2 Bed Terraced House, Refurb/BRRR, Saint Helens, WA10 1LR, £85,000

Alfred Street, St. Helens, WA10 1LR - 5 views - 7 months ago

Sold STC
Leasehold
BTL
Refurb/BRRR
ROI: 10%
~68 m²
+7 photos

ValuationFair Value

Sold Prices£50K - £156K
Sold Prices/m²£533/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£85,850

 

 

End Value (After Refurb)

£83,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Refurb Costs

£28,660

Bridging Loan Interest

£2,231

Total Cash In

£57,641

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£83,500

Mortgage (After Refinance)

£62,625

Mortgage LTV

75%

Cash Left In

£57,641

Equity

£20,875

Rent Range

£650 - £3,149

Rent Estimate

£972

Running Costs/mo

£475

Cashflow/mo

£497

Cashflow/yr

£5,960

ROI

10%

Gross Yield

14%

Local Sold Prices

51 sold prices from £50K to £156K, average is £93K. £533/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£91K10/210.01 mi113, Alfred Street, St. Helens, Merseyside WA10 1LR2
£91K08/230.07 mi172, Vincent Street, St Helens, Merseyside WA10 1LA2
£92.5K03/230.08 mi123, Charles Street, St Helens, Merseyside WA10 1LW2
£115K01/230.1 mi62, Alfred Street, St Helens, Merseyside WA10 1LT2
£90K03/210.11 mi32, Alfred Street, St. Helens, Merseyside WA10 1LT2
£80.3K01/210.11 mi167, Hardshaw Street, St Helens, Merseyside WA10 1JU2
£85.5K06/240.11 mi165, Hardshaw Street, St Helens, Merseyside WA10 1JU2
£76.5K09/230.11 mi67, Standish Street, St Helens, Merseyside WA10 1HY2
£65K03/210.13 mi155, Hardshaw Street, St. Helens, Merseyside WA10 1JT2
£95K04/230.13 mi165, Brynn Street, St Helens, Merseyside WA10 1HX2
£96K06/240.14 mi109, Shaw Street, St Helens, Merseyside WA10 1EN2
£82K06/230.18 mi69, Brynn Street, St Helens, Merseyside WA10 1JA2
£107K01/240.18 mi86, Brynn Street, St Helens, Merseyside WA10 1JA2
£95K12/230.2 mi52, Gleave Street, St Helens, Merseyside WA10 1UA2
£90K04/240.2 mi6, Gleave Street, St Helens, Merseyside WA10 1UA2
£56K11/210.21 mi73, Hardshaw Street, St. Helens, Merseyside WA10 1JW2
£83K04/230.22 mi114, Birchley Street, St Helens, Merseyside WA10 1HT2
£98.9K02/230.26 mi6, Brynn Street, St Helens, Merseyside WA10 1JG2
£80K07/230.34 mi75, Atlas Street, St Helens, Merseyside WA9 1LN2
£104K03/240.34 mi17, Ward Street, St Helens, Merseyside WA10 2RX2
£63K11/200.35 mi60, Graham Street, St Helens, Merseyside WA9 1LY2
£85.1K07/230.35 mi49, Graham Street, St Helens, Merseyside WA9 1LY2
£50K01/210.36 mi28, Graham Street, St Helens, Merseyside WA9 1LX2
£82K05/230.41 mi6, Volunteer Street, St Helens, Merseyside WA10 2AY2
£115K03/210.44 mi87, Oldfield Street, St. Helens, Merseyside WA10 2SL2
£140K08/230.44 mi49, Haresfinch Road, St Helens, Merseyside WA11 9NS2
£140K08/230.44 mi49, Haresfinch Road, St Helens, Merseyside WA11 9NS2
£65K08/210.45 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£65K08/210.45 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£146K09/210.49 mi163, North Road, St Helens, Merseyside WA10 2UA2
£85K11/200.54 mi48, Oxford Street, St. Helens, Merseyside WA10 2DL2
£110K11/230.54 mi48, Oxford Street, St Helens, Merseyside WA10 2DL2
£66K02/210.56 mi143, Stanhope Street, St. Helens, Merseyside WA10 2BT2
£90K03/210.56 mi99, Stanhope Street, St Helens, Merseyside WA10 2BT2
£95K08/210.56 mi107, Stanhope Street, St Helens, Merseyside WA10 2BT2
£102.5K10/210.56 mi101, Stanhope Street, St. Helens, Merseyside WA10 2BT2
£52K12/200.56 mi28, Atherton Street, St Helens, Merseyside WA10 2DT2
£118K12/200.57 mi21, Grantham Crescent, St Helens, Merseyside WA11 9YE2
£93K10/210.57 mi127, Morley Street, St. Helens, Merseyside WA10 2BU2
£76K10/230.57 mi143, Morley Street, St Helens, Merseyside WA10 2BU2
£110K01/230.6 mi19, Chorley Street, St Helens, Merseyside WA10 2DU2
£110K10/230.68 mi80, Recreation Street, St Helens, Merseyside WA9 1EY2
£100K12/200.71 mi10, Grant Close, St Helens, Merseyside WA10 2HG2
£156K12/230.71 mi10, Grant Close, St Helens, Merseyside WA10 2HG2
£120K08/210.74 mi49, Peter Street, St Helens, Merseyside WA10 2EQ2
£95K02/240.75 mi16, Harris Street, St Helens, Merseyside WA10 2NW2
£130K03/230.75 mi1, Allan Road, St Helens, Merseyside WA11 9AL2
£105K10/210.76 mi35, Blackstone Avenue, St Helens, Merseyside WA11 9BZ2
£125K09/230.76 mi10, Blackstone Avenue, St Helens, Merseyside WA11 9BZ2
£125K09/230.76 mi10, Blackstone Avenue, St Helens, Merseyside WA11 9BZ2
£87K01/240.76 mi7, Hope Close, St Helens, Merseyside WA10 2HL2

