3 Bed Terraced House, Refurb/BRRR, Bognor Regis, PO22 9JB, £240,000
100 Orchard Way, Bognor Regis, West Sussex, PO22 9JB - 6 months ago
Sold STC
Refurb/BRRR
ROI: 4%
~84 m²





+5 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £60,000 |
Stamp Duty & Legal Fees | £8,400 |
Refurb Costs | £39,107 |
Bridging Loan Interest | £6,300 |
Total Cash In | £115,557 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £239,429 |
Mortgage (After Refinance) | £179,571 |
Mortgage LTV | 75% |
Cash Left In | £115,557 |
Equity | £59,857 |
Rent Range | £1,300 - £2,125 |
Rent Estimate | £1,440 |
Running Costs/mo | £1,056 |
Cashflow/mo | £384 |
Cashflow/yr | £4,605 |
ROI | 4% |
Gross Yield | 7% |
Local Rents
10 rents from £1.3K/mo to £2.1K/mo, average is £1.4K/mo.
Local Area Statistics
Population in PO22 | 28,866 |
Population in Bognor Regis | 68,380 |
Town centre distance | 0.52 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.68 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £240,000
September 1, 2024
Sold for £122,000
2004
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.