4 Bed Detached House, Refurb/BRRR, Ormskirk, L39 5BT, £575,000

Long Lane, Aughton, L39 5BT - 4 views - a year ago

Refurb/BRRR
~186 m²
+23 photos

ValuationOvervalued

Sold Prices£210K - £955K
Sold Prices/m²£1.4K/m² - £6.6K/m²

 

 

Square Metres

~186.27 m²
Price/m²£3.1K/m²

Value Estimate

£480,893

 

 

End Value (After Refurb)

£534,157

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£78,762

Bridging Loan Interest

£15,094

Total Cash In

£274,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£534,157

Mortgage (After Refinance)

£400,617

Mortgage LTV

75%

Cash Left In

£274,056

Equity

£133,539

Rent Range

£433 - £3,965

Rent Estimate

£1,062

Running Costs/mo

£1,902

Cashflow/mo

£-840

Cashflow/yr

£-10,076

Gross Yield

2%

Local Sold Prices

50 sold prices from £210K to £955K, average is £375K. £1.4K/m² to £6.6K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£331K03/210.15 mi2, Cromfield, Aughton, Ormskirk, Lancashire L39 5AB4
£500K10/220.16 mi7, Rosehill Drive, Aughton, Ormskirk, Lancashire L39 5AA4
£430K11/200.16 mi1, Rosehill Drive, Aughton, Ormskirk, Lancashire L39 5AA4
£618K01/230.18 mi166, Prescot Road, Aughton, Ormskirk, Lancashire L39 5AG4
£275K11/230.19 mi44, Redsands, Aughton, Ormskirk, Lancashire L39 4SQ4
£292.5K09/230.19 mi72, Redsands, Aughton, Ormskirk, Lancashire L39 4SQ4
£210K03/210.19 mi58, Redsands, Aughton, Ormskirk, Lancashire L39 4SQ4
£490K01/230.2 mi11, Meadow Drive, Aughton, Ormskirk, Lancashire L39 5BD4
£390K11/200.21 mi8, Moss Bank, Aughton, Ormskirk, Lancashire L39 5DD4
£565K11/200.23 mi9, Swanpool Lane, Aughton, Ormskirk, Lancashire L39 5AX4
£730K09/200.26 mi32, Long Lane, Aughton, Ormskirk, Lancashire L39 5AT4
£489.9K01/210.26 mi50, Long Lane, Aughton, Ormskirk, Lancashire L39 5AT4
£425K06/210.27 mi2, Spinney Close, Ormskirk, Lancashire L39 4ST4
£480K12/200.29 mi8, Swanpool Lane, Aughton, Ormskirk, Lancashire L39 5AZ4
£435K07/230.3 mi9, Long Lane, Aughton, Ormskirk, Lancashire L39 5AS4
£340K12/230.3 mi31, Long Lane, Aughton, Ormskirk, Lancashire L39 5AS4
£610K04/210.31 mi1, Delph Close, Aughton, Ormskirk, Lancashire L39 5QF4
£955K01/230.31 mi59, Swanpool Lane, Aughton, Ormskirk, Lancashire L39 5AY4
£535K06/210.31 mi57, Ryder Crescent, Aughton, Ormskirk, Lancashire L39 5EY4
£314.5K01/210.32 mi6, Woodfield Road, Ormskirk, Lancashire L39 4SR4
£540K04/230.32 mi2, Woodfield Road, Ormskirk, Lancashire L39 4SR4
£315K03/230.34 mi1, Milman Close, Ormskirk, Lancashire L39 4SJ4
£370K12/200.36 mi3, Chestnut Grange, Ormskirk, Lancashire L39 4YG4
£450K04/210.36 mi11, Chestnut Grange, Ormskirk, Lancashire L39 4YG4
£214K08/210.37 mi36, Colinmander Gardens, Ormskirk, Lancashire L39 4TF4
£241.5K12/200.37 mi48, Colinmander Gardens, Ormskirk, Lancashire L39 4TF4
£270K11/220.37 mi34, Bebles Road, Ormskirk, Lancashire L39 4SZ4
£329.9K11/200.38 mi1, Mallard Close, Aughton, Ormskirk, Lancashire L39 5QJ4
£440K10/220.38 mi8, Swan Delph, Aughton, Ormskirk, Lancashire L39 5QG4
£418K03/210.38 mi5, Swan Delph, Aughton, Ormskirk, Lancashire L39 5QG4
£395K10/200.4 mi26, Eskdale Avenue, Aughton, Ormskirk, Lancashire L39 5EX4
£369.5K10/220.4 mi1, Ennerdale Drive, Aughton, Ormskirk, Lancashire L39 5EA4
£512.9K04/210.41 mi2, The Acorns, Aughton, Ormskirk, Lancashire L39 5FB4
£390K06/210.41 mi4, Cygnet Close, Aughton, Ormskirk, Lancashire L39 5QH4
£365K05/210.43 mi19, Liverpool Road, Aughton, Ormskirk, Lancashire L39 5AP4
£425K01/230.43 mi3, Black Moss Lane, Ormskirk, Lancashire L39 4TN4
£275K07/230.44 mi14, Scarth Hill Lane, Aughton, Ormskirk, Lancashire L39 4UH4
£245K06/210.45 mi5, St Bedes Close, Ormskirk, Lancashire L39 4TL4
£220K06/210.45 mi11, Liverpool Road, Aughton, Ormskirk, Lancashire L39 5AP4
£410K11/220.45 mi22, Parkfield Close, Ormskirk, Lancashire L39 4YH4
£380K08/230.46 mi251, Long Lane, Aughton, Ormskirk, Lancashire L39 5BY4
£295K12/200.47 mi17, Greenwood Close, Aughton, Ormskirk, Lancashire L39 5BL4
£325K06/210.47 mi12, Greenwood Close, Aughton, Ormskirk, Lancashire L39 5BL4
£522.5K10/200.49 mi7, Delph Lane, Aughton, Ormskirk, Lancashire L39 5EB4
£285K06/230.49 mi5, Gaw Hill Lane, Aughton, Ormskirk, Lancashire L39 3LR4
£240K01/210.49 mi13, Peet Avenue, Ormskirk, Lancashire L39 4SH4
£280K06/230.49 mi18, Peet Avenue, Ormskirk, Lancashire L39 4SH4
£350K04/210.51 mi36, Delph Common Road, Aughton, Ormskirk, Lancashire L39 5DW4
£357K06/230.51 mi6, Fernhurst Gate, Aughton, Ormskirk, Lancashire L39 5ED4
£302.5K02/210.51 mi105, Delph Park Avenue, Aughton, Ormskirk, Lancashire L39 5DF4

