2 Bed Detached House, Planning Permission, Liverpool, L31 4EQ, £475,000

Southport Road, Lydiate, L31 4EQ - 1 views - 10 months ago

Planning
~68 m²
+25 photos

ValuationOvervalued

Sold Prices£127.5K - £265K
Sold Prices/m²£1.5K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7K/m²

Value Estimate

£195,354

 

 

End Value (After Refurb)

£348,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£28,709

Bridging Loan Interest

£12,469

Total Cash In

£188,378

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£348,750

Mortgage (After Refinance)

£261,563

Mortgage LTV

75%

Cash Left In

£188,378

Equity

£87,188

Rent Range

£615 - £3,000

Rent Estimate

£1,248

Running Costs/mo

£1,359

Cashflow/mo

£-111

Cashflow/yr

£-1,337

Gross Yield

3%

Local Sold Prices

23 sold prices from £127.5K to £265K, average is £205K. £1.5K/m² to £3.3K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£180K10/210.18 mi3, Birchfield Way, Lydiate, Liverpool, Merseyside L31 4DS2
£230K09/210.18 mi19, Birchfield Way, Lydiate, Liverpool, Merseyside L31 4DS2
£235K06/230.18 mi16, Birchfield Way, Lydiate, Liverpool, Merseyside L31 4DS2
£229.5K01/210.32 mi14, Pilling Lane, Lydiate, Liverpool, Merseyside L31 4HF2
£225K10/230.36 mi209, Southport Road, Lydiate, Liverpool, Merseyside L31 4DY2
£175K08/210.39 mi28, Cadwell Road, Lydiate, Liverpool, Merseyside L31 4JU2
£220K02/240.39 mi22, Cadwell Road, Lydiate, Liverpool, Merseyside L31 4JU2
£208K05/230.52 mi27, Roseland Close, Liverpool, Merseyside L31 4JG2
£177.5K06/230.54 mi10, The Fieldings, Liverpool, Merseyside L31 2PT2
£198.8K09/230.66 mi3, Marshalls Close, Lydiate, Liverpool, Merseyside L31 2JT2
£195K09/210.66 mi50, Marshalls Close, Lydiate, Liverpool, Merseyside L31 2JT2
£190K03/210.66 mi15, Marshalls Close, Lydiate, Liverpool, Merseyside L31 2JT2
£207K09/230.66 mi13, Marshalls Close, Lydiate, Liverpool, Merseyside L31 2JT2
£217.5K12/230.66 mi40, Marshalls Close, Lydiate, Liverpool, Merseyside L31 2JT2
£205K12/230.66 mi20, Marshalls Close, Lydiate, Liverpool, Merseyside L31 2JT2
£127.5K06/210.71 mi78, Southport Road, Lydiate, Liverpool, Merseyside L31 2JP2
£147.5K03/210.72 mi64a, Coppull Road, Lydiate, Liverpool, Merseyside L31 2LJ2
£215K08/230.76 mi32, Lambshear Lane, Liverpool, Merseyside L31 2LA2
£165K05/210.79 mi60, Southport Road, Lydiate, Liverpool, Merseyside L31 2HZ2
£208K01/240.79 mi50, Southport Road, Lydiate, Liverpool, Merseyside L31 2HZ2
£176K02/210.83 mi14, Nedens Grove, Liverpool, Merseyside L31 2LR2
£179.5K08/210.83 mi1, Nedens Grove, Liverpool, Merseyside L31 2LR2
£265K09/210.92 mi29, Liverpool Road, Lydiate, Liverpool, Merseyside L31 2LS2

