3 Bed Terraced House, Refurb/BRRR, Liverpool, L18 1JD, £245,000

7 Newborough Avenue, Liverpool, Merseyside, L18 1JD - 3 views - 9 months ago

Sold STC
Refurb/BRRR
ROI: 1%
97 m²
+14 photos

ValuationOvervalued

Sold Prices£127.4K - £322.5K
Sold Prices/m²£1.4K/m² - £3.3K/m²

 

 

Square Metres

97 m²
Price/m²£2.5K/m²

Value Estimate

£229,438

 

 

End Value (After Refurb)

£238,146

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£41,015

Bridging Loan Interest

£6,431

Total Cash In

£119,147

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£238,146

Mortgage (After Refinance)

£178,610

Mortgage LTV

75%

Cash Left In

£119,147

Equity

£59,537

Rent Range

£412 - £2,100

Rent Estimate

£1,130

Running Costs/mo

£990

Cashflow/mo

£140

Cashflow/yr

£1,678

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £127.4K to £322.5K, average is £232.8K. £1.4K/m² to £3.3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£230K11/200.02 mi7, Arlington Avenue, Liverpool, Merseyside L18 1JA3
£277.5K11/220.02 mi2, Arlington Avenue, Liverpool, Merseyside L18 1JA3
£194.5K06/210.07 mi25, Nicander Road, Mossley Hill, Liverpool, Merseyside L18 1HU3
£275K05/230.09 mi109, Nicander Road, Liverpool, Merseyside L18 1HX3
£230K12/200.1 mi14, Hollybank Road, Liverpool, Merseyside L18 1HP3
£215K01/230.1 mi11, Hollybank Road, Liverpool, Merseyside L18 1HP3
£250K06/210.11 mi29, Stalbridge Avenue, Liverpool, Merseyside L18 1HA3
£245K01/230.11 mi10, Hollybank Road, Liverpool, Merseyside L18 1HP3
£210.1K10/210.12 mi36, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DR3
£246.5K09/210.12 mi28, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DR3
£230K07/210.14 mi18, Streatham Avenue, Mossley Hill, Liverpool, Merseyside L18 1JG3
£267K05/230.15 mi37, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DL3
£245K11/220.15 mi48, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DS3
£127.4K03/210.15 mi12, Zetland Road, Liverpool, Merseyside L18 1HF3
£156K12/220.15 mi31, Alverstone Road, Mossley Hill, Liverpool, Merseyside L18 1HB3
£170K11/200.16 mi7, Weardale Road, Liverpool, Merseyside L15 5AU3
£285K04/210.16 mi28, Norbury Avenue, Liverpool, Merseyside L18 1JQ3
£322.5K03/230.16 mi17, Norbury Avenue, Liverpool, Merseyside L18 1JQ3
£263.3K09/210.17 mi36, Karslake Road, Liverpool, Merseyside L18 1EZ3
£300K06/210.17 mi8, Karslake Road, Liverpool, Merseyside L18 1EZ3
£190K02/210.17 mi59, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DP3
£260K07/210.17 mi41, Karslake Road, Liverpool, Merseyside L18 1EY3
£232.5K04/230.17 mi9, Karslake Road, Liverpool, Merseyside L18 1EY3
£255K01/210.17 mi7, Karslake Road, Liverpool, Merseyside L18 1EY3
£287.5K01/210.17 mi53, Karslake Road, Liverpool, Merseyside L18 1EY3
£245K12/200.19 mi94, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DS3
£270K04/230.19 mi80, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DS3
£222.5K11/210.19 mi118, Garmoyle Road, Wavertree, Liverpool, Merseyside L15 5AD3
£182.5K02/230.2 mi3, Deepfield Road, Liverpool, Merseyside L15 5BX3
£188.5K05/210.21 mi111, Crawford Avenue, Mossley Hill, Liverpool, Merseyside L18 1DP3
£244K02/210.21 mi53, Russell Road, Mossley Hill, Liverpool, Merseyside L18 1DZ3
£181.3K04/210.22 mi3, Airdale Road, Liverpool, Merseyside L15 5AR3
£260K05/210.23 mi89, Russell Road, Mossley Hill, Liverpool, Merseyside L18 1DZ3
£317.5K01/230.23 mi54, Ramilies Road, Liverpool, Merseyside L18 1EF3
£188K02/210.24 mi1, Winchfield Road, Liverpool, Merseyside L15 5BU3
£200K01/210.24 mi10, Winchfield Road, Liverpool, Merseyside L15 5BU3
£180K03/210.24 mi11, Foxdale Road, Wavertree, Liverpool, Merseyside L15 5AL3
£230K03/210.25 mi54, Dudley Road, Mossley Hill, Liverpool, Merseyside L18 1ET3
£233K12/200.25 mi19, Ramilies Road, Liverpool, Merseyside L18 1EE3
£293.2K07/230.25 mi49, Ramilies Road, Liverpool, Merseyside L18 1EE3
£295K12/220.25 mi47, Ramilies Road, Liverpool, Merseyside L18 1EE3
£208.5K06/210.27 mi36, Dudley Road, Mossley Hill, Liverpool, Merseyside L18 1ET3
£240K06/210.27 mi7, Briardale Road, Liverpool, Merseyside L18 1DA3
£200K07/210.27 mi53, Briardale Road, Mossley Hill, Liverpool, Merseyside L18 1DA3
£245K07/230.27 mi7, Briardale Road, Liverpool, Merseyside L18 1DA3
£195K01/210.27 mi48, Briardale Road, Mossley Hill, Liverpool, Merseyside L18 1DB3
£250K12/220.27 mi26, Briardale Road, Liverpool, Merseyside L18 1DB3
£175K10/200.28 mi77, Lidderdale Road, Liverpool, Merseyside L15 3JQ3
£171K02/210.28 mi67, Lidderdale Road, Liverpool, Merseyside L15 3JQ3
£220K01/210.28 mi28, Brierfield Road, Liverpool, Merseyside L15 5BS3

