3 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L21 1BP, £150,000

Beech Grove, Liverpool, L21 1BP - 1 views - 5 months ago

Under Offer
Refurb/BRRR
ROI: 5%
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£52K - £196K
Sold Prices/m²£697/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£111,370

 

 

End Value (After Refurb)

£146,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£39,200

Bridging Loan Interest

£3,938

Total Cash In

£91,588

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£146,000

Mortgage (After Refinance)

£109,500

Mortgage LTV

75%

Cash Left In

£91,588

Equity

£36,500

Rent Range

£625 - £2,745

Rent Estimate

£1,100

Running Costs/mo

£696

Cashflow/mo

£404

Cashflow/yr

£4,845

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £52K to £196K, average is £117.5K. £697/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£90K12/200.07 mi13, Poplar Grove, Liverpool, Merseyside L21 1BR3
£76K12/230.07 mi25, Poplar Grove, Liverpool, Merseyside L21 1BR3
£120K09/230.15 mi2, Clarendon Road, Seaforth, Liverpool, Merseyside L21 4LP3
£127K12/200.16 mi26, Gladstone Road, Seaforth, Liverpool, Merseyside L21 1DQ3
£123.5K11/230.16 mi65, Thomson Road, Liverpool, Merseyside L21 1AN3
£111K03/230.17 mi67, Thomson Road, Liverpool, Merseyside L21 1AN3
£105K09/230.17 mi12, Hawarden Grove, Liverpool, Merseyside L21 3TS3
£180K07/230.17 mi5, Hicks Road, Seaforth, Liverpool, Merseyside L21 3TD3
£77.5K06/210.17 mi43, Muspratt Road, Liverpool, Merseyside L21 4NN3
£130K10/220.21 mi22, Bellini Close, Liverpool, Merseyside L21 4PL3
£102K12/220.21 mi91, Muspratt Road, Liverpool, Merseyside L21 4NW3
£110K11/220.21 mi25, Ewart Road, Seaforth, Liverpool, Merseyside L21 1AL3
£148K11/220.22 mi21, Ewart Road, Seaforth, Liverpool, Merseyside L21 1AL3
£115K01/240.24 mi157, Muspratt Road, Liverpool, Merseyside L21 4NP3
£85K08/210.24 mi163, Muspratt Road, Liverpool, Merseyside L21 4NP3
£95K09/230.24 mi159, Muspratt Road, Liverpool, Merseyside L21 4NP3
£97K07/210.26 mi96, Rawson Road, Liverpool, Merseyside L21 1DA3
£86K12/210.27 mi3, Claremont Road, Seaforth, Liverpool, Merseyside L21 1HS3
£120K05/210.31 mi122, Claremont Road, Seaforth, Liverpool, Merseyside L21 1JG3
£133.5K10/200.31 mi120, Claremont Road, Seaforth, Liverpool, Merseyside L21 1JG3
£143K09/230.34 mi2, Moorhead Close, Litherland, Liverpool, Merseyside L21 2NA3
£137.5K11/220.35 mi34, Croxteth Avenue, Liverpool, Merseyside L21 6NB3
£196K09/210.35 mi10, Ash Road, Liverpool, Merseyside L21 2PY3
£177.5K11/230.36 mi34, Rawson Close, Liverpool, Merseyside L21 1JQ3
£77K01/210.36 mi49, Croxteth Avenue, Liverpool, Merseyside L21 6NA3
£138K06/230.37 mi18, Corinthian Street, Liverpool, Merseyside L21 1HQ3
£152.5K09/230.37 mi3, Ridgewell Close, Litherland, Liverpool, Merseyside L21 2ND3
£140K02/230.39 mi22, Eaton Avenue, Liverpool, Merseyside L21 6NQ3
£142K11/200.39 mi25, Pritchard Avenue, Liverpool, Merseyside L21 1EJ3
£80K04/210.4 mi46, Boswell Street, Bootle, Merseyside L20 4RP3
£77.5K12/220.4 mi19, Boswell Street, Bootle, Merseyside L20 4RP3
£97K02/210.4 mi9, Eaton Avenue, Liverpool, Merseyside L21 6NG3
£75K03/210.4 mi57, Eaton Avenue, Liverpool, Merseyside L21 6NG3
£76.5K02/210.41 mi48, Cowper Street, Bootle, Merseyside L20 4RS3
£90K08/230.41 mi20, Hornby Boulevard, Liverpool, Merseyside L21 8HG3
£112K03/210.41 mi6, Parker Avenue, Liverpool, Merseyside L21 1EL3
£160K10/230.42 mi17, Beach Road, Liverpool, Merseyside L21 2PN3
£120K07/210.45 mi8, Ince Avenue, Litherland, Liverpool, Merseyside L21 6NL3
£146K10/230.46 mi5, Woodland Road, Seaforth, Liverpool, Merseyside L21 1DY3
£73K05/210.47 mi95, Norton Street, Bootle, Merseyside L20 4PJ3
£125K12/200.47 mi22, Sefton Avenue, Liverpool, Merseyside L21 6NH3
£105K09/230.47 mi14, Sefton Avenue, Liverpool, Merseyside L21 6NH3
£105K11/220.48 mi2, Sefton Avenue, Liverpool, Merseyside L21 6NH3
£120K09/230.49 mi19, Durham Road, Liverpool, Merseyside L21 1EE3
£120K11/200.49 mi40, Ruthven Road, Litherland, Liverpool, Merseyside L21 2PE3
£120K08/210.49 mi33, Dewlands Road, Liverpool, Merseyside L21 1JF3
£52K11/210.5 mi69, Longfield Road, Liverpool, Merseyside L21 8LA3
£133K10/200.51 mi18, Ranelagh Avenue, Liverpool, Merseyside L21 2PR3
£68K01/240.52 mi14, Beechwood Road, Litherland, Liverpool, Merseyside L21 8JZ3
£180K05/230.53 mi34, Ascot Avenue, Liverpool, Merseyside L21 2PS3

