3 Bed Terraced House, Potential PLO/LOA, Liverpool, L10 9LU, £70,000

53 Ladysmith Road, Liverpool, Merseyside, L10 9LU - 5 views - 3 months ago

Leasehold

Auction

Negative Equity

ROI: 12%

79 m²

+2 photos

ValuationUndervalued

Sold Prices	£25K - £300K
Sold Prices/m²	£450/m² - £2.6K/m²

Square Metres	79 m²
Price/m²	£886/m²
Value Estimate	£112,500£112,500
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£17,500£17,500
Stamp Duty & Legal Fees	£3,900£3,900
Total Cash In	£21,400£21,400

Cash Out
Rent Range	£825 - £1,350£825 - £1,350
Rent Estimate	£700
Running Costs/mo	£379£379
Cashflow/mo	£321£321
Cashflow/yr	£3,855£3,855
ROI	18%18%
Gross Yield	12%12%

Local Sold Prices

50 sold prices from £25K to £300K, average is £124.5K. £450/m² to £2.6K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£130K	09/23	0.02 mi	36, Karonga Road, Liverpool, Merseyside L10 9LW	£1,625	80	3	Semi-Detached House
£77K	09/21	0.05 mi	48, Harrismith Road, Liverpool, Merseyside L10 9LR	-	-	3	Terraced House
£155K	09/23	0.07 mi	3, Harrismith Road, Liverpool, Merseyside L10 9LP	£1,824	85	3	Terraced House
£50K	11/20	0.08 mi	161, Lower Lane, Liverpool, Merseyside L9 7AE	£450	111	3	Terraced House
£110K	09/21	0.11 mi	4, Swainson Road, Liverpool, Merseyside L10 9NF	£1,149	96	3	Semi-Detached House
£97K	07/21	0.11 mi	31, Delagoa Road, Liverpool, Merseyside L10 9LS	£1,213	80	3	Semi-Detached House
£132K	12/22	0.12 mi	26, Swainson Road, Liverpool, Merseyside L10 9NF	-	-	3	Semi-Detached House
£25K	06/21	0.12 mi	112, Formosa Drive, Liverpool, Merseyside L10 7LF	-	-	3	Terraced House
£136K	04/23	0.17 mi	20, Dereham Crescent, Liverpool, Merseyside L10 7LA	-	-	3	Terraced House
£120K	01/23	0.18 mi	16, Formosa Way, Liverpool, Merseyside L10 7NL	£1,333	90	3	Terraced House
£235K	03/21	0.18 mi	56, Blueberry Fields, Liverpool, Merseyside L10 9NG	£1,610	146	3	Detached House
£124K	10/20	0.23 mi	712, Longmoor Lane, Liverpool, Merseyside L10 7LN	£1,204	103	3	Terraced House
£140K	02/21	0.25 mi	379, Longmoor Lane, Liverpool, Merseyside L10 1LA	£1,474	95	3	Semi-Detached House
£134K	04/24	0.26 mi	198, Formosa Drive, Liverpool, Merseyside L10 7LQ	£1,856	72	3	Semi-Detached House
£127.5K	05/23	0.26 mi	214, Formosa Drive, Liverpool, Merseyside L10 7LQ	£1,747	73	3	Terraced House
£110K	03/21	0.26 mi	26, Adlam Road, Liverpool, Merseyside L10 1LQ	-	-	3	Terraced House
£177K	12/23	0.26 mi	46, Adlam Road, Liverpool, Merseyside L10 1LQ	£1,967	90	3	Semi-Detached House
£120K	03/23	0.28 mi	67, Adlam Road, Liverpool, Merseyside L10 1LG	-	-	3	Semi-Detached House
£142K	08/23	0.3 mi	15, Drake Road, Liverpool, Merseyside L10 7NN	£1,893	75	3	Terraced House
£91K	11/20	0.3 mi	3, Drake Road, Liverpool, Merseyside L10 7NN	£1,300	70	3	Semi-Detached House
£145K	12/22	0.3 mi	30, Drake Crescent, Liverpool, Merseyside L10 7LS	£1,510	96	3	Terraced House
£92.5K	03/21	0.3 mi	23, Drake Crescent, Liverpool, Merseyside L10 7LP	£1,285	72	3	Terraced House
£121K	11/22	0.33 mi	780, Longmoor Lane, Liverpool, Merseyside L10 7LW	£1,375	88	3	Semi-Detached House
£125K	09/23	0.33 mi	5, Drake Close, Liverpool, Merseyside L10 7NJ	£1,712	73	3	Terraced House
£90K	11/20	0.35 mi	3, Drake Way, Liverpool, Merseyside L10 7LL	£1,139	79	3	Terraced House
£115K	09/22	0.36 mi	76, Falcon Hey, Liverpool, Merseyside L10 7NU	-	-	3	Terraced House
£142K	03/21	0.36 mi	289, Longmoor Lane, Liverpool, Merseyside L9 9EW	£1,495	95	3	Semi-Detached House
£200K	08/23	0.36 mi	17, Sherwoods Lane, Liverpool, Merseyside L10 1LN	-	-	3	Semi-Detached House
£140K	10/22	0.36 mi	94, Drake Crescent, Liverpool, Merseyside L10 7LT	£1,458	96	3	Semi-Detached House
£90K	11/21	0.37 mi	62, Drake Crescent, Liverpool, Merseyside L10 7LT	£1,324	68	3	Terraced House
£100K	08/23	0.38 mi	113, Haven Road, Liverpool, Merseyside L10 1LS	-	-	3	Terraced House
£150K	07/23	0.38 mi	107, Haven Road, Liverpool, Merseyside L10 1LS	£1,579	95	3	Semi-Detached House
£190K	06/24	0.38 mi	5, Adlam Crescent, Liverpool, Merseyside L9 9ET	£2,289	83	3	Terraced House
£115K	07/21	0.4 mi	94, Haven Road, Liverpool, Merseyside L10 1LU	£1,554	74	3	Terraced House
£150K	11/21	0.41 mi	816, Longmoor Lane, Liverpool, Merseyside L10 1LF	£1,685	89	3	Semi-Detached House
£190K	05/23	0.41 mi	802, Longmoor Lane, Liverpool, Merseyside L10 1LF	£1,881	101	3	Semi-Detached House
£120K	05/23	0.41 mi	25, Grieve Road, Liverpool, Merseyside L10 7NH	-	-	3	Terraced House
£97K	11/20	0.41 mi	18, Grieve Road, Liverpool, Merseyside L10 7NH	£1,516	64	3	Terraced House
£115K	03/21	0.41 mi	37, Edgemoor Drive, Fazakerley, Liverpool, Merseyside L10 1LP	£1,575	73	3	Terraced House
£120K	12/22	0.42 mi	43, Haven Road, Liverpool, Merseyside L10 1LR	£1,690	71	3	Terraced House
£132K	07/22	0.42 mi	23, Haven Road, Liverpool, Merseyside L10 1LR	-	-	3	Terraced House
£100K	06/21	0.45 mi	25, Gribble Road, Liverpool, Merseyside L10 7NE	-	-	3	Terraced House
£105.5K	11/22	0.45 mi	11, Gribble Road, Liverpool, Merseyside L10 7NE	-	-	3	Terraced House
£122.5K	01/24	0.47 mi	17, Kestrel Dene, Liverpool, Merseyside L10 7NR	£1,476	83	3	Terraced House
£83K	11/20	0.47 mi	2, Kestrel Dene, Liverpool, Merseyside L10 7NR	£1,203	69	3	Terraced House
£175K	12/22	0.47 mi	22, West Orchard Lane, Liverpool, Merseyside L9 9EF	£2,006	87	3	Semi-Detached House
£300K	09/22	0.47 mi	54, West Orchard Lane, Liverpool, Merseyside L9 9EF	£2,439	123	3	Detached House
£225K	04/23	0.47 mi	11, East Orchard Lane, Liverpool, Merseyside L9 9EG	£2,616	86	3	Semi-Detached House
£205K	02/23	0.48 mi	25, East Orchard Lane, Liverpool, Merseyside L9 9EG	-	-	3	Semi-Detached House
£235K	03/23	0.48 mi	46, Papillon Drive, Liverpool, Merseyside L9 9HN	-	-	3	Detached House

