2 Bed Flat, Refurb/BRRR, Liverpool, L3 6ES, £150,000

Pall Mall, Liverpool, L3 6ES - 8 views - 5 months ago

Leasehold
Refurb/BRRR
ROI: 5%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£37K - £315K
Sold Prices/m²£352/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£111,906

 

 

End Value (After Refurb)

£149,950

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£28,709

Bridging Loan Interest

£3,938

Total Cash In

£77,597

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£149,950

Mortgage (After Refinance)

£112,463

Mortgage LTV

75%

Cash Left In

£77,597

Equity

£37,488

Rent Range

£690 - £1,350

Rent Estimate

£1,002

Running Costs/mo

£689

Cashflow/mo

£313

Cashflow/yr

£3,756

ROI

5%

Gross Yield

8%

Local Sold Prices

40 sold prices from £37K to £315K, average is £195K. £352/m² to £2.5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£217K12/220.33 miFlat 202c, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/220.35 miFlat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£162K06/210.39 miFlat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£144K10/210.39 miFlat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£230K12/220.39 miFlat 120, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£240K05/210.4 miFlat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£163K08/210.4 miFlat 201, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/230.4 miFlat 128, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£225K01/230.4 miFlat 158, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£236K04/230.4 miFlat 153, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£270K06/230.4 miFlat 23, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£210K01/210.4 miFlat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£187K05/210.4 miFlat 73, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£215K08/230.4 miFlat 198, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£275K01/210.4 miFlat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£200K12/200.4 miFlat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£285K05/210.4 miFlat 150, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£227.5K10/200.4 miFlat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£220K05/230.4 miFlat 72, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£185K01/240.41 miWaterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT2
£140K09/210.46 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£185K10/230.47 miFlat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/210.47 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£190K02/230.47 miFlat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£195K10/230.47 miFlat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£172K03/230.47 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£37K05/220.7 mi75, James Dunne Avenue, Liverpool, Merseyside L5 8SA2
£92K07/210.81 mi6, Gem Street, Liverpool, Merseyside L5 2AT2
£155K09/230.82 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£100K12/210.89 mi133, Salisbury Street, Liverpool, Merseyside L3 8BT2
£97K10/200.89 mi15, Courtier Close, Liverpool, Merseyside L5 3PT2
£120K02/210.9 mi82, St Andrew Street, Liverpool, Merseyside L3 5XY2
£116.1K07/220.91 mi62, Chapel Gardens, Liverpool, Merseyside L5 5BE2
£315K11/230.92 miEast Quay, Flat 48, Wapping Quay, Liverpool, Merseyside L3 4BU2
£260K12/200.92 miFlat 11, North Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£275K10/200.92 miFlat 38, East Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£285K04/240.92 miEast Quay, Flat 33, Wapping Quay, Liverpool, Merseyside L3 4BU2
£131K11/210.95 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£195K02/210.95 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.95 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2

Local Rents

50 rents from £690/mo to £1.4K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90004/240.02 miPall Mall, Liverpool2
£99501/250.02 mi-2
£95002/250.02 mi-2
£95003/250.02 mi-2
£84503/240.02 mi-2
£92503/240.02 mi44 Pall Mall, Liverpool2
£99012/240.02 mi44 Pall Mall, Liverpool2
£1,27512/240.03 miPall Mall, L3 6AL2
£85012/240.03 mi44 Pall Mall, Liverpool, L32
£95012/240.03 mi-2
£1,29503/250.03 mi-2
£99503/250.03 mi-2
£97512/240.03 mi-2
£97504/240.03 mi-2
£69012/240.03 mi-2
£1,20004/240.03 miFlat 329, Pall Mall Press, 34 Pall Mall, Liverpool, Merseyside, L32
£1,15012/240.03 miFlat 506, Pall Mall Press, 34 Pall Mall , Liverpool, Merseyside, L32
£1,20012/240.03 miFlat 118, Pall Mall Press, 34 Pall Mall, Liverpool, Merseyside, L32
£89504/240.03 miPall Mall, Liverpool. L32
£85004/240.03 miPall Mall, LIVERPOOL2
£89512/240.03 mi44 Pall Mall, Liverpool, L32
£90004/240.03 miPall Mall,Liverpool,L32
£77504/240.05 miPrinces Gardens, L32
£95012/240.05 miHighfield Street, Liverpool, L32
£75012/240.07 miPrinces Gardens, L32
£95012/240.07 miPrinces Gardens, L32
£87503/250.07 mi-2
£89512/240.07 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£89504/240.07 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£90012/240.07 mi-2
£1,25012/240.07 mi-2
£90012/240.07 miHamilton House, Pall Mall, Liverpool2
£89512/240.07 miPall Mall, Liverpool, Merseyside, L32
£89503/240.07 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£90004/240.08 miPall Mall, Liverpool2
£87504/240.08 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£89504/240.08 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£89504/240.08 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£90004/240.08 miBixteth Street, Liverpool2
£99512/240.09 miX Building, Bixteth Street2
£95004/240.09 mi-2
£1,12512/240.09 mi-2
£90012/240.09 mi30 Bixteth Street, Liverpool2
£1,30012/240.09 mi-2
£1,09504/240.09 mi-2
£1,30003/240.09 miBixteth Street, Liverpool, L32
£1,20004/240.11 mi3 St Pauls Square Liverpool 2
£1,00004/240.11 miOrleans House, Liverpool, Merseyside, L32
£1,35012/240.11 miEdmund Street, Liverpool, L3 9AH2
£1,05012/240.11 mi-2

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

3.36 miles away

Nearest school

0.30 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+67%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £150,000

November 2, 2024

Floor Plans

Description

  • City Centre Location +
  • Ideal For Investors Or First Time Buyers +
  • Perfect for local Amenities And Transport Links +
  • No Chain +
  • Call Homesure Today To Arrange A Viewing +
  • 2 Double Bedrooms +

Step into the heart of city living with this fantastic 2-bedroom flat located right in the bustling city centre. Whether you are an investor looking for a prime rental opportunity or a first-time buyer wanting to dip your toes into urban life, this property ticks all the boxes.

As you walk through the door, you'll be greeted by a warm and inviting living space. The two double bedrooms offer plenty of space for a growing family or for those who simply enjoy a bit of extra room to spread out.

This property is all about convenience, with local amenities right on your doorstep. Need to grab a quick bite to eat or do some last-minute shopping? No problem, everything you need is just a stone's throw away. Plus, with excellent transport links nearby, getting around the city has never been easier.

One of the best things about this property is that it comes with no chain, so you can move in hassle-free and start enjoying all the perks of city living right away.

Don't miss out on this fantastic opportunity to own a piece of city living in a vibrant and thriving location. Whether you're looking to invest or to find your new home, this property has everything you need. So why wait? Give us a call today and make this city centre flat your very own slice of urban paradise. ============================ 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 from their solicitor or surveyor. Fixtures, fittings and other items are not included unless specifically described. All measurements, distances and areas are approximate and are for guidance only. Room measurements are approximate and buyers are advised to check these for their own benefit.

Every care has been taken with the preparation of these Sales Particulars but complete accuracy cannot be guaranteed. Buyers should in all cases verify matters for themselves. Where property alterations have been undertaken buyers should check that the relevant permissions have been obtained. If there is any point which is of particular importance let us know and we will verify it for you. 

EPC Rating: C

Agent Details

Homesure Property, Liverpool

0151 453 2429

Next Steps?

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

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