3 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L16 9JQ, £425,000

Woolacombe Road, Childwall, Liverpool, L16 9JQ - 2 views - 6 months ago

Refurb/BRRR
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£230K - £685K
Sold Prices/m²£2.5K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£299,611

 

 

End Value (After Refurb)

£378,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£39,200

Bridging Loan Interest

£11,156

Total Cash In

£181,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£378,500

Mortgage (After Refinance)

£283,875

Mortgage LTV

75%

Cash Left In

£181,056

Equity

£94,625

Rent Range

£1,000 - £1,950

Rent Estimate

£1,401

Running Costs/mo

£1,483

Cashflow/mo

£-82

Cashflow/yr

£-984

Gross Yield

4%

Local Sold Prices

50 sold prices from £230K to £685K, average is £317.6K. £2.5K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£325K02/210.1 mi25, Salisbury Park, Liverpool, Merseyside L16 0JT3
£412K06/210.13 mi16, Churston Road, Liverpool, Merseyside L16 9JS3
£260K03/230.17 mi19, Stand Park Road, Liverpool, Merseyside L16 9JL3
£230K03/210.17 mi35, Stand Park Road, Liverpool, Merseyside L16 9JL3
£290K02/230.17 mi21, Stand Park Road, Liverpool, Merseyside L16 9JL3
£412.5K06/210.21 mi2, Selworthy Green, Liverpool, Merseyside L16 9JJ3
£275K07/230.23 mi28, South Highville Road, Liverpool, Merseyside L16 9JH3
£312.5K07/230.23 mi11, South Highville Road, Liverpool, Merseyside L16 9JH3
£262K06/210.23 mi11, South Highville Road, Liverpool, Merseyside L16 9JH3
£243K12/200.23 mi17, South Highville Road, Liverpool, Merseyside L16 9JH3
£242K12/200.23 mi26, South Highville Road, Liverpool, Merseyside L16 9JH3
£277K08/210.24 mi61, Highville Road, Liverpool, Merseyside L16 9JE3
£277K08/210.24 mi61, Highville Road, Liverpool, Merseyside L16 9JE3
£302K08/210.24 mi57, Highville Road, Liverpool, Merseyside L16 9JE3
£270K01/210.27 mi136, Taggart Avenue, Liverpool, Merseyside L16 9JB3
£265K11/200.29 mi34, Terence Road, Liverpool, Merseyside L16 8NW3
£397.5K09/220.29 mi52, Terence Road, Liverpool, Merseyside L16 8NW3
£230K01/210.29 mi36, Terence Road, Liverpool, Merseyside L16 8NW3
£460K09/210.3 mi43, Childwall Abbey Road, Liverpool, Merseyside L16 0JL3
£500K03/230.3 mi61, Childwall Abbey Road, Liverpool, Merseyside L16 0JL3
£417K06/210.3 mi41, Childwall Abbey Road, Liverpool, Merseyside L16 0JL3
£450K06/230.31 mi4, Gipsy Lane, Liverpool, Merseyside L18 3HL3
£270K02/210.31 mi35, Terence Road, Liverpool, Merseyside L16 8NN3
£277.5K02/210.31 mi25, Terence Road, Liverpool, Merseyside L16 8NN3
£300K01/230.31 mi39, Terence Road, Liverpool, Merseyside L16 8NN3
£685K11/210.32 mi6, Dunsdon Road, Liverpool, Merseyside L25 6JF3
£320K09/210.33 mi20, Oulton Road, Liverpool, Merseyside L16 8NR3
£285K09/210.33 mi60, Oulton Road, Liverpool, Merseyside L16 8NR3
£255K03/230.35 mi27, Oulton Road, Liverpool, Merseyside L16 8NP3
£510K06/210.35 mi12, Lynnbank Road, Liverpool, Merseyside L18 3HF3
£321.5K12/200.36 mi58, Green Lane North, Liverpool, Merseyside L16 8NL3
£288K01/210.36 mi78, Green Lane North, Liverpool, Merseyside L16 8NL3
£305K09/220.36 mi68, Green Lane North, Liverpool, Merseyside L16 8NL3
£500K07/220.37 mi29, Ewden Close, Liverpool, Merseyside L16 5HF3
£270K10/200.38 mi31, Green Lane North, Liverpool, Merseyside L16 8NH3
£435K06/210.38 mi31, Green Lane North, Liverpool, Merseyside L16 8NH3
£340K11/220.38 mi96, Dunbabin Road, Liverpool, Merseyside L16 7QJ3
£375K10/200.38 mi15, Sunny Bank Road, Childwall, Liverpool, Merseyside L16 7PN3
£315.2K12/200.38 mi11, Sunny Bank Road, Childwall, Liverpool, Merseyside L16 7PN3
£345K05/210.38 mi17, North Barcombe Road, Childwall, Liverpool, Merseyside L16 7PT3
£325K11/210.39 mi61, Green Lane North, Liverpool, Merseyside L16 8NJ3
£492.5K10/210.39 mi1, Beechfield Road, Liverpool, Merseyside L18 3EG3
£465K11/200.39 mi9, Quickswood Green, Liverpool, Merseyside L25 4TS3
£440K06/230.39 mi157, Dunbabin Road, Liverpool, Merseyside L16 7QQ3
£283K08/210.41 mi15, Rose Bank Road, Childwall, Liverpool, Merseyside L16 7PP3
£350K03/230.41 mi54, South Barcombe Road, Liverpool, Merseyside L16 7QF3
£260K10/200.41 mi54, South Barcombe Road, Liverpool, Merseyside L16 7QF3
£335K12/200.42 mi14, Kenilworth Road, Childwall, Liverpool, Merseyside L16 7PS3
£460K06/210.43 mi29, Quickswood Drive, Liverpool, Merseyside L25 4TP3
£440K08/210.43 mi45, Quickswood Drive, Liverpool, Merseyside L25 4TP3

