2 Bed Terraced House, Refurb/BRRR, Liverpool, L5 6PE, £70,000

Handfield Street, Liverpool, Merseyside, L5 6PE - 13 views - a month ago

Refurb/BRRR
ROI: 7%
~68 m²
+2 photos

ValuationFair Value

Sold Prices£42.5K - £155K
Sold Prices/m²£549/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£71,400

 

 

End Value (After Refurb)

£91,576

Uplift in Value

+31%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Refurb Costs

£28,800

Bridging Loan Interest

£1,838

Total Cash In

£54,588

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£91,576

Mortgage (After Refinance)

£68,682

Mortgage LTV

75%

Cash Released

£16,182

Cash Left In

£38,405

Equity

£22,894

Rent Range

£481 - £2,440

Rent Estimate

£797

Running Costs/mo

£466

Cashflow/mo

£331

Cashflow/yr

£3,977

ROI

7%

Gross Yield

14%

Local Sold Prices

50 sold prices from £42.5K to £155K, average is £72.5K. £549/m² to £3.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£68K07/210.01 mi41, Handfield Street, Liverpool, Merseyside L5 6PE2
£55K07/240.02 mi18, Stockbridge Street, Liverpool, Merseyside L5 6PB2
£72K11/230.02 mi87, Stockbridge Street, Liverpool, Merseyside L5 6PA2
£70K10/200.04 mi36, Heyes Street, Liverpool, Merseyside L5 6SG2
£140K04/220.04 mi36, Heyes Street, Liverpool, Merseyside L5 6SG2
£132K01/220.1 mi5, Tynemouth Close, Liverpool, Merseyside L5 4TW2
£65K04/230.1 mi86, Rydal Street, Liverpool, Merseyside L5 6QR2
£155K04/240.1 mi3, Tynemouth Close, Liverpool, Merseyside L5 4TW2
£77K03/230.11 mi97, Ullswater Street, Liverpool, Merseyside L5 6QU2
£70K10/230.11 mi39, Faraday Street, Liverpool, Merseyside L5 6PL2
£52K10/200.11 mi21, Faraday Street, Liverpool, Merseyside L5 6PL2
£70K10/210.14 mi16, Rydal Street, Liverpool, Merseyside L5 6QS2
£73K06/220.14 mi62, Rydal Street, Liverpool, Merseyside L5 6QS2
£96.5K03/240.17 mi142, Little Heyes Street, Liverpool, Merseyside L5 6SQ2
£45K01/210.17 mi146, Little Heyes Street, Liverpool, Merseyside L5 6SQ2
£135K03/240.17 mi93, Little Heyes Street, Liverpool, Merseyside L5 6SF2
£55K12/200.17 mi93, Little Heyes Street, Liverpool, Merseyside L5 6SF2
£81K01/210.17 mi59, Coniston Street, Liverpool, Merseyside L5 6QY2
£62.5K12/220.17 mi36, Ullswater Street, Liverpool, Merseyside L5 6QX2
£118K05/210.2 mi17, Davy Street, Liverpool, Merseyside L5 1XP2
£140K01/230.2 mi45, Halkyn Drive, Liverpool, Merseyside L5 4TJ2
£150K07/220.21 mi25, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£149.9K06/240.24 mi62, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£125K07/210.24 mi14, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£136K02/220.24 mi47, Harrogate Drive, Liverpool, Merseyside L5 4TE2
£148K08/220.27 mi44, Landseer Road, Liverpool, Merseyside L5 4PN2
£68.5K03/230.29 mi35, Bala Street, Liverpool, Merseyside L4 2QN2
£132K11/230.3 mi132, Hartnup Street, Liverpool, Merseyside L5 1UR2
£148.5K03/230.32 mi28, Eastlake Avenue, Liverpool, Merseyside L5 4SX2
£135K01/240.37 mi5, Wentworth Drive, Liverpool, Merseyside L5 4SY2
£78.8K04/230.42 mi46, Newcombe Street, Liverpool, Merseyside L6 5AW2
£70.5K10/200.43 mi89, Newcombe Street, Liverpool, Merseyside L6 5AN2
£81K05/210.44 mi68, Pendennis Street, Liverpool, Merseyside L6 5AQ2
£50K02/210.44 mi46, Sedley Street, Liverpool, Merseyside L6 5AF2
£65K04/230.44 mi28, Sedley Street, Liverpool, Merseyside L6 5AF2
£89.7K11/210.45 mi81, Sedley Street, Liverpool, Merseyside L6 5AE2
£121.3K11/230.45 mi2, Goschen Street, Everton, Liverpool, Merseyside L5 1TA2
£68K02/210.46 mi31, Harrow Road, Liverpool, Merseyside L4 2TH2
£134K02/230.47 mi14, Atwell Street, Liverpool, Merseyside L6 2BL2
£49K07/210.48 mi4, Balfour Street, Liverpool, Merseyside L4 0SD2
£102.5K06/230.48 mi29, Balfour Street, Liverpool, Merseyside L4 0SD2
£56K10/200.51 mi39, Hanwell Street, Liverpool, Merseyside L6 0AN2
£63K05/210.52 mi21, Randolph Street, Liverpool, Merseyside L4 0SA2
£56K04/210.52 mi34, Randolph Street, Liverpool, Merseyside L4 0SA2
£65K03/210.52 mi6, Redcar Street, Liverpool, Merseyside L6 0AJ2
£69K03/210.52 mi21, Redcar Street, Liverpool, Merseyside L6 0AJ2
£42.5K03/210.52 mi2, Redcar Street, Liverpool, Merseyside L6 0AJ2
£65K01/230.52 mi20, Redcar Street, Liverpool, Merseyside L6 0AJ2
£65K02/210.52 mi4, Redcar Street, Liverpool, Merseyside L6 0AJ2
£90K10/220.54 mi22, Mayfair Close, Anfield, Liverpool, Merseyside L6 5JS2

