2 Bed Terraced House, Refurb/BRRR, Liverpool, L26 0TX, £145,000

Leathers Lane, Halewood, Liverpool, Merseyside, L26 0TX - 2 views - a month ago

Refurb/BRRR
ROI: 3%
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£82.5K - £300K
Sold Prices/m²£1.4K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£149,350
BMV3%

 

 

End Value (After Refurb)

£126,067

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Refurb Costs

£28,709

Bridging Loan Interest

£3,806

Total Cash In

£78,965

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£126,067

Mortgage (After Refinance)

£94,550

Mortgage LTV

75%

Cash Left In

£78,965

Equity

£31,517

Rent Range

£585 - £950

Rent Estimate

£799

Running Costs/mo

£574

Cashflow/mo

£225

Cashflow/yr

£2,703

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £82.5K to £300K, average is £148.8K. £1.4K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£118K01/230.09 mi6, Merstone Close, Liverpool, Merseyside L26 9YE2
£156K11/200.23 mi44, Oakwood Road, Liverpool, Merseyside L26 1XH2
£110.3K06/210.23 mi23, Wensley Avenue, Liverpool, Merseyside L26 0SU2
£101.3K06/210.23 mi19, Wensley Avenue, Liverpool, Merseyside L26 0SU2
£300K05/230.35 mi184, Higher Road, Liverpool, Merseyside L26 1UW2
£143.5K07/210.39 mi4, Hatherton Grove, Liverpool, Merseyside L26 9YQ2
£160K10/200.39 mi1, Mansell Drive, Liverpool, Merseyside L26 1TU2
£147K12/200.4 mi49, Trispen Close, Liverpool, Merseyside L26 7YP2
£165K04/230.4 mi32, Trispen Close, Liverpool, Merseyside L26 7YP2
£87.5K11/200.41 mi43, Rainbow Drive, Halewood, Liverpool, Merseyside L26 7AG2
£150K11/200.43 mi82, Crantock Close, Halewood, Liverpool, Merseyside L26 0XQ2
£145K06/210.44 mi48, Crantock Close, Halewood, Liverpool, Merseyside L26 0XQ2
£160K07/230.44 mi61, Lichfield Road, Halewood, Liverpool, Merseyside L26 1YE2
£150K03/230.44 mi67, Lichfield Road, Halewood, Liverpool, Merseyside L26 1YE2
£155K10/210.45 mi7, Almond Close, Liverpool, Merseyside L26 1XL2
£150K01/210.46 mi128, Trispen Close, Liverpool, Merseyside L26 7YS2
£185K02/230.46 mi136, Trispen Close, Liverpool, Merseyside L26 7YS2
£130K11/210.47 mi11, Beechfield Close, Liverpool, Merseyside L26 1YQ2
£110K02/210.47 mi21, Beechfield Close, Liverpool, Merseyside L26 1YQ2
£220K11/220.48 mi6, Sandhurst Road, Liverpool, Merseyside L26 9YA2
£117K03/230.49 mi5, Lichfield Road, Halewood, Liverpool, Merseyside L26 1YD2
£183K05/230.49 mi24, St Ives Way, Liverpool, Merseyside L26 7YW2
£147.5K12/200.49 mi29, St Ives Way, Liverpool, Merseyside L26 7YW2
£160K03/230.49 mi8, St Ives Way, Liverpool, Merseyside L26 7YW2
£175K07/210.49 mi23, Baileys Lane, Halewood, Liverpool, Merseyside L26 2XB2
£116.5K07/210.51 mi63, Torrington Drive, Liverpool, Merseyside L26 1YG2
£141K05/210.51 mi16, Aldersgate Drive, Liverpool, Merseyside L26 9YB2
£156.5K07/220.52 mi10, Aldersgate Drive, Liverpool, Merseyside L26 9YB2
£82.5K10/210.53 mi2h, Torrington Drive, Liverpool, Merseyside L26 1TP2
£157.5K04/210.58 mi29, Carlyon Way, Liverpool, Merseyside L26 7YB2
£153K11/210.63 mi1, Curlew Grove, Liverpool, Merseyside L26 7WF2
£135K06/230.63 mi2, Curlew Grove, Liverpool, Merseyside L26 7WF2
£145K03/230.64 mi10, Chudleigh Close, Liverpool, Merseyside L26 7AB2
£250K08/230.67 mi56, Elworthy Avenue, Liverpool, Merseyside L26 7AA2
£140K01/210.67 mi9, Brambling Park, Liverpool, Merseyside L26 7WE2
£140K01/210.67 mi9, Brambling Park, Liverpool, Merseyside L26 7WE2
£180K06/230.67 mi7, Brambling Park, Liverpool, Merseyside L26 7WE2
£140K01/210.67 mi9, Brambling Park, Liverpool, Merseyside L26 7WE2
£137.5K11/200.68 mi85, Turnstone Drive, Liverpool, Merseyside L26 7WP2
£180K12/220.69 mi9, Sandpiper Grove, Liverpool, Merseyside L26 7WN2
£133K12/200.7 mi101, Stanford Crescent, Liverpool, Merseyside L25 9PL2
£155K07/210.7 mi83, Stanford Crescent, Halewood, Liverpool, Merseyside L25 9PL2
£110K10/200.7 mi99, Stanford Crescent, Halewood, Liverpool, Merseyside L25 9PL2
£173K03/240.74 mi81, Arncliffe Road, Liverpool, Merseyside L25 9QD2
£135K08/210.75 mi17, Foxglove Avenue, Liverpool, Merseyside L26 7AN2
£136K10/200.75 mi8, Foxglove Avenue, Liverpool, Merseyside L26 7AN2
£139K12/200.75 mi24, Foxglove Avenue, Liverpool, Merseyside L26 7AN2
£173K12/220.75 mi10, Foxglove Avenue, Liverpool, Merseyside L26 7AN2
£175K10/220.75 mi28, Foxglove Avenue, Liverpool, Merseyside L26 7AN2
£167.5K09/230.76 mi75, Abberley Road, Liverpool, Merseyside L25 9QY2

