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7 Bed Terraced House, Cash/Bridging Only, Gateshead, NE8 4AD, £200,000





ValuationFair Value
Sold Prices | £225K - £2.7M |
Sold Prices/m² | £1.8K/m² - £3K/m² |
| |
Square Metres | ~217 m² |
Price/m² | £922/m² |
Value Estimate | £202,000 |
| |
End Value (After Refurb) | £297,856 |
Uplift in Value | +49% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £11,200 |
Refurb Costs | £83,067 |
Bridging Loan Interest | £5,250 |
Total Cash In | £151,267 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £297,856 |
Mortgage (After Refinance) | £223,392 |
Mortgage LTV | 75% |
Cash Released | £73,392 |
Cash Left In | £77,875 |
Equity | £74,464 |
Rent Range | £595 - £4,500 |
Rent Estimate | £1,730 |
Running Costs/mo | £1,297 |
Cashflow/mo | £433 |
Cashflow/yr | £5,198 |
ROI | 3% |
Gross Yield | 10% |
Local Sold Prices
8 sold prices from £225K to £2.7M, average is £857.5K. £1.8K/m² to £3K/m², average is £2.6K/m².
Local Rents
52 rents from £595/mo to £4.5K/mo, average is £895/mo.
Local Area Statistics
Population in NE8 | 32,358 |
Population in Gateshead | 122,353 |
Town centre distance | 0.81 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.61 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +64% |
Sales demand | Balanced market |
Capital growth (5yrs) | +15% |
Property History
Listed for £200,000
March 27, 2025
Description
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