2 Bed Flat, Single Let, Saint Helens, WA9 2AZ, £78,950

12 Medway Court, St. Helens, WA9 2AZ - 2 months ago

Leasehold

BTL

ROI: 13%

59 m²

+7 photos

ValuationUndervalued

Sold Prices	£50K - £115K
Sold Prices/m²	£943/m² - £1.7K/m²

Square Metres	59 m²
Price/m²	£1.3K/m²
Value Estimate	£81,617£81,617
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£19,738£19,738
Stamp Duty & Legal Fees	£5,148£5,148
Total Cash In	£24,885£24,885

Cash Out
Rent Range	£625 - £2,128£625 - £2,128
Rent Estimate	£683
Running Costs/mo	£403£403
Cashflow/mo	£280£280
Cashflow/yr	£3,356£3,356
ROI	13%13%
Gross Yield	10%10%

Local Sold Prices

33 sold prices from £50K to £115K, average is £78K. £943/m² to £1.7K/m², average is £1.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£65K	01/21	0.47 mi	41, Breccia Gardens, St. Helens, Merseyside WA9 1SB	£1,032	63	2	Flat
£100K	10/22	0.47 mi	18, Breccia Gardens, St Helens, Merseyside WA9 1SB	£1,409	71	2	Flat
£67K	10/22	0.52 mi	33, Cygnet Gardens, St Helens, Merseyside WA9 1SE	£1,136	59	2	Flat
£60K	02/21	0.52 mi	27, Cygnet Gardens, St Helens, Merseyside WA9 1SE	£1,021	59	2	Flat
£72.2K	11/22	0.52 mi	10, Deerfield Close, St Helens, Merseyside WA9 1HJ	£1,289	56	2	Flat
£72.2K	11/22	0.52 mi	8, Deerfield Close, St Helens, Merseyside WA9 1HJ	£1,289	56	2	Flat
£58K	10/21	0.52 mi	55, Boardmans Lane, St Helens, Merseyside WA9 1HH	-	-	2	Flat
£72.2K	11/22	0.53 mi	4, Deerfield Close, St Helens, Merseyside WA9 1HJ	£1,289	56	2	Flat
£62K	10/20	0.54 mi	269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU	£1,242	50	2	Flat
£75K	08/22	0.54 mi	299, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU	£1,471	51	2	Flat
£62K	10/20	0.54 mi	269, Mount Pleasant Avenue, St. Helens, Merseyside WA9 2PU	£1,242	50	2	Flat
£85K	12/23	0.54 mi	287, Mount Pleasant Avenue, St Helens, Merseyside WA9 2PU	£1,604	53	2	Flat
£72K	11/23	0.59 mi	218, Newton Road, St Helens, Merseyside WA9 2JQ	£1,636	44	2	Flat
£101.5K	09/23	0.91 mi	2d, Carnegie Crescent, St Helens, Merseyside WA9 3LY	£1,452	70	2	Flat
£66.5K	05/22	1.11 mi	5, Waverly Court, St Helens, Merseyside WA9 3BT	£1,023	65	2	Flat
£96K	09/22	1.3 mi	21, New Bold Court, St Helens, Merseyside WA9 4TE	£1,352	71	2	Flat
£96K	04/21	1.3 mi	27, New Bold Court, St. Helens, Merseyside WA9 4TE	£1,387	69	2	Flat
£50K	08/22	1.37 mi	231, Lower Hall Street, St Helens, Merseyside WA10 1GF	£943	53	2	Flat
£78K	08/21	1.4 mi	102, Delph Hollow Way, St. Helens, Merseyside WA9 5GP	£1,393	56	2	Flat
£95K	11/22	1.4 mi	32, Delph Hollow Way, St Helens, Merseyside WA9 5GP	-	-	2	Flat
£95K	02/22	1.49 mi	28, The Rides, Haydock, St Helens, Merseyside WA11 0GQ	-	-	2	Flat
£76K	12/21	1.49 mi	24, The Rides, Haydock, St Helens, Merseyside WA11 0GQ	£1,134	67	2	Flat
£115K	07/21	1.89 mi	12, Piele Road, Haydock, St Helens, Merseyside WA11 0JY	£1,402	82	2	Flat
£83K	03/21	1.89 mi	44, Piele Road, Haydock, St Helens, Merseyside WA11 0JY	£1,383	60	2	Flat
£70K	05/21	1.89 mi	80, Piele Road, Haydock, St. Helens, Merseyside WA11 0JY	£1,169	60	2	Flat
£110K	09/23	1.89 mi	84, Piele Road, Haydock, St Helens, Merseyside WA11 0JY	£1,594	69	2	Flat
£76K	03/21	1.89 mi	82, Piele Road, Haydock, St. Helens, Merseyside WA11 0JY	£1,148	66	2	Flat
£86K	11/21	1.89 mi	46, Piele Road, Haydock, St Helens, Merseyside WA11 0JY	£1,483	58	2	Flat
£90K	07/23	1.89 mi	72, Piele Road, Haydock, St Helens, Merseyside WA11 0JY	-	-	2	Flat
£101K	09/22	1.92 mi	7, Cavan Drive, Haydock, St Helens, Merseyside WA11 0GN	£1,712	59	2	Flat
£100.5K	05/23	1.92 mi	5, Cavan Drive, Haydock, St Helens, Merseyside WA11 0GN	£1,703	59	2	Flat
£103.5K	02/24	1.92 mi	23, Cavan Drive, Haydock, St Helens, Merseyside WA11 0GN	£1,669	62	2	Flat
£81K	05/22	1.95 mi	43, Grasmere Avenue, St Helens, Merseyside WA11 9LX	£1,503	54	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£850	02/25	0.2 mi	-	2	Terraced House
£750	04/25	0.24 mi	-	2	Terraced House
£700	10/24	0.25 mi	Mendip Grove, St Helens, WA9	2	Flat
£750	02/25	0.25 mi	-	2	Terraced House
£700	03/25	0.25 mi	-	2	Terraced House
£685	12/24	0.28 mi	-	2	Terraced House
£700	10/24	0.29 mi	Broad Oak Road, St. Helens, WA9	2	Terraced House
£795	11/24	0.31 mi	-	2	Terraced House
£750	03/25	0.36 mi	-	2	Terraced House
£2,128	10/24	0.39 mi	-	2	Terraced House
£1,624	03/25	0.39 mi	-	2	Terraced House
£675	10/24	0.39 mi	-	2	Terraced House
£745	01/25	0.39 mi	-	2	Terraced House
£750	03/25	0.42 mi	-	2	Terraced House
£700	12/24	0.43 mi	-	2	Terraced House
£700	04/25	0.43 mi	-	2	Terraced House
£750	04/25	0.47 mi	-	2	Terraced House
£750	11/24	0.5 mi	-	2	Flat
£750	12/24	0.5 mi	-	2	Flat
£725	04/25	0.51 mi	-	2	Detached House
£725	05/24	0.54 mi	-	2	Flat
£700	12/24	0.56 mi	-	2	Terraced House
£625	10/24	0.59 mi	-	2	Terraced House
£650	11/24	0.6 mi	-	2	Terraced House
£695	11/24	0.61 mi	-	2	Terraced House

