2 Bed Detached House, Refurb/BRRR, Taunton, TA3 6DW, £275,000
Wrantage, Taunton, TA3 6DW - 1 views - 6 months ago
Sold STC
Refurb/BRRR
ROI: 1%
~68 m²





+8 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £68,750 |
Stamp Duty & Legal Fees | £10,700 |
Refurb Costs | £27,698 |
Bridging Loan Interest | £7,219 |
Total Cash In | £116,117 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £281,125 |
Mortgage (After Refinance) | £210,844 |
Mortgage LTV | 75% |
Cash Released | £4,594 |
Cash Left In | £111,523 |
Equity | £70,281 |
Rent Range | £725 - £1,800 |
Rent Estimate | £1,206 |
Running Costs/mo | £1,140 |
Cashflow/mo | £66 |
Cashflow/yr | £792 |
ROI | 1% |
Gross Yield | 5% |
Local Rents
6 rents from £725/mo to £1.8K/mo, average is £1K/mo.
Local Area Statistics
Population in TA3 | 14,212 |
Population in Taunton | 85,088 |
Town centre distance | 6.19 miles away |
Nearest school | 0.80 miles away |
Nearest train station | 6.55 miles away |
| |
Rental growth (12m) | -16% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Property History
Listed for £275,000
October 12, 2024
Floor Plans
