2 Bed Flat, Single Let, Letchworth Garden City, SG6 1FL, £245,000
3 Principal Court, Letchworth Garden City, Hertfordshire, SG6 1FL - 2 views - 5 months ago
Sold STC
Leasehold
BTL
ROI: 1%
61 m²





+7 photos
ValuationFair Value
Sold Prices | £170K - £249.5K |
Sold Prices/m² | £3K/m² - £4.4K/m² |
| |
Square Metres | 61 m² |
Price/m² | £4K/m² |
Value Estimate | £240,406 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £61,250 |
Stamp Duty & Legal Fees | £8,550 |
Total Cash In | £69,800 |
| |
Cash Out | |
Rent Range | £565 - £1,795 |
Rent Estimate | £1,050 |
Running Costs/mo | £996 |
Cashflow/mo | £54 |
Cashflow/yr | £653 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
24 sold prices from £170K to £249.5K, average is £212K. £3K/m² to £4.4K/m², average is £4K/m².
Local Rents
21 rents from £565/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 | 1.04 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 0.67 miles away |
| |
Rental growth (12m) | +12% |
Sales demand | Seller's market |
Capital growth (5yrs) | +17% |
Property History
Listed for £245,000
November 19, 2024
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
Sold STC
2 Bed Flat, Single Let, Letchworth Garden City, SG6 1FL
£260,000
1 views • 7 months ago • 65 m²
2 Bed House, Single Let, Letchworth Garden City, SG6 1FL
£320,000
4 views • a month ago • 68 m²
Sold STC
4 Bed House, Single Let, Letchworth Garden City, SG6 1AX
£1,100,000
2 months ago • 211 m²
Sold STC
3 Bed House, Single Let, Letchworth Garden City, SG6 4NZ
£345,000
2 months ago • 70 m²