5 Bed Terraced House, Refurb/BRRR, Wallasey, CH44 0EL, £130,000

Rudgrave Square, Wallasey, CH44 0EL - 10 views - a month ago

Sold STC
Refurb/BRRR
ROI: 2%
~178 m²
+12 photos

ValuationFair Value

Sold Prices£127K - £397.5K
Sold Prices/m²£748/m² - £3K/m²

 

 

Square Metres

~178.28 m²
Price/m²£729/m²

Value Estimate

£130,000

 

 

End Value (After Refurb)

£228,202

Uplift in Value

+76%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Refurb Costs

£75,160

Bridging Loan Interest

£3,413

Total Cash In

£120,522

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£228,202

Mortgage (After Refinance)

£171,152

Mortgage LTV

75%

Cash Released

£73,652

Cash Left In

£46,871

Equity

£57,051

Rent Range

£625 - £3,800

Rent Estimate

£1,203

Running Costs/mo

£974

Cashflow/mo

£229

Cashflow/yr

£2,751

ROI

2%

Gross Yield

11%

Local Sold Prices

33 sold prices from £127K to £397.5K, average is £237K. £748/m² to £3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£190K05/230 mi21, Rudgrave Square, Wallasey, Merseyside CH44 0EL5
£397.5K11/210.13 mi35, Seabank Road, Wallasey, Merseyside CH44 0EE5
£397.5K11/210.13 mi35, Seabank Road, Wallasey, Merseyside CH44 0EE5
£225K09/210.27 mi25, Serpentine Road, Wallasey, Merseyside CH44 0AT5
£227K03/230.29 mi38, Hawarden Avenue, Wallasey, Merseyside CH44 0AW5
£170K03/230.34 mi37, Falkland Road, Wallasey, Merseyside CH44 8EN5
£188K03/210.37 mi16, Trinity Road, Wallasey, Merseyside CH44 1BD5
£185K01/230.37 mi20, Clarendon Road, Wallasey, Merseyside CH44 8EL5
£380K12/220.37 mi15, Sandon Road, Wallasey, Merseyside CH44 8BZ5
£325K01/230.4 mi11, Caithness Drive, Wallasey, Merseyside CH45 7PN5
£169.9K07/230.4 mi15, Belgrave Street, Wallasey, Merseyside CH44 1BL5
£238.8K05/210.43 mi5, Wilson Road, Wallasey, Merseyside CH44 8BU5
£225K05/210.44 mi52, Manor Road, Wallasey, Merseyside CH44 1BY5
£375K12/220.44 mi14, Elgin Drive, Wallasey, Merseyside CH45 7PR5
£275K11/210.45 mi20, Elgin Drive, Wallasey, Merseyside CH45 7PR5
£266.3K07/220.56 mi6, Imperial Avenue, Wallasey, Merseyside CH45 7ND5
£127K11/200.58 mi9, Mainwaring Road, Wallasey, Merseyside CH44 9DN5
£240K04/210.59 mi26, Zig Zag Road, Wallasey, Merseyside CH45 7NZ5
£265K06/210.6 mi25, Hale Road, Wallasey, Merseyside CH45 7QT5
£300K02/210.61 mi22, Holland Road, Wallasey, Merseyside CH45 7RB5
£169K08/210.65 mi10 Somerville, Poulton Road, Wallasey, Merseyside CH44 9ED5
£205K06/230.65 mi9 Somerville, Poulton Road, Wallasey, Merseyside CH44 9ED5
£237K03/230.7 mi1, Eldon Road, Wallasey, Merseyside CH44 5UY5
£255K12/220.82 mi125, Seaview Road, Wallasey, Merseyside CH45 4NZ5
£142K06/210.84 mi15, Oxton Road, Wallasey, Merseyside CH44 4ET5
£235K11/200.85 mi31, Tancred Road, Wallasey, Merseyside CH45 4RT5
£225K05/210.87 mi126, Earlston Road, Wallasey, Merseyside CH45 5HD5
£271K05/230.88 mi52, Turret Road, Wallasey, Merseyside CH45 5HF5
£207.5K07/210.89 mi157, Seaview Road, Wallasey, Merseyside CH45 4PA5
£290K01/230.89 mi159, Seaview Road, Wallasey, Merseyside CH45 4PA5
£290K11/220.9 mi5, Westbank Avenue, Wallasey, Merseyside CH45 1NA5
£275K03/230.95 mi9, Ormiston Road, Wallasey, Merseyside CH45 5AU5
£175K03/230.96 mi187, Seaview Road, Wallasey, Merseyside CH45 4PB5

