2 Bed Terraced House, Refurb/BRRR, Warminster, BA12 8PL, £110,000

3 Broadwood Close, Warminster, Wiltshire BA12 8PL - 2 views - 2 months ago

Auction
Refurb/BRRR
ROI: 1%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£127K - £325K
Sold Prices/m²£2K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£122,400
BMV2%

 

 

End Value (After Refurb)

£199,288

Uplift in Value

+66%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,800

Refurb Costs

£27,773

Bridging Loan Interest

£2,888

Total Cash In

£64,711

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£199,288

Agent Fees (1%)

£1,993

Bridging Loan

£82,500

Bridging Loan Interest

£2,888

Flip Profit

£50,084

Local Sold Prices

50 sold prices from £127K to £325K, average is £216K. £2K/m² to £4.8K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£151K02/210.04 mi6, Foxley Close, Warminster, Wiltshire BA12 8PX2
£170K03/210.04 mi16, Chalfield Close, Warminster, Wiltshire BA12 8PR2
£220K07/230.28 mi1, Dorothy Walk, Warminster, Wiltshire BA12 8PH2
£200K03/210.4 mi10, Newport, Warminster, Wiltshire BA12 8RH2
£246K09/230.4 mi12, Newport, Warminster, Wiltshire BA12 8RH2
£260K01/240.4 mi32, Newport, Warminster, Wiltshire BA12 8RH2
£265K03/230.4 mi10, Newport, Warminster, Wiltshire BA12 8RH2
£218K03/210.4 miSilverdale, 42b, Church Street, Warminster, Wiltshire BA12 8PQ2
£245K09/210.42 miThe Coach House, 50, Copheap Lane, Warminster, Wiltshire BA12 0BH2
£265K12/200.42 mi68, Copheap Lane, Warminster, Wiltshire BA12 0BA2
£325K12/200.46 mi45, Copheap Lane, Warminster, Wiltshire BA12 0BQ2
£168K04/210.47 mi12, The Grove, Warminster, Wiltshire BA12 8QL2
£215K11/230.47 mi9, The Grove, Warminster, Wiltshire BA12 8QL2
£175K01/210.47 mi5, The Grove, Warminster, Wiltshire BA12 8QL2
£217K10/220.49 mi49, Hillbourne Close, Warminster, Wiltshire BA12 0BL2
£180K11/200.49 mi23, Hillbourne Close, Warminster, Wiltshire BA12 0BL2
£227.5K10/220.49 mi50, Hillbourne Close, Warminster, Wiltshire BA12 0BL2
£160K12/200.49 mi13, The Close, Warminster, Wiltshire BA12 9AL2
£241.5K03/210.49 miOld Coach House, The Close, Warminster, Wiltshire BA12 9AL2
£202.8K09/210.49 mi22, Silver Street, Warminster, Wiltshire BA12 8PT2
£180K09/230.49 mi28, Silver Street, Warminster, Wiltshire BA12 8PT2
£148.5K03/210.59 mi38, Vicarage Street, Warminster, Wiltshire BA12 8JF2
£180K11/220.62 mi5, Vicarage Mews, Warminster, Wiltshire BA12 7JU2
£221.5K06/230.63 mi30a, Copheap Lane, Warminster, Wiltshire BA12 0BG2
£215K11/220.64 mi18, West Street, Warminster, Wiltshire BA12 8JJ2
£220K02/240.66 mi2, Pound Street, Warminster, Wiltshire BA12 8NL2
£230K12/230.67 mi35, Sambourne Gardens, Warminster, Wiltshire BA12 8LS2
£220K12/200.67 mi44, Sambourne Gardens, Warminster, Wiltshire BA12 8LS2
£202K05/210.67 mi34, Sambourne Gardens, Warminster, Wiltshire BA12 8LS2
£250K10/230.67 mi38, Sambourne Gardens, Warminster, Wiltshire BA12 8LS2
£193K03/210.68 mi50, Camellia Drive, Warminster, Wiltshire BA12 7RR2
£205K06/230.71 mi16, Camellia Drive, Warminster, Wiltshire BA12 7RW2
£175K01/210.71 mi71, The Teasels, Warminster, Wiltshire BA12 8NU2
£278K08/230.72 mi5, Beavens Court, Warminster, Wiltshire BA12 9BS2
£245K10/200.72 mi1, Beavens Court, Warminster, Wiltshire BA12 9BS2
£185.5K02/240.72 mi26, The Ridgeway, Warminster, Wiltshire BA12 9NQ2
£285K10/200.72 mi53, The Ridgeway, Warminster, Wiltshire BA12 9NQ2
£235K07/230.73 mi59, Pound Street, Warminster, Wiltshire BA12 8NN2
£198K08/230.73 mi57, Pound Street, Warminster, Wiltshire BA12 8NN2
£127K06/210.75 mi54, East Street, Warminster, Wiltshire BA12 9BW2
£222K11/220.76 mi59, West Street, Warminster, Wiltshire BA12 8JZ2
£200K08/210.77 mi85, West Street, Warminster, Wiltshire BA12 8JZ2
£200K06/210.77 mi119, West Street, Warminster, Wiltshire BA12 8JZ2
£176K10/230.77 mi71, West Street, Warminster, Wiltshire BA12 8JZ2
£252K11/220.77 mi85, West Street, Warminster, Wiltshire BA12 8JZ2
£231.5K12/230.77 mi91, West Street, Warminster, Wiltshire BA12 8JZ2
£158K02/210.77 mi65, Pound Street, Warminster, Wiltshire BA12 8NW2
£190K07/230.8 mi83, Westleigh, Warminster, Wiltshire BA12 8NJ2
£218K08/230.81 mi25, Morley Field, Warminster, Wiltshire BA12 0BU2
£275K02/230.81 mi37, Morley Field, Warminster, Wiltshire BA12 0BU2

