5 Bed Semi-Detached House, Refurb/BRRR, Rochdale, OL11 5TH, £250,000
HAREWOOD ROAD, Norden, Rochdale OL11 5TH - 4 views - 8 months ago
Refurb/BRRR
~124 m²





+10 photos
ValuationUndervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £13,700 |
Refurb Costs | £52,348 |
Bridging Loan Interest | £6,563 |
Total Cash In | £136,860 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £349,175 |
Agent Fees (1%) | £3,492 |
Bridging Loan | £187,500 |
Bridging Loan Interest | £6,563 |
Flip Profit | £21,323 |
Local Rents
14 rents from £900/mo to £2.3K/mo, average is £1.1K/mo.
Local Area Statistics
Population in OL11 | 45,506 |
Population in Rochdale | 128,851 |
Town centre distance | 2.88 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 2.75 miles away |
| |
Rental growth (12m) | +56% |
Sales demand | Balanced market |
Capital growth (5yrs) | +26% |
Property History
Listed for £250,000
August 22, 2024
Floor Plans


Description
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