3 Bed Terraced House, Cash/Bridging Only, Liverpool, L19 1QY, £150,000

Lumley Street, Garston Park, Liverpool., L19 1QY - 6 months ago

Sold STC
Cash
ROI: 4%
~80 m²
+7 photos

ValuationFair Value

Sold Prices£130K - £359K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~79.70 m²
Price/m²£1.9K/m²

Value Estimate

£153,000

 

 

End Value (After Refurb)

£171,247

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£33,594

Bridging Loan Interest

£3,938

Total Cash In

£85,981

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£171,247

Mortgage (After Refinance)

£128,435

Mortgage LTV

75%

Cash Released

£15,935

Cash Left In

£70,046

Equity

£42,812

Rent Range

£750 - £2,000

Rent Estimate

£1,095

Running Costs/mo

£774

Cashflow/mo

£321

Cashflow/yr

£3,850

ROI

4%

Gross Yield

9%

Local Sold Prices

52 sold prices from £130K to £359K, average is £201K. £1.3K/m² to £3.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£185K06/210 mi23, Lumley Street, Liverpool, Merseyside L19 1QY3
£164K03/210 mi9, Lumley Street, Liverpool, Merseyside L19 1QY3
£175K09/210.03 mi60, Duncombe Road South, Liverpool, Merseyside L19 1QJ3
£193K11/210.03 mi24, Duncombe Road South, Liverpool, Merseyside L19 1QJ3
£165K11/200.04 mi22, Stormont Road, Allerton, Liverpool, Merseyside L19 1QG3
£220K05/210.04 mi51, Stormont Road, Allerton, Liverpool, Merseyside L19 1QG3
£160K02/210.05 mi1, Bowden Road, Liverpool, Merseyside L19 1QN3
£135K02/210.05 mi37, Bowden Road, Liverpool, Merseyside L19 1QN3
£165K12/200.06 mi10, Whitehedge Road, Liverpool, Merseyside L19 1RY3
£241K06/230.06 mi18, Whitehedge Road, Liverpool, Merseyside L19 1RY3
£185K11/200.06 mi55, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£215K04/230.06 mi27, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£219K07/230.06 mi17, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£219K07/230.06 mi17, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£162.5K02/210.1 mi43, Belper Street, Liverpool, Merseyside L19 1RQ3
£181.4K10/200.1 mi71, Lumley Street, Liverpool, Merseyside L19 1QZ3
£207K03/230.1 mi70, Lumley Street, Liverpool, Merseyside L19 1QZ3
£285K06/210.13 mi11, Lovelace Road, Liverpool, Merseyside L19 1QE3
£280K06/210.13 mi7, Lovelace Road, Liverpool, Merseyside L19 1QE3
£220K10/200.14 mi254, Garston Old Road, Liverpool, Merseyside L19 1QL3
£195K05/210.14 mi192, Garston Old Road, Liverpool, Merseyside L19 1QL3
£185K09/210.15 mi69, Bowden Road, Liverpool, Merseyside L19 1QW3
£190K06/230.15 mi75, Bowden Road, Liverpool, Merseyside L19 1QW3
£150K05/210.15 mi17, Wainwright Grove, Liverpool, Merseyside L19 2LH3
£160K05/230.15 mi12, Wainwright Grove, Liverpool, Merseyside L19 2LH3
£235K11/220.16 mi77, Bowden Road, Liverpool, Merseyside L19 1QW3
£215K02/230.17 mi188, Garston Old Road, Liverpool, Merseyside L19 1QL3
£302K11/200.18 mi12, Torrington Road, Liverpool, Merseyside L19 0NN3
£310K01/210.18 mi6, Torrington Road, Liverpool, Merseyside L19 0NN3
£334.1K03/210.18 mi152, Garston Old Road, Liverpool, Merseyside L19 9AQ3
£224K10/200.19 mi11, Kintore Road, Liverpool, Merseyside L19 0NL3
£175K07/230.21 mi4, Earp Street, Liverpool, Merseyside L19 1RT3
£175K07/230.21 mi4, Earp Street, Liverpool, Merseyside L19 1RT3
£160K04/210.21 mi6, Bennett Street, Liverpool, Merseyside L19 2NE3
£315K12/200.21 mi101, Garston Old Road, Liverpool, Merseyside L19 9AE3
£265K11/200.22 mi15, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£236K04/210.22 mi36, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£359K11/210.22 mi42, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£300K05/230.22 mi5, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£295K03/230.22 mi15, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£132.9K11/200.24 mi23, Mcbride Street, Liverpool, Merseyside L19 2ND3
£150.3K04/210.24 mi11, Mcbride Street, Liverpool, Merseyside L19 2ND3
£130K04/230.26 mi52, Clifton Street, Liverpool, Merseyside L19 2NB3
£235K12/220.27 mi22, Teignmouth Close, Liverpool, Merseyside L19 2HW3
£317.5K11/200.28 mi8, South Bank Road, Garston, Liverpool, Merseyside L19 9AR3
£140K01/210.29 mi5, Moss Street, Garston, Liverpool, Merseyside L19 2NA3
£225K02/210.3 mi19, Kings Lynn Drive, Liverpool, Merseyside L19 2HQ3
£227.5K03/210.3 mi2, Kings Lynn Drive, Liverpool, Merseyside L19 2HQ3
£220K09/210.3 mi26, Kings Lynn Drive, Liverpool, Merseyside L19 2HQ3
£148K02/210.31 mi20, Palmerston Road, Garston, Liverpool, Merseyside L19 1RN3
£155K04/210.31 mi24, Palmerston Road, Garston, Liverpool, Merseyside L19 1RN3
£175K11/220.31 mi28, Palmerston Road, Garston, Liverpool, Merseyside L19 1RN3