Local Rents

50 rents from £615/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.13 miSouthport Road, Lydiate, Liverpool, L313
£1,45007/240.13 mi-3
£1,75012/240.19 miSouthport Road, Lydiate2
£1,07505/240.25 mi-3
£1,07512/240.25 miManion Close, Liverpool, L313
£1,07501/250.47 mi-3
£1,05012/240.49 mi-3
£1,15004/250.49 mi-3
£1,05012/240.53 miNursery Road, Lydiate3
£85012/240.54 miThe Fieldings, Maghull, L31 2PT2
£1,00004/240.66 miMarshalls Close, L31 2JT2
£95004/240.72 miSouthport Road, Lydiate, Liverpool, L31 2JN2
£1,45004/250.88 mi-4
£75004/240.92 miLiverpool Road, Lydiate, Liverpool, L31 2NA2
£80004/240.95 miAster Court, Lydiate, L31 2HD2
£72504/240.96 miLiverpool Road, Lydiate, Liverpool, L31 2NB2
£61512/241.04 miLiverpool Road North, Maghull1
£1,00012/241.05 miLiverpool Road, Lydiate, L312
£99503/231.07 mi-3
£1,10012/241.14 miCoronation Road, Lydiate, Liverpool, L31 0BY3
£1,14903/251.14 mi-3
£1,10005/241.18 miWithens Road, Maghull, L31 0BX3
£1,20012/241.18 miClent Avenue, Maghull, L31 0AY3
£92502/241.2 mi-2
£3,00012/231.24 mi-3
£2,75003/251.24 mi-3
£70009/231.33 mi-1
£75002/251.33 mi-1
£67512/241.35 miCentral Square, Maghull2
£1,35512/241.36 miWhitworth Close, Liverpool, L31 3FB2
£1,20004/241.36 miSilver Birch Way, Maghull, L31 4DU2
£1,02512/241.37 miEastbrook Vilage, Liverpool, L312
£1,31012/241.39 miEastbrooke Village, Maghull, L313
£1,25012/241.39 miEastbrooke VIllage, Maghull, L313
£1,49512/241.39 miEastbrooke VIllage, Maghull, L314
£1,22512/241.39 miEastbrook Vilage, Liverpool, L313
£1,10006/241.41 mi-3
£1,40003/251.42 mi-4
£1,20012/241.46 miKendal Drive, Maghull, L31 9AX3
£1,40012/241.47 miHawkshead Close, Maghull4
£1,50005/241.47 miMannor House Close, Liverpool, L314
£1,50004/241.47 mi-4
£2,50012/241.49 miBankhouse Drive, Maghull, L31 8BF4
£1,10004/241.61 miEastway, Maghull, L31 6BS4
£1,20004/241.63 miLune Avenue, Maghull, L31 9DX3
£90012/241.67 mi-1
£85002/251.67 mi-1
£1,19502/251.71 mi-4
£1,30012/241.73 miSefton Lane, Maghull, L31 8AE3
£1,00004/241.8 mi-3

Local Area Statistics

Population in L31

30,316

Population in Liverpool

675,519

Town centre distance

5.27 miles away

Nearest school

1.60 miles away

Nearest train station

1.94 miles away

 

 

Rental growth (12m)

+31%

Sales demand

Balanced market

Capital growth (5yrs)

+37%

Property History

Price changed to £475,000

September 4, 2024

Listed for £495,000

May 30, 2024

Floor Plans

Description

  • Impressive Detached Bungalow +
  • Two Bedrooms +
  • Circa 1095 Square Feet +
  • Modern Kitchen +
  • Recently Installed Bathroom +
  • Solar Panels +
  • Extensive Plot +
  • Wrap-Around Gardens +
  • Large Attached Garage +
  • Semi-Rural Location +

Situated on an extensive plot along the semi-rural Southport Road in Lydiate, Liverpool, Arnold & Phillips are pleased to bring to market an exciting opportunity to acquire this impressive two-bedroom detached true bungalow.

Offering a perfect blend of tranquility and convenience and close to a variety of local amenities and benefiting from excellent transport links, this property is ideally positioned for both relaxation and connectivity.

Approached via a large private driveway, the bungalow provides ample off-road parking for multiple vehicles. The property is surrounded by extensive gardens to both the front and rear, offering abundant potential for future extensions, subject to the necessary planning permissions.

Inside, the bungalow features two generously sized double bedrooms, both neutrally decorated and enjoying pleasant views of the surrounding area. The centrally located large main living room is bathed in natural light from a large picture bay window and is centred around a premium feature fireplace. This spacious room flows seamlessly into an equally well-proportioned dining room, perfect for entertaining.

The fitted family bathroom, recently installed, features a walk-in double shower, WC, and vanity wash hand basin, all finished in a stylish modern tiled design. The central kitchen is equipped with an array of modern wall, base, and tower units, integrated appliances, and stylish contrasting work surfaces. An adjoining utility room provides additional storage and functionality.

Completing the internal accommodation is a large, attached garage, adding to the property’s versatility. Externally, the extensive gardens wrap around the property, featuring a large patio terrace ideal for outdoor gatherings and relaxation.

With an air source heat pump, solar panels, double glazing throughout, and brimming with potential, this true bungalow offers a unique opportunity to create your dream home in a desirable semi-rural setting. Internal inspection is highly recommended to fully appreciate the scope and charm of this impressive property.

Tenure: We are advised by our client that the property is Freehold
Council Tax Band: D

Every care has been taken with the preparation of these property details but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. These property details do not constitute a contract or part of a contract. We are not qualified to verify tenure of property. Prospective purchasers should seek clarification from their solicitor or verify the tenure of this property for themselves by visiting mention of any appliances, fixtures or fittings does not imply they are in working order. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale. All dimensions are approximate.

Agent Details

Arnold & Phillips, Ormskirk

01695 317473

Next Steps?

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