This property was removed from Dealsourcr.
3 Bed Detached House, Refurb/BRRR, Leominster, HR6 0AZ, £525,000
Leys Lane, Bircher, Leominster, Herefordshire, HR6 0AZ - 5 views - a year ago
Refurb/BRRR
~247 m²





+11 photos
ValuationFair Value
Sold Prices | £198K - £465K |
Sold Prices/m² | £1.8K/m² - £4.4K/m² |
| |
Square Metres | ~246.75 m² |
Price/m² | £2.1K/m² |
Value Estimate | £535,500 |
| |
End Value (After Refurb) | £858,392 |
Uplift in Value | +64% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £131,250 |
Stamp Duty & Legal Fees | £30,700 |
Refurb Costs | £99,651 |
Bridging Loan Interest | £13,781 |
Total Cash In | £277,132 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £858,392 |
Agent Fees (1%) | £8,584 |
Bridging Loan | £393,750 |
Bridging Loan Interest | £13,781 |
Flip Profit | £178,926 |
Local Sold Prices
23 sold prices from £198K to £465K, average is £305K. £1.8K/m² to £4.4K/m², average is £3.3K/m².
Local Rents
6 rents from £595/mo to £2.8K/mo, average is £873/mo.
Local Area Statistics
Population in HR6 | 20,507 |
Population in Leominster | 20,525 |
Town centre distance | 4.93 miles away |
Nearest school | 1.70 miles away |
Nearest train station | 5.22 miles away |
| |
Rental growth (12m) | +13% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +36% |
Property History
Listed for £525,000
May 8, 2024
Floor Plans

