3 Bed Flat, Refurb/BRRR, Hamilton, ML3 0FH, £210,000
Hamilton Park South, Hamilton, South Lanarkshire, ML3 0FH - 2 views - 4 months ago
Sold STC
Refurb/BRRR
ROI: 3%
~93 m²





+11 photos
ValuationOvervalued
Sold Prices | £20K - £225K |
| |
Square Metres | ~93 m² |
Value Estimate | £151,000 |
| |
End Value (After Refurb) | £165,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £52,500 |
Stamp Duty & Legal Fees | £7,500 |
Refurb Costs | £36,400 |
Bridging Loan Interest | £5,513 |
Total Cash In | £103,663 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £165,000 |
Mortgage (After Refinance) | £123,750 |
Mortgage LTV | 75% |
Cash Left In | £103,663 |
Equity | £41,250 |
Rent Range | £580 - £1,400 |
Rent Estimate | £1,011 |
Running Costs/mo | £738 |
Cashflow/mo | £273 |
Cashflow/yr | £3,278 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
21 sold prices from £20K to £225K, average is £87K.
Local Rents
18 rents from £580/mo to £1.4K/mo, average is £985/mo.
Local Area Statistics
Population in Hamilton | 51,585 |
Town centre distance | 1.63 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.56 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Seller's market |
Capital growth (5yrs) | +21% |
Property History
Listed for £210,000
December 26, 2024
Floor Plans
