3 Bed Semi-Detached House, Refurb/BRRR, Prescot, L35 7JD, £250,000

24 Scotchbarn Lane, Prescot, Merseyside, L35 7JD - 4 views - 2 months ago

Sold STC
Refurb/BRRR
125 m²
+11 photos

ValuationFair Value

Sold Prices£105K - £297.5K
Sold Prices/m²£1.2K/m² - £3.2K/m²

 

 

Square Metres

125 m²
Price/m²£2K/m²

Value Estimate

£252,500

 

 

End Value (After Refurb)

£256,250

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£52,688

Bridging Loan Interest

£6,563

Total Cash In

£132,201

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£256,250

Mortgage (After Refinance)

£192,188

Mortgage LTV

75%

Cash Released

£4,688

Cash Left In

£127,513

Equity

£64,063

Rent Range

£800 - £1,500

Rent Estimate

£1,031

Running Costs/mo

£1,027

Cashflow/mo

£4

Cashflow/yr

£48

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £105K to £297.5K, average is £195K. £1.2K/m² to £3.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£210K06/210.04 mi129, Scotchbarn Lane, Prescot, Merseyside L35 7JA3
£156K04/210.04 mi133, Scotchbarn Lane, Prescot, Merseyside L35 7JA3
£180K07/210.07 mi15, Sinclair Close, Prescot, Merseyside L35 7LD3
£233K06/210.08 mi70, Sinclair Avenue, Prescot, Merseyside L35 7LW3
£180K11/230.08 mi58, Sinclair Avenue, Prescot, Merseyside L35 7LW3
£175K05/210.09 mi59, Vining Road, Prescot, Merseyside L35 7LQ3
£146.8K08/240.09 mi31, Gilbert Road, Whiston, Prescot, Merseyside L35 5AG3
£257.5K08/230.1 mi34, Sinclair Avenue, Prescot, Merseyside L35 7LN3
£170K11/230.11 mi93, Sinclair Avenue, Prescot, Merseyside L35 7LL3
£205K08/230.12 mi29, Ford Road, Prescot, Merseyside L35 7LF3
£169.9K09/210.14 mi5, Edward Road, Whiston, Prescot, Merseyside L35 5AH3
£246K08/230.16 mi1, Mcvinnie Road, Prescot, Merseyside L35 7LA3
£145K01/230.16 mi87, Bretherton Road, Prescot, Merseyside L34 2TE3
£159.5K02/230.16 mi75, Bretherton Road, Prescot, Merseyside L34 2TE3
£130.5K10/230.16 mi83, Bretherton Road, Prescot, Merseyside L34 2TE3
£257K09/230.17 mi14, Sundale Avenue, Prescot, Merseyside L35 7JY3
£142.5K02/240.18 mi44, Bretherton Road, Prescot, Merseyside L34 2TF3
£150K12/200.18 mi151, Warrington Road, Prescot, Merseyside L35 5AD3
£246.5K01/240.19 mi12, Vining Road, Prescot, Merseyside L35 7LG3
£258K12/230.19 mi11, Time Park, Whiston, Prescot, Merseyside L35 7NU3
£210K04/230.2 mi15, Coniston Avenue, Prescot, Merseyside L34 2SW3
£232.5K07/240.2 mi174, Warrington Road, Whiston, Prescot, Merseyside L35 2UA3
£240K05/210.2 mi208, Warrington Road, Whiston, Prescot, Merseyside L35 2UA3
£230K05/240.2 mi32, Sundale Avenue, Prescot, Merseyside L35 7JZ3
£155K08/210.2 mi17, Sutherland Road, Prescot, Merseyside L34 2TU3
£182.2K03/230.2 mi11, Sutherland Road, Prescot, Merseyside L34 2TU3
£105K12/230.21 mi179, Warrington Road, Whiston, Prescot, Merseyside L35 5AF3
£215K10/210.21 mi3, Grasmere Avenue, Prescot, Merseyside L34 2SR3
£175K07/210.21 mi29, Grasmere Avenue, Prescot, Merseyside L34 2SR3
£212K07/230.21 mi8, Grasmere Avenue, Prescot, Merseyside L34 2SR3
£115K04/210.22 mi61, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£150K08/220.22 mi59, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£297.5K03/230.24 mi8, Alder Close, Prescot, Merseyside L34 2SN3
£255K02/230.24 mi25, Derwent Avenue, Prescot, Merseyside L34 2ST3
£225K12/220.24 mi32, Derwent Avenue, Prescot, Merseyside L34 2ST3
£225K11/230.24 mi10, Derwent Avenue, Prescot, Merseyside L34 2ST3
£140K03/210.26 mi28, Mines Avenue, Prescot, Merseyside L34 2TD3
£124.2K11/210.26 mi31, Bretherton Road, Prescot, Merseyside L34 2TB3
£165K12/200.26 mi36, Broadlands, Prescot, Merseyside L35 5JA3
£217K10/210.26 mi5, Broadlands, Prescot, Merseyside L35 5JA3
£185K09/230.26 mi39, Broadlands, Prescot, Merseyside L35 5JA3
£135K04/210.26 mi53, Poplar Grove, Prescot, Merseyside L35 5AY3
£225K10/210.26 mi15, Poplar Grove, Prescot, Merseyside L35 5AY3
£183.6K04/230.27 mi8, Laurel Road, Prescot, Merseyside L34 2SU3
£210K01/210.27 mi4, Maple Grove, Prescot, Merseyside L35 5BB3
£158K09/230.27 mi26, Poplar Grove, Prescot, Merseyside L35 5AZ3
£250K03/240.28 mi7, Alder Road, Prescot, Merseyside L34 2SG3
£225K09/230.28 mi2, Watling Way, Whiston, Prescot, Merseyside L35 7NG3
£225K04/210.29 mi4, Honeybourne Drive, Whiston, Prescot, Merseyside L35 7ND3
£290K07/220.29 mi33, Watling Way, Whiston, Prescot, Merseyside L35 7NF3

Local Rents

26 rents from £800/mo to £1.5K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,20005/240.06 miSinclair Avenue, Prescot3
£1,20005/240.06 miSinclair Avenue, Prescot3
£1,20012/240.06 miSinclair Avenue, Prescot, Merseyside3
£1,00004/240.24 miBrook Street, Whiston, Merseyside3
£1,00012/240.25 miCliftonville, Prescot3
£90012/240.26 miSteward Court, Prescot, Merseyside, L353
£92004/240.29 miAsh Grove, Prescot, L353
£1,00003/240.3 mi-3
£92006/240.3 mi-3
£90011/240.32 mi-3
£1,50003/250.35 mi-3
£1,25012/240.4 miLayton Way, Prescot, L343
£90001/250.42 mi-3
£90003/250.42 mi-3
£1,25002/240.44 miSt. James Road, Eccleston Park, Prescot, L343
£1,29503/250.44 mi-3
£85012/240.46 mi-3
£85002/250.46 mi-3
£85002/250.46 mi-3
£95012/240.48 miStation Road Boulevard, Prescot, L343
£80004/240.53 miCross Street, Prescot, Merseyside, L343
£85003/250.55 mi-3
£87503/250.56 mi-3
£1,10012/240.56 mi-3
£1,10012/240.56 mi-3
£1,00003/250.61 mi-3

Local Area Statistics

Population in L35

30,730

Population in Prescot

43,001

Town centre distance

0.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £250,000

February 4, 2025

Floor Plans

Description

  • Three bedroom double fronted semi detached +
  • Situated in a sought after location +
  • Close to Whiston Hospital, shops and schools +
  • Entrance hall, lounge and sitting room +
  • Dining kitchen, downstairs cloaks and utility +
  • Family bathroom with a four piece suite +
  • Gardens to the front, side and rear +
  • Driveway and double detached garage +

A three bedroom, double fronted semi detached property situated in a sought after location. Close to Whiston Hospital, local shops, excellent local schools and transport routes. In need of some updating but with the potential to make a lovely family home. The spacious accommodation briefly comprises of entrance hall, sitting room, lounge with feature fireplace, dining kitchen with built in appliances, downstairs cloaks and utility room. On the first floor are three double bedrooms and a study. The family bathroom has a four piece suite. There are gardens to the front, side and rear with a driveway at the side and a double garage.We recommend an early viewing. EPC GRADE: D

Entrance Hall
Part glazed front door. Central heating radiator. Understairs storage cupboard. Stairs to the first floor accommodation. Coved ceiling.

Sitting Room 14'7 x 11'9
UPVC double glazed window to the front aspect. Feature marble fireplace housing a living flame gas fire on a marble hearth. Central heating radiator. Fitted for wall lights. Coved ceiling.

Lounge 15'7 x 11'9
UPVC double glazed window to the rear aspect. Central heating radiator. Feature marble fireplace housing a living flame gas fire on a marble hearth. Picture rail. Fitted for wall lights. Coved ceiling.

Dining Kitchen 18'4 x 11'6 max
UPVC double glazed windows to the rear and side aspects. Wooden flooring. Central heating radiator. Fitted with a range of wall and base units comprising of cupboards, drawers and work surfaces and incorporating a 1 1/2 bowl sink unit with mixer tap. Integral appliances include a gas hob, electric oven and extractor hood. Plumbed for a dishwasher. Tiled splashbacks. Coved ceiling.

Cloaks
Window to the side aspect. Tiled floor. Fitted with a two piece suite comprising of a wash hand basin and a low level wc. Part tiled walls.

Utility 11'5 x 5'4
Fitted with base units. Plumbed for an automatic washing machine. Part glazed door to the garden.

Landing
UPVC

Agent Details

Brooks Estate and Letting Agents Ltd, Prescot

0151 453 2142

Next Steps?

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