3 Bed Semi-Detached House, Refurb/BRRR, Tonbridge, TN10 4AU, £325,000

Rembrandt Close, Tonbridge, TN10 4AU - 5 views - a year ago

Sold STC
Refurb/BRRR
ROI: 1%
~73 m²
+11 photos

ValuationFair Value

Sold Prices£318K - £670K
Sold Prices/m²£3.6K/m² - £8.5K/m²

 

 

Square Metres

~73.16 m²
Price/m²£4.4K/m²

Value Estimate

£331,500

 

 

End Value (After Refurb)

£334,405

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£35,864

Bridging Loan Interest

£8,531

Total Cash In

£142,096

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£334,405

Mortgage (After Refinance)

£250,804

Mortgage LTV

75%

Cash Released

£7,054

Cash Left In

£135,042

Equity

£83,601

Rent Range

£595 - £4,250

Rent Estimate

£1,503

Running Costs/mo

£1,366

Cashflow/mo

£137

Cashflow/yr

£1,649

ROI

1%

Gross Yield

6%

Local Sold Prices

51 sold prices from £318K to £670K, average is £435K. £3.6K/m² to £8.5K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£330K03/210 mi23, Rembrandt Close, Tonbridge, Kent TN10 4AU3
£375K08/210.04 mi19, Raeburn Close, Tonbridge, Kent TN10 4AX3
£323K11/210.05 mi22, Reynolds Close, Tonbridge, Kent TN10 4AT3
£425K01/230.08 mi163, Hunt Road, Tonbridge, Kent TN10 4BJ3
£390K10/220.1 mi8, Fleming Way, Tonbridge, Kent TN10 4RU3
£410K05/210.11 mi29, Whistler Road, Tonbridge, Kent TN10 4RE3
£400K06/210.12 mi12, Priestley Drive, Tonbridge, Kent TN10 4RS3
£425K10/220.12 mi51, Knight Road, Tonbridge, Kent TN10 4AL3
£387.5K07/240.12 mi19, Knight Road, Tonbridge, Kent TN10 4AL3
£391K12/200.13 mi34, Fleming Way, Tonbridge, Kent TN10 4RU3
£485K04/210.13 mi18, Fleming Way, Tonbridge, Kent TN10 4RU3
£343K08/230.14 mi4, Knight Road, Tonbridge, Kent TN10 4AN3
£430K10/200.15 mi53, Whistler Road, Tonbridge, Kent TN10 4RD3
£356K04/210.15 mi104, Darwin Drive, Tonbridge, Kent TN10 4SD3
£400K08/230.15 mi56, Darwin Drive, Tonbridge, Kent TN10 4SD3
£410K03/210.17 mi25, Newton Avenue, Tonbridge, Kent TN10 4RR3
£425K02/210.18 mi39, Stainer Road, Tonbridge, Kent TN10 4DX3
£550K03/230.21 mi48, Stainer Road, Tonbridge, Kent TN10 4DX3
£318K05/210.23 mi102, Hunt Road, Tonbridge, Kent TN10 4BQ3
£330K08/210.23 mi100, Hunt Road, Tonbridge, Kent TN10 4BQ3
£475K04/230.23 mi57, Whistler Road, Tonbridge, Kent TN10 4RF3
£335K12/200.24 mi17, Grainger Walk, Tonbridge, Kent TN10 4DJ3
£610K06/210.27 mi5, Streamside, Tonbridge, Kent TN10 3PU3
£510K07/240.28 mi13, Handel Walk, Tonbridge, Kent TN10 4DG3
£475K05/210.28 mi2, Cavendish Close, Tonbridge, Kent TN10 4RJ3
£585K08/200.28 mi6, Streamside, Tonbridge, Kent TN10 3PU3
£422K10/200.28 mi87, Whistler Road, Tonbridge, Kent TN10 4RG3
£393K12/200.29 mi1, Wilson Road, Tonbridge, Kent TN10 4EH3
£385K10/200.3 mi81, Hunt Road, Tonbridge, Kent TN10 4BG3
£350K05/240.3 mi57, Hunt Road, Tonbridge, Kent TN10 4BG3
£528.5K01/210.3 mi12, Denbeigh Drive, Tonbridge, Kent TN10 3PW3
£567.5K01/240.3 mi24, Denbeigh Drive, Tonbridge, Kent TN10 3PW3
£588K08/210.31 mi84, Hopgarden Road, Tonbridge, Kent TN10 4QU3
£640K04/240.33 mi11, Sullivan Road, Tonbridge, Kent TN10 4DB3
£640K04/240.33 mi11, Sullivan Road, Tonbridge, Kent TN10 4DB3
£460K08/230.33 mi30, Sullivan Road, Tonbridge, Kent TN10 4DD3
£550K03/230.35 mi2, Sullivan Road, Tonbridge, Kent TN10 4DB3
£390K02/210.35 mi113, Higham Lane, Tonbridge, Kent TN10 4BX3
£370K08/210.35 mi2, Constable Road, Tonbridge, Kent TN10 4EL3
£525K09/210.35 mi36, Denbeigh Drive, Tonbridge, Kent TN10 3PP3
£535K06/240.35 mi45c, Denbeigh Drive, Tonbridge, Kent TN10 3PP3
£435K06/210.36 mi6, Bliss Way, Tonbridge, Kent TN10 4DA3
£455K06/230.37 mi2, Purcell Avenue, Tonbridge, Kent TN10 4DP3
£515K11/230.37 mi14, Purcell Avenue, Tonbridge, Kent TN10 4DP3
£620K10/220.37 mi6, Cornfield Way, Tonbridge, Kent TN10 3PT3
£599K10/220.38 mi5, Cornfield Way, Tonbridge, Kent TN10 3PT3
£490K05/230.38 mi10, Wheatsheaf Way, Tonbridge, Kent TN10 3PJ3
£557.5K09/230.38 mi4, Wheatsheaf Way, Tonbridge, Kent TN10 3PJ3
£670K10/220.39 mi15, Wheatsheaf Way, Tonbridge, Kent TN10 3PL3
£570K11/200.39 mi101, Higham Lane, Tonbridge, Kent TN10 4BU3
£505K01/230.42 mi42, Hopgarden Road, Tonbridge, Kent TN10 4QT3

