2 Bed Flat, Single Let, Swindon, SN1 4GR, £155,000

6, Water Lily Court, 2 Tuke Walk, Old Town, Swindon, Wiltshire, SN1 4GR - 3 views - 3 months ago

Leasehold

BTL

ROI: 6%

63 m²

+3 photos

ValuationFair Value

Sold Prices	£120K - £440K
Sold Prices/m²	£1.9K/m² - £4.8K/m²

Square Metres	63 m²
Price/m²	£2.5K/m²
Value Estimate	£154,439£154,439

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£38,750£38,750
Stamp Duty & Legal Fees	£5,850£5,850
Total Cash In	£44,600£44,600

Cash Out
Rent Range	£800 - £1,300£800 - £1,300
Rent Estimate	£918
Running Costs/mo	£688£688
Cashflow/mo	£230£230
Cashflow/yr	£2,760£2,760
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £120K to £440K, average is £145K. £1.9K/m² to £4.8K/m², average is £2.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£140K	11/20	0.07 mi	3, Florey Court, Swindon SN1 4GX	£2,222	63	2	Flat
£146K	06/23	0.07 mi	69, Florey Court, Swindon SN1 4GX	£2,655	55	2	Flat
£147K	11/21	0.07 mi	61, Florey Court, Swindon SN1 4GX	£2,492	59	2	Flat
£141K	02/21	0.07 mi	15, Florey Court, Swindon SN1 4GX	£2,564	55	2	Flat
£137.5K	02/23	0.07 mi	9, Florey Court, Swindon SN1 4GX	£2,218	62	2	Flat
£167K	01/23	0.07 mi	27, Florey Court, Swindon SN1 4GX	£2,493	67	2	Flat
£148K	01/23	0.07 mi	60, Florey Court, Swindon SN1 4GX	£2,467	60	2	Flat
£142.5K	12/22	0.08 mi	16, Yersin Court, Swindon SN1 4GY	-	-	2	Flat
£157.5K	01/23	0.08 mi	58, Florey Court, Swindon SN1 4GX	£2,423	65	2	Flat
£130K	04/21	0.08 mi	3, Yersin Court, Swindon SN1 4GY	£2,766	47	2	Flat
£143.5K	01/23	0.09 mi	49, Yersin Court, Swindon SN1 4GY	-	-	2	Flat
£139K	05/21	0.09 mi	6, Florey Court, Swindon SN1 4GX	-	-	2	Flat
£125K	12/20	0.11 mi	50, Chain Court, Swindon SN1 4GW	£2,049	61	2	Flat
£138.5K	06/21	0.11 mi	6, Chain Court, Swindon SN1 4GW	-	-	2	Flat
£159.9K	03/23	0.11 mi	33, Chain Court, Swindon SN1 4GW	£2,622	61	2	Flat
£154K	01/23	0.11 mi	50, Chain Court, Swindon SN1 4GW	£2,525	61	2	Flat
£150K	11/21	0.11 mi	30, Chain Court, Swindon SN1 4GW	-	-	2	Flat
£330K	10/20	0.12 mi	3, Withering Road, Swindon SN1 4GU	£2,374	139	2	Flat
£440K	11/20	0.24 mi	34, Okus Road, Swindon SN1 4JQ	£2,895	152	2	Flat
£220K	12/22	0.4 mi	16, Dunsley Vale, Swindon SN1 7BW	£4,783	46	2	Flat
