3 Bed Terraced House, Single Let, Romsey, SO51 7TW, £320,000

Romsey, SO51 7TW - 1 views - 2 months ago

BTL
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£241.5K - £507.5K
Sold Prices/m²£2.8K/m² - £5.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.4K/m²

Value Estimate

£352,463
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£14,300

Total Cash In

£94,300

 

 

Cash Out

 

Rent Range

£1,200 - £2,100

Rent Estimate

£1,313

Running Costs/mo

£1,283

Cashflow/mo

£30

Cashflow/yr

£365

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £241.5K to £507.5K, average is £310K. £2.8K/m² to £5.7K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£355K12/220.03 mi14, Rimington Gardens, Romsey, Hampshire SO51 7TT3
£310K08/230.03 mi10, Halden Close, Romsey, Hampshire SO51 7TS3
£271K07/230.03 mi12, Halden Close, Romsey, Hampshire SO51 7TS3
£245.1K03/210.03 mi5, Halden Close, Romsey, Hampshire SO51 7TS3
£255K10/200.04 mi23, Halden Close, Romsey, Hampshire SO51 7TS3
£310K03/230.04 mi4, Halden Close, Romsey, Hampshire SO51 7TS3
£350K02/230.05 mi2, Abbotswood Close, Romsey, Hampshire SO51 7TW3
£300K02/230.1 mi13, Pinewood Close, Romsey, Hampshire SO51 7TN3
£302.5K07/230.1 mi6, Pinewood Close, Romsey, Hampshire SO51 7TN3
£241.5K03/210.1 mi4, Pinewood Close, Romsey, Hampshire SO51 7TN3
£315K12/220.1 mi12, Tavistock Close, Romsey, Hampshire SO51 7TQ3
£280K07/210.12 mi37, Stapleford Close, Romsey, Hampshire SO51 7HU3
£262.5K11/200.12 mi35, Stapleford Close, Romsey, Hampshire SO51 7HU3
£342.5K11/220.15 mi1, Addison Close, Romsey, Hampshire SO51 7TL3
£275K03/210.15 mi20, Lincoln Close, Romsey, Hampshire SO51 7TJ3
£277K07/210.16 mi35, Cavendish Close, Romsey, Hampshire SO51 7HT3
£265K03/210.16 mi29, Cavendish Close, Romsey, Hampshire SO51 7HT3
£260K02/210.16 mi61, Cavendish Close, Romsey, Hampshire SO51 7HT3
£340K08/230.2 mi14, Hogarth Close, Romsey, Hampshire SO51 7TF3
£325K09/230.22 mi50, Kinver Close, Romsey, Hampshire SO51 7JU3
£258K06/210.23 mi71, Kinver Close, Romsey, Hampshire SO51 7JW3
£274K04/210.23 mi13, Kinver Close, Romsey, Hampshire SO51 7JW3
£272K06/210.24 mi10, Waverley Close, Romsey, Hampshire SO51 7TG3
£350K12/200.25 mi53, Hunters Crescent, Romsey, Hampshire SO51 7UG3
£340K05/210.27 mi32, Bransley Close, Romsey, Hampshire SO51 7JT3
£285K06/210.28 mi9, Savernake Close, Romsey, Hampshire SO51 7TD3
£445K08/210.29 mi14, Peel Close, Romsey, Hampshire SO51 7UQ3
£315K08/230.31 mi143, Westering, Romsey, Hampshire SO51 7LX3
£280K08/210.32 mi56, Woodley Close, Romsey, Hampshire SO51 7PD3
£507.5K06/210.32 mi35, Brook Way, Romsey, Hampshire SO51 7JZ3
£350K03/230.34 mi27, Clover Way, Romsey, Hampshire SO51 7RG3
£390K01/230.34 mi161, Cutforth Way, Romsey, Hampshire SO51 0BG3
£330K11/200.36 mi12, Harefield Court, Romsey, Hampshire SO51 7NN3
£420K03/210.36 mi42, Fairview Drive, Romsey, Hampshire SO51 7LR3
£386.5K04/230.36 mi102, Cutforth Way, Romsey, Hampshire SO51 0BD3
£280K09/210.36 mi105, St Blaize Road, Romsey, Hampshire SO51 7JY3
£350K03/230.36 mi79, St Blaize Road, Romsey, Hampshire SO51 7JY3
£362K11/220.36 mi39, St Blaize Road, Romsey, Hampshire SO51 7JY3
£295K05/230.36 mi101, St Blaize Road, Romsey, Hampshire SO51 7JY3
£346K06/210.37 mi47a, Viney Avenue, Romsey, Hampshire SO51 7NR3
£471K10/200.4 mi13, Richmond Lane, Romsey, Hampshire SO51 7LB3
£279K07/210.4 mi112, St Blaize Road, Romsey, Hampshire SO51 7LW3
£430K03/230.4 mi32, Tate Close, Romsey, Hampshire SO51 0BE3
£243K03/210.4 mi3, Brickwoods Close, Romsey, Hampshire SO51 7JA3
£299.9K03/210.44 mi4, Viney Avenue, Romsey, Hampshire SO51 7NQ3
£299.9K03/210.45 mi4, Viney Avenue, Romsey, Hampshire SO51 7NQ3
£280K01/230.45 mi46, Viney Avenue, Romsey, Hampshire SO51 7NQ3
£480K09/210.45 mi3, Carisbrooke Court, Romsey, Hampshire SO51 7JQ3
£357.5K10/220.45 mi18, Feltham Close, Romsey, Hampshire SO51 8PB3
£365K09/230.45 mi17, Feltham Close, Romsey, Hampshire SO51 8PB3

