3 Bed Bungalow, Refurb/BRRR, Petworth, GU28 0LB, £465,000
Duncton, Near Petworth, West Sussex, GU28 0LB - 2 views - 5 months ago
Under Offer
Refurb/BRRR
ROI: 1%
~93 m²





+6 photos
ValuationOvervalued
Sold Prices | £240K - £1.3M |
Sold Prices/m² | £2.8K/m² - £6.7K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £5K/m² |
Value Estimate | £390,756 |
| |
End Value (After Refurb) | £430,342 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £116,250 |
Stamp Duty & Legal Fees | £25,900 |
Refurb Costs | £43,830 |
Bridging Loan Interest | £12,206 |
Total Cash In | £199,936 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £430,342 |
Mortgage (After Refinance) | £322,756 |
Mortgage LTV | 75% |
Cash Left In | £199,936 |
Equity | £107,585 |
Rent Range | £1,700 - £2,250 |
Rent Estimate | £1,975 |
Running Costs/mo | £1,760 |
Cashflow/mo | £215 |
Cashflow/yr | £2,582 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
16 sold prices from £240K to £1.3M, average is £367.5K. £2.8K/m² to £6.7K/m², average is £4.6K/m².
Local Rents
2 rents from £1.7K/mo to £2.3K/mo, average is £2K/mo.
Local Area Statistics
Population in GU28 | 6,755 |
Population in Petworth | 6,758 |
Town centre distance | 3.96 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 5.24 miles away |
| |
Sales demand | Buyer's market |
Capital growth (5yrs) | +19% |
Property History
Listed for £465,000
November 22, 2024
Floor Plans
