2 Bed Flat, Refurb/BRRR, Prescot, L34 5PH, £100,000





ValuationOvervalued
Sold Prices | £50K - £155K |
Sold Prices/m² | £533/m² - £2.1K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.5K/m² |
Value Estimate | £74,216 |
| |
End Value (After Refurb) | £117,884 |
Uplift in Value | +18% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £25,000 |
Stamp Duty & Legal Fees | £4,200 |
Refurb Costs | £28,709 |
Bridging Loan Interest | £2,625 |
Total Cash In | £62,284 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £117,884 |
Mortgage (After Refinance) | £88,413 |
Mortgage LTV | 75% |
Cash Released | £13,413 |
Cash Left In | £48,871 |
Equity | £29,471 |
Rent Range | £550 - £1,200 |
Rent Estimate | £750 |
Running Costs/mo | £538 |
Cashflow/mo | £212 |
Cashflow/yr | £2,539 |
ROI | 4% |
Gross Yield | 9% |
Local Sold Prices
25 sold prices from £50K to £155K, average is £75K. £533/m² to £2.1K/m², average is £1.2K/m².
Local Rents
45 rents from £550/mo to £1.2K/mo, average is £800/mo.
Local Area Statistics
Population in L34 | 12,244 |
Population in Prescot | 43,001 |
Town centre distance | 0.32 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.02 miles away |
| |
Rental growth (12m) | +39% |
Sales demand | Balanced market |
Capital growth (5yrs) | +44% |
Property History
Listed for £100,000
November 29, 2024
Floor Plans

Description
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