3 Bed Terraced House, Refurb/BRRR, Liverpool, L9 1BQ, £100,000

Lancaster Street, Walton, Liverpool, Merseyside, L9 1BQ - 9 views - 5 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 6%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£67K - £270K
Sold Prices/m²£635/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£107,100
BMV2%

 

 

End Value (After Refurb)

£98,682

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,350

Refurb Costs

£39,200

Bridging Loan Interest

£2,625

Total Cash In

£72,925

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£98,682

Mortgage (After Refinance)

£74,012

Mortgage LTV

75%

Cash Left In

£72,925

Equity

£24,671

Rent Range

£455 - £1,150

Rent Estimate

£846

Running Costs/mo

£498

Cashflow/mo

£348

Cashflow/yr

£4,181

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £67K to £270K, average is £120K. £635/m² to £2.6K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£100K12/200.04 mi2, Helena Street, Liverpool, Merseyside L9 1BJ3
£87.7K04/210.06 mi34, York Street, Walton, Liverpool, Merseyside L9 1BW3
£82K05/230.06 mi36, York Street, Walton, Liverpool, Merseyside L9 1BW3
£77K08/230.11 mi36, Anglesea Road, Liverpool, Merseyside L9 1EA3
£96K01/230.13 mi15, Gladstone Road, Walton, Liverpool, Merseyside L9 1DX3
£85K02/230.16 mi10, Trevelyan Street, Liverpool, Merseyside L9 1EL3
£109K03/230.19 mi8, Elton Street, Liverpool, Merseyside L4 5RU3
£85.5K03/210.22 mi25, Astor Street, Liverpool, Merseyside L4 5RR3
£180K06/210.25 mi60, Stuart Road North, Bootle, Merseyside L20 9EU3
£68.5K12/200.26 mi135, Makin Street, Walton, Liverpool, Merseyside L4 5QF3
£92K11/210.27 mi9, Nixon Street, Liverpool, Merseyside L4 5PP3
£87K02/210.32 mi14, Penuel Road, Liverpool, Merseyside L4 6XA3
£67K10/210.33 mi11, Olney Street, Walton, Liverpool, Merseyside L4 5QN3
£70K11/200.34 mi14, Hampden Street, Liverpool, Merseyside L4 5TZ3
£240K07/230.35 mi118, Stuart Road North, Bootle, Merseyside L20 9ES3
£99.5K02/230.35 mi7, Bride Street, Liverpool, Merseyside L4 5QJ3
£130K10/210.35 mi27, Makin Street, Walton, Liverpool, Merseyside L4 5QE3
£85K11/200.35 mi7, Makin Street, Walton, Liverpool, Merseyside L4 5QE3
£146.5K06/210.36 mi43, Stonefont Close, Walton, Liverpool, Merseyside L9 1FB3
£140K05/210.36 mi1, Stonefont Close, Walton, Liverpool, Merseyside L9 1FB3
£147.5K03/230.36 mi26, Stonefont Close, Walton, Liverpool, Merseyside L9 1FB3
£89K05/230.37 mi28, Stuart Road, Walton, Liverpool, Merseyside L4 5QU3
£120K01/210.38 mi61, Cavendish Drive, Liverpool, Merseyside L9 1NB3
£120K09/230.38 mi40, Stalmine Road, Liverpool, Merseyside L9 1BZ3
£225K12/220.38 mi85, Southport Road, Bootle, Merseyside L20 9ED3
£96K01/210.38 mi42, Lenthall Street, Liverpool, Merseyside L4 5TW3
£110K02/230.38 mi20, Haldane Road, Liverpool, Merseyside L4 5UB3
£183K10/200.38 mi69, Southport Road, Bootle, Merseyside L20 9ED3
£210.5K07/210.38 mi85, Southport Road, Bootle, Merseyside L20 9ED3
£69K06/210.39 mi19, Dunbar Street, Liverpool, Merseyside L4 5TS3
£260.1K10/220.39 mi5, Hatfield Road, Bootle, Merseyside L20 9EP3
£146K04/210.4 mi12, Hatfield Road, Bootle, Merseyside L20 9EP3
£86K01/210.4 mi12, Pym Street, Liverpool, Merseyside L4 5TH3
£105K01/210.4 mi34, St Austells Road, Walton, Liverpool, Merseyside L4 5QP3
£270K08/210.41 mi1, Harrison Drive, Bootle, Merseyside L20 9JL3
£90K08/230.42 mi84, Bedford Road, Liverpool, Merseyside L4 5PZ3
£145K01/210.42 mi52, Yew Tree Road, Walton, Liverpool, Merseyside L9 1AL3
£205K10/220.42 mi135, Southport Road, Bootle, Merseyside L20 9EE3
£201K04/210.42 mi143, Southport Road, Bootle, Merseyside L20 9EE3
£212.5K06/230.42 mi103, Southport Road, Bootle, Merseyside L20 9EE3
£160K02/230.42 mi121, Southport Road, Bootle, Merseyside L20 9EE3
£170K04/240.43 mi9, Aboyne Close, Liverpool, Merseyside L9 2DJ3
£150K11/210.43 mi9, Aboyne Close, Liverpool, Merseyside L9 2DJ3
£155K12/220.43 mi6, Cedardale Road, Walton, Liverpool, Merseyside L9 1DA3
£95K04/230.43 mi35, Romley Street, Liverpool, Merseyside L4 5TD3
£227.5K02/230.43 mi210, Southport Road, Bootle, Merseyside L20 9EJ3
£114.5K06/230.44 mi20, St Marys Lane, Liverpool, Merseyside L4 5UA3
£237.5K06/210.44 mi202, Southport Road, Bootle, Merseyside L20 9EJ3
£168K11/230.45 mi33, Hornby Close, Liverpool, Merseyside L9 3DA3
£168K12/200.45 mi7, Hornby Close, Liverpool, Merseyside L9 3DA3

