2 Bed Terraced House, Refurb/BRRR, Prescot, L34 2SB, £70,000

34 COLUMBIAROAD, PRESCOT, L34 2SB - 5 views - 7 days ago

Refurb/BRRR
ROI: 7%
66 m²
+6 photos

ValuationFair Value

Sold Prices£58K - £180K
Sold Prices/m²£716/m² - £2.5K/m²

 

 

Square Metres

66 m²
Price/m²£1.1K/m²

Value Estimate

£70,000

 

 

End Value (After Refurb)

£104,226

Uplift in Value

+49%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Refurb Costs

£27,819

Bridging Loan Interest

£1,838

Total Cash In

£53,607

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£104,226

Mortgage (After Refinance)

£78,169

Mortgage LTV

75%

Cash Released

£25,669

Cash Left In

£27,938

Equity

£26,056

Rent Range

£550 - £1,200

Rent Estimate

£815

Running Costs/mo

£509

Cashflow/mo

£306

Cashflow/yr

£3,676

ROI

7%

Gross Yield

14%

Local Sold Prices

50 sold prices from £58K to £180K, average is £112.4K. £716/m² to £2.5K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£120K06/220.01 mi36, Columbia Road, Prescot, Merseyside L34 2SB2
£130K10/220.01 mi42, Columbia Road, Prescot, Merseyside L34 2SB2
£110K03/230.01 mi24, Columbia Road, Prescot, Merseyside L34 2SB2
£132K06/230.01 mi31, Columbia Road, Prescot, Merseyside L34 2SA2
£111K11/200.01 mi35, Columbia Road, Prescot, Merseyside L34 2SA2
£58K12/200.01 mi7, Columbia Road, Prescot, Merseyside L34 2SA2
£115K01/210.01 mi15, Columbia Road, Prescot, Merseyside L34 2SA2
£125K09/220.02 mi7, Columbia Road, Prescot, Merseyside L34 2SA2
£82K12/220.02 mi9, Albany Road, Prescot, Merseyside L34 2SD2
£90K05/210.02 mi57, Albany Road, Prescot, Merseyside L34 2SD2
£100K07/220.02 mi37, Albany Road, Prescot, Merseyside L34 2SD2
£125K11/200.03 mi11, Queens Road, Prescot, Merseyside L34 6JA2
£113.8K04/240.03 mi16, Queens Road, Prescot, Merseyside L34 6JA2
£115K08/230.03 mi9, Queens Road, Prescot, Merseyside L34 6JA2
£102.5K10/220.09 mi23, Duke Street, Prescot, Merseyside L34 6JD2
£117.5K01/240.09 mi14, Duke Street, Prescot, Merseyside L34 6JD2
£79.5K01/230.09 mi16, Duke Street, Prescot, Merseyside L34 6JD2
£110K05/230.09 mi18, Duke Street, Prescot, Merseyside L34 6JD2
£130K06/220.09 mi12, Cross Street, Prescot, Merseyside L34 6JG2
£150K09/220.11 mi49, Cross Street, Prescot, Merseyside L34 6JE2
£88K09/220.11 mi51, St James Road, Prescot, Merseyside L34 2SE2
£96K02/210.11 mi38, Pottery Fields, Prescot, Merseyside L34 5RL2
£87K10/200.11 mi14, Pottery Fields, Prescot, Merseyside L34 5RL2
£78.8K03/230.11 mi48, Pottery Fields, Prescot, Merseyside L34 5RL2
£75K11/200.12 mi9, Salisbury Street, Prescot, Merseyside L34 6JH2
£95K02/230.12 mi15, Salisbury Street, Prescot, Merseyside L34 6JH2
£95K06/210.13 mi1, New Cross Street, Prescot, Merseyside L34 6JP2
£128K01/230.14 mi9, New Cross Street, Prescot, Merseyside L34 6JP2
£105K05/210.14 mi7, Rowson Street, Prescot, Merseyside L34 6JL2
£122K04/240.15 mi24, St Helens Road, Prescot, Merseyside L34 6HR2
£115K01/230.16 mi18, Cyprus Street, Prescot, Merseyside L34 5RY2
£120K04/240.16 mi22, Cyprus Street, Prescot, Merseyside L34 5RY2
£180K11/220.17 mi11, Hawthorne Road, Prescot, Merseyside L34 2SY2
£85K04/210.17 mi11, St Helens Road, Prescot, Merseyside L34 6HN2
£100K11/220.17 mi1, St Helens Road, Prescot, Merseyside L34 6HN2
£135K07/220.19 mi24, Maryville Road, Prescot, Merseyside L34 2TA2
£124K03/230.19 mi30, Maryville Road, Prescot, Merseyside L34 2TA2
£160K01/230.19 mi79, St James Road, Prescot, Merseyside L34 2SF2
£145K02/210.19 mi9, Belvedere Close, Prescot, Merseyside L34 6LB2
£120K04/230.19 mi51, Bretherton Road, Prescot, Merseyside L34 2TB2
£90K01/210.19 mi32, St James Road, Prescot, Merseyside L34 5RW2
£105K10/220.19 mi24, St James Road, Prescot, Merseyside L34 5RW2
£115K07/220.19 mi21, Bretherton Road, Prescot, Merseyside L34 2TB2
£108K03/210.2 mi1, Seddons Court, Eccleston Lane Ends, Prescot, Merseyside L34 6JU2
£124.5K10/220.21 mi20, Evans Street, Prescot, Merseyside L34 6HU2
£135.5K11/220.21 mi16, Mines Avenue, Prescot, Merseyside L34 2TD2
£150K10/230.21 mi5, Mines Avenue, Prescot, Merseyside L34 2TD2
£91K01/210.21 mi17, Ward Street, Prescot, Merseyside L34 6JJ2
£110K01/240.21 mi19, Ward Street, Prescot, Merseyside L34 6JJ2
£99K03/210.22 mi40, Evans Street, Prescot, Merseyside L34 6HU2

