3 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L32 9QS, £169,995

Pitsmead Road, Kirkby, L32 9QS - 4 views - 3 months ago

Under Offer
Leasehold
Refurb/BRRR
ROI: 2%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£70K - £260K
Sold Prices/m²£662/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£123,775

 

 

End Value (After Refurb)

£158,375

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,499

Stamp Duty & Legal Fees

£6,300

Refurb Costs

£39,200

Bridging Loan Interest

£4,462

Total Cash In

£94,211

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£158,375

Mortgage (After Refinance)

£118,781

Mortgage LTV

75%

Cash Left In

£94,211

Equity

£39,594

Rent Range

£795 - £1,000

Rent Estimate

£865

Running Costs/mo

£688

Cashflow/mo

£177

Cashflow/yr

£2,125

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £260K, average is £116.8K. £662/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£151.5K08/210.09 mi16, Carnforth Avenue, Liverpool, Merseyside L32 8XE3
£176K12/200.11 mi28, Cherryfield Drive, Liverpool, Merseyside L32 9PA3
£120K06/230.11 mi52, Leeside Avenue, Kirkby, Liverpool, Merseyside L32 9QX3
£125K01/210.13 mi11, Langdale Close, Kirkby, Liverpool, Merseyside L32 8XB3
£145K10/230.15 mi2, Birchmuir Hey, Liverpool, Merseyside L32 8UL3
£70K02/240.17 mi18, Pitsmead Road, Kirkby, Liverpool, Merseyside L32 9QN3
£130K06/210.17 mi2, Pitsmead Road, Kirkby, Liverpool, Merseyside L32 9QN3
£159K03/210.18 mi23, Leeside Avenue, Kirkby, Liverpool, Merseyside L32 9QU3
£130K02/240.18 mi1, Leeside Avenue, Kirkby, Liverpool, Merseyside L32 9QU3
£145K09/210.2 mi9, Lyelake Close, Liverpool, Merseyside L32 8SY3
£107K12/200.2 mi28, Hadleigh Road, Liverpool, Merseyside L32 8TB3
£145K08/240.2 mi71, Thistley Hey Road, Liverpool, Merseyside L32 8ST3
£260K02/230.21 mi40, Webster Drive, Liverpool, Merseyside L32 8SL3
£125K11/220.22 mi53, Thistley Hey Road, Liverpool, Merseyside L32 8ST3
£111.7K02/230.22 mi55, Park Brow Drive, Liverpool, Merseyside L32 9RF3
£110K12/230.24 mi56, Park Brow Drive, Liverpool, Merseyside L32 8TG3
£110K04/210.24 mi53, Hadleigh Road, Liverpool, Merseyside L32 8TD3
£92.5K06/210.25 mi4, Ingleton Road, Kirkby, Liverpool, Merseyside L32 9RP3
£95K12/210.25 mi2, Ingleton Road, Kirkby, Liverpool, Merseyside L32 9RP3
£100K06/240.29 mi15, Morston Avenue, Kirkby, Liverpool, Merseyside L32 9PY3
£116.5K04/240.3 mi7, Kersey Walk, Liverpool, Merseyside L32 9RA3
£105K05/230.3 mi20, Kersey Road, Liverpool, Merseyside L32 9RQ3
£90K12/200.31 mi33, Henlow Avenue, Kirkby, Liverpool, Merseyside L32 9RN3
£90K12/200.31 mi33, Henlow Avenue, Kirkby, Liverpool, Merseyside L32 9RN3
£156.5K07/230.31 mi1, Kersey Road, Liverpool, Merseyside L32 9RG3
£218K12/220.32 mi3, Meadowbarn Close, Liverpool, Merseyside L32 9BB3
£100K08/210.33 mi58, Stonehey Road, Kirkby, Liverpool, Merseyside L32 9QA3
£120K05/230.33 mi6, Askern Road, Kirkby, Liverpool, Merseyside L32 9QH3
£105K10/220.35 mi22, Stonehey Road, Kirkby, Liverpool, Merseyside L32 9PU3
£143K03/230.35 mi11, Stourton Road, Liverpool, Merseyside L32 9QL3
£91.5K10/210.35 mi32, Westhead Avenue, Liverpool, Merseyside L33 5XA3
£140K09/230.35 mi32, Westhead Avenue, Liverpool, Merseyside L33 5XA3
£125K02/230.35 mi42, Westhead Avenue, Liverpool, Merseyside L33 5XA3
£127.5K11/220.36 mi8, Bracknell Close, Kirkby, Liverpool, Merseyside L32 9PS3
£95K12/200.37 mi102, Stonehey Road, Kirkby, Liverpool, Merseyside L32 9PX3
£95K02/210.39 mi21, Rusland Road, Liverpool, Merseyside L32 6QN3
£75K06/210.39 mi1, Scoter Road, Kirkby, Liverpool, Merseyside L33 0XY3
£117K07/230.39 mi18, Scoter Road, Kirkby, Liverpool, Merseyside L33 0XY3
£107K09/220.39 mi35, Mosslawn Road, Liverpool, Merseyside L32 8TY3
£100K11/200.4 mi16, Farrier Road, Liverpool, Merseyside L33 5XX3
£115K09/220.41 mi7, Briery Hey Avenue, Liverpool, Merseyside L33 0YE3
£95K11/200.41 mi147, Broad Lane, Kirkby, Liverpool, Merseyside L32 6QE3
£100K03/210.41 mi3, Tedbury Walk, Liverpool, Merseyside L32 3XD3
£125K08/230.41 mi8, Kelday Close, Liverpool, Merseyside L33 0YA3
£125K04/230.43 mi9, Pinfold Crescent, Liverpool, Merseyside L32 6RX3
£130K03/240.44 mi10, Tennyson Way, Kirkby, Liverpool, Merseyside L32 9SL3
£125K08/230.44 mi35, Medbourne Crescent, Kirkby, Liverpool, Merseyside L32 6QT3
£110K05/210.49 mi14, Ormonde Crescent, Kirkby, Liverpool, Merseyside L33 5XR3
£160K12/200.49 mi13, Hall Drive, Liverpool, Merseyside L32 1TA3
£110K12/200.5 mi8, Cherry Gardens, Liverpool, Merseyside L32 7SE3

