2 Bed Bungalow, Refurb/BRRR, Bradford, BD4 7RA, £130,000

Warwick Road, Bradford 4, BD4 7RA - 4 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£34K - £140K
Sold Prices/m²£505/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£68,335

 

 

End Value (After Refurb)

£105,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£27,200

Bridging Loan Interest

£3,413

Total Cash In

£69,963

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£105,000

Mortgage (After Refinance)

£78,750

Mortgage LTV

75%

Cash Left In

£69,963

Equity

£26,250

Rent Range

£550 - £895

Rent Estimate

£700

Running Costs/mo

£488

Cashflow/mo

£212

Cashflow/yr

£2,543

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £34K to £140K, average is £69K. £505/m² to £2.3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£125K03/230.05 mi13, Warwick Road, Bradford, West Yorkshire BD4 7RA2
£63K05/230.06 mi65, Sheridan Street, Bradford, West Yorkshire BD4 7RN2
£90K12/220.06 mi91, Sheridan Street, Bradford, West Yorkshire BD4 7RN2
£115K01/230.09 mi93, Sheridan Street, Bradford, West Yorkshire BD4 7RN2
£125K03/230.1 mi21, Laverton Road, Bradford, West Yorkshire BD4 7RD2
£58K02/210.11 mi69, Brompton Road, Bradford, West Yorkshire BD4 7JD2
£63.5K02/210.11 mi37, Brompton Road, Bradford, West Yorkshire BD4 7JD2
£62.5K06/230.14 mi10, Alban Street, Bradford, West Yorkshire BD4 7JG2
£108K10/200.15 mi52, Busfield Street, Bradford, West Yorkshire BD4 7QY2
£67.5K01/230.16 mi114, Brompton Road, Bradford, West Yorkshire BD4 7JE2
£69K11/200.17 mi6, Coventry Street, Bradford, West Yorkshire BD4 7HX2
£96.5K06/210.18 mi29, Bromford Road, Bradford, West Yorkshire BD4 7RE2
£115K04/230.22 mi18, Flockton Road, Bradford, West Yorkshire BD4 7RH2
£47K04/210.23 mi50, Paley Terrace, Bradford, West Yorkshire BD4 7HS2
£56.5K06/210.23 mi124, Leicester Street, Bradford, West Yorkshire BD4 7JP2
£60K03/230.24 mi17, Walker Terrace, Bradford, West Yorkshire BD4 7HP2
£49K07/230.24 mi70, Paley Terrace, Bradford, West Yorkshire BD4 7HS2
£55K05/210.24 mi42, Paley Terrace, Bradford, West Yorkshire BD4 7HS2
£53K01/210.26 mi7, Rayleigh Street, Bradford, West Yorkshire BD4 7JR2
£69K03/230.29 mi19, Brassey Terrace, Bradford, West Yorkshire BD4 7JZ2
£53K10/210.32 mi128, New Hey Road, Bradford, West Yorkshire BD4 7LD2
£70K01/210.32 mi301, New Hey Road, Bradford, West Yorkshire BD4 7LD2
£95K01/230.32 mi299, New Hey Road, Bradford, West Yorkshire BD4 7LD2
£54K06/230.32 mi279, New Hey Road, Bradford, West Yorkshire BD4 7LD2
£95K10/210.5 mi7, Garthland Way, Bradford, West Yorkshire BD4 9JZ2
£54K01/210.51 mi15, Freds Place, Bradford, West Yorkshire BD4 8RL2
£60K02/210.51 mi5, Crystal Terrace, Bradford, West Yorkshire BD4 9JT2
£125K03/230.53 mi3, Bela Avenue, Bradford, West Yorkshire BD4 9PL2
£115K06/210.53 mi24, Burras Road, Bradford, West Yorkshire BD4 7TD2
£78K10/200.53 mi111, Parry Lane, Bradford, West Yorkshire BD4 8QH2
£59K08/210.56 mi6, Alma Street, Cutler Heights, Bradford, West Yorkshire BD4 9JE2
£75K12/200.57 mi14, Buller Street, Bradford, West Yorkshire BD4 8QF2
£89K07/230.57 mi6, Buller Street, Bradford, West Yorkshire BD4 8QF2
£70K12/220.58 mi60, Rook Lane, Bradford, West Yorkshire BD4 9NJ2
£65K08/210.6 mi251, Cutler Heights Lane, Bradford, West Yorkshire BD4 9JG2
£77.5K11/200.67 mi242, Cutler Heights Lane, Bradford, West Yorkshire BD4 9HZ2
£132.5K01/230.73 mi18, Bryanstone Road, Bradford, West Yorkshire BD4 8PN2
£60K06/210.73 mi202, Upper Castle Street, Bradford, West Yorkshire BD5 7SA2
£140K06/230.74 mi60, Sangster Way, Bradford, West Yorkshire BD5 8LQ2
£55K01/210.75 mi7, Birk Lea Street, Bradford, West Yorkshire BD5 7HH2
£74.5K06/230.76 mi33, Dalcross Street, Bradford, West Yorkshire BD5 7HQ2
£96K11/220.78 mi41, Knowles Lane, Bradford, West Yorkshire BD4 9AE2
£80K06/230.82 mi4, Farringdon Close, Bradford, West Yorkshire BD4 9EX2
£68K04/210.83 mi37, Sandygate Terrace, Bradford, West Yorkshire BD4 8PT2
£115K06/210.85 mi54, Bierley House Avenue, Bradford, West Yorkshire BD4 6BH2
£52K10/200.85 mi18, Ackworth Street, Bradford, West Yorkshire BD5 7HA2
£34K01/210.86 mi45, Ackworth Street, Bradford, West Yorkshire BD5 7EZ2
£40K05/210.86 mi53, Ackworth Street, Bradford, West Yorkshire BD5 7EZ2
£90K11/220.86 mi17, Bierley View, Bradford, West Yorkshire BD4 6HP2
£63K04/230.89 mi23, Upper Seymour Street, Bradford, West Yorkshire BD3 9LJ2

