2 Bed Flat, Cash/Bridging Only, Saint Helens, WA10 1GD, £50,000

Lower Hall Street, St. Helens, WA10 1GD - 2 views - 3 months ago

Sold STC
Leasehold
Cash
ROI: 10%
~56 m²
+6 photos

ValuationFair Value

Sold Prices£50K - £250K
Sold Prices/m²£715/m² - £2.2K/m²

 

 

Square Metres

~55.50 m²
Price/m²£901/m²

Value Estimate

£50,500

 

 

End Value (After Refurb)

£66,663

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Refurb Costs

£23,353

Bridging Loan Interest

£1,313

Total Cash In

£42,616

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£66,663

Mortgage (After Refinance)

£49,997

Mortgage LTV

75%

Cash Released

£12,497

Cash Left In

£30,119

Equity

£16,666

Rent Range

£675 - £990

Rent Estimate

£748

Running Costs/mo

£378

Cashflow/mo

£370

Cashflow/yr

£4,441

ROI

10%

Gross Yield

18%

Local Sold Prices

41 sold prices from £50K to £250K, average is £85K. £715/m² to £2.2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£50K08/220.06 mi231, Lower Hall Street, St Helens, Merseyside WA10 1GF2
£87.5K06/230.73 miApartment 18, Ashfield Court, Glover Street, St Helens, Merseyside WA10 3QY2
£66.5K05/220.91 mi5, Waverly Court, St Helens, Merseyside WA9 3BT2
£67K10/220.93 mi33, Cygnet Gardens, St Helens, Merseyside WA9 1SE2
£60K02/210.93 mi27, Cygnet Gardens, St Helens, Merseyside WA9 1SE2
£65K01/210.99 mi41, Breccia Gardens, St. Helens, Merseyside WA9 1SB2
£100K10/220.99 mi18, Breccia Gardens, St Helens, Merseyside WA9 1SB2
£58K10/211.01 mi55, Boardmans Lane, St Helens, Merseyside WA9 1HH2
£72.2K11/221.02 mi10, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£72.2K11/221.02 mi4, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£72.2K11/221.06 mi8, Deerfield Close, St Helens, Merseyside WA9 1HJ2
£81K05/221.11 mi43, Grasmere Avenue, St Helens, Merseyside WA11 9LX2
£78K08/211.17 mi102, Delph Hollow Way, St. Helens, Merseyside WA9 5GP2
£95K11/221.17 mi32, Delph Hollow Way, St Helens, Merseyside WA9 5GP2
£50K03/211.2 mi45, Liberty Place, St Helens, Merseyside WA10 4PL2
£105K12/221.26 mi2, The Feathers, St Helens, Merseyside WA10 4PG2
£98K06/231.26 mi12, The Feathers, St Helens, Merseyside WA10 4PG2
£105K12/231.35 mi125, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£90K09/231.35 mi123, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£88.5K05/241.35 mi103, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£95K07/211.35 mi83, Knowsley Road, St. Helens, Merseyside WA10 4PZ2
£97K06/231.35 mi91, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£95K01/231.35 mi121, Knowsley Road, St Helens, Merseyside WA10 4PZ2
£96K05/211.45 mi47, Newlove Avenue, St Helens, Merseyside WA10 4DS2
£99K09/231.45 mi12, Cunningham Court, St Helens, Merseyside WA10 4GA2
£85K11/201.45 mi19, Cunningham Court, St Helens, Merseyside WA10 4GA2
£92K09/221.45 mi2, Cunningham Court, St Helens, Merseyside WA10 4GA2
£100K03/211.59 mi5, Holme Road, Eccleston, St. Helens, Merseyside WA10 4QD2
£101.5K09/231.6 mi2d, Carnegie Crescent, St Helens, Merseyside WA9 3LY2
£150K04/211.69 mi111, Moss Bank Road, St Helens, Merseyside WA11 7DF2
£55K12/201.77 mi116, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£63K07/211.77 mi97, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£73K09/231.77 mi121, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£70K02/221.77 mi85, Lingmell Avenue, St Helens, Merseyside WA11 7AX2
£250K07/211.84 miApartment 5, Eccleston Hall, Prestbury Drive, Eccleston, St. Helens, Merseyside WA10 5NZ2
£173K12/201.84 miApartment 8, Eccleston Hall, Prestbury Drive, Eccleston, St. Helens, Merseyside WA10 5NZ2
£62K10/201.92 mi269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU2
£75K08/221.92 mi299, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU2
£62K10/201.92 mi269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU2
£85K12/231.92 mi287, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU2
£72K11/231.97 mi218, Newton Road, St Helens, Merseyside WA9 2JQ2

Local Rents

17 rents from £675/mo to £990/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£67510/240.03 miLower Hall Street, St. Helens, WA102
£75010/240.03 mi-2
£67510/240.04 miLower Hall Street, St. Helens, WA102
£72510/240.05 miHall Street, St Helens, WA102
£79504/250.05 mi-2
£99002/250.16 mi-2
£69502/240.17 mi-2
£70010/240.21 mi12 Arrivato Plaza, Hall Street, St. Helens2
£67503/250.23 mi-2
£75004/250.25 mi-2
£70010/240.25 miAlfred Street, St. Helens, Merseyside, WA102
£75003/250.27 mi-2
£75010/240.35 mi-2
£79510/240.35 miGleave Street, St Helens, WA102
£79512/240.62 mi-2
£75002/250.62 mi-2
£75003/250.62 mi-2

Local Area Statistics

Population in WA10

38,450

Population in Saint Helens

127,858

Nearest school

0.10 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £50,000

March 16, 2025

Price changed to £51,000

February 24, 2025

Price changed to £53,000

February 12, 2025

Listed for £55,000

January 24, 2025

Floor Plans

Description

  • Modern First Floor Apartment +
  • Two Bedrooms / Master En-Suite +
  • Juliet Balcony +
  • No Onward Chain +
  • Covered Allocated Parking +
  • Open Plan Living Room / Kitchen +

The Property
*NO ONWARD CHAIN*MASTER EN-SUITE*** IDEAL FOR CASH BUYERS** *

This is a fabulous opportunity to purchase a two-bedroom first floor apartment, affording covered allocated parking an En-suite Master bedroom.

Offered for sale with no onward chain, this modern apartment would make the ideal first time buy and is located close to St. Helens center with its wealth of shops, restaurants and bars. There are also excellent commuter links to Liverpool & Manchester offered via the A580 East Lancs and M62 motorway.

The well-presented accommodation is accessed via the secure intercom communal entrance, and comprises of the entrance hall with storage, master bedroom with En-suite, second bedroom, the bathroom suite, and the open plan living / kitchen area featuring a Juliet balcony.

Externally the apartment benefits from covered allocated parking.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 30/03/2257

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Warrington

020 3834 8353

Next Steps?

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