Local Rents

11 rents from £825/mo to £1.4K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£950	01/25	0.11 mi	-	3	Terraced House
£900	01/24	0.17 mi	-	3	Terraced House
£950	11/24	0.17 mi	-	3	Terraced House
£825	10/23	0.34 mi	-	3	Flat
£855	11/24	0.34 mi	-	3	Flat
£960	07/24	0.35 mi	-	3	Terraced House
£995	04/25	0.36 mi	-	3	Flat
£975	09/24	0.36 mi	-	3	Flat
£875	05/24	0.41 mi	Edgemoor Drive, Fazakerley, Liverpool, L10	3	Terraced House
£1,350	06/24	0.52 mi	Garden Lane, Liverpool	3	Semi-Detached House
£950	09/24	0.58 mi	-	3	Semi-Detached House

Local Area Statistics

Population in L10	14,96514,965
Population in Liverpool	675,519675,519
Town centre distance	2.09 miles away2.09 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.38 miles away0.38 miles away

Rental growth (12m)	+14%+14%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+52%+52%

Property History

Price changed to £70,000

January 15, 2025

Price changed to £80,000

January 7, 2025

Listed for £90,000

-6%

January 3, 2025

Sold for £95,000

2009

Description

Go to Auctioneers Website for Auction pack and viewing information. +

**Guide Price £90,000 For sale by unconditional online auction on the 15th of January 2025.

Registration is now open, bidding opens on 15th on January at 10:00 and ends on 15th January 2025on January at 13:50**

INCOME GENERATING INVESTMENT PROPERTY

Description
SEMI DETACHED HOME TO BE SOLD AT AUCTION ON THE 15TH JANUARY 2024

SUBJECT TO AN AST TO NOV 2025 AT £700 PER MONTH

This semi detached house comprises of spacious reception room, kitchen/diner, bathroom, 3 bedrooms, large rear garden and off road parking.
Gas Central Heating and double glazing.

Ideal location within 2 min walk of Fazakerley Hospital, shops, amenities, schools and transport links

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country North West, Liverpool

0151 453 3527

Next Steps?

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