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4 Bed Bungalow, Refurb/BRRR, Halstead, CO9 1NU, £400,000





ValuationOvervalued
Sold Prices | £210K - £775K |
Sold Prices/m² | £1.9K/m² - £5.7K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £3.1K/m² |
Value Estimate | £316,868 |
| |
End Value (After Refurb) | £461,102 |
Uplift in Value | +15% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £28,700 |
Refurb Costs | £62,000 |
Bridging Loan Interest | £10,500 |
Total Cash In | £202,950 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £461,102 |
Mortgage (After Refinance) | £345,827 |
Mortgage LTV | 75% |
Cash Released | £45,827 |
Cash Left In | £157,123 |
Equity | £115,276 |
Rent Range | £900 - £3,200 |
Rent Estimate | £1,785 |
Running Costs/mo | £1,818 |
Cashflow/mo | £-33 |
Cashflow/yr | £-395 |
Gross Yield | 5% |
Local Sold Prices
31 sold prices from £210K to £775K, average is £387.5K. £1.9K/m² to £5.7K/m², average is £3.5K/m².
Local Rents
39 rents from £900/mo to £3.2K/mo, average is £1.4K/mo.
Local Area Statistics
Population in CO9 | 25,162 |
Town centre distance | 0.31 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 5.70 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +40% |
Sales demand | Seller's market |
Capital growth (5yrs) | +22% |
Property History
Listed for £400,000
August 31, 2024
Floor Plans

Description
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