2 Bed Terraced House, Single Let, Romsey, SO51 7RJ, £270,000

Bramble Drive, Romsey, SO51 7RJ - 2 months ago

BTL
ROI: 1%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£232.5K - £492.2K
Sold Prices/m²£3K/m² - £5.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£289,472
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£11,100

Total Cash In

£78,600

 

 

Cash Out

 

Rent Range

£1,150 - £1,400

Rent Estimate

£1,196

Running Costs/mo

£1,103

Cashflow/mo

£93

Cashflow/yr

£1,117

ROI

1%

Gross Yield

5%

Local Sold Prices

28 sold prices from £232.5K to £492.2K, average is £275K. £3K/m² to £5.8K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£282K06/210 mi37, Bramble Drive, Romsey, Hampshire SO51 7RJ2
£255K12/200.12 mi22, Clover Way, Romsey, Hampshire SO51 7RG2
£263K06/210.19 mi32, Hunters Crescent, Romsey, Hampshire SO51 7UJ2
£288K11/220.2 mi7, Feltham Close, Romsey, Hampshire SO51 8PB2
£260K07/210.22 mi23, Dibben Walk, Romsey, Hampshire SO51 7UN2
£237K02/210.22 mi11, Dibben Walk, Romsey, Hampshire SO51 7UN2
£275K02/230.22 mi17, Dibben Walk, Romsey, Hampshire SO51 7UN2
£245K03/210.26 mi58, Hunters Crescent, Romsey, Hampshire SO51 7UJ2
£246K02/210.26 mi14, Hunters Crescent, Romsey, Hampshire SO51 7UJ2
£275K08/230.29 mi20, St Blaize Road, Romsey, Hampshire SO51 7LW2
£265K04/230.29 mi68, St Blaize Road, Romsey, Hampshire SO51 7LW2
£492.2K07/230.3 miBurtnel, School Road, Romsey, Hampshire SO51 7NY2
£428K11/200.3 miBurtnel, School Road, Romsey, Hampshire SO51 7NY2
£247.5K01/210.39 mi28, Ganger Road, Romsey, Hampshire SO51 7UB2
£260K03/210.41 mi3, Woodley Way, Romsey, Hampshire SO51 7PB2
£237K01/210.44 mi13, Footner Close, Romsey, Hampshire SO51 7UD2
£252.5K03/230.51 mi59, Cavendish Close, Romsey, Hampshire SO51 7HT2
£285K05/210.62 mi1, Ashdown Way, Romsey, Hampshire SO51 5QR2
£420K08/230.76 mi4, Northlands Road, Romsey, Hampshire SO51 5RW2
£375K06/230.76 mi12, Hillside Avenue, Romsey, Hampshire SO51 5BA2
£320K03/210.81 mi18, Hillside Avenue, Romsey, Hampshire SO51 5BB2
£232.5K04/210.83 mi44, Tadfield Road, Romsey, Hampshire SO51 5AJ2
£330K05/230.83 mi56, Tadfield Road, Romsey, Hampshire SO51 5AJ2
£278K12/200.86 mi73, Chivers Road, Romsey, Hampshire SO51 0AT2
£237.5K05/210.91 mi125, Winchester Road, Romsey, Hampshire SO51 8JF2
£310K01/230.91 mi34, Great Well Drive, Romsey, Hampshire SO51 7QP2
£338K11/220.93 mi88, Winchester Road, Romsey, Hampshire SO51 8JE2
£325K04/230.95 mi11, Botley Road, Romsey, Hampshire SO51 5AG2

Local Rents

10 rents from £1.1K/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15012/240 miBramble Drive, Romsey2
£1,20011/230.09 mi-2
£1,19509/240.15 miClover Way, Romsey, Hampshire, SO512
£1,30009/240.22 miDibben Walk, Romsey2
£1,30009/230.22 mi-2
£1,30009/240.25 miHunters Crescent, Romsey, SO512
£1,40009/240.26 miHunters Crescent, Romsey2
£1,20012/240.57 mi-2
£1,29509/240.58 miMinchin Road, Romsey2
£1,20012/240.59 miWessex Gardens, Romsey2

Local Area Statistics

Population in SO51

26,989

Town centre distance

1.04 miles away

Nearest school

0.40 miles away

Nearest train station

1.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £270,000

March 20, 2025

Listed for £280,000

February 26, 2025

Floor Plans

Description

  • Two Bedroom Mid Terrace House +
  • Sought after Location +
  • Double Glazed +
  • Electric Heating +
  • Fitted Kitchen +
  • Allocate Parking Space +
  • Great for First Time Buyers +
  • New Fitted Bathroom +

SUMMARY
Fox and Sons Romsey have pleasure in offering for sale this lovely two-bedroom mid terrace house, situated in a very popular residential location within easy reach of Romsey Town Centre

DESCRIPTION
Fox and Sons Romsey have pleasure in offering for sale this lovely two-bedroom mid terrace house, situated in a very popular residential location within easy reach of Romsey Town Centre. Set within a quiet closed road this well-presented home is a fantastic opportunity for first time buyers or investment buyers. Bramble Drive is located off the popular Campion Drive development, approximately 1.3 miles from the town centre and train station. The accommodation offers two bedrooms, newly fitted bathroom, lounge and fitted kitchen. Outside there is a low maintenance garden, rear access with a raised decking area and views of the woods. Other benefits include electric heating, double glazing and an allocate parking space. There is a local shop within a few minutes and exceptionally easy access to the town, various amenities with frequent bus routes on the Winchester Road to Romsey and Winchester. Viewing is absolutely essential to appreciate what's on offer with this great house, accommodation, and size.

Entrance 

Hallway 

Lounge  15' 3" x 11' 8" max ( 4.65m x 3.56m max )

Kitchen 11' 6" x 6' 8" ( 3.51m x 2.03m )

Landing 

Bedroom One 11' 6" x 12' 9" ( 3.51m x 3.89m )

Bedroom Two 10' 10" x 5' 5" ( 3.30m x 1.65m )

Family Bathroom 5' 9" x 5' 9" ( 1.75m x 1.75m )

Outside 

Front And Rear Gardens 

Rear Access 

Allocated Parking Space 

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

Fox & Sons, Romsey

01794 337459

Next Steps?

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