ValuationUndervalued

Sold Prices	£299.9K - £1.2M
Sold Prices/m²	£1.4K/m² - £7.1K/m²

Square Metres	~188.80 m²
Price/m²	£2K/m²
Value Estimate	£412,819£412,819
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£122,450£122,450

Cash Out
Room Rate	£347£347
Gross Rent	£2,429
Running Costs/mo	£2,438£2,438
Cashflow/mo	£-9£-9
Cashflow/yr	£-113£-113
Gross Yield	8%8%

Local Sold Prices

9 sold prices from £299.9K to £1.2M, average is £860K. £1.4K/m² to £7.1K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£585K	07/24	0.38 mi	7, Rutland Avenue, Sefton Park, Liverpool L17 2AE	£2,191	267	7	Semi-Detached House
£420K	02/23	0.66 mi	1, Brompton Avenue, Sefton Park, Liverpool, Merseyside L17 3BT	£7,081	59	7	Semi-Detached House
£860K	06/21	1.42 mi	Carfax, St Michaels Church Road, Liverpool, Merseyside L17 7BD	£1,569	548	7	Detached House
£1.2M	05/21	1.81 mi	428, Allerton Road, Mossley Hill, Liverpool, Merseyside L18 3JU	-	-	7	Terraced House
£400K	06/21	2.13 mi	8, Strathmore Road, Liverpool, Merseyside L6 7UD	-	-	7	Semi-Detached House
£299.9K	03/22	2.21 mi	1, Belmont Drive, Liverpool, Merseyside L6 7UW	£1,370	219	7	Semi-Detached House
£1.2M	02/22	2.4 mi	37, North Road, Liverpool, Merseyside L19 0LP	£2,804	428	7	Detached House
£1.1M	08/22	2.51 mi	26, Salisbury Road, Garston, Liverpool, Merseyside L19 0PJ	-	-	7	Detached House
£900K	08/21	2.51 mi	12, Eaton Road, Cressington, Liverpool, Merseyside L19 0PW	-	-	7	Detached House

Local Area Statistics

Population in L15	30,01730,017
Population in Liverpool	675,519675,519
Town centre distance	5.08 miles away5.08 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1 miles away1 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-33%-33%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+38%+38%

Property History

Listed for £375,000

August 22, 2023

Floor Plans

Description

Attention Investors! +
Seven-bedroom HMO +
Currently let for £29,124 +
Gross yields of 7.2% +
NO CHAIN. +
Freehold. Council tax band: B. +

Attention Investors! Venmores Estate Agents are delighted to present to the sales market this seven-bedroom HMO on Borrowdale Road.

Located in the popular postcode of L15, the property benefits from a fantastic variety of amenities including shopping facilities, pubs, restaurants and excellent transport facilities.

The property is currently let for £29,124 per annum, offering a gross yield of 7.2%.

The property is available with no onward chain and briefly comprises; entrance vestibule and hall, two reception rooms, fully fitted kitchen, two double bedrooms and a three-piece shower room.

To the first floor are three double bedrooms, a three-piece bathroom and an additional WC. A further two double bedrooms can be found on the second floor. Externally the property benefits from a generous yard to the rear. Internal inspection comes highly recommended by the agent. NO CHAIN.