3 Bed Bungalow, Single Let, Torrington, EX38 8NQ, £150,000
Langtree, Torrington, EX38 8NQ - 3 months ago
Sold STC
BTL
ROI: 6%
~93 m²





+4 photos
ValuationUndervalued
Sold Prices | £190K - £455K |
Sold Prices/m² | £1.1K/m² - £5K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.6K/m² |
Value Estimate | £180,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £37,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £46,200 |
| |
Cash Out | |
Rent Range | £900 - £900 |
Rent Estimate | £900 |
Running Costs/mo | £669 |
Cashflow/mo | £231 |
Cashflow/yr | £2,775 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
14 sold prices from £190K to £455K, average is £320K. £1.1K/m² to £5K/m², average is £3.6K/m².
Local Rents
1 rents from £900/mo to £900/mo, average is £900/mo.
Local Area Statistics
Population in EX38 | 8,260 |
Town centre distance | 3.69 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 10.41 miles away |
| |
Rental growth (12m) | -8% |
Sales demand | Balanced market |
Capital growth (5yrs) | +34% |
Property History
Listed for £150,000
January 17, 2025
Description
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