£175K	12/20	0.41 mi	41a, Kent Road, Swindon SN1 3NG	£2,011	87	2	Flat
£195K	04/23	0.42 mi	17, Trecastle Road, Swindon SN1 7BU	£3,362	58	2	Flat
£177K	01/23	0.45 mi	29, Ravensdale, Swindon SN1 7AN	-	-	2	Flat
£187K	02/21	0.48 mi	3, Penfold Gardens, Swindon SN1 4EL	£3,304	57	2	Flat
£207K	01/23	0.49 mi	41, Staldon Road, Swindon SN1 7AG	£3,764	55	2	Flat
£240K	05/21	0.53 mi	26, Staldon Road, Swindon SN1 7AG	£3,000	80	2	Flat
£120K	11/20	0.57 mi	35a, Curtis Street, Swindon SN1 5JZ	£2,264	53	2	Flat
£230K	11/20	0.59 mi	39, Dixon Street, Swindon SN1 3PL	£2,584	89	2	Flat
£145K	05/21	0.6 mi	5, Rylane, Swindon SN1 7AW	£2,513	58	2	Flat
£129K	10/21	0.7 mi	182, Saltash Road, Swindon SN2 2EE	£2,016	64	2	Flat
£127K	10/20	0.7 mi	168, Saltash Road, Swindon SN2 2EE	£2,190	58	2	Flat
£168K	03/23	0.7 mi	154, Saltash Road, Swindon SN2 2EE	£2,270	74	2	Flat
£134K	08/21	0.71 mi	138, Padstow Road, Swindon SN2 2EQ	-	-	2	Flat
£138K	11/21	0.71 mi	158, Padstow Road, Swindon SN2 2EQ	£2,190	63	2	Flat
£130K	06/21	0.71 mi	150, Padstow Road, Swindon SN2 2EQ	£2,000	65	2	Flat
£135K	08/21	0.71 mi	230, Padstow Road, Swindon SN2 2EQ	£2,836	48	2	Flat
£137K	02/21	0.71 mi	154, Padstow Road, Swindon SN2 2EQ	£1,903	72	2	Flat
£125K	04/21	0.71 mi	228, Padstow Road, Swindon SN2 2EQ	£2,193	57	2	Flat
£135K	12/23	0.71 mi	152, Padstow Road, Swindon SN2 2EQ	£1,901	71	2	Flat
£150.4K	02/23	0.71 mi	160, Padstow Road, Swindon SN2 2EQ	£2,705	56	2	Flat
£145K	12/20	0.71 mi	14, Bradford Road, Swindon SN1 4FE	£2,843	51	2	Flat
£198K	12/22	0.72 mi	132, Lynmouth Road, Swindon SN2 2DH	-	-	2	Flat
£163K	12/22	0.74 mi	79, St Austell Way, Swindon SN2 2DG	£2,629	62	2	Flat
£128K	04/21	0.74 mi	39, Saltash Road, Swindon SN2 2EB	£2,051	62	2	Flat
£180K	12/22	0.75 mi	92, St Austell Way, Swindon SN2 2DG	£2,169	83	2	Flat
£145K	11/22	0.75 mi	93, St Austell Way, Swindon SN2 2DG	-	-	2	Flat
£145K	01/23	0.75 mi	99, St Austell Way, Swindon SN2 2DG	£2,436	60	2	Flat
£140K	12/22	0.75 mi	96, St Austell Way, Swindon SN2 2DG	-	-	2	Flat
£130K	10/23	0.75 mi	105, St Austell Way, Swindon SN2 2DG	£2,453	53	2	Flat
£134K	12/20	0.76 mi	70, Saltash Road, Swindon SN2 2EF	£1,942	69	2	Flat

