6 Bed Detached House, Refurb/BRRR, Peacehaven, BN10 8AA, £800,000
19 The Lookout, Peacehaven, BN10 8AA - a month ago
Refurb/BRRR
189 m²





+8 photos
ValuationOvervalued
Sold Prices | £350K - £2.0M |
Sold Prices/m² | £2.1K/m² - £5.5K/m² |
| |
Square Metres | 189 m² |
Price/m² | £4.2K/m² |
Value Estimate | £502,282 |
| |
End Value (After Refurb) | £734,114 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £200,000 |
Stamp Duty & Legal Fees | £52,700 |
Refurb Costs | £89,419 |
Bridging Loan Interest | £21,000 |
Total Cash In | £364,869 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £734,114 |
Mortgage (After Refinance) | £550,586 |
Mortgage LTV | 75% |
Cash Left In | £364,869 |
Equity | £183,529 |
Rent Range | £1,500 - £2,600 |
Rent Estimate | £1,856 |
Running Costs/mo | £2,685 |
Cashflow/mo | £-829 |
Cashflow/yr | £-9,952 |
Gross Yield | 3% |
Local Sold Prices
9 sold prices from £350K to £2.0M, average is £505K. £2.1K/m² to £5.5K/m², average is £2.8K/m².
Local Rents
16 rents from £1.5K/mo to £2.6K/mo, average is £1.9K/mo.
Local Area Statistics
Population in BN10 | 18,563 |
Population in Peacehaven | 18,566 |
Town centre distance | 1 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 1.60 miles away |
| |
Rental growth (12m) | +12% |
Sales demand | Seller's market |
Capital growth (5yrs) | +20% |
Property History
Listed for £800,000
February 20, 2025
Floor Plans
