3 Bed Terraced House, Refurb/BRRR, Saint Helens, WA10 4NA, £115,000

Horace Street, St Helens, WA10 4NA - 7 views - 5 months ago

Sold STC
Cash
Refurb/BRRR
ROI: 5%
~93 m²
+15 photos

ValuationFair Value

Sold Prices£75K - £330K
Sold Prices/m²£840/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£117,300

 

 

End Value (After Refurb)

£129,636

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Refurb Costs

£39,132

Bridging Loan Interest

£3,019

Total Cash In

£77,301

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£129,636

Mortgage (After Refinance)

£97,227

Mortgage LTV

75%

Cash Released

£10,977

Cash Left In

£66,324

Equity

£32,409

Rent Range

£775 - £1,950

Rent Estimate

£970

Running Costs/mo

£619

Cashflow/mo

£351

Cashflow/yr

£4,211

ROI

5%

Gross Yield

10%

Local Sold Prices

50 sold prices from £75K to £330K, average is £140.5K. £840/m² to £3.1K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£191K01/230.04 mi100, Dilloway Street, St Helens, Merseyside WA10 4LR3
£164.8K01/210.05 mi68, Dilloway Street, St. Helens, Merseyside WA10 4LP3
£175K03/210.05 mi76, Dilloway Street, St Helens, Merseyside WA10 4LP3
£150K05/240.08 mi64, Rivington Road, St Helens, Merseyside WA10 4NB3
£75K03/240.09 mi46, Cambridge Road, St Helens, Merseyside WA10 4HF3
£160K02/230.1 mi135, Rivington Road, St Helens, Merseyside WA10 4JQ3
£93K04/230.1 mi56, Kitchener Street, St Helens, Merseyside WA10 4LY3
£94K07/240.1 mi7, Kitchener Street, St Helens, Merseyside WA10 4LY3
£111K09/230.1 mi17, Kitchener Street, St Helens, Merseyside WA10 4LY3
£205K05/240.1 mi27, Horace Street, St Helens, Merseyside WA10 4LZ3
£128.3K04/210.12 mi2, Dilloway Street, St Helens, Merseyside WA10 4LN3
£135K07/210.17 mi33, Rivington Road, St Helens, Merseyside WA10 4NF3
£135K07/210.17 mi33, Rivington Road, St Helens, Merseyside WA10 4NF3
£90K10/210.17 mi24, Exeter Street, St. Helens, Merseyside WA10 4HS3
£75K06/210.17 mi44, Exeter Street, St. Helens, Merseyside WA10 4HS3
£175.5K09/210.18 mi198, Boundary Road, St Helens, Merseyside WA10 2LN3
£115K01/210.18 mi208, Boundary Road, St Helens, Merseyside WA10 2LN3
£141K05/210.18 mi206, Boundary Road, St. Helens, Merseyside WA10 2LN3
£92.5K12/210.19 mi220, Boundary Road, St Helens, Merseyside WA10 2LN3
£84K09/210.19 mi30, Lingholme Road, St Helens, Merseyside WA10 2NS3
£120K11/210.19 mi58, Lingholme Road, St Helens, Merseyside WA10 2NS3
£125.5K03/210.19 mi36, Lingholme Road, St Helens, Merseyside WA10 2NS3
£137K04/230.19 mi86, Lingholme Road, St Helens, Merseyside WA10 2NS3
£110K09/230.19 mi82, Lingholme Road, St Helens, Merseyside WA10 2NS3
£145K11/200.19 mi24, Coleridge Avenue, Dentons Green, St Helens, Merseyside WA10 6RN3
£95K02/210.19 mi95, Harris Street, St Helens, Merseyside WA10 2NR3
£118.5K02/240.19 mi97, Harris Street, St Helens, Merseyside WA10 2NR3
£185K11/200.19 mi139, Dentons Green Lane, Dentons Green, St Helens, Merseyside WA10 6RG3
£160K06/210.21 mi175, Rivington Road, St Helens, Merseyside WA10 4HY3
£212K12/230.21 mi144, Dentons Green Lane, Dentons Green, St Helens, Merseyside WA10 6RA3
£88K08/210.22 mi127, Albion Street, St. Helens, Merseyside WA10 2HB3
£195K12/230.24 mi70, Knowsley Road, St Helens, Merseyside WA10 4PW3
£149K08/210.24 mi68, Knowsley Road, St Helens, Merseyside WA10 4PW3
£77K10/210.24 mi19, Spray Street, St Helens, Merseyside WA10 2NL3
£136K05/230.25 mi2, Windsor Road, St Helens, Merseyside WA10 4HW3
£165K09/210.25 mi192, Dentons Green Lane, Dentons Green, St. Helens, Merseyside WA10 6RH3
£230K05/230.25 mi204, Dentons Green Lane, Dentons Green, St Helens, Merseyside WA10 6RH3
£215K02/230.26 mi192, Dentons Green Lane, Dentons Green, St Helens, Merseyside WA10 6RH3
£90K08/230.26 mi85, Creswell Street, St Helens, Merseyside WA10 2PN3
£180K09/210.27 mi85, Keswick Road, St. Helens, Merseyside WA10 2AH3
£150K05/230.27 mi71, Greenfield Road, Dentons Green, St Helens, Merseyside WA10 6SL3
£140K11/200.28 mi7, Keswick Road, St Helens, Merseyside WA10 2AQ3
£180.5K06/230.28 mi27, Keswick Road, St Helens, Merseyside WA10 2AQ3
£330K02/230.3 mi213, Dentons Green Lane, Dentons Green, St Helens, Merseyside WA10 6RU3
£132K03/230.3 mi6, Mulberry Avenue, St Helens, Merseyside WA10 4DA3
£225K01/210.3 mi14, Bishop Road, St Helens, Merseyside WA10 6ST3
£245K07/210.3 mi10, Bishop Road, St. Helens, Merseyside WA10 6ST3
£185K04/210.31 mi21, Kelsey Close, St. Helens, Merseyside WA10 4GY3
£118K02/210.32 mi111, Greenfield Road, Dentons Green, St. Helens, Merseyside WA10 6SH3
£205K05/230.32 mi248, Dentons Green Lane, Dentons Green, St Helens, Merseyside WA10 6RY3

Local Rents

13 rents from £775/mo to £1.9K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£79511/240.18 mi-3
£95010/240.18 mi-3
£95004/250.18 mi-3
£80010/240.25 miSpray Street, St. Helens, WA103
£92504/250.42 mi-3
£1,00004/250.42 mi-3
£98004/250.47 mi-3
£1,95002/240.47 mi-3
£82510/240.48 mi-3
£89010/240.49 miSculthorpe Close, St. Helens3
£77503/250.5 mi-3
£78003/250.51 mi-3
£1,19510/240.6 miHartington Road, St. Helens, Merseyside, WA103

Local Area Statistics

Population in WA10

38,450

Population in Saint Helens

127,858

Nearest school

0.10 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £115,000

November 18, 2024

Floor Plans

Description

  • CASH PURCHASE ONLY +
  • MID TERRACE PROPERTY +
  • 2 RECEPTION ROOMS +
  • 3 DOUBLE BEDROOM +
  • UTILITY ROOM +
  • GARDEN FRONTED +
  • IN NEED OF FULL RENOVATION +
  • NO ONWARD CHAIN +

'ATTENTION CASH BUYERS' Barrow and Cook are delighted to offer for sale this 3 bedroom traditional bay fronted terrace property, the property in need of full renovation offers great potential for the right person. Close to local schools, shops, park and leisure centre, giving easy access to the East Lancashire Road for commuting to Liverpool and Manchester. The property comprises Vestibule, Hall, 2 x Reception rooms, Kitchen, Utility, 3 double bedrooms, Bathroom, front and rear gardens.

This property has unsafe floor timbers and collapsed roof to bay window, some ceilings are hanging.

Brick Built

Agent Details

Barrow & Cook, St Helens

01744 903794

Next Steps?

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