2 Bed Terraced House, Refurb/BRRR, Liverpool, L18 1EB, £174,000

Russell Road, Mossley Hill, Liverpool, L18 1EB - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£63K - £295K
Sold Prices/m²£903/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£143,762

 

 

End Value (After Refurb)

£178,000

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,500

Stamp Duty & Legal Fees

£6,420

Refurb Costs

£28,800

Bridging Loan Interest

£4,568

Total Cash In

£85,038

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£178,000

Mortgage (After Refinance)

£133,500

Mortgage LTV

75%

Cash Released

£3,000

Cash Left In

£82,038

Equity

£44,500

Rent Range

£530 - £2,300

Rent Estimate

£1,059

Running Costs/mo

£788

Cashflow/mo

£271

Cashflow/yr

£3,251

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £63K to £295K, average is £186K. £903/m² to £3.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£225K07/230.06 mi65, Alverstone Road, Mossley Hill, Liverpool, Merseyside L18 1HB2
£211.5K11/200.09 mi20, Alverstone Road, Mossley Hill, Liverpool, Merseyside L18 1HD2
£192K10/200.09 mi44, Alverstone Road, Mossley Hill, Liverpool, Merseyside L18 1HD2
£220K02/230.1 mi4, Belhaven Road, Liverpool, Merseyside L18 1HH2
£234K03/230.1 mi14, Belhaven Road, Liverpool, Merseyside L18 1HH2
£186K12/200.1 mi3, Belhaven Road, Liverpool, Merseyside L18 1HH2
£186K12/200.1 mi3, Belhaven Road, Liverpool, Merseyside L18 1HH2
£215K12/200.1 mi14, Belhaven Road, Liverpool, Merseyside L18 1HH2
£228K07/230.1 mi1, Belhaven Road, Liverpool, Merseyside L18 1HH2
£186.5K03/210.11 mi21, Ingleton Road, Mossley Hill, Liverpool, Merseyside L18 1HJ2
£218K06/230.11 mi25, Ingleton Road, Mossley Hill, Liverpool, Merseyside L18 1HJ2
£170K11/200.11 mi25, Ingleton Road, Mossley Hill, Liverpool, Merseyside L18 1HJ2
£215K07/210.16 mi15, Briardale Road, Mossley Hill, Liverpool, Merseyside L18 1DA2
£209K05/230.18 mi30, Briardale Road, Liverpool, Merseyside L18 1DB2
£208K01/230.25 mi96, Briardale Road, Liverpool, Merseyside L18 1JS2
£195K06/210.26 mi30, Herondale Road, Liverpool, Merseyside L18 1LA2
£186K06/230.27 mi78, Briardale Road, Liverpool, Merseyside L18 1JS2
£180.8K08/210.34 mi11, Gorsebank Road, Liverpool, Merseyside L18 1HL2
£200K09/210.35 mi8, Truro Road, Liverpool, Merseyside L15 9HW2
£175K05/230.58 mi10, Gordon Place, Liverpool, Merseyside L18 5EF2
£195K12/220.59 mi4, Stanley Terrace, Liverpool, Merseyside L18 5EE2
£220K05/210.6 mi10, Rose Lane, Liverpool, Merseyside L18 5ED2
£215K10/200.6 mi8, Rose Lane, Liverpool, Merseyside L18 5ED2
£185K04/230.64 mi9, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£210K09/210.64 mi11, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£184.2K05/210.64 mi13, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£295K03/230.69 mi10, Pitville Avenue, Liverpool, Merseyside L18 7JG2
£115K06/210.71 mi16, Jamieson Road, Liverpool, Merseyside L15 3JD2
£130K11/200.71 mi21, Jamieson Road, Liverpool, Merseyside L15 3JD2
£130K01/210.71 mi25, Jamieson Road, Liverpool, Merseyside L15 3JD2
£122K02/210.71 mi12, Jamieson Road, Liverpool, Merseyside L15 3JD2
£112.5K12/210.74 mi32, Lawrence Grove, Liverpool, Merseyside L15 0EP2
£137K01/210.76 mi7, Wellington Avenue, Wavertree, Liverpool, Merseyside L15 0EH2
£95.5K10/210.77 mi6, Bisley Street, Liverpool, Merseyside L15 4JP2
£180K05/230.78 mi59, Briarwood Road, Liverpool, Merseyside L17 6DD2
£170K04/210.78 mi51, Briarwood Road, Mossley Hill, Liverpool, Merseyside L17 6DD2
£190K05/230.78 mi71, Briarwood Road, Liverpool, Merseyside L17 6DD2
£192.5K06/230.78 mi15, Briarwood Road, Liverpool, Merseyside L17 6DD2
£216.3K06/230.78 mi31, Briarwood Road, Liverpool, Merseyside L17 6DD2
£207K02/230.79 mi13, Briarwood Road, Liverpool, Merseyside L17 6DD2
£93K01/210.79 mi4, Albert Grove, Wavertree, Liverpool, Merseyside L15 8HR2
£210K04/230.79 mi10, Briarwood Road, Liverpool, Merseyside L17 6DH2
£63K02/210.8 mi6, Fairbank Street, Liverpool, Merseyside L15 4JQ2
£65K02/210.8 mi14, Fairbank Street, Liverpool, Merseyside L15 4JQ2
£111.1K02/210.8 mi19, Frederick Grove, Liverpool, Merseyside L15 8HW2
£175K10/200.8 mi8, Briarwood Road, Mossley Hill, Liverpool, Merseyside L17 6DH2
£120K02/230.81 mi99, Thornycroft Road, Liverpool, Merseyside L15 0EN2
£76K03/230.81 mi76, Bligh Street, Liverpool, Merseyside L15 0HF2
£120K02/210.82 mi57, Davenham Court, Liverpool, Merseyside L15 8GD2
£175K10/200.82 mi34, Hollywood Road, Liverpool, Merseyside L17 0DR2

