3 Bed Terraced House, Refurb/BRRR, Liverpool, L18 1LT, £230,000

Queensdale Road, Liverpool, Merseyside, L18 1LT - 2 views - 5 months ago

Refurb/BRRR

ROI: 1%

~93 m²

+12 photos

ValuationFair Value

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

Square Metres	~93 m²
Price/m²	£2.5K/m²
Value Estimate	£229,945£229,945

End Value (After Refurb)	£251,945£251,945
Uplift in Value	+10%+10%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£57,500£57,500
Stamp Duty & Legal Fees	£8,100£8,100
Refurb Costs	£39,324£39,324
Bridging Loan Interest	£6,038£6,038
Total Cash In	£112,712£112,712

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£251,945£251,945
Mortgage (After Refinance)	£188,959£188,959
Mortgage LTV	75%75%
Cash Released	£16,459£16,459
Cash Left In	£96,252£96,252
Equity	£62,986£62,986
Rent Range	£412 - £1,625£412 - £1,625
Rent Estimate	£1,158
Running Costs/mo	£1,039£1,039
Cashflow/mo	£119£119
Cashflow/yr	£1,429£1,429
ROI	1%1%
Gross Yield	6%6%

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.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£275K	02/23	0.02 mi	18, Queensdale Road, Liverpool, Merseyside L18 1LT	£3,056	90	3	Terraced House
£225K	08/21	0.02 mi	29, Queensdale Road, Mossley Hill, Liverpool, Merseyside L18 1LT	£2,744	82	3	Terraced House
£243K	10/21	0.02 mi	3, Queensdale Road, Mossley Hill, Liverpool, Merseyside L18 1LT	£2,887	84	3	Terraced House
£235K	01/21	0.02 mi	35, Queensdale Road, Mossley Hill, Liverpool, Merseyside L18 1LT	£2,701	87	3	Terraced House
£232.5K	09/21	0.02 mi	21, Queensdale Road, Liverpool, Merseyside L18 1LT	-	-	3	Terraced House
£275K	01/23	0.03 mi	9, Elmsdale Road, Liverpool, Merseyside L18 1LX	£3,313	83	3	Terraced House
£146K	06/23	0.03 mi	4, Kingsdale Road, Liverpool, Merseyside L18 1LD	£1,695	86	3	Terraced House
£215K	10/20	0.03 mi	8, Kingsdale Road, Liverpool, Merseyside L18 1LD	£2,560	84	3	Semi-Detached House
£246K	11/20	0.05 mi	5, Devondale Road, Liverpool, Merseyside L18 1LY	£2,733	90	3	Terraced House
£215K	05/21	0.07 mi	6, Carsdale Road, Mossley Hill, Liverpool, Merseyside L18 1LZ	£2,363	91	3	Terraced House
£368K	06/21	0.1 mi	26, Limedale Road, Liverpool, Merseyside L18 5JF	£2,898	127	3	Detached House
£345K	03/21	0.1 mi	31, Limedale Road, Mossley Hill, Liverpool, Merseyside L18 5JF	£3,750	92	3	Semi-Detached House
£275K	12/20	0.11 mi	1, Berbice Road, Liverpool, Merseyside L18 0HU	£3,161	87	3	Terraced House
£260K	11/20	0.12 mi	64, Plattsville Road, Liverpool, Merseyside L18 0HZ	£2,364	110	3	Terraced House
£250K	02/21	0.12 mi	40, Plattsville Road, Liverpool, Merseyside L18 0HZ	-	-	3	Terraced House
£264.5K	06/21	0.12 mi	3, Berbice Road, Liverpool, Merseyside L18 0HU	£2,950	90	3	Terraced House
£210K	06/21	0.13 mi	124, Barndale Road, Liverpool, Merseyside L18 1ER	-	-	3	Terraced House
£237K	02/21	0.13 mi	100, Barndale Road, Liverpool, Merseyside L18 1ER	£2,604	91	3	Terraced House
£276K	06/21	0.13 mi	90, Barndale Road, Liverpool, Merseyside L18 1ER	-	-	3	Terraced House
£270K	06/23	0.13 mi	104, Barndale Road, Liverpool, Merseyside L18 1ER	£2,389	113	3	Semi-Detached House
£240K	11/22	0.13 mi	2, Ashdale Road, Mossley Hill, Liverpool, Merseyside L18 1LU	£2,186	110	3	Terraced House
£270K	02/21	0.13 mi	51, Plattsville Road, Liverpool, Merseyside L18 0HY	-	-	3	Terraced House
£256.5K	12/20	0.14 mi	89, Herondale Road, Liverpool, Merseyside L18 1JZ	£2,850	90	3	Terraced House
