3 Bed Semi-Detached House, Refurb/BRRR, Warrington, WA1 4EX, £250,000

Berkshire Drive, Woolston, WA1 4EX - 1 views - 10 months ago

Sold STC
Refurb/BRRR
~93 m²
+23 photos

ValuationFair Value

Sold Prices£115K - £350.5K
Sold Prices/m²£1.3K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£255,000

 

 

End Value (After Refurb)

£279,574

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£39,401

Bridging Loan Interest

£6,563

Total Cash In

£118,914

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£279,574

Mortgage (After Refinance)

£209,681

Mortgage LTV

75%

Cash Released

£22,181

Cash Left In

£96,733

Equity

£69,894

Rent Range

£900 - £1,400

Rent Estimate

£1,143

Running Costs/mo

£1,122

Cashflow/mo

£21

Cashflow/yr

£249

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £115K to £350.5K, average is £242.5K. £1.3K/m² to £4.3K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£165K03/210.04 mi46, Vaudrey Drive, Woolston, Warrington WA1 4HG3
£290K08/230.04 mi10, Vaudrey Drive, Woolston, Warrington WA1 4HG3
£260K08/240.04 mi22, Berkshire Drive, Woolston, Warrington WA1 4EX3
£255K11/230.08 mi25, Acacia Avenue, Woolston, Warrington WA1 4EN3
£300K09/210.08 mi70, Berkshire Drive, Woolston, Warrington WA1 4HD3
£315K05/230.08 mi34, Berkshire Drive, Woolston, Warrington WA1 4HD3
£260K05/230.08 mi44, Berkshire Drive, Woolston, Warrington WA1 4HD3
£317.9K04/230.09 mi21, Linden Close, Woolston, Warrington WA1 4EW3
£230K05/240.09 mi30, Linden Close, Woolston, Warrington WA1 4EW3
£235K01/210.09 mi15, Alder Road, Woolston, Warrington WA1 4EJ3
£295K02/230.09 mi27, Acacia Avenue, Woolston, Warrington WA1 4EN3
£310K06/230.11 mi32, Dam Lane, Woolston, Warrington WA1 4ET3
£170K06/210.13 mi43, Gig Lane, Woolston, Warrington WA1 4EE3
£160K08/210.13 mi52, Gig Lane, Woolston, Warrington WA1 4EE3
£143K12/200.13 mi56, Gig Lane, Woolston, Warrington WA1 4EE3
£220K02/230.14 mi10, Gloucester Close, Woolston, Warrington WA1 4HP3
£270K05/240.15 mi97, Berkshire Drive, Woolston, Warrington WA1 4HB3
£310K04/230.15 mi61, Berkshire Drive, Woolston, Warrington WA1 4HB3
£195K11/200.15 mi10, Ivy Road, Woolston, Warrington WA1 4DS3
£226K06/230.15 mi193, Manchester Road, Woolston, Warrington WA1 4HL3
£175K11/200.17 mi19, Fitzwalter Road, Woolston, Warrington WA1 4BT3
£226.9K09/210.18 mi1, Fitzwalter Road, Woolston, Warrington WA1 4BT3
£115K10/200.18 mi38, Fitzwalter Road, Woolston, Warrington WA1 4BT3
£220K06/230.18 mi21, Fitzwalter Road, Woolston, Warrington WA1 4BT3
£205K09/230.18 mi3, Fitzwalter Road, Woolston, Warrington WA1 4BT3
£212K03/210.18 mi5, Mawdsley Avenue, Woolston, Warrington WA1 4DJ3
£295K09/210.19 mi2, Wessex Close, Woolston, Warrington WA1 4DD3
£295.6K06/210.19 mi16, Wiltshire Close, Woolston, Warrington WA1 4DA3
£273K09/210.2 mi3, Stirling Close, Woolston, Warrington WA1 4DW3
£279.9K06/210.2 mi11, Stirling Close, Woolston, Warrington WA1 4DW3
£250K09/230.2 mi1, Marshall Road, Woolston, Warrington WA1 4BS3
£220K07/210.2 mi9, Mancroft Close, Woolston, Warrington WA1 4DH3
£290K05/240.2 mi8, Mancroft Close, Woolston, Warrington WA1 4DH3
£220K09/230.2 mi11, Mancroft Close, Woolston, Warrington WA1 4DH3
£350.5K09/210.21 mi155, Hillock Lane, Woolston, Warrington WA1 4PJ3
£240K03/210.21 mi133, Hillock Lane, Woolston, Warrington WA1 4PJ3
£225K03/240.21 mi35, Hertford Close, Woolston, Warrington WA1 4EZ3
£325K09/220.21 mi10, Hertford Close, Woolston, Warrington WA1 4EZ3
£230K03/210.21 mi48, Hertford Close, Woolston, Warrington WA1 4EZ3
£187K02/210.21 mi19, Hertford Close, Woolston, Warrington WA1 4EZ3
£280K03/210.21 mi11, Monmouth Close, Woolston, Warrington WA1 4DU3
£180K02/210.24 mi17, Parksway, Woolston, Warrington WA1 4BP3
£305.8K06/230.25 mi21, Epping Drive, Woolston, Warrington WA1 4QN3
£245K03/210.25 mi28, Epping Drive, Woolston, Warrington WA1 4QL3
£260K11/230.25 mi72, Epping Drive, Woolston, Warrington WA1 4QN3
£284.7K11/230.25 mi98, Epping Drive, Woolston, Warrington WA1 4QN3
£273.9K08/240.26 mi33, Laburnum Avenue, Woolston, Warrington WA1 4NY3
£215K10/210.26 mi97, Cliftonville Road, Woolston, Warrington WA1 4BJ3
£215K05/240.26 mi128, Cliftonville Road, Woolston, Warrington WA1 4BJ3
£200K04/210.26 mi150, Cliftonville Road, Woolston, Warrington WA1 4BJ3

