2 Bed Detached House, Refurb/BRRR, Liverpool, L11 4RU, £169,500

Coronet Road, Liverpool, L11 4RU - a month ago

Under Offer
Leasehold
Refurb/BRRR
ROI: 1%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£40K - £278K
Sold Prices/m²£885/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£135,003

 

 

End Value (After Refurb)

£161,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,375

Stamp Duty & Legal Fees

£9,675

Refurb Costs

£28,709

Bridging Loan Interest

£4,449

Total Cash In

£86,959

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£161,000

Mortgage (After Refinance)

£120,750

Mortgage LTV

75%

Cash Left In

£86,959

Equity

£40,250

Rent Range

£495 - £875

Rent Estimate

£765

Running Costs/mo

£676

Cashflow/mo

£89

Cashflow/yr

£1,067

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £40K to £278K, average is £120.8K. £885/m² to £4.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£73K09/220.01 mi4, Coronet Road, Liverpool, Merseyside L11 4RU2
£40K09/210.11 mi52, Sceptre Road, Liverpool, Merseyside L11 4TG2
£148K01/230.15 mi15, Oakhill Close, West Derby, Liverpool, Merseyside L12 0JR2
£97K07/210.16 mi17, Armill Road, Liverpool, Merseyside L11 4TR2
£105K01/210.16 mi19, Delamere Close, Liverpool, Merseyside L12 0LF2
£113K03/210.16 mi14, Delamere Close, Liverpool, Merseyside L12 0LF2
£120K11/210.18 mi2, Abbeyfield Drive, Liverpool, Merseyside L12 0JP2
£118K03/210.18 mi16, Abbeyfield Drive, Liverpool, Merseyside L12 0JP2
£93K01/230.22 mi94, Sceptre Road, Liverpool, Merseyside L11 4TQ2
£86K11/220.22 mi46, Carr Lane East, Liverpool, Merseyside L11 4SQ2
£117K11/220.26 mi97, Fieldton Road, Liverpool, Merseyside L11 9AF2
£115K11/200.29 mi55, Ashwater Road, Liverpool, Merseyside L12 0RJ2
£130K07/210.3 mi173, Hebden Road, Liverpool, Merseyside L11 9AN2
£140K03/230.31 mi11, Fir Tree Drive North, Liverpool, Merseyside L12 0JD2
£123K10/220.33 mi32, Riviera Drive, Liverpool, Merseyside L11 4US2
£110K10/210.35 mi60, Pinewood Avenue, West Derby, Liverpool, Merseyside L12 0JB2
£121.5K05/230.35 mi45, Pinewood Avenue, West Derby, Liverpool, Merseyside L12 0JB2
£85K03/210.36 mi95, Riviera Drive, Liverpool, Merseyside L11 4UR2
£125K03/230.36 mi29, Riviera Drive, Liverpool, Merseyside L11 4UR2
£77K11/200.44 mi11, Cubert Road, Liverpool, Merseyside L11 0BU2
£172.5K02/230.44 mi18, Newholme Close, Liverpool, Merseyside L12 0JG2
£135K01/210.46 mi17, Bradbourne Close, Liverpool, Merseyside L12 0JL2
£89K04/210.5 mi202, Lower House Lane, Liverpool, Merseyside L11 2SJ2
£135K11/200.52 mi5, Millgreen Close, Liverpool, Merseyside L12 0BB2
£110K06/210.53 mi8, Haverton Walk, Liverpool, Merseyside L12 0JH2
£160K05/210.57 mi6, Staplehurst Close, Liverpool, Merseyside L12 0NH2
£110K03/210.58 mi7, Oakley Close, Liverpool, Merseyside L12 0BQ2
£85K08/210.6 mi3, Uldale Way, Liverpool, Merseyside L11 2UA2
£125K02/230.65 mi20, Middle Way, Liverpool, Merseyside L11 6LY2
£111K01/230.65 mi5, Dalewood, West Derby, Liverpool, Merseyside L12 0JT2
£245K10/220.66 mi3, Pembury Close, Liverpool, Merseyside L12 0NW2
£86K03/230.67 mi77, Delabole Road, Liverpool, Merseyside L11 6LQ2
£150K04/210.67 mi4, Culzean Close, Liverpool, Merseyside L12 0LD2
£96K07/210.7 mi32, Cottesbrook Road, Liverpool, Merseyside L11 3AF2
£245K05/210.7 mi23, Westfield Drive, Liverpool, Merseyside L12 0LB2
£135K07/210.72 mi16, Chigwell Close, Liverpool, Merseyside L12 0LP2
£180K05/210.72 mi11, Chigwell Close, Liverpool, Merseyside L12 0LP2
£235K07/230.72 mi18, Chigwell Close, Liverpool, Merseyside L12 0LP2
£135K07/210.72 mi16, Chigwell Close, Liverpool, Merseyside L12 0LP2
£235K12/220.72 mi4, Chigwell Close, Liverpool, Merseyside L12 0LP2
£152K12/220.72 mi63, Abbotsbury Way, Liverpool, Merseyside L12 0PF2
£125K01/230.74 mi2, Homestall Road, Liverpool, Merseyside L11 2TX2
£89K10/200.77 mi4, Sherwood Court, West Derby, Liverpool, Merseyside L12 0NA2
£122K12/200.8 mi47, The Oaks, Liverpool, Merseyside L12 0PQ2
£165K12/200.84 mi48, Woodvale Road, West Derby, Liverpool, Merseyside L12 0PE2
£145K07/230.94 mi63, Allerford Road, Liverpool, Merseyside L12 4XW2
£278K06/230.95 mi64, Coachmans Drive, Liverpool, Merseyside L12 0HX2
£98K04/210.96 mi10, Tewkesbury Close, West Derby, Liverpool, Merseyside L12 0PR2
£98K04/210.96 mi10, Tewkesbury Close, West Derby, Liverpool, Merseyside L12 0PR2
£109K11/200.98 mi38, Mullwood Close, Liverpool, Merseyside L12 0DF2

