6 Bed HMO, Liverpool, L9 2BL, £384,995

322 Rice Lane, Liverpool, L9 2BL - 4 views - 3 months ago

HMO
ROI: 7%
152 m²
+7 photos

ValuationOvervalued

Sold Prices£110K - £595K
Sold Prices/m²£710/m² - £2.2K/m²

 

 

Square Metres

152 m²
Price/m²£2.5K/m²

Value Estimate

£197,170

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,249

Stamp Duty & Legal Fees

£19,500

Total Cash In

£115,748

 

 

Cash Out

 

Room Rate

£542

Gross Rent

£3,252

Running Costs/mo

£2,569

Cashflow/mo

£683

Cashflow/yr

£8,198

ROI

7%

Gross Yield

10%

Local Sold Prices

15 sold prices from £110K to £595K, average is £251K. £710/m² to £2.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£251K03/210.19 mi74, Yew Tree Road, Walton, Liverpool, Merseyside L9 1AL6
£356K02/230.68 mi61, Alexandra Drive, Bootle, Merseyside L20 0EE6
£210K02/211.18 mi54, Trinity Road, Bootle, Merseyside L20 3BB6
£190K04/231.83 mi4, Orwell Road, Liverpool, Merseyside L4 1RQ6
£250K03/232.33 mi11, Sandringham Road, Tuebrook, Liverpool, Merseyside L13 8BX6
£275K10/212.49 mi24, Marlborough Road, Tuebrook, Liverpool, Merseyside L13 8AX6
£110K03/212.5 mi2, Ellel Grove, Liverpool, Merseyside L6 4AB6
£190K04/212.53 mi15a, Sandringham Road, Waterloo, Liverpool, Merseyside L22 1RW6
£162.5K02/212.6 mi103, Newsham Drive, Liverpool, Merseyside L6 7UH6
£595K02/212.69 mi10, Alexandra Road, Waterloo, Liverpool, Merseyside L22 1RJ6
£430K10/202.7 mi15, Waterloo Road, Waterloo, Liverpool, Merseyside L22 1RE6
£242.5K05/212.89 mi41, Galloway Road, Liverpool, Merseyside L22 4QX6
£265K11/212.94 mi14, Lorne Road, Liverpool, Merseyside L22 0NH6
£340K06/213 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£340K06/213 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6

Local Area Statistics

Population in L9

32,585

Population in Liverpool

675,519

Town centre distance

0.59 miles away

Nearest school

0.10 miles away

Nearest train station

0.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £384,995

January 22, 2025

Description

  • Potential HMO +
  • potential earning of £39,000 per annum +
  • 2 oven and hobbs +
  • recently refurbished +
  • Ensuites +

Nestled in the vibrant area of Rice Lane, Liverpool, this charming end terrace house offers a wonderful opportunity for both families and investors alike. With a generous living space of 1,981 square feet, this property boasts two inviting reception rooms, perfect for entertaining guests or enjoying quiet family evenings.

The house features six well-proportioned bedrooms with each having their own ensuite, providing ample space for a growing family or the potential for a house of multiple occupations (HMO), making it an attractive investment opportunity.

Built in 1911, this property retains a sense of character while offering modern amenities, including two oven hobs and extractor fans, ideal for those who enjoy cooking. The outdoor decking area presents a lovely space for relaxation or al fresco dining, perfect for enjoying the warmer months.

With a potential annual return of £39,000, this property is not only a delightful home but also a sound investment. Whether you are looking to settle down in a spacious family home or seeking a lucrative rental opportunity, this end terrace house on Rice Lane is sure to meet your needs. Don’t miss the chance to make this property your own.

External -

Bathroom -

Ensuite -

Bedroom 1 -

Bedroom 2 -

Bedroom 3 -

Bedroom 4 -

Hallway -

Yard -

Kitchen -

Agent Details

JD Estate Agents, Liverpool

0151 453 2195

Next Steps?

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

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