2 Bed Flat, Single Let, Chichester, PO19 6RW, £247,500
38, CROFT MEAD, CHICHESTER, WEST SUSSEX, PO19 6RW - 2 months ago
Leasehold
BTL
ROI: 3%
61 m²





+17 photos
ValuationOvervalued
Sold Prices | £186.5K - £450K |
Sold Prices/m² | £2.7K/m² - £4.8K/m² |
| |
Square Metres | 61 m² |
Price/m² | £4.1K/m² |
Value Estimate | £220,862 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £61,875 |
Stamp Duty & Legal Fees | £8,625 |
Total Cash In | £70,500 |
| |
Cash Out | |
Rent Range | £1,200 - £1,750 |
Rent Estimate | £1,200 |
Running Costs/mo | £1,033 |
Cashflow/mo | £167 |
Cashflow/yr | £1,999 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
31 sold prices from £186.5K to £450K, average is £260K. £2.7K/m² to £4.8K/m², average is £3.6K/m².
Local Rents
21 rents from £1.2K/mo to £1.8K/mo, average is £1.4K/mo.
Local Area Statistics
Population in PO19 | 30,184 |
Population in Chichester | 75,877 |
Town centre distance | 1.22 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.56 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +44% |
Sales demand | Balanced market |
Capital growth (5yrs) | +11% |
Property History
Listed for £247,500
February 13, 2025
Floor Plans

Description
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