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

Florey Court, Swindon, SN1 4GX - 9 months ago
Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
Property image

ValuationUndervalued

Sold Prices£125K - £337K
Sold Prices/m²£1.7K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£171,163
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£695 - £1,200

Rent Estimate

£699

Running Costs/mo

£597

Cashflow/mo

£102

Cashflow/yr

£1,220

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £125K to £337K, average is £155K. £1.7K/m² to £4.8K/m², average is £2.5K/m².

Price
Date
Distance
Address
Beds
 
£148K11/240 mi3, Florey Court, Swindon SN1 4GX2
£146K06/230 mi69, Florey Court, Swindon SN1 4GX2
£147K11/210 mi61, Florey Court, Swindon SN1 4GX2
£137.5K02/230 mi9, Florey Court, Swindon SN1 4GX2
£167K01/230 mi27, Florey Court, Swindon SN1 4GX2
£148K01/230 mi60, Florey Court, Swindon SN1 4GX2
£157.5K01/230.01 mi58, Florey Court, Swindon SN1 4GX2
£142.5K12/220.02 mi16, Yersin Court, Swindon SN1 4GY2
£139K05/210.03 mi6, Florey Court, Swindon SN1 4GX2
£143.5K01/230.03 mi49, Yersin Court, Swindon SN1 4GY2
£155K06/250.04 mi18, Chain Court, Old Town, Swindon SN1 4GW2
£155K06/250.04 mi18, Chain Court, Old Town, Swindon SN1 4GW2
£138.5K06/210.05 mi6, Chain Court, Swindon SN1 4GW2
£159.9K03/230.05 mi33, Chain Court, Swindon SN1 4GW2
£154K01/230.05 mi50, Chain Court, Swindon SN1 4GW2
£150K11/210.05 mi30, Chain Court, Swindon SN1 4GW2
£140K07/250.05 mi54, Yersin Court, Old Town, Swindon SN1 4GY2
£167.5K02/250.08 mi2 Water Lily Court, 22, Tuke Walk, Old Town, Swindon SN1 4GR2
£167.5K02/250.08 mi22, 2 Water Lily Court, Tuke Walk, Old Town, Swindon SN1 4GR2
£147.5K02/250.11 mi25 Ivy Court, 5, Pasteur Drive, Old Town, Swindon SN1 4GJ2
£125K07/250.11 mi11, 25 Ivy Court, Pasteur Drive, Old Town, Swindon SN1 4GJ2
£135K04/250.13 mi1, 46 Pennyroyal House, Celsus Grove, Old Town, Swindon SN1 4GT2
£135K04/250.13 mi1, 46 Pennyroyal House, Celsus Grove, Old Town, Swindon SN1 4GT2
£135K04/250.13 mi1, 46 Pennyroyal House, Celsus Grove, Old Town, Swindon SN1 4GT2
£166K04/250.15 mi11, 17 Rowan Court, Seacole Crescent, Old Town, Swindon SN1 4GQ2
£160K01/250.15 mi17 Rowan Court, 33, Seacole Crescent, Old Town, Swindon SN1 4GQ2
£166K04/250.15 mi11, 17 Rowan Court, Seacole Crescent, Old Town, Swindon SN1 4GQ2
£190K12/240.21 miC Kennet House, Tithe Barn Crescent, Swindon SN1 4NR2
£337K07/250.42 mi12, Westlecot House, Westlecot Road, Old Town, Swindon SN1 4EQ2
£155K04/250.46 mi13, 56 Walton Grange, Bath Road, Old Town, Swindon SN1 4AH2
£155K04/250.46 mi13, 56 Walton Grange, Bath Road, Old Town, Swindon SN1 4AH2
£220K12/220.47 mi16, Dunsley Vale, Swindon SN1 7BW2
£195K04/230.48 mi17, Trecastle Road, Swindon SN1 7BU2
£162K12/240.49 mi37, Flat E, Dixon Street, Swindon SN1 3PL2
£177K01/230.5 mi29, Ravensdale, Swindon SN1 7AN2
£207K01/230.53 mi41, Staldon Road, Swindon SN1 7AG2
£142.5K02/250.53 miSavernake Court, Flat 10, Savernake Street, Old Town, Swindon SN1 3LX2
£152K12/240.59 mi8, Staldon Court, East Wichel, Swindon SN1 7BY2
£225K04/250.63 mi5, Monument House, Chaddington Strand, Swindon SN1 7DR2
£225K04/250.63 mi5, Monument House, Chaddington Strand, Swindon SN1 7DR2
£145K05/210.65 mi5, Rylane, Swindon SN1 7AW2
£135K02/250.66 mi20, Bradford Road, Swindon SN1 4FE2
£135K02/250.67 mi20, Bradford Road, Old Town, Swindon SN1 4FE2
£170K08/250.67 mi21, Bradford Road, Old Town, Swindon SN1 4FE2
£198K12/220.69 mi132, Lynmouth Road, Swindon SN2 2DH2
£160K02/250.69 mi202, Padstow Road, Swindon SN2 2EQ2
£160K02/250.69 mi202, Padstow Road, Swindon SN2 2EQ2
£160K02/250.69 mi202, Padstow Road, Swindon SN2 2EQ2
£134K08/210.7 mi138, Padstow Road, Swindon SN2 2EQ2
£130K06/210.7 mi150, Padstow Road, Swindon SN2 2EQ2

Local Rents

48 rents from £695/mo to £1.2K/mo, average is £998/mo.

