2 Bed Terraced House, Refurb/BRRR, Saint Helens, WA9 1NY, £89,950

Parr Stocks Road, St Helens, WA9 1NY - 4 views - 5 months ago

Under Offer
Leasehold
Refurb/BRRR
ROI: 7%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£45K - £145K
Sold Prices/m²£641/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£77,072

 

 

End Value (After Refurb)

£85,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,488

Stamp Duty & Legal Fees

£3,899

Refurb Costs

£28,800

Bridging Loan Interest

£2,361

Total Cash In

£59,297

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£85,000

Mortgage (After Refinance)

£63,750

Mortgage LTV

75%

Cash Left In

£59,297

Equity

£21,250

Rent Range

£625 - £2,128

Rent Estimate

£792

Running Costs/mo

£444

Cashflow/mo

£348

Cashflow/yr

£4,176

ROI

7%

Gross Yield

11%

Local Sold Prices

51 sold prices from £45K to £145K, average is £82K. £641/m² to £2.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£66K02/210 mi123, Parr Stocks Road, St Helens, Merseyside WA9 1NY2
£65K07/230 mi109, Parr Stocks Road, St Helens, Merseyside WA9 1NY2
£65K11/210.03 mi94, Parr Stocks Road, St Helens, Merseyside WA9 1NZ2
£59K08/210.06 mi8, Allanson Street, St. Helens, Merseyside WA9 1PD2
£52K03/210.09 mi20, Gaskell Street, St. Helens, Merseyside WA9 1PQ2
£95K03/230.22 mi8, Mccormack Avenue, St Helens, Merseyside WA9 1RY2
£63K04/210.3 mi104, Gaskell Street, St. Helens, Merseyside WA9 1PY2
£60K03/210.31 mi31, Monmouth Grove, St. Helens, Merseyside WA9 1QA2
£140K07/230.31 mi12, Roysten Gardens, St Helens, Merseyside WA9 1RJ2
£110K10/230.32 mi80, Recreation Street, St Helens, Merseyside WA9 1EY2
£145K12/230.35 mi14, Saffron Gardens, St Helens, Merseyside WA9 1RH2
£105K02/210.4 mi25, Murphy Grove, St. Helens, Merseyside WA9 1QY2
£76K08/230.41 mi4, Hargreaves Street, St Helens, Merseyside WA9 2DH2
£82K04/240.41 mi1, Hargreaves Street, St Helens, Merseyside WA9 2DH2
£56K12/200.44 mi29, Charnwood Street, St. Helens, Merseyside WA9 2DJ2
£88K04/230.47 mi71, Fry Street, St Helens, Merseyside WA9 2AD2
£95K02/240.47 mi61, Fry Street, St Helens, Merseyside WA9 2AD2
£50K01/210.49 mi28, Graham Street, St Helens, Merseyside WA9 1LX2
£64K10/210.5 mi32, Nicholson Street, St Helens, Merseyside WA9 2DR2
£63K11/200.51 mi60, Graham Street, St Helens, Merseyside WA9 1LY2
£85.1K07/230.51 mi49, Graham Street, St Helens, Merseyside WA9 1LY2
£76K09/210.51 mi31, Epsom Street, St. Helens, Merseyside WA9 2DT2
£89.5K06/230.51 mi20, Archer Grove, St Helens, Merseyside WA9 2DW2
£85K12/200.51 mi185, Sutton Road, St. Helens, Merseyside WA9 3DU2
£110K06/230.51 mi173, Sutton Road, St Helens, Merseyside WA9 3DU2
£115K12/230.52 mi48, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£80K07/230.52 mi75, Atlas Street, St Helens, Merseyside WA9 1LN2
£65K08/210.55 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£65K08/210.55 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£62K08/210.6 mi18, Pentland Avenue, St Helens, Merseyside WA9 2BG2
£50K02/210.61 mi49, Pennine Drive, St Helens, Merseyside WA9 2BT2
£67K03/210.62 mi5, Cleveland Street, St Helens, Merseyside WA9 3BL2
£82.5K08/230.63 mi32, Manville Street, St Helens, Merseyside WA9 3BH2
£50K03/240.63 mi3, Manville Street, St Helens, Merseyside WA9 3BH2
£85K12/200.65 mi18, Bidston Avenue, St Helens, Merseyside WA11 9BJ2
£68K07/210.66 mi187, Broad Oak Road, St Helens, Merseyside WA9 2AQ2
£118K12/200.67 mi21, Grantham Crescent, St Helens, Merseyside WA11 9YE2
£87K02/210.67 mi52, Blackbrook Road, St. Helens, Merseyside WA11 9PU2
£115K10/230.67 mi26, Blackbrook Road, St Helens, Merseyside WA11 9PU2
£82.5K01/210.67 mi5, Medway Court, St. Helens, Merseyside WA9 2AZ2
£95K09/210.69 mi42, Bourne Gardens, St. Helens, Merseyside WA9 5DR2
£85K05/210.71 mi43, Mendip Grove, St. Helens, Merseyside WA9 2EX2
£92K06/210.72 mi38, Sherdley Road, St. Helens, Merseyside WA9 5AB2
£94K06/210.72 mi26, Frodsham Drive, St Helens, Merseyside WA11 9BL2
£45K01/210.73 mi53, Waterland Lane, St Helens, Merseyside WA9 3AQ2
£76K11/210.74 mi37, Malvern Road, St. Helens, Merseyside WA9 2EY2
£69K10/230.74 mi41, Malvern Road, St Helens, Merseyside WA9 2EY2
£105K10/210.75 mi35, Blackstone Avenue, St Helens, Merseyside WA11 9BZ2
£125K09/230.75 mi10, Blackstone Avenue, St Helens, Merseyside WA11 9BZ2
£125K09/230.75 mi10, Blackstone Avenue, St Helens, Merseyside WA11 9BZ2
£80K10/210.76 mi4, Downland Way, St Helens, Merseyside WA9 3RH2

Local Rents

33 rents from £625/mo to £2.1K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£70010/240 miParr Stocks Rd, St. Helens2
£72511/240.03 mi-2
£1,00010/240.03 mi-2
£72512/240.03 mi-2
£69511/240.06 mi-2
£65011/240.08 mi-2
£62510/240.09 mi-2
£70002/240.11 mi-2
£75002/250.11 mi-2
£70012/240.12 mi-2
£75011/240.12 mi-2
£72504/250.16 mi-2
£72504/250.16 mi-2
£75011/240.22 mi-2
£75012/240.22 mi-2
£65004/250.24 mi-2
£70004/250.25 mi-2
£65002/240.25 mi-2
£65004/250.25 mi-2
£70012/240.35 mi-2
£70004/250.35 mi-2
£75010/240.4 mi-2
£79511/240.42 mi-2
£75004/250.43 mi-2
£2,12810/240.44 mi-2
£1,62404/250.44 mi-2
£67510/240.44 mi-2
£74501/250.44 mi-2
£75004/250.52 mi-2
£75003/250.52 mi-2
£75010/240.57 miSutton Road, St Helens2
£70010/240.6 miBroad Oak Road, St. Helens, WA92
£68512/240.6 mi-2

Local Area Statistics

Population in WA9

48,786

Population in Saint Helens

127,858

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £89,950

November 20, 2024

Sold for £55,000

2019

Sold for £39,000

2003

Floor Plans

Description

  • IDEAL FOR THE FIRST TIME BUYER OR INVESTMENT +
  • FABULOUS POTENTIAL THROUGHOUT +
  • TWO DOUBLE BEDROOMS MID TERRACED HOME +
  • OPEN PLAN LIVING +
  • BREAKFAST KITCHEN +
  • DOWNSTAIRS BATHROOM +
  • FRONT GARDEN & COURTYARD +
  • FOR SALE WITH NO CHAIN ABOVE +
  • GREAT LOCATION +

A fabulous renovation project, this two double bedroomed mid terraced home boasting so much potential throughout ideal for a first time home or investment

With accommodation comprising of: Open plan downstairs living, lounge opening into the Dining room leading to the Breakfast Kitchen, Downstairs Bathroom and access to the rear. This property benefits from a new boiler, installed a year ago.

To the first floor are two double bedrooms.

A rear walled courtyard with personal access gate, all private and enclosed

Great location within walking distance to local amenities

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Burns & Reid Ltd, Windle

01744 903782

Next Steps?

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