Local Rents

44 rents from £550/mo to £1.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£55012/240.05 mi-2
£69012/240.08 mi-2
£80003/250.14 mi-2
£80004/250.14 mi-2
£70012/240.14 miRowson Street, Prescot, Merseyside, L342
£95012/240.16 mi-2
£62501/250.17 mi-2
£75003/240.17 mi-2
£65004/240.19 miEccleston Street, Prescot, Merseyside, L342
£80012/240.2 mi-2
£69512/240.22 mi-2
£85003/250.25 mi-2
£79504/240.26 mi-2
£79512/240.26 mi-2
£85012/240.26 mi-2
£75002/250.27 mi-2
£75012/240.27 mi-2
£75011/240.27 mi-2
£65005/240.31 miKemble Street, Prescot, Merseyside2
£79502/250.36 mi-2
£85012/240.36 mi-2
£77512/240.36 miPendleton Court, Speakman Way, Prescot, L342
£85004/240.38 mi-2
£85010/240.38 mi-2
£92504/240.38 miBridgefield Court, Prescot2
£94512/240.38 miBridgefield Court, Prescot2
£85012/240.39 miNew Road, Prescot, L342
£79501/240.39 mi-2
£79512/240.39 mi-2
£82503/250.39 mi-2
£79512/240.39 mi-2
£90005/240.39 miBridge Road, Prescot, Merseyside, L342
£84012/240.42 mi-2
£84012/240.42 miBroadlands, Prescot, L352
£1,20002/250.42 mi-2
£85012/240.42 miKenneth Close, Prescot, Merseyside, L342
£85012/240.42 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77512/240.42 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77504/240.42 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£85012/240.54 mi-2
£92003/250.59 mi-2
£85012/240.59 mi-2
£99010/240.59 mi-2
£95004/240.61 miPrescot Park, Prescot, L342

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £70,000

April 1, 2025

Floor Plans

Description

  • Two bedroom garden fronted terraced property +
  • Situated within walking distance to Prescot town centre +
  • Close to schools, shops and transport links +
  • Entrance vestibule, lounge with feature fireplace +
  • Dining Room and kitchen +
  • Ground floor shower room with separate wc +
  • Rear yard and small enclosed garden at the front +
  • In need of modernisation +
  • An early viewing is advised +

A two bedroom garden fronted mid terraced property situated within walking distance of Prescot town centre, transport links and local schools. In need of modernisation. The accommodation briefly comprises of lounge, dining room, kitchen and ground floor bathroom with separate wc. On the first floor are two bedrooms. Rear yard and permit parking at the front. We recommend an early viewing as we do not expect this property to be on the market long. EPC GRADE: E

Lounge - 3.89m x 3.53m (12'9 x 11'7) - UPVC double glazed window to the front aspect. Laminate wood effect flooring. Feature firepace housing a living flame gas fire on a marble inset and hearth. Central heating radiator. Picture rail

Dining Room - 3.89m x 2.97m (12'9 x 9'9) - UPVC double glazed window to the rear aspect. Stairs to the first floor accommodation. Laminate wood effect flooring. Central heating radiator.

Kitchen - 2.29m x 2.16m (7'6 x 7'1) - UPVC double glazed window to the side aspect and part glazed door. Fitted with wall and base unnits and a single bowl sink unit with mixer tap. Electric hob and oven. Plumbed for an automatic washing machine.

Shower Room - UPVC double glazed window to the side aspect. Ceramic tiled flooring. Fitted with a two piece suite comprising of a step in shower enclosure and a pedestal wash hand basin. Part tiled walls

Wc - Window to the rear aspect. Fitted with a low level wc. Part tiled walls.

Bedroom One - 3.89m x 3.53m (12'9 x 11'7) - UPVC double glazed window to the front aspect. Laminate wood effect flooring. Central heating radiator.

Bedroom Two - 3.02m x 3.00m (9'11 x 9'10) - UPVC double glazed window to the rear aspect, Laminate wood effect flooring.

External - The property has a rear yard with gate to the rear

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 💪