2 Bed Terraced House, Refurb/BRRR, Prescot, L34 5SL, £100,000

Chester Street, Prescot, L34 5SL - 5 months ago

Sold STC
BTL
Refurb/BRRR
ROI: 4%
~84 m²
+6 photos

ValuationFair Value

Sold Prices£58K - £150K
Sold Prices/m²£716/m² - £2.3K/m²

 

 

Square Metres

~84.12 m²
Price/m²£1.2K/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£126,179

Uplift in Value

+26%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Refurb Costs

£35,457

Bridging Loan Interest

£2,625

Total Cash In

£71,032

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£126,179

Mortgage (After Refinance)

£94,634

Mortgage LTV

75%

Cash Released

£19,634

Cash Left In

£51,398

Equity

£31,545

Rent Range

£550 - £1,200

Rent Estimate

£806

Running Costs/mo

£576

Cashflow/mo

£230

Cashflow/yr

£2,766

ROI

4%

Gross Yield

10%

Local Sold Prices

50 sold prices from £58K to £150K, average is £110K. £716/m² to £2.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£105K01/210.02 mi23, Chester Street, Prescot, Merseyside L34 5SL2
£120K04/240.1 mi22, Cyprus Street, Prescot, Merseyside L34 5RY2
£115K01/230.11 mi18, Cyprus Street, Prescot, Merseyside L34 5RY2
£110K03/230.12 mi48, Sewell Street, Prescot, Merseyside L34 1ND2
£96K02/210.17 mi38, Pottery Fields, Prescot, Merseyside L34 5RL2
£87K10/200.17 mi14, Pottery Fields, Prescot, Merseyside L34 5RL2
£78.8K03/230.17 mi48, Pottery Fields, Prescot, Merseyside L34 5RL2
£150K01/240.19 mi24, High Street, Prescot, Merseyside L34 6HG2
£89K05/210.25 mi25, Hope Street, Prescot, Merseyside L34 6HB2
£108K03/210.25 mi1, Seddons Court, Eccleston Lane Ends, Prescot, Merseyside L34 6JU2
£125K11/200.25 mi11, Queens Road, Prescot, Merseyside L34 6JA2
£113.8K04/240.25 mi16, Queens Road, Prescot, Merseyside L34 6JA2
£115K08/230.25 mi9, Queens Road, Prescot, Merseyside L34 6JA2
£85K04/210.25 mi11, St Helens Road, Prescot, Merseyside L34 6HN2
£100K11/220.25 mi1, St Helens Road, Prescot, Merseyside L34 6HN2
£132K06/230.26 mi31, Columbia Road, Prescot, Merseyside L34 2SA2
£111K11/200.26 mi35, Columbia Road, Prescot, Merseyside L34 2SA2
£58K12/200.26 mi7, Columbia Road, Prescot, Merseyside L34 2SA2
£115K01/210.26 mi15, Columbia Road, Prescot, Merseyside L34 2SA2
£75K11/200.26 mi9, Salisbury Street, Prescot, Merseyside L34 6JH2
£95K02/230.26 mi15, Salisbury Street, Prescot, Merseyside L34 6JH2
£130K10/220.26 mi42, Columbia Road, Prescot, Merseyside L34 2SB2
£110K03/230.26 mi24, Columbia Road, Prescot, Merseyside L34 2SB2
£120K06/220.27 mi36, Columbia Road, Prescot, Merseyside L34 2SB2
£90K05/210.27 mi57, Albany Road, Prescot, Merseyside L34 2SD2
£100K07/220.27 mi37, Albany Road, Prescot, Merseyside L34 2SD2
£125K09/220.27 mi7, Columbia Road, Prescot, Merseyside L34 2SA2
£122K04/240.27 mi24, St Helens Road, Prescot, Merseyside L34 6HR2
£82K12/220.27 mi9, Albany Road, Prescot, Merseyside L34 2SD2
£102.5K10/220.28 mi23, Duke Street, Prescot, Merseyside L34 6JD2
£117.5K01/240.28 mi14, Duke Street, Prescot, Merseyside L34 6JD2
£79.5K01/230.28 mi16, Duke Street, Prescot, Merseyside L34 6JD2
£110K05/230.28 mi18, Duke Street, Prescot, Merseyside L34 6JD2
£105K05/210.3 mi7, Rowson Street, Prescot, Merseyside L34 6JL2
£90K01/210.3 mi32, St James Road, Prescot, Merseyside L34 5RW2
£105K10/220.3 mi24, St James Road, Prescot, Merseyside L34 5RW2
£150K06/230.31 mi130, Manchester Road, Prescot, Merseyside L34 5UD2
£99K03/210.31 mi40, Evans Street, Prescot, Merseyside L34 6HU2
£115K09/220.31 mi22, Evans Street, Prescot, Merseyside L34 6HU2
£124.5K10/220.31 mi20, Evans Street, Prescot, Merseyside L34 6HU2
£95K06/210.31 mi1, New Cross Street, Prescot, Merseyside L34 6JP2
£130K06/220.32 mi12, Cross Street, Prescot, Merseyside L34 6JG2
£150K10/230.32 mi5, Mines Avenue, Prescot, Merseyside L34 2TD2
£135.5K11/220.32 mi16, Mines Avenue, Prescot, Merseyside L34 2TD2
£88K09/220.32 mi51, St James Road, Prescot, Merseyside L34 2SE2
£128K01/230.33 mi9, New Cross Street, Prescot, Merseyside L34 6JP2
£91K01/210.33 mi17, Ward Street, Prescot, Merseyside L34 6JJ2
£110K01/240.33 mi19, Ward Street, Prescot, Merseyside L34 6JJ2
£110K03/210.34 mi43, Scotchbarn Lane, Prescot, Merseyside L34 2TG2
£150K09/220.34 mi49, Cross Street, Prescot, Merseyside L34 6JE2