Local Rents

15 rents from £750/mo to £975/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85012/240.52 miSilver Street, Warminster, Wiltshire, BA122
£95010/230.53 mi-2
£89501/250.59 mi-2
£75012/240.63 miMarket Place, Warminster2
£75012/230.63 mi-2
£97506/240.63 mi-2
£80012/240.71 mi-2
£92512/240.72 miWest Street, Warminster2
£77512/240.8 miImber Road, Warminster2
£92512/240.81 miImber Road, Warminster2
£87511/230.9 mi-2
£87511/230.9 mi-2
£85012/241.11 miPepper Place, Warminster2
£82512/241.11 miPepper Place, Warminster2
£82512/241.11 miPepper Place, Warminster2

Local Area Statistics

Population in BA12

28,537

Town centre distance

0.64 miles away

Nearest school

0.40 miles away

Nearest train station

0.59 miles away

 

 

Rental growth (12m)

-16%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £110,000

March 20, 2025

Listed for £120,000

February 26, 2025

Description

  • Current EPC Rating: TBC +
  • For Sale By Unconditional Livestream Auction Tuesday 25th March 2025 at 14:00 +
  • Two Bedroom Mid Terrace Property +
  • Parking +
  • Legal Pack Available to Download Free of Charge from Our Website +
  • See Additional Fee Note +

**Guide Price £120,000 (plus fees). For Sale by Unconditional Livestream Auction Tuesday 25th March 2025 at 14:00. Two bedroom mid-terrace property, rear garden and parking. Legal pack available to download free of charge from our website. Mid-Terrace Property in Need of Updating Offering to auction, this two bedroom mid-terrace property, situated in Warminster, Wiltshire. The accommodation comprises an entrance hall, living room, kitchen/dining room, bedroom one, bedroom two and bathroom.

The market town of Warminster has a good range of shopping and day-to-day facilities. Bath and Salisbury are both within easy driving distance, offering a much wider selection of amenities together with shopping centres. This area has become particularly sought after because of the exceptional number of good schools. ACCOMMODATION Entrance Porch
Living Room: 13'01" x 12'10"
Kitchen/Dining Room: 13'2" x 9'08"
Landing
Bedroom One: 12'10" x 9'10"
Bedroom Two: 9'10" x 6'04"
Bathroom: 6'07" x 6'04"
Rear Garden
VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction. Tenure: Freehold Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, South West

01752 741383

Next Steps?

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