3 Bed Terraced House, Refurb/BRRR, Liverpool, L18 1LX, £255,000

28 Elmsdale Road, Liverpool, Merseyside, L18 1LX - 2 views - 6 months ago

Under Offer
Refurb/BRRR
ROI: 1%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£146K - £368K
Sold Prices/m²£1.7K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£230,079

 

 

End Value (After Refurb)

£251,576

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£9,100

Refurb Costs

£39,324

Bridging Loan Interest

£6,694

Total Cash In

£120,618

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£251,576

Mortgage (After Refinance)

£188,682

Mortgage LTV

75%

Cash Left In

£120,618

Equity

£62,894

Rent Range

£412 - £1,625

Rent Estimate

£1,158

Running Costs/mo

£1,038

Cashflow/mo

£120

Cashflow/yr

£1,443

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £146K to £368K, average is £244.5K. £1.7K/m² to £4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£275K01/230.01 mi9, Elmsdale Road, Liverpool, Merseyside L18 1LX3
£225K08/210.02 mi29, Queensdale Road, Mossley Hill, Liverpool, Merseyside L18 1LT3
£243K10/210.02 mi3, Queensdale Road, Mossley Hill, Liverpool, Merseyside L18 1LT3
£235K01/210.02 mi35, Queensdale Road, Mossley Hill, Liverpool, Merseyside L18 1LT3
£232.5K09/210.02 mi21, Queensdale Road, Liverpool, Merseyside L18 1LT3
£275K02/230.03 mi18, Queensdale Road, Liverpool, Merseyside L18 1LT3
£246K11/200.03 mi5, Devondale Road, Liverpool, Merseyside L18 1LY3
£146K06/230.03 mi4, Kingsdale Road, Liverpool, Merseyside L18 1LD3
£215K10/200.03 mi8, Kingsdale Road, Liverpool, Merseyside L18 1LD3
£215K05/210.06 mi6, Carsdale Road, Mossley Hill, Liverpool, Merseyside L18 1LZ3
£210K06/210.11 mi124, Barndale Road, Liverpool, Merseyside L18 1ER3
£237K02/210.11 mi100, Barndale Road, Liverpool, Merseyside L18 1ER3
£276K06/210.11 mi90, Barndale Road, Liverpool, Merseyside L18 1ER3
£270K06/230.11 mi104, Barndale Road, Liverpool, Merseyside L18 1ER3
£240K11/220.11 mi2, Ashdale Road, Mossley Hill, Liverpool, Merseyside L18 1LU3
£368K06/210.11 mi26, Limedale Road, Liverpool, Merseyside L18 5JF3
£345K03/210.11 mi31, Limedale Road, Mossley Hill, Liverpool, Merseyside L18 5JF3
£256.5K12/200.12 mi89, Herondale Road, Liverpool, Merseyside L18 1JZ3
£275K12/200.12 mi1, Berbice Road, Liverpool, Merseyside L18 0HU3
£264.5K06/210.12 mi3, Berbice Road, Liverpool, Merseyside L18 0HU3
£260K11/200.13 mi64, Plattsville Road, Liverpool, Merseyside L18 0HZ3
£250K02/210.13 mi40, Plattsville Road, Liverpool, Merseyside L18 0HZ3
£270K02/210.15 mi51, Plattsville Road, Liverpool, Merseyside L18 0HY3
£200K06/210.15 mi37, Barndale Road, Liverpool, Merseyside L18 1EW3
£248.5K05/210.15 mi63, Barndale Road, Liverpool, Merseyside L18 1EW3
£257.5K02/230.15 mi77, Barndale Road, Liverpool, Merseyside L18 1EW3
£265K12/200.16 mi78, Herondale Road, Liverpool, Merseyside L18 1LB3
£290K03/230.17 mi19, Cassville Road, Liverpool, Merseyside L18 0HT3
£217.5K11/200.17 mi47, Kenyon Road, Liverpool, Merseyside L15 5BD3
£235.3K04/230.17 mi17, Kenyon Road, Liverpool, Merseyside L15 5BD3
£222K03/230.17 mi39, Kenyon Road, Liverpool, Merseyside L15 5BD3
£247K01/210.18 mi10, Eardisley Road, Liverpool, Merseyside L18 0HS3
£285K08/210.18 mi17, Eardisley Road, Liverpool, Merseyside L18 0HS3
£356K01/230.18 mi30, Meredale Road, Liverpool, Merseyside L18 5EX3
£235K03/230.19 mi45, Rosedale Road, Liverpool, Merseyside L18 5JD3
£230K12/200.19 mi13, Rosedale Road, Liverpool, Merseyside L18 5JD3
£250K06/210.19 mi71, Elm Hall Drive, Liverpool, Merseyside L18 5HX3
£350K02/230.19 mi73, Elm Hall Drive, Liverpool, Merseyside L18 5HX3
£293K12/220.19 mi39, Meredale Road, Liverpool, Merseyside L18 5EU3
£215K06/210.2 mi20, Bleasdale Road, Liverpool, Merseyside L18 5JB3
£225K10/220.21 mi48, Dudley Road, Mossley Hill, Liverpool, Merseyside L18 1ET3
£280K04/210.22 mi14, Hillside Road, Mossley Hill, Liverpool, Merseyside L18 2ED3
£208.5K06/210.23 mi36, Dudley Road, Mossley Hill, Liverpool, Merseyside L18 1ET3
£230K06/210.23 mi20, Newcastle Road, Liverpool, Merseyside L15 9HP3
£207.5K03/210.23 mi26, Newcastle Road, Liverpool, Merseyside L15 9HP3
£225K02/210.23 mi17, Newcastle Road, Liverpool, Merseyside L15 9HP3
£218K04/210.23 mi27, Newcastle Road, Liverpool, Merseyside L15 9HP3
£230K04/210.23 mi16, Newcastle Road, Liverpool, Merseyside L15 9HP3
£242K06/230.23 mi43, Newcastle Road, Liverpool, Merseyside L15 9HP3
£295K12/220.24 mi47, Ramilies Road, Liverpool, Merseyside L18 1EE3

