4 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L31 1BR, £125,000

Stuart Road, Melling, L31 1BR - 14 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 7%
~91 m²
+12 photos

ValuationUndervalued

Sold Prices£110K - £420K
Sold Prices/m²£882/m² - £3.8K/m²

 

 

Square Metres

~91 m²
Price/m²£1.4K/m²

Value Estimate

£128,750
BMV3%

 

 

End Value (After Refurb)

£191,579

Uplift in Value

+53%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Refurb Costs

£38,357

Bridging Loan Interest

£3,281

Total Cash In

£82,088

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£191,579

Agent Fees (1%)

£1,916

Bridging Loan

£93,750

Bridging Loan Interest

£3,281

Flip Profit

£13,825

Local Sold Prices

50 sold prices from £110K to £420K, average is £237.5K. £882/m² to £3.8K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£185K10/210.14 mi51, Dapple Heath Avenue, Maghull, Liverpool, Merseyside L31 1GA4
£249.5K11/200.14 mi4, Dapple Heath Avenue, Maghull, Liverpool, Merseyside L31 1GA4
£165K11/200.14 mi22, Dapple Heath Avenue, Maghull, Liverpool, Merseyside L31 1GA4
£205K02/210.14 mi5, Birchtree Drive, Liverpool, Merseyside L31 1DE4
£260K12/200.14 mi11, Birchtree Drive, Liverpool, Merseyside L31 1DE4
£262.5K11/200.14 mi9, Birchtree Drive, Liverpool, Merseyside L31 1DE4
£247K02/230.16 mi63, Mount Road, Liverpool, Merseyside L32 2AN4
£245.5K04/210.17 mi15, Rock View, Maghull, Liverpool, Merseyside L31 1JF4
£248K04/210.17 mi3, Rock View, Melling, Liverpool, Merseyside L31 1JF4
£290K06/230.17 mi12, Rock View, Melling, Liverpool, Merseyside L31 1JF4
£420K10/230.18 mi3, Iris Park Walk, Melling, Liverpool, Merseyside L31 1FB4
£260K11/220.19 mi29, Chestnut Walk, Melling, Liverpool, Merseyside L31 1LL4
£200K01/210.19 mi8, Chestnut Walk, Liverpool, Merseyside L31 1LL4
£255K09/230.2 mi80, Mount Road, Liverpool, Merseyside L32 2AW4
£300K07/210.2 mi68, Mount Road, Kirkby, Liverpool, Merseyside L32 2AW4
£275K11/200.2 mi11, Baytree Grove, Melling, Liverpool, Merseyside L31 1LR4
£260K03/210.22 mi5, Swinderby Drive, Kirkby, Liverpool, Merseyside L31 1JW4
£300K01/230.22 mi18, Swinderby Drive, Kirkby, Liverpool, Merseyside L31 1JW4
£257K12/220.22 mi40, Park Road, Kirkby, Liverpool, Merseyside L32 2AL4
£272K01/230.23 mi19, Granborne Chase, Kirkby, Liverpool, Merseyside L32 2DN4
£260K12/200.23 mi17, Granborne Chase, Kirkby, Liverpool, Merseyside L32 2DN4
£206.7K12/230.23 mi15, Archers Fold, Melling, Liverpool, Merseyside L31 1LJ4
£179K02/210.23 mi37, Satinwood Crescent, Liverpool, Merseyside L31 1JX4
£260K09/210.27 mi25, Partridge Road, Kirkby, Liverpool, Merseyside L32 2DJ4
£270K05/210.32 mi10, Ledsons Grove, Melling, Liverpool, Merseyside L31 1GB4
£220K10/230.32 mi19, North Park Road, Liverpool, Merseyside L32 2AR4
£139.9K08/210.38 mi195, Whitefield Drive, Liverpool, Merseyside L32 0RB4
£165K08/210.39 mi29, Beldale Park, Kirkby, Liverpool, Merseyside L32 2DE4
£120K11/200.47 mi1, Lognor Road, Kirkby, Liverpool, Merseyside L32 0SX4
£152K01/230.48 mi10, Coton Way, Liverpool, Merseyside L32 0SP4
£295K01/210.5 mi5, Mill Lane, Kirkby, Liverpool, Merseyside L32 2AU4
£185K01/210.55 mi94, Pennine Way, Kirkby, Liverpool, Merseyside L32 2BL4
£129K05/240.55 mi5, Benwick Road, Liverpool, Merseyside L32 4SQ4
£175K04/210.56 mi69, Rowan Drive, Kirkby, Liverpool, Merseyside L32 0SF4
£287K12/220.57 mi26, Deerbolt Crescent, Kirkby, Liverpool, Merseyside L32 2BE4
£311K09/220.57 mi2, Deerbolt Close, Liverpool, Merseyside L32 2BG4
£186K12/220.59 mi6, William Roberts Avenue, Kirkby, Liverpool, Merseyside L32 0UN4
£161K05/230.63 mi43, Richard Hesketh Drive, Kirkby, Liverpool, Merseyside L32 0TX4
£112.5K09/210.67 mi14, Mercer Avenue, Liverpool, Merseyside L32 4TX4
£185K06/210.68 mi3, Heydon Avenue, Kirkby, Liverpool, Merseyside L32 4WB4
£160K04/210.72 mi68, Rowan Drive, Kirkby, Liverpool, Merseyside L32 0SH4
£200K05/230.73 mi27, Ambleside Drive, Kirkby, Liverpool, Merseyside L33 2EE4
£230K10/210.74 mi20, Kendal Road, Kirkby, Liverpool, Merseyside L33 2ED4
£180K01/230.74 mi2, Kendal Road, Kirkby, Liverpool, Merseyside L33 2ED4
£245K09/220.74 mi105, Rowan Drive, Kirkby, Liverpool, Merseyside L32 0SG4
£125K06/230.77 mi8, Newick Road, Liverpool, Merseyside L32 4TH4
£120K06/210.78 mi6, Derwent Close, Kirkby, Liverpool, Merseyside L33 2DD4
£110K03/210.82 mi91, Whitefield Drive, Liverpool, Merseyside L32 4ST4
£265K10/200.84 mi26, Canterbury Close, Aintree, Liverpool, Merseyside L10 8LA4
£300K05/210.85 mi35, Rugby Drive, Liverpool, Merseyside L10 8JU4

