3 Bed Semi-Detached House, Single Let, Liverpool, L12 8RL, £160,000

Melwood Drive, Liverpool, Merseyside, L12 8RL - 5 months ago

Sold STC

BTL

ROI: 4%

~93 m²

+6 photos

ValuationUndervalued

Sold Prices	£123.3K - £360K
Sold Prices/m²	£1.5K/m² - £3.6K/m²

Square Metres	~93 m²
Price/m²	£1.7K/m²
Value Estimate	£192,000£192,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£40,000£40,000
Stamp Duty & Legal Fees	£9,900£9,900
Total Cash In	£49,900£49,900

Cash Out
Rent Range	£800 - £2,250£800 - £2,250
Rent Estimate	£850
Running Costs/mo	£690£690
Cashflow/mo	£160£160
Cashflow/yr	£1,920£1,920
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £123.3K to £360K, average is £183.5K. £1.5K/m² to £3.6K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£230K	11/21	0.01 mi	11, Melwood Drive, Liverpool, Merseyside L12 8RL	£2,903	79	3	Semi-Detached House
£200K	07/21	0.03 mi	42, Melwood Drive, Liverpool, Merseyside L12 8RW	£2,594	77	3	Semi-Detached House
£196K	07/21	0.03 mi	18, Melwood Drive, Liverpool, Merseyside L12 8RW	-	-	3	Semi-Detached House
£136.5K	03/21	0.03 mi	46, Melwood Drive, Liverpool, Merseyside L12 8RW	£1,978	69	3	Semi-Detached House
£187K	05/21	0.05 mi	17, Elmtree Close, Liverpool, Merseyside L12 8RR	£2,833	66	3	Semi-Detached House
£267.5K	03/21	0.11 mi	123, South Parkside Drive, Liverpool, Merseyside L12 8RP	£2,940	91	3	Semi-Detached House
£180K	06/21	0.13 mi	77, Town Row, Liverpool, Merseyside L12 8RJ	-	-	3	Semi-Detached House
£220K	08/21	0.14 mi	67, Crown Road, Liverpool, Merseyside L12 8RS	£2,115	104	3	Semi-Detached House
£197.5K	02/21	0.17 mi	8, Spring Grove, Liverpool, Merseyside L12 8SJ	-	-	3	Semi-Detached House
£276K	11/20	0.17 mi	51, Town Row, Liverpool, Merseyside L12 5HG	£2,029	136	3	Semi-Detached House
£285K	01/21	0.19 mi	46, Barnfield Drive, Liverpool, Merseyside L12 1LB	£2,436	117	3	Semi-Detached House
£200K	09/21	0.19 mi	91, Melwood Drive, Liverpool, Merseyside L12 8RN	£2,381	84	3	Semi-Detached House
£210K	04/23	0.19 mi	137, Melwood Drive, Liverpool, Merseyside L12 8RN	-	-	3	Semi-Detached House
£252K	10/22	0.19 mi	139, Melwood Drive, Liverpool, Merseyside L12 8RN	£2,769	91	3	Semi-Detached House
£145K	11/20	0.2 mi	10, Norris Green Road, Liverpool, Merseyside L12 8QQ	£1,667	87	3	Terraced House
£125K	12/20	0.2 mi	30, Norris Green Road, Liverpool, Merseyside L12 8QQ	£1,471	85	3	Terraced House
£163K	06/23	0.21 mi	7, Norris Green Road, Liverpool, Merseyside L12 8QG	-	-	3	Semi-Detached House
£145K	02/21	0.21 mi	37, Norris Green Road, Liverpool, Merseyside L12 8QG	£1,959	74	3	Terraced House
£150K	04/21	0.21 mi	2, Bonsall Road, Liverpool, Merseyside L12 8QJ	-	-	3	Terraced House
£175K	12/21	0.23 mi	44, Deysbrook Lane, Liverpool, Merseyside L12 8RG	-	-	3	Semi-Detached House
£210K	06/21	0.24 mi	29, Marford Road, Liverpool, Merseyside L12 5HH	-	-	3	Semi-Detached House
£177K	07/23	0.24 mi	67, Hartington Road, West Derby, Liverpool, Merseyside L12 8QN	£1,639	108	3	Terraced House
