6 Bed HMO, Liverpool, L15 4LH £175,000

Picton Road, Wavertree, Liverpool, Merseyside, L15 4LH - 17 views - 9 months ago
Auction
HMO
ROI: 26%
~186 m²
Property image

ValuationUndervalued

Sold Prices£130K - £775K
Sold Prices/m²£966/m² - £3.4K/m²

 

 

Square Metres

~186 m²
Price/m²£941/m²

Value Estimate

£215,250
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Room Rate

£474

Gross Rent

£2,844

Running Costs/mo

£1,757

Cashflow/mo

£1,087

Cashflow/yr

£13,041

ROI

26%

Gross Yield

20%

Local Sold Prices

32 sold prices from £130K to £775K, average is £354.5K. £966/m² to £3.4K/m², average is £1.9K/m².

Price
Date
Distance
Address
Beds
 
£142K11/220.08 mi22, Salisbury Road, Wavertree, Liverpool, Merseyside L15 1HN6
£215K06/240.67 mi14, Laburnum Road, Liverpool L7 0HT6
£130K08/240.71 mi13, Fell Street, Liverpool L7 2QB6
£354K04/230.74 mi91, Hartington Road, Toxteth, Liverpool, Merseyside L8 0SE6
£610K03/230.79 mi5, South Drive, Wavertree, Liverpool, Merseyside L15 8JJ6
£325K04/230.81 mi39, Gresford Avenue, Wavertree, Liverpool, Merseyside L17 2AN6
£480K01/250.83 mi32, Sydenham Avenue, Liverpool L17 3AX6
£231K11/210.85 mi70, Fern Grove, Liverpool, Merseyside L8 0RZ6
£480K01/250.86 mi32, Sydenham Avenue, Liverpool, Merseyside L17 3AX6
£355K11/240.86 mi21, Prospect Vale, Liverpool L6 8PE6
£355K11/240.86 mi21, Prospect Vale, Liverpool L6 8PE6
£370K05/230.87 mi5, Balmoral Road, Fairfield, Liverpool, Merseyside L6 8NB6
£310K09/240.9 mi150, Empress Road, Kensington, Liverpool L7 8SF6
£635K07/220.96 mi37, Bentley Road, Liverpool, Merseyside L8 0SY6
£475K05/220.97 mi19, Bentley Road, Liverpool, Merseyside L8 0SY6
£300K09/231.02 mi53, Hall Lane, Kensington, Liverpool, Merseyside L7 8TE6
£350K07/251.05 mi9, Elmbank Road, Liverpool L18 1HR6
£775K03/241.12 mi2, Bristol Road, Liverpool L15 9HH6
£775K03/241.14 mi2, Bristol Road, Wavertree, Liverpool, Merseyside L15 9HH6
£300K04/251.43 mi1, Sefton Grove, Liverpool L17 8XB6
£300K04/251.43 mi1, Sefton Grove, Liverpool L17 8XB6
£340K06/211.46 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£340K06/211.46 mi40, Tynwald Hill, Liverpool L13 7DP6
£340K06/211.46 mi40, Tynwald Hill, Liverpool L13 7DP6
£525K03/251.49 mi67, Queens Drive, Mossley Hill, Liverpool L18 2DU6
£525K03/251.49 mi67, Queens Drive, Mossley Hill, Liverpool L18 2DU6
£395K02/251.51 mi16, Limedale Road, Liverpool L18 5JF6
£700K06/211.55 mi4, Queens Drive, Mossley Hill, Liverpool, Merseyside L18 2DX6
£720K07/241.59 mi11, Queens Drive, Mossley Hill, Liverpool L18 2DS6
£275K10/211.62 mi24, Marlborough Road, Tuebrook, Liverpool, Merseyside L13 8AX6
£250K03/231.79 mi11, Sandringham Road, Tuebrook, Liverpool, Merseyside L13 8BX6
£495K06/231.81 mi68, Childwall Valley Road, Liverpool, Merseyside L16 4PE6

Local Area Statistics

Population in L15

30,017

Population in Liverpool

675,519

Town centre distance

4.23 miles away

Nearest school

0.30 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+37%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £175,000

February 24, 2025

Floor Plans

Property image

Description

FOR SALE BY ONLINE AUCTION 26TH MARCH 2025:

Six-bedroom terrace property serving as an HMO within the L15 district of Liverpool. The accommodation is set across split level four floors and includes two shower rooms, kitchen and separate utility.

ACCOMMODATION
Lower Ground Floor: Kitchen and sitting room
Ground Floor: Entrance hall, bedroom, shower room and utility
First Floor: Three bedrooms
Second Floor: Three bedrooms and shower room

LOCATION
Picton Road is a main road within the Wavertree area with strong public transport links, and local amenities within walking distance. The property itself sits within close proximity of the city’s universities.

Tenure: Freehold

Council Tax Band: A

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1.5% + VAT of sale price, subject to a minimum £3000 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

Agent Details

Venmore, Auction Department

0151 453 6838

Next Steps?

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