3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M35 9FA, £259,950
27 Stansfield Road, Failsworth, Manchester, M35 9PT - 2 views - a month ago
Refurb/BRRR
ROI: 3%
~93 m²





+12 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £64,988 |
Stamp Duty & Legal Fees | £9,496 |
Refurb Costs | £39,324 |
Bridging Loan Interest | £6,824 |
Total Cash In | £122,381 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £231,000 |
Mortgage (After Refinance) | £173,250 |
Mortgage LTV | 75% |
Cash Left In | £122,381 |
Equity | £57,750 |
Rent Range | £995 - £2,000 |
Rent Estimate | £1,280 |
Running Costs/mo | £998 |
Cashflow/mo | £282 |
Cashflow/yr | £3,386 |
ROI | 3% |
Gross Yield | 6% |
Local Rents
39 rents from £995/mo to £2K/mo, average is £1.3K/mo.
Local Area Statistics
Population in M35 | 20,671 |
Population in Manchester | 920,095 |
Town centre distance | 5.86 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.45 miles away |
| |
Rental growth (12m) | +90% |
Sales demand | Balanced market |
Capital growth (5yrs) | +27% |
Property History
Listed for £259,950
February 6, 2025
Description
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