2 Bed Flat, Single Let, Swindon, SN1 4GR, £150,000

Waterlily Court, Okus, Swindon, SN1 4GR - 3 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~60 m²
+4 photos

ValuationFair Value

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

 

 

Square Metres

~60.30 m²
Price/m²£2.5K/m²

Value Estimate

£148,323

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Total Cash In

£46,700

 

 

Cash Out

 

Rent Range

£800 - £1,300

Rent Estimate

£850

Running Costs/mo

£659

Cashflow/mo

£191

Cashflow/yr

£2,295

ROI

5%

Gross Yield

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.

PriceDateDistanceAddressBeds 
£140K11/200.08 mi3, Florey Court, Swindon SN1 4GX2
£146K06/230.08 mi69, Florey Court, Swindon SN1 4GX2
£147K11/210.08 mi61, Florey Court, Swindon SN1 4GX2
£141K02/210.08 mi15, Florey Court, Swindon SN1 4GX2
£137.5K02/230.08 mi9, Florey Court, Swindon SN1 4GX2
£167K01/230.08 mi27, Florey Court, Swindon SN1 4GX2
£148K01/230.08 mi60, Florey Court, Swindon SN1 4GX2
£142.5K12/220.08 mi16, Yersin Court, Swindon SN1 4GY2
£157.5K01/230.08 mi58, Florey Court, Swindon SN1 4GX2
£130K04/210.09 mi3, Yersin Court, Swindon SN1 4GY2
£143.5K01/230.09 mi49, Yersin Court, Swindon SN1 4GY2
£139K05/210.1 mi6, Florey Court, Swindon SN1 4GX2
£330K10/200.11 mi3, Withering Road, Swindon SN1 4GU2
£125K12/200.12 mi50, Chain Court, Swindon SN1 4GW2
£138.5K06/210.12 mi6, Chain Court, Swindon SN1 4GW2
£159.9K03/230.12 mi33, Chain Court, Swindon SN1 4GW2
£154K01/230.12 mi50, Chain Court, Swindon SN1 4GW2
£150K11/210.12 mi30, Chain Court, Swindon SN1 4GW2
£440K11/200.24 mi34, Okus Road, Swindon SN1 4JQ2
£220K12/220.39 mi16, Dunsley Vale, Swindon SN1 7BW2
£175K12/200.41 mi41a, Kent Road, Swindon SN1 3NG2
£195K04/230.41 mi17, Trecastle Road, Swindon SN1 7BU2
£177K01/230.44 mi29, Ravensdale, Swindon SN1 7AN2
£187K02/210.48 mi3, Penfold Gardens, Swindon SN1 4EL2
£207K01/230.48 mi41, Staldon Road, Swindon SN1 7AG2
£240K05/210.52 mi26, Staldon Road, Swindon SN1 7AG2
£120K11/200.58 mi35a, Curtis Street, Swindon SN1 5JZ2
£230K11/200.59 mi39, Dixon Street, Swindon SN1 3PL2
£145K05/210.6 mi5, Rylane, Swindon SN1 7AW2
£129K10/210.71 mi182, Saltash Road, Swindon SN2 2EE2
£127K10/200.71 mi168, Saltash Road, Swindon SN2 2EE2
£168K03/230.71 mi154, Saltash Road, Swindon SN2 2EE2
£145K12/200.71 mi14, Bradford Road, Swindon SN1 4FE2
£134K08/210.72 mi138, Padstow Road, Swindon SN2 2EQ2
£138K11/210.72 mi158, Padstow Road, Swindon SN2 2EQ2
£130K06/210.72 mi150, Padstow Road, Swindon SN2 2EQ2
£135K08/210.72 mi230, Padstow Road, Swindon SN2 2EQ2
£137K02/210.72 mi154, Padstow Road, Swindon SN2 2EQ2
£125K04/210.72 mi228, Padstow Road, Swindon SN2 2EQ2
£135K12/230.72 mi152, Padstow Road, Swindon SN2 2EQ2
£150.4K02/230.72 mi160, Padstow Road, Swindon SN2 2EQ2
£198K12/220.73 mi132, Lynmouth Road, Swindon SN2 2DH2
£163K12/220.75 mi79, St Austell Way, Swindon SN2 2DG2
£128K04/210.75 mi39, Saltash Road, Swindon SN2 2EB2
£180K12/220.76 mi92, St Austell Way, Swindon SN2 2DG2
£145K11/220.76 mi93, St Austell Way, Swindon SN2 2DG2
£145K01/230.76 mi99, St Austell Way, Swindon SN2 2DG2
£140K12/220.76 mi96, St Austell Way, Swindon SN2 2DG2
£130K10/230.76 mi105, St Austell Way, Swindon SN2 2DG2
£134K12/200.77 mi70, Saltash Road, Swindon SN2 2EF2

