2 Bed Terraced House, Refurb/BRRR, Bishop Auckland, DL14 6QP, £49,995
Douthwaite Road, Bishop Auckland, County Durham, DL14 6QP - 3 views - 2 months ago
Sold STC
Refurb/BRRR
Planning
ROI: 3%
~68 m²





+6 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £12,499 |
Stamp Duty & Legal Fees | £2,700 |
Refurb Costs | £26,155 |
Bridging Loan Interest | £1,312 |
Total Cash In | £44,416 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £92,158 |
Mortgage (After Refinance) | £69,118 |
Mortgage LTV | 75% |
Cash Released | £31,622 |
Cash Left In | £12,794 |
Equity | £23,039 |
Rent Range | £450 - £600 |
Rent Estimate | £544 |
Running Costs/mo | £417 |
Cashflow/mo | £127 |
Cashflow/yr | £1,526 |
ROI | 3% |
Gross Yield | 13% |
Local Rents
18 rents from £450/mo to £600/mo, average is £563/mo.
Local Area Statistics
Population in DL14 | 37,237 |
Population in Bishop Auckland | 51,200 |
Town centre distance | 0.07 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.82 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +7% |
Sales demand | Seller's market |
Capital growth (5yrs) | -4% |
Property History
Listed for £49,995
February 12, 2025
Floor Plans

Description
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