3 Bed Terraced House, Refurb/BRRR, Liverpool, L11 8NN, £155,000

3-bedroom mid-terrace property, Asser Road, Liverpool, L11 8NN - 1 views - a month ago

Refurb/BRRR
ROI: 4%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£55K - £187K
Sold Prices/m²£585/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£130,101

 

 

End Value (After Refurb)

£155,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£8,950

Refurb Costs

£39,200

Bridging Loan Interest

£4,069

Total Cash In

£92,719

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£155,000

Mortgage (After Refinance)

£116,250

Mortgage LTV

75%

Cash Left In

£92,719

Equity

£38,750

Rent Range

£675 - £2,250

Rent Estimate

£993

Running Costs/mo

£703

Cashflow/mo

£290

Cashflow/yr

£3,480

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £55K to £187K, average is £135K. £585/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£105K01/210.07 mi10, Cavan Road, Liverpool, Merseyside L11 8LP3
£164K02/230.07 mi13, Asser Road, Liverpool, Merseyside L11 8NJ3
£120K03/230.08 mi8, Ferguson Road, West Derby, Liverpool, Merseyside L11 8LG3
£150K01/230.08 mi8, Monash Road, Liverpool, Merseyside L11 8NT3
£177.5K11/220.12 mi75, Wapshare Road, Liverpool, Merseyside L11 8LR3
£174K12/220.12 mi14, Durrant Road, Liverpool, Merseyside L11 8LH3
£55K10/210.12 mi1, Birdwood Road, Liverpool, Merseyside L11 8NS3
£128K06/210.12 mi10, Birdwood Road, Liverpool, Merseyside L11 8NS3
£108.5K01/210.12 mi22, Birdwood Road, Liverpool, Merseyside L11 8NS3
£145K10/220.12 mi21, Birdwood Road, Liverpool, Merseyside L11 8NS3
£110K01/230.13 mi26, Birdwood Road, Liverpool, Merseyside L11 8NS3
£140K02/230.16 mi111, Asser Road, Liverpool, Merseyside L11 8NL3
£87K04/210.17 mi33, Lowerson Crescent, Liverpool, Merseyside L11 8LD3
£165K11/220.17 mi69, Wapshare Road, Liverpool, Merseyside L11 8LR3
£118K12/200.18 mi5, Grenfell Road, Liverpool, Merseyside L13 9BY3
£187K06/230.18 mi12, Grenfell Road, Liverpool, Merseyside L13 9BY3
£136.2K03/210.19 mi5, Angus Road, Liverpool, Merseyside L11 8NP3
£137K06/210.19 mi85, Queens Drive, West Derby, Liverpool, Merseyside L13 0AB3
£135K06/210.2 mi19, Lowerson Road, Liverpool, Merseyside L11 8LN3
£105K04/210.21 mi44, Morningside Road, Liverpool, Merseyside L11 1AU3
£145K11/220.22 mi6, Broad Square, Liverpool, Merseyside L11 1BS3
£152.5K08/210.22 mi75, Larkhill Lane, Clubmoor, Liverpool, Merseyside L13 9BN3
£135K10/210.23 mi41, Broad Square, Liverpool, Merseyside L11 1BR3
£132K11/210.23 mi63, Broad Square, Liverpool, Merseyside L11 1BR3
£132K01/210.23 mi42, Agar Road, Liverpool, Merseyside L11 8NQ3
£145K11/200.23 mi16, Agar Road, Liverpool, Merseyside L11 8NQ3
£132.5K03/210.25 mi23, Circular Road West, Liverpool, Merseyside L11 1AY3
£145K11/210.25 mi172, Queens Drive, West Derby, Liverpool, Merseyside L13 0AL3
£120K07/210.25 mi36, New Hall Lane, Liverpool, Merseyside L11 8LU3
£142K03/210.25 mi171, Muirhead Avenue, Liverpool, Merseyside L13 0AX3
£96K12/200.26 mi7, Morningside Place, Liverpool, Merseyside L11 1BA3
£170K07/210.27 mi27, Adair Road, Liverpool, Merseyside L13 9BT3
£171.5K04/230.27 mi20, Adair Road, Liverpool, Merseyside L13 9BT3
£150K01/210.28 mi2, Adair Place, Liverpool, Merseyside L13 9BU3
£103K11/200.3 mi11, Broad Place, Liverpool, Merseyside L11 1BP3
£140K10/220.3 mi94, Lorenzo Drive, Liverpool, Merseyside L11 1BN3
£175K10/220.3 mi11, Broad Place, Liverpool, Merseyside L11 1BP3
£126K10/200.31 mi82, Townsend Avenue, Norris Green, Liverpool, Merseyside L11 8NE3
£95.5K03/210.31 mi9, Farrar Street, Liverpool, Merseyside L13 9DH3
£148K02/210.32 mi138, Muirhead Avenue, Liverpool, Merseyside L13 0AZ3
£140.4K07/230.32 mi144, Muirhead Avenue, Liverpool, Merseyside L13 0AZ3
£118K01/210.33 mi22, Sandyville Road, Liverpool, Merseyside L4 8UR3
£155K05/210.33 mi64, Sandyville Road, Liverpool, Merseyside L4 8UR3
£126K11/200.33 mi443, Queens Drive, Walton, Liverpool, Merseyside L4 8TY3
£120K12/220.33 mi405, Queens Drive, Walton, Liverpool, Merseyside L4 8TY3
£80K12/200.34 mi410, Cherry Lane, Liverpool, Merseyside L4 8TT3
£120K12/200.34 mi15, Garsfield Road, Liverpool, Merseyside L4 8UJ3
£135K08/220.35 mi23, Sandyville Road, Liverpool, Merseyside L4 8UP3
£110K02/230.37 mi29, Broad Lane, Norris Green, Liverpool, Merseyside L11 8LY3
£93K02/210.39 mi36, Lorenzo Drive, Liverpool, Merseyside L11 1BQ3

