2 Bed Flat, Single Let, Eastleigh, SO53 2GF, £189,950

Winchester Road, Chandlers Ford, Eastleigh, Hampshire, SO53 2GF - 2 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£143K - £430K
Sold Prices/m²£2.7K/m² - £5.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£224,334
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,488

Stamp Duty & Legal Fees

£6,899

Total Cash In

£54,386

 

 

Cash Out

 

Rent Range

£850 - £1,550

Rent Estimate

£1,013

Running Costs/mo

£816

Cashflow/mo

£197

Cashflow/yr

£2,362

ROI

4%

Gross Yield

6%

Local Sold Prices

34 sold prices from £143K to £430K, average is £214K. £2.7K/m² to £5.7K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£285K02/210.12 mi2, Bodycoats Road, Chandler's Ford, Eastleigh, Hampshire SO53 2GX2
£195K06/210.19 mi19, Prospect Place, Chandler's Ford, Eastleigh, Hampshire SO53 2PP2
£200K05/210.2 miFlat 3, Parkway Court, Parkway Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2DZ2
£240K09/220.2 miFlat 2, Parkway Court, Parkway Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2DZ2
£230K12/220.23 miFlat 9, Southdale Court, Sutherlands Way, Chandler's Ford, Eastleigh, Hampshire SO53 2QA2
£220K06/230.23 miFlat 10, Southdale Court, Sutherlands Way, Chandler's Ford, Eastleigh, Hampshire SO53 2QA2
£340K06/230.23 miFlat 9, Nursery House, Hursley Road, Chandler's Ford, Eastleigh, Hampshire SO53 2RQ2
£347K06/210.24 miMerrilease House, 10, Parklands Close, Chandler's Ford, Eastleigh, Hampshire SO53 2EQ2
£195K06/210.25 mi19, Prospect Place, Chandler's Ford, Eastleigh, Hampshire SO53 2PP2
£175K01/210.31 miFlat 6, Chalvington Court, Chalvington Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DY2
£188K03/210.34 miFlat 8, Chalvington Court, Chalvington Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DY2
£235K09/230.41 mi10, Neilson Close, Chandler's Ford, Eastleigh, Hampshire SO53 1GR2
£197K03/230.42 mi135, Hut Farm Place, Chandler's Ford, Eastleigh, Hampshire SO53 3LR2
£230K11/220.42 mi99, Hut Farm Place, Chandler's Ford, Eastleigh, Hampshire SO53 3LR2
£222.5K04/230.42 mi106, Hut Farm Place, Chandler's Ford, Eastleigh, Hampshire SO53 3LR2
£205K05/230.42 mi133, Hut Farm Place, Chandler's Ford, Eastleigh, Hampshire SO53 3LR2
£430K04/210.47 mi14, Hadrians Close, Chandler's Ford, Eastleigh, Hampshire SO53 2AS2
£356K01/210.47 mi3, Sarum Road, Chandler's Ford, Eastleigh, Hampshire SO53 2AP2
£235.8K02/230.52 mi13, Cherwell Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2NH2
£232K10/220.55 mi3, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£199K11/210.56 mi13, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£235K09/220.56 mi18, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£207.5K04/210.56 mi7, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£207.5K04/210.56 mi7, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£205K07/230.56 mi19, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£251K02/230.56 mi32, Wellbrooke Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1TN2
£230K04/230.63 mi46, Wellbrooke Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1TN2
£180K07/230.74 miFlat 2, Oakwood Court, Oakwood Close, Chandler's Ford, Eastleigh, Hampshire SO53 5NX2
£172K03/210.81 mi10, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£180K01/230.82 mi4, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£143K01/210.92 mi149, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NP2
£155.5K11/200.93 miFlat 8, Freshwater Court, Kingsway, Chandler's Ford, Eastleigh, Hampshire SO53 5DY2
£218K12/220.97 mi151, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NP2
£210K10/220.98 mi113, Sycamore Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 5RG2

Local Rents

24 rents from £850/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35008/230.04 mi-2
£85002/240.19 mi-2
£85003/250.19 mi-2
£85003/250.19 mi-2
£1,15009/240.2 miCentral Precinct, Winchester Road, Chandler'S Ford, Eastleigh, SO532
£1,30009/240.21 miHursley Road, Chandlers Ford, Eastleigh, Hampshire, SO532
£95009/240.21 miThe Central Precinct, Winchester Road, Chandler's Ford, Eastleigh, SO532
£1,05009/240.21 miSutherlands Way, South Millers Dale, Chandler's Ford,2
£1,17504/250.22 mi-2
£1,25001/240.23 mi-2
£1,25001/240.23 mi-2
£1,15009/240.25 miProspect Place, Eastleigh, Hampshire, SO532
£1,35012/240.26 mi-2
£1,30002/250.3 mi-2
£1,15009/240.39 miChandlers Ford2
£1,55009/240.42 miClausentum Close, Peverells Wood, Chandlers Ford2
£1,15002/240.42 miHut Farm Place, Eastleigh, Hampshire, SO532
£1,05010/240.43 mi-2
£1,50009/240.45 miValley Road2
£1,20011/230.47 mi-2
£1,20011/230.47 mi-2
£1,49509/240.49 miSouthdene Road, Chandler's Ford2
£1,20009/240.53 miSouth Millers Dale2
£1,00008/240.57 mi-2

