2 Bed Terraced House, Refurb/BRRR, Wallasey, CH44 5XQ, £134,995

Rullerton Road, Wallasey, CH44 5XQ - 2 views - 2 months ago

Refurb/BRRR
ROI: 4%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£55K - £295K
Sold Prices/m²£806/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£99,071

 

 

End Value (After Refurb)

£116,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,749

Stamp Duty & Legal Fees

£5,250

Refurb Costs

£28,714

Bridging Loan Interest

£3,544

Total Cash In

£73,006

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£116,250

Mortgage (After Refinance)

£87,188

Mortgage LTV

75%

Cash Left In

£73,006

Equity

£29,063

Rent Range

£525 - £1,950

Rent Estimate

£810

Running Costs/mo

£545

Cashflow/mo

£265

Cashflow/yr

£3,177

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £55K to £295K, average is £111K. £806/m² to £3.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£136.3K12/220.04 mi39, Liscard Grove, Wallasey, Merseyside CH44 5RA2
£100K12/200.04 mi31, Liscard Grove, Wallasey, Merseyside CH44 5RA2
£112K01/210.04 mi35, Liscard Grove, Wallasey, Merseyside CH44 5RA2
£98K11/200.06 mi26, Ashburton Road, Wallasey, Merseyside CH44 5XB2
£120K09/210.06 mi20, Cecil Road, Wallasey, Merseyside CH45 4NB2
£168K11/210.11 mi23, Eric Road, Wallasey, Merseyside CH44 5RG2
£113.5K12/220.15 mi39, Silverlea Avenue, Wallasey, Merseyside CH45 4QU2
£68K07/230.15 mi61, Silverlea Avenue, Wallasey, Merseyside CH45 4QU2
£122K12/200.15 mi7, Hartington Road, Wallasey, Merseyside CH44 5UJ2
£84.4K09/210.15 mi43, Silverlea Avenue, Wallasey, Merseyside CH45 4QU2
£85K03/230.16 mi18, Silverlea Avenue, Wallasey, Merseyside CH45 4QX2
£90K07/210.2 mi17, Fairview Avenue, Wallasey, Merseyside CH45 4RE2
£158.5K11/200.29 mi47, Station Road, Wallasey, Merseyside CH44 3AW2
£125K03/210.3 mi18, Manor Road, Wallasey, Merseyside CH45 4JB2
£130K12/220.32 mi8, West Street, Wallasey, Merseyside CH45 4LY2
£105K12/200.35 mi4, Caldy Road, Wallasey, Merseyside CH45 4LX2
£126K01/220.35 mi1, Caldy Road, Wallasey, Merseyside CH45 4LX2
£140K04/210.37 mi18, Burford Avenue, Wallasey, Merseyside CH44 3EH2
£150K12/200.37 mi5, Burford Avenue, Wallasey, Merseyside CH44 3EH2
£87.5K03/210.42 mi1, Selby Street, Wallasey, Merseyside CH45 7LN2
£80K03/230.42 mi61b, Martins Lane, Wallasey, Merseyside CH44 1BG2
£76K05/230.45 mi28, Lancaster Avenue, Wallasey, Merseyside CH45 7LP2
£270K10/210.45 mi16, Sherborne Road, Wallasey, Merseyside CH44 2EY2
£270K10/210.45 mi16, Sherborne Road, Wallasey, Merseyside CH44 2EY2
£110K03/230.46 mi23, Scott Street, Wallasey, Merseyside CH45 7LW2
£110K07/230.46 mi55, Scott Street, Wallasey, Merseyside CH45 7LW2
£295K09/210.46 mi5, Sherborne Road, Wallasey, Merseyside CH44 2EY2
£80K04/210.47 mi8, Kingsley Road, Wallasey, Merseyside CH44 4DS2
£70K11/200.47 mi6, Kingsley Road, Wallasey, Merseyside CH44 4DS2
£110K12/220.48 mi47, Scott Street, Wallasey, Merseyside CH45 7LW2
£250K02/210.49 mi15, Derwent Drive, Wallasey, Merseyside CH45 4PH2
£138K12/220.49 mi55, Withens Lane, Wallasey, Merseyside CH45 7NE2
£210K05/210.51 mi59, Kingsway, Wallasey, Merseyside CH45 4PN2
£93K08/210.55 mi11, Lindeth Avenue, Wallasey, Merseyside CH44 4BX2
£72.5K02/210.56 mi38, Norwood Road, Wallasey, Merseyside CH44 4EE2
£285K01/230.57 mi10, Prospect Vale, Wallasey, Merseyside CH45 6TQ2
£135K06/230.57 mi2, Willow Close, Wallasey, Merseyside CH44 4EY2
£129.5K07/210.57 mi19, Brook Close, Wallasey, Merseyside CH44 1DU2
£73K02/210.59 mi7, Rufford Road, Wallasey, Merseyside CH44 4BY2
£70.5K01/210.59 mi54, Rufford Road, Wallasey, Merseyside CH44 4BY2
£160K02/210.6 mi23, Brookthorpe Close, Wallasey, Merseyside CH45 7SH2
£107K07/230.6 mi18, Walmsley Street, Wallasey, Merseyside CH44 1DY2
£55K06/230.6 mi5, Walmsley Street, Wallasey, Merseyside CH44 1DY2
£146K04/230.6 mi21, Greenwood Lane, Wallasey, Merseyside CH44 1DD2
£100K03/230.6 mi1, Greenwood Lane, Wallasey, Merseyside CH44 1DD2
£107K02/230.6 mi15, Greencroft Road, Wallasey, Merseyside CH44 4BS2
£85K02/210.61 mi2, Greencroft Road, Wallasey, Merseyside CH44 4BS2
£133K12/200.61 mi21, Stratton Close, Wallasey, Merseyside CH45 7SJ2
£105K12/220.63 mi19, Eastcroft Road, Wallasey, Merseyside CH44 4BN2
£247.5K10/210.63 mi5, Broadway, Wallasey, Merseyside CH45 3NA2

Local Rents

50 rents from £525/mo to £1.9K/mo, average is £690/mo.

