2 Bed Terraced House, Refurb/BRRR, Cheadle Hulme, SK8 3JT, £219,950





ValuationFair Value
Sold Prices | £165K - £500K |
Sold Prices/m² | £1.5K/m² - £7.7K/m² |
| |
Square Metres | 86 m² |
Price/m² | £2.6K/m² |
Value Estimate | £222,150 |
| |
End Value (After Refurb) | £255,193 |
Uplift in Value | +16% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £54,988 |
Stamp Duty & Legal Fees | £7,799 |
Refurb Costs | £36,461 |
Bridging Loan Interest | £5,774 |
Total Cash In | £106,770 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £255,193 |
Mortgage (After Refinance) | £191,395 |
Mortgage LTV | 75% |
Cash Released | £26,432 |
Cash Left In | £80,338 |
Equity | £63,798 |
Rent Range | £900 - £2,500 |
Rent Estimate | £1,405 |
Running Costs/mo | £1,098 |
Cashflow/mo | £307 |
Cashflow/yr | £3,678 |
ROI | 3% |
Gross Yield | 8% |
Local Sold Prices
22 sold prices from £165K to £500K, average is £279K. £1.5K/m² to £7.7K/m², average is £3.9K/m².
Local Rents
15 rents from £900/mo to £2.5K/mo, average is £1.3K/mo.
Local Area Statistics
Population in SK8 | 58,396 |
Population in Cheadle Hulme | 58,434 |
Town centre distance | 1.54 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.46 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +35% |
Property History
Listed for £219,950
October 9, 2024
Sold for £136,000
2006
Floor Plans

Description
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