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3 Bed Detached House, Refurb/BRRR, Salisbury, SP2 0DT, £375,000





ValuationFair Value
Sold Prices | £200K - £495K |
Sold Prices/m² | £1.8K/m² - £4.8K/m² |
| |
Square Metres | ~125.50 m² |
Price/m² | £3K/m² |
Value Estimate | £382,500 |
| |
End Value (After Refurb) | £357,326 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £93,750 |
Stamp Duty & Legal Fees | £28,700 |
Refurb Costs | £51,280 |
Bridging Loan Interest | £9,844 |
Total Cash In | £185,323 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £357,326 |
Mortgage (After Refinance) | £267,995 |
Mortgage LTV | 75% |
Cash Left In | £185,323 |
Equity | £89,332 |
Rent Range | £675 - £10,000 |
Rent Estimate | £1,239 |
Running Costs/mo | £1,384 |
Cashflow/mo | £-145 |
Cashflow/yr | £-1,745 |
Gross Yield | 4% |
Local Sold Prices
24 sold prices from £200K to £495K, average is £298.8K. £1.8K/m² to £4.8K/m², average is £2.9K/m².
Local Rents
56 rents from £675/mo to £10K/mo, average is £973/mo.
Local Area Statistics
Population in SP2 | 28,823 |
Population in Salisbury | 93,605 |
Town centre distance | 3.06 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 2.91 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +11% |
Sales demand | Seller's market |
Capital growth (5yrs) | +18% |
Property History
Listed for £375,000
December 4, 2024
Floor Plans

Description
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