Local Rents

48 rents from £433/mo to £4K/mo, average is £691/mo.

RentDateDistanceAddressBeds 
£2,25009/210.11 miThe Cambridge 2 Old School Gardens Aughton Park Drive, Ormskirk, Lancashire, L394
£2,20005/240.11 miAughton Park Drive, Ormskirk, Lancashire, L394
£1,20004/240.18 miRedsands, Aughton, Ormskirk, Lancashire, L39 4SG3
£2,20012/240.2 mi-4
£2,30004/240.36 miChestnut Grange, Ormskirk5
£2,00005/240.38 miVine Close, Aughton5
£1,40005/240.4 miEnnerdale Drive, Aughton3
£1,40012/240.45 miLiverpool Road, Aughton3
£1,60012/240.5 miHolborn Drive, Aughton, L39 3QL4
£95012/240.64 miSt. Annes Road, Ormskirk3
£43504/240.69 miPrescot Road, Ormskirk, L396
£1,05012/240.74 mi-3
£67204/240.76 miGarnett Green, Ormskirk, L394
£1,10004/240.76 miFurness Avenue, Ormskirk3
£56305/240.8 miCottage Lane, Ormskirk, Lancashire, L396
£2,50005/240.85 miMolyneux Road, Aughton3
£2,25004/240.89 miGreenfields, Aughton4
£65003/240.95 miThe Suites, 6-8 Aughton Street, Ormskirk4
£58505/240.95 miThe Suites, 6-8 Aughton Street, Ormskirk4
£65005/240.95 miThe Suites, 6-8 Aughton Street, Ormskirk 4
£72405/240.95 miThe Suites, 6-8 Aughton Street, Ormskirk4
£62805/240.97 miAughton Street, Ormskirk5
£43305/240.97 miSt Helens Road, Ormskirk, 9
£56304/240.97 miSt Helens Road, Ormskirk, Lancashire9
£55504/240.98 miKnowsley Road, Ormskirk, 4
£62804/241 miChristina House, St Helens Road4
£68904/241.01 miOrmskirk, Ormskirk, L396
£58505/241.04 miWigan Road, Ormskirk, Lancashire4
£1,10005/241.04 miWigan Road, Ormskirk, Lancashire4
£62805/241.06 miBurscough Street, Ormskirk4
£3,96501/251.1 mi-6
£3,18504/241.11 miStanley Street, Ormskirk, Lancashire. L39 2DH6
£60704/241.12 miDerby Street West, , Ormskirk4
£62404/241.12 miAbbotsford Mews, Ormskirk, L397
£62802/251.12 mi-4
£78004/241.13 miDerby Street, Ormskirk, L3910
£69305/241.14 miSovereign Court, Derby Street, Orskirk3
£1,40001/251.14 mi-4
£65004/241.16 miHants Lane, Ormskirk, L397
£62402/241.16 miHants Lane, Ormskirk, L397
£95004/241.16 miOak Green, Ormskirk3
£52012/241.19 miSouthport Road, Ormskirk, L396
£2,70805/241.2 miHalsall Lane, Ormskirk, Lancashire, L395
£52005/241.21 miHalsall Lane, Ormskirk, L394
£1,00001/251.22 mi-3
£47712/241.23 mi-6
£55904/241.23 miStation Road, Ormskirk, L396
£47705/241.23 miStation Road, Ormskirk, L396

