3 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L16 2ND, £275,000

Court Hey Drive, Liverpool, Merseyside, L16 2ND - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£151.5K - £350K
Sold Prices/m²£1.5K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£213,870

 

 

End Value (After Refurb)

£257,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£39,200

Bridging Loan Interest

£7,219

Total Cash In

£127,619

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£257,500

Mortgage (After Refinance)

£193,125

Mortgage LTV

75%

Cash Left In

£127,619

Equity

£64,375

Rent Range

£900 - £1,600

Rent Estimate

£1,240

Running Costs/mo

£1,073

Cashflow/mo

£167

Cashflow/yr

£2,008

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £151.5K to £350K, average is £230K. £1.5K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£295K10/200.06 mi5, Court Hey Road, Liverpool, Merseyside L16 2LY3
£325.5K09/210.06 mi78, Court Hey Road, Liverpool, Merseyside L16 2LZ3
£250K12/200.07 mi73, Court Hey Drive, Liverpool, Merseyside L16 2NB3
£250K02/220.13 mi34, Grangewood, Liverpool, Merseyside L16 3GB3
£292K03/230.13 mi27, Grangewood, Liverpool, Merseyside L16 3GB3
£275K06/210.13 mi22, Grangewood, Liverpool, Merseyside L16 3GB3
£220K04/210.13 mi30, Grangewood, Liverpool, Merseyside L16 3GB3
£240K01/210.13 mi35, Grangewood, Liverpool, Merseyside L16 3GB3
£197.5K06/210.16 mi1, Rimmer Avenue, Liverpool, Merseyside L16 2NE3
£350K11/220.17 mi53, Rimmer Avenue, Liverpool, Merseyside L16 2NE3
£300K03/230.18 mi17, High Beeches, Liverpool, Merseyside L16 3GA3
£165K12/200.18 mi17, Malvern Avenue, Liverpool, Merseyside L14 6TR3
£207.5K11/220.19 mi35, Malvern Avenue, Liverpool, Merseyside L14 6TR3
£268K10/220.2 mi12, Buttermere Road, Huyton, Liverpool, Merseyside L16 2NN3
£180K07/210.21 mi75, Thornton Road, Liverpool, Merseyside L16 2LP3
£200K06/210.21 mi79, Thornton Road, Liverpool, Merseyside L16 2LP3
£181K09/220.21 mi17, Molesworth Grove, Liverpool, Merseyside L16 3NB3
£235K11/200.21 mi21, Bowring Park Avenue, Liverpool, Merseyside L16 2NH3
£230K10/200.21 mi72, Bowring Park Avenue, Liverpool, Merseyside L16 2NJ3
£208K11/200.21 mi8, Bowring Park Avenue, Liverpool, Merseyside L16 2NJ3
£255K02/210.21 mi80, Bowring Park Avenue, Liverpool, Merseyside L16 2NJ3
£152.5K11/200.21 mi22, Molesworth Grove, Liverpool, Merseyside L16 3NB3
£160K10/200.21 mi21, Molesworth Grove, Liverpool, Merseyside L16 3NB3
£183.2K08/210.23 mi23, Hilary Avenue, Liverpool, Merseyside L14 6TJ3
£270K07/230.25 mi64, Thornton Road, Liverpool, Merseyside L16 2LS3
£292K11/200.25 mi28, Buttermere Road, Liverpool, Merseyside L16 2NN3
£240K10/200.25 mi18, Buttermere Road, Liverpool, Merseyside L16 2NN3
£287.5K10/200.25 mi48, Rimmer Avenue, Liverpool, Merseyside L16 2NQ3
£325K04/230.25 mi56, Rimmer Avenue, Liverpool, Merseyside L16 2NQ3
£230K08/210.25 mi35, Eastham Close, Liverpool, Merseyside L16 2LT3
£230K08/210.25 mi35, Eastham Close, Liverpool, Merseyside L16 2LT3
£157.5K09/210.25 mi4, Hilary Avenue, Liverpool, Merseyside L14 6TN3
£190K06/210.26 mi57, Hilary Avenue, Liverpool, Merseyside L14 6TL3
£235K03/220.26 mi101, Thornton Road, Liverpool, Merseyside L16 2LR3
£240K09/210.26 mi101, Rimmer Avenue, Liverpool, Merseyside L16 2NF3
£235K03/230.26 mi63, Willingdon Road, Liverpool, Merseyside L16 3NE3
£300K06/230.26 mi10, Court Hey Avenue, Liverpool, Merseyside L36 4JB3
£155K05/210.27 mi3, Wyndham Avenue, Liverpool, Merseyside L14 6TD3
£169.9K03/210.27 mi21, Wyndham Avenue, Liverpool, Merseyside L14 6TD3
£170K07/210.27 mi25, Malvern Crescent, Liverpool, Merseyside L14 6TP3
£160K11/200.27 mi21, Malvern Crescent, Liverpool, Merseyside L14 6TP3
£225K03/230.28 mi15, Malvern Crescent, Liverpool, Merseyside L14 6TP3
£265K09/220.28 mi16, Willingdon Road, Liverpool, Merseyside L16 3NF3
£230K09/220.28 mi32, Willingdon Road, Liverpool, Merseyside L16 3NF3
£205K02/210.28 mi22, Willingdon Road, Liverpool, Merseyside L16 3NF3
£170K01/210.28 mi38, Willingdon Road, Liverpool, Merseyside L16 3NF3
£215K03/210.28 mi21, Eastham Close, Liverpool, Merseyside L16 2LT3
£212K01/230.29 mi127, Hilary Avenue, Liverpool, Merseyside L14 6UP3
£280K10/200.29 mi97, Rimmer Avenue, Liverpool, Merseyside L16 2NF3
£151.5K01/210.29 mi18, Ringwood Avenue, Liverpool, Merseyside L14 6TH3

