2 Bed Flat, Single Let, Warrington, WA4 1PQ, £110,000

Ashfield Gardens, Warrington, Cheshire, WA4 1PQ - 2 views - 22 days ago

Leasehold

BTL

ROI: 7%

~68 m²

+12 photos

ValuationUndervalued

Sold Prices	£84K - £211K
Sold Prices/m²	£1.3K/m² - £3K/m²

Square Metres	~68.11 m²
Price/m²	£1.6K/m²
Value Estimate	£132,255£132,255
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£4,500£4,500
Total Cash In	£32,000£32,000

Cash Out
Rent Range	£600 - £1,040£600 - £1,040
Rent Estimate	£699
Running Costs/mo	£504£504
Cashflow/mo	£195£195
Cashflow/yr	£2,345£2,345
ROI	7%7%
Gross Yield	8%8%

Local Sold Prices

29 sold prices from £84K to £211K, average is £127.5K. £1.3K/m² to £3K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£107K	11/22	0 mi	41, Ashfield Gardens, Warrington WA4 1PQ	-	-	2	Flat
£127.5K	07/23	0.4 mi	2, Moorside, Warrington WA4 1RN	-	-	2	Flat
£116K	11/20	0.4 mi	39, Moorside, Warrington WA4 1RN	£1,706	68	2	Flat
£110K	11/21	0.4 mi	50, Moorside, Warrington WA4 1RN	£1,957	56	2	Flat
£90.5K	12/20	0.4 mi	17, Moorside, Warrington WA4 1RN	£1,560	58	2	Flat
£120K	09/23	0.4 mi	3, Moorside, Warrington WA4 1RN	£1,765	68	2	Flat
£208K	02/23	0.41 mi	2, Glastonbury Mews, Stockton Heath, Warrington WA4 2YA	£2,633	79	2	Flat
£160K	10/20	0.42 mi	14, Glastonbury Mews, Stockton Heath, Warrington WA4 2YA	£1,538	104	2	Flat
£211K	06/23	0.42 mi	5, Glastonbury Mews, Stockton Heath, Warrington WA4 2YA	£2,110	100	2	Flat
£187K	05/23	0.42 mi	7, Glastonbury Mews, Stockton Heath, Warrington WA4 2YA	-	-	2	Flat
£95K	12/22	0.51 mi	38, Woolacombe Close, Latchford, Warrington WA4 2RU	£1,745	54	2	Flat
£115K	04/21	0.52 mi	43, Woolacombe Close, Latchford, Warrington WA4 2RU	£2,170	53	2	Flat
£120K	09/21	0.53 mi	Apartment 8, The Locks, Thelwall New Road, Grappenhall, Warrington WA4 2GS	-	-	2	Flat
£140K	03/23	0.53 mi	Apartment 7, The Locks, Thelwall New Road, Grappenhall, Warrington WA4 2GS	-	-	2	Flat
£149.9K	11/22	0.53 mi	Apartment 4, The Locks, Thelwall New Road, Grappenhall, Warrington WA4 2GS	-	-	2	Flat
£114.8K	05/21	0.53 mi	Apartment 11, The Locks, Thelwall New Road, Grappenhall, Warrington WA4 2GS	-	-	2	Flat
£108.5K	03/21	0.59 mi	428, Knutsford Road, Latchford, Warrington WA4 1DU	£1,323	82	2	Flat
£117.5K	04/21	0.61 mi	10, Gilbert Drive, Warrington WA4 1TF	£1,926	61	2	Flat
£90K	06/21	0.82 mi	73, Riverside Close, Warrington WA1 2JD	£1,837	49	2	Flat
£84K	07/23	0.82 mi	45, Riverside Close, Warrington WA1 2JD	£1,615	52	2	Flat
£200K	10/22	0.83 mi	Flat 24, Bartholomew Court, Bradshaw Lane, Grappenhall, Warrington WA4 2JW	-	-	2	Flat
£195K	11/21	0.83 mi	Flat 3, Bartholomew Court, Bradshaw Lane, Grappenhall, Warrington WA4 2JW	-	-	2	Flat
£160K	11/22	0.97 mi	16, Tresham Drive, Grappenhall, Warrington WA4 3DU	£2,396	67	2	Flat
£185K	04/23	0.99 mi	5, Bourchier Way, Warrington WA4 3DW	£2,403	77	2	Flat
£155K	04/21	0.99 mi	8, Bourchier Way, Warrington WA4 3DW	£2,672	58	2	Flat
£157K	12/20	0.99 mi	10, Bourchier Way, Warrington WA4 3DW	£2,855	55	2	Flat
£175K	08/23	0.99 mi	8, Bourchier Way, Warrington WA4 3DW	£3,017	58	2	Flat
£170K	04/24	0.99 mi	11, Bourchier Way, Warrington WA4 3DW	£2,881	59	2	Flat
£99K	05/22	1 mi	21, St Elphins Close, Warrington WA1 2ET	£1,338	74	2	Flat

Local Rents

16 rents from £600/mo to £1K/mo, average is £800/mo.

Rent	Date	Distance	Address	Beds	Type
£800	10/24	0 mi	Ashfield Gardens, Warrington, Cheshire, WA4	2	Flat
£800	10/24	0.09 mi	Victoria Gardens; Latchford; WA4	2	Flat
£700	10/24	0.12 mi	Grammar School Road, Warrington	2	Terraced House
£850	10/24	0.12 mi	Grammar School Road	2	Flat
£800	10/24	0.14 mi	-	2	Terraced House
£799	10/24	0.2 mi	Clearwater Quays, Warrington, WA4	2	Flat
£850	12/24	0.21 mi	-	2	Flat
£600	01/25	0.24 mi	-	2	Flat
£799	10/24	0.25 mi	Clearwater Quays, Williams Wharf, Latchford, Warrington, WA4	2	Flat
£1,040	10/24	0.26 mi	Station Road, Warrington, Cheshire, WA4	2	Flat
£925	11/24	0.32 mi	-	2	Flat
£900	02/25	0.32 mi	-	2	Flat
£750	10/24	0.34 mi	Cantilever Gardens	2	Flat
£875	12/23	0.35 mi	-	2	Flat
£695	10/24	0.4 mi	Moorside, Warrington, Cheshire, WA4	2	Flat
£850	02/24	0.41 mi	-	2	Terraced House

Local Area Statistics

Population in WA4	46,99746,997
Population in Warrington	215,344215,344
Town centre distance	1.53 miles away1.53 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.46 miles away1.46 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+28%+28%

Property History

Listed for £110,000

February 21, 2025

Floor Plans

Description

Two Bedroom Apartment +
Ground Floor +
Great Location +
One Reception Room +
No Onward Chain +
Investment Opportunity +

Brought to the market with the benefit of no onward chain, this well presented, two bedroom, ground floor. Located in a highly convenient area close to Warrington Town Centre which boasts an array of excellent shops, bars and restaurants and also offers amazing commuter links to the M56, M6 and M62 motorways, Manchester and Liverpool Airports. There are two train stations in Warrington and also excellent bus routes. In brief, the accommodation comprises; entrance hall with storage cupboard, lounge, lovely open plan kitchen diner, two bedrooms, and a family bathroom. Externally there are communal gardens, allocated parking space and further visitor parking spaces.

Agent Details

Bridgfords, Stockton Heath

01925 931606

Next Steps?

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

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