3 Bed Terraced House, Refurb/BRRR, Liverpool, L7 8SR, £140,000

74 Leopold Road, Liverpool, Merseyside, L7 8SR - 2 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
86 m²
+7 photos

ValuationFair Value

Sold Prices£70K - £210K
Sold Prices/m²£843/m² - £2.7K/m²

 

 

Square Metres

86 m²
Price/m²£1.6K/m²

Value Estimate

£137,632

 

 

End Value (After Refurb)

£153,581

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Refurb Costs

£36,461

Bridging Loan Interest

£3,675

Total Cash In

£82,286

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£153,581

Mortgage (After Refinance)

£115,186

Mortgage LTV

75%

Cash Released

£10,186

Cash Left In

£72,100

Equity

£38,395

Rent Range

£390 - £1,690

Rent Estimate

£738

Running Costs/mo

£648

Cashflow/mo

£90

Cashflow/yr

£1,086

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £210K, average is £132K. £843/m² to £2.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£115K08/230.01 mi74, Leopold Road, Kensington, Liverpool, Merseyside L7 8SR3
£167.5K04/210.03 mi104, Adelaide Road, Kensington, Liverpool, Merseyside L7 8SQ3
£156K04/210.08 mi67, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RE3
£170K10/220.09 mi46, Connaught Road, Liverpool, Merseyside L7 8RP3
£185K07/210.1 mi60, Connaught Road, Liverpool, Merseyside L7 8RP3
£137K11/200.11 mi24, Albert Edward Road, Liverpool, Merseyside L7 8RY3
£142K04/230.12 mi79, Albany Road, Kensington, Liverpool, Merseyside L7 8RQ3
£165K03/210.13 mi124, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£171K03/210.13 mi133, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£153K03/230.13 mi148, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£130K05/230.13 mi123, Empress Road, Kensington, Liverpool, Merseyside L7 8SF3
£145K05/230.14 mi123, Saxony Road, Liverpool, Merseyside L7 8RX3
£168K03/210.15 mi103, Albany Road, Kensington, Liverpool, Merseyside L7 8RH3
£176.5K04/230.19 mi41, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RD3
£150K04/230.2 mi10, Gwenfron Road, Liverpool, Merseyside L6 9AL3
£87.5K11/220.22 mi6, Birstall Road, Liverpool, Merseyside L6 9AH3
£134K12/200.23 mi27, Romilly Street, Liverpool, Merseyside L6 9JL3
£175K03/230.25 mi57, Holdsworth Drive, Liverpool, Merseyside L7 2QN3
£131K06/210.25 mi7, Rocastle Close, Liverpool, Merseyside L6 1PH3
£130K02/210.29 mi3, Pera Close, Liverpool, Merseyside L6 1RD3
£192K04/230.29 mi28, Upper Baker Street, Liverpool, Merseyside L6 1LX3
£97K03/210.3 mi59, Molyneux Road, Kensington, Liverpool, Merseyside L6 9AG3
£160K10/220.31 mi29, Hutchinson Walk, Liverpool, Merseyside L6 1JW3
£116K07/240.32 mi20, Cliff Street, Liverpool, Merseyside L7 2PX3
£97K05/230.34 mi29, Stamford Street, Liverpool, Merseyside L7 2PT3
£102K12/200.34 mi15, Hawkins Street, Liverpool, Merseyside L6 6BY3
£92K01/230.34 mi15, Hawkins Street, Liverpool, Merseyside L6 6BY3
£159K02/230.34 mi53, Needham Road, Liverpool, Merseyside L7 0EE3
£95K05/240.36 mi50, Needham Road, Liverpool, Merseyside L7 0EQ3
£110K08/210.37 mi151, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AJ3
£111K10/200.37 mi60, Hannan Road, Liverpool, Merseyside L6 6DB3
£113K05/240.38 mi5, Dial Street, Liverpool, Merseyside L7 0EH3
£140K05/230.4 mi25, Halsbury Road, Liverpool, Merseyside L6 6DG3
£135K12/200.41 mi4, Nuttall Way, Liverpool, Merseyside L7 1QT3
£126K03/230.41 mi80, Halsbury Road, Liverpool, Merseyside L6 6DQ3
£117K12/200.42 mi47, Romer Road, Liverpool, Merseyside L6 6DH3
£99.5K03/230.44 mi10, Phillimore Road, Liverpool, Merseyside L6 6DL3
£130K07/230.44 mi49, Deane Road, Liverpool, Merseyside L7 0ES3
£114K03/210.45 mi19, Malden Road, Liverpool, Merseyside L6 6BE3
£210K09/210.46 mi27, Gilroy Road, Liverpool, Merseyside L6 6BG3
£112.5K08/210.46 mi203, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AL3
£70K10/210.47 mi246, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AW3
£133K02/230.51 mi26, Maxton Road, Liverpool, Merseyside L6 6BJ3
£165K03/210.52 mi29, Queensland Street, Liverpool, Merseyside L7 3JE3
£80K11/200.52 mi13, Kelso Road, Liverpool, Merseyside L6 3AG3
£110K06/230.52 mi31, Kilshaw Street, Liverpool, Merseyside L6 2BQ3
£151K02/210.53 mi14, Cardwell Street, Liverpool, Merseyside L7 3PG3
£96K02/210.54 mi215, Boaler Street, Liverpool, Merseyside L6 9DH3
£135K11/220.55 mi217, Boaler Street, Liverpool, Merseyside L6 9DH3
£125K03/230.56 mi9, Lister Road, Liverpool, Merseyside L7 0HE3

