2 Bed Flat, Single Let, Ross-on-Wye, HR9 7BZ, £150,000

Swan Court, Ross-on-Wye, HR9 7BZ - 3 views - 4 months ago

Sold STC
BTL
ROI: 3%
~68 m²
+8 photos

ValuationFair Value

Sold Prices£128K - £205K
Sold Prices/m²£1.9K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£150,075

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£421 - £1,250

Rent Estimate

£741

Running Costs/mo

£637

Cashflow/mo

£104

Cashflow/yr

£1,249

ROI

3%

Gross Yield

6%

Local Sold Prices

7 sold prices from £128K to £205K, average is £145K. £1.9K/m² to £3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£147.5K10/230.05 miSwan Court, Flat 5, Edde Cross Street, Ross-on-wye, Herefordshire HR9 7BZ2
£128K09/230.19 miWallace Court, Flat 30, Station Street, Ross-on-wye, Herefordshire HR9 7FW2
£130K05/240.19 miWallace Court, Flat 17, Station Street, Ross-on-wye, Herefordshire HR9 7FW2
£145K01/240.25 miGoodrich Court, Flat 8, Gloucester Road, Ross-on-wye, Herefordshire HR9 5GD2
£130K03/240.27 miKennedy Place, Flat 18, Brampton Street, Ross-on-wye, Herefordshire HR9 7EQ2
£205K02/240.5 miSt Josephs, Apartment 4, Walford Road, Ross-on-wye, Herefordshire HR9 5PQ2
£180K12/230.55 miAshburton Court, Apartment 3, Gloucester Road, Ross-on-wye, Herefordshire HR9 5PW2

Local Rents

18 rents from £421/mo to £1.3K/mo, average is £840/mo.

RentDateDistanceAddressBeds 
£87509/240.04 miSwan House, Edde Cross Street, Ross-on-Wye, Herefordshire, HR92
£75009/240.05 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£75009/240.05 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£85002/250.05 mi-2
£77503/240.07 mi-2
£97504/240.09 mi-2
£1,25004/250.09 mi-2
£85006/240.09 mi-2
£85006/240.09 mi-2
£85011/240.11 mi-2
£85003/250.15 mi-2
£75009/240.19 miPalma Court, Brookend Street, Ross-on-Wye2
£72509/240.19 miHenry Street, Ross-On-Wye, Herefordshire, HR92
£75009/240.28 miOver Ross Street, Ross-On-Wye2
£83009/240.37 miPrimrose Close, Ross-on-Wye, HR92
£1,02509/240.38 miBrampton Close, Ross-on-Wye2
£42106/230.42 mi-2
£44804/250.5 mi-2

Local Area Statistics

Population in hr9

20,936

Town centre distance

0.28 miles away

Nearest school

0.30 miles away

Nearest train station

11.29 miles away

 

 

Rental growth (12m)

+61%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Listed for £150,000

December 18, 2024

Sold for £49,000

2002

Floor Plans

Description

  • Ideal Buy To Let Or First Time Buyer Property +
  • No Onward Chain +
  • Parking +
  • Town Centre Location +

The Property Hub is pleased to present this charming two-story Coach House, offered with no onward chain, making it an excellent opportunity for prospective buyers.

Upon entering the property, you are greeted by a welcoming hallway. To the left, you'll find the kitchen, which features modern units and ample space for a fridge freezer, cooker, and washing machine. Toward the rear of the hallway, there is a staircase leading to the first floor, as well as a convenient storage cupboard, perfect for maintaining a clutter-free space. The living room, located at the rear of the property, boasts elegant French doors that open out to the car park, creating a bright and inviting atmosphere.

Moving upstairs, the main bedroom is positioned at the rear of the property, offering a peaceful retreat. The bathroom, located between the two bedrooms, is fitted with a toilet, sink, and a bath with an overhead shower. The second bedroom, a cosy single room currently used as an office, includes a built-in wardrobe and a spacious cupboard cleverly situated above the stairs.

Externally, the property benefits from an allocated parking space, adding to its convenience.

This Coach House is ideally suited for first-time buyers or investors, thanks to its modern design and proximity to the town center. It presents a wonderful opportunity to enjoy a contemporary living space in a highly convenient location.

Council Tax Band: A (Herefordshire Council)
Tenure: Share of Freehold (958 years)
Service Charge: £400 per year

Agent Details

The Property Hub, Ross On Wye

01989 551098

Next Steps?

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