4 Bed Terraced House, Refurb/BRRR, Liverpool, L21 1BR, £130,000

Poplar Grove, Liverpool, Merseyside, L21 1BR - 19 views - 6 months ago

Refurb/BRRR
ROI: 3%
~129 m²
+7 photos

ValuationFair Value

Sold Prices£78K - £432.5K
Sold Prices/m²£711/m² - £3.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1K/m²

Value Estimate

£132,600

 

 

End Value (After Refurb)

£155,842

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£54,483

Bridging Loan Interest

£3,413

Total Cash In

£97,245

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£155,842

Mortgage (After Refinance)

£116,881

Mortgage LTV

75%

Cash Released

£19,381

Cash Left In

£77,864

Equity

£38,960

Rent Range

£625 - £2,685

Rent Estimate

£987

Running Costs/mo

£704

Cashflow/mo

£283

Cashflow/yr

£3,391

ROI

3%

Gross Yield

9%

Local Sold Prices

31 sold prices from £78K to £432.5K, average is £205K. £711/m² to £3.6K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£182.5K11/220.09 mi10, Barkeley Drive, Liverpool, Merseyside L21 4LX4
£111K11/200.11 mi14, Elm Drive, Seaforth, Liverpool, Merseyside L21 4NA4
£124K10/200.11 mi18, Elm Drive, Seaforth, Liverpool, Merseyside L21 4NA4
£118K02/230.16 mi3, Gladstone Road, Seaforth, Liverpool, Merseyside L21 1DE4
£141K10/230.21 mi75d, Seaforth Road, Liverpool, Merseyside L21 3TY4
£185K11/210.22 mi36, Beaconsfield Road, Seaforth, Liverpool, Merseyside L21 1DT4
£115K04/210.22 mi18, Beaconsfield Road, Seaforth, Liverpool, Merseyside L21 1DT4
£170K11/210.22 mi19, Hicks Road, Seaforth, Liverpool, Merseyside L21 3TD4
£185K07/230.22 mi19, Hicks Road, Seaforth, Liverpool, Merseyside L21 3TD4
£205K02/230.42 mi21, Cullen Drive, Litherland, Liverpool, Merseyside L21 2NB4
£142.5K09/230.45 mi32, Palmerston Drive, Liverpool, Merseyside L21 6NF4
£332K06/210.56 mi3, Marlborough Road, Waterloo, Liverpool, Merseyside L22 1RT4
£200K12/200.56 mi16, Marlborough Road, Waterloo, Liverpool, Merseyside L22 1RT4
£332K06/210.56 mi3, Marlborough Road, Waterloo, Liverpool, Merseyside L22 1RT4
£205K06/210.61 mi31, Sandringham Road, Waterloo, Liverpool, Merseyside L22 1RW4
£337.5K04/210.62 mi3, Moss Bank Park, Liverpool, Merseyside L21 9PL4
£255K10/220.65 mi100, Brooklands Avenue, Liverpool, Merseyside L22 3YA4
£148K01/210.67 mi20, Brookside Avenue, Waterloo, Liverpool, Merseyside L22 3YD4
£78K04/210.68 mi18, Towcester Street, Liverpool, Merseyside L21 8JQ4
£320K01/210.68 mi32, Waterloo Road, Waterloo, Liverpool, Merseyside L22 1RF4
£320K09/210.71 mi31, Sefton Road, Litherland, Liverpool, Merseyside L21 9HA4
£432.5K03/230.82 mi52a, Litherland Park, Liverpool, Merseyside L21 9HR4
£394K08/220.86 mi14, Eshelby Close, Liverpool, Merseyside L22 3XT4
£238K05/210.87 mi103, Stanley Park, Liverpool, Merseyside L21 9JS4
£242.5K11/230.87 mi91, Stanley Park, Liverpool, Merseyside L21 9JS4
£270K09/220.89 miBath Cottage, Bath Street, Waterloo, Liverpool, Merseyside L22 5NZ4
£215K08/230.89 mi120, Stanley Park, Liverpool, Merseyside L21 9JU4
£268K05/210.9 mi38, Hougoumont Avenue, Liverpool, Merseyside L22 0LL4
£95K12/220.93 mi458, Stanley Road, Bootle, Merseyside L20 5AF4
£320K11/220.98 mi20, Buttercup Close, Liverpool, Merseyside L22 3YR4
£164K05/210.99 mi62, Moss Lane, Litherland, Liverpool, Merseyside L21 7PT4