Local Rents

51 rents from £625/mo to £3.8K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£74812/230.05 mi-3
£3,80003/240.08 mi-6
£2,29505/240.08 mi-4
£2,29504/240.08 mi-4
£2,29504/240.08 mi-4
£2,40012/240.08 mi-4
£2,80002/250.08 mi-4
£2,80004/250.08 mi-4
£3,40003/250.08 mi-5
£3,40004/250.08 mi-5
£3,69504/250.09 mi-6
£79505/240.1 mi-4
£69505/240.1 miCharlotte Road, Wallasey3
£69512/240.1 miCharlotte Road, Wallasey3
£69503/240.11 mi-3
£75003/240.14 miExeter Road, Wallasey3
£1,37503/240.15 miGibson House, Wallasey, CH443
£1,37503/240.15 miGibson House, Wallasey, CH443
£1,29504/240.15 miGibson House, Wallasey, CH443
£1,29512/240.15 miGibson House, Wallasey, CH443
£1,29505/240.15 mi-3
£1,29512/240.15 mi-3
£1,29509/240.15 mi-3
£1,39504/250.15 mi-3
£85003/240.25 miManor Road, Wallasey, Wirral3
£80009/240.27 mi-3
£89503/240.37 miTrinity Road, Wallasey, CH444
£89503/240.38 miPark Street, Wallasey3
£65005/240.39 miLiscard Road, Wallasey3
£71504/240.39 miRivington Road, Wallasey, CH443
£71504/240.39 miRivington Road, Wallasey, CH443
£71504/240.39 mi-3
£64503/240.44 miBuchanan Road3
£64504/240.44 miBuchanan Road3
£1,05005/240.45 miBuchanan Road, Wallasey, Merseyside, CH448DN4
£1,05004/240.46 miBuchanan Road, Wallasey, Merseyside, CH444
£75004/240.46 miSt Marys Street Wallasey3
£95003/240.47 miGrosvenor Street, Wallasey3
£67504/250.47 mi-3
£78502/240.49 mi-3
£78502/240.49 mi-3
£75003/240.5 miPenkett Road, Wallasey, Wirral3
£62501/240.51 mi-4
£80005/240.53 mi-3
£97512/240.54 mi-4
£75001/240.54 mi-3
£77510/240.54 mi-3
£85004/240.54 mi-3
£79512/240.54 miKenilworth Road Wallasey3
£89503/240.55 miPark Road, Wallasey4
£75003/240.55 miWithens Lane, Wallasey3

Local Area Statistics

Population in CH44

29,995

Population in Wallasey

60,790

Town centre distance

0.90 miles away

Nearest school

0.30 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+48%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £130,000

March 13, 2025

Floor Plans

Description

  • Council Tax Band: A +
  • Mid Terraced Property +
  • Five Bedrooms +
  • Requires Some Renovation / Updating +
  • Being Sold With No Onward Chain +

SUMMARY
This deceptively spacious, traditional property does require some updating, however, offers fantastic accommodation that needs to be appreciated with an internal inspection. This would make an ideal home or investment, and a viewing is essential!

DESCRIPTION
Jones and Chapman are delighted to bring you this five-bedroom mid terraced home. Offering two great reception rooms, a large kitchen, and a good-sized yard. It also consists of a large bedroom and a family bathroom on the first floor, two spacious double bedrooms on the second floor and two more additional bedrooms on the third floor. The current vendor has also had the property insulated to the front and rear. Located in an excellent catchment area for both Primary and Secondary schools. The property does require some renovation but could make an ideal family home or investment opportunity. Sure to be a popular property, call us today or pop into the Wallasey Branch to arrange a viewing!

Lounge 14' 8" into bay x 13' 3" ( 4.47m into bay x 4.04m )
Double glazed bay window, consumer unit, radiator and laminate floor.

