4 Bed Detached House, Planning Permission, Liverpool, L31 1AX, £700,000





ValuationOvervalued
Sold Prices | £115K - £305K |
Sold Prices/m² | £762/m² - £3.3K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £5.4K/m² |
Value Estimate | £214,440£214,440 |
| |
End Value (After Refurb) | £260,953£260,953 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £175,000£175,000 |
Stamp Duty & Legal Fees | £44,700£44,700 |
Refurb Costs | £54,483£54,483 |
Bridging Loan Interest | £18,375£18,375 |
Total Cash In | £294,308£294,308 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £260,953£260,953 |
Mortgage (After Refinance) | £195,715£195,715 |
Mortgage LTV | 75%75% |
Cash Left In | £294,308£294,308 |
Equity | £65,238£65,238 |
Rent Range | £775 - £4,500£775 - £4,500 |
Rent Estimate | £1,073 |
Running Costs/mo | £1,050£1,050 |
Cashflow/mo | £23£23 |
Cashflow/yr | £275£275 |
ROI | 0%0% |
Gross Yield | 2%2% |
Local Sold Prices
35 sold prices from £115K to £305K, average is £215K. £762/m² to £3.3K/m², average is £1.7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£260K | 12/23 | 0.27 mi | 16, Galston Close, Liverpool, Merseyside L33 1EE | £2,453 | 106 | 4 | Detached House | |
£230K | 07/22 | 0.3 mi | 2, Treviot Close, Liverpool, Merseyside L33 1ZZ | £2,059 | 112 | 4 | Detached House | |
£190K | 10/22 | 0.31 mi | 2, Lauder Close, Liverpool, Merseyside L33 1EF | £1,667 | 114 | 4 | Semi-Detached House | |
£260K | 05/22 | 0.33 mi | 3, Knightsbridge Walk, Kirkby, Liverpool, Merseyside L33 4HB | - | - | 4 | Detached House | |
£240K | 08/23 | 0.37 mi | 9, Jedburgh Drive, Liverpool, Merseyside L33 1EQ | - | - | 4 | Detached House | |
£175K | 09/21 | 0.41 mi | 21, Perth Close, Liverpool, Merseyside L33 1EJ | £1,768 | 99 | 4 | Semi-Detached House | |
£278K | 10/22 | 0.41 mi | 4, Gleneagles Close, Kirkby, Liverpool, Merseyside L33 4HA | - | - | 4 | Detached House | |
£230K | 10/23 | 0.44 mi | 18, Bridle Way, Kirkby, Liverpool, Merseyside L33 4FE | £1,649 | 140 | 4 | Detached House | |
£275K | 05/23 | 0.48 mi | 152, Saxon Way, Liverpool, Merseyside L33 4HG | £2,301 | 120 | 4 | Detached House | |
£180K | 10/20 | 0.49 mi | 23, Stockton Crescent, Kirkby, Liverpool, Merseyside L33 4FD | - | - | 4 | Detached House | |
£270K | 04/23 | 0.49 mi | 23, Stockton Crescent, Kirkby, Liverpool, Merseyside L33 4FD | - | - | 4 | Detached House | |
£240K | 04/22 | 0.49 mi | 26, Stockton Crescent, Kirkby, Liverpool, Merseyside L33 4FD | £2,000 | 120 | 4 | Detached House | |
£265K | 11/22 | 0.49 mi | 7, Stockton Crescent, Kirkby, Liverpool, Merseyside L33 4FD | - | - | 4 | Detached House | |
£305K | 08/23 | 0.54 mi | 40, Chadwick Way, Kirkby, Liverpool, Merseyside L33 4GB | £2,675 | 114 | 4 | Detached House | |
£252.5K | 07/22 | 0.56 mi | 70, Saxon Way, Liverpool, Merseyside L33 4DQ | - | - | 4 | Detached House | |
£175K | 10/20 | 0.57 mi | 184, Saxon Way, Liverpool, Merseyside L33 4DQ | £1,683 | 104 | 4 | Detached House | |
£180K | 10/20 | 0.6 mi | 7, Horton Close, Kirkby, Liverpool, Merseyside L33 4JE | £1,651 | 109 | 4 | Detached House | |
£188K | 12/20 | 0.6 mi | 3, Horton Close, Kirkby, Liverpool, Merseyside L33 4JE | £1,725 | 109 | 4 | Detached House | |
£247.5K | 06/22 | 0.6 mi | 7, Horton Close, Kirkby, Liverpool, Merseyside L33 4JE | £2,271 | 109 | 4 | Detached House | |
£190K | 03/24 | 0.61 mi | 15, Deva Close, Liverpool, Merseyside L33 4DH | £2,021 | 94 | 4 | Semi-Detached House | |
£115K | 11/20 | 0.66 mi | 10, Ashwood Close, Kirkby, Liverpool, Merseyside L33 1ZB | £762 | 151 | 4 | Terraced House | |
£215K | 12/22 | 0.68 mi | 11, Lewis Walk, Kirkby, Liverpool, Merseyside L33 4JD | £1,955 | 110 | 4 | Semi-Detached House | |
£120K | 06/21 | 0.71 mi | 6, Derwent Close, Kirkby, Liverpool, Merseyside L33 2DD | £937 | 128 | 4 | Terraced House | |
£151K | 09/21 | 0.73 mi | 1, Steeple View, Kirkby, Liverpool, Merseyside L33 1ZE | £1,142 | 132 | 4 | Terraced House | |
£125K | 10/20 | 0.75 mi | 1, Chesterfield Drive, Kirkby, Liverpool, Merseyside L33 1ZG | £1,065 | 117 | 4 | Semi-Detached House | |
£200K | 05/23 | 0.76 mi | 27, Ambleside Drive, Kirkby, Liverpool, Merseyside L33 2EE | £3,253 | 61 | 4 | Semi-Detached House | |
£175K | 08/21 | 0.77 mi | 10, Serenade Road, Liverpool, Merseyside L33 4DZ | £1,496 | 117 | 4 | Detached House | |
£180K | 01/23 | 0.81 mi | 2, Kendal Road, Kirkby, Liverpool, Merseyside L33 2ED | £2,250 | 80 | 4 | Semi-Detached House | |
