2 Bed Bungalow, Refurb/BRRR, Bradford, BD3 0PE, £140,000

8 Gainsborough Close, Bradford, BD3 0PE - 3 months ago

Sold STC

Refurb/BRRR

ROI: 2%

~68 m²

+20 photos

ValuationOvervalued

Sold Prices	£55K - £250K
Sold Prices/m²	£679/m² - £3K/m²

Square Metres	~68.11 m²
Price/m²	£2.1K/m²
Value Estimate	£109,235£109,235

End Value (After Refurb)	£136,500£136,500

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£35,000£35,000
Stamp Duty & Legal Fees	£8,200£8,200
Refurb Costs	£26,951£26,951
Bridging Loan Interest	£3,675£3,675
Total Cash In	£75,576£75,576

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£136,500£136,500
Mortgage (After Refinance)	£102,375£102,375
Mortgage LTV	75%75%
Cash Left In	£75,576£75,576
Equity	£34,125£34,125
Rent Range	£495 - £1,575£495 - £1,575
Rent Estimate	£698
Running Costs/mo	£586£586
Cashflow/mo	£112£112
Cashflow/yr	£1,342£1,342
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £55K to £250K, average is £97.5K. £679/m² to £3K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£140K	08/22	0.1 mi	105, Harrogate Street, Bradford, West Yorkshire BD3 0LE	-	-	2	Semi-Detached House
£112.5K	03/23	0.16 mi	4, Peel Park Terrace, Bradford, West Yorkshire BD2 4PL	£1,389	81	2	Terraced House
£62.5K	03/23	0.16 mi	61, Harrogate Street, Bradford, West Yorkshire BD3 0LG	£679	92	2	Terraced House
£63K	04/23	0.16 mi	39, Harrogate Street, Bradford, West Yorkshire BD3 0LG	£1,068	59	2	Terraced House
£80K	04/21	0.17 mi	22, Oxford Road, Bradford, West Yorkshire BD2 4PN	£899	89	2	Terraced House
£90K	12/22	0.17 mi	3, Oxford Road, Bradford, West Yorkshire BD2 4PN	-	-	2	Terraced House
£62.5K	05/21	0.17 mi	11, Peel Park Terrace, Bradford, West Yorkshire BD2 4PL	-	-	2	Terraced House
£63K	06/23	0.22 mi	5, Quarry Place, Bradford, West Yorkshire BD2 4NA	£1,212	52	2	Terraced House
£92K	07/23	0.22 mi	1, Quarry Place, Bradford, West Yorkshire BD2 4NA	£1,484	62	2	Semi-Detached House
£250K	10/21	0.26 mi	29, Buttermere Road, Bradford, West Yorkshire BD2 4JA	-	-	2	Detached House
£142K	04/23	0.28 mi	46, Derwent Road, Bradford, West Yorkshire BD2 4HR	-	-	2	Semi-Detached House
£150K	06/21	0.34 mi	Peel Park Lodge, Cliffe Road, Bradford, West Yorkshire BD3 0LT	£2,584	58	2	Detached House
£118.1K	02/21	0.35 mi	21, Kingsdale Drive, Bradford, West Yorkshire BD2 4DB	£2,004	59	2	Semi-Detached House
£165K	09/23	0.35 mi	42, Kingsdale Drive, Bradford, West Yorkshire BD2 4DB	£3,000	55	2	Semi-Detached House
£176K	12/20	0.36 mi	4, Ashbourne Drive, Bradford, West Yorkshire BD2 4AQ	£1,492	118	2	Semi-Detached House
£75K	06/23	0.37 mi	168, Undercliffe Road, Bradford, West Yorkshire BD2 3DD	£1,596	47	2	Terraced House
£91.5K	03/21	0.37 mi	262, Dudley Hill Road, Bradford, West Yorkshire BD2 3DF	£1,408	65	2	Terraced House
£90K	12/20	0.37 mi	250, Dudley Hill Road, Bradford, West Yorkshire BD2 3DF	£1,286	70	2	Terraced House
£90K	01/21	0.37 mi	20, Peterborough Road, Bradford, West Yorkshire BD2 3AR	£1,154	78	2	Terraced House
£86K	05/21	0.37 mi	17, Peterborough Road, Bradford, West Yorkshire BD2 3AR	-	-	2	Terraced House
