2 Bed Flat, Refurb/BRRR, Ayr, KA7 4FF, £375,000
The Finnieston - Seafield House, KA7 4FF - 8 months ago
Sold STC
Refurb/BRRR
~68 m²





+47 photos
ValuationOvervalued
Sold Prices | £65K - £485K |
| |
Square Metres | ~68.11 m² |
Value Estimate | £144,000 |
| |
End Value (After Refurb) | £345,050 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £93,750 |
Stamp Duty & Legal Fees | £18,700 |
Refurb Costs | £26,541 |
Bridging Loan Interest | £9,844 |
Total Cash In | £150,585 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £345,050 |
Mortgage (After Refinance) | £258,788 |
Mortgage LTV | 75% |
Cash Left In | £150,585 |
Equity | £86,263 |
Rent Range | £440 - £1,800 |
Rent Estimate | £724 |
Running Costs/mo | £1,243 |
Cashflow/mo | £-519 |
Cashflow/yr | £-6,229 |
Gross Yield | 2% |
Local Sold Prices
20 sold prices from £65K to £485K, average is £122.5K.
Local Rents
35 rents from £440/mo to £1.8K/mo, average is £695/mo.
Local Area Statistics
Population in Ayr | 66,386 |
Town centre distance | 0.96 miles away |
Nearest school | 0.90 miles away |
Nearest train station | 0.92 miles away |
| |
Rental growth (12m) | -19% |
Sales demand | Seller's market |
Capital growth (5yrs) | +20% |
Property History
Listed for £375,000
July 19, 2024
Floor Plans

Description
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