6 Bed Detached House, Refurb/BRRR, St Albans, AL3 5LU, £1,750,000





ValuationOvervalued
Sold Prices | £800K - £3.7M |
Sold Prices/m² | £2.8K/m² - £21.9K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £9.4K/m² |
Value Estimate | £1,185,906 |
| |
End Value (After Refurb) | £1,460,526 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £437,500 |
Stamp Duty & Legal Fees | £174,950 |
Refurb Costs | £90,976 |
Bridging Loan Interest | £45,938 |
Total Cash In | £751,113 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £1,460,526 |
Mortgage (After Refinance) | £1,095,395 |
Mortgage LTV | 75% |
Cash Left In | £751,113 |
Equity | £365,132 |
Rent Range | £1,750 - £4,100 |
Rent Estimate | £2,470 |
Running Costs/mo | £5,078 |
Cashflow/mo | £-2,608 |
Cashflow/yr | £-31,298 |
Gross Yield | 2% |
Local Sold Prices
27 sold prices from £800K to £3.7M, average is £1.7M. £2.8K/m² to £21.9K/m², average is £7.4K/m².
Local Rents
25 rents from £1.8K/mo to £4.1K/mo, average is £2.2K/mo.
Local Area Statistics
Population in AL3 | 27,957 |
Population in St Albans | 114,693 |
Town centre distance | 1.21 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.60 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -34% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Listed for £1,750,000
February 6, 2025
Floor Plans


Description
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