2 Bed Flat, Single Let, Swindon, SN3 2FL, £137,500

Horsham Road, Swindon, SN3 2FL - 4 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£72K - £230K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£138,150

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,375

Stamp Duty & Legal Fees

£5,325

Total Cash In

£39,700

 

 

Cash Out

 

Rent Range

£800 - £3,150

Rent Estimate

£872

Running Costs/mo

£624

Cashflow/mo

£248

Cashflow/yr

£2,975

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £72K to £230K, average is £131.5K. £1.2K/m² to £3.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£130K04/210.18 mi397, Cranmore Avenue, Swindon SN3 2EY2
£107.5K12/200.23 mi205, Whitbourne Avenue, Swindon SN3 2LL2
£96.5K03/210.28 mi11, Blakesley Close, Swindon SN3 2HU2
£170K12/220.29 mi145, Kingswood Avenue, Park North, Swindon SN3 2RF2
£118K07/210.34 mi74, Carstairs Avenue, Swindon SN3 2DF2
£115K07/210.35 mi35, Woodhouse Road, Swindon SN3 2GU2
£120K12/220.44 mi14, Broughton Grange, Swindon SN3 1LW2
£140K07/210.44 mi33, Broughton Grange, Swindon SN3 1LW2
£140K08/210.44 mi16, Broughton Grange, Swindon SN3 1LW2
£125K03/210.45 mi23, Midhurst Avenue, Swindon SN3 2QG2
£154K12/220.46 mi21, Broughton Grange, Swindon SN3 1LW2
£105K12/220.53 mi3, Sadler Walk, Swindon SN3 3AQ2
£115K09/220.63 mi1, Dacre Road, Swindon SN3 3DN2
£127K12/220.64 mi15, Tudor Walk, Swindon SN3 3DP2
£76K02/210.66 mi10, Kimmeridge Close, Nythe, Swindon SN3 3PZ2
£145K12/220.68 mi13, Charminster Close, Swindon SN3 3QB2
£153K09/220.72 mi43, Kennedy Drive, Swindon SN3 3SB2
£193K03/210.99 mi30, Steeple View, Swindon SN1 3FH2
£175K05/211.04 mi18b, High Street, Swindon SN1 3EP2
£124K10/211.05 mi63, Dewell Mews, Swindon, Thamesdown SN3 1QU2
£142K08/211.05 mi16, Dewell Mews, Swindon, Thamesdown SN3 1QU2
£120K03/211.06 miFlat 3, Cirencester Court, Drove Road, Swindon SN1 3AU2
£188K11/221.06 mi41, Tunnicliffe Close, Swindon SN3 1FP2
£72K10/211.08 mi29, Tunnicliffe Close, Swindon SN3 1FP2
£133K06/211.08 mi4, Orpen Close, Swindon SN3 1FR2
£190K06/211.08 mi9, Orpen Close, Swindon SN3 1FR2
£122K06/211.09 mi19, Allen Close, Swindon SN3 1FH2
£99.8K04/211.09 mi23, Allen Close, Swindon SN3 1FH2
£99.8K04/211.09 mi23, Allen Close, Swindon SN3 1FH2
£130K07/211.09 mi19, Gosse Court, Swindon SN3 1FG2
£164K08/211.11 mi12, Gosse Court, Swindon SN3 1FG2
£178K12/211.12 mi8, Albert Street, Swindon, Thamesdown SN1 3HJ2
£149K01/231.13 mi40, Godwin Court, Swindon SN1 4BB2
£145K05/211.13 mi27, Godwin Court, Swindon SN1 4BB2
£110K11/211.13 mi28, Godwin Court, Swindon SN1 4BB2
£162K11/221.13 mi92, Pheasant Close, Covingham, Swindon SN3 5HT2
£145K12/201.19 mi14, Bradford Road, Swindon SN1 4FE2
£150K08/211.27 mi87, Colebrook Road, Swindon SN3 4DU2
£140K12/221.29 mi65, Farriers Close, Swindon SN1 2QX2
£120K06/211.31 mi33, Farriers Close, Swindon SN1 2QU2
£175K12/201.31 mi53, Slade Drive, Swindon SN3 4DS2
£155K10/221.32 mi82, Wrenswood, Covingham, Swindon SN3 5AR2
£119K09/211.33 mi64, Wrenswood, Swindon, Thamesdown SN3 5AR2
£112K01/211.33 mi36, Wrenswood, Swindon, Thamesdown SN3 5AR2
£130K06/211.33 mi60, Wrenswood, Swindon SN3 5AR2
£130K09/211.33 mi22, Wrenswood, Swindon SN3 5AR2
£151K12/221.33 mi32, Wrenswood, Covingham, Swindon SN3 5AR2
£187K02/211.43 mi3, Penfold Gardens, Swindon SN1 4EL2
£120K10/201.48 mi67, Sandgate, Swindon SN3 4HH2
£230K11/201.54 mi39, Dixon Street, Swindon SN1 3PL2

