2 Bed Flat, Single Let, Sherborne, DT9 5GA, £160,000

Old Tannery Way, Milborne Port, Sherborne, DT9 5GA - 4 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£59.5K - £330K
Sold Prices/m²£2K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£154,053

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

£600 - £1,750

Rent Estimate

£728

Running Costs/mo

£666

Cashflow/mo

£62

Cashflow/yr

£749

ROI

2%

Gross Yield

5%

Local Sold Prices

15 sold prices from £59.5K to £330K, average is £157.8K. £2K/m² to £5.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£147K06/210 mi8, Old Tannery Way, Milborne Port, Sherborne, Somerset DT9 5GA2
£157.8K07/210.27 mi3, Wheathill Way, Milborne Port, Sherborne, Somerset DT9 5EZ2
£312.5K04/212.21 mi13, Chandlers, Sherborne, Dorset DT9 3RT2
£250K12/222.45 miFlat 1, Saffron Court, The Avenue, Sherborne, Dorset DT9 3AH2
£145K01/232.45 mi74, Mccreery Road, Sherborne, Dorset DT9 4DZ2
£150K06/222.58 miFlat 11, Kings Court, Quarr Lane, Sherborne, Dorset DT9 4HT2
£130K06/212.58 miFlat 6, Kings Court, Quarr Lane, Sherborne, Dorset DT9 4HT2
£295K02/222.6 miFlat 3, Brecon House, Long Street, Sherborne, Dorset DT9 3BY2
£330K11/222.75 miFlat 8, The Pageant, South Street, Sherborne, Dorset DT9 3LR2
£285K04/222.75 miFlat 1, The Pageant, South Street, Sherborne, Dorset DT9 3LR2
£255K10/202.77 miFlat 5, Greenhill Court, Greenhill, Sherborne, Dorset DT9 4EP2
£117K11/232.86 miFlat 26, Hillbrook Court, Acreman Street, Sherborne, Dorset DT9 3NZ2
£115K03/212.95 mi45, Woodhayes, Henstridge, Templecombe, Somerset BA8 0RU2
£59.5K11/212.96 miFlat 4, Mendip House, Yarn Barton, Templecombe, Somerset BA8 0JJ2
£330K07/232.97 miFlat 2, St. Antonys School House, Westbury, Sherborne, Dorset DT9 3QF2

Local Rents

38 rents from £600/mo to £1.8K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£85003/240.08 miMilborne Port1
£79504/240.08 miMilborne Port2
£1,05012/240.13 mi3 Wilson Close, DT92
£77512/230.14 mi-1
£60003/240.21 miLambert Court, Lambert Close, Milborne Port DT9 5AF1
£97502/250.32 mi-1
£97502/250.32 mi-1
£1,25003/240.32 miLion Drive, Milborne Port, Sherborne, Somerset, DT93
£1,40005/240.32 miEast Street, Milborne Port3
£1,40003/240.35 miMilborne Port3
£1,50004/240.35 miHanover View, Milborne Port, SHERBORNE3
£1,35003/240.36 miMillborne Port4
£1,40005/240.37 miBathwell Lane, Milborne Port3
£1,10005/241.31 miHillside Cottage, Oborne, Sherborne, Dorset, DT92
£1,10005/241.38 miOborne, Sherborne2
£1,30003/241.51 miChurch Cottages, Purse Caundle, Sherborne3
£85007/231.88 mi-1
£85009/231.88 mi-1
£87501/251.88 mi-1
£97503/251.88 mi-1
£1,15011/241.89 mi-2
£98007/241.91 mi-1
£98005/241.91 miClare Cottage, Sherborne, DT91
£1,08512/231.93 mi-2
£1,00003/242.12 miCharlton Horethorne1
£70005/242.24 miCedar Park, Granville Way, Sherborne1
£87503/242.25 miGranville Way, Sherborne2
£80005/242.26 mi-1
£80005/242.26 miCedar Park, Sherborne, DT91
£95010/232.27 mi94 Granville Way, Sherborne, Dorset, DT9 4AT3
£1,20012/232.27 mi-3
£1,15010/232.31 miGranville Way, Sherborne, Dorset, DT9 4AS3
£1,50004/242.32 miBede Street, Sherborne, Dorset, DT93
£1,50005/242.32 miBede Street, Sherborne, Dorset, DT93
£80011/232.43 mi-3
£1,50003/242.44 miFlat 1 Pencarrow, The Avenue, Sherborne, Dorset, DT9 3AJ3
£1,75003/242.44 miThe Yews, Long Street, Sherborne, Dorset, DT9 3DD5
£1,00003/242.45 miThe Avenue, Sherborne, DT91

Local Area Statistics

Population in DT9

20,760

Town centre distance

2.85 miles away

Nearest school

0.20 miles away

Nearest train station

2.80 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £160,000

December 26, 2024

Floor Plans

Description

  • Two bedrooms +
  • Apartment +
  • Ensuite to the main bedroom +
  • Village location +

SUMMARY
Connells are pleased to offer to the market this two bedroom apartment situated in the village of Milborne Port. With open plan living space, two bedrooms with ensuite to the master bedroom and main bathroom.

DESCRIPTION
Milborne Port is a village and civil parish in Somerset east of Sherborne, and in the South Somerset district. The village is surrounded by green fields and countryside. The village is fortunate to have all the main services which a village needs - shops, post office, doctors' surgery, primary school, library, churches, pubs, playing fields, children's play areas, as well as a good range of clubs and societies.

Entrance Hall 
Fire door, access to the large loft space, window, built in wardrobe and a radiator.

Lounge/Kitchen Diner 25' 6" x 17' 11" ( 7.77m x 5.46m )
Open plan living space, double glazed windows across three aspects, television aerial socket, fitted kitchen with wall and base units, oven and hob, stainless steel sink and drainer, plumbing for a washing machine, space for a tumble dryer, radiator and the gas central heating boiler.

Bedroom One 15' 5" max x 8' 6" ( 4.70m max x 2.59m )
Double glazed window with lovely views and a radiator.

Ensuite 7' 2" x 4' 8" ( 2.18m x 1.42m )
Shower cubicle, WC, wash hand basin, extractor fan and a radiator.

Bedroom Two 15' 5" max x 8' 3" ( 4.70m max x 2.51m )
Double glazed window to the front, built in wardrobe and a radiator.

Bathroom 
Double glazed window to the rear, WC, wash hand basin, bath with a shower over and a radiator.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Sherborne

01935 313845

Next Steps?

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