3 Bed Terraced House, Refurb/BRRR, Hayle, TR27 4LE, £200,000

Mount Pleasant, Hayle, TR27 4LE - 3 views - 7 months ago

Sold STC
Cash
Refurb/BRRR
ROI: 11%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£166K - £540K
Sold Prices/m²£2K/m² - £6.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£204,000

 

 

End Value (After Refurb)

£291,090

Uplift in Value

+46%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£40,580

Bridging Loan Interest

£5,250

Total Cash In

£104,780

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£291,090

Agent Fees (1%)

£2,911

Bridging Loan

£150,000

Bridging Loan Interest

£5,250

Flip Profit

£33,400

Local Sold Prices

50 sold prices from £166K to £540K, average is £265K. £2K/m² to £6.6K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£240K04/210.06 mi8, Trelawney Way, Hayle, Cornwall TR27 4LG3
£230K07/210.06 mi44, Mount Pleasant, Hayle, Cornwall TR27 4LE3
£313K02/240.07 mi12, Mount Pleasant Gardens, Hayle, Cornwall TR27 4JR3
£280K07/210.09 mi22, Mount Pleasant, Hayle, Cornwall TR27 4LD3
£540K03/240.09 mi11, Mount Pleasant, Hayle, Cornwall TR27 4LD3
£342K05/230.14 mi30, Commercial Road, Hayle, Cornwall TR27 4DG3
£215K08/210.14 mi22, Commercial Road, Hayle, Cornwall TR27 4DG3
£215K08/230.15 mi12, Harveys Way, Hayle, Cornwall TR27 4PE3
£192.5K01/210.15 mi73, Harveys Way, Hayle, Cornwall TR27 4PF3
£186K11/200.15 mi7, Bowling Green Court, Hayle, Cornwall TR27 4RP3
£325K08/230.16 mi43, Commercial Road, Hayle, Cornwall TR27 4DE3
£250K09/220.17 mi12, Cornubia Close, Hayle, Cornwall TR27 4RL3
£275K10/220.17 mi1, Cornubia Close, Hayle, Cornwall TR27 4RL3
£191K09/220.17 mi4, Cornubia Close, Hayle, Cornwall TR27 4RL3
£166K07/210.18 mi63, St Johns Street, Hayle, Cornwall TR27 4LN3
£265K08/230.18 mi89, St Johns Street, Hayle, Cornwall TR27 4LN3
£280K07/230.18 mi34, St Johns Street, Hayle, Cornwall TR27 4LN3
£270K03/230.18 mi61, St Johns Street, Hayle, Cornwall TR27 4LN3
£300K12/230.18 mi47a, Bodriggy Street, Hayle, Cornwall TR27 4ND3
£265K09/220.18 mi5, Cornubia Close, Hayle, Cornwall TR27 4RL3
£415.5K01/230.21 mi76, Hayle Terrace, Hayle, Cornwall TR27 4BT3
£233.5K07/220.22 mi10, Coronation Road, Hayle, Cornwall TR27 4AY3
£227.5K06/230.24 mi2, Lower Church Street, Hayle, Cornwall TR27 4LP3
£190K11/200.24 mi4, St Johns Street, Hayle, Cornwall TR27 4LL3
£215K12/200.24 mi24, St Johns Street, Hayle, Cornwall TR27 4LL3
£315K10/230.24 mi13, Bodriggy Street, Hayle, Cornwall TR27 4NB3
£216K10/200.24 mi5, Bodriggy Street, Hayle, Cornwall TR27 4NB3
£247K07/210.24 mi15, Bodriggy Street, Hayle, Cornwall TR27 4NB3
£250K02/240.28 mi47, Trevithick Crescent, Hayle, Cornwall TR27 4AZ3
£375K12/200.31 mi37, St Georges Road, Hayle, Cornwall TR27 4AL3
£370K10/220.31 mi33, St Georges Road, Hayle, Cornwall TR27 4AL3
£261.1K05/230.31 mi55, St Georges Road, Hayle, Cornwall TR27 4AL3
£397K09/230.31 mi27, St Georges Road, Hayle, Cornwall TR27 4AL3
£218.5K04/210.32 mi37, High Lanes, Hayle, Cornwall TR27 4AW3
£170K03/240.32 mi53, High Lanes, Hayle, Cornwall TR27 4AW3
£197K02/210.33 mi9, Haven Court, Hayle, Cornwall TR27 4SE3
£320K11/220.33 mi3, Haven Court, Hayle, Cornwall TR27 4SE3
£283.8K05/210.35 mi56, Penpol Terrace, Hayle, Cornwall TR27 4BQ3
£194K05/230.35 mi22, Penpol Terrace, Hayle, Cornwall TR27 4BQ3
£450K02/230.36 mi29, Clifton Terrace, Hayle, Cornwall TR27 4BP3
£475K01/230.36 mi24, Clifton Terrace, Hayle, Cornwall TR27 4BP3
£287.5K03/240.43 mi14, Penpol Road, Hayle, Cornwall TR27 4AD3
£247.5K07/210.43 mi2, Trevassack Parc, Hayle, Cornwall TR27 5HW3
£300K06/230.45 mi27, Dracaena Avenue, Hayle, Cornwall TR27 4LZ3
£220K12/200.46 mi22, Phillack Hill, Phillack, Hayle, Cornwall TR27 5AD3
£215K04/210.48 mi31, Dracaena Avenue, Hayle, Cornwall TR27 4LZ3
£370K01/240.49 mi1, Tremeadow Terrace, Hayle, Cornwall TR27 4AF3
£400K07/230.49 mi12, Tremeadow Terrace, Hayle, Cornwall TR27 4AF3
£325K06/210.51 mi2, Glebe Row, Phillack, Hayle, Cornwall TR27 5AJ3
£270K06/210.54 mi8, Mexico Lane, Phillack, Hayle, Cornwall TR27 5AG3