Local Area Statistics

Population in L39

28,091

Population in Ormskirk

46,182

Town centre distance

1.42 miles away

Nearest school

0.40 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £575,000

December 4, 2023

Floor Plans

Description

  • Detached Home +
  • Four Bedrooms +
  • Circa 2005 Square Feet +
  • Two Reception Rooms +
  • Traditionally Fitted Kitchen +
  • Spacious Plot +
  • Extensive Garden +
  • Driveway Parking +
  • Large Integrated Double Garage +

Presenting an exciting opportunity, Arnold & Phillips invite you to acquire this generously proportioned four-bedroom detached dormer property, gracefully situated within a spacious plot along the highly sought-after Long Lane in Aughton, West Lancashire.

This versatile property is ideally positioned, offering close proximity to local amenities and independent retailers, along with superb transport and commuter links facilitated by the nearby rail station. Ideal for working professionals, families, or those seeking a luxurious downsizing option, this property holds immense potential and awaits your personal touch through cosmetic modernisation.

Approached via a substantial driveway providing ample off-road parking, access is granted through the main front entrance porch. The ground floor boasts two generously proportioned main living rooms, with the main lounge bathed in natural light through dual aspect windows and modern patio doors. A large traditionally fitted kitchen provides abundant storage, accompanied by an ample dining area and a spacious adjoining utility room. Additionally, a large integrated double garage is provided on the ground floor, along with a generously sized double bedroom.

Ascending to the first floor, you’ll find three more bedrooms, each enjoying a pleasant outlook over the surrounding area. The main family bathroom is also conveniently located on this floor.

Externally, the rear of the property offers an extensive garden, not directly overlooked, mainly laid to lawn and bordered by a variety of established trees, plants, and shrubs. Multiple areas of interest and patio terracing provide an ideal setting for outdoor entertainment, with the potential to extend and further develop, subject to obtaining the required planning consent.

Extending to over 2,000 square feet and equipped with gas central heating and double glazing, this compelling property is brimming with future potential. With its prime location, versatile layout, and room for enhancement, this residence is well worthy of internal inspection. Don’t miss the opportunity to make this property your own and experience the charm of Aughton living at its finest.

Tenure: We are advised by our client that the property is Freehold
Council Tax Band: F

Every care has been taken with the preparation of these property details but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. These property details do not constitute a contract or part of a contract. We are not qualified to verify tenure of property. Prospective purchasers should seek clarification from their solicitor or verify the tenure of this property for themselves by visiting mention of any appliances, fixtures or fittings does not imply they are in working order. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale. All dimensions are approximate.

Agent Details

Arnold & Phillips, Ormskirk

01695 317473

Next Steps?

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