3 Bed Terraced House, Refurb/BRRR, Liverpool, L21 8HG, £70,000

42 Hornby Boulevard, Liverpool, Merseyside, L21 8HG - 11 views - 9 months ago

Sold STC
Leasehold
Auction
Refurb/BRRR
ROI: 9%
90 m²
+6 photos

ValuationUndervalued

Sold Prices£40K - £147K
Sold Prices/m²£540/m² - £1.7K/m²

 

 

Square Metres

90.40 m²
Price/m²£774/m²

Value Estimate

£76,500
BMV2%

 

 

End Value (After Refurb)

£87,484

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,450

Refurb Costs

£38,104

Bridging Loan Interest

£1,838

Total Cash In

£62,642

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£87,484

Mortgage (After Refinance)

£65,613

Mortgage LTV

75%

Cash Released

£13,113

Cash Left In

£49,529

Equity

£21,871

Rent Range

£625 - £2,745

Rent Estimate

£995

Running Costs/mo

£492

Cashflow/mo

£503

Cashflow/yr

£6,031

ROI

10%

Gross Yield

17%

Local Sold Prices

50 sold prices from £40K to £147K, average is £90K. £540/m² to £1.7K/m², average is £979/m².

PriceDateDistanceAddressBeds 
£90K08/230.03 mi20, Hornby Boulevard, Liverpool, Merseyside L21 8HG3
£73K05/210.12 mi95, Norton Street, Bootle, Merseyside L20 4PJ3
£52K11/210.12 mi69, Longfield Road, Liverpool, Merseyside L21 8LA3
£61K01/230.14 mi73, Chelsea Road, Litherland, Liverpool, Merseyside L21 8HH3
£68K01/240.14 mi14, Beechwood Road, Litherland, Liverpool, Merseyside L21 8JZ3
£96K12/220.2 mi27, Riddock Road, Liverpool, Merseyside L21 8HS3
£102K12/220.23 mi91, Muspratt Road, Liverpool, Merseyside L21 4NW3
£77.5K06/210.24 mi43, Muspratt Road, Liverpool, Merseyside L21 4NN3
£118K05/230.24 mi26, Croxteth Road, Bootle, Merseyside L20 5EA3
£115.5K10/200.25 mi7, Deepdale Avenue, Bootle, Merseyside L20 4NF3
£55K01/210.25 mi71, Percy Street, Bootle, Merseyside L20 4PG3
£75K11/200.25 mi65, Percy Street, Bootle, Merseyside L20 4PG3
£75K11/200.25 mi65, Percy Street, Bootle, Merseyside L20 4PG3
£113K03/230.25 mi36, Mildmay Road, Bootle, Merseyside L20 5EN3
£80K04/230.25 mi39, Bowden Street, Liverpool, Merseyside L21 8LL3
£75K06/210.25 mi28, Blisworth Street, Litherland, Liverpool, Merseyside L21 8JF3
£90K05/210.25 mi17, Towcester Street, Liverpool, Merseyside L21 8JG3
£91K09/210.25 mi11, Towcester Street, Liverpool, Merseyside L21 8JG3
£40K12/200.25 mi39, Towcester Street, Liverpool, Merseyside L21 8JG3
£85K11/210.25 mi12, Percy Street, Bootle, Merseyside L20 4PQ3
£70K12/200.26 mi27, Scott Street, Bootle, Merseyside L20 4PE3
£76.5K02/210.26 mi48, Cowper Street, Bootle, Merseyside L20 4RS3
£105K09/230.26 mi12, Hawarden Grove, Liverpool, Merseyside L21 3TS3
£67K10/210.27 mi37, Lander Road, Liverpool, Merseyside L21 8JB3
£120K06/230.27 mi61, Lander Road, Liverpool, Merseyside L21 8JB3
£94K11/210.27 mi73, Balfour Road, Bootle, Merseyside L20 4NY3
£80K04/210.28 mi46, Boswell Street, Bootle, Merseyside L20 4RP3
£77.5K12/220.28 mi19, Boswell Street, Bootle, Merseyside L20 4RP3
£95K12/200.28 mi59, Croxteth Road, Bootle, Merseyside L20 5EB3
£85K01/210.28 mi53, Croxteth Road, Bootle, Merseyside L20 5EB3
£90K11/210.3 mi1, Balfour Avenue, Bootle, Merseyside L20 4PB3
£90K05/210.3 mi8, Balfour Avenue, Bootle, Merseyside L20 4PB3
£115K01/240.3 mi157, Muspratt Road, Liverpool, Merseyside L21 4NP3
£85K08/210.3 mi163, Muspratt Road, Liverpool, Merseyside L21 4NP3
£95K09/230.3 mi159, Muspratt Road, Liverpool, Merseyside L21 4NP3
£120K11/200.3 mi10, Markfield Road, Bootle, Merseyside L20 5DU3
£130K02/230.31 mi1, Servia Road, Liverpool, Merseyside L21 8LZ3
£77K01/210.31 mi49, Croxteth Avenue, Liverpool, Merseyside L21 6NA3
£140K02/230.31 mi22, Eaton Avenue, Liverpool, Merseyside L21 6NQ3
£130K04/230.32 mi18, Oakland Close, Liverpool, Merseyside L21 8PS3
£97K02/210.32 mi9, Eaton Avenue, Liverpool, Merseyside L21 6NG3
£75K03/210.32 mi57, Eaton Avenue, Liverpool, Merseyside L21 6NG3
£104K05/230.32 mi28, Balfour Road, Bootle, Merseyside L20 4NZ3
£120K07/210.32 mi8, Ince Avenue, Litherland, Liverpool, Merseyside L21 6NL3
£147K03/230.33 mi15, Wood Street, Seaforth, Liverpool, Merseyside L21 8PH3
£75K10/200.33 mi1, Penrhyn Avenue, Liverpool, Merseyside L21 6ND3
£137.5K11/220.33 mi34, Croxteth Avenue, Liverpool, Merseyside L21 6NB3
£138K12/220.35 mi29, Cunard Road, Liverpool, Merseyside L21 8NA3
£130K10/220.36 mi22, Bellini Close, Liverpool, Merseyside L21 4PL3
£75K04/210.36 mi272, Litherland Road, Bootle, Merseyside L20 5EG3

