2 Bed Flat, Refurb/BRRR, Weymouth, DT4 8UA, £160,000





ValuationOvervalued
Sold Prices | £100K - £440K |
Sold Prices/m² | £1.7K/m² - £4.8K/m² |
| |
Square Metres | ~52.90 m² |
Price/m² | £3K/m² |
Value Estimate | £144,500 |
| |
End Value (After Refurb) | £180,529 |
Uplift in Value | +13% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £40,000 |
Stamp Duty & Legal Fees | £6,000 |
Refurb Costs | £21,445 |
Bridging Loan Interest | £4,200 |
Total Cash In | £73,395 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £180,529 |
Mortgage (After Refinance) | £135,397 |
Mortgage LTV | 75% |
Cash Released | £15,397 |
Cash Left In | £57,998 |
Equity | £45,132 |
Rent Range | £725 - £6,067 |
Rent Estimate | £1,190 |
Running Costs/mo | £822 |
Cashflow/mo | £368 |
Cashflow/yr | £4,414 |
ROI | 6% |
Gross Yield | 9% |
Local Sold Prices
35 sold prices from £100K to £440K, average is £172.5K. £1.7K/m² to £4.8K/m², average is £2.9K/m².
Local Rents
36 rents from £725/mo to £6.1K/mo, average is £950/mo.
Local Area Statistics
Population in DT4 | 36,845 |
Population in Weymouth | 60,286 |
Town centre distance | 1.33 miles away |
Nearest school | 0.80 miles away |
Nearest train station | 0.71 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +29% |
Sales demand | Balanced market |
Capital growth (5yrs) | +27% |
Property History
Price changed to £160,000
December 13, 2024
Price changed to £175,000
November 8, 2024
Listed for £180,000
May 15, 2024
Floor Plans

Description
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