3 Bed Semi-Detached House, Cash/Bridging Only, Derby, DE21 7JS, £270,000
Chapel Lane, Spondon, DE21 7JS - a month ago
Cash
ROI: 1%
~93 m²





+17 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £67,500 |
Stamp Duty & Legal Fees | £10,300 |
Refurb Costs | £37,600 |
Bridging Loan Interest | £7,088 |
Total Cash In | £124,238 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £240,000 |
Mortgage (After Refinance) | £180,000 |
Mortgage LTV | 75% |
Cash Left In | £124,238 |
Equity | £60,000 |
Rent Range | £875 - £1,200 |
Rent Estimate | £1,027 |
Running Costs/mo | £975 |
Cashflow/mo | £52 |
Cashflow/yr | £619 |
ROI | 0% |
Gross Yield | 5% |
Local Rents
12 rents from £875/mo to £1.2K/mo, average is £1K/mo.
Local Area Statistics
Population in DE21 | 57,023 |
Population in Derby | 308,324 |
Town centre distance | 2.92 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.82 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | 0% |
Sales demand | Seller's market |
Capital growth (5yrs) | +37% |
Property History
Listed for £270,000
February 11, 2025
Floor Plans
