2 Bed Flat, Single Let, Warrington, WA5 8DN, £110,000

Houston Gardens, Warrington, WA5 8DN - 3 views - 4 months ago

Leasehold
Auction
BTL
ROI: 11%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£75K - £350K
Sold Prices/m²£1.5K/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£134,200
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£660 - £1,075

Rent Estimate

£825

Running Costs/mo

£529

Cashflow/mo

£296

Cashflow/yr

£3,555

ROI

11%

Gross Yield

9%

Local Sold Prices

30 sold prices from £75K to £350K, average is £137K. £1.5K/m² to £2.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£148.8K04/230 mi1, Houston Gardens, Great Sankey, Warrington WA5 8DN2
£158.9K01/240 mi19, Houston Gardens, Great Sankey, Warrington WA5 8DN2
£122.5K05/210.06 mi31, Houston Gardens, Great Sankey, Warrington WA5 8DN2
£145K11/220.07 mi47, Union Square, Great Sankey, Warrington WA5 3SN2
£130K07/210.07 mi37, Union Square, Great Sankey, Warrington WA5 3SN2
£153K11/220.11 mi14, Bridgeport Mews, Great Sankey, Warrington WA5 3SL2
£137K08/230.13 mi33, Mckinley Street, Great Sankey, Warrington WA5 8GR2
£158K06/230.16 mi8, Rockford Gardens, Great Sankey, Warrington WA5 3QD2
£135K09/220.16 mi61, Rockford Gardens, Great Sankey, Warrington WA5 3QD2
£128K10/230.16 mi69, Rockford Gardens, Great Sankey, Warrington WA5 3QD2
£176K12/230.16 mi62, Rockford Gardens, Great Sankey, Warrington WA5 3QD2
£90K04/210.21 mi11, Harrogate Close, Great Sankey, Warrington WA5 3AU2
£148.5K11/230.55 miFlat 16, Graceville Court, Rose Creek Gardens, Great Sankey, Warrington WA5 3TU2
£144K03/230.55 mi19, Blue Lake Gardens, Great Sankey, Warrington WA5 3TQ2
£350K10/210.61 mi22, Belmont Crescent, Great Sankey, Warrington WA5 3DT2
£140K02/230.64 mi68, Stockdale Drive, Great Sankey, Warrington WA5 3RW2
£205K09/220.73 mi89, Washington Drive, Great Sankey, Warrington WA5 8WZ2
£195K10/230.74 mi79, Washington Drive, Great Sankey, Warrington WA5 8WZ2
£85K12/200.79 mi19, Chapelside Close, Great Sankey, Warrington WA5 1RA2
£100K06/210.79 mi15, Chapelside Close, Great Sankey, Warrington WA5 1RA2
£100K09/220.79 mi21, Chapelside Close, Great Sankey, Warrington WA5 1RA2
£96K10/230.79 mi79, Chapelside Close, Great Sankey, Warrington WA5 1RA2
£75K12/200.82 mi16, Frobisher Court, Old Hall, Warrington WA5 9PQ2
£105K04/210.82 mi20, Frobisher Court, Old Hall, Warrington WA5 9PQ2
£215K02/230.84 mi17, Archers Green Road, Westbrook, Warrington WA5 7XS2
£125K11/210.89 mi157, Butts Green, Westbrook, Warrington WA5 7XT2
£140K12/220.89 mi167, Butts Green, Westbrook, Warrington WA5 7XT2
£109K06/210.89 mi161, Butts Green, Westbrook, Warrington WA5 7XT2
£88K12/220.92 mi26, Winstanley Close, Great Sankey, Warrington WA5 1XR2
£137K03/230.97 mi3, Nansen Close, Old Hall, Warrington WA5 9PU2

Local Rents

10 rents from £660/mo to £1.1K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£66010/240.07 miUnion Square, Great Sankey2
£92510/240.09 miWoodhall Close, Great Sankey, WA52
£87512/240.09 mi-2
£90003/250.15 mi-2
£83012/240.42 mi-2
£98010/240.44 mi-2
£92502/240.45 mi-2
£85010/240.47 mi-2
£97502/240.53 mi-2
£1,07503/250.53 mi-2

Local Area Statistics

Population in WA5

58,496

Population in Warrington

215,344

Town centre distance

3.08 miles away

Nearest school

0.40 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+46%

Property History

Listed for £110,000

November 26, 2024

Sold for £112,646

2006

Floor Plans

Description

  • En-Suite +
  • Ground Floor +
  • Parking +
  • Great Location +
  • Perfect For All Buyers +
  • Open Plan Kitchen/Living Room +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £110000

Welcome to Houston Gardens, a hidden gem in the heart of Warrington! This exquisite 2-bedroom apartment, offers a stylish and contemporary living experience that is sure to captivate both homeowners and investors alike.

Step inside and be greeted by a spacious and inviting open plan kitchen living area. The modern design seamlessly blends functionality and aesthetics, creating the perfect space for relaxation and entertaining. Imagine hosting friends and family, preparing delicious meals in the sleek kitchen while enjoying the company of your loved ones.

The apartment boasts two generously sized bedrooms, providing ample space for rest and rejuvenation. The master bedroom features an en-suite bathroom, offering a private sanctuary where you can unwind after a long day. Wake up to the soft morning light streaming through the windows, filling the room with warmth and tranquility.

One of the standout features of this property is its fantastic location. With excellent transport links just a stone's throw away, commuting to work or exploring the vibrant town of Warrington has never been easier. The proximity to schools and amenities ensures that everything you need is within reach.

As you step outside, you'll discover a vibrant community that offers a perfect blend of convenience and charm. Take a leisurely stroll through the nearby parks, enjoy the local cafes and restaurants, or explore the bustling shopping centers that are just a short distance away. There's always something exciting to do.

Don't miss out on this incredible opportunity. Whether you're a first-time buyer, looking to downsize, or seeking an investment property, this apartment ticks all the boxes. Come and experience the true essence of comfortable and contemporary living at Houston Gardens.

Book your viewing now

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Agent Details

The Agency UK, Covering Nationwide

020 3910 6171

Next Steps?

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