Local Rents

19 rents from £850/mo to £4.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£3,78510/240.19 mi-3
£4,69502/240.19 mi-3
£1,30009/240.22 mi-3
£97510/240.23 miPenpol Vean, Hayle3
£1,39509/230.26 mi-3
£85010/240.29 mi-3
£87511/240.29 mi-3
£1,30010/240.32 mi-3
£3,19512/240.35 mi-3
£1,80012/230.41 mi-3
£1,55001/250.41 mi-3
£1,45011/240.41 mi-3
£1,45012/240.41 mi-3
£3,48504/250.48 mi-3
£3,19512/240.51 mi-3
£3,19503/250.51 mi-3
£3,19512/240.55 mi-3
£3,19512/240.55 mi-3
£3,19504/250.55 mi-3

Local Area Statistics

Population in TR27

14,776

Town centre distance

0.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Buyer's market

Capital growth (5yrs)

+43%

Property History

Listed for £200,000

September 19, 2024

Floor Plans

Description

  • EXCELLENT OPPORTUNITY +
  • 3 BED HOUSE IN A SOUGHT AFTER LOCATION +
  • SPACIOUS ACCOMMODATION IN NEED OF MODERNISATION +
  • UPVC DOUBLE GLAZING AND GAS CENTRAL HEATING +
  • GOOD SIZE REAR GARDEN +
  • LARGE WORKSHOP/GARAGE +
  • LOVELY VIEWS TO THE REAR +
  • NO CHAIN +

This 3 bedroom house is situated in a popular residential location and offered for sale with NO CHAIN. In need of modernisation, this property offers spacious accommodation along with a good size rear garden, useful workshop/garage and superb views to the rear. Viewing highly recommended! CASH BUYERS ONLY!!!

Entrance Hall - Stairs rising to the first floor with built in under stairs storage cupboard, radiator.

Lounge Diner - 6.02m x 4.72m (19'9 x 15'6) - A spacious dual aspect room with two UPVC double glazed windows to the front and rear, two radiators, gas fire with surround.

Kitchen - 3.38m x 2.97m (11'1 x 9'9) - Stainless steel sink unit with adjoining work surfaces, range of base and eye level units, recess for cooker, fridge freezer and washing machine, built in store cupboard, UPVC double glazed window to the rear with a lovely outlook, door to rear porch.

Rear Porch - Doors to cloakroom and outside.

Cloakroom - W.C, window to the side, wall mounted gas combi boiler.

First Floor Landing - Access to loft space.

Bathroom - 2.41m x 1.35m (7'11 x 4'5) - Panelled bath with shower over, w.c, wash hand basin, radiator, UPVC double glazed frosted window to the rear.

Bedroom 1 - 3.28m x 2.92m (10'9 x 9'7) - Built in wardrobe, UPVC double glazed window to the rear with superb views across Hayle towards Phillack.

Bedroom 2 - 3.30m x 3.30m (10'10 x 10'10) - Radiator, UPVC double glazed window to the front.

Bedroom 3 - 2.51m x 1.83m (8'3 x 6'0) - UPVC double glazed window to the rear.

Outside -

Front - At the front of there is an enclosed patio with gate.

Rear - There is a good size garden to the rear with a lawn and pathway. At the end of the garden there is a gate leading to the rear service lane and also access to the workshop/garage.

Workshop/Garage - 4.80m x 4.06m (15'9 x 13'4) - Double wooden doors to the front, light and power connected, door and two windows to the rear.

Agent Details

Millerson, Hayle

01736 800714

Next Steps?

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