4 Bed Detached House, Refurb/BRRR, Warrington, WA4 2EH, £650,000

York Road, Grappenhall, Warrington, WA4 2EH - 3 views - 5 months ago

Sold STC
Refurb/BRRR
~129 m²
+16 photos

ValuationOvervalued

Sold Prices£205K - £737.5K
Sold Prices/m²£2.1K/m² - £7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5K/m²

Value Estimate

£424,885

 

 

End Value (After Refurb)

£580,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£54,761

Bridging Loan Interest

£17,063

Total Cash In

£276,773

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£580,000

Mortgage (After Refinance)

£435,000

Mortgage LTV

75%

Cash Left In

£276,773

Equity

£145,000

Rent Range

£950 - £3,000

Rent Estimate

£1,503

Running Costs/mo

£2,133

Cashflow/mo

£-630

Cashflow/yr

£-7,561

Gross Yield

3%

Local Sold Prices

51 sold prices from £205K to £737.5K, average is £430K. £2.1K/m² to £7K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£480K03/230.15 mi7, Summerville Gardens, Stockton Heath, Warrington WA4 2EG4
£401K01/210.17 mi11, Kildonan Road, Grappenhall, Warrington WA4 2LJ4
£487.5K02/230.17 mi1, York Road, Grappenhall, Warrington WA4 2LQ4
£342K06/210.2 mi6, Heathfield Park, Grappenhall, Warrington WA4 2LA4
£580K12/200.23 mi11, Hunts Lane, Stockton Heath, Warrington WA4 2DU4
£737.5K08/230.23 mi1, Hunts Lane, Stockton Heath, Warrington WA4 2DU4
£500K06/210.24 mi16, Knutsford Road, Grappenhall, Warrington WA4 2LF4
£366.8K04/210.25 mi6, Hunts Lane, Stockton Heath, Warrington WA4 2DT4
£550K09/210.27 mi29, Higher Knutsford Road, Stockton Heath, Warrington WA4 2LN4
£405K06/210.29 mi58, Clarence Road, Grappenhall, Warrington WA4 2PQ4
£355K04/240.29 mi72b, Knutsford Road, Grappenhall, Warrington WA4 2PB4
£486K12/200.32 mi7, Greenbank Road, Stockton Heath, Warrington WA4 2DW4
£463K02/210.32 mi5, Greenbank Road, Stockton Heath, Warrington WA4 2DW4
£450K02/210.36 mi5, Greenbank Gardens, Stockton Heath, Warrington WA4 2DR4
£530K12/230.36 mi5, Greenbank Gardens, Stockton Heath, Warrington WA4 2DR4
£330K04/210.37 mi6, Cawthorne Avenue, Grappenhall, Warrington WA4 2LP4
£519K10/230.37 mi229, Chester Road, Grappenhall, Warrington WA4 2QD4
£430K02/230.42 mi33, Bourchier Way, Warrington WA4 3DW4
£340K12/200.44 mi8, Windsor Drive, Grappenhall, Warrington WA4 2NU4
£375K02/210.46 mi14, Georges Crescent, Grappenhall, Warrington WA4 2PP4
£225K04/210.47 mi60, Georges Crescent, Grappenhall, Warrington WA4 2PP4
£500K12/200.47 mi50, Ackers Road, Stockton Heath, Warrington WA4 2BQ4
£330K01/230.47 mi25, Springfield Avenue, Grappenhall, Warrington WA4 2NW4
£533K07/230.49 mi25, Chester Road, Stockton Heath, Warrington WA4 2RZ4
£533K07/230.49 mi25, Chester Road, Stockton Heath, Warrington WA4 2RZ4
£540K09/230.5 mi16, Grammar School Road, Warrington WA4 1JN4
£535K06/230.52 mi12, Mairesfield Avenue, Grappenhall, Warrington WA4 2QX4
£307.5K12/200.54 mi47, Shadewood Crescent, Grappenhall, Warrington WA4 2SN4
£205K03/230.57 mi2, Poachers Lane, Warrington WA4 1TP4
£530K09/230.59 mi29, St Wilfrids Drive, Grappenhall, Warrington WA4 2SH4
£300K06/210.67 mi60, Powder Mill Road, Warrington WA4 1GD4
£590K03/230.69 mi7, Laurel Bank, Grappenhall, Warrington WA4 2SF4
£571.8K12/210.7 mi7, Dale Lane, Appleton, Warrington WA4 3DX4
£365K09/210.73 mi5, Cobbs Lane, Appleton, Warrington WA4 3BY4
£385K08/210.73 mi83, Greenfields Avenue, Appleton, Warrington WA4 3BT4
£330K11/200.73 mi33, Mottram Close, Grappenhall, Warrington WA4 2XU4
£495K03/210.75 mi36, Raymond Avenue, Stockton Heath, Warrington WA4 2XE4
£575K11/210.75 mi16, Gilwell Close, Grappenhall, Warrington WA4 2YL4
£540K12/200.76 mi14, Strickland Close, Warrington WA4 3LJ4
£505K03/210.78 mi8, Wood Lane, Appleton, Warrington WA4 3DB4
£530K01/210.82 mi3, Bretland Drive, Grappenhall, Warrington WA4 3TD4
£285K08/210.82 mi16, Dale Lane, Appleton, Warrington WA4 3DG4
£280K05/210.88 mi33, Dunmow Road, Thelwall, Warrington WA4 2HJ4
£267K06/230.89 mi28, Waterside, Appleton, Warrington WA4 3BS4
£299.9K05/210.91 mi39, Pelham Road, Thelwall, Warrington WA4 2HF4
£360K01/240.93 mi9, Welwyn Close, Thelwall, Warrington WA4 2HE4
£332K04/210.96 mi11, Bernard Avenue, Appleton, Warrington WA4 3BA4
£590.5K01/240.96 mi33, Victoria Road, Stockton Heath, Warrington WA4 2AL4
£230K12/200.98 mi56, Moorside, Warrington WA4 1RN4
£295K05/230.98 mi63, Moorside, Warrington WA4 1RN4
£395K06/230.99 mi21, Fairfield Road, Stockton Heath, Warrington WA4 2UF4

Local Rents

26 rents from £950/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50010/240.18 miAlexandra Road, Grappenhall, WA44
£1,75010/240.42 miThe Timbers3
£1,75010/240.42 miStation Road, Warrington, Cheshire, WA43
£1,85010/240.48 miStation Road, Warrington, Cheshire, WA43
£1,25010/240.54 miShadewood Crescent, Grappenhall, Warrington3
£1,40010/240.62 miGlebe Avenue, Warrington3
£1,50010/240.62 miGlebe Avenue, Grappenhall, Warrington3
£1,10010/240.68 miGrange Avenue, Warrington, WA43
£1,40010/240.68 miWinterbourne Gardens, Grappenhall Heys, Warrington, WA43
£1,69501/240.71 mi-4
£1,69501/240.71 mi-4
£1,10010/240.74 miRock Road, Warrington, Cheshire, WA43
£1,00002/250.77 mi-3
£3,00010/240.78 miCroft Gardens, Warrington, WA44
£1,30011/240.78 mi-3
£95010/240.81 miFrederick Street3
£97510/240.85 miKingsway South, Warrington3
£95010/240.89 miMorris Avenue, Warrington3
£1,20010/240.9 miBeverley Avenue, Appleton, Warrington3
£1,29510/240.94 miGuernsey Close, Warrington, Cheshire, WA43
£99510/241.02 miKnutsford Road, WA43
£1,35010/241.08 miThelwall, Warrington3
£1,95010/241.14 miPeveril Close, Appleton3
£1,80010/241.15 miFarrell Road Stockton Heath WA4 6LR3
£1,75010/241.16 miEgerton Mews Stockton Heath WA43
£2,25010/241.24 miDelphfields Road, Appleton, Warrington4

Local Area Statistics

Population in WA4

46,997

Population in Warrington

215,344

Town centre distance

2.10 miles away

Nearest school

0.50 miles away

Nearest train station

1.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £650,000

November 1, 2024

Floor Plans

Description

  • Sought after Grappenhall location +
  • Impressive large detached property +
  • Huge potential for modernisation +
  • South facing rear garden +
  • No onward chain +
  • Large garage +

A rare opportunity to acquire a substantial four bedroom detached family home in a highly desirable, sought after road in Grappenhall. Features of the well maintained accommodation include; entrance hall, lounge, dining room, kitchen, ground floor wc, impressive first floor mezzanine, dual aspect master bedroom, three further bedrooms, bathroom, and a large loft area.  Outside there is a large garage, driveway parking and a lovely private south facing garden at the rear. This property offers excellent scope for modernisation. Early Viewing Essential.  No Chain Delay With This Sale. Viewing By prior appointment through our Stockton Heath office on 01925-398343.
Note All measurements are approximate. No appliances or central heating systems referred to within these particulars have been tested and therefore their working order cannot be verified. Floor plans are for guide purposes only and all dimensions are approximate.
Agents Notes Tenure: Freehold
 
Council Tax Band: F
 
Local Authority: Warrington Borough Council
 
EPC: TBC

Agent Details

Adams Estate Agents, Stockton Heath

01925 361697

Next Steps?

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