2 Bed Terraced House, Refurb/BRRR, Liverpool, L19 8LE, £75,000

25 Lincoln Street, Liverpool, Merseyside, L19 8LE - 3 views - 8 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 6%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£85K - £202K
Sold Prices/m²£1.3K/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£77,250
BMV3%

 

 

End Value (After Refurb)

£120,440

Uplift in Value

+61%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Refurb Costs

£28,709

Bridging Loan Interest

£1,969

Total Cash In

£54,628

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£120,440

Mortgage (After Refinance)

£90,330

Mortgage LTV

75%

Cash Released

£34,080

Cash Left In

£20,548

Equity

£30,110

Rent Range

£528 - £1,000

Rent Estimate

£809

Running Costs/mo

£558

Cashflow/mo

£251

Cashflow/yr

£3,010

ROI

6%

Gross Yield

13%

Local Sold Prices

40 sold prices from £85K to £202K, average is £137.8K. £1.3K/m² to £3.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£101K11/220.01 mi31, Lincoln Street, Liverpool, Merseyside L19 8LE2
£127K02/210.04 mi56, Chesterton Street, Liverpool, Merseyside L19 8LB2
£138.5K10/200.09 mi18, Otway Close, Liverpool, Merseyside L19 8HU2
£98K09/210.12 mi75, York Street, Garston, Liverpool, Merseyside L19 8ER2
£105K10/210.24 mi44, York Way, Garston, Liverpool, Merseyside L19 8JS2
£150K08/210.32 mi5, Vesta Road, Liverpool, Merseyside L19 2RS2
£146K06/230.5 mi35, Chapel Road, Garston, Liverpool, Merseyside L19 2LE2
£111K03/210.5 mi33, Chapel Road, Garston, Liverpool, Merseyside L19 2LE2
£134K03/230.5 mi37, Chapel Road, Garston, Liverpool, Merseyside L19 2LE2
£177K07/230.51 mi62, Horrocks Avenue, Garston, Liverpool, Merseyside L19 5NZ2
£121K11/220.53 mi11, Belmont Place, Liverpool, Merseyside L19 5PB2
£105K07/210.56 mi11, Meredith Street, Liverpool, Merseyside L19 2PR2
£121.3K04/230.56 mi3, Meredith Street, Liverpool, Merseyside L19 2PR2
£127K11/220.56 mi1, Meredith Street, Liverpool, Merseyside L19 2PR2
£110K01/210.56 mi16, Vineyard Street, Liverpool, Merseyside L19 2PU2
£110K11/210.57 mi7, Clifton Street, Liverpool, Merseyside L19 2NB2
£128.5K06/230.57 mi15, Clifton Street, Liverpool, Merseyside L19 2NB2
£130K03/210.57 mi31, Clifton Street, Liverpool, Merseyside L19 2NB2
£143K01/230.58 mi40, Clifton Street, Liverpool, Merseyside L19 2NB2
£133K06/210.6 mi17, Argyle Road, Garston, Liverpool, Merseyside L19 1RP2
£141.5K03/210.65 mi33, Seddon Road, Liverpool, Merseyside L19 2LJ2
£135K12/200.65 mi35, Seddon Road, Liverpool, Merseyside L19 2LJ2
£115K02/210.65 mi3, Seddon Road, Liverpool, Merseyside L19 2LJ2
£155K01/230.66 mi25, Wainwright Grove, Liverpool, Merseyside L19 2LH2
£155.1K06/210.76 mi19, Ebrington Street, Liverpool, Merseyside L19 1QT2
£140K06/210.78 mi33, Basing Street, Liverpool, Merseyside L19 1QS2
£142K10/210.78 mi10, Basing Street, Liverpool, Merseyside L19 1QS2
£85K02/210.78 mi17, Basing Street, Liverpool, Merseyside L19 1QS2
£150K10/210.78 mi17, Belper Street, Liverpool, Merseyside L19 1RG2
£118K10/200.8 mi11, Bellmore Street, Liverpool, Merseyside L19 1QR2
£175K01/230.8 mi9, Calthorpe Street, Liverpool, Merseyside L19 1RE2
£165K04/230.8 mi12, Calthorpe Street, Liverpool, Merseyside L19 1RE2
£159K03/230.8 mi13, Bellmore Street, Liverpool, Merseyside L19 1QR2
£175K11/210.88 mi243, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2
£144K03/210.88 mi245, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2
£143.2K12/200.88 mi233, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2
£137K10/200.88 mi205, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2
£202K01/230.89 mi3, Southmead Gardens, Liverpool, Merseyside L19 5NJ2
£155K12/200.94 mi104, Stamfordham Drive, Liverpool, Merseyside L19 4XF2
£180K10/200.95 mi330, St Marys Road, Garston, Liverpool, Merseyside L19 0NQ2

