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3 Bed Bungalow, Refurb/BRRR, Canterbury, CT4 6XN, £775,000





ValuationOvervalued
Sold Prices | £260K - £787.5K |
Sold Prices/m² | £3K/m² - £8.4K/m² |
| |
Square Metres | ~167 m² |
Price/m² | £4.6K/m² |
Value Estimate | £728,578 |
| |
End Value (After Refurb) | £749,348 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £193,750 |
Stamp Duty & Legal Fees | £50,700 |
Refurb Costs | £79,748 |
Bridging Loan Interest | £20,344 |
Total Cash In | £346,292 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £749,348 |
Mortgage (After Refinance) | £562,011 |
Mortgage LTV | 75% |
Cash Left In | £346,292 |
Equity | £187,337 |
Rent Range | £950 - £2,900 |
Rent Estimate | £1,846 |
Running Costs/mo | £2,731 |
Cashflow/mo | £-885 |
Cashflow/yr | £-10,619 |
Gross Yield | 3% |
Local Sold Prices
29 sold prices from £260K to £787.5K, average is £425K. £3K/m² to £8.4K/m², average is £4.4K/m².
Local Rents
11 rents from £950/mo to £2.9K/mo, average is £1.6K/mo.
Local Area Statistics
Population in CT4 | 16,587 |
Population in Canterbury | 65,078 |
Town centre distance | 9.73 miles away |
Nearest school | 1.30 miles away |
Nearest train station | 3.92 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +49% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +25% |
Property History
Listed for £775,000
June 4, 2024
Sold for £140,000
1997
Sold for £125,000
1995
Floor Plans

Description
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