2 Bed Terraced House, Refurb/BRRR, Liverpool, L19 8ER, £95,000

York Street, Garston, Liverpool, L19 8ER - 7 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£85K - £202K
Sold Prices/m²£1.3K/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£102,000
BMV2%

 

 

End Value (After Refurb)

£124,674

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£28,709

Bridging Loan Interest

£2,494

Total Cash In

£60,903

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£124,674

Mortgage (After Refinance)

£93,506

Mortgage LTV

75%

Cash Released

£22,256

Cash Left In

£38,647

Equity

£31,169

Rent Range

£528 - £895

Rent Estimate

£809

Running Costs/mo

£571

Cashflow/mo

£238

Cashflow/yr

£2,851

ROI

5%

Gross Yield

10%

Local Sold Prices

38 sold prices from £85K to £202K, average is £136K. £1.3K/m² to £3.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£98K09/210.01 mi75, York Street, Garston, Liverpool, Merseyside L19 8ER2
£127K02/210.1 mi56, Chesterton Street, Liverpool, Merseyside L19 8LB2
£101K11/220.11 mi31, Lincoln Street, Liverpool, Merseyside L19 8LE2
£105K10/210.12 mi44, York Way, Garston, Liverpool, Merseyside L19 8JS2
£138.5K10/200.19 mi18, Otway Close, Liverpool, Merseyside L19 8HU2
£150K08/210.29 mi5, Vesta Road, Liverpool, Merseyside L19 2RS2
£105K07/210.56 mi11, Meredith Street, Liverpool, Merseyside L19 2PR2
£121.3K04/230.56 mi3, Meredith Street, Liverpool, Merseyside L19 2PR2
£127K11/220.56 mi1, Meredith Street, Liverpool, Merseyside L19 2PR2
£110K01/210.58 mi16, Vineyard Street, Liverpool, Merseyside L19 2PU2
£177K07/230.6 mi62, Horrocks Avenue, Garston, Liverpool, Merseyside L19 5NZ2
£146K06/230.6 mi35, Chapel Road, Garston, Liverpool, Merseyside L19 2LE2
£111K03/210.6 mi33, Chapel Road, Garston, Liverpool, Merseyside L19 2LE2
£134K03/230.6 mi37, Chapel Road, Garston, Liverpool, Merseyside L19 2LE2
£121K11/220.63 mi11, Belmont Place, Liverpool, Merseyside L19 5PB2
£110K11/210.68 mi7, Clifton Street, Liverpool, Merseyside L19 2NB2
£128.5K06/230.68 mi15, Clifton Street, Liverpool, Merseyside L19 2NB2
£130K03/210.68 mi31, Clifton Street, Liverpool, Merseyside L19 2NB2
£143K01/230.69 mi40, Clifton Street, Liverpool, Merseyside L19 2NB2
£133K06/210.71 mi17, Argyle Road, Garston, Liverpool, Merseyside L19 1RP2
£141.5K03/210.76 mi33, Seddon Road, Liverpool, Merseyside L19 2LJ2
£135K12/200.76 mi35, Seddon Road, Liverpool, Merseyside L19 2LJ2
£115K02/210.76 mi3, Seddon Road, Liverpool, Merseyside L19 2LJ2
£155K01/230.77 mi25, Wainwright Grove, Liverpool, Merseyside L19 2LH2
£155.1K06/210.87 mi19, Ebrington Street, Liverpool, Merseyside L19 1QT2
£140K06/210.89 mi33, Basing Street, Liverpool, Merseyside L19 1QS2
£142K10/210.89 mi10, Basing Street, Liverpool, Merseyside L19 1QS2
£85K02/210.89 mi17, Basing Street, Liverpool, Merseyside L19 1QS2
£150K10/210.9 mi17, Belper Street, Liverpool, Merseyside L19 1RG2
£118K10/200.91 mi11, Bellmore Street, Liverpool, Merseyside L19 1QR2
£159K03/230.91 mi13, Bellmore Street, Liverpool, Merseyside L19 1QR2
£175K01/230.92 mi9, Calthorpe Street, Liverpool, Merseyside L19 1RE2
£165K04/230.92 mi12, Calthorpe Street, Liverpool, Merseyside L19 1RE2
£202K01/230.96 mi3, Southmead Gardens, Liverpool, Merseyside L19 5NJ2
£175K11/210.99 mi243, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2
£144K03/210.99 mi245, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2
£143.2K12/200.99 mi233, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2
£137K10/200.99 mi205, St Marys Road, Garston, Liverpool, Merseyside L19 0NE2

Local Rents

27 rents from £528/mo to £895/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85005/240.47 mi-2
£85005/240.47 mi-2
£85005/240.47 miBravery Court, Liverpool, L192
£85005/240.47 miBravery Court, Liverpool, L192
£75004/240.49 miBravery Court, Liverpool, Merseyside, L192
£85003/250.5 mi-2
£89505/240.51 miLowbridge Court, Garston, Liverpool, L192
£89505/240.51 miLowbridge Court, Garston, Liverpool, L192
£89505/240.51 miLowbridge Court, Garston, Liverpool, L192
£89505/240.51 miLowbridge Court, Garston, Liverpool, L192
£89505/240.51 miLowbridge Court, Garston, Liverpool, L192
£89506/240.51 miLowbridge Court, Garston, Liverpool, L192
£89504/240.51 mi-2
£89506/240.51 mi-2
£85004/240.51 mi-2
£75005/240.53 miLowbridge2
£80001/250.53 mi-2
£85001/250.53 mi-2
£80004/240.57 mi-2
£80004/240.57 miLowbridge Court, Garston, Liverpool, L192
£75001/240.57 mi-2
£52804/240.58 miWoolton Road, Liverpool, Merseyside, L192
£52805/240.58 miWoolton Road, Liverpool, Merseyside, L192
£70004/240.59 miJackson Street 2
£70005/240.59 mi2 Jackson Street, Apartment 142
£89505/240.59 mi-2
£89505/240.59 miVineyard Street, Liverpool, L192

Local Area Statistics

Population in L19

23,769

Population in Liverpool

675,519

Town centre distance

8.46 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Price changed to £95,000

February 4, 2025

Listed for £100,000

October 23, 2024

Description

  • End Terraced House +
  • Through Lounge +
  • Two Bedrooms +
  • Double Glazed Windows +
  • Gas Central Heating +
  • In Need Of Modernisation +
  • No Chain Delay +

NB. This property is exclusively available to OWNER OCCUPIERS for the first Six weeks of marketing after which the property will additionally be marketed to PRIVATE LANDLORDS accredited by the relevant local authority.

Sutton Kersh are advertising to the open sales market this two bedroom end terraced house in need of modernisation. The property briefly comprises to the ground floor, entrance vestibule, through lounge and kitchen. To the first floor there are two bedrooms and family bathroom and to the outside there is a rear yard. The property further benefits from double glazed windows and gas central heating making this a great purchase offered with no chain. Call our local high street branch today to gain more information or to book a viewing.

Agent Details

Sutton Kersh, City Centre

0151 453 0671

Next Steps?

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