Local Rents

23 rents from £900/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30012/230.08 mi-3
£1,05001/250.16 mi-3
£1,50005/240.17 mi-3
£1,50005/240.17 miRimmer Avenue, Liverpool, L163
£1,50005/240.17 miRimmer Avenue, Liverpool, L163
£1,20011/240.25 mi-3
£1,10009/230.26 mi-3
£1,25005/240.29 mi-3
£1,25005/240.29 miMalvern Crescent, Liverpool, L143
£1,05011/240.33 mi-3
£90012/240.34 miHilary Avenue L143
£1,30005/240.44 miPilch Lane, L36 4NP3
£1,30005/240.44 miPilch Lane East, L363
£1,30005/240.44 miPilch Lane East, L363
£1,40005/240.45 miManvers Road, LIVERPOOL3
£1,20005/240.47 miWalsingham Road, L163
£1,15005/240.49 miGlenconner Road, L163
£1,30005/240.53 miWalsingham Road, L163
£1,10001/240.56 mi-3
£1,15003/250.56 mi-3
£97512/240.58 mi-3
£1,60012/240.61 mi-3
£1,15003/250.61 mi-3

Local Area Statistics

Population in L16

15,039

Population in Liverpool

675,519

Town centre distance

5.49 miles away

Nearest school

0.20 miles away

Nearest train station

0.72 miles away

 

 

Rental growth (12m)

+83%

Sales demand

Buyer's market

Capital growth (5yrs)

+29%

Property History

Listed for £275,000

January 31, 2025

Floor Plans

Description

  • No Onward Chain +
  • Recently Fitted Kitchen +
  • Three Double Bedrooms +
  • Sought-After L16 Location +

No Onward Chain

This expansive and spacious property occupies a prominent position to the entrance of Court Hey Drive, offering mountains of potential for a new owner with integral garage and conservatory to the rear.

The home comprises; enclosed entrance porch leading to hallway, a large front living room, separate dining room to the rear, a recently fitted modern kitchen with access to conservatory & integral garage.

To the first floor, three great-sized double bedrooms, the smaller with fitted wardrobes, to the rear a separate water closet and bathroom with two piece suite.

Externally, there is a gated driveway to the front of the home with small lawned area and to the rear which can be accessed both from the dining room & conservatory, has potential to extend further plus side access to the front of the home.

The property is in need of modernising, but has been well maintained.

Court Hey Road is a popular location, being within easy reach of local schools and parks, not to mention the excellent transport links and local amenities.

The property benefits from Gas central heating, double glazing throughout and major benefit of no onward chain.

EPC Grade - TBC
Council Tax band - C

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIV240794/2

Agent Details

Reeds Rains, West Derby

0151 453 2276

Next Steps?

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