4 Bed Terraced House, Refurb/BRRR, Liverpool, L7 0EF, £155,000

Needham Road, Liverpool, L7 0EF - 10 views - 9 months ago

Sold STC
Refurb/BRRR
~132 m²
+10 photos

ValuationUndervalued

Sold Prices£94K - £460K
Sold Prices/m²£638/m² - £2.3K/m²

 

 

Square Metres

~132 m²
Price/m²£1.2K/m²

Value Estimate

£189,200

 

 

End Value (After Refurb)

£209,777

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£55,963

Bridging Loan Interest

£4,069

Total Cash In

£107,432

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£209,777

Mortgage (After Refinance)

£157,332

Mortgage LTV

75%

Cash Released

£41,082

Cash Left In

£66,349

Equity

£52,444

Rent Range

£368 - £3,600

Rent Estimate

£854

Running Costs/mo

£846

Cashflow/mo

£8

Cashflow/yr

£92

ROI

0%

Gross Yield

7%

Local Sold Prices

50 sold prices from £94K to £460K, average is £169.5K. £638/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£155K01/230.06 mi12, Dell Street, Liverpool, Merseyside L7 2QA4
£170K06/210.08 mi93, Holt Road, Liverpool, Merseyside L7 2PN4
£170K06/210.08 mi93, Holt Road, Liverpool, Merseyside L7 2PN4
£200K09/230.1 mi35, Deane Road, Liverpool, Merseyside L7 0ES4
£215K03/210.1 mi43, Deane Road, Liverpool, Merseyside L7 0ES4
£210K10/230.16 mi57, Cotswold Street, Liverpool, Merseyside L7 2PY4
£160K12/220.16 mi18, Ling Street, Liverpool, Merseyside L7 2QF4
£180K03/230.16 mi49, Fell Street, Liverpool, Merseyside L7 2QB4
£125K01/230.22 mi3, Esher Road, Liverpool, Merseyside L6 6DE4
£230K11/220.35 mi18, John Lennon Drive, Liverpool, Merseyside L6 9HT4
£200K06/210.35 mi23, Jubilee Drive, Liverpool, Merseyside L7 8SJ4
£267.6K10/200.37 mi54, Onslow Road, Liverpool, Merseyside L6 3BB4
£145K10/200.37 mi136, Jubilee Drive, Liverpool, Merseyside L7 8SW4
£230K02/220.42 mi6, Grove Road, Liverpool, Merseyside L6 8NA4
£165K08/210.44 mi34, Connaught Road, Liverpool, Merseyside L7 8RP4
£201K02/210.44 mi113, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RE4
£166K06/210.45 mi55, Albert Edward Road, Liverpool, Merseyside L7 8RZ4
£94K02/210.45 mi13, Cambria Street, Liverpool, Merseyside L6 6AP4
£128K08/230.46 mi53, Laburnum Road, Liverpool, Merseyside L7 0HT4
£155K12/220.49 mi8, Rawlins Street, Liverpool, Merseyside L7 0JF4
£460K10/220.49 mi5, North View, Edge Hill, Liverpool, Merseyside L7 8TS4
£176.5K01/240.5 mi32, Holland Street, Liverpool, Merseyside L7 0JQ4
£360K09/220.5 mi25, Prospect Vale, Liverpool, Merseyside L6 8PE4
£145K12/220.5 mi16, Phythian Close, Liverpool, Merseyside L6 9JJ4
£355K12/220.51 mi3, Prospect Vale, Liverpool, Merseyside L6 8PE4
£135K01/210.51 mi140, Boaler Street, Liverpool, Merseyside L6 6AD4
£177K12/200.52 mi71, Elm Vale, Liverpool, Merseyside L6 8NY4
£200K11/220.52 mi47, Elm Vale, Liverpool, Merseyside L6 8NY4
£165K07/230.54 mi50, Edge Grove, Liverpool, Merseyside L7 0HW4
£165K05/240.54 mi52b, Edge Grove, Liverpool, Merseyside L7 0HW4
£162.5K05/230.54 mi22, Edge Grove, Liverpool, Merseyside L7 0HW4
£125K10/230.55 mi29, Freehold Street, Liverpool, Merseyside L7 0JH4
£150K12/220.55 mi48, Edge Grove, Liverpool, Merseyside L7 0HW4
£168K04/210.57 mi46, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RD4
£111K05/210.58 mi49, Hampstead Road, Liverpool, Merseyside L6 8NQ4
£162K07/210.58 mi73, Hampstead Road, Liverpool, Merseyside L6 8NQ4
£153K01/210.59 mi70, Hampstead Road, Liverpool, Merseyside L6 8NH4
£141K03/220.59 mi16a, Lorne Street, Liverpool, Merseyside L7 0JR4
£169K02/230.6 mi19, Hendon Road, Liverpool, Merseyside L6 8NS4
£190K09/200.61 mi41, Lorne Street, Liverpool, Merseyside L7 0JP4
£180K05/210.61 mi51, Lorne Street, Liverpool, Merseyside L7 0JP4
£215K11/220.63 mi70, Fairfield Crescent, Fairfield, Liverpool, Merseyside L6 8PJ4
£185K10/200.85 mi15, Danube Street, Liverpool, Merseyside L8 0QR4
£148K12/200.9 mi11, Edington Street, Liverpool, Merseyside L15 4NB4
£176K11/220.9 mi1, St Albans, Liverpool, Merseyside L6 5AP4
£155K02/230.92 mi131, Salisbury Road, Wavertree, Liverpool, Merseyside L15 2HU4
£172K10/200.92 mi122, Salisbury Road, Wavertree, Liverpool, Merseyside L15 2HU4
£203K11/220.92 mi127, Salisbury Road, Wavertree, Liverpool, Merseyside L15 2HU4
£240K09/220.94 mi44, Church Road, Stanley, Liverpool, Merseyside L13 2BA4
£160K03/210.94 mi50, Church Road, Stanley, Liverpool, Merseyside L13 2BA4

Local Rents

50 rents from £368/mo to £3.6K/mo, average is £520/mo.

