3 Bed Terraced House, Refurb/BRRR, Liverpool, L36 2QT, £120,000

Newby Drive, Liverpool, L36 2QT - 4 views - 9 months ago

Refurb/BRRR
ROI: 4%
~82 m²
+14 photos

ValuationUndervalued

Sold Prices£68K - £320K
Sold Prices/m²£1.2K/m² - £2.7K/m²

 

 

Square Metres

~82.13 m²
Price/m²£1.5K/m²

Value Estimate

£133,700
BMV3%

 

 

End Value (After Refurb)

£150,665

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£34,728

Bridging Loan Interest

£3,150

Total Cash In

£74,728

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£150,665

Mortgage (After Refinance)

£112,999

Mortgage LTV

75%

Cash Released

£22,999

Cash Left In

£51,729

Equity

£37,666

Rent Range

£765 - £1,300

Rent Estimate

£961

Running Costs/mo

£683

Cashflow/mo

£278

Cashflow/yr

£3,336

ROI

4%

Gross Yield

10%

Local Sold Prices

50 sold prices from £68K to £320K, average is £149.5K. £1.2K/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£165K01/230.07 mi53, Church Road, Roby, Liverpool, Merseyside L36 9TN3
£145K05/230.08 mi19, Elmswood Grove, Liverpool, Merseyside L36 2QS3
£112K08/210.12 mi27, Spinney Way, Liverpool, Merseyside L36 4PG3
£320K01/210.14 mi85, Twig Lane, Liverpool, Merseyside L36 2LG3
£105K04/210.16 mi42, Stanhope Drive, Liverpool, Merseyside L36 4LN3
£115K05/210.18 mi5, Craigwood Way, Liverpool, Merseyside L36 4PN3
£146.5K03/230.18 mi37, Crosswood Crescent, Liverpool, Merseyside L36 2QE3
£289K01/210.19 mi46, Church Road, Roby, Liverpool, Merseyside L36 9TP3
£119K04/210.19 mi5, Woodlands Road, Huyton, Liverpool, Merseyside L36 4LG3
£130K11/200.19 mi23, Woodlands Road, Huyton, Liverpool, Merseyside L36 4LG3
£165K06/230.22 mi146, Jeffereys Crescent, Liverpool, Merseyside L36 4JU3
£200K02/230.23 mi111, Jeffereys Crescent, Liverpool, Merseyside L36 4JS3
£239.9K04/230.23 mi79, Jeffereys Crescent, Liverpool, Merseyside L36 4JS3
£135K02/230.23 mi107, Jeffereys Crescent, Liverpool, Merseyside L36 4JS3
£150K10/210.23 mi119, Jeffereys Crescent, Liverpool, Merseyside L36 4JS3
£149.9K12/200.23 mi131, Jeffereys Crescent, Liverpool, Merseyside L36 4JS3
£180K10/210.24 mi90, Ashbourne Crescent, Liverpool, Merseyside L36 4JW3
£171K12/220.25 mi127, Dinas Lane, Liverpool, Merseyside L36 2NW3
£180K11/200.26 mi3, Hawthorn Road, Huyton, Liverpool, Merseyside L36 9TS3
£134.9K04/230.26 mi166, Gentwood Road, Liverpool, Merseyside L36 2QP3
£89K01/210.27 mi115, Lincombe Road, Liverpool, Merseyside L36 2LW3
£100K06/210.27 mi42, Lincombe Road, Liverpool, Merseyside L36 2LR3
£148K02/230.27 mi126, Crosswood Crescent, Liverpool, Merseyside L36 2QQ3
£104K02/210.28 mi124, Lincombe Road, Liverpool, Merseyside L36 2LS3
£125K04/210.28 mi128, Gentwood Road, Liverpool, Merseyside L36 2QW3
£115K07/230.28 mi122, Gentwood Road, Liverpool, Merseyside L36 2QW3
£126K12/220.29 mi108, Woolfall Crescent, Liverpool, Merseyside L36 2NF3
£68K06/230.3 mi56, Gentwood Road, Liverpool, Merseyside L36 2QN3
£110K05/230.3 mi4, Cotsford Road, Liverpool, Merseyside L36 2LB3
£140K11/210.31 mi26, Beldon Crescent, Liverpool, Merseyside L36 4LR3
£149K12/200.31 mi1, Beldon Crescent, Liverpool, Merseyside L36 4LR3
£210K11/200.34 mi46, Larch Road, Liverpool, Merseyside L36 9TZ3
£130K02/210.34 mi16, Kingsway, Huyton, Liverpool, Merseyside L36 2PP3
£95K02/210.35 mi292, Liverpool Road, Huyton, Liverpool, Merseyside L36 3RL3
£210K01/230.36 mi29, Bedburn Drive, Liverpool, Merseyside L36 4NL3
£160K05/230.36 mi137, Kingsway, Huyton, Liverpool, Merseyside L36 2PL3
£240K11/210.36 mi46, Windsor Road, Huyton, Liverpool, Merseyside L36 4NJ3
£117.5K12/200.37 mi15, Easton Road, Liverpool, Merseyside L36 4NY3
£218K06/230.37 mi4, Ashbourne Crescent, Liverpool, Merseyside L36 4JN3
£130K04/210.38 mi69, Kingsway, Huyton, Liverpool, Merseyside L36 2PJ3
£162K12/220.38 mi51, Kingsway, Huyton, Liverpool, Merseyside L36 2PJ3
£165K12/220.38 mi5, Jeffereys Crescent, Liverpool, Merseyside L36 4JR3
£210.5K09/210.38 mi3, Merton Crescent, Liverpool, Merseyside L36 4LD3
£179.9K06/210.38 mi5, Merton Crescent, Liverpool, Merseyside L36 4LD3
£157.5K01/230.39 mi86, Rupert Road, Liverpool, Merseyside L36 9TG3
£195K11/210.39 mi65, Jeffereys Crescent, Liverpool, Merseyside L36 4JR3
£200K03/230.39 mi13, Jeffereys Crescent, Liverpool, Merseyside L36 4JR3
£160K01/210.39 mi66, Jeffereys Crescent, Liverpool, Merseyside L36 4JT3
£103K03/210.39 mi159, Liverpool Road, Huyton, Liverpool, Merseyside L36 3RD3
£151K09/210.4 mi11, Kingswood, Liverpool, Merseyside L36 2JY3