Rent
Date
Distance
Address
Beds
 
£97508/250 miFlorey Court, Swindon2
£1,20007/250 miFlorey Court, Swindon, Wiltshire, SN12
£90007/250 miFlorey Court, Okus Road, Old Town, Swindon, SN12
£74508/250 miFlorey Court, Okus Road, Swindon, SN12
£1,10001/250 mi-2
£1,10006/250 mi-2
£95008/240.01 miCelsus Grove, Old Town, Swindon, SN12
£1,05008/240.01 mi-2
£1,10008/250.01 miFlorey Court, Old Town, Swindon, Wiltshire, SN12
£93010/250.02 miFlorey Court, Okus, Swindon, SN12
£1,15001/250.02 mi-2
£1,20006/250.02 mi-2
£95011/250.02 mi-2
£95011/250.02 miFlorey Court, Swindon, SN12
£97507/250.03 miYersin Court, Swindon, Wiltshire, SN12
£90006/250.03 miYersin Court, Swindon, SN12
£95011/250.03 miYersin Court, Swindon, Wiltshire, SN12
£95011/250.03 miYersin Court, Swindon, SN12
£85008/250.05 miChain Court, Old Town, Swindon2
£1,00009/240.05 miChain Court, SWINDON2
£1,00009/250.05 miChain Court, SWINDON2
£1,07510/250.05 miChain Court, Old Town, Swindon2
£80007/250.05 miChain Court, Celsus Grove, Swindon2
£72507/250.05 miChain Court, Old Town, Swindon2
£95006/250.05 miChain Court, Celsus Grove, Old Town, Swindon, SN12
£69508/250.05 miChain Court, Old Town, Wiltshire, SN12
£80007/250.05 miChain Court, Old Town, Swindon2
£1,05009/240.05 miChain Court, Old Town, Swindon, Wiltshire, SN12
£1,05009/250.05 miYersin Court, Swindon2
£1,02509/240.05 mi-2
£1,05008/250.05 mi-2
£1,02509/240.05 miChain Court, Swindon, SN12
£1,15008/250.05 miChain Court, Swindon, SN12
£1,05008/250.05 miChain Court, Swindon, SN12
£1,10007/250.05 miChain Court, Old Town, Swindon2
£99508/250.05 miChain Court, Old Town, Swindon2
£1,15009/250.06 miPortland Avenue, Old Town2
£92507/250.07 miCelsus Grove, SWINDON2
£1,09509/250.08 mi-2
£1,09509/250.08 miWater Lily Court, Swindon, SN12
£1,00008/250.08 miTuke Walk, Swindon2
£95008/250.11 miCelsus Grove, SWINDON2
£1,05011/250.11 miIvy Court, Pasteur Drive, Swindon, SN12
£95009/240.11 miPasteur Drive, Swindon, SN12
£1,05006/250.11 miCelsus Grove, Swindon, Wiltshire, SN12
£95007/250.12 miPasteur Drive, Old Town, Swindon, Wiltshire, SN12
£70008/250.12 miHolly Court, Angel Ridge, Swindon, Wiltshire, SN12
£99509/250.12 miSwindon2

Local Area Statistics

Population in SN1

29,453

Population in Swindon

211,186

Town centre distance

1.53 miles away

Nearest school

0.30 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £140,000

February 15, 2025

Floor Plans

Property image

Description

  • LOCATED IN OLD TOWN +
  • OPEN PLAN LOUNGE +
  • SEPARATE KITCHEN +
  • TWO BEDROOMS +
  • EN-SUITE BATHROOM +
  • NO ONWARD CHAIN +

SUMMARY
Allen & Harris are pleased to offer this two bedroom apartment for sale in Okus, Old Town. The property offers an open plan living room, separate kitchen, two bedrooms, en-suite shower and family bathroom. The property is also being sold with NO ONWARD CHAIN.

DESCRIPTION
Allen & Harris are pleased to offer this two bedroom apartment for sale in Okus, Old Town. The property offers an open plan living room, separate kitchen, two bedrooms, en-suite shower and family bathroom. The property is also being sold with NO ONWARD CHAIN.

Situated in Old Town, the property is close to a number of local amenities and accessible to transport links.

Entrance Hall 
Doors to rooms.

Lounge / Diner 14' 7" Max x 18' 2" Max ( 4.45m Max x 5.54m Max )
Window to front elevation, TV point & BT point (subject to connection) and door to kitchen.

Kitchen 8' 4" x 8' ( 2.54m x 2.44m )
Window to front elevation. Kitchen offers eye and base level units, role edge worktops, sink and drainer, hob, extractor fan and built in single oven, built in washing machine and fridge freezer.

Bedroom One 11' 1" x 10' 3" ( 3.38m x 3.12m )
Window to rear elevation and door to ensuite.

Ensuite 
Low level WC, sink, shower, partly tiled walls and extractor fan.

Bedroom Two 10' 3" x 7' 1" ( 3.12m x 2.16m )
Window to rear elevation.

Family Bathroom 
Bath, WC, sink and pedestal, partly tiled walls and extractor fan.

Parking 
Allocated parking space.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Swindon

01793 540442

Next Steps?

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