2 Bed Terraced House, Refurb/BRRR, Liverpool, L15 4HP, £110,000

Mindale Road, Liverpool, Merseyside, L15 4HP - 2 months ago

Sold STC
Refurb/BRRR
ROI: 6%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£50K - £210K
Sold Prices/m²£769/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£89,953

 

 

End Value (After Refurb)

£109,581

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£28,709

Bridging Loan Interest

£2,888

Total Cash In

£65,347

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£109,581

Mortgage (After Refinance)

£82,186

Mortgage LTV

75%

Cash Left In

£65,347

Equity

£27,395

Rent Range

£650 - £1,500

Rent Estimate

£868

Running Costs/mo

£536

Cashflow/mo

£332

Cashflow/yr

£3,983

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £50K to £210K, average is £88.3K. £769/m² to £3.5K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£125K05/230 mi36, Mindale Road, Wavertree, Liverpool, Merseyside L15 4HP2
£92K11/200 mi5, Mindale Road, Wavertree, Liverpool, Merseyside L15 4HP2
£92.5K10/200 mi43, Mindale Road, Wavertree, Liverpool, Merseyside L15 4HP2
£67K12/200.05 mi51, Sunningdale Road, Liverpool, Merseyside L15 4HJ2
£130K10/210.06 mi42, Rathbone Road, Wavertree, Liverpool, Merseyside L15 4HQ2
£95K11/200.07 mi49, Long Lane, Wavertree, Liverpool, Merseyside L15 4HE2
£105K06/230.08 mi68, Stevenson Street, Liverpool, Merseyside L15 4HB2
£95K04/210.08 mi28, Stevenson Street, Wavertree, Liverpool, Merseyside L15 4HB2
£105K05/230.08 mi48, Stevenson Street, Liverpool, Merseyside L15 4HB2
£123K12/220.09 mi59, Stevenson Street, Liverpool, Merseyside L15 4HA2
£79K01/230.14 mi27, Olton Street, Liverpool, Merseyside L15 4NE2
£82.5K09/210.14 mi12, Somerton Street, Liverpool, Merseyside L15 4NF2
£72.5K11/200.14 mi19, Somerton Street, Liverpool, Merseyside L15 4NF2
£138K07/230.2 mi58, Tiverton Street, Wavertree, Liverpool, Merseyside L15 4LS2
£170K07/220.22 mi53, Sandown Road, Wavertree, Liverpool, Merseyside L15 4JA2
£73K05/210.23 mi22, Goswell Street, Liverpool, Merseyside L15 4JU2
£85K02/230.24 mi5, Colville Street, Wavertree, Liverpool, Merseyside L15 4JX2
£161K06/210.29 mi17, Sherwell Close, Liverpool, Merseyside L15 8NB2
£165K06/210.29 mi8, Sherwell Close, Liverpool, Merseyside L15 8NB2
£63K02/210.3 mi6, Fairbank Street, Liverpool, Merseyside L15 4JQ2
£65K02/210.3 mi14, Fairbank Street, Liverpool, Merseyside L15 4JQ2
£111.1K02/210.32 mi19, Frederick Grove, Liverpool, Merseyside L15 8HW2
£95.5K10/210.33 mi6, Bisley Street, Liverpool, Merseyside L15 4JP2
£63K11/200.33 mi8, Plumer Street, Liverpool, Merseyside L15 1EE2
£93K01/210.34 mi4, Albert Grove, Wavertree, Liverpool, Merseyside L15 8HR2
£70K10/210.35 mi83, Strathcona Road, Liverpool, Merseyside L15 1EB2
£76K03/230.35 mi51, Macdonald Street, Liverpool, Merseyside L15 1EJ2
£122K09/210.36 mi5, Mystery Close, Liverpool, Merseyside L15 0AB2
£85K02/210.36 mi10, Macdonald Street, Liverpool, Merseyside L15 1EL2
£75K03/230.36 mi42, Strathcona Road, Liverpool, Merseyside L15 1ED2
£60K11/200.36 mi34, Strathcona Road, Liverpool, Merseyside L15 1ED2
£65K05/210.39 mi110, Methuen Street, Liverpool, Merseyside L15 1EQ2
£185K04/230.4 mi9, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£210K09/210.4 mi11, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£184.2K05/210.4 mi13, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£75K01/210.4 mi72, Bishopgate Street, Liverpool, Merseyside L15 1EW2
£75K07/210.42 mi34, Sapphire Street, Liverpool, Merseyside L13 1DJ2
£117K05/230.42 mi153, Grosvenor Road, Wavertree, Liverpool, Merseyside L15 0EZ2
£108K12/210.43 mi36, Broadwood Street, Liverpool, Merseyside L15 1EH2
£66K03/210.43 mi100, Grosvenor Road, Wavertree, Liverpool, Merseyside L15 0HB2
£100K10/210.43 mi274, Binns Road, Liverpool, Merseyside L13 1BS2
£70K02/210.44 mi17, Pengwern Grove, Liverpool, Merseyside L15 1HJ2
£73K01/230.45 mi6, Bartlett Street, Liverpool, Merseyside L15 0HW2
£90K08/210.46 mi74, Bartlett Street, Liverpool, Merseyside L15 0HW2
£76K01/230.47 mi21, Runic Street, Liverpool, Merseyside L13 1BR2
£167K10/220.48 mi42, Hollins Close, Liverpool, Merseyside L15 8AN2
£50K04/230.48 mi28, Oceanic Road, Liverpool, Merseyside L13 1BP2
£73K12/200.48 mi6, Oceanic Road, Liverpool, Merseyside L13 1BP2
£80K04/210.48 mi40, Banner Street, Liverpool, Merseyside L15 0HQ2
£86.5K06/210.48 mi42, Banner Street, Liverpool, Merseyside L15 0HQ2

