2 Bed Terraced House, Refurb/BRRR, Bootle, L20 4RJ, £69,950

Burns Street, Bootle, L20 4RJ - a month ago

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

ValuationOvervalued

Sold Prices£45K - £115K
Sold Prices/m²£489/m² - £1.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£67,524

 

 

End Value (After Refurb)

£67,524

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,488

Stamp Duty & Legal Fees

£4,698

Refurb Costs

£28,709

Bridging Loan Interest

£1,836

Total Cash In

£54,480

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£67,524

Mortgage (After Refinance)

£50,643

Mortgage LTV

75%

Cash Left In

£54,480

Equity

£16,881

Rent Range

£550 - £1,000

Rent Estimate

£750

Running Costs/mo

£381

Cashflow/mo

£369

Cashflow/yr

£4,428

ROI

8%

Gross Yield

13%

Local Sold Prices

50 sold prices from £45K to £115K, average is £70.5K. £489/m² to £1.7K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£69.5K12/200.03 mi56, Boswell Street, Bootle, Merseyside L20 4RP2
£62.5K06/210.04 mi35, Cowper Street, Bootle, Merseyside L20 4RR2
£93.5K06/210.08 mi4, Deepdale Avenue, Bootle, Merseyside L20 4NF2
£63K01/210.09 mi70, Dryden Street, Bootle, Merseyside L20 4RU2
£45K06/210.1 mi11, Gray Street, Bootle, Merseyside L20 4RY2
£95K10/220.12 mi29, Bulwer Street, Bootle, Merseyside L20 4QH2
£75K09/210.14 mi24, Bowles Street, Bootle, Merseyside L20 4QF2
£75K08/210.14 mi22, Bowles Street, Bootle, Merseyside L20 4QF2
£70.1K02/210.15 mi26, Kipling Street, Bootle, Merseyside L20 4QE2
£54.3K03/210.15 mi4, Kipling Street, Bootle, Merseyside L20 4QE2
£78K06/210.17 mi27, Longfellow Street, Bootle, Merseyside L20 4JR2
£65K03/210.17 mi10, Longfellow Street, Bootle, Merseyside L20 4JR2
£87K09/210.21 mi41, Cookson Road, Liverpool, Merseyside L21 4NT2
£55K11/200.21 mi54, Pope Street, Bootle, Merseyside L20 4PH2
£67.5K11/200.22 mi61, Tennyson Street, Bootle, Merseyside L20 4LE2
£70K03/210.22 mi51, Tennyson Street, Bootle, Merseyside L20 4LE2
£65K02/230.24 mi27, Smollett Street, Bootle, Merseyside L20 4PT2
£51.3K02/210.24 mi26, Smollett Street, Bootle, Merseyside L20 4PT2
£82K12/220.24 mi10, Prior Street, Bootle, Merseyside L20 4PS2
£65K03/230.24 mi41, Prior Street, Bootle, Merseyside L20 4PS2
£61.5K05/230.24 mi14, Verdi Avenue, Liverpool, Merseyside L21 4NH2
£110K07/230.25 mi50, Percy Street, Bootle, Merseyside L20 4PQ2
£71K11/210.26 mi18, Waller Street, Bootle, Merseyside L20 4PU2
£105.5K04/230.27 mi27, Rossini Street, Liverpool, Merseyside L21 4NS2
£51K07/210.28 mi21, Balfe Street, Liverpool, Merseyside L21 4NR2
£110K02/230.28 mi14, Scott Street, Bootle, Merseyside L20 4PF2
£58K04/210.29 mi23, Warton Street, Bootle, Merseyside L20 4PX2
£75K04/230.29 mi4, Warton Street, Bootle, Merseyside L20 4PX2
£54K12/200.34 mi11, Lime Grove, Seaforth, Liverpool, Merseyside L21 3TT2
£115K11/200.38 mi8, Ash Grove, Seaforth, Liverpool, Merseyside L21 1BD2
£62K12/200.38 mi68, Kilburn Street, Liverpool, Merseyside L21 8HW2
£75.5K02/230.4 mi14, Chelsea Road, Litherland, Liverpool, Merseyside L21 8HJ2
£82K08/230.4 mi22, Kilburn Street, Liverpool, Merseyside L21 8HW2
£63K05/230.4 mi40, Kilburn Street, Liverpool, Merseyside L21 8HW2
£80K10/210.4 mi4, Kepler Street, Seaforth, Liverpool, Merseyside L21 3TF2
£75K11/200.4 mi10, Kepler Street, Seaforth, Liverpool, Merseyside L21 3TF2
£78K11/230.4 mi29, Kilburn Street, Liverpool, Merseyside L21 8HN2
£69.5K09/210.41 mi53, Longfield Road, Liverpool, Merseyside L21 8LA2
£64K03/230.42 mi36, Riddock Road, Liverpool, Merseyside L21 8HT2
£65K01/230.42 mi38, Riddock Road, Liverpool, Merseyside L21 8HT2
£106K11/220.43 mi42, Riddock Road, Liverpool, Merseyside L21 8HT2
£91K11/220.44 mi44, Beechwood Road, Litherland, Liverpool, Merseyside L21 8JZ2
£87K11/210.44 mi3, Bromyard Close, Bootle, Merseyside L20 4UY2
£70K11/200.46 mi8, Bushley Close, Bootle, Merseyside L20 4UZ2
£92.5K12/200.5 mi5, St James Drive, Bootle, Merseyside L20 4EL2
£70K04/210.51 mi10, Cobb Avenue, Liverpool, Merseyside L21 8JA2
£94K07/230.52 mi20, Green Lane, Seaforth, Liverpool, Merseyside L21 3UA2
£88K03/210.52 mi28, Green Lane, Seaforth, Liverpool, Merseyside L21 3UA2
£80K10/200.52 mi15, Glover Place, Bootle, Merseyside L20 4QR2
£69K10/200.54 mi54, Pennington Road, Liverpool, Merseyside L21 8HY2

