2 Bed Flat, Single Let, Swindon, SN3 4HH, £150,000

Swindon, Wiltshire, SN3 4HH - 2 views - 2 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£76K - £193K
Sold Prices/m²£1.5K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£155,253
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£825 - £1,300

Rent Estimate

£809

Running Costs/mo

£651

Cashflow/mo

£158

Cashflow/yr

£1,901

ROI

4%

Gross Yield

6%

Local Sold Prices

48 sold prices from £76K to £193K, average is £140K. £1.5K/m² to £4.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£120K10/200.02 mi67, Sandgate, Swindon SN3 4HH2
£175K12/200.19 mi53, Slade Drive, Swindon SN3 4DS2
£150K08/210.22 mi87, Colebrook Road, Swindon SN3 4DU2
£167K11/220.27 mi44, Carver Close, Stratton St Margaret, Swindon SN3 4GJ2
£148K12/220.83 mi89, Winton Road, Swindon SN3 4XL2
£119K09/210.87 mi64, Wrenswood, Swindon, Thamesdown SN3 5AR2
£112K01/210.87 mi36, Wrenswood, Swindon, Thamesdown SN3 5AR2
£130K06/210.87 mi60, Wrenswood, Swindon SN3 5AR2
£130K09/210.87 mi22, Wrenswood, Swindon SN3 5AR2
£151K12/220.87 mi32, Wrenswood, Covingham, Swindon SN3 5AR2
£155K10/220.89 mi82, Wrenswood, Covingham, Swindon SN3 5AR2
£76K02/210.95 mi10, Kimmeridge Close, Nythe, Swindon SN3 3PZ2
£115K09/220.97 mi1, Dacre Road, Swindon SN3 3DN2
£140K12/220.99 mi65, Farriers Close, Swindon SN1 2QX2
£145K12/220.99 mi13, Charminster Close, Swindon SN3 3QB2
£127K12/221.01 mi15, Tudor Walk, Swindon SN3 3DP2
£120K06/211.05 mi33, Farriers Close, Swindon SN1 2QU2
£125K03/211.14 mi23, Midhurst Avenue, Swindon SN3 2QG2
£126.5K11/211.18 mi4, Dores Court, Swindon SN2 7QY2
£155K10/231.18 mi16, Dores Court, Swindon SN2 7QY2
£170K12/221.24 mi145, Kingswood Avenue, Park North, Swindon SN3 2RF2
£162K11/221.35 mi92, Pheasant Close, Covingham, Swindon SN3 5HT2
£105K12/221.36 mi3, Sadler Walk, Swindon SN3 3AQ2
£130K10/211.37 mi132d, Cricklade Road, Swindon SN2 8AG2
£115K07/211.48 mi35, Woodhouse Road, Swindon SN3 2GU2
£107.5K12/201.49 mi205, Whitbourne Avenue, Swindon SN3 2LL2
£130K04/211.55 mi397, Cranmore Avenue, Swindon SN3 2EY2
£190K11/231.57 miFlat 1, The Seasons, Jole Close, Swindon SN2 7WE2
£96.5K03/211.62 mi11, Blakesley Close, Swindon SN3 2HU2
£153K09/221.66 mi43, Kennedy Drive, Swindon SN3 3SB2
£130K03/231.69 miFlat 29, Brunswick House, Corporation Street, Swindon SN1 1DP2
£130.2K02/211.69 miFlat 17, Brunswick House, Corporation Street, Swindon SN1 1DP2
£145K05/211.75 mi122, Brunel Crescent, Swindon SN2 1FE2
£167.5K04/231.75 mi75, Brunel Crescent, Swindon SN2 1FE2
£150K01/231.75 mi111, Brunel Crescent, Swindon SN2 1FE2
£170K05/231.75 mi108, Brunel Crescent, Swindon SN2 1FE2
£147K05/211.75 mi155, Brunel Crescent, Swindon SN2 1FE2
£146K04/211.75 mi74, Brunel Crescent, Swindon SN2 1FE2
£155K12/221.75 mi128, Brunel Crescent, Swindon SN2 1FE2
£155K12/231.79 mi28, Brunel Crescent, Swindon SN2 1FD2
£120K12/221.81 mi14, Broughton Grange, Swindon SN3 1LW2
£140K07/211.81 mi33, Broughton Grange, Swindon SN3 1LW2
£140K08/211.81 mi16, Broughton Grange, Swindon SN3 1LW2
£154K12/221.81 mi21, Broughton Grange, Swindon SN3 1LW2
£118K07/211.82 mi74, Carstairs Avenue, Swindon SN3 2DF2
£98K04/211.82 mi18, Oaksey Road, Swindon SN2 5BT2
£120K03/211.9 miFlat 3, Cirencester Court, Drove Road, Swindon SN1 3AU2
£193K03/211.96 mi30, Steeple View, Swindon SN1 3FH2

