4 Bed Terraced House, Refurb/BRRR, Liverpool, L24 2US, £140,000

Pately Walk, Liverpool, Merseyside, L24 2US - 6 views - 4 months ago

Refurb/BRRR
ROI: 3%
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£50K - £700K
Sold Prices/m²£515/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.1K/m²

Value Estimate

£150,000

 

 

End Value (After Refurb)

£186,542

Uplift in Value

+24%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£54,800

Bridging Loan Interest

£3,675

Total Cash In

£100,925

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£186,542

Mortgage (After Refinance)

£139,906

Mortgage LTV

75%

Cash Released

£34,906

Cash Left In

£66,019

Equity

£46,635

Rent Range

£550 - £2,600

Rent Estimate

£1,110

Running Costs/mo

£825

Cashflow/mo

£285

Cashflow/yr

£3,421

ROI

3%

Gross Yield

10%

Local Sold Prices

50 sold prices from £50K to £700K, average is £205K. £515/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£183K08/220.25 mi64, Little Heath Road, Liverpool, Merseyside L24 2TL4
£50K09/220.44 mi22, Welton Green, Liverpool, Merseyside L24 0SJ4
£162.5K10/210.65 mi117, Hale Drive, Liverpool, Merseyside L24 0TQ4
£165K12/220.66 mi23, Holland Road, Halewood, Liverpool, Merseyside L26 1UE4
£145K11/210.66 mi23, Holland Road, Halewood, Liverpool, Merseyside L26 1UE4
£125K11/200.71 mi9, Welland Close, Liverpool, Merseyside L26 1UP4
£194K03/230.73 mi36, Lakenheath Road, Liverpool, Merseyside L26 1UQ4
£80K11/220.73 mi50, Lakenheath Road, Liverpool, Merseyside L26 1UQ4
£220K03/210.82 mi7, Alexandra Grove, Liverpool, Merseyside L26 9YT4
£178K08/220.83 mi50, Stockton Wood Road, Liverpool, Merseyside L24 3TU4
£145K04/210.84 mi81, Blakeacre Road, Liverpool, Merseyside L26 9UU4
£410K06/220.84 mi88, Hale Road, Hale Village, Liverpool, Halton L24 5RF4
£175.2K06/230.86 mi1, Blakeacre Close, Liverpool, Merseyside L26 9UR4
£145K01/210.88 mi25, Honey Hall Road, Liverpool, Merseyside L26 1TE4
£130K07/220.89 mi10, Poulton Close, Liverpool, Merseyside L26 1UD4
£228K03/210.92 mi207, Higher Road, Liverpool, Merseyside L26 1UN4
£162.5K09/210.93 mi28, Honey Hall Road, Liverpool, Merseyside L26 1TG4
£155K05/210.99 mi149, Rycot Road, Liverpool, Merseyside L24 1US4
£180K01/211.09 mi20, Kenton Road, Liverpool, Merseyside L26 9TS4
£212K11/221.16 mi1, Alderton Close, Halewood, Liverpool, Merseyside L26 9SB4
£195K03/231.17 mi16, Pendleton Green, Liverpool, Merseyside L26 1UX4
£700K11/221.18 mi37, Hale Road, Hale Village, Liverpool, Halton L24 5RB4
£297K03/241.19 mi34, Boundary Drive, Hunts Cross, Liverpool, Merseyside L25 0QD4
£140K08/211.2 mi8, Alderman Road, Liverpool, Merseyside L24 9LR4
£220K02/231.2 mi68, Hornbeam Road, Halewood, Liverpool, Merseyside L26 9TB4
£165K03/211.21 mi93, Hollies Road, Liverpool, Merseyside L26 0TG4
£201K08/221.22 mi65, Deanland Drive, Liverpool, Merseyside L24 1WA4
£155K08/221.22 mi67, Leathers Lane, Liverpool, Merseyside L26 0TR4
£260K10/201.27 mi15, Braydon Close, Liverpool, Merseyside L25 0PU4
£300K12/201.27 mi23, Fernwood Drive, Liverpool, Merseyside L26 7ZB4
£189.7K07/221.28 mi140, Hollies Road, Liverpool, Merseyside L26 0TQ4
£307K12/201.29 mi18, Quintbridge Close, Liverpool, Merseyside L26 7ZD4
£350K07/221.29 mi1, Quintbridge Close, Liverpool, Merseyside L26 7ZD4
£160K12/201.35 mi121, Abberley Road, Liverpool, Merseyside L25 9QZ4
£210K11/221.35 mi44, Abberley Road, Liverpool, Merseyside L25 9RB4
£238K10/201.36 mi7, Wexford Avenue, Hale Village, Liverpool, Halton L24 5RY4
£205K04/211.38 mi101, Elwyn Drive, Liverpool, Merseyside L26 0UX4
£205K11/201.38 mi65, Trispen Close, Liverpool, Merseyside L26 7YR4
£350K05/211.39 mi19, Aran Close, Hale Village, Liverpool, Halton L24 5SB4
£300K02/231.39 mi66, Trispen Close, Liverpool, Merseyside L26 7YR4
£215K03/241.41 mi15, Abberley Road, Liverpool, Merseyside L25 9QX4
£230K04/211.47 mi17, Cheriton Close, Liverpool, Merseyside L26 7YF4
£180K03/231.49 mi14, Blay Close, Liverpool, Merseyside L25 9RJ4
£460K10/231.49 mi45, Kingsmead Drive, Liverpool, Merseyside L25 0NG4
£380K07/211.5 mi71, Cocklade Lane, Hale Village, Liverpool, Halton L24 4BD4
£396.5K10/221.5 mi67, Cocklade Lane, Hale Village, Liverpool, Halton L24 4BD4
£380K07/211.5 mi71, Cocklade Lane, Hale Village, Liverpool, Halton L24 4BD4
£280K01/211.51 mi18, Kingsmead Drive, Liverpool, Merseyside L25 0NQ4
£260.5K03/231.51 mi18, Saltash Close, Liverpool, Merseyside L26 7YD4
£325K04/211.56 mi225a, Speke Road, Woolton, Liverpool, Merseyside L25 0LA4

