4 Bed Terraced House, Refurb/BRRR, Wallasey, CH44 5UP, £150,000

Greenheys Road, Wallasey, CH44 5UP - 2 views - a year ago

Sold STC
Refurb/BRRR
ROI: 4%
~118 m²
+24 photos

ValuationUndervalued

Sold Prices£98K - £350K
Sold Prices/m²£930/m² - £2.9K/m²

 

 

Square Metres

~117.99 m²
Price/m²£1.3K/m²

Value Estimate

£153,648
BMV2%

 

 

End Value (After Refurb)

£177,633

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£49,742

Bridging Loan Interest

£3,938

Total Cash In

£102,129

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£177,633

Mortgage (After Refinance)

£133,225

Mortgage LTV

75%

Cash Released

£20,725

Cash Left In

£81,404

Equity

£44,408

Rent Range

£625 - £3,400

Rent Estimate

£1,186

Running Costs/mo

£812

Cashflow/mo

£374

Cashflow/yr

£4,484

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £98K to £350K, average is £169.4K. £930/m² to £2.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£160K01/210.06 mi26, Parkfield Drive, Wallasey, Merseyside CH44 5UW4
£150K05/230.06 mi24, Parkfield Drive, Wallasey, Merseyside CH44 5UW4
£187K10/210.07 mi5, Parkfield Drive, Wallasey, Merseyside CH44 5UN4
£165K12/200.23 mi66, Annesley Road, Wallasey, Merseyside CH44 9DB4
£240K02/230.23 mi9, Pendennis Road, Wallasey, Merseyside CH44 9BX4
£180K02/230.23 mi71, Deveraux Drive, Wallasey, Merseyside CH44 4DQ4
£199.9K06/210.24 mi58, Rullerton Road, Wallasey, Merseyside CH44 5XQ4
£160K09/210.24 mi38, Rullerton Road, Wallasey, Merseyside CH44 5XQ4
£171K06/210.26 mi25, Central Park Avenue, Wallasey, Merseyside CH44 0AG4
£157K08/210.26 mi3, Central Park Avenue, Wallasey, Merseyside CH44 0AG4
£320K11/220.27 mi2, Eric Road, Wallasey, Merseyside CH44 5RQ4
£235K04/210.29 mi18, Marlowe Road, Wallasey, Merseyside CH44 3DF4
£167K05/230.29 mi12, Barnwell Avenue, Wallasey, Merseyside CH44 1AA4
£350K09/210.3 mi33, Belgrave Street, Wallasey, Merseyside CH44 1BP4
£133K03/230.3 mi33, Annesley Road, Wallasey, Merseyside CH44 9DA4
£250K11/220.31 mi4, Hawarden Avenue, Wallasey, Merseyside CH44 0AW4
£300K02/230.32 mi7, Silverbeech Road, Wallasey, Merseyside CH44 9BT4
£168.9K12/220.34 mi148, Mill Lane, Wallasey, Merseyside CH44 3BN4
£155K12/200.34 mi41, Manor Road, Wallasey, Merseyside CH45 4JA4
£162.5K05/210.35 mi1, Annesley Road, Wallasey, Merseyside CH44 9BZ4
£162K05/210.35 mi39, Manor Road, Wallasey, Merseyside CH45 4JA4
£237K11/200.37 mi2, Pelham Road, Wallasey, Merseyside CH44 3AD4
£185K12/220.37 mi415, Poulton Road, Wallasey, Merseyside CH44 4DF4
£153K01/230.38 mi21, Trinity Road, Wallasey, Merseyside CH44 1BD4
£145K02/210.38 mi19, Trinity Road, Wallasey, Merseyside CH44 1BD4
£193K02/210.39 mi24, Rosebery Avenue, Wallasey, Merseyside CH44 0BE4
£175K03/210.39 mi3, Ingleby Road, Wallasey, Merseyside CH44 3AJ4
£98K04/210.4 mi71, Hampstead Road, Wallasey, Merseyside CH44 9BJ4
£145K05/210.4 mi15, Seaview Avenue, Wallasey, Merseyside CH45 4RA4
£145K06/210.42 mi21, Chepstow Avenue, Wallasey, Merseyside CH44 0BA4
£173.1K10/210.42 mi33, Station Road, Wallasey, Merseyside CH44 3AG4
£155K03/210.42 mi29, Station Road, Wallasey, Merseyside CH44 3AG4
£180K03/230.43 mi7, Bristol Avenue, Wallasey, Merseyside CH44 0BB4
£135K11/210.43 mi8, Parkside, Wallasey, Merseyside CH44 9AJ4
£220K01/210.43 mi20, Crescent Road, Wallasey, Merseyside CH44 0BQ4
£265K01/230.43 mi1, Colville Road, Wallasey, Merseyside CH44 2AS4
£150K12/200.44 mi29, Upper Rice Lane, Wallasey, Merseyside CH44 1DP4
£115K10/200.44 mi2, Brompton Avenue, Wallasey, Merseyside CH44 0BD4
£240K06/210.45 mi36, Burns Avenue, Wallasey, Merseyside CH45 4RD4
£320K09/220.46 mi2, Monmouth Road, Wallasey, Merseyside CH44 3EA4
£135K04/210.46 mi1, Wesley Avenue, Wallasey, Merseyside CH44 1DL4
£164K12/200.46 mi33, Rake Lane, Wallasey, Merseyside CH45 5DD4
£154.9K12/200.46 mi40, Rivington Road, Wallasey, Merseyside CH44 9AW4
£145K04/210.46 mi42, Rivington Road, Wallasey, Merseyside CH44 9AW4
£170K03/210.47 mi137, Wallasey Road, Wallasey, Merseyside CH44 2AB4
£178.5K06/210.47 mi28, Belvidere Road, Wallasey, Merseyside CH45 4RY4
£117.5K03/210.47 mi15, Rivington Road, Wallasey, Merseyside CH44 9AN4
£195K07/230.48 mi23, Edinburgh Road, Wallasey, Merseyside CH45 4LR4
£235K04/210.49 mi30, Cliff Road, Wallasey, Merseyside CH44 3AY4
£188K02/230.5 mi71, Withens Lane, Wallasey, Merseyside CH45 7NE4

