Potential 4-Bed HMO, Liverpool, L19 2PR, £150,000

8 Meredith Street, Garston, Liverpool, L19 2PR - 6 views - a month ago

HMO
ROI: 13%
71 m²

ValuationOvervalued

Sold Prices£60.5K - £292.5K
Sold Prices/m²£805/m² - £3.8K/m²

 

 

Square Metres

71 m²
Price/m²£2.1K/m²

Value Estimate

£131,857

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Room Rate

£425

Gross Rent

£1,700

Running Costs/mo

£1,250

Cashflow/mo

£450

Cashflow/yr

£5,405

ROI

13%

Gross Yield

14%

Local Sold Prices

51 sold prices from £60.5K to £292.5K, average is £170K. £805/m² to £3.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£130K02/210.06 mi60, Vineyard Street, Liverpool, Merseyside L19 2PU3
£195K11/220.07 mi8, Almond Court, Liverpool, Merseyside L19 2QZ3
£175K12/220.07 mi42, Almond Court, Liverpool, Merseyside L19 2QZ3
£132K01/210.14 mi176, Speke Road, Speke, Liverpool, Merseyside L24 8QA3
£100K08/210.28 mi9, Masters Way, Liverpool, Merseyside L19 2RT3
£161K06/210.28 mi2, Masters Way, Liverpool, Merseyside L19 2RT3
£180K01/210.29 mi37, Vesta Road, Liverpool, Merseyside L19 2RS3
£151K03/210.29 mi17, Vesta Road, Liverpool, Merseyside L19 2RS3
£185K05/210.29 mi39, Vesta Road, Liverpool, Merseyside L19 2RS3
£292.5K10/220.3 mi6, Discovery Road, Garston, Liverpool, Merseyside L19 8DB3
£60.5K03/230.4 mi3, Hamlin Road, Liverpool, Merseyside L19 5NL3
£165K05/230.42 mi15, Banks Lane, Garston, Liverpool, Merseyside L19 8JL3
£230K03/230.43 mi21, Harwood Road, Liverpool, Merseyside L19 5NP3
£230K03/230.43 mi21, Harwood Road, Liverpool, Merseyside L19 5NP3
£127.5K02/210.43 mi112, Highbank Drive, Liverpool, Merseyside L19 5PG3
£205K12/220.45 mi4, Holman Road, Liverpool, Merseyside L19 5NS3
£125K03/210.47 mi8, Windfield Road, Liverpool, Merseyside L19 8JP3
£145K05/210.47 mi2, Windfield Road, Liverpool, Merseyside L19 8JP3
£165K02/230.47 mi44, Windfield Road, Liverpool, Merseyside L19 8JP3
£88K06/230.5 mi15, Hardy Street, Garston, Liverpool, Merseyside L19 8LL3
£214K10/210.51 mi43, Kinsale Drive, Allerton, Liverpool, Merseyside L19 5PH3
£125K02/210.52 mi21, Condor Close, Liverpool, Merseyside L19 5NU3
£187.5K06/210.52 mi24, Condor Close, Liverpool, Merseyside L19 5NU3
£90.5K04/210.54 mi90, Lincoln Street, Liverpool, Merseyside L19 8LF3
£190K12/200.55 mi26, Woolton Road, Allerton, Liverpool, Merseyside L19 5NG3
£180K12/200.55 mi74, Woolton Road, Allerton, Liverpool, Merseyside L19 5NG3
£250K07/230.55 mi74, Woolton Road, Garston, Liverpool, Merseyside L19 5NG3
£85K02/210.55 mi103, Chesterton Street, Liverpool, Merseyside L19 8LD3
£115K05/230.55 mi80, Chesterton Street, Liverpool, Merseyside L19 8LD3
£250K03/230.55 mi24, Southmead Gardens, Liverpool, Merseyside L19 5NJ3
£125K03/210.56 mi25, Canterbury Street, Garston, Liverpool, Merseyside L19 8LG3
£240K04/210.57 mi32, Northmead Road, Allerton, Liverpool, Merseyside L19 5NW3
£176K03/210.58 mi11, Leeming Grove, Liverpool, Merseyside L19 8LZ3
£200K03/210.58 mi107, Woolton Road, Garston, Liverpool, Merseyside L19 6PL3
£230K08/210.58 mi81, Northmead Road, Liverpool, Merseyside L19 5NN3
£170K01/210.59 mi102, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH3
£135K02/210.59 mi100, Windfield Road, Liverpool, Merseyside L19 8JW3
£115K12/200.59 mi84, York Way, Garston, Liverpool, Merseyside L19 8JS3
£113K10/200.6 mi9, Belmont Place, Liverpool, Merseyside L19 5PB3
£239K02/230.61 mi24, Garfourth Close, Liverpool, Merseyside L19 6PU3
£133K04/210.62 mi22, Russell Road, Garston, Liverpool, Merseyside L19 1RJ3
£175K09/210.62 mi16, Russell Road, Garston, Liverpool, Merseyside L19 1RJ3
£165K03/210.62 mi11, Carpathia Close, Liverpool, Merseyside L19 8HN3
£241K12/200.63 mi176, Woolton Road, Garston, Liverpool, Merseyside L19 5NF3
£268K03/210.63 mi168, Woolton Road, Garston, Liverpool, Merseyside L19 5NF3
£212.5K11/200.64 mi5, Hartington Road, Garston, Liverpool, Merseyside L19 6PH3
£110K03/210.64 mi46, Chapel Road, Garston, Liverpool, Merseyside L19 2LG3
£145K12/220.65 mi130, Windfield Road, Liverpool, Merseyside L19 8LU3
£235K02/210.65 mi169, Woolton Road, Allerton, Liverpool, Merseyside L19 5NE3
£280K02/210.66 mi170, Woolton Road, Garston, Liverpool, Merseyside L19 5NF3
£150.1K09/210.66 mi6, Gladstone Road, Garston, Liverpool, Merseyside L19 1RR3

Local Area Statistics

Population in L19

23,769

Population in Liverpool

675,519

Town centre distance

8.34 miles away

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £150,000

February 25, 2025

Floor Plans

Description

  • Three Bedroom Mid Terrace Home +
  • Located In Popular Area Of Garston +
  • Brilliant Opportunity For Investors +
  • Well-Proportioned & Maintained +
  • Hallway & Two Reception Rooms +
  • Kitchen & Downstairs Bathroom +
  • Three Bright & Sizable Bedrooms +
  • Low-Maintenance Yard To Rear +

Arriving at the sales market, courtesy of appointed agents Move Residential, is this brilliant three bedroom mid terrace home, located on Meredith Street in the popular residential area of Garston, L19. Currently in use as a four bedroom HMO achieving a rental income of £1,700pcm, this well-maintained property presents an opportunity not to be missed for investors, and would also make an ideal purchase for first time buyers looking to get on the property ladder. The ground floor comprises in brief of an entrance hall, spacious lounge and a second reception room/fourth bedroom. This is followed by a modern kitchen complete with a range of fitted base and wall units and plentiful surface space, along with a contemporary style three-piece family bathroom suite. To the first floor you will discover three well-proportioned bedrooms.Externally, the property further benefits from a low-maintenance enclosed rear yard.

Agent Details

Move Residential, Mossley Hill

0151 453 1497

Next Steps?

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