3 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L16 3NL, £190,000

9 Gleneagles Road, Liverpool, Merseyside, L16 3NL - 7 views - 5 months ago

Leasehold
Cash
Refurb/BRRR
ROI: 5%
69 m²
+9 photos

ValuationOvervalued

Sold Prices£137K - £355K
Sold Prices/m²£1.5K/m² - £4.9K/m²

 

 

Square Metres

68.68 m²
Price/m²£2.8K/m²

Value Estimate

£165,750

 

 

End Value (After Refurb)

£189,375

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Refurb Costs

£28,949

Bridging Loan Interest

£4,988

Total Cash In

£90,086

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£189,375

Mortgage (After Refinance)

£142,031

Mortgage LTV

75%

Cash Left In

£90,086

Equity

£47,344

Rent Range

£825 - £1,895

Rent Estimate

£1,233

Running Costs/mo

£858

Cashflow/mo

£375

Cashflow/yr

£4,495

ROI

5%

Gross Yield

8%

Local Sold Prices

50 sold prices from £137K to £355K, average is £219K. £1.5K/m² to £4.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£225K07/210.06 mi29, Bowland Avenue, Liverpool, Merseyside L16 1JN3
£355K11/220.08 mi122, Bowring Park Road, Liverpool, Merseyside L14 3NP3
£210K02/210.08 mi39, Glenconner Road, Liverpool, Merseyside L16 3NJ3
£162K03/210.08 mi55, Glenconner Road, Liverpool, Merseyside L16 3NJ3
£247K07/220.12 mi3, Gregory Close, Liverpool, Merseyside L16 1JT3
£192K03/210.13 mi62, Bowland Avenue, Liverpool, Merseyside L16 1JP3
£228K11/200.13 mi42, Bowland Avenue, Liverpool, Merseyside L16 1JP3
£210K04/210.15 mi28, Christopher Way, Liverpool, Merseyside L16 1JQ3
£213K02/210.15 mi54, Christopher Way, Liverpool, Merseyside L16 1JQ3
£233.5K05/230.15 mi2, Christopher Way, Liverpool, Merseyside L16 1JQ3
£150K09/210.16 mi39, Christopher Way, Liverpool, Merseyside L16 1JG3
£182.5K06/210.16 mi33, Christopher Way, Liverpool, Merseyside L16 1JG3
£240K05/230.17 mi6, Staniforth Place, Liverpool, Merseyside L16 1LD3
£275K03/230.17 mi18, Walsingham Road, Liverpool, Merseyside L16 3NT3
£187.5K12/220.17 mi68, Walsingham Road, Liverpool, Merseyside L16 3NT3
£248.5K02/210.17 mi54, Walsingham Road, Liverpool, Merseyside L16 3NT3
£227.5K02/230.19 mi105, Bowland Avenue, Liverpool, Merseyside L16 1JW3
£208.9K11/200.19 mi93, Bowland Avenue, Liverpool, Merseyside L16 1JW3
£137K02/210.19 mi214, Thomas Lane, Liverpool, Merseyside L14 5PA3
£245K05/230.2 mi9, Chelwood Avenue, Childwall, Liverpool, Merseyside L16 3NN3
£252K02/210.21 mi52, Orchard Avenue, Liverpool, Merseyside L14 3NQ3
£270K06/210.21 mi40, Rocky Lane, Childwall, Liverpool, Merseyside L16 1JD3
£212.3K12/200.22 mi29, Manvers Road, Liverpool, Merseyside L16 3NP3
£225K06/210.22 mi55, Gregory Way, Liverpool, Merseyside L16 1JR3
£200K05/210.22 mi75, Gregory Way, Liverpool, Merseyside L16 1JR3
£330K09/220.22 mi7, Bentham Drive, Liverpool, Merseyside L16 1JE3
£300K12/210.22 mi3a, Bentham Drive, Liverpool, Merseyside L16 1JE3
£202K06/210.22 mi8, Ilchester Road, Liverpool, Merseyside L16 3NQ3
£255K12/200.22 mi20, Ilchester Road, Liverpool, Merseyside L16 3NQ3
£248K03/210.22 mi40, Ilchester Road, Liverpool, Merseyside L16 3NQ3
£218K04/210.23 mi61, Bentham Drive, Liverpool, Merseyside L16 1JE3
£200K05/210.24 mi5, Christopher Close, Liverpool, Merseyside L16 1JL3
£220K12/220.24 mi29, Ilchester Road, Liverpool, Merseyside L16 3NG3
£165K12/200.25 mi53, Rocky Lane, Childwall, Liverpool, Merseyside L16 1JB3
£182.5K02/210.25 mi65, Rocky Lane, Childwall, Liverpool, Merseyside L16 1JB3
£167K01/210.25 mi28, Inchcape Road, Liverpool, Merseyside L16 3ND3
£220K11/200.25 mi1, Inchcape Road, Liverpool, Merseyside L16 3ND3
£173K08/210.25 mi32, Inchcape Road, Liverpool, Merseyside L16 3ND3
£175.5K08/210.25 mi22, Inchcape Road, Liverpool, Merseyside L16 3ND3
£223K03/230.25 mi84, Bentham Drive, Liverpool, Merseyside L16 5EU3
£260K10/220.26 mi1, Inchcape Road, Liverpool, Merseyside L16 3ND3
£195K11/200.26 mi178, Bowring Park Road, Liverpool, Merseyside L14 3NR3
£215K01/210.26 mi186, Bowring Park Road, Liverpool, Merseyside L14 3NR3
£224K03/210.26 mi196, Bowring Park Road, Liverpool, Merseyside L14 3NR3
£240K10/220.26 mi1, Lynscott Place, Liverpool, Merseyside L16 1JH3
£195K12/220.27 mi40, Orchard Avenue, Liverpool, Merseyside L14 3NQ3
£265K11/220.28 mi33, Glendevon Road, Childwall, Liverpool, Merseyside L16 6AE3
£266K11/220.28 mi101, Glendevon Road, Childwall, Liverpool, Merseyside L16 6AE3
£145K08/210.28 mi23, Burford Road, Liverpool, Merseyside L16 6AG3
£177K04/210.28 mi15, Burford Road, Liverpool, Merseyside L16 6AG3