Local Rents

28 rents from £750/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£80001/240.05 mi-3
£95004/240.1 miStormont Road, Liverpool, Merseyside, L193
£1,10005/240.13 miCalthorpe Street, Allerton, L193
£75006/240.19 miSt Marys Road, Garston3
£87501/240.24 mi-3
£1,10005/240.27 miTeignmouth Close, Liverpool3
£89510/230.27 miSt. Marys Road, Liverpool, Merseyside, L193
£85010/230.27 miSt. Marys Road,Garston,Liverpool,L193
£1,35005/240.28 miIpswich Close, Liverpool, Merseyside, L193
£1,35005/240.29 miIpswich Close, Garston, Liverpool, Merseyside, L19 2HP3
£1,10005/240.29 miSouthampton Drive, Liverpool, L193
£75003/250.33 mi-3
£90005/240.34 mi2 Jackson Street3
£90005/240.34 mi2 Jackson Street3
£99504/240.34 miFletcher Drive,Aigburth,Liverpool,L193
£2,00001/240.41 mi-3
£75012/230.43 mi-3
£1,20005/240.43 mi-3
£1,20002/250.43 mi-3
£1,20003/240.43 mi-3
£1,50004/240.45 miFairacre Road, Liverpool, Merseyside, L193
£1,10001/250.45 mi-3
£1,30011/240.5 mi-3
£1,50003/250.5 mi-3
£1,25010/240.53 mi-3
£1,00005/240.58 miAigburth Hall Road, Liverpool3
£1,00003/240.58 mi-3
£1,00004/250.59 mi-3

Local Area Statistics

Population in L19

23,769

Population in Liverpool

675,519

Town centre distance

7.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £150,000

October 19, 2024

Floor Plans

Description

  • A Mid Terraced Property +
  • Entrance Hall +
  • Front Lounge +
  • Rear Dining Room +
  • Kitchen +
  • Three Bedrooms +
  • Shower Room +
  • Double Glazed & Gas Central Heating +
  • Rear Yard +
  • No Onward Chain +

The accommodation briefly comprises; entrance hall, front lounge, dining room and kitchen with patio door access to the rear yard. To the first floor there are three bedrooms and a modern shower room.

Externally to the rear of the property is a flagged yard which offers a private outdoor space. This property is packed with potential and would be an ideal project for those looking to create a modern home or adding value and is ideal for cash buyers or investors.

The property itself is situated in a highly sought after and established suburb of Garston Park, being served by a wealth of amenities and surrounded by plentiful green space. The property is well placed for a wide range of amenities and shopping at Garston Village, Garston Old Road, Aigburth Road, Hunts Cross Shopping Centre and Mersey Estuary Retail Park.

There is popular schooling in the area across all age ranges and a good local transport service via both road and rail, Liverpool South Parkway is only a short distance away.

Recreational facilities can be enjoyed within close proximity at Garston Sports Centre and Garston Park in addition to the ever popular Otterspool Park and Promenade being a short distance away. Major road and motorway links are close by bringing Liverpool City Centre, the Liverpool John Lennon Airport and many further conurbations to within easy reach.

Council Tax Band: B
Tenure: Freehold

Agent Details

Find Your Eden Limited, Liverpool

0151 312 8288

Next Steps?

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