RentDateDistanceAddressBeds 
£65003/240.1 miMill Lane, Wallasey2
£62505/240.12 miMoseley Avenue, Wallasey, CH452
£69504/240.16 miSilverlea Avenue, Wallasey, Wirral, CH452
£67512/230.17 mi-2
£65003/240.19 miFairview Avenue, Wallasey, Wirral2
£65004/240.2 miFairview Avenue, Wallasey, CH452
£75005/240.21 miFairview Avenue, Wallasey, Wirral2
£69503/240.21 miFairview Avenue, Wallasey2
£70005/240.24 mi-2
£70005/240.24 miWallasey, Wirral, Merseyside, CH442
£1,69505/240.3 mi-2
£1,57505/240.3 mi-2
£1,90001/250.3 mi-2
£1,87512/240.3 mi-2
£1,95002/250.3 mi-2
£1,90004/250.3 mi-2
£1,90004/250.3 mi-2
£60009/240.3 mi-2
£70003/240.34 miPark Street, Wallasey2
£62503/240.34 miEaton Street, Liscard, CH442
£52503/240.35 miMartins Lane, Wallasey2
£52503/240.35 miMartins Lane, Wallasey2
£65003/240.37 miBelgrave Street, Liscard, CH442
£67505/240.38 miUrmson Road, Wallasey2
£75004/250.39 mi-2
£70004/240.42 miThirlmere Drive, Wallasey2
£69505/240.43 mi-2
£65005/240.43 miSelby Street, Wallasey, CH452
£69505/240.43 miSelby Street, Wallasey, CH452
£72503/240.43 miPoulton Road, Wallasey2
£60005/240.44 mi-2
£62505/240.44 mi-2
£60005/240.44 miHillcrest Court, Wallasey, Wirral2
£69501/240.45 mi-2
£69510/240.45 mi-2
£79512/240.47 mi-2
£67502/250.48 mi-2
£62512/240.48 mi-2
£68509/240.5 mi-2
£89502/250.5 mi-2
£60003/240.5 miChamberlain Street, Wallasey2
£67505/240.5 miKingsley Road, Wallasey, CH442
£67505/240.5 mi-2
£72501/240.5 mi-2
£75002/250.5 mi-2
£67503/240.52 miKendal Road, Wallasey, CH44 5SZ2
£67512/240.52 mi-2
£65003/240.53 miSerpentine Road Wallasey2
£67503/240.54 miWithens Lane, Wallasey, Wirral, CH452
£75005/240.54 miHawarden Avenue, Wallasey2

Local Area Statistics

Population in CH44

29,995

Population in Wallasey

60,790

Town centre distance

0.41 miles away

Nearest school

0.10 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+48%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £134,995

February 18, 2025

Description

  • Council Tax Band: B +
  • End Terraced Property +
  • Two Bedrooms +
  • Two Bathrooms +
  • Close to Local Amenities, Schools & Transport Links +

SUMMARY
This deceptively spacious, traditional property does require some updating however offers fantastic accommodation that needs to be appreciated with an internal inspection. This would make an ideal first time buy or investment and a viewing is essential!

DESCRIPTION
Jones and Chapman are delighted to bring you this end terraced property situated in the highly sought after location of Rullerton Road. Offering two large reception rooms, kitchen, downstairs bathroom and good sized courtyard. Upstairs are two double bedrooms and family bathroom. Located in an excellent catchment area for both Primary and Secondary schools and a stone's throw from the amenities and transport links in Liscard. The property does require some renovation but could make the ideal family home. Sure to be a popular property, call us today or pop into the Wallasey Branch to arrange a viewing!

Entrance Hall 
UPVC double glazed door, meter cupboard, radiator and laminate flooring.

Lounge 19' 1" into bay x 15' 10" max ( 5.82m into bay x 4.83m max )
UPVC double glazed bay window to front, UPVC double glazed window to front, log burner and two radiators

Dining Room 14' 11" x 11' 6" max ( 4.55m x 3.51m max )
UPVC double glazed window to front, log burner, radiator and laminate flooring.

Kitchen 10' 9" x 7' 10" ( 3.28m x 2.39m )
Comprising sink, gas hob and cooker-hood. UPVC double glazed window to side and wood framed single glazed door.

Downstairs Bathroom 
WC, sink and bath with overhead shower. Towel radiator, tiled walls and tiled floor. UPVC double glazed window to side.

Landing 
UPVC double glazed window to front and wooden floor.

Bedroom One 11' 10" x 11' 7" max ( 3.61m x 3.53m max )
UPVC double glazed window to front, radiator and carpet.

Bedroom Two 10' 3" x 7' 11" ( 3.12m x 2.41m )
UPVC double glazed window to front, radiator and wood floor.

Bathroom 
WC, sink and bath with overhead shower. Towel radiator, tiled walls, vinyl flooring and UPVC double glazed window to side.

Outside 

Rear Garden 
Patio courtyard, brick walls and wooden gate providing front access.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Jones & Chapman, Wallasey

0151 453 7997

Next Steps?

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