4 Bed Terraced House, Cash/Bridging Only, Gateshead, NE11 9FF, £330,000





ValuationOvervalued
Sold Prices | £124K - £400K |
Sold Prices/m² | £1K/m² - £2.7K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £2.6K/m² |
Value Estimate | £219,875 |
| |
End Value (After Refurb) | £200,732 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £82,500 |
Stamp Duty & Legal Fees | £15,100 |
Refurb Costs | £49,479 |
Bridging Loan Interest | £8,663 |
Total Cash In | £157,492 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £200,732 |
Mortgage (After Refinance) | £150,549 |
Mortgage LTV | 75% |
Cash Left In | £157,492 |
Equity | £50,183 |
Rent Range | £785 - £4,250 |
Rent Estimate | £1,427 |
Running Costs/mo | £933 |
Cashflow/mo | £494 |
Cashflow/yr | £5,932 |
ROI | 4% |
Gross Yield | 5% |
Local Sold Prices
27 sold prices from £124K to £400K, average is £235K. £1K/m² to £2.7K/m², average is £1.7K/m².
Local Rents
20 rents from £785/mo to £4.3K/mo, average is £998/mo.
Local Area Statistics
Population in NE11 | 16,348 |
Population in Gateshead | 122,353 |
Town centre distance | 2.58 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.60 miles away |
| |
Rental growth (12m) | +34% |
Sales demand | Seller's market |
Capital growth (5yrs) | +30% |
Property History
Listed for £330,000
February 14, 2025
Description
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