2 Bed Terraced House, Refurb/BRRR, Saint Helens, WA9 1PB, £85,000

Parr Stocks Road, St. Helens, Merseyside, WA9 1PB - 3 views - 5 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 7%
~68 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£77,535

 

 

End Value (After Refurb)

£85,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Refurb Costs

£28,800

Bridging Loan Interest

£2,231

Total Cash In

£57,781

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£85,000

Mortgage (After Refinance)

£63,750

Mortgage LTV

75%

Cash Left In

£57,781

Equity

£21,250

Rent Range

£625 - £2,128

Rent Estimate

£788

Running Costs/mo

£443

Cashflow/mo

£345

Cashflow/yr

£4,137

ROI

7%

Gross Yield

11%

Local Sold Prices

50 sold prices from £45K to £145K, average is £76K. £641/m² to £2.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£52K03/210.03 mi20, Gaskell Street, St. Helens, Merseyside WA9 1PQ2
£65K11/210.07 mi94, Parr Stocks Road, St Helens, Merseyside WA9 1NZ2
£60K10/200.08 mi31, Morgan Street, St. Helens, Merseyside WA9 1PE2
£66K02/210.09 mi123, Parr Stocks Road, St Helens, Merseyside WA9 1NY2
£65K07/230.09 mi109, Parr Stocks Road, St Helens, Merseyside WA9 1NY2
£59K08/210.1 mi8, Allanson Street, St. Helens, Merseyside WA9 1PD2
£95K03/230.17 mi8, Mccormack Avenue, St Helens, Merseyside WA9 1RY2
£140K07/230.31 mi12, Roysten Gardens, St Helens, Merseyside WA9 1RJ2
£63K04/210.31 mi104, Gaskell Street, St. Helens, Merseyside WA9 1PY2
£60K03/210.34 mi31, Monmouth Grove, St. Helens, Merseyside WA9 1QA2
£145K12/230.34 mi14, Saffron Gardens, St Helens, Merseyside WA9 1RH2
£82K04/240.36 mi1, Hargreaves Street, St Helens, Merseyside WA9 2DH2
£76K08/230.36 mi4, Hargreaves Street, St Helens, Merseyside WA9 2DH2
£110K10/230.37 mi80, Recreation Street, St Helens, Merseyside WA9 1EY2
£105K02/210.37 mi25, Murphy Grove, St. Helens, Merseyside WA9 1QY2
£56K12/200.39 mi29, Charnwood Street, St. Helens, Merseyside WA9 2DJ2
£95K02/240.4 mi61, Fry Street, St Helens, Merseyside WA9 2AD2
£88K04/230.4 mi71, Fry Street, St Helens, Merseyside WA9 2AD2
£64K10/210.44 mi32, Nicholson Street, St Helens, Merseyside WA9 2DR2
£76K09/210.45 mi31, Epsom Street, St. Helens, Merseyside WA9 2DT2
£89.5K06/230.46 mi20, Archer Grove, St Helens, Merseyside WA9 2DW2
£115K12/230.48 mi48, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£110K06/230.5 mi173, Sutton Road, St Helens, Merseyside WA9 3DU2
£85K12/200.5 mi185, Sutton Road, St. Helens, Merseyside WA9 3DU2
£62K08/210.51 mi18, Pentland Avenue, St Helens, Merseyside WA9 2BG2
£50K02/210.54 mi49, Pennine Drive, St Helens, Merseyside WA9 2BT2
£50K01/210.57 mi28, Graham Street, St Helens, Merseyside WA9 1LX2
£68K07/210.59 mi187, Broad Oak Road, St Helens, Merseyside WA9 2AQ2
£82.5K01/210.59 mi5, Medway Court, St. Helens, Merseyside WA9 2AZ2
£63K11/200.59 mi60, Graham Street, St Helens, Merseyside WA9 1LY2
£85.1K07/230.59 mi49, Graham Street, St Helens, Merseyside WA9 1LY2
£80K07/230.61 mi75, Atlas Street, St Helens, Merseyside WA9 1LN2
£65K08/210.61 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£65K08/210.61 mi147, Merton Bank Road, St Helens, Merseyside WA9 1DZ2
£85K05/210.64 mi43, Mendip Grove, St. Helens, Merseyside WA9 2EX2
£65K10/200.64 mi46, Morris Street, St Helens, Merseyside WA9 3EN2
£45K01/210.65 mi53, Waterland Lane, St Helens, Merseyside WA9 3AQ2
£67K03/210.65 mi5, Cleveland Street, St Helens, Merseyside WA9 3BL2
£82.5K08/230.66 mi32, Manville Street, St Helens, Merseyside WA9 3BH2
£50K03/240.66 mi3, Manville Street, St Helens, Merseyside WA9 3BH2
£76K11/210.66 mi37, Malvern Road, St. Helens, Merseyside WA9 2EY2
£69K10/230.66 mi41, Malvern Road, St Helens, Merseyside WA9 2EY2
£85K12/200.66 mi18, Bidston Avenue, St Helens, Merseyside WA11 9BJ2
£115K10/230.67 mi26, Blackbrook Road, St Helens, Merseyside WA11 9PU2
£87K02/210.67 mi52, Blackbrook Road, St. Helens, Merseyside WA11 9PU2
£80K10/210.68 mi4, Downland Way, St Helens, Merseyside WA9 3RH2
£56K11/210.7 mi213, Berrys Lane, St Helens, Merseyside WA9 3HD2
£118K12/200.71 mi21, Grantham Crescent, St Helens, Merseyside WA11 9YE2
£95K09/210.73 mi42, Bourne Gardens, St. Helens, Merseyside WA9 5DR2
£94K06/210.73 mi26, Frodsham Drive, St Helens, Merseyside WA11 9BL2

