3 Bed Semi-Detached House, Refurb/BRRR, Salford, M5 3HJ, £180,000
5 Buckfield Avenue, Salford, Greater Manchester, M5 3HJ - 17 views - 3 months ago
Leasehold
Refurb/BRRR
ROI: 6%
~93 m²





+7 photos
ValuationUndervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (32%) | £57,500 |
Stamp Duty & Legal Fees | £8,100 |
Refurb Costs | £39,428 |
Bridging Loan Interest | £6,038 |
Total Cash In | £112,816 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £263,092 |
Mortgage (After Refinance) | £197,319 |
Mortgage LTV | 75% |
Cash Released | £24,819 |
Cash Left In | £87,997 |
Equity | £65,773 |
Rent Range | £850 - £3,600 |
Rent Estimate | £1,791 |
Running Costs/mo | £1,200 |
Cashflow/mo | £591 |
Cashflow/yr | £7,092 |
ROI | 6% |
Gross Yield | 9% |
Local Rents
50 rents from £850/mo to £3.6K/mo, average is £1.6K/mo.
Local Area Statistics
Population in M5 | 14,445 |
Population in Salford | 88,697 |
Town centre distance | 2.52 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.34 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +35% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +6% |
Property History
Price changed to £180,000
March 8, 2025
Price changed to £210,000
February 12, 2025
Listed for £230,000
December 20, 2024
Sold for £31,250
2002
Sold for £17,250
2001
Sold for £41,400
1996
Floor Plans

Description
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