Local Rents

50 rents from £625/mo to £2.7K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£82502/240.09 mi-3
£86504/240.09 mi-3
£97512/240.09 mi-3
£79504/240.1 mi-3
£90001/240.13 mi-3
£85004/240.13 miChurch Road, Liverpool3
£79511/240.14 mi-3
£75003/250.14 mi-3
£80011/240.14 mi-3
£75002/250.14 mi-3
£79503/240.15 mi-3
£89504/250.17 mi-3
£85010/240.18 mi-3
£82512/240.21 miMuspratt Road, L21 4NW3
£90004/240.22 miMaple Close, Bootle, Merseyside, L213
£95004/240.22 mi-3
£77502/240.27 mi-3
£80005/240.35 miWarton Street, Bootle, Merseyside, L203
£77505/240.35 mi-3
£77505/240.35 miGray St, Bootle, L203
£77506/240.35 miGray St, Bootle, L203
£92502/250.37 mi-3
£75005/240.38 miBurns Street, Bootle, Liverpool, L203
£75005/240.4 miCowper street, L203
£70004/240.4 miCowper Street, Bootle3
£82503/250.4 mi-3
£62505/240.43 miMoore Street, Bootle3
£75004/240.45 miChesnut Road, Liverpool3
£89510/240.45 mi-3
£80005/240.47 miNorton Street, Bootle, L203
£72504/240.47 miNorton Street, Bootle3
£87504/240.47 mi-3
£92503/250.48 mi-3
£70005/240.48 miEliot Street, Bootle3
£72504/250.52 mi-3
£65004/240.52 miChelsea Road, Liverpool3
£97512/240.54 miCunard Road, L21 8NA, 3
£89504/240.54 miPercy Street, Bootle3
£87504/250.54 mi-3
£1,10005/240.55 miLongfellow Street, Bootle, Merseyside, L203
£87504/240.55 miLongfellow Street, L203
£75004/250.58 mi-3
£79504/250.6 mi-3
£85002/250.6 mi-3
£1,93504/240.6 mi-3
£2,74503/240.6 mi-3
£2,74503/240.6 mi-3
£2,74512/240.6 mi-3
£1,93512/240.6 mi-3
£1,93512/240.6 mi-3

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

1.46 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £150,000

November 22, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • FREEHOLD +
  • REQUIRES MODERNISATION +
  • PERFECT FOR FAMILY OR DEVELOPER +
  • GARAGE +
  • CONSERVATORY +
  • THREE BEDROOMS +
  • DRIVEWAY +
  • LARGE GARDEN +
  • TWO RECEPTION ROOMS +

LYONS ESTATES are pleased to offer FOR SALE this THREE bedroom semi detached house on Beech Grove, L21. This spacious house requires modernisation throughout and is a perfect canvas, ready for your personal touch! Situated in a highly sought-after area, the property boasts excellent amenities and transport links. In a popular area, with easy access to public transport links, including nearby train stations and bus routes, making commuting a breeze. Local amenities such as shops, schools, and parks are all within close proximity, enhancing the appeal of this already desirable location.To the ground floor you will find two generous reception rooms separated by double doors, providing the flexibility of an open-plan living space or more traditional rooms. The house boasts a double extension, offering ample space for a garage and a large conservatory, perfect for family gatherings.Upstairs, you’ll find the three bedrooms, all of which are good size doubles, ideal for a growing family.

The bathroom comes with a separate W/C for added convenience.The large garden at the rear provides flagged patio and lawn area, perfect for those warm summer nights!Although the property requires modernisation, it holds immense potential to be transformed into your perfect home. Ideal family home or project for a developer. Rental assessment post refurbished £13,200 per annum.

Call LYONS ESTATES now 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 💪