3 Bed Semi-Detached House, Refurb/BRRR, Whitchurch, SY13 1JA, £205,000

2 Belton Road, Whitchurch, SY13 1JA - 3 views - 7 months ago

Refurb/BRRR
97 m²
+12 photos

ValuationOvervalued

Sold Prices£117K - £465K
Sold Prices/m²£1.3K/m² - £4.9K/m²

 

 

Square Metres

97 m²
Price/m²£2.1K/m²

Value Estimate

£200,019

 

 

End Value (After Refurb)

£221,544

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£51,250

Stamp Duty & Legal Fees

£7,350

Refurb Costs

£39,458

Bridging Loan Interest

£5,381

Total Cash In

£105,189

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£221,544

Mortgage (After Refinance)

£166,158

Mortgage LTV

75%

Cash Released

£12,408

Cash Left In

£92,781

Equity

£55,386

Rent Range

£372 - £8,000

Rent Estimate

£903

Running Costs/mo

£893

Cashflow/mo

£10

Cashflow/yr

£121

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £117K to £465K, average is £205.5K. £1.3K/m² to £4.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£153K06/210.04 mi5, Belton Road, Whitchurch, Shropshire SY13 1HZ3
£208K06/210.04 mi49, Belton Road, Whitchurch, Shropshire SY13 1HZ3
£260K03/240.04 mi29, Belton Road, Whitchurch, Shropshire SY13 1HZ3
£269.5K12/220.05 mi18, Belton Road, Whitchurch, Shropshire SY13 1JA3
£160K02/240.05 mi8, Belton Road, Whitchurch, Shropshire SY13 1JA3
£258K09/230.05 mi20, Belton Road, Whitchurch, Shropshire SY13 1JA3
£250K03/240.05 mi24, Belton Road, Whitchurch, Shropshire SY13 1JA3
£200K10/230.07 mi90, Thompson Drive, Whitchurch, Shropshire SY13 1JH3
£390K07/230.09 mi1, Belton Close, Whitchurch, Shropshire SY13 1HY3
£200K11/200.12 mi174, Wrexham Road, Whitchurch, Shropshire SY13 1HU3
£145K01/210.12 mi148, Wrexham Road, Whitchurch, Shropshire SY13 1HU3
£200K09/230.12 mi164, Wrexham Road, Whitchurch, Shropshire SY13 1HU3
£240K03/230.12 mi87, Wrexham Road, Whitchurch, Shropshire SY13 1HX3
£205K02/230.13 mi6, Sharps Drive, Whitchurch, Shropshire SY13 1JP3
£146K03/230.13 mi10, Sharps Drive, Whitchurch, Shropshire SY13 1JP3
£160K09/230.13 mi27, Sharps Drive, Whitchurch, Shropshire SY13 1JP3
£147.5K11/200.14 mi43, Thompson Drive, Whitchurch, Shropshire SY13 1JJ3
£130K07/210.17 mi4, Caldecott Crescent, Whitchurch, Shropshire SY13 1JN3
£160K05/230.17 mi4, Caldecott Crescent, Whitchurch, Shropshire SY13 1JN3
£182K08/230.17 mi6, Caldecott Crescent, Whitchurch, Shropshire SY13 1JN3
£161K11/200.17 mi6, Caldecott Crescent, Whitchurch, Shropshire SY13 1JN3
£123K01/210.17 mi35, Caldecott Crescent, Whitchurch, Shropshire SY13 1JN3
£166K04/210.18 mi100, Smallbrook Road, Whitchurch, Shropshire SY13 1BY3
£280K01/210.18 mi23, Bathfields Crescent, Whitchurch, Shropshire SY13 1DA3
£285K01/210.18 mi13, Bathfields Crescent, Whitchurch, Shropshire SY13 1DA3
£275K10/210.22 mi11, Chemistry, Whitchurch, Shropshire SY13 1BZ3
£260K03/210.23 mi67, Wrexham Road, Whitchurch, Shropshire SY13 1HT3
£235K09/230.23 mi46, Sharps Drive, Whitchurch, Shropshire SY13 1JR3
£240K01/210.29 mi12, Westbrook Avenue, Whitchurch, Shropshire SY13 1BU3
£465K08/240.29 mi33, Smallbrook Road, Whitchurch, Shropshire SY13 1BT3
£179.6K11/200.3 mi196, Liverpool Road, Whitchurch, Shropshire SY13 1UT3
£435K02/210.3 mi155, Wrexham Road, Whitchurch, Shropshire SY13 1JG3
£355K06/230.31 mi3, Linden Avenue, Whitchurch, Shropshire SY13 1JU3
£250K06/210.32 mi32, Wrexham Road, Whitchurch, Shropshire SY13 1HS3
£117K04/240.32 mi43, Wrexham Road, Whitchurch, Shropshire SY13 1HS3
£148K01/230.35 mi5, Smallbrook Road, Whitchurch, Shropshire SY13 1BP3
£175K08/230.36 mi20, Park Road, Whitchurch, Shropshire SY13 1HR3
£175K10/210.36 mi19, Park Road, Whitchurch, Shropshire SY13 1HR3
£190K08/220.36 mi13, Park Road, Whitchurch, Shropshire SY13 1HR3
£206K05/240.4 mi30, Joyce Way, Whitchurch, Shropshire SY13 1TZ3
£210K12/210.4 mi2, Hillewood Avenue, Whitchurch, Shropshire SY13 1SP3
£370K11/220.4 mi113, Alkington Road, Whitchurch, Shropshire SY13 1SU3
£317K04/210.41 mi213, Alkington Road, Whitchurch, Shropshire SY13 1SY3
£215K04/210.41 mi101, Alkington Road, Whitchurch, Shropshire SY13 1SU3
£330K11/220.44 mi11, Westune Avenue, Whitchurch, Shropshire SY13 1TH3
£234.3K07/210.45 mi1, Alkington Gardens, Whitchurch, Shropshire SY13 1TF3
£165K08/230.46 mi1, Highgate, Whitchurch, Shropshire SY13 1SB3
£192K03/230.46 mi1, Darwin Court, Whitchurch, Shropshire SY13 1NS3
£168K12/230.47 mi3, Sherrymill Hill, Whitchurch, Shropshire SY13 1BN3
£365K02/230.48 mi16, Highfields Avenue, Whitchurch, Shropshire SY13 1TB3

