3 Bed Terraced House, Refurb/BRRR, Gateshead, NE9 5DT, £140,000
Holyoake Gardens, Gateshead, NE9 5DT - 2 views - 5 months ago
Sold STC
Cash
Refurb/BRRR
ROI: 4%
~98 m²





+9 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £35,000 |
Stamp Duty & Legal Fees | £5,400 |
Refurb Costs | £37,518 |
Bridging Loan Interest | £3,675 |
Total Cash In | £83,343 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £143,897 |
Mortgage (After Refinance) | £107,923 |
Mortgage LTV | 75% |
Cash Released | £2,923 |
Cash Left In | £80,420 |
Equity | £35,974 |
Rent Range | £595 - £3,500 |
Rent Estimate | £969 |
Running Costs/mo | £663 |
Cashflow/mo | £306 |
Cashflow/yr | £3,666 |
ROI | 4% |
Gross Yield | 8% |
Local Rents
52 rents from £595/mo to £3.5K/mo, average is £795/mo.
Local Area Statistics
Population in NE9 | 37,590 |
Population in Gateshead | 122,353 |
Town centre distance | 0.66 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.69 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | -41% |
Sales demand | Seller's market |
Capital growth (5yrs) | +7% |
Property History
Listed for £140,000
October 4, 2024
Floor Plans

Description
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