2 Bed Flat, Single Let, Polegate, BN26 6JH, £160,000
Aberdale Road, Polegate, BN26 6JH - 1 views - 5 months ago
Sold STC
Leasehold
BTL
ROI: 9%
~68 m²





+3 photos
ValuationUndervalued
Sold Prices | £149.9K - £295K |
Sold Prices/m² | £2.5K/m² - £3.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.3K/m² |
Value Estimate | £194,013 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £40,000 |
Stamp Duty & Legal Fees | £9,200 |
Total Cash In | £49,200 |
| |
Cash Out | |
Rent Range | £975 - £1,530 |
Rent Estimate | £1,100 |
Running Costs/mo | £740 |
Cashflow/mo | £360 |
Cashflow/yr | £4,320 |
ROI | 9% |
Gross Yield | 8% |
Local Sold Prices
26 sold prices from £149.9K to £295K, average is £184.9K. £2.5K/m² to £3.8K/m², average is £2.8K/m².
Local Rents
25 rents from £975/mo to £1.5K/mo, average is £1.3K/mo.
Local Area Statistics
Population in BN26 | 11,451 |
Town centre distance | 0.53 miles away |
Nearest school | 0.70 miles away |
Nearest train station | 0.64 miles away |
| |
Rental growth (12m) | +38% |
Sales demand | Balanced market |
Capital growth (5yrs) | +19% |
Property History
Price changed to £160,000
December 31, 2024
Listed for £165,000
November 16, 2024
Description
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