2 Bed Terraced House, Refurb/BRRR, Consett, DH8 9QJ, £89,950
1A Walton Terrace, Castleside, Consett, DH8 9QJ - 6 months ago
Refurb/BRRR
ROI: 2%
~86 m²





+11 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £22,488 |
Stamp Duty & Legal Fees | £5,698 |
Refurb Costs | £32,819 |
Bridging Loan Interest | £2,361 |
Total Cash In | £65,115 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £129,644 |
Mortgage (After Refinance) | £97,233 |
Mortgage LTV | 75% |
Cash Released | £29,771 |
Cash Left In | £35,345 |
Equity | £32,411 |
Rent Range | £370 - £1,150 |
Rent Estimate | £694 |
Running Costs/mo | £564 |
Cashflow/mo | £130 |
Cashflow/yr | £1,560 |
ROI | 2% |
Gross Yield | 9% |
Local Rents
50 rents from £370/mo to £1.1K/mo, average is £698/mo.
Local Area Statistics
Population in DH8 | 38,324 |
Population in Consett | 38,379 |
Town centre distance | 2.05 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 7.95 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +9% |
Sales demand | Seller's market |
Capital growth (5yrs) | +14% |
Property History
Price changed to £89,950
February 12, 2025
Price changed to £81,000
December 7, 2024
Price changed to £100,000
November 9, 2024
Listed for £110,000
October 8, 2024
Floor Plans





Description
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