3 Bed Semi-Detached House, Refurb/BRRR, Bootle, L20 9JH, £195,000

Radnor Drive, Bootle, L20 9JH - 3 views - 5 months ago

Under Offer
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£70K - £270K
Sold Prices/m²£722/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£108,500

 

 

End Value (After Refurb)

£180,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Refurb Costs

£39,200

Bridging Loan Interest

£5,119

Total Cash In

£101,869

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£180,000

Mortgage (After Refinance)

£135,000

Mortgage LTV

75%

Cash Left In

£101,869

Equity

£45,000

Rent Range

£533 - £1,100

Rent Estimate

£826

Running Costs/mo

£748

Cashflow/mo

£78

Cashflow/yr

£940

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £70K to £270K, average is £128K. £722/m² to £2.8K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£160K02/230.04 mi121, Southport Road, Bootle, Merseyside L20 9EE3
£201K04/210.04 mi143, Southport Road, Bootle, Merseyside L20 9EE3
£212.5K06/230.04 mi103, Southport Road, Bootle, Merseyside L20 9EE3
£205K10/220.04 mi135, Southport Road, Bootle, Merseyside L20 9EE3
£120K12/220.07 mi47, Earl Road, Bootle, Merseyside L20 9JG3
£237.5K06/210.09 mi202, Southport Road, Bootle, Merseyside L20 9EJ3
£270K08/210.1 mi1, Harrison Drive, Bootle, Merseyside L20 9JL3
£227.5K02/230.11 mi210, Southport Road, Bootle, Merseyside L20 9EJ3
£95K10/210.13 mi5, Summers Avenue, Bootle, Merseyside L20 9JA3
£131K07/230.13 mi37, Summers Avenue, Bootle, Merseyside L20 9JA3
£98.5K11/200.13 mi19, Summers Avenue, Bootle, Merseyside L20 9JA3
£90K11/200.16 mi26, Warwick Road, Bootle, Merseyside L20 9BZ3
£135K03/230.16 mi21, Earl Road, Bootle, Merseyside L20 9BU3
£238K12/220.17 mi228, Southport Road, Bootle, Merseyside L20 9EL3
£125K10/210.18 mi26, Somerset Road, Bootle, Merseyside L20 9BT3
£95K08/210.18 mi44, Somerset Road, Bootle, Merseyside L20 9BT3
£225K12/220.18 mi85, Southport Road, Bootle, Merseyside L20 9ED3
£183K10/200.18 mi69, Southport Road, Bootle, Merseyside L20 9ED3
£210.5K07/210.18 mi85, Southport Road, Bootle, Merseyside L20 9ED3
£140K11/220.2 mi12, Leicester Road, Bootle, Merseyside L20 9BR3
£120K04/210.2 mi30, Leicester Road, Bootle, Merseyside L20 9BR3
£124.8K10/200.2 mi20, Leicester Road, Bootle, Merseyside L20 9BR3
£110K01/210.2 mi14, Leicester Road, Bootle, Merseyside L20 9BR3
£124K04/230.21 mi72, Aintree Road, Bootle, Merseyside L20 9DR3
£100K12/200.21 mi64, Worcester Road, Bootle, Merseyside L20 9AG3
£125K04/210.22 mi136, Gloucester Road, Bootle, Merseyside L20 9AW3
£146K04/210.22 mi12, Hatfield Road, Bootle, Merseyside L20 9EP3
£240K07/230.22 mi118, Stuart Road North, Bootle, Merseyside L20 9ES3
£180K06/210.22 mi60, Stuart Road North, Bootle, Merseyside L20 9EU3
£260.1K10/220.23 mi5, Hatfield Road, Bootle, Merseyside L20 9EP3
£125K07/210.23 mi127, Gloucester Road, Bootle, Merseyside L20 9AJ3
£85K12/210.24 mi35, Middlesex Road, Bootle, Merseyside L20 9BN3
£100K10/200.24 mi39, Middlesex Road, Bootle, Merseyside L20 9BN3
£110K06/210.24 mi223, Worcester Road, Bootle, Merseyside L20 9AE3
£96K06/210.24 mi165, Worcester Road, Bootle, Merseyside L20 9AE3
£125K03/230.25 mi274, Gloucester Road, Bootle, Merseyside L20 9AP3
£110K02/230.25 mi388, Hawthorne Road, Bootle, Merseyside L20 9AX3
£212K09/210.26 mi150, Aintree Road, Bootle, Merseyside L20 9DT3
£135K07/230.26 mi2, Timon Avenue, Bootle, Merseyside L20 9DZ3
£120K01/230.26 mi28, Gloucester Road, Bootle, Merseyside L20 9AN3
£70K03/230.26 mi80, Gloucester Road, Bootle, Merseyside L20 9AN3
£122K06/230.26 mi84, Gloucester Road, Bootle, Merseyside L20 9AN3
£156K03/230.28 mi16, Timon Avenue, Bootle, Merseyside L20 9DZ3
£160K01/230.29 mi117, Aintree Road, Bootle, Merseyside L20 9DS3
£110K06/230.29 mi91, Aintree Road, Bootle, Merseyside L20 9DS3
£91K06/230.3 mi287, Hawthorne Road, Bootle, Merseyside L20 3AP3
£110K02/230.32 mi259, Hawthorne Road, Bootle, Merseyside L20 3AW3
£168K11/230.33 mi33, Hornby Close, Liverpool, Merseyside L9 3DA3
£168K12/200.33 mi7, Hornby Close, Liverpool, Merseyside L9 3DA3
£137K12/200.34 mi20, Burnie Avenue, Bootle, Merseyside L20 0BW3

