2 Bed Flat, Cash/Bridging Only, Saint Helens, WA10 1GF, £55,000

Lower Hall Street, St. Helens, WA10 1GF - a year ago

Leasehold
Cash
ROI: 8%
~68 m²
+9 photos

ValuationFair Value

Sold Prices£50K - £250K
Sold Prices/m²£715/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£808/m²

Value Estimate

£56,100

 

 

End Value (After Refurb)

£83,758

Uplift in Value

+52%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Refurb Costs

£28,660

Bridging Loan Interest

£1,444

Total Cash In

£49,553

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£83,758

Mortgage (After Refinance)

£62,819

Mortgage LTV

75%

Cash Released

£21,569

Cash Left In

£27,985

Equity

£20,940

Rent Range

£675 - £990

Rent Estimate

£745

Running Costs/mo

£431

Cashflow/mo

£314

Cashflow/yr

£3,771

ROI

8%

Gross Yield

16%

Local Sold Prices

41 sold prices from £50K to £250K, average is £85K. £715/m² to £2.2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£50K08/220.01 mi231, Lower Hall Street, St Helens, Merseyside WA10 1GF2
£87.5K06/230.77 miApartment 18, Ashfield Court, Glover Street, St Helens, Merseyside WA10 3QY2
£67K10/220.92 mi33, Cygnet Gardens, St Helens, Merseyside WA9 1SE2
£60K02/210.92 mi27, Cygnet Gardens, St Helens, Merseyside WA9 1SE2
£66.5K05/220.94 mi5, Waverly Court, St Helens, Merseyside WA9 3BT2
£58K10/210.98 mi55, Boardmans Lane, St Helens, Merseyside WA9 1HH2
£65K01/210.98 mi41, Breccia Gardens, St. Helens, Merseyside WA9 1SB2
£100K10/220.98 mi18, Breccia Gardens, St Helens, Merseyside WA9 1SB2
£72.2K11/220.99 mi10, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£72.2K11/220.99 mi4, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£72.2K11/221.03 mi8, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£81K05/221.07 mi43, Grasmere Avenue, St Helens, Merseyside WA11 9LX2
£78K08/211.2 mi102, Delph Hollow Way, St. Helens, Merseyside WA9 5GP2
£95K11/221.2 mi32, Delph Hollow Way, St Helens, Merseyside WA9 5GP2
£50K03/211.23 mi45, Liberty Place, St Helens, Merseyside WA10 4PL2
£105K12/221.29 mi2, The Feathers, St Helens, Merseyside WA10 4PG2
£98K06/231.29 mi12, The Feathers, St Helens, Merseyside WA10 4PG2
£105K12/231.38 mi125, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£90K09/231.38 mi123, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£88.5K05/241.38 mi103, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£95K07/211.38 mi83, Knowsley Road, St. Helens, Merseyside WA10 4PZ2
£97K06/231.38 mi91, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£95K01/231.38 mi121, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£96K05/211.48 mi47, Newlove Avenue, St Helens, Merseyside WA10 4DS2
£99K09/231.48 mi12, Cunningham Court, St Helens, Merseyside WA10 4GA2
£85K11/201.48 mi19, Cunningham Court, St Helens, Merseyside WA10 4GA2
£92K09/221.48 mi2, Cunningham Court, St Helens, Merseyside WA10 4GA2
£101.5K09/231.62 mi2d, Carnegie Crescent, St Helens, Merseyside WA9 3LY2
£100K03/211.62 mi5, Holme Road, Eccleston, St. Helens, Merseyside WA10 4QD2
£150K04/211.65 mi111, Moss Bank Road, St Helens, Merseyside WA11 7DF2
£70K02/221.73 mi85, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£55K12/201.73 mi116, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£63K07/211.73 mi97, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£73K09/231.73 mi121, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£250K07/211.87 miApartment 5, Eccleston Hall, Prestbury Drive, Eccleston, St. Helens, Merseyside WA10 5NZ2
£173K12/201.87 miApartment 8, Eccleston Hall, Prestbury Drive, Eccleston, St. Helens, Merseyside WA10 5NZ2
£62K10/201.9 mi269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU2
£75K08/221.9 mi299, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU2
£62K10/201.9 mi269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU2
£85K12/231.9 mi287, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU2
£72K11/231.95 mi218, Newton Road, St Helens, Merseyside WA9 2JQ2

Local Rents

14 rents from £675/mo to £990/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£67510/240.02 miLower Hall Street, St. Helens, WA102
£75010/240.03 mi-2
£67510/240.03 miLower Hall Street, St. Helens, WA102
£72510/240.09 miHall Street, St Helens, WA102
£79504/250.09 mi-2
£69502/240.17 mi-2
£99002/250.19 mi-2
£67503/250.19 mi-2
£70010/240.22 miAlfred Street, St. Helens, Merseyside, WA102
£75004/250.22 mi-2
£75003/250.25 mi-2
£70010/240.26 mi12 Arrivato Plaza, Hall Street, St. Helens2
£75010/240.33 mi-2
£79510/240.34 miGleave Street, St Helens, WA102

Local Area Statistics

Population in WA10

38,450

Population in Saint Helens

127,858

Nearest school

0.10 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £55,000

March 16, 2025

Listed for £57,500

May 14, 2024

Floor Plans

Description

  • First Floor Two Bedroom Apartment +
  • Close to local amenities and Transport Links +
  • Open Plan Lounge/Kitchen With Balcony Off +
  • En - Suite To Master Bedroom +
  • Within Walking Distance To St Helens Town Centre +
  • Ideal First Purchase +
  • CASH BUYERS ONLY +

New to the market is the Two Bedroom First Floor Apartment. Boasting a prime position close to local amenities and transport links, this residence presents an ideal opportunity for those seeking a convenient and vibrant lifestyle.

As you step inside, you are greeted by an inviting open-plan lounge and kitchen area, designed to accommodate modern living at its finest. The seamless flow from the lounge to the kitchen creates a versatile space ideal for both relaxing and entertaining. The kitchen is thoughtfully appointed with fixtures and fittings, providing a functional yet aesthetically pleasing environment for culinary enthusiasts.

The apartment features two generously sized bedrooms, with the master bedroom benefitting from a private en-suite bathroom. The neutral colour palette and abundance of natural light create a serene atmosphere, offering a tranquil retreat for rest and relaxation.

One of the standout features of this property is the balcony, located just off the lounge area. Perfect for enjoying a morning coffee or unwinding after a long day, the balcony provides a private outdoor space to soak in the surrounding views and fresh air.

Situated within walking distance to St Helens Town Centre.

This property is an ideal first purchase for those looking to step onto the property ladder. With its modern design, convenient location, and practical layout, this apartment presents a unique opportunity to embrace a comfortable and stylish lifestyle in a sought-after area.

In summary, this two-bedroom apartment offers a perfect blend of modern convenience and comfort, presenting an attractive prospect for buyers seeking a well-appointed residence in a central location. Don't miss the chance to make this property your own and discover the endless possibilities of city living at its finest.

EPC Rating: C

Agent Details

Ashtons Estate Agency, St Helens

01744 411922

Next Steps?

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