Local Rents

14 rents from £795/mo to £1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89512/240.36 miWesthead Avenue, Liverpool3
£82511/240.38 mi-3
£85005/240.45 mi-3
£82507/240.45 mi-3
£82507/240.45 mi-3
£1,00004/250.49 mi-3
£1,00004/250.49 mi-3
£79512/240.51 mi-3
£79512/240.51 mi-3
£85012/240.51 mi-3
£87507/230.55 mi-3
£89510/240.55 mi-3
£90003/250.55 miMintor Road, Northwood3
£81002/240.58 mi-3

Local Area Statistics

Population in L32

20,432

Population in Liverpool

675,519

Town centre distance

4.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.98 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

-2%

Property History

Listed for £169,995

January 29, 2025

Floor Plans

Description

  • Chain Free +
  • Close to Local Amenities +
  • Close to Town Centre +
  • Double Glazing +
  • Gas Central Heating +
  • Off Road Parking +
  • Epc Rated +
  • Council Tax Band +
  • Peppercorn Leasehold from 999 years from 1962 +

3-Bedroom Chain-Free Semi-Detached House with Garage

Location:
Nestled in the highly desirable Pitsmead Road, this charming 3-bedroom semi-detached property offers the perfect blend of convenience and tranquillity. Situated just a short stroll from Wignall Park and Kirkby Leisure Centre, this home is ideal for families, professionals, and commuters alike. The town centre, schools, and medical facilities are all within easy walking distance, making daily errands a breeze.

