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2 Bed Flat, Single Let, CR8 5LB £299,995
ValuationUndervalued
| Sold Prices | £108K - £355K |
| Sold Prices/m² | £1.7K/m² - £6.3K/m² |
| |
Square Metres | ~68.11 m² |
| Price/m² | £4.4K/m² |
Value Estimate | £331,886 |
| BMV | 11% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £74,999 |
Stamp Duty & Legal Fees | £21,200 |
Total Cash In | £96,198 |
| |
Cash Out | |
Rent Range | £1,200 - £2,500 |
Rent Estimate | £1,461 |
Running Costs/mo | £1,250 |
Cashflow/mo | £211 |
Cashflow/yr | £2,536 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
21 sold prices from £108K to £355K, average is £279.5K. £1.7K/m² to £6.3K/m², average is £4.9K/m².
Local Rents
48 rents from £1.2K/mo to £2.5K/mo, average is £1.6K/mo.
Local Area Statistics
Population in CR8 | 32,301 |
Nearest school | 0.10 miles away |
Nearest train station | 0.13 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +10% |
Property History
Price changed to £299,995
March 28, 2025
Price changed to £260,000
February 20, 2025
Price changed to £275,000
January 31, 2025
Price changed to £290,000
January 4, 2025
Listed for £320,000
September 5, 2024
Floor Plans
Description
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