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2 Bed Flat, Single Let, CR3 0BU, £200,000





ValuationUndervalued
Sold Prices | £157.5K - £642.5K |
Sold Prices/m² | £1.9K/m² - £6.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £248,000 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £11,200 |
Total Cash In | £61,200 |
| |
Cash Out | |
Rent Range | £1,280 - £2,175 |
Rent Estimate | £1,319 |
Running Costs/mo | £909 |
Cashflow/mo | £410 |
Cashflow/yr | £4,922 |
ROI | 8% |
Gross Yield | 8% |
Local Sold Prices
36 sold prices from £157.5K to £642.5K, average is £281K. £1.9K/m² to £6.4K/m², average is £4.5K/m².
Local Rents
36 rents from £1.3K/mo to £2.2K/mo, average is £1.6K/mo.
Local Area Statistics
Population in CR3 | 28,748 |
Nearest school | 0.30 miles away |
Nearest train station | 0.17 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +36% |
Sales demand | Balanced market |
Capital growth (5yrs) | +17% |
Property History
Price changed to £200,000
January 27, 2025
Price changed to £220,000
January 11, 2025
Price changed to £250,000
November 8, 2024
Listed for £270,000
October 1, 2024
Floor Plans

Description
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