ValuationOvervalued

Sold Prices	£175K - £850K
Sold Prices/m²	£942/m² - £3.1K/m²

Square Metres	~112.20 m²
Price/m²	£2.7K/m²
Value Estimate	£209,631£209,631

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£21,200£21,200
Total Cash In	£96,200£96,200

Cash Out
Room Rate	£545£545
Gross Rent	£2,725
Running Costs/mo	£2,076£2,076
Cashflow/mo	£649£649
Cashflow/yr	£7,791£7,791
ROI	8%8%
Gross Yield	11%11%

Local Sold Prices

23 sold prices from £175K to £850K, average is £415K. £942/m² to £3.1K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£317K	01/25	0.34 mi	44, North Road, Birkenhead CH42 7JF	£1,626	195	5	Semi-Detached House
£180K	11/24	0.35 mi	56, The Woodlands, Birkenhead, Merseyside CH41 2SL	£942	191	5	Terraced House
£175K	06/25	0.4 mi	52, Westbourne Road, Prenton CH43 4TG	£1,535	114	5	Semi-Detached House
£175K	06/25	0.4 mi	52, Westbourne Road, Prenton CH43 4TG	-	-	5	Terraced House
£397.5K	02/23	0.44 mi	12, Clarence Road, Birkenhead, Merseyside CH42 7JR	£1,529	260	5	Semi-Detached House
£415K	12/22	0.46 mi	10, Christchurch Road, Prenton, Merseyside CH43 5SE	£2,627	158	5	Detached House
£325K	03/25	0.52 mi	62, Westbank Road, Birkenhead CH42 7JP	£1,675	194	5	Semi-Detached House
£325K	03/25	0.52 mi	62, Westbank Road, Birkenhead CH42 7JP	-	-	5	Semi-Detached House
£253.5K	06/21	0.52 mi	43, Westbank Road, Birkenhead, Merseyside CH42 7JP	-	-	5	Semi-Detached House
£650K	02/23	0.54 mi	35, Christchurch Road, Prenton, Merseyside CH43 5SF	£2,529	257	5	Semi-Detached House
£500K	10/22	0.56 mi	39, Devonshire Road, Prenton, Merseyside CH43 4UP	-	-	5	Terraced House
£540K	03/25	0.62 mi	38, Poplar Road, Prenton CH43 5TB	£3,140	172	5	Terraced House
£540K	03/25	0.62 mi	38, Poplar Road, Prenton CH43 5TB	-	-	5	Terraced House
£730K	05/23	0.63 mi	15, Poplar Road, Oxton, Prenton, Merseyside CH43 5TB	£2,559	285	5	Semi-Detached House
£595K	06/21	0.7 mi	3, Fairclough Lane, Prenton, Merseyside CH43 5SS	-	-	5	Semi-Detached House
£688K	06/21	0.71 mi	2, Mount Pleasant, Prenton, Merseyside CH43 5SY	-	-	5	Detached House
£475K	05/21	0.77 mi	26, Palm Grove, Prenton, Merseyside CH43 1TF	-	-	5	Semi-Detached House
£850K	11/21	0.78 mi	39, Village Road, Prenton, Merseyside CH43 6TZ	-	-	5	Detached House
£350K	04/23	0.83 mi	96, Prenton Road West, Birkenhead, Merseyside CH42 9PX	£2,071	169	5	Semi-Detached House
£480K	03/23	0.94 mi	42, Beresford Road, Prenton, Merseyside CH43 1XJ	-	-	5	Semi-Detached House
£503K	11/22	0.98 mi	7, Waterpark Road, Birkenhead, Merseyside CH42 9NZ	£2,061	244	5	Semi-Detached House
£336.4K	02/23	1 mi	23, Curzon Road, Birkenhead, Merseyside CH42 8PD	-	-	5	Terraced House
£317.5K	04/24	1 mi	3, Elm Road, Birkenhead CH42 9NY	£1,588	200	5	Detached House

Local Area Statistics

Population in CH42	31,28731,287
Population in Birkenhead	88,46288,462
Town centre distance	0.26 miles away0.26 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-3%-3%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+31%+31%

Property History

Price changed to £300,000

December 26, 2024

Listed for £350,000

November 25, 2024

Sold for £258,000

2022

Sold for £51,000

2011

Sold for £50,000

2011

Sold for £12,000

1996

Floor Plans

Description

Approx Annual Income Achievable : £32,700 +
Great Investment Opportunity +
Five Bedroom HMO +
Recently Refurbished +
Four En Suites +
Approx 1,208 Sq.Ft +

This recently renovated 5-bedroom HMO property on Laurel Road in Birkenhead offers an excellent investment opportunity. The property features five spacious bedrooms, four of which come with en suite bathrooms, providing high levels of privacy and comfort. A well-equipped communal kitchen serves as the heart of the home, with easy access to a downstairs communal shower room. With a projected rental income of £2,725 per month (£32,700 annually), this property offers a strong return on investment.