3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M29 7EX, £200,000
Henfold Road, Tyldesley, M29 7EX - 4 views - 8 months ago
Sold STC
Refurb/BRRR
Planning
ROI: 2%
~83 m²





+23 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £7,200 |
Refurb Costs | £34,774 |
Bridging Loan Interest | £5,250 |
Total Cash In | £98,974 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £232,941 |
Mortgage (After Refinance) | £174,706 |
Mortgage LTV | 75% |
Cash Released | £24,706 |
Cash Left In | £74,268 |
Equity | £58,235 |
Rent Range | £950 - £1,500 |
Rent Estimate | £1,182 |
Running Costs/mo | £984 |
Cashflow/mo | £198 |
Cashflow/yr | £2,372 |
ROI | 2% |
Gross Yield | 7% |
Local Rents
24 rents from £950/mo to £1.5K/mo, average is £1.2K/mo.
Local Area Statistics
Population in M29 | 22,788 |
Population in Manchester | 920,095 |
Town centre distance | 8.87 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.90 miles away |
| |
Rental growth (12m) | +13% |
Sales demand | Seller's market |
Capital growth (5yrs) | +38% |
Property History
Listed for £200,000
August 23, 2024
Floor Plans

Description
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