Local Rents

16 rents from £795/mo to £4.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,20001/240.19 mi-4
£1,60004/240.22 miSwinderby Drive,Liverpool,L31 1JW4
£1,60012/240.22 miSwinderby Drive,Liverpool,L31 1JW4
£1,45004/240.23 miGranbourne Chase, Kirkby Park4
£1,15012/240.23 miSatinwood Crescent, Melling, L31 1JX3
£1,50004/240.25 miOlive Close, MELLING, L31 4
£85004/240.34 miLinton Place, Kirkby, L32 0WA3
£82505/240.35 miMelverley Road, Westvale3
£79504/240.37 miTallarn Road, Westvale, Kirkby3
£89512/240.37 miMount Crescent, Kirkby3
£79511/230.38 mi-3
£84503/250.38 mi-3
£1,65004/240.39 mi-4
£4,50002/250.46 mi-3
£89512/240.48 mi-4
£89502/250.48 mi-4

Local Area Statistics

Population in L31

30,316

Population in Liverpool

675,519

Town centre distance

3.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental growth (12m)

+31%

Sales demand

Balanced market

Capital growth (5yrs)

+37%

Property History

Listed for £125,000

October 2, 2024

Floor Plans

Description

  • Semi Detached House +
  • Large Corner Plot +
  • In Need Of Full Renovation And Modernisation +
  • Scope To Extend +
  • Four Bedrooms- Two To The Ground Floor And Two To The First Floor +
  • Gardens To Three Sides +
  • Detached Garage And Driveway To The Rear +
  • Viewing Essential +
  • EPC Rating- F +
  • Council Tax Band- C +

SITUATED ON A LARGE CORNER PLOT, FULL OF POTENTIAL WITH SCOPE FOR EXTENSION, ONLY ONE OWNER SINCE BEING BUILT, VERSATILE ACCOMMODATION, FOUR BEDROOMS, LARGE LOUNGE, DETACHED GARAGE AND DRIVEWAY TO THE REAR, GARDENS TO THREE SIDES, IN NEED OF FULL RENOVATION AND MODERNISATION. BE QUICK! Having been in the same family since being built, this is an opportunity not to be missed for any buyer wanting a project and wanting to make a property their own. There is tons of potential with this property, whether it be just renovating and modernising the existing home or extending to the side, rear or wherever you want to! Being on a large corner plot, there is scope in every direction. The accommodation currently comprises entrance hallway, large living room, dining room/ bedroom three, bedroom four, kitchen and the shower room to the ground floor. To the first floor are two further bedrooms. Externally as previously mentioned, the property sits on a large corner plot with lawned gardens to the front, side and rear as well as having a detached garage and driveway to the rear accessed from Karan Way. This is an opportunity not to be missed and we would definitely recommend an early viewing to avoid disappointment.  Entrance Hallway
Double glazed Upvc entrance door with double glazed obscured Upvc window to the side. Doors off to various rooms. Staircase to the first floor landing. Meter cupboard. 

Living Room
Double glazed Upvc window to the front. Fireplace. Television point. Under stairs cupboard. 

Bedroom Three/ Dining Room
Window to the rear. 

Kitchen
Window to the rear and door leading out to the rear garden. Range of base units incorporating worksurfaces with inset stainless steel sink and drainer with mixer tap over. Space for cooker. Plumbing and space for washing machine. 

Bedroom Four
Double glazed Upvc window to the front. 

Shower Room
Window to the side. Suite comprising WC, wash hand basin and shower cubicle. 

First Floor Landing
Doors off to various rooms. Storage cupboard. 

Bedroom One
Window to the side. Access to eaves storage. 

Bedroom Two
Window to the side. Access to eaves storage. 

Gardens
The property sits on a corner plot and enjoys gardens to three sides. The gardens to the front and side are laid to lawn with mature shrub borders. The rear gardens are fully enclosed with gated access to the side. These gardens enjoy a great degree of privacy and again are enclosed. There is a pathway leading to the detached garage. 

Driveway And Garage
To the rear of the plot and accessed from Karan Way, there is a driveway allowing for off road parking and giving access to the garage. The garage has an up and over door, window to the side and side pedestrian door leading into the rear gardens. 

Agents Note
Freehold. 
Council Tax Band- C, Sefton Council. 
The property currently doesn't have working hot water.

Agent Details

Alastair Saville, Maghull

0151 453 1722

Next Steps?

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