2 Bed Terraced House, Refurb/BRRR, Bootle, L20 4RU, £80,000

Dryden Street, Bootle, L20 4RU - 13 views - 3 months ago

Under Offer
Refurb/BRRR
ROI: 7%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£45K - £115K
Sold Prices/m²£489/m² - £1.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£68,420

 

 

End Value (After Refurb)

£79,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Refurb Costs

£28,709

Bridging Loan Interest

£2,100

Total Cash In

£56,159

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£79,000

Mortgage (After Refinance)

£59,250

Mortgage LTV

75%

Cash Left In

£56,159

Equity

£19,750

Rent Range

£550 - £1,000

Rent Estimate

£750

Running Costs/mo

£417

Cashflow/mo

£333

Cashflow/yr

£3,998

ROI

7%

Gross Yield

11%

Local Sold Prices

50 sold prices from £45K to £115K, average is £70K. £489/m² to £1.7K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£63K01/210.01 mi70, Dryden Street, Bootle, Merseyside L20 4RU2
£45K06/210.01 mi11, Gray Street, Bootle, Merseyside L20 4RY2
£62.5K06/210.06 mi35, Cowper Street, Bootle, Merseyside L20 4RR2
£69.5K12/200.07 mi56, Boswell Street, Bootle, Merseyside L20 4RP2
£70.1K02/210.12 mi26, Kipling Street, Bootle, Merseyside L20 4QE2
£54.3K03/210.12 mi4, Kipling Street, Bootle, Merseyside L20 4QE2
£93.5K06/210.12 mi4, Deepdale Avenue, Bootle, Merseyside L20 4NF2
£75K09/210.12 mi24, Bowles Street, Bootle, Merseyside L20 4QF2
£75K08/210.12 mi22, Bowles Street, Bootle, Merseyside L20 4QF2
£55K11/200.14 mi54, Pope Street, Bootle, Merseyside L20 4PH2
£110K07/230.16 mi50, Percy Street, Bootle, Merseyside L20 4PQ2
£78K06/210.16 mi27, Longfellow Street, Bootle, Merseyside L20 4JR2
£65K03/210.16 mi10, Longfellow Street, Bootle, Merseyside L20 4JR2
£95K10/220.17 mi29, Bulwer Street, Bootle, Merseyside L20 4QH2
£67.5K11/200.17 mi61, Tennyson Street, Bootle, Merseyside L20 4LE2
£70K03/210.17 mi51, Tennyson Street, Bootle, Merseyside L20 4LE2
£82K12/220.17 mi10, Prior Street, Bootle, Merseyside L20 4PS2
£65K03/230.17 mi41, Prior Street, Bootle, Merseyside L20 4PS2
£65K02/230.18 mi27, Smollett Street, Bootle, Merseyside L20 4PT2
£51.3K02/210.18 mi26, Smollett Street, Bootle, Merseyside L20 4PT2
£110K02/230.19 mi14, Scott Street, Bootle, Merseyside L20 4PF2
£71K11/210.2 mi18, Waller Street, Bootle, Merseyside L20 4PU2
£58K04/210.24 mi23, Warton Street, Bootle, Merseyside L20 4PX2
£75K04/230.24 mi4, Warton Street, Bootle, Merseyside L20 4PX2
£87K09/210.24 mi41, Cookson Road, Liverpool, Merseyside L21 4NT2
£61.5K05/230.3 mi14, Verdi Avenue, Liverpool, Merseyside L21 4NH2
£62K12/200.3 mi68, Kilburn Street, Liverpool, Merseyside L21 8HW2
£82K08/230.31 mi22, Kilburn Street, Liverpool, Merseyside L21 8HW2
£63K05/230.31 mi40, Kilburn Street, Liverpool, Merseyside L21 8HW2
£75.5K02/230.32 mi14, Chelsea Road, Litherland, Liverpool, Merseyside L21 8HJ2
£78K11/230.32 mi29, Kilburn Street, Liverpool, Merseyside L21 8HN2
£105.5K04/230.32 mi27, Rossini Street, Liverpool, Merseyside L21 4NS2
£51K07/210.32 mi21, Balfe Street, Liverpool, Merseyside L21 4NR2
£64K03/230.33 mi36, Riddock Road, Liverpool, Merseyside L21 8HT2
£65K01/230.33 mi38, Riddock Road, Liverpool, Merseyside L21 8HT2
£69.5K09/210.34 mi53, Longfield Road, Liverpool, Merseyside L21 8LA2
£106K11/220.34 mi42, Riddock Road, Liverpool, Merseyside L21 8HT2
£54K12/200.34 mi11, Lime Grove, Seaforth, Liverpool, Merseyside L21 3TT2
£91K11/220.36 mi44, Beechwood Road, Litherland, Liverpool, Merseyside L21 8JZ2
£87K11/210.39 mi3, Bromyard Close, Bootle, Merseyside L20 4UY2
£80K10/210.39 mi4, Kepler Street, Seaforth, Liverpool, Merseyside L21 3TF2
£75K11/200.39 mi10, Kepler Street, Seaforth, Liverpool, Merseyside L21 3TF2
£70K11/200.4 mi8, Bushley Close, Bootle, Merseyside L20 4UZ2
£70K04/210.42 mi10, Cobb Avenue, Liverpool, Merseyside L21 8JA2
£115K11/200.42 mi8, Ash Grove, Seaforth, Liverpool, Merseyside L21 1BD2
£69K10/200.45 mi54, Pennington Road, Liverpool, Merseyside L21 8HY2
£80K10/200.45 mi15, Glover Place, Bootle, Merseyside L20 4QR2
£70K02/210.45 mi24, Kirk Road, Liverpool, Merseyside L21 8HX2
£108K11/220.45 mi44, Pennington Road, Litherland, Liverpool, Merseyside L21 8HY2
£92.5K12/200.46 mi5, St James Drive, Bootle, Merseyside L20 4EL2

