2 Bed Flat, Cash/Bridging Only, Swindon, SN25 1RA, £100,000

Helmsdale, Swindon, Wiltshire, SN25 1RA - 3 views - 3 months ago

Leasehold

Cash

ROI: 2%

~68 m²

+7 photos

ValuationFair Value

Sold Prices	£66K - £206K
Sold Prices/m²	£1K/m² - £3.1K/m²

Square Metres	~68.11 m²
Price/m²	£1.5K/m²
Value Estimate	£101,000£101,000

End Value (After Refurb)	£226,577£226,577
Uplift in Value	+127%+127%
You could potentially get back more cash than you put into this deal. All your cash out plus £33,528 extra. See the breakdown

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£25,000£25,000
Stamp Duty & Legal Fees	£4,200£4,200
Refurb Costs	£27,830£27,830
Bridging Loan Interest	£2,625£2,625
Total Cash In	£61,405£61,405

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£226,577£226,577
Agent Fees (1%)	£2,266£2,266
Bridging Loan	£75,000£75,000
Bridging Loan Interest	£2,625£2,625
Flip Profit	£87,906£87,906

Local Sold Prices

43 sold prices from £66K to £206K, average is £137.5K. £1K/m² to £3.1K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£125K	04/21	0 mi	35, Helmsdale, Swindon SN25 1RA	£2,358	53	2	Flat
£125K	12/21	0 mi	71, Helmsdale, Swindon SN25 1RA	£2,287	55	2	Flat
£149K	01/23	0.03 mi	41, Helmsdale, Swindon SN25 1RA	£2,739	54	2	Flat
£160K	01/23	0.04 mi	71, Helmsdale, Swindon SN25 1RA	£2,927	55	2	Flat
£113K	12/20	0.11 mi	1, Green Valley Avenue, Swindon SN25 1HZ	£1,766	64	2	Flat
£128K	10/20	0.33 mi	6, Shanklin Road, Swindon SN25 3HL	£1,855	69	2	Flat
£83K	10/21	0.36 mi	45, Trent Road, Swindon SN25 3NG	£1,277	65	2	Flat
£75K	09/23	0.36 mi	37, Trent Road, Swindon SN25 3NG	£1,172	64	2	Flat
£149K	10/23	0.5 mi	36, Moredon Park, Swindon SN2 2LX	-	-	2	Flat
£112.5K	07/21	0.56 mi	63, Elborough Road, Swindon, Thamesdown SN2 2LS	£1,630	69	2	Flat
£120K	01/21	0.6 mi	48, Marbeck Close, Swindon SN25 2LT	£1,966	61	2	Flat
£127K	05/21	0.73 mi	56, Zakopane Road, Haydon End, Swindon SN25 1TQ	£1,814	70	2	Flat
£205K	07/23	0.76 mi	24, Rysy Court, Swindon SN25 1TH	-	-	2	Flat
£128K	02/21	0.78 mi	9, Thorley Court, Swindon SN25 4FA	£2,439	52	2	Flat
£128K	02/21	0.78 mi	9, Thorley Court, Swindon SN25 4FA	£2,439	52	2	Flat
£135K	05/23	0.79 mi	2, Vistula Crescent, Swindon SN25 1QE	-	-	2	Flat
£147K	06/23	0.79 mi	12, Vistula Crescent, Swindon SN25 1QE	£2,957	50	2	Flat
£155.5K	05/23	0.8 mi	16, Zakopane Road, Swindon SN25 1TQ	£2,287	68	2	Flat
£134K	05/21	0.8 mi	14, Zakopane Road, Haydon End, Swindon SN25 1TQ	£2,351	57	2	Flat
£129K	03/21	0.8 mi	16, Zakopane Road, Swindon SN25 1TQ	£1,897	68	2	Flat
£135K	08/23	0.81 mi	69, Vistula Crescent, Swindon SN25 1QG	£2,562	53	2	Flat
£206K	12/22	0.82 mi	17, Jagoda Court, Swindon SN25 1TJ	-	-	2	Flat
£145K	04/23	0.82 mi	15, Mazurek Way, Swindon SN25 1RF	£2,589	56	2	Flat
£149.5K	12/20	0.82 mi	60, Torun Way, Swindon SN25 1TA	£2,106	71	2	Flat
£148K	06/23	0.82 mi	50, Torun Way, Swindon SN25 1TA	-	-	2	Flat
£110K	01/21	0.85 mi	Flat 5, The Chestnuts, Prospero Way, Swindon SN25 1ST	-	-	2	Flat
£137.5K	04/21	0.85 mi	Flat 3, The Chestnuts, Prospero Way, Swindon SN25 1ST	-	-	2	Flat
£162.8K	03/23	0.86 mi	29, Havisham Drive, Swindon SN25 1TX	£2,230	73	2	Flat
£145K	07/23	0.89 mi	4, Bradshaw Court, Haydon End, Swindon SN25 1TY	£3,139	46	2	Flat
£133.5K	01/21	0.91 mi	12, Thursday Street, Swindon SN25 1TW	£2,119	63	2	Flat
£132K	03/21	0.93 mi	14, Connelly Close, Swindon SN25 1UD	£2,357	56	2	Flat
£159K	10/23	0.94 mi	32, Willington Road, Swindon SN25 2HB	£2,446	65	2	Flat
£198K	04/23	0.94 mi	7, Maida Vale, Swindon SN25 1SZ	£3,000	66	2	Flat
£134.9K	06/23	0.94 mi	Flat 3, Cedar Manor, Prospero Way, Swindon SN25 1SS	-	-	2	Flat
£151.3K	05/23	0.95 mi	4, Aiken Road, Swindon SN25 1UH	£2,587	58	2	Flat
£150K	04/23	0.95 mi	6, Aiken Road, Swindon SN25 1UH	£2,273	66	2	Flat
£121K	02/21	0.96 mi	22a, Claydon Road, Swindon SN25 2ED	£1,921	63	2	Flat
£145K	11/20	0.96 mi	8, Claydon Road, Swindon SN25 2ED	£2,788	52	2	Flat
£150K	06/21	0.96 mi	12, Claydon Road, Swindon SN25 2ED	-	-	2	Flat
£145K	11/21	0.96 mi	15, Granica Close, Haydon End, Swindon SN25 1TZ	£2,132	68	2	Flat
£66K	03/23	0.97 mi	22, Chartwell Road, Redhouse, Swindon SN25 2ES	£1,015	65	2	Flat
£165K	01/21	0.98 mi	39, Dunley Close, Swindon SN25 2BL	£2,426	68	2	Flat
£177.5K	12/22	1 mi	41, Dunley Close, Swindon SN25 2BL	£2,773	64	2	Flat

