3 Bed Terraced House, Refurb/BRRR, Warminster, BA12 0PN, £249,950

Cherry Orchard, Codford, Codford, BA12 0PN - a year ago

Refurb/BRRR
ROI: 4%
~85 m²
+11 photos

ValuationOvervalued

Sold Prices£200K - £467K
Sold Prices/m²£2.4K/m² - £4.3K/m²

 

 

Square Metres

~85 m²
Price/m²£2.9K/m²

Value Estimate

£224,127

 

 

End Value (After Refurb)

£271,528

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,488

Stamp Duty & Legal Fees

£16,197

Refurb Costs

£34,660

Bridging Loan Interest

£6,561

Total Cash In

£121,655

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£271,528

Mortgage (After Refinance)

£203,646

Mortgage LTV

75%

Cash Released

£16,183

Cash Left In

£105,472

Equity

£67,882

Rent Range

£1,000 - £2,250

Rent Estimate

£1,625

Running Costs/mo

£1,194

Cashflow/mo

£431

Cashflow/yr

£5,178

ROI

4%

Gross Yield

8%

Local Sold Prices

6 sold prices from £200K to £467K, average is £313K. £2.4K/m² to £4.3K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£200K05/210.07 mi42, Cherry Orchard, Codford, Warminster, Wiltshire BA12 0PW3
£467K02/230.2 miGreat Crabtree, 45, Chitterne Road, Codford, Warminster, Wiltshire BA12 0PG3
£340K07/231.14 mi3, Plough Cottages, Stockton, Warminster, Wiltshire BA12 0SF3
£445K10/232.72 miThe Stables, Deptford, Wylye, Warminster, Wiltshire BA12 0QL3
£280K09/212.92 mi102, Park Street, Heytesbury, Warminster, Wiltshire BA12 0HQ3
£285.9K02/212.93 mi3, Dinton Road, Wylye, Warminster, Wiltshire BA12 0RE3

Local Rents

6 rents from £1K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,95012/240.25 miQuinton Place, Codford, Warminster5
£1,25012/240.4 miHigh Street, Codford, Warminster2
£2,25012/240.62 miSherrington, BA12 0SN4
£1,95012/240.99 miCodford, Warminster4
£1,35012/241.55 miMeadow Barn Upton Lovell1
£1,00012/242.02 miCorton, Warminster2

Local Area Statistics

Population in BA12

28,537

Town centre distance

6.81 miles away

Nearest school

0.10 miles away

Nearest train station

6.61 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £249,950

March 8, 2025

Price changed to £259,950

December 4, 2024

Listed for £269,950

May 16, 2024

Floor Plans

Description

  • Terrace House +
  • Kitchen/ diner +
  • Sitting Room +
  • Downstairs cloakroom +
  • Three Bedrooms +
  • Shower Room +
  • Gardens to front & rear +
  • Driveway parking +
  • Workshop +
  • Village Location +

Cooper and Tanner are please to present this three-bedroom terrace house in the sought-after and popular village of Codford. In need of modernisation, the property offers NO ONWARD CHAIN and benefits from off street parking, large accommodation throughout and a workshop in the rear garden. The Village offers a shop, post office, doctors surgery, vets and transports links to both Warminster & Salisbury. Viewings highly advised.

Agent Details

Cooper & Tanner, Warminster

01985 802980

Next Steps?

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