5 Bed Terraced House, Refurb/BRRR, Lancaster, LA1 1YS, £395,000





ValuationFair Value
Sold Prices | £250K - £1.0M |
Sold Prices/m² | £1.6K/m² - £4.3K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £2.2K/m² |
Value Estimate | £402,900 |
| |
End Value (After Refurb) | £382,035 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £98,750 |
Stamp Duty & Legal Fees | £30,700 |
Refurb Costs | £72,080 |
Bridging Loan Interest | £10,369 |
Total Cash In | £213,649 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £382,035 |
Mortgage (After Refinance) | £286,526 |
Mortgage LTV | 75% |
Cash Left In | £213,649 |
Equity | £95,509 |
Rent Range | £481 - £3,250 |
Rent Estimate | £1,131 |
Running Costs/mo | £1,440 |
Cashflow/mo | £-309 |
Cashflow/yr | £-3,709 |
Gross Yield | 3% |
Local Sold Prices
30 sold prices from £250K to £1.0M, average is £462.5K. £1.6K/m² to £4.3K/m², average is £2.5K/m².
Local Rents
41 rents from £481/mo to £3.3K/mo, average is £1.1K/mo.
Local Area Statistics
Population in LA1 | 52,095 |
Population in Lancaster | 74,075 |
Town centre distance | 0.78 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.18 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +34% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Price changed to £395,000
February 12, 2025
Listed for £450,000
November 2, 2024
Floor Plans



Description
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