Local Rents

26 rents from £650/mo to £3.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£67503/250.01 mi-2
£70010/240.04 miAlfred Street, St. Helens, Merseyside, WA102
£75004/250.12 mi-2
£69502/240.13 mi-2
£79510/240.2 miGleave Street, St Helens, WA102
£75004/250.2 mi-2
£67510/240.2 miLower Hall Street, St. Helens, WA102
£75010/240.21 mi-2
£67510/240.21 miLower Hall Street, St. Helens, WA102
£99002/250.23 mi-2
£72510/240.24 miHall Street, St Helens, WA102
£79504/250.24 mi-2
£75004/250.33 mi-2
£70010/240.38 mi12 Arrivato Plaza, Hall Street, St. Helens2
£75010/240.45 mi-2
£69510/240.51 mi-2
£65010/240.55 miArgyle Street, St. Helens, WA102
£79512/240.56 mi-2
£75002/250.56 mi-2
£75004/250.56 mi-2
£3,14910/240.59 mi-2
£2,29912/240.59 mi-2
£1,79901/250.59 mi-2
£1,80904/250.59 mi-2
£75010/240.59 miMorley Street, St. Helens, WA102
£75010/240.59 mi-2

Local Area Statistics

Population in WA10

38,450

Population in Saint Helens

127,858

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £85,000

September 14, 2024

Floor Plans

Description

  • Two bedroom traditional terraced +
  • Two reception rooms +
  • Close to Town Centre +
  • Ideal for a FTB or BTL +
  • No onward chain +
  • Requires updating +

*AN EXCELLENT STATER HOME FOR A FIRST TIME BUYER WITH A FULL WIDTH KITCHEN*
Ideal for a first time buyer or buy to let investor is this attractive mid terraced property with two bedrooms. The property requires modernisation and provides the perfect opportunity to update and renovate to your own specification whilst adding value. The accommodation comprises of an entrance vestibule, living room through to dining room, full width kitchen, bathroom and separate WC to the ground floor. To the first floor there are two bedrooms. Externally there is a sunny rear garden.

Situated behind the Town Hall in St. Helens just a couple of minutes’ walk from the Town Centre with its wealth of local amenities and excellent transport links

Agent Details

Little Estate Agents, St Helens

01744 415862

Next Steps?

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