4 Bed Detached House, Refurb/BRRR, Sherborne, DT9 6DR, £650,000
24 Gainsborough Drive, Sherborne, Dorset, DT9 6DR - 2 months ago
Refurb/BRRR
159 m²





+14 photos
ValuationOvervalued
Sold Prices | £210K - £925K |
Sold Prices/m² | £2.8K/m² - £4.3K/m² |
| |
Square Metres | 159.29 m² |
Price/m² | £4.1K/m² |
Value Estimate | £501,713 |
| |
End Value (After Refurb) | £601,401 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £162,500 |
Stamp Duty & Legal Fees | £53,700 |
Refurb Costs | £64,583 |
Bridging Loan Interest | £17,063 |
Total Cash In | £299,595 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £601,401 |
Mortgage (After Refinance) | £451,051 |
Mortgage LTV | 75% |
Cash Left In | £299,595 |
Equity | £150,350 |
Rent Range | £1 - £2,750 |
Rent Estimate | £1,626 |
Running Costs/mo | £2,225 |
Cashflow/mo | £-599 |
Cashflow/yr | £-7,183 |
Gross Yield | 3% |
Local Sold Prices
24 sold prices from £210K to £925K, average is £470K. £2.8K/m² to £4.3K/m², average is £3.5K/m².
Local Rents
16 rents from £1/mo to £2.8K/mo, average is £1.7K/mo.
Local Area Statistics
Population in DT9 | 20,760 |
Town centre distance | 0.78 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 1.01 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +19% |
Property History
Listed for £650,000
March 12, 2025
Floor Plans

Description
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