06 mi40, Godwin Court, Swindon SN1 4BB2
£178K12/210.13 mi8, Albert Street, Swindon, Thamesdown SN1 3HJ2
£175K05/210.14 mi18b, High Street, Swindon SN1 3EP2
£124K10/210.2 mi63, Dewell Mews, Swindon, Thamesdown SN3 1QU2
£142K08/210.2 mi16, Dewell Mews, Swindon, Thamesdown SN3 1QU2
£193K03/210.21 mi30, Steeple View, Swindon SN1 3FH2
£187K02/210.24 mi3, Penfold Gardens, Swindon SN1 4EL2
£120K03/210.26 miFlat 3, Cirencester Court, Drove Road, Swindon SN1 3AU2
£175K12/200.43 mi41a, Kent Road, Swindon SN1 3NG2
£230K11/200.5 mi39, Dixon Street, Swindon SN1 3PL2
£440K11/200.53 mi34, Okus Road, Swindon SN1 4JQ2
£188K11/220.57 mi41, Tunnicliffe Close, Swindon SN3 1FP2
£130K07/210.6 mi19, Gosse Court, Swindon SN3 1FG2
£72K10/210.6 mi29, Tunnicliffe Close, Swindon SN3 1FP2
£164K08/210.62 mi12, Gosse Court, Swindon SN3 1FG2
£150K11/210.62 mi30, Chain Court, Swindon SN1 4GW2
£125K12/200.62 mi50, Chain Court, Swindon SN1 4GW2
£138.5K06/210.62 mi6, Chain Court, Swindon SN1 4GW2
£159.9K03/230.62 mi33, Chain Court, Swindon SN1 4GW2
£154K01/230.62 mi50, Chain Court, Swindon SN1 4GW2
£143.5K01/230.64 mi49, Yersin Court, Swindon SN1 4GY2
£130K04/210.64 mi3, Yersin Court, Swindon SN1 4GY2
£142.5K12/220.65 mi16, Yersin Court, Swindon SN1 4GY2
£157.5K01/230.66 mi58, Florey Court, Swindon SN1 4GX2
£140K11/200.66 mi3, Florey Court, Swindon SN1 4GX2
£146K06/230.66 mi69, Florey Court, Swindon SN1 4GX2
£147K11/210.66 mi61, Florey Court, Swindon SN1 4GX2
£141K02/210.66 mi15, Florey Court, Swindon SN1 4GX2
£137.5K02/230.66 mi9, Florey Court, Swindon SN1 4GX2
£167K01/230.66 mi27, Florey Court, Swindon SN1 4GX2
£148K01/230.66 mi60, Florey Court, Swindon SN1 4GX2
£133K06/210.67 mi4, Orpen Close, Swindon SN3 1FR2
£190K06/210.67 mi9, Orpen Close, Swindon SN3 1FR2
£139K05/210.67 mi6, Florey Court, Swindon SN1 4GX2
£120K11/200.7 mi35a, Curtis Street, Swindon SN1 5JZ2
£330K10/200.71 mi3, Withering Road, Swindon SN1 4GU2
£122K06/210.72 mi19, Allen Close, Swindon SN3 1FH2
£99.8K04/210.72 mi23, Allen Close, Swindon SN3 1FH2
£99.8K04/210.72 mi23, Allen Close, Swindon SN3 1FH2
£154K12/220.78 mi21, Broughton Grange, Swindon SN3 1LW2
£120K12/220.81 mi14, Broughton Grange, Swindon SN3 1LW2
£140K07/210.81 mi33, Broughton Grange, Swindon SN3 1LW2
£140K08/210.81 mi16, Broughton Grange, Swindon SN3 1LW2
£240K05/210.84 mi26, Staldon Road, Swindon SN1 7AG2
£207K01/230.85 mi41, Staldon Road, Swindon SN1 7AG2
£105K12/220.86 mi3, Sadler Walk, Swindon SN3 3AQ2
£115K07/210.89 mi35, Woodhouse Road, Swindon SN3 2GU2

