3 Bed Terraced House, Refurb/BRRR, Liverpool, L14 8YB, £70,000

Altfield Road, Liverpool, L14 8YB - 2 views - 4 months ago

Sold STC
Auction
Refurb/BRRR
ROI: 5%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£59K - £203K
Sold Prices/m²£897/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£72,100
BMV3%

 

 

End Value (After Refurb)

£136,195

Uplift in Value

+95%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Refurb Costs

£39,200

Bridging Loan Interest

£1,838

Total Cash In

£64,988

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£136,195

Agent Fees (1%)

£1,362

Bridging Loan

£52,500

Bridging Loan Interest

£1,838

Flip Profit

£17,346

Local Sold Prices

50 sold prices from £59K to £203K, average is £125K. £897/m² to £2.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£135K12/220.14 mi6, Feltwood Close, Liverpool, Merseyside L12 6RP3
£75K04/210.15 mi7, Penshaw Close, Liverpool, Merseyside L14 8YN3
£110K11/220.15 mi392, Princess Drive, Liverpool, Merseyside L14 8XQ3
£130K02/230.16 mi16, South Cantril Avenue, Liverpool, Merseyside L12 6QZ3
£135K09/210.17 mi8, Leamoore Close, Liverpool, Merseyside L12 6QW3
£125.3K11/200.17 mi6, Leamoore Close, Liverpool, Merseyside L12 6QW3
£88K11/200.18 mi193, Yew Tree Lane, West Derby, Liverpool, Merseyside L12 6QJ3
£125K03/210.18 mi170, Yew Tree Lane, Liverpool, Merseyside L12 6QJ3
£120K11/200.22 mi333, Finch Lane, Knotty Ash, Liverpool, Merseyside L14 4AF3
£145K02/210.22 mi331, Finch Lane, Knotty Ash, Liverpool, Merseyside L14 4AF3
£130K04/220.27 mi87, Barons Hey, Liverpool, Merseyside L28 0QD3
£131K02/230.28 mi431, Princess Drive, Liverpool, Merseyside L14 8XE3
£120K08/210.28 mi84, Aspes Road, Liverpool, Merseyside L12 6QD3
£140K11/220.29 mi94, Aspes Road, Liverpool, Merseyside L12 6QD3
£125K05/230.29 mi96, Aspes Road, Liverpool, Merseyside L12 6QD3
£128K02/230.29 mi245, Princess Drive, Liverpool, Merseyside L12 6QF3
£93K01/230.3 mi16, Max Road, Liverpool, Merseyside L14 4BH3
£90K03/210.31 mi25, Barons Hey, Liverpool, Merseyside L28 0QA3
£130K02/230.32 mi415, Princess Drive, Liverpool, Merseyside L14 8XE3
£99K02/210.33 mi425, Princess Drive, Liverpool, Merseyside L14 8XE3
£105K10/210.33 mi8, Marled Hey, Liverpool, Merseyside L28 0QL3
£190K10/220.35 mi146, Yew Tree Lane, West Derby, Liverpool, Merseyside L12 9HW3
£80K07/210.35 mi63, Feltwood Road, Liverpool, Merseyside L12 6RG3
£105K03/210.35 mi22, Mab Lane, Liverpool, Merseyside L12 6RA3
£115.5K12/220.36 mi410, Princess Drive, Liverpool, Merseyside L14 9NF3
£112K04/230.36 mi476, Princess Drive, Liverpool, Merseyside L14 9NF3
£106K02/210.37 mi203, Finch Lane, Knotty Ash, Liverpool, Merseyside L14 9PZ3
£130K01/210.37 mi45, Crossford Road, Liverpool, Merseyside L14 9QT3
£180K11/220.37 mi59, Crossford Road, Liverpool, Merseyside L14 9QT3
£203K05/230.37 mi2, Rye Grove, Liverpool, Merseyside L12 9NF3
£150K05/210.39 mi34, Brigadier Drive, Liverpool, Merseyside L12 4WU3
£112K05/210.39 mi182, Round Hey, Liverpool, Merseyside L28 1RQ3
£114K09/220.4 mi173, Round Hey, Liverpool, Merseyside L28 1RQ3
£85K04/230.4 mi124, Haydn Road, Liverpool, Merseyside L14 4BR3
£71.5K12/200.4 mi104, Haydn Road, Liverpool, Merseyside L14 4BR3
£59K05/210.4 mi116, Max Road, Liverpool, Merseyside L14 4BJ3
£131K02/210.41 mi12, Devilla Close, Liverpool, Merseyside L14 9QX3
£110K08/210.41 mi135, Max Road, Liverpool, Merseyside L14 4BQ3
£119K11/210.42 mi4, Torpoint Close, Liverpool, Merseyside L14 8WY3
£160K06/220.42 mi2, Torpoint Close, Liverpool, Merseyside L14 8WY3
£147K12/200.42 mi2, Brigadier Drive, Liverpool, Merseyside L12 4WU3
£140K06/210.42 mi67, Brigadier Drive, Liverpool, Merseyside L12 4WU3
£150K05/210.42 mi34, Brigadier Drive, Liverpool, Merseyside L12 4WU3
£152K07/210.42 mi10, Brigadier Drive, Liverpool, Merseyside L12 4WU3
£150K04/230.42 mi19, Brigadier Drive, Liverpool, Merseyside L12 4WU3
£150K02/220.42 mi44, Crossford Road, Liverpool, Merseyside L14 9QU3
£133K09/220.42 mi63, Steers Croft, Liverpool, Merseyside L28 8AQ3
£70K02/210.42 mi39, Steers Croft, Liverpool, Merseyside L28 8AQ3
£120K05/230.44 mi46, Baycliff Road, Liverpool, Merseyside L12 6QU3
£109.5K03/210.44 mi6, Drum Close, Liverpool, Merseyside L14 9QY3

