3 Bed Terraced House, Refurb/BRRR, Liverpool, L14 8XX, £100,000

Croxdale Road, Liverpool, Merseyside, L14 8XX - 21 views - 6 months ago

Leasehold
Refurb/BRRR
ROI: 4%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£59K - £190K
Sold Prices/m²£978/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£100,000

 

 

End Value (After Refurb)

£155,912

Uplift in Value

+56%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£39,200

Bridging Loan Interest

£2,625

Total Cash In

£72,775

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£155,912

Mortgage (After Refinance)

£116,934

Mortgage LTV

75%

Cash Released

£41,934

Cash Left In

£30,841

Equity

£38,978

Rent Range

£650 - £1,600

Rent Estimate

£908

Running Costs/mo

£689

Cashflow/mo

£219

Cashflow/yr

£2,630

ROI

4%

Gross Yield

11%

Local Sold Prices

50 sold prices from £59K to £190K, average is £117.3K. £978/m² to £2.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£75K04/210.04 mi7, Penshaw Close, Liverpool, Merseyside L14 8YN3
£110K11/220.13 mi392, Princess Drive, Liverpool, Merseyside L14 8XQ3
£131K02/230.16 mi431, Princess Drive, Liverpool, Merseyside L14 8XE3
£130K02/230.18 mi415, Princess Drive, Liverpool, Merseyside L14 8XE3
£99K02/210.19 mi425, Princess Drive, Liverpool, Merseyside L14 8XE3
£115.5K12/220.23 mi410, Princess Drive, Liverpool, Merseyside L14 9NF3
£112K04/230.23 mi476, Princess Drive, Liverpool, Merseyside L14 9NF3
£130K01/210.26 mi45, Crossford Road, Liverpool, Merseyside L14 9QT3
£180K11/220.26 mi59, Crossford Road, Liverpool, Merseyside L14 9QT3
£119K11/210.26 mi4, Torpoint Close, Liverpool, Merseyside L14 8WY3
£160K06/220.27 mi2, Torpoint Close, Liverpool, Merseyside L14 8WY3
£106K02/210.29 mi203, Finch Lane, Knotty Ash, Liverpool, Merseyside L14 9PZ3
£93K01/230.29 mi16, Max Road, Liverpool, Merseyside L14 4BH3
£135K12/220.3 mi6, Feltwood Close, Liverpool, Merseyside L12 6RP3
£150K02/220.3 mi44, Crossford Road, Liverpool, Merseyside L14 9QU3
£110K06/230.31 mi7, Cremorne Hey, Liverpool, Merseyside L28 7RA3
£135K09/210.31 mi8, Leamoore Close, Liverpool, Merseyside L12 6QW3
£125.3K11/200.31 mi6, Leamoore Close, Liverpool, Merseyside L12 6QW3
£131K02/210.31 mi12, Devilla Close, Liverpool, Merseyside L14 9QX3
£130K02/230.32 mi16, South Cantril Avenue, Liverpool, Merseyside L12 6QZ3
£109.5K03/210.33 mi6, Drum Close, Liverpool, Merseyside L14 9QY3
£105K05/210.33 mi127, Cremorne Hey, Liverpool, Merseyside L28 7RD3
£88K11/200.33 mi193, Yew Tree Lane, West Derby, Liverpool, Merseyside L12 6QJ3
£125K03/210.33 mi170, Yew Tree Lane, Liverpool, Merseyside L12 6QJ3
£132K07/220.33 mi123, Cremorne Hey, Liverpool, Merseyside L28 7RD3
£120K11/200.35 mi333, Finch Lane, Knotty Ash, Liverpool, Merseyside L14 4AF3
£145K02/210.35 mi331, Finch Lane, Knotty Ash, Liverpool, Merseyside L14 4AF3
£105K10/210.35 mi8, Marled Hey, Liverpool, Merseyside L28 0QL3
£125K11/220.36 mi3, Wimborne Close, Liverpool, Merseyside L14 8UH3
£105K05/210.37 mi511, Princess Drive, Liverpool, Merseyside L14 9NA3
£70K12/210.38 mi97, Brandearth Hey, Liverpool, Merseyside L28 1SD3
£100K10/220.39 mi74, Brandearth Hey, Liverpool, Merseyside L28 1SD3
£130K04/220.4 mi87, Barons Hey, Liverpool, Merseyside L28 0QD3
£112K05/210.4 mi182, Round Hey, Liverpool, Merseyside L28 1RQ3
£114K09/220.4 mi173, Round Hey, Liverpool, Merseyside L28 1RQ3
£110K08/210.41 mi135, Max Road, Liverpool, Merseyside L14 4BQ3
£90K03/210.41 mi25, Barons Hey, Liverpool, Merseyside L28 0QA3
£59K05/210.41 mi116, Max Road, Liverpool, Merseyside L14 4BJ3
£85K04/230.43 mi124, Haydn Road, Liverpool, Merseyside L14 4BR3
£71.5K12/200.43 mi104, Haydn Road, Liverpool, Merseyside L14 4BR3
£120K08/210.44 mi84, Aspes Road, Liverpool, Merseyside L12 6QD3
£90K07/210.44 mi4, Murcote Road, Liverpool, Merseyside L14 4BB3
£140K11/220.45 mi94, Aspes Road, Liverpool, Merseyside L12 6QD3
£125K05/230.45 mi96, Aspes Road, Liverpool, Merseyside L12 6QD3
£178K03/230.45 mi60, Finch Lea Drive, Liverpool, Merseyside L14 9QN3
£130K02/210.45 mi24, Finch Lea Drive, Liverpool, Merseyside L14 9QN3
£128K02/230.46 mi245, Princess Drive, Liverpool, Merseyside L12 6QF3
£75.5K11/200.46 mi148, Finch Lane, Knotty Ash, Liverpool, Merseyside L14 9QB3
£190K10/220.47 mi146, Yew Tree Lane, West Derby, Liverpool, Merseyside L12 9HW3
£110K04/230.48 mi100, Lordens Road, Huyton, Liverpool, Merseyside L14 9PB3