Local Area Statistics

Population in SO53

32,409

Population in Eastleigh

78,741

Town centre distance

1.61 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £189,950

September 9, 2024

Floor Plans

Description

  • NO FORWARD CHAIN +
  • Stylish Character Development +
  • Well Proportioned First Floor Apartment +
  • Entrance Lobby, Living Room, Kitchen & Bathroom +
  • Inner Hall & Two Good Size Double Bedrooms +
  • Double Glazed Sash Windows +
  • Gas Central Heating +
  • Communal Rear Garden +
  • Secure Storage Unit +
  • MUST BE VIEWED +

Situated in a convenient central location within walking distance of Chandlers Ford's amenities is this attractive and well-proportioned first floor apartment within a stylish character development. The apartment benefits from a spacious open-plan living room and kitchen area, two double bedrooms and a good size family bathroom. Other benefits include gas central heating, skimmed ceilings throughout, ornate coving, dado rails and sash windows. There is a well-presented communal rear garden, allocated off-road parking, and an outdoor secure storage unit. Offered with no forward chain.

STYLISH CHARACTER DEVELOPMENT

WELL-PROPORTIONED FIRST FLOOR APARTMENT

ENTRANCE LOBBY * LIVING ROOM * KITCHEN * INNER HALL

FAMILY BATHROOM * TWO GOOD SIZE DOUBLE BEDROOMS

DOUBLE GLAZED SASH WINDOWS * GAS CENTRAL HEATING

ALLOCATED PARKING * COMMUNAL REAR GARDEN

SECURE STORAGE UNIT

ENTRANCE LOBBY: With coat hooks, dado rails and panel style door to;

LIVING ROOM: 12'7 x 12'2 (3.84 x 3.71) TV aerial and phone points, two double radiators, smoke alarm, two side elevation windows and steps down to inner hall.

KITCHEN: 9'0 x 6'8 (2.75 x 2.03) Well fitted with base level and wall mounted wood faced units to incorporate two round stainless steel sink units inset in stone effect work surfaces with tiled splashbacks over. Further features include a stainless steel four ring gas hob with matching fan oven under and canopy style extractor over. There is a recess and plumbing for a washing machine, space for an upright fridge-freezer, a wall mounted Worcester boiler and rear elevation window.

INNER HALL: With hatch to loft space and leading to;

BEDROOM 1: 12'6 x 11'4 (3.80 x 3.44) Double radiator, rear elevation window, TV aerial and phone points.

BEDROOM 2: 10'5 x 9'3 (3.17 x 2.84) Double radiator and side elevation window.

BATHROOM: 9'9 x 5'2 (2.98 x 1.56) Partially tiled with wood effect flooring and a matching white suite of panel bath with overhead shower and glass splashback screen, pedestal wash hand basin with tiled splash back, mirror and concealed over, close coupled w.c with medicine cabinet and shelving over, heated chrome towel rail and an extractor fan.

OUTSIDE: To the front is an allocated parking space and a household waste/ bin store. To the rear there is an attractive communal rear garden and a secure storage unit.

COUNCIL TAX BAND: B (currently £1,609.23) Eastleigh Borough Council

LEASE DETAILS: Ground rent and service/maintenance charge information can be made available upon request.

AGENTS NOTE: Please note the property is currently tenanted and is expected to be of vacant possession in January 2025.

SERVICES -

Water Supply: Mains

Gas Supply: Mains

Electricity Supply: Mains

Drainage: Mains

Heating: Gas Central Heating (Boiler: Worcester Combination)

Broadband: Ask Agent

ADDITIONAL INFORMATION -

Approximate Age: Ask Agent

Materials Used in Construction: Of Traditional Brick & Block Construction

Sellers Position: No Forward Chain

Windows: Double Glazed

Loft Space: N/A

Infant/Junior School: Chandlers Ford Infant & Merdon Junior Schools

Secondary School: Toynbee School

These details were taken by George Mead from whom any further information required can be obtained.

AGENTS NOTE: Services, fittings and equipment referred to within these particulars have not been tested (unless otherwise stated) and no warranties can be given. Accordingly the Buyer(s) must make their own enquiries regarding such matters.

ALEXANDER KEEN DISCLAIMER:
These particulars are produced in good faith for information only and general description and are not to be relied upon as a statement for representation and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements herein. They do not form part of any contract. All properties are offered subject to contract and availability and on the understanding that all negotiations are conducted through Messrs Alexander Keen. No person in Alexander Keen's employment has authority to make or give any warranty or representation whatever in relation to the property.

MONEY LAUNDERING REGULATION:
Please note that due to money laundering regulations prospective purchasers will be required to provide evidence of identification, such as a full valid passport or new form of driving licence with photograph and recent official correspondence, such as a utility bill, with their address on. If the property is being bought in joint names then this applies to all parties. Whilst an offer can be made a sale cannot be instructed upon until this criteria has been satisfied.

Agent Details

Alexander Keen, Chandlers Ford

0238 214 8265

Next Steps?

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