4 Bed Detached House, Refurb/BRRR, Liverpool, L19 0PW, £600,000

Eaton Road, Cressington, Liverpool., L19 0PW - 1 views - 9 months ago

Sold STC
Refurb/BRRR
~253 m²
+17 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£106,738

Bridging Loan Interest

£15,750

Total Cash In

£310,938

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£643,820

Mortgage (After Refinance)

£482,865

Mortgage LTV

75%

Cash Released

£32,865

Cash Left In

£278,073

Equity

£160,955

Rent Range

£750 - £2,000

Rent Estimate

£1,098

Running Costs/mo

£2,252

Cashflow/mo

£-1,154

Cashflow/yr

£-13,842

Gross Yield

2%













Local Rents

26 rents from £750/mo to £2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,35004/240.33 miSwansea Close, L194
£1,35005/240.33 miIpswich Close, Liverpool, Merseyside, L193
£1,35005/240.34 miIpswich Close, Garston, Liverpool, Merseyside, L19 2HP3
£99504/240.34 miFletcher Drive,Aigburth,Liverpool,L193
£1,00011/240.35 mi-4
£75003/250.37 mi-3
£75006/240.37 miSt Marys Road, Garston3
£1,10005/240.4 miSouthampton Drive, Liverpool, L193
£2,00001/240.4 mi-3
£1,50003/250.44 mi-3
£1,10005/240.45 miTeignmouth Close, Liverpool3
£1,00004/250.47 mi-3
£1,00003/240.49 mi-3
£80001/240.52 mi-3
£1,50004/240.52 miFairacre Road, Liverpool, Merseyside, L193
£90007/240.54 miLentworth Court, LIVERPOOL3
£95004/240.55 miStormont Road, Liverpool, Merseyside, L193
£1,40004/240.56 mi-4
£89505/240.58 miSt. Marys Road, Liverpool, Merseyside, L194
£89510/230.58 miSt. Marys Road, Liverpool, Merseyside, L193
£85010/230.58 miSt. Marys Road,Garston,Liverpool,L193
£80005/240.59 miBelper Street, L19 1RQ4
£87501/240.6 mi-3
£1,10005/240.6 miCalthorpe Street, Allerton, L193
£1,10001/240.6 mi-3
£1,30011/240.61 mi-3

Local Area Statistics

Population in L19

23,769

Population in Liverpool

675,519

Town centre distance

7.55 miles away

Nearest school

0.40 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £600,000

July 1, 2024

Floor Plans

Description

  • A Spacious Detached Property +
  • Situated In A Prestigious & Desirable Location +
  • Accommodation Over Two Floors +
  • Reception Hall +
  • Spacious Living Room & Sitting Room +
  • Kitchen & Boiler Room +
  • Ground Floor WC & Rear Porch +
  • Four Bedrooms To First Floor +
  • En-Suite To Principal Bedroom +
  • Family Bathroom & Separate WC +

The property is bright, spacious and set out over two floors, briefly comprising; hallway leading into a spacious living room, study, sitting room and well proportioned dining kitchen with rear porch and boiler room. To the first floor, there is a landing serving four bedrooms in addition to a family bathroom and separate WC. The main bedroom enjoys an en-suite facility.

The gardens that surround the property are well proportioned, established, mature and offer areas of lawn surrounded by borders offering a wide variety of colourful flowers, trees and shrubs. To the front there is a driveway for off road parking which leads to a spacious garage. To property requires some modernisation and improvement which has been reflected in the sensible guide price.

Cressington Park is a designated conservation area adjoining the River Mersey and is served by many local amenities including shopping on Aigburth Road in addition to public transport services including road and rail, with the Park itself boasting its own railway station.

There is popular schooling within the area covering all age ranges. Access is available to many other amenity areas including those at Booker Avenue, Aigburth Vale, Woolton, Allerton Road, Speke and Garston which provide local and superstore shopping in addition to nearby Mersey Retail Park.

There are a number of sporting clubs within the area including nearby Liverpool Cricket Club, Mossley Hill Athletics Club and the Leisure Centre at Long Lane. Open space and recreational amenities can be enjoyed at nearby Sudley House, Long Lane, Otterspool Promenade and Park in addition to the popular Sefton Park with its beautiful lake and palm house. Wonderful views can be found on clear days of the Wirral Peninsular, River Mersey and Welsh Hills from Otterspool Promenade which also offers charming riverside and woodland walks.

Council Tax Band: F
Tenure: Freehold

Agent Details

Find Your Eden Limited, Liverpool

0151 312 8288

Next Steps?

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