3 Bed Semi-Detached House, Refurb/BRRR, Warrington, WA4 2LR, £340,000

Cross Lane, Grappenhall, Warrington, WA4 2LR - 1 views - a year ago

Sold STC
Leasehold
Refurb/BRRR
~159 m²
+15 photos

ValuationFair Value

Sold Prices£85K - £580K
Sold Prices/m²£955/m² - £5.8K/m²

 

 

Square Metres

~159.27 m²
Price/m²£2.1K/m²

Value Estimate

£343,400

 

 

End Value (After Refurb)

£416,826

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£15,900

Refurb Costs

£67,477

Bridging Loan Interest

£8,925

Total Cash In

£179,052

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£416,826

Mortgage (After Refinance)

£312,619

Mortgage LTV

75%

Cash Released

£57,619

Cash Left In

£121,433

Equity

£104,206

Rent Range

£950 - £1,850

Rent Estimate

£1,285

Running Costs/mo

£1,580

Cashflow/mo

£-295

Cashflow/yr

£-3,535

Gross Yield

5%

Local Sold Prices

50 sold prices from £85K to £580K, average is £276K. £955/m² to £5.8K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£400K03/230.01 mi25, Cross Lane, Grappenhall, Warrington WA4 2LR3
£227.7K05/210.04 mi6, Barton Avenue, Grappenhall, Warrington WA4 2LE3
£245K11/200.05 mi14, Barton Avenue, Grappenhall, Warrington WA4 2LE3
£222K06/210.05 mi30, Martham Close, Grappenhall, Warrington WA4 2LU3
£232.5K06/210.06 mi6, Cross Lane, Grappenhall, Warrington WA4 2LW3
£315K09/230.07 mi359, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£305K09/210.07 mi377, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£267.5K02/210.07 mi349, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£370K12/200.07 mi325, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£310K01/230.08 mi29, Cawthorne Avenue, Grappenhall, Warrington WA4 2LP3
£221K08/210.08 mi43, Cawthorne Avenue, Grappenhall, Warrington WA4 2LP3
£230K07/210.09 mi353, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£225K03/210.11 mi365, Thelwall New Road, Grappenhall, Warrington WA4 2LS3
£299.9K08/210.13 mi14, Mayfield Road, Grappenhall, Warrington WA4 2NP3
£250K08/230.13 mi49, Mayfield Road, Grappenhall, Warrington WA4 2NP3
£330K10/230.14 mi58, Knutsford Road, Grappenhall, Warrington WA4 2PB3
£286.5K01/230.16 mi43, Dover Road, Warrington WA4 1NB3
£158K11/200.16 mi59, Dover Road, Latchford, Warrington WA4 1NB3
£279.9K12/200.18 mi4, Heathfield Park, Grappenhall, Warrington WA4 2LA3
£320K09/210.18 mi12, Heathfield Park, Grappenhall, Warrington WA4 2LA3
£325K08/230.19 mi23a, Higher Knutsford Road, Stockton Heath, Warrington WA4 2JS3
£250K07/230.2 mi88, Knutsford Road, Grappenhall, Warrington WA4 2PJ3
£230K12/200.21 mi73, Knutsford Road, Grappenhall, Warrington WA4 2NS3
£263.8K04/240.21 mi36, Windsor Drive, Grappenhall, Warrington WA4 2NU3
£256K01/210.21 mi27, Windsor Drive, Grappenhall, Warrington WA4 2NU3
£350K06/230.21 mi54, Windsor Drive, Grappenhall, Warrington WA4 2NU3
£402K03/230.22 mi48, Middlehurst Road, Grappenhall, Warrington WA4 2LG3
£366.5K03/230.22 mi46, Middlehurst Road, Grappenhall, Warrington WA4 2LG3
£85K03/210.23 mi10, Ottawa Gardens, Latchford, Warrington WA4 1AD3
£310K08/210.23 mi22, Kildonan Road, Grappenhall, Warrington WA4 2LJ3
£140K04/210.23 mi15, Nook Lane, Warrington WA4 1NT3
£165K10/230.23 mi37, Nook Lane, Warrington WA4 1NT3
£247K04/230.23 mi382, Thelwall Lane, Warrington WA4 1NJ3
£260K02/210.24 mi30, Kildonan Road, Grappenhall, Warrington WA4 2LJ3
£277K07/230.25 mi19, Waterfront Drive, Latchford, Warrington WA4 1GH3
£580K12/200.27 mi11, Hunts Lane, Stockton Heath, Warrington WA4 2DU3
£420K11/200.28 mi19, Clarence Road, Grappenhall, Warrington WA4 2PH3
£290K09/230.28 mi7, Clarence Road, Grappenhall, Warrington WA4 2PH3
£318K10/230.29 mi118, Knutsford Road, Grappenhall, Warrington WA4 2PW3
£275K06/230.29 mi22, Adamson Close, Latchford, Warrington WA4 1GL3
£374K08/230.29 mi28, Clarence Road, Grappenhall, Warrington WA4 2PQ3
£273K07/230.3 mi27, Poynton Close, Grappenhall, Warrington WA4 2NG3
£325K03/210.3 mi10, Poynton Close, Grappenhall, Warrington WA4 2NG3
£155K07/230.3 mi19, Newman Street, Warrington WA4 1TR3
£107.5K04/210.31 mi7, Parkfield Avenue, Warrington WA4 1NY3
£335K11/210.31 mi11, Alexandra Road, Grappenhall, Warrington WA4 2EL3
£575K11/230.31 mi28, Hunts Lane, Stockton Heath, Warrington WA4 2DT3
£200K06/230.31 mi10, Kingsway South, Latchford, Warrington WA4 1LS3
£323K12/220.31 mi30, St Annes Avenue, Grappenhall, Warrington WA4 2PL3
£197.5K11/200.32 mi106, Powder Mill Road, Warrington WA4 1GD3

