3 Bed Terraced House, Refurb/BRRR, Liverpool, L5 6QS, £85,000

Rydal Street, Liverpool, Merseyside, L5 6QS - 31 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 10%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£50K - £180K
Sold Prices/m²£467/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£914/m²

Value Estimate

£87,550
BMV3%

 

 

End Value (After Refurb)

£119,571

Uplift in Value

+41%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Refurb Costs

£39,324

Bridging Loan Interest

£2,231

Total Cash In

£68,305

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£119,571

Mortgage (After Refinance)

£89,679

Mortgage LTV

75%

Cash Released

£25,929

Cash Left In

£42,377

Equity

£29,893

Rent Range

£700 - £3,000

Rent Estimate

£1,172

Running Costs/mo

£628

Cashflow/mo

£544

Cashflow/yr

£6,527

ROI

10%

Gross Yield

17%

Local Sold Prices

50 sold prices from £50K to £180K, average is £119K. £467/m² to £2.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£84K03/210.03 mi28, Rydal Street, Liverpool, Merseyside L5 6QS3
£65K10/230.03 mi62, Ullswater Street, Liverpool, Merseyside L5 6QX3
£140K11/220.04 mi65, Ullswater Street, Liverpool, Merseyside L5 6QT3
£118K11/210.07 mi15, Teakwood Close, Liverpool, Merseyside L6 5LR3
£87K03/230.07 mi62, Coniston Street, Liverpool, Merseyside L5 6QZ3
£135K02/230.13 mi105, Thirlmere Road, Everton, Liverpool, Merseyside L5 6PW3
£70K11/200.13 mi22, Oakfield Road, Walton, Liverpool, Merseyside L4 2QF3
£90K02/240.15 mi144, Little Heyes Street, Liverpool, Merseyside L5 6SQ3
£117K02/210.15 mi2, Sprucewood Close, Liverpool, Merseyside L6 5LP3
£71K07/220.16 mi95, Little Heyes Street, Liverpool, Merseyside L5 6SF3
£125K10/220.17 mi118, Dacy Road, Liverpool, Merseyside L5 6SB3
£128K10/230.17 mi106, Dacy Road, Liverpool, Merseyside L5 6SB3
£103K03/210.17 mi120, Dacy Road, Liverpool, Merseyside L5 6SB3
£128K07/230.17 mi108, Dacy Road, Liverpool, Merseyside L5 6SB3
£55K03/210.19 mi81, Dacy Road, Liverpool, Merseyside L5 6RZ3
£82K12/220.2 mi14, Heyes Street, Liverpool, Merseyside L5 6SG3
£109K09/220.2 mi24, Heyes Street, Liverpool, Merseyside L5 6SG3
£120K07/210.2 mi49, Heyes Street, Liverpool, Merseyside L5 6SE3
£97.2K11/200.2 mi7, Heyes Street, Liverpool, Merseyside L5 6SE3
£132K02/210.22 mi15c, Oakfield, Anfield, Liverpool, Merseyside L4 2QH3
£110.3K05/210.22 mi79, Dacy Road, Liverpool, Merseyside L5 6RY3
£67K02/230.25 mi38, Westcott Road, Liverpool, Merseyside L4 2RF3
£116K01/230.26 mi26, Robarts Road, Liverpool, Merseyside L4 0TZ3
£50K11/200.26 mi28, Robarts Road, Liverpool, Merseyside L4 0TZ3
£157K04/230.27 mi11, Gwent Close, Liverpool, Merseyside L6 5JN3
£125K04/210.27 mi6, Gwent Close, Liverpool, Merseyside L6 5JN3
£180K09/230.27 mi31, Rishton Close, Liverpool, Merseyside L5 4TP3
£120K06/230.27 mi2, Pendennis Street, Liverpool, Merseyside L6 5AQ3
£104K01/210.27 mi40, Valley Road, Liverpool, Merseyside L4 0UD3
£125K04/210.28 mi6, Gwent Close, Liverpool, Merseyside L6 5JN3
£73K06/210.28 mi59, Pendennis Street, Liverpool, Merseyside L6 5AG3
£150K05/230.28 mi12, Hamilton Road, Liverpool, Merseyside L5 4RT3
£84K01/210.29 mi7, Dinorwic Road, Liverpool, Merseyside L4 0UB3
£120K04/230.3 mi6, White Rock Street, Liverpool, Merseyside L6 5HT3
£162K07/220.3 mi1, Waterhouse Close, Liverpool, Merseyside L6 5LH3
£140K11/220.34 mi70, Queens Road, Everton, Liverpool, Merseyside L6 2NG3
£116K04/230.34 mi33, Richmond Park, Liverpool, Merseyside L6 5AA3
£165K12/210.35 mi45, Harrogate Drive, Liverpool, Merseyside L5 4TE3
£155K04/230.35 mi34, Harrogate Drive, Liverpool, Merseyside L5 4TE3
£120K05/230.35 mi28, Richmond Park, Liverpool, Merseyside L6 5AD3
£137K03/210.36 mi15, Lance Close, Liverpool, Merseyside L5 4TG3
£145K10/220.36 mi12, Douglas Road, Liverpool, Merseyside L4 2RQ3
£66K12/200.36 mi12, Letchworth Street, Liverpool, Merseyside L6 5AJ3
£125K12/220.37 mi5, Redcar Mews, Liverpool, Merseyside L6 0DE3
£110K02/210.37 mi6, Gertrude Road, Anfield, Liverpool, Merseyside L4 0TA3
£120K06/230.38 mi14, Miriam Road, Liverpool, Merseyside L4 0TB3
£85K08/210.39 mi3, Aubrey Court, Liverpool, Merseyside L6 2JA3
£131.8K04/230.39 mi5, Aubrey Court, Liverpool, Merseyside L6 2JA3
£93.4K10/210.39 mi54, Douglas Road, Liverpool, Merseyside L4 2RQ3
£150K08/210.39 mi16, Douglas Road, Liverpool, Merseyside L4 2RQ3