£100K	05/21	0.37 mi	4, Chatham Street, Bradford, West Yorkshire BD3 0JG	£2,272	44	2	Semi-Detached House
£115K	11/20	0.37 mi	9, Ashbourne Gardens, Bradford, West Yorkshire BD2 4AE	£1,691	68	2	Semi-Detached House
£85K	02/23	0.38 mi	16, Peterborough Road, Bradford, West Yorkshire BD2 3AR	£904	94	2	Terraced House
£150K	05/23	0.39 mi	4, Palmerston Street, Bradford, West Yorkshire BD2 3AS	-	-	2	Semi-Detached House
£150K	06/21	0.39 mi	Peel Park Lodge, Cliffe Road, Bradford, West Yorkshire BD3 0LT	£2,584	58	2	Detached House
£80K	11/20	0.39 mi	24, Sunnyside Lane, Bradford, West Yorkshire BD3 0JB	£1,042	77	2	Terraced House
£110K	06/23	0.4 mi	8, Ashbourne Grove, Bradford, West Yorkshire BD2 4AF	£1,386	79	2	Semi-Detached House
£126K	09/21	0.41 mi	46, Kingsdale Crescent, Bradford, West Yorkshire BD2 4DA	£1,909	66	2	Semi-Detached House
£150K	05/23	0.41 mi	30, Kingsdale Crescent, Bradford, West Yorkshire BD2 4DA	£2,830	53	2	Semi-Detached House
£95K	08/21	0.42 mi	30, Ashbourne Road, Bradford, West Yorkshire BD2 4AH	£1,827	52	2	Semi-Detached House
£87K	02/21	0.42 mi	4, Sturges Grove, Bradford, West Yorkshire BD2 4SB	£1,048	83	2	Terraced House
£115K	07/23	0.42 mi	1, Intake Road, Bradford, West Yorkshire BD2 3JP	£1,730	66	2	Terraced House
£65.5K	12/22	0.44 mi	37, Harrogate Road, Bradford, West Yorkshire BD2 3DY	-	-	2	Terraced House
£90K	05/23	0.45 mi	4, Wellington Road, Bradford, West Yorkshire BD2 3AU	-	-	2	Terraced House
£100K	09/21	0.46 mi	1, Ashbourne Rise, Bradford, West Yorkshire BD2 4DJ	£1,923	52	2	Semi-Detached House
£105K	03/21	0.46 mi	6, Ashbourne Rise, Bradford, West Yorkshire BD2 4DJ	£1,944	54	2	Semi-Detached House
£80K	01/23	0.46 mi	67, Northampton Street, Bradford, West Yorkshire BD3 0HS	-	-	2	Terraced House
£91K	04/21	0.46 mi	8, Manor Street, Eccleshill, Bradford, West Yorkshire BD2 3BU	£1,716	53	2	Terraced House
£110K	05/21	0.46 mi	22, Ashbourne Haven, Bradford, West Yorkshire BD2 4DN	£1,864	59	2	Semi-Detached House
£126.5K	06/21	0.47 mi	34, Queens Rise, Bradford, West Yorkshire BD2 4BS	-	-	2	Semi-Detached House
£105K	01/23	0.47 mi	12, Queens Rise, Bradford, West Yorkshire BD2 4BS	£1,667	63	2	Semi-Detached House
£108K	02/21	0.47 mi	21, Queens Rise, Bradford, West Yorkshire BD2 4BS	£1,860	58	2	Semi-Detached House
£70K	09/21	0.48 mi	2, Grovelands, Bradford, West Yorkshire BD2 4HQ	£1,228	57	2	Semi-Detached House
£90K	07/21	0.49 mi	59, Undercliffe Road, Bradford, West Yorkshire BD2 3BP	£1,323	68	2	Terraced House
£55K	03/23	0.49 mi	9, Higher Intake Road, Bradford, West Yorkshire BD2 4SQ	£846	65	2	Terraced House
£75K	12/22	0.49 mi	7, Higher Intake Road, Bradford, West Yorkshire BD2 4SQ	-	-	2	Terraced House
£67.5K	10/21	0.49 mi	6, Ashbourne Avenue, Bradford, West Yorkshire BD2 4AP	£1,300	52	2	Semi-Detached House
£120K	12/22	0.49 mi	12, Ashbourne Avenue, Bradford, West Yorkshire BD2 4AP	£2,308	52	2	Semi-Detached House
£115K	07/21	0.49 mi	25, Ashbourne Oval, Bradford, West Yorkshire BD2 4DH	-	-	2	Semi-Detached House
£127K	10/21	0.49 mi	18, Ashbourne Oval, Bradford, West Yorkshire BD2 4DH	£2,190	58	2	Semi-Detached House

