3 Bed Semi-Detached House, Single Let, Romsey, SO51 7TW, £290,000

Abbotswood Close, Romsey, Hampshire, SO51 7TW - 8 months ago

Sold STC
BTL
ROI: 2%
~138 m²
+8 photos

ValuationUndervalued

Sold Prices£241.5K - £507.5K
Sold Prices/m²£2.8K/m² - £5.9K/m²

 

 

Square Metres

~138 m²
Price/m²£2.1K/m²

Value Estimate

£353,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£17,700

Total Cash In

£90,200

 

 

Cash Out

 

Rent Range

£1,200 - £2,100

Rent Estimate

£1,313

Running Costs/mo

£1,189

Cashflow/mo

£124

Cashflow/yr

£1,490

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £241.5K to £507.5K, average is £310K. £2.8K/m² to £5.9K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£350K02/230 mi2, Abbotswood Close, Romsey, Hampshire SO51 7TW3
£355K12/220.06 mi14, Rimington Gardens, Romsey, Hampshire SO51 7TT3
£310K08/230.07 mi10, Halden Close, Romsey, Hampshire SO51 7TS3
£271K07/230.07 mi12, Halden Close, Romsey, Hampshire SO51 7TS3
£245.1K03/210.07 mi5, Halden Close, Romsey, Hampshire SO51 7TS3
£255K10/200.08 mi23, Halden Close, Romsey, Hampshire SO51 7TS3
£310K03/230.09 mi4, Halden Close, Romsey, Hampshire SO51 7TS3
£302.5K07/230.11 mi6, Pinewood Close, Romsey, Hampshire SO51 7TN3
£241.5K03/210.11 mi4, Pinewood Close, Romsey, Hampshire SO51 7TN3
£300K02/230.11 mi13, Pinewood Close, Romsey, Hampshire SO51 7TN3
£315K12/220.14 mi12, Tavistock Close, Romsey, Hampshire SO51 7TQ3
£280K07/210.16 mi37, Stapleford Close, Romsey, Hampshire SO51 7HU3
£262.5K11/200.16 mi35, Stapleford Close, Romsey, Hampshire SO51 7HU3
£342.5K11/220.18 mi1, Addison Close, Romsey, Hampshire SO51 7TL3
£275K03/210.19 mi20, Lincoln Close, Romsey, Hampshire SO51 7TJ3
£277K07/210.2 mi35, Cavendish Close, Romsey, Hampshire SO51 7HT3
£265K03/210.2 mi29, Cavendish Close, Romsey, Hampshire SO51 7HT3
£260K02/210.2 mi61, Cavendish Close, Romsey, Hampshire SO51 7HT3
£350K12/200.21 mi53, Hunters Crescent, Romsey, Hampshire SO51 7UG3
£340K08/230.23 mi14, Hogarth Close, Romsey, Hampshire SO51 7TF3
£445K08/210.26 mi14, Peel Close, Romsey, Hampshire SO51 7UQ3
£325K09/230.27 mi50, Kinver Close, Romsey, Hampshire SO51 7JU3
£258K06/210.27 mi71, Kinver Close, Romsey, Hampshire SO51 7JW3
£274K04/210.27 mi13, Kinver Close, Romsey, Hampshire SO51 7JW3
£280K08/210.28 mi56, Woodley Close, Romsey, Hampshire SO51 7PD3
£272K06/210.28 mi10, Waverley Close, Romsey, Hampshire SO51 7TG3
£285K06/210.31 mi9, Savernake Close, Romsey, Hampshire SO51 7TD3
£340K05/210.31 mi32, Bransley Close, Romsey, Hampshire SO51 7JT3
£315K08/230.32 mi143, Westering, Romsey, Hampshire SO51 7LX3
£350K03/230.34 mi27, Clover Way, Romsey, Hampshire SO51 7RG3
£390K01/230.34 mi161, Cutforth Way, Romsey, Hampshire SO51 0BG3
£386.5K04/230.36 mi102, Cutforth Way, Romsey, Hampshire SO51 0BD3
£507.5K06/210.36 mi35, Brook Way, Romsey, Hampshire SO51 7JZ3
£280K09/210.38 mi105, St Blaize Road, Romsey, Hampshire SO51 7JY3
£350K03/230.38 mi79, St Blaize Road, Romsey, Hampshire SO51 7JY3
£362K11/220.38 mi39, St Blaize Road, Romsey, Hampshire SO51 7JY3
£295K05/230.38 mi101, St Blaize Road, Romsey, Hampshire SO51 7JY3
£330K11/200.39 mi12, Harefield Court, Romsey, Hampshire SO51 7NN3
£430K03/230.39 mi32, Tate Close, Romsey, Hampshire SO51 0BE3
£346K06/210.4 mi47a, Viney Avenue, Romsey, Hampshire SO51 7NR3
£420K03/210.4 mi42, Fairview Drive, Romsey, Hampshire SO51 7LR3
£279K07/210.42 mi112, St Blaize Road, Romsey, Hampshire SO51 7LW3
£243K03/210.43 mi3, Brickwoods Close, Romsey, Hampshire SO51 7JA3
£471K10/200.44 mi13, Richmond Lane, Romsey, Hampshire SO51 7LB3
£357.5K10/220.45 mi18, Feltham Close, Romsey, Hampshire SO51 8PB3
£365K09/230.45 mi17, Feltham Close, Romsey, Hampshire SO51 8PB3
£299.9K03/210.47 mi4, Viney Avenue, Romsey, Hampshire SO51 7NQ3
£299.9K03/210.47 mi4, Viney Avenue, Romsey, Hampshire SO51 7NQ3
£280K01/230.47 mi46, Viney Avenue, Romsey, Hampshire SO51 7NQ3
£375K02/230.48 mi23, Jenner Way, Romsey, Hampshire SO51 8PD3

Local Rents

20 rents from £1.2K/mo to £2.1K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.12 miTavistock Close, Romsey, Hampshire, SO513
£1,50012/240.16 miRomsey3
£1,50012/240.18 miAddison Close, Romsey3
£1,50012/240.19 miLincoln Close, Romsey3
£1,40009/240.2 miRomsey Beverley Gardens UNFURNISHED3
£1,50009/240.2 miRomsey3
£1,50012/240.22 miRomsey Hogarth Close UNFURNISHED3
£1,60009/240.24 miThomas Hunt Row, Abbotswood Common Road, Romsey, Hampshire, SO513
£1,40009/240.27 miKinver Close, Romsey3
£1,65005/230.32 mi-3
£1,60012/240.36 miCutforth Way, ROMSEY3
£1,45012/240.4 miFairview Drive, ROMSEY3
£1,47512/240.4 miFairview Drive, ROMSEY3
£1,30010/230.42 mi-3
£1,30010/240.42 mi-3
£1,35009/240.47 miViney Avenue, Romsey3
£1,45002/250.48 mi-3
£1,85003/250.5 mi-3
£2,10002/240.52 mi-3
£1,60012/240.54 miViney Avenue, Romsey3

Local Area Statistics

Population in SO51

26,989

Town centre distance

0.91 miles away

Nearest school

0.30 miles away

Nearest train station

1.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £290,000

December 4, 2024

Listed for £300,000

August 30, 2024

Floor Plans

Description

  • Three Bedroom Semi Detached House +
  • Garage +
  • Private Rear Garden +
  • Open Plan Living/Dining Room +
  • No Forward Chain +

Neatly set back from the road this well presented three bedroom semi-detached house includes an entrance porch, private rear garden and a garage. No forward chain.

Agent Details

Michael Rhodes, Romsey

01794 514455

Next Steps?

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