Local Rents

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

RentDateDistanceAddressBeds 
£95009/240.03 miPasteur Drive, Swindon, SN12
£1,00009/240.05 miHolly Court, Old Town, Swindon2
£1,00009/240.05 miSeacole Crescent, Angel Ridge, Old Town, Swindon, Wiltshire, SN12
£1,05008/240.05 miOld Town2
£1,10009/240.06 miHolly Court, Angel Ridge, SN12
£1,00002/240.07 mi-2
£1,15008/240.07 mi-2
£95008/240.07 miPeriwinkle Court, 15 Pasteur Drive, Old Town, Swindon, SN12
£95008/240.07 miCelsus Grove, Old Town, Swindon, SN12
£1,05008/240.07 mi-2
£89509/240.07 miMISTLETOE COURT, Old Town2
£92507/240.07 mi-2
£80011/230.08 mi-2
£97511/240.08 mi-2
£1,10001/250.08 mi-2
£1,00009/240.09 miYersin Court, Old Town2
£1,15001/250.09 mi-2
£1,00009/240.12 miChain Court, SWINDON2
£1,05009/240.12 miChain Court, Old Town, Swindon, Wiltshire, SN12
£1,02509/240.12 mi-2
£1,02509/240.12 miChain Court, Swindon, SN12
£1,00008/240.13 miOld Town, Swindon, SN12
£1,20002/240.14 miTithe Barn Crescent, Swindon, Wiltshire, SN12
£99509/240.14 miChain Court, Swindon, Wiltshire2
£1,30008/240.28 miKingshill Road, Swindon SN1 4LQ2
£85004/250.31 mi-2
£1,20008/240.32 miThe Marlestones, Old Town, SN12
£1,25010/240.34 mi-2
£1,30007/240.37 mi-2
£1,10008/240.38 mi-2
£1,00009/240.41 miWestcott Place, Swindon, SN12
£1,05009/240.41 miTrecastle Road, Swindon, Wiltshire, SN12
£95009/240.41 miKent Road, Swindon, SN12
£1,10008/240.42 miDunsford Close, Old Town, Swindon2
£1,00009/240.45 miTurner Street, Town Centre, Swindon, SN12
£85008/240.46 miWilliam Street, Swindon2
£1,10002/250.47 mi-2
£95009/240.49 miHythe Road, Old Town, Swindon, SN12
£1,10003/250.49 mi-2
£1,15002/250.5 mi-2
£97508/240.52 miStafford Street, Old Town, Swindon, Wiltshire, SN12
£1,00003/250.53 mi-2
£1,10011/240.53 mi-2
£1,10009/240.53 miStafford Street, Swindon, SN12
£1,10008/240.53 miHythe Road, SWINDON2
£1,05009/240.54 miStafford Street, Swindon, SN12

Local Area Statistics

Population in SN1

29,453

Population in Swindon

211,186

Town centre distance

1.60 miles away

Nearest school

0.30 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Price changed to £150,000

February 4, 2025

Listed for £160,000

January 3, 2025

Floor Plans

Description

  • Two double bedrooms! +

- GUIDE PRICE £150,000-£160,000 - NO ONWARD CHAIN!! -

Introducing this spacious upper floor apartment located in the sought after area of Old Town, offering a perfect blend of modern elegance and comfort. Boasting two well-appointed bedrooms, this property is ideal for those seeking a stylish and convenient living space!

As you step inside, you are greeted by a spacious open-plan living area that seamlessly transitions into a sleek, fully-equipped kitchen, perfect for preparing delicious meals. The apartment features large windows that flood the space with natural light, creating a warm and inviting atmosphere.

The master bedroom offers a peaceful retreat with ample storage space and modern ensuite. While the second bedroom can be used as a guest room or a home office. The contemporary bathroom is tastefully designed with high-quality fixtures and fittings.

Situated in a sought-after location, this apartment is within easy reach of local amenities, transport links, and green spaces, making it an ideal choice for modern urban living. Don't miss the opportunity to make this property your new home. Contact us today to arrange a viewing!

Service charge - £1750 PA
Ground rent - £200 PA
Lease length remaining - 106 years
EPC - B
Council tax - C

Agent Details

Richard James Apartments & Investments, Swindon

01793 540178

Next Steps?

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