Local Rents

51 rents from £550/mo to £1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70005/240.04 miCowper Street, Bootle, L20 4RS2
£65005/240.04 mi-2
£75004/250.04 mi-2
£78012/240.04 mi-2
£77501/250.04 mi-2
£75002/240.04 mi-2
£75004/240.08 miMoore Street, BOOTLE2
£75005/240.12 miBowles Street, Bootle2
£70006/240.13 miFalconer Street, Bootle, Liverpool, L202
£72504/250.16 mi-2
£85012/240.16 mi-2
£57505/240.17 miPeel Road, Bootle2
£75003/250.18 mi-2
£74505/240.18 mi-2
£74505/240.18 miSmollett Street, Bootle, L202
£75004/250.18 mi-2
£1,00003/250.19 mi-2
£55005/240.2 miShelley Street, Bootle2
£70012/240.2 mi-2
£70004/250.22 mi-2
£67504/240.24 miSpenser Street, Bootle2
£69503/250.25 mi-2
£62512/240.26 miSeaforth Road, Liverpool, L212
£79504/240.26 miSeaforth Road, Liverpool, Merseyside, L212
£75012/240.26 mi-2
£75003/250.27 mi-2
£72505/240.28 mi-2
£78001/240.3 mi-2
£80003/250.3 mi-2
£70012/240.31 miBeechwood Road, Litherland, Liverpool, L21 8JY2
£75004/250.32 mi-2
£72008/240.32 mi-2
£75005/240.33 miMildmay Road, Bootle2
£62502/240.34 mi-2
£75004/240.34 mi-2
£80012/240.39 mi-2
£80012/240.39 mi-2
£80005/240.39 miLinacre Road, Liverpool, L212
£80005/240.39 miLinacre Road, Liverpool, L212
£77512/240.41 mi-2
£57504/240.42 miSeaforth Vale North, Liverpool2
£75008/240.42 mi-2
£69505/240.43 miLander Road, Litherland, Merseyside, L212
£65004/240.43 mi-2
£65004/240.43 mi-2
£67503/250.43 mi-2
£85003/250.44 mi-2
£70004/240.44 miSeaforth Road, Seaforth L21 3TX2
£75004/250.45 mi-2
£75012/240.52 miEaton Avenue, Litherland, Liverpool2
£72505/240.61 miBarnton Close, Bootle, L202

Local Area Statistics

Population in L20

31,316

Population in Bootle

51,353

Town centre distance

0.90 miles away

Nearest school

0.30 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £80,000

January 14, 2025

Description

  • No Onward Chain +
  • In Need of Modernisation +
  • Two Double Bedrooms +
  • End Terraced +
  • Two Reception Rooms +
  • Rental Potential of £9,000 Per Annum +
  • Rear Yard +
  • Freehold +
  • Council Tax Band - A +
  • EPC Rating - TBC +

* No Onward Chain - Ideal Investment Opportunity - In Need of Refurbishment *

Lyons Estates are delighted to bring to the market, this two bedroom, end terraced property in the popular location of Dryden Street, L4. This area has great access to transport links and offers ample local amenities.

In need of renovation throughout, this spacious property has a wealth of potential to be modernised to make the perfect home or investment. Outside there is a compact front garden and path, which is enclosed from the walkway to the front.

Briefly, the property comprises of a spacious, bay fronted lounge, offering plenty of natural light. There is a rear reception room, perfect for a dining room. The kitchen is located from here and offers access to the rear yard.

The first floor holds the two bedrooms, both of which are doubles! The bathroom is currently designed as a wetroom, but has masses of potential to modernise to make a great size family bathroom, for whatever your needs.

Following modernisation, this has a rental potential of £9,000 per annum!

Don't miss out on this opportunity, contact Lyons Estates to arrange a viewing!

PROPERTY MISDESCRIPTIONS ACT 1991
"The Agent has not tested any apparatus, equipment, fixture, fittings or services, and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect. Neither has the Agent checked the legal documentation to verify legal status of the property or the validity of any guarantee. A buyer must assume the information is incorrect, until it has been verified by their own solicitors.""The measurements supplied are for general guidance, and as such must be considered as incorrect. A buyer is advised to re-check the measurements themselves before committing themselves to any expense.""Nothing concerning the type of construction or the condition of the structure is to be implied from the photograph of the property.""The sales particulars may change in the course of time, and any interested party is advised to make final inspection of the property prior to exchange of contracts".MISREPRESENTATION ACT 1967
"These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.If any interested party wishes to rely upon any information from the agent, then a request should be made and specific written confirmation can be provided. The Agent will not be responsible for any verbal statement made by any member of staff, as only a specific written confirmation should be relied upon. The Agent will not be responsible for any loss other than when specific written confirmation has been requested."

Agent Details

Lyons Estates Ltd, Liverpool

0151 453 4335

Next Steps?

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