3 Bed Semi-Detached House, Refurb/BRRR, Prescot, L34 1LD, £184,000

11 NORRIS ROAD, PRESCOT, MERSEYSIDE, L34 1LD - 3 views - 2 months ago

Refurb/BRRR
ROI: 2%
89 m²
+11 photos

ValuationOvervalued

Sold Prices£71K - £380K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

89 m²
Price/m²£2.1K/m²

Value Estimate

£162,701

 

 

End Value (After Refurb)

£182,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£46,000

Stamp Duty & Legal Fees

£6,720

Refurb Costs

£37,514

Bridging Loan Interest

£4,830

Total Cash In

£96,814

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£182,000

Mortgage (After Refinance)

£136,500

Mortgage LTV

75%

Cash Left In

£96,814

Equity

£45,500

Rent Range

£800 - £1,250

Rent Estimate

£952

Running Costs/mo

£779

Cashflow/mo

£173

Cashflow/yr

£2,074

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £71K to £380K, average is £162.5K. £1K/m² to £3.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£227.5K02/230.01 mi12, Norris Road, Prescot, Merseyside L34 1LD3
£248K01/230.02 mi27, Manchester Road, Prescot, Merseyside L34 1NF3
£177K04/210.07 mi60, Manchester Road, Prescot, Merseyside L34 1NQ3
£165K06/230.07 mi62, Manchester Road, Prescot, Merseyside L34 1NQ3
£172.5K11/220.09 mi30, South Avenue, Prescot, Merseyside L34 1LY3
£220K05/230.1 mi20, South Avenue, Prescot, Merseyside L34 1LY3
£167K12/200.11 mi40, Wood Lane, Prescot, Merseyside L34 1LW3
£171K09/220.13 mi96, Manchester Road, Prescot, Merseyside L34 1NQ3
£190K04/210.15 mi14, Mitchell Road, Prescot, Merseyside L34 1LJ3
£220K09/230.15 mi9, Mitchell Road, Prescot, Merseyside L34 1LJ3
£170K07/210.16 mi100, South Avenue, Prescot, Merseyside L34 1LZ3
£182.5K09/210.17 mi3, Beesley Road, Prescot, Merseyside L34 1LL3
£220K05/230.18 mi15, Liverpool Road, Prescot, Merseyside L34 1LP3
£286K01/210.18 mi1, Liverpool Road, Prescot, Merseyside L34 1LP3
£269K05/240.2 mi15, Stanley Crescent, Prescot, Merseyside L34 3LP3
£128K08/230.29 mi47, Kemble Street, Prescot, Merseyside L34 5SE3
£225K01/240.31 mi4, Chorley Road, Prescot, Merseyside L34 1NT3
£225K04/210.32 mi22, Park Road, Prescot, Merseyside L34 3LR3
£222K05/210.32 mi20, Park Road, Prescot, Merseyside L34 3LR3
£140K07/210.34 mi96, Speakman Way, Prescot, Merseyside L34 5ND3
£190K10/230.34 mi96, Speakman Way, Prescot, Merseyside L34 5ND3
£180K10/230.34 mi31, Speakman Way, Prescot, Merseyside L34 5ND3
£148K06/210.34 mi14, Speakman Way, Prescot, Merseyside L34 5ND3
£192K12/220.34 mi86, Speakman Way, Prescot, Merseyside L34 5ND3
£380K06/210.35 mi25, Huyton Lane, Prescot, Merseyside L34 1NS3
£160K06/230.41 mi15, Kenneth Close, Prescot, Merseyside L34 5NH3
£182K10/230.42 mi21, Warrington Road, Prescot, Merseyside L34 5QX3
£117K02/210.47 mi22, Steley Way, Prescot, Merseyside L34 5NU3
£100K04/210.48 mi25, Queens Road, Prescot, Merseyside L34 6JA3
£130K01/240.48 mi23, Queens Road, Prescot, Merseyside L34 6JA3
£142K11/210.49 mi6, Tinling Close, Prescot, Merseyside L34 2UQ3
£71K04/210.5 mi32, Columbia Road, Prescot, Merseyside L34 2SB3
£90K08/210.52 mi20, Cross Street, Prescot, Merseyside L34 6JG3
£104K04/210.52 mi28, Cross Street, Prescot, Merseyside L34 6JG3
£115K03/210.55 mi22, Gregson Road, Prescot, Merseyside L35 5DL3
£179K01/230.57 mi38, Marlborough Road, Prescot, Merseyside L34 6LE3
£127.5K08/230.57 mi15, Shaw Lane, Prescot, Merseyside L35 5BR3
£135K11/230.58 mi81, Hayes Avenue, Prescot, Merseyside L35 5BH3
£110K12/200.58 mi164, Thomas Drive, Prescot, Merseyside L35 5EQ3
£103K05/210.58 mi174, Thomas Drive, Prescot, Merseyside L35 5EQ3
£295K12/220.59 mi10, Marlborough Road, Prescot, Merseyside L34 6LE3
£115K07/210.59 mi26, Holden Road, Prescot, Merseyside L35 5EW3
£95K07/210.59 mi11, Molyneux Close, Prescot, Merseyside L35 5DZ3
£150K03/230.59 mi9, Molyneux Close, Prescot, Merseyside L35 5DZ3
£128K12/200.59 mi14, Hayes Avenue, Prescot, Merseyside L35 5BJ3
£140K03/210.6 mi28, Mines Avenue, Prescot, Merseyside L34 2TD3
£115K04/210.62 mi61, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£150K08/220.62 mi59, Scotchbarn Lane, Prescot, Merseyside L34 2TG3
£124.2K11/210.62 mi31, Bretherton Road, Prescot, Merseyside L34 2TB3
£105K11/230.63 mi58, Dennett Road, Prescot, Merseyside L35 5EZ3

