2 Bed Flat, Refurb/BRRR, Liverpool, L18 3LD, £150,000

Verdala Park, Mossley Hill, L18 3LD - 3 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 2%
~70 m²
+6 photos

ValuationUndervalued

Sold Prices£80K - £225K
Sold Prices/m²£1.1K/m² - £4.2K/m²

 

 

Square Metres

~70.30 m²
Price/m²£2.1K/m²

Value Estimate

£154,500
BMV3%

 

 

End Value (After Refurb)

£223,580

Uplift in Value

+49%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£29,726

Bridging Loan Interest

£3,938

Total Cash In

£81,613

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£223,580

Agent Fees (1%)

£2,236

Bridging Loan

£112,500

Bridging Loan Interest

£3,938

Flip Profit

£27,231

Local Sold Prices

32 sold prices from £80K to £225K, average is £157.5K. £1.1K/m² to £4.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£162K12/200.03 mi72, Verdala Park, Liverpool, Merseyside L18 3LD2
£122K06/210.05 mi14, Beech Court, Liverpool, Merseyside L18 3JZ2
£174.5K12/220.05 mi14, Beech Court, Liverpool, Merseyside L18 3JZ2
£156K11/210.07 mi10, Verdala Park, Liverpool, Merseyside L18 3LB2
£150K11/200.07 mi5, Verdala Park, Liverpool, Merseyside L18 3LB2
£220K05/230.51 mi7, New Heys Drive, Liverpool, Merseyside L18 9YE2
£189K07/210.66 mi40, Crompton Court, Liverpool, Merseyside L18 3EZ2
£180K05/210.66 mi33, Cromptons Court, Liverpool, Merseyside L18 3EZ2
£225K09/220.67 mi35, Cromptons Court, Liverpool, Merseyside L18 3EZ2
£205K12/220.67 mi25, Cromptons Court, Liverpool, Merseyside L18 3EZ2
£110K01/210.67 mi67a, Booker Avenue, Liverpool, Merseyside L18 4QZ2
£187.5K01/230.75 mi23, Eton Court, Liverpool, Merseyside L18 3HG2
£167K12/200.75 mi24, Eton Court, Liverpool, Merseyside L18 3HG2
£170K06/210.75 mi6, Eton Court, Liverpool, Merseyside L18 3HG2
£80K10/200.75 mi70, Lymecroft, Woolton, Liverpool, Merseyside L25 7US2
£136K10/220.76 mi39, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£125K01/230.76 mi26, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£119K10/210.76 mi16, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£117K06/210.76 mi32, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£135K02/210.76 mi18, Rockmount Close, Liverpool, Merseyside L25 6JN2
£159K12/220.76 mi5, Rockmount Close, Liverpool, Merseyside L25 6JN2
£156K09/220.76 mi7, Rockmount Close, Liverpool, Merseyside L25 6JN2
£190K10/220.77 mi16, Eton Court, Liverpool, Merseyside L18 3HG2
£152.5K04/210.86 mi4, Martindale Road, Liverpool, Merseyside L18 3LQ2
£155K04/210.86 mi10a, Martindale Road, Liverpool, Merseyside L18 3LQ2
£184K09/210.86 mi26, Martindale Road, Liverpool, Merseyside L18 3LQ2
£185K04/230.86 mi26b, Martindale Road, Liverpool, Merseyside L18 3LQ2
£90K03/210.91 mi12a, Ramsey Close, Liverpool, Merseyside L19 4XH2
£206K05/230.92 mi8, Elmsley Court, Liverpool, Merseyside L18 8BA2
£160K10/200.92 mi15, Elmsley Court, Liverpool, Merseyside L18 8BA2
£120K01/210.92 mi55, Dovercroft, Liverpool, Merseyside L25 7XA2
£131K08/220.97 mi1b, Danefield Terrace, Liverpool, Merseyside L19 4TH2

