3 Bed Terraced House, Potential PLO/LOA, Gainsborough, DN21 1DD, £80,000
134 Sandsfield Lane, Gainsborough, Lincolnshire, DN21 1DD - 6 views - 5 months ago
Sold STC
Negative Equity
ROI: 3%
115 m²





+9 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £20,000 |
Stamp Duty & Legal Fees | £3,750 |
Total Cash In | £23,750 |
| |
Cash Out | |
Rent Range | £575 - £945 |
Rent Estimate | £425 |
Running Costs/mo | £355 |
Cashflow/mo | £70 |
Cashflow/yr | £840 |
ROI | 4% |
Gross Yield | 6% |
Local Rents
14 rents from £575/mo to £945/mo, average is £688/mo.
Local Area Statistics
Population in DN21 | 36,969 |
Population in Gainsborough | 37,066 |
Town centre distance | 0.81 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.34 miles away |
| |
Rental demand | Landlord's market |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Price changed to £80,000
November 27, 2024
Listed for £85,000
-6%
October 10, 2024
Sold for £90,000
2007
Sold for £25,000
2002
Floor Plans

Description
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