2 Bed Terraced House, Refurb/BRRR, Liverpool, L7 8RD, £110,000

Edinburgh Road, Liverpool, L7 8RD - 4 views - 2 months ago

Sold STC
Auction
Refurb/BRRR
ROI: 7%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£53.5K - £170K
Sold Prices/m²£594/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£88,293

 

 

End Value (After Refurb)

£122,235

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£28,876

Bridging Loan Interest

£2,888

Total Cash In

£65,514

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£122,235

Mortgage (After Refinance)

£91,676

Mortgage LTV

75%

Cash Released

£9,176

Cash Left In

£56,338

Equity

£30,559

Rent Range

£520 - £1,350

Rent Estimate

£965

Running Costs/mo

£595

Cashflow/mo

£370

Cashflow/yr

£4,440

ROI

7%

Gross Yield

11%

Local Sold Prices

50 sold prices from £53.5K to £170K, average is £93.5K. £594/m² to £2.3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£73K02/210.07 mi27, Battenberg Street, Liverpool, Merseyside L7 8RS2
£130K08/220.09 mi35, Albany Road, Kensington, Liverpool, Merseyside L7 8RQ2
£130K04/240.09 mi33, Albany Road, Kensington, Liverpool, Merseyside L7 8RQ2
£90.5K12/220.11 mi71, Saxony Road, Liverpool, Merseyside L7 8RU2
£87.5K11/200.15 mi65, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£165K08/210.15 mi96, Empress Road, Kensington, Liverpool, Merseyside L7 8SE2
£150K06/210.16 mi107, Albany Road, Kensington, Liverpool, Merseyside L7 8RH2
£107.5K02/240.2 mi95, Leopold Road, Kensington, Liverpool, Merseyside L7 8SR2
£155K09/230.2 mi100, Leopold Road, Kensington, Liverpool, Merseyside L7 8SR2
£102.2K02/240.2 mi113, Albert Edward Road, Liverpool, Merseyside L7 8SA2
£140K05/220.35 mi2, John Lennon Drive, Liverpool, Merseyside L6 9HT2
£170K11/220.37 mi6, John Lennon Drive, Liverpool, Merseyside L6 9HT2
£126K08/230.42 mi72, Fell Street, Liverpool, Merseyside L7 2QD2
£140.1K08/220.43 mi11, Holdsworth Drive, Liverpool, Merseyside L7 2QN2
£83K08/210.46 mi38, Grantham Street, Liverpool, Merseyside L6 6BX2
£80K04/210.47 mi39, Hawkins Street, Liverpool, Merseyside L6 6BY2
£56K10/200.47 mi41, Hawkins Street, Liverpool, Merseyside L6 6BY2
£75.5K05/230.47 mi13, Hawkins Street, Liverpool, Merseyside L6 6BY2
£73K10/200.48 mi34, Hawkins Street, Liverpool, Merseyside L6 6BZ2
£67K04/210.48 mi92, Hawkins Street, Liverpool, Merseyside L6 6BZ2
£67K06/210.49 mi54, Sutcliffe Street, Liverpool, Merseyside L6 6AT2
£100K11/210.51 mi72, Mansell Road, Liverpool, Merseyside L6 6AZ2
£98K07/210.52 mi38, Needham Road, Liverpool, Merseyside L7 0EG2
£95K05/210.52 mi29, Needham Road, Liverpool, Merseyside L7 0EE2
£103K02/240.53 mi15, Wrenbury Street, Liverpool, Merseyside L7 2PU2
£134K02/230.53 mi14, Atwell Street, Liverpool, Merseyside L6 2BL2
£83K07/210.54 mi8, Chiswell Street, Liverpool, Merseyside L7 0EA2
£125K10/230.55 mi19, Odsey Street, Liverpool, Merseyside L7 0EB2
£90K02/210.56 mi25, Gilroy Road, Liverpool, Merseyside L6 6BG2
£72.5K05/210.58 mi14, Mirfield Street, Liverpool, Merseyside L6 6BD2
£60K09/200.58 mi12, Mirfield Street, Liverpool, Merseyside L6 6BD2
£69K05/210.58 mi10, Mirfield Street, Liverpool, Merseyside L6 6BD2
£75K11/210.58 mi22, Cameron Street, Liverpool, Merseyside L7 0EW2
£102.5K05/240.6 mi45, Cameron Street, Liverpool, Merseyside L7 0EN2
£140K10/220.61 mi101, Smithdown Lane, Liverpool, Merseyside L7 3JU2
£92K12/220.62 mi42, Morden Street, Liverpool, Merseyside L6 6BA2
£125K02/210.62 mi76, Deane Road, Liverpool, Merseyside L7 0ET2
£60K06/210.62 mi2, Bradfield Street, Liverpool, Merseyside L7 0EP2
£53.5K11/200.62 mi59, Malvern Road, Liverpool, Merseyside L6 6BN2
£90K03/230.63 mi7, Morden Street, Liverpool, Merseyside L6 6BA2
£61K11/200.63 mi10, Malvern Road, Liverpool, Merseyside L6 6BW2
£110K11/230.64 mi217, Minster Court, Liverpool, Merseyside L7 3QH2
£85K02/230.64 mi28, Botanic Place, Liverpool, Merseyside L7 0ER2
£130K01/230.66 mi230, Minster Court, Liverpool, Merseyside L7 3QH2
£97.5K12/200.68 mi27, Kelso Road, Liverpool, Merseyside L6 3AG2
£155K05/220.7 mi31, Harkbridge Drive, Liverpool, Merseyside L7 6LR2
£76K05/210.73 mi75, Hinton Street, Fairfield, Liverpool, Merseyside L6 3AP2
£82K12/220.73 mi33, Kelso Road, Liverpool, Merseyside L6 3AG2
£90K10/220.73 mi22, Mayfair Close, Anfield, Liverpool, Merseyside L6 5JS2
£135K01/240.74 mi5, Wentworth Drive, Liverpool, Merseyside L5 4SY2

