2 Bed Terraced House, Refurb/BRRR, Liverpool, L5 6QS, £65,000

Rydal Street, Liverpool, Merseyside, L5 6QS - 24 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 8%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£42.5K - £155K
Sold Prices/m²£549/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£954/m²

Value Estimate

£66,950
BMV3%

 

 

End Value (After Refurb)

£79,956

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,150

Refurb Costs

£28,800

Bridging Loan Interest

£1,706

Total Cash In

£51,656

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£79,956

Mortgage (After Refinance)

£59,967

Mortgage LTV

75%

Cash Released

£11,217

Cash Left In

£40,439

Equity

£19,989

Rent Range

£481 - £2,440

Rent Estimate

£770

Running Costs/mo

£424

Cashflow/mo

£346

Cashflow/yr

£4,154

ROI

8%

Gross Yield

14%

Local Sold Prices

50 sold prices from £42.5K to £155K, average is £76K. £549/m² to £3.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£70K10/210.01 mi16, Rydal Street, Liverpool, Merseyside L5 6QS2
£73K06/220.01 mi62, Rydal Street, Liverpool, Merseyside L5 6QS2
£62.5K12/220.03 mi36, Ullswater Street, Liverpool, Merseyside L5 6QX2
£81K01/210.04 mi59, Coniston Street, Liverpool, Merseyside L5 6QY2
£65K04/230.09 mi86, Rydal Street, Liverpool, Merseyside L5 6QR2
£77K03/230.09 mi97, Ullswater Street, Liverpool, Merseyside L5 6QU2
£96.5K03/240.12 mi142, Little Heyes Street, Liverpool, Merseyside L5 6SQ2
£45K01/210.12 mi146, Little Heyes Street, Liverpool, Merseyside L5 6SQ2
£70K10/230.12 mi39, Faraday Street, Liverpool, Merseyside L5 6PL2
£135K03/240.13 mi93, Little Heyes Street, Liverpool, Merseyside L5 6SF2
£55K12/200.13 mi93, Little Heyes Street, Liverpool, Merseyside L5 6SF2
£68K07/210.15 mi41, Handfield Street, Liverpool, Merseyside L5 6PE2
£72K11/230.16 mi87, Stockbridge Street, Liverpool, Merseyside L5 6PA2
£55K07/240.16 mi18, Stockbridge Street, Liverpool, Merseyside L5 6PB2
£140K04/220.17 mi36, Heyes Street, Liverpool, Merseyside L5 6SG2
£132K01/220.18 mi5, Tynemouth Close, Liverpool, Merseyside L5 4TW2
£155K04/240.18 mi3, Tynemouth Close, Liverpool, Merseyside L5 4TW2
£68.5K03/230.19 mi35, Bala Street, Liverpool, Merseyside L4 2QN2
£140K01/230.27 mi45, Halkyn Drive, Liverpool, Merseyside L5 4TJ2
£78.8K04/230.27 mi46, Newcombe Street, Liverpool, Merseyside L6 5AW2
£81K05/210.29 mi68, Pendennis Street, Liverpool, Merseyside L6 5AQ2
£118K05/210.29 mi17, Davy Street, Liverpool, Merseyside L5 1XP2
£50K02/210.3 mi46, Sedley Street, Liverpool, Merseyside L6 5AF2
£65K04/230.3 mi28, Sedley Street, Liverpool, Merseyside L6 5AF2
£89.7K11/210.31 mi81, Sedley Street, Liverpool, Merseyside L6 5AE2
£150K07/220.31 mi25, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£149.9K06/240.34 mi62, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£125K07/210.34 mi14, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£136K02/220.34 mi47, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£132K11/230.37 mi132, Hartnup Street, Liverpool, Merseyside L5 1UR2
£148K08/220.37 mi44, Landseer Road, Liverpool, Merseyside L5 4PN2
£65K03/210.39 mi6, Redcar Street, Liverpool, Merseyside L6 0AJ2
£69K03/210.39 mi21, Redcar Street, Liverpool, Merseyside L6 0AJ2
£42.5K03/210.39 mi2, Redcar Street, Liverpool, Merseyside L6 0AJ2
£65K01/230.39 mi20, Redcar Street, Liverpool, Merseyside L6 0AJ2
£65K02/210.39 mi4, Redcar Street, Liverpool, Merseyside L6 0AJ2
£68K02/210.42 mi31, Harrow Road, Liverpool, Merseyside L4 2TH2
£90K10/220.42 mi22, Mayfair Close, Anfield, Liverpool, Merseyside L6 5JS2
£148.5K03/230.43 mi28, Eastlake Avenue, Liverpool, Merseyside L5 4SX2
£134K02/230.43 mi14, Atwell Street, Liverpool, Merseyside L6 2BL2
£135K01/240.45 mi5, Wentworth Drive, Liverpool, Merseyside L5 4SY2
£70K02/230.47 mi29, Sunlight Street, Liverpool, Merseyside L6 4AG2
£92K06/230.48 mi46, Sunlight Street, Liverpool, Merseyside L6 4AQ2
£50K11/200.48 mi52, Sunlight Street, Liverpool, Merseyside L6 4AQ2
£70K07/230.51 mi49, Manningham Road, Liverpool, Merseyside L4 2UG2
£81.8K03/230.51 mi68, Holbeck Street, Anfield, Liverpool, Merseyside L4 2UT2
£75K01/230.51 mi48, Holbeck Street, Anfield, Liverpool, Merseyside L4 2UT2
£63.5K01/210.52 mi50, Dewsbury Road, Liverpool, Merseyside L4 2XG2
£51K11/210.52 mi31, Dewsbury Road, Liverpool, Merseyside L4 2XE2
£77.2K08/220.52 mi37, Dewsbury Road, Liverpool, Merseyside L4 2XE2

