6 Bed HMO, Liverpool, L15 3JY £300,000

Ferndale Road, Wavertree, Liverpool, L15 3JY - 1 views - a year ago
Sold STC
HMO
ROI: 6%
~186 m²
Property image

ValuationUndervalued

Sold Prices£130K - £1.2M
Sold Prices/m²£1K/m² - £6.7K/m²

 

 

Square Metres

~186 m²
Price/m²£1.6K/m²

Value Estimate

£360,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Room Rate

£440

Gross Rent

£2,640

Running Costs/mo

£2,142

Cashflow/mo

£498

Cashflow/yr

£5,975

ROI

6%

Gross Yield

11%

Local Sold Prices

34 sold prices from £130K to £1.2M, average is £480K. £1K/m² to £6.7K/m², average is £2.3K/m².

Price
Date
Distance
Address
Beds
 
£775K03/240.21 mi2, Bristol Road, Liverpool L15 9HH6
£775K03/240.24 mi2, Bristol Road, Wavertree, Liverpool, Merseyside L15 9HH6
£350K07/250.38 mi9, Elmbank Road, Liverpool L18 1HR6
£525K03/250.44 mi67, Queens Drive, Mossley Hill, Liverpool L18 2DU6
£525K03/250.44 mi67, Queens Drive, Mossley Hill, Liverpool L18 2DU6
£395K02/250.45 mi16, Limedale Road, Liverpool L18 5JF6
£325K04/230.59 mi39, Gresford Avenue, Wavertree, Liverpool, Merseyside L17 2AN6
£700K06/210.6 mi4, Queens Drive, Mossley Hill, Liverpool, Merseyside L18 2DX6
£610K03/230.62 mi5, South Drive, Wavertree, Liverpool, Merseyside L15 8JJ6
£720K07/240.63 mi11, Queens Drive, Mossley Hill, Liverpool L18 2DS6
£480K01/250.94 mi32, Sydenham Avenue, Liverpool L17 3AX6
£480K01/250.94 mi32, Sydenham Avenue, Liverpool, Merseyside L17 3AX6
£142K11/221 mi22, Salisbury Road, Wavertree, Liverpool, Merseyside L15 1HN6
£354K04/231.05 mi91, Hartington Road, Toxteth, Liverpool, Merseyside L8 0SE6
£495K06/231.13 mi68, Childwall Valley Road, Liverpool, Merseyside L16 4PE6
£231K11/211.16 mi70, Fern Grove, Liverpool, Merseyside L8 0RZ6
£300K04/251.22 mi1, Sefton Grove, Liverpool L17 8XB6
£300K04/251.22 mi1, Sefton Grove, Liverpool L17 8XB6
£975K06/221.29 mi173, Menlove Avenue, Liverpool, Merseyside L18 3JE6
£475K05/221.35 mi19, Bentley Road, Liverpool, Merseyside L8 0SY6
£635K07/221.35 mi37, Bentley Road, Liverpool, Merseyside L8 0SY6
£690K02/251.36 mi9, Williton Road, Liverpool, Merseyside L16 9JU6
£690K02/251.38 mi9, Williton Road, Liverpool L16 9JU6
£456K06/231.47 mi20, Woodlands Road, Aigburth, Liverpool, Merseyside L17 0AW6
£1.1M04/221.55 mi430, Allerton Road, Mossley Hill, Liverpool, Merseyside L18 3JU6
£215K06/241.6 mi14, Laburnum Road, Liverpool L7 0HT6
£625K11/231.74 mi6, Woodview Road, Liverpool, Merseyside L25 6HZ6
£130K08/241.77 mi13, Fell Street, Liverpool L7 2QB6
£355K11/241.8 mi21, Prospect Vale, Liverpool L6 8PE6
£355K11/241.8 mi21, Prospect Vale, Liverpool L6 8PE6
£1.2M07/231.81 mi159, Quarry Street, Liverpool, Merseyside L25 6DY6
£370K05/231.85 mi5, Balmoral Road, Fairfield, Liverpool, Merseyside L6 8NB6
£310K09/241.92 mi150, Empress Road, Kensington, Liverpool L7 8SF6
£765K12/241.99 miNorthcote, Mines Avenue, Liverpool, Merseyside L17 6AL6

Local Area Statistics

Population in L15

30,017

Population in Liverpool

675,519

Town centre distance

5.23 miles away

Nearest school

0.20 miles away

Nearest train station

1.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+37%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £300,000

August 8, 2024

Floor Plans

Property image

Description

  • Attention investors! +
  • Six-bedroom HMO +
  • Potential gross rent of £31,680 per annum +
  • Gross yields of 10.5% +
  • NO CHAIN. +
  • Freehold. Council tax band: B. +

Attention Investors! Venmores Estate Agents are delighted to present to the sales market this six bedroom HMO on Ferndale Road.

Offering a lucrative investment potential, this property promises a gross return of £31,680 per annum, delivering an impressive gross yield of 10.5%.

As you step through the welcoming entrance hall, you are met with access to two generously sized double bedrooms. The ground floor also features a convenient downstairs WC and a spacious open-plan lounge-diner kitchen. This well-appointed kitchen comes complete with integrated appliances.

Ascending to the first floor, you'll find four additional bedrooms. The property is further complemented by a stylish three-piece family shower room and an additional shower room, ensuring convenience and privacy for all residents.

Externally, the property boasts a generous paved yard, providing an ideal low-maintenance outdoor space.

Currently vacant, this HMO is ready to generate substantial returns, making it an excellent addition to any investment portfolio. With its prime location and high yield potential, this property won't stay on the market for long. NO CHAIN.

Agent Details

Venmore, Liverpool

0151 453 6513

Next Steps?

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