3 Bed Semi-Detached House, Refurb/BRRR, Brighton, BN2 8JJ, £350,000
2 Pickers Hill Farm Cottages, Saltdean Vale, Saltdean, BN2 8JJ - 5 months ago
Refurb/BRRR
~99 m²





+22 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £87,500 |
Stamp Duty & Legal Fees | £23,700 |
Refurb Costs | £47,063 |
Bridging Loan Interest | £9,188 |
Total Cash In | £169,201 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £474,948 |
Agent Fees (1%) | £4,749 |
Bridging Loan | £262,500 |
Bridging Loan Interest | £9,188 |
Flip Profit | £38,498 |
Local Rents
10 rents from £1.5K/mo to £2.6K/mo, average is £1.7K/mo.
Local Area Statistics
Population in BN2 | 93,124 |
Population in Brighton | 208,224 |
Town centre distance | 3.67 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 3.10 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +7% |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Listed for £350,000
October 15, 2024
Floor Plans

Description
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