3 Bed Terraced House, Refurb/BRRR, Liverpool, L19 5NW, £180,000

Northmead Road, Liverpool, Merseyside, L19 5NW - 7 months ago

Sold STC

Refurb/BRRR

ROI: 6%

~66 m²

+13 photos

ValuationOvervalued

Sold Prices	£60.5K - £280K
Sold Prices/m²	£1.6K/m² - £3.8K/m²

Square Metres	~66.20 m²
Price/m²	£2.7K/m²
Value Estimate	£142,195£142,195

End Value (After Refurb)	£143,750£143,750

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£45,000£45,000
Stamp Duty & Legal Fees	£11,300£11,300
Refurb Costs	£27,904£27,904
Bridging Loan Interest	£4,725£4,725
Total Cash In	£90,679£90,679

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£143,750£143,750
Mortgage (After Refinance)	£107,813£107,813
Mortgage LTV	75%75%
Cash Left In	£90,679£90,679
Equity	£35,938£35,938
Rent Range	£542 - £3,250£542 - £3,250
Rent Estimate	£1,168
Running Costs/mo	£703£703
Cashflow/mo	£465£465
Cashflow/yr	£5,582£5,582
ROI	6%6%
Gross Yield	8%8%

Local Sold Prices

51 sold prices from £60.5K to £280K, average is £206.5K. £1.6K/m² to £3.8K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£240K	04/21	0.01 mi	32, Northmead Road, Allerton, Liverpool, Merseyside L19 5NW	-	-	3	Semi-Detached House
£230K	08/21	0.02 mi	81, Northmead Road, Liverpool, Merseyside L19 5NN	£3,271	70	3	Semi-Detached House
£250K	03/23	0.06 mi	24, Southmead Gardens, Liverpool, Merseyside L19 5NJ	£2,315	108	3	Semi-Detached House
£241K	12/20	0.07 mi	176, Woolton Road, Garston, Liverpool, Merseyside L19 5NF	£2,459	98	3	Semi-Detached House
£268K	03/21	0.07 mi	168, Woolton Road, Garston, Liverpool, Merseyside L19 5NF	£3,775	71	3	Semi-Detached House
£280K	02/21	0.09 mi	170, Woolton Road, Garston, Liverpool, Merseyside L19 5NF	£2,718	103	3	Semi-Detached House
£235K	02/21	0.13 mi	169, Woolton Road, Allerton, Liverpool, Merseyside L19 5NE	-	-	3	Semi-Detached House
£170K	01/21	0.15 mi	102, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH	£1,677	101	3	Terraced House
£220K	12/22	0.16 mi	4, Longcroft Square, Liverpool, Merseyside L19 4TD	-	-	3	Semi-Detached House
£214K	10/21	0.17 mi	43, Kinsale Drive, Allerton, Liverpool, Merseyside L19 5PH	-	-	3	Detached House
£200K	06/21	0.17 mi	541, Mather Avenue, Liverpool, Merseyside L19 4TG	£2,299	87	3	Terraced House
£185K	12/22	0.22 mi	642, Mather Avenue, Liverpool, Merseyside L19 4TQ	£2,176	85	3	Terraced House
£145K	03/23	0.26 mi	6, Perriam Road, Liverpool, Merseyside L19 4TJ	-	-	3	Semi-Detached House
£239K	02/23	0.28 mi	24, Garfourth Close, Liverpool, Merseyside L19 6PU	£2,464	97	3	Terraced House
£127.5K	02/21	0.28 mi	112, Highbank Drive, Liverpool, Merseyside L19 5PG	-	-	3	Terraced House
£200K	03/21	0.3 mi	107, Woolton Road, Garston, Liverpool, Merseyside L19 6PL	£1,754	114	3	Semi-Detached House
£220.8K	06/21	0.33 mi	19, Danefield Road, Liverpool, Merseyside L19 4TL	£2,509	88	3	Semi-Detached House
£200K	03/21	0.35 mi	1, Inwood Road, Allerton, Liverpool, Merseyside L19 6QA	£2,000	100	3	Semi-Detached House
£175K	11/20	0.35 mi	32, Blomfield Road, Liverpool, Merseyside L19 4UY	£1,750	100	3	Semi-Detached House
£210K	05/23	0.35 mi	22, Blomfield Road, Liverpool, Merseyside L19 4UY	£2,143	98	3	Semi-Detached House
£167K	03/21	0.35 mi	36, Burman Road, Allerton, Liverpool, Merseyside L19 6PW	-	-	3	Semi-Detached House
