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2 Bed Flat For Sale Coronation Road, Waterlooville, PO7

£175,000- Flat

Yield: 6.45%
1 of 8
Yield: 6.45%
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  • Rental Guide: £750 - £940
  • 2 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Tenure: Leasehold
  • Impressive Size 2nd Floor Flat
  • Ideal First Time Buy Or Investment Opportunity
  • 2 Allocated Parking Spaces
  • Central Waterlooville Location Close To Shops And Great Access To The A3
  • Offered With No Forward Chain
  • Epc Energy Rating C (76)
Last Updated: 20th March 2020

Description

This superb size 2nd floor FLAT in Waterlooville, complete with 2 allocated PARKING spaces, is a great step on the property ladder for the lucky new owner.

 
Please refer to the footnote regarding the services and appliances.

Room sizes:
  • Entrance Hall
  • Lounge: 13'4 x 12'6 (4.07m x 3.81m)
  • Kitchen: 7'6 x 7'1 (2.29m x 2.16m)
  • Bedroom 1: 13'8 x 12'4 (4.17m x 3.76m)
  • Bedroom 2: 12'0 x 9'1 (3.66m x 2.77m)
  • Bathroom
  • Allocated Parking

 
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details
Cubitt & West
230, London Road, Waterlooville, PO7 7HB
Show Contact Number
023 9226 7244

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
6.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£5250
9.6

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
6

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in proximity are mostly listed £695 - £940 – 4 recently listed properties were found in that band. However, the highest were £1,125, £1,125, £1,125.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested