3 Bed Terraced House, Refurb/BRRR, Liverpool, L11 7BH, £120,000

Scarisbrick Road, Liverpool, L11 7BH - 1 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£73K - £185K
Sold Prices/m²£820/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£122,400

 

 

End Value (After Refurb)

£136,763

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Refurb Costs

£39,200

Bridging Loan Interest

£3,150

Total Cash In

£78,900

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£136,763

Mortgage (After Refinance)

£102,572

Mortgage LTV

75%

Cash Released

£12,572

Cash Left In

£66,328

Equity

£34,191

Rent Range

£700 - £1,300

Rent Estimate

£993

Running Costs/mo

£646

Cashflow/mo

£347

Cashflow/yr

£4,164

ROI

5%

Gross Yield

10%

Local Sold Prices

50 sold prices from £73K to £185K, average is £125K. £820/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£97.5K12/200.02 mi172, Scarisbrick Drive, Liverpool, Merseyside L11 7DG3
£100K02/210.02 mi140, Scarisbrick Drive, Liverpool, Merseyside L11 7DG3
£86K06/210.03 mi54, Scarisbrick Road, Liverpool, Merseyside L11 7BN3
£110K07/210.07 mi21, Jerningham Road, Liverpool, Merseyside L11 7BX3
£105K09/210.11 mi98, Scarisbrick Drive, Liverpool, Merseyside L11 7DD3
£121K05/210.12 mi274, Walton Hall Avenue, Liverpool, Merseyside L11 7BZ3
£117K03/210.12 mi256, Walton Hall Avenue, Liverpool, Merseyside L11 7BZ3
£140K01/230.14 mi23, Scarisbrick Drive, Liverpool, Merseyside L11 7DB3
£107K06/210.15 mi246, Walton Hall Avenue, Liverpool, Merseyside L4 9UU3
£100K06/210.17 mi13, Ardville Road, Liverpool, Merseyside L11 7DA3
£155K01/220.18 mi18, Hillbrook Drive, Walton, Liverpool, Merseyside L9 6GA3
£170K07/230.19 mi28, Wellfarm Close, Walton, Liverpool, Merseyside L9 6GD3
£117K06/210.22 mi127, Richard Kelly Drive, Liverpool, Merseyside L4 9XX3
£156K08/230.23 mi2, Harbreck Grove, Liverpool, Merseyside L9 6GB3
£145K10/230.23 mi28, Harbreck Grove, Liverpool, Merseyside L9 6GB3
£155K07/230.24 mi14, St Mathews Close, Walton, Liverpool, Merseyside L4 9XY3
£120K05/210.24 mi82, Abingdon Road, Liverpool, Merseyside L4 9SJ3
£135K06/210.25 mi2, Kingsland Road, Liverpool, Merseyside L11 7AS3
£123K11/220.25 mi57, Drakefield Road, Liverpool, Merseyside L11 7AT3
£120K02/210.26 mi29, Hurlingham Road, Liverpool, Merseyside L4 9SP3
£177.5K12/220.28 mi14, Strawberry Road, Liverpool, Merseyside L11 7AD3
£114K05/210.28 mi8, Hurlingham Road, Liverpool, Merseyside L4 9SS3
£150K11/210.29 mi26, Java Road, Liverpool, Merseyside L4 9XT3
£73K01/240.3 mi17, Stopgate Lane, Walton, Liverpool, Merseyside L9 6AN3
£160K08/240.3 mi29c, Stopgate Lane, Walton, Liverpool, Merseyside L9 6AN3
£135K05/230.31 mi12, Tilston Close, Liverpool, Merseyside L9 6DZ3
£125K04/240.31 mi28, Tilston Close, Liverpool, Merseyside L9 6DZ3
£135K03/230.31 mi11, Tilston Close, Liverpool, Merseyside L9 6DZ3
£130K02/210.32 mi54, East Lancashire Road, Liverpool, Merseyside L11 7AZ3
£125K04/230.32 mi147, Townsend Avenue, Norris Green, Liverpool, Merseyside L11 7AH3
£137.5K12/220.35 mi57, Grandison Road, Liverpool, Merseyside L4 9SU3
£87K03/230.35 mi14, Baythorne Road, Liverpool, Merseyside L4 9TL3
£146.5K10/210.36 mi59, Ingrave Road, Liverpool, Merseyside L4 9TG3
£103K05/210.36 mi5, Ingrave Road, Liverpool, Merseyside L4 9TG3
£110K05/210.37 mi53, Baythorne Road, Liverpool, Merseyside L4 9TJ3
£133.6K06/230.37 mi51, Baythorne Road, Liverpool, Merseyside L4 9TJ3
£130K05/210.37 mi78, Grandison Road, Liverpool, Merseyside L4 9SX3
£105K11/200.37 mi72, Ingrave Road, Liverpool, Merseyside L4 9TQ3
£85K07/240.38 mi68, Stopgate Lane, Walton, Liverpool, Merseyside L9 6AR3
£92.5K03/210.38 mi48, Stopgate Lane, Walton, Liverpool, Merseyside L9 6AR3
£185K12/210.38 mi109, Oleander Way, Walton, Liverpool, Merseyside L9 6EU3
£145K02/230.38 mi115, Finborough Road, Liverpool, Merseyside L4 9TD3
£107K04/210.38 mi142, Hurlingham Road, Liverpool, Merseyside L4 9ST3
£120K04/210.38 mi125, Finborough Road, Liverpool, Merseyside L4 9TD3
£126.5K03/230.39 mi19, Atheldene Road, Liverpool, Merseyside L4 9TU3
£128.2K01/230.4 mi9, Faversham Road, Liverpool, Merseyside L11 7BG3
£170K10/220.4 mi350, Townsend Avenue, Norris Green, Liverpool, Merseyside L11 5AH3
£100K03/210.42 mi83, Outer Forum, Liverpool, Merseyside L11 5BB3
£150K07/210.42 mi15, Bramberton Road, Liverpool, Merseyside L4 9TA3
£125K06/210.42 mi1, Netherwood Road, Liverpool, Merseyside L11 5AU3

