4 Bed Detached House, Refurb/BRRR, Preston, PR5 5LW, £260,000





ValuationUndervalued
Sold Prices | £177K - £715K |
Sold Prices/m² | £1.6K/m² - £3.5K/m² |
| |
Square Metres | ~145.30 m² |
Price/m² | £1.8K/m² |
Value Estimate | £267,800 |
BMV | 3% |
| |
End Value (After Refurb) | £298,562 |
Uplift in Value | +15% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £65,000 |
Stamp Duty & Legal Fees | £14,700 |
Refurb Costs | £61,602 |
Bridging Loan Interest | £6,825 |
Total Cash In | £149,877 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £298,562 |
Mortgage (After Refinance) | £223,921 |
Mortgage LTV | 75% |
Cash Released | £28,921 |
Cash Left In | £120,955 |
Equity | £74,640 |
Rent Range | £695 - £2,300 |
Rent Estimate | £1,158 |
Running Costs/mo | £1,185 |
Cashflow/mo | £-27 |
Cashflow/yr | £-319 |
Gross Yield | 5% |
Local Sold Prices
33 sold prices from £177K to £715K, average is £279.9K. £1.6K/m² to £3.5K/m², average is £2.4K/m².
Local Rents
19 rents from £695/mo to £2.3K/mo, average is £1.2K/mo.
Local Area Statistics
Population in PR5 | 40,828 |
Population in Preston | 286,036 |
Town centre distance | 3.37 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.42 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +1% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Listed for £260,000
March 12, 2025
Floor Plans


Description
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