2 Bed Flat, Single Let, Salisbury, SP1 1AF, £195,000
Pilgrims Way, Laverstock, Salisbury, SP1 1AF - 1 views - 5 months ago
Sold STC
Leasehold
BTL
ROI: 3%
~68 m²





+4 photos
ValuationFair Value
Sold Prices | £110K - £245K |
Sold Prices/m² | £1.8K/m² - £3.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £192,960 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £48,750 |
Stamp Duty & Legal Fees | £10,950 |
Total Cash In | £59,700 |
| |
Cash Out | |
Rent Range | £825 - £1,600 |
Rent Estimate | £997 |
Running Costs/mo | £829 |
Cashflow/mo | £168 |
Cashflow/yr | £2,019 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
31 sold prices from £110K to £245K, average is £180K. £1.8K/m² to £3.3K/m², average is £2.8K/m².
Local Rents
10 rents from £825/mo to £1.6K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SP1 | 21,621 |
Population in Salisbury | 93,605 |
Town centre distance | 1.43 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.52 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +49% |
Sales demand | Seller's market |
Capital growth (5yrs) | +9% |
Property History
Listed for £195,000
October 21, 2024
Description
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