Local Rents

21 rents from £550/mo to £2.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£59407/240.16 mi-3
£84505/240.23 mi-3
£84512/240.23 miHarland Green, Liverpool, L243
£2,40004/230.32 mi-6
£1,10012/240.32 mi-3
£1,15011/240.32 mi-3
£1,05012/240.32 miCentral Way, Liverpool, L243
£1,70010/230.34 mi-6
£2,60003/230.34 mi-6
£74512/230.39 mi-3
£55008/230.45 mi-3
£57501/240.45 mi-3
£79503/230.46 mi-3
£95004/240.46 miAlwain Green, Speke, Liverpool, L244
£1,10011/240.48 mi-3
£75002/250.51 mi-3
£1,20004/240.51 mi-4
£1,25004/240.52 mi-4
£75008/230.54 mi-3
£90011/240.57 mi-3
£1,15003/250.62 mi-4

Local Area Statistics

Population in L24

15,951

Population in Liverpool

675,519

Town centre distance

9.78 miles away

Nearest school

0.20 miles away

Nearest train station

1.31 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £140,000

February 16, 2025

Listed for £150,000

December 12, 2024

Floor Plans

Description

Welcome to this four-bedroom terraced property nestled in a vibrant community with an array of local amenities just moments away. This family home presents a unique opportunity for those seeking a project. Embodying the quintessential charm of a traditional terrace, the property boasts a cozy layout that invites personalization and modernization to suit contemporary tastes.
The ground floor boasts a spacious front lounge that is flooded with natural light. This versatile space is perfect for entertaining guests or simply unwinding after a long day. Adjacent, the rear lounge/dining room and kitchen area offers potential for redesign, allowing for a bespoke culinary haven. Upstairs, you'll find four generously sized bedrooms, and family bathroom offering the possibility of a stylish renovation to enhance functionality. Step outside to discover the spacious rear garden, a true haven for outdoor enthusiasts. Whether you're hosting summer barbecues, gardening enthusiasts, or simply enjoying a quiet morning coffee, this outdoor space offers endless possibilities.
This property also features a new boiler and heating system, though gas plumbing is required for the cooker. Recent work includes repairs to the roof tiles and replacement of ceiling plasterboards. Additionally, there are double-glazed windows at the front of the property only.
Situated amidst a vibrant community, this property offers a lifestyle enriched by a plethora of local amenities and leisure facilities, all within easy reach. Whether it's shopping, dining, or entertainment. this property is also surrounded by an abundance of green spaces and coastal areas including National Trust Speke Hall, Garden and Estate. This residence boasts proximity to excellent transport links, including the nearby Liverpool John Lennon Airport and the M62 motorway, facilitating seamless travel experiences for both leisure and business purposes. With scope for enhancement and personalization, this terrace presents a promising canvas for those looking to create their ideal home.

Agent Details

Entwistle Green, Allerton

0151 453 3741

Next Steps?

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