Local Rents

27 rents from £765/mo to £1.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£76504/240.17 miStanhope Drive, Liverpool, L36 3
£1,10005/240.22 miJeffereys Crescent, Liverpool, Merseyside, L363
£85012/240.29 miWoolfall Crescent, Huyton3
£92504/240.3 miBeechburn Crescent, Liverpool, L363
£95005/240.3 miBeechburn Crescent, Huyton, L363
£95005/240.3 miBeechburn Crescent, Huyton, L363
£95012/240.3 miBeechburn Crescent, Huyton, L363
£90006/240.32 mi-3
£85005/240.33 miAylton Road, Huyton, Liverpool3
£95004/240.36 miKingsway, Huyton, Liverpool3
£90004/240.37 mi-3
£90012/240.38 mi-3
£90005/240.38 miCrownway, Liverpool, L363
£85005/240.39 mi-3
£97512/240.39 mi-3
£90003/250.4 mi-3
£1,15003/250.42 mi-3
£82503/250.42 mi-3
£77505/240.45 miLiverpool Road, Huyton, Liverpool154 Liverpool, Merseyside, L363
£80011/230.51 mi-3
£1,10004/240.54 miWoolfall Heath Avenue, Liverpool, Merseyside, L363
£1,30005/240.55 miPilch Lane East, L363
£1,30005/240.55 miPilch Lane, L36 4NP3
£95002/240.57 mi-3
£1,30005/240.57 miPilch Lane East, L363
£82504/240.58 miPhoenix Drive, Liverpool, Merseyside, L143
£99505/240.6 miArdennes Road, Liverpool3

Local Area Statistics

Population in L36

39,896

Population in Liverpool

675,519

Town centre distance

5.76 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Price changed to £120,000

