3 Bed Terraced House, Refurb/BRRR, Scunthorpe, DN17 3TS, £127,000
7 Orchard Close, Scunthorpe, DN17 3TS - 6 months ago
Refurb/BRRR
ROI: 1%
77 m²





+8 photos
ValuationUndervalued
Sold Prices | £60K - £377K |
Sold Prices/m² | £1.6K/m² - £2.9K/m² |
| |
Square Metres | 77 m² |
Price/m² | £1.6K/m² |
Value Estimate | £139,050 |
BMV | 3% |
| |
End Value (After Refurb) | £178,938 |
Uplift in Value | +33% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £31,750 |
Stamp Duty & Legal Fees | £5,250 |
Refurb Costs | £30,516 |
Bridging Loan Interest | £3,334 |
Total Cash In | £72,600 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £178,938 |
Mortgage (After Refinance) | £134,203 |
Mortgage LTV | 75% |
Cash Released | £38,953 |
Cash Left In | £33,647 |
Equity | £44,734 |
Rent Range | £475 - £1,300 |
Rent Estimate | £802 |
Running Costs/mo | £740 |
Cashflow/mo | £62 |
Cashflow/yr | £749 |
ROI | 1% |
Gross Yield | 8% |
Local Sold Prices
24 sold prices from £60K to £377K, average is £198.7K. £1.6K/m² to £2.9K/m², average is £2.1K/m².
Local Rents
31 rents from £475/mo to £1.3K/mo, average is £795/mo.
Local Area Statistics
Population in DN17 | 37,168 |
Population in Scunthorpe | 105,498 |
Town centre distance | 3.63 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 3.86 miles away |
| |
Rental growth (12m) | +56% |
Sales demand | Balanced market |
Capital growth (5yrs) | +23% |
Property History
Price changed to £127,000
March 8, 2025
Listed for £135,000
October 4, 2024
Floor Plans

