3 Bed Terraced House, Refurb/BRRR, Liverpool, L26 1TG, £145,000

Honey Hall Road, Liverpool, L26 1TG - 4 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£83.5K - £370K
Sold Prices/m²£1.2K/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£146,450

 

 

End Value (After Refurb)

£169,588

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Refurb Costs

£39,200

Bridging Loan Interest

£3,806

Total Cash In

£86,556

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£169,588

Mortgage (After Refinance)

£127,191

Mortgage LTV

75%

Cash Released

£18,441

Cash Left In

£68,115

Equity

£42,397

Rent Range

£800 - £1,400

Rent Estimate

£1,025

Running Costs/mo

£755

Cashflow/mo

£270

Cashflow/yr

£3,240

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £83.5K to £370K, average is £162.5K. £1.2K/m² to £3.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£133K02/210 mi70, Honey Hall Road, Liverpool, Merseyside L26 1TG3
£150K04/230.06 mi15, Honey Hall Road, Liverpool, Merseyside L26 1TE3
£120K06/210.06 mi9, Honey Hall Road, Liverpool, Merseyside L26 1TE3
£327K07/220.06 mi196, Higher Road, Liverpool, Merseyside L26 1UW3
£142.5K02/210.1 mi1a, Torrington Drive, Liverpool, Merseyside L26 1TN3
£110K09/210.1 mi59, Lichfield Road, Halewood, Liverpool, Merseyside L26 1YE3
£100K11/200.1 mi65, Lichfield Road, Halewood, Liverpool, Merseyside L26 1YE3
£242.1K06/210.11 mi131, Higher Road, Liverpool, Merseyside L26 1UN3
£170.5K12/200.12 mi12, Almond Close, Liverpool, Merseyside L26 1XL3
£237.5K03/230.13 mi7, Wood Road, Liverpool, Merseyside L26 1UY3
£245K12/220.13 mi9, Wood Road, Liverpool, Merseyside L26 1UY3
£202K06/210.13 mi80, Woodland Road, Halewood, Liverpool, Merseyside L26 1XF3
£83.5K12/220.16 mi65, Woodland Road, Halewood, Liverpool, Merseyside L26 1XE3
£85K11/200.16 mi67, Torrington Drive, Liverpool, Merseyside L26 1YG3
£165K09/220.16 mi45, Woodland Road, Halewood, Liverpool, Merseyside L26 1XE3
£116K07/210.16 mi7, Lichfield Road, Halewood, Liverpool, Merseyside L26 1YD3
£152K01/230.16 mi1, Lichfield Road, Halewood, Liverpool, Merseyside L26 1YD3
£110K08/220.17 mi5, Tiverton Road, Liverpool, Merseyside L26 1UH3
£198K03/210.17 mi33, Oakwood Road, Liverpool, Merseyside L26 1XD3
£179K11/200.17 mi69, Oakwood Road, Liverpool, Merseyside L26 1XD3
£182.5K11/200.18 mi92, Oakwood Road, Liverpool, Merseyside L26 1XH3
£200K04/230.18 mi46, Oakwood Road, Liverpool, Merseyside L26 1XH3
£138.8K11/220.18 mi35, Oakwood Road, Liverpool, Merseyside L26 1XD3
£220K10/220.18 mi185, Higher Road, Liverpool, Merseyside L26 1UN3
£155K11/220.19 mi67, Boundary Farm Road, Liverpool, Merseyside L26 1TZ3
£177.5K02/210.2 mi80, Beechwood Avenue, Liverpool, Merseyside L26 1XB3
£110K12/220.21 mi22, Lakenheath Road, Liverpool, Merseyside L26 1UQ3
£130K11/220.21 mi84, Boundary Farm Road, Liverpool, Merseyside L26 1UB3
£188K12/220.23 mi58, Beechwood Avenue, Liverpool, Merseyside L26 1XB3
£160K02/210.23 mi44, Hawthorne Avenue, Liverpool, Merseyside L26 9XD3
£154K02/210.24 mi6, Mendip Close, Liverpool, Merseyside L26 1XU3
£190K04/210.27 mi192, Leathers Lane, Liverpool, Merseyside L26 1XQ3
£140K08/220.27 mi10, Georgian Close, Liverpool, Merseyside L26 9XU3
£124K10/200.27 mi3, Georgian Close, Liverpool, Merseyside L26 9XU3
£200K10/220.29 mi14, Cotswolds Crescent, Liverpool, Merseyside L26 1XX3
£300K10/200.3 mi23, Blackburne Drive, Liverpool, Merseyside L25 0QE3
£325K11/200.3 mi25, Blackburne Drive, Liverpool, Merseyside L25 0QE3
£318K06/210.3 mi53, Higher Road, Liverpool, Merseyside L26 1TA3
£120K07/210.3 mi19, Norley Place, Liverpool, Merseyside L26 9XF3
£335K11/220.3 mi53, Higher Road, Liverpool, Merseyside L26 1TA3
£170K07/210.31 mi10, Compton Way, Halewood, Liverpool, Merseyside L26 9XG3
£365K03/230.33 mi24, Blackburne Drive, Liverpool, Merseyside L25 0QF3
£150K11/200.33 mi11, Hertford Close, Liverpool, Merseyside L26 1XY3
£185K02/230.33 mi1, Keston Walk, Liverpool, Merseyside L26 9XQ3
£149.9K07/220.36 mi19, Maldon Close, Liverpool, Merseyside L26 9XL3
£145K12/200.37 mi72, Fernwood Drive, Liverpool, Merseyside L26 7ZB3
£125.8K02/210.39 mi43, Dunacre Way, Liverpool, Merseyside L26 0XH3
£317.3K06/210.4 mi242, Higher Road, Liverpool, Merseyside L26 9UE3
£130K04/210.4 mi62, Brent Way, Liverpool, Merseyside L26 9XH3
£370K06/230.43 mi17, Higher Road, Liverpool, Merseyside L25 0QG3

