3 Bed Terraced House, Refurb/BRRR, Swindon, SN2 1TQ, £180,000

Bay Tree Court, Swindon, SN2 1TQ - 7 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£126.5K - £325K
Sold Prices/m²£1.4K/m² - £8.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£185,400
BMV3%

 

 

End Value (After Refurb)

£234,087

Uplift in Value

+30%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£38,000

Bridging Loan Interest

£4,725

Total Cash In

£96,075

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£234,087

Mortgage (After Refinance)

£175,566

Mortgage LTV

75%

Cash Released

£40,566

Cash Left In

£55,509

Equity

£58,522

Rent Range

£1,075 - £2,900

Rent Estimate

£1,372

Running Costs/mo

£1,026

Cashflow/mo

£346

Cashflow/yr

£4,153

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £126.5K to £325K, average is £219.1K. £1.4K/m² to £8.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£126.5K01/210.09 mi14, Lilac Court, Swindon SN2 1TJ3
£162.5K06/230.17 mi8, Hawthorn Avenue, Swindon SN2 1RW3
£188.5K05/210.17 mi40, Hawthorn Avenue, Swindon SN2 1RW3
£225K04/240.17 mi40, Hawthorn Avenue, Swindon SN2 1RW3
£170K10/210.17 mi48, Wavell Road, Swindon SN2 1LB3
£158K03/210.17 mi1, Wavell Road, Pinehurst, Swindon SN2 1LD3
£193.5K04/210.18 mi39, Beech Avenue, Swindon SN2 1JZ3
£162K11/210.18 mi43, Beech Avenue, Swindon SN2 1JZ3
£190K02/210.22 mi5, Montgomery Avenue, Swindon, Thamesdown SN2 1LH3
£188K01/210.22 mi144, Pinehurst Road, Swindon SN2 1QP3
£207K09/230.24 mi21, Beech Avenue, Swindon SN2 1JU3
£207K07/210.27 mi31, Poplar Avenue, Swindon SN2 1RP3
£165K03/230.28 mi148, Beech Avenue, Swindon SN2 1JR3
£174K04/210.28 mi116, Beech Avenue, Swindon SN2 1JR3
£142K09/210.28 mi64, Beech Avenue, Swindon SN2 1JR3
£147K06/240.28 mi42, Beech Avenue, Swindon SN2 1JR3
£274K09/230.28 mi18, Myrtle Gardens, Swindon SN2 1SB3
£289K11/230.28 mi12, Myrtle Gardens, Swindon SN2 1SB3
£232.5K09/230.28 mi5, The Circle, Swindon SN2 1QR3
£323K03/240.32 mi99, Southbrook Street, Swindon SN2 1HJ3
£240K04/210.32 mi111, Southbrook Street, Swindon SN2 1HJ3
£225K08/210.32 mi47, Olive Grove, Swindon SN25 3DB3
£205K08/230.32 mi36, Portal Road, Swindon SN2 1PT3
£230K11/210.33 mi349, Cricklade Road, Swindon SN2 1AG3
£211K06/230.33 mi355, Cricklade Road, Swindon SN2 1AG3
£220.1K03/210.33 mi263, Cricklade Road, Swindon SN2 1AG3
£192K05/210.33 mi327, Cricklade Road, Swindon SN2 1AG3
£245K12/220.33 mi13, Portal Road, Swindon SN2 1PT3
£142.5K11/230.33 mi60, Cunningham Road, Swindon SN2 1PP3
£170K04/210.34 mi135, Beech Avenue, Swindon SN2 1LL3
£215K02/230.34 mi333, Cricklade Road, Swindon SN2 1AG3
£226K12/210.34 mi67, Olive Grove, Swindon, Thamesdown SN25 3DB3
£250K02/210.34 mi5a, Menham Close, Swindon SN2 1UX3
£285K12/220.34 mi107, Churchward Avenue, Swindon SN2 1NW3
£240K12/230.34 mi1, Laburnum Road, Swindon SN2 1QY3
£293K10/230.36 mi10, Devon Road, Swindon SN2 1PQ3
£208K12/200.37 mi352, Cricklade Road, Swindon SN2 7BB3
£260K09/210.37 mi86, Hunters Grove, Swindon SN2 1HQ3
£218K11/200.37 mi38, Tiverton Road, Swindon SN2 1AS3
£260K11/230.38 mi37, The Circle, Swindon SN2 1RB3
£272K08/210.38 mi64, Malvern Road, Swindon SN2 1AU3
£253K04/230.38 mi89, Malvern Road, Swindon SN2 1AU3
£287K02/230.38 mi58, Malvern Road, Swindon SN2 1AU3
£300K03/230.38 mi56, Malvern Road, Swindon SN2 1AU3
£260K01/240.38 mi79, Malvern Road, Swindon SN2 1AU3
£214K05/230.38 mi20, The Circle, Swindon SN2 1QZ3
£245K04/240.38 mi27, The Circle, Swindon SN2 1QZ3
£325K04/230.4 mi24, Liddington Street, Swindon SN2 1SF3
£175K11/220.4 mi209, Cricklade Road, Swindon SN2 1AE3
£246K05/230.4 mi66, Southbrook Street, Swindon SN2 1HG3

