3 Bed Terraced House, Refurb/BRRR, Rossendale, BB4 8QL, £130,000
Burnley Road, Loveclough, Rossendale, Lancashire, BB4 8QL - 1 views - 3 months ago
Sold STC
Refurb/BRRR
ROI: 1%
~93 m²


ValuationFair Value
Sold Prices | £105K - £376K |
Sold Prices/m² | £1.2K/m² - £3.7K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.4K/m² |
Value Estimate | £130,000 |
| |
End Value (After Refurb) | £213,169 |
Uplift in Value | +64% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £32,500 |
Stamp Duty & Legal Fees | £5,100 |
Refurb Costs | £39,427 |
Bridging Loan Interest | £3,413 |
Total Cash In | £82,190 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £213,169 |
Agent Fees (1%) | £2,132 |
Bridging Loan | £97,500 |
Bridging Loan Interest | £3,413 |
Flip Profit | £31,347 |
Local Sold Prices
26 sold prices from £105K to £376K, average is £207.5K. £1.2K/m² to £3.7K/m², average is £2.1K/m².
Local Rents
50 rents from £495/mo to £3K/mo, average is £825/mo.
Local Area Statistics
Population in BB4 | 41,137 |
Town centre distance | 3.47 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 3.50 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +16% |
Sales demand | Balanced market |
Capital growth (5yrs) | +26% |
Property History
Listed for £130,000
January 14, 2025
Description
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