6 Bed HMO, Swindon, SN1 3AY £425,000
Victoria Road, Swindon, Wiltshire, SN1 3AY - a year ago
Sold STC
HMO
Outside Article 4
ROI: 7%
~174 m²




ValuationUndervalued
| Sold Prices | £410K - £865K |
| Sold Prices/m² | £3.2K/m² - £5.9K/m² |
| |
Square Metres | ~173.90 m² |
| Price/m² | £2.4K/m² |
Value Estimate | £527,000 |
| BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £106,250 |
Stamp Duty & Legal Fees | £33,700 |
Total Cash In | £139,950 |
| |
Cash Out | |
Room Rate | £602 |
Gross Rent | £3,612 |
Running Costs/mo | £2,786 |
Cashflow/mo | £826 |
Cashflow/yr | £9,917 |
ROI | 7% |
Gross Yield | 10% |
Local Sold Prices
5 sold prices from £410K to £865K, average is £497.5K. £3.2K/m² to £5.9K/m², average is £3.4K/m².
Local Area Statistics
Population in SN1 | 29,453 |
Population in Swindon | 211,186 |
Town centre distance | 1.09 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.83 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +3% |
Sales demand | Seller's market |
Capital growth (5yrs) | +25% |
Property History
Listed for £425,000
November 15, 2024
Floor Plans
Description
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