Local Rents

20 rents from £1.2K/mo to £2.1K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.09 miTavistock Close, Romsey, Hampshire, SO513
£1,50012/240.12 miRomsey3
£1,50012/240.15 miAddison Close, Romsey3
£1,50012/240.15 miLincoln Close, Romsey3
£1,50009/240.16 miRomsey3
£1,40009/240.17 miRomsey Beverley Gardens UNFURNISHED3
£1,50012/240.19 miRomsey Hogarth Close UNFURNISHED3
£1,40009/240.22 miKinver Close, Romsey3
£1,60009/240.25 miThomas Hunt Row, Abbotswood Common Road, Romsey, Hampshire, SO513
£1,65005/230.32 mi-3
£1,45012/240.36 miFairview Drive, ROMSEY3
£1,47512/240.36 miFairview Drive, ROMSEY3
£1,60012/240.36 miCutforth Way, ROMSEY3
£1,30010/230.4 mi-3
£1,30010/240.4 mi-3
£1,35009/240.44 miViney Avenue, Romsey3
£1,45002/250.45 mi-3
£1,85003/250.51 mi-3
£1,60012/240.51 miViney Avenue, Romsey3
£2,10002/240.52 mi-3

Local Area Statistics

Population in SO51

26,989

Town centre distance

0.87 miles away

Nearest school

0.20 miles away

Nearest train station

0.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £320,000

February 28, 2025

Floor Plans

Description

  • Recently Refurbished Home +
  • 3 Bedrooms +
  • Fitted Kitchen with Built-in Oven and Hob +
  • Good Size Sitting/Dining Room +
  • Modern Bathroom +
  • Enclosed Garden +
  • Garage and Parking Space Adjacent to the Property +
  • Pleasantly Situated +
  • No Forward Chain +
  • Ideal First Purchase +

ENTRANCE HALL:
Wood effect flooring, stairs to the first floor.

KITCHEN/BREAKFAST ROOM:
Fitted with a range of modern wall and base units with work surfaces over and tiled surrounds, matching larder cupboard, inset one-and-a-half bowl single drainer stainless steel sink unit, built-in electric oven and hob (hob fitted February 2025), space and plumbing for washing machine, space for fridge/freezer, built-in cupboard, double-glazed window to the front.

SITTING/DINING ROOM:
Radiator, wood effect flooring, double-glazed window and door to the rear garden.

FIRST FLOOR LANDING:
Access to the loft space, airing cupboard housing the Vaillant combination central heating boiler.

BEDROOM ONE:
Radiator, double-glazed window to the front.

BEDROOM TWO:
Radiator, double-glazed window to the rear.

BEDROOM THREE:
Radiator, double-glazed window to the rear.

BATHROOM :
Modern white suite comprising panel-enclosed bath with newly fitted electric shower over, separate shower mixer tap and folding screen, pedestal wash basin, low-level WC, part-tiled walls, double-glazed window to the front.

OUTSIDE:
Open plan garden to the front laid to lawn, with gently sloping concrete ramp for easy wheelchair/pushchair access.  The rear garden is enclosed by panel fencing, principally laid to lawn with small paved patio area and similar ramped access.  Adjoining the garden is an off-road parking space and garage with up-and-over door, personal door into the garden, power and light.

TEST VALLEY COUNCIL TAX:
Band: C, Price: £1,867.68 for the year 2024/25

Agent Details

Pearsons, Romsey

01794 514516

Next Steps?

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