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3 Bed Bungalow, Refurb/BRRR, Warrington, WA4 2PZ, £450,000

Barrymore Road, Grappenhall, WA4 2PZ - 4 views - a year ago

Sold STC
Refurb/BRRR
~115 m²
+17 photos

ValuationOvervalued

Sold Prices£221K - £580K
Sold Prices/m²£2.2K/m² - £5.8K/m²

 

 

Square Metres

~114.92 m²
Price/m²£3.9K/m²

Value Estimate

£344,231

 

 

End Value (After Refurb)

£418,459

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£48,687

Bridging Loan Interest

£11,813

Total Cash In

£199,449

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£418,459

Mortgage (After Refinance)

£313,844

Mortgage LTV

75%

Cash Left In

£199,449

Equity

£104,615

Rent Range

£950 - £1,950

Rent Estimate

£1,385

Running Costs/mo

£1,605

Cashflow/mo

£-220

Cashflow/yr

£-2,636

Gross Yield

4%

Local Sold Prices

50 sold prices from £221K to £580K, average is £312.5K. £2.2K/m² to £5.8K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£295K10/210.04 mi9, Barrymore Court, Grappenhall, Warrington WA4 2QZ3
£250K10/210.04 mi12, Barrymore Court, Grappenhall, Warrington WA4 2QZ3
£340K12/200.06 mi10, York Road, Grappenhall, Warrington WA4 2LQ3
£290K06/210.11 mi9, Beechfield Road, Grappenhall, Warrington WA4 2LH3
£330K12/200.11 mi5, Beechfield Road, Grappenhall, Warrington WA4 2LH3
£260K02/210.14 mi30, Kildonan Road, Grappenhall, Warrington WA4 2LJ3
£310K08/210.14 mi22, Kildonan Road, Grappenhall, Warrington WA4 2LJ3
£402K03/230.15 mi48, Middlehurst Road, Grappenhall, Warrington WA4 2LG3
£366.5K03/230.15 mi46, Middlehurst Road, Grappenhall, Warrington WA4 2LG3
£370K11/220.17 mi82, Victoria Avenue, Grappenhall, Warrington WA4 2PE3
£410K01/240.17 mi185, Chester Road, Grappenhall, Warrington WA4 2QB3
£374K08/230.23 mi28, Clarence Road, Grappenhall, Warrington WA4 2PQ3
£279.9K12/200.24 mi4, Heathfield Park, Grappenhall, Warrington WA4 2LA3
£320K09/210.24 mi12, Heathfield Park, Grappenhall, Warrington WA4 2LA3
£420K11/200.25 mi19, Clarence Road, Grappenhall, Warrington WA4 2PH3
£290K09/230.25 mi7, Clarence Road, Grappenhall, Warrington WA4 2PH3
£330K10/230.27 mi58, Knutsford Road, Grappenhall, Warrington WA4 2PB3
£245K04/210.29 mi67, St Annes Avenue, Grappenhall, Warrington WA4 2PL3
£335K11/210.29 mi11, Alexandra Road, Grappenhall, Warrington WA4 2EL3
£520K07/230.29 mi231, Chester Road, Grappenhall, Warrington WA4 2QD3
£315K10/210.29 mi56, St Annes Avenue, Grappenhall, Warrington WA4 2PL3
£323K12/220.29 mi30, St Annes Avenue, Grappenhall, Warrington WA4 2PL3
£250K07/230.31 mi88, Knutsford Road, Grappenhall, Warrington WA4 2PJ3
£560K02/210.31 mi8a, Marlborough Crescent, Stockton Heath, Warrington WA4 2EE3
£580K12/200.31 mi11, Hunts Lane, Stockton Heath, Warrington WA4 2DU3
£325K08/230.31 mi23a, Higher Knutsford Road, Stockton Heath, Warrington WA4 2JS3
£232.5K06/210.31 mi6, Cross Lane, Grappenhall, Warrington WA4 2LW3
£245K11/200.33 mi14, Barton Avenue, Grappenhall, Warrington WA4 2LE3
£575K11/230.33 mi28, Hunts Lane, Stockton Heath, Warrington WA4 2DT3
£227.7K05/210.33 mi6, Barton Avenue, Grappenhall, Warrington WA4 2LE3
£327.5K07/210.34 mi43, Euclid Avenue, Grappenhall, Warrington WA4 2PS3
£230K12/200.35 mi73, Knutsford Road, Grappenhall, Warrington WA4 2NS3
£457K07/230.35 mi40, Denbury Avenue, Stockton Heath, Warrington WA4 2BW3
£299.9K08/210.35 mi14, Mayfield Road, Grappenhall, Warrington WA4 2NP3
£250K08/230.35 mi49, Mayfield Road, Grappenhall, Warrington WA4 2NP3
£400K03/230.35 mi25, Cross Lane, Grappenhall, Warrington WA4 2LR3
£310K01/230.36 mi29, Cawthorne Avenue, Grappenhall, Warrington WA4 2LP3
£221K08/210.36 mi43, Cawthorne Avenue, Grappenhall, Warrington WA4 2LP3
£315K09/230.36 mi359, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£305K09/210.36 mi377, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£267.5K02/210.36 mi349, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£370K12/200.36 mi325, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£230K07/210.37 mi353, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£318K10/230.37 mi118, Knutsford Road, Grappenhall, Warrington WA4 2PW3
£225K03/210.37 mi365, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£307.5K02/210.39 mi64, Tresham Drive, Grappenhall, Warrington WA4 3DU3
£222K06/210.39 mi30, Martham Close, Grappenhall, Warrington WA4 2LU3
£268K09/230.39 mi60, Georges Crescent, Grappenhall, Warrington WA4 2PP3
£256K01/210.41 mi27, Windsor Drive, Grappenhall, Warrington WA4 2NU3
£350K06/230.41 mi54, Windsor Drive, Grappenhall, Warrington WA4 2NU3

