2 Bed Flat, Single Let, Gloucester, GL1 4DP, £117,500
9 Bishops Castle Way, Gloucester, GL1 4DP - 3 views - 3 months ago
Sold STC
Leasehold
BTL
ROI: 10%
50 m²





+1 photos
ValuationOvervalued
Sold Prices | £104K - £200K |
Sold Prices/m² | £1.5K/m² - £3.2K/m² |
| |
Square Metres | 50 m² |
Price/m² | £2.4K/m² |
Value Estimate | £100,945 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £29,375 |
Stamp Duty & Legal Fees | £4,725 |
Total Cash In | £34,100 |
| |
Cash Out | |
Rent Range | £750 - £1,800 |
Rent Estimate | £850 |
Running Costs/mo | £557 |
Cashflow/mo | £293 |
Cashflow/yr | £3,514 |
ROI | 10% |
Gross Yield | 9% |
Local Sold Prices
25 sold prices from £104K to £200K, average is £132K. £1.5K/m² to £3.2K/m², average is £2K/m².
Local Rents
22 rents from £750/mo to £1.8K/mo, average is £925/mo.
Local Area Statistics
Population in GL1 | 34,172 |
Population in Gloucester | 173,084 |
Town centre distance | 0.24 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.76 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +21% |
Sales demand | Balanced market |
Capital growth (5yrs) | +37% |
Property History
Listed for £117,500
January 24, 2025
Floor Plans

Description
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