Transport Links:
For commuters, Headbolt Lane Railway Station is just a 5-minute drive away, with trains running every 15 minutes to Liverpool City Centre (19-minute journey). The coastal town of Southport is a 35-minute drive, while the historic market town of Ormskirk is only 20 minutes away by car.

Property Overview:
This chain-free property is in need of some renovation but presents an excellent opportunity to create your dream home. The layout is both practical and spacious, offering plenty of potential for modernisation and personalisation.

Ground Floor:
Storm Porch & Hallway: Enter through the storm porch into the welcoming hallway, with doors leading to the lounge and kitchen.
Lounge:
A generously sized reception room featuring UPVC bay windows, flooding the space with natural light.
Dining Room: Connected to the lounge, the dining room boasts patio doors opening to the large rear garden, perfect for indoor-outdoor living.
Kitchen:
Requires a program of works but offers the potential to be incorporated into a rear extension, creating a modern, open-plan living space.

First Floor:
Bedrooms: Three well-proportioned bedrooms provide ample space for a growing family or home office setup.
Bathroom:
A large family bathroom and an additional separate WC ensure convenience for busy households.

Exterior:
Front: Gated access leads to off-road parking and an attached garage, providing secure storage and parking.
Rear Garden:
A spacious rear garden features a large lawn and mature borders, offering a private outdoor retreat.

Key Features:
Chain-free semi-detached property
3 bedrooms, 1 bathroom, and separate WC
Large lounge and dining room with garden access
Potential for kitchen renovation and rear extension
Off-road parking and attached garage
Prime location near parks, schools, and transport links

Ideal for:
This property is perfect for first-time buyers, investors, or anyone looking to put their own stamp on a home in a sought-after location. With its excellent transport links, proximity to amenities, and generous outdoor space, this is a rare opportunity to secure a home in Pitsmead Road.

Viewings Highly Recommended:
Dont miss out on this fantastic opportunity to own a property with immense potential in one of Kirkbys most desirable areas. Contact us today to arrange a viewing!

*Act fast properties in this location dont stay on the market for long!*

Hall 2.20m (7' 3") x 4.00m (13' 1")
Upvc entrance door, radiator, stairs to first floor, under stair storage and carpeted flooring.

Lounge 4.41m (14' 6") x 3.35m (11' 0")
Upvc bay window to the front of the property, gas fire and carpeted flooring.

Dining Room 3.32m (10' 11") x 2.34m (7' 8")
Upvc patio doors leading to the garden, gas fire and carpeted flooring.

Kitchen 3.32m (10' 11") x 2.34m (7' 8")
upvc window to the rear of the property, base and wall units, plumbed for washing machine, vinyl flooring.

Utility 2.68m (8' 10") x 2.87m (9' 5")
Upvc windows to the side and rear of the property, door leading to rear porch, carpeted flooring.

Landing 2.50m (8' 2") x 3.30m (10' 10")
Upvc window to the side of the property, loft access and carpeted flooring.

Bedroom 1 3.41m (11' 2") x 3.76m (12' 4")
Upvc bay window, radiator and carpeted flooring.

Bedroom 2 4.50m (14' 9") x 3.43m (11' 3")
Upvc window to the rear of the property, radiator and carpeted flooring.

Bedroom 3 2.50m (8' 2") x 2.50m (8' 2")
Upvc window to the front of the property, radiator and carpeted flooring.

Bathroom 2.20m (7' 3") x 2.30m (7' 7")
upvc window to the rear of the property, walk-in electric shower, low level Wc and pedestalled wash basin, towel radiator, vinyl flooring.

Wc 1.60m (5' 3") x 0.90m (2' 11")
Upvc window to the side of the property, low level Wc, vinyl flooring.

Garden
Gated access with fenced boundaries, lovely mature garden with shrub and bush borders and mostly laid lawn, paved patio area and garden shed.

Agent Details

Doran Kennedy, Kirkby

0151 453 3703

Next Steps?

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