Local Rents

52 rents from £675/mo to £2.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,00006/240.16 miWapshare Rd, Liverpool, L113
£1,00006/240.16 mi-3
£95012/240.28 mi-3
£96001/250.35 mi-3
£1,10010/230.37 miAntrim Street, Tuebrook, L133
£90005/240.38 miWestcliffe Road, Liverpool, L123
£90004/240.38 mi-3
£87505/240.38 miLisburn Lane, Liverpool, Merseyside, L133
£95005/240.39 miAntirm Street, L133
£1,10005/240.39 miAntrim Street, L133
£75005/240.39 miAntrim Street, Liverpool, L133
£90005/240.4 mi-3
£95008/240.41 miKnoclaid Road, Liverpool, Merseyside, L133
£95004/240.42 miVanilla Close L113
£92509/240.43 miKnoclaid Road, Tuebrook, L133
£87012/240.43 mi-3
£87012/240.43 mi-3
£92507/240.44 miUtting Avenue East, West Derby, Liverpool, L113
£85012/240.44 mi-3
£90011/240.44 mi-3
£75006/240.47 mi-3
£1,00012/240.49 mi-3
£79505/240.49 mi-3
£82004/240.51 miMissouri Road, Liverpool, Merseyside, L133
£95008/240.51 miPortrush Street, Tuebrook, L13 8BU3
£95003/240.52 mi-3
£95003/240.52 mi-3
£1,25001/250.53 mi-3
£90006/240.53 miMeade Road, Tuebrook, Liverpool, L133
£67506/240.55 miWitton Road, Liverpool, L133
£80005/240.55 miWitton Road, Tuebrook, L133
£1,00012/240.55 mi-3
£1,00003/250.55 mi-3
£1,00009/240.55 mi-3
£1,10011/240.55 mi-3
£2,25012/240.55 mi-3
£1,10006/240.55 mi-3
£1,20012/240.55 mi-3
£1,10005/240.55 miWalney Road, Liverpool, L123
£95005/240.55 miWalney Terrace, Liverpool, L123
£90007/240.56 miGlamis Road, L13 8DL3
£1,17507/240.57 miNorris Green Phase 3, L113
£1,10002/250.57 mi-3
£75003/250.59 mi-3
£1,10004/240.59 miWalney Road, West Derby, L123
£1,10004/240.6 mi-3
£1,00005/240.6 mi-3
£1,00005/240.6 mi-3
£1,10001/250.6 mi-3
£1,10012/240.6 mi-3
£1,00002/250.6 mi-3
£89504/240.6 miFordlea Road, West Derby, Liverpool, L123

Local Area Statistics

Population in L11

25,335

Population in Liverpool

675,519

Town centre distance

2.54 miles away

Nearest school

0.20 miles away

Nearest train station

2.07 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £155,000

March 3, 2025

Floor Plans

Description

  • No Chain +
  • Terrace Property +
  • Three Bedrooms +
  • Request Viewings 24/7 +
  • Front And Rear Garden +
  • Surrounded By Amenities +
  • Perfect For First Time Buyers +

The Property
This spacious 3-bedroom mid-terrace property, located on Asser Road, Liverpool, L11 8NN, offers excellent potential for those looking to put their own stamp on a home. In need of updating, this property is ideal for first-time buyers, families, or anyone seeking a project to create their perfect living space.

As you enter the property, you're greeted by a generous hallway leading into a large open-plan lounge and dining room, offering ample space for relaxing and entertaining. The ground floor also houses the kitchen, which could be transformed into a modern, functional space to suit your needs.

Upstairs, you'll find three good-sized bedrooms, providing plenty of space for family living. There’s also a shower room and a separate bathroom, offering convenience and flexibility for a growing family.

Externally, the property benefits from a front garden with a paved path and a lawn on either side, creating a welcoming entrance. The rear garden is a real highlight, offering a spacious outdoor area that’s perfect for families, with ample room for children to play or for relaxing in the sunshine.

Situated in a popular area, the property is well-connected with easy access to local amenities, schools, and transport links. With so much potential, this property is a great opportunity for anyone looking to create a wonderful family home. Don’t miss out – arrange a viewing today!

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Liverpool

020 3907 2647

Next Steps?

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