2 Bed Terraced House, Refurb/BRRR, Barnstaple, EX32 8JD, £160,000
2 Ceramic Terrace, Barnstaple, Devon, EX32 8JD - 3 views - 2 months ago
Refurb/BRRR
Planning
ROI: 3%
~68 m²





+5 photos
ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £40,000 |
Stamp Duty & Legal Fees | £9,200 |
Refurb Costs | £27,830 |
Bridging Loan Interest | £4,200 |
Total Cash In | £82,980 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £142,911 |
Mortgage (After Refinance) | £107,184 |
Mortgage LTV | 75% |
Cash Left In | £82,980 |
Equity | £35,728 |
Rent Range | £625 - £1,100 |
Rent Estimate | £863 |
Running Costs/mo | £639 |
Cashflow/mo | £224 |
Cashflow/yr | £2,686 |
ROI | 3% |
Gross Yield | 6% |
Local Rents
22 rents from £625/mo to £1.1K/mo, average is £850/mo.
Local Area Statistics
Population in EX32 | 23,896 |
Population in Barnstaple | 48,982 |
Town centre distance | 0.25 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.41 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +33% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +13% |
Property History
Listed for £160,000
March 12, 2025
Floor Plans

Description
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