2 Bed Semi-Detached House, Refurb/BRRR, Durham, DH6 4BG, £85,000





ValuationFair Value
Sold Prices | £51K - £144.9K |
Sold Prices/m² | £505/m² - £2.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.2K/m² |
Value Estimate | £86,700 |
| |
End Value (After Refurb) | £113,245 |
Uplift in Value | +33% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £21,250 |
Stamp Duty & Legal Fees | £3,750 |
Refurb Costs | £26,163 |
Bridging Loan Interest | £2,231 |
Total Cash In | £55,145 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £113,245 |
Mortgage (After Refinance) | £84,934 |
Mortgage LTV | 75% |
Cash Released | £21,184 |
Cash Left In | £33,961 |
Equity | £28,311 |
Rent Range | £550 - £800 |
Rent Estimate | £631 |
Running Costs/mo | £500 |
Cashflow/mo | £131 |
Cashflow/yr | £1,571 |
ROI | 3% |
Gross Yield | 9% |
Local Sold Prices
29 sold prices from £51K to £144.9K, average is £90K. £505/m² to £2.4K/m², average is £1.3K/m².
Local Rents
10 rents from £550/mo to £800/mo, average is £613/mo.
Local Area Statistics
Population in DH6 | 33,466 |
Population in Durham | 124,445 |
Town centre distance | 5.17 miles away |
Nearest school | 0.60 miles away |
Nearest train station | 5.58 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +11% |
Sales demand | Seller's market |
Capital growth (5yrs) | +9% |
Property History
Listed for £85,000
January 28, 2025
Floor Plans

Description
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