2 Bed Semi-Detached House, Planning Permission, Bishop's Stortford, CM22 6SF, £350,000
Elm Close, Takeley, Bishop's Stortford, Hertfordshire, CM22 6SF - 3 views - a month ago
Sold STC
Planning
ROI: 10%
~68 m²





+11 photos
ValuationOvervalued
Sold Prices | £225K - £494K |
Sold Prices/m² | £3.7K/m² - £5.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £5.1K/m² |
Value Estimate | £324,514 |
| |
End Value (After Refurb) | £328,750 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £87,500 |
Stamp Duty & Legal Fees | £16,700 |
Refurb Costs | £32,810 |
Bridging Loan Interest | £9,188 |
Total Cash In | £147,948 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £328,750 |
Mortgage (After Refinance) | £246,563 |
Mortgage LTV | 75% |
Cash Left In | £147,948 |
Equity | £82,188 |
Rent Range | £1,200 - £4,199 |
Rent Estimate | £2,824 |
Running Costs/mo | £1,612 |
Cashflow/mo | £1,212 |
Cashflow/yr | £14,542 |
ROI | 10% |
Gross Yield | 10% |
Local Sold Prices
14 sold prices from £225K to £494K, average is £303.5K. £3.7K/m² to £5.8K/m², average is £4.8K/m².
Local Rents
9 rents from £1.2K/mo to £4.2K/mo, average is £3.4K/mo.
Local Area Statistics
Population in CM22 | 13,712 |
Population in Bishop's Stortford | 54,088 |
Town centre distance | 4.40 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.54 miles away |
| |
Rental growth (12m) | +4% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +4% |
Property History
Listed for £350,000
February 5, 2025
Floor Plans

Description
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