3 Bed Terraced House, Single Let, Liverpool, L21 8HS, £60,000

Riddock Road, Litherland, L21 8HS - 4 views - 2 months ago

Sold STC
Auction
BTL
ROI: 14%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£40K - £170K
Sold Prices/m²£540/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£645/m²

Value Estimate

£74,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£3,000

Total Cash In

£18,000

 

 

Cash Out

 

Rent Range

£625 - £2,745

Rent Estimate

£525

Running Costs/mo

£313

Cashflow/mo

£213

Cashflow/yr

£2,550

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £40K to £170K, average is £90K. £540/m² to £2.2K/m², average is £979/m².

PriceDateDistanceAddressBeds 
£96K12/220.04 mi27, Riddock Road, Liverpool, Merseyside L21 8HS3
£61K01/230.08 mi73, Chelsea Road, Litherland, Liverpool, Merseyside L21 8HH3
£113K03/230.08 mi36, Mildmay Road, Bootle, Merseyside L20 5EN3
£118K05/230.09 mi26, Croxteth Road, Bootle, Merseyside L20 5EA3
£95K12/200.11 mi59, Croxteth Road, Bootle, Merseyside L20 5EB3
£85K01/210.11 mi53, Croxteth Road, Bootle, Merseyside L20 5EB3
£68K01/240.13 mi14, Beechwood Road, Litherland, Liverpool, Merseyside L21 8JZ3
£120K11/200.13 mi10, Markfield Road, Bootle, Merseyside L20 5DU3
£52K11/210.13 mi69, Longfield Road, Liverpool, Merseyside L21 8LA3
£73K05/210.15 mi95, Norton Street, Bootle, Merseyside L20 4PJ3
£75K06/210.17 mi28, Blisworth Street, Litherland, Liverpool, Merseyside L21 8JF3
£90K08/230.17 mi20, Hornby Boulevard, Liverpool, Merseyside L21 8HG3
£67K10/210.18 mi37, Lander Road, Liverpool, Merseyside L21 8JB3
£120K06/230.18 mi61, Lander Road, Liverpool, Merseyside L21 8JB3
£90K05/210.2 mi17, Towcester Street, Liverpool, Merseyside L21 8JG3
£91K09/210.2 mi11, Towcester Street, Liverpool, Merseyside L21 8JG3
£40K12/200.2 mi39, Towcester Street, Liverpool, Merseyside L21 8JG3
£90K11/210.2 mi1, Balfour Avenue, Bootle, Merseyside L20 4PB3
£90K05/210.2 mi8, Balfour Avenue, Bootle, Merseyside L20 4PB3
£94K11/210.2 mi73, Balfour Road, Bootle, Merseyside L20 4NY3
£70K12/200.2 mi27, Scott Street, Bootle, Merseyside L20 4PE3
£85K11/210.21 mi12, Percy Street, Bootle, Merseyside L20 4PQ3
£168K12/220.21 mi25, Lathom Road, Bootle, Merseyside L20 5EL3
£120K01/230.21 mi26, Lathom Road, Bootle, Merseyside L20 5EL3
£55K01/210.22 mi71, Percy Street, Bootle, Merseyside L20 4PG3
£75K11/200.22 mi65, Percy Street, Bootle, Merseyside L20 4PG3
£75K11/200.22 mi65, Percy Street, Bootle, Merseyside L20 4PG3
£75K04/210.22 mi272, Litherland Road, Bootle, Merseyside L20 5EG3
£72K01/210.23 mi18, Rufford Road, Bootle, Merseyside L20 5EP3
£106K03/230.23 mi7, Rufford Road, Bootle, Merseyside L20 5EP3
£80K04/230.23 mi39, Bowden Street, Liverpool, Merseyside L21 8LL3
£104K05/230.24 mi28, Balfour Road, Bootle, Merseyside L20 4NZ3
£90K12/200.24 mi7, Lydiate Road, Bootle, Merseyside L20 5EJ3
£125K01/230.24 mi216, Litherland Road, Bootle, Merseyside L20 5EH3
£107.5K11/220.25 mi240, Litherland Road, Bootle, Merseyside L20 5EH3
£90K11/210.25 mi17, Lydiate Road, Bootle, Merseyside L20 5EJ3
£95K02/210.25 mi35, Lydiate Road, Bootle, Merseyside L20 5EJ3
£74.2K09/210.25 mi105, Lunt Road, Bootle, Merseyside L20 5EZ3
£110K05/230.26 mi149, Thornton Road, Bootle, Merseyside L20 5ED3
£130K04/230.27 mi18, Oakland Close, Liverpool, Merseyside L21 8PS3
£85.5K04/210.31 mi20, Linacre Lane, Bootle, Merseyside L20 5AH3
£90K01/210.31 mi17, Linacre Lane, Bootle, Merseyside L20 5AG3
£90K10/210.31 mi41, Linacre Lane, Bootle, Merseyside L20 5AG3
£170K11/220.33 mi7, Heathfield Drive, Bootle, Merseyside L20 6GE3
£147K03/230.33 mi15, Wood Street, Seaforth, Liverpool, Merseyside L21 8PH3
£76.5K02/210.33 mi48, Cowper Street, Bootle, Merseyside L20 4RS3
£110K03/230.34 mi14, August Street, Bootle, Merseyside L20 5BA3
£130K02/230.36 mi1, Servia Road, Liverpool, Merseyside L21 8LZ3
£80K04/210.36 mi46, Boswell Street, Bootle, Merseyside L20 4RP3
£77.5K12/220.36 mi19, Boswell Street, Bootle, Merseyside L20 4RP3

