2 Bed Flat, Single Let, Camborne, TR14 8SW, £149,950

Basset Street, Camborne, Cornwall, TR14 8SW - 5 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£110K - £225K
Sold Prices/m²£2K/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£168,149
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,488

Stamp Duty & Legal Fees

£5,699

Total Cash In

£43,186

 

 

Cash Out

 

Rent Range

£396 - £1,200

Rent Estimate

£781

Running Costs/mo

£645

Cashflow/mo

£136

Cashflow/yr

£1,634

ROI

4%

Gross Yield

6%

Local Sold Prices

13 sold prices from £110K to £225K, average is £130K. £2K/m² to £2.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£118.5K12/230.11 miGurneys Court, Flat 6, Gurneys Lane, Camborne, Cornwall TR14 8JP2
£118.5K12/230.11 miGurneys Court, Flat 6, Gurneys Lane, Camborne, Cornwall TR14 8JP2
£110K12/220.2 miApartment 9, Plen-an-varghas, Rosewarne Road, Camborne, Cornwall TR14 8FG2
£130K09/230.27 miApartment 1, Holmans Court, Trevithick Road, Camborne, Cornwall TR14 8LQ2
£225K06/210.52 mi16, Mitchell Road, Camborne, Cornwall TR14 7JH2
£130K06/220.62 mi116, Pengegon Parc, Camborne, Cornwall TR14 7UN2
£155K08/230.81 mi73, Laity Fields, Camborne, Cornwall TR14 8RT2
£150K12/220.81 mi34, Laity Fields, Camborne, Cornwall TR14 8RT2
£125.5K01/210.88 miFlat 2, Pendarves House, Vyvyans Court, Tuckingmill, Camborne, Cornwall TR14 8PF2
£155K09/220.95 mi75, Edward Street, Tuckingmill, Camborne, Cornwall TR14 8NZ2
£141.5K01/232.19 mi13, Killiers Court, Redruth, Cornwall TR15 3LZ2
£122K10/222.31 mi65a, Agar Road, Illogan Highway, Redruth, Cornwall TR15 3EJ2
£150K06/232.31 mi65, Agar Road, Illogan Highway, Redruth, Cornwall TR15 3EJ2

Local Rents

18 rents from £396/mo to £1.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,20009/240.04 miBasset Mews, Camborne, Cornwall, TR142
£95003/250.06 mi-2
£1,20002/250.07 mi-2
£97508/240.12 mi-2
£99503/250.12 mi-2
£80011/240.21 mi-2
£95009/240.23 mi-2
£95010/240.23 mi-2
£80003/250.24 mi-2
£90009/240.29 mi-2
£90012/240.29 mi-2
£39609/240.34 mi-2
£90011/240.36 mi-2
£90012/240.36 mi-2
£92509/240.36 mi-2
£75002/240.5 mi-2
£90009/240.51 miCamborne2
£85009/240.57 miWalters Way, Camborne, Cornwall, TR142

Local Area Statistics

Population in TR14

24,578

Town centre distance

0.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.13 miles away

 

 

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+43%

Property History

Listed for £149,950

November 30, 2024

Floor Plans

Description

  • SPACIOUS GROUND FLOOR FLAT +

  • 16Ft LOUNGE +

  • EPC RATING - E +

  • MODERN FITTED KITCHEN/DINING ROOM +

  • TWO SPACIOUS BEDROOMS +

  • GARDEN +

  • PARKING +

A spacious Ground Floor flat which is ideal for investors, or first time buyers. but it also lends itself to further improvements. The accommodation comprises and Entrance Porch with a utility room which houses the gas boiler for the central heating system and there is plumbing for the automatic washing machine and a single drainer sink unit. There is then access to the kitchen/dining room which is very spacious and is fitted with a modern kitchen and has a range of eye and floor level units Off the kitchen is an inner hallway which leads to the remaining rooms including a spacious lounge and front porch. There is a modern bathroom with panelled bath and shower over, low level wc and wash hand basin. The main bedroom has built in wardrobes and the 2nd bedroom overlooks the back garden.
Outside there is a drive which leads to a parking apace and the apartment benefits from a lawned garden with Garden Shed.
EPC RATING - E
COUNCIL TAX BAND - B

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

CAM240457/2

Agent Details

Your Move Sales, Camborne

01209 701120

Next Steps?

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