2 Bed Terraced House, Refurb/BRRR, Saint Helens, WA10 1HX, £90,000

Brynn Street, St. Helens, WA10 1HX - 6 months ago

Leasehold
BTL
Refurb/BRRR
ROI: 11%
~56 m²
+5 photos

ValuationOvervalued

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

 

 

Square Metres

~56.26 m²
Price/m²£1.6K/m²

Value Estimate

£74,161

 

 

End Value (After Refurb)

£80,268

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£23,673

Bridging Loan Interest

£2,363

Total Cash In

£55,986

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£80,268

Mortgage (After Refinance)

£60,201

Mortgage LTV

75%

Cash Left In

£55,986

Equity

£20,067

Rent Range

£650 - £3,149

Rent Estimate

£985

Running Costs/mo

£468

Cashflow/mo

£517

Cashflow/yr

£6,206

ROI

11%

Gross Yield

13%

Local Sold Prices

50 sold prices from £50K to £156K, average is £90.5K. £533/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£95K04/230.03 mi165, Brynn Street, St Helens, Merseyside WA10 1HX2
£80.3K01/210.05 mi167, Hardshaw Street, St Helens, Merseyside WA10 1JU2
£85.5K06/240.05 mi165, Hardshaw Street, St Helens, Merseyside WA10 1JU2
£95K12/230.06 mi52, Gleave Street, St Helens, Merseyside WA10 1UA2
£90K04/240.06 mi6, Gleave Street, St Helens, Merseyside WA10 1UA2
£76.5K09/230.07 mi67, Standish Street, St Helens, Merseyside WA10 1HY2
£91K08/230.08 mi172, Vincent Street, St Helens, Merseyside WA10 1LA2
£65K03/210.1 mi155, Hardshaw Street, St. Helens, Merseyside WA10 1JT2
£92.5K03/230.14 mi123, Charles Street, St Helens, Merseyside WA10 1LW2
£91K10/210.14 mi113, Alfred Street, St. Helens, Merseyside WA10 1LR2
£82K06/230.16 mi69, Brynn Street, St Helens, Merseyside WA10 1JA2
£107K01/240.16 mi86, Brynn Street, St Helens, Merseyside WA10 1JA2
£83K04/230.18 mi114, Birchley Street, St Helens, Merseyside WA10 1HT2
£115K01/230.2 mi62, Alfred Street, St Helens, Merseyside WA10 1LT2
£90K03/210.2 mi32, Alfred Street, St. Helens, Merseyside WA10 1LT2
£56K11/210.23 mi73, Hardshaw Street, St. Helens, Merseyside WA10 1JW2
£104K03/240.25 mi17, Ward Street, St Helens, Merseyside WA10 2RX2
£96K06/240.26 mi109, Shaw Street, St Helens, Merseyside WA10 1EN2
£98.9K02/230.27 mi6, Brynn Street, St Helens, Merseyside WA10 1JG2
£115K03/210.3 mi87, Oldfield Street, St. Helens, Merseyside WA10 2SL2
£82K05/230.33 mi6, Volunteer Street, St Helens, Merseyside WA10 2AY2
£146K09/210.35 mi163, North Road, St Helens, Merseyside WA10 2UA2
£140K08/230.4 mi49, Haresfinch Road, St Helens, Merseyside WA11 9NS2
£140K08/230.4 mi49, Haresfinch Road, St Helens, Merseyside WA11 9NS2
£66K02/210.42 mi143, Stanhope Street, St. Helens, Merseyside WA10 2BT2
£90K03/210.42 mi99, Stanhope Street, St Helens, Merseyside WA10 2BT2
£95K08/210.42 mi107, Stanhope Street, St Helens, Merseyside WA10 2BT2
£102.5K10/210.42 mi101, Stanhope Street, St. Helens, Merseyside WA10 2BT2
£85K11/200.43 mi48, Oxford Street, St. Helens, Merseyside WA10 2DL2
£110K11/230.43 mi48, Oxford Street, St Helens, Merseyside WA10 2DL2
£93K10/210.43 mi127, Morley Street, St. Helens, Merseyside WA10 2BU2
£76K10/230.43 mi143, Morley Street, St Helens, Merseyside WA10 2BU2
£52K12/200.46 mi28, Atherton Street, St Helens, Merseyside WA10 2DT2
£80K07/230.48 mi75, Atlas Street, St Helens, Merseyside WA9 1LN2
£110K01/230.49 mi19, Chorley Street, St Helens, Merseyside WA10 2DU2
£63K11/200.49 mi60, Graham Street, St Helens, Merseyside WA9 1LY2
£85.1K07/230.49 mi49, Graham Street, St Helens, Merseyside WA9 1LY2
£50K01/210.5 mi28, Graham Street, St Helens, Merseyside WA9 1LX2
£65K08/210.57 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£65K08/210.57 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£100K12/200.62 mi10, Grant Close, St Helens, Merseyside WA10 2HG2
£156K12/230.62 mi10, Grant Close, St Helens, Merseyside WA10 2HG2
£95K02/240.64 mi16, Harris Street, St Helens, Merseyside WA10 2NW2
£120K08/210.66 mi49, Peter Street, St Helens, Merseyside WA10 2EQ2
£118K12/200.66 mi21, Grantham Crescent, St Helens, Merseyside WA11 9YE2
£150K02/230.67 mi191, City Road, St Helens, Merseyside WA10 6UY2
£81.3K01/230.68 mi74, Harris Street, St Helens, Merseyside WA10 2NP2
£87K01/240.68 mi7, Hope Close, St Helens, Merseyside WA10 2HL2
£90K08/240.69 mi52, Albion Street, St Helens, Merseyside WA10 2HD2
£85.5K01/210.69 mi123, Boundary Road, St Helens, Merseyside WA10 2LU2

Local Rents

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

RentDateDistanceAddressBeds 
£79510/240.06 miGleave Street, St Helens, WA102
£75003/250.07 mi-2
£70010/240.13 miAlfred Street, St. Helens, Merseyside, WA102
£67503/250.14 mi-2
£69502/240.18 mi-2
£99002/250.27 mi-2
£67510/240.32 miLower Hall Street, St. Helens, WA102
£75010/240.33 mi-2
£67510/240.33 miLower Hall Street, St. Helens, WA102
£72510/240.33 miHall Street, St Helens, WA102
£79504/250.34 mi-2
£69510/240.36 mi-2
£65010/240.41 miArgyle Street, St. Helens, WA102
£70010/240.44 mi12 Arrivato Plaza, Hall Street, St. Helens2
£3,14910/240.45 mi-2
£2,29912/240.45 mi-2
£1,79901/250.45 mi-2
£1,80904/250.45 mi-2
£75010/240.45 miMorley Street, St. Helens, WA102
£75010/240.45 mi-2
£79512/240.45 mi-2
£75002/250.45 mi-2
£75003/250.45 mi-2
£75004/250.48 mi-2
£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

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £90,000

October 15, 2024

Floor Plans

Description

  • No onward chain +
  • Two bedrooms +
  • Ideal for FTB or BTL +
  • Close to town centre +
  • Park on your doorstep +
  • Requires modernisation +

*AN EXCELLENT STATER HOME FOR A FIRST TIME BUYER OR BTL INVESTOR WITH OPEN VIEWS TO THE FRONT*
Ideal for a first time buyer or buy to let investor is this 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/dining room, kitchen and a bathroom to the ground floor. To the first floor there are two bedrooms. Externally there is a sunny rear garden & to the front there is a park on your doorstep ideal for young families and dog walkers alike.

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 💪