Local Rents

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

RentDateDistanceAddressBeds 
£62510/240.02 mi-2
£65011/240.02 mi-2
£69511/240.03 mi-2
£70012/240.04 mi-2
£72504/250.08 mi-2
£70010/240.09 miParr Stocks Rd, St. Helens2
£70002/240.11 mi-2
£75002/250.11 mi-2
£75011/240.12 mi-2
£72511/240.12 mi-2
£1,00010/240.12 mi-2
£72512/240.12 mi-2
£75011/240.14 mi-2
£75012/240.14 mi-2
£65002/240.26 mi-2
£65003/250.26 mi-2
£70004/250.26 mi-2
£65004/250.27 mi-2
£70012/240.3 mi-2
£70004/250.3 mi-2
£79511/240.33 mi-2
£2,12810/240.38 mi-2
£1,62403/250.38 mi-2
£75003/250.38 mi-2
£67510/240.39 mi-2
£74501/250.39 mi-2
£75003/250.46 mi-2
£75010/240.49 mi-2
£70010/240.53 miBroad Oak Road, St. Helens, WA92
£68512/240.53 mi-2
£75004/250.6 mi-2
£75010/240.62 miSutton Road, St Helens2
£75004/250.62 mi-2
£70010/240.62 miMendip Grove, St Helens, WA92

Local Area Statistics

Population in WA9

48,786

Population in Saint Helens

127,858

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £85,000

November 20, 2024

Floor Plans

Description

This two-bedroom mid-terraced property offers a great opportunity for first-time buyers or investors. Featuring two spacious reception rooms, a fully equipped kitchen, and a family bathroom on the ground floor, it provides a comfortable living space. The property also benefits from a rear garden, ideal for outdoor relaxation, and on-street parking for added convenience. In fair condition throughout, this home offers potential for modernisation and personalization. A must-see for those seeking a solid and affordable home in a convenient location.

Agent Details

Entwistle Green, St Helens

01744 903774

Next Steps?

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