4 Bed Semi-Detached House, Refurb/BRRR, Durham, DH7 7RP, £200,000
Holborn Court, Ushaw Moor, Durham, DH7 7RP - 3 views - 6 months ago
Refurb/BRRR
ROI: 3%
~129 m²





+14 photos
ValuationFair Value
Sold Prices | £74K - £375K |
Sold Prices/m² | £1.1K/m² - £3K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £1.5K/m² |
Value Estimate | £200,000 |
| |
End Value (After Refurb) | £181,701 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £7,200 |
Refurb Costs | £49,479 |
Bridging Loan Interest | £5,250 |
Total Cash In | £113,679 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £181,701 |
Mortgage (After Refinance) | £136,275 |
Mortgage LTV | 75% |
Cash Left In | £113,679 |
Equity | £45,425 |
Rent Range | £565 - £2,400 |
Rent Estimate | £1,148 |
Running Costs/mo | £817 |
Cashflow/mo | £331 |
Cashflow/yr | £3,967 |
ROI | 3% |
Gross Yield | 7% |
Local Sold Prices
21 sold prices from £74K to £375K, average is £210K. £1.1K/m² to £3K/m², average is £2.1K/m².
Local Rents
15 rents from £565/mo to £2.4K/mo, average is £750/mo.
Local Area Statistics
Population in DH7 | 40,931 |
Population in Durham | 124,445 |
Town centre distance | 2.23 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 1.94 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +35% |
Sales demand | Seller's market |
Capital growth (5yrs) | +19% |
Property History
Listed for £200,000
October 2, 2024
Floor Plans

Description
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