2 Bed Flat, Single Let, Stevenage, SG2 8UY, £220,000

SAXON HOUSE Aylward Drive, Stevenage, Hertfordshire, SG2 8UY - 2 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 6%
59 m²
+3 photos

ValuationOvervalued

Sold Prices£102.5K - £277.5K
Sold Prices/m²£1.7K/m² - £4K/m²

 

 

Square Metres

59.04 m²
Price/m²£3.7K/m²

Value Estimate

£198,688

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£1,250 - £3,900

Rent Estimate

£1,269

Running Costs/mo

£961

Cashflow/mo

£308

Cashflow/yr

£3,692

ROI

6%

Gross Yield

7%

Local Sold Prices

23 sold prices from £102.5K to £277.5K, average is £222.5K. £1.7K/m² to £4K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£210K04/220 miFlat 11, Saxon House, Aylward Drive, Stevenage, Hertfordshire SG2 8UY2
£222.5K01/230 miFlat 14, Saxon House, Aylward Drive, Stevenage, Hertfordshire SG2 8UY2
£220K05/230 miFlat 7, Saxon House, Aylward Drive, Stevenage, Hertfordshire SG2 8UY2
£221K12/220 miFlat 26, Saxon House, Aylward Drive, Stevenage, Hertfordshire SG2 8UY2
£215K04/230.04 mi23, Stephenson Mews, Stevenage, Hertfordshire SG2 8UW2
£102.5K04/210.04 mi37, Stephenson Mews, Stevenage, Hertfordshire SG2 8UW2
£225K11/200.42 mi142, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£235K01/230.42 mi142, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£235K02/220.42 mi138, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£236K04/230.42 mi136, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£235K06/210.42 mi150, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£225K11/200.42 mi142, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£110K08/210.42 mi122, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£110K10/220.42 mi126, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£240K05/230.42 mi108, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£235K02/220.42 mi162, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£233.8K04/220.42 mi22, Priestley Road, Stevenage, Hertfordshire SG2 0BP2
£182K11/210.55 mi72, Valley Way, Stevenage, Hertfordshire SG2 9AG2
£180K11/200.74 mi50, Bedwell Crescent, Stevenage, Hertfordshire SG1 1LU2
£225K08/210.74 mi25, The Lawns, Stevenage, Hertfordshire SG2 9RT2
£277.5K12/200.81 mi58, Cuttys Lane, Stevenage, Hertfordshire SG1 1UW2
£210K07/220.93 mi10, Kestrel Close, Stevenage, Hertfordshire SG2 9PB2
£150.5K02/230.95 mi42, Harrow Court, Stevenage, Hertfordshire SG1 1JS2

Local Rents

12 rents from £1.3K/mo to £3.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25008/240 miAylward Drive, Stevenage, Hertfordshire, SG22
£1,25008/240.13 miKeller Close, STEVENAGE2
£1,30008/240.44 miShackleton Spring, Stevenage2
£1,40002/240.46 mi-2
£1,30010/230.51 mi-2
£1,35011/240.51 mi-2
£1,49508/240.54 miShephall Green, Stevenage2
£1,65010/240.54 mi-2
£1,45009/240.56 miHydean Way, Stevenage2
£1,30009/240.57 miBarnwell, Stevenage, SG2 9SJ2
£3,90002/240.62 mi-2
£1,40005/240.62 mi-2

Local Area Statistics

Population in SG2

42,038

Population in Stevenage

42,070

Town centre distance

0.43 miles away

Nearest school

0.30 miles away

Nearest train station

1.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-11%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £220,000

September 25, 2024

Sold for £174,950

2006

Floor Plans

Description

  • En Suite Bathroom +
  • Off Road Parking +
  • Fitted Kitchen +
  • EPC Grade D +
  • Security entrance +
  • Two Double Bedrooms +

This elegant two-bedroom flat is currently listed for sale and boasts an array of superior features. The sophistication of the property is unmistakable from the moment you step inside. The flat offers a spacious reception room that can be adapted to suit your individual living and entertaining needs.

The two bedrooms are generously proportioned, offering ample space for furniture arrangements, ensuring a comfortable living environment. The property also features two bathrooms, each immaculately maintained and designed to provide a serene and private retreat from daily life.

This property represents an excellent opportunity for those seeking a home that combines comfort with the potential for personalisation. Its location and features make it a must-see for anyone in search of their next home.

Please get in touch for more information or to arrange a viewing of this superb property. It's not just a flat; it's a lifestyle waiting to be enjoyed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

HIT240229/2

Agent Details

Your Move, Hitchin

01462 415734

Next Steps?

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