2 Bed Terraced House, Refurb/BRRR, Prescot, L34 2TB, £105,000

Bretherton Road, Prescot, L34 2TB - 2 views - 10 months ago

Sold STC

Refurb/BRRR

ROI: 7%

~49 m²

ValuationOvervalued

Sold Prices	£58K - £185K
Sold Prices/m²	£716/m² - £2.6K/m²

Square Metres	~49 m²
Price/m²	£2.1K/m²
Value Estimate	£73,085£73,085

End Value (After Refurb)	£98,500£98,500

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£26,250£26,250
Stamp Duty & Legal Fees	£4,350£4,350
Refurb Costs	£20,654£20,654
Bridging Loan Interest	£2,756£2,756
Total Cash In	£55,760£55,760

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£98,500£98,500
Mortgage (After Refinance)	£73,875£73,875
Mortgage LTV	75%75%
Cash Left In	£55,760£55,760
Equity	£24,625£24,625
Rent Range	£550 - £1,200£550 - £1,200
Rent Estimate	£812
Running Costs/mo	£490£490
Cashflow/mo	£322£322
Cashflow/yr	£3,861£3,861
ROI	7%7%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £58K to £185K, average is £120K. £716/m² to £2.6K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£115K	07/22	0.04 mi	21, Bretherton Road, Prescot, Merseyside L34 2TB	£1,653	70	2	Terraced House
£135K	07/22	0.05 mi	24, Maryville Road, Prescot, Merseyside L34 2TA	£1,646	82	2	Terraced House
£124K	03/23	0.05 mi	30, Maryville Road, Prescot, Merseyside L34 2TA	£1,615	77	2	Terraced House
£120K	04/23	0.05 mi	51, Bretherton Road, Prescot, Merseyside L34 2TB	£1,791	67	2	Terraced House
£107K	12/20	0.06 mi	57, Bretherton Road, Prescot, Merseyside L34 2TE	£1,507	71	2	Terraced House
£152K	10/21	0.06 mi	24, Sutherland Road, Prescot, Merseyside L34 2TU	-	-	2	Terraced House
£140K	06/21	0.06 mi	6, Sutherland Road, Prescot, Merseyside L34 2TU	£2,139	65	2	Semi-Detached House
£135.5K	11/22	0.08 mi	16, Mines Avenue, Prescot, Merseyside L34 2TD	£1,993	68	2	Semi-Detached House
£150K	10/23	0.08 mi	5, Mines Avenue, Prescot, Merseyside L34 2TD	-	-	2	Semi-Detached House
£90K	01/21	0.09 mi	32, St James Road, Prescot, Merseyside L34 5RW	£1,268	71	2	Terraced House
£105K	10/22	0.09 mi	24, St James Road, Prescot, Merseyside L34 5RW	£1,382	76	2	Terraced House
£110K	03/21	0.1 mi	43, Scotchbarn Lane, Prescot, Merseyside L34 2TG	£1,009	109	2	Terraced House
£180K	11/22	0.11 mi	11, Hawthorne Road, Prescot, Merseyside L34 2SY	£2,338	77	2	Semi-Detached House
£88K	09/22	0.12 mi	51, St James Road, Prescot, Merseyside L34 2SE	£1,492	59	2	Terraced House
£160K	01/23	0.16 mi	79, St James Road, Prescot, Merseyside L34 2SF	£1,633	98	2	Terraced House
£158K	01/24	0.17 mi	51, Sinclair Avenue, Prescot, Merseyside L35 7LL	£2,358	67	2	Terraced House
£150K	04/21	0.18 mi	97, Scotchbarn Lane, Prescot, Merseyside L35 7JA	£1,999	75	2	Semi-Detached House
£185K	07/24	0.18 mi	117, Scotchbarn Lane, Prescot, Merseyside L35 7JA	£2,606	71	2	Semi-Detached House
£168K	03/23	0.18 mi	123, Scotchbarn Lane, Prescot, Merseyside L35 7JA	£2,545	66	2	Semi-Detached House
