3 Bed Semi-Detached House, Refurb/BRRR, Swindon, SN3 6LY, £270,000

White Edge Moor, East Swindon, SN3 6LY - 1 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£125K - £522K
Sold Prices/m²£1.3K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£263,500

 

 

End Value (After Refurb)

£263,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Refurb Costs

£38,000

Bridging Loan Interest

£7,088

Total Cash In

£124,638

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£263,500

Mortgage (After Refinance)

£197,625

Mortgage LTV

75%

Cash Left In

£124,638

Equity

£65,875

Rent Range

£1,250 - £1,700

Rent Estimate

£1,456

Running Costs/mo

£1,135

Cashflow/mo

£321

Cashflow/yr

£3,856

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £125K to £522K, average is £240K. £1.3K/m² to £4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£275K05/210.07 mi6, Matley Moor, Swindon SN3 6NL3
£305K08/210.09 mi16, Hollinsmoor, Swindon SN3 6NJ3
£262K05/230.09 mi70, Ridge Nether Moor, Liden, Swindon SN3 6ND3
£194K03/210.09 mi60, Ridge Nether Moor, Swindon SN3 6ND3
£210K03/210.09 mi39, Ridge Nether Moor, Swindon, Thamesdown SN3 6ND3
£255K05/210.12 mi129, White Edge Moor, Liden, Swindon SN3 6LZ3
£210K08/210.12 mi1, Abney Moor, Swindon SN3 6NN3
£273K05/230.14 mi30, Tryon Close, Swindon SN3 6HG3
£230K07/210.14 mi29, Tryon Close, Swindon, Thamesdown SN3 6HG3
£295K01/230.14 mi40, Matley Moor, Swindon SN3 6NL3
£186K02/210.15 mi10, Ridge Nether Moor, Swindon SN3 6NB3
£222K04/210.17 mi27, Hallam Moor, Swindon, Thamesdown SN3 6LS3
£253K04/230.17 mi32, Hallam Moor, Swindon SN3 6LS3
£230K12/210.18 mi10, White Edge Moor, Swindon, Thamesdown SN3 6LU3
£215K04/210.18 mi78, White Edge Moor, Swindon, Thamesdown SN3 6LU3
£125K08/210.21 mi36, Barrington Close, Swindon SN3 6HF3
£225K12/200.21 mi64, Barrington Close, Swindon SN3 6HF3
£203K05/210.21 mi19, Barrington Close, Swindon, Thamesdown SN3 6HF3
£249K02/230.22 mi11, Barrington Close, Swindon SN3 6HF3
£178.5K03/210.26 mi35, Edale Moor, Swindon SN3 6LT3
£224K09/210.26 mi26, Edale Moor, Swindon SN3 6LT3
£242K05/230.26 mi17, Edale Moor, Swindon SN3 6LT3
£280K12/200.29 mi26, Homington Avenue, Coate, Swindon SN3 6BG3
£190K04/210.37 mi16, Eliot Close, Swindon, Thamesdown SN3 6PD3
£177K02/210.37 mi7, Eliot Close, Liden, Swindon SN3 6PD3
£190K04/210.37 mi16, Eliot Close, Swindon, Thamesdown SN3 6PD3
£262K02/230.39 mi56, Upfield, Swindon SN3 6PE3
£210K08/210.39 mi55, Upfield, Swindon SN3 6PE3
£205K10/210.44 mi11, Boldrewood, Swindon SN3 6JP3
£218K10/210.45 mi23, Anderson Close, Liden, Swindon SN3 6JW3
£238K06/230.45 mi24, Anderson Close, Liden, Swindon SN3 6JW3
£522K10/210.48 mi84, Okebourne Park, Swindon SN3 6AJ3
£265K10/210.48 mi31, Dickens Close, Swindon SN3 6JN3
£205K12/200.49 mi5, Dickens Close, Swindon SN3 6JN3
£200K02/210.56 mi3, Christie Close, Swindon SN3 6JJ3
£290K03/230.56 mi7, Roche Close, Swindon SN3 6JQ3
£195K04/210.59 mi36, Conway Road, Swindon SN3 6BU3
£245K12/200.61 mi7, Bletchley Close, Swindon SN3 6BY3
£245K12/200.61 mi7, Bletchley Close, Swindon SN3 6BY3
£271K06/230.61 mi3, Bletchley Close, Swindon SN3 6BY3
£270K12/220.61 mi74, Conan Doyle Walk, Swindon SN3 6JD3
£250K09/210.63 mi50, Austen Crescent, Swindon, Thamesdown SN3 6JF3
£260K11/210.66 mi9, Kershaw Road, Swindon SN3 6BS3
£252.5K03/210.66 mi79, Bevisland, Swindon SN3 6AN3
£250K06/230.67 mi38, Jacobs Walk, Swindon SN3 6JA3
£319K05/230.68 mi121, Overbrook, Swindon SN3 6AU3
£191K03/210.69 mi11, Wainwright Close, Swindon SN3 6JU3
£180K03/210.73 mi71, Kennedy Drive, Swindon SN3 3SD3
£275K07/230.73 mi150, Overbrook, Swindon SN3 6AX3
£300K03/230.73 mi155, Overbrook, Swindon SN3 6AX3

Local Rents

18 rents from £1.3K/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40009/240.01 miWhite Edge Moor, Liden.3
£1,40003/250.1 mi-3
£1,30009/240.12 miAbney Moor, Liden, Swindon, Wiltshire, SN33
£1,60009/240.18 mi-3
£1,60009/240.21 miBrook Road, Western Gate, Marlborough Road, Swindon, SN33
£1,70009/240.26 miBrook Road, Western Gate, Marlborough Road, Swindon, SN33
£1,35010/240.27 mi-3
£1,45009/240.37 miCoate, Swindon3
£1,27509/240.39 miEast Swindon3
£1,40009/240.47 mi3 Bedroom house to rent, Mackenzie Close, Liden3
£1,40003/250.47 mi-3
£1,25012/240.51 mi-3
£1,60009/240.53 miHomington Avenue, Coate, Swindon3
£1,30009/240.55 mi-3
£1,30009/240.58 miBevisland, Eldene, Swindon3
£1,40009/240.6 miConan Doyle Walk, Liden3
£1,39509/240.61 miBushton Close, Swindon, Wiltshire, SN33
£1,35009/240.62 miOverbrook, Swindon3

Local Area Statistics

Population in SN3

51,560

Population in Swindon

211,186

Town centre distance

2.92 miles away

Nearest school

0.30 miles away

Nearest train station

2.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £270,000

January 13, 2025

Floor Plans

Description

  • Three bedroom semi-detached +
  • Ample driveway parking +
  • Detached garage +
  • No chain +
  • Two separate reception rooms +
  • Non overlooked rear garden +

Three-bedroom semi-detached home located in the highly sought-after area of East Swindon and offers a fantastic opportunity for buyers looking to create their ideal home. While the property would benefit from some modernisation, it is presented in a clean and tidy condition, making it an excellent starting point. The ground floor features two reception rooms, including a spacious main living room and a separate dining room. Outside, the property boasts a generously sized rear garden that offers privacy, as it is not overlooked, along with ample driveway parking along the entire side of the house and a detached garage. Available with no onward chain.

Agent Details

Charles Harding Estate Agents, Swindon

01793 540423

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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