Local Rents

50 rents from £412/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15009/240.02 mi-3
£1,00005/240.03 miKingsdale Road, L18 1LD3
£1,10003/250.11 mi-3
£1,40005/240.12 miPlattsville Road, Allerton, L183
£1,50005/240.12 miHerondale Road, L183
£1,53003/250.12 mi-3
£1,20005/240.14 miMapledale Road, L183
£1,20004/240.15 miBarndale Road, Liverpool, Merseyside, L183
£1,20003/250.17 mi-3
£1,62503/240.17 mi-3
£1,20001/240.17 mi-3
£1,10005/240.2 miBleasdale Road, Liverpool.3
£95005/240.23 miNewcastle Road, Allerton/Wavertree, L153
£1,20002/240.23 mi-3
£1,20003/250.23 mi-3
£1,20004/240.24 miRamilies Road, Liverpool, L183
£1,29505/240.24 miCourtland Road, Allerton, Liverpool, L18 2EQ3
£1,25007/230.25 mi-3
£1,00006/240.26 mi-3
£1,25012/240.27 mi-3
£1,40004/240.27 miAddingham Road, Mossley Hill, Liverpool, Merseyside, L18 2EW3
£95004/240.28 miBeechdale Road, Mossley Hill, Liverpool, L18 5EL3
£1,15012/240.29 mi-3
£97505/240.29 miFallowfield Road, Wavertree, Liverpool3
£1,60005/240.29 miWembley Road, Mossley Hill, L183
£1,40003/250.29 mi-3
£1,10005/240.3 miIvydale Road, Liverpool3
£1,20012/240.31 mi-3
£1,35012/240.31 mi-3
£95011/230.31 mi-3
£92504/240.31 mi-3
£97512/240.31 mi-3
£1,40012/240.32 miKarslake Road, LIVERPOOL3
£1,40005/240.32 mi-3
£1,40005/240.32 miBarndale Road, Liverpool, L183
£1,30012/240.34 mi-3
£1,20001/250.34 mi-3
£42505/240.34 miRamilies Road, Liverpool, L183
£1,10012/240.34 mi-3
£99504/240.35 miFreshfield Road, Wavertree, Liverpool, L153
£99505/240.35 miGorsedale Road, Mossley Hill, Liverpool, L18 5EZ3
£1,15004/240.35 mi-3
£1,20004/250.35 mi-3
£1,20005/240.35 miBelhaven Road, Mossley Hill, Liverpool, Merseyside, L18 1HH3
£1,25006/240.35 miLoreburn Road, L15 9HD3
£99505/240.35 miLichfield Road, L153
£95005/240.35 miBrierfield Road, Liverpool, L15 5BS3
£1,27805/240.36 miSmithdown Road, Liverpool, L153
£41205/240.36 miSmithdown Road, Liverpool, L153
£1,20004/240.37 miGorsdale Road, Allerton, Liverpool3

Local Area Statistics

Population in L18

26,898

Population in Liverpool

675,519

Town centre distance

5.56 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £255,000

October 18, 2024

Sold for £47,000

1997

Floor Plans

Description

  • Promising Three Bedroom Mid Terrace Property +
  • Enviable Location in the Desirable Mossley Hill +
  • Well-Proportioned & Brimming With Potential +
  • Entrance Hall & Spacious Bay-Fronted Lounge +
  • Second Substantial Reception Room & Kitchen +
  • Two Bright & Generously Sized Double Rooms +
  • Single Bedroom & Three-Piece Bathroom Suite +
  • Low-Maintenance Enclosed Yard to the Rear +

Enjoying a prime location on Elmsdale Road in the heart of the highly desirable area of Mossley Hill, L18, is this promising three bedroom mid terrace home, welcomed to the sales market by appointed agents Move Residential. The property offers generous living proportions which are bursting with potential throughout and is ready and waiting to be purchased by a lucky buyer who will put their own stamp on it.
Following through the entrance hall you are guided into a spacious lounge, which is awash with natural light courtesy of a bay window. Boasting wonderfully high ceilings and attractive wood flooring this promises to make a welcoming space to relax and unwind. This is followed by a second substantial reception room providing the ideal area for enjoying family mealtimes, leading through to a sizable kitchen which offers plenty of scope for modernisation.
Continuing up to the first floor you will discover two generously sized double bedrooms along with a well-proportioned single room, each receiving an abundance of natural light with the master bedroom enjoying a bay window. Adding the finishing touch to the interior of this home is a three-piece family bathroom suite featuring a roll-top bathtub.
Externally, the property further benefits from a low-maintenance enclosed yard to the rear.
A viewing is highly recommended to fully appreciate the exciting possibilities that this home has to offer.

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 💪