£290K	03/23	0.16 mi	19, Cassville Road, Liverpool, Merseyside L18 0HT	-	-	3	Semi-Detached House
£247K	01/21	0.17 mi	10, Eardisley Road, Liverpool, Merseyside L18 0HS	£2,232	111	3	Terraced House
£285K	08/21	0.17 mi	17, Eardisley Road, Liverpool, Merseyside L18 0HS	£3,098	92	3	Terraced House
£200K	06/21	0.18 mi	37, Barndale Road, Liverpool, Merseyside L18 1EW	£2,288	87	3	Terraced House
£248.5K	05/21	0.18 mi	63, Barndale Road, Liverpool, Merseyside L18 1EW	-	-	3	Terraced House
£257.5K	02/23	0.18 mi	77, Barndale Road, Liverpool, Merseyside L18 1EW	£3,065	84	3	Semi-Detached House
£265K	12/20	0.18 mi	78, Herondale Road, Liverpool, Merseyside L18 1LB	£3,354	79	3	Semi-Detached House
£217.5K	11/20	0.18 mi	47, Kenyon Road, Liverpool, Merseyside L15 5BD	£2,112	103	3	Terraced House
£235.3K	04/23	0.18 mi	17, Kenyon Road, Liverpool, Merseyside L15 5BD	£2,504	94	3	Terraced House
£222K	03/23	0.18 mi	39, Kenyon Road, Liverpool, Merseyside L15 5BD	-	-	3	Terraced House
£235K	03/23	0.18 mi	45, Rosedale Road, Liverpool, Merseyside L18 5JD	£2,260	104	3	Terraced House
£230K	12/20	0.18 mi	13, Rosedale Road, Liverpool, Merseyside L18 5JD	£2,706	85	3	Semi-Detached House
£250K	06/21	0.19 mi	71, Elm Hall Drive, Liverpool, Merseyside L18 5HX	-	-	3	Terraced House
£350K	02/23	0.19 mi	73, Elm Hall Drive, Liverpool, Merseyside L18 5HX	£4,023	87	3	Terraced House
£356K	01/23	0.2 mi	30, Meredale Road, Liverpool, Merseyside L18 5EX	-	-	3	Detached House
£215K	06/21	0.2 mi	20, Bleasdale Road, Liverpool, Merseyside L18 5JB	£2,506	86	3	Terraced House
£293K	12/22	0.2 mi	39, Meredale Road, Liverpool, Merseyside L18 5EU	-	-	3	Semi-Detached House
£280K	04/21	0.21 mi	14, Hillside Road, Mossley Hill, Liverpool, Merseyside L18 2ED	£2,435	115	3	Terraced House
£230K	06/21	0.22 mi	20, Newcastle Road, Liverpool, Merseyside L15 9HP	-	-	3	Semi-Detached House
£207.5K	03/21	0.22 mi	26, Newcastle Road, Liverpool, Merseyside L15 9HP	£2,184	95	3	Terraced House
£225K	02/21	0.22 mi	17, Newcastle Road, Liverpool, Merseyside L15 9HP	£2,473	91	3	Terraced House
£218K	04/21	0.22 mi	27, Newcastle Road, Liverpool, Merseyside L15 9HP	£2,449	89	3	Terraced House
£230K	04/21	0.22 mi	16, Newcastle Road, Liverpool, Merseyside L15 9HP	£2,584	89	3	Terraced House
£242K	06/23	0.22 mi	43, Newcastle Road, Liverpool, Merseyside L15 9HP	£2,602	93	3	Terraced House
£225K	10/22	0.23 mi	48, Dudley Road, Mossley Hill, Liverpool, Merseyside L18 1ET	£2,206	102	3	Semi-Detached House
£214K	12/20	0.23 mi	28, Truro Road, Liverpool, Merseyside L15 9HW	£2,352	91	3	Terraced House
£255K	04/23	0.23 mi	38, Truro Road, Liverpool, Merseyside L15 9HW	£2,656	96	3	Terraced House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,150	09/24	0.03 mi	-	3	Terraced House
£1,000	05/24	0.03 mi	Kingsdale Road, L18 1LD	3	House
£1,100	03/25	0.1 mi	-	3	Terraced House
£1,400	05/24	0.1 mi	Plattsville Road, Allerton, L18	3	Terraced House
£1,530	03/25	0.11 mi	-	3	Terraced House
£1,500	05/24	0.14 mi	Herondale Road, L18	3	House
£1,200	05/24	0.14 mi	Mapledale Road, L18	3	House
£1,625	03/24	0.16 mi	-	3	Terraced House
£1,200	04/24	0.17 mi	Barndale Road, Liverpool, Merseyside, L18	3	Terraced House
£1,200	03/25	0.17 mi	-	3	Flat
£1,200	01/24	0.18 mi	-	3	Flat
£1,100	05/24	0.2 mi	Bleasdale Road, Liverpool.	3	House
£1,200	02/24	0.21 mi	-	3	Terraced House
£1,200	03/25	0.21 mi	-	3	Terraced House
£950	05/24	0.22 mi	Newcastle Road, Allerton/Wavertree, L15	3	Terraced House
£1,295	05/24	0.23 mi	Courtland Road, Allerton, Liverpool, L18 2EQ	3	Terraced House
