8 Bed HMO, Whitley Bay, NE26 1PA, £350,000
North Parade, Whitley Bay, Tyne and Wear, NE26 1PA - 42 views - 3 months ago
HMO
Refurb/BRRR
ROI: 6%
~248 m²





+13 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £87,500 |
Stamp Duty & Legal Fees | £16,700 |
Refurb Costs | £95,267 |
Bridging Loan Interest | £9,188 |
Total Cash In | £210,404 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £506,658 |
Agent Fees (1%) | £5,067 |
Bridging Loan | £262,500 |
Bridging Loan Interest | £9,188 |
Flip Profit | £28,687 |
Property History
Listed for £350,000
January 6, 2025
Floor Plans

Description
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