Local Rents

28 rents from £495/mo to £1.6K/mo, average is £695/mo.

Rent	Date	Distance	Address	Beds	Type
£695	05/24	0.14 mi	-	2	Terraced House
£695	04/24	0.14 mi	Harrogate Street, Bradford, BD3	2	Terraced House
£725	03/24	0.17 mi	Sydenham Place, Bradford	2	Flat
£685	03/24	0.17 mi	Sydenham Place, Bradford	2	Terraced House
£600	12/23	0.22 mi	-	2	Flat
£1,575	04/25	0.24 mi	-	2	Flat
£758	03/24	0.28 mi	Francis House, Hatfield Road, Bradford, BD2 4QD	2	Flat
£650	02/25	0.3 mi	-	2	Terraced House
£650	04/25	0.3 mi	-	2	Terraced House
£650	04/25	0.3 mi	-	2	Terraced House
£775	03/24	0.37 mi	Peterborough Road, Bradford, BD2	2	Flat
£775	04/24	0.37 mi	-	2	Terraced House
£625	12/24	0.37 mi	-	2	Terraced House
£825	01/25	0.4 mi	-	2	Flat
£750	02/24	0.4 mi	-	2	Semi-Detached House
£850	03/25	0.4 mi	-	2	Flat
£695	04/25	0.41 mi	-	2	Flat
£800	02/24	0.42 mi	-	2	Semi-Detached House
£650	12/24	0.46 mi	-	2	Semi-Detached House
£650	02/24	0.49 mi	-	2	Terraced House
£495	12/24	0.49 mi	-	2	Flat
£900	04/25	0.49 mi	-	2	Bungalow
£500	05/24	0.5 mi	-	2	Flat
£500	12/24	0.5 mi	-	2	Flat
£775	02/25	0.52 mi	-	2	Terraced House
£725	02/24	0.54 mi	-	2	Terraced House
£650	03/24	0.56 mi	Cranmer Road, BRADFORD	2	Flat
£895	01/25	0.6 mi	-	2	Bungalow

Local Area Statistics

Population in BD3	33,20533,205
Population in Bradford	357,773357,773
Town centre distance	1.84 miles away1.84 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.02 miles away1.02 miles away

Rental growth (12m)	+19%+19%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+38%+38%

Property History

Listed for £140,000

February 3, 2025

Floor Plans

Description

REASONS WHY WE LOVE THIS HOUSE +
True bungalow +
two bedrooms +
18ft living room +
In need of updating +
Enviable plot +

NO CHAIN – semi-detached TRUE BUNGALOW currently providing two bedroom accommodation. Occupying an enviable plot and offering new owners an opportunity to make their own mark. The 18ft living room, mature gardens and garage further add to the appeal here. Contact Robert Watts to arrange YOUR VIEWING today.