3 Bed Detached House, Planning Permission, Bishop's Stortford, CM22 6TA, £975,000
Bullocks Lane, Hope End, Takeley, Bishop's Stortford, CM22 6TA - 2 views - 20 days ago
Planning
ROI: 2%
~93 m²





+23 photos
ValuationOvervalued
Sold Prices | £315K - £580K |
Sold Prices/m² | £3.4K/m² - £6K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £10.5K/m² |
Value Estimate | £403,316 |
| |
End Value (After Refurb) | £585,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £243,750 |
Stamp Duty & Legal Fees | £69,200 |
Refurb Costs | £44,800 |
Bridging Loan Interest | £25,594 |
Total Cash In | £385,094 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £585,000 |
Mortgage (After Refinance) | £438,750 |
Mortgage LTV | 75% |
Cash Left In | £385,094 |
Equity | £146,250 |
Rent Range | £1,200 - £4,199 |
Rent Estimate | £2,955 |
Running Costs/mo | £2,439 |
Cashflow/mo | £516 |
Cashflow/yr | £6,191 |
ROI | 2% |
Gross Yield | 4% |
Local Sold Prices
27 sold prices from £315K to £580K, average is £380K. £3.4K/m² to £6K/m², average is £4.3K/m².
Local Rents
9 rents from £1.2K/mo to £4.2K/mo, average is £3.4K/mo.
Local Area Statistics
Population in CM22 | 13,712 |
Population in Bishop's Stortford | 54,088 |
Town centre distance | 5.10 miles away |
Nearest school | 0.70 miles away |
Nearest train station | 2.28 miles away |
| |
Rental growth (12m) | +4% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +4% |
Property History
Listed for £975,000
February 25, 2025
Floor Plans
