3 Bed Terraced House, Refurb/BRRR, Liverpool, L6 8NX, £170,000

Elm Vale, Liverpool, L6 8NX - 3 views - 2 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 6%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£70K - £242K
Sold Prices/m²£710/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£130,844

 

 

End Value (After Refurb)

£167,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Refurb Costs

£39,200

Bridging Loan Interest

£4,463

Total Cash In

£94,213

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£167,500

Mortgage (After Refinance)

£125,625

Mortgage LTV

75%

Cash Left In

£94,213

Equity

£41,875

Rent Range

£412 - £2,995

Rent Estimate

£1,305

Running Costs/mo

£804

Cashflow/mo

£501

Cashflow/yr

£6,007

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £70K to £242K, average is £125K. £710/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£97.5K03/210.07 mi18, Homerton Road, Liverpool, Merseyside L6 8NL3
£125K06/210.07 mi5, Homerton Road, Liverpool, Merseyside L6 8NL3
£128K12/200.09 mi38, Rufford Road, Liverpool, Merseyside L6 3BE3
£130K10/210.1 mi40, Whitland Road, Liverpool, Merseyside L6 8NR3
£182.6K01/230.1 mi32, Elm Vale, Liverpool, Merseyside L6 8NZ3
£167.5K09/210.11 mi34, Balmoral Road, Fairfield, Liverpool, Merseyside L6 8NF3
£200K10/220.11 mi158, Prescot Road, Fairfield, Liverpool, Merseyside L7 0JD3
£100K04/210.17 mi20, Hendon Road, Liverpool, Merseyside L6 8NS3
£100K02/210.17 mi15, Hendon Road, Liverpool, Merseyside L6 8NS3
£165.5K02/230.17 mi21, Hendon Road, Liverpool, Merseyside L6 8NS3
£183K10/220.18 mi14, Holland Street, Liverpool, Merseyside L7 0JQ3
£112.5K06/230.2 mi27, Swiss Road, Liverpool, Merseyside L6 3AT3
£125K03/230.2 mi9, Lister Road, Liverpool, Merseyside L7 0HE3
£135K11/230.21 mi5, Lockerby Road, Liverpool, Merseyside L7 0HG3
£80K11/200.22 mi13, Kelso Road, Liverpool, Merseyside L6 3AG3
£195K12/210.22 mi6a, Laurel Road, Liverpool, Merseyside L7 0LW3
£71K03/230.23 mi41a, Holland Street, Liverpool, Merseyside L7 0JG3
£75K09/230.23 mi33b, Holland Street, Liverpool, Merseyside L7 0JG3
£170K04/220.23 mi34, Fairfield Crescent, Fairfield, Liverpool, Merseyside L6 8PJ3
£170K10/220.23 mi61, Holland Street, Liverpool, Merseyside L7 0JG3
£242K02/230.29 mi17, Laurel Road, Liverpool, Merseyside L7 0LJ3
£99.5K03/230.29 mi10, Phillimore Road, Liverpool, Merseyside L6 6DL3
£142.5K11/210.3 mi33, Lorne Street, Liverpool, Merseyside L7 0JP3
£125K05/210.3 mi2, Romulus Street, Liverpool, Merseyside L7 9LT3
£145K11/230.33 mi86, Edge Grove, Liverpool, Merseyside L7 0HW3
£70K10/210.33 mi246, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AW3
£117K12/200.33 mi47, Romer Road, Liverpool, Merseyside L6 6DH3
£133K02/230.34 mi26, Maxton Road, Liverpool, Merseyside L6 6BJ3
£126K03/230.34 mi80, Halsbury Road, Liverpool, Merseyside L6 6DQ3
£120K11/220.34 mi3a, Southbank Road, Edge Hill, Liverpool, Merseyside L7 9LP3
£120K10/230.34 mi14, Southbank Road, Edge Hill, Liverpool, Merseyside L7 9LP3
£130K07/230.35 mi49, Deane Road, Liverpool, Merseyside L7 0ES3
£112.5K08/210.35 mi203, Molyneux Road, Kensington, Liverpool, Merseyside L6 6AL3
£140K05/230.35 mi25, Halsbury Road, Liverpool, Merseyside L6 6DG3
£93K03/210.37 mi315c, Edge Lane, Fairfield, Liverpool, Merseyside L7 9LF3
£95.5K05/210.37 mi317b, Edge Lane, Fairfield, Liverpool, Merseyside L7 9LF3
£105K03/210.37 mi37, Alford Street, Liverpool, Merseyside L7 9LX3
£130K10/210.39 mi7, Birchfield Close, Liverpool, Merseyside L7 9LZ3
£111K10/200.39 mi60, Hannan Road, Liverpool, Merseyside L6 6DB3
£143K08/240.39 mi37, Lindale Road, Liverpool, Merseyside L7 0JS3
£114K03/210.4 mi19, Malden Road, Liverpool, Merseyside L6 6BE3
£75K10/200.41 mi27, Middleton Road, Fairfield, Liverpool, Merseyside L7 0JL3
£92K03/210.41 mi17, Middleton Road, Fairfield, Liverpool, Merseyside L7 0JL3
£159K02/230.41 mi53, Needham Road, Liverpool, Merseyside L7 0EE3
£146.8K02/210.41 mi21, Birchfield Road, Edge Hill, Liverpool, Merseyside L7 9LY3
£135K10/200.41 mi43, Birchfield Road, Edge Hill, Liverpool, Merseyside L7 9LY3
£113K05/240.42 mi5, Dial Street, Liverpool, Merseyside L7 0EH3
£210K09/210.42 mi27, Gilroy Road, Liverpool, Merseyside L6 6BG3
£102K12/200.43 mi15, Hawkins Street, Liverpool, Merseyside L6 6BY3
£92K01/230.43 mi15, Hawkins Street, Liverpool, Merseyside L6 6BY3

