Potential 4-Bed HMO, Liverpool, L15 3HF, £230,000

Avondale Road, Wavertree, Liverpool, L15 3HF - 8 months ago

Sold STC
HMO
ROI: 1%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£72.5K - £255K
Sold Prices/m²£809/m² - £2.5K/m²

 

 

Square Metres

~92.80 m²
Price/m²£2.5K/m²

Value Estimate

£170,283

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£14,800

Total Cash In

£72,300

 

 

Cash Out

 

Room Rate

£391

Gross Rent

£1,564

Running Costs/mo

£1,495

Cashflow/mo

£69

Cashflow/yr

£832

ROI

1%

Gross Yield

8%

Local Sold Prices

50 sold prices from £72.5K to £255K, average is £177.5K. £809/m² to £2.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£180K01/210 mi64, Avondale Road, Liverpool, Merseyside L15 3HF3
£190K02/210.01 mi84, Brookdale Road, Liverpool, Merseyside L15 3JF3
£210K01/230.02 mi95, Brookdale Road, Liverpool, Merseyside L15 3JF3
£160K03/230.02 mi62, Kenmare Road, Liverpool, Merseyside L15 3HQ3
£185K12/200.05 mi84, Claremont Road, Wavertree, Liverpool, Merseyside L15 3HL3
£255K06/210.06 mi86, Ferndale Road, Wavertree, Liverpool, Merseyside L15 3JZ3
£198.5K03/230.07 mi99, Claremont Road, Wavertree, Liverpool, Merseyside L15 3HJ3
£190K12/220.08 mi118, Kenmare Road, Liverpool, Merseyside L15 3HQ3
£147K06/230.08 mi107, Barrington Road, Liverpool, Merseyside L15 3HR3
£142K12/200.08 mi104, Barrington Road, Wavertree, Liverpool, Merseyside L15 3HR3
£150K09/210.08 mi55, Barrington Road, Wavertree, Liverpool, Merseyside L15 3HR3
£150K07/210.08 mi70, Barrington Road, Liverpool, Merseyside L15 3HR3
£185K03/230.08 mi56, Barrington Road, Liverpool, Merseyside L15 3HR3
£220K06/210.09 mi66, Garmoyle Road, Wavertree, Liverpool, Merseyside L15 3JH3
£132K11/200.11 mi55, Blantyre Road, Liverpool, Merseyside L15 3HT3
£165K02/210.11 mi83, Blantyre Road, Liverpool, Merseyside L15 3HT3
£138.7K11/200.11 mi99, Blantyre Road, Liverpool, Merseyside L15 3HT3
£180K05/210.11 mi55, Blantyre Road, Liverpool, Merseyside L15 3HT3
£137K04/230.11 mi100, Blantyre Road, Liverpool, Merseyside L15 3HT3
£242K06/210.12 mi85, Ferndale Road, Wavertree, Liverpool, Merseyside L15 3JY3
£195K08/210.12 mi5, Ferndale Road, Wavertree, Liverpool, Merseyside L15 3JY3
£175K10/200.13 mi77, Lidderdale Road, Liverpool, Merseyside L15 3JQ3
£171K02/210.13 mi67, Lidderdale Road, Liverpool, Merseyside L15 3JQ3
£145K03/210.13 mi77, Gainsborough Road, Liverpool, Merseyside L15 3HX3
£196.5K06/210.14 mi34, Avondale Road, Liverpool, Merseyside L15 3HE3
£196K06/230.15 mi40, Claremont Road, Wavertree, Liverpool, Merseyside L15 3HH3
£124.8K05/230.16 mi22, Blantyre Road, Liverpool, Merseyside L15 3HS3
£168.5K10/210.16 mi24, Blantyre Road, Liverpool, Merseyside L15 3HS3
£180K03/210.17 mi11, Foxdale Road, Wavertree, Liverpool, Merseyside L15 5AL3
£165K07/230.18 mi22, Gainsborough Road, Liverpool, Merseyside L15 3HU3
£165K07/230.18 mi46, Gainsborough Road, Liverpool, Merseyside L15 3HU3
£181.3K04/210.2 mi3, Airdale Road, Liverpool, Merseyside L15 5AR3
£140K06/210.22 mi14, Liberty Street, Liverpool, Merseyside L15 0ET3
£222.5K11/210.22 mi118, Garmoyle Road, Wavertree, Liverpool, Merseyside L15 5AD3
£168.5K09/210.24 mi36, Wellington Avenue, Wavertree, Liverpool, Merseyside L15 0EJ3
£170K11/200.25 mi7, Weardale Road, Liverpool, Merseyside L15 5AU3
£175K09/210.26 mi10, Thornycroft Road, Liverpool, Merseyside L15 0EW3
£180K03/230.32 mi41, Bagot Street, Liverpool, Merseyside L15 2HA3
£245K01/230.32 mi10, Hollybank Road, Liverpool, Merseyside L18 1HP3
£140K05/230.32 mi40, Woodcroft Road, Liverpool, Merseyside L15 2HQ3
£230K12/200.34 mi14, Hollybank Road, Liverpool, Merseyside L18 1HP3
£215K01/230.34 mi11, Hollybank Road, Liverpool, Merseyside L18 1HP3
£150K07/210.35 mi51, Woodcroft Road, Liverpool, Merseyside L15 2HG3
£170K02/230.35 mi76, Portman Road, Liverpool, Merseyside L15 2HJ3
£182.5K02/230.35 mi3, Deepfield Road, Liverpool, Merseyside L15 5BX3
£72.5K01/230.35 mi127, Strathcona Road, Liverpool, Merseyside L15 1EB3
£159K04/230.35 mi18, Portman Road, Liverpool, Merseyside L15 2HJ3
£194.5K06/210.37 mi25, Nicander Road, Mossley Hill, Liverpool, Merseyside L18 1HU3
£188K02/210.38 mi1, Winchfield Road, Liverpool, Merseyside L15 5BU3
£200K01/210.38 mi10, Winchfield Road, Liverpool, Merseyside L15 5BU3

Local Area Statistics

Population in L15

30,017

Population in Liverpool

675,519

Town centre distance

4.92 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £230,000

August 13, 2024

Floor Plans

Description

  • 3 bedroom terrace HMO +
  • 3 bathrooms +
  • Recently renovated +
  • £18,748 rental income per annum +
  • 8.1% yeild +
  • Tenure: Freehold: Council Tax Band: A +

Attention Investors! Venmore Estate Agents are delighted to present to the sales market this HMO three-bedroom terrace property on Avondale Road, Wavertree.

The property is currently let for £18,748 per annum until July 2025, offering a gross yield of 8.1%.

Upon entering, you'll find a welcoming entrance hall that sets the tone for this recently refurbished well-maintained property. The ground floor features a bright spacious bedroom with bay window, open plan reception room and kitchen with patio doors a leading to the rear yard creating a pleasant communal area for tenants, a utility room and downstairs WC. The fully equiped kitchen and utility room come with integrated oven, electric hob, integrated fridge freezer, microwave, washer and dryer.

The first floor boasts two additional double bedrooms, each providing ample space. Completing the accomodation is a modern three piece suite shower room and beautiful three piece suite bathroom with overhead shower.

To the rear, a generous enclosed yard space. Internal inspection comes highly recommeded by the agent. NO CHAIN.

Agent Details

Venmore, Liverpool

0151 453 6513

Next Steps?

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