Local Rents

13 rents from £585/mo to £950/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£89505/240.39 miTrispen Close, Halewood, Liverpool, L26 7YP2
£75012/240.4 miTrispen Close, Liverpool, Merseyside. L26 7YP2
£87503/240.72 mi-2
£80010/230.77 mi-2
£82505/240.81 miApplewood Court, Halewood, Liverpool, L26 6BQ2
£72510/230.9 mi-2
£58503/231.11 mi-2
£80008/241.12 mi-2
£95012/231.12 mi-2
£95012/231.12 mi-2
£68504/231.16 mi-2
£75004/241.19 miAlderman Road, Hunts Cross, L242
£80004/241.23 miHansby Drive, Speke, LIVERPOOL2

Local Area Statistics

Population in L26

15,149

Population in Liverpool

675,519

Town centre distance

9.04 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £145,000

March 6, 2025

Floor Plans

Description

A 2 bedroom mid town house property located on Leathers Lane in Halewood.

Situated on Leathers Lane in Halewood, this 2-bedroom mid-townhouse is perfect for first-time buyers or those looking to step onto the property ladder.

The ground floor offers a welcoming porch, a spacious living room, and a kitchen with access to the rear garden. Upstairs, you’ll find two well-proportioned bedrooms and a family bathroom.

Externally, the property benefits from an enclosed paved garden to the front and a generous rear garden, ideal for outdoor relaxation or entertaining.

This home is being sold with no onward chain, providing a hassle-free purchase process. While the property is in need of some upgrading, it presents a fantastic opportunity to put your own stamp on it and create a space tailored to your needs.

Located in a popular area, the property is close to local amenities, schools, and transport links. Don't miss out on this chance to secure an affordable home with flexible ownership options.

Contact us today to arrange a viewing!

Should you proceed with an offer on this property that is accepted, we have a legal obligation to perform Anti Money Laundering checks on behalf of HMRC. We use our compliance partner, Coadjute, to perform these checks, for which they charge a fee.

Agent Details

Whitegates, Woolton

0151 453 3725

Next Steps?

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