2 Bed Flat, Single Let, Radstock, BA3 2LE, £155,000

11 Pows Court, High Street, Midsomer Norton, BA3 2LE - 3 months ago

Leasehold
BTL
~50 m²
+8 photos

ValuationFair Value

Sold Prices£101K - £210K
Sold Prices/m²£1.9K/m² - £4.3K/m²

 

 

Square Metres

~50 m²
Price/m²£3.1K/m²

Value Estimate

£152,139

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£8,950

Total Cash In

£47,700

 

 

Cash Out

 

Rent Range

£650 - £3,500

Rent Estimate

£650

Running Costs/mo

£634

Cashflow/mo

£16

Cashflow/yr

£188

ROI

0%

Gross Yield

5%

Local Sold Prices

21 sold prices from £101K to £210K, average is £162.5K. £1.9K/m² to £4.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£150K05/230.04 miFlat 15, Mill Court, The Island, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2HA2
£175K12/220.15 mi35, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£174K02/230.15 mi17, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£165K07/210.16 mi46, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£175K10/220.16 mi36, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£162.5K07/210.16 mi12, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£210K09/220.16 mi11, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£154.5K04/210.16 mi21, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£162.5K02/210.16 mi17, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£186K11/220.16 mi28, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£174.9K08/220.16 mi38, Church Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2JA2
£157K04/230.3 mi10, Rackvernal Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DH2
£101K10/200.3 mi9, Rackvernal Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DH2
£130K04/230.34 mi8, Stanley Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DU2
£127.5K03/210.34 mi3, Stanley Court, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2DU2
£168K06/210.57 miFlat 6, Wishford Mews, Radstock Road, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2AW2
£156K03/230.57 miFlat 3, Wishford Mews, Radstock Road, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2AW2
£163K05/220.58 miFlat 1, Millards Court, Millards Hill, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2XL2
£132K05/220.67 mi107, Hillside Avenue, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2LU2
£130K04/220.7 mi74, Hillside Avenue, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2NA2
£159K11/200.77 mi10, Smallwood View, Midsomer Norton, Radstock, Bath And North East Somerset BA3 2LG2

Local Rents

50 rents from £650/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95012/240.03 miThe Island, Midsomer Norton, RADSTOCK2
£69509/230.04 mi-2
£73512/240.17 mi-2
£1,15012/240.27 miMidsomer Norton, Radstock2
£92504/240.27 mi-2
£1,75012/240.27 miNightingale Way, Westfield, Radstock4
£1,45012/240.32 miWestfield, Radstock4
£1,95004/240.37 mi-4
£95012/240.43 miMidsomer Norton, Radstock2
£99512/240.44 miCharlton Road, Midsomer Norton3
£1,20012/240.52 miRock Road, Midsomer Norton, Radstock, BA33
£1,65012/240.52 miSunnymead, Midsomer Norton4
£1,05012/240.64 miFosseway, Westfield, Radstock, Somerset, BA33
£1,20012/241.04 mi-3
£1,30012/241.04 mi-3
£1,20012/241.09 miMay Tree Road, Westfield3
£82512/241.1 miHolly Walk, Westfield2
£1,50004/231.11 mi-3
£1,55012/241.3 miWinterfield Road, Paulton4
£99512/241.35 miWells Road, Westfield, Radstock2
£1,25012/241.41 miChilcompton, Radstock2
£3,20011/241.52 mi-5
£1,00012/231.52 mi-2
£1,10002/231.52 mi-2
£79502/231.52 mi-1
£1,20008/231.52 mi-2
£1,27512/241.52 mi-2
£1,19508/241.52 mi-2
£1,29508/241.52 mi-2
£77512/241.53 miWells Road, Radstock1
£1,35001/251.56 mi-3
£75012/241.61 miCoombend House , Coombend, Radstock1
£90012/241.64 mi-2
£99512/241.67 miPaulton, Bristol, Somerset2
£75012/241.72 miHigh Street, Paulton1
£1,15012/241.86 miParsonage Lane, Chilcompton2
£1,00002/251.86 mi-2
£2,00012/241.89 mi-4
£1,20012/241.89 miPaulton, Bristol3
£1,05012/242 miStoneable Road, Radstock3
£1,60012/242.07 miMells Lane, Radstock, Somerset, BA33
£1,35012/242.1 miChilcompton, Radstock4
£65012/242.13 miSycamore Road, Radstock1
£3,50012/242.26 mi-7
£3,50012/242.27 miChurch Street, Kilmersdon6
£90012/242.27 miRadford, Timsbury1
£1,45010/242.32 mi-1
£2,50012/242.33 mi-4
£1,30012/242.33 miFarrington Gurney, Bristol2
£89512/242.34 miBainsbury View, Stratton-On-The-Fosse, Radstock2

Local Area Statistics

Population in BA3

34,594

Town centre distance

1.25 miles away

Nearest school

0.10 miles away

Nearest train station

7.84 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £155,000

January 23, 2025

Listed for £159,950

December 19, 2024

Floor Plans

Description

  • No onward sales chain! +
  • On the High Street +
  • Modern living +
  • First floor +
  • Long lease +
  • Investment opportunity +

Listed by our Midsomer Norton office!
11 Pows Court is a first floor flat located on Midsomer Norton High Street which is surrounded by amenities and public transport links.
The apartment provides modern living and would be perfect for first time buyers or an investment purchase.

In brief the accommodation comprises of communal entrance and hallway, entrance hallway with doors leading to two bedrooms, bathroom, storage cupboard and open plan living.

On entry into the entrance hallway there are doors leading to a modern white suite bathroom and open plan living space off to the left. The living area is of a fantastic space and provides ample room for seating and dining which also opens up with the kitchen. The kitchen itself has built in appliances and space for additional white goods. To the other side of the property you have a handy storage cupboard and two bedrooms. Bedroom one is a double room and bedroom two a single.

Located tucked away off the High Street in Pows Court this property is a stones throw away from amenities, public transport links and public parking making this a fantastic purchase.

This would make a perfect first time purchase for a buyer looking to get onto the market or investment opportunity. The estimated ROI for an investor, before fees is circa 6.1% with a £825pcm market rent, however the current rent is £650pcm.

Agent’s notes:
Leasehold: 113 years remaining of a 125 year lease.
Ground rent: £50 per annum.
Maintenance charge: The property is subject to a service charge of £631.17 per annum for 24/25.
This property can be sold with either the current tenant in place as an investment or if not with vacant possession where required.

Agent Details

Bath Stone Property, Midsomer Norton

01225 234564

Next Steps?

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