Flat 5, Grand Hotel
Flat 5, Grand Hotel
Description & Estimates
According to the public record, Flat 5, Grand Hotel, Borth is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, Grand Hotel, Borth is £105,334 and the estimated rental value is £617 per month.
The apartment is within Grand Hotel, Llandre, Borth, SY24.
Llandre, Borth, SY24 is located within the SY24 postal district.
Our Data Sources
Flat 5, Grand Hotel, Borth has 2 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 5, Grand Hotel, Borth is in very good condition we estimate a sale value of £110,600 and a rental value of £648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,960 and a rental value of £574 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Grand Hotel, Borth has increased by £996 (0.9%), while its estimated rental value has grown by £23 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
Flat 5, Grand Hotel, Borth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 5, Grand Hotel, Borth was last sold on 16th October 2020 for £123,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has risen by 2.8%.
- Sold Oct 2020£123,000
- Sold Dec 2016£65,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Grand Hotel, Borth within a radius of 5.3 kilometres over the last 2 years.
The most recent example is Unit 1, Tynparc, Bow Street, SY24 5BU, a leasehold flat which sold for £250,000 on the 16th April 2021.
Read more about house prices in SY24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Llandre, Borth, SY24 has a total of 277 addresses. According to our analysis of all the public data, Flat 5, Grand Hotel, Borth is the 219th largest and the 245th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in SY24.
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Schools Nearby
Public Transport Nearby
The closest station to Flat 5, Grand Hotel, Borth is Borth station, which is 100 metres away.
- 100mBorth
- 5.8kmBow Street
- 6.0kmAberdovey
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