Local Rents

50 rents from £650/mo to £1.5K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£80002/240.05 mi-2
£75005/240.12 miOlton Street, Liverpool, Merseyside, L152
£72505/240.12 miRushbury Court, Liverpool2
£80012/240.12 mi-2
£72504/240.14 miSomerton Street, Wavetree2
£79503/240.14 miOlton Street,Edge Hill,Liverpool,L152
£79505/240.14 miOlton Street, Liverpool, Merseyside, L152
£75005/240.15 miSandown Road, Wavertree, L152
£80003/240.15 miColinton Street, Wavertree, L152
£70006/240.16 miSandown Lane, Liverpool2
£75005/240.16 miPicton Road, Wavertree2
£65004/240.17 miPicton Road, Wavertree, Liverpool L15 4LF2
£85002/240.18 mi-2
£80004/240.18 mi-2
£80003/250.18 mi-2
£75004/240.2 mi-2
£70005/240.22 miSandown Road, Wavertree L152
£87502/240.23 mi-2
£85001/250.23 mi-2
£80003/250.23 mi-2
£87504/240.23 miWincanton Street, Liverpool2
£70004/240.23 miGoswell Street, L152
£67506/240.23 miColville Street, Liverpool, Merseyside, L152
£95005/240.24 miGoswell Street, Liverpool2
£1,30005/240.24 miGoswell Street, Liverpool, Merseyside, L152
£70005/240.24 miGoswell Street, Wavertree, Liverpool, L15 2
£1,10005/240.24 miGoswell Street, Liverpool, Merseyside, L152
£1,30005/240.28 miGrove Manor, L15 8HS ***AVAILABLE WITH ZERO DEPOSIT***2
£70004/240.28 mi-2
£72505/240.29 miStrathcona Road, LIVERPOOL2
£72504/240.3 miFairbank Street, Wavertree, Liverpool, L152
£85003/250.3 mi-2
£90003/250.32 mi-2
£65005/240.32 miMethuen Street Wavertree Liverpool L15 1EG2
£89012/240.33 mi-2
£70005/240.33 miMethuen Street, Liverpool2
£99503/250.34 mi-2
£1,50006/240.35 mi-2
£1,50003/250.35 mi-2
£77504/240.35 miPlumer Street, Wavertree, L152
£85012/240.35 mi-2
£85009/240.35 mi-2
£92504/240.36 mi-2
£79002/250.37 mi-2
£65012/240.38 mi-2
£75003/250.39 mi-2
£82506/240.4 miStrathcona Road, Wavertree, L15 1ED2
£75003/250.4 mi-2
£75005/240.4 miBishopgate Street, LIVERPOOL2
£1,26004/240.4 mi-2

Local Area Statistics

Population in L15

30,017

Population in Liverpool

675,519

Town centre distance

4.50 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £110,000

January 31, 2025

Floor Plans

Description

  • No Chain +
  • Two Bedrooms +
  • Excellent Transport Links +

This charming 2-bedroom terrace house on Mindale Road L15 offers a fantastic opportunity for buyers looking to put their personal stamp on a property. While the home would benefit from some updating, it presents great potential to create a modern and stylish living space in a popular and well-connected area.
The property features a spacious living room with plenty of natural light and a great sense of space. The kitchen, though in need of updating, provides a solid foundation for a reimagined cooking area. Upstairs, you’ll find two well-proportioned bedrooms. The master bedroom is a generous size, while the second bedroom is a good-sized double.The bathroom is situated off the second bedroom. Outside, the property benefits from a small yard to the rear, ideal for outdoor relaxation or as a low-maintenance space to enjoy the warmer months.
Mindale Road is conveniently located close to local amenities, schools, parks, and public transport links, offering easy access to the city centre and surrounding areas.

This property offers excellent potential for renovation, whether you’re a first-time buyer looking to create your dream home or an investor seeking a project with great return potential.
Call today to arrange a viewing and see the opportunity for yourself!

Agent Details

Entwistle Green, Allerton

0151 453 3741

Next Steps?

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