2 Bed Bungalow, Single Let, SO20 6NW, £245,000

Eldon Close, Kings Somborne, Stockbridge, Hampshire, SO20 6NW - 6 months ago

Sold STC
BTL
ROI: 3%
~54 m²
+6 photos

ValuationUndervalued

Sold Prices£240K - £615K
Sold Prices/m²£4.4K/m² - £6.5K/m²

 

 

Square Metres

~53.70 m²
Price/m²£4.6K/m²

Value Estimate

£253,051
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£13,450

Total Cash In

£74,700

 

 

Cash Out

 

Rent Range

£1,100 - £4,500

Rent Estimate

£1,198

Running Costs/mo

£1,025

Cashflow/mo

£173

Cashflow/yr

£2,073

ROI

3%

Gross Yield

6%

Local Sold Prices

9 sold prices from £240K to £615K, average is £433K. £4.4K/m² to £6.5K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£598K08/220.29 mi2 Redhill Cottages, Winchester Road, Kings Somborne, Stockbridge, Hampshire SO20 6PF2
£615K03/210.38 miThe Pheasants, Romsey Road, Kings Somborne, Stockbridge, Hampshire SO20 6PR2
£433K06/220.9 mi4, Furzedown Cottages, Kings Somborne, Stockbridge, Hampshire SO20 6QJ2
£393K03/222.04 mi2, Tiebridge Cottages, North Houghton, Stockbridge, Hampshire SO20 6LQ2
£240K04/212.55 mi7, The Milsoms, Stockbridge, Hampshire SO20 6JA2
£435.1K09/212.84 miOakhanger, High Street, Stockbridge, Hampshire SO20 6EX2
£435.1K09/212.84 miOakhanger, High Street, Stockbridge, Hampshire SO20 6EX2
£308K12/202.91 mi3, Roman Road, Stockbridge, Hampshire SO20 6HA2
£420K06/213 miWoodcutters Cottage, Mesh Road, Michelmersh, Romsey, Hampshire SO51 0LD2

Local Rents

30 rents from £1.1K/mo to £4.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,39504/250.11 mi-4
£1,69509/240.15 miKing's Somborne Old Palace Farm UNFURNISHED3
£1,85009/240.28 miChurch Road, Kings Somborne, Stockbridge, Hampshire, SO203
£1,85012/240.28 miChurch Road, Kings Somborne, Stockbridge, Hampshire, SO203
£4,00012/240.39 miStockbridge Road, Kings Somborne, Stockbridge, Hampshire, SO205
£4,50012/240.43 miKings Somborne, Stockbridge5
£4,50006/240.43 mi-5
£3,85012/240.43 mi-5
£1,75009/240.83 miHorsebridge Road3
£1,75009/241.38 miCompton Cottages, Kings Somborne, Stockbridge, Hampshire, SO203
£1,95009/241.54 miHoughton, Stockbridge, Hampshire, SO203
£2,90006/241.57 mi-4
£1,26912/241.57 mi-1
£1,26909/241.57 mi-1
£1,48912/241.57 mi-1
£1,58912/241.57 mi-1
£1,39904/251.57 mi-1
£1,58912/241.57 mi-1
£1,38902/251.57 mi-1
£1,38902/251.57 mi-1
£1,34903/251.57 mi-1
£1,75012/241.66 miHoughton Stevens Drove UNFURNISHED5
£3,75012/241.69 miHoughton, Stockbridge, SO204
£4,00012/241.71 miHoughton, Stockbridge, Hampshire, SO204
£1,10009/241.72 mi-1
£1,15509/241.73 mi-1
£1,30001/251.73 mi-1
£1,15004/251.74 mi-1
£2,50009/242.25 miHoughton, Stockbridge / Nr Salisbury, Winchester, Hampshire4
£2,25012/242.41 miMarsh Court, Stockbridge, Hampshire, SO204

Local Area Statistics

Population in SO20

8,117

Nearest school

0.30 miles away

Nearest train station

3.92 miles away

 

 

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £245,000

January 3, 2025

Listed for £255,000

November 8, 2024

Floor Plans

Description

  • 2 bedroom end of terrace bungalow +
  • Large plot +
  • Sought after location +
  • No forward chain +

Michael Rhodes present this two bedroom semi-detached property to the market. Located in the popular village of Kings Somborne, this property benefits from NO FORWARD CHAIN.

Agent Details

Michael Rhodes, Romsey

01794 514455

Next Steps?

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