2 Bed Terraced House, Refurb/BRRR, Norwich, NR10 5AH, £225,000
Aylsham Road, Swanton Abbott, Norwich, Norfolk, NR10 5AH - 2 years ago
Sold STC
Refurb/BRRR
ROI: 1%
~95 m²





+11 photos
ValuationUndervalued
Sold Prices | £158K - £350K |
Sold Prices/m² | £2.1K/m² - £3.2K/m² |
| |
Square Metres | ~94.90 m² |
Price/m² | £2.4K/m² |
Value Estimate | £231,750 |
BMV | 3% |
| |
End Value (After Refurb) | £233,432 |
Uplift in Value | +4% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £56,250 |
Stamp Duty & Legal Fees | £12,450 |
Refurb Costs | £42,613 |
Bridging Loan Interest | £5,906 |
Total Cash In | £118,969 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £233,432 |
Mortgage (After Refinance) | £175,074 |
Mortgage LTV | 75% |
Cash Released | £6,324 |
Cash Left In | £112,645 |
Equity | £58,358 |
Rent Range | £725 - £1,595 |
Rent Estimate | £1,071 |
Running Costs/mo | £964 |
Cashflow/mo | £107 |
Cashflow/yr | £1,288 |
ROI | 1% |
Gross Yield | 6% |
Local Sold Prices
22 sold prices from £158K to £350K, average is £196.5K. £2.1K/m² to £3.2K/m², average is £2.7K/m².
Local Rents
9 rents from £725/mo to £1.6K/mo, average is £995/mo.
Local Area Statistics
Population in NR10 | 22,761 |
Population in Norwich | 366,887 |
Town centre distance | 9.95 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 1.94 miles away |
| |
Rental growth (12m) | +9% |
Sales demand | Balanced market |
Capital growth (5yrs) | +23% |
Property History
Price changed to £225,000
December 4, 2024
Listed for £275,000
June 6, 2023
Floor Plans
