5 Bed Terraced House, Refurb/BRRR, Ilford, IG1 3HQ, £850,000





ValuationOvervalued
Sold Prices | £268K - £1.1M |
Sold Prices/m² | £2.2K/m² - £8.2K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £4.8K/m² |
Value Estimate | £800,474 |
| |
End Value (After Refurb) | £902,557 |
Uplift in Value | +6% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £212,500 |
Stamp Duty & Legal Fees | £56,700 |
Refurb Costs | £94,317 |
Bridging Loan Interest | £22,313 |
Total Cash In | £387,580 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £902,557 |
Mortgage (After Refinance) | £676,918 |
Mortgage LTV | 75% |
Cash Released | £39,418 |
Cash Left In | £348,162 |
Equity | £225,639 |
Rent Range | £850 - £8,000 |
Rent Estimate | £2,537 |
Running Costs/mo | £3,348 |
Cashflow/mo | £-811 |
Cashflow/yr | £-9,731 |
Gross Yield | 4% |
Local Sold Prices
36 sold prices from £268K to £1.1M, average is £665K. £2.2K/m² to £8.2K/m², average is £4.7K/m².
Local Rents
39 rents from £850/mo to £8K/mo, average is £2.5K/mo.
Local Area Statistics
Population in IG1 | 63,569 |
Population in Ilford | 181,468 |
Town centre distance | 1.10 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.63 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +7% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +28% |
Property History
Listed for £850,000
January 14, 2025
Floor Plans

Description
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