4 Bed Bungalow, Refurb/BRRR, Warminster, BA12 9NN, £425,000

Plants Green, Warminster, BA12 9NN - 2 views - a year ago

Refurb/BRRR
~119 m²
+16 photos

ValuationOvervalued

Sold Prices£207.5K - £795K
Sold Prices/m²£1.9K/m² - £9K/m²

 

 

Square Metres

~119.33 m²
Price/m²£3.6K/m²

Value Estimate

£348,447

 

 

End Value (After Refurb)

£368,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£48,659

Bridging Loan Interest

£11,156

Total Cash In

£190,515

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£368,750

Mortgage (After Refinance)

£276,563

Mortgage LTV

75%

Cash Left In

£190,515

Equity

£92,188

Rent Range

£675 - £2,295

Rent Estimate

£1,066

Running Costs/mo

£1,386

Cashflow/mo

£-320

Cashflow/yr

£-3,835

Gross Yield

3%

Local Sold Prices

45 sold prices from £207.5K to £795K, average is £365K. £1.9K/m² to £9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£540K03/210.03 mi26, Plants Green, Warminster, Wiltshire BA12 9NN4
£550K09/210.1 miGipsy Hollow, 3a, Gipsy Lane, Warminster, Wiltshire BA12 9LR4
£447.5K08/230.1 mi18, Gipsy Lane, Warminster, Wiltshire BA12 9LR4
£394.5K03/240.11 mi73, East End Avenue, Warminster, Wiltshire BA12 9NF4
£420K02/210.12 mi32, Boreham Road, Warminster, Wiltshire BA12 9JR4
£313K04/210.13 mi84a, East Street, Warminster, Wiltshire BA12 9BQ4
£362.5K12/200.25 mi3, Teichman Close, Warminster, Wiltshire BA12 9HY4
£320K04/210.27 mi58, Market Place, Warminster, Wiltshire BA12 9AW4
£314.9K06/230.29 mi10, Stuart Green, Warminster, Wiltshire BA12 9NU4
£355K04/210.29 mi12, Canons Close, Warminster, Wiltshire BA12 9LA4
£375K09/210.29 mi14, Canons Close, Warminster, Wiltshire BA12 9LA4
£350K12/200.29 mi11, Canons Close, Warminster, Wiltshire BA12 9LA4
£435K12/200.3 mi57, Damask Way, Warminster, Wiltshire BA12 9PP4
£385K02/210.31 mi68, Boreham Road, Warminster, Wiltshire BA12 9JN4
£215K12/230.34 mi3, Ferris Mead, Warminster, Wiltshire BA12 9PY4
£245K06/210.35 mi22, Weymouth Street, Warminster, Wiltshire BA12 9NR4
£345K06/230.38 mi53, St Johns Road, Warminster, Wiltshire BA12 9LZ4
£535K05/230.41 mi12a, Lower Marsh Road, Warminster, Wiltshire BA12 9PB4
£385K06/210.42 mi52, Imber Road, Warminster, Wiltshire BA12 0BN4
£207.5K05/210.45 mi35, Woodcock Road, Warminster, Wiltshire BA12 9DQ4
£365K10/210.46 mi14, Copheap Lane, Warminster, Wiltshire BA12 0BG4
£210K03/210.46 mi8, The Close, Warminster, Wiltshire BA12 9AL4
£530K12/230.53 mi27, Deverill Road, Warminster, Wiltshire BA12 9QN4
£400K11/230.53 mi16, Rock Lane, Warminster, Wiltshire BA12 9JZ4
£360K12/200.53 mi6, Rock Lane, Warminster, Wiltshire BA12 9JZ4
£795K07/230.56 mi14, Silver Street, Warminster, Wiltshire BA12 8PS4
£417.5K10/230.56 mi37, Marsh Street, Warminster, Wiltshire BA12 9PG4
£512.5K06/230.58 mi11, Heronslade, Warminster, Wiltshire BA12 9HR4
£300K01/210.58 mi45, Daniell Crest, Warminster, Wiltshire BA12 8NZ4
£235K09/230.58 mi30, The Beeches, Warminster, Wiltshire BA12 8LD4
£240K07/210.58 mi28, The Beeches, Warminster, Wiltshire BA12 8LD4
£345K07/210.61 mi10, Copheap Rise, Warminster, Wiltshire BA12 0AR4
£267.5K12/200.62 mi73, Manor Gardens, Warminster, Wiltshire BA12 8PN4
£330K03/210.63 mi40, Hillwood Lane, Warminster, Wiltshire BA12 9QF4
£320K03/210.7 mi67, Vicarage Street, Warminster, Wiltshire BA12 8JH4
£600K09/230.7 mi19 - 20, Bread Street, Warminster, Wiltshire BA12 8DF4
£325K12/230.72 mi8, Rectory Close, Warminster, Wiltshire BA12 8QP4
£425K01/230.74 mi99, Deverill Road, Warminster, Wiltshire BA12 9QL4
£405K03/210.83 mi35, Bradley Road, Warminster, Wiltshire BA12 8BN4
£385K02/210.84 mi25, King Street, Warminster, Wiltshire BA12 8DG4
£345K02/230.85 mi20, Woodman Mead, Warminster, Wiltshire BA12 8TE4
£350K11/220.9 mi4, Maddocks Hill, Warminster, Wiltshire BA12 8DJ4
£525K03/230.9 mi7, Grange Lane, Warminster, Wiltshire BA12 9EY4
£399.9K10/230.91 mi12, Were Close, Warminster, Wiltshire BA12 8TB4
£415K04/210.94 mi4, Bath Road, Warminster, Wiltshire BA12 8PD4