Local Rents

50 rents from £625/mo to £2.7K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75004/250.02 mi-3
£82503/250.04 mi-3
£85002/250.05 mi-3
£82005/240.09 mi-3
£80005/240.09 mi-3
£65004/240.09 miChelsea Road, Liverpool3
£90004/240.11 miCroxteth Road, Bootle, L203
£70005/240.14 miEliot Street, Bootle3
£72504/240.15 miNorton Street, Bootle3
£80005/240.15 miNorton Street, Bootle, L203
£62505/240.17 miMoore Street, Bootle3
£82503/250.18 mi-3
£72512/240.2 miTowcester Street, Liverpool3
£65003/250.2 mi-3
£95005/240.2 miRufford Road, Bootle, L203
£95005/240.2 mi-3
£92503/250.21 mi-3
£89504/240.21 miPercy Street, Bootle3
£70002/240.22 mi-3
£92502/250.22 mi-3
£72504/250.23 mi-3
£80005/240.23 miWarton Street, Bootle, Merseyside, L203
£87504/250.23 mi-3
£77505/240.24 miGray St, Bootle, L203
£77506/240.24 miGray St, Bootle, L203
£77505/240.24 mi-3
£77512/240.24 mi-3
£95003/250.25 mi-3
£79505/240.25 miLunt Road, Bootle, L20 5EZ-Available with Zero Deposits3
£89501/250.25 mi-3
£75005/240.29 mi-3
£75012/240.29 mi-3
£75005/240.29 miSpenser Street, Liverpool, L203
£75005/240.29 miSpenser Street, Liverpool, L203
£80004/240.31 mi-3
£75005/240.34 miSouthey Street, Bootle, Liverpool, L203
£1,93504/240.34 mi-3
£2,74503/240.34 mi-3
£2,74503/240.34 mi-3
£2,74512/240.34 mi-3
£1,93512/240.34 mi-3
£1,93512/240.34 mi-3
£1,93503/250.34 mi-3
£75005/240.34 miSpenser Street, Bootle, Liverpool, L203
£70004/240.35 miCowper Street, Bootle3
£75005/240.35 miCowper street, L203
£85012/240.35 mi-3
£89502/250.35 mi-3
£90004/240.36 miMaple Close, Bootle, Merseyside, L213
£75005/240.39 miBurns Street, Bootle, Liverpool, L203

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

0.90 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £60,000

February 18, 2025

Description

  • For Sale by Online Auction +
  • Tenant in Situ +
  • Approx 10% yield! +
  • Great Buy To Let +
  • Investment Opportunity +

FOR SALE BY ONLINE AUCTION - 26TH FEBRUARY Are you looking to add another BTL property to your portfolio? Check out this tenanted three-bedroom end terrace with the tenants paying £525 pcm, giving a potential yield of above 10% based on the guide price. It is located close to all local shops and amenities. THREE BEDROOM END TERRACE HOUSE off Linacre Road, Litherland. The accommodation comprises: hallway, lounge, open plan kitchen diner to ground floor. To the first floor are three bedrooms and a bathroom. Outside there is a courtyard. INFORMATION FROM THE AUCTION HOUSE: Please note that all marketing including property description and imagery has been provided by the introducing agent. The Auction Company strongly recommends interested parties arrange an in-person viewing (strictly by appointment only) to fully appreciate all the property has to offer and to satisfy your own requirements. Method of Auction: - This is a ‘Timed Online’ auction, meaning bidding takes place online.
- Visit The Auction Company website find the property details and the bidding method.
- How long the bidding process is open for, is clearly stated as is the closing date and end time. Registering to bid: - In order to bid on the property, you are required to register your details.
- You will be required to undertake identity checks as this is the law.
- You will be required to register your payment details. This is to ensure you have funds available to settle the Buyer’s Premium and deposit.
- A hold/shadow will be placed on £1,000 for this.
- If you place a bid, it is deemed you have read, understood and agree to the Terms and Conditions of The Auction Company in their entirety.
- T&Cs, Buyers Terms and Special Auction Conditions are found on each property details. You must read these before bidding. Auction type - Traditional Method of Auction (Unconditional): - If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end and complete with 28 days.
- The held amount of £1,000 will be deducted from your account and forms the Buyer’s Premium minimum amount.
- You will be contacted within 2 hours to settle the deposit amount payable and any remaining Buyers Premium due. Failure to make the payments you will be in breach of our auction terms.
- The Buyer’s Premium is set at 4% + VAT (£5,000 + VAT minimum). This is non-refundable and does not constitute towards the cost of the property.
- The deposit amount is 10% of the sale price and will be collected within 2 hours of the close of auction. Legal Pack: - The legal pack is a set of documents that relate to the property and the sale of it.
- It is highly recommended that you download and consider the provided legal pack for the property you are interested in bidding on.
- It is also advisable that you seek legal advice regarding the content of the legal pack, to ensure certainty before bidding.
- To download the legal pack, search for The Auction Company website and find the property of interest. There is a tab for ‘legals’ where you will find the documents. To download, you must create a free account with The Auction Passport.
- The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale. Special Conditions of Sale: - These conditions are not set by The Auction Company. They are conditions stipulated by the seller and are contractually binding.
- You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

EPC Rating: D

Agent Details

North Wall, Liverpool

0151 453 0439

Next Steps?

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