2 Bed Flat, Single Let, Saint Helens, WA9 2JQ, £60,000

224 Newton Road, St. Helens, Merseyside WA9 2JQ, Saint Helens - 3 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 20%
~67 m²
+2 photos

ValuationUndervalued

Sold Prices£50K - £117K
Sold Prices/m²£943/m² - £2K/m²

 

 

Square Metres

~67 m²
Price/m²£896/m²

Value Estimate

£73,200
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£19,200

 

 

Cash Out

 

Rent Range

£625 - £2,128

Rent Estimate

£650

Running Costs/mo

£338

Cashflow/mo

£313

Cashflow/yr

£3,750

ROI

20%

Gross Yield

13%

Local Sold Prices

44 sold prices from £50K to £117K, average is £85.5K. £943/m² to £2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£72K11/230.01 mi218, Newton Road, St Helens, Merseyside WA9 2JQ2
£62K10/200.06 mi269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU2
£75K08/220.06 mi299, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU2
£62K10/200.06 mi269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU2
£85K12/230.06 mi287, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU2
£72.2K11/220.99 mi8, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£72.2K11/221.01 mi10, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£72.2K11/221.01 mi4, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£58K10/211.02 mi55, Boardmans Lane, St Helens, Merseyside WA9 1HH2
£65K01/211.07 mi41, Breccia Gardens, St. Helens, Merseyside WA9 1SB2
£100K10/221.07 mi18, Breccia Gardens, St Helens, Merseyside WA9 1SB2
£95K02/221.09 mi28, The Rides, Haydock, St Helens, Merseyside WA11 0GQ2
£76K12/211.09 mi24, The Rides, Haydock, St Helens, Merseyside WA11 0GQ2
£67K10/221.12 mi33, Cygnet Gardens, St Helens, Merseyside WA9 1SE2
£60K02/211.12 mi27, Cygnet Gardens, St Helens, Merseyside WA9 1SE2
£101.5K09/231.24 mi2d, Carnegie Crescent, St Helens, Merseyside WA9 3LY2
£96K09/221.31 mi21, New Bold Court, St Helens, Merseyside WA9 4TE2
£96K04/211.31 mi27, New Bold Court, St. Helens, Merseyside WA9 4TE2
£115K07/211.49 mi12, Piele Road, Haydock, St Helens, Merseyside WA11 0JY2
£83K03/211.49 mi44, Piele Road, Haydock, St Helens, Merseyside WA11 0JY2
£70K05/211.49 mi80, Piele Road, Haydock, St. Helens, Merseyside WA11 0JY2
£110K09/231.49 mi84, Piele Road, Haydock, St Helens, Merseyside WA11 0JY2
£76K03/211.49 mi82, Piele Road, Haydock, St. Helens, Merseyside WA11 0JY2
£86K11/211.49 mi46, Piele Road, Haydock, St Helens, Merseyside WA11 0JY2
£90K07/231.49 mi72, Piele Road, Haydock, St Helens, Merseyside WA11 0JY2
£101K09/221.56 mi7, Cavan Drive, Haydock, St Helens, Merseyside WA11 0GN2
£100.5K05/231.56 mi5, Cavan Drive, Haydock, St Helens, Merseyside WA11 0GN2
£103.5K02/241.56 mi23, Cavan Drive, Haydock, St Helens, Merseyside WA11 0GN2
£117K07/231.59 mi46, Vista Road, Newton-le-willows, Merseyside WA12 9ER2
£97.5K04/211.65 mi27, Rushton Close, Burtonwood, Warrington WA5 4HB2
£66.5K05/221.67 mi5, Waverly Court, St Helens, Merseyside WA9 3BT2
£100K03/231.75 mi17, Rampit Close, Haydock, St Helens, Merseyside WA11 0YH2
£95K09/221.75 mi13, Rampit Close, Haydock, St Helens, Merseyside WA11 0YH2
£95K06/231.75 mi15, Rampit Close, Haydock, St Helens, Merseyside WA11 0YH2
£78K08/211.92 mi102, Delph Hollow Way, St. Helens, Merseyside WA9 5GP2
£95K11/221.92 mi32, Delph Hollow Way, St Helens, Merseyside WA9 5GP2
£50K08/221.96 mi231, Lower Hall Street, St Helens, Merseyside WA10 1GF2
£80K01/211.96 miApartment 16, White Cross Court, Borron Road, Newton-le-willows, Merseyside WA12 0DT2
£76.5K02/211.96 miApartment 15, White Cross Court, Borron Road, Newton-le-willows, Merseyside WA12 0DT2
£90K11/231.96 miApartment 21, White Cross Court, Borron Road, Newton-le-willows, Merseyside WA12 0DT2
£80K01/231.96 miApartment 25, White Cross Court, Borron Road, Newton-le-willows, Merseyside WA12 0DT2
£90K11/211.99 mi21, Catherine Way, Newton-le-willows, Merseyside WA12 8RG2
£95K09/221.99 mi98, Catherine Way, Newton-le-willows, Merseyside WA12 8RG2
£97K03/221.99 mi94, Catherine Way, Newton-le-willows, Merseyside WA12 8RG2

Local Rents

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

RentDateDistanceAddressBeds 
£72505/240.06 mi-2
£75004/250.32 mi-2
£85002/250.4 mi-2
£75002/250.6 mi-2
£70003/250.6 mi-2
£75004/250.64 mi-2
£70010/240.64 miMendip Grove, St Helens, WA92
£68512/240.74 mi-2
£70010/240.75 miBroad Oak Road, St. Helens, WA92
£75003/250.85 mi-2
£79511/240.9 mi-2
£2,12810/240.92 mi-2
£1,62403/250.92 mi-2
£67510/240.92 mi-2
£74501/250.92 mi-2
£75003/250.95 mi-2
£70012/240.99 mi-2
£70004/250.99 mi-2
£65010/240.99 mi15 station road, Haydock, St. Helens, WA11 0JJ2
£70007/241 mi-2
£79510/241.03 miStation Road, Haydock, WA112
£82511/241.09 mi-2
£75011/241.1 mi-2
£75012/241.1 mi-2
£72504/251.11 mi-2
£70010/231.12 mi-2
£85010/241.15 miBirch Crescent, Newton-Le-Willows, Merseyside, WA122
£70012/241.16 mi-2
£62510/241.19 mi-2
£65011/241.2 mi-2
£69511/241.21 mi-2
£70011/241.24 mi-2

Local Area Statistics

Population in WA9

48,786

Population in Saint Helens

127,858

Nearest school

0.30 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Price changed to £60,000

February 17, 2025

Listed for £65,000

January 15, 2025

Floor Plans

Description

  • A Two Bedroom Ground Floor Apartment +
  • Ideal Buy To Let / Investment property +
  • Popular Residential location. +

Online Auction - 11th to 12th February 2025 A vacant Leasehold Two Bedroom Ground Floor Apartment A vacant ground floor leasehold apartment comprising: Entrance hall, Lounge, kitchen, two bedrooms and bathroom. Parking to the rear.

Tenure: Leasehold
Title number: MS544819
Term: 999 years from 1 January 2005
Ground Rent:
Service Charge:
Council Tax Band : B
Local Authority: St Helens

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold Lease Details: MS544819 EPC Rating: C Administration Fee: 2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £1140 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Fulwood

01772 286883

Next Steps?

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