2 Bed Flat, Single Let, Stevenage, SG1 2LU, £165,000





ValuationUndervalued
Sold Prices | £77K - £300K |
Sold Prices/m² | £975/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.4K/m² |
Value Estimate | £204,600 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £41,250 |
Stamp Duty & Legal Fees | £6,150 |
Total Cash In | £47,400 |
| |
Cash Out | |
Rent Range | £1,300 - £2,850 |
Rent Estimate | £1,300 |
Running Costs/mo | £796 |
Cashflow/mo | £504 |
Cashflow/yr | £6,053 |
ROI | 13% |
Gross Yield | 9% |
Local Sold Prices
31 sold prices from £77K to £300K, average is £215K. £975/m² to £4.5K/m², average is £3.1K/m².
Local Rents
50 rents from £1.3K/mo to £2.9K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SG1 | 51,296 |
Population in Stevenage | 42,070 |
Town centre distance | 1.04 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 0.21 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +18% |
Property History
Listed for £165,000
September 23, 2024
Floor Plans

Description
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