4 Bed Terraced House, Single Let, Swindon, SN3 2PD, £250,000

Welcombe Avenue, Park South, Swindon, SN3 2PD - 4 views - 7 months ago

Sold STC

BTL

ROI: 3%

~129 m²

+11 photos

ValuationUndervalued

Sold Prices	£215K - £625K
Sold Prices/m²	£1.6K/m² - £4.4K/m²

Square Metres	~129.26 m²
Price/m²	£1.9K/m²
Value Estimate	£310,000£310,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£8,700£8,700
Total Cash In	£71,200£71,200

Cash Out
Rent Range	£1,200 - £3,500£1,200 - £3,500
Rent Estimate	£1,250
Running Costs/mo	£1,051£1,051
Cashflow/mo	£199£199
Cashflow/yr	£2,385£2,385
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

44 sold prices from £215K to £625K, average is £371K. £1.6K/m² to £4.4K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£255K	04/21	0.06 mi	338, Welcombe Avenue, Swindon SN3 2PB	£2,107	121	4	Semi-Detached House
£222K	05/23	0.06 mi	6, Bembridge Close, Swindon SN3 2PG	£2,071	107	4	Semi-Detached House
£215K	06/21	0.1 mi	7, Hartland Close, Swindon SN3 2NL	£2,443	88	4	Semi-Detached House
£225K	05/21	0.53 mi	76, Thorne Road, Swindon SN3 6DT	£2,586	87	4	Terraced House
£370K	07/23	0.61 mi	21, Chalford Avenue, Swindon SN3 3NT	-	-	4	Semi-Detached House
£310K	12/20	0.64 mi	30, Highclere Avenue, Swindon SN3 1HB	£1,962	158	4	Semi-Detached House
£425K	06/21	0.65 mi	36, Rawston Close, Swindon SN3 3PW	-	-	4	Detached House
£345K	05/23	0.65 mi	28, Rawston Close, Swindon SN3 3PW	-	-	4	Semi-Detached House
£320K	11/20	0.66 mi	11, Buckingham Road, Swindon, Thamesdown SN3 1HZ	£3,463	92	4	Semi-Detached House
£430K	12/20	0.67 mi	137, Windsor Road, Swindon SN3 1LJ	-	-	4	Detached House
£535K	06/21	0.67 mi	117, Windsor Road, Swindon SN3 1LJ	-	-	4	Detached House
£310K	04/21	0.69 mi	83, Woodside Avenue, Swindon SN3 1DU	£2,650	117	4	Semi-Detached House
£350K	06/23	0.69 mi	83, Woodside Avenue, Swindon SN3 1DU	£2,991	117	4	Semi-Detached House
£525K	08/21	0.7 mi	24, Sandringham Road, Swindon SN3 1HP	-	-	4	Detached House
£420K	05/21	0.72 mi	39, Falmouth Grove, Swindon SN3 1EL	-	-	4	Detached House
£372K	03/21	0.73 mi	13, Tenby Close, Swindon SN3 1LN	-	-	4	Detached House
£385K	01/21	0.73 mi	39, Wigmore Avenue, Lawn, Swindon SN3 1ES	£3,263	118	4	Semi-Detached House
£256K	03/21	0.73 mi	4, Bronte Close, Swindon SN3 6JL	-	-	4	Semi-Detached House
£510K	05/21	0.74 mi	31, Keyneston Road, Swindon SN3 3PS	£3,312	154	4	Detached House
£415K	10/20	0.76 mi	18, Guildford Avenue, Swindon SN3 1JE	£3,578	116	4	Detached House
£545K	03/21	0.76 mi	15, Sandringham Road, Swindon SN3 1HW	-	-	4	Detached House
£625K	03/23	0.76 mi	1, Sandringham Road, Swindon SN3 1HW	£3,064	204	4	Detached House
£275K	03/23	0.77 mi	21, Boldrewood, Swindon SN3 6JP	£2,750	100	4	Terraced House
£585K	06/21	0.77 mi	30, Okebourne Park, Swindon SN3 6AH	-	-	4	Detached House
£625K	01/21	0.77 mi	10, Okebourne Park, Swindon SN3 6AH	£2,451	255	4	Detached House
£400K	01/21	0.79 mi	103, Windsor Road, Swindon SN3 1LG	£3,200	125	4	Detached House
£375K	06/21	0.8 mi	40, South View Avenue, Swindon SN3 1DZ	-	-	4	Semi-Detached House
£320K	12/20	0.81 mi	41, South View Avenue, Swindon SN3 1DZ	£3,368	95	4	Semi-Detached House
£620K	11/20	0.82 mi	205, Marlborough Road, Swindon SN3 1NN	£3,147	197	4	Detached House
£498K	06/21	0.83 mi	11, Canterbury Close, Swindon SN3 1HU	£3,132	159	4	Detached House
£290K	02/21	0.84 mi	68, Upham Road, Swindon SN3 1DN	£3,372	86	4	Semi-Detached House
£370K	03/23	0.85 mi	2, Radley Close, Swindon SN3 3RG	£3,592	103	4	Semi-Detached House
£365K	03/21	0.87 mi	28, South View Avenue, Swindon SN3 1EA	£4,441	82	4	Semi-Detached House
£388K	01/23	0.87 mi	73, Walcot Road, Swindon SN3 1BY	£3,288	118	4	Semi-Detached House
£295K	05/21	0.91 mi	52, Bullfinch Close, Swindon, Thamesdown SN3 5HP	£3,018	98	4	Semi-Detached House
£312K	03/21	0.92 mi	14, Shipton Grove, Swindon SN3 1BZ	£2,346	133	4	Semi-Detached House
£402.5K	02/21	0.92 mi	30, Shipton Grove, Swindon SN3 1BZ	-	-	4	Detached House
£355K	06/23	0.92 mi	65, Walcot Road, Swindon SN3 1BY	£1,592	223	4	Detached House
£422.5K	08/21	0.94 mi	1, Owl Close, Swindon, Thamesdown SN3 5LL	-	-	4	Detached House
£315K	02/21	0.94 mi	37, Larksfield, Swindon SN3 5AD	£3,621	87	4	Semi-Detached House
£255K	11/21	0.94 mi	4, Larksfield, Swindon SN3 5AD	£2,406	106	4	Semi-Detached House
£366K	06/21	0.95 mi	46, Eastern Avenue, Swindon SN3 1AD	-	-	4	Semi-Detached House
£465K	09/21	0.95 mi	5, Eastmere, Swindon SN3 6JY	£3,185	146	4	Detached House
£458K	06/23	0.98 mi	12, Brecon Close, Swindon SN3 1JT	-	-	4	Detached House