Local Area Statistics

Population in WA9	48,78648,786
Population in Saint Helens	127,858127,858
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.15 miles away1.15 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+41%+41%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+36%+36%

Property History

Listed for £78,950

February 18, 2025

Description

GROUND FLOOR APARTMENT +
TWO BEDROOMS +
VACANT POSSESSION +
OPEN PLAN +
SPOTLESS ACCOMMODATION +
SERV CHARGE APPROX £166 PCM +
GROUND RENT £218 PA +
IDEAL BUY TO LET +
ALLOCATED PARKING +
ALL ELECTRIC HEATING +

GROUND Floor APARTMENT. TWO Bedrooms. VACANT Possession. OPEN PLAN. SPOTLESS Accommodation. Service Charge approx £166 pcm. Ground Rent approx £218 pa. IDEAL Buy To Let. Allocated PARKING. All Electric Heating.

Halton Kelly are pleased to offer for purchase this Ground Floor two Bedroom Apartment which is spotless and ready to move into. All appliances are electric and briefly laid out as follows, Secure Entrance to the complex, Entrance Hallway with Storage Cupboard, Open Plan Kitchen/Lounge, two Bedrooms and Bathroom with Shower.

Outside is a designated parking space, with additional visitors parking spaces.

Please call the office for accompanied viewing arrangements.

Entrance Hallway - With Storage Cupboard and storage heater.

Open Plan Kitchen/Lounge - 6.83m x 4.75m (22'5 x 15'7) - Lounge area has electric storage heater, wall mounted electric fire and twin ceiling lights. The Kitchen is fitted with wall and base units, storage heater, integral electric hob and oven, space for larder style fridge/freezer and plumbing for washing machine.

Kitchen/Lounge Alternate View -

Bedroom One - 3.68m x 3.38m maximum (12'0" x 11'1" maximum) - Double Bedroom with storage heater.

Bedroom Two - 4.06m x 2.31m (13'4 x 7'7) - Large Single Bedroom with storage heater.

Bathroom - Three piece suite with Shower over Bath and Screen, stainless steel towel rail.

Agent Details

Halton Kelly, Warrington

01925 361689

Next Steps?

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

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