3 Bed Semi-Detached House, Refurb/BRRR, Warrington, WA4 2DG, £250,000

Lilac Grove, Stockton Heath, Warrington WA4 2DG - 6 months ago

Sold STC
Refurb/BRRR
~105 m²
+4 photos

ValuationFair Value

Sold Prices£152K - £560K
Sold Prices/m²£1.9K/m² - £5.2K/m²

 

 

Square Metres

~105 m²
Price/m²£2.4K/m²

Value Estimate

£250,000

 

 

End Value (After Refurb)

£334,395

Uplift in Value

+34%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£44,484

Bridging Loan Interest

£6,563

Total Cash In

£128,996

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£334,395

Agent Fees (1%)

£3,344

Bridging Loan

£187,500

Bridging Loan Interest

£6,563

Flip Profit

£14,555

Local Sold Prices

50 sold prices from £152K to £560K, average is £313.5K. £1.9K/m² to £5.2K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£273K03/210.04 mi6, Chadwick Avenue, Stockton Heath, Warrington WA4 2DF3
£250K10/230.04 mi18, Chadwick Avenue, Stockton Heath, Warrington WA4 2DF3
£225K01/230.06 mi31, Limetree Avenue, Stockton Heath, Warrington WA4 2DQ3
£286.3K01/240.09 mi16, Willow Drive, Stockton Heath, Warrington WA4 2AT3
£250K11/200.09 mi18, Willow Drive, Stockton Heath, Warrington WA4 2AT3
£332.5K08/230.11 mi67, Mill Lane, Stockton Heath, Warrington WA4 2DE3
£355K04/230.13 miRayna, Mill Lane, Stockton Heath, Warrington WA4 2BH3
£350K02/210.15 mi8, Ackers Lane, Stockton Heath, Warrington WA4 2UY3
£290K08/210.17 mi41, Brook Avenue, Stockton Heath, Warrington WA4 2RY3
£292K05/210.17 mi25, Brook Avenue, Stockton Heath, Warrington WA4 2RY3
£312K01/230.17 mi17, Brook Avenue, Stockton Heath, Warrington WA4 2RY3
£422.5K02/210.17 mi10, Burnside Avenue, Stockton Heath, Warrington WA4 2AW3
£340K05/230.17 mi7, Burnside Avenue, Stockton Heath, Warrington WA4 2AW3
£474K11/230.17 mi8, Burnside Avenue, Stockton Heath, Warrington WA4 2AW3
£335K04/230.17 mi22, Fairfield Gardens, Stockton Heath, Warrington WA4 2BX3
£269.1K12/200.17 mi76, Fairfield Gardens, Stockton Heath, Warrington WA4 2BX3
£295K10/230.17 mi60, Fairfield Gardens, Stockton Heath, Warrington WA4 2BX3
£376.4K01/230.17 mi12, Fairfield Gardens, Stockton Heath, Warrington WA4 2BX3
£277.5K11/200.17 mi15, Fairfield Gardens, Stockton Heath, Warrington WA4 2BX3
£335K02/240.17 mi3, Fairfield Gardens, Stockton Heath, Warrington WA4 2BX3
£445K09/230.18 mi7, Brookside Avenue, Stockton Heath, Warrington WA4 2XG3
£510K01/210.2 mi92, Grappenhall Road, Stockton Heath, Warrington WA4 2AX3
£240K03/210.24 mi96, Greenfields Avenue, Appleton, Warrington WA4 3BT3
£315K08/210.26 mi19, Montclare Crescent, Stockton Heath, Warrington WA4 2BN3
£175K05/230.29 mi9, Archer Avenue, Warrington WA4 2RW3
£375K07/230.3 mi8, Bridge Lane, Appleton, Warrington WA4 3BU3
£270K09/210.3 mi7, Bridge Lane, Appleton, Warrington WA4 3BU3
£385K08/210.3 mi4, Denbury Avenue, Stockton Heath, Warrington WA4 2BL3
£192K07/210.31 mi9, Clarke Avenue, Warrington WA4 2RJ3
£160K11/200.31 mi14, Clarke Avenue, Warrington WA4 2RJ3
£235K05/230.31 mi113, Wash Lane, Latchford, Warrington WA4 2RR3
£152K03/230.32 mi38, Minerva Close, Warrington WA4 2XL3
£342.2K02/210.34 mi35, Waterside, Appleton, Warrington WA4 3BS3
£225K11/200.34 mi21, Warburton Street, Stockton Heath, Warrington WA4 2UG3
£246.5K12/200.34 mi36, Warburton Street, Stockton Heath, Warrington WA4 2UG3
£325K11/230.34 mi11, Waterside, Appleton, Warrington WA4 3BS3
£350K06/230.34 mi15, Waterside, Appleton, Warrington WA4 3BS3
£457K07/230.35 mi40, Denbury Avenue, Stockton Heath, Warrington WA4 2BW3
£440K01/230.35 mi43, Victoria Road, Stockton Heath, Warrington WA4 2AL3
£450K02/240.35 mi37, Victoria Road, Stockton Heath, Warrington WA4 2AL3
£335K06/230.36 mi14, Farm Lane, Appleton, Warrington WA4 3BZ3
£299.9K03/210.37 mi8, East Avenue, Stockton Heath, Warrington WA4 2BA3
£365K08/230.37 mi8, Stuart Drive, Stockton Heath, Warrington WA4 2BT3
£435K01/240.39 mi15, Fairfield Road, Stockton Heath, Warrington WA4 2UF3
£235K08/210.4 mi47, Clydesdale Road, Appleton, Warrington WA4 3AY3
£250K02/240.4 mi115, Loushers Lane, Warrington WA4 2RF3
£300K01/230.41 mi38, Gaskell Street, Stockton Heath, Warrington WA4 2UN3
£560K02/210.41 mi8a, Marlborough Crescent, Stockton Heath, Warrington WA4 2EE3
£160K12/200.41 mi2, Secker Crescent, Warrington WA4 2RQ3
£420K07/230.42 mi18, Greenbank Gardens, Stockton Heath, Warrington WA4 2DR3

