3 Bed Terraced House, Refurb/BRRR, Liverpool, L7 8SW, £200,000

Jubilee Drive, Kensington, Liverpool, L7 8SW - 3 views - 8 months ago

Sold STC
Refurb/BRRR
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£70K - £210K
Sold Prices/m²£843/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£151,118

 

 

End Value (After Refurb)

£185,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£39,428

Bridging Loan Interest

£5,250

Total Cash In

£103,628

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£185,000

Mortgage (After Refinance)

£138,750

Mortgage LTV

75%

Cash Left In

£103,628

Equity

£46,250

Rent Range

£390 - £1,690

Rent Estimate

£739

Running Costs/mo

£746

Cashflow/mo

£-7

Cashflow/yr

£-83

Gross Yield

4%

Local Sold Prices

50 sold prices from £70K to £210K, average is £136K. £843/m² to £2.7K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£115K08/230.08 mi74, Leopold Road, Kensington, Liverpool, Merseyside L7 8SR3
£185K07/210.08 mi60, Connaught Road, Liverpool, Merseyside L7 8RP3
£170K10/220.08 mi46, Connaught Road, Liverpool, Merseyside L7 8RP3
£165K03/210.08 mi124, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£171K03/210.08 mi133, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£153K03/230.08 mi148, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£130K05/230.08 mi123, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£167.5K04/210.09 mi104, Adelaide Road, Kensington, Liverpool, Merseyside L7 8SQ3
£145K05/230.12 mi123, Saxony Road, Liverpool, Merseyside L7 8RX3
£168K03/210.15 mi103, Albany Road, Kensington, Liverpool, Merseyside L7 8RH3
£156K04/210.16 mi67, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RE3
£142K04/230.17 mi79, Albany Road, Kensington, Liverpool, Merseyside L7 8RQ3
£137K11/200.19 mi24, Albert Edward Road, Liverpool, Merseyside L7 8RY3
£176.5K04/230.24 mi41, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RD3
£150K04/230.27 mi10, Gwenfron Road, Liverpool, Merseyside L6 9AL3
£175K03/230.28 mi57, Holdsworth Drive, Liverpool, Merseyside L7 2QN3
£87.5K11/220.29 mi6, Birstall Road, Liverpool, Merseyside L6 9AH3
£116K07/240.31 mi20, Cliff Street, Liverpool, Merseyside L7 2PX3
£97K05/230.31 mi29, Stamford Street, Liverpool, Merseyside L7 2PT3
£134K12/200.32 mi27, Romilly Street, Liverpool, Merseyside L6 9JL3
£135K12/200.33 mi4, Nuttall Way, Liverpool, Merseyside L7 1QT3
£131K06/210.33 mi7, Rocastle Close, Liverpool, Merseyside L6 1PH3
£95K05/240.33 mi50, Needham Road, Liverpool, Merseyside L7 0EQ3
£159K02/230.35 mi53, Needham Road, Liverpool, Merseyside L7 0EE3
£130K02/210.37 mi3, Pera Close, Liverpool, Merseyside L6 1RD3
£113K05/240.37 mi5, Dial Street, Liverpool, Merseyside L7 0EH3
£97K03/210.37 mi59, Molyneux Road, Kensington, Liverpool, Merseyside L6 9AG3
£192K04/230.38 mi28, Upper Baker Street, Liverpool, Merseyside L6 1LX3
£102K12/200.39 mi15, Hawkins Street, Liverpool, Merseyside L6 6BY3
£92K01/230.39 mi15, Hawkins Street, Liverpool, Merseyside L6 6BY3
£160K10/220.4 mi29, Hutchinson Walk, Liverpool, Merseyside L6 1JW3
£111K10/200.41 mi60, Hannan Road, Liverpool, Merseyside L6 6DB3
£110K08/210.43 mi151, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AJ3
£165K03/210.44 mi29, Queensland Street, Liverpool, Merseyside L7 3JE3
£130K07/230.44 mi49, Deane Road, Liverpool, Merseyside L7 0ES3
£140K05/230.44 mi25, Halsbury Road, Liverpool, Merseyside L6 6DG3
£126K03/230.45 mi80, Halsbury Road, Liverpool, Merseyside L6 6DQ3
£151K02/210.45 mi14, Cardwell Street, Liverpool, Merseyside L7 3PG3
£117K12/200.46 mi47, Romer Road, Liverpool, Merseyside L6 6DH3
£99.5K03/230.47 mi10, Phillimore Road, Liverpool, Merseyside L6 6DL3
£172.5K09/230.48 mi34, Chatsworth Drive, Liverpool, Merseyside L7 6LG3
£190K01/230.48 mi32, Chatsworth Drive, Liverpool, Merseyside L7 6LG3
£175K07/210.49 mi3, Dovestone Close, Liverpool, Merseyside L7 6LQ3
£168K06/240.5 mi69, Chatsworth Drive, Liverpool, Merseyside L7 6LF3
£114K03/210.51 mi19, Malden Road, Liverpool, Merseyside L6 6BE3
£112.5K08/210.51 mi203, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AL3
£70K10/210.52 mi246, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AW3
£210K09/210.52 mi27, Gilroy Road, Liverpool, Merseyside L6 6BG3
£80K11/200.54 mi13, Kelso Road, Liverpool, Merseyside L6 3AG3
£133K02/230.57 mi26, Maxton Road, Liverpool, Merseyside L6 6BJ3

Local Rents

51 rents from £390/mo to £1.7K/mo, average is £524/mo.