Local Rents

45 rents from £650/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85006/230.14 mi-3
£80003/250.14 mi-3
£65004/240.15 miGainford Road, Liverpool3
£75008/230.16 mi-3
£75004/240.17 miSnowberry Road, Liverpool, Merseyside, L143
£1,20003/240.17 mi-3
£92503/250.18 mi-3
£1,10004/240.21 mi-3
£1,10004/240.21 miFinch Lane, Knotty Ash, Liverpool, L143
£1,00008/230.21 mi-3
£79512/240.27 mi-3
£85004/240.31 mi-3
£1,29004/250.34 mi-3
£97512/230.34 mi-3
£1,00011/240.35 mi-3
£85002/240.37 mi-3
£1,05002/250.38 mi-3
£77512/240.39 mi*Available with Zero Deposits*Haydn Road, L143
£85012/240.4 mi-3
£85001/250.4 mi-3
£90012/240.4 miHaydn Road L14 4BR3
£66512/240.41 mi-3
£79501/250.41 mi-3
£85003/250.41 mi-3
£79512/240.44 mi-3
£73005/230.48 mi-3
£75004/240.5 miBrandearth Hey, Liverpool, Merseyside, L283
£1,05002/240.5 mi-3
£95002/240.52 mi-3
£90004/240.52 mi-3
£95006/240.55 mi-3
£95005/240.55 mi-3
£95005/240.55 miColonel Drive, Liverpool, L123
£65012/240.58 mi-3
£65010/240.58 mi-3
£95009/240.58 mi-3
£1,10011/230.59 mi-3
£1,10005/240.59 miWesterton Road, Liverpool, L12 9JG3
£69504/240.6 mi-3
£90003/250.6 mi-3
£75002/240.6 miLordens Road, Liverpool, L143
£75012/240.6 miLordens Road, Liverpool, L143
£95007/240.61 mi-3
£1,05004/240.61 miWimborne Road, L143
£85010/230.61 mi-3

Local Area Statistics

Population in L14

25,822

Population in Liverpool

675,519

Town centre distance

4.56 miles away

Nearest school

0.10 miles away

Nearest train station

1.68 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £70,000

December 13, 2024

Description

  • Downstairs WC +
  • Family Bathroom +
  • Three Bedrooms +
  • Semi-Detached Property +
  • Fitted Kitchen +
  • Driveway +
  • Potential Investment +
  • Garden +

Welcome to this 3-bedroom house situated in the popular residential area of Altfield Road, L14. Offering a fantastic opportunity for buyers looking to put their own stamp on a property, this home is in need of modernisation but has great potential to become a stunning family home.

Key Features:
Three Generous Bedrooms: Spacious rooms that offer plenty of natural light, ideal for a growing family or for creating additional office or hobby spaces.
Kitchen Space: A good-sized kitchen area, ready for redesign to suit modern tastes and preferences.
Large Rear Garden: Ample outdoor space for gardening enthusiasts or for creating a relaxing outdoor area.
Off-Road Parking: The property benefits from a driveway, adding convenience for residents and visitors
.
Desirable Location: Situated in a quiet and well-connected area, close to local amenities, schools, and transport links.
This property represents a wonderful renovation project for those looking to create a bespoke home in a sought-after area. While it requires updating throughout, the spacious layout and fantastic location make it an exciting opportunity for the right buyer.

Don't miss your chance to view this hidden gem. Book a viewing today

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £70,000

Features; Limited Lending Pool

Description; Constructions unknown by the vendor. We recommend buyers look further into this.

Agent Details

Keybanks Estates, West Derby

0151 453 2135

Next Steps?

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