2 Bed Flat, Single Let, Swindon, SN1 4GG, £140,000

Vervain Court, Old Town, Swindon, SN1 4GG - 2 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£800 - £1,150,260

Rent Estimate

£861

Running Costs/mo

£630

Cashflow/mo

£231

Cashflow/yr

£2,776

ROI

7%

Gross Yield

7%













Local Rents

46 rents from £800/mo to £1.2M/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95008/240 miPeriwinkle Court, 15 Pasteur Drive, Old Town, Swindon, SN12
£80011/230.01 mi-2
£1,00009/240.04 miHolly Court, Old Town, Swindon2
£1,00009/240.04 miSeacole Crescent, Angel Ridge, Old Town, Swindon, Wiltshire, SN12
£89509/240.05 miMISTLETOE COURT, Old Town2
£92507/240.05 mi-2
£95009/240.06 miPasteur Drive, Swindon, SN12
£97511/240.07 mi-2
£1,20002/240.08 miTithe Barn Crescent, Swindon, Wiltshire, SN12
£1,05008/240.08 miOld Town2
£1,10009/240.1 miHolly Court, Angel Ridge, SN12
£1,00002/240.11 mi-2
£1,15008/240.11 mi-2
£95008/240.12 miCelsus Grove, Old Town, Swindon, SN12
£1,05008/240.12 mi-2
£1,10001/250.13 mi-2
£1,00008/240.13 miOld Town, Swindon, SN12
£1,15001/250.14 mi-2
£1,00009/240.15 miYersin Court, Old Town2
£1,00009/240.17 miChain Court, SWINDON2
£1,05009/240.18 miChain Court, Old Town, Swindon, Wiltshire, SN12
£1,02509/240.18 mi-2
£1,02509/240.18 miChain Court, Swindon, SN12
£99509/240.21 miChain Court, Swindon, Wiltshire2
£1,30008/240.32 miKingshill Road, Swindon SN1 4LQ2
£1,25010/240.33 mi-2
£1,10008/240.36 miDunsford Close, Old Town, Swindon2
£1,00009/240.38 miWestcott Place, Swindon, SN12
£1,20008/240.38 miThe Marlestones, Old Town, SN12
£1,10008/240.41 mi-2
£1,05009/240.41 miTrecastle Road, Swindon, Wiltshire, SN12
£1,00009/240.42 miTurner Street, Town Centre, Swindon, SN12
£1,30007/240.42 mi-2
£85008/240.46 miWilliam Street, Swindon2
£95009/240.46 miKent Road, Swindon, SN12
£1,10002/250.48 mi-2
£1,15002/250.49 mi-2
£1,10003/250.5 mi-2
£1,150,26002/240.52 miMoument House, Chaddington Strand, Swindon, Wiltshire, SN12
£95009/240.54 miHythe Road, Old Town, Swindon, SN12
£1,07509/240.55 miBirch Street, Swindon, SN12
£97508/240.56 miStafford Street, Old Town, Swindon, Wiltshire, SN12
£1,05009/240.58 miStafford Street, Swindon, SN12
£1,15011/240.58 mi-2
£95011/230.58 mi-2
£1,10008/240.58 miHythe Road, SWINDON2

Local Area Statistics

Population in SN1

29,453

Population in Swindon

211,186

Town centre distance

1.63 miles away

Nearest school

0.30 miles away

Nearest train station

1.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £140,000

January 30, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +

- GUIDE PRICE £140,000 - £150,000!! -

NO ONWARD CHAIN!!

Introducing a charming first floor apartment boasting two bedrooms, located in a sought-after area. This well-maintained property offers a comfortable living space, perfect for individuals or small families. The apartment features a bright and airy lounge area, ideal for relaxation or entertaining guests. The modern kitchen is well-equipped with all necessary appliances for convenience.Both bedrooms are generously sized and offer ample storage space. The property benefits from off-street parking, ensuring hassle-free parking arrangements for residents. Located in a desirable neighbourhood, this apartment is close to local amenities, transport links, and green spaces, providing a convenient and enjoyable lifestyle.

The property further benefits from an allocated parking space! Don't miss the opportunity to make this delightful apartment your new home. Contact us today to arrange a viewing and secure this fantastic property for yourself!

Service charge - £1800
Ground rent - £200
Lease length remaining - 105 years
EPC - B
Council tax - C

Agent Details

Richard James Apartments & Investments, Swindon

01793 540178

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