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2 Bed Flat, Single Let, Hereford, HR2 7QB, £140,000
Adrian Close, Hereford, HR2 7QB - 5 months ago
Sold STC
Leasehold
BTL
ROI: 6%
~62 m²





+6 photos
ValuationOvervalued
Sold Prices | £62.5K - £136.5K |
Sold Prices/m² | £1.1K/m² - £2.7K/m² |
| |
Square Metres | ~61.90 m² |
Price/m² | £2.3K/m² |
Value Estimate | £113,171 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £35,000 |
Stamp Duty & Legal Fees | £8,200 |
Total Cash In | £43,200 |
| |
Cash Out | |
Rent Range | £675 - £1,050 |
Rent Estimate | £821 |
Running Costs/mo | £622 |
Cashflow/mo | £199 |
Cashflow/yr | £2,392 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
20 sold prices from £62.5K to £136.5K, average is £109K. £1.1K/m² to £2.7K/m², average is £1.8K/m².
Local Rents
10 rents from £675/mo to £1.1K/mo, average is £850/mo.
Local Area Statistics
Population in HR2 | 38,935 |
Population in Hereford | 101,068 |
Town centre distance | 5.28 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.89 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | -47% |
Sales demand | Balanced market |
Capital growth (5yrs) | +31% |
Property History
Listed for £140,000
October 25, 2024
Floor Plans

Description
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