3 Bed Bungalow, Refurb/BRRR, Carnforth, LA6 2DT, £350,000
15 Fairgath Drive, Kirkby Lonsdale - a year ago
Refurb/BRRR
~125 m²





+25 photos
ValuationFair Value
Sold Prices | £238K - £520K |
Sold Prices/m² | £2.5K/m² - £4.6K/m² |
| |
Square Metres | ~125.05 m² |
Price/m² | £2.8K/m² |
Value Estimate | £353,500 |
| |
End Value (After Refurb) | £452,422 |
Uplift in Value | +29% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £87,500 |
Stamp Duty & Legal Fees | £23,700 |
Refurb Costs | £50,510 |
Bridging Loan Interest | £9,188 |
Total Cash In | £172,648 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £452,422 |
Agent Fees (1%) | £4,524 |
Bridging Loan | £262,500 |
Bridging Loan Interest | £9,188 |
Flip Profit | £12,750 |
Local Sold Prices
21 sold prices from £238K to £520K, average is £352.5K. £2.5K/m² to £4.6K/m², average is £3.2K/m².
Local Rents
7 rents from £825/mo to £1.8K/mo, average is £1K/mo.
Local Area Statistics
Population in LA6 | 12,877 |
Population in Carnforth | 29,230 |
Town centre distance | 8.50 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 5.54 miles away |
| |
Rental growth (12m) | -38% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +15% |
Property History
Price changed to £350,000
January 15, 2025
Listed for £375,000
February 22, 2024
Floor Plans

Description
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