£230K | 10/21 | 0.81 mi | 20, Kendal Road, Kirkby, Liverpool, Merseyside L33 2ED | £1,691 | 136 | 4 | Detached House | |
£165K | 08/21 | 0.84 mi | 29, Beldale Park, Kirkby, Liverpool, Merseyside L32 2DE | £1,387 | 119 | 4 | Semi-Detached House | |
£185K | 01/21 | 0.84 mi | 94, Pennine Way, Kirkby, Liverpool, Merseyside L32 2BL | £1,331 | 139 | 4 | Semi-Detached House | |
£215K | 11/21 | 0.85 mi | 53, Hall Lane, Simonswood, Liverpool, Merseyside L33 4YE | - | - | 4 | Semi-Detached House | |
£206.7K | 12/23 | 0.96 mi | 15, Archers Fold, Melling, Liverpool, Merseyside L31 1LJ | - | - | 4 | Detached House | |
£295K | 01/21 | 0.97 mi | 5, Mill Lane, Kirkby, Liverpool, Merseyside L32 2AU | £1,569 | 188 | 4 | Detached House | |
£295K | 06/21 | 0.98 mi | 397, Park Lane, Maghull, Liverpool, Merseyside L31 1HF | - | - | 4 | Detached House |
Local Rents
33 rents from £775/mo to £4.5K/mo, average is £1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,800 | 11/23 | 0.16 mi | - | 3 | Semi-Detached House | |
£1,800 | 12/24 | 0.16 mi | - | 3 | Semi-Detached House | |
£850 | 04/24 | 0.3 mi | Treviot Close, Kirkby | 3 | Detached House | |
£850 | 04/24 | 0.55 mi | - | 3 | Terraced House | |
£950 | 09/24 | 0.57 mi | - | 3 | Semi-Detached House | |
£1,000 | 12/24 | 0.58 mi | - | 3 | Semi-Detached House | |
£800 | 04/24 | 0.59 mi | Monash Close, Liverpool | 3 | Detached House | |
£1,550 | 12/24 | 0.61 mi | - | 3 | Detached House | |
£825 | 04/24 | 0.67 mi | Penda Drive, Shevington Park | 3 | Detached House | |
£895 | 12/24 | 0.74 mi | Ambleside Drive, Kirkby, Liverpool, L33 2EF | 3 | Semi-Detached House | |
£800 | 12/24 | 0.74 mi | - | 3 | Semi-Detached House | |
£775 | 12/24 | 0.77 mi | - | 3 | Semi-Detached House | |
£4,500 | 02/25 | 0.89 mi | - | 3 | Detached House | |
£895 | 12/24 | 0.92 mi | Mount Crescent, Kirkby | 3 | Semi-Detached House | |
£1,095 | 03/24 | 0.92 mi | Highfield Place, Kirkby, L33 | 3 | Semi-Detached House | |
£1,225 | 03/24 | 0.97 mi | Eastbrook Vilage, Liverpool, L31 | 3 | Terraced House | |
£1,300 | 04/24 | 0.97 mi | Harrier Close, Maghull | 3 | Terraced House | |
£1,225 | 12/24 | 0.98 mi | Eastbrook Vilage, Liverpool, L31 | 3 | Terraced House | |
£1,165 | 04/24 | 0.98 mi | Eastbrook Vilage, Liverpool, L31 | 3 | Terraced House | |
£895 | 02/25 | 1 mi | - | 3 | Terraced House | |
£1,050 | 04/24 | 1 mi | Highfield Place, Kirkby, L33 | 3 | Detached House | |
£1,100 | 04/24 | 1 mi | Gadwall Close, Maghull, L31 1GQ | 3 | Detached House | |
£795 | 12/24 | 1.04 mi | - | 3 | Terraced House | |
£1,050 | 04/24 | 1.04 mi | Highfield Place, Kirkby, L33 | 3 | Detached House | |
£1,200 | 01/24 | 1.05 mi | - | 4 | Detached House | |
£975 | 12/24 | 1.06 mi | - | 3 | Detached House | |
£1,250 | 03/25 | 1.07 mi | - | 4 | Semi-Detached House | |
£895 | 03/25 | 1.1 mi | - | 3 | Terraced House | |
£900 | 01/25 | 1.16 mi | - | 3 | Terraced House | |
£900 | 03/25 | 1.16 mi | - | 3 | Terraced House | |
£850 | 12/24 | 1.21 mi | - | 3 | Semi-Detached House | |
£1,450 | 04/24 | 1.22 mi | Granbourne Chase, Kirkby Park | 4 | Detached House | |
£1,400 | 04/24 | 1.24 mi | Willow Hey, Maghull | 4 | Detached House |
Local Area Statistics
Population in L31 | 30,31630,316 |
Population in Liverpool | 675,519675,519 |
Town centre distance | 4.36 miles away4.36 miles away |
Nearest school | 0.80 miles away0.80 miles away |
Nearest train station | 1.12 miles away1.12 miles away |
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Rental growth (12m) | +31%+31% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +37%+37% |
Property History
Listed for £700,000
July 25, 2024
Sold for £125,000
2002
Floor Plans

Description
- Prestigious Detached Property +
- Four Bedrooms +
- Beautifully Arranged Formal Gardens +
- Large Driveway Providing Ample Parking +
- Three Spacious Reception Areas +
- 47ft Adjoining Swimming Pool House with Changing Room and Shower +
- Barn With Planning Permission For A New Build Four Bedroom Barn Conversion With Separate Access +
- Prime Location +
Arnold & Phillips are delighted to offer this prestigious four-bedroom detached property, “Midway,” nestled privately behind secure electric gates along the semi-rural Bank Lane in Melling. This unique property is an appealing proposition with its luxurious features and prime location, alongside its compelling development capacity. Nearby, residents can enjoy excellent schools, a variety of shops, and numerous amenities, making it an ideal choice for families and professionals.