Local Rents

21 rents from £825/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£87503/250.11 mi-2
£82509/240.38 miBakers Court, Ermin Street, Swindon, Wiltshire, SN32
£1,02509/240.4 miSwan Close, Swindon, SN3 4QB2
£1,20009/240.41 miDarling Close, Swindon, Wiltshire, SN32
£1,10009/240.42 mi-2
£87509/240.43 miFranklin House, Twickenham Close, Swindon, Wiltshire, SN32
£85009/240.48 miTwickenham Close, Swindon, Wiltshire, SN32
£90009/240.49 mi-2
£95009/240.64 miGifford Road, Swindon2
£1,00009/240.65 miGifford Road, Upper Stratton, Swindon, SN32
£1,05003/250.81 mi-2
£1,30009/240.86 miOakfield Avenue, Swindon2
£1,10008/240.88 miCopse Avenue, Swindon2
£95009/240.9 miConstable Road, SWINDON2
£1,15009/241 miEast Swindon2
£82509/241.01 mi-2
£97509/241.01 mi-2
£90009/241.01 miFarriers Close, Swindon, SN12
£87509/241.05 miCole Close, Covingham, Swindon, SN32
£87509/241.18 miDores Court, Swindon, SN22
£99502/251.21 mi-2

Local Area Statistics

Population in SN3

51,560

Population in Swindon

211,186

Town centre distance

1.49 miles away

Nearest school

0.30 miles away

Nearest train station

1.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £150,000

February 4, 2025

Floor Plans

Description

  • Spacious ground floor apartment in desirable Stratton location. +
  • Bright entrance welcomes you to a comfortable living space. +
  • Generous lounge/diner with access to scenic communal grounds. +
  • Two double bedrooms offering ample space and wardrobes. +
  • Modern kitchen +
  • Allocated parking and secure single garage for convenience. +
  • Long lease guarantees long-term peace of mind. +
  • Close proximity to Swindon Outlet and local amenities. +
  • Nearby reputable schools and excellent transport links. +
  • Abundant natural light fills open, airy communal areas. +

Ideally located in the sought-after area of Stratton, Swindon, this well presented ground floor apartment offers a blend of comfort, practicality, and style. Perfect for downsizers, first-time buyers, or investors, the property is in good condition throughout and benefits from a 999-year lease (from 1987), ensuring long-term peace of mind. With generous communal features and modern touches, this apartment is designed to enhance everyday living.

Key Features of the Home

Ground Floor

  • Welcoming Entrance: A bright and spacious hallway sets the tone for the home, providing easy access to all rooms.

  • Lounge/Diner: Enjoy the seamless flow from the lounge/diner through double doors leading out onto the well-kept communal grounds, perfect for relaxing or entertaining.

  • Bedrooms: Two generously sized double bedrooms, with Bedroom 1 featuring fitted wardrobes for ample storage.

  • Kitchen: A good-sized kitchen offering plenty of space for meal preparation and dining.

  • Additional Storage: A separate storage cupboard in the communal hallway adds extra space, ideal for keeping belongings organised.

External Features

  • Parking & Garage: Benefit from allocated parking and a single garage located within a secure block, providing both convenience and additional storage options.

  • Communal Spaces: Enjoy abundant natural light from well-positioned windows that overlook the communal areas, creating an open and airy atmosphere throughout the home.

Location Highlights – Stratton, Swindon Stratton is a vibrant and convenient location, offering an excellent lifestyle for families and individuals alike. The apartment is within close proximity to:

  • Swindon Outlet: A short drive away for a range of shopping and dining options.

  • Local Schools: Several reputable schools in the vicinity ensure quality education for families.

  • Transport Links: Excellent commuter routes provide easy access to surrounding areas, making travel straightforward.

  • Greenbridge Leisure Park: A nearby leisure destination perfect for outdoor activities and relaxation.

This versatile apartment, with its practical layout and well-appointed features, offers a fantastic opportunity to secure a property that meets a variety of needs. Whether you are looking to invest, downsize, or take your first step onto the property ladder, this home is a must-see.

Contact us today to arrange a viewing and experience the benefits of living in this attractive Stratton residence.

Agent Details

Avocado Property, Covering South East

01344 951830

Next Steps?

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