December 4, 2024

Listed for £130,000

July 25, 2024

Floor Plans

Description

  • Three Bedrooms +
  • End of Terrace +
  • Lovely Garden to Rear +
  • Garden to Front +
  • Great Family Home +
  • Close to Transport links +
  • Great Potential +

Located in the L36 2QT area, this 3-bedroom house offers a substantial opportunity for renovation. Ideal for those looking to create their own home or for an investment project, this property has a lot of potential. The ground floor includes a spacious living room with large windows that allow for ample natural light. There is an adjoining dining area suitable for family meals and gatherings. The kitchen, while requiring modernisation, provides a good layout for redesign. There is ample space for appliances and storage. The upper floor has three well-sized bedrooms. The main bedroom is particularly spacious and the family bathroom, located on the upper floor, is currently functional but would benefit from a complete refurbishment to meet modern standards. The property includes a sizable rear garden, offering potential for landscaping. Situated in Huyton, this property is close to local amenities, including schools, shops, and transport links. It offers easy access to major road networks, making commuting straightforward. This 3-bedroom house represents a great opportunity for buyers looking to invest in a property with substantial potential. Viewing is recommended to appreciate the possibilities this property offers. Contact us today to arrange a viewing. ===== HOW TO BOOK A VIEWING? Please contact us on or email us at INSTANT VALUATION: Thinking of moving but don't know where to start? Visit valuation.homesureproperty.co.uk for an instant valuation of your home. MORE INFORMATION: Homesure is an independent Sales, Lettings & management agency based in the heart of Woolton Village. We use modern marketing methods, combined with a bespoke service to sell and rent Merseyside's finest properties. Operating from our modern, paperless and prominent Allerton Road office, our team of property and marketing experts work to achieve the highest possible price for your property in the shortest amount of time. Our team of sales experts ensure that your property stands out from the crowd, dedicating more time to each instruction than any other agent. Our regulated lettings team offer our tenants a relaxed, friendly, and fair management approach while keeping our landlords safe in the knowledge that Homesure (as a NALS-registered) agent, is efficiently and profitably managing their properties. Understanding Your Property & Requirements Prior to marketing we ensure that each member of our team is familiar with your property and its intricacies. Be it a period feature or full-blown renovation we ask the right questions to understand the small details that will really sell your property. Presentation From professional photographs to aerial shots we offer everything required to show your property in its best possible light. Selling or Letting Your Property Your property will feature prominently on all of the major property portals and related websites. As well as featuring in our attractive Woolton Village venue, your property will be promoted to our own internal network of domestic & international investors, home movers, renters & relocation agents. Viewings Your designated personal agent will offer a personal & tailor-made service, ensuring that you are kept up to date with feedback and marketing reports every step of the way. Agreeing a Sale or Let Your designated personal agent will negotiate to ensure that you are successful in achieving the best possible price & terms for your property. Sales Progression This is where we really stand out from the crowd. Following an agreed sale your designated personal agent will liaise with both sets of solicitors to ensure that your transaction is as smooth and stress-free as possible. The same agent who carried out the initial valuation will handle every step of the process right up until the recommending of removal men & handing over of keys. For more information on our services, please feel free to drop into our Woolton Village office for a chat. Alternatively, you can contact us either by telephone, email, or via our website. SALES DISCLAIMER: TIP! Buying or selling a home becomes much easier if you're using the right agent, the right broker and the right solicitor. Here at Homesure, we recommend only those that have delivered for our previous clients, and not because of any financial affiliations. Support Word-of-mouth! These property details are set out to provide a general guide as to what the property consists of. They are not intended to be used as part of an Offer or Contract. If interior photographs are included they are reproduced for general information and it cannot be inferred that any item shown is included in the sale. Please check with us if you wish to clarify exactly what is included. Any services, equipment, fittings and/or systems have not been tested and no guarantee is given or implied that these are in working order. Buyers are advised to obtain verification

EPC Rating: C

Agent Details

Homesure Property, Liverpool

0151 453 2429

Next Steps?

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