3 Bed Terraced House, Refurb/BRRR, Stockport, SK2 6QP, £220,000
312 Shaw Heath, Stockport - 5 months ago
Sold STC
Refurb/BRRR
ROI: 3%
~93 m²





+9 photos
ValuationUndervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £55,000 |
Stamp Duty & Legal Fees | £14,100 |
Refurb Costs | £39,428 |
Bridging Loan Interest | £5,775 |
Total Cash In | £116,053 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £228,578 |
Mortgage (After Refinance) | £171,434 |
Mortgage LTV | 75% |
Cash Released | £6,434 |
Cash Left In | £109,620 |
Equity | £57,145 |
Rent Range | £950 - £1,500 |
Rent Estimate | £1,298 |
Running Costs/mo | £994 |
Cashflow/mo | £304 |
Cashflow/yr | £3,649 |
ROI | 3% |
Gross Yield | 7% |
Local Rents
21 rents from £950/mo to £1.5K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SK2 | 29,451 |
Population in Stockport | 181,140 |
Town centre distance | 1.47 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.37 miles away |
| |
Rental growth (12m) | +2% |
Sales demand | Seller's market |
Capital growth (5yrs) | +36% |
Property History
Listed for £220,000
November 20, 2024
Floor Plans

Description
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