3 Bed Detached House, Planning Permission, Bridport, DT6 6DJ, £400,000
Morcombelake, DT6 6DJ - 3 views - 4 months ago
Planning
~93 m²





+10 photos
ValuationOvervalued
Sold Prices | £223K - £700K |
Sold Prices/m² | £1.8K/m² - £5K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £4.3K/m² |
Value Estimate | £377,119 |
| |
End Value (After Refurb) | £382,259 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £20,700 |
Refurb Costs | £37,710 |
Bridging Loan Interest | £10,500 |
Total Cash In | £170,660 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £382,259 |
Mortgage (After Refinance) | £286,694 |
Mortgage LTV | 75% |
Cash Left In | £170,660 |
Equity | £95,565 |
Rent Range | No enough data locally |
Rent Estimate | ~£400 |
Running Costs/mo | £1,295 |
Cashflow/mo | £-895 |
Cashflow/yr | £-10,735 |
Gross Yield | 1% |
Local Sold Prices
27 sold prices from £223K to £700K, average is £400K. £1.8K/m² to £5K/m², average is £4.1K/m².
Local Rents
Not enough data
Local Area Statistics
Population in DT6 | 21,663 |
Town centre distance | 3.32 miles away |
Nearest school | 2.40 miles away |
Nearest train station | 7.60 miles away |
| |
Rental growth (12m) | +29% |
Sales demand | Balanced market |
Capital growth (5yrs) | +31% |
Property History
Listed for £400,000
November 28, 2024
Floor Plans

Description
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