3 Bed Terraced House, Refurb/BRRR, Shaftesbury, SP7 8PF, £240,000

Coppice Street, Shaftesbury, SP7 8PF - 1 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£152.5K - £995K
Sold Prices/m²£1.9K/m² - £6.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£247,200
BMV3%

 

 

End Value (After Refurb)

£282,845

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Refurb Costs

£38,000

Bridging Loan Interest

£6,300

Total Cash In

£114,450

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£282,845

Mortgage (After Refinance)

£212,134

Mortgage LTV

75%

Cash Released

£32,134

Cash Left In

£82,316

Equity

£70,711

Rent Range

£1,100 - £2,000

Rent Estimate

£1,268

Running Costs/mo

£1,157

Cashflow/mo

£111

Cashflow/yr

£1,326

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £152.5K to £995K, average is £245K. £1.9K/m² to £6.7K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£235K05/210 mi81, Coppice Street, Shaftesbury, Dorset SP7 8PF3
£230K07/210 mi89, Coppice Street, Shaftesbury, Dorset SP7 8PF3
£228K06/210.04 mi41, St Rumbolds Road, Shaftesbury, Dorset SP7 8NE3
£290K03/230.04 mi35, St Rumbolds Road, Shaftesbury, Dorset SP7 8NE3
£212.5K03/230.04 mi43, St Rumbolds Road, Shaftesbury, Dorset SP7 8NE3
£280K12/200.09 mi22, St Georges Road, Shaftesbury, Dorset SP7 8NH3
£305K05/210.1 mi5, Fairlane, Shaftesbury, Dorset SP7 8RT3
£275K03/230.1 mi35, Fairlane, Shaftesbury, Dorset SP7 8RT3
£302.5K11/210.1 mi11, Fairlane, Shaftesbury, Dorset SP7 8RT3
£217.5K01/210.1 mi31, Fairlane, Shaftesbury, Dorset SP7 8RT3
£350K05/230.12 mi37, St Georges Road, Shaftesbury, Dorset SP7 8NJ3
£260.3K12/220.12 mi2, St Georges Road, Shaftesbury, Dorset SP7 8NH3
£235K10/200.15 mi43, Jeanneau Close, Shaftesbury, Dorset SP7 8PQ3
£281K02/230.18 miSt Anthony, Butts Knapp, Shaftesbury, Dorset SP7 8NW3
£325K11/220.2 mi9, Beaufoy Close, Shaftesbury, Dorset SP7 8PT3
£218K08/210.2 mi13d, Pound Lane, Shaftesbury, Dorset SP7 8RZ3
£245K06/210.2 mi11, Pound Lane, Shaftesbury, Dorset SP7 8RZ3
£220K10/200.21 mi15, Woodman Court, Shaftesbury, Dorset SP7 8PY3
£353.3K08/210.22 mi34, Salisbury Street, Shaftesbury, Dorset SP7 8EJ3
£218K11/200.25 mi10, Imber Road, Shaftesbury, Dorset SP7 8RX3
£220K03/210.25 mi18, Imber Road, Shaftesbury, Dorset SP7 8RX3
£235K08/210.25 mi1, Win Green View, Shaftesbury, Dorset SP7 8SR3
£272.5K09/210.28 mi5, Gower Road, Shaftesbury, Dorset SP7 8RU3
£245K03/210.28 mi13, Gower Road, Shaftesbury, Dorset SP7 8RU3
£179K09/220.28 mi42, Nettlecombe, Shaftesbury, Dorset SP7 8PR3
£240K08/210.28 mi20, Burton Close, Shaftesbury, Dorset SP7 8SW3
£340K12/220.29 mi12, Barton Hill, Shaftesbury, Dorset SP7 8DQ3
£254K03/210.3 mi23, Barton Hill, Shaftesbury, Dorset SP7 8DQ3
£255K12/200.3 mi20, Barton Hill, Shaftesbury, Dorset SP7 8DQ3
£300K04/230.3 mi7, Barton Hill, Shaftesbury, Dorset SP7 8DQ3
£181K06/210.3 mi13, Ten Acres, Shaftesbury, Dorset SP7 8PP3
£265.9K09/210.3 mi17, Greenstone Road, Shaftesbury, Dorset SP7 8FL3
£262.5K05/230.3 mi13, Greenstone Road, Shaftesbury, Dorset SP7 8FL3
£272.5K03/210.3 mi1, Mampitts Lane, Shaftesbury, Dorset SP7 8FN3
£235K04/210.31 mi20, Thomas Hardy Drive, Shaftesbury, Dorset SP7 8SP3
£242K02/230.32 mi55, Ten Acres, Shaftesbury, Dorset SP7 8PW3
£995K10/200.33 mi4, French Mill Lane, Shaftesbury, Dorset SP7 8EU3
£468K08/230.34 mi32, Layton Lane, Shaftesbury, Dorset SP7 8EY3
£240K03/230.35 mi18, The Venn, Shaftesbury, Dorset SP7 8EB3
£152.5K02/210.35 mi25, The Venn, Shaftesbury, Dorset SP7 8EB3
£230K04/230.35 mi16, The Venn, Shaftesbury, Dorset SP7 8EB3
£244K11/200.35 mi14, Maple Road, Shaftesbury, Dorset SP7 8FR3
£285K12/220.36 mi17, Bramble Patch, Shaftesbury, Dorset SP7 8GH3
£193K05/210.37 mi23, Wincombe Lane, Shaftesbury, Dorset SP7 8PN3
£215K10/200.38 mi8, Allen Road, Shaftesbury, Dorset SP7 8GB3
£275K12/220.38 mi6, Allen Road, Shaftesbury, Dorset SP7 8GB3
£530K04/210.39 mi9, Haimes Lane, Shaftesbury, Dorset SP7 8AJ3
£165K11/210.4 mi16, Gold Hill, Shaftesbury, Dorset SP7 8HB3
£155K02/230.4 mi32, Lindlar Close, Shaftesbury, Dorset SP7 8PS3
£255K11/200.41 mi17, Greenacre Way, Shaftesbury, Dorset SP7 8FT3

