2 Bed Flat, Single Let, Eastleigh, SO50 4NA, £180,000

101, Allbrook Hill, Eastleigh, SO50 4NA - 2 views - 2 months ago

Leasehold
BTL
ROI: 4%
43 m²
+3 photos

ValuationOvervalued

Sold Prices£165K - £356K
Sold Prices/m²£2.5K/m² - £5.7K/m²

 

 

Square Metres

43 m²
Price/m²£4.2K/m²

Value Estimate

£136,963

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£895 - £1,550

Rent Estimate

£953

Running Costs/mo

£773

Cashflow/mo

£180

Cashflow/yr

£2,159

ROI

4%

Gross Yield

6%

Local Sold Prices

22 sold prices from £165K to £356K, average is £190K. £2.5K/m² to £5.7K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£190K03/210.1 miFlat 3, Osborne Mews, Allbrook Hill, Eastleigh, Hampshire SO50 4JQ2
£200K07/230.63 mi134, Twyford Road, Eastleigh, Hampshire SO50 4HN2
£168.5K03/230.72 mi69, Alexander Square, Eastleigh, Hampshire SO50 4BW2
£185K03/230.75 mi160, Alexander Square, Eastleigh, Hampshire SO50 4BX2
£175K07/210.8 mi23, Selwyn Gardens, Boyatt Wood, Eastleigh, Hampshire SO50 4PX2
£190K02/210.85 miFlat 4, Bowman Lodge, Shakespeare Road, Eastleigh, Hampshire SO50 4QR2
£200K07/230.85 miFlat 4, Bowman Lodge, Shakespeare Road, Eastleigh, Hampshire SO50 4QR2
£175K05/210.86 miFlat 11, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£180K01/210.86 miFlat 18, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£190K05/230.86 miFlat 35, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£185K03/230.86 miFlat 19, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£199K11/210.95 mi13, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£235K09/220.95 mi18, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£207.5K04/210.95 mi7, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£207.5K04/210.95 mi7, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£205K07/230.95 mi19, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£180K01/230.95 mi4, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£172K03/210.96 mi10, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£356K01/210.96 mi3, Sarum Road, Chandler's Ford, Eastleigh, Hampshire SO53 2AP2
£232K10/220.96 mi3, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£165K01/210.97 mi5, Salisbury Court, Eastleigh, Hampshire SO50 9BP2
£167.5K06/230.97 mi5, Salisbury Court, Eastleigh, Hampshire SO50 9BP2

Local Rents

33 rents from £895/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.13 miPitmore Road, Eastleigh2
£1,25012/240.39 miLewes Close, Eastleigh, Hampshire, SO502
£1,30012/240.47 miWindsor Gate, EASTLEIGH2
£1,10009/240.53 miBirch Grove, Eastleigh2
£1,17502/240.61 mi-2
£1,17502/250.61 mi-2
£1,20010/240.7 mi-2
£1,15012/240.71 miCrestwood View, Eastleigh, SO502
£1,15009/240.71 mi-2
£1,15012/240.71 miBoyatt Wood2
£1,10004/250.76 mi-2
£1,15009/240.8 miSelwyn Gardens, EASTLEIGH2
£89511/240.83 mi-2
£1,12502/250.89 mi-2
£1,25009/240.93 mi-2
£1,00008/240.94 mi-2
£1,10001/250.95 mi-2
£97506/240.96 mi-2
£95010/240.97 mi-2
£1,19512/241.01 miChurch Road, Eastleigh2
£1,35012/241.01 mi-2
£1,55009/241.04 miClausentum Close, Peverells Wood, Chandlers Ford2
£1,15009/241.08 miChandlers Ford2
£1,10011/241.1 mi-2
£1,10009/241.15 miArchers Road, Eastleigh2
£1,15012/241.18 miArchers Road SILVER SUB, Eastleigh, SO502
£1,30002/251.2 mi-2
£1,25009/241.2 miTerraced House, Colden Common, Winchester2
£1,35012/241.21 miTees Farm Road, Colden Common, Winchester, Hampshire, SO212
£1,35012/241.21 mi-2
£1,40012/241.21 miValley Close, Colden Common, SO212
£1,25009/241.22 miColden Common2
£1,05009/241.23 mi|Ref: R152575|, Hamilton Road, Bishopstoke, Eastleigh, SO50 6AU2

Local Area Statistics

Population in SO50

46,318

Population in Eastleigh

78,741

Town centre distance

0.85 miles away

Nearest school

0.70 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £180,000

March 6, 2025

Description

  • Newly Refurbished +
  • Ground Floor Apartment +
  • Small Modern Block +
  • Two Car Parking Spaces +
  • Private Archway From Road +
  • Luxury Bathroom +
  • Applianced Kitchen +
  • Gfch, Double Glazing +
  • Unfurnished +
  • Available Now ! +

GROUND FLOOR APARTMENT. A modern 2 bedroom ground floor apartment, one of a small neat block of just four, with two car parking spaces. The block is entered through a private archway from the road to the parking spaces. Bright accommodation with a luxury bathroom, applianced kitchen, gas central heating and double glazing. Fast access into Eastleigh and to the M3.

Entrance Hallway - Smooth plastered ceiling, coving, two ceiling spot lights, a six panelled door opens to a useful storage cupboard housing the electric consumer unit and benefits from a light point. Ceramic glazed tiled floor, single panelled radiator.

Kitchen Area - 2.55 x 2.14 (8'4" x 7'0") - Of an open plan design.

The kitchen is fitted with a good range of light wood effect cupboard and drawer base units, heat resistant worksurface with a range of matching wall mounted cupboards over. Inset bowl and a half stainless steel sink unit with drainer and a mono bloc mixer tap over, four burner gas hob, electric fan assisted oven. Integrated fridge and separate freezer. Washing machine. Smooth plastered ceiling, coving, six ceiling spot lights, continuation of the ceramic glazed tiled floor.

Lounge Area - 3.67 x 2.80 (12'0" x 9'2") - Walk in double glazed bay window to the front aspect. Smooth plastered ceiling, ceiling light point, coving, two wall light points, double panelled radiator, provsision of power points, telephone point, Virgin and television point.

Bedroom 1 - 3.23 x 2.42 (10'7" x 7'11") - Smooth plastered ceiling, ceiling light point, coving, single panelled radiator, provision of power points, television point. Upvc double glazed patio doors gives access to the rear area of garden.

Bedroom 2 - 2.64 narrowing to 1.13 x 3.63 (8'7" narrowing to 3 - Smooth plastered ceiling, ceiling light point, coving, upvc double glazed window to the rear aspect. single panelled radiator, provision of power points, telephone and television point.

Bathroom - 2.43 x 1.56 (7'11" x 5'1") - Fitted with a three piece white suite comprising pedestal wash hand basin, low level wc, panelled bath with a glass and shower screen over with mono bloc mixer tap and shower attachement. Smooth plastered ceiling, three ceiling spot lights, coving, extractor fan, obscure upvc double glazed window to the side aspect, Single panelled radiator, ceramic glazed tiled floor and walls. Wall mounted mirror with lighting over.

Externally - An are of paved patio provides a very pleasant seating area and is enclosed by a low level wall with wrought iron railings over.

Tenure - Leasehold 125 years from 1 January 2001, 100 Years remaining.
Ground Rent £ 85.00 PA.
Service Charge £875.25 6 monthly paid in advance.

Council Tax Band B -

Agent Details

David Evans Estate Agents, Eastleigh

0238 001 1030

Next Steps?

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