£205K	01/23	0.35 mi	52, Burman Road, Allerton, Liverpool, Merseyside L19 6PW	-	-	3	Semi-Detached House
£193K	10/20	0.37 mi	105, Stamfordham Drive, Liverpool, Merseyside L19 4XD	£1,723	112	3	Semi-Detached House
£206.5K	06/23	0.37 mi	140, Stamfordham Drive, Liverpool, Merseyside L19 4XF	£2,717	76	3	Terraced House
£205K	12/22	0.38 mi	14, Inwood Road, Allerton, Liverpool, Merseyside L19 6QB	£1,952	105	3	Terraced House
£180K	02/21	0.38 mi	46, Inwood Road, Allerton, Liverpool, Merseyside L19 6QB	£1,731	104	3	Semi-Detached House
£205K	12/22	0.38 mi	4, Holman Road, Liverpool, Merseyside L19 5NS	-	-	3	Semi-Detached House
£229K	08/21	0.38 mi	64, Clavell Road, Liverpool, Merseyside L19 4TS	-	-	3	Semi-Detached House
£185.5K	12/20	0.4 mi	18, Long Lane, Garston, Liverpool, Merseyside L19 6PF	£1,973	94	3	Semi-Detached House
£197K	03/23	0.4 mi	16, Long Lane, Garston, Liverpool, Merseyside L19 6PF	-	-	3	Semi-Detached House
£200K	02/21	0.41 mi	108, Ravenna Road, Allerton, Liverpool, Merseyside L19 4TZ	£2,381	84	3	Terraced House
£230K	03/23	0.41 mi	21, Harwood Road, Liverpool, Merseyside L19 5NP	-	-	3	Semi-Detached House
£230K	03/23	0.41 mi	21, Harwood Road, Liverpool, Merseyside L19 5NP	-	-	3	Semi-Detached House
£150K	03/21	0.43 mi	23, Caldwell Road, Allerton, Liverpool, Merseyside L19 4UU	£1,648	91	3	Semi-Detached House
£190K	05/21	0.43 mi	33, Caldwell Road, Allerton, Liverpool, Merseyside L19 4UU	-	-	3	Semi-Detached House
£190K	12/20	0.44 mi	26, Woolton Road, Allerton, Liverpool, Merseyside L19 5NG	£1,681	113	3	Semi-Detached House
£180K	12/20	0.44 mi	74, Woolton Road, Allerton, Liverpool, Merseyside L19 5NG	£2,143	84	3	Semi-Detached House
£250K	07/23	0.44 mi	74, Woolton Road, Garston, Liverpool, Merseyside L19 5NG	£2,976	84	3	Semi-Detached House
£60.5K	03/23	0.45 mi	3, Hamlin Road, Liverpool, Merseyside L19 5NL	-	-	3	Semi-Detached House
£190K	11/20	0.45 mi	26, Mostyn Avenue, Garston, Liverpool, Merseyside L19 4UL	£2,043	93	3	Semi-Detached House
£210K	06/21	0.45 mi	1, Dinesen Road, Liverpool, Merseyside L19 6QD	£2,211	95	3	Semi-Detached House
£212.5K	11/20	0.46 mi	5, Hartington Road, Garston, Liverpool, Merseyside L19 6PH	£2,361	90	3	Semi-Detached House
£220K	11/22	0.46 mi	9, Burman Road, Allerton, Liverpool, Merseyside L19 6PN	£2,716	81	3	Semi-Detached House
£215K	11/22	0.46 mi	2, Burman Road, Allerton, Liverpool, Merseyside L19 6PN	£2,622	82	3	Semi-Detached House
£193K	01/21	0.48 mi	42, Redington Road, Liverpool, Merseyside L19 4UD	£1,949	99	3	Semi-Detached House
£165K	04/21	0.48 mi	64, Redington Road, Liverpool, Merseyside L19 4UD	-	-	3	Semi-Detached House
£275K	05/23	0.48 mi	70, Redington Road, Liverpool, Merseyside L19 4UD	£3,125	88	3	Terraced House
£240.1K	12/22	0.48 mi	546, Mather Avenue, Liverpool, Merseyside L19 4UG	-	-	3	Terraced House
£225K	11/22	0.49 mi	4, Redington Road, Liverpool, Merseyside L19 4UD	-	-	3	Semi-Detached House
£247.5K	12/22	0.49 mi	62, Redington Road, Liverpool, Merseyside L19 4UD	-	-	3	Semi-Detached House
£219.9K	11/22	0.5 mi	25, Clavell Road, Liverpool, Merseyside L19 4TR	-	-	3	Semi-Detached House

Local Rents

50 rents from £542/mo to £3.3K/mo, average is £1K/mo.

