3 Bed Semi-Detached House, Single Let, Liverpool, L11 8LZ, £115,000

24 Broad Lane, Norris Green, Liverpool, L11 8LZ - 11 views - a month ago

Sold STC
Auction
BTL
ROI: 14%
75 m²
+4 photos

ValuationOvervalued

Sold Prices£80K - £187K
Sold Prices/m²£1.1K/m² - £2.6K/m²

 

 

Square Metres

75 m²
Price/m²£1.5K/m²

Value Estimate

£108,790

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£795 - £2,500

Rent Estimate

£950

Running Costs/mo

£569

Cashflow/mo

£381

Cashflow/yr

£4,568

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £80K to £187K, average is £128K. £1.1K/m² to £2.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£110K02/230.04 mi29, Broad Lane, Norris Green, Liverpool, Merseyside L11 8LY3
£126K10/200.06 mi82, Townsend Avenue, Norris Green, Liverpool, Merseyside L11 8NE3
£142.5K02/230.08 mi111, Townsend Avenue, Norris Green, Liverpool, Merseyside L11 8NB3
£120K07/210.09 mi36, New Hall Lane, Liverpool, Merseyside L11 8LU3
£87K04/210.17 mi33, Lowerson Crescent, Liverpool, Merseyside L11 8LD3
£135K06/210.17 mi19, Lowerson Road, Liverpool, Merseyside L11 8LN3
£120K12/200.17 mi15, Garsfield Road, Liverpool, Merseyside L4 8UJ3
£150K12/220.18 mi10, Normandale Road, Liverpool, Merseyside L4 8UQ3
£135K08/220.18 mi23, Sandyville Road, Liverpool, Merseyside L4 8UP3
£165K11/220.19 mi69, Wapshare Road, Liverpool, Merseyside L11 8LR3
£170K10/200.2 mi346, Utting Avenue, Liverpool, Merseyside L4 8UE3
£118K01/210.21 mi22, Sandyville Road, Liverpool, Merseyside L4 8UR3
£155K05/210.21 mi64, Sandyville Road, Liverpool, Merseyside L4 8UR3
£100K10/200.21 mi49, Normandale Road, Liverpool, Merseyside L4 8UG3
£174K12/220.22 mi14, Durrant Road, Liverpool, Merseyside L11 8LH3
£126K11/200.22 mi443, Queens Drive, Walton, Liverpool, Merseyside L4 8TY3
£120K12/220.22 mi405, Queens Drive, Walton, Liverpool, Merseyside L4 8TY3
£96K12/200.23 mi7, Morningside Place, Liverpool, Merseyside L11 1BA3
£105K04/210.23 mi44, Morningside Road, Liverpool, Merseyside L11 1AU3
£93K02/210.24 mi36, Lorenzo Drive, Liverpool, Merseyside L11 1BQ3
£130K10/210.26 mi94, Richard Kelly Drive, Liverpool, Merseyside L4 8TJ3
£105K01/210.27 mi10, Cavan Road, Liverpool, Merseyside L11 8LP3
£177.5K11/220.27 mi75, Wapshare Road, Liverpool, Merseyside L11 8LR3
£112K12/220.28 mi2, Scarsdale Road, Liverpool, Merseyside L11 1DU3
£164K02/230.29 mi13, Asser Road, Liverpool, Merseyside L11 8NJ3
£125K04/230.33 mi147, Townsend Avenue, Norris Green, Liverpool, Merseyside L11 7AH3
£120K03/230.33 mi8, Ferguson Road, West Derby, Liverpool, Merseyside L11 8LG3
£132.5K03/210.34 mi23, Circular Road West, Liverpool, Merseyside L11 1AY3
£140K06/210.35 mi14, Kinmel Close, Liverpool, Merseyside L4 8RY3
£127K05/210.35 mi108, Utting Avenue East, Liverpool, Merseyside L11 1DH3
£115K05/210.35 mi104, Utting Avenue East, Liverpool, Merseyside L11 1DH3
£130K03/210.35 mi148, Utting Avenue East, Liverpool, Merseyside L11 1DH3
£177.5K12/220.36 mi14, Strawberry Road, Liverpool, Merseyside L11 7AD3
£140K06/210.36 mi14, Kinmel Close, Liverpool, Merseyside L4 8RY3
£122K10/220.36 mi128, Utting Avenue East, Liverpool, Merseyside L11 1DH3
£129K11/220.36 mi14, Abbotsford Road, Norris Green, Liverpool, Merseyside L11 5BA3
£145K11/220.37 mi6, Broad Square, Liverpool, Merseyside L11 1BS3
£80K12/200.37 mi410, Cherry Lane, Liverpool, Merseyside L4 8TT3
£175K12/200.37 mi7, Carlisle Close, Liverpool, Merseyside L4 8RU3
£118K12/200.37 mi5, Grenfell Road, Liverpool, Merseyside L13 9BY3
£187K06/230.37 mi12, Grenfell Road, Liverpool, Merseyside L13 9BY3
£125K06/210.37 mi1, Netherwood Road, Liverpool, Merseyside L11 5AU3
£140K10/220.37 mi94, Lorenzo Drive, Liverpool, Merseyside L11 1BN3
£150K11/210.41 mi26, Java Road, Liverpool, Merseyside L4 9XT3
£130K02/230.41 mi19, Lindsay Road, Liverpool, Merseyside L4 8SR3
£150K01/230.42 mi8, Monash Road, Liverpool, Merseyside L11 8NT3
£117K06/210.42 mi127, Richard Kelly Drive, Liverpool, Merseyside L4 9XX3
£95.5K03/210.43 mi9, Farrar Street, Liverpool, Merseyside L13 9DH3
£160K10/220.44 mi2, Lindsay Road, Liverpool, Merseyside L4 8SR3
£89K10/210.44 mi49, Fairmead Road, Liverpool, Merseyside L11 5AT3