RentDateDistanceAddressBeds 
£1,00005/240.01 miLeopold Road, Kensington, Liverpool 3
£99512/240.03 mi-3
£80006/240.04 mi-3
£80003/250.04 mi-3
£58504/240.05 mi147 Leopold Road Let Only3
£49804/240.06 miAdelaide Road, Kensington, Liverpool3
£52005/240.07 miAdelaide Road, Kensington, Liverpool3
£47704/240.07 miConnaught Road, Kensington Fields, Liverpool3
£1,10005/240.08 miConnaught Road , L73
£49804/240.11 miAlbert Edward Road, Kensington Fields, Liverpool3
£47704/240.12 miAlbert Edward Road, Kensington Fields, Liverpool3
£49804/240.12 miAlbert Edward Road, Kensington Fields, Liverpool3
£69504/240.14 miSaxony Road,Kensington,Liverpool,L73
£49805/240.16 miAlbany Road rooms 1.2 and 33
£50304/240.17 mi83 Albany Road3
£1,10004/240.18 miGladstone road L73
£1,05012/240.19 mi-3
£90004/240.19 miLing Street L73
£1,30002/240.19 miTeck Street, Liverpool, L73
£1,30006/240.19 miTeck Street, Liverpool, L73
£52005/240.19 miLing Street, L7 2QF, 3
£54205/240.2 miFell Street, L7 2QD, 3
£52005/240.2 miLing Street, Liverpool, Merseyside, L73
£49404/240.21 miTeck Street, Liverpool, L73
£52004/240.21 miClearwater Close, L7 2SA, 3
£41205/240.21 miClearwater Close, L7 2SA, 3
£1,25006/240.21 mi-3
£1,30012/240.21 mi-3
£1,20001/250.21 mi-3
£1,20001/250.21 mi-3
£47604/240.22 miAlbany Road, Liverpool, Merseyside, L73
£49804/240.23 miCotswold Street, Kensington Fields, Liverpool3
£49804/240.23 miEdinburgh Road, Kensington Fields, Liverpool3
£85001/250.24 mi-3
£1,69012/240.26 mi-3
£49805/240.27 mi58 Guelph Street Let Only3
£52405/240.27 miGuelph Street, Liverpool, Merseyside, L73
£54205/240.27 mi10 Gwenfron Road, Liverpool3
£49804/240.27 miGwenfron Road, Liverpool, Merseyside, L63
£45504/240.27 miGwenfron Road, Liverpool, Merseyside, L63
£90002/250.28 mi-3
£80007/240.28 miIngrow Road, Liverpool3
£39005/240.29 miIngrow Road, Liverpool3
£39006/240.29 miIngrow Road, Liverpool3
£39006/240.29 miIngrow Road, Liverpool3
£49804/240.29 miWrenbury Street, L7 2PU, 3
£49805/240.3 miHolt Road, L7 8XB, 3
£87512/240.31 mi-3
£82503/240.33 miDurning Road, Liverpool, Merseyside, L73
£82505/240.33 miDurning Road, Liverpool, Merseyside, L73
£47704/240.34 miNeedham Road, L7 0EQ, 3

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.59 miles away

Nearest school

0.20 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £200,000

August 1, 2024

Description

  • Three-bedroom terrace home +
  • Two reception rooms +
  • Popular location +
  • Generous yard space +
  • Ideal for first time buyers and investors alike +
  • Freehold. Council tax band: A. +

Welcome to this inviting three-bedroom mid-terrace property located on the ever-popular Jubilee Drive in Kensington, Liverpool.

Though in need of some modernisation throughout, this property offers an excellent opportunity to create a bespoke home in a desirable location.

Upon entering, you are welcomed by a charming entrance hall that sets the tone for the rest of the house. The ground floor boasts a spacious living room featuring elegant bay windows that flood the space with natural light, a dining room perfect for family gatherings, and a functional kitchen awaiting your personal touch.

Ascending to the first floor, you'll find two generous double bedrooms, with the front bedroom benefiting from beautiful bay windows, enhancing the sense of space and light. A three-piece wet room on this floor offers convenience and comfort.

The second floor is dedicated to the master bedroom, providing a private retreat with ample space.

The property also benefits from a cellar, ideal for storage or conversion.

Externally, the property features a generous yard space to the rear, ideal for outdoor entertaining or simply enjoying some quiet time.

Situated in the heart of Kensington, this home is conveniently located close to local amenities, schools, and excellent transport links, making it an ideal choice for families and professionals alike.

This property is brimming with potential and is perfect for those looking to invest in a home that they can truly make their own. Don’t miss out on this fantastic opportunity—book your viewing today!

Agent Details

Venmore, Liverpool

0151 453 6513

Next Steps?

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