Local Rents

15 rents from £800/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£90004/250.09 mi-3
£89505/240.1 miHoney Hall Road, Halewood, Liverpool, L263
£1,00005/240.14 miBeechfield Close, Halewood3
£95009/240.24 mi-3
£95004/240.24 miHawthorne Avenue, Liverpool, Merseyside. L26 9XB3
£1,25002/250.25 mi-3
£1,20003/250.25 mi-3
£1,00001/250.39 mi-3
£1,20005/240.4 miHigher Road, Liverpool, Merseyside, L263
£1,05004/240.53 miPalmerston Drive,Halewood,Liverpool,L253
£95005/240.56 miStirling Lane, L25 EPOSIT***3
£1,40012/240.6 mi-3
£1,00012/240.6 mi-3
£1,10005/240.6 miMullion Close, Liverpool, Merseyside, L263
£80004/240.62 miLeathers Lane, Halewood, Liverpool, L263

Local Area Statistics

Population in L26

15,149

Population in Liverpool

675,519

Town centre distance

8.93 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £145,000

November 19, 2024

Floor Plans

Description

  • Mid Terrace Family Home +
  • In Need Of Some Modernisation +
  • Lounge & Kitchen/ Diner +
  • Three Bedrooms & Shower Bathroom +
  • Separate W.C. +
  • Driveway Parking +
  • Private Rear Garden +
  • No Chain +
  • Close To Local Amenities & Transport Networks +
  • Viewing Highly Recommended +

The Property
This mid-terrace family home, located on Honey Hall Road, presents a fantastic opportunity for those seeking a property to put their own stamp on. Although in need of some updating, the home offers spacious and well-proportioned accommodation, ideal for families looking to create their perfect living space.

The property welcomes you with an entrance hall, leading into the generously sized lounge, a comfortable space for relaxing and unwinding. At the heart of the home is the kitchen/diner, offering ample room for family meals and potential to modernise and create an open-plan kitchen area. This space offers a great opportunity for a contemporary redesign.

Upstairs, the property comprises three good-sized bedrooms, providing plenty of space for family living. The shower room, along with a separate W.C., is conveniently located on this floor, offering practicality and scope for improvement.

Externally, the property benefits from a driveway to the front, providing off-road parking for residents. To the rear, there is a garden, offering space for outdoor relaxation or potential for further development, subject to planning.

Honey Hall Road is located in a popular residential area, close to local amenities, schools, and transport links, making it an ideal choice for families or investors looking for a project. With some modernisation, this property has the potential to become a wonderful family home in a sought-after location.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Liverpool

020 3907 2647

Next Steps?

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