2 Bed Flat, Refurb/BRRR, Southampton, SO19 6DR, £145,000





ValuationFair Value
Sold Prices | £84K - £525K |
Sold Prices/m² | £1.2K/m² - £5.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.1K/m² |
Value Estimate | £145,000 |
| |
End Value (After Refurb) | £193,014 |
Uplift in Value | +33% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £36,250 |
Stamp Duty & Legal Fees | £5,550 |
Refurb Costs | £30,760 |
Bridging Loan Interest | £3,806 |
Total Cash In | £78,116 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £193,014 |
Mortgage (After Refinance) | £144,761 |
Mortgage LTV | 75% |
Cash Released | £36,011 |
Cash Left In | £42,105 |
Equity | £48,254 |
Rent Range | £900 - £825,190 |
Rent Estimate | £1,165 |
Running Costs/mo | £856 |
Cashflow/mo | £309 |
Cashflow/yr | £3,706 |
ROI | 5% |
Gross Yield | 10% |
Local Sold Prices
37 sold prices from £84K to £525K, average is £159K. £1.2K/m² to £5.4K/m², average is £2.6K/m².
Local Rents
27 rents from £900/mo to £825.2K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SO19 | 55,875 |
Population in Southampton | 428,247 |
Town centre distance | 2.53 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.42 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +3% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Listed for £145,000
January 29, 2025
Floor Plans

Description
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