3 Bed Terraced House, Refurb/BRRR, Liverpool, L7 9LF, £125,000

321 Edge Lane, Liverpool, Merseyside, L7 9LF - 10 views - 4 months ago

Refurb/BRRR
ROI: 9%
93 m²
+2 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£39,581

Bridging Loan Interest

£3,281

Total Cash In

£80,812

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£131,716

Mortgage (After Refinance)

£98,787

Mortgage LTV

75%

Cash Released

£5,037

Cash Left In

£75,776

Equity

£32,929

Rent Range

£455 - £2,995

Rent Estimate

£1,272

Running Costs/mo

£686

Cashflow/mo

£586

Cashflow/yr

£7,032

ROI

9%

Gross Yield

12%













Local Rents

50 rents from £455/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,08004/240.07 mi-3
£1,10012/240.07 mi-3
£1,08004/240.07 miRomulus Street, Liverpool, L73
£2,30012/240.08 mi-3
£1,00004/240.08 mi-3
£1,00011/240.13 mi-3
£87502/240.14 mi-3
£1,45002/250.15 mi-3
£1,35003/250.15 mi-3
£2,99012/240.19 mi-3
£2,99501/250.19 mi-3
£1,20012/240.19 mi-3
£45504/240.19 miSt John Divine Church, Liverpool3
£1,74204/240.21 mi-3
£1,57504/240.21 mi-3
£1,54512/240.21 mi-3
£1,58212/240.21 mi-3
£1,75502/250.21 mi-3
£1,71105/240.22 mi-3
£1,71105/240.22 miLorne Street, Liverpool, L73
£75005/240.22 miFairfield Street, Liverpool, L73
£75005/240.22 mi-3
£1,00012/240.23 mi-3
£95012/240.25 mi-3
£92512/240.25 mi-3
£90012/240.25 mi-3
£90012/240.25 mi-3
£90001/250.25 mi-3
£80005/240.25 miRawlins Street, Liverpool, Merseyside, L73
£57505/240.26 miGrampian Court, Grampian Road, Liverpool3
£70012/240.28 mi-3
£95004/240.29 mi-3
£1,10004/240.3 miMarrow Drive, L73
£1,45002/250.3 mi-3
£2,94512/240.3 mi-3
£2,94512/240.3 mi-3
£2,94501/250.3 mi-3
£1,30004/240.32 mi-3
£1,15012/240.32 mi-3
£79505/240.35 miBalmoral Road, Liverpool, Merseyside, L63
£79506/240.35 miBalmoral Road, Liverpool, Merseyside, L63
£79508/240.35 miBalmoral Road, Liverpool, Merseyside, L63
£95008/240.38 miWhitcroft Road, Liverpool, L63
£90004/240.39 miBeech Street, Kensington, Liverpool, L73
£1,23505/240.4 miEdge Lane, Liverpool3
£90005/240.4 miFrogmore Road, LIVERPOOL3
£2,90011/240.4 mi-3
£2,50002/250.4 mi-3
£48105/240.41 miFlat 3, 263, Edge Lane, Liverpool3
£48104/240.41 miFlat 2, 263, Edge Lane, Liverpool3

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.79 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £125,000

November 8, 2024

Sold for £85,000

2006

Sold for £39,000

2003

Sold for £29,500

1995

Floor Plans

Description

  • Mid Terraced House +
  • Two Reception Rooms +
  • Two Bathrooms +
  • Three Bedrooms +
  • Double Glazed Windows +
  • Gas Central Heating +
  • In Need Of Modernisation +
  • No Chain Delay +

Sutton Kersh are advertising to the open sales market this three bedroom mid terraced house in need of modernisation. The property briefly comprises to the ground floor, entrance hall, lounge, living room, kitchen and downstairs bathroom. To the first floor there are three bedrooms and second bathroom and to the outside there is a rear yard. The property further benefits from double glazed windows and gas central heating making this a great purchase. Call our local high street branch today to gain more information or to book a viewing.

Agent Details

Sutton Kersh, City Centre

0151 453 0671

Next Steps?

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