Local Rents

23 rents from £550/mo to £895/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£80001/250.09 mi-2
£62504/250.13 mi-2
£60012/230.13 mi-2
£77503/240.13 miBrompton Road East Bowling, Bradford, Yorkshire, BD4 7JD2
£75002/250.15 mi-2
£87505/240.16 mi-2
£87504/250.16 mi-2
£87504/240.16 miLorne Street, Bradford, BD42
£89512/240.24 mi-2
£79503/250.24 mi-2
£62504/240.27 miRayleigh Street, Bradford, BD42
£62505/240.27 mi-2
£80001/250.3 mi-2
£55003/250.31 mi-2
£70002/250.4 mi-2
£75005/240.5 mi-2
£75005/240.5 mi-2
£60003/240.53 miParry Lane, Bradford, West Yorkshire, BD42
£60003/240.53 miParry Lane, Bradford, West Yorkshire, BD42
£75004/240.58 miEssex Street, Bradford, BD42
£75005/240.58 mi-2
£75005/240.58 mi-2
£57503/240.6 miCompton Street, Bradford, West Yorkshire, UK, BD42

Local Area Statistics

Population in BD4

31,127

Population in Bradford

357,773

Town centre distance

1.57 miles away

Nearest school

0.20 miles away

Nearest train station

1.03 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £130,000

September 18, 2024

Description

  • SEMI DETACHED BUNGALOW +
  • CUL DE SAC POSITION +
  • ENTRANCE HALL +
  • LOUNGE, KITCHEN +
  • TWO BEDROOMS +
  • BATHROOM +
  • DRIVEWAY & GARAGE +
  • GARDENS +

Offered for sale with NO CHAIN is this two bedroomed semi detached bungalow which occupies a quiet cul de sac position. The property is in need of updating and must be viewed to be appreciated. Ideally situated within easy reach of local shops, amenities and bus routes. The accommodation briefly comprises: Entrance hall, lounge, kitchen, two bedrooms and bathroom. Externally there is a gated driveway which provides private parking for three cars, detached garage and gardens. 

ENTRANCE HALL An external door leads into the entrance hall which has a useful built-in storage cupboard. 

LOUNGE 15' 11" x 11' 1" (4.85m x 3.38m) Featuring a bay window and a fireplace with a gas fire. 

BREAKFAST KITCHEN 10' 0" x 8' 5" (3.05m x 2.57m) Fitted with a range of wall and base units with an inset stainless steel sink, gas cooker and plumbing for a washing machine. 

BEDROOM ONE 11' 6" x 9' 1" (3.51m x 2.77m) Double room with fitted wardrobes. 

BEDROOM TWO 10' 1" x 7' 5" (3.07m x 2.26m) Good sized second bedroom. 

SHOWER ROOM Fitted with a three piece white suite which comprises of a wash basin inset into a vanity unit, W.C. and a corner shower cubicle. Heated towel radiator and tiled walls and flooring. 

EXTERIOR To the front of the property there is a gated driveway which provides private parking for three cars and leads to a detached garage. There are gardens to the front and rear. 

ADDITIONAL INFORMATION Tenure - Freehold
Council tax band - B

Agent Details

Barkers Estate Agents, Birkenshaw

01274 015258

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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