4 Bed HMO, Reading, RG2 0EL, £425,000
44 Basingstoke Road, Reading, RG2 0EL - 2 views - 6 months ago
Sold STC
HMO
ROI: 2%
113 m²





+7 photos
ValuationUndervalued
Sold Prices | £165K - £925K |
Sold Prices/m² | £2.1K/m² - £5.7K/m² |
| |
Square Metres | 113 m² |
Price/m² | £3.8K/m² |
Value Estimate | £475,114 |
BMV | 12% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £106,250 |
Stamp Duty & Legal Fees | £22,700 |
Total Cash In | £128,950 |
| |
Cash Out | |
Room Rate | £663 |
Gross Rent | £2,652 |
Running Costs/mo | £2,404 |
Cashflow/mo | £248 |
Cashflow/yr | £2,971 |
ROI | 2% |
Gross Yield | 7% |
Local Sold Prices
36 sold prices from £165K to £925K, average is £552.5K. £2.1K/m² to £5.7K/m², average is £4.2K/m².
Local Area Statistics
Population in RG2 | 36,866 |
Population in Reading | 321,187 |
Town centre distance | 0.77 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.17 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | -3% |
Property History
Listed for £425,000
October 7, 2024
Sold for £231,500
2012
Sold for £85,000
1998
Sold for £77,000
1997
Floor Plans

Description
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