3 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L19 1QE, £300,000

Lovelace Road, Garston, Liverpool, L19 1QE - 3 months ago

Sold STC
Refurb/BRRR
~103 m²
+15 photos

ValuationOvervalued

Sold Prices£135K - £675K
Sold Prices/m²£1.3K/m² - £4.5K/m²

 

 

Square Metres

~103.40 m²
Price/m²£2.9K/m²

Value Estimate

£248,780

 

 

End Value (After Refurb)

£285,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£43,584

Bridging Loan Interest

£7,875

Total Cash In

£149,409

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£285,000

Mortgage (After Refinance)

£213,750

Mortgage LTV

75%

Cash Left In

£149,409

Equity

£71,250

Rent Range

£750 - £2,000

Rent Estimate

£1,095

Running Costs/mo

£1,130

Cashflow/mo

£-35

Cashflow/yr

£-415

Gross Yield

4%

Local Sold Prices

52 sold prices from £135K to £675K, average is £222K. £1.3K/m² to £4.5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£280K06/210 mi7, Lovelace Road, Liverpool, Merseyside L19 1QE3
£285K06/210 mi11, Lovelace Road, Liverpool, Merseyside L19 1QE3
£224K10/200.06 mi11, Kintore Road, Liverpool, Merseyside L19 0NL3
£165K12/200.07 mi10, Whitehedge Road, Liverpool, Merseyside L19 1RY3
£241K06/230.07 mi18, Whitehedge Road, Liverpool, Merseyside L19 1RY3
£165K11/200.09 mi22, Stormont Road, Allerton, Liverpool, Merseyside L19 1QG3
£220K05/210.09 mi51, Stormont Road, Allerton, Liverpool, Merseyside L19 1QG3
£265K11/200.09 mi15, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£236K04/210.09 mi36, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£359K11/210.09 mi42, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£300K05/230.09 mi5, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£295K03/230.1 mi15, Ranfurly Road, Liverpool, Merseyside L19 0NP3
£302K11/200.1 mi12, Torrington Road, Liverpool, Merseyside L19 0NN3
£310K01/210.1 mi6, Torrington Road, Liverpool, Merseyside L19 0NN3
£185K06/210.13 mi23, Lumley Street, Liverpool, Merseyside L19 1QY3
£164K03/210.13 mi9, Lumley Street, Liverpool, Merseyside L19 1QY3
£175K09/210.15 mi60, Duncombe Road South, Liverpool, Merseyside L19 1QJ3
£193K11/210.15 mi24, Duncombe Road South, Liverpool, Merseyside L19 1QJ3
£334.1K03/210.15 mi152, Garston Old Road, Liverpool, Merseyside L19 9AQ3
£181.4K10/200.16 mi71, Lumley Street, Liverpool, Merseyside L19 1QZ3
£207K03/230.16 mi70, Lumley Street, Liverpool, Merseyside L19 1QZ3
£185K11/200.17 mi55, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£215K04/230.17 mi27, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£219K07/230.17 mi17, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£219K07/230.17 mi17, Duncombe Road South, Liverpool, Merseyside L19 1QH3
£315K12/200.17 mi101, Garston Old Road, Liverpool, Merseyside L19 9AE3
£160K02/210.17 mi1, Bowden Road, Liverpool, Merseyside L19 1QN3
£135K02/210.18 mi37, Bowden Road, Liverpool, Merseyside L19 1QN3
£162.5K02/210.2 mi43, Belper Street, Liverpool, Merseyside L19 1RQ3
£215K02/230.21 mi188, Garston Old Road, Liverpool, Merseyside L19 1QL3
£317.5K11/200.23 mi8, South Bank Road, Garston, Liverpool, Merseyside L19 9AR3
£220K10/200.23 mi254, Garston Old Road, Liverpool, Merseyside L19 1QL3
£195K05/210.23 mi192, Garston Old Road, Liverpool, Merseyside L19 1QL3
£185K09/210.27 mi69, Bowden Road, Liverpool, Merseyside L19 1QW3
£190K06/230.27 mi75, Bowden Road, Liverpool, Merseyside L19 1QW3
£675K05/220.27 mi73, Darby Road, Liverpool, Merseyside L19 9DE3
£415K02/230.27 mi17, Ryegate Road, Liverpool, Merseyside L19 9AL3
£150K05/210.27 mi17, Wainwright Grove, Liverpool, Merseyside L19 2LH3
£160K05/230.27 mi12, Wainwright Grove, Liverpool, Merseyside L19 2LH3
£331K11/220.27 mi30, Ryegate Road, Liverpool, Merseyside L19 9AL3
£385K02/230.28 mi25, Ryegate Road, Liverpool, Merseyside L19 9AL3
£235K11/220.28 mi77, Bowden Road, Liverpool, Merseyside L19 1QW3
£270K01/210.29 mi39, Riverbank Road, Liverpool, Merseyside L19 9DH3
£290K07/210.3 mi14, Cranford Road, Liverpool, Merseyside L19 9AZ3
£390K02/230.3 mi31, Eastern Drive, Liverpool, Merseyside L19 0NB3
£270K05/210.3 mi20, Grassendale Road, Liverpool, Merseyside L19 0NA3
£305K09/210.3 mi8, Dugdale Close, Liverpool, Merseyside L19 3RL3
£160K04/210.34 mi6, Bennett Street, Liverpool, Merseyside L19 2NE3
£175K07/230.34 mi4, Earp Street, Liverpool, Merseyside L19 1RT3
£175K07/230.34 mi4, Earp Street, Liverpool, Merseyside L19 1RT3
£320K02/210.34 mi302, Brodie Avenue, Liverpool, Merseyside L19 7NQ3
£316.7K04/210.34 mi328, Brodie Avenue, Liverpool, Merseyside L19 7NQ3

