3 Bed Terraced House, Single Let, Farnborough, GU14 9LB, £300,000

3 PINEWOOD PARK, FARNBOROUGH, GU14 9LB - 2 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£265K - £450K
Sold Prices/m²£3.1K/m² - £5.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£360,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,400 - £1,900

Rent Estimate

£1,513

Running Costs/mo

£1,260

Cashflow/mo

£253

Cashflow/yr

£3,035

ROI

3%

Gross Yield

6%

Local Sold Prices

52 sold prices from £265K to £450K, average is £338.8K. £3.1K/m² to £5.2K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£270K03/210 mi53, Pinewood Park, Farnborough, Hampshire GU14 9LB3
£340K07/230 mi63, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LB3
£340K07/230 mi63, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LB3
£325K10/230 mi5, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LB3
£287K05/210.07 mi123, Pinewood Park, Farnborough, Hampshire GU14 9LE3
£315K10/230.07 mi127, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LE3
£275K10/200.12 mi138, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LF3
£290K06/210.12 mi106, Pinewood Park, Farnborough, Hampshire GU14 9LF3
£315K08/230.12 mi24, Lakeside Gardens, Farnborough, Hampshire GU14 9JG3
£340K01/230.13 mi38, Bartons Way, Farnborough, Hampshire GU14 9LL3
£360K04/210.13 mi69, Sandy Lane, Farnborough, Hampshire GU14 9JB3
£354K02/210.13 mi123, Sandy Lane, Farnborough, Hampshire GU14 9JB3
£350K12/210.13 mi63, Sandy Lane, Farnborough, Hampshire GU14 9JB3
£340K02/230.14 mi173, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LQ3
£295K03/210.14 mi126, Pinewood Park, Farnborough, Hampshire GU14 9LF3
£265K03/210.15 mi452, Pinewood Park, Farnborough, Hampshire GU14 9JU3
£360K03/210.15 mi14, Goddards Close, Farnborough, Hampshire GU14 9GU3
£292K01/210.16 mi277, Pinewood Park, Cove, Farnborough, Hampshire GU14 9JS3
£317K03/230.16 mi291, Pinewood Park, Cove, Farnborough, Hampshire GU14 9JS3
£340K08/230.16 mi295, Pinewood Park, Cove, Farnborough, Hampshire GU14 9JS3
£328K03/210.16 mi46, Sidlaws Road, Farnborough, Hampshire GU14 9JN3
£285K06/210.18 mi53, Shepherds Walk, Farnborough, Hampshire GU14 9HA3
£337.5K01/240.18 mi61, Shepherds Walk, Farnborough, Hampshire GU14 9HA3
£274.2K12/200.19 mi188, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LG3
£307.5K11/200.19 mi216, Pinewood Park, Farnborough, Hampshire GU14 9LG3
£365K04/210.21 mi13, Brecon Close, Farnborough, Hampshire GU14 9JH3
£300K03/210.22 mi290, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LH3
£325K05/230.22 mi260, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LH3
£295K08/230.22 mi422, Pinewood Park, Cove, Farnborough, Hampshire GU14 9JT3
£450K06/230.22 mi5, Sidlaws Road, Farnborough, Hampshire GU14 9JL3
£385K04/230.23 mi23, Blackstone Close, Farnborough, Hampshire GU14 9JW3
£408K05/230.23 mi3, Mendip Road, Farnborough, Hampshire GU14 9HL3
£320K04/210.25 mi39, The Potteries, Farnborough, Hampshire GU14 9JR3
£345K03/210.25 mi51, The Potteries, Cove, Farnborough, Hampshire GU14 9JR3
£348K06/230.26 mi380, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LJ3
£325K08/230.26 mi368, Pinewood Park, Cove, Farnborough, Hampshire GU14 9LJ3
£380K10/230.26 mi49, Sandy Lane, Farnborough, Hampshire GU14 9HJ3
£320K02/210.27 mi6, Wayman Road, Farnborough, Hampshire GU14 9HD3
£360K03/210.3 mi8, Pennine Way, Farnborough, Hampshire GU14 9HW3
£425K09/230.31 mi12, Shepherds Walk, Farnborough, Hampshire GU14 9EY3
£410K10/230.31 mi9, Shepherds Walk, Farnborough, Hampshire GU14 9EY3
£305K04/210.31 mi72, Sunnybank Road, Farnborough, Hampshire GU14 9NW3
£357.9K03/230.31 mi70, Sunnybank Road, Farnborough, Hampshire GU14 9NW3
£373.1K10/210.32 mi25, Henley Close, Farnborough, Hampshire GU14 9HE3
£325K11/200.33 mi7, Tees Close, Farnborough, Hampshire GU14 9NA3
£322K07/210.33 mi9, Tees Close, Farnborough, Hampshire GU14 9NA3
£355K11/200.33 mi5, Cheviot Close, Farnborough, Hampshire GU14 9HS3
£360K12/220.35 mi8, Kennet Close, Farnborough, Hampshire GU14 9NN3
£430K07/230.35 mi2, Frome Close, Farnborough, Hampshire GU14 9NP3
£430K07/230.35 mi2, Frome Close, Farnborough, Hampshire GU14 9NP3
£400K09/230.35 mi5, Frome Close, Farnborough, Hampshire GU14 9NP3
£333K08/230.35 mi2, Mole Close, Farnborough, Hampshire GU14 9NY3

