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

 

 

End Value (After Refurb)

£226,577

Uplift in Value

+127%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£27,830

Bridging Loan Interest

£2,625

Total Cash In

£61,405

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£226,577

Agent Fees (1%)

£2,266

Bridging Loan

£75,000

Bridging Loan Interest

£2,625

Flip Profit

£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.

PriceDateDistanceAddressBeds 
£125K04/210 mi35, Helmsdale, Swindon SN25 1RA2
£125K12/210 mi71, Helmsdale, Swindon SN25 1RA2
£149K01/230.03 mi41, Helmsdale, Swindon SN25 1RA2
£160K01/230.04 mi71, Helmsdale, Swindon SN25 1RA2
£113K12/200.11 mi1, Green Valley Avenue, Swindon SN25 1HZ2
£128K10/200.33 mi6, Shanklin Road, Swindon SN25 3HL2
£83K10/210.36 mi45, Trent Road, Swindon SN25 3NG2
£75K09/230.36 mi37, Trent Road, Swindon SN25 3NG2
£149K10/230.5 mi36, Moredon Park, Swindon SN2 2LX2
£112.5K07/210.56 mi63, Elborough Road, Swindon, Thamesdown SN2 2LS2
£120K01/210.6 mi48, Marbeck Close, Swindon SN25 2LT2
£127K05/210.73 mi56, Zakopane Road, Haydon End, Swindon SN25 1TQ2
£205K07/230.76 mi24, Rysy Court, Swindon SN25 1TH2
£128K02/210.78 mi9, Thorley Court, Swindon SN25 4FA2
£128K02/210.78 mi9, Thorley Court, Swindon SN25 4FA2
£135K05/230.79 mi2, Vistula Crescent, Swindon SN25 1QE2
£147K06/230.79 mi12, Vistula Crescent, Swindon SN25 1QE2
£155.5K05/230.8 mi16, Zakopane Road, Swindon SN25 1TQ2
£134K05/210.8 mi14, Zakopane Road, Haydon End, Swindon SN25 1TQ2
£129K03/210.8 mi16, Zakopane Road, Swindon SN25 1TQ2
£135K08/230.81 mi69, Vistula Crescent, Swindon SN25 1QG2
£206K12/220.82 mi17, Jagoda Court, Swindon SN25 1TJ2
£145K04/230.82 mi15, Mazurek Way, Swindon SN25 1RF2
£149.5K12/200.82 mi60, Torun Way, Swindon SN25 1TA2
£148K06/230.82 mi50, Torun Way, Swindon SN25 1TA2
£110K01/210.85 miFlat 5, The Chestnuts, Prospero Way, Swindon SN25 1ST2
£137.5K04/210.85 miFlat 3, The Chestnuts, Prospero Way, Swindon SN25 1ST2
£162.8K03/230.86 mi29, Havisham Drive, Swindon SN25 1TX2
£145K07/230.89 mi4, Bradshaw Court, Haydon End, Swindon SN25 1TY2
£133.5K01/210.91 mi12, Thursday Street, Swindon SN25 1TW2
£132K03/210.93 mi14, Connelly Close, Swindon SN25 1UD2
£159K10/230.94 mi32, Willington Road, Swindon SN25 2HB2
£198K04/230.94 mi7, Maida Vale, Swindon SN25 1SZ2
£134.9K06/230.94 miFlat 3, Cedar Manor, Prospero Way, Swindon SN25 1SS2
£151.3K05/230.95 mi4, Aiken Road, Swindon SN25 1UH2
£150K04/230.95 mi6, Aiken Road, Swindon SN25 1UH2
£121K02/210.96 mi22a, Claydon Road, Swindon SN25 2ED2
£145K11/200.96 mi8, Claydon Road, Swindon SN25 2ED2
£150K06/210.96 mi12, Claydon Road, Swindon SN25 2ED2
£145K11/210.96 mi15, Granica Close, Haydon End, Swindon SN25 1TZ2
£66K03/230.97 mi22, Chartwell Road, Redhouse, Swindon SN25 2ES2
£165K01/210.98 mi39, Dunley Close, Swindon SN25 2BL2
£177.5K12/221 mi41, Dunley Close, Swindon SN25 2BL2

Local Rents

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

RentDateDistanceAddressBeds 
£90009/240 miHelmsdale, SWINDON2
£66602/250.27 mi-2
£1,05009/240.28 miPennycress Close, Haydon Wick, SN252
£98001/250.37 mi-2
£1,22509/240.39 miThe Broadway, Swindon, Wiltshire, SN252
£1,00009/240.41 miThe Gardens, Rodbourne Cheney, Swindon2
£1,10009/240.5 miFoxglove Road, Haydon Wick2
£99502/250.5 mi-2
£95009/240.53 miWayte Street, Swindon, Wiltshire, SN22
£97509/240.55 miHudson Way, Abbey Meads, Swindon2
£1,02509/240.56 miBayleaf Avenue, Swindon2
£1,25010/230.57 mi-2
£95009/240.59 miChives Way, Swindon, Wiltshire2
£1,05509/240.59 miChives Way, Swindon, Wiltshire2
£1,00009/240.6 miAlder Close, SWINDON2
£1,05009/240.61 miCooper Fields, Abbey Meads, Swindon, Wiltshire, SN252
£99502/240.61 miToppers Close,GreenmeadowSwindon,SN25 3QZ2

Local Area Statistics

Population in SN25

35,153

Population in Swindon

211,186

Town centre distance

1.62 miles away

Nearest school

0.10 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+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?

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