3 Bed Semi-Detached House, Refurb/BRRR, Liverpool, L16 2NE, £325,000

Rimmer Avenue, Liverpool, Merseyside, L16 2NE - 2 views - 2 months ago

Refurb/BRRR
~93 m²
+30 photos

ValuationOvervalued

Sold Prices£152.5K - £355K
Sold Prices/m²£1.3K/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£216,061

 

 

End Value (After Refurb)

£304,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£39,200

Bridging Loan Interest

£8,531

Total Cash In

£145,431

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£304,250

Mortgage (After Refinance)

£228,188

Mortgage LTV

75%

Cash Left In

£145,431

Equity

£76,063

Rent Range

£900 - £1,600

Rent Estimate

£1,251

Running Costs/mo

£1,221

Cashflow/mo

£30

Cashflow/yr

£360

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £152.5K to £355K, average is £232.3K. £1.3K/m² to £3.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£197.5K06/210.02 mi1, Rimmer Avenue, Liverpool, Merseyside L16 2NE3
£350K11/220.03 mi53, Rimmer Avenue, Liverpool, Merseyside L16 2NE3
£208K11/200.07 mi8, Bowring Park Avenue, Liverpool, Merseyside L16 2NJ3
£255K02/210.07 mi80, Bowring Park Avenue, Liverpool, Merseyside L16 2NJ3
£235K11/200.08 mi21, Bowring Park Avenue, Liverpool, Merseyside L16 2NH3
£250K12/200.09 mi73, Court Hey Drive, Liverpool, Merseyside L16 2NB3
£268K10/220.11 mi12, Buttermere Road, Huyton, Liverpool, Merseyside L16 2NN3
£325.5K09/210.12 mi78, Court Hey Road, Liverpool, Merseyside L16 2LZ3
£325K04/230.13 mi56, Rimmer Avenue, Liverpool, Merseyside L16 2NQ3
£240K09/210.14 mi101, Rimmer Avenue, Liverpool, Merseyside L16 2NF3
£292K11/200.16 mi28, Buttermere Road, Liverpool, Merseyside L16 2NN3
£355K12/210.24 mi1, Keswick Way, Liverpool, Merseyside L16 2NP3
£231K12/220.24 mi24, Keswick Way, Liverpool, Merseyside L16 2NP3
£300K06/230.24 mi10, Court Hey Avenue, Liverpool, Merseyside L36 4JB3
£200K03/210.25 mi46, Gladstone Avenue, Liverpool, Merseyside L16 2LQ3
£230K11/220.25 mi44, Gladstone Avenue, Liverpool, Merseyside L16 2LQ3
£250K02/220.26 mi34, Grangewood, Liverpool, Merseyside L16 3GB3
£292K03/230.26 mi27, Grangewood, Liverpool, Merseyside L16 3GB3
£275K06/210.26 mi22, Grangewood, Liverpool, Merseyside L16 3GB3
£220K04/210.26 mi30, Grangewood, Liverpool, Merseyside L16 3GB3
£240K01/210.26 mi35, Grangewood, Liverpool, Merseyside L16 3GB3
£165K12/200.27 mi17, Malvern Avenue, Liverpool, Merseyside L14 6TR3
£315K06/220.27 mi47, Gladstone Avenue, Liverpool, Merseyside L16 2LG3
£207.5K11/220.27 mi35, Malvern Avenue, Liverpool, Merseyside L14 6TR3
£235K03/220.28 mi101, Thornton Road, Liverpool, Merseyside L16 2LR3
£180K07/210.28 mi75, Thornton Road, Liverpool, Merseyside L16 2LP3
£200K06/210.28 mi79, Thornton Road, Liverpool, Merseyside L16 2LP3
£255K04/220.29 mi26, Sheppard Avenue, Liverpool, Merseyside L16 2LD3
£185K01/230.3 mi48, Fairfield Avenue, Liverpool, Merseyside L36 4JF3
£270K07/230.3 mi64, Thornton Road, Liverpool, Merseyside L16 2LS3
£236K11/220.3 mi152, Bowring Park Avenue, Liverpool, Merseyside L16 2LF3
£300K03/230.3 mi17, High Beeches, Liverpool, Merseyside L16 3GA3
£325K05/230.3 mi140, Bowring Park Avenue, Liverpool, Merseyside L16 2LF3
£231K02/210.3 mi134, Bowring Park Avenue, Liverpool, Merseyside L16 2LF3
£211.5K02/230.31 mi115, Bowring Park Avenue, Liverpool, Merseyside L16 2LE3
£229.9K06/210.31 mi41, Fairfield Avenue, Liverpool, Merseyside L36 4JE3
£233.5K07/210.31 mi17, Fairfield Avenue, Liverpool, Merseyside L36 4JE3
£230K08/210.32 mi35, Eastham Close, Liverpool, Merseyside L16 2LT3
£230K08/210.32 mi35, Eastham Close, Liverpool, Merseyside L16 2LT3
£181K09/220.32 mi17, Molesworth Grove, Liverpool, Merseyside L16 3NB3
£152.5K11/200.32 mi22, Molesworth Grove, Liverpool, Merseyside L16 3NB3
£183.2K08/210.32 mi23, Hilary Avenue, Liverpool, Merseyside L14 6TJ3
£155K05/210.33 mi3, Wyndham Avenue, Liverpool, Merseyside L14 6TD3
£169.9K03/210.33 mi21, Wyndham Avenue, Liverpool, Merseyside L14 6TD3
£236K01/220.33 mi7, Chorlton Close, Liverpool, Merseyside L16 2LU3
£220K05/210.33 mi145, Chelwood Avenue, Childwall, Liverpool, Merseyside L16 2LN3
£215K03/210.35 mi21, Eastham Close, Liverpool, Merseyside L16 2LT3
£235K02/230.35 mi89, Chelwood Avenue, Childwall, Liverpool, Merseyside L16 2LL3
£185K11/200.35 mi89, Chelwood Avenue, Childwall, Liverpool, Merseyside L16 2LL3
£157.5K09/210.35 mi4, Hilary Avenue, Liverpool, Merseyside L14 6TN3