Local Rents

49 rents from £800/mo to £3.1K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£90009/240.04 miThe Shearings, Bradford Road, Old Town, Swindon, SN12
£1,15002/250.05 mi-2
£1,09508/240.05 miRipley Rd, Old Town, Swindon2
£95011/230.06 mi-2
£95011/240.06 mi-2
£95008/240.06 miGodwin Court, Old Town, Swindon, SN12
£1,10009/240.08 miOld Brewery Lane, Old Town, Swindon, Wiltshire, SN12
£1,20009/240.1 miVictoria Road, Old Town, Swindon, Wiltshire, SN12
£1,20009/240.1 miVictoria Road, Old Town, Swindon, Wiltshire, SN12
£3,15009/240.11 miVictoria Road , Swindon, Wiltshire, SN12
£1,50012/240.11 mi-2
£1,50004/250.11 mi-2
£90009/240.12 miLittle London Court, Swindon, SN12
£1,50012/230.12 mi-2
£2,30003/250.13 mi-2
£1,30009/240.15 miLethbridge Road, Old Town, Swindon, Wiltshire, SN12
£1,07509/240.15 miKing William Street, Old Town, Swindon, Wiltshire, SN12
£1,15009/240.15 miStation Approach, Old Town, Swindon, Wiltshire, SN12
£99508/240.16 miEmporium Court, Newport Street, Old Town, Swindon, SN12
£1,20003/250.16 mi-2
£99508/240.16 miQuarry Road, Old Town, Swindon, Wiltshire, SN12
£2,50007/240.17 mi-2
£95009/240.17 miStanley Street, Swindon, Wiltshire2
£1,00009/240.17 mi2 Bedroom ground floor flat to rent, Old Town2
£1,10011/230.18 mi-2
£1,10011/240.18 mi-2
£1,20008/240.19 miQuarry Road, Old Town, Swindon2
£95009/240.2 miDewell Mews, Old Town2
£99509/240.2 miTuke Walk, Old Town, Swindon, Wiltshire, SN12
£1,09508/240.21 miCharlotte Mews, Swindon, Wiltshire, SN12
£80010/240.21 mi-2
£97506/240.21 mi-2
£1,00003/250.23 mi-2
£85009/240.23 mi-2
£1,25011/240.24 mi-2
£1,30009/240.25 miBottle Factory, 18A Lansdown Road, Swindon, SN12
£1,10008/240.26 miVictoria Road, Swindon SN1 3UZ2
£1,00009/240.26 miProspect Hill, Swindon, SN12
£1,00009/240.27 mi-2
£1,10009/240.27 miStrouds Close, Old Town, Swindon, Wiltshire, SN32
£1,20009/240.27 miStrouds Close, Old Town, Swindon, Wiltshire, SN32
£1,15002/250.28 mi-2
£1,15009/240.31 miBerenger Close, Old Town, Swindon2
£1,20008/240.31 miCroft Road, Old Town , Swindon2
£1,10011/240.31 mi-2
£1,00002/240.32 mi-2
£1,00002/250.32 mi-2
£1,00008/240.32 miWestern Street, Old Town, Swindon2
£1,10008/240.32 mi-2

Local Area Statistics

Population in SN1

29,453

Population in Swindon

211,186

Town centre distance

1.34 miles away

Nearest school

0.20 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £165,000

August 21, 2024

Floor Plans

Description

HOUSE are delighted to offer for sale this immaculate two bedroom apartments located in the heart of Old Town, Swindon. The property is offered for sale with NO ONWARD CHAIN and comprises as follows: newly fitted video communal entrance to tow aspects, one via the main road and one via the secure gated parking area. The apartment itself hand a large entrance hallway, sitting room with sliding patio doors to the sunny aspect balcony, impressively equipped kitchen with integral appliances, two double bedrooms and a bathroom.

A notable feature of this fantastic apartment is the secure remote controlled electric gate giving access to the allocated parking space with access to a large storage room.

Leasehold: 125 years from 2003 (104 years remaining)

Service Charge: £595.15 every 6 months (£1190 per annum, this charge will include building insurance.

Ground Rent: £150 per annum for the first 25 years of the 125 year leasehold. This is set to increase 2028. As agent for more detials on this.

Council Tax: BAND C
EPC Rating: C

Property Ref: BFTHE

Agent Details

The House Group, Covering The South West

01672 556194

Next Steps?

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