3 Bed Semi-Detached House, Refurb/BRRR, Prescot, L35 5AY, £140,000

Poplar Grove, Whiston, Prescot, Merseyside, L35 5AY - 2 views - 9 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£75K - £258K
Sold Prices/m²£882/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£144,200
BMV3%

 

 

End Value (After Refurb)

£169,739

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Refurb Costs

£39,200

Bridging Loan Interest

£3,675

Total Cash In

£87,825

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£169,739

Mortgage (After Refinance)

£127,304

Mortgage LTV

75%

Cash Released

£22,304

Cash Left In

£65,521

Equity

£42,435

Rent Range

£850 - £1,500

Rent Estimate

£1,030

Running Costs/mo

£756

Cashflow/mo

£274

Cashflow/yr

£3,283

ROI

4%

Gross Yield

9%

Local Sold Prices

49 sold prices from £75K to £258K, average is £156K. £882/m² to £3.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£135K04/210 mi53, Poplar Grove, Prescot, Merseyside L35 5AY3
£225K10/210 mi15, Poplar Grove, Prescot, Merseyside L35 5AY3
£158K09/230.02 mi26, Poplar Grove, Prescot, Merseyside L35 5AZ3
£210K01/210.05 mi4, Maple Grove, Prescot, Merseyside L35 5BB3
£232.5K07/240.06 mi174, Warrington Road, Whiston, Prescot, Merseyside L35 2UA3
£240K05/210.06 mi208, Warrington Road, Whiston, Prescot, Merseyside L35 2UA3
£166K10/200.08 mi16, Ash Grove, Prescot, Merseyside L35 5BD3
£200K01/230.09 mi9, Willow Grove, Prescot, Merseyside L35 5BA3
£230K01/230.11 mi17, Beechwood Grove, Prescot, Merseyside L35 5AX3
£190K02/240.11 mi6, Beechwood Grove, Prescot, Merseyside L35 5AX3
£145K12/200.11 mi3, Beechwood Grove, Prescot, Merseyside L35 5AX3
£150K08/240.11 mi4, Beechwood Grove, Prescot, Merseyside L35 5AX3
£150K12/200.12 mi151, Warrington Road, Prescot, Merseyside L35 5AD3
£115K11/200.13 mi28, Cable Road, Whiston, Prescot, Merseyside L35 5AW3
£220K07/220.13 mi14, Wyke Road, Prescot, Merseyside L35 5HL3
£105K12/230.14 mi179, Warrington Road, Whiston, Prescot, Merseyside L35 5AF3
£257.5K08/230.16 mi34, Sinclair Avenue, Prescot, Merseyside L35 7LN3
£165K12/200.17 mi36, Broadlands, Prescot, Merseyside L35 5JA3
£217K10/210.17 mi5, Broadlands, Prescot, Merseyside L35 5JA3
£185K09/230.17 mi39, Broadlands, Prescot, Merseyside L35 5JA3
£127.5K11/200.17 mi79, Kingsway, Prescot, Merseyside L35 5BQ3
£87K06/210.17 mi33, Cook Street, Whiston, Prescot, Merseyside L35 2UJ3
£142K10/220.18 mi50, Shaw Lane, Prescot, Merseyside L35 5BZ3
£80.5K01/210.18 mi24, Lathum Close, Prescot, Merseyside L35 5BP3
£169.9K09/210.19 mi5, Edward Road, Whiston, Prescot, Merseyside L35 5AH3
£146.8K08/240.19 mi31, Gilbert Road, Whiston, Prescot, Merseyside L35 5AG3
£128K12/200.21 mi14, Hayes Avenue, Prescot, Merseyside L35 5BJ3
£135K11/230.21 mi81, Hayes Avenue, Prescot, Merseyside L35 5BH3
£168.5K02/210.23 mi10, Dragon Lane, Whiston, Prescot, Merseyside L35 2UF3
£113K12/200.24 mi29, Youatt Avenue, Prescot, Merseyside L35 5BU3
£258K12/230.26 mi11, Time Park, Whiston, Prescot, Merseyside L35 7NU3
£210K06/210.28 mi129, Scotchbarn Lane, Prescot, Merseyside L35 7JA3
£156K04/210.28 mi133, Scotchbarn Lane, Prescot, Merseyside L35 7JA3
£115K04/210.3 mi61, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£150K08/220.3 mi59, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£135K01/230.31 mi12, Castlewell, Whiston, Prescot, Merseyside L35 2YS3
£180K07/210.31 mi15, Sinclair Close, Prescot, Merseyside L35 7LD3
£155K08/210.33 mi17, Sutherland Road, Prescot, Merseyside L34 2TU3
£182.2K03/230.33 mi11, Sutherland Road, Prescot, Merseyside L34 2TU3
£142.5K02/240.33 mi44, Bretherton Road, Prescot, Merseyside L34 2TF3
£115K03/210.33 mi22, Gregson Road, Prescot, Merseyside L35 5DL3
£127.5K08/230.33 mi15, Shaw Lane, Prescot, Merseyside L35 5BR3
£169K08/230.33 mi82, Saunders Avenue, Prescot, Merseyside L35 5DQ3
£174.5K05/230.33 mi88, Dragon Lane, Whiston, Prescot, Merseyside L35 2UQ3
£233K06/210.33 mi70, Sinclair Avenue, Prescot, Merseyside L35 7LW3
£180K11/230.33 mi58, Sinclair Avenue, Prescot, Merseyside L35 7LW3
£145K01/210.33 mi42, The Crescent, Whiston, Prescot, Merseyside L35 2XF3
£75K07/210.34 mi19, Birch Close, Whiston, Prescot, Merseyside L35 2XD3
£117K02/210.35 mi22, Steley Way, Prescot, Merseyside L34 5NU3