Local Rents

38 rents from £372/mo to £8K/mo, average is £660/mo.

RentDateDistanceAddressBeds 
£99504/240.04 mi-3
£79510/240.18 mi-3
£67509/240.4 miWrexham Road, Whitchurch2
£62509/240.45 miLiverpool Road, Whitchurch1
£97509/240.47 miOrchard Avenue, Whitchurch3
£92509/240.48 miHighfields Avenue, Whitchurch, Shropshire3
£62509/240.5 miPark View, Whitchurch1
£42709/240.51 mi-3
£37209/240.51 mi-1
£77509/240.54 miChestnut Close, Whitchurch2
£60510/240.55 mi-2
£65010/240.55 mi-2
£67009/240.56 mi-2
£67009/240.56 mi-2
£49509/240.56 miHigh Street, Whitchurch1
£54905/240.56 mi-1
£65009/240.57 miHigh Street, Whitchurch, Shropshire2
£42106/240.57 mi-1
£1,25009/240.58 miSHOP UNIT Watergate Street, Whitchurch1
£56509/240.59 miThe Old Grammar School, Bargates, Whitchurch1
£42505/240.61 mi-1
£62509/240.62 mi-2
£65009/240.63 miGreen End, Whitchurch, Shropshire2
£85011/240.64 mi-3
£80009/240.67 mi-2
£40309/240.67 mi-1
£50009/240.7 miGreen End, Whitchurch1
£90003/250.76 mi-3
£72506/240.78 mi-2
£62509/240.82 mi-2
£69509/240.85 miEdward German Drive, Whitchurch, Shropshire2
£77502/250.95 mi-2
£77502/250.95 mi-2
£1,15009/241.08 miDugdale Drive, Whitchurch, Shropshire3
£61509/241.52 miGrindley Brook, Whitchurch, Shropshire2
£1,37509/242.17 mi-4
£60009/242.21 miChurch Close, Whitchurch1
£8,00011/242.28 mi-6