£1,250	07/23	0.24 mi	-	3	Terraced House
£1,400	04/24	0.25 mi	Addingham Road, Mossley Hill, Liverpool, Merseyside, L18 2EW	3	Terraced House
£1,200	04/24	0.26 mi	Ramilies Road, Liverpool, L18	3	Terraced House
£1,400	03/25	0.28 mi	-	3	Terraced House
£1,000	06/24	0.28 mi	-	3	Terraced House
£1,600	05/24	0.28 mi	Wembley Road, Mossley Hill, L18	3	Semi-Detached House
£1,250	12/24	0.29 mi	-	3	Terraced House
£1,150	12/24	0.29 mi	-	3	Terraced House
£950	04/24	0.29 mi	Beechdale Road, Mossley Hill, Liverpool, L18 5EL	3	Terraced House
£975	05/24	0.3 mi	Fallowfield Road, Wavertree, Liverpool	3	House
£950	11/23	0.3 mi	-	3	Semi-Detached House
£1,100	05/24	0.32 mi	Ivydale Road, Liverpool	3	Terraced House
£925	04/24	0.33 mi	-	3	Terraced House
£975	12/24	0.33 mi	-	3	Terraced House
£1,200	12/24	0.33 mi	-	3	Terraced House
£1,350	12/24	0.33 mi	-	3	Terraced House
£1,200	03/25	0.34 mi	-	3	Terraced House
£1,400	12/24	0.34 mi	Karslake Road, LIVERPOOL	3	House
£1,250	06/24	0.34 mi	Loreburn Road, L15 9HD	3	House
£995	05/24	0.34 mi	Lichfield Road, L15	3	House
£1,400	05/24	0.34 mi	-	3	Terraced House
£1,400	05/24	0.34 mi	Barndale Road, Liverpool, L18	3	Terraced House
£995	04/24	0.35 mi	Freshfield Road, Wavertree, Liverpool, L15	3	Terraced House
£1,300	12/24	0.36 mi	-	3	Semi-Detached House
£1,200	01/25	0.36 mi	-	3	Semi-Detached House
£425	05/24	0.36 mi	Ramilies Road, Liverpool, L18	3	Flat
£1,100	12/24	0.36 mi	-	3	Terraced House
£995	05/24	0.36 mi	Gorsedale Road, Mossley Hill, Liverpool, L18 5EZ	3	Terraced House
£950	05/24	0.37 mi	Brierfield Road, Liverpool, L15 5BS	3	Terraced House
£1,150	04/24	0.37 mi	-	3	Terraced House
£1,200	05/24	0.37 mi	Belhaven Road, Mossley Hill, Liverpool, Merseyside, L18 1HH	3	Terraced House
£1,495	11/23	0.38 mi	-	3	Semi-Detached House
£1,278	05/24	0.38 mi	Smithdown Road, Liverpool, L15	3	Flat
£412	05/24	0.38 mi	Smithdown Road, Liverpool, L15	3	Flat

Local Area Statistics

Population in L18	26,89826,898
Population in Liverpool	675,519675,519
Town centre distance	5.56 miles away5.56 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.63 miles away0.63 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+21%+21%

Property History

Listed for £230,000

October 21, 2024

Floor Plans

Description

A Mid Terraced Property +
Popular Residential Location +
Wealth Of Potential Throughout +
In Need Of Modernisation +
Entrance Hall, Front Formal Lounge +
Rear Dining Room & Kitchen +
Three Well Proportioned Bedrooms +
Shower Room +
Walled & Gated Rear Yard +
Freehold, EPC Rating TBC, Council Tax Band B +

Sutton Kersh are delighted to offer for sale an opportunity to purchase an attractive mid terraced property situated in the heart of this established South Liverpool suburb of Allerton. The accommodation briefly comprises to the ground floor a welcoming reception hall offering access into a spacious formal lounge, a rear dining room and a kitchen. To the first floor there are three well proportioned bedrooms and a family shower room. The property would benefit from modernisation throughout. Externally there is a good sized yard accommodating a brick built out-house. To appreciate the accommodation and scope of potential on offer, a viewing is highly recommended.

Agent Details

Sutton Kersh, Allerton

0151 453 2272

Next Steps?

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

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