Local Rents

17 rents from £666/mo to £1.3K/mo, average is £1K/mo.

Rent	Date	Distance	Address	Beds	Type
£900	09/24	0 mi	Helmsdale, SWINDON	2	Flat
£666	02/25	0.27 mi	-	2	Flat
£1,050	09/24	0.28 mi	Pennycress Close, Haydon Wick, SN25	2	Terraced House
£980	01/25	0.37 mi	-	2	Terraced House
£1,225	09/24	0.39 mi	The Broadway, Swindon, Wiltshire, SN25	2	Detached House
£1,000	09/24	0.41 mi	The Gardens, Rodbourne Cheney, Swindon	2	Detached House
£1,100	09/24	0.5 mi	Foxglove Road, Haydon Wick	2	Semi-Detached House
£995	02/25	0.5 mi	-	2	Terraced House
£950	09/24	0.53 mi	Wayte Street, Swindon, Wiltshire, SN2	2	Flat
£975	09/24	0.55 mi	Hudson Way, Abbey Meads, Swindon	2	Terraced House
£1,025	09/24	0.56 mi	Bayleaf Avenue, Swindon	2	Terraced House
£1,250	10/23	0.57 mi	-	2	Bungalow
£950	09/24	0.59 mi	Chives Way, Swindon, Wiltshire	2	Detached House
£1,055	09/24	0.59 mi	Chives Way, Swindon, Wiltshire	2	Semi-Detached House
£1,000	09/24	0.6 mi	Alder Close, SWINDON	2	House
£1,050	09/24	0.61 mi	Cooper Fields, Abbey Meads, Swindon, Wiltshire, SN25	2	Terraced House
£995	02/24	0.61 mi	Toppers Close,GreenmeadowSwindon,SN25 3QZ	2	Semi-Detached House

Local Area Statistics

Population in SN25	35,15335,153
Population in Swindon	211,186211,186
Town centre distance	1.62 miles away1.62 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.76 miles away1.76 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+9%+9%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+8%+8%

Property History

Listed for £100,000

January 2, 2025

Sold for £95,000

2019

Sold for £66,500

2001

Floor Plans

Description

2 DOUBLE BEDROOMS +
GARAGE +
COMMUNAL GARDEN SPACE +
LARGE LIVING ROOM +
SEPERATE KITCHEN +

CASH BUYERS ONLY48 YEAR ON LEASE**

Welcome to our well presented, first floor 2-bedroom flat in good condition, ready for sale. The property boasts a quiet and peaceful location, surrounded by green spaces, schools and excellent public transport links. This flat is perfect for couples or investors seeking a prime location. It comes with a well-sized reception room, featuring large windows and a kitchen bathed in natural light. Of the two spacious double bedrooms. Each room is well presented and tastefully decorated. Other perks include a garage and private parking. It is energy efficient with an EPC rating of C and falls within council tax band B. This flat is a real gem and an opportunity not to be missed.

Service Charge and Ground Rent: TBC

Agent Details

Romans, Swindon

01793 540755

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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