3 Bed Terraced House, Refurb/BRRR, Watford, WD19 5AY, £450,000
The Hoe, Carpenders Park, WD19 5AY - 10 views - 4 months ago
Under Offer
Refurb/BRRR
ROI: 2%
~93 m²





+13 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £112,500 |
Stamp Duty & Legal Fees | £24,700 |
Refurb Costs | £49,200 |
Bridging Loan Interest | £11,813 |
Total Cash In | £199,963 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £495,326 |
Mortgage (After Refinance) | £371,495 |
Mortgage LTV | 75% |
Cash Released | £33,995 |
Cash Left In | £165,968 |
Equity | £123,832 |
Rent Range | £2,000 - £3,500 |
Rent Estimate | £2,380 |
Running Costs/mo | £2,044 |
Cashflow/mo | £336 |
Cashflow/yr | £4,032 |
ROI | 2% |
Gross Yield | 6% |
Local Rents
12 rents from £2K/mo to £3.5K/mo, average is £2.1K/mo.
Local Area Statistics
Population in WD19 | 27,274 |
Population in Watford | 117,094 |
Town centre distance | 2.07 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.38 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +11% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Listed for £450,000
November 11, 2024
Floor Plans

Description
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