Local Rents

50 rents from £412/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95008/240.03 miWhitcroft Road, Liverpool, L63
£1,30012/240.05 mi-3
£79505/240.07 miBalmoral Road, Liverpool, Merseyside, L63
£79506/240.07 miBalmoral Road, Liverpool, Merseyside, L63
£79508/240.07 miBalmoral Road, Liverpool, Merseyside, L63
£2,94512/240.07 mi-3
£2,94512/240.07 mi-3
£2,94501/250.07 mi-3
£89507/240.08 miHaverstock Road, Fairfield, Liverpool, L6 8PA3
£97012/240.1 mi-3
£92502/250.1 mi-3
£1,30003/250.1 mi-3
£95004/240.1 mi-3
£1,30004/240.13 mi-3
£1,15012/240.13 mi-3
£1,00005/240.13 miOnslow Road, Liverpool, Merseyside, L63
£43304/240.17 mi59 Hinton Street LET ONLY3
£85006/240.17 miHinton street, L63
£80005/240.17 miRawlins Street, Liverpool, Merseyside, L73
£1,55012/240.17 mi-3
£85001/250.18 mi-3
£2,90011/240.2 mi-3
£2,50002/250.2 mi-3
£1,20007/240.21 mi-3
£95012/240.22 mi-3
£92512/240.22 mi-3
£90012/240.22 mi-3
£90012/240.22 mi-3
£90001/250.22 mi-3
£2,99012/240.25 mi-3
£2,99501/250.25 mi-3
£1,45002/250.27 mi-3
£1,35003/250.27 mi-3
£45504/240.27 miSt John Divine Church, Liverpool3
£82509/240.28 miRidley Road, Liverpool3
£80004/240.28 miBigham Road, Liverpool, Merseyside, L63
£85005/240.28 miRidley Road, Liverpool, Merseyside, L63
£1,35008/240.29 mi-3
£41204/240.29 miChannell Road, Liverpool, Merseyside, L63
£1,74204/240.29 mi-3
£1,57504/240.29 mi-3
£1,54512/240.29 mi-3
£1,58212/240.29 mi-3
£1,75502/250.29 mi-3
£85007/240.29 mi-3
£1,71105/240.3 mi-3
£1,71105/240.3 miLorne Street, Liverpool, L73
£1,10012/240.3 mi-3
£1,10012/240.3 mi-3
£1,25008/240.3 mi-3

Local Area Statistics

Population in L6

23,668

Population in Liverpool

675,519

Town centre distance

3.42 miles away

Nearest school

0.30 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+46%

Sales demand

Balanced market

Capital growth (5yrs)

+45%

Property History

Listed for £170,000

January 20, 2025

Floor Plans

Description

  • Modern Mid Terrace Family Home +
  • Lounge & Dining Room +
  • Fitted Kitchen & Utility +
  • Close To Local Amenities & Transport Networks +
  • Rear Courtyard +
  • Three Bedrooms & Family Bathroom +
  • Viewing Highly Recommended +

The Property
This traditional mid-terrace house, located on Elm Vale in the sought-after area of Liverpool, offers a comfortable and well-proportioned family home. With a blend of classic features and modern potential, this property is perfect for first-time buyers, small families, or those looking for a project to make their own.

Upon entering, you are greeted by an entrance hall that leads to a spacious lounge, providing a relaxing space for everyday living. The adjoining dining room is a great area for family meals or entertaining guests. The fitted kitchen is located to the rear of the property and offers ample storage and workspace, while a utility room provides additional practical space for laundry and household chores.

Upstairs, the property offers three well-sized bedrooms, making it ideal for families in need of extra space. The family bathroom is located on the first floor and includes all the essential fixtures and fittings, offering plenty of scope for modernisation if desired.

Externally, the property benefits from a rear courtyard, providing a private outdoor space for relaxing, gardening, or dining al fresco.

Elm Vale is situated in a popular residential area with easy access to local amenities, schools, and public transport links, ensuring convenience for everyday life.

This traditional mid-terrace house offers a fantastic opportunity to create a comfortable home with the potential to add value. Early viewing is highly recommended to fully appreciate the space and possibilities this property has to offer.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/10/2971

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Liverpool

020 3907 2647

Next Steps?

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