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2 Bed Flat, Single Let, Harwich, CO12 3EF, £130,000

Kings Head Street, Harwich, Essex, CO12 3EF - 2 views - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£60K - £245K
Sold Prices/m²£789/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£147,189
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Rent Range

£600 - £1,595

Rent Estimate

£719

Running Costs/mo

£570

Cashflow/mo

£149

Cashflow/yr

£1,787

ROI

4%

Gross Yield

7%

Local Sold Prices

30 sold prices from £60K to £245K, average is £135K. £789/m² to £3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£130K06/210.01 mi7, Kings Head Street, Harwich, Essex CO12 3EF2
£125K04/210.06 mi50a, Church Street, Harwich, Essex CO12 3EA2
£165K02/230.08 miFlat 7, Quayside Court, The Quay, Harwich, Essex CO12 3HH2
£156K11/220.08 miFlat 3, Quayside Court, The Quay, Harwich, Essex CO12 3HH2
£120K06/210.28 mi1, Maria Street, Harwich, Essex CO12 3HT2
£123K04/230.56 miFlat 4, Park Court, Park Road, Harwich, Essex CO12 3DF2
£60K11/200.63 mi28a, Victoria Street, Harwich, Essex CO12 3AR2
£120K02/230.64 mi10, Crown Lane, Harwich, Essex CO12 3AW2
£160K06/210.68 mi6, Orwell Road, Harwich, Essex CO12 3LD2
£76K08/210.78 mi12a Central House, High Street, Dovercourt, Harwich, Essex CO12 3PT2
£119K07/210.85 miFlat 12, The Mews, Cliff Road, Dovercourt, Harwich, Essex CO12 3PE2
£125K12/200.85 miFlat 15, The Mews, Cliff Road, Dovercourt, Harwich, Essex CO12 3PE2
£148.5K10/220.86 miFlat 17, Shearwater House, Heron Way, Harwich, Essex CO12 3FH2
£135K09/220.86 miFlat 5, Tern House, Heron Way, Harwich, Essex CO12 3FL2
£157.5K11/200.9 miFlat 17, Old Custom House, Main Road, Harwich, Essex CO12 3FS2
£141K12/200.9 miFlat 11, Old Custom House, Main Road, Harwich, Essex CO12 3FS2
£245K11/200.95 miFlat 14, The Mariners, Marine Parade, Harwich, Essex CO12 3RL2
£245K11/200.95 miFlat 14, The Mariners, Marine Parade, Harwich, Essex CO12 3RL2
£115K03/231.03 mi15, Old School House, Shotley Gate, Ipswich, Suffolk IP9 1QP2
£127.5K04/211.14 mi15, Broadwater Gardens, Shotley Gate, Ipswich, Suffolk IP9 1QB2
£124.8K10/201.14 mi22, Broadwater Gardens, Shotley Gate, Ipswich, Suffolk IP9 1QB2
£145K03/221.14 mi27, Broadwater Gardens, Shotley Gate, Ipswich, Suffolk IP9 1QB2
£150K12/221.14 mi15, Broadwater Gardens, Shotley Gate, Ipswich, Suffolk IP9 1QB2
£198K10/201.19 mi4, Easterling Close, Harwich, Essex CO12 4BE2
£95K02/211.21 miFlat 7, Dale Court, Deepdale Road, Harwich, Essex CO12 4HN2
£193K12/211.25 miFlat 16, Phoenix Pavilions, Lower Marine Parade, Dovercourt, Harwich, Essex CO12 3SS2
£210K02/231.25 miFlat 25, Phoenix Pavilions, Lower Marine Parade, Dovercourt, Harwich, Essex CO12 3SS2
£125K01/211.43 mi6, Elizabeth Road, Harwich, Essex CO12 4ED2
£135K12/221.46 mi47, Grange Road, Harwich, Essex CO12 4JJ2
£150K07/221.49 mi11, Grange Road, Harwich, Essex CO12 4JJ2

Local Rents

31 rents from £600/mo to £1.6K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85012/240.08 miHarwich, Essex2
£82505/240.08 mi-2
£82505/240.08 mi-2
£75002/240.19 mi-2
£77512/240.22 miStation Road, Harwich, Essex, CO122
£85012/240.38 miStour Road, HARWICH2
£75012/240.41 miAlexandra Street, Harwich2
£79512/240.47 mi-2
£79512/240.65 mi-2
£85012/240.68 miOrwell Road, HARWICH2
£1,00012/240.7 miNelson Road, Harwich2
£1,00012/240.7 miNelson Road, Harwich2
£70012/240.74 miHill Road, Harwich2
£82512/240.75 mi-2
£79902/250.75 mi-2
£84512/240.77 mi-2
£75012/240.77 mi-2
£82512/240.78 miHordle Place, Harwich2
£95012/240.78 miHordle Street2
£85012/240.78 miHordle Street, HARWICH2
£75012/240.79 miHigh Street, HARWICH2
£77512/240.83 miCliff Road, Harwich, Essex, CO122
£90011/240.87 mi-2
£1,25012/240.89 miOld Custom House, Main Road, Harwich, Essex, CO122
£1,59502/251 mi-2
£1,55012/241 mi-2
£85005/241.03 miOld School House, Shotley Gate, IPSWICH2
£1,30005/241.09 miAnson Drive, Shotley Gate2
£60002/241.1 mi-2
£79505/241.17 miBaker Road, Shotley Gate, Ipswich, Suffolk, UK, IP92
£85005/241.24 miBaker Road, Shotley Gate2

Links

Local Area Statistics

Population in CO12

22,251

Town centre distance

1.83 miles away

Nearest school

0.50 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £130,000

March 15, 2025

Floor Plans

Description

  • VIRTUAL TOUR AVAILABLE +
  • LEASEHOLD +
  • NO ONWARD CHAIN +
  • Two Bedrooms +
  • Kitchen +
  • Lounge/Diner +
  • Communal Garden +

LEASEHOLD PROPERTY - Situated in the heart of Old Harwich is this spacious THIRD FLOOR TWO BEDROOM FLAT. The property benefits from a lounge/diner, kitchen, bathroom and is offered with NO ONWARD CHAIN.

Agent Details

Harwich Village Homes, Harwich

01255 442116

Next Steps?

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

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