Local Rents

50 rents from £550/mo to £1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70005/240.06 miCowper Street, Bootle, L20 4RS2
£75002/240.06 mi-2
£78012/240.06 mi-2
£77501/250.06 mi-2
£75003/250.08 mi-2
£65005/240.08 mi-2
£1,00003/250.1 mi-2
£75005/240.14 miBowles Street, Bootle2
£70006/240.17 miFalconer Street, Bootle, Liverpool, L202
£75004/240.17 miMoore Street, BOOTLE2
£62512/240.22 miSeaforth Road, Liverpool, L212
£79504/240.22 miSeaforth Road, Liverpool, Merseyside, L212
£57505/240.24 miPeel Road, Bootle2
£75003/250.24 mi-2
£85012/240.24 mi-2
£74505/240.24 mi-2
£74505/240.24 miSmollett Street, Bootle, L202
£75003/250.24 mi-2
£78001/240.25 mi-2
£80002/250.25 mi-2
£72008/240.25 mi-2
£72503/250.25 mi-2
£55005/240.26 miShelley Street, Bootle2
£70012/240.26 mi-2
£70003/250.27 mi-2
£67504/240.3 miSpenser Street, Bootle2
£62502/240.32 mi-2
£75003/250.33 mi-2
£69503/250.34 mi-2
£75012/240.35 mi-2
£72505/240.37 mi-2
£70012/240.4 miBeechwood Road, Litherland, Liverpool, L21 8JY2
£75004/250.41 mi-2
£75005/240.42 miMildmay Road, Bootle2
£57504/240.42 miSeaforth Vale North, Liverpool2
£75008/240.42 mi-2
£75004/240.43 mi-2
£70004/240.44 miSeaforth Road, Seaforth L21 3TX2
£80012/240.46 mi-2
£80012/240.46 mi-2
£80005/240.46 miLinacre Road, Liverpool, L212
£80005/240.46 miLinacre Road, Liverpool, L212
£77512/240.47 mi-2
£65004/240.51 mi-2
£65004/240.51 mi-2
£67503/250.51 mi-2
£69505/240.52 miLander Road, Litherland, Merseyside, L212
£85003/250.52 mi-2
£75003/250.52 mi-2
£75012/240.56 miEaton Avenue, Litherland, Liverpool2

Local Area Statistics

Population in L20

31,316

Population in Bootle

51,353

Town centre distance

0.99 miles away

Nearest school

0.40 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £69,950

February 21, 2025

Description

  • Ideal Investment Opportunity +
  • In Need of Modernisation Throughout +
  • Two Bedrooms +
  • Two Reception Rooms +
  • Spacious Rear Yard +
  • Double Glazed +
  • Gas Central Heated +
  • Potential Rental Income of £9,000 Per Annum +
  • No Onward Chain +
  • Freehold +

* No Onward Chain - In Need of Full Modernisation - Ideal Investment Opportunity *

Lyons Estates are pleased to bring to the market this two bedroom, mid terraced property in the popular location of Bootle, L20. This is the perfect property for a renovation project, whether it is for an investment or home for yourself.

Briefly, the ground floor comprises of an entrance hall, two separate living areas, with the front lounge holding a bay window offering ample natural light. The kitchen is also located here and currently has two double glazed windows and offers access to the spacious rear yard. There is the added benefit of a cellar offering a great storage space, which can also be accessed via the kitchen.

To the first floor are the two bedrooms, both of which are doubles. The second bedroom also has a built in cupboard, giving extra storage space. The family bathroom is also located here and currently comprises of a bath and wash basin, while there is a separate shower room which holds a shower enclosure and low level W/C.

There is a compact enclosed garden to the front and spacious yard area to the rear. This location offers great transport links and is situated close to a wealth of local amenities and a selection of schools.

Following modernisation, this has a potential rental figure of £9,000 per annum. Don't miss out on this ideal investment opportunity, contact Lyons Estates today to arrange a viewing!

PROPERTY MISDESCRIPTIONS ACT 1991

"The Agent has not tested any apparatus, equipment, fixture, fittings or services, and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect. Neither has the Agent checked the legal documentation to verify legal status of the property or the validity of any guarantee. A buyer must assume the information is incorrect, until it has been verified by their own solicitors. "The measurements supplied are for general guidance, and as such must be considered as incorrect. A buyer is advised to re-check the measurements themselves before committing themselves to any expense. "Nothing concerning the type of construction or the condition of the structure is to be implied from the photograph of the property. "The sales particulars may change in the course of time, and any interested party is advised to make final inspection of the property prior to exchange of contracts".

MISREPRESENTATION ACT 1967

"These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments. If any interested party wishes to rely upon any information from the agent, then a request should be made and specific written confirmation can be provided. The Agent will not be responsible for any verbal statement made by any member of staff, as only a specific written confirmation should be relied upon. The Agent will not be responsible for any loss other than when specific written confirmation has been requested."

Agent Details

Lyons Estates Ltd, Liverpool

0151 453 4335

Next Steps?

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