Local Rents

50 rents from £533/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85012/240.12 mi-3
£72504/240.19 miFernhill Road, Bootle3
£80005/240.22 miMiddlesex Road, Bootle, Sefton, L203
£77512/230.22 mi-3
£85005/240.23 miGloucester Road, Liverpool3
£77504/240.24 miMiddlesex Road, Bootle3
£87504/250.25 mi-3
£82505/240.25 miGloucester Road, Bootle, L203
£85005/240.25 miGloucester Road, Bootle, L203
£85005/240.25 mi-3
£85012/240.25 mi-3
£82504/240.25 mi-3
£82512/230.27 mi-3
£80004/240.28 mi-3
£77505/240.35 miRutland Street, Bootle3
£89505/240.42 miReeves Avenue, Bootle3
£87502/250.43 mi-3
£75004/240.44 miWilliam Morris Avenue, Bootle, Liverpool, L203
£90004/240.46 miLancaster Street, Walton, L9 1BQ3
£87505/240.46 miWolfenden Avenue, Bootle3
£89505/240.47 mi-3
£82503/250.47 mi-3
£95012/240.48 mi-3
£85012/240.48 mi-3
£85012/240.48 mi-3
£79506/240.48 mi-3
£1,10001/250.48 mi-3
£75005/240.48 miWolfenden Avenue, Bootle3
£82505/240.48 mi-3
£85005/240.49 miSidney Road, L20 9LH ***AVAILABLE WITH ZERO DEPOSIT***3
£87503/250.49 mi-3
£85007/240.49 miOlney Street, Liverpool, L43
£85012/240.5 mi-3
£79504/250.51 mi-3
£85012/230.51 mi-3
£90003/250.51 mi-3
£70003/240.51 mi-3
£85012/240.52 mi-3
£80012/240.52 mi-3
£72504/240.52 miOlney Street, Walton, Liverpool, L43
£1,00004/240.53 mi-3
£55012/240.54 mi-3
£88907/240.54 mi-3
£99904/250.54 mi-3
£77505/240.55 mi-3
£77505/240.55 miGladstone Road, Walton, Liverpool, L93
£80005/240.55 miGladstone Road, Walton, Liverpool, L93
£53304/240.55 mi22 Sidney Road, Bootle, Merseyside, L203
£85005/240.56 miGladstone Road, Walton3
£79505/240.56 miSidney Road, Bootle, Merseyside, L203

Local Area Statistics

Population in L20

31,316

Population in Bootle

51,353

Town centre distance

0.92 miles away

Nearest school

0.30 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £195,000

November 4, 2024

Description

  • NO CHAIN +
  • DRIVEWAY +
  • LARGE GARDEN TO REAR +
  • DOUBLE GLAZING +
  • GAS CENTRAL HEATING +
  • TWO RECEPTION ROOMS +
  • KITCHEN WITH OPEN ACCESS INTO MORNING ROOM +
  • THREE DOUBLE BEDROOMS +
  • COUNCIL TAX BAND - C +
  • EPC RATING - TBC +

* Ideal Family Home - Sought After Location - No Onward Chain *

LYONS ESTATES are pleased to offer FOR SALE this charming three-bedroom semi-detached property is brimming with massive potential. Located on the highly sought-after and desirable Radnor Drive in Bootle.

While the property is in need of modernisation, it offers a fantastic opportunity to create your dream home!

Inside, you will find two spacious reception rooms, with the rear room providing access to the generous-sized garden, which includes a paved area and lawn, perfect for those summer nights. The kitchen opens into a cozy morning room, ideal for casual dining. The property boasts two large double bedrooms and one good-sized single bedroom. The rear double bedroom also benefits from fitted wardrobes.
The wet room, located on the first floor, comprises of a wash basin and walk-in shower enclosure, finished with fully tiled walls. The separate W/C is conveniently located next to the wet room.

This home retains some original features, including a beautiful stained glass window on the landing, adding a touch of character and charm. Additionally, the property benefits from double glazing and gas central heating throughout.

The property features a driveway with ample space for off-road parking.

This property is a blank canvas, ready for you to put your personal stamp on it. Don’t miss out on this unique opportunity to own a home in one of Bootle’s most desirable locations. Contact us today to arrange a viewing!

Agent Details

Lyons Estates Ltd, Liverpool

0151 453 4335

Next Steps?

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