3 Bed Terraced House, Refurb/BRRR, Wallasey, CH44 8DL, £110,000

312 Bell Road, Wallasey, UK - 3 views - 6 months ago

Sold STC
BTL
Refurb/BRRR
ROI: 5%
~93 m²
+11 photos

ValuationFair Value

Sold Prices£57K - £172K
Sold Prices/m²£626/m² - £1.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£109,807

 

 

End Value (After Refurb)

£110,439

Uplift in Value

+0%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£39,206

Bridging Loan Interest

£2,888

Total Cash In

£75,844

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£110,439

Mortgage (After Refinance)

£82,829

Mortgage LTV

75%

Cash Released

£329

Cash Left In

£75,515

Equity

£27,610

Rent Range

£645 - £1,395

Rent Estimate

£857

Running Costs/mo

£537

Cashflow/mo

£320

Cashflow/yr

£3,846

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £57K to £172K, average is £111K. £626/m² to £1.6K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£115K01/230.05 mi42, Rappart Road, Wallasey, Merseyside CH44 6QE3
£95K01/230.06 mi8, Bell Road, Wallasey, Merseyside CH44 8DJ3
£85K01/210.07 mi94, Buchanan Road, Wallasey, Merseyside CH44 8DS3
£105K06/230.14 mi50, Albemarle Road, Wallasey, Merseyside CH44 6LX3
£93.5K10/210.15 mi24, Ilchester Road, Wallasey, Merseyside CH44 9DP3
£130K12/220.15 mi22, Hartismere Road, Wallasey, Merseyside CH44 9DU3
£127.5K05/230.16 mi18, Ilchester Road, Wallasey, Merseyside CH44 9DP3
£110K01/210.17 mi18, Ilchester Road, Wallasey, Merseyside CH44 9DP3
£135K05/230.18 mi7, Birnam Road, Wallasey, Merseyside CH44 9AX3
£111K04/230.18 mi12, Birnam Road, Wallasey, Merseyside CH44 9AX3
£87.5K05/210.18 mi47, Edith Road, Wallasey, Merseyside CH44 6LG3
£68K03/210.18 mi13, Bulkeley Road, Wallasey, Merseyside CH44 9DR3
£110K07/210.19 mi2, Church Close, Wallasey, Merseyside CH44 8HG3
£143K04/230.19 mi10, Churchmeadow Close, Wallasey, Merseyside CH44 8HQ3
£145K03/230.19 mi2, Churchmeadow Close, Wallasey, Merseyside CH44 8HQ3
£94K03/210.19 mi21, Walsingham Road, Wallasey, Merseyside CH44 9DX3
£115K08/210.19 mi1, Lumley Road, Wallasey, Merseyside CH44 9AB3
£115K08/210.19 mi1, Lumley Road, Wallasey, Merseyside CH44 9AB3
£111K08/210.21 mi27, Birnam Road, Wallasey, Merseyside CH44 9AY3
£85K12/210.21 mi29, Alverstone Road, Wallasey, Merseyside CH44 9AA3
£117.5K05/230.21 mi19, Alverstone Road, Wallasey, Merseyside CH44 9AA3
£88K02/210.21 mi56, Walsingham Road, Wallasey, Merseyside CH44 9DY3
£95K06/210.21 mi18, Walsingham Road, Wallasey, Merseyside CH44 9DY3
£57K05/210.22 mi58, Hartismere Road, Wallasey, Merseyside CH44 9DU3
£110K03/210.24 mi17, Church Gardens, Wallasey, Merseyside CH44 8HF3
£130K02/210.24 mi207, Church Street, Wallasey, Merseyside CH44 8AG3
£117K03/230.25 mi8, Harcourt Avenue, Wallasey, Merseyside CH44 6LJ3
£110K10/210.27 mi53, Union Street, Wallasey, Merseyside CH44 0BL3
£160K11/210.27 mi11, Tobin Street, Wallasey, Merseyside CH44 8DF3
£81.5K05/210.27 mi30, Park Road, Wallasey, Merseyside CH44 9EB3
£106K03/210.29 mi44, Union Street, Wallasey, Merseyside CH44 0BW3
£115.5K06/230.29 mi12, Clarence Road, Wallasey, Merseyside CH44 9ET3
£72K04/210.29 mi35, York Road, Wallasey, Merseyside CH44 9EN3
£87.5K02/210.3 mi29, York Road, Wallasey, Merseyside CH44 9EN3
£77.5K02/210.3 mi9, York Road, Wallasey, Merseyside CH44 9EN3
£117K11/210.3 mi14, Shakespeare Road, Wallasey, Merseyside CH44 7HH3
£90K07/210.3 mi12, Southpark Court, Wallasey, Merseyside CH44 6PL3
£130K01/230.31 mi27, Barrington Road, Wallasey, Merseyside CH44 9BP3
£135K08/230.31 mi5, Barrington Road, Wallasey, Merseyside CH44 9BP3
£134K01/230.32 mi10, Barrington Road, Wallasey, Merseyside CH44 9BP3
£120K10/210.32 mi11, Drayton Road, Wallasey, Merseyside CH44 9EQ3
£85K11/200.33 mi141, Poulton Road, Wallasey, Merseyside CH44 9DF3
£172K03/230.34 mi21, Rosebery Avenue, Wallasey, Merseyside CH44 0BE3
£118.5K06/210.34 mi68, Hampstead Road, Wallasey, Merseyside CH44 9BL3
£117.5K03/210.34 mi3, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£126.5K04/230.34 mi13, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£108K11/200.34 mi21, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£121K01/210.34 mi23, Hampstead Road, Wallasey, Merseyside CH44 9BJ3
£74.8K06/230.35 mi50, Lucerne Road, Wallasey, Merseyside CH44 7HA3
£115K03/210.36 mi11, Mollington Road, Wallasey, Merseyside CH44 9BB3