Local Rents

52 rents from £595/mo to £4.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,34012/240.02 mi-3
£1,34011/240.02 mi-3
£2,34009/240.26 mi-5
£1,85009/240.34 mi-3
£1,85011/240.34 mi-3
£1,55009/240.38 miWheatsheaf Way, Tonbridge, Kent, TN102
£2,20009/240.43 miRowan Shaw, Tonbridge, Kent, TN104
£1,60009/240.51 miOrchard drive, Tonbridge2
£2,25009/240.66 miCedar Crescent, Tonbridge4
£1,35012/240.69 mi-2
£1,55009/240.93 mi-2
£1,65001/250.96 mi-2
£1,60009/240.97 miShipbourne Road, Tonbridge2
£1,90009/240.98 mi-3
£63009/240.99 miFrome Court, Longmead Way, Tonbridge, TN10 3TS2
£59509/240.99 miFrome Court, Longmead Way, Tonbridge, TN10 3TS2
£1,73211/240.99 mi-3
£3,00009/241.01 mi-5
£1,60012/241.03 mi-3
£1,80009/241.03 miShipbourne Road3
£1,41009/241.22 mi-2
£1,41009/241.22 mi-2
£1,40011/241.22 mi-2
£1,40011/241.22 mi-2
£1,44501/251.22 mi-2
£1,40009/241.3 miHadlow Road, Tonbridge2
£4,25009/241.35 miHadlow Road, Tonbridge5
£2,85009/241.38 miKeswick Close, Tonbridge4
£1,10009/241.38 miMill Lane, Tonbridge1
£1,40008/241.42 mi-2
£1,25006/231.44 mi-2
£87509/241.47 miLondon Road, Tonbridge TN10 3AJ1
£1,40008/241.47 mi-2
£92006/231.48 mi-1
£92009/241.48 mi-1
£1,10009/241.5 miHigh Street , Tonbridge, TN9 1BX1
£1,45009/241.52 mi-2
£1,40009/241.52 miFosse Road, Tonbridge2
£1,45009/241.53 mi-2
£1,20010/241.53 mi-1
£1,30008/241.53 mi-2
£99009/241.54 mi-1
£99009/241.54 mi-1
£99009/241.54 mi-1
£99010/241.54 mi-1
£1,02011/241.54 mi-1
£1,03009/241.54 miChurch Lane, Tonbridge, TN91
£1,03010/241.54 mi-1
£1,70011/241.55 mi-3
£1,40009/241.55 miRedbud Road, Tonbridge2
£1,35001/251.55 mi-2
£1,90008/241.55 mi-3

Local Area Statistics

Population in TN10

16,623

Population in Tonbridge

77,562

Town centre distance

1.40 miles away

Nearest school

0.20 miles away

Nearest train station

2.05 miles away

 

 

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £325,000

March 2, 2024

Floor Plans

Description

  • PLEASE QUOTE REFERENCE JW0477 ON ALL ENQUIRIES +
  • DEVELOPMENT PROJECT +
  • CORNER PLOT +
  • MODERN KITCHEN +

GUIDE PRICE £325,000 - £350,000 An excellent development opportunity to purchase this three-bedroom semi-detached home in need of modernisation. The property is situated on a desirable corner plot and has a large garden with off-street parking. This property would make an excellent first-time purchase or buy-to-let investment and has been priced competitively for a quick sale. The downstairs accommodation comprises; an entrance hallway, a modern kitchen, and a sizeable living/dining room. From the entrance hallway stairs rise to the first floor where you will find a master bedroom, second double bedroom, bathroom and a further bedroom. Externally the property has a good-sized garden and off-street parking. Viewing recommended! PLEASE QUOTE REFERENCE JW0477 ON ALL ENQUIRIES

Agent Details

eXp UK, South East

03304 609968

Next Steps?

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