3 Bed Flat, Refurb/BRRR, London, E12 5PW, £465,000





ValuationOvervalued
Sold Prices | £177.5K - £620K |
Sold Prices/m² | £3.1K/m² - £8.1K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £5K/m² |
Value Estimate | £365,246 |
| |
End Value (After Refurb) | £465,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £116,250 |
Stamp Duty & Legal Fees | £26,700 |
Refurb Costs | £49,200 |
Bridging Loan Interest | £12,206 |
Total Cash In | £206,106 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £465,000 |
Mortgage (After Refinance) | £348,750 |
Mortgage LTV | 75% |
Cash Left In | £206,106 |
Equity | £116,250 |
Rent Range | £1,600 - £3,500 |
Rent Estimate | £2,483 |
Running Costs/mo | £1,970 |
Cashflow/mo | £513 |
Cashflow/yr | £6,159 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
29 sold prices from £177.5K to £620K, average is £327.5K. £3.1K/m² to £8.1K/m², average is £4.3K/m².
Local Rents
39 rents from £1.6K/mo to £3.5K/mo, average is £2.4K/mo.
Local Area Statistics
Population in E12 | 41,869 |
Population in London | 4,771,921 |
Town centre distance | 7.28 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.55 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +6% |
Sales demand | Balanced market |
Capital growth (5yrs) | +25% |
Property History
Price changed to £465,000
November 19, 2024
Listed for £475,000
November 4, 2024
Floor Plans

Description
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