Local Rents

22 rents from £825/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15005/240.08 miGlenconner Road, L163
£1,65012/240.15 mi-3
£1,10003/250.17 mi-3
£1,20005/240.18 miWalsingham Road, L163
£1,40005/240.22 miManvers Road, LIVERPOOL3
£1,30005/240.22 miWalsingham Road, L163
£1,10001/240.22 mi-3
£1,10004/250.22 mi-3
£1,35003/250.23 mi-3
£82505/240.26 miLynscott Place, L163
£1,40011/240.29 mi-3
£1,29505/240.29 miBurford Road, Childwall, Liverpool, L16 6AQ3
£1,30004/240.3 mi-3
£1,20004/240.39 miSulgrave Close, L163
£1,30011/230.39 mi-3
£1,25004/240.39 miOrton Road, Childwall, L163
£1,89506/240.49 miNorth Barcombe Road, Childwall, Liverpool, Merseyside, L16 7PX3
£90012/240.53 miHilary Avenue L143
£95012/230.61 mi-3
£99502/240.61 mi-3
£1,25007/230.62 mi-3
£1,25009/240.62 mi-3

Local Area Statistics

Population in L16

15,039

Population in Liverpool

675,519

Town centre distance

5.16 miles away

Nearest school

0.40 miles away

Nearest train station

0.17 miles away

 

 

Rental growth (12m)

+83%

Sales demand

Buyer's market

Capital growth (5yrs)

+29%

Property History

Listed for £190,000

November 29, 2024

Sold for £146,500

2010

Sold for £47,000

1997

Floor Plans

Description

  • Semi Detached Family Home +
  • Cash Buyers Only +
  • In Need Of Some Updating +
  • Lounge & Fitted Kitchen +
  • Three Bedrooms & Family Bathroom +
  • Driveway Parking +
  • Gardens To The Front & Rear +
  • Close To Local Amenities & Transport Networks +
  • Viewing Highly Recommended +

The Property
CASH BUYERS ONLY***

This semi-detached family home, located on Gleneagles Road, Liverpool, Merseyside, L16 3NL, presents a fantastic opportunity for buyers looking to create their ideal home with some updating and personal touches. The property begins with an entrance porch leading into a welcoming hallway. The spacious lounge provides a bright and airy living space, perfect for family gatherings and relaxation. The fitted kitchen offers a solid foundation, allowing for a buyer’s own style and preferences.

To the first floor, the property features three well-sized bedrooms, each offering plenty of potential for creating comfortable, functional spaces. The family bathroom is conveniently located to serve all three bedrooms, and while in need of updating, it offers ample space to make improvements.

Externally, the property boasts a driveway providing off-road parking, with gardens to the front and rear, offering excellent outdoor space for family activities, gardening, or simply enjoying the fresh air.

Whether it’s a family looking to make their mark or an investor looking for a property with significant upside. Situated in a desirable location, this home offers plenty of promise.

Please note, this property is being sold as a cash-buy only due to Japanese not-weed to the rear of the property.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/2935

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 💪