Local Rents

34 rents from £700/mo to £1.3K/mo, average is £963/mo.

RentDateDistanceAddressBeds 
£85003/240.11 mi-3
£79505/240.15 miWalton Hall Avenue, Liverpool, Merseyside, L43
£90009/240.15 mi-3
£95002/250.27 mi-3
£95002/250.27 mi-3
£1,10001/250.3 mi-3
£1,00009/240.3 mi-3
£1,00005/240.31 miTilston Close, Liverpool, L93
£1,05004/240.37 miOleander Way, Walton, L9 6EW3
£1,24505/240.37 miOleander Way, Queen Mary Place, L93
£1,22506/240.37 miOleander Way, L93
£1,05005/240.38 mi-3
£1,25001/250.38 mi-3
£1,24505/240.38 miOleander Way, Queen Mary Place, L93
£1,27506/240.38 miOleander Way, Queen Mary Place, L93
£85007/240.45 mi-3
£1,30003/250.45 mi-3
£1,05007/240.48 miEast Lancashire Road, Liverpool, Merseyside, L113
£95004/240.5 mi-3
£92507/240.5 miUtting Avenue East, West Derby, Liverpool, L113
£90011/240.5 mi-3
£97503/240.52 mi-3
£85002/240.54 mi-3
£1,10001/250.54 mi-3
£90010/240.55 mi-3
£85004/240.55 miWaresley Crescent, Liverpool3
£89505/240.55 miWaresley Crescent, Liverpool3
£86008/240.56 miStanley Park Avenue North, L43
£90006/240.56 miStanley Park Avenue North, L43
£87505/240.57 miRanworth Square, Liverpool, L113
£1,00003/250.58 mi-3
£70012/240.58 mi-3
£1,00007/240.61 miDrummond Road, L43
£1,00007/240.61 miDrummond Road, L43

Local Area Statistics

Population in L11

25,335

Population in Liverpool

675,519

Town centre distance

1.73 miles away

Nearest school

0.10 miles away

Nearest train station

1.21 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £120,000

January 30, 2025

Floor Plans

Description

  • End Terrace Family Home +
  • Viewing Is Highly Recommended +
  • Driveway Parking +
  • Private Rear Garden +
  • Three Bedrooms & Family Bathroom +
  • Living Room & Kitchen +
  • Ideal First Time Buy +
  • In Need Of Some Updating +

The Property
This end-terrace family home, located on a popular residential street, offers great potential for buyers looking to put their own stamp on a property. While the home is in need of some updating, it provides a solid foundation with spacious living areas and a well-proportioned layout.

The ground floor features a welcoming hallway, leading into a generously sized living room – a perfect space for relaxing or family gatherings. To the rear, the fitted kitchen provides ample room for a dining area and overlooks the private garden.

Upstairs, the property comprises three good-sized bedrooms, all offering flexibility for various needs, and a family bathroom. The space throughout the property is light and airy, providing an excellent canvas for those looking to modernize and enhance its potential.

Externally, the property benefits from a driveway to the front, offering off-road parking, while the private rear garden provides a peaceful space for outdoor activities or future landscaping.

Situated in a well-established area, the property is close to local amenities, schools, and transport links, making it ideal for families or first-time buyers. With some modernizing, this home could become a fantastic long-term family residence or an investment opportunity. Early viewing is highly recommended to fully appreciate the potential on offer.

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 💪