2 Bed Flat, Single Let, Wallington, SM6 9DX, £280,000
Heron Way, Wallington, Surrey, SM6 9DX - 3 views - 7 months ago
Sold STC
Leasehold
BTL
ROI: 3%
~68 m²





+2 photos
ValuationUndervalued
Sold Prices | £132.5K - £646K |
Sold Prices/m² | £1.9K/m² - £6.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £4.1K/m² |
Value Estimate | £313,822 |
BMV | 12% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £70,000 |
Stamp Duty & Legal Fees | £11,100 |
Total Cash In | £81,100 |
| |
Cash Out | |
Rent Range | £1,350 - £2,300 |
Rent Estimate | £1,413 |
Running Costs/mo | £1,178 |
Cashflow/mo | £235 |
Cashflow/yr | £2,825 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
30 sold prices from £132.5K to £646K, average is £296.3K. £1.9K/m² to £6.3K/m², average is £4.6K/m².
Local Rents
35 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.
Local Area Statistics
Population in SM6 | 36,166 |
Town centre distance | 0.46 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.69 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +30% |
Sales demand | Seller's market |
Capital growth (5yrs) | +19% |
Property History
Listed for £280,000
September 4, 2024
Floor Plans

Description
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