Local Rents

19 rents from £1.4K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70004/240.15 miPennine Way, Farnborough3
£1,70003/250.15 mi-3
£1,65004/240.15 miPinewood Park, Farnborough, Hampshire, GU143
£1,50004/240.23 miMendip Road, Farnborough3
£1,75004/240.23 miMendip Road3
£1,40004/240.26 miSandy Lane, GU143
£1,70005/240.32 miSunnybank Road, Farnborough, Hampshire, GU143
£1,60004/240.33 miTees Close, Farnborough, Hampshire3
£1,65004/240.38 miDart Road, Farnborough, Hampshire, GU143
£1,90004/240.44 miSkylark Mews3
£1,60007/240.5 mi-3
£1,75004/240.51 miCripley Road, Farnborough3
£1,75004/240.53 mi-3
£1,75005/240.53 mi-3
£1,65006/240.53 mi-3
£1,80004/240.55 mi-3
£1,80004/240.57 miRuth Close, Farnborough3
£1,60004/240.57 miNorthcote Road, Farnborough, Hampshire, GU143
£1,45002/240.57 mi-3

Local Area Statistics

Population in GU14

55,142

Population in Farnborough

55,171

Town centre distance

1.07 miles away

Nearest school

0.60 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+54%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £300,000

February 25, 2025

Floor Plans

Description

  • No Onward Chain Complications +
  • Garage in a Nearby Block +
  • Front Aspect Kitchen/Dining Room +
  • Utility/WC +
  • Short Walk To Schooling, Hawley Woods & Hawley Lake +
  • Ideal For First Time Buyers +
  • Close To Shops +
  • Easy Access To Transport Links +

NO ONWARD CHAIN COMPLICATIONS

This terraced home is located in the popular Pinewood Park development and comes to the market as vacant possession with no onward chain complications.

The property is located within a short walk to a selection of schooling, Hawley Woods and Hawley Lake. Perfect for all families, dog walkers, runners, and cyclists. You’ll even find Hawley Sail training centre nearby which is ideal if you are into water sports.

The downstairs accommodation comprises a front aspect kitchen/dining room with living room to the rear aspect. From the living room there is a small utility/WC extension, and you can access the rear garden from the utility room and the living room.

To the first floor, there are three well proportionally sized bedrooms, of which two are large double bedrooms and a three-piece bathroom.

To the front of the property, there is residential parking available with also a garage located in a nearby block.

This property is located for ease for all commuters. There is easy access to Junction 4A of the M3, and Farnborough Main train station offers links to London Waterloo in under 37 minutes.

*PLEASE NOTE*: The property is subject to water damage to the ceiling in the kitchen. The property has been valued with this in mind and the quotation to get the work fixed is priced at just under £3,000. The quotation can be sent to any interested party upon request.

Agent Details

Prospect Estate Agency, Farnborough

01252 221972

Next Steps?

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