Local Rents

21 rents from £950/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25010/240.46 miShadewood Crescent, Grappenhall, Warrington3
£1,75010/240.5 miThe Timbers3
£1,75010/240.5 miStation Road, Warrington, Cheshire, WA43
£1,40010/240.53 miGlebe Avenue, Warrington3
£1,50010/240.53 miGlebe Avenue, Grappenhall, Warrington3
£1,85010/240.57 miStation Road, Warrington, Cheshire, WA43
£1,40010/240.64 miWinterbourne Gardens, Grappenhall Heys, Warrington, WA43
£1,10010/240.75 miGrange Avenue, Warrington, WA43
£1,00002/250.79 mi-3
£1,10010/240.81 miRock Road, Warrington, Cheshire, WA43
£1,30011/240.87 mi-3
£95010/240.9 miFrederick Street3
£97510/240.9 miKingsway South, Warrington3
£95010/240.94 miMorris Avenue, Warrington3
£1,20010/240.95 miBeverley Avenue, Appleton, Warrington3
£1,29510/240.99 miGuernsey Close, Warrington, Cheshire, WA43
£1,35010/241.01 miThelwall, Warrington3
£99510/241.1 miKnutsford Road, WA43
£1,95010/241.2 miPeveril Close, Appleton3
£1,80010/241.22 miFarrell Road Stockton Heath WA4 6LR3
£1,75010/241.24 miEgerton Mews Stockton Heath WA43

Links

Local Area Statistics

Population in WA4

46,997

Population in Warrington

215,344

Town centre distance

2.14 miles away

Nearest school

0.40 miles away

Nearest train station

2.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £450,000

January 8, 2024

Floor Plans

Description

  • Detached Bungalow +
  • Requires full modernisation +
  • Detached Garage with Outbuilding +
  • Mature Gardens to Front & Rear +

DETACHED BUNGALOW - REQUIRES FULL MODERNISATION - POPULAR LOCATION - KITCHEN / DINER - MATURE GARDENS - DETACHED GARAGE / OUTBUILDING Situated on this popular road in Grappenhall is this detached bungalow, the property requires a program of works to bring it back up to standard.  Internally there is an entrance porch, hallway, lounge, dining kitchen, three bedrooms, bathroom, and WC.  Furthermore, there is a rear porch that leads out to the garage and outbuilding.  There are mature gardens to the front and rear.

Agent Details

Ashtons Estate Agency, Stockton Heath

01925 986035

Next Steps?

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

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