3 Bed Terraced House, Refurb/BRRR, Bootle, L20 9ND, £100,000

261 Bedford Road, Bootle, Merseyside, L20 9ND - 5 views - 5 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 5%
104 m²
+2 photos

ValuationOvervalued

Sold Prices£40K - £260.1K
Sold Prices/m²£440/m² - £1.7K/m²

 

 

Square Metres

104 m²
Price/m²£962/m²

Value Estimate

£92,048

 

 

End Value (After Refurb)

£106,419

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£43,837

Bridging Loan Interest

£2,625

Total Cash In

£77,412

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£106,419

Mortgage (After Refinance)

£79,814

Mortgage LTV

75%

Cash Released

£4,814

Cash Left In

£72,598

Equity

£26,605

Rent Range

£533 - £2,000

Rent Estimate

£850

Running Costs/mo

£523

Cashflow/mo

£327

Cashflow/yr

£3,929

ROI

5%

Gross Yield

10%

Local Sold Prices

50 sold prices from £40K to £260.1K, average is £88.5K. £440/m² to £1.7K/m², average is £967/m².

PriceDateDistanceAddressBeds 
£132.5K12/220 mi259, Bedford Road, Bootle, Merseyside L20 9ND3
£85K11/200.02 mi18, Clare Road, Bootle, Merseyside L20 9NA3
£130K11/220.02 mi50, Clare Road, Bootle, Merseyside L20 9NA3
£88K08/210.03 mi85, Clare Road, Bootle, Merseyside L20 9LZ3
£90K07/210.04 mi88, Downing Road, Bootle, Merseyside L20 9LX3
£90K07/210.05 mi88, Downing Road, Bootle, Merseyside L20 9LX3
£70K10/200.05 mi88, Downing Road, Bootle, Merseyside L20 9LX3
£85K11/200.05 mi66, Downing Road, Bootle, Merseyside L20 9LX3
£49K03/210.07 mi72, Antonio Street, Bootle, Merseyside L20 2EU3
£95K03/210.08 mi88, Gonville Road, Bootle, Merseyside L20 9LR3
£130K07/230.08 mi90, Gonville Road, Bootle, Merseyside L20 9LR3
£40K01/210.08 mi35, Cambridge Road, Bootle, Merseyside L20 9LE3
£145K11/220.08 mi102, Gonville Road, Bootle, Merseyside L20 9LR3
£83K12/200.09 mi14, Southport Road, Bootle, Merseyside L20 9NR3
£110K05/210.11 mi145, Carisbrooke Road, Bootle, Merseyside L20 9NL3
£106K12/200.11 mi169, Carisbrooke Road, Bootle, Merseyside L20 9NL3
£84K04/210.11 mi66, Sidney Road, Bootle, Merseyside L20 9LH3
£86.5K02/210.12 mi80, Cambridge Road, Bootle, Merseyside L20 9LQ3
£90K08/230.14 mi84, Bedford Road, Liverpool, Merseyside L4 5PZ3
£110K10/210.14 mi24, Gonville Road, Bootle, Merseyside L20 9LP3
£99K11/210.15 mi26, Antonio Street, Bootle, Merseyside L20 2EY3
£105K01/210.15 mi34, St Austells Road, Walton, Liverpool, Merseyside L4 5QP3
£80K11/220.16 mi20, Sidney Road, Bootle, Merseyside L20 9LD3
£91.5K03/210.16 mi16, Sidney Road, Bootle, Merseyside L20 9LD3
£84K03/210.19 mi68, Peter Road, Liverpool, Merseyside L4 3RU3
£117.5K04/230.21 mi42, Hale Road, Walton, Liverpool, Merseyside L4 3RW3
£105K03/210.23 mi17, Fernhill Way, Bootle, Merseyside L20 9JU3
£70K06/210.24 mi65, Roxburgh Street, Liverpool, Merseyside L4 3SZ3
£165K05/230.25 mi3, Aldams Grove, Liverpool, Merseyside L4 3TT3
£89K05/230.28 mi28, Stuart Road, Walton, Liverpool, Merseyside L4 5QU3
£99.5K02/230.29 mi7, Bride Street, Liverpool, Merseyside L4 5QJ3
£68.5K12/200.29 mi135, Makin Street, Walton, Liverpool, Merseyside L4 5QF3
£85K05/210.29 mi43, Dunluce Street, Liverpool, Merseyside L4 3RG3
£130K10/210.3 mi27, Makin Street, Walton, Liverpool, Merseyside L4 5QE3
£85K11/200.3 mi7, Makin Street, Walton, Liverpool, Merseyside L4 5QE3
£90K06/230.3 mi112, Delamore Street, Liverpool, Merseyside L4 3SX3
£80K01/210.33 mi54, Arundel Street, Walton, Liverpool, Merseyside L4 3RS3
£59.5K01/210.33 mi56, Arundel Street, Walton, Liverpool, Merseyside L4 3RS3
£67K10/210.33 mi11, Olney Street, Walton, Liverpool, Merseyside L4 5QN3
£88K06/230.34 mi43, Roxburgh Street, Liverpool, Merseyside L4 3SY3
£110K05/210.35 mi12, Dumbarton Street, Liverpool, Merseyside L4 3RR3
£87.5K01/210.35 mi39, Dumbarton Street, Liverpool, Merseyside L4 3RR3
£74.5K03/210.35 mi41, Dumbarton Street, Liverpool, Merseyside L4 3RR3
£260.1K10/220.37 mi5, Hatfield Road, Bootle, Merseyside L20 9EP3
£85K03/210.37 mi11, Tees Street, Liverpool, Merseyside L4 3TS3
£85.5K03/210.37 mi25, Astor Street, Liverpool, Merseyside L4 5RR3
£146K04/210.37 mi12, Hatfield Road, Bootle, Merseyside L20 9EP3
£86K01/210.37 mi12, Pym Street, Liverpool, Merseyside L4 5TH3
£95K04/230.38 mi35, Romley Street, Liverpool, Merseyside L4 5TD3
£85K02/230.38 mi10, Trevelyan Street, Liverpool, Merseyside L9 1EL3

