2 Bed Terraced House, Refurb/BRRR, Bradford, BD3 7BG, £150,000

Grange Grove, Thornbury, Bradford, BD3 7BG - 5 views - 2 months ago

Refurb/BRRR
ROI: 5%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£43.5K - £810K
Sold Prices/m²£702/m² - £11.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£130,983

 

 

End Value (After Refurb)

£114,162

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£26,951

Bridging Loan Interest

£3,938

Total Cash In

£75,839

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£114,162

Mortgage (After Refinance)

£85,622

Mortgage LTV

75%

Cash Left In

£75,839

Equity

£28,541

Rent Range

£595 - £1,400

Rent Estimate

£854

Running Costs/mo

£548

Cashflow/mo

£306

Cashflow/yr

£3,677

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £43.5K to £810K, average is £150K. £702/m² to £11.4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£111K03/230.16 mi21, Woodhall Place, Bradford, West Yorkshire BD3 7BX2
£58K06/210.2 mi32, Woodhall Avenue, Bradford, West Yorkshire BD3 7BU2
£65K09/210.2 mi65, Woodhall Avenue, Bradford, West Yorkshire BD3 7BU2
£100K05/210.2 mi57, Woodhall Avenue, Bradford, West Yorkshire BD3 7BU2
£100K05/210.2 mi57, Woodhall Avenue, Bradford, West Yorkshire BD3 7BU2
£84.5K12/200.2 mi24, Woodhall Avenue, Bradford, West Yorkshire BD3 7BU2
£67.5K02/210.2 mi40, Woodhall Avenue, Bradford, West Yorkshire BD3 7BU2
£65K09/210.2 mi65, Woodhall Avenue, Bradford, West Yorkshire BD3 7BU2
£70K10/210.21 mi9, Woodhall Avenue, Bradford, West Yorkshire BD3 7BY2
£100K01/230.21 mi68, Woodhall Road, Thornbury, Bradford, West Yorkshire BD3 7BT2
£92.5K03/210.21 mi116, Woodhall Road, Bradford, West Yorkshire BD3 7BT2
£810K12/200.22 mi36, Woodhall Road, Thornbury, Bradford, West Yorkshire BD3 7BS2
£173K01/240.23 mi4, Moorland Crescent, Pudsey, West Yorkshire LS28 8EW2
£195K08/240.23 mi6, Moorland Crescent, Pudsey, West Yorkshire LS28 8EW2
£160.7K07/210.23 mi14, Moorland Crescent, Pudsey, West Yorkshire LS28 8EW2
£109K10/220.24 mi4, Linden Avenue, Bradford, West Yorkshire BD3 7AL2
£93.8K02/230.24 mi39, Woodhall Road, Thornbury, Bradford, West Yorkshire BD3 7BT2
£150K12/200.3 mi18, Moorland Road, Pudsey, West Yorkshire LS28 8EJ2
£150K11/200.3 mi16, Moorland Road, Pudsey, West Yorkshire LS28 8EJ2
£207K12/230.31 mi136, Peckover Drive, Pudsey, West Yorkshire LS28 8EG2
£162K05/240.32 mi5, Calverley Moor Avenue, Pudsey, West Yorkshire LS28 8EL2
£192.5K04/230.35 mi5, Moorland Grove, Pudsey, West Yorkshire LS28 8EP2
£84K04/210.4 mi37, Burlington Avenue, Bradford, West Yorkshire BD3 7DY2
£157.5K02/210.41 mi41, Daleside Grove, Pudsey, West Yorkshire LS28 8HF2
£180K12/210.43 mi42, Chatsworth Crescent, Pudsey, West Yorkshire LS28 8LD2
£197K01/230.46 mi27, Galloway Lane, Pudsey, West Yorkshire LS28 7UG2
£43.5K03/210.47 mi11, Rushton Road, Bradford, West Yorkshire BD3 8JQ2
£176K06/240.53 mi58, Ederoyd Crescent, Stanningley, Pudsey, West Yorkshire LS28 7QU2
£222.5K08/210.53 mi14, Thorne Close, Pudsey, West Yorkshire LS28 7UQ2
£210K09/230.59 mi29, The Fairway, Stanningley, Pudsey, West Yorkshire LS28 7RD2
£240K01/230.59 mi65, The Fairway, Stanningley, Pudsey, West Yorkshire LS28 7RD2
£157K11/200.59 mi67, The Fairway, Stanningley, Pudsey, West Yorkshire LS28 7RD2
£268.5K11/230.6 mi22, Woodhall Croft, Stanningley, Pudsey, West Yorkshire LS28 7TU2
£295K02/240.63 mi2, The Fairway, Stanningley, Pudsey, West Yorkshire LS28 7RE2
£72K03/230.64 mi14, Redmire Street, Bradford, West Yorkshire BD3 8LY2
£125K06/210.64 mi27, Tyersal Close, Bradford, West Yorkshire BD4 8HE2
£165K03/210.64 mi49, Tyersal Close, Bradford, West Yorkshire BD4 8HE2
£140K02/210.67 mi4, Womersley Place, Stanningley, Pudsey, West Yorkshire LS28 7TW2
£165K01/210.68 mi12, Owlcotes Garth, Pudsey, West Yorkshire LS28 7PJ2
£235K05/210.68 mi27, Owlcotes Garth, Pudsey, West Yorkshire LS28 7PJ2
£148K05/220.71 mi7, Charles Avenue, Bradford, West Yorkshire BD3 8HF2
£120K06/230.72 mi1, Gloucester Avenue, Bradford, West Yorkshire BD3 7LJ2
£43.9K04/210.74 mi99, Kershaw Street, Bradford, West Yorkshire BD3 8NR2
£55K05/210.75 mi102, Silverhill Road, Bradford, West Yorkshire BD3 7JJ2
£205K01/210.78 mi18, Priesthorpe Avenue, Stanningley, Pudsey, West Yorkshire LS28 7TF2
£125K01/210.82 mi17, Inghams Avenue, Pudsey, West Yorkshire LS28 7PG2
£115K08/230.83 mi343, Moorside Road, Bradford, West Yorkshire BD2 3JE2
£160K02/230.84 mi6, Tyersal Court, Bradford, West Yorkshire BD4 8EN2
£151K07/230.85 mi2, Ashfield Place, Fagley, Bradford, West Yorkshire BD2 3JB2
£170K12/220.86 mi11, Tyersal Court, Bradford, West Yorkshire BD4 8EN2