Local Rents

25 rents from £795/mo to £2.5K/mo, average is £960/mo.

RentDateDistanceAddressBeds 
£92507/240.16 miUtting Avenue East, West Derby, Liverpool, L113
£90011/240.16 mi-3
£1,25001/250.2 mi-3
£1,00006/240.21 mi-3
£1,00006/240.21 miWapshare Rd, Liverpool, L113
£1,10001/250.31 mi-3
£95003/240.41 mi-3
£95003/240.41 mi-3
£96001/250.43 mi-3
£95004/240.45 miVanilla Close L113
£2,50008/240.53 mi-3
£95002/250.53 mi-3
£95002/250.53 mi-3
£95012/240.54 mi-3
£95004/240.54 mi-3
£85003/240.55 mi-3
£1,17507/240.55 miNorris Green Phase 3, L113
£1,02504/240.55 miChicory Way, Liverpool, L11 2AX3
£1,10006/240.55 miChicory Way, Norris Green, Liverpool, L113
£97503/240.55 mi-3
£1,00007/240.56 miDrummond Road, L43
£1,00007/240.56 miDrummond Road, L43
£79505/240.58 mi-3
£1,10002/250.59 mi-3
£85007/240.6 mi-3

Local Area Statistics

Population in L11

25,335

Population in Liverpool

675,519

Town centre distance

2.23 miles away

Nearest school

0.30 miles away

Nearest train station

1.74 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £115,000

February 27, 2025

Description

  • Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 03 April 2025 at +
  • Virtual Livestream Online Auction +
  • Lot Number : 30 +
  • Vacant Residential +
  • Freehold +
  • £115,000 + +

A 3 bedroomed semi detached house benefiting from double glazing, central heating, a driveway and rear garden. The property is in good order throughout and would be suitable for investment purposes with a potential rental income of approximately £11,400 per annum.

Situated
Fronting Broad Lane close to it's junction with Townsend Avenue in a popular and well established residential location close to local amenities, schooling and approximately 6 miles from Liverpool City Centre.

Ground Floor
Porch Entrance, Through Lounge/Dining Room, Kitchen, Bathroom/WC.

First Floor
3 Bedrooms, 1 with en-suite Shower/WC.

Outside
Driveway, Garden to the rear.

Council Tax Band
A

EPC Rating
E

GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Agent Details

Sutton Kersh Auction, Liverpool - Auction

0151 207 6315

Next Steps?

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