2 Bed Flat, Refurb/BRRR, Polegate, BN26 6AN, £135,000





ValuationFair Value
Sold Prices | £149.9K - £295K |
Sold Prices/m² | £2.5K/m² - £3.8K/m² |
| |
Square Metres | ~51.10 m² |
Price/m² | £2.6K/m² |
Value Estimate | £137,700 |
| |
End Value (After Refurb) | £182,488 |
Uplift in Value | +35% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £33,750 |
Stamp Duty & Legal Fees | £8,150 |
Refurb Costs | £24,176 |
Bridging Loan Interest | £3,544 |
Total Cash In | £71,370 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £182,488 |
Mortgage (After Refinance) | £136,866 |
Mortgage LTV | 75% |
Cash Released | £35,616 |
Cash Left In | £35,754 |
Equity | £45,622 |
Rent Range | £975 - £1,530 |
Rent Estimate | £1,250 |
Running Costs/mo | £840 |
Cashflow/mo | £410 |
Cashflow/yr | £4,917 |
ROI | 7% |
Gross Yield | 11% |
Local Sold Prices
26 sold prices from £149.9K to £295K, average is £184.9K. £2.5K/m² to £3.8K/m², average is £2.8K/m².
Local Rents
14 rents from £975/mo to £1.5K/mo, average is £1.2K/mo.
Local Area Statistics
Population in BN26 | 11,451 |
Town centre distance | 0.14 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.05 miles away |
| |
Rental growth (12m) | +38% |
Sales demand | Balanced market |
Capital growth (5yrs) | +19% |
Property History
Listed for £135,000
January 31, 2025
Floor Plans

Description
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