4 Bed Detached House, Planning Permission, Bilston, WV14 0TR, £400,000
Loxdale Sidings, Bilston, WV14 0TR - 1 views - 10 months ago
Planning
ROI: 2%
~129 m²





+9 photos
ValuationOvervalued
Sold Prices | £100K - £330K |
Sold Prices/m² | £806/m² - £3.4K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £3.1K/m² |
Value Estimate | £302,554 |
| |
End Value (After Refurb) | £235,248 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £20,700 |
Refurb Costs | £51,147 |
Bridging Loan Interest | £10,500 |
Total Cash In | £184,097 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £235,248 |
Mortgage (After Refinance) | £176,436 |
Mortgage LTV | 75% |
Cash Left In | £184,097 |
Equity | £58,812 |
Rent Range | £975 - £3,000 |
Rent Estimate | £1,344 |
Running Costs/mo | £1,024 |
Cashflow/mo | £320 |
Cashflow/yr | £3,841 |
ROI | 2% |
Gross Yield | 4% |
Local Sold Prices
28 sold prices from £100K to £330K, average is £257.5K. £806/m² to £3.4K/m², average is £2.4K/m².
Local Rents
13 rents from £975/mo to £3K/mo, average is £1.3K/mo.
Local Area Statistics
Population in WV14 | 46,931 |
Town centre distance | 0.76 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.15 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +18% |
Sales demand | Seller's market |
Capital growth (5yrs) | +48% |
Property History
Price changed to £400,000
October 3, 2024
Listed for £390,000
June 29, 2024
Floor Plans
