2 Bed Flat, Single Let, Barnstaple, EX32 8BA, £118,000
Alexandra Road, Barnstaple, EX32 8BA - 5 months ago
Sold STC
Leasehold
BTL
ROI: 5%
~68 m²





+3 photos
ValuationUndervalued
Sold Prices | £88K - £205K |
Sold Prices/m² | £1.9K/m² - £4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.7K/m² |
Value Estimate | £143,960 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £29,500 |
Stamp Duty & Legal Fees | £7,100 |
Total Cash In | £36,600 |
| |
Cash Out | |
Rent Range | £675 - £1,100 |
Rent Estimate | £665 |
Running Costs/mo | £522 |
Cashflow/mo | £143 |
Cashflow/yr | £1,719 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
33 sold prices from £88K to £205K, average is £147K. £1.9K/m² to £4K/m², average is £2.5K/m².
Local Rents
26 rents from £675/mo to £1.1K/mo, average is £850/mo.
Local Area Statistics
Population in EX32 | 23,896 |
Population in Barnstaple | 48,982 |
Town centre distance | 0.32 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.59 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +33% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +13% |
Property History
Listed for £118,000
November 25, 2024
Floor Plans

Description
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