4 Bed Terraced House, Refurb/BRRR, Newcastle upon Tyne, NE4 6PU, £135,000
Hull Street, Elswick, NE4 6PU - 44 views - 5 months ago
Leasehold
Refurb/BRRR
ROI: 10%
~129 m²





+10 photos
ValuationFair Value
Sold Prices | £77.5K - £333.9K |
Sold Prices/m² | £714/m² - £3.2K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £1K/m² |
Value Estimate | £136,350 |
| |
End Value (After Refurb) | £174,672 |
Uplift in Value | +29% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £33,750 |
Stamp Duty & Legal Fees | £5,250 |
Refurb Costs | £49,479 |
Bridging Loan Interest | £3,544 |
Total Cash In | £93,773 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £174,672 |
Mortgage (After Refinance) | £131,004 |
Mortgage LTV | 75% |
Cash Released | £29,754 |
Cash Left In | £64,019 |
Equity | £43,668 |
Rent Range | £600 - £4,867 |
Rent Estimate | £1,725 |
Running Costs/mo | £911 |
Cashflow/mo | £814 |
Cashflow/yr | £9,770 |
ROI | 10% |
Gross Yield | 15% |
Local Sold Prices
26 sold prices from £77.5K to £333.9K, average is £223.5K. £714/m² to £3.2K/m², average is £1.6K/m².
Local Rents
43 rents from £600/mo to £4.9K/mo, average is £1.2K/mo.
Local Area Statistics
Population in NE4 | 37,915 |
Population in Newcastle upon Tyne | 381,037 |
Town centre distance | 2.86 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.15 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +21% |
Sales demand | Seller's market |
Capital growth (5yrs) | +26% |
Property History
Listed for £135,000
November 29, 2024