Local Rents

51 rents from £481/mo to £2.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£80012/240.1 mi-2
£77012/240.12 mi-2
£80006/240.13 miOakfield Road, Anfield, L4 2QF2
£75004/240.16 mi-2
£75002/250.18 mi-2
£65008/240.18 miStonehill Street, Anfield, Liverpool, L42
£79510/240.18 miStonehill Street, Anfield, Liverpool, Merseyside, L42
£70006/240.19 miStonehill Street, Liverpool, L42
£50304/240.19 miFlat 3, 67 St. Domingo Grove, Liverpool, Merseyside, L52
£48112/240.19 miSt. Domingo Grove, Liverpool, Merseyside, L52
£75009/240.19 mi-2
£70008/240.21 mi-2
£75008/240.22 mi-2
£75008/240.22 mi-2
£75007/240.22 miStonehill Street, Liverpool, L42
£75008/240.22 miStonehill Street, Liverpool, L42
£62502/240.23 mi-2
£62504/250.23 mi-2
£89505/240.26 miEsmond Street, Liverpool2
£85008/240.26 miAnfield, LIVERPOOL, L6 5AY2
£76008/240.28 mi-2
£76008/240.28 mi-2
£80005/240.3 miSedley Street, Tuebrook, L6 5AF2
£89501/250.3 mi-2
£62507/240.31 miSedley Street, Anfield2
£65002/240.32 mi-2
£60006/240.33 miLyon Road, Anfield, Liverpool2
£2,44008/240.36 mi-2
£1,06709/240.36 mi-2
£79512/240.36 mi-2
£80003/250.37 mi-2
£80001/250.37 mi-2
£65005/240.38 miDobson Street, Liverpool2
£69505/240.38 miHanwell Street, Tuebrook, L62
£80006/240.39 miHanwell Street, Liverpool2
£70007/240.39 miTwickenham Street, Liverpool. L62
£70008/240.39 miTwickenham Street, Liverpool, L62
£75012/240.4 mi-2
£75012/240.4 mi-2
£70004/250.41 mi-2
£67504/240.41 miHarrow Road, Liverpool, L42
£92512/240.41 mi-2
£67506/240.42 miHarrow Road, Liverpool2
£65007/240.42 miBelmont Grove, Liverpool, L6 4EU2
£90012/240.43 mi-2
£70004/240.44 miRedbourn Street, Liverpool2
£78004/250.45 mi-2
£82507/240.45 mi-2
£50305/240.47 miLysander Close, Liverpool, Merseyside, L62
£85007/240.47 miSunlight Street, L6 4AG2
£65004/240.48 miSunlight Street, Liverpool, L62

Local Area Statistics

Population in L5

12,865

Population in Liverpool

675,519

Town centre distance

2.51 miles away

Nearest school

0.30 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+56%

Sales demand

Buyer's market

Capital growth (5yrs)

+16%

Property History

Listed for £65,000

February 14, 2025

Description

  • Two Double Bedrooms +
  • Two Reception Rooms +
  • In Need of Works +
  • Chain Free Sale +

Presenting a traditional terraced house for sale, holding immense potential for those seeking a project. This house is in need of renovation, offering its new owners a unique chance to personalise and transform the property to their taste.

The property comprises two bedrooms, a single bathroom, two reception rooms and a kitchen. The two reception rooms offer spacious living and dining areas, while the kitchen has the potential to be turned into a remarkable culinary space. The two bedrooms present the opportunity for a comfortable family living or space for guests. The bathroom, like the rest of the property, is a blank canvas ready for you to add your personal touch.

The house is rated EPC 'F', indicating that it would benefit from energy efficiency improvements, which is something to consider during renovation. Despite this, the property falls within the 'A' council tax band, which is the lowest band and will thus have a lower tax rate.

This property offers a fantastic opportunity for renovation, allowing its new owners to create a home that is truly their own. It's a project that will require time, effort and vision, but the end result could be a stunning home tailored to your exact preferences. Please contact us for further details and to arrange a viewing of this promising property.

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.

LIV250006/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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