Local Rents

50 rents from £412/mo to £2.1K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20003/250.01 mi-3
£1,15004/240.11 miStreatham Avenue, Allerton, Liverpool, L18 1JG3
£1,76002/250.13 mi-3
£1,15004/240.14 mi-3
£1,10012/240.15 mi-3
£1,20005/240.17 miBelhaven Road, Mossley Hill, Liverpool, Merseyside, L18 1HH3
£1,40012/240.17 miKarslake Road, LIVERPOOL3
£1,27805/240.18 miSmithdown Road, Liverpool, L153
£41205/240.18 miSmithdown Road, Liverpool, L153
£42505/240.2 miRamilies Road, Liverpool, L183
£99505/240.21 miDeepfield Road, Wavertree, L153
£1,15004/250.22 mi-3
£1,80003/250.23 mi-3
£1,00006/240.24 mi-3
£99512/240.25 mi-3
£1,20004/240.25 miRamilies Road, Liverpool, L183
£1,20012/240.27 mi-3
£95005/240.28 miBrierfield Road, Liverpool, L15 5BS3
£1,35012/240.3 mi-3
£92504/240.3 mi-3
£97512/240.3 mi-3
£1,10005/240.31 mi41 Brookdale Road3
£99504/240.32 miFreshfield Road, Wavertree, Liverpool, L153
£97505/240.33 miFallowfield Road, Wavertree, Liverpool3
£1,40005/240.34 mi-3
£1,40005/240.34 miBarndale Road, Liverpool, L183
£95005/240.35 miBrookdale Road, L15 3JF, 3
£1,05012/240.35 mi-3
£1,25012/240.36 mi-3
£1,25003/250.36 mi-3
£1,50012/240.36 mi-3
£1,10005/240.37 miIvydale Road, Liverpool3
£1,20007/240.37 miHawarden Avenue, LIVERPOOL3
£1,20004/240.37 miBarndale Road, Liverpool, Merseyside, L183
£92505/240.38 miBrookdale Road, Liverpool3
£1,15012/240.39 mi-3
£1,30008/240.4 mi-3
£1,30012/240.42 mi-3
£1,20001/250.42 mi-3
£1,20003/250.44 mi-3
£1,20001/240.44 mi-3
£1,50005/240.44 miHerondale Road, L183
£1,00012/240.45 mi-3
£95004/240.47 miBeechdale Road, Mossley Hill, Liverpool, L18 5EL3
£2,10011/210.47 miIbbotsons Lane, Liverpool, L173
£1,15009/240.5 mi-3
£99507/240.51 miBethel Grove, Sefton Park, Liverpool, L17 2BJ3
£95008/240.51 miBethel Grove, Aigburth, L173
£1,25007/230.51 mi-3
£85009/240.51 miBethel Grove, Liverpool3

Local Area Statistics

Population in L18

26,898

Population in Liverpool

675,519

Town centre distance

5.33 miles away

Nearest school

0.10 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Price changed to £245,000

December 4, 2024

Price changed to £250,000

September 25, 2024

Listed for £260,000

July 15, 2024

Sold for £59,950

2001

Floor Plans

Description

  • Beautiful terraced home +
  • Sought after L18 location +
  • Cosmetic work required +
  • Three bedrooms +
  • Two living rooms +
  • Kitchen +
  • Family bathroom +
  • Yard +
  • EPC Rating D +
  • Council tax band B +

It is a pleasure to introduce to the market this beautiful looking terraced home in a highly sought after Mossley Hill location. The interior is in need of some cosmetic work but the house itself is filled with charm and character.

Upon entry there is a welcoming entrance hall leading to the front living room which is a great size with large bay window bringing in lots of natural light. At the rear is another great-sized reception room and next door is the kitchen which has access to the back yard.

Upstairs there are two large double bedrooms and another great-sized third bedroom. There is also two bathrooms, one with bath and sink and the other with a toilet and walk-in shower.

To the front there is on-street parking and to the rear is a yard with seating area.

The property also benefits from gas central heating and uPVC double glazing.

Tenure - Freehold
EPC Rating D
Council tax band B

Property & Services information

Mobile Coverage: 4G coverage is available in the area - please check with your provider.
Broadband Availability: Ultrafast broadband (FTTC) is available in the area

Utilities: mains gas, electricity and mains water connected.

Agent Details

The Property Experts, Leamington Spa

01926 895653

Next Steps?

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