£90K	05/21	0.21 mi	57, Albany Road, Prescot, Merseyside L34 2SD	£1,216	74	2	Terraced House
£100K	07/22	0.21 mi	37, Albany Road, Prescot, Merseyside L34 2SD	£1,607	62	2	Terraced House
£82K	12/22	0.21 mi	9, Albany Road, Prescot, Merseyside L34 2SD	£1,208	68	2	Terraced House
£130K	10/22	0.23 mi	42, Columbia Road, Prescot, Merseyside L34 2SB	£1,912	68	2	Terraced House
£110K	03/23	0.23 mi	24, Columbia Road, Prescot, Merseyside L34 2SB	£1,038	106	2	Semi-Detached House
£120K	06/22	0.23 mi	36, Columbia Road, Prescot, Merseyside L34 2SB	£1,875	64	2	Terraced House
£96K	02/21	0.24 mi	38, Pottery Fields, Prescot, Merseyside L34 5RL	£1,500	64	2	Terraced House
£87K	10/20	0.24 mi	14, Pottery Fields, Prescot, Merseyside L34 5RL	£1,261	69	2	Terraced House
£78.8K	03/23	0.24 mi	48, Pottery Fields, Prescot, Merseyside L34 5RL	£1,175	67	2	Terraced House
£132K	06/23	0.25 mi	31, Columbia Road, Prescot, Merseyside L34 2SA	£1,630	81	2	Terraced House
£111K	11/20	0.25 mi	35, Columbia Road, Prescot, Merseyside L34 2SA	£1,233	90	2	Terraced House
£58K	12/20	0.25 mi	7, Columbia Road, Prescot, Merseyside L34 2SA	£716	81	2	Terraced House
£115K	01/21	0.25 mi	15, Columbia Road, Prescot, Merseyside L34 2SA	£1,438	80	2	Terraced House
£125K	09/22	0.25 mi	7, Columbia Road, Prescot, Merseyside L34 2SA	£1,543	81	2	Terraced House
£130K	07/21	0.26 mi	103, Warrington Road, Prescot, Merseyside L35 5AD	-	-	2	Detached House
£125K	11/20	0.26 mi	11, Queens Road, Prescot, Merseyside L34 6JA	£1,389	90	2	Terraced House
£113.8K	04/24	0.26 mi	16, Queens Road, Prescot, Merseyside L34 6JA	£1,293	88	2	Terraced House
£115K	08/23	0.26 mi	9, Queens Road, Prescot, Merseyside L34 6JA	£1,162	99	2	Terraced House
£125K	02/21	0.26 mi	26, Broadlands, Prescot, Merseyside L35 5JA	£2,165	58	2	Semi-Detached House
£155K	07/23	0.3 mi	53, Gilbert Road, Whiston, Prescot, Merseyside L35 5AG	£2,067	75	2	Terraced House
£130K	09/23	0.3 mi	35, Gilbert Road, Whiston, Prescot, Merseyside L35 5AG	-	-	2	Terraced House
£150K	09/22	0.31 mi	49, Cross Street, Prescot, Merseyside L34 6JE	£1,899	79	2	Terraced House
£130K	06/22	0.31 mi	12, Cross Street, Prescot, Merseyside L34 6JG	£1,884	69	2	Terraced House
£120K	04/21	0.31 mi	10, Ford Road, Prescot, Merseyside L35 7LE	-	-	2	Terraced House
£134K	03/21	0.31 mi	7, Ford Road, Prescot, Merseyside L35 7LE	£1,654	81	2	Terraced House
£117K	11/22	0.32 mi	10, Mcvinnie Road, Prescot, Merseyside L35 7LB	-	-	2	Terraced House
£102.5K	10/22	0.32 mi	23, Duke Street, Prescot, Merseyside L34 6JD	£1,530	67	2	Terraced House
£117.5K	01/24	0.32 mi	14, Duke Street, Prescot, Merseyside L34 6JD	£1,655	71	2	Terraced House
£79.5K	01/23	0.32 mi	16, Duke Street, Prescot, Merseyside L34 6JD	-	-	2	Terraced House
£110K	05/23	0.32 mi	18, Duke Street, Prescot, Merseyside L34 6JD	£1,787	62	2	Terraced House
£120K	04/24	0.33 mi	22, Cyprus Street, Prescot, Merseyside L34 5RY	£1,481	81	2	Terraced House

Local Rents

45 rents from £550/mo to £1.2K/mo, average is £800/mo.

Rent	Date	Distance	Address	Beds	Type
£800	12/24	0.11 mi	-	2	Terraced House
£625	01/25	0.17 mi	-	2	Terraced House
£850	03/25	0.18 mi	-	2	Semi-Detached House
£695	12/24	0.18 mi	-	2	Flat
£750	03/24	0.24 mi	-	2	Terraced House
£550	12/24	0.25 mi	-	2	Flat
£840	12/24	0.28 mi	-	2	Semi-Detached House
£840	12/24	0.28 mi	Broadlands, Prescot, L35	2	Semi-Detached House
£950	12/24	0.29 mi	-	2	Semi-Detached House
£690	12/24	0.3 mi	-	2	Terraced House
£795	02/25	0.31 mi	-	2	Flat
£850	12/24	0.31 mi	-	2	Flat
£850	12/24	0.32 mi	-	2	Terraced House
£925	04/24	0.34 mi	Bridgefield Court, Prescot	2	Flat
£850	04/24	0.34 mi	-	2	Flat
£850	10/24	0.34 mi	-	2	Flat
£945	12/24	0.34 mi	Bridgefield Court, Prescot	2	Flat
£900	05/24	0.35 mi	Bridge Road, Prescot, Merseyside, L34	2	Flat
£795	01/24	0.36 mi	-	2	Flat
£795	12/24	0.36 mi	-	2	Flat
£825	03/25	0.36 mi	-	2	Flat
£795	12/24	0.36 mi	-	2	Flat
£800	03/25	0.37 mi	-	2	Detached House
£800	04/25	0.37 mi	-	2	Detached House
£700	12/24	0.37 mi	Rowson Street, Prescot, Merseyside, L34	2	Terraced House
£775	12/24	0.4 mi	Pendleton Court, Speakman Way, Prescot, L34	2	Flat
£650	04/24	0.4 mi	Eccleston Street, Prescot, Merseyside, L34	2	Flat
£850	12/24	0.41 mi	Kenneth Close, Prescot, Merseyside, L34	2	Flat
£850	12/24	0.41 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£775	12/24	0.41 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£775	04/24	0.41 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£1,200	02/25	0.41 mi	-	2	Flat
£850	12/24	0.44 mi	New Road, Prescot, L34	2	Terraced House
£795	04/24	0.48 mi	-	2	Flat
£795	12/24	0.48 mi	-	2	Flat
£650	05/24	0.48 mi	Kemble Street, Prescot, Merseyside	2	Flat
£850	12/24	0.48 mi	-	2	Terraced House
£750	02/25	0.49 mi	-	2	Flat
£750	12/24	0.49 mi	-	2	Flat
£750	11/24	0.49 mi	-	2	Flat
£850	12/24	0.49 mi	-	2	Terraced House
£920	03/25	0.5 mi	-	2	Flat
£850	12/24	0.5 mi	-	2	Flat
£990	10/24	0.5 mi	-	2	Flat
£800	11/24	0.56 mi	-	2	Flat

Local Area Statistics

Population in L34	12,24412,244
Population in Prescot	43,00143,001
Town centre distance	0.49 miles away0.49 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.39 miles away0.39 miles away

Rental growth (12m)	+39%+39%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+44%+44%

Property History

Listed for £105,000

June 13, 2024

Floor Plans

Description

FIRST-TIME BUYERS +
INVESTORS +
TWO BEDROOM +
MID TERRACED +
FREEHOLD +
CONVENIENT LOCATION +
NO CHAIN +

First-Time Buyers - Investors

Stapleton Derby is pleased to present this two-bedroom mid-terraced property in Prescot. Conveniently located near Prescot Town Center and the town's railway stations, this home offers a wealth of local amenities. Its prime location ensures easy access to motorways, making commuting to Liverpool and Manchester straightforward.

The property features a living room, dining area, kitchen, and a downstairs bathroom. Upstairs, there are two double bedrooms and storage space. The front offers on-road parking, while the rear includes a yard and patio area.

The property requires modernisation.
FREEHOLD, NO CHAIN - Floor plan and EPC ordered.

Agent Details

Stapleton Derby, St Helens

01744 903791

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed House, Refurb/BRRR, Prescot, L34 2SP

£80,000

37 views • a year ago • 79 m²

2 Bed House, Refurb/BRRR, Prescot, L34 2SP

£80,000

73 views • a year ago • 62 m²

3 Bed House, Refurb/BRRR, Prescot, L34 2SW

£205,000

a year ago • 105 m²

Sold STC

3 Bed House, Refurb/BRRR, Prescot, L35 7JD

£250,000

4 views • 2 months ago • 125 m²

2 Bed Terraced House, Refurb/BRRR, Prescot, L34 2TB, £105,000

ValuationOvervalued

Investment OpportunityOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

2 Bed House, Refurb/BRRR, Prescot, L34 2SP

2 Bed House, Refurb/BRRR, Prescot, L34 2SP

3 Bed House, Refurb/BRRR, Prescot, L34 2SW

3 Bed House, Refurb/BRRR, Prescot, L35 7JD

Investment Opportunity

Local Sold Prices

Local Rents