4 Bed Terraced House, Refurb/BRRR, Liverpool, L17 7BY, £290,000

Colebrooke Road, Liverpool, L17 7BY - 5 views - 6 months ago

Refurb/BRRR
ROI: 1%
~129 m²
+12 photos

ValuationOvervalued

Sold Prices£110K - £760K
Sold Prices/m²£1K/m² - £5.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.2K/m²

Value Estimate

£282,411

 

 

End Value (After Refurb)

£286,561

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Refurb Costs

£54,483

Bridging Loan Interest

£7,613

Total Cash In

£148,245

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£286,561

Mortgage (After Refinance)

£214,921

Mortgage LTV

75%

Cash Left In

£148,245

Equity

£71,640

Rent Range

£455 - £4,000

Rent Estimate

£1,355

Running Costs/mo

£1,187

Cashflow/mo

£168

Cashflow/yr

£2,022

ROI

1%

Gross Yield

6%

Local Sold Prices

49 sold prices from £110K to £760K, average is £296.5K. £1K/m² to £5.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£310K01/230.06 mi35, Colebrooke Road, Liverpool, Merseyside L17 7BY4
£217.5K04/210.17 mi80, Errol Street, Liverpool, Merseyside L17 7DJ4
£225K04/210.18 mi103, Errol Street, Liverpool, Merseyside L17 7DH4
£252K07/230.18 mi93, Errol Street, Liverpool, Merseyside L17 7DH4
£200K02/230.22 mi23, Chetwynd Street, Liverpool, Merseyside L17 7AJ4
£191K03/210.22 mi60, Belgrave Road, Aigburth, Liverpool, Merseyside L17 7AH4
£241.3K04/210.22 mi38, Chetwynd Street, Liverpool, Merseyside L17 7AJ4
£305K12/220.24 mi97, Allington Street, Liverpool, Merseyside L17 7AE4
£240K04/230.24 mi43, Allington Street, Liverpool, Merseyside L17 7AE4
£275K06/210.24 mi61, Allington Street, Liverpool, Merseyside L17 7AE4
£260K03/210.24 mi101, Allington Street, Liverpool, Merseyside L17 7AE4
£239K03/210.25 mi92, Belgrave Road, Aigburth, Liverpool, Merseyside L17 7AH4
£201K05/210.25 mi110, Belgrave Road, Aigburth, Liverpool, Merseyside L17 7AH4
£600K06/210.25 miIngleside, Parkfield Road, Aigburth, Liverpool, Merseyside L17 8UH4
£270.5K03/210.26 mi113, Belgrave Road, Aigburth, Liverpool, Merseyside L17 7AQ4
£200K03/230.26 mi55, Belgrave Road, Aigburth, Liverpool, Merseyside L17 7AQ4
£760K12/220.28 mi18, Southwood Road, Liverpool, Merseyside L17 7BQ4
£665K07/220.33 mi20, Westward View, Aigburth, Liverpool, Merseyside L17 7EE4
£585K03/210.35 mi5, Gardenia Grove, Liverpool, Merseyside L17 7HP4
£487.5K12/200.41 mi3, Hadassah Grove, Liverpool, Merseyside L17 8XH4
£485K01/210.41 mi7, Hadassah Grove, Liverpool, Merseyside L17 8XH4
£630K01/220.42 mi5, Priory Close, Aigburth, Liverpool, Merseyside L17 7EG4
£250K04/210.43 mi1, Thistledown Close, Liverpool, Merseyside L17 7ER4
£261.5K12/200.44 mi10, Sunbourne Road, Liverpool, Merseyside L17 7BL4
£255K02/230.44 mi27, Sunbourne Road, Liverpool, Merseyside L17 7BL4
£430K06/210.46 mi3, Cottonwood, Liverpool, Merseyside L17 7ES4
£380K11/200.46 mi18, Cottonwood, Liverpool, Merseyside L17 7ES4
£170K05/210.47 mi3, St Michaels Church Road, Liverpool, Merseyside L17 7BD4
£467.5K10/220.5 mi11, Penhale Close, Liverpool, Merseyside L17 5BT4
£382.5K11/200.5 mi14, Penhale Close, Liverpool, Merseyside L17 5BT4
£260K11/210.5 mi16, Glendale Close, Liverpool, Merseyside L8 9XT4
£415K07/220.53 mi5, The Bulrushes, Liverpool, Merseyside L17 7EX4
£485K05/220.59 mi5, Kerris Close, Liverpool, Merseyside L17 5BY4
£300K04/210.61 mi4, Battery Close, Liverpool, Merseyside L17 9PP4
£110K04/230.7 mi110, North Hill Street, Liverpool, Merseyside L8 8AG4
£415K07/220.7 mi8, Calvados Close, Liverpool, Merseyside L17 5DE4
£250K05/210.71 mi22, Ancaster Road, Liverpool, Merseyside L17 9QF4
£275K11/200.74 mi42, Ashbourne Road, Liverpool, Merseyside L17 9QH4
£296.5K03/210.74 mi18, Ashbourne Road, Liverpool, Merseyside L17 9QH4
£230K06/210.76 mi15, Ashbourne Road, Liverpool, Merseyside L17 9QG4
£290K02/210.76 mi17, Ashbourne Road, Liverpool, Merseyside L17 9QG4
£320K02/210.79 mi1, Annesley Road, Liverpool, Merseyside L17 9QR4
£273K12/200.79 mi23, Annesley Road, Liverpool, Merseyside L17 9QR4
£300K11/200.83 mi56, Fern Grove, Liverpool, Merseyside L8 0RZ4
£450K07/210.84 mi22, Westbury Close, Liverpool, Merseyside L17 5BD4
£440K08/210.88 mi27, Lancaster Avenue, Sefton Park, Liverpool, Merseyside L17 3AY4
£626K09/220.88 mi21, Lancaster Avenue, Sefton Park, Liverpool, Merseyside L17 3AY4
£640K10/220.9 mi14, Lancaster Avenue, Sefton Park, Liverpool, Merseyside L17 3AZ4
£330K07/230.92 mi22, Arundel Avenue, Liverpool, Merseyside L17 3DA4

Local Rents

50 rents from £455/mo to £4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£48104/240.04 mi68 Aigburth Road5
£1,90005/240.06 miColebrooke Road, L174
£1,45007/240.06 miColebrooke Road, Liverpool4
£85005/240.07 miSandhurst Street, Liverpool.3
£1,25007/240.07 miSandhurst St, L173
£1,20004/250.1 mi-3
£1,00005/240.1 mi-3
£1,00005/240.1 miBlythswood Street, Liverpool, L173
£1,00005/240.1 miBlythswood Street, Liverpool, L173
£1,20008/240.11 miErrol Street, LIVERPOOL3
£1,10007/240.11 mi-3
£1,15003/250.11 mi-3
£1,30006/240.11 miBlythswood St, L173
£1,35012/240.13 mi-3
£1,24907/240.18 mi-3
£1,24906/240.18 miAlwyn Street, Liverpool, L173
£1,15005/240.19 mi-3
£1,15005/240.19 mi-3
£1,25007/240.2 miRosslyn Street, Aigburth, L173
£1,35008/240.2 miBelgrave Road, Aigburth, Liverpool, L17 7AG3
£67205/240.2 miFlat 6, 13 Alexandra Drive5
£65005/240.2 miFlat 1, 13 Alexandra Drive4
£69805/240.2 miFlat 2, 13 Alexandra Drive3
£65405/240.2 miFlat 5, 13 Alexandra Drive5
£99503/250.21 mi-3
£2,10008/240.21 miParkfield Road, Sefton Park, Liverpool3
£59507/240.21 miBelgrave Road, L173
£4,00005/240.22 mi-5
£1,10005/240.22 miChillingham Street, Dingle, L83
£45505/240.23 miAigburth Road, Liverpool, Merseyside, L177
£1,25005/240.23 mi-4
£1,25005/240.23 miChetwynd Street, Liverpool, L174
£1,37505/240.25 miParkfield Road, Aigburth, Liverpool, L173
£1,10009/240.26 miBelgrave Road, Liverpool, Merseyside, L174
£2,80008/240.26 mi-4
£3,10008/240.26 mi-5
£1,30004/240.27 miParkfield Mews, Little ParkField Road, Liverpool3
£95007/240.29 mi-4
£3,83011/240.3 mi-5
£3,83001/250.3 mi-5
£2,00007/240.32 miWest Albert Road, LIVERPOOL3
£97509/240.34 miWaverley Road, Sefton Park, Liverpool3
£52405/240.36 mi30 Lucerne St4
£1,79510/230.36 miIvanhoe Road,Aigburth,Liverpool,L173
£2,00008/240.36 mi-4
£2,00007/240.36 miLucerne Street, Liverpool, L174
£1,60007/240.37 miSiddeley Street, Liverpool, L173
£1,19508/240.37 mi-3
£1,19507/240.37 miBurdett Street, Liverpool, L173
£1,30006/240.38 miBurdett Street, Liverpool3