Local Rents

51 rents from £455/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£90004/240.01 miLancaster Street, Walton, L9 1BQ3
£95012/240.03 mi-3
£79506/240.05 mi-3
£79502/250.07 mi-3
£77505/240.13 mi-3
£77505/240.13 miGladstone Road, Walton, Liverpool, L93
£80005/240.13 miGladstone Road, Walton, Liverpool, L93
£85005/240.14 miGladstone Road, Walton3
£85001/250.14 mi-3
£80012/240.16 mi-3
£1,10001/250.2 mi-3
£85012/240.21 mi-3
£85007/240.22 miOlney Street, Liverpool, L43
£72504/240.25 miOlney Street, Walton, Liverpool, L43
£88907/240.26 mi-3
£89903/250.26 mi-3
£70003/240.26 mi-3
£90007/240.31 miWeldon Street, Liverpool, Merseyside, L43
£77502/240.31 mi-3
£85004/240.32 miBroadbelt St, L43
£90002/250.33 mi-3
£82505/240.33 miHampden Street, Walton3
£85012/230.33 mi-3
£85001/250.33 mi-3
£85003/250.33 mi-3
£65003/240.33 mi-3
£1,10008/240.34 mi-3
£1,15008/240.34 miIreton Street, Liverpool, L43
£1,10012/240.35 mi-3
£77505/240.36 miMakin Street, Liverpool3
£77507/240.36 miMakin Street, Liverpool3
£75005/240.37 mi-3
£1,00003/250.38 mi-3
£45503/240.38 miStalmine Road, Liverpool, Merseyside, L93
£85007/240.38 miMandeville St, L43
£77509/240.39 mi-3
£75008/240.39 miLenthall Street, L43
£95012/240.4 mi-3
£89508/240.41 miBellamy Road, Liverpool3
£80005/240.41 miBellamy Road, Liverpool3
£89508/240.41 miBellamy Road, L43
£89508/240.41 miBellamy Road, L43
£75006/240.41 mi-3
£85008/240.42 miHahnemann Road, Liverpool, L43
£75005/240.42 miHahnemann Road, Liverpool, Merseyside, L43
£87501/250.42 mi-3
£90012/240.43 mi-3
£1,00004/240.44 mi-3
£85007/240.44 miMargaret Road, L43
£87504/240.45 miDyson Street, LIVERPOOL3
£80005/240.46 miWalton Village, Walton, Liverpool, L43

Local Area Statistics

Population in L9

32,585

Population in Liverpool

675,519

Town centre distance

0.74 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £100,000

January 19, 2025

Listed for £105,000

November 18, 2024

Description

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

NB. This property is exclusively available to OWNER OCCUPIERS for the first four weeks of marketing after which the property will additionally be marketed to PRIVATE LANDLORDS accredited by the relevant local authority.

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 vestibule, hall, lounge, living room and kitchen. To the first floor there are three bedrooms and shower room 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 offered with no chain delay. 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 💪