2 Bed Detached House, Cash/Bridging Only, Helston, TR13 9DN, £175,000





ValuationUndervalued
Sold Prices | £220K - £490K |
Sold Prices/m² | £2.8K/m² - £8.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.6K/m² |
Value Estimate | £195,649 |
BMV | 3% |
| |
End Value (After Refurb) | £254,702 |
Uplift in Value | +34% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £43,750 |
Stamp Duty & Legal Fees | £6,899 |
Refurb Costs | £29,873 |
Bridging Loan Interest | £4,594 |
Total Cash In | £86,865 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £254,702 |
Agent Fees (1%) | £2,547 |
Bridging Loan | £131,250 |
Bridging Loan Interest | £4,594 |
Flip Profit | £34,039 |
Local Sold Prices
20 sold prices from £220K to £490K, average is £323K. £2.8K/m² to £8.5K/m², average is £4.8K/m².
Local Rents
16 rents from £650/mo to £1.6K/mo, average is £963/mo.
Local Area Statistics
Population in TR13 | 19,807 |
Population in Helston | 29,289 |
Town centre distance | 2.16 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 8.28 miles away |
| |
Rental growth (12m) | -37% |
Sales demand | Balanced market |
Capital growth (5yrs) | +30% |
Property History
Price changed to £175,000
December 4, 2024
Listed for £189,950
January 20, 2024
Description
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