Local Rents

47 rents from £800/mo to £1.3K/mo, average is £1K/mo.

Rent	Date	Distance	Address	Beds	Type
£950	09/24	0.04 mi	Pasteur Drive, Swindon, SN1	2	Flat
£1,000	09/24	0.05 mi	Holly Court, Old Town, Swindon	2	Flat
£1,000	09/24	0.05 mi	Seacole Crescent, Angel Ridge, Old Town, Swindon, Wiltshire, SN1	2	Flat
£1,050	08/24	0.06 mi	Old Town	2	Flat
£950	08/24	0.06 mi	Celsus Grove, Old Town, Swindon, SN1	2	Flat
£1,050	08/24	0.06 mi	-	2	House
£950	08/24	0.07 mi	Periwinkle Court, 15 Pasteur Drive, Old Town, Swindon, SN1	2	Flat
£1,100	09/24	0.07 mi	Holly Court, Angel Ridge, SN1	2	Flat
£800	11/23	0.07 mi	-	2	Flat
£1,100	01/25	0.07 mi	-	2	Flat
£1,000	02/24	0.08 mi	-	2	House
£1,150	08/24	0.08 mi	-	2	House
£895	09/24	0.08 mi	MISTLETOE COURT, Old Town	2	Flat
£925	07/24	0.08 mi	-	2	Flat
£1,000	09/24	0.08 mi	Yersin Court, Old Town	2	Flat
£975	11/24	0.08 mi	-	2	Flat
£1,150	01/25	0.09 mi	-	2	Flat
£1,000	09/24	0.11 mi	Chain Court, SWINDON	2	Flat
£1,050	09/24	0.12 mi	Chain Court, Old Town, Swindon, Wiltshire, SN1	2	Flat
£1,025	09/24	0.12 mi	-	2	Flat
£1,025	09/24	0.12 mi	Chain Court, Swindon, SN1	2	Flat
£1,000	08/24	0.14 mi	Old Town, Swindon, SN1	2	Flat
£1,200	02/24	0.14 mi	Tithe Barn Crescent, Swindon, Wiltshire, SN1	2	Flat
£995	09/24	0.15 mi	Chain Court, Swindon, Wiltshire	2	Flat
£1,300	08/24	0.27 mi	Kingshill Road, Swindon SN1 4LQ	2	Flat
£850	04/25	0.3 mi	-	2	Flat
£1,200	08/24	0.32 mi	The Marlestones, Old Town, SN1	2	Terraced House
£1,250	10/24	0.33 mi	-	2	Terraced House
£1,300	07/24	0.37 mi	-	2	Terraced House
£1,100	08/24	0.37 mi	-	2	Terraced House
£1,000	09/24	0.4 mi	Westcott Place, Swindon, SN1	2	Terraced House
£950	09/24	0.41 mi	Kent Road, Swindon, SN1	2	Flat
£1,100	08/24	0.41 mi	Dunsford Close, Old Town, Swindon	2	Detached House
£1,050	09/24	0.42 mi	Trecastle Road, Swindon, Wiltshire, SN1	2	Terraced House
£1,000	09/24	0.44 mi	Turner Street, Town Centre, Swindon, SN1	2	Flat
£850	08/24	0.45 mi	William Street, Swindon	2	Flat
£1,100	02/25	0.46 mi	-	2	Terraced House
£950	09/24	0.48 mi	Hythe Road, Old Town, Swindon, SN1	2	Flat
£1,100	03/25	0.49 mi	-	2	Terraced House
£1,150	02/25	0.49 mi	-	2	Terraced House
£975	08/24	0.51 mi	Stafford Street, Old Town, Swindon, Wiltshire, SN1	2	Terraced House
£1,100	11/24	0.52 mi	-	2	Terraced House
£1,000	03/25	0.53 mi	-	2	Flat
£1,100	09/24	0.53 mi	Stafford Street, Swindon, SN1	2	Terraced House
£1,100	08/24	0.53 mi	Hythe Road, SWINDON	2	Flat
£1,050	09/24	0.53 mi	Stafford Street, Swindon, SN1	2	Terraced House
£1,150	11/24	0.55 mi	-	2	Terraced House

Local Area Statistics

Population in SN1	29,45329,453
Population in Swindon	211,186211,186
Town centre distance	1.59 miles away1.59 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.24 miles away1.24 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+24%+24%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+25%+25%

Property History

Listed for £155,000

December 26, 2024

Floor Plans

Description

Balcony off living room +
Modern first floor apartment +
Two good sized bedrooms +
Ensuite shower room +
Open plan lounge/kitchen +
Highly sought after location +
Secure underground parking +

A modern first floor apartment set on the outskirts of Old Town with the benefit of secure underground parking. With two good sized bedrooms, the master has an ensuite shower room, main bathroom suite and open plan living room with balcony and kitchen. All presented in good order throughout and accessed via both stairs and lift. Early viewings are highly recommended.

Agent Details

Charles Harding Estate Agents, Swindon

01793 540422

Next Steps?

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