3 Bed Semi-Detached House, Refurb/BRRR, Consett, DH8 9QE, £154,950





ValuationOvervalued
Sold Prices | £48K - £162K |
Sold Prices/m² | £808/m² - £2K/m² |
| |
Square Metres | ~99.02 m² |
Price/m² | £1.6K/m² |
Value Estimate | £121,871 |
| |
End Value (After Refurb) | £146,186 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £38,738 |
Stamp Duty & Legal Fees | £9,547 |
Refurb Costs | £38,004 |
Bridging Loan Interest | £4,067 |
Total Cash In | £92,106 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £146,186 |
Mortgage (After Refinance) | £109,639 |
Mortgage LTV | 75% |
Cash Left In | £92,106 |
Equity | £36,546 |
Rent Range | £370 - £1,150 |
Rent Estimate | £702 |
Running Costs/mo | £617 |
Cashflow/mo | £85 |
Cashflow/yr | £1,017 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
27 sold prices from £48K to £162K, average is £100K. £808/m² to £2K/m², average is £1.2K/m².
Local Rents
50 rents from £370/mo to £1.1K/mo, average is £700/mo.
Local Area Statistics
Population in DH8 | 38,324 |
Population in Consett | 38,379 |
Town centre distance | 1.91 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 7.98 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +9% |
Sales demand | Seller's market |
Capital growth (5yrs) | +14% |
Property History
Price changed to £154,950
January 19, 2025
Listed for £159,950
September 28, 2024
Floor Plans



Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.