Local Rents

10 rents from £895/mo to £1.5K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£89505/240 miVerdala Park, Liverpool, L182
£1,05007/240.02 mi-2
£1,10005/240.02 miVerdala Park, Liverpool, L182
£89503/240.06 mi-2
£94503/250.06 mi-2
£99502/240.06 mi-2
£1,30004/240.51 miNew Heys Drive, Allerton, Liverpool, Merseyside, L18 9YE2
£1,50005/240.52 miMenlove Avenue, Liverpool, Merseyside, L182
£95002/240.59 mi-2
£1,10003/250.59 mi-2

Local Area Statistics

Population in L18

26,898

Population in Liverpool

675,519

Town centre distance

6.59 miles away

Nearest school

0.50 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Price changed to £150,000

March 8, 2025

Listed for £160,000

December 23, 2024

Floor Plans

Description

  • No Onward Chain for a Smooth Sale +
  • Spacious Lounge Filled with Natural Light +
  • Traditional Kitchen Off the Lounge with Handy Storage Cupboard +
  • Opportunity to Add Value and Personalise to Your Taste +
  • Two Well-proportioned Double Bedrooms +
  • Modern Shower Wet Room +
  • Convenient Hallway Storage +
  • Garage and Communal Parking +
  • Double Glazing and Gas Central Heating Throughout +
  • Just a 5-minute Walk to the Stunning Calderstones Park +

Brought to the market by Atlas Estate Agents, this two-bedroom apartment presents a fantastic opportunity for buyers seeking a well-located home in the heart of Mossley Hill's coveted L18 postcode. Nestled within the peaceful surroundings of Verdala Park, this second-floor property offers plenty of potential for those looking to add value and make it their own.

The accommodation is arranged conveniently over one floor. The spacious lounge benefits from plenty of natural light and provides a solid foundation for a comfortable living space. Off the lounge, you'll find a traditional kitchen, complete with a handy storage cupboard, offering scope for modernisation.

The apartment features two well-proportioned double bedrooms, providing versatile spaces for rest or work. A modern shower wet room adds practicality, while additional hallway storage helps keep things organised.

With double glazing and gas central heating throughout, the property has the basics in place but would benefit from some updating to realise its full potential. Outside, the apartment includes a private garage and access to communal parking – a valuable addition in this sought-after location.

Offered with no onward chain, this property allows for a smooth and straightforward purchase process. Located just a 5-minute stroll from the stunning Calderstones Park, you’ll enjoy the best of both worlds – green spaces on your doorstep and the convenience of local amenities and transport links close by.

Ideal for first-time buyers, downsizers, or investors, this apartment represents an exciting opportunity to create a home tailored to your taste while adding value in a desirable neighbourhood.

Video/Virtual Tour

We have filmed this property and can offer you a video/virtual tour, please cycle through the images above to view the tour(s).

Further Details

Property Type: Apartment (2 bedroom, 1 bathroom)
Floor: 2nd Floor
No. of Floors: 1
Floor Space: 757 square feet / 70 square metres
EPC Rating: C
Council Tax Band: C
Local Authority: Liverpool City Council
Service Charge: £2,008 per annum
Security: Intercom (Audio Only)
Parking: Garage, Communal
Heating/Energy: Gas Central Heating, Double Glazing

Leasehold Information

Tenure: Leasehold
Lease Start Date: 30/09/1981 (approx)
Original Lease Term: 125 year(s)
Lease Expiry Date: 29/09/2106 (approx)
Lease Term Remaining: 81 year(s) (approx)
Service Charge: £2,008 per annum
Ground Rent: Peppercorn

Disclaimer

These particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers/tenants and do not constitute an offer or part of a contract. Please note that any services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order. Prospective purchasers/tenants ought to seek their own professional advice.

All descriptions, dimensions, areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers/tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

Agent Details

Atlas Estate Agents, Liverpool

0151 453 7282

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.