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4 Bed HMO, Swindon, SN2 2HA £225,000
ValuationFair Value
| Sold Prices | £190.5K - £700K |
| Sold Prices/m² | £1.7K/m² - £9.7K/m² |
| |
Square Metres | 99 m² |
| Price/m² | £2.3K/m² |
Value Estimate | £225,000 |
| |
End Value (After Refurb) | £238,674 |
Uplift in Value | +6% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £56,250 |
Stamp Duty & Legal Fees | £7,950 |
Refurb Costs | £40,452 |
Bridging Loan Interest | £5,906 |
Total Cash In | £112,308 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £238,674 |
Mortgage (After Refinance) | £179,005 |
Mortgage LTV | 75% |
Cash Released | £10,255 |
Cash Left In | £102,052 |
Equity | £59,668 |
Room Rate | £620 |
Gross Rent | £2,480 |
Running Costs/mo | £1,726 |
Cashflow/mo | £754 |
Cashflow/yr | £9,048 |
ROI | 8% |
Gross Yield | 13% |
Local Sold Prices
40 sold prices from £190.5K to £700K, average is £375K. £1.7K/m² to £9.7K/m², average is £3K/m².
Local Area Statistics
Population in SN2 | 41,193 |
Population in Swindon | 211,186 |
Town centre distance | 1.02 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.79 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +25% |
Sales demand | Seller's market |
Capital growth (5yrs) | +29% |
Property History
Listed for £225,000
January 23, 2025
Floor Plans
Description
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