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Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9 - Image 1
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Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9 - Image 3
Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9 - Image 4
Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9 - Image 5
Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9 - Image 6
Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9 - Image 7

Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9

North West

£80,000
Listed on 26/01/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
647 sqft

Description

This three-bedroom mid-terraced property presents a compelling opportunity for investors and first-time buyers interested in renovation projects. Situated in a convenient residential neighborhood, it boasts features that include off-road parking, a spacious living room, and a kitchen diner that opens up possibilities for modern updates. The upper level contains three bedrooms alongside a family bathroom, providing ample space for reconfiguration. The property's current condition allows for extensive refurbishment, making it an ideal candidate for those looking to enhance its value through strategic improvements. With local amenities and transport links nearby, this location not only offers day-to-day convenience but also potential for long-term appreciation. This home serves as a blank canvas awaiting personal touches and contemporary upgrades, perfect for anyone eager to invest time and creativity into crafting their dream space.

Investment Analysis

(WA9 area)

Below Market Value

This property is priced -36.0% below area average per sq ft

-36.0%
Potential saving
This Property
£124/sq ft
Area Average
£193/sq ft
Avg Rent (weekly)
£203
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£137,500
10% above area average per sq ft
Potential ROI
+14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (WA9)

Area prices are falling by +4.4% over the last 12 months
3 year growth: 8.4%
5 year growth: 22.0%
Investment Disclaimer: Analysis based on WA9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Melbourne Street, Thatto Heath, St. Helens, Merseyside, WA9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE