2 Bed Terraced House, Single Let, Swindon, SN3 2HF, £195,000

Norcliffe Road, Swindon, SN3 2HF - 6 views - 5 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£82.5K - £340K
Sold Prices/m²£1.4K/m² - £5.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£208,474
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£900 - £1,950

Rent Estimate

£900

Running Costs/mo

£809

Cashflow/mo

£91

Cashflow/yr

£1,088

ROI

2%

Gross Yield

6%

Local Sold Prices

40 sold prices from £82.5K to £340K, average is £203.8K. £1.4K/m² to £5.3K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£82.5K03/210.18 mi142, Whitbourne Avenue, Swindon SN3 2BW2
£177K02/210.21 mi85, Horsham Road, Swindon SN3 2FJ2
£150K05/210.28 mi70, Cranmore Avenue, Swindon SN3 2EG2
£200K12/200.3 mi42, Overbrook, Swindon SN3 6AP2
£210K04/230.33 mi8, Hartland Close, Swindon SN3 2NL2
£238K07/230.34 mi603, Queens Drive, Swindon SN3 1AY2
£190K02/210.35 mi4, Karslake Close, Swindon SN3 3SX2
£253K06/230.35 mi4, Karslake Close, Swindon SN3 3SX2
£230K07/230.35 mi12, Karslake Close, Swindon SN3 3SX2
£180K10/210.42 mi6, Stanway Close, Swindon SN3 2HP2
£187.5K11/210.44 mi13, Banwell Avenue, Swindon SN3 2NQ2
£275K03/230.5 mi25, Arundel Close, Lawn, Swindon SN3 1JG2
£287.5K01/210.51 mi1, Conway Road, Swindon SN3 6BU2
£242.5K05/230.54 mi2, Draycott Close, Swindon SN3 2RN2
£171K03/210.54 mi39, Bilborough Drive, Swindon SN3 2GZ2
£131.5K11/200.55 mi82, Colingsmead, Swindon SN3 3TQ2
£87.5K12/200.55 mi25, Woodhouse Road, Swindon SN3 2GU2
£177K03/210.59 mi11, New College Walk, Swindon SN3 2GQ2
£207.5K10/210.66 mi5, Shaftesbury Avenue, Swindon SN3 2GR2
£191.5K03/230.66 mi5, Norwood Close, Swindon SN3 6JS2
£180K06/210.66 mi3, Norwood Close, Swindon, Thamesdown SN3 6JS2
£200K02/230.7 mi26, Austen Crescent, Liden, Swindon SN3 6JF2
£172K11/200.7 mi102, Elmore, Swindon SN3 3TN2
£171K03/210.7 mi104, Elmore, Swindon SN3 3TN2
£170K02/210.7 mi75, Elmore, Swindon SN3 3TN2
£214K05/230.7 mi101, Elmore, Swindon SN3 3TN2
£197K09/210.71 mi7, Buckhurst Crescent, Walcot, Swindon SN3 3DA2
£215K07/230.72 mi244, Marlowe Avenue, Swindon SN3 2PU2
£210K12/200.72 mi11, Banbury Close, Swindon, Thamesdown SN3 1LQ2
£227.5K04/230.73 mi19, Conrad Close, Swindon SN3 6JG2
£220K02/230.76 mi136, Elmore, Swindon SN3 3TP2
£238K01/230.76 mi142, Elmore, Swindon SN3 3TP2
£258K06/230.77 mi2, Wardour Close, Swindon SN3 1JZ2
£300K03/210.79 mi51, Farleigh Crescent, Swindon SN3 1JY2
£187K11/210.81 mi186, Queens Drive, Swindon SN3 1AL2
£210K02/230.82 mi41, Darnley Close, Swindon SN3 3AN2
£245K04/210.86 mi109, Ashbury Avenue, Swindon SN3 3LX2
£177K08/210.87 mi16, Forester Close, Swindon SN3 6PA2
£340K07/210.93 mi29, Sandown Avenue, Swindon, Thamesdown SN3 1QQ2
£302K06/210.94 mi3, Hamworthy Road, Swindon SN3 3PP2

Local Rents

10 rents from £900/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30009/240.18 miSwindon, Wiltshire, SN32
£90009/240.22 miHorsham Road, Swindon, SN32
£1,10002/250.25 mi-2
£1,65009/240.32 miLuxury furnished apartments for rent2
£1,65009/240.32 miLuxury furnished apartments for rent2
£1,90009/240.32 miLuxury furnished apartments for rent2
£1,95009/240.33 miLuxury furnished penthouse apartment2
£97512/240.48 mi-2
£1,29509/240.48 miThe Acorns, Marlborough Road, Swindon, Wiltshire, SN32
£1,15009/240.55 miWoodhouse Road, Swindon2

Local Area Statistics

Population in SN3

51,560

Population in Swindon

211,186

Town centre distance

1.94 miles away

Nearest school

0.10 miles away

Nearest train station

1.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £195,000

November 15, 2024

Floor Plans

Description

Guide Price £195,000-£210,000

Being offered with No Onward Chain! Is this spacious two Bedroom end terraced home, situated within a quiet cul-de-sac position. Located close to local shops, schools and bus routes this property is in a prime location to take advantage of the local amenities. The property also features a private emclosed, well tended Rear Garden and offers potential for off road parking (stp).

The well presented accommodation comprises of Entrance Hall, 18' dual aspect Living Room with patio doors opening into the generous Rear Garden and modern fitted Kitchen. With the Two double Bedrooms and Bathroom, to the first floor.

Further features include the good sized front garden, offering potential to be a made into a driveway (stp), the large Rear Garden with South facing aspect, PVCu Double Glazing and Gas Radiator Heating.

Viewing recommended by the vendors Sole Agents, Richard James.

Council Tax Band: B

Please note: This property is off non-standard construction, which needs to be taken into consideration when applying for mortgage. For further details, please contact the office.

Agent Details

Richard James, Stratton St. Margaret

01793 540583

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