2 Bed Semi-Detached House, Refurb/BRRR, Wallasey, CH45 7LQ, £170,000

Urmson Road, Wallasey, CH45 7LQ - 5 views - 7 months ago

Refurb/BRRR
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£55K - £295K
Sold Prices/m²£854/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£108,205

 

 

End Value (After Refurb)

£164,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£28,876

Bridging Loan Interest

£4,463

Total Cash In

£84,189

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£164,000

Mortgage (After Refinance)

£123,000

Mortgage LTV

75%

Cash Left In

£84,189

Equity

£41,000

Rent Range

£525 - £1,950

Rent Estimate

£707

Running Costs/mo

£674

Cashflow/mo

£33

Cashflow/yr

£397

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £55K to £295K, average is £123.5K. £854/m² to £3.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£76K05/230.03 mi28, Lancaster Avenue, Wallasey, Merseyside CH45 7LP2
£138K12/220.04 mi55, Withens Lane, Wallasey, Merseyside CH45 7NE2
£110K12/220.04 mi47, Scott Street, Wallasey, Merseyside CH45 7LW2
£110K03/230.06 mi23, Scott Street, Wallasey, Merseyside CH45 7LW2
£110K07/230.06 mi55, Scott Street, Wallasey, Merseyside CH45 7LW2
£87.5K03/210.08 mi1, Selby Street, Wallasey, Merseyside CH45 7LN2
£160K02/210.15 mi23, Brookthorpe Close, Wallasey, Merseyside CH45 7SH2
£125K03/210.16 mi18, Manor Road, Wallasey, Merseyside CH45 4JB2
£133K12/200.16 mi21, Stratton Close, Wallasey, Merseyside CH45 7SJ2
£129.5K07/210.18 mi19, Brook Close, Wallasey, Merseyside CH44 1DU2
£105K12/200.2 mi4, Caldy Road, Wallasey, Merseyside CH45 4LX2
£126K01/220.2 mi1, Caldy Road, Wallasey, Merseyside CH45 4LX2
£107K07/230.21 mi18, Walmsley Street, Wallasey, Merseyside CH44 1DY2
£55K06/230.21 mi5, Walmsley Street, Wallasey, Merseyside CH44 1DY2
£130K12/220.22 mi8, West Street, Wallasey, Merseyside CH45 4LY2
£146K04/230.24 mi21, Greenwood Lane, Wallasey, Merseyside CH44 1DD2
£100K03/230.24 mi1, Greenwood Lane, Wallasey, Merseyside CH44 1DD2
£80K03/230.27 mi61b, Martins Lane, Wallasey, Merseyside CH44 1BG2
£126.5K12/210.31 mi19, Grange Avenue, Wallasey, Merseyside CH45 5DR2
£90K07/210.32 mi17, Fairview Avenue, Wallasey, Merseyside CH45 4RE2
£85K03/230.34 mi18, Silverlea Avenue, Wallasey, Merseyside CH45 4QX2
£84.4K09/210.34 mi43, Silverlea Avenue, Wallasey, Merseyside CH45 4QU2
£113.5K12/220.35 mi39, Silverlea Avenue, Wallasey, Merseyside CH45 4QU2
£68K07/230.35 mi61, Silverlea Avenue, Wallasey, Merseyside CH45 4QU2
£250K02/210.35 mi15, Derwent Drive, Wallasey, Merseyside CH45 4PH2
£120K09/210.4 mi20, Cecil Road, Wallasey, Merseyside CH45 4NB2
£98K11/200.41 mi26, Ashburton Road, Wallasey, Merseyside CH44 5XB2
£122K12/200.42 mi7, Hartington Road, Wallasey, Merseyside CH44 5UJ2
£136.3K12/220.42 mi39, Liscard Grove, Wallasey, Merseyside CH44 5RA2
£100K12/200.42 mi31, Liscard Grove, Wallasey, Merseyside CH44 5RA2
£112K01/210.42 mi35, Liscard Grove, Wallasey, Merseyside CH44 5RA2
£138K09/210.48 mi27, St Brides Road, Wallasey, Merseyside CH44 8BN2
£60K04/210.49 mi62, Guildford Street, Wallasey, Merseyside CH44 0BR2
£210K05/210.53 mi59, Kingsway, Wallasey, Merseyside CH45 4PN2
£128.5K01/210.54 mi1, Stanley Terrace, Wallasey, Merseyside CH45 1JN2
£172K02/230.54 mi1, Stanley Terrace, Wallasey, Merseyside CH45 1JN2
£168K10/220.56 mi7, Beach Grove, Wallasey, Merseyside CH45 7QY2
£168K11/210.57 mi23, Eric Road, Wallasey, Merseyside CH44 5RG2
£182K09/210.59 mi9, Sandfield Terrace, Wallasey, Merseyside CH45 1JJ2
£150K03/230.61 mi9, Mariners Road, Wallasey, Merseyside CH45 1HW2
£270K10/210.63 mi16, Sherborne Road, Wallasey, Merseyside CH44 2EY2
£270K10/210.63 mi16, Sherborne Road, Wallasey, Merseyside CH44 2EY2
£153K06/230.64 miMalindi Cottage, Magazine Brow, Wallasey, Merseyside CH45 1HP2
£295K09/210.65 mi5, Sherborne Road, Wallasey, Merseyside CH44 2EY2
£125K02/210.66 mi8, Greenbank Avenue, Wallasey, Merseyside CH45 5AJ2
£112.5K03/210.66 mi23, Greenbank Avenue, Wallasey, Merseyside CH45 5AJ2
£108K02/210.68 mi23, Sutton Road, Wallasey, Merseyside CH45 5BD2
£285K01/230.68 mi10, Prospect Vale, Wallasey, Merseyside CH45 6TQ2
£80K04/210.69 mi8, Kingsley Road, Wallasey, Merseyside CH44 4DS2
£70K11/200.69 mi6, Kingsley Road, Wallasey, Merseyside CH44 4DS2

