2 Bed Flat, Cash/Bridging Only, Leeds, LS15 8AZ, £135,000
35 Austhorpe Road | Crossgates | Leeds | LS15 8BA - 2 views - 7 months ago
Cash
ROI: 3%
~68 m²





+2 photos
ValuationOvervalued
Sold Prices | £65K - £195K |
Sold Prices/m² | £970/m² - £4.1K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2K/m² |
Value Estimate | £125,913 |
| |
End Value (After Refurb) | £172,366 |
Uplift in Value | +28% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £33,750 |
Stamp Duty & Legal Fees | £5,250 |
Refurb Costs | £26,951 |
Bridging Loan Interest | £3,544 |
Total Cash In | £71,245 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £172,366 |
Mortgage (After Refinance) | £129,275 |
Mortgage LTV | 75% |
Cash Released | £28,025 |
Cash Left In | £43,220 |
Equity | £43,092 |
Rent Range | £850 - £1,100 |
Rent Estimate | £931 |
Running Costs/mo | £745 |
Cashflow/mo | £186 |
Cashflow/yr | £2,234 |
ROI | 3% |
Gross Yield | 8% |
Local Sold Prices
25 sold prices from £65K to £195K, average is £116.2K. £970/m² to £4.1K/m², average is £1.8K/m².
Local Rents
10 rents from £850/mo to £1.1K/mo, average is £895/mo.
Local Area Statistics
Population in LS15 | 34,708 |
Population in Leeds | 635,166 |
Town centre distance | 4.32 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.19 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +35% |
Property History
Listed for £135,000
October 7, 2024
Floor Plans
