6 Bed HMO, Liverpool, L4 3RA, £160,000

Carisbrooke Road, Liverpool, Merseyside, L4 3RA - 57 views - 2 months ago

Sold STC
HMO
Refurb/BRRR
ROI: 10%
~186 m²
+3 photos

ValuationFair Value

Sold Prices£100K - £595K
Sold Prices/m²£476/m² - £2.9K/m²

 

 

Square Metres

~186 m²
Price/m²£860/m²

Value Estimate

£163,200

 

 

End Value (After Refurb)

£191,215

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Refurb Costs

£78,400

Bridging Loan Interest

£4,200

Total Cash In

£130,350

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£191,215

Mortgage (After Refinance)

£143,411

Mortgage LTV

75%

Cash Released

£23,411

Cash Left In

£106,939

Equity

£47,804

Room Rate

£481

Gross Rent

£2,886

Running Costs/mo

£1,822

Cashflow/mo

£1,064

Cashflow/yr

£12,765

ROI

10%

Gross Yield

22%

Local Sold Prices

23 sold prices from £100K to £595K, average is £265K. £476/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£190K04/230.63 mi4, Orwell Road, Liverpool, Merseyside L4 1RQ6
£210K02/210.7 mi54, Trinity Road, Bootle, Merseyside L20 3BB6
£251K03/211.07 mi74, Yew Tree Road, Walton, Liverpool, Merseyside L9 1AL6
£110K03/211.67 mi2, Ellel Grove, Liverpool, Merseyside L6 4AB6
£356K02/231.7 mi61, Alexandra Drive, Bootle, Merseyside L20 0EE6
£250K03/231.84 mi11, Sandringham Road, Tuebrook, Liverpool, Merseyside L13 8BX6
£162.5K02/211.89 mi103, Newsham Drive, Liverpool, Merseyside L6 7UH6
£275K10/211.93 mi24, Marlborough Road, Tuebrook, Liverpool, Merseyside L13 8AX6
£265K10/202.18 mi98, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RF6
£370K05/232.21 mi5, Balmoral Road, Fairfield, Liverpool, Merseyside L6 8NB6
£300K09/232.26 mi53, Hall Lane, Kensington, Liverpool, Merseyside L7 8TE6
£340K06/212.5 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£340K06/212.51 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£100K05/212.52 mi63, Lorne Street, Liverpool, Merseyside L7 0JP6
£235K01/232.63 mi35, Holland Road, Wallasey, Merseyside CH45 7RA6
£323K04/212.73 mi21, Dalton Road, Wallasey, Merseyside CH45 1HL6
£413K06/222.81 mi7, Penkett Road, Wallasey, Merseyside CH45 7QE6
£196K04/212.82 mi39, Grosvenor Road, Wallasey, Merseyside CH45 1JY6
£190K04/212.87 mi15a, Sandringham Road, Waterloo, Liverpool, Merseyside L22 1RW6
£170K11/202.87 mi40, Duke Street, Wallasey, Merseyside CH45 1JU6
£300K09/212.88 mi17, Osborne Avenue, Wallasey, Merseyside CH45 1JD6
£430K10/202.95 mi15, Waterloo Road, Waterloo, Liverpool, Merseyside L22 1RE6
£595K02/212.96 mi10, Alexandra Road, Waterloo, Liverpool, Merseyside L22 1RJ6

Local Area Statistics

Population in L4

39,911

Population in Liverpool

675,519

Town centre distance

1.29 miles away

Nearest school

0.10 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+55%

Property History

Listed for £160,000

February 7, 2025

Description

  • Investment opportunity +
  • Six Bedrooms +
  • Two bathrooms +
  • Cellar +
  • Arranged over three floors +

ATTENTION HMO AND BUY TO LET INVESTORS

This six bedroom end terrace in need of updating is brought to the market with bags of potential and the chance to convert in to a six bedroom HMO, the property has already been used as a HMO but the licence has expired and any new owner would be recommned to check that the a new license can be obtained.

Tenure: Freehold
Council tax band: A

Agent Details

Leaders Sales, Warrington

01925 361642

Next Steps?

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