Local Rents

13 rents from £595/mo to £1.4K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£75004/250.22 mi-2
£70010/240.26 mi-2
£1,00005/240.26 miDaleside Road, Pudsey2
£90005/240.26 miDaleside Road, Pudsey2
£59504/240.28 miChapman Road, Thornbury2
£92512/240.3 mi-2
£90006/240.3 miCalverley Moor Avenue, Pudsey2
£87505/240.3 miMoorland Road, Pudsey, Leeds2
£90005/240.38 miChatsworth Road, Pudsey, Leeds2
£95005/240.48 miChatsworth Cresent, Pudsey, LS28 8LB2
£95005/240.48 miChatsworth Cresent, Pudsey, LS28 8LB2
£70002/250.58 mi-2
£1,40003/250.61 mi-2

Local Area Statistics

Population in BD3

33,205

Population in Bradford

357,773

Town centre distance

2.84 miles away

Nearest school

0.30 miles away

Nearest train station

0.91 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £150,000

February 25, 2025

Floor Plans

Description

  • Opportunity to Extend Subject to Planning +
  • Off Road Parking with Garage +
  • Renovation Opportunity +
  • Offered With Vacant Possession +
  • Large Garden with Greenhouse +

SUMMARY
With great transport links and local amenities nearby this home is full of potential. Tucked away in a cul-de-sac position. Requiring TLC this home is sure to be a popular investment.

DESCRIPTION
Offered with no chain, this two-bedroom end-terrace home offers a fantastic opportunity for first-time buyers or investors. Situated in a convenient location, the property is in good condition throughout but would benefit from some updating to reach its full potential. Inside you will find a living room, kitchen and two comfortable bedrooms. The wetroom is only three years old..

Property Information 
Offered with no chain, this two-bedroom end-terrace home offers a fantastic opportunity for first-time buyers or investors. Situated in a convenient location, the property is in good condition throughout but would benefit from some updating to reach its full potential. Inside you will find a living room, kitchen and two comfortable bedrooms. The wetroom is only three years old..

Entrance Hall 
Front entrance door to hallway.

Lounge 12' 4" max x 12' 2" max ( 3.76m max x 3.71m max )
Good sized living room with large bay window allowing plenty of natural light, gas fire (unchecked) central heating radiator.

Kitchen Diner 15' 5" max x 10' 8" max ( 4.70m max x 3.25m max )
Having useful pantry, double glazed window to the rear, central heating radiator, wall, drawer and base units, sink with drainer, double electric oven, integrated fridge, breakfast bar with hob, tiled floor, tiled splashbacks, laminate flooring to the dining area.

Landing 
Staircase to first floor.

Bedroom 1 15' 5" max x 11' 6" max ( 4.70m max x 3.51m max )
The master bedroom is a large double with fitted wardrobes, central heating radiator and double glazed window.

Bedroom 2 11' 5" max x 9' 6" max ( 3.48m max x 2.90m max )
The second bedroom is another double bedroom with central heating radiator, double glazed window.

Wet Room 7' 9" max x 5' 5" max ( 2.36m max x 1.65m max )
Only three years old with Shower, WC, wash basin, frosted glazed window to the rear. Loft access.

External 
Outside, the home boasts a generous, fenced rear garden, providing privacy and a secure space for children or pets. A greenhouse for those gardeners, while the corner plot ensures a spacious feel.

Garage 
With power.

Agents Note 
The sale of this Property is subject to grange of Probate, Please seek an update from the Branch with regards to the potential timeframes involved. NB: Probate applied for.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Pudsey

0113 519 0572

Next Steps?

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