4 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L18 3HF, £475,000

Lynnbank Road, Calderstones, Liverpool, Merseyside, L18 3HF - 1 views - 5 months ago

Sold STC
Auction
Refurb/BRRR
~129 m²
+26 photos

ValuationOvervalued

Sold Prices£145K - £980K
Sold Prices/m²£2.3K/m² - £8.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.7K/m²

Value Estimate

£399,500

 

 

End Value (After Refurb)

£463,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Refurb Costs

£54,655

Bridging Loan Interest

£12,469

Total Cash In

£214,324

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£463,500

Mortgage (After Refinance)

£347,625

Mortgage LTV

75%

Cash Left In

£214,324

Equity

£115,875

Rent Range

£1,150 - £3,500

Rent Estimate

£1,889

Running Costs/mo

£1,846

Cashflow/mo

£43

Cashflow/yr

£513

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £145K to £980K, average is £507.5K. £2.3K/m² to £8.2K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£145K03/210 mi14, Lynnbank Road, Liverpool, Merseyside L18 3HF4
£500K12/200.05 mi5, Lynnbank Road, Liverpool, Merseyside L18 3HE4
£750K08/230.11 mi3, Hornby Park, Liverpool, Merseyside L18 3LL4
£780K09/220.11 mi20, Hornby Park, Liverpool, Merseyside L18 3LL4
£630K01/210.12 mi159, Menlove Avenue, Liverpool, Merseyside L18 3EE4
£550K09/210.14 mi24, Hornby Lane, Liverpool, Merseyside L18 3HH4
£496K11/200.14 mi5, Catonfield Road, Liverpool, Merseyside L18 3HD4
£535K06/210.14 mi7, Catonfield Road, Liverpool, Merseyside L18 3HD4
£496K11/200.14 mi5, Catonfield Road, Liverpool, Merseyside L18 3HD4
£450K10/200.15 mi81, Beechfield Road, Liverpool, Merseyside L18 3EQ4
£590K01/210.17 mi9, Gwydrin Road, Liverpool, Merseyside L18 3HA4
£912.5K04/220.18 mi5, Broadacre Close, Liverpool, Merseyside L18 2JW4
£575K03/230.18 mi49, The Beeches, Liverpool, Merseyside L18 3LT4
£360K10/200.21 mi22, The Copse, Liverpool, Merseyside L18 3NH4
£397K02/210.21 mi16, The Copse, Liverpool, Merseyside L18 3NH4
£585K01/230.23 mi23, Stonecrop, Liverpool, Merseyside L18 3LU4
£477K01/210.24 mi71, Calderstones Road, Liverpool, Merseyside L18 3HY4
£525K06/210.25 mi37, Druids Cross Gardens, Liverpool, Merseyside L18 3EB4
£875K11/220.25 mi88, Woolacombe Road, Childwall, Liverpool, Merseyside L16 9JQ4
£905K12/220.28 mi300, Woolton Road, Childwall, Liverpool, Merseyside L16 0JA4
£525K06/210.31 mi5, Gipsy Grove, Liverpool, Merseyside L18 3LH4
£435K03/210.35 mi11, Porlock Avenue, Liverpool, Merseyside L16 9JT4
£515K12/200.37 mi25, Woolacombe Road, Childwall, Liverpool, Merseyside L16 9JG4
£425K04/230.37 mi29, Greenhill Avenue, Allerton, Liverpool, Merseyside L18 6HT4
£417K12/200.37 mi31, Greenhill Avenue, Allerton, Liverpool, Merseyside L18 6HT4
£630K04/210.37 mi68, Druidsville Road, Woolton, Liverpool, Merseyside L18 3EW4
£735K07/220.37 mi68, Druidsville Road, Woolton, Liverpool, Merseyside L18 3EW4
£515K01/230.37 mi14, Greenhill Avenue, Allerton, Liverpool, Merseyside L18 6HT4
£785K05/210.39 mi46, Dudlow Lane, Liverpool, Merseyside L18 2EZ4
£531K12/200.4 mi1, Stockville Road, Woolton, Liverpool, Merseyside L18 3EJ4
£470K09/210.4 mi2a, Stockville Road, Woolton, Liverpool, Merseyside L18 3EJ4
£980K03/210.4 mi49, Dudlow Lane, Liverpool, Merseyside L18 2EX4
£520K10/200.41 mi117, Childwall Park Avenue, Liverpool, Merseyside L16 0JF4
£442.8K06/210.42 mi14, Babbacombe Road, Liverpool, Merseyside L16 9JW4
£580K05/210.42 mi36, Menlove Avenue, Liverpool, Merseyside L18 2EF4
£300K03/230.45 mi4, Stand Park Road, Liverpool, Merseyside L16 9JL4
£850K09/220.45 mi42, Countisbury Drive, Childwall, Liverpool, Merseyside L16 0JJ4
£355K01/210.46 mi6, Silverbeech Avenue, Liverpool, Merseyside L18 6JA4
£433K12/200.46 mi52, Childwall Park Avenue, Liverpool, Merseyside L16 0JQ4
£535K01/210.46 mi87, Druidsville Road, Woolton, Liverpool, Merseyside L18 3EN4
£540K01/230.47 mi6, Menlove Gardens South, Liverpool, Merseyside L18 2EL4
£400.1K07/230.52 mi36, Green Lane, Mossley Hill, Liverpool, Merseyside L18 6HB4
£355K03/210.52 mi40, Green Lane, Mossley Hill, Liverpool, Merseyside L18 6HB4
£403K10/210.53 mi34, Harthill Avenue, Liverpool, Merseyside L18 6HZ4
£346K01/210.53 mi22, Harthill Avenue, Liverpool, Merseyside L18 6HZ4
£425K04/210.53 mi16, Calderstones Road, Liverpool, Merseyside L18 6HS4
£425K04/210.53 mi16, Calderstones Road, Liverpool, Merseyside L18 6HS4
£492.5K06/210.53 mi20, Calderstones Road, Liverpool, Merseyside L18 6HS4
£470K02/230.53 mi4, Tanat Drive, Liverpool, Merseyside L18 6HL4
£465K09/210.54 mi397, Woolton Road, Woolton, Liverpool, Merseyside L25 4SX4

