3 Bed Terraced House, Refurb/BRRR, Liverpool, L24 6SX, £125,000

Alderfield Drive, Liverpool, Merseyside, L24 6SX - 5 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£85K - £317.3K
Sold Prices/m²£914/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£128,750
BMV3%

 

 

End Value (After Refurb)

£146,292

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£39,428

Bridging Loan Interest

£3,281

Total Cash In

£80,660

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£146,292

Mortgage (After Refinance)

£109,719

Mortgage LTV

75%

Cash Released

£15,969

Cash Left In

£64,691

Equity

£36,573

Rent Range

£550 - £1,150

Rent Estimate

£928

Running Costs/mo

£663

Cashflow/mo

£265

Cashflow/yr

£3,183

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £85K to £317.3K, average is £132.5K. £914/m² to £3.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£90K01/210 mi104, Alderfield Drive, Liverpool, Merseyside L24 6SX3
£112.5K10/200 mi142, Alderfield Drive, Liverpool, Merseyside L24 6SX3
£135K09/220.07 mi63, Maintree Crescent, Liverpool, Merseyside L24 6SW3
£126K04/210.11 mi6, Oak View, Liverpool, Merseyside L24 6SH3
£130K09/220.2 mi10, Alderfield Drive, Liverpool, Merseyside L24 6SU3
£153K08/220.2 mi166, Alderfield Drive, Liverpool, Merseyside L24 6TA3
£110K04/210.2 mi151, East Millwood Road, Liverpool, Merseyside L24 6SG3
£120K06/230.21 mi30, Croyde Road, Liverpool, Merseyside L24 6SA3
£108K06/210.22 mi2, Cassley Road, Liverpool, Merseyside L24 6SP3
£155K12/220.22 mi14, Cassley Road, Liverpool, Merseyside L24 6SP3
£152K12/220.22 mi12, Cassley Road, Liverpool, Merseyside L24 6SP3
£100K10/210.34 mi29, Eastern Avenue, Liverpool, Merseyside L24 2SX3
£105K10/210.35 mi131, East Dam Wood Road, Liverpool, Merseyside L24 7RH3
£138K03/230.39 mi71, Critchley Road, Liverpool, Merseyside L24 7RN3
£143K04/230.4 mi6, Ringsfield Road, Liverpool, Merseyside L24 7SQ3
£110.5K05/230.43 mi77, Heaton Close, Liverpool, Merseyside L24 2UQ3
£127.5K02/210.44 mi75, Heathgate Avenue, Liverpool, Merseyside L24 7RS3
£140K06/210.44 mi91, Eastern Avenue, Liverpool, Merseyside L24 2SY3
£165K08/220.49 mi22, Heathgate Avenue, Liverpool, Merseyside L24 7RR3
£115K02/210.53 mi30, All Hallows Drive, Liverpool, Merseyside L24 2RA3
£115K10/220.53 mi41, All Hallows Drive, Liverpool, Merseyside L24 2RA3
£85K10/200.56 mi77, Oldbridge Road, Liverpool, Merseyside L24 2TW3
£85K01/210.58 mi38, East Dam Wood Road, Liverpool, Merseyside L24 7RJ3
£130K10/200.58 mi128, Eastern Avenue, Liverpool, Merseyside L24 2TD3
£148K12/220.6 mi21h, Alderwood Avenue, Liverpool, Merseyside L24 2UB3
£167K08/230.6 mi17, East Dam Wood Road, Liverpool, Merseyside L24 7RG3
£103K12/200.6 mi39, Millwood Road, Liverpool, Merseyside L24 2UP3
£185K06/230.65 mi2, Alderwood Avenue, Liverpool, Merseyside L24 2UE3
£260K02/210.65 mi240, Hale Road, Hale Village, Liverpool, Halton L24 5RD3
£127.5K12/200.66 mi37, Central Way, Liverpool, Merseyside L24 2SJ3
£243K11/220.7 mi25, Daffodil Road, Halewood, Liverpool, Merseyside L26 0AP3
£128K11/210.71 mi213, Hale Drive, Liverpool, Merseyside L24 2TF3
£226K10/200.71 mi4, Baileys Lane, Hale Village, Liverpool, Halton L24 5RG3
£130K04/210.72 mi62, Brent Way, Liverpool, Merseyside L26 9XH3
£220K05/210.73 mi9, Willaston Drive, Halewood, Liverpool, Merseyside L26 9YN3
£270K08/220.73 mi7, Willaston Drive, Halewood, Liverpool, Merseyside L26 9YN3
£147K08/210.73 mi15, Acre Green, Liverpool, Merseyside L26 9YS3
£130K04/230.75 mi92, Little Heath Road, Liverpool, Merseyside L24 2TP3
£149.9K07/220.77 mi19, Maldon Close, Liverpool, Merseyside L26 9XL3
£317.3K06/210.79 mi242, Higher Road, Liverpool, Merseyside L26 9UE3
£185K02/230.79 mi1, Keston Walk, Liverpool, Merseyside L26 9XQ3
£297K08/220.8 mi1, Weston Grove, Halewood, Liverpool, Merseyside L26 9YP3
£162K11/210.81 mi89, Ganworth Road, Liverpool, Merseyside L24 2SA3
£170K07/210.82 mi10, Compton Way, Halewood, Liverpool, Merseyside L26 9XG3
£120K02/210.82 mi194, Baileys Lane, Halewood, Liverpool, Merseyside L26 9TU3
£110K05/210.84 mi42, Antons Road, Liverpool, Merseyside L26 9UP3
£158K11/220.84 mi56, Antons Road, Liverpool, Merseyside L26 9UP3
£180K01/230.84 mi25, Burland Road, Liverpool, Merseyside L26 9YJ3
£110K01/210.84 mi181, Hale Drive, Liverpool, Merseyside L24 2TE3
£115K07/210.84 mi157, Hale Drive, Liverpool, Merseyside L24 2TE3

Local Rents

10 rents from £550/mo to £1.1K/mo, average is £820/mo.

RentDateDistanceAddressBeds 
£75002/250.17 mi-3
£57501/240.27 mi-3
£55008/230.28 mi-3
£84512/240.3 miHarland Green, Liverpool, L243
£84505/240.3 mi-3
£59407/240.36 mi-3
£79503/230.5 mi-3
£1,10012/240.62 mi-3
£1,15011/240.62 mi-3
£1,05012/240.62 miCentral Way, Liverpool, L243

Local Area Statistics

Population in L24

15,951

Population in Liverpool

675,519

Town centre distance

10.05 miles away

Nearest school

0.40 miles away

Nearest train station

1.29 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £125,000

December 30, 2024

Floor Plans

Description

Welcome to this Three-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 three 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.
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?

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