Local Rents

51 rents from £625/mo to £3.4K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£62503/240.05 miParkfield Drive, Wallasey3
£89504/240.09 miLeominster Road, Wallasey3
£89505/240.09 miLeominster Road, Wallasey3
£75004/240.15 miSt Marys Street Wallasey3
£1,97002/240.17 mi-4
£1,97003/240.17 mi-4
£1,97504/250.17 mi-4
£1,96011/240.17 mi-4
£1,97504/250.18 mi-4
£89503/240.22 miPark Street, Wallasey3
£67504/250.23 mi-3
£72501/240.3 mi-3
£80009/240.32 mi-3
£95003/240.33 miGrosvenor Street, Wallasey3
£71012/230.35 mi-3
£65001/250.37 mi-3
£89503/240.38 miTrinity Road, Wallasey, CH444
£1,99504/240.4 mi-4
£1,99503/240.4 mi-4
£2,25009/240.4 mi-4
£75004/240.41 miBishop Road Wallasey Wirral3
£80003/240.43 miHazeldene Avenue, Wallasey3
£79504/240.43 miHazeldene Avenue, Wallasey3
£72503/240.45 miMarlowe Road, Wallasey3
£72505/240.45 miMarlowe Road, Wallasey3
£79503/240.45 miMerecroft Avenue, Wallasey, Wirral3
£87501/250.45 mi-3
£80012/240.45 mi-4
£99504/240.46 miCliff Road, Wallasey, Wirral3
£97512/240.47 mi-4
£89503/240.48 miPark Road, Wallasey4
£71504/240.49 mi-3
£71504/240.49 miRivington Road, Wallasey, CH443
£71504/240.49 miRivington Road, Wallasey, CH443
£69505/240.49 miCharlotte Road, Wallasey3
£69512/240.49 miCharlotte Road, Wallasey3
£65005/240.5 miLiscard Road, Wallasey3
£75003/240.5 miExeter Road, Wallasey3
£99503/250.51 mi-3
£90012/240.51 mi-3
£2,29505/240.51 mi-4
£2,29504/240.51 mi-4
£2,29504/240.51 mi-4
£2,40012/240.51 mi-4
£2,80002/250.51 mi-4
£2,80004/250.51 mi-4
£3,40003/250.52 mi-5
£3,40004/250.52 mi-5
£80003/240.53 miRycroft Road, WALLASEY3
£75001/240.53 mi-3
£75005/240.54 mi-3