Local Rents

24 rents from £1.1K/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95005/240.04 miIngledene Road, L184
£1,95005/240.05 miIngledene Road, Liverpool, L183
£1,95005/240.05 mi-3
£1,95008/240.05 mi-3
£2,70005/240.14 miMenlove Avenue, Liverpool, L184
£2,70005/240.14 mi-4
£1,50005/240.25 miSalisbury Park, L16 0JT3
£3,50005/240.37 miChildwall Park Avenue, Liverpool, Merseyside, L165
£1,80005/240.4 miTeasville Road, L18 3EP3
£1,20002/240.43 mi-3
£1,67505/240.44 mi-4
£1,67505/240.44 mi-4
£2,00005/240.46 miSilverbeech Avenue, L185
£1,15005/240.51 miTaggart Avenue, Childwall, L163
£1,40003/250.54 mi-3
£1,40004/240.57 miAddingham Road, Mossley Hill, Liverpool, Merseyside, L18 2EW3
£1,60005/240.58 miWembley Road, Mossley Hill, L183
£2,00003/240.59 mi-4
£2,16707/240.59 mi-4
£2,00006/240.59 miCourtland Road, Liverpool, L184
£1,29505/240.6 miCourtland Road, Allerton, Liverpool, L18 2EQ3
£1,20002/240.61 mi-3
£1,20003/250.61 mi-3
£2,25005/240.62 miHillcroft Road, Woolton, Liverpool, L253

Local Area Statistics

Population in L18

26,898

Population in Liverpool

675,519

Town centre distance

6.06 miles away

Nearest school

0.10 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £475,000

October 31, 2024

Floor Plans

Description

THIS PROPERTY IS BEING SOLD BY MODERN METHOD OF AUCTION

Spacious 4-bedroom semi-detached home on Lynnbank Road, L18, offering a prime location near schools and parks, with no onward chain, a driveway, rear garden, and great potential for renovation.

Located on the sought-after Lynnbank Road, L18, this spacious 4-bedroom semi-detached home offers an incredible opportunity to create your dream residence. Set in a highly desirable area, the property benefits from close proximity to excellent schools, local parks, and convenient transport links. This home is perfect for families or anyone seeking a spacious layout in a fantastic location.

The property is being sold with no onward chain and is priced competitively to reflect the renovation needed. With a generous total floor area of 149.0 m² (1,603 sq. ft.), the home features well-proportioned rooms throughout.

Ground Floor

Welcoming entrance hall.
Two spacious living rooms, ideal for family gatherings or entertaining guests.
Two kitchens, offering ample space for cooking and dining.
Separate dining room, creating a lovely setting for meals.
Utility room, providing additional storage and functionality.
First Floor

Four well-sized bedrooms, perfect for a growing family.
Family bathroom and a separate WC for added convenience.
Outside The property boasts a driveway and garden to the front, along with a garage and additional garden space to the rear, offering ample outdoor space and potential for landscaping.

This is an ideal renovation project for those looking to add their personal touch. With its prime location, this property has endless potential. Book a viewing today to see all the possibilities this home has to offer

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Whitegates, Woolton

0151 453 3725

Next Steps?

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