This property was removed from Dealsourcr.
2 Bed Flat, Refurb/BRRR, CR8 4AX £230,000
ValuationFair Value
| Sold Prices | £108K - £400K |
| Sold Prices/m² | £1.7K/m² - £6.3K/m² |
| |
Square Metres | ~65 m² |
| Price/m² | £3.5K/m² |
Value Estimate | £234,600 |
| |
End Value (After Refurb) | £333,904 |
Uplift in Value | +45% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £57,500 |
Stamp Duty & Legal Fees | £14,800 |
Refurb Costs | £37,791 |
Bridging Loan Interest | £6,038 |
Total Cash In | £117,879 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £333,904 |
Agent Fees (1%) | £3,339 |
Bridging Loan | £172,500 |
Bridging Loan Interest | £6,038 |
Flip Profit | £40,186 |
Local Sold Prices
27 sold prices from £108K to £400K, average is £300K. £1.7K/m² to £6.3K/m², average is £4.5K/m².
Local Rents
10 rents from £1.4K/mo to £2.5K/mo, average is £1.6K/mo.
Local Area Statistics
Population in CR8 | 32,301 |
Nearest school | 0.10 miles away |
Nearest train station | 0.88 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +10% |
Property History
Price changed to £230,000
June 20, 2025
Price changed to £250,000
May 15, 2025
Price changed to £270,000
March 16, 2025
Price changed to £289,950
November 26, 2024
Price changed to £295,000
November 8, 2024
Price changed to £300,000
September 25, 2024
Listed for £315,000
June 13, 2024
Floor Plans
Description
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