Local Rents

11 rents from £1.1K/mo to £2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25009/240.16 miTrinity Road, Shaftesbury3
£1,15009/240.28 miNettlecombe, Shaftesbury3
£1,25010/240.3 mi-3
£1,20009/240.32 miMead Way, SHAFTESBURY3
£1,20009/240.35 miAnstee Road, SHAFTESBURY3
£1,20009/240.38 miMaple Road, Shaftesbury3
£1,20002/240.39 mi-3
£2,00009/240.43 miDonhead St. Andrew, Shaftesbury3
£1,10009/240.48 miGreat Ground, SHAFTESBURY3
£1,20009/240.58 miMaple Close, Shaftesbury - Long term available3
£1,20003/250.59 mi-3

Local Area Statistics

Population in SP7

13,749

Town centre distance

0.27 miles away

Nearest school

0.20 miles away

Nearest train station

4.19 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £240,000

September 2, 2024

Floor Plans

Description

  • No onward chain +
  • Close to the town centre +
  • Parking to the rear +
  • Utility Room +
  • Conservatory +
  • Three bedrooms +

SUMMARY
Three bedroom mid-terrace property on the market with NO ONWARD CHAIN in need of some modernisation. Brilliant location with access to local amenities and parking at the rear. A property not to be missed, contact us today to organise a viewing.

DESCRIPTION
Three bedroom mid-terrace property on the market with NO ONWARD CHAIN in need of some modernisation. Brilliant location with access to local amenities and parking at the rear. A property not to be missed, contact us today to organise a viewing.

Entrance Hall 
Double glazed door to the front, stairs to the first floor and a radiator.

Lounge 15' 6" x 11' 9" ( 4.72m x 3.58m )
Double glazed window to the front, electric fireplace, wall lights and a radiator.

Kitchen 18' 9" x 9' 3" ( 5.71m x 2.82m )
Double glazed window and door to the rear, fitted kitchen with wall and base units, work tops, tiling, electric oven point, cooker hood, stainless steel sink and drainer, under stairs cupboard and a radiator.

Utility Room 9' 8" x 5' 5" ( 2.95m x 1.65m )
Double glazed window to the rear, plumbing for a washing machine and a radiator.

Conservatory 12' 6" x 10' 6" ( 3.81m x 3.20m )
Double glazed patio doors to the rear, double glazed windows to the side and rear, tiled flooring, light and a radiator.

Landing 
Stairs from the entrance hall, radiator and access to the loft.

Bedroom One 11' 9" x 10' 2" ( 3.58m x 3.10m )
Double glazed window to the front and wardrobes.

Bedroom Two 12' 6" max x 8' 9" max ( 3.81m max x 2.67m max )
Double glazed window to the rear and an airing cupboard.

Bedroom Three 8' 8" max x 8' 1" max ( 2.64m max x 2.46m max )
Double glazed window to the front and an over stairs box/cupboard.

Bathroom 
Double glazed window to the front, WC, wash hand basin, bath, tiling and an electric heater.

Front Garden 
To the front the property is laid to stone with path leading to the front door.

Rear Garden 
To the rear the garden is laid to stone with patio area, shrubs and gate to the rear leading to the parking.

Driveway 
Driveway to the rear of the garden for two cars. Large shed to the rear of the property.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Shaftesbury

01747 441317

Next Steps?

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