Local Rents

50 rents from £525/mo to £1.9K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£60005/240.04 mi-2
£75004/250.07 mi-2
£69505/240.08 mi-2
£65005/240.08 miSelby Street, Wallasey, CH452
£69505/240.08 miSelby Street, Wallasey, CH452
£67505/240.1 miUrmson Road, Wallasey2
£67503/240.13 miWithens Lane, Wallasey, Wirral, CH452
£1,69505/240.16 mi-2
£1,57505/240.16 mi-2
£1,90001/250.16 mi-2
£1,87512/240.16 mi-2
£1,95002/250.16 mi-2
£1,90004/250.16 mi-2
£1,90004/250.16 mi-2
£82503/240.16 miStratton Close, Wallasey, Wirral, CH45 2
£62503/240.17 miEaton Street, Liscard, CH442
£60009/240.19 mi-2
£65003/240.23 miBelgrave Street, Liscard, CH442
£70003/240.25 miPark Street, Wallasey2
£65003/240.3 miSerpentine Road Wallasey2
£70004/240.3 miThirlmere Drive, Wallasey2
£75005/240.31 miFairview Avenue, Wallasey, Wirral2
£69503/240.32 miFairview Avenue, Wallasey2
£65004/240.32 miFairview Avenue, Wallasey, CH452
£67512/230.33 mi-2
£52503/240.33 miMartins Lane, Wallasey2
£69504/240.34 miSilverlea Avenue, Wallasey, Wirral, CH452
£65003/240.35 miFairview Avenue, Wallasey, Wirral2
£52503/240.36 miMartins Lane, Wallasey2
£85003/240.36 miWarwick Drive, Wallasey, Merseyside, CH452
£57503/240.37 miSeabank Road, Wallasey, Wirral2
£67503/240.39 miPenkett Road, Wallasey, CH452
£62505/240.39 miMoseley Avenue, Wallasey, CH452
£75005/240.42 miHawarden Avenue, Wallasey2
£52503/240.42 miKing Street, Wallasey, CH442
£52504/240.42 mi-2
£85009/240.44 mi-2
£65003/240.46 miMill Lane, Wallasey2
£59503/240.5 miGuildford Street, Wallasey2
£65005/240.5 miGuildford Street, Wallasey, Merseyside, CH442
£65004/240.51 miRosebery Avenue, Wallasey2
£65005/240.51 miRosebery Avenue, Wallasey2
£72501/240.51 mi-2
£72505/240.51 mi-2
£60012/230.52 mi-2
£59503/250.52 mi-2
£52502/250.54 mi-2
£65004/240.54 miLaburnum Road, Wallasey, CH45 5ES2
£67503/240.57 miHolland Road, Wallasey2
£65004/240.6 mi-2