Local Rents

50 rents from £800/mo to £3.1K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10002/250.05 mi-2
£90009/240.08 miHorsham Road, Swindon, SN32
£1,90009/240.1 miLuxury furnished apartments for rent2
£1,65009/240.1 miLuxury furnished apartments for rent2
£1,65009/240.1 miLuxury furnished apartments for rent2
£1,95009/240.1 miLuxury furnished penthouse apartment2
£1,15009/240.35 miWoodhouse Road, Swindon2
£1,30009/240.42 miSwindon, Wiltshire, SN32
£1,30009/240.65 miOakfield Avenue, Swindon2
£1,29509/240.67 miThe Acorns, Marlborough Road, Swindon, Wiltshire, SN32
£97512/240.68 mi-2
£1,09508/240.98 miCharlotte Mews, Swindon, Wiltshire, SN12
£90009/241 mi-2
£85009/241 miTwickenham Close, Swindon, Wiltshire, SN32
£1,10009/241.01 miStrouds Close, Old Town, Swindon, Wiltshire, SN32
£1,20009/241.01 miStrouds Close, Old Town, Swindon, Wiltshire, SN32
£1,00009/241.01 mi2 Bedroom ground floor flat to rent, Old Town2
£97506/241.02 mi-2
£1,00009/241.02 mi-2
£1,00002/241.02 mi-2
£1,00002/251.02 mi-2
£95009/241.05 miDewell Mews, Old Town2
£87509/241.05 miCole Close, Covingham, Swindon, SN32
£1,25011/241.06 mi-2
£1,29512/241.06 mi-2
£87509/241.06 miFranklin House, Twickenham Close, Swindon, Wiltshire, SN32
£2,30003/251.06 mi-2
£1,20003/251.06 mi-2
£99508/241.06 miEmporium Court, Newport Street, Old Town, Swindon, SN12
£1,15009/241.07 miBerenger Close, Old Town, Swindon2
£95009/241.08 miTunnicliffe Close, SWINDON2
£1,00009/241.08 miTunnicliffe Close, SWINDON2
£3,15009/241.08 miVictoria Road , Swindon, Wiltshire, SN12
£1,00009/241.09 miAllen Close, SWINDON2
£90009/241.11 miLittle London Court, Swindon, SN12
£1,15009/241.11 miStation Approach, Old Town, Swindon, Wiltshire, SN12
£1,50012/231.12 mi-2
£95008/241.13 miGodwin Court, Old Town, Swindon, SN12
£95011/231.13 mi-2
£95011/241.13 mi-2
£1,10009/241.13 miOld Brewery Lane, Old Town, Swindon, Wiltshire, SN12
£1,02509/241.16 miSwan Close, Swindon, SN3 4QB2
£80010/241.16 mi-2
£1,20009/241.17 miVictoria Road, Old Town, Swindon, Wiltshire, SN12
£1,20009/241.17 miVictoria Road, Old Town, Swindon, Wiltshire, SN12
£1,20003/251.17 mi-2
£1,15002/251.17 mi-2
£85009/241.18 mi-2
£1,10011/231.18 mi-2
£1,10011/241.18 mi-2

Local Area Statistics

Population in SN3

51,560

Population in Swindon

211,186

Town centre distance

1.71 miles away

Nearest school

0.10 miles away

Nearest train station

1.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £137,500

November 12, 2024

Floor Plans

Description

  • A well presented two bedroom first floor apartment situated in a popular location +
  • Close to local amenities, schools and college +
  • Excellent road access is afforded to the A419 and M4 Junction 15 and Swindon Central train Station with direct train to London Paddington c. 2.4 miles away +
  • Entrance hall with storage +
  • Living/dining room open to the kitchen with built in oven, hob and extractor fan over +
  • Bathroom with shower over the bath +
  • Two double bedrooms +
  • Electric storage heating and double glazing +
  • Outside to the rear is an allocated parking space for one vehicle +

A well presented two bedroom first floor apartment situated in a popular location close to local amenities, schools and college. Excellent road access is afforded to the A419 and M4 Junction 15 and Swindon Central train Station with direct train to London Paddington c. 2.4 miles away. The spacious accommodation comprises: entrance hall with storage, living/dining room open to the kitchen with built in oven, hob and extractor fan over, bathroom with shower over the bath and two double bedrooms. The property further benefits from electric storage heating and double glazing. Outside to the rear is an allocated parking space for one vehicle.

Leasehold property. A lease of 125 years was granted from 1st January 2007. There is a management charge of £2,000 per annum. Ground rent: £250 per annum.

Tenure: Leasehold. EPC: C79. Council Tax Band: B

Agent Details

Hanley's, Highworth

01793 540434

Next Steps?

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