4 Bed Detached House, Refurb/BRRR, Louth, LN11 7SP, £220,000
62 St Peters Avenue, Cleethorpes, DN35 8HP - 2 views - 2 months ago
Refurb/BRRR
~290 m²





+3 photos
ValuationUndervalued
Sold Prices | £185K - £580K |
Sold Prices/m² | £1.8K/m² - £2.7K/m² |
| |
Square Metres | ~289.70 m² |
Price/m² | £759/m² |
Value Estimate | £226,600 |
BMV | 3% |
| |
End Value (After Refurb) | £515,022 |
Uplift in Value | +134% |
You could potentially get back more cash than you put into this deal. All your cash out plus £27,199 extra. See the breakdown |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £55,000 |
Stamp Duty & Legal Fees | £14,100 |
Refurb Costs | £117,442 |
Bridging Loan Interest | £5,775 |
Total Cash In | £194,067 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Estimated Sale Price | £515,022 |
Agent Fees (1%) | £5,150 |
Bridging Loan | £165,000 |
Bridging Loan Interest | £5,775 |
Flip Profit | £150,805 |
Local Sold Prices
8 sold prices from £185K to £580K, average is £317.5K. £1.8K/m² to £2.7K/m², average is £2.1K/m².
Local Rents
Not enough data
Local Area Statistics
Population in LN11 | 28,179 |
Population in Louth | 28,197 |
Town centre distance | 6.30 miles away |
Nearest school | 2.50 miles away |
Nearest train station | 14.17 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +12% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +9% |
Property History
Listed for £220,000
February 12, 2025
Floor Plans