Local Rents

29 rents from £750/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£75006/240.07 miSt Marys Road, Garston3
£80001/240.13 mi-3
£95004/240.14 miStormont Road, Liverpool, Merseyside, L193
£1,10005/240.2 miCalthorpe Street, Allerton, L193
£75003/250.21 mi-3
£99504/240.22 miFletcher Drive,Aigburth,Liverpool,L193
£2,00001/240.28 mi-3
£1,35005/240.32 miIpswich Close, Liverpool, Merseyside, L193
£1,50004/240.32 miFairacre Road, Liverpool, Merseyside, L193
£1,35005/240.33 miIpswich Close, Garston, Liverpool, Merseyside, L19 2HP3
£1,10005/240.36 miTeignmouth Close, Liverpool3
£1,10005/240.36 miSouthampton Drive, Liverpool, L193
£87501/240.37 mi-3
£1,50003/250.38 mi-3
£1,30011/240.38 mi-3
£89510/230.39 miSt. Marys Road, Liverpool, Merseyside, L193
£85010/230.39 miSt. Marys Road,Garston,Liverpool,L193
£1,20005/240.41 mi-3
£1,20002/250.41 mi-3
£1,20003/240.42 mi-3
£1,00003/240.46 mi-3
£1,00004/250.46 mi-3
£90005/240.46 mi2 Jackson Street3
£90005/240.46 mi2 Jackson Street3
£1,00005/240.47 miAigburth Hall Road, Liverpool3
£1,25010/240.53 mi-3
£75012/230.55 mi-3
£1,10001/250.58 mi-3
£1,10001/240.59 mi-3

Local Area Statistics

Population in L19

23,769

Population in Liverpool

675,519

Town centre distance

7.43 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £300,000

January 2, 2025

Floor Plans

Description

  • Lovely Three Bedroom Semi Detached Property +
  • Located In Popular Residential Area of Garston +
  • A Rare Find - Available With No Onward Chain +
  • Well-Proportioned & Maintained Throughout +
  • Entrance Hall, Two Reception Rooms & Kitchen +
  • Two Spacious Double Bedrooms & Large Single +
  • Family Shower Room Along With Separate WC +
  • Neatly Manicured Rear Garden with Patio Area +

Move Residential are thrilled to present to the sales market this delightful three bedroom semi detached home, located on Lovelace Road in the popular residential area of Garston, L19. The property boasts generous and beautifully maintained living proportions throughout which offer plenty of scope for modernisation. Available for sale with no onward chain, this promises to make a fantastic purchase for growing families searching for a home they can put their own stamp on.
Following through the entrance hall you are led into a spacious family lounge which is awash with natural light courtesy of a walk-in bay window, presenting a welcoming space to relax and unwind. This is followed by a second reception room which provides the ideal setting for enjoying family mealtimes and entertaining guests, followed by a substantial kitchen complete with a range of fitted base and wall units and plentiful surface space.
Continuing up to the first floor, you will find two generously sized double bedrooms and a well-proportioned single room, each finished to a good standard and receiving plenty of natural light. Completing the interior of the home is a family shower room accompanied by a separate WC.
Externally, the property further benefits from a charming rear garden consisting of a neatly maintained lawn surrounded by established greenery borders, and a flagged patio area presenting an idyllic spot for al-fresco dining.
A viewing is recommended to fully appreciate the potential that this promising home has to offer.

Agent Details

Move Residential, Mossley Hill

0151 453 1497

Next Steps?

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