Local Area Statistics

Population in CH44

29,995

Population in Wallasey

60,790

Town centre distance

0.62 miles away

Nearest school

0.10 miles away

Nearest train station

1.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+48%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £150,000

March 6, 2024

Floor Plans

Description

  • Four Bed Mid Row +
  • Sold With No Chain +
  • Great Views Across Central Park +
  • EPC Rating D +
  • Council Tax Band C +

Offering great views across Central Park! Although in need of modernisation this four bedroom mid row home has plenty of potential and many beautiful original features throughout. Being sold with no chain and having partial gas central heating with a modern combi boiler installed; this property could make a fantastic home with a family to make memories in for years to come. Situated just a short walk into Liscard where there are plenty of services and amenities including supermarkets, post office and good local schooling. Close to regular bus routes direct to New Brighton, Birkenhead and Liverpool, plus only a short drive to the Kingsway Liverpool tunnel and M53 motorway. Interior: vestibule, hallway, living room, sitting room and dining kitchen on the ground floor. Off the first floor landing there are the four bedrooms and bathroom. Complete with partial gas central heating system. Exterior: delightful sunny rear garden. Viewing is highly recommended! Entrance and Vestibule Approached across the front garden towards the part glazed hardwood door which opens into the vestibule, having original tiled flooring, dado rail, picture rail and coving. An inner original part glazed door with surrounding glazing opens into the hallway. Hallway Coving, picture rail and dado rail. Central heating radiator and handy understairs cloaks area. Doors into: Living Room - 4.39m x 4.44m (14'5" x 14'7") Original bay window to the front aspect with views of the park. Coving, picture rail and central heating radiator. Sitting Room - 3.68m x 3.96m (12'1" x 13'0") Window to the rear aspect, central heating radiator and electric fire. Television point, coving and picture rail. Dining Kitchen - 4.47m x 3.33m (14'8" x 10'11") Window to the rear and side elevations and door opening into the garden. Handy storage in alcoves, a range of base units with sink and double drainer, and cooker point. Central heating radiator, pulled maid with clothes line and bench seating. Landing Staircase leading up to the spacious first floor split level landing with storage cupboards and loft access hatch. Doors off to; Bedroom - 4.32m x 3.94m (14'2" x 12'11") Original bay window to front elevation with pleasant views across Central Park. Picture rail and ceiling coving. Bedroom Two - 3.68m x 4.06m (12'1" x 13'4") Window to the rear aspect with view of the park and picture rail, coving and central heating radiator. Original cast iron fireplace and storage in alcove. Bedroom Three - 3.38m x 2.82m (11'1" x 9'3") Window to the rear aspect with view of the park. Wall mounted combi boiler, original cast iron fireplace and storage in alcove. Bedroom Four - 2.82m x 1.85m (9'3" x 6'1") Window to the front aspect with view of the park and picture rail. Bathroom Frosted window to side elevation. Original part tiled walls. Suite comprising bath, WC and wash basin. Exterior Enjoy the afternoon sun in this rear garden space having lawned area with shrub borders; great to relax in and enjoy barbecues with family and friends. Multiple brick built outhouses and rear access gate. Location Greenheys Road is a cul-de-sac off Parkfield Drive which can be found off Mill Lane, approx. 0.7 miles driving distance from our Liscard office. Property Misdescriptions Act 1991. For clarification, Harper & Woods Estate Agents wish to inform prospective purchasers that we have not tested any of the appliances or the heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings. Any mention of appliances, equipment, fixtures, fittings or services unless specifically stated are not included in the sale of the property. We cannot verify that these are fit for purpose or in full working order, as they have not been tested by ourselves. You are advised to gain specialist independent reports if you have any hesitations. Measurements, areas and distances provided are an approximate only. They are for general guidance and should not be relied upon for furnishings, flooring or any other outspend. The chosen photographs only illustrate perspectives of the properties interior and exterior as they appeared at the time they were taken. Our particulars for each property are created as a general outline only for the guidance of prospective buyers. Any information is given without responsibility on our part and we recommended that our information is verified by yourself. We endeavour to ensure that the information on our website is accurate and reliable however information about a property is liable to be changed at any time.

Agent Details

Harper & Woods, Wallasey

0151 453 8854

Next Steps?

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