2 Bed Flat, Single Let, Eastleigh, SO50 7AL, £130,000
Oakdene Gardens Fair Oak Road, Fair Oak, Eastleigh, SO50 7AL - 1 views - 3 months ago
Sold STC
Leasehold
BTL
ROI: 6%
~68 m²





+3 photos
ValuationUndervalued
Sold Prices | £123K - £250K |
Sold Prices/m² | £2.6K/m² - £3.7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.9K/m² |
Value Estimate | £162,500 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £32,500 |
Stamp Duty & Legal Fees | £5,100 |
Total Cash In | £37,600 |
| |
Cash Out | |
Rent Range | £500 - £2,750 |
Rent Estimate | £750 |
Running Costs/mo | £576 |
Cashflow/mo | £174 |
Cashflow/yr | £2,085 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
25 sold prices from £123K to £250K, average is £196K. £2.6K/m² to £3.7K/m², average is £2.8K/m².
Local Rents
48 rents from £500/mo to £2.8K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SO50 | 46,318 |
Population in Eastleigh | 78,741 |
Town centre distance | 2.24 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 2.17 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +1% |
Sales demand | Balanced market |
Capital growth (5yrs) | +12% |
Property History
Listed for £130,000
January 24, 2025
Description
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