Local Rents

37 rents from £528/mo to £1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89505/240.41 miLowbridge Court, Garston, Liverpool, L192
£89505/240.41 miLowbridge Court, Garston, Liverpool, L192
£89505/240.41 miLowbridge Court, Garston, Liverpool, L192
£89505/240.41 miLowbridge Court, Garston, Liverpool, L192
£89505/240.41 miLowbridge Court, Garston, Liverpool, L192
£89506/240.41 miLowbridge Court, Garston, Liverpool, L192
£89504/240.41 mi-2
£89506/240.41 mi-2
£85003/250.42 mi-2
£85004/240.42 mi-2
£75005/240.44 miLowbridge2
£80001/250.44 mi-2
£85001/250.44 mi-2
£70004/240.47 miJackson Street 2
£70005/240.47 mi2 Jackson Street, Apartment 142
£52804/240.48 miWoolton Road, Liverpool, Merseyside, L192
£52805/240.48 miWoolton Road, Liverpool, Merseyside, L192
£80004/240.48 mi-2
£80004/240.48 miLowbridge Court, Garston, Liverpool, L192
£85005/240.49 mi-2
£85005/240.49 mi-2
£85005/240.49 miBravery Court, Liverpool, L192
£85005/240.49 miBravery Court, Liverpool, L192
£65005/240.51 miSt. Marys Road, Liverpool, Merseyside, L192
£75004/240.52 miBravery Court, Liverpool, Merseyside, L192
£72504/240.53 mi2a Clifton Street, Liverpool, Lancashire, L192
£69510/230.55 miSt. Marys Road, Liverpool, Merseyside, L192
£82505/240.55 miCarlett View, Liverpool2
£72505/240.55 miRussell Road, Garston2
£75001/240.57 mi-2
£67502/250.58 mi-2
£89505/240.58 mi-2
£89505/240.58 miVineyard Street, Liverpool, L192
£1,00001/250.58 mi-2
£90004/240.58 miCarlett View, L19 2NP2
£90005/240.58 miCarlett View, Garston, L19 2NP2
£85005/240.61 miArgyle Road, Liverpool, L192

Local Area Statistics

Population in L19

23,769

Population in Liverpool

675,519

Town centre distance

8.34 miles away

Nearest school

0.10 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £75,000

August 13, 2024

Sold for £26,000

2002

Floor Plans

Description

  • No Onward Chain +
  • Investment Opportunity +
  • Two Generous Reception Rooms +
  • Two Well Proportioned Bedrooms +
  • Sought-After L19 Location +

Nestled within the sought-after L19 postcode on the charming Lincoln Street, Atlas Estate Agents presents this terraced house for sale. A property with potential, this home offers an exciting investment opportunity for those with a vision.

Spread across two floors, the accommodation comprises two generously sized reception rooms, ideal for creating inviting living and dining spaces, as well as a kitchen that awaits your personal touch. The first floor reveals two well-proportioned bedrooms.

Whilst the house requires work throughout, it offers a blank canvas for refurbishment and modernisation, making it perfect for buyers looking to craft their dream home or for investors seeking to add value.

The property comes with the added benefit of no onward chain, ensuring a smooth and speedy purchase process. With its prime location in the thriving L19 area, this home is sure to attract those looking for a rewarding project in a highly desirable setting. Don’t miss this opportunity to transform potential into reality.

Video/Virtual Tour

We have filmed this property and can offer you a video/virtual tour, please cycle through the images above to view the tour(s).

Further Details

Property Type: Terraced House (2 bedroom, 1 bathroom)
No. of Floors: 2
Floor Space: 62 square metres / 663 square feet
EPC Rating: F
Council Tax Band: A
Local Authority: Liverpool City Council
Ground Rent: £27 per calendar month
Parking: On Street
Outside Space: Back Yard
Heating/Energy: Double Glazing
Appliances/White Goods: Gas Hob

Leasehold Information

Tenure: Leasehold
Lease Start Date: 01/11/1895 (approx)
Original Lease Term: 999 year(s)
Lease Expiry Date: 31/10/2894 (approx)
Lease Term Remaining: 869 year(s) (approx)
Service Charge: TBC
Ground Rent: £27 per calendar month

Disclaimer

These particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers/tenants and do not constitute an offer or part of a contract. Please note that any services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order. Prospective purchasers/tenants ought to seek their own professional advice.

All descriptions, dimensions, areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers/tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

Agent Details

Atlas Estate Agents, Liverpool

0151 453 7282

Next Steps?

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