3 Bed Semi-Detached House, Refurb/BRRR, Ashton-under-Lyne, OL6 8QW, £325,000
Broadoak Road, Ashton-under-Lyne, Greater Manchester, OL6 8QW - 3 views - 7 months ago
Sold STC
Refurb/BRRR
~93 m²





+12 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £81,250 |
Stamp Duty & Legal Fees | £14,700 |
Refurb Costs | £39,428 |
Bridging Loan Interest | £8,531 |
Total Cash In | £145,660 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £302,500 |
Mortgage (After Refinance) | £226,875 |
Mortgage LTV | 75% |
Cash Left In | £145,660 |
Equity | £75,625 |
Rent Range | £750 - £2,500 |
Rent Estimate | £1,106 |
Running Costs/mo | £1,187 |
Cashflow/mo | £-81 |
Cashflow/yr | £-966 |
Gross Yield | 4% |
Local Rents
42 rents from £750/mo to £2.5K/mo, average is £1.1K/mo.
Local Area Statistics
Population in OL6 | 28,677 |
Population in Ashton-under-Lyne | 45,510 |
Town centre distance | 0.01 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.51 miles away |
| |
Rental growth (12m) | +23% |
Sales demand | Seller's market |
Capital growth (5yrs) | +35% |
Property History
Listed for £325,000
September 26, 2024
Floor Plans

Description
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