Local Rents

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

RentDateDistanceAddressBeds 
£1,75010/240.41 miThe Timbers3
£1,75010/240.41 miStation Road, Warrington, Cheshire, WA43
£1,00002/250.43 mi-3
£1,25010/240.52 miShadewood Crescent, Grappenhall, Warrington3
£1,85010/240.53 miStation Road, Warrington, Cheshire, WA43
£1,10010/240.55 miGrange Avenue, Warrington, WA43
£1,10010/240.58 miRock Road, Warrington, Cheshire, WA43
£97510/240.59 miKingsway South, Warrington3
£95010/240.59 miMorris Avenue, Warrington3
£1,40010/240.64 miGlebe Avenue, Warrington3
£1,50010/240.65 miGlebe Avenue, Grappenhall, Warrington3
£95010/240.79 miFrederick Street3
£1,30011/240.86 mi-3
£1,35010/240.9 miThelwall, Warrington3
£99510/240.96 miKnutsford Road, WA43
£1,40010/241 miWinterbourne Gardens, Grappenhall Heys, Warrington, WA43
£1,30002/251.08 mi-3
£1,20010/241.2 miBeverley Avenue, Appleton, Warrington3
£1,29510/241.24 miGuernsey Close, Warrington, Cheshire, WA43

Local Area Statistics

Population in WA4

46,997

Population in Warrington

215,344

Town centre distance

1.80 miles away

Nearest school

0.40 miles away

Nearest train station

1.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £340,000

September 18, 2024

Listed for £350,000

February 28, 2024

Floor Plans

Description

  • Family Home +
  • Modernisation Project +
  • Large Garden +
  • Desirable Location +
  • Three Bedrooms +
  • Loft Room +
  • Beautiful Garden Room +
  • Ample Living Space +
  • Separate Garage +
  • Large Driveway +

A FANTASTIC sized THREE BEDROOM semi-detached property with HUGE POTENTIAL located in the desirable village of GRAPPENHALL. This brilliant three bedroom property would make the PERFECT FAMILY HOME. Boasting ample living space with a beautiful GARDEN ROOM as well as a lounge and dining/family room ideal for entertaining as well as a convenient utility/wc, private rear garden and off-road parking.

Description - A fantastic sized semi-detached property with huge potential located in the desirable village of Grappenhall. This brilliant three bedroom property would make the perfect family home. Boasting ample living space with a beautiful garden room as well as a lounge, and dining/family room ideal for entertaining as well as a convenient utility/wc, private rear garden and off-road parking.

Entry into the home is via the porch which follows into bright hallway. The bay windowed lounge looks out to the front of the home while the great sized family room/dining room is to the rear. Looking out to the garden is a fantastic garden room with a sky light which provides the perfect place to relax and enjoy the sun. There is a galley style kitchen as well as a WC and a handy utility room. The ground floor is also home to a garage. To the first floor, there are two double bedrooms and a further single bedroom. There is also a family bathroom. This home enjoys a large amount of storage throughout and boasts a loft room.

Garden - This home enjoys a West facing, large garden. To the front there is a driveway which is suitable for multiple cars as well as a garage.

Please note: This property is sold as freehold with additional leasehold land to the rear.

Summary Of Accommodation - GROUND FLOOR
• Entrance Hall
• 4.00m x 3.74m Lounge
• 4.46m x 3.62m Family Room
• 4.90m x 1.86m Kitchen
• 4.49m x 2.81m Garden
• 2.64m x 2.19m Utility Room
• 2.02m x 0.88m WC

FIRST FLOOR
• Landing
• 4.00m x 3.70m Bedroom One 
• 3.75m x 3.03m Bedroom Two
• 3.75m x 2.45m Bedroom Three
• 2.25m x 1.50m Bathroom

SECOND FLOOR
• 3.18m x 5.58m Loft Room

Services - • Gas Central Heating
• Mains connected: Gas, Electric, Water
• Drainage: Mains
• Broadband Availability: Up to 74Mb (Via BT)

Location - This leafy suburb is located alongside the Bridgewater canal and just a stone’s throw from the vibrant village of Stockton Heath. The area is surrounded by beautiful Cheshire countryside and scenic canals, meaning residents are spoilt for choice when it comes to walking routes.
The village was first listed in the Domesday Book and is home to St Wilfrid’s Church which features a cat carving on the tower façade. Legend has it that this was the inspiration behind Lewis Carroll’s Cheshire Cat in Alice’s Adventures in Wonderland.
Despite it’s semi-rural setting, Grappenhall benefits from a great range of shops, restaurants and coffee houses. The area also boasts a great selection of schools which are consistently reviewed as outstanding, making it an ideal area for families.

Distances - • Grappenhall Village 1 mile walk
• Stockton Heath 2 mile walk
• Warrington Town Centre 4 miles
• Manchester Airport 14 miles via M56
• Manchester City Centre 24 miles via M56
• Liverpool City Centre 27 miles via M62

(Distances quoted are approximate)

Agent Details

Mark Antony Estates, Warrington

01925 361636

Next Steps?

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