3 Bed Semi-Detached House, Refurb/BRRR, Barnstaple, EX32 8DL, £260,000





ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (26%) | £68,750 |
Stamp Duty & Legal Fees | £10,700 |
Refurb Costs | £38,000 |
Bridging Loan Interest | £7,219 |
Total Cash In | £126,419 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £292,668 |
Mortgage (After Refinance) | £219,501 |
Mortgage LTV | 75% |
Cash Released | £13,251 |
Cash Left In | £113,168 |
Equity | £73,167 |
Rent Range | £730 - £2,500 |
Rent Estimate | £1,280 |
Running Costs/mo | £1,191 |
Cashflow/mo | £89 |
Cashflow/yr | £1,068 |
ROI | 1% |
Gross Yield | 6% |
Local Rents
15 rents from £730/mo to £2.5K/mo, average is £1K/mo.
Local Area Statistics
Population in EX32 | 23,896 |
Population in Barnstaple | 48,982 |
Town centre distance | 0.65 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.84 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +33% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +13% |
Property History
Price changed to £260,000
February 12, 2025
Listed for £275,000
January 13, 2025
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
2 Bed House, Refurb/BRRR, Barnstaple, EX32 8AE
£260,000
1 views • 7 months ago • 59 m²
3 Bed House, Refurb/BRRR, Barnstaple, EX32 8AP
£240,000
3 views • 8 months ago • 93 m²
3 Bed Bungalow, Refurb/BRRR, Barnstaple, EX32 8DH
£365,000
4 months ago • 103 m²
3 Bed House, Refurb/BRRR, Barnstaple, EX32 7ED
£199,950
1 views • 8 months ago • 80 m²