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3 Bed Semi-Detached House, Refurb/BRRR, Worcester, WR6 6JY, £295,000





ValuationOvervalued
Sold Prices | £220K - £570K |
Sold Prices/m² | £1.9K/m² - £6.7K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £3.2K/m² |
Value Estimate | £281,250 |
| |
End Value (After Refurb) | £332,936 |
Uplift in Value | +13% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £73,750 |
Stamp Duty & Legal Fees | £12,300 |
Refurb Costs | £36,600 |
Bridging Loan Interest | £7,744 |
Total Cash In | £132,144 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £332,936 |
Mortgage (After Refinance) | £249,702 |
Mortgage LTV | 75% |
Cash Released | £28,452 |
Cash Left In | £103,692 |
Equity | £83,234 |
Rent Range | £850 - £2,500 |
Rent Estimate | £1,235 |
Running Costs/mo | £1,307 |
Cashflow/mo | £-72 |
Cashflow/yr | £-869 |
Gross Yield | 5% |
Local Sold Prices
21 sold prices from £220K to £570K, average is £350K. £1.9K/m² to £6.7K/m², average is £3K/m².
Local Rents
7 rents from £850/mo to £2.5K/mo, average is £1.1K/mo.
Local Area Statistics
Population in WR6 | 12,214 |
Population in Worcester | 142,140 |
Town centre distance | 8.31 miles away |
Nearest school | 1.30 miles away |
Nearest train station | 7.30 miles away |
| |
Rental growth (12m) | +35% |
Sales demand | Balanced market |
Capital growth (5yrs) | +38% |
Property History
Listed for £295,000
December 26, 2024
Floor Plans

Description
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