Melling is a highly sought-after area known for its tranquil, countryside ambiance while still providing convenient transport links. Residents have easy access to major roadways and public transportation, ensuring a seamless commute to Liverpool, Manchester, and other surrounding areas. The local community offers a welcoming atmosphere with abundant green spaces, parks, and recreational facilities.
The exterior of “Midway” is truly captivating, featuring beautifully arranged formal gardens that are well-established with turfed lawns, a variety of plants, trees, and ample flowers. The approach to the property is impressive, with a large driveway providing ample parking and enhancing the home’s curb appeal. The electric gates offer added security and privacy, making it a perfect sanctuary.
Upon entering the ground floor, you are welcomed by three spacious reception areas, perfect for both entertaining guests and enjoying family time. The modern kitchen is beautifully finished, offering an abundance of units, high-end appliances, and a central feature island that serves as the heart of the home. Additionally, the ground floor boasts a second family bathroom with a walk-in double shower and bath, adding convenience. The first floor of the property comprises four well-proportioned bedrooms, all neutrally decorated with integrated wardrobes. The large family bathroom is fully tiled and features his and hers vanity wash hand basins, a WC, and a shower, providing a luxurious and practical space for the family.
Externally, the property’s highlights include a stunning 47 ft adjoining swimming pool house with changing room and shower, which opens onto a large patio terrace—an ideal setting for outdoor entertaining. The rear of the plot features a barn that has been granted full planning permission for a new-build four-bedroom barn conversion with separate access. This development potential offers a unique investment opportunity, whether for combining families or for individual use and would enjoy its own private access.
Owning “Midway” comes with numerous benefits, including the potential for future development and the chance to create your dream property. The plot comes with full planning permission to develop a stunning four-bedroom detached barn conversion, extending to approximately 1694 sq. ft. The proposed design offers generous living accommodation, including a striking open-plan family dining kitchen and well-proportioned bedrooms, all with delightful views of the surrounding area.In addition to the spacious interior, the plot includes generous wrap-around gardens and access to the plot is via a quiet lane ensuring privacy and exclusivity. This is a unique chance to blend rustic traditional barn features with contemporary convenience, creating your dream home in an idyllic setting.Detailed information about this exciting development can be found via the local authority planning portal (Ref. No: DC/2020/02004), and our office is available to provide further details. Opportunities like this, with full planning permission for a stunning barn conversion, are seldom available. Early viewing of this established plot is highly recommended to fully appreciate its potential. Don’t miss out on the chance to bring your vision to life – contact us today to arrange a viewing.
Extending to around 3,419 square feet for the main house and with around 1,700 square feet for the barn conversion, this unique proposition is well worthy of consideration. It is perfect for those looking to enjoy luxurious living in a semi-rural setting while still having the opportunity to expand and personalise their living space.
Tenure: We are advised by our client that the property is Freehold
Council Tax Band: F
Every care has been taken with the preparation of these property details, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. These property details do not constitute a contract or part of a contract. We are not qualified to verify tenure of property. Prospective purchasers should seek clarification from their solicitor or verify the tenure of this property for themselves by visiting mention of any appliances, fixtures or fittings does not imply they are in working order. Photographs are reproduced for general information, and it cannot be inferred that any item shown is included in the sale. All dimensions are approximate.