Local Rents

50 rents from £625/mo to £2.7K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85004/240.08 miChurch Road, Liverpool3
£90001/240.08 mi-3
£97510/240.14 mi-4
£79504/240.14 mi-3
£82502/240.15 mi-3
£86504/240.15 mi-3
£97512/240.15 mi-3
£79503/240.16 mi-3
£95004/240.18 mi-3
£80011/240.2 mi-3
£75002/250.2 mi-3
£79511/240.2 mi-3
£75003/250.2 mi-3
£85010/240.24 mi-3
£77502/240.25 mi-3
£82512/240.25 miMuspratt Road, L21 4NW3
£90004/240.27 miMaple Close, Bootle, Merseyside, L213
£77505/240.4 mi-3
£77505/240.4 miGray St, Bootle, L203
£77506/240.4 miGray St, Bootle, L203
£80005/240.4 miWarton Street, Bootle, Merseyside, L203
£75005/240.4 miBurns Street, Bootle, Liverpool, L203
£92502/250.42 mi-3
£75005/240.43 miCowper street, L203
£70004/240.43 miCowper Street, Bootle3
£75004/240.44 miChesnut Road, Liverpool3
£1,00004/240.44 miCowper Street, Bootle, L204
£89510/240.44 mi-3
£82503/250.46 mi-3
£62505/240.48 miMoore Street, Bootle3
£90005/240.51 mi-4
£90012/240.51 mi-4
£80005/240.52 miNorton Street, Bootle, L203
£72504/240.52 miNorton Street, Bootle3
£79511/240.52 mi-4
£92503/250.52 mi-3
£70005/240.53 miEliot Street, Bootle3
£2,68502/240.53 mi-4
£2,68504/240.53 mi-4
£2,68505/240.53 mi-4
£87504/240.53 mi-3
£1,00002/250.57 mi-4
£1,10005/240.57 miLongfellow Street, Bootle, Merseyside, L203
£87504/240.57 miLongfellow Street, L203
£65004/240.58 miChelsea Road, Liverpool3
£89503/250.58 mi-3
£89504/240.59 miPercy Street, Bootle3
£95001/250.6 mi-3
£97512/240.6 miCunard Road, L21 8NA, 3
£92504/240.61 miSandringham Road, Waterloo, Liverpool, L223

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

1.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £130,000

October 12, 2024

Sold for £102,000

2015

Sold for £108,000

2008

Sold for £49,950

2003

Sold for £25,000

1996

Description

A property that holds a wealth of potential for those eager to put their personal stamp on a home.

This property is in need of modernisation, serving as a blank canvas for families seeking a project or investors looking to add value. Despite its need for updating, the house has some unique features that add to its charm, including a beautiful fireplace that serves as the centrepiece of the dining room.

The sleeping arrangements consist of four spacious bedrooms, two of which stand out. The master bedroom provides ample space to create a relaxing sanctuary, while the second bedroom is a generous double, offering flexibility in its use. With a total of four bedrooms, this property provides plenty of room for a growing family or offers potential for a profitable rental opportunity.

The house currently has one bathroom, the layout of which offers an excellent opportunity for remodelling to suit personal tastes.

The location of this property is a key selling point, positioned conveniently close to public transport links, making commuting and travel easier.

In summary, this terraced house is an opportunity not to be missed. With its need for modernisation, it's a chance to truly make it your own.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

LIV240680/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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