3 Bed Terraced House, Refurb/BRRR, Liverpool, L7 9LP, £95,000

Southbank Road, Edge Hill, Liverpool, Merseyside, L7 9LP - 5 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 10%
~93 m²
+3 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Refurb Costs

£39,428

Bridging Loan Interest

£2,494

Total Cash In

£71,472

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£131,208

Mortgage (After Refinance)

£98,406

Mortgage LTV

75%

Cash Released

£27,156

Cash Left In

£44,316

Equity

£32,802

Rent Range

£455 - £2,995

Rent Estimate

£1,291

Running Costs/mo

£688

Cashflow/mo

£603

Cashflow/yr

£7,233

ROI

10%

Gross Yield

16%













Local Rents

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

RentDateDistanceAddressBeds 
£2,30012/240.02 mi-3
£1,08004/240.03 mi-3
£1,10012/240.03 mi-3
£1,08004/240.03 miRomulus Street, Liverpool, L73
£1,00004/240.03 mi-3
£1,00011/240.08 mi-3
£1,45002/250.09 mi-3
£1,35003/250.09 mi-3
£87502/240.1 mi-3
£1,20012/240.14 mi-3
£1,74204/240.16 mi-3
£1,57504/240.16 mi-3
£1,54512/240.16 mi-3
£1,58212/240.16 mi-3
£1,75502/250.16 mi-3
£1,71105/240.16 mi-3
£1,71105/240.16 miLorne Street, Liverpool, L73
£75005/240.17 miFairfield Street, Liverpool, L73
£75005/240.17 mi-3
£2,99012/240.19 mi-3
£2,99501/250.19 mi-3
£95012/240.19 mi-3
£92512/240.19 mi-3
£90012/240.19 mi-3
£90012/240.19 mi-3
£90001/250.19 mi-3
£80005/240.19 miRawlins Street, Liverpool, Merseyside, L73
£1,00012/240.2 mi-3
£45504/240.2 miSt John Divine Church, Liverpool3
£57505/240.24 miGrampian Court, Grampian Road, Liverpool3
£1,10004/240.24 miMarrow Drive, L73
£1,45002/250.25 mi-3
£70012/240.26 mi-3
£95004/240.26 mi-3
£2,94512/240.27 mi-3
£2,94512/240.27 mi-3
£2,94501/250.27 mi-3
£1,30004/240.3 mi-3
£1,15012/240.3 mi-3
£79505/240.32 miBalmoral Road, Liverpool, Merseyside, L63
£79506/240.32 miBalmoral Road, Liverpool, Merseyside, L63
£79508/240.32 miBalmoral Road, Liverpool, Merseyside, L63
£95008/240.34 miWhitcroft Road, Liverpool, L63
£90005/240.35 miFrogmore Road, LIVERPOOL3
£85004/240.36 miFrogmore Road, Old Swan, Liverpool, Merseyside, L133
£85004/240.37 mi-3
£1,30012/240.38 mi-3
£2,90011/240.39 mi-3
£2,50002/250.39 mi-3
£87505/240.39 miArdleigh Grove, Liverpool, L133

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.75 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £95,000

November 14, 2024

Description

Introducing to the market this three-bedroom terraced house, now available for sale. Despite its need for renovation, this property presents a remarkable opportunity for prospective buyers to shape and personalise their future residence.

The house features two spacious reception rooms, offering ample space for both relaxation and entertainment. The potential for these rooms is vast and they could serve as the perfect setting for hosting social gatherings or for quiet family evenings at home.

The property boasts a sizeable kitchen, ready to be transformed into the heart of the home. With the right vision, this kitchen could be the perfect place for cooking up those homely meals or early morning coffees.

Upstairs, you will find three generously sized bedrooms, welcoming the morning light and providing comfortable quarters for family members or guests. Additionally, there is a single bathroom that, although in need of refurbishment, has the potential to be a tranquil oasis.

The property's EPC rating is E and it falls within the council tax band A.

This terraced house is a blank canvas waiting for the right buyer. Whether you are an investor seeking your next project or a family looking to put down roots and create your dream home, this could be the opportunity you've been waiting for. The possibility of transformation is what truly sets this property apart. Come and see for yourself the potential that this charming house holds.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

LIV240784/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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