RentDateDistanceAddressBeds 
£1,00005/240.04 miFrost street, Kensington, L7 0EL3
£39404/240.04 mi3 Dial Street6
£57204/240.04 miDial Street, Edge Hill, Liverpool5
£3,12012/240.05 mi-6
£1,23001/250.05 mi-4
£1,30004/240.05 mi-4
£1,40006/240.05 mi-4
£1,30004/240.05 miNeedham Road, Liverpool, L74
£1,40005/240.05 miNeedham Road, Liverpool, L74
£52005/240.05 miBradfield Steet, , 6
£52005/240.05 miBradfield Street, Edge Hill, Liverpool5
£52005/240.05 miBradfield Street, Kensington, Liverpool6
£52005/240.05 miBradfield Street, Kensington, Liverpool5
£47705/240.06 miRedgrave Street, Edge Hill, Liverpool6
£52005/240.06 miRedgrave Street, Edge Hill, Liverpool5
£90004/240.06 miRegrave Street, Liverpool, L73
£47705/240.06 miRedgrave Street, Edge Hill, Liverpool5
£56304/240.06 mi16 Deane Road, Liverpool, Merseyside, L76
£39405/240.06 mi40 Cameron Street*6
£49805/240.06 miCliff Street, Edge Hill5
£52905/240.06 miCliff Street, Edge Hill4
£49805/240.06 miStamford Street, Liverpool5
£49805/240.06 miStamford Street, Liverpool5
£39005/240.06 miRedgrave Street, Liverpool, 6
£47704/240.06 miNeedham Road, L7 0EQ, 3
£52004/240.06 miRedgrave Street, L7 0ED, 5
£47705/240.06 miRedgrave Street, , 6
£49805/240.06 miNeedham Road, , 4
£1,00005/240.07 miRedgrave Street, Liverpool, Merseyside, L74
£56304/240.07 miCameron Street, Liverpool, Kensington, L7 - Available 24/256
£49804/240.07 miWrenbury Street, L7 2PU, 3
£45505/240.07 miWrenbury Street, L7 2PU, 6
£3,60004/240.07 miCameron Street, Kensington4
£1,56005/240.07 miCameron St, Kensington3
£52005/240.07 miCameron Street, Liverpool5
£2,70007/240.08 mi-6
£2,70005/240.08 miToft Street Kensington, Liverpool, L76
£2,70008/240.08 mi-6
£2,70005/240.08 miToft Street, Liverpool, L76
£49804/240.08 miCameron Street, L7 0EN, 3
£36805/240.08 miCameron Street, L7 0EN, 3
£53305/240.08 miHolt Road, Edge Hill, Liverpool4
£43305/240.08 miStamford Street, L7 2PT, 6
£52005/240.08 miStamford Street, L7 2PT, 5
£50705/240.09 miFlat 2, 261, Edge Lane, Liverpool4
£52005/240.09 miBradfield Street, L7 0EP, 5
£49805/240.09 miHolt Road, L7 8XB, 3
£47705/240.09 miHolt Road, , 6
£58505/240.09 miHolt Road, , 9
£52005/240.09 miHolt Road, L7 2PR, 8

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.64 miles away

Nearest school

0.20 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

Price changed to £155,000

December 4, 2024

Listed for £190,000

July 2, 2024

Floor Plans

Description

  • No Chain +
  • End Victorian Terrace +
  • Two Reception Rooms +
  • Two Wet Rooms +
  • Four Bedrooms +
  • Large Kitchen +
  • Investment Opportunity +

The Property
Located on Needham Road in the desirable Kensington area of Liverpool, this property presents a unique opportunity for those seeking a home with potential for modernisation.

Upon entering, you are greeted by an inviting entrance hallway that sets the tone for the rest of the property. The spacious lounge offers a comfortable space for relaxation and entertainment, while the adjacent dining room provides a perfect setting for family meals and gatherings.

The highlight of the property is the large kitchen with some modernisation, this kitchen has the potential to become the heart of the home.

Additionally, the property features a downstair wet room on the ground floor, providing convenience and accessibility for residents and guests alike.

Moving to the first floor, you will find four bedrooms, three of which are generously sized doubles. This layout offers flexibility for families, guests, or those in need of a home office or hobby space. Another wet room on this floor adds practicality and comfort to the property.

Overall, this property on Needham Road presents a canvas for potential buyers to transform and customize according to their preferences and needs. With its spacious layout, multiple bedrooms, and convenient wet rooms, this property offers a solid foundation for creating a comfortable and functional living space in the vibrant Kensington neighborhood of Liverpool.

Don't miss out on the opportunity to make this property your own and unleash its full potential with your personal touch and vision. Contact us today to schedule a viewing and explore the possibilities that this property has to offer.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Liverpool

020 3907 2647

Next Steps?

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