Local Rents

50 rents from £530/mo to £2.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,25003/250.06 mi-2
£95012/240.06 mi-2
£70005/240.1 miBlenheim Road, Liverpool.2
£85005/240.1 mi1A Blenheim Road, Liverpool, Merseyside, L182
£77505/240.19 miOakdale Road, L182
£69505/240.28 mi1 Patterdale Road, Wavertree, Liverpool, L15 5AT2
£1,10003/250.31 mi-2
£1,25003/250.31 mi-2
£1,05004/240.33 miHallville Road, Mossley Hill, Liverpool, L182
£97508/240.34 mi-2
£99504/240.34 miHeathfield Road, L15 9EZ2
£97505/240.36 miPlattsville Road, Liverpool, Merseyside, L182
£80003/240.36 mi-2
£85012/240.38 mi-2
£87503/250.39 mi-2
£80004/240.4 miMayville Road, Allerton2
£80004/240.43 miLangdale Road, Liverpool - AVAILABLE JULY 20242
£85001/250.44 mi-2
£85002/250.45 mi-2
£95003/240.45 mi-2
£95003/240.45 mi-2
£53012/240.48 mi-2
£1,10005/240.49 mi-2
£1,10005/240.49 miLichfield Road, Wavertree, Liverpool, L152
£1,00006/240.5 mi-2
£1,00005/240.5 miElmsley Court, Liverpool, L182
£1,10005/240.5 miElmsley Court, Mossley Hill, L182
£89504/240.5 miElmsley Road, Mossley Hill, Liverpool, L18 8AY2
£89507/240.51 mi-2
£84512/240.51 mi-2
£89505/240.51 miElmsley Road, Liverpool, L182
£1,80006/240.52 miNorth Mossley Hill Road, Liverpool, Merseyside, L182
£2,30006/240.52 miNorth Mossley Hill Road, Liverpool, Merseyside, L182
£1,00007/240.52 mi-2
£1,50010/240.52 mi-2
£1,40011/230.53 mi-2
£1,60006/240.53 mi-2
£1,65010/240.53 mi-2
£1,60005/240.53 miErlscote, Liverpool, L182
£90006/240.54 miMerebank Tower, Liverpool, Merseyside, L172
£95008/240.54 miMerebank Tower, Greenbank Drive, Liverpool, L172
£95005/240.54 miMerebank Tower, Greenbank Drive, Liverpool, L172
£95007/240.54 miMerebank Tower, Greenbank Drive, Liverpool, L172
£95008/240.54 miMerebank Tower, Greenbank Drive, Liverpool, L172
£1,20008/240.54 miMere Bank, L17 1AE2
£95009/240.54 miMerebank Tower, Greenbank Drive, Liverpool, L172
£1,25003/250.54 mi-2
£1,50010/230.54 miAshbury Brook, Ibbotsons Lane, Liverpool, L172
£1,00005/240.55 miAllerton Road, Mossley Hill, L182
£82506/240.56 miTwo Bedroom Apartment, Ullet Road2

Local Area Statistics

Population in L18

26,898

Population in Liverpool

675,519

Town centre distance

5.43 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £174,000

February 17, 2025

Description

  • Mid Terraced Converted Into Two Flats +
  • Ground Floor Flat With Two Bedrooms +
  • First Floor Flat With Two Bedrooms +
  • Double Glazed Windows +
  • Gas Central Heating +
  • In Need Of Modernisation +
  • No Chain Delay +

NB. This property is exclusively available to OWNER OCCUPIERS for the first four weeks of marketing after which the property will additionally be marketed to PRIVATE LANDLORDS accredited by the relevant local authority or who are members of the National Landlords Association.

Sutton Kersh are advertising to the open market this mid terraced house converted into two flats. The property briefly comprises to the ground floor, shared secure entrance, flat one, inner hall, lounge, two bedrooms, kitchen and bathroom. To the second floor there is flat two with hallway, lounge, two bedrooms, kitchen and bathroom and to the outside there is a rear yard. The property further benefits from double glazed windows and gas central heating making this a great purchase offered with no chain delay. Call our local branch to gain more information.

Agent Details

Sutton Kersh, City Centre

0151 453 0671

Next Steps?

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