5 Bed Flat, Refurb/BRRR, South Shields, NE33 5SZ, £125,000





ValuationFair Value
Sold Prices | £87K - £550K |
Sold Prices/m² | £818/m² - £3.7K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £701/m² |
Value Estimate | £126,250 |
| |
End Value (After Refurb) | £202,054 |
Uplift in Value | +62% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £31,250 |
Stamp Duty & Legal Fees | £4,950 |
Refurb Costs | £68,056 |
Bridging Loan Interest | £3,281 |
Total Cash In | £109,287 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £202,054 |
Mortgage (After Refinance) | £151,540 |
Mortgage LTV | 75% |
Cash Released | £57,790 |
Cash Left In | £51,497 |
Equity | £50,513 |
Rent Range | £550 - £2,000 |
Rent Estimate | £822 |
Running Costs/mo | £816 |
Cashflow/mo | £6 |
Cashflow/yr | £74 |
ROI | 0% |
Gross Yield | 8% |
Local Sold Prices
11 sold prices from £87K to £550K, average is £183.5K. £818/m² to £3.7K/m², average is £1.3K/m².
Local Rents
37 rents from £550/mo to £2K/mo, average is £750/mo.
Local Area Statistics
Population in NE33 | 27,262 |
Population in South Shields | 79,432 |
Town centre distance | 0.84 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.45 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +19% |
Sales demand | Seller's market |
Capital growth (5yrs) | +8% |
Property History
Listed for £125,000
January 22, 2025
Description
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