3 Bed Semi-Detached House, Single Let, Billingham, TS23 2QY, £89,950
2 Lomond Avenue, Billingham, Stockton-on-tees, TS23 2QY - 3 months ago
Sold STC
BTL
ROI: 8%
84 m²
+6 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £22,488 |
Stamp Duty & Legal Fees | £3,899 |
Total Cash In | £26,386 |
| |
Cash Out | |
Rent Range | £595 - £2,000 |
Rent Estimate | £600 |
Running Costs/mo | £421 |
Cashflow/mo | £179 |
Cashflow/yr | £2,148 |
ROI | 8% |
Gross Yield | 8% |
Local Rents
23 rents from £595/mo to £2K/mo, average is £725/mo.
Local Area Statistics
Population in TS23 | 30,241 |
Population in Billingham | 38,903 |
Town centre distance | 1.27 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.28 miles away |
| |
Rental growth (12m) | -8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +15% |
Property History
Listed for £89,950
November 28, 2024
Sold for £75,000
2014
Description
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