Local Rents

40 rents from £550/mo to £1.2K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£65005/240.1 miKemble Street, Prescot, Merseyside2
£75003/240.15 mi-2
£65004/240.16 miEccleston Street, Prescot, Merseyside, L342
£77512/240.16 miPendleton Court, Speakman Way, Prescot, L342
£75002/250.21 mi-2
£75012/240.21 mi-2
£75011/240.21 mi-2
£79504/240.22 mi-2
£79512/240.22 mi-2
£55012/240.22 mi-2
£85012/240.24 mi-2
£69512/240.24 mi-2
£1,20002/250.24 mi-2
£85012/240.24 miKenneth Close, Prescot, Merseyside, L342
£85012/240.24 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77512/240.24 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77504/240.24 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£79501/240.25 mi-2
£79512/240.25 mi-2
£82503/250.25 mi-2
£79512/240.25 mi-2
£85004/240.26 mi-2
£85010/240.26 mi-2
£92504/240.26 miBridgefield Court, Prescot2
£94512/240.26 miBridgefield Court, Prescot2
£85003/250.26 mi-2
£79502/250.27 mi-2
£85012/240.27 mi-2
£90005/240.27 miBridge Road, Prescot, Merseyside, L342
£69012/240.28 mi-2
£80012/240.3 mi-2
£70012/240.3 miRowson Street, Prescot, Merseyside, L342
£80003/250.3 mi-2
£80004/250.3 mi-2
£95004/240.35 miPrescot Park, Prescot, L342
£84012/240.39 mi-2
£84012/240.39 miBroadlands, Prescot, L352
£62501/250.42 mi-2
£95012/240.42 mi-2
£85012/240.59 mi-2

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.10 miles away

Nearest school

0.40 miles away

Nearest train station

0.28 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Price changed to £100,000

February 8, 2025

Price changed to £110,000

January 15, 2025

Listed for £115,000

October 24, 2024

Floor Plans

Description

  • Traditional end of terrace +
  • Two double bedrooms +
  • Two reception rooms +
  • Rear garden +
  • Close to Prescot Town Centre +
  • Excellent transport links +
  • Ideal for FTB or BTL +

*DECEPTIVELY SPACIOUS TRADITIONAL END OF TERRACE WITH TWO BEDROOMS SITUATED CLOSE TO PRESCOT TOWN CENTRE*
Ideal for a buy to let investor or first time buyer looking for a property that they can upgrade whilst adding value is this traditional end of terrace with Two bedrooms. The property requires some modernisation and has been priced accordingly, briefly comprising to the ground floor of an entrance hallway, two separate reception rooms and a kitchen. To the first floor there are two spacious double bedrooms and a family bathroom. Externally there is a rear garden that is larger than average for this street.

Located between Prescot Town Centre and "The Cables" retail park providing a wealth of local amenities and recreational facilities at your fingertips including shops, bars, restaurants and the Shakespeare Theatre. The property is also well connected by road and rail with the M57 Motorway and Prescot train station both within easy reach

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 💪