3 Bed Terraced House, Single Let, Prescot, L34 2TG, £130,000

Scotchbarn Lane, Prescot, L34 2TG - 4 months ago

BTL
ROI: 8%
~95 m²
+9 photos

ValuationUndervalued

Sold Prices£71K - £257.5K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

~94.70 m²
Price/m²£1.4K/m²

Value Estimate

£156,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Rent Range

£800 - £1,500

Rent Estimate

£850

Running Costs/mo

£596

Cashflow/mo

£254

Cashflow/yr

£3,045

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £71K to £257.5K, average is £181.1K. £1K/m² to £3.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£155K08/210.03 mi17, Sutherland Road, Prescot, Merseyside L34 2TU3
£182.2K03/230.03 mi11, Sutherland Road, Prescot, Merseyside L34 2TU3
£142.5K02/240.04 mi44, Bretherton Road, Prescot, Merseyside L34 2TF3
£115K04/210.04 mi61, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£150K08/220.04 mi59, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£140K03/210.07 mi28, Mines Avenue, Prescot, Merseyside L34 2TD3
£159.5K02/230.08 mi75, Bretherton Road, Prescot, Merseyside L34 2TE3
£130.5K10/230.08 mi83, Bretherton Road, Prescot, Merseyside L34 2TE3
£145K01/230.08 mi87, Bretherton Road, Prescot, Merseyside L34 2TE3
£124.2K11/210.09 mi31, Bretherton Road, Prescot, Merseyside L34 2TB3
£180K07/210.14 mi15, Sinclair Close, Prescot, Merseyside L35 7LD3
£210K06/210.15 mi129, Scotchbarn Lane, Prescot, Merseyside L35 7JA3
£156K04/210.15 mi133, Scotchbarn Lane, Prescot, Merseyside L35 7JA3
£150K12/200.18 mi151, Warrington Road, Prescot, Merseyside L35 5AD3
£165K12/200.18 mi36, Broadlands, Prescot, Merseyside L35 5JA3
£217K10/210.18 mi5, Broadlands, Prescot, Merseyside L35 5JA3
£185K09/230.18 mi39, Broadlands, Prescot, Merseyside L35 5JA3
£233K06/210.18 mi70, Sinclair Avenue, Prescot, Merseyside L35 7LW3
£180K11/230.18 mi58, Sinclair Avenue, Prescot, Merseyside L35 7LW3
£170K11/230.18 mi93, Sinclair Avenue, Prescot, Merseyside L35 7LL3
£117K02/210.2 mi22, Steley Way, Prescot, Merseyside L34 5NU3
£183.6K04/230.2 mi8, Laurel Road, Prescot, Merseyside L34 2SU3
£142K11/210.2 mi6, Tinling Close, Prescot, Merseyside L34 2UQ3
£255K02/230.2 mi25, Derwent Avenue, Prescot, Merseyside L34 2ST3
£225K12/220.2 mi32, Derwent Avenue, Prescot, Merseyside L34 2ST3
£225K11/230.2 mi10, Derwent Avenue, Prescot, Merseyside L34 2ST3
£212.5K01/210.21 mi72, St James Road, Prescot, Merseyside L34 2SJ3
£257.5K08/230.21 mi34, Sinclair Avenue, Prescot, Merseyside L35 7LN3
£175K05/210.24 mi59, Vining Road, Prescot, Merseyside L35 7LQ3
£225K01/230.24 mi65, St James Road, Prescot, Merseyside L34 2SF3
£215K10/210.24 mi3, Grasmere Avenue, Prescot, Merseyside L34 2SR3
£175K07/210.24 mi29, Grasmere Avenue, Prescot, Merseyside L34 2SR3
£212K07/230.24 mi8, Grasmere Avenue, Prescot, Merseyside L34 2SR3
£146.8K08/240.24 mi31, Gilbert Road, Whiston, Prescot, Merseyside L35 5AG3
£210K04/230.25 mi15, Coniston Avenue, Prescot, Merseyside L34 2SW3
£232.5K07/240.26 mi174, Warrington Road, Whiston, Prescot, Merseyside L35 2UA3
£240K05/210.26 mi208, Warrington Road, Whiston, Prescot, Merseyside L35 2UA3
£250K03/240.26 mi7, Alder Road, Prescot, Merseyside L34 2SG3
£166K10/200.27 mi16, Ash Grove, Prescot, Merseyside L35 5BD3
£210K01/210.27 mi4, Maple Grove, Prescot, Merseyside L35 5BB3
£71K04/210.28 mi32, Columbia Road, Prescot, Merseyside L34 2SB3
£205K08/230.28 mi29, Ford Road, Prescot, Merseyside L35 7LF3
£220K07/220.28 mi14, Wyke Road, Prescot, Merseyside L35 5HL3
£169.9K09/210.29 mi5, Edward Road, Whiston, Prescot, Merseyside L35 5AH3
£252K06/230.29 mi12, Old Lane, Eccleston Park, Prescot, Merseyside L34 2RG3
£195K09/220.29 mi28, Old Lane, Eccleston Park, Prescot, Merseyside L34 2RG3
£135K04/210.3 mi53, Poplar Grove, Prescot, Merseyside L35 5AY3
£225K10/210.3 mi15, Poplar Grove, Prescot, Merseyside L35 5AY3
£158K09/230.3 mi26, Poplar Grove, Prescot, Merseyside L35 5AZ3
£246.5K01/240.3 mi12, Vining Road, Prescot, Merseyside L35 7LG3

Local Rents

28 rents from £800/mo to £1.5K/mo, average is £935/mo.

RentDateDistanceAddressBeds 
£1,00012/240.13 miCliftonville, Prescot3
£1,20005/240.16 miSinclair Avenue, Prescot3
£1,20005/240.16 miSinclair Avenue, Prescot3
£1,20012/240.18 miSinclair Avenue, Prescot, Merseyside3
£90001/250.24 mi-3
£90003/250.24 mi-3
£1,25012/240.25 miLayton Way, Prescot, L343
£92004/240.27 miAsh Grove, Prescot, L353
£85012/240.27 mi-3
£85002/250.27 mi-3
£85002/250.27 mi-3
£1,00003/240.3 mi-3
£92006/240.3 mi-3
£90012/240.32 miSteward Court, Prescot, Merseyside, L353
£95012/240.34 miStation Road Boulevard, Prescot, L343
£1,25002/240.35 miSt. James Road, Eccleston Park, Prescot, L343
£1,00004/240.35 miBrook Street, Whiston, Merseyside3
£80004/240.36 miCross Street, Prescot, Merseyside, L343
£1,50003/250.37 mi-3
£90011/240.38 mi-3
£85003/250.39 mi-3
£87503/250.4 mi-3
£1,10012/240.41 mi-3
£1,10012/240.41 mi-3
£1,12504/240.53 miPrescot Park, Prescot, L343
£1,29503/250.55 mi-3
£90004/240.59 miManchester Road, Prescot3
£85004/240.62 mi-3

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.47 miles away

Nearest school

0.10 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Price changed to £130,000

January 7, 2025

Listed for £140,000

December 12, 2024

Floor Plans

Description

  • Three bedroom terraced property +
  • Two Spacious reception rooms +
  • Upstairs bathroom +
  • Good size kitchen +
  • Low maintenance gardens +
  • Freehold +

We are acting in the sale of the above property and have received an offer of £122,000. Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place. Presenting this three-bedroom terraced house in a sought-after location. Boasting two spacious reception rooms, this property offers versatile living space for entertaining or relaxation. The well-appointed upstairs bathroom provides convenience and comfort for the household. The good-sized kitchen is perfect for preparing meals and enjoying family time.

With low maintenance gardens, this property is ideal for those seeking a fuss-free outdoor space to unwind or entertain. Being offered with no chain, this home presents an excellent opportunity for a smooth and efficient purchase process.

This property is a freehold, providing peace of mind and security for the future. With its convenient layout and desirable features, this terraced house is a fantastic option for families or professionals looking for a comfortable and well-maintained home. Don't miss out on the chance to make this property your own - book a viewing today.

EPC Rating: E

Agent Details

Ashtons Estate Agency, St Helens

01744 411922

Next Steps?

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