Local Rents

51 rents from £390/mo to £1.7K/mo, average is £524/mo.

RentDateDistanceAddressBeds 
£49804/240.05 miAdelaide Road, Kensington, Liverpool3
£47704/240.07 miAlbert Edward Road, Kensington Fields, Liverpool3
£49804/240.07 miAlbert Edward Road, Kensington Fields, Liverpool3
£47704/240.08 miConnaught Road, Kensington Fields, Liverpool3
£1,00005/240.08 miLeopold Road, Kensington, Liverpool 3
£49804/240.08 miAlbert Edward Road, Kensington Fields, Liverpool3
£1,10005/240.1 miConnaught Road , L73
£69504/240.1 miSaxony Road,Kensington,Liverpool,L73
£99512/240.1 mi-3
£1,05012/240.11 mi-3
£58504/240.12 mi147 Leopold Road Let Only3
£80006/240.12 mi-3
£80003/250.12 mi-3
£49805/240.12 miAlbany Road rooms 1.2 and 33
£50304/240.12 mi83 Albany Road3
£52005/240.12 miAdelaide Road, Kensington, Liverpool3
£1,25006/240.14 mi-3
£1,30012/240.14 mi-3
£1,20001/250.14 mi-3
£1,20001/250.14 mi-3
£1,30002/240.15 miTeck Street, Liverpool, L73
£1,30006/240.15 miTeck Street, Liverpool, L73
£47604/240.15 miAlbany Road, Liverpool, Merseyside, L73
£52004/240.16 miClearwater Close, L7 2SA, 3
£41205/240.16 miClearwater Close, L7 2SA, 3
£49404/240.17 miTeck Street, Liverpool, L73
£49804/240.18 miEdinburgh Road, Kensington Fields, Liverpool3
£85001/250.19 mi-3
£54205/240.2 mi10 Gwenfron Road, Liverpool3
£1,69012/240.2 mi-3
£49804/240.2 miGwenfron Road, Liverpool, Merseyside, L63
£45504/240.2 miGwenfron Road, Liverpool, Merseyside, L63
£49805/240.2 mi58 Guelph Street Let Only3
£52405/240.2 miGuelph Street, Liverpool, Merseyside, L73
£54205/240.21 miFell Street, L7 2QD, 3
£52005/240.21 miLing Street, L7 2QF, 3
£90004/240.22 miLing Street L73
£52005/240.22 miLing Street, Liverpool, Merseyside, L73
£80007/240.22 miIngrow Road, Liverpool3
£39005/240.22 miIngrow Road, Liverpool3
£39006/240.22 miIngrow Road, Liverpool3
£39006/240.22 miIngrow Road, Liverpool3
£49804/240.23 miCotswold Street, Kensington Fields, Liverpool3
£87512/240.24 mi-3
£1,20007/240.26 miPhythian Close, L6 9JJ3
£1,10004/240.27 miGladstone road L73
£90002/250.28 mi-3
£49805/240.31 miHolt Road, L7 8XB, 3
£49804/240.31 miWrenbury Street, L7 2PU, 3
£47704/240.35 miNeedham Road, L7 0EQ, 3
£90008/240.36 miHannan Road, L6 6DA3

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £140,000

December 16, 2024

Sold for £115,000

2023

Floor Plans

Description

  • On-Street Resident Permit Parking +
  • Three Double Bedrooms +
  • Vacant Possession +
  • No Onward Chain +

No Onward Chain - Vacant Possession

Nestled in the heart of Kensington Fields, this three bedroom, mid-terrace home is in need of some work but has mountains of potential. Benefitting from no onward chain and on-street resident permit parking.

The home comprises; Entrance porch, hallway, living room, separate dining room, kitchen to the rear with utility cupboard and downstairs bathroom.

To the first floor, three double bedrooms, the rear bedroom with boiler room & the main bedroom to the front of the home being bay-fronted.

The home benefits from modern combi boiler & gas central heating, Upvc double glazing throughout and loft insulation as well as a small yard to the rear.

Council Tax band - A
EPC Grade - C

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIV240799/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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