2 Bed Flat, Single Let, Carnforth, LA6 1PT, £105,000

27 MAYFIELD AVENUE, HOLME, CARNFORTH, CUMBRIA, LA6 1PT - 7 months ago

Sold STC
Leasehold
BTL
ROI: 5%
52 m²
+9 photos

ValuationOvervalued

Sold Prices£83K - £125K
Sold Prices/m²£1.5K/m² - £2.3K/m²

 

 

Square Metres

51.94 m²
Price/m²£2K/m²

Value Estimate

£101,563

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£495 - £1,500

Rent Estimate

£599

Running Costs/mo

£468

Cashflow/mo

£131

Cashflow/yr

£1,573

ROI

5%

Gross Yield

7%

Local Sold Prices

10 sold prices from £83K to £125K, average is £105.1K. £1.5K/m² to £2.3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£107.3K09/220.11 mi51, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1SD2
£103K11/210.12 mi52, Pear Tree Park, Holme, Carnforth, Cumbria LA6 1PP2
£125K11/200.39 mi22, Chestnut Close, Holme, Carnforth, Cumbria LA6 1RX2
£125K12/200.39 mi17, Chestnut Close, Holme, Carnforth, Cumbria LA6 1RX2
£110K11/212.05 mi3, Firs Flats, Milnthorpe, Cumbria LA7 7QQ2
£110K11/212.06 mi3, Firs Flats, Milnthorpe, Cumbria LA7 7QQ2
£95K10/212.07 mi109, Owlet Ash Fields, Milnthorpe, Cumbria LA7 7DR2
£102K06/212.22 mi55, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU2
£102K06/212.22 mi55, Ryleyfield Road, Milnthorpe, Cumbria LA7 7PU2
£83K12/202.3 mi17, Kirkhead, Milnthorpe, Cumbria LA7 7PX2

Local Rents

23 rents from £495/mo to £1.5K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£97503/250.5 mi-2
£95005/241.11 miClawthorpe, Carnforth, LA6 1NU3
£75004/241.56 miGlebe Close, Burton, Carnforth2
£82507/241.58 miBeetham House, Beetham, Milnthorpe, Cumbria, LA72
£82508/241.58 miBeetham House, Beetham, Milnthorpe, Cumbria, LA72
£1,50010/231.65 miParsonage Farmhouse, Beetham, Milnthorpe, LA7 7AL4
£49501/251.75 mi-1
£79505/241.85 miMowbray Drive, Burton, Carnforth1
£1,30004/241.96 mi-3
£80005/242.05 miMill Lane, Beetham Road, Milnthorpe, LA72
£75002/242.11 mi-1
£88004/242.11 mi-1
£78007/242.11 mi-1
£1,20009/242.11 mi-1
£84010/242.11 mi-1
£60010/232.11 mi6 The Square, Milnthorpe, Cumbria, LA7 7QJ2
£59507/242.11 mi6 The Square, Milnthorpe, LA7 7QJ2
£65001/242.12 mi-2
£97511/232.16 mi-3
£85007/242.25 mi80 Park Road, Milnthorpe, LA7 7AD3
£75005/242.27 mi23 Bela Forge, Milnthorpe, Cumbria, LA7 7RE2
£85009/242.35 mi3 St. Anthonys Close, Milnthorpe1
£1,45010/232.35 miParkside House, Milnthorpe, LA7 7AN4

Local Area Statistics

Population in LA6

12,877

Population in Carnforth

29,230

Town centre distance

4.89 miles away

Nearest school

0.20 miles away

Nearest train station

3.73 miles away

 

 

Rental growth (12m)

-38%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £105,000

August 31, 2024

Floor Plans

Description

  • Modern and stylish ground floor flat +
  • Lounge Diner +
  • Kitchen with integrated appliances +
  • Fully tiled bathroom +
  • Two bedrooms +
  • UPVC DG and GCH +
  • Available at 60% of Full Market Value +
  • Private and visitors parking +

Modern and stylish ground floor flat on popular Pear Tree Park development. Available at 60% of Full Market Value - criteria applies. Lounge diner, kitchen with appliances and two bedrooms. Private patio plus parking.

Agent Details

Milne Moser, Milnthorpe

01539 885317

Next Steps?

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