£165K	11/22	0.25 mi	64, Rosthwaite Road, Liverpool, Merseyside L12 8QF	£1,919	86	3	Terraced House
£143K	11/20	0.26 mi	40, Rosthwaite Road, Liverpool, Merseyside L12 8QF	£1,702	84	3	Terraced House
£193K	06/21	0.26 mi	10, Glenmarsh Close, Liverpool, Merseyside L12 9HD	-	-	3	Semi-Detached House
£180K	12/22	0.26 mi	21, Rosthwaite Road, Liverpool, Merseyside L12 8QD	£2,060	87	3	Terraced House
£127.5K	01/23	0.27 mi	65, Hartington Road, West Derby, Liverpool, Merseyside L12 8QN	-	-	3	Terraced House
£190K	08/21	0.27 mi	36, Lisleholme Road, Liverpool, Merseyside L12 8RU	-	-	3	Semi-Detached House
£172.5K	01/21	0.27 mi	2, Lisleholme Road, Liverpool, Merseyside L12 8RU	£2,067	83	3	Semi-Detached House
£170K	02/21	0.27 mi	24, Lisleholme Road, Liverpool, Merseyside L12 8RU	£1,889	90	3	Semi-Detached House
£235K	07/21	0.28 mi	140, Eaton Road, West Derby, Liverpool, Merseyside L12 1LX	£2,474	95	3	Semi-Detached House
£240K	12/21	0.29 mi	41, Darley Drive, Liverpool, Merseyside L12 8QP	£3,158	76	3	Semi-Detached House
£165K	02/21	0.29 mi	41, Darley Drive, Liverpool, Merseyside L12 8QP	£2,171	76	3	Semi-Detached House
£161K	04/21	0.31 mi	42, Harbern Close, Liverpool, Merseyside L12 8SR	£2,091	77	3	Semi-Detached House
£285K	02/21	0.34 mi	25, Apsley Road, Liverpool, Merseyside L12 8QY	£2,478	115	3	Semi-Detached House
£160K	01/23	0.35 mi	27, Allerford Road, Liverpool, Merseyside L12 4XN	£1,928	83	3	Terraced House
£157K	06/21	0.36 mi	2a, Apsley Road, Liverpool, Merseyside L12 8QZ	£1,670	94	3	Semi-Detached House
£245K	01/21	0.36 mi	22, Apsley Road, Liverpool, Merseyside L12 8QZ	£2,692	91	3	Semi-Detached House
£360K	12/22	0.39 mi	29, Bellefield Avenue, Liverpool, Merseyside L12 1LR	£3,614	100	3	Terraced House
£225K	01/21	0.39 mi	265, Eaton Road, West Derby, Liverpool, Merseyside L12 2AG	£2,320	97	3	Semi-Detached House
£300K	05/23	0.41 mi	47, Alvanley Road, West Derby, Liverpool, Merseyside L12 9EH	£2,703	111	3	Semi-Detached House
£207K	02/21	0.41 mi	62, Alvanley Road, West Derby, Liverpool, Merseyside L12 9EH	£2,156	96	3	Semi-Detached House
£270K	11/22	0.41 mi	67, Alvanley Road, West Derby, Liverpool, Merseyside L12 9EH	-	-	3	Terraced House
£205K	03/23	0.41 mi	10, Castlegate Grove, Liverpool, Merseyside L12 5ER	-	-	3	Semi-Detached House
£180K	05/23	0.43 mi	43, Avington Close, West Derby, Liverpool, Merseyside L12 4DD	£2,571	70	3	Semi-Detached House
£150K	08/21	0.43 mi	11, Avington Close, West Derby, Liverpool, Merseyside L12 4DD	£2,381	63	3	Semi-Detached House
£175K	12/22	0.43 mi	9, Avington Close, West Derby, Liverpool, Merseyside L12 4DD	-	-	3	Semi-Detached House
£123.3K	12/20	0.43 mi	4, Molland Close, Liverpool, Merseyside L12 4XL	£1,467	84	3	Terraced House
£154K	05/21	0.44 mi	25, Desborough Crescent, Liverpool, Merseyside L12 7JT	£2,000	77	3	Terraced House
£160K	02/21	0.45 mi	61, Crosby Green, Liverpool, Merseyside L12 7JY	£2,254	71	3	Semi-Detached House