Local Rents

45 rents from £645/mo to £1.4K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£64503/240.05 miBuchanan Road3
£64504/240.05 miBuchanan Road3
£78502/240.06 mi-3
£78502/240.06 mi-3
£80005/240.07 mi-3
£79512/240.08 miKenilworth Road Wallasey3
£73012/240.09 mi-3
£75009/240.14 mi-3
£73502/240.18 mi-3
£79503/240.18 miEdith Road Wallasey3
£79505/240.18 miEdith Road Wallasey3
£85012/230.18 mi-3
£77510/240.19 mi-3
£65005/240.19 miLiscard Road, Wallasey3
£71504/240.2 miRivington Road, Wallasey, CH443
£71504/240.2 miRivington Road, Wallasey, CH443
£71504/240.2 mi-3
£75001/240.22 mi-3
£75005/240.31 miDrayton Road, Wallasey, CH443
£75005/240.31 mi-3
£90012/240.34 mi-3
£79004/240.36 miYork Road, Wallasey3
£79503/240.38 miGeneva Road, Wallasey, Wirral3
£69503/240.39 mi-3
£80003/240.4 miRycroft Road, WALLASEY3
£69505/240.45 miCharlotte Road, Wallasey3
£69512/240.45 miCharlotte Road, Wallasey3
£74812/230.46 mi-3
£65001/250.47 mi-3
£69503/240.5 miPalatine Road, Wallasey3
£69505/240.5 miPalatine Road, Wallasey3
£80009/240.52 mi-3
£79503/240.54 miMerecroft Avenue, Wallasey, Wirral3
£75003/240.56 miExeter Road, Wallasey3
£72505/240.56 miWheatland Lane, Wallasey3
£72501/240.58 mi-3
£89503/240.6 miPark Street, Wallasey3
£1,29505/240.6 mi-3
£1,29509/240.6 mi-3
£1,29512/240.6 mi-3
£1,39504/250.6 mi-3
£1,37503/240.6 miGibson House, Wallasey, CH443
£1,37503/240.6 miGibson House, Wallasey, CH443
£1,29504/240.6 miGibson House, Wallasey, CH443
£1,29512/240.6 miGibson House, Wallasey, CH443

Local Area Statistics

Population in CH44

29,995

Population in Wallasey

60,790

Town centre distance

1.22 miles away

Nearest school

0.20 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+48%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £110,000

October 31, 2024

Sold for £71,695

2006

Sold for £86,500

2006

Sold for £32,950

2000

Description

  • Three Bed Mid Row Home +
  • Sold With No Chain +
  • uPVC Dbl Glazing and GCH +
  • Council Tax Band A +
  • EPC Rating C +

Sold with no chain; this three bedroom mid row residence in need of some upgrading in parts but already having uPVC double glazing and gas central heating in place plus front and rear insulation, which certainly gets you on the starting block. This would be an ideal purchase for a buy to let investor as it is in a great rental area, or equally a good purchase for a first time buyer with some vision. Conveniently situated not far from the amenities in Poulton and Liscard, also only a short walk to Central Park and the handy Tesco Express around the corner. Well placed for schooling and frequent bus routes direct to Birkenhead, New Brighton and Liverpool. Interior: hallway, dining room, living room and kitchen on the ground floor. Off the first floor landing there are the three bedrooms and bathroom. Exterior: sunny courtyard garden. Viewing is essential to appreciate fully. Hallway Living Room - 4.78m x 3.56m (15'8" x 11'8") Dining Room - 3.43m x 4.14m (11'3" x 13'7") 2 - 4.32m x 2.11m (14'2" x 6'11") Landing Bedroom - 4.78m x 3.33m (15'8" x 10'11") Bedroom - 4.11m x 3.61m (13'6" x 11'10") Bedroom - 2.97m x 1.93m (9'9" x 6'4") Bathroom Courtyard Location Bell Road can be found off Liscard Road, approx. 1.3 miles driving distance from our Liscard office. Property Misdescriptions Act 1991. For clarification, Harper & Woods Estate Agents wish to inform prospective purchasers that we have not tested any of the appliances or the heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings. Any mention of appliances, equipment, fixtures, fittings or services unless specifically stated are not included in the sale of the property. We cannot verify that these are fit for purpose or in full working order, as they have not been tested by ourselves. You are advised to gain specialist independent reports if you have any hesitations. Measurements, areas and distances provided are an approximate only. They are for general guidance and should not be relied upon for furnishings, flooring or any other outspend. The chosen photographs only illustrate perspectives of the properties interior and exterior as they appeared at the time they were taken. Our particulars for each property are created as a general outline only for the guidance of prospective buyers. Any information is given without responsibility on our part and we recommended that our information is verified by yourself. We endeavour to ensure that the information on our website is accurate and reliable however information about a property is liable to be changed at any time.

Agent Details

Harper & Woods, Wallasey

0151 453 8854

Next Steps?

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