2 Bed Flat, Single Let, Warrington, WA5 3QD, £110,000

Rockford Gardens, Great Sankey, Warrington, Cheshire, WA5 3QD - 5 months ago

Leasehold

BTL

ROI: 11%

~55 m²

+3 photos

ValuationUndervalued

Sold Prices	£75K - £350K
Sold Prices/m²	£1.5K/m² - £2.9K/m²

Square Metres	~54.90 m²
Price/m²	£2K/m²
Value Estimate	£123,284£123,284
BMV	12%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£6,700£6,700
Total Cash In	£34,200£34,200

Cash Out
Rent Range	£660 - £1,075£660 - £1,075
Rent Estimate	£833
Running Costs/mo	£530£530
Cashflow/mo	£303£303
Cashflow/yr	£3,632£3,632
ROI	11%11%
Gross Yield	9%9%

Local Sold Prices

29 sold prices from £75K to £350K, average is £137K. £1.5K/m² to £2.9K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£158K	06/23	0 mi	8, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,760	57	2	Flat
£135K	09/22	0 mi	61, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,386	57	2	Flat
£128K	10/23	0 mi	69, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,246	57	2	Flat
£176K	12/23	0 mi	62, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,948	60	2	Flat
£153K	11/22	0.06 mi	14, Bridgeport Mews, Great Sankey, Warrington WA5 3SL	-	-	2	Flat
£130K	07/21	0.13 mi	37, Union Square, Great Sankey, Warrington WA5 3SN	£2,000	65	2	Flat
£145K	11/22	0.13 mi	47, Union Square, Great Sankey, Warrington WA5 3SN	£2,377	61	2	Flat
£148.8K	04/23	0.16 mi	1, Houston Gardens, Great Sankey, Warrington WA5 8DN	-	-	2	Flat
£158.9K	01/24	0.16 mi	19, Houston Gardens, Great Sankey, Warrington WA5 8DN	£2,566	62	2	Flat
£122.5K	05/21	0.2 mi	31, Houston Gardens, Great Sankey, Warrington WA5 8DN	£1,944	63	2	Flat
£137K	08/23	0.21 mi	33, Mckinley Street, Great Sankey, Warrington WA5 8GR	£2,491	55	2	Flat
£90K	04/21	0.32 mi	11, Harrogate Close, Great Sankey, Warrington WA5 3AU	£1,918	47	2	Flat
£144K	03/23	0.48 mi	19, Blue Lake Gardens, Great Sankey, Warrington WA5 3TQ	£2,717	53	2	Flat
£350K	10/21	0.5 mi	22, Belmont Crescent, Great Sankey, Warrington WA5 3DT	-	-	2	Flat
£140K	02/23	0.5 mi	68, Stockdale Drive, Great Sankey, Warrington WA5 3RW	£2,121	66	2	Flat
£148.5K	11/23	0.53 mi	Flat 16, Graceville Court, Rose Creek Gardens, Great Sankey, Warrington WA5 3TU	£2,475	60	2	Flat
£85K	12/20	0.65 mi	19, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,521	56	2	Flat
£100K	06/21	0.65 mi	15, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,716	58	2	Flat
£100K	09/22	0.65 mi	21, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,789	56	2	Flat
£96K	10/23	0.65 mi	79, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,910	50	2	Flat
£205K	09/22	0.81 mi	89, Washington Drive, Great Sankey, Warrington WA5 8WZ	£2,600	79	2	Flat
£195K	10/23	0.82 mi	79, Washington Drive, Great Sankey, Warrington WA5 8WZ	£2,657	73	2	Flat
£88K	12/22	0.94 mi	26, Winstanley Close, Great Sankey, Warrington WA5 1XR	£1,833	48	2	Flat
£75K	12/20	0.95 mi	16, Frobisher Court, Old Hall, Warrington WA5 9PQ	-	-	2	Flat
£105K	04/21	0.95 mi	20, Frobisher Court, Old Hall, Warrington WA5 9PQ	£1,909	55	2	Flat
£215K	02/23	0.95 mi	17, Archers Green Road, Westbrook, Warrington WA5 7XS	£2,529	85	2	Flat
£125K	11/21	0.99 mi	157, Butts Green, Westbrook, Warrington WA5 7XT	£2,155	58	2	Flat
£140K	12/22	0.99 mi	167, Butts Green, Westbrook, Warrington WA5 7XT	£2,298	61	2	Flat
£109K	06/21	1 mi	161, Butts Green, Westbrook, Warrington WA5 7XT	£1,912	57	2	Flat

Local Rents

10 rents from £660/mo to £1.1K/mo, average is £913/mo.

Rent	Date	Distance	Address	Beds	Type
£900	03/25	0.01 mi	-	2	Flat
£660	10/24	0.13 mi	Union Square, Great Sankey	2	Flat
£875	12/24	0.15 mi	-	2	Flat
£925	10/24	0.24 mi	Woodhall Close, Great Sankey, WA5	2	Detached House
£980	10/24	0.44 mi	-	2	Flat
£925	02/24	0.44 mi	-	2	Flat
£975	02/24	0.45 mi	-	2	Flat
£1,075	03/25	0.45 mi	-	2	Flat
£850	10/24	0.47 mi	-	2	Flat
£830	12/24	0.52 mi	-	2	Flat

Local Area Statistics

Population in WA5	58,49658,496
Population in Warrington	215,344215,344
Town centre distance	3.22 miles away3.22 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.58 miles away0.58 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+33%+33%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+46%+46%

Property History

Price changed to £110,000

February 4, 2025

Listed for £120,000

September 30, 2024

Floor Plans

Description

On offer chain free this modern Two bedroom top floor apartment is well worth taking time out to view. Located in the ever popular area of Great Sankey close to local amenities, motorway networks and schools this fantastic apartment consists of open plan living room and kitchen with Juliet balcony, family three piece bathroom suite, two bedroom with the master also having a Juliet balcony. further benefits include allocated parking.

Agent Details

Entwistle Green, Warrington

01925 361677

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.