2 Bed Flat, Single Let, Camberley, GU17 0AA, £160,000

London Road, Blackwater, Camberley, Hampshire, GU17 0AA - 2 months ago

Leasehold
Auction
BTL
ROI: 9%
~71 m²
+2 photos

ValuationUndervalued

Sold Prices£86K - £300K
Sold Prices/m²£2.7K/m² - £3.8K/m²

 

 

Square Metres

~70.81 m²
Price/m²£2.3K/m²

Value Estimate

£200,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£950 - £1,600

Rent Estimate

£1,128

Running Costs/mo

£746

Cashflow/mo

£382

Cashflow/yr

£4,589

ROI

9%

Gross Yield

8%

Local Sold Prices

26 sold prices from £86K to £300K, average is £215K. £2.7K/m² to £3.8K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£205K07/220.01 mi33a, London Road, Blackwater, Camberley, Hampshire GU17 0AB2
£215K10/210.07 miFlat 2, Katherine House, Kingsway, Blackwater, Camberley, Hampshire GU17 0JS2
£250K09/210.13 miFlat 19, Swan Court, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AG2
£205K02/230.13 miFlat 1, Swan Court, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AG2
£250K09/210.13 miFlat 19, Swan Court, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AG2
£215K01/220.14 miFlat 2, Meadow House, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AH2
£221K12/210.15 miFlat 7, Meadow House, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AH2
£86K09/210.16 miFlat 4, Meadow House, Toad Lane, Blackwater, Camberley, Hampshire GU17 9AH2
£175K03/210.16 mi32, Vicarage Road, Blackwater, Camberley, Hampshire GU17 9BD2
£234K04/210.24 mi14, Russell Court, Blackwater, Camberley, Hampshire GU17 0JP2
£200K08/220.5 mi7, Frogmore Court, Blackwater, Camberley, Hampshire GU17 0PP2
£180K01/230.5 mi8, Frogmore Court, Blackwater, Camberley, Hampshire GU17 0PP2
£270K09/220.5 mi12, Frogmore Court, Blackwater, Camberley, Hampshire GU17 0PP2
£230K01/230.51 mi55, Thornfield Green, Blackwater, Camberley, Hampshire GU17 9EY2
£235K11/200.51 mi6, Claremont Place, Blackwater, Camberley, Hampshire GU17 9EN2
£235K11/200.51 mi6, Claremont Place, Blackwater, Camberley, Hampshire GU17 9EN2
£185K06/230.58 mi22, Bell Lane, Blackwater, Camberley, Hampshire GU17 0NW2
£210K02/220.61 mi1, Thornfield Green, Blackwater, Camberley, Hampshire GU17 9EY2
£300K09/210.75 miFlat 8, Hawley Lodge, Hawley Road, Blackwater, Camberley, Hampshire GU17 9EJ2
£300K04/220.75 miFlat 4, Hawley Lodge, Hawley Road, Blackwater, Camberley, Hampshire GU17 9EJ2
£170K06/210.86 mi31, Vale Road, Camberley, Surrey GU15 3DR2
£208K05/210.96 miFlat 16, St. Michaels Place, St Michaels Road, Camberley, Surrey GU15 3LS2
£225K10/230.97 miFlat 2, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£215K06/210.97 miFlat 2, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£212.5K09/210.97 miFlat 3, Wyatt Court, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2
£145K03/240.97 miWyatt Court, Flat 14, Yorktown Road, College Town, Sandhurst, Bracknell Forest GU47 0NU2

Local Rents

11 rents from £950/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15010/230 mi-2
£1,15004/240.07 miManor House, Blackwater2
£1,29907/230.11 mi-2
£1,12012/240.12 mi-2
£1,35004/240.12 miBridgewater Apartments2
£1,60010/230.18 mi-2
£1,15001/240.41 mi-2
£1,22504/240.46 miBloomsbury Way, Blackwater, Camberley2
£1,30004/240.51 miHawley2
£1,35012/240.56 mi-2
£95002/250.58 mi-2

Local Area Statistics

Population in GU17

10,814

Population in Camberley

69,384

Town centre distance

2 miles away

Nearest school

0.40 miles away

Nearest train station

0.16 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £160,000

March 28, 2025

Price changed to £180,000

March 12, 2025

Listed for £200,000

February 10, 2025

Floor Plans

Description

  • Two Bedrooms +
  • For Sale by Modern Auctions - T&C's Apply +
  • Subject to Reservation Price +
  • Buyers Fees Apply +
  • Open plan lounge/Kitchen +
  • Modern Kitchen +
  • Allocated Parking +
  • EPC: D (56) +
  • Council Tax Band: B +
  • Electric Heating +

Offered to the market with no onward chain stands this modern third floor apartment located within walking distance to Blackwater train station. The spacious accommodation comprises a spacious open plan kitchen/living room with integrated appliances, two well proportioned bedrooms, and a modern fitted bathroom. The property is finished to a high standard throughout. Further benefits to note include electric heating, wood effect flooring and new carpets, contemporary bathroom and kitchen fittings, double glazing, and allocated parking. The property also offers easy access to the M3, M25 and A30. Camberley town centre is approximately two miles away.

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Located to the rear of the property is allocated parking for one car.

Lease Remaining: TBC
Services Charges: TBC – Reviewed: TBC
Ground Rent: TBC – Reviewed: TBC
Council Tax Band: B

Lease details, service charges, ground rent, maintenance charges (where applicable), and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

Valuation/Market Appraisal
Thinking of selling or struggling to sell? Get in contact with Bridges your experienced, local agents and book your free Valuation now!

Agent Details

Bridges Estate Agents, Camberley

01276 740132

Next Steps?

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