2 Bed Terraced House, Refurb/BRRR, Worcester, WR6 5AZ, £170,000
21 Summerpool, Bishops Frome, Worcester, Herefordshire WR6 5AZ - 48 views - a month ago
Refurb/BRRR
ROI: 25%
72 m²
+15 photos
ValuationOvervalued
| Sold Prices | £160K - £550K |
| Sold Prices/m² | £1.9K/m² - £2.3K/m² |
| |
Square Metres | 72 m² |
| Price/m² | £2.4K/m² |
Value Estimate | £147,692 |
| |
End Value (After Refurb) | £170,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £42,500 |
Stamp Duty & Legal Fees | £9,700 |
Refurb Costs | £28,335 |
Bridging Loan Interest | £4,463 |
Total Cash In | £86,748 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £170,000 |
Mortgage (After Refinance) | £127,500 |
Mortgage LTV | 75% |
Cash Left In | £86,748 |
Equity | £42,500 |
Rent Range | £4,500 - £4,500 |
Rent Estimate | £2,948 |
Running Costs/mo | £1,141 |
Cashflow/mo | £1,807 |
Cashflow/yr | £21,686 |
ROI | 25% |
Gross Yield | 21% |
Local Sold Prices
7 sold prices from £160K to £550K, average is £183K. £1.9K/m² to £2.3K/m², average is £2.1K/m².
Local Rents
1 rents from £4.5K/mo to £4.5K/mo, average is £4.5K/mo.
Local Area Statistics
Population in WR6 | 12,214 |
Population in Worcester | 142,140 |
Town centre distance | 12.39 miles away |
Nearest school | 1.70 miles away |
Nearest train station | 6.82 miles away |
| |
Rental growth (12m) | +35% |
Sales demand | Balanced market |
Capital growth (5yrs) | +38% |
Property History
Listed for £170,000
March 3, 2025
Floor Plans