Local Rents

51 rents from £700/mo to £3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,20012/240.04 mi-3
£1,20012/240.04 mi-3
£70006/240.05 mi-3
£75004/240.07 miConiston Street, Liverpool, Merseyside, L53
£75003/250.07 mi-3
£80005/240.13 miRydal Street, Liverpool, Merseyside, L53
£80005/240.13 miRydal Street, Liverpool, Merseyside, L53
£78001/250.13 mi-3
£80006/240.19 miDacy Road, Everton, Liverpool, L53
£2,17003/250.19 mi-3
£80004/240.19 mi-3
£1,25001/250.2 mi-3
£90005/240.2 mi-3
£90002/250.23 mi-3
£82508/240.24 mi-3
£2,03012/240.25 mi-3
£95003/250.26 mi-3
£1,05005/240.27 miGwent Close, Liverpool, Merseyside, L6 5JN3
£1,09503/250.27 mi-3
£1,10009/240.27 mi-3
£82506/240.27 miRobarts Road, Anfield, L43
£1,30007/240.27 miRobarts Road, Walton, L4 0TY3
£1,50012/240.29 mi-3
£1,10005/240.31 mi-3
£87511/240.31 mi-3
£87501/250.31 mi-3
£1,10012/240.33 mi-3
£97505/240.33 mi-3
£1,45011/240.34 mi-3
£95012/240.34 mi-3
£95012/240.34 mi-3
£95012/240.34 mi-3
£85006/240.35 miAnfield Road, Liverpool, L43
£85006/240.35 mi-3
£1,05010/240.36 mi-3
£85009/240.37 mi-3
£1,05009/240.37 miGertrude Road, Liverpool3
£85005/240.38 miWolverton Street, L63
£3,00004/240.38 mi-3
£3,00011/240.38 mi-3
£3,00012/240.38 mi-3
£3,00001/250.38 mi-3
£3,00003/250.38 mi-3
£95003/250.38 mi-3
£1,30001/240.39 mi-3
£85007/240.39 miEdith Road, Liverpool, L43
£85008/240.39 miEdith Road, Liverpool, L43
£85009/240.4 miClovelly Road, Anfield, Liverpool, Merseyside, L4 2SB3
£1,10005/240.4 miHartnup Street, The Parks, Anfield, Liverpool, L53
£85008/240.4 miEdith Road, Liverpool, L43
£1,40003/250.4 mi-3

Local Area Statistics

Population in L5

12,865

Population in Liverpool

675,519

Town centre distance

2.54 miles away

Nearest school

0.30 miles away

Nearest train station

1.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+56%

Sales demand

Buyer's market

Capital growth (5yrs)

+16%

Property History

Listed for £85,000

February 7, 2025

Description

This terraced house is now on the market and presents an opportunity for those looking for a property that needs renovation. It has a lot of potential to be a fantastic family home with a bit of refurbishment.

The property offers a generous layout with two spacious reception rooms, ideal for both relaxation and entertaining. The kitchen is in need of updating, but with the right touch, it could become the heart of the home where daily meals and special occasions are celebrated.

Upstairs, you will find three bedrooms that offer plenty of space for a growing family or for setting up a home office. The house also features a single bathroom that, while functional, could benefit from modernisation.

The house is Energy Performance Certificate (EPC) rated C, indicating a reasonable level of energy efficiency. This could be improved upon with some updating and modernisation, potentially saving on energy costs in the long run.

Council tax for this property falls under Band A, which is the lowest band and thus the least expensive. This could make it an attractive prospect for first-time buyers or those looking to keep their outgoings to a minimum.

With the right renovation, this property could be transformed into a comfortable and appealing home. It presents an excellent opportunity for those with a vision to make it their own. Act fast, as properties like this don't stay on the market for long.

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.

LIV250004/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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