Local Rents

51 rents from £481/mo to £2.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£77012/240.04 mi-2
£50304/240.15 miFlat 3, 67 St. Domingo Grove, Liverpool, Merseyside, L52
£48112/240.15 miSt. Domingo Grove, Liverpool, Merseyside, L52
£89501/250.17 mi-2
£80012/240.22 mi-2
£80006/240.26 miOakfield Road, Anfield, L4 2QF2
£75004/240.27 mi-2
£75002/250.29 mi-2
£79510/240.29 miStonehill Street, Anfield, Liverpool, Merseyside, L42
£70006/240.3 miStonehill Street, Liverpool, L42
£65008/240.3 miStonehill Street, Anfield, Liverpool, L42
£70008/240.32 mi-2
£80001/250.32 mi-2
£75009/240.32 mi-2
£65005/240.33 miDobson Street, Liverpool2
£75008/240.34 mi-2
£75008/240.34 mi-2
£75007/240.34 miStonehill Street, Liverpool, L42
£75008/240.34 miStonehill Street, Liverpool, L42
£75012/240.36 mi-2
£62502/240.36 mi-2
£62504/250.36 mi-2
£60006/240.39 miLyon Road, Anfield, Liverpool2
£89505/240.41 miEsmond Street, Liverpool2
£85008/240.41 miAnfield, LIVERPOOL, L6 5AY2
£76008/240.42 mi-2
£76008/240.42 mi-2
£80005/240.44 miSedley Street, Tuebrook, L6 5AF2
£75001/240.44 mi-2
£62507/240.45 miSedley Street, Anfield2
£85008/240.45 miYork Villas, Walton Breck Road, Liverpool, Merseyside, L42
£67504/240.46 miHarrow Road, Liverpool, L42
£65002/240.46 mi-2
£67506/240.47 miHarrow Road, Liverpool2
£90012/240.48 mi-2
£85003/250.48 mi-2
£70004/240.48 mi-2
£80004/240.49 mi-2
£79512/240.49 mi-2
£80005/240.5 miGorst street, Anfield, L4 0SB2
£80006/240.5 miGorst street, Anfield, L4 0SB2
£80003/250.5 mi-2
£75009/240.5 miAlroy Road, Anfield, L4 0RP2
£50305/240.5 miLysander Close, Liverpool, Merseyside, L62
£1,40003/250.5 mi-2
£82507/240.51 mi-2
£2,44008/240.51 mi-2
£1,06709/240.51 mi-2
£69505/240.51 miHanwell Street, Tuebrook, L62
£80007/240.51 mi-2
£80006/240.51 miRandolph Street, Liverpool, L42

Local Area Statistics

Population in L5

12,865

Population in Liverpool

675,519

Town centre distance

2.44 miles away

Nearest school

0.30 miles away

Nearest train station

1.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+56%

Sales demand

Buyer's market

Capital growth (5yrs)

+16%

Property History

Listed for £70,000

March 3, 2025

Description

  • Two Good Sized Bedrooms +
  • Chain Free +
  • Breakfast Kitchen +
  • Family Sized Bathroom +

This is a remarkable opportunity to acquire a terraced house in need of renovation. Currently listed for sale, this property offers tremendous potential for aspiring homeowners or investors. Built in the classic style, the house is characterized by a robust construction that has stood the test of time, but is now awaiting the touch of modernity.

The home offers a traditional layout with one reception room, perfect for entertaining or relaxing. The property benefits from a single kitchen, providing ample space for culinary activities. With two bedrooms, this house can comfortably accommodate a small family or professionals. The presence of a single bathroom underlines the practicality of this home.

Despite its need for renovation, the property holds an EPC rating of 'C', showcasing its potential for energy efficiency. This, combined with a Council Tax Band 'A', makes it an economically sensible choice.

The property is chain-free, providing a smooth transaction for the new owner without the worry of being stuck in a property chain. The house is ready and waiting, calling for an owner who can harness its potential and transform it into a dream home.

Please note, the property is in need of works, making it ideal for those looking to implement their personal touch and style. This is a prime opportunity to purchase a property with the potential to increase in value after renovation. Don't miss this unique opportunity to create your own bespoke home.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIV250005/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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