Local Rents

24 rents from £875/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30011/240.34 mi-3
£1,85010/240.38 miStation Road, Warrington, Cheshire, WA43
£1,20010/240.45 miBeverley Avenue, Appleton, Warrington3
£1,75010/240.48 miThe Timbers3
£1,75010/240.48 miStation Road, Warrington, Cheshire, WA43
£1,29510/240.49 miGuernsey Close, Warrington, Cheshire, WA43
£95010/240.54 miFrederick Street3
£1,75010/240.55 miEgerton Mews Stockton Heath WA43
£1,80010/240.58 miFarrell Road Stockton Heath WA4 6LR3
£1,95010/240.63 miPeveril Close, Appleton3
£1,10010/240.66 miGrange Avenue, Warrington, WA43
£99510/240.73 miKnutsford Road, WA43
£1,10010/240.74 miRock Road, Warrington, Cheshire, WA43
£1,15010/240.8 miOsborne Road, Walton, Warrington3
£97510/240.97 miKingsway South, Warrington3
£1,40010/240.97 miWinterbourne Gardens, Grappenhall Heys, Warrington, WA43
£1,40003/251.01 mi-3
£95010/241.08 miMorris Avenue, Warrington3
£1,00002/251.08 mi-3
£1,30002/251.15 mi-3
£1,25010/241.15 miShadewood Crescent, Grappenhall, Warrington3
£87501/251.21 mi-3
£1,40010/241.22 miGlebe Avenue, Warrington3
£1,50010/241.22 miGlebe Avenue, Grappenhall, Warrington3

Local Area Statistics

Population in WA4

46,997

Population in Warrington

215,344

Town centre distance

2.13 miles away

Nearest school

0.20 miles away

Nearest train station

1.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £250,000

September 17, 2024

Floor Plans

Description

IN NEED OF MODERNISATION I NO CHAIN I CUL-DE-SAC LOCATION I THREE DOUBLE BEDROOMS I DOWNSTAIRS W.C I SHARED DRIVEWAY & DETACHED GARAGE Requiring modernisation, this property is located in a quiet backwater of Stockton Heath and within walking distance of Ackers Pit and Stockton Heath Village centre. Comprising an entrance porch, entrance hallway, generous Lounge, dining kitchen with pantry, WC, three double bedrooms and a shower room. Externally there are gardens to the front and rear elevations.