Local Rents

12 rents from £900/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40010/240.08 miLinden Close, Woolston, WA13
£1,10010/240.09 miLinden Close, Woolston3
£1,20010/240.15 miBaron Close, Woolston, WA13
£1,28002/240.18 mi-3
£1,30012/240.19 mi-3
£1,35003/250.22 mi-3
£1,15002/240.34 mi-3
£1,10010/240.39 miManchester Road, Woolston, Warrington3
£99510/240.95 miThe Stables, Manchester Road, Woolston, Warrington3
£90010/241.01 mi-3
£1,00002/241.14 mi-3
£1,05002/251.24 mi-3

Local Area Statistics

Population in WA1

21,579

Population in Warrington

215,344

Town centre distance

1.62 miles away

Nearest school

0.30 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £250,000

May 25, 2024

Floor Plans

Description

  • Extended Three Bedroom Semi Detached Family Home +
  • Flexible Living Accommodation +
  • In Need of Some Modernisation +
  • Private Rear Gardens with South Facing Aspect +
  • No Onward Chain and Freehold Tenure +
  • Kings Academy Catchment Area +
  • Convenient Access to Warrington Town Centre and Nearby Motorway Links M6/M62 +

Situated in a prime location, this extended three-bedroom semi-detached family home offers a rare opportunity for the discerning buyer seeking a property with the potential for flexible living accommodation. In need of some modernisation, this residence warmly welcomes its new owners to reimagine and revitalise its space to suit their own unique preferences.

Upon entering, the property presents a well-proportioned living area conducive to both family gatherings and quiet evenings in. The ground floor features a spacious lounge area, perfect for relaxation, and a separate dining room ideal for hosting guests or enjoying meals together. The kitchen provides ample space for culinary creativity and is well-equipped to cater to the demands of modern living. A further reception room offers flexible accommodation and could lend its self to a fourth bedroom.

Ascending to the upper floor, three generously sized bedrooms await, offering comfortable retreats for the entire household. The master bedroom benefits from the property's extension, providing additional space for customisation to create a luxurious sanctuary. The family bathroom completes the first floor, providing convenience and functionality to meet the needs of daily routines.

Outdoors, the property boasts private rear gardens with a desirable south-facing aspect, offering a tranquil escape from the hustle and bustle of daily life. The paved driveway provides off-road parking, catering to the needs of modern-day living.

Conveniently located in the sought-after Kings Academy catchment area, this property promises an excellent opportunity for families with school-aged children seeking quality education for their young ones. Furthermore, the property's close proximity to Warrington Town Centre and nearby motorway links M6/M62 ensures easy access to a host of local amenities and transportation connections, making it an ideal choice for those seeking convenience and connectivity in their daily lives.

Offered with no onward chain and freehold tenure, this property presents a rare opportunity to acquire a well-situated family home that holds immense potential for transformation and personalisation. For those seeking a property with scope for enhancement in a sought-after location, this residence offers a canvas for creating a dream home tailored to individual tastes and preferences. Viewing is highly recommended to fully appreciate the possibilities this property has to offer.

Agent Details

Ashtons Estate Agency, Warrington

01925 361702

Next Steps?

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