3 Bed Terraced House, Refurb/BRRR, Saint Helens, WA10 1LT, £99,950

Alfred Street, St. Helens, WA10 1LT - 8 views - 6 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 7%
~93 m²
+8 photos

ValuationUndervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£4,199

Refurb Costs

£39,132

Bridging Loan Interest

£2,624

Total Cash In

£72,692

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£112,519

Mortgage (After Refinance)

£84,389

Mortgage LTV

75%

Cash Released

£9,426

Cash Left In

£63,266

Equity

£28,130

Rent Range

£650 - £1,950

Rent Estimate

£961

Running Costs/mo

£564

Cashflow/mo

£397

Cashflow/yr

£4,766

ROI

7%

Gross Yield

12%













Local Rents

31 rents from £650/mo to £1.9K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£92510/240.1 mi-3
£82510/240.12 mi-3
£85003/250.14 mi-3
£85010/240.15 mi-3
£87504/250.2 mi-3
£92504/250.57 mi-3
£97512/240.67 mi-3
£95010/240.68 miProspect Road, St. Helens3
£80010/240.7 miSpray Street, St. Helens, WA103
£92510/240.77 miHamblett Crescent, St. Helens, WA11 93
£85003/250.79 mi-3
£92502/240.81 mi-3
£97510/240.81 mi-3
£92510/240.81 mi-3
£98004/250.82 mi-3
£1,95002/240.82 mi-3
£77503/250.84 mi-3
£95010/240.86 mi-3
£95004/250.86 mi-3
£89503/250.88 mi-3
£85003/250.89 mi-3
£1,09502/250.98 mi-3
£79511/241 mi-3
£82510/241.09 mi-3
£1,10010/241.11 miCarr Mill Road, St. Helens, WA113
£90011/241.17 mi-3
£90003/251.17 mi-3
£1,10001/251.21 mi-3
£83301/241.22 mi-3
£90010/241.23 miNewlyn Grove, St. Helens, WA113
£65010/241.23 mi83 Broad Oak Road, St. Helens, Merseyside, WA93

Local Area Statistics

Population in WA10

38,450

Population in Saint Helens

127,858

Nearest school

0.20 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £99,950

November 8, 2024

Floor Plans

Description

  • Terraced House +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Gas Central Heating +
  • UPVc Double Glazed +
  • Downstairs Bathroom +
  • Ideal FTB or Investment +
  • In Need of Modernisation +
  • Viewing Highly Recommended +
  • EPC: C +

We are pleased to announce for sale this three bedroom mid terraced which although does require some refurbishment would make an ideal first time time or investment. The property benefits from being gas central heated and UPVc double glazed and briefly comprises of: entrance hallway, lounge, dining room, kitchen, inner hall, and bathroom all to the ground floor. To the first floor there are three good sized bedrooms. Externally the property has a larger than average yard area. Viewing is highly recommended to appreciate the size and potential of this property and can be arranged through our office or by calling .

Entrance Hall - Door to front aspect, stairs to first floor, and radiator.

Lounge - 3.68 x 3.63 (12'0" x 11'10") - UPVc double glazed window to front aspect, and radiator.

Dining Room - 4.65 x 3.63 (15'3" x 11'10") - UPVc double glazed double doors leading to rear yard, and wall mounted gas fire.

Kitchen - 2.95 x 1.97 (9'8" x 6'5") - UPVc double glazed window to side aspect, range of wall and base units, 1 1/2 sink unit with mixer tap, plumbed for washing machine, and part tiled walls.

Inner Hall - Door to rear aspect.

Family Bathroom - 1.95 x 1.76 (6'4" x 5'9") - UPVc double glazed window to side aspect, panelled bath, low level wc, hand wash basin, radiator, and tiled walls.

First Floor Landing - Loft access.

Bedroom One - 3.71 x 3.63 (12'2" x 11'10") - UPVc double glazed window to front aspect, and radiator.

Bedroom Two - 2.67 x 2.04 (8'9" x 6'8") - UPVc double glazed window to rear aspect.

Bedroom Three - 3.65 x 2.50 (11'11" x 8'2") - UPVc double glazed window to rear aspect.

External - Good sized yard area to the rear which has gated access to the rear alleyway.

Agent Details

John Brown Estate Agents, St Helens

01744 903766

Next Steps?

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