Local Rents

30 rents from £675/mo to £2.3K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£87511/230.12 mi-2
£87511/230.12 mi-2
£92512/240.22 miImber Road, Warminster2
£77512/240.29 miImber Road, Warminster2
£75012/240.32 miMarket Place, Warminster2
£67511/230.39 mi-1
£95010/230.42 mi-2
£67510/240.55 mi-1
£85012/240.56 miSilver Street, Warminster, Wiltshire, BA122
£1,10012/240.58 miThe Beeches, Warminster3
£1,15012/240.58 miThe Beeches, Warminster, BA123
£90012/240.6 miThe Teasels, Warminster, Wiltshire, BA123
£89501/250.64 mi-2
£75012/230.68 mi-2
£97506/240.68 mi-2
£70004/250.68 mi-1
£1,45001/250.79 mi-3
£1,75012/240.79 miBramley Close, Warminster4
£92512/240.84 miWest Street, Warminster2
£2,29506/240.88 mi-4
£85012/240.89 miPepper Place, Warminster2
£82512/240.89 miPepper Place, Warminster2
£82512/240.89 miPepper Place, Warminster2
£80012/240.97 mi-2
£1,25012/240.98 mi-3
£1,27507/241.17 mi-3
£1,25012/242 mi-3
£1,20012/242 mi-3
£1,25012/242.11 miSutton Veny, Warminster3
£1,50001/252.31 mi-3

Local Area Statistics

Population in BA12

28,537

Town centre distance

0.46 miles away

Nearest school

0.30 miles away

Nearest train station

0.43 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £425,000

June 10, 2024

Floor Plans

Description

  • Detached Bungalow +
  • Kitchen +
  • Dining Room +
  • Sitting Room +
  • Conservatory +
  • Four Bedrooms +
  • Additional Shower room +
  • Family Bathroom +
  • Garage & driveway parking +
  • Gardens to front & rear +

A four bedroom detached bungalow tucked away in a quiet cul-de-sac in the popular location of Plants Green within easy reach of the town centre. The property is in need of some updating and offers good size accommodation throughout. It benefits from a garage and driveway parking with gardens to the front and rear.

Agent Details

Cooper & Tanner, Warminster

01985 802980

Next Steps?

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