Local Rents

12 rents from £495/mo to £875/mo, average is £788/mo.

RentDateDistanceAddressBeds 
£49505/230.1 mi-2
£85004/240.22 miCarr Lane East, Liverpool2
£77506/240.35 miStorrington Avenue, Liverpool2
£77506/240.35 miStorrington Avenue, Liverpool2
£77507/240.35 miStorrington Avenue, Liverpool2
£74504/240.36 mi-2
£87505/240.39 miMarshgate Road, Liverpool, Merseyside, L122
£87505/240.39 miMarshgate Road, Liverpool, Merseyside, L122
£72505/240.41 miAltcross Road2
£80002/240.42 mi-2
£80003/240.42 mi-2
£80005/240.61 miCarr Lane, West Derby, Liverpool, Merseyside, L112

Local Area Statistics

Population in L11

25,335

Population in Liverpool

675,519

Town centre distance

3.22 miles away

Nearest school

0.30 miles away

Nearest train station

2 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £169,500

March 11, 2025

Floor Plans

Description

  • Detached Home +
  • Two Double Bedrooms +
  • Fully Renovated Property +
  • No Chain +
  • New Heating System +
  • Re-Wired +
  • Re-Plastered +
  • New Kitchen +

The Property
This recently fully refurbished property offers a modern and inviting living space. As you enter, you are greeted by an entrance hallway that sets the tone for the rest of the home. The ground floor features a spacious living area, providing ample room for relaxation and entertaining guests. The large kitchen is a highlight of the property, offering plenty of space for cooking and dining.

Moving to the first floor, you will find two double bedrooms that provide comfortable and private spaces for rest and relaxation. The bathroom is well-appointed and offers all the necessary amenities.

Externally, the property boasts well-sized front and rear gardens, providing opportunities for outdoor activities and gardening enthusiasts. Additionally, on-street parking is available, ensuring convenience for residents and their guests.

Overall, this recently refurbished property offers a desirable combination of modern living spaces, comfortable bedrooms, and outdoor areas, making it an ideal choice for those seeking a comfortable and convenient home.

General Information
This fully refurbished property boasts a range of impressive features that are sure to enhance your living experience. The recent renovations include a brand new kitchen, bathroom, and rewired electrics, ensuring a modern and functional space for your daily activities. Additionally, the property offers new floors throughout, providing a fresh and contemporary aesthetic.

To further enhance comfort and energy efficiency, the property benefits from central heating, ensuring a cozy and warm environment during colder months. The double glazed new windows not only contribute to the property's overall aesthetic appeal but also help to reduce noise and improve insulation, resulting in lower energy costs.

Furthermore, this property has been awarded an EPC rating of C, indicating its energy efficiency and commitment to reducing environmental impact. With this rating, you can expect lower energy costs and a more sustainable living experience.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 06/09/2971

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 💪