This property was removed from Dealsourcr.
5 Bed Semi-Detached House, Refurb/BRRR, Worcester, WR6 6LQ, £675,000





ValuationOvervalued
Sold Prices | £515K - £950K |
Sold Prices/m² | £2.5K/m² - £4K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £3.8K/m² |
Value Estimate | £638,244 |
| |
End Value (After Refurb) | £582,375 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £168,750 |
Stamp Duty & Legal Fees | £42,700 |
Refurb Costs | £70,163 |
Bridging Loan Interest | £17,719 |
Total Cash In | £301,082 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £582,375 |
Mortgage (After Refinance) | £436,781 |
Mortgage LTV | 75% |
Cash Left In | £301,082 |
Equity | £145,594 |
Rent Range | £850 - £2,500 |
Rent Estimate | £1,379 |
Running Costs/mo | £2,116 |
Cashflow/mo | £-737 |
Cashflow/yr | £-8,841 |
Gross Yield | 2% |
Local Sold Prices
6 sold prices from £515K to £950K, average is £747.5K. £2.5K/m² to £4K/m², average is £3.4K/m².
Local Rents
7 rents from £850/mo to £2.5K/mo, average is £1.1K/mo.
Local Area Statistics
Population in WR6 | 12,214 |
Population in Worcester | 142,140 |
Town centre distance | 7.61 miles away |
Nearest school | 2 miles away |
Nearest train station | 5.33 miles away |
| |
Rental growth (12m) | +35% |
Sales demand | Balanced market |
Capital growth (5yrs) | +38% |
Property History
Listed for £675,000
October 2, 2024
Sold for £495,000
2014
Sold for £392,500
2011
Sold for £410,000
2010
Sold for £137,000
2000
Floor Plans
