6 Bed HMO, Liverpool, L7 2PR, £370,000

Holt Road, Edge Hill, Liverpool, L7 2PR - 4 views - a year ago

HMO
Cash
ROI: 4%
~186 m²
+6 photos

ValuationOvervalued

Sold Prices£70K - £635K
Sold Prices/m²£476/m² - £2.9K/m²

 

 

Square Metres

~186 m²
Price/m²£2K/m²

Value Estimate

£252,050

 

 

End Value (After Refurb)

£321,589

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£92,500

Stamp Duty & Legal Fees

£18,300

Refurb Costs

£78,857

Bridging Loan Interest

£9,713

Total Cash In

£201,119

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£321,589

Mortgage (After Refinance)

£241,192

Mortgage LTV

75%

Cash Left In

£201,119

Equity

£80,397

Room Rate

£494

Gross Rent

£2,964

Running Costs/mo

£2,288

Cashflow/mo

£676

Cashflow/yr

£8,118

ROI

4%

Gross Yield

10%

Local Sold Prices

23 sold prices from £70K to £635K, average is £275K. £476/m² to £2.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£265K10/200.35 mi98, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RF6
£300K09/230.44 mi53, Hall Lane, Kensington, Liverpool, Merseyside L7 8TE6
£370K05/230.48 mi5, Balmoral Road, Fairfield, Liverpool, Merseyside L6 8NB6
£100K05/210.7 mi63, Lorne Street, Liverpool, Merseyside L7 0JP6
£142K11/220.74 mi22, Salisbury Road, Wavertree, Liverpool, Merseyside L15 1HN6
£70K12/200.83 mi18, Danube Street, Liverpool, Merseyside L8 0QR6
£70K12/200.83 mi18, Danube Street, Liverpool, Merseyside L8 0QR6
£110K03/210.91 mi2, Ellel Grove, Liverpool, Merseyside L6 4AB6
£162.5K02/211 mi103, Newsham Drive, Liverpool, Merseyside L6 7UH6
£130K02/211.06 mi22, Portman Road, Liverpool, Merseyside L15 2HJ6
£354K04/231.17 mi91, Hartington Road, Toxteth, Liverpool, Merseyside L8 0SE6
£231K11/211.22 mi70, Fern Grove, Liverpool, Merseyside L8 0RZ6
£231K11/211.22 mi70, Fern Grove, Liverpool, Merseyside L8 0RZ6
£635K07/221.23 mi37, Bentley Road, Liverpool, Merseyside L8 0SY6
£475K05/221.23 mi19, Bentley Road, Liverpool, Merseyside L8 0SY6
£275K10/211.3 mi24, Marlborough Road, Tuebrook, Liverpool, Merseyside L13 8AX6
£480.5K04/211.35 mi22, Lancaster Avenue, Sefton Park, Liverpool, Merseyside L17 3AZ6
£340K06/211.4 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£340K06/211.4 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£610K03/231.41 mi5, South Drive, Wavertree, Liverpool, Merseyside L15 8JJ6
£325K04/231.42 mi39, Gresford Avenue, Wavertree, Liverpool, Merseyside L17 2AN6
£250K03/231.45 mi11, Sandringham Road, Tuebrook, Liverpool, Merseyside L13 8BX6
£485K12/201.96 mi9, Pelham Grove, Liverpool, Merseyside L17 8XD6

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £370,000

April 24, 2024

Floor Plans

Description

  • INVESTEMENT OPPORTUNITY +
  • SIX BED, SIX BATH HMO +
  • OPEN PLAN KITCHEN/LIVING/DINING AREA +
  • RECNELTY REFURBISHED +
  • GREAT LOCATION +
  • CASH BUYERS ONLY +

SIX BED HMO SITUATED IN A FANTASTIC LOCATION CLOSE TO TRANSPORT LINKS INTO UNIVERSITIES, HOSPITALS AND CITY CENTRE. THE PROPERTY HAS RECENTLY UNDERGONE A FULL RENOVATION TO CREATE THIS OUTSTANDING PRODUCT.  

ENTRANCE HALL  

LIVING ROOM/KITCHEN 22' 7" x 12' 1" (6.9m x 3.7m)  

BEDROOM ONE 13' 1" x 8' 2" (4m x 2.5m)  

ENSUITE  

FIRST FLOOR  

BEDROOM TWO 12' 5" x 12' 1" (3.8m x 3.7m)  

ENSUITE  

BEDROOM THREE 7' 10" x 12' 9" (2.4m x 3.9m)  

ENSUITE  

BEDROOM FOUR 9' 6" x 8' 10" (2.9m x 2.7m)  

OFF SUITE  

SECOND FLOOR  

BEDROOM FIVE 12' 1" x 12' 5" (3.7m x 3.8m)  

ENSUITE  

BEDROOM SIX 12' 9" x 12' 1" (3.9m x 3.7m)  

ENSUITE

Agent Details

MCR Move, Manchester

0161 248 6277

Next Steps?

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