Local Rents

24 rents from £850/mo to £1.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£90012/240.05 miSteward Court, Prescot, Merseyside, L353
£1,00003/240.07 mi-3
£92006/240.07 mi-3
£92004/240.08 miAsh Grove, Prescot, L353
£90011/240.08 mi-3
£1,00004/240.13 miBrook Street, Whiston, Merseyside3
£1,20005/240.31 miSinclair Avenue, Prescot3
£1,20005/240.31 miSinclair Avenue, Prescot3
£1,20012/240.32 miSinclair Avenue, Prescot, Merseyside3
£1,25012/240.33 miLayton Way, Prescot, L343
£95012/240.37 miStation Road Boulevard, Prescot, L343
£85004/240.4 mi-3
£1,00012/240.42 miCliftonville, Prescot3
£1,10012/240.45 mi-3
£1,10012/240.45 mi-3
£90001/250.45 mi-3
£90004/250.45 mi-3
£1,20011/240.47 mi-3
£85012/240.48 mi-3
£85002/250.48 mi-3
£85002/250.48 mi-3
£1,12504/240.52 miPrescot Park, Prescot, L343
£1,00004/240.56 miCartmel Drive, Prescot L35 9JS3
£1,50003/250.6 mi-3

Local Area Statistics

Population in L35

30,730

Population in Prescot

43,001

Town centre distance

0.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.31 miles away

 

 

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £140,000

August 8, 2024

Description

  • 3 BEDROOMED SEMI DETACHED +
  • IN NEED OF RENOVATION +
  • CLOSE TO WHISTON HOSPITAL +
  • EXTENDED +
  • LOUNGE/DINING ROOM +
  • DINING KITCHEN +
  • GCH/DG +
  • VACANT POSSESSION +
  • NO CHAIN +
  • GOOD SIZED GARDEN +

Extended 3 bedroomed semi detached house with good sized garden, close to Whiston Hospital and in need of renovation. Gas central heating and double glazing, some electrical work done, new flat roof, vacant possession and no chain. Accommodation consists of an entrance hall leading to an extended lounge/dining room. A dining kitchen which has been extended. Three bedrooms and a bathroom to the first floor. Lots of potential for a first time buyer to investor. Close to Prescot Town Centre, train station, and motorway links.

The mention of any appliances and/or services within these sales particulars does not imply that they are in full efficient working order.

Accommodation Comprising

Entrance Hallway
UPVC front door. UPVC window to the side. Radiator. Laminate flooring. Meter cupboard, coat cupboard, telephone socket, smoke alarm. Doors to lounge and kitchen. Stairs to first floor.

Lounge
18'1"(5.50m) x 10'10"(3.30m)
UPVC windows to the front. Gas fire with marble effect surround. Artexed ceiling. Coving. Opening into dining room.

Dining Room
8'10"(2.70m) x 8'10"(2.70m)
UPVC patio door to garden. Serving hatch. Artexed ceiling. Coving.

Kitchen
9'10"(3.00m) x 9'2" (2.80m)
UPVC window to the rear. UPVC back door. Fitted with a range of units. Plumbed for washing machine. Gas cooker point.

Dining Room
6'7"(2.00m) x 6'7"(2.00m)
UPVC window to side. Central heating boiler (not in service). Gas meter cupboard. Central heating controls. Central heating radiator.

Landing
Stairs with spindle balustrade. Doors to all rooms. Loft access. UPVC window to side.

Bedroom 1
10'6"(3.20m) x 10'10" (3.30m)
UPVC window to the front. Central heating radiator. Artexed ceiling.

Bedroom 2
8'10"(2.70m) x 10'10"(3.30m)
UPVC window to the rear. Built in cupboard housing immersion heater. Central heating radiator.

Bedroom 3
7'10"(2.40m) x 6'7"(2.00m)
UPVC window to the front. Central heating radiator.

Bathroom
5'7"(1.70m) x 6'7"(2.00m)
UPVC window to the rear.
Low level wc. Pedestal wash hand basin. Panelled bath with Triton shower over. Fully tiled walls.

Outside
Front
Low brick wall with path to front door. Grassed lawn. Gate to side entry.

Rear Garden
Fully fenced garden with side area and garden shed. Gated access from side. Flagged patio and lawn with borders.

Agent Details

Cameron Mackenzie, Rainhill

0151 453 9621

Next Steps?

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