Local Rents

10 rents from £1K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50005/240.1 miSalisbury Park, L16 0JT3
£1,20002/240.29 mi-3
£1,95005/240.29 mi-3
£1,95008/240.29 mi-3
£1,95005/240.29 miIngledene Road, Liverpool, L183
£1,15005/240.31 miTaggart Avenue, Childwall, L163
£1,89506/240.53 miNorth Barcombe Road, Childwall, Liverpool, Merseyside, L16 7PX3
£1,50002/240.54 mi-3
£1,80005/240.59 miTeasville Road, L18 3EP3
£1,00003/240.59 mi-3

Local Area Statistics

Population in L16

15,039

Population in Liverpool

675,519

Town centre distance

5.97 miles away

Nearest school

0.20 miles away

Nearest train station

1.10 miles away

 

 

Rental growth (12m)

+83%

Sales demand

Buyer's market

Capital growth (5yrs)

+29%

Property History

Listed for £425,000

October 2, 2024

Floor Plans

Description

  • Wonderful Three Bedroom Semi Detached Residence +
  • Enviable Location in Sought-After Suburb of Childwall +
  • Generous Living Proportions - Bursting with Potential +
  • Entrance Hall & Spacious Bay-Fronted Dining Room +
  • Welcoming Sitting Room, Morning Room & Kitchen +
  • Two Bright & Substantially Sized Double Bedrooms +
  • Large Single Room, Shower Room & Boarded Loft +
  • Charming Rear Garden, Off-Road Parking & Garage +

Standing proudly on Woolacombe Road in the heart of the sought-after suburb of Childwall, L16, is this wonderful three bedroom semi detached residence, showcased to the sales market by appointed agents Move Residential. With some modernisation, this promises to make an exceptional forever home for a very lucky family, boasting generous and beautifully maintained living proportions throughout which are bursting with potential.
Upon entering the residence, you are greeted by an inviting entrance hall which leads into a spacious front reception room. Awash with natural light courtesy of a walk-in bay window, this presents a delightful setting for enjoying family mealtimes and entertaining guests. This is followed by a substantial lounge which enjoys a huge window providing picturesque views out to the lovely garden, offering a welcoming space to relax and unwind. A bright and airy morning room leads into the kitchen which is complete with a range of fitted base and wall units.
Ascending to the first floor you will find two generously sized double bedrooms along with a well-proportioned single room, each beautifully presented and receiving plenty of daylight. The two double bedrooms enjoy fitted wardrobes and the master room further benefits from a bay window featuring exquisite stained glass detailing. Accompanying the bedrooms is a family shower room featuring a walk-in shower unit, and completing the interior of this fantastic home is a fully boarded loft space with ladder access and a Velux window.
Externally, the property is further enhanced by a substantial rear garden which boasts an open aspect, presenting an enchanting outdoor space for the whole household to enjoy. A vast neatly maintained lawn offers ample room for recreational activities and is surrounded by established greenery borders, whilst a flagged patio area offers the perfect spot for al-fresco dining during the summer months. To the front, a sizable driveway provides off-road parking, and a garage accommodates additional storage space.

Agent Details

Move Residential, Mossley Hill

0151 453 1497

Next Steps?

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