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5 Bed Terraced House, Refurb/BRRR, Stockton-on-Tees, TS20 2BY, £180,000
ValuationFair Value
Sold Prices | £69.3K - £560K |
Sold Prices/m² | £542/m² - £3K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £1K/m² |
Value Estimate | £180,000 |
| |
End Value (After Refurb) | £205,618 |
Uplift in Value | +14% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £45,000 |
Stamp Duty & Legal Fees | £6,600 |
Refurb Costs | £70,349 |
Bridging Loan Interest | £4,725 |
Total Cash In | £128,424 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £205,618 |
Mortgage (After Refinance) | £154,213 |
Mortgage LTV | 75% |
Cash Released | £19,213 |
Cash Left In | £109,211 |
Equity | £51,404 |
Rent Range | £450 - £1,100 |
Rent Estimate | £712 |
Running Costs/mo | £805 |
Cashflow/mo | £-93 |
Cashflow/yr | £-1,115 |
Gross Yield | 5% |
Local Sold Prices
28 sold prices from £69.3K to £560K, average is £278.3K. £542/m² to £3K/m², average is £1.7K/m².
Local Rents
21 rents from £450/mo to £1.1K/mo, average is £750/mo.
Local Area Statistics
Population in TS20 | 20,663 |
Population in Stockton-on-Tees | 149,709 |
Town centre distance | 0.82 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.74 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -6% |
Sales demand | Balanced market |
Capital growth (5yrs) | -2% |
Property History
Listed for £180,000
June 29, 2024
Sold for £90,500
2024
Floor Plans
Description
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