2 Bed Flat, Single Let, Hitchin, SG4 9DW, £250,000





ValuationFair Value
Sold Prices | £160K - £825K |
Sold Prices/m² | £2.6K/m² - £16.2K/m² |
| |
Square Metres | ~55.55 m² |
Price/m² | £4.5K/m² |
Value Estimate | £251,043 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £13,700 |
Total Cash In | £76,200 |
| |
Cash Out | |
Rent Range | £1,050 - £1,700 |
Rent Estimate | £1,100 |
Running Costs/mo | £1,021 |
Cashflow/mo | £79 |
Cashflow/yr | £945 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
30 sold prices from £160K to £825K, average is £277.5K. £2.6K/m² to £16.2K/m², average is £4.6K/m².
Local Rents
50 rents from £1.1K/mo to £1.7K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SG4 | 28,864 |
Population in Hitchin | 60,216 |
Town centre distance | 0.96 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.96 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Price changed to £250,000
February 20, 2025
Listed for £265,000
January 17, 2025
Floor Plans

Description
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