Local Rents

26 rents from £1.1K/mo to £2.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,07509/240.13 miSpindle Tree Court, Pinehurst, Swindon, SN23
£1,30003/250.15 mi-3
£1,20009/240.28 miBeech Avenue, Swindon3
£1,30009/240.34 miMenham Close, Swindon3
£1,60008/240.37 mi-3
£1,60011/240.37 mi-3
£1,60011/240.37 mi-3
£1,60011/240.37 mi-3
£1,37511/240.39 mi-3
£1,42509/240.39 miKitchener Street, Swindon, SN23
£1,40009/240.39 miHunters Grove, Swindon, Wiltshire3
£1,30008/240.39 mi-3
£1,30009/240.41 miFully furnished 3 bedroom house to rent, Kitchener Street, Ferndale3
£1,45009/240.44 miMalvern Road, SWINDON3
£1,15009/240.48 mi-3
£1,19502/250.48 mi-3
£1,25009/240.48 miCricklade Road, Gorse Hill, Swindon3
£2,65009/240.5 mi-3
£2,90002/250.5 mi-3
£2,80003/250.5 mi-3
£1,30002/240.5 mi-3
£1,10009/240.51 mi-3
£1,10009/240.51 miFerndale Road, Swindon, SN23
£1,20007/240.54 mi-3
£1,37509/240.55 miFerndale Road, Swindon3
£1,29707/240.58 mi-3

Local Area Statistics

Population in SN2

41,193

Population in Swindon

211,186

Town centre distance

0.56 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £180,000

December 26, 2024

Description

  • TERRACE HOME +

  • LOUNGE +

  • KITCHEN/DINER +

  • THREE BEDROOMS +

  • SHOWER ROOM +

  • REAR GARDEN +

  • OPEN PARKING +

  • NO ONWARD CHAIN +

SUMMARY
Allen & Harris are pleased to offer this three bedroom home for sale in Pinehurst. The property is in need of updating but offers an open plan living space. The property is being sold with NO ONWARD CHAIN. Contact the branch to view on .

DESCRIPTION
Allen & Harris are pleased to offer this three bedroom home for sale in Pinehurst. The property is in need of updating but offers an open plan living space. The property is being sold with NO ONWARD CHAIN. Contact the branch to view on .

The property offers an entrance hall, lounge, kitchen/diner, inner hall, lean too, three bedrooms, shower room and rear garden.

Located in Pinehurst, the property has both local and primary schools close by. You are also on a main bus route into Swindon town centre. The area has its own local shops and doctors surgery.

Entrance Hall 
Door to lounge, cupboard and stairs to first floor landing.

Lounge 
Window to front elevation and radiator. Opening to Kitchen/Diner.

Kitchen/Diner 
Window to rear elevation, eye and base units with sink and half bowl and drainer, space for cooker, space for washing machine, space for fridge freezer. Door to inner hall.

Inner Hall 
Door to garden and lean too.

Lean Too 
Door into garden.

First Floor Landing 
Doors to bedrooms, bathroom, loft hatch and wall mounted boiler.

Bedroom One 
Window to rear elevation and radiator.

Bedfroom Two 
Window to front elevation and radiator.

Bedroom Three 
Window to front elevation and radiator.

Shower Room 
Obscure window to rear, low level WC, sink, WC, shower and towel radiator.

Rear Garden 
Mainly stoned area with pedestrian gate access to rear.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Swindon

01793 540442

Next Steps?

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