Local Rents

42 rents from £800/mo to £2.3K/mo, average is £1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	05/24	0.03 mi	Melwood Drive, Liverpool, Merseyside, L12	3	Semi-Detached House
£1,025	05/24	0.03 mi	Melwood Drive, Liverpool	3	Semi-Detached House
£975	04/24	0.19 mi	Town Row, West Derby, Liverpool, L12	3	Terraced House
£800	04/24	0.2 mi	Marlfield Road, West Derby, Liverpool, L12	3	Terraced House
£995	04/25	0.2 mi	-	3	Terraced House
£950	03/24	0.2 mi	-	3	Terraced House
£950	04/24	0.21 mi	Bonsall Road, West Derby	3	Terraced House
£1,000	02/24	0.21 mi	-	3	Semi-Detached House
£1,000	02/24	0.21 mi	-	3	Semi-Detached House
£895	04/24	0.23 mi	Hartington Road Liverpool L12 8QN	3	Terraced House
£995	05/24	0.24 mi	Hartington Road, West Derby, Liverpool, L12	3	Terraced House
£900	04/24	0.25 mi	Eaton Road, West Derby, L12	3	Terraced House
£950	04/24	0.25 mi	-	3	Terraced House
£950	04/25	0.26 mi	-	3	Semi-Detached House
£1,100	04/24	0.35 mi	Access Road, Liverpool, Merseyside, L12	3	Detached House
£900	12/24	0.39 mi	-	3	Terraced House
£850	04/24	0.44 mi	Molland Close, Liverpool, Merseyside, L12	3	Terraced House
£850	03/24	0.47 mi	-	3	Terraced House
£1,100	04/25	0.49 mi	-	3	Flat
£950	05/24	0.49 mi	Deysbrook Way, Liverpool, Merseyside, L12	3	Terraced House
£2,050	03/24	0.5 mi	Downfield Close,Sandfield Park,Liverpool,L12	3	Flat
£925	04/24	0.5 mi	South Parkside Walk, West Derby, Liverpool, L12	3	Flat
£1,100	04/24	0.51 mi	-	3	Semi-Detached House
£1,000	05/24	0.51 mi	-	3	Semi-Detached House
£1,000	05/24	0.51 mi	-	3	Semi-Detached House
£1,100	01/25	0.51 mi	-	3	Semi-Detached House
£1,100	12/24	0.51 mi	-	3	Semi-Detached House
£1,100	04/24	0.51 mi	Walney Road, West Derby, L12	3	Flat
£1,000	04/24	0.52 mi	Parkside Drive, West Derby, L12	3	Flat
£1,100	05/24	0.55 mi	Walney Road, Liverpool, L12	3	Semi-Detached House
£1,100	06/24	0.55 mi	-	3	Semi-Detached House
£1,200	12/24	0.55 mi	-	3	Semi-Detached House
£1,000	12/24	0.55 mi	-	3	Semi-Detached House
£1,000	03/25	0.55 mi	-	3	Semi-Detached House
£1,000	04/25	0.55 mi	-	3	Semi-Detached House
£1,100	11/24	0.55 mi	-	3	Semi-Detached House
£2,250	12/24	0.55 mi	-	3	Semi-Detached House
£950	05/24	0.57 mi	Walney Terrace, Liverpool, L12	3	Terraced House
£1,750	04/25	0.58 mi	-	3	Detached House
£850	01/25	0.6 mi	-	3	Semi-Detached House
£895	04/24	0.6 mi	Fordlea Road, West Derby, Liverpool, L12	3	Terraced House
£975	04/24	0.61 mi	Marlowe Drive, Liverpool, Merseyside, L12	3	Detached House

Local Area Statistics

Population in L12	31,09531,095
Population in Liverpool	675,519675,519
Town centre distance	3.55 miles away3.55 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.82 miles away1.82 miles away

Rental growth (12m)	+32%+32%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+24%+24%

Property History

Listed for £160,000

November 28, 2024

Description

IF YOU GO DOWN TO THE WOOD TODAY... YOU BETTER NOT GO ALONE... IF YOU GO DOWN TO THE WOOD TODAY... YOU WILL BE GREETED BY YOUR NEW HOME...

On entering, the hallway will lead you through to the front lounge then through in to the kitchen. A small utility to the side leads to the garden.

The first floor landing presents the three bedrooms and bathroom.

The rear garden creates a great outdoor space and the driveway to the front offers off road parking.

A great property to transform into your family home.

CALL NOW... don't think twice!

Council Tax Band: C £2,151.45 Per Annum.

Agent Details

Whitegates, West Derby

0151 453 2843

Next Steps?

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

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