4 Bed Detached House, Refurb/BRRR, BR2 6BE, £865,000
Heathfield Road, Keston, BR2 6BE - 5 views - 2 months ago
Refurb/BRRR
ROI: 2%
~129 m²





+12 photos
ValuationOvervalued
Sold Prices | £558.8K - £1.3M |
Sold Prices/m² | £4K/m² - £8.8K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £6.7K/m² |
Value Estimate | £646,286 |
| |
End Value (After Refurb) | £817,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £216,250 |
Stamp Duty & Legal Fees | £57,900 |
Refurb Costs | £68,719 |
Bridging Loan Interest | £22,706 |
Total Cash In | £367,325 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £817,500 |
Mortgage (After Refinance) | £613,125 |
Mortgage LTV | 75% |
Cash Left In | £367,325 |
Equity | £204,375 |
Rent Range | £700 - £6,700 |
Rent Estimate | £4,009 |
Running Costs/mo | £3,376 |
Cashflow/mo | £633 |
Cashflow/yr | £7,590 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
23 sold prices from £558.8K to £1.3M, average is £737.5K. £4K/m² to £8.8K/m², average is £5.7K/m².
Local Rents
16 rents from £700/mo to £6.7K/mo, average is £3K/mo.
Local Area Statistics
Population in BR2 | 44,903 |
Nearest school | 0.10 miles away |
Nearest train station | 1.38 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +15% |
Property History
Listed for £865,000
February 10, 2025
Floor Plans

Description
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