Local Rents

21 rents from £900/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,05001/250.04 mi-3
£1,50005/240.05 mi-3
£1,50005/240.05 miRimmer Avenue, Liverpool, L163
£1,50005/240.05 miRimmer Avenue, Liverpool, L163
£1,30012/230.06 mi-3
£1,20010/240.35 mi-3
£1,10009/230.36 mi-3
£1,25005/240.37 mi-3
£1,25005/240.37 miMalvern Crescent, Liverpool, L143
£1,05010/240.41 mi-3
£1,30005/240.43 miPilch Lane, L36 4NP3
£1,30005/240.44 miPilch Lane East, L363
£1,30005/240.45 miPilch Lane East, L363
£90012/240.47 miHilary Avenue L143
£1,60012/240.48 mi-3
£1,40005/240.53 miManvers Road, LIVERPOOL3
£97512/240.54 mi-3
£1,20005/240.56 miWalsingham Road, L163
£1,30005/240.6 miWalsingham Road, L163
£1,15005/240.61 miGlenconner Road, L163
£1,15003/250.61 mi-3

Local Area Statistics

Population in L16

15,039

Population in Liverpool

675,519

Town centre distance

5.63 miles away

Nearest school

0.30 miles away

Nearest train station

0.74 miles away

 

 

Rental growth (12m)

+83%

Sales demand

Buyer's market

Capital growth (5yrs)

+29%

Property History

Listed for £325,000

February 19, 2025

Floor Plans

Description

  • Spacious freehold property in the popular L16 area, offering fantastic potential. +
  • Features two conservatories, a generous lounge, and a separate dining room for versatile living. +
  • Includes three well-proportioned bedrooms, ready for renovation and transformation. +
  • Located close to excellent transport links, great schools, and local amenities. +
  • A brilliant opportunity to create a stylish and modern home +

This spacious freehold property in the popular L16 area offers fantastic potential, featuring two conservatories, a generous lounge, a separate dining room, and three well-proportioned bedrooms, all ready for renovation. With excellent transport links, great schools, and local amenities nearby, this is a great opportunity to create a stylish and modern home

Nestled in the ever-popular L16 area, this spacious freehold property on Rimmer Avenue is bursting with potential! A fantastic opportunity for buyers looking to renovate and create their dream home, this property offers 137.3 m² (1,478 sq. ft.) of versatile living space, ready for transformation.

The ground floor (85.2 m² / 917 sq. ft.) boasts two bright and airy conservatories, perfect for additional living or dining areas. The generous lounge and separate dining room provide an ideal space for entertaining, while the well-sized kitchen offers direct access to the rear. The welcoming hallway leads to a patio area, adding outdoor potential to the home.

Upstairs, the first floor (52.1 m² / 561 sq. ft.) features three well-proportioned bedrooms, including a spacious master. The family bathroom is ripe for modernisation, and the landing connects all rooms seamlessly.

With some refurbishment, this property has the potential to become a stylish and modern home. Situated in a fantastic location with excellent transport links, great schools, and local amenities nearby, this is a golden opportunity for investors and homebuyers alike.

Should you proceed with an offer on this property that is accepted, we have a legal obligation to perform Anti Money Laundering checks on behalf of HMRC. We use our compliance partner, Coadjute, to perform these checks, for which they charge a fee.

Agent Details

Whitegates, Woolton

0151 453 3725

Next Steps?

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