Local Rents

22 rents from £1.2K/mo to £3.5K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	11/24	0.26 mi	-	3	Detached House
£1,900	11/24	0.27 mi	-	3	Terraced House
£1,700	04/25	0.27 mi	-	3	Terraced House
£1,400	09/24	0.32 mi	Hawker Road, SWINDON	4	Flat
£1,400	09/24	0.32 mi	Hawker Road, Swindon	4	Detached House
£3,500	02/25	0.33 mi	-	3	Terraced House
£1,250	02/25	0.35 mi	-	3	Terraced House
£1,250	09/24	0.41 mi	Leighton Avenue, Swindon	3	Detached House
£1,750	01/25	0.45 mi	-	3	Semi-Detached House
£1,300	03/25	0.45 mi	-	3	Semi-Detached House
£1,300	09/24	0.45 mi	-	3	Terraced House
£1,200	12/24	0.47 mi	-	3	Terraced House
£1,500	04/25	0.47 mi	-	3	Semi-Detached House
£1,300	09/24	0.51 mi	Sutton Road, Swindon, SN3	3	Detached House
£1,450	09/24	0.53 mi	-	3	Terraced House
£1,450	11/24	0.53 mi	-	3	Terraced House
£1,350	09/24	0.55 mi	Hewitt Close, Swindon, SN3	3	Semi-Detached House
£1,350	09/24	0.56 mi	Overbrook, Swindon	3	Detached House
£1,300	09/24	0.58 mi	Bevisland, Eldene, Swindon	3	House
£1,250	09/24	0.59 mi	Stubsmead, Eldene, Swindon, Wiltshire, SN3	3	Flat
£1,250	09/24	0.59 mi	Stubsmead, Eldene, Swindon, Wiltshire, SN3	3	Terraced House
£2,800	08/24	0.62 mi	-	3	Semi-Detached House

Local Area Statistics

Population in SN3	51,56051,560
Population in Swindon	211,186211,186
Town centre distance	1.78 miles away1.78 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.76 miles away1.76 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+41%+41%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £250,000

September 23, 2024

Floor Plans

Description

* A MUST VIEW FAMILY SIZED HOME * 4 BEDROOMS * STYLISHLY PRESENTED THROUGHOUT *

* AN IMPRESSIVE HOME BOASTING: C. 900 SQ FT / 84 SQ METERS OF DECEPTIVELY SPACIOUS LIVING ACCOMMODATION * READY TO MOVE INTO * AN 'OPEN PLAN' KITCHEN/BREAKFAST/DINING/LIVING AREA * DRIVEWAY PARKING TO THE REAR + A GOOD SIZE & FULLY ENCLOSED REAR GARDEN * GAS RADIATOR CENTRAL HEATING * UPVC DOUBLE GLAZING *

This delightful property offers excellent access to Old Town, the Town Centre, the Railway Station, Greenbridge Retail Park, North Swindon Orbital Retail Park & Shopping Centre. In addition, the property also provides excellent access to major road links such as the A420, A419, A417, Junction 15 Of The Motorway & the Great Western Hospital.

Tenure: Freehold