2 Bed Flat, Refurb/BRRR, Leeds, LS12 3LG, £70,000





ValuationUndervalued
Sold Prices | £58K - £173K |
Sold Prices/m² | £982/m² - £2.8K/m² |
| |
Square Metres | ~66.90 m² |
Price/m² | £1K/m² |
Value Estimate | £72,100 |
BMV | 3% |
| |
End Value (After Refurb) | £111,413 |
Uplift in Value | +59% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £17,500 |
Stamp Duty & Legal Fees | £4,700 |
Refurb Costs | £26,472 |
Bridging Loan Interest | £1,838 |
Total Cash In | £52,260 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £111,413 |
Mortgage (After Refinance) | £83,559 |
Mortgage LTV | 75% |
Cash Released | £31,059 |
Cash Left In | £21,200 |
Equity | £27,853 |
Rent Range | £650 - £3,575 |
Rent Estimate | £926 |
Running Costs/mo | £553 |
Cashflow/mo | £373 |
Cashflow/yr | £4,472 |
ROI | 9% |
Gross Yield | 16% |
Local Sold Prices
28 sold prices from £58K to £173K, average is £113K. £982/m² to £2.8K/m², average is £2.1K/m².
Local Rents
50 rents from £650/mo to £3.6K/mo, average is £825/mo.
Local Area Statistics
Population in LS12 | 40,736 |
Population in Leeds | 635,166 |
Town centre distance | 1.51 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.15 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +42% |
Sales demand | Seller's market |
Capital growth (5yrs) | +39% |
Property History
Price changed to £70,000
January 11, 2025
Listed for £75,000
October 11, 2024
Floor Plans

Description
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