4 Bed Semi-Detached House, Cash/Bridging Only, Gateshead, NE11 9XH, £220,000





ValuationUndervalued
Sold Prices | £140K - £435K |
Sold Prices/m² | £1.2K/m² - £3.3K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £1.7K/m² |
Value Estimate | £226,600 |
BMV | 3% |
| |
End Value (After Refurb) | £227,026 |
Uplift in Value | +3% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £55,000 |
Stamp Duty & Legal Fees | £7,800 |
Refurb Costs | £49,479 |
Bridging Loan Interest | £5,775 |
Total Cash In | £119,804 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £227,026 |
Mortgage (After Refinance) | £170,269 |
Mortgage LTV | 75% |
Cash Released | £5,269 |
Cash Left In | £114,535 |
Equity | £56,756 |
Rent Range | £785 - £1,300 |
Rent Estimate | £1,100 |
Running Costs/mo | £949 |
Cashflow/mo | £151 |
Cashflow/yr | £1,807 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
30 sold prices from £140K to £435K, average is £262.5K. £1.2K/m² to £3.3K/m², average is £2.1K/m².
Local Rents
17 rents from £785/mo to £1.3K/mo, average is £1.1K/mo.
Local Area Statistics
Population in NE11 | 16,348 |
Population in Gateshead | 122,353 |
Town centre distance | 2.32 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.27 miles away |
| |
Rental growth (12m) | +34% |
Sales demand | Seller's market |
Capital growth (5yrs) | +30% |
Property History
Listed for £220,000
December 22, 2024
Sold for £133,000
2008
Sold for £125,000
2005
Sold for £73,000
2001
Sold for £67,950
2000
Description
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