2 Bed Flat, Single Let, Newport, PO30 1RS, £140,000





ValuationUndervalued
Sold Prices | £110K - £331K |
Sold Prices/m² | £1.8K/m² - £3.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.1K/m² |
Value Estimate | £171,771 |
BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £35,000 |
Stamp Duty & Legal Fees | £8,500 |
Total Cash In | £43,500 |
| |
Cash Out | |
Rent Range | £750 - £1,250 |
Rent Estimate | £847 |
Running Costs/mo | £627 |
Cashflow/mo | £220 |
Cashflow/yr | £2,641 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
25 sold prices from £110K to £331K, average is £142.5K. £1.8K/m² to £3.5K/m², average is £2.5K/m².
Local Rents
16 rents from £750/mo to £1.3K/mo, average is £950/mo.
Local Area Statistics
Population in PO30 | 29,065 |
Population in Newport | 229,937 |
Town centre distance | 122.26 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 6.29 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +25% |
Sales demand | Balanced market |
Capital growth (5yrs) | +21% |
Property History
Price changed to £140,000
January 31, 2025
Listed for £155,000
January 8, 2025
Floor Plans

Description
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