Local Area Statistics

Population in SY13

19,117

Population in Whitchurch

24,885

Town centre distance

102.70 miles away

Nearest school

0.90 miles away

Nearest train station

1.06 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £205,000

September 6, 2024

Floor Plans

Description

  • Three Bedroom Semi-Detached House +
  • Popular Residential Location +
  • Ample Off Road Parking +
  • Two Reception Rooms +
  • Fantastic Potential +
  • Ground Floor Shower Room +
  • Family Bathroom +
  • Good Size Rear Garden +
  • EPC E +
  • Council Tax Band B +

BRIEF DESCRIPTION Located in a popular, established residential area on the fringe of town, this much loved three bedroom semi-detached house offers an exciting opportunity for a new owner to personalise and make it their own. Approached by a neatly brick paved drvieway, which provides ample off road parking, the property's Entrance Porch leads to the Hallway. The ground floor includes a Lounge with bay window, offering a comfortable space for relaxation. Adjacent is a Dining Room which leads into the well-appointed Kitchen, offering plenty of potential for modernisation. A handy ground floor Shower Room adds to the home's functionality. Upstairs, you will find Three Bedrooms and a Family Bathroom. Outside, the good size rear garden includes a lawned area, paved patio and well tended borders with mature shrubs and plants. A greenhouse and timber shed provide additional storage and gardening space. This home is ideal for those looking to add their personal touch so don't miss the opportunity to make this house your own! 

LOCATION Situated in the busy market town of Whitchurch which sits on the Shropshire/Cheshire/Clwyd borders and benefits from a variety of local independent shops, schools, four large supermarkets and other major retailers. The renowned Hill Valley Hotel, Golf & Spa is located on the outskirts of the town which offers great recreational facilities. Whitchurch train station is on a direct line between Crewe and Shrewsbury with onward connections to Manchester, London and Birmingham plus other major cities. The larger centres of Chester, Shrewsbury, Telford, Wrexham and Crewe are all within 16 to 22 miles approximately. 

ENTRANCE HALL  

LOUNGE 13' 6" x 13' 1" (4.11m x 3.99m) max into bay window  

DINING ROOM 15' 7" x 11' 5" (4.75m x 3.48m)  

KITCHEN 16' 6" x 8' 6" (5.03m x 2.59m)  

SHOWER ROOM  

FIRST FLOOR LANDING  

BEDROOM ONE 11' 5" x 10' 9" (3.48m x 3.28m) excluding wardrobes  

BEDROOM TWO 11' 3" x 9' 4" (3.43m x 2.84m)  

BEDROOM THREE 9' 5" x 8' 4" (2.87m x 2.54m)  

BATHROOM 8' 1" x 6' 0" (2.46m x 1.83m) max  

OUTSIDE The good size rear garden includes a lawned area, paved patio and well tended borders with mature shrubs and plants. A greenhouse and timber shed provide additional storage and gardening space. 

TENURE We are advised that the property is Freehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. Vacant possession upon completion. 

LOCAL AUTHORITY Council Tax Band B. Shropshire Council, Shirehall, Shrewsbury, SY2 6ND. Tel:  

SERVICES We are advised that mains electricity, gas, water and drainage are available. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. For broadband and mobile supply and coverage buyers are advised to visit the Ofcom mobile and broadband checker website.  

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract. 

VIEWING ARRANGEMENTS By arrangement with the Agents Office at 34 High Street, Whitchurch, Shropshire, SY13 1BB: Tel: or email:  

HOW TO FIND THIS PROPERTY From the town centre travel into Mill Street and turn right onto Wrexham Road. Continue along Wrexham Road and the turning into Belton Road will be found on the left hand side and No. 2 stands on the right hand side. 

ENERGY PERFORMANCE EPC E. The full energy performance certificate (EPC) is available for this property upon request. 

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request. 

METHOD OF SALE For Sale by Private Treaty. 

WH36294 040924

Agent Details

Barbers, Whitchurch

01948 800372

Next Steps?

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