This property was removed from Dealsourcr.
3 Bed Terraced House, Refurb/BRRR, Bideford, EX39 4LZ, £225,000
5 Venn Close, Instow, Devon, EX39 4LZ - 3 views - 5 months ago
Sold STC
Refurb/BRRR
~87 m²
+3 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £56,250 |
Stamp Duty & Legal Fees | £7,950 |
Refurb Costs | £35,403 |
Bridging Loan Interest | £5,906 |
Total Cash In | £107,259 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £363,875 |
Agent Fees (1%) | £3,639 |
Bridging Loan | £168,750 |
Bridging Loan Interest | £5,906 |
Flip Profit | £84,227 |
Local Rents
21 rents from £650/mo to £1.6K/mo, average is £950/mo.
Local Area Statistics
Population in EX39 | 37,175 |
Town centre distance | 3.60 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 4.64 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -9% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +21% |
Property History
Listed for £225,000
September 4, 2024