Local Rents

51 rents from £533/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£72502/240.06 mi-3
£82504/240.07 miAntonio Street, Bootle, Bootle, L203
£75004/240.07 mi-3
£55012/240.1 mi-3
£85012/240.1 mi-3
£85012/240.11 mi-3
£80012/240.11 mi-3
£85005/240.11 miSidney Road, L20 9LH ***AVAILABLE WITH ZERO DEPOSIT***3
£85005/240.13 miDowning Road, Bootle, Liverpool, L203
£89505/240.14 miDowning Road, L203
£85004/240.14 miGonville Road, Bootle, L20 9LP3
£85002/240.15 mi-3
£85012/240.15 mi-3
£85004/240.16 mi-3
£53304/240.16 mi22 Sidney Road, Bootle, Merseyside, L203
£87502/250.17 mi-3
£79505/240.17 miSidney Road, Bootle, Merseyside, L203
£89508/240.17 miBellamy Road, Liverpool3
£1,20002/240.18 mi-3
£1,20002/250.18 mi-3
£80005/240.18 miBellamy Road, Liverpool3
£89508/240.18 miBellamy Road, L43
£89508/240.18 miBellamy Road, L43
£85008/240.19 miHahnemann Road, Liverpool, L43
£88511/240.19 mi-3
£75005/240.19 miHahnemann Road, Liverpool, Merseyside, L43
£90007/240.2 miMargaret Road, Walton L4 3RX3
£85007/240.2 miMargaret Road, L43
£87501/250.2 mi-3
£85002/250.2 mi-3
£85007/240.21 mi-3
£75006/240.23 mi-3
£85006/240.23 miDelamore Street, Kirkdale, Merseyside, L43
£1,10009/240.27 mi-3
£85008/240.28 miDunluce Street, Liverpool, Merseyside, L43
£85004/240.28 miBroadbelt St, L43
£87512/240.28 miOlivia Street, Bootle, L203
£80012/240.28 mi-3
£1,10012/240.29 mi-3
£70003/240.29 mi-3
£82508/240.3 miChirkdale Street, Liverpool3
£79506/240.3 miDunluce Street, Merseyside3
£85012/240.31 mi-3
£77502/240.31 mi-3
£2,00006/240.31 mi-3
£75007/240.31 mi-3
£75007/240.31 miChepstow Street, Liverpool, L43
£75007/240.31 miChepstow Street, Liverpool, L43
£75007/240.31 miChepstow Street, Liverpool, L43
£72504/240.32 miOlney Street, Walton, Liverpool, L43
£88907/240.32 mi-3

Local Area Statistics

Population in L20

31,316

Population in Bootle

51,353

Town centre distance

1.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £100,000

October 28, 2024

Sold for £85,000

2007

Sold for £59,000

2006

Description

  • No Onward Chain +
  • Three Bedrooms +
  • Rental Potential of £10,200 Per Annum +
  • Through Reception Rooms +
  • Kitchen / Dining Area +
  • Rear Yard +
  • Leasehold - Ground rent £3.36 per annum with 878 years remaining on the lease. +
  • EPC Rating - C +
  • Council Tax Band - A +

* Ideal Investment or Family Home - No Onward Chain *

LYONS ESTATES are pleased to bring to the market, this three bedroom, mid terraced property in the popular location of Bootle, L20. This location offers great transport links and is close to local amenities.

In need of some modernisation, this is an ideal property to come and put your own stamp on and make your own!

To the ground floor, there is the entrance hall, which has an under stairs storage cupboard and holds the stairs to the first floor. There are two spacious reception areas, which are open plan and separated by an archway, there is also a bay window to the front offering ample natural light. The family kitchen/dining area has fitted wall and base units and has a fitted gas hob, cooker and extractor fan over.

To the first floor are the three bedrooms, two of which are doubles while the third is a good size single and houses the boiler. All are complete with carpet flooring, radiators and have uPVC double glazed windows. The family bathroom is also located here and comprises of bath, low level W/C, wash basin and has been finished with part tiled walls.

To the rear is the spacious yard, which can be accessed from the kitchen.

This is an ideal investment as it has a rental potential of £10,200 per annum.

Don't miss out, contact LYONS ESTATES to arrange a viewing!

PROPERTY MISDESCRIPTIONS ACT 1991"The Agent has not tested any apparatus, equipment, fixture, fittings or services, and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect. Neither has the Agent checked the legal documentation to verify legal status of the property or the validity of any guarantee. A buyer must assume the information is incorrect, until it has been verified by their own solicitors.""The measurements supplied are for general guidance, and as such must be considered as incorrect. A buyer is advised to re-check the measurements themselves before committing themselves to any expense.""Nothing concerning the type of construction or the condition of the structure is to be implied from the photograph of the property.""The sales particulars may change in the course of time, and any interested party is advised to make final inspection of the property prior to exchange of contracts".MISREPRESENTATION ACT 1967"These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.If any interested party wishes to rely upon any information from the agent, then a request should be made and specific written confirmation can be provided. The Agent will not be responsible for any verbal statement made by any member of staff, as only a specific written confirmation should be relied upon. The Agent will not be responsible for any loss other than when specific written confirmation has been requested."

Agent Details

Lyons Estates Ltd, Liverpool

0151 453 4335

Next Steps?

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