2 Bed Flat, Single Let, Romsey, SO51 5AX, £250,000
Tadburn Road, Romsey, SO51 5AX - 3 views - 2 months ago
BTL
ROI: 2%
~65 m²
+5 photos
ValuationOvervalued
| Sold Prices | £145K - £460K |
| Sold Prices/m² | £2.5K/m² - £5.3K/m² |
| |
Square Metres | ~64.80 m² |
| Price/m² | £3.9K/m² |
Value Estimate | £242,559 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £13,700 |
Total Cash In | £76,200 |
| |
Cash Out | |
Rent Range | £1,000 - £1,295 |
Rent Estimate | £1,141 |
Running Costs/mo | £1,029 |
Cashflow/mo | £112 |
Cashflow/yr | £1,339 |
ROI | 2% |
Gross Yield | 5% |
Local Sold Prices
24 sold prices from £145K to £460K, average is £232.5K. £2.5K/m² to £5.3K/m², average is £3.7K/m².
Local Rents
14 rents from £1K/mo to £1.3K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SO51 | 26,989 |
Town centre distance | 0.73 miles away |
Nearest school | 0.60 miles away |
Nearest train station | 0.67 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Price changed to £250,000
March 16, 2025
Listed for £260,000
February 10, 2025
Floor Plans
Description
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