2 Bed Terraced House, Refurb/BRRR, Harpenden, AL5 3BH, £425,000
Harpenden Rise, Harpenden, AL5 3BH - 2 views - 3 months ago
Sold STC
Refurb/BRRR
~68 m²





+8 photos
ValuationFair Value
Sold Prices | £350K - £1.1M |
Sold Prices/m² | £5.5K/m² - £16K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £6.2K/m² |
Value Estimate | £429,250 |
| |
End Value (After Refurb) | £486,331 |
Uplift in Value | +14% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £106,250 |
Stamp Duty & Legal Fees | £22,700 |
Refurb Costs | £33,167 |
Bridging Loan Interest | £11,156 |
Total Cash In | £175,023 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £486,331 |
Mortgage (After Refinance) | £364,748 |
Mortgage LTV | 75% |
Cash Released | £45,998 |
Cash Left In | £129,025 |
Equity | £121,583 |
Rent Range | £1,100 - £2,350 |
Rent Estimate | £1,540 |
Running Costs/mo | £1,848 |
Cashflow/mo | £-308 |
Cashflow/yr | £-3,696 |
Gross Yield | 4% |
Local Sold Prices
30 sold prices from £350K to £1.1M, average is £462.5K. £5.5K/m² to £16K/m², average is £7.3K/m².
Local Rents
42 rents from £1.1K/mo to £2.4K/mo, average is £1.5K/mo.
Local Area Statistics
Population in AL5 | 30,462 |
Town centre distance | 0.42 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.90 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Seller's market |
Capital growth (5yrs) | +17% |
Property History
Listed for £425,000
January 9, 2025
Floor Plans

Description
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