Local Rents

50 rents from £650/mo to £1.6K/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£75008/230.01 mi-3
£80002/250.03 mi-3
£85006/230.04 mi-3
£1,00008/230.05 mi-3
£65004/240.07 miGainford Road, Liverpool3
£92503/250.08 mi-3
£75004/240.1 miSnowberry Road, Liverpool, Merseyside, L143
£79512/240.11 mi-3
£87504/250.16 mi-3
£1,00012/240.23 mi-3
£1,29004/250.24 mi-3
£66512/240.28 mi-3
£79501/250.28 mi-3
£85003/250.28 mi-3
£79512/240.3 mi-3
£1,10004/240.33 mi-3
£1,10004/240.33 miFinch Lane, Knotty Ash, Liverpool, L143
£1,20003/240.34 mi-3
£85004/240.34 mi-3
£1,05002/250.37 mi-3
£75004/240.38 miBrandearth Hey, Liverpool, Merseyside, L283
£85002/240.39 mi-3
£97512/230.4 mi-3
£85012/240.4 mi-3
£85001/250.4 mi-3
£95002/240.41 mi-3
£90004/240.41 mi-3
£77512/240.41 mi*Available with Zero Deposits*Haydn Road, L143
£90012/240.43 miHaydn Road L14 4BR3
£1,10011/230.43 mi-3
£75002/240.45 miLordens Road, Liverpool, L143
£75012/240.45 miLordens Road, Liverpool, L143
£1,05004/240.46 miWimborne Road, L143
£1,10004/240.48 mi-3
£1,00003/240.48 mi-3
£73005/230.49 mi-3
£1,40003/240.51 mi-3
£89503/240.55 mi-3
£1,40009/230.55 mi-3
£1,60003/240.55 mi-3
£89512/230.58 mi-3
£65012/240.58 mi-3
£65010/240.58 mi-3
£95010/240.58 mi-3
£69504/240.59 mi-3
£90003/250.59 mi-3
£95007/240.62 mi-3
£72511/230.62 mi-3
£79505/240.62 miCoulport Close, Liverpool, L143
£81005/240.62 miCoulport Close, Liverpool, L143

Local Area Statistics

Population in L14

25,822

Population in Liverpool

675,519

Town centre distance

4.73 miles away

Nearest school

0.30 miles away

Nearest train station

1.55 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £100,000

October 29, 2024

Description

  • Three Double Bedrooms +
  • Lounge and Dining Area +
  • Kitchen and Shower Room +
  • Chain Free Sale +

This terraced house, now available for sale, is a diamond in the rough, awaiting the right owner to restore it to its former glory. The property exudes potential and presents an exciting opportunity to shape a home to your exact preference.

Inside, the house offers ample living space with two reception rooms, perfect for both relaxation and entertaining. The house benefits from a single kitchen which, although in need of renovation, is spacious enough to create a delightful culinary space.

Accommodation within the house comprises of three bedrooms, offering plenty of room for a family or for guests. A single bathroom services the property, which, like the rest of the house, offers a wonderful opportunity for a full makeover.

The property has an EPC rating of C, indicating a moderate level of energy efficiency. This, coupled with the house being in council tax band A, means the new owners can look forward to lower running costs.

Please note that the property is currently in a state that requires renovation. This presents a fantastic opportunity for buyers who are looking to tailor a property to their own tastes and preferences. This terraced house is a canvas ready for transformation, perfect for those with a vision for their next home.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

LIV240754/2

Agent Details

Reeds Rains, West Derby

0151 453 2276

Next Steps?

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