Local Area Statistics

Population in L17

23,635

Population in Liverpool

675,519

Town centre distance

5.49 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £290,000

November 1, 2024

Sold for £44,500

1996

Floor Plans

Description

  • Four Bedrooms +
  • Sought After Location +
  • Close to Princes Park +
  • Transport Links +
  • Victorian Character +
  • NO CHAIN +
  • Modern Kitchen +
  • Three Reception Rooms +

This spacious four-bedroom terraced property in the desirable L17 area offers fantastic potential for those looking to create their dream home. This residence features well-proportioned rooms, high ceilings, and plenty of original charm, just waiting for a modern touch. The ground floor comprises a welcoming entrance hall leading to a generous living and dining area. Though in need of some updating, the layout is ideal for creating a warm, versatile space. The kitchen is newly modernised and boasts plenty of storage space. Upstairs, four bedrooms offer a comfortable setup, perfect for a growing family or a work-from-home setup. With a bit of TLC, these rooms could shine as cosy, personalised spaces. The family bathroom has also been modernised to a high standard. Outside, the property boasts a private rear garden that, with a little love, could transform into an ideal space for relaxation or outdoor entertaining. Located close to Lark Lane, Sefton Park, and reputable schools, this home offers both convenience and opportunity. ===== HOW TO BOOK A VIEWING? Please contact us on or email us at INSTANT VALUATION: Thinking of moving but don't know where to start? Visit valuation.homesureproperty.co.uk for an instant valuation of your home. MORE INFORMATION: Homesure is an independent Sales, Lettings & management agency based in the heart of Woolton Village. We use modern marketing methods, combined with a bespoke service to sell and rent Merseyside's finest properties. Operating from our modern, paperless and prominent Allerton Road office, our team of property and marketing experts work to achieve the highest possible price for your property in the shortest amount of time. Our team of sales experts ensure that your property stands out from the crowd, dedicating more time to each instruction than any other agent. Our regulated lettings team offer our tenants a relaxed, friendly, and fair management approach while keeping our landlords safe in the knowledge that Homesure (as a NALS-registered) agent, is efficiently and profitably managing their properties. Understanding Your Property & Requirements Prior to marketing we ensure that each member of our team is familiar with your property and its intricacies. Be it a period feature or full-blown renovation we ask the right questions to understand the small details that will really sell your property. Presentation From professional photographs to aerial shots we offer everything required to show your property in its best possible light. Selling or Letting Your Property Your property will feature prominently on all of the major property portals and related websites. As well as featuring in our attractive Woolton Village venue, your property will be promoted to our own internal network of domestic & international investors, home movers, renters & relocation agents. Viewings Your designated personal agent will offer a personal & tailor-made service, ensuring that you are kept up to date with feedback and marketing reports every step of the way. Agreeing a Sale or Let Your designated personal agent will negotiate to ensure that you are successful in achieving the best possible price & terms for your property. Sales Progression This is where we really stand out from the crowd. Following an agreed sale your designated personal agent will liaise with both sets of solicitors to ensure that your transaction is as smooth and stress-free as possible. The same agent who carried out the initial valuation will handle every step of the process right up until the recommending of removal men & handing over of keys. For more information on our services, please feel free to drop into our Woolton Village office for a chat. Alternatively, you can contact us either by telephone, email, or via our website. SALES DISCLAIMER: TIP! Buying or selling a home becomes much easier if you're using the right agent, the right broker and the right solicitor. Here at Homesure, we recommend only those that have delivered for our previous clients, and not because of any financial affiliations. Support Word-of-mouth! These property details are set out to provide a general guide as to what the property consists of. They are not intended to be used as part of an Offer or Contract. If interior photographs are included they are reproduced for general information and it cannot be inferred that any item shown is included in the sale. Please check with us if you wish to clarify exactly what is included. Any services, equipment, fittings and/or systems have not been tested and no guarantee is given or implied that these are in working order. Buyers are advised to obtain verification

EPC Rating: D

Agent Details

Homesure Property, Liverpool

0151 453 2429

Next Steps?

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