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