3 Bed Detached House, Refurb/BRRR, Warrington, WA4 2TS, £475,000

Cliff Lane, Grappenhall, WA4 2TS - 9 views - 4 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£175K - £900K
Sold Prices/m²£2.4K/m² - £6.8K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£291,212

 

 

End Value (After Refurb)

£363,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£39,400

Bridging Loan Interest

£12,469

Total Cash In

£199,069

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£363,750

Mortgage (After Refinance)

£272,813

Mortgage LTV

75%

Cash Left In

£199,069

Equity

£90,938

Rent Range

£1,000 - £2,300

Rent Estimate

£1,674

Running Costs/mo

£1,492

Cashflow/mo

£182

Cashflow/yr

£2,190

ROI

1%

Gross Yield

4%

Local Sold Prices

50 sold prices from £175K to £900K, average is £280K. £2.4K/m² to £6.8K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£270K01/210.23 mi35, Dunmow Road, Thelwall, Warrington WA4 2HJ3
£320K01/210.23 miAmbleside, Marie Drive, Thelwall, Warrington WA4 3JS3
£310K04/210.24 mi27, Pickering Crescent, Thelwall, Warrington WA4 2EX3
£235K12/200.25 mi35, Westminster Close, Grappenhall, Warrington WA4 2QS3
£265K12/200.26 mi16, Cuerdon Drive, Thelwall, Warrington WA4 3JU3
£175K05/210.29 mi26, Selworthy Drive, Thelwall, Warrington WA4 2HT3
£320K06/230.29 mi20, Selworthy Drive, Thelwall, Warrington WA4 2HT3
£450K04/230.29 mi23, Selworthy Drive, Thelwall, Warrington WA4 2HT3
£275K07/230.29 mi37, Weaste Lane, Thelwall, Warrington WA4 3JR3
£337.5K11/200.29 mi54, Weaste Lane, Thelwall, Warrington WA4 3JR3
£352K11/230.3 mi20, Harlow Close, Thelwall, Warrington WA4 2HD3
£288.5K04/230.3 mi16, Harlow Close, Thelwall, Warrington WA4 2HD3
£250K02/230.3 mi10, Walden Close, Thelwall, Warrington WA4 2HB3
£510K10/230.32 mi18, Portola Close, Grappenhall, Warrington WA4 2SW3
£245K04/210.32 mi13, Dunmow Road, Thelwall, Warrington WA4 2HQ3
£289.9K01/240.33 mi90, Pelham Road, Thelwall, Warrington WA4 2HA3
£273K09/210.33 mi97, Pelham Road, Thelwall, Warrington WA4 2HA3
£280K04/240.33 mi89, Pelham Road, Thelwall, Warrington WA4 2HA3
£297.5K12/230.33 mi53, Pelham Road, Thelwall, Warrington WA4 2HA3
£280K06/230.33 mi73, Pelham Road, Thelwall, Warrington WA4 2HA3
£279.9K02/210.33 mi84, Pelham Road, Thelwall, Warrington WA4 2HA3
£249.9K06/210.33 mi52, Pelham Road, Thelwall, Warrington WA4 2HA3
£273K09/210.33 mi97, Pelham Road, Thelwall, Warrington WA4 2HA3
£305K01/240.34 mi75, Richmond Avenue, Grappenhall, Warrington WA4 2NX3
£346K11/210.35 mi285, Chester Road, Grappenhall, Warrington WA4 2QQ3
£273.5K12/200.35 mi1, Dunmow Road, Thelwall, Warrington WA4 2HQ3
£250K10/230.35 mi210, Knutsford Road, Grappenhall, Warrington WA4 2QJ3
£277.5K06/210.35 mi216, Knutsford Road, Grappenhall, Warrington WA4 2QJ3
£250K03/210.36 mi2, Baldock Close, Thelwall, Warrington WA4 2HG3
£360K07/230.37 mi121, Thelwall New Road, Thelwall, Warrington WA4 2HR3
£242K04/210.4 mi46, Pelham Road, Thelwall, Warrington WA4 2HF3
£295K09/230.4 mi20, Pelham Road, Thelwall, Warrington WA4 2HF3
£267K02/210.41 mi173, Thelwall New Road, Thelwall, Warrington WA4 2NB3
£270K12/200.42 mi8, Ferryside, Thelwall, Warrington WA4 2GY3
£395K06/230.42 mi16, Thelwall New Road, Thelwall, Warrington WA4 2JF3
£560K04/210.42 mi23, Bellhouse Lane, Grappenhall, Warrington WA4 2SG3
£389.9K01/210.43 mi58, Glebe Avenue, Grappenhall, Warrington WA4 2SQ3
£244.5K04/210.45 mi38, Prestbury Drive, Thelwall, Warrington WA4 2HZ3
£280K05/210.45 mi27, Shadewood Crescent, Grappenhall, Warrington WA4 2SN3
£900K07/230.47 miCedar Cottage, Half Acre Lane, Thelwall, Warrington WA4 3JF3
£289.9K01/210.48 mi88, Chester Road, Grappenhall, Warrington WA4 2QF3
£275K06/230.48 mi40, Ollerton Close, Grappenhall, Warrington WA4 2UD3
£320K12/220.48 mi50, Mottram Close, Grappenhall, Warrington WA4 2XU3
£280K11/200.48 mi10, Mottram Close, Grappenhall, Warrington WA4 2XU3
£280K11/200.49 mi10, Mottram Close, Grappenhall, Warrington WA4 2XU3
£335K06/230.49 mi36, Mottram Close, Grappenhall, Warrington WA4 2XU3
£330K08/230.49 mi52, Mottram Close, Grappenhall, Warrington WA4 2XU3
£268K09/230.53 mi60, Georges Crescent, Grappenhall, Warrington WA4 2PP3
£450K08/230.53 miHighfield House, Weaste Lane, Thelwall, Warrington WA4 3JP3
£437.5K06/210.54 miHigh Gables, Bell Lane, Thelwall, Warrington WA4 2SX3

