2 Bed Flat, Single Let, Bideford, EX39 3FE, £135,000

54 UNION CLOSE, BIDEFORD, EX39 3FE - 2 views - 18 days ago

Leasehold
BTL
ROI: 2%
62 m²
+3 photos

ValuationUndervalued

Sold Prices£88K - £292.6K
Sold Prices/m²£1.3K/m² - £3.9K/m²

 

 

Square Metres

62 m²
Price/m²£2.2K/m²

Value Estimate

£152,652
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£580 - £2,500

Rent Estimate

£627

Running Costs/mo

£567

Cashflow/mo

£60

Cashflow/yr

£717

ROI

2%

Gross Yield

6%

Local Sold Prices

36 sold prices from £88K to £292.6K, average is £158.8K. £1.3K/m² to £3.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£100K12/200.18 miUpover, Torridge Hill, Bideford, Devon EX39 2AZ2
£131K12/200.19 mi31, Marlen Court, Bideford, Devon EX39 5XT2
£292.6K03/210.24 miFlat 14, Wooder Wharf, New Road, Bideford, Devon EX39 5AA2
£130K07/210.5 mi12, Buckland Close, Bideford, Devon EX39 5AG2
£165K11/220.52 miApartment 15, York Place, Northam Road, Bideford, Devon EX39 3LA2
£167.5K06/210.57 mi3 Meadowville Court, Meadowville Road, Bideford, Devon EX39 3JT2
£162.5K06/210.6 mi4 Meadowville Court, Meadowville Road, Bideford, Devon EX39 3JT2
£165K08/210.6 mi1 Meadowville Court, Meadowville Road, Bideford, Devon EX39 3JT2
£150K05/210.64 mi205, Churchill Road, Bideford, Devon EX39 4HH2
£227.8K04/210.78 mi17, Lane Field Road, Bideford, Devon EX39 3QY2
£190K03/230.83 mi12, Fillablack Road, Bideford, Devon EX39 4AD2
£155K05/230.99 mi7, Watkins Way, Bideford, Devon EX39 4FN2
£165K11/220.99 mi111, Watkins Way, Bideford, Devon EX39 4FN2
£135K03/210.99 mi141, Watkins Way, Bideford, Devon EX39 4FN2
£125K04/210.99 mi21, Watkins Way, Bideford, Devon EX39 4FN2
£215K11/200.99 mi124, Watkins Way, Bideford, Devon EX39 4FP2
£153K05/211.22 miFlat 2, Grosvenor House, Goodwood Park Road, Northam, Bideford, Devon EX39 2RR2
£118.4K10/201.5 miFlat 14, Carnegie North, Clevelands Park, Northam, Bideford, Devon EX39 3QH2
£141.8K06/211.5 miFlat 4, Carnegie South, Clevelands Park, Northam, Bideford, Devon EX39 3QH2
£173K11/211.8 mi20, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2
£169K05/211.8 mi7, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2
£172K01/211.8 mi18, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2
£142K01/211.8 mi10, Dolphin Court, Northam, Bideford, Devon EX39 1BQ2
£222.5K03/231.88 miFlat 5, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF2
£175K03/231.88 miFlat 10, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF2
£147K12/201.88 miFlat 3, Puffin Court, Bay View Road, Northam, Bideford, Devon EX39 1AF2
£198.5K12/221.93 miFlat 18, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£184K06/231.94 miFlat 21, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£117.5K04/231.94 miFlat 10, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£135K10/201.94 miFlat 1, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£123K01/211.94 miFlat 15, Kipling Court, Kipling Terrace, Westward Ho, Bideford, Devon EX39 1HY2
£137.5K10/221.96 mi62, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX2
£102.5K06/211.97 mi49, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX2
£88K03/211.97 mi37, Kala Fair, Westward Ho, Bideford, Devon EX39 1TX2
£246K03/211.98 mi22, Stanwell Drive, Westward Ho, Bideford, Devon EX39 1HE2
£270K12/201.98 mi18, Stanwell Drive, Westward Ho, Bideford, Devon EX39 1HE2

Local Rents

23 rents from £580/mo to £2.5K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£64003/240.07 miMeddon Street, Bideford, Devon2
£69504/240.17 miPannier Mews, Bideford, Devon2
£75004/240.17 miGeneva Place, Bideford2
£72505/240.18 miSilver Street, Bideford, EX392
£75004/240.19 miMarlen Court, Bideford, Devon2
£72503/240.23 mi2 bedroom Coach House, Rowe Close, Bideford2
£2,50012/240.24 mi-2
£2,50002/250.24 mi-2
£69512/230.25 mi-2
£70010/230.25 mi-2
£72510/230.25 mi-2
£85002/250.26 mi-2
£87503/250.27 mi-2
£75002/250.28 mi-2
£75001/250.28 mi-2
£85005/240.29 mi-2
£85005/240.29 mi-2
£80004/240.29 miBrigade House, Bideford, EX392
£85004/240.29 miBrigade House, Bideford, EX392
£64004/240.33 miColdharbour, Bideford, Devon2
£62504/240.35 miColdharbour, Bideford2
£58004/240.38 miManchester House, Bideford, Devon2
£89504/240.47 miClifton Street, Bideford2

Local Area Statistics

Population in EX39

37,175

Town centre distance

0.17 miles away

Nearest school

0.10 miles away

Nearest train station

7.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £135,000

March 24, 2025

Floor Plans

Description

  • Modern Ground Floor Apartment +
  • 2 Bedrooms +
  • Spacious Lounge/Diner +
  • Well Appointed Kitchen +
  • Large Bathroom +
  • Gas Fired Central Heating +
  • uPVC Double Glazing +
  • Residents Permit Parking +

No. 54 is a modern 2 bedroom apartment conveniently located on the ground floor and benefitting from gas fired central heating and uPVC double glazing throughout, together with residents permit parking.

The well presented accommodation comprises a spacious 16`3 Lounge/Diner with French doors and Juliet` balcony. An opening leads from the lounge to the well appointed gally style kitchen comprising an electric double oven & 4 ring gas hob with extractor over, space for a free standing fridge / freezer and plumbing for washing facilities.

The bedrooms are both of a comfortable size with space for double beds whilst the generous sized bathroom of a white suite of bath with electric Mira shower over, W/C and wash basin.

Union Close will be found just off Clovelly Road conveniently located within walking distance of Bideford Town Centre and other local amenities.

Leasehold: 199 year lease granted from 2008 with a service charge of £1500.00 per annum and annual ground rent of £120 per annum. These contribute towards the upkeep of the communal areas, maintenance of the building and buildings insurance.

Services: All mains services are connected

Energy Performance Certificate: B (81)

Council Tax: BAND B (£1,963.91 per annum)

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Regency Estate Agents, Bideford

01237 422433

Next Steps?

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