Accomodation - Generous family accommodation with potential to improve; this three double bedroom semi-detached home is located in a quiet backwater of Stockton Heath close to Ackers Pit. The property offers an opportunity for renovation and briefly comprises Entrance porch, entrance hallway, lounge, Dining Kitchen, Utility Room / Pantry, rear vestibule with store and ground floor W.C. The first floor comprises three double bedrooms and a family shower room. Gardens to both front and rear elevations with a shared driveway leading to a detached garage.

Lounge - 4.23m x 3.59m (13'10" x 11'9") - Two PVC Windows to the front elevation, feature gas fire with brick surround, ceiling coving, ceiling light, television point.

Dining Kitchen - 3.85m x 2.65m (12'7" x 8'8") - PVC Window to the rear elevation, access to the Pantry / Utility room & under stairs storage, base level units with Wood effect roll top worktops, Stainless Steel sink with drainer & Chrome mixer tap and central heating radiator.

Utility / Pantry - 2.7m x 1.8m (8'10" x 5'10") - Wall run of units with base and eye level worktops, complimented by a wood effect roll top worksurface. Ceiling light & Power points.

Rear Vestibule - Providing access to the garden, 'Store' room and downstairs W.C. Light, power and frosted PVC window to the side elevation.

First Floor -

Landing - 3.1m x 2.6m (max) (10'2" x 8'6" (max)) - Split level staircase, PVC Window to the rear side elevation and loft access. Further access to:

Bedroom One - 3.7m x 3.6m (12'1" x 11'9") - PVC Window to the front elevation, Boiler cupboard housing an 'Alpha Eco-Tec' boiler & storage, television point, ceiling light & central heating radiator.

Bedroom Two - 3.6m x 2.9m (11'9" x 9'6") - PVC Windows to the front and side elevation, integrated storage cupboard, television point, ceiling light and central heating radiator.

Bedroom Three - 2.69m x 2.55m (8'9" x 8'4") - PVC Window to the rear elevation, ceiling light and central heating radiator.

Shower Room - 2.1m x 1.6m (6'10" x 5'2") - Three piece shower room with tiled walls, comprising Low level W.C, Hand wash basin with Chrome hot and cold taps, Enclosed shower unit with 'Triton' electric shower and glass sliding door, PVC Frosted window to the rear elevation and wall mounted electric heater.

Garage - There is a garage to the rear of the property.

Outside - The property has gardens to the front and rear elevation. The front garden features a low level fence enclosing a golden gravel main. There is a range of established low level shrubbery and a flagged pathway.There is a shared driveway leading to a detached garage to the rear elevation. The rear garden is mainly laid with flagging and features a railway sleeper planter, feature borders and access to the side of the property and garage.

Tenure - Freehold with a lease connected with the shared driveway.

Council Tax - Band B: £1,702.39

Local Authority - Warrington Borough Council

Services - No tests have been made of main services, heating systems, or associated appliances. Neither has confirmation been obtained from the statutory bodies of the presence of these services. We cannot, therefore, confirm that they are in working order and any prospective purchaser is advised to obtain verification from their solicitor or surveyor.

Postcode - WA4 2DG

Possession - Vacant possession upon Completion

Viewing - Strictly by prior appointment with Cowdel Clarke, Stockton Heath. 'Video Tours' can be viewed prior to a physical viewing.

Agent Details

Cowdel Clarke, Stockton Heath

01925 931596

Next Steps?

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