2 Bed Flat, Single Let, Torrington, EX38 8EJ, £150,000
New Road, Torrington, Devon, EX38 8EJ - 3 months ago
BTL
~133 m²





+4 photos
ValuationUndervalued
Sold Prices | £120K - £175K |
Sold Prices/m² | £1.9K/m² - £2.5K/m² |
| |
Square Metres | ~133.41 m² |
Price/m² | £1.1K/m² |
Value Estimate | £181,500 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £37,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £46,200 |
| |
Cash Out | |
Rent Range | £65 - £1,300 |
Rent Estimate | £609 |
Running Costs/mo | £611 |
Cashflow/mo | £-2 |
Cashflow/yr | £-19 |
Gross Yield | 5% |
Local Sold Prices
7 sold prices from £120K to £175K, average is £143K. £1.9K/m² to £2.5K/m², average is £2K/m².
Local Rents
15 rents from £65/mo to £1.3K/mo, average is £775/mo.
Local Area Statistics
Population in EX38 | 8,260 |
Town centre distance | 0.12 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 6.66 miles away |
| |
Rental growth (12m) | -8% |
Sales demand | Balanced market |
Capital growth (5yrs) | +34% |
Property History
Price changed to £150,000
February 8, 2025
Listed for £128,000
December 22, 2024
Floor Plans

Description
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