Local Area Statistics

Population in CH45

30,793

Population in Wallasey

60,790

Town centre distance

0.49 miles away

Nearest school

0.10 miles away

Nearest train station

1.04 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+60%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £170,000

February 8, 2025

Listed for £180,000

October 14, 2024

Floor Plans

Description

  • Council Band: A +
  • End Terraced Property +
  • Two Bedrooms +
  • Requires Updating but Perfect Project / Family Home +
  • Close to Local Amenities, Schools & Transport Links +

SUMMARY
Jones and Chapman are delighted to bring you this two bedroom, three storey house situated in a highly sought after location. Close to local amenities, schools and transport links. Call us now to avoid missing out!

DESCRIPTION
Jones and Chapman are proud to bring you this two bedroom semi-detached house situated in the idyllic location of Liscard. The property does require some updating / renovation but could make an incredible family home! Briefly, this house consists of a large lounge to the front of the property and open plan dining / kitchen area to the rear. Upstairs on the first floor, you will find two generous bedrooms and a family bathroom. The property also boasts a large cellar space, currently consisting of three good sized rooms that could be converted into additional living space. Externally there is a large patio courtyard. In a fantastic catchment area for both primary and secondary schools, with local amenities and transport links nearby, this property is sure to popular so call now to avoid disappointment!

Entrance Hall 
UPVC double glazed door, solar panel control, radiator and carpet.

Lounge 14' 3" into bay x 11' 8" max ( 4.34m into bay x 3.56m max )
UPVC double glazed bay window to front, gas fire, radiator, meter cupboard and carpet.

Dining Room 12' 11" x 10' 3" max ( 3.94m x 3.12m max )
UPVC double glazed window to rear, gas fire, radiator and carpet.

Kitchen 8' 9" x 6' 6" ( 2.67m x 1.98m )
Sink, part tiled walls, vinyl flooring and UPVC double glazed window to rear.

Basement 14' 7" x 11' 11" ( 4.45m x 3.63m )
Basement.

Office 8' 11" x 6' 10" ( 2.72m x 2.08m )
Boiler and UPVC double glazed window to rear.

Laundry Room 12' 6" x 10' 3" ( 3.81m x 3.12m )
Sink, UPVC double glazed window to rear and UPVC half double glazed door to rear.

Bedroom One 16' 4" max x 12' 3" max ( 4.98m max x 3.73m max )
Two UPVC double glazed windows to front, two fitted storage, radiator and carpet.

Bedroom Two 13' x 10' 2" max ( 3.96m x 3.10m max )
UPVC double glazed window to rear, radiator and carpet.

Bathroom 
WC, sink and bath with electric shower. Radiator, airing cupboard, vinyl flooring and UPVC double glazed window to rear.

Outside 

Rear Garden 
Patio courtyard, brick walls and wooden gate offering side access.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Jones & Chapman, Wallasey

0151 453 7997

Next Steps?

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