2 Bed Flat, Single Let, Basingstoke, RG24 9RT, £160,000
Penton Way, Basingstoke, Hampshire, RG24 9RT - 5 months ago
Sold STC
Leasehold
BTL
ROI: 7%
~68 m²





+3 photos
ValuationUndervalued
Sold Prices | £70K - £255K |
Sold Prices/m² | £1.2K/m² - £43.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.3K/m² |
Value Estimate | £195,200 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £40,000 |
Stamp Duty & Legal Fees | £6,000 |
Total Cash In | £46,000 |
| |
Cash Out | |
Rent Range | £950 - £1,350 |
Rent Estimate | £984 |
Running Costs/mo | £717 |
Cashflow/mo | £267 |
Cashflow/yr | £3,206 |
ROI | 7% |
Gross Yield | 7% |
Local Sold Prices
31 sold prices from £70K to £255K, average is £185K. £1.2K/m² to £43.5K/m², average is £3.1K/m².
Local Rents
12 rents from £950/mo to £1.4K/mo, average is £1.3K/mo.
Local Area Statistics
Population in RG24 | 31,488 |
Population in Basingstoke | 120,645 |
Town centre distance | 2.05 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 1.46 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +34% |
Sales demand | Seller's market |
Capital growth (5yrs) | +9% |
Property History
Listed for £160,000
November 29, 2024
Floor Plans

Description
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