Local Rents

50 rents from £520/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,15004/240.02 miEdinburgh Road, Liverpool, L7 8RD2
£1,10005/240.02 miEdinburgh Road, Liverpool, L7 8RD2
£1,32512/240.02 mi-2
£65004/240.03 miRenfrew Street, Liverpool2
£85004/240.04 mi-2
£79506/240.05 miTeck Street, Liverpool2
£1,20004/240.14 mi-2
£1,15007/240.14 mi-2
£1,15012/240.14 mi-2
£1,02501/250.14 mi-2
£1,00002/250.14 mi-2
£92508/240.14 miGilmartin Grove, Liverpool, L62
£75007/240.15 miGilmartin Grove, Islington, Liverpool, L62
£90007/240.15 miGilmartin Grove, Liverpool. L62
£95004/240.15 miEmpress road L72
£70012/240.15 miGilmartin Grove, Liverpool, L62
£80012/240.16 mi-2
£65004/240.17 miAdelaide road L72
£80004/240.21 mi-2
£75003/250.24 mi-2
£95010/230.28 miEpworth Street, Liverpool, Merseyside, L6 1LS2
£1,20007/240.29 miEpworth Street, Liverpool, L62
£1,20007/240.29 mi-2
£1,20008/240.29 mi-2
£95008/240.29 mi9 Epworth Street, Liverpool, Merseyside, L62
£85008/240.29 miEpworth Street L62
£83505/240.3 miEverton Road, Liverpool2
£90005/240.31 mi145A Kensington, Liverpool, Merseyside, L72
£64107/240.31 miChurton Court, Liverpool, L6 2AT2
£1,15003/250.31 mi-2
£99908/240.31 mi-2
£1,25009/240.31 mi-2
£1,00002/250.31 mi-2
£1,25009/240.31 miMoss Street, Liverpool, L62
£1,05008/240.32 miMoss Street, L62
£1,10007/240.32 mi-2
£1,10007/240.32 mi-2
£98007/240.32 mi-2
£1,10006/240.32 miMoss Street, Liverpool, L62
£95004/240.32 mi-2
£87007/240.32 mi-2
£87007/240.32 miMoss Street, Liverpool, L62
£1,00008/240.33 mi10B Moss Street, Liverpool2
£1,10005/240.37 miShaw Street, Liverpool2
£1,00007/240.38 miShaw Street, City Centre, Liverpool, L62
£52006/240.38 miHighgate Street, Liverpool, L72
£1,35012/240.39 mi-2
£1,25003/250.39 mi-2
£1,20002/250.39 mi-2
£1,10002/250.4 mi-2

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £110,000

January 24, 2025

Floor Plans

Description

  • SOLD BY GOTO MODERN AUCTION +
  • OPEN HOUSE SAT 1ST FEB 10AM +
  • PERFECT FOR INVESTORS OR FIRST TIME BUYERS +
  • KENSINGTON FIELDS +
  • TWO BEDROOMS +
  • SPACIOUS +
  • POTENTIAL FOR MODERNISATION +
  • CLOSE TO CITY CENTRE +
  • EXCELLENT TRANSPORT LINKS +
  • NO CHAIN +

*OPEN HOUSE SAT 1ST FEB 10AM* SOLD BY GOTO MODERN AUCTION*** (please see below for further info)** Nestled in the vibrant Kensington Fields area of Liverpool (L7), this delightful two-bedroom mid-terrace property presents an incredible opportunity for both investors and first-time buyers seeking a blank canvas for modernisation or adaptation. Situated just a short stroll from the city's renowned theatres, universities, hospital, and iconic Cathedral, this home is perfectly positioned to benefit from the bustling city life while enjoying a tranquil residential atmosphere. Key Features:- ** Spacious Living Areas: The property boasts two generous reception rooms, providing ample space for relaxation and entertaining. The versatile layout allows for various configurations, catering to your personal lifestyle needs.- Functional Kitchen: The kitchen offers a practical area for culinary pursuits, with potential for upgrades to create your dream cooking space. - Comfortable Bedrooms: Featuring two well-proportioned double bedrooms, this property accommodates both family living and guest arrangements effortlessly.- Large Bathroom: The sizeable bathroom is equipped to serve the household's needs, with potential for contemporary enhancements to create a spa-like retreat.- Pleasant Rear Yard: Step outside to a charming rear yard, ideal for outdoor relaxation, gardening, or al fresco dining—perfect for enjoying Liverpool's warmer months.- Original Features: This property retains some original features, adding character and charm while allowing the new owners the opportunity to blend modern updates with classic elements. Additional Information:- ** No Chain Sale: This property is being sold by Goto Auctions, with no onward chain, facilitating a swift and uncomplicated buying process.- Location: Located in the sought-after Kensington Fields, residents will appreciate the proximity to a wide array of amenities, including shops, cafes, and parks, all within easy reach. - Excellent Transport Links:** With outstanding transport connections, Liverpool city centre is just a short walk away, making commuting and exploring the city hassle-free. This property is not just a house; it's a potential-filled home waiting for the right owner to breathe new life into it.  For more information, or to arrange a viewing, please contact Goto Auctions. Don’t miss this opportunity to invest in a prime location in Liverpool!

**The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.  ** **This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.  ** **Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.  ** **To book a viewing visit Yopa.  ** **Auctioneer's Comments:  ** **This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.  ** **The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.  ** **Buyer Fees  ** **Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6,600 including VAT a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market.  ** **Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.  ** Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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