Local Rents

50 rents from £625/mo to £2.7K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80005/240.06 miWarton Street, Bootle, Merseyside, L203
£82503/250.07 mi-3
£92502/250.08 mi-3
£62505/240.09 miMoore Street, Bootle3
£77505/240.1 miGray St, Bootle, L203
£77506/240.1 miGray St, Bootle, L203
£77505/240.1 mi-3
£80005/240.12 miNorton Street, Bootle, L203
£72504/240.12 miNorton Street, Bootle3
£65004/240.13 miChelsea Road, Liverpool3
£70005/240.13 miEliot Street, Bootle3
£75004/250.18 mi-3
£90004/240.18 miMaple Close, Bootle, Merseyside, L213
£92503/250.19 mi-3
£82503/250.2 mi-3
£85002/250.2 mi-3
£85010/240.24 mi-3
£82512/240.24 miMuspratt Road, L21 4NW3
£89504/240.24 miPercy Street, Bootle3
£82005/240.25 mi-3
£80005/240.25 mi-3
£87504/250.25 mi-3
£72512/240.26 miTowcester Street, Liverpool3
£65003/250.27 mi-3
£70004/240.27 miCowper Street, Bootle3
£75005/240.27 miCowper street, L203
£90004/240.29 miCroxteth Road, Bootle, L203
£75005/240.3 miBurns Street, Bootle, Liverpool, L203
£82502/240.31 mi-3
£86504/240.31 mi-3
£97512/240.31 mi-3
£79504/240.32 mi-3
£1,93504/240.33 mi-3
£2,74503/240.33 mi-3
£2,74503/240.33 mi-3
£2,74512/240.33 mi-3
£1,93512/240.33 mi-3
£1,93512/240.33 mi-3
£1,93503/250.33 mi-3
£79511/240.34 mi-3
£75003/250.34 mi-3
£80011/240.34 mi-3
£75003/250.34 mi-3
£97512/240.34 miCunard Road, L21 8NA, 3
£87504/240.35 mi-3
£75005/240.35 mi-3
£75012/240.35 mi-3
£75005/240.35 miSpenser Street, Liverpool, L203
£75005/240.35 miSpenser Street, Liverpool, L203
£80004/240.37 mi-3

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

1.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Price changed to £70,000

February 16, 2025

Listed for £75,000

June 24, 2024

Sold for £75,000

2011

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Mid Terrace Property +
  • Three Bedrooms +
  • Sold with a sitting tenant +
  • New Modern Kitchen +
  • Yard to the Rear +

Three Bedroom Mid Terrace Property for sale in need of slight modernisation. Spacious Entrance Hall and Landing-Three Bedrooms-Family Bathroom-Lounge-Dining Room-New modern Kitchen-Yard to the Rear-Popular Residential Area. Located in a quiet Road close to Train Station and good Public Transport great local shopping, Schools and all Amenities. 15 Minutes to City Centre. On Street Parking.

Approx Measurements

Master Bedroom 1 (4.45m-3.74m)

Bedroom 2 (4.1m-2.9m)

Bedroom 3 (2.8m-2.7m)

Lounge (4.1m-3.3m)

Dining Room (4.2m-3.4m)

Kitchen (4m-2.8m)

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 874
Annual Ground Rent Amount: £20.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