2 Bed Flat, Single Let, Letchworth Garden City, SG6 1FZ, £250,000
Ascot Drive, Letchworth Garden City, SG6 1FZ - 4 views - 6 months ago
Sold STC
Leasehold
BTL
ROI: 1%
~68 m²





+5 photos
ValuationOvervalued
Sold Prices | £172.5K - £525K |
Sold Prices/m² | £2.6K/m² - £4.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.7K/m² |
Value Estimate | £243,597 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £71,200 |
| |
Cash Out | |
Rent Range | £585 - £1,795 |
Rent Estimate | £1,100 |
Running Costs/mo | £1,021 |
Cashflow/mo | £79 |
Cashflow/yr | £945 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
28 sold prices from £172.5K to £525K, average is £208.5K. £2.6K/m² to £4.6K/m², average is £3.6K/m².
Local Rents
13 rents from £585/mo to £1.8K/mo, average is £1.3K/mo.
Local Area Statistics
Population in SG6 | 33,166 |
Population in Letchworth Garden City | 33,209 |
Town centre distance | 0.60 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.53 miles away |
| |
Rental growth (12m) | +12% |
Sales demand | Seller's market |
Capital growth (5yrs) | +17% |
Property History
Listed for £250,000
November 10, 2024
Floor Plans

Description
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