Rent	Date	Distance	Address	Beds	Type
£542	05/24	0.17 mi	Kinsale Drive, Liverpool, Merseyside, L19	3	Terraced House
£1,595	05/24	0.21 mi	-	3	Semi-Detached House
£1,595	05/24	0.21 mi	Mather Avenue, Liverpool, L19	3	Semi-Detached House
£900	05/24	0.41 mi	Ravenna Road, L19 4TZ	3	Terraced House
£1,100	01/25	0.5 mi	-	3	Semi-Detached House
£3,250	05/24	0.56 mi	Papal Cross Close, Liverpool	3	Detached House
£3,250	05/24	0.57 mi	Papal Cross Close, Woolton, Liverpool, Merseyside, L25	3	Detached House
£750	12/23	0.62 mi	-	3	Terraced House
£1,250	10/24	0.71 mi	-	3	Bungalow
£875	01/24	0.71 mi	-	3	Terraced House
£1,250	05/24	0.72 mi	Mather Avenue, Liverpool, Merseyside. L18 9TQ	3	Semi-Detached House
£1,100	05/24	0.72 mi	Calthorpe Street, Allerton, L19	3	Terraced House
£1,300	05/24	0.74 mi	Available with Zero depositsNew Heys Drive, L18	3	Flat
£900	05/24	0.74 mi	2 Jackson Street	3	Flat
£900	05/24	0.74 mi	2 Jackson Street	3	Flat
£895	10/23	0.74 mi	St. Marys Road, Liverpool, Merseyside, L19	3	Flat
£850	10/23	0.74 mi	St. Marys Road,Garston,Liverpool,L19	3	Flat
£1,200	05/24	0.76 mi	-	3	Semi-Detached House
£1,200	02/25	0.76 mi	-	3	Semi-Detached House
£1,200	03/24	0.76 mi	-	3	Semi-Detached House
£1,200	05/24	0.78 mi	Hurstlyn Road, Allerton, Liverpool, L18 9TX	3	Terraced House
£950	04/24	0.79 mi	Stormont Road, Liverpool, Merseyside, L19	3	Terraced House
£1,195	05/24	0.79 mi	Hillfoot Green Woolton Liverpool L25 7UH	3	Semi-Detached House
£800	01/24	0.79 mi	-	3	Terraced House
£1,000	05/24	0.88 mi	Windfield Road, Liverpool	3	Semi-Detached House
£1,200	06/24	0.88 mi	-	3	Semi-Detached House
£1,200	06/24	0.88 mi	Harbour Drive, Liverpool, L19	3	Semi-Detached House
£1,100	05/24	0.88 mi	Teignmouth Close, Liverpool	3	Terraced House
£975	03/25	0.9 mi	-	3	Terraced House
£1,005	02/24	0.91 mi	-	3	Semi-Detached House
£1,050	02/24	0.91 mi	-	3	Semi-Detached House
£750	12/23	0.92 mi	-	3	Terraced House
£750	01/25	0.92 mi	-	3	Terraced House
£900	05/24	0.93 mi	Canterbury Street, Garston, Liverpool, Merseyside, L19	3	Terraced House
£950	05/24	0.94 mi	-	3	Terraced House
£950	05/24	0.94 mi	Canterbury Street, Liverpool, L19	3	Terraced House
£850	02/25	0.94 mi	-	3	Terraced House
£1,100	05/24	0.95 mi	Southampton Drive, Liverpool, L19	3	Semi-Detached House
£750	09/23	0.95 mi	-	3	Terraced House
£1,100	05/24	0.96 mi	-	3	Semi-Detached House
£1,395	11/24	0.96 mi	-	3	Semi-Detached House
£925	05/24	0.97 mi	-	3	Terraced House
£925	03/25	0.97 mi	-	3	Terraced House
£925	04/24	0.97 mi	Chesterton Street, Liverpool, L19	3	Terraced House
£925	01/25	0.98 mi	-	3	Terraced House
£1,350	05/24	0.99 mi	Ipswich Close, Garston, Liverpool, Merseyside, L19 2HP	3	Detached House
£1,350	05/24	0.99 mi	Ipswich Close, Liverpool, Merseyside, L19	3	Detached House
£750	06/24	0.99 mi	St Marys Road, Garston	3	Flat
£2,785	03/25	1 mi	-	3	Terraced House
£1,400	05/24	1 mi	School Lane, Woolton, Liverpool, Merseyside, L25	3	Terraced House

Local Area Statistics

Population in L19	23,76923,769
Population in Liverpool	675,519675,519
Town centre distance	7.81 miles away7.81 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.22 miles away0.22 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+6%+6%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £180,000

September 27, 2024

Floor Plans

Description

A Sizeable Rear Garden +
Investment Opportunity +
Renovation Project +
Modern Ground Floor Shower Room +
Excellent Location +
Wealth of Local Amenities +
Entrance Hall, Formal Lounge +
Dining Room, Kitchen +
Three Well-Proportioned Bedrooms +
Offered With No Onward Chain +

Sutton Kersh are delighted to present to the market with no onward chain this three bedroom end of terraced family home. The property is in need of modernisation throughout and we feel it makes an ideal purchase for investment for young families looking to renovate a home to their taste. The property briefly comprises; entrance hall, a front lounge, rear kitchen, ground floor shower room. To the first floor there are three well-proportioned bedrooms and a WC. Externally the property offers a front garden space and a generous rear garden. This property benefits from being double glazed throughout. Viewings come highly recommended and can be arranged via our Sutton Kersh Allerton branch on .

Agent Details

Sutton Kersh, Allerton

0151 453 2272

Next Steps?

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

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