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

Houston Gardens, Great Sankey, Warrington, Cheshire, WA5 8DN - 2 views - 3 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	£132,000£132,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£4,500£4,500
Total Cash In	£32,000£32,000

Cash Out
Rent Range	£660 - £1,075£660 - £1,075
Rent Estimate	£823
Running Costs/mo	£528£528
Cashflow/mo	£295£295
Cashflow/yr	£3,536£3,536
ROI	11%11%
Gross Yield	9%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.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£148.8K	04/23	0.04 mi	1, Houston Gardens, Great Sankey, Warrington WA5 8DN	-	-	2	Flat
£158.9K	01/24	0.04 mi	19, Houston Gardens, Great Sankey, Warrington WA5 8DN	£2,566	62	2	Flat
£145K	11/22	0.05 mi	47, Union Square, Great Sankey, Warrington WA5 3SN	£2,377	61	2	Flat
£130K	07/21	0.05 mi	37, Union Square, Great Sankey, Warrington WA5 3SN	£2,000	65	2	Flat
£153K	11/22	0.07 mi	14, Bridgeport Mews, Great Sankey, Warrington WA5 3SL	-	-	2	Flat
£122.5K	05/21	0.09 mi	31, Houston Gardens, Great Sankey, Warrington WA5 8DN	£1,944	63	2	Flat
£158K	06/23	0.12 mi	8, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,760	57	2	Flat
£135K	09/22	0.12 mi	61, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,386	57	2	Flat
£128K	10/23	0.12 mi	69, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,246	57	2	Flat
£176K	12/23	0.12 mi	62, Rockford Gardens, Great Sankey, Warrington WA5 3QD	£2,948	60	2	Flat
£137K	08/23	0.14 mi	33, Mckinley Street, Great Sankey, Warrington WA5 8GR	£2,491	55	2	Flat
£90K	04/21	0.24 mi	11, Harrogate Close, Great Sankey, Warrington WA5 3AU	£1,918	47	2	Flat
£144K	03/23	0.53 mi	19, Blue Lake Gardens, Great Sankey, Warrington WA5 3TQ	£2,717	53	2	Flat
£148.5K	11/23	0.54 mi	Flat 16, Graceville Court, Rose Creek Gardens, Great Sankey, Warrington WA5 3TU	£2,475	60	2	Flat
£350K	10/21	0.58 mi	22, Belmont Crescent, Great Sankey, Warrington WA5 3DT	-	-	2	Flat
£140K	02/23	0.6 mi	68, Stockdale Drive, Great Sankey, Warrington WA5 3RW	£2,121	66	2	Flat
£205K	09/22	0.75 mi	89, Washington Drive, Great Sankey, Warrington WA5 8WZ	£2,600	79	2	Flat
£85K	12/20	0.75 mi	19, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,521	56	2	Flat
£100K	06/21	0.75 mi	15, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,716	58	2	Flat
£100K	09/22	0.75 mi	21, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,789	56	2	Flat
£96K	10/23	0.75 mi	79, Chapelside Close, Great Sankey, Warrington WA5 1RA	£1,910	50	2	Flat
£195K	10/23	0.76 mi	79, Washington Drive, Great Sankey, Warrington WA5 8WZ	£2,657	73	2	Flat
£75K	12/20	0.85 mi	16, Frobisher Court, Old Hall, Warrington WA5 9PQ	-	-	2	Flat
£105K	04/21	0.85 mi	20, Frobisher Court, Old Hall, Warrington WA5 9PQ	£1,909	55	2	Flat
£215K	02/23	0.87 mi	17, Archers Green Road, Westbrook, Warrington WA5 7XS	£2,529	85	2	Flat
£125K	11/21	0.92 mi	157, Butts Green, Westbrook, Warrington WA5 7XT	£2,155	58	2	Flat
£140K	12/22	0.92 mi	167, Butts Green, Westbrook, Warrington WA5 7XT	£2,298	61	2	Flat
£109K	06/21	0.92 mi	161, Butts Green, Westbrook, Warrington WA5 7XT	£1,912	57	2	Flat
£88K	12/22	0.92 mi	26, Winstanley Close, Great Sankey, Warrington WA5 1XR	£1,833	48	2	Flat
£137K	03/23	0.99 mi	3, Nansen Close, Old Hall, Warrington WA5 9PU	£2,796	49	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£660	10/24	0.05 mi	Union Square, Great Sankey	2	Flat
£875	12/24	0.08 mi	-	2	Flat
£900	03/25	0.11 mi	-	2	Flat
£925	10/24	0.13 mi	Woodhall Close, Great Sankey, WA5	2	Detached House
£980	10/24	0.43 mi	-	2	Flat
£925	02/24	0.44 mi	-	2	Flat
£830	12/24	0.44 mi	-	2	Flat
£850	10/24	0.46 mi	-	2	Flat
£975	02/24	0.51 mi	-	2	Flat
£1,075	03/25	0.51 mi	-	2	Flat

Local Area Statistics

Population in WA5	58,49658,496
Population in Warrington	215,344215,344
Town centre distance	3.12 miles away3.12 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.59 miles away0.59 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+33%+33%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+46%+46%

Property History

Listed for £110,000

December 4, 2024

Sold for £112,646

2006

Floor Plans

Description

Being sold via Secure Sale online bidding. Terms & Conditions apply. +
Great Location +
Two Bedroom Ground Floor Flat +
Parking +
Open Plan Kitchen/Living Room +
En-Suite +

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

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 105
Annual Ground Rent Amount: £150.00
Annual Service Charge Amount: £1,596.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.