3 Bed Terraced House, Refurb/BRRR, Dunmow, CM6 2PW, £395,000
Weaverhead Close, Thaxted, Nr Great Dunmow, Essex, CM6 2PW - 2 views - 7 months ago
Refurb/BRRR
Planning
~93 m²





+7 photos
ValuationOvervalued
Sold Prices | £260K - £550K |
Sold Prices/m² | £2.2K/m² - £6.5K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £4.2K/m² |
Value Estimate | £347,861 |
| |
End Value (After Refurb) | £375,799 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £98,750 |
Stamp Duty & Legal Fees | £20,300 |
Refurb Costs | £44,800 |
Bridging Loan Interest | £10,369 |
Total Cash In | £175,969 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £375,799 |
Mortgage (After Refinance) | £281,849 |
Mortgage LTV | 75% |
Cash Left In | £175,969 |
Equity | £93,950 |
Rent Range | £950 - £2,100 |
Rent Estimate | £1,520 |
Running Costs/mo | £1,498 |
Cashflow/mo | £22 |
Cashflow/yr | £260 |
ROI | 0% |
Gross Yield | 5% |
Local Sold Prices
21 sold prices from £260K to £550K, average is £367.5K. £2.2K/m² to £6.5K/m², average is £3.8K/m².
Local Rents
8 rents from £950/mo to £2.1K/mo, average is £1.3K/mo.
Local Area Statistics
Population in CM6 | 24,916 |
Population in Dunmow | 24,925 |
Town centre distance | 6.24 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 5.54 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +47% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +15% |
Property History
Listed for £395,000
September 11, 2024
Floor Plans

Description
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