Local Rents

17 rents from £800/mo to £1.3K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,10012/240.02 miManchester Road, Prescot, L343
£90005/240.08 miCentral Avenue, Prescot, L343
£90004/240.09 miManchester Road, Prescot3
£90004/240.25 mi31 Egerton Road, Prescot3
£1,12504/240.34 miPrescot Park, Prescot, L343
£1,10012/240.34 mi-3
£1,10012/240.34 mi-3
£85012/240.4 mi-3
£85002/250.4 mi-3
£85002/250.4 mi-3
£95012/240.42 miStation Road Boulevard, Prescot, L343
£90001/250.43 mi-3
£90003/250.43 mi-3
£1,25012/240.45 miLayton Way, Prescot, L343
£85003/250.52 mi-3
£80004/240.52 miCross Street, Prescot, Merseyside, L343
£87503/250.53 mi-3

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.19 miles away

Nearest school

0.40 miles away

Nearest train station

0.48 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £184,000

February 4, 2025

Floor Plans

Description

  • Three bedroom semi detached property +
  • Situated in a lovely position in a quiet cul de sac +
  • Entrance hall, lounge and sitting room +
  • Kitchen and family bathroom +
  • Large garden to the side and rear +
  • Driveway for off road parking +
  • Close to shops, schools and transport routes +
  • In need of some cosmetic upgrading +

Three bedroom semi detached property situated in a sought after location in a quiet cul de sac. Not overlooked at the rear with a large garden. In need of some cosmetic upgrading but with the potential to make a lovely family home. EPC GRADE: D

Entrance Porch - UPVC double glazed units and UPVC part glazed door.

Entrance Hall - UPVC double glazed window to the side aspect. Parquet flooring. Central heating radiator. Stairs to the first floor accommodation.

Lounge - 4.65m x 3.58m ( 15'3 x 11'9) - UPVC double glazed bay window to the front aspect. Parquet flooring. Inset electric fire with a tiled hearth. Picture rail. Coved ceiling.

Sitting/Dining Room - 3.81m x 3.28m (12'6 x 10'9) - UPVC double glazed window to the rear aspect. Inset fire. Laminate wood effect flooring. Central heating radiator. Storage built into the alcoves. Picture rail. Coved ceiling.

Kitchen - 3.28m x 2.84m ( 10'9 x 9'4) - UPVC double glazed window to the rear aspect. Ceramic tiled flooring. Fitted with a range of wall and base units comprising of cupboards, drawers and work surfaces and incorporating a 1 1/2 bowl sinkunit with mixer tap. Tiled splashbacks. Central heating radiator. UPVC door to the side.

Landing - UPVC double glazed window to the side aspect. Doors to all rooms

Bedroom One - 3.89m x 3.20m ( 12'9 x 10'6) - UPVC double glazed window to the front aspect. Central heating radiator. Fitted wardrobes and overhead units.

Bedroom Two - 2.97m x 2.95m ( 9'9 x 9'8) - UPVC double glazed window to the rear aspect. Fitted wardrobes. Picture rail.

Bedroom Three - 1.93m x 1.83m (6'4 x 6'0) - UPVC double glazed window to the side aspect. Central heating radiator. Overhead units.

Bathroom - UPVC double glazed window to the rear aspect. Fitted with a three piece suite comprising of a bath, a pedestal wash hand basin and a low level wc. Central heating radiator. Built in storage cupboard.

External - At the side and rear of the property are good sized lawns with shrub displays. Not overlooked at the rear. Garden shed. Hot and cold taps. Gate to the front.
At the front is a driveway for off road parking

Agent Details

Brooks Estate and Letting Agents Ltd, Prescot

0151 453 2142

Next Steps?

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