Local Rents

12 rents from £1K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,35010/240.19 miThelwall, Warrington3
£1,40010/240.43 miGlebe Avenue, Warrington3
£1,50010/240.43 miGlebe Avenue, Grappenhall, Warrington3
£1,25010/240.44 miShadewood Crescent, Grappenhall, Warrington3
£2,30010/241.01 mi-3
£1,95002/251.03 mi-3
£1,80001/251.04 mi-3
£1,80001/251.04 mi-3
£1,00002/251.06 mi-3
£1,99510/241.15 miThe Forge, Massey Brook Lane, Lymm, WA133
£1,40010/241.17 miWinterbourne Gardens, Grappenhall Heys, Warrington, WA43
£1,79507/241.17 mi-3

Local Area Statistics

Population in WA4

46,997

Population in Warrington

215,344

Town centre distance

2.33 miles away

Nearest school

0.40 miles away

Nearest train station

2.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £475,000

November 7, 2024

Floor Plans

Description

  • Incredible three bedroom detached home forming part of the Thelwall Heys estate +
  • In need of some modernisation however with huge potential to extend (subject to permissions) to create a fabulous home +
  • Approached down a private driveway the setting is incredible +
  • Large gardens to the front, with plenty of space to the side and rear as well as off road parking +
  • No chain delay and freehold +
  • Incredible Parkland Setting +

Nestled within the prestigious Thelwall Heys estate, this remarkable three-bedroom detached house presents a unique opportunity for those seeking a property with vast potential. In need of modernisation, this residence offers the chance to sculpt a truly outstanding home, with the possibility to extend subject to necessary permissions. Accessible via a private driveway, the setting of this property is truly exceptional, offering an oasis of tranquillity within its incredible parkland surroundings. With large gardens to the front, and ample space to the side and rear, this property provides a canvas for creating a spectacular living environment. Furthermore, off-road parking is conveniently available, ensuring both practicality and convenience for residents. This property is offered with no chain delay and boasts freehold tenure, making it an enticing prospect for those looking to make their mark on a distinguished estate.

Stepping outside, the external space of this property offers an expansive canvas for outdoor living and entertainment. As you explore the grounds, you are greeted by a generous front garden, providing an inviting entrance to this remarkable property. With vast potential for landscaping, this area can be transformed into a beautiful outdoor sanctuary. The side and rear of the property also offer plentiful space for gardening enthusiasts or those desiring a tranquil retreat away from the hustle and bustle of daily life. Whether you envision al-fresco dining under the stars or creating a stunning garden oasis, this property provides the ideal backdrop for enjoying the great outdoors. Embrace a lifestyle of relaxation and serenity, as you immerse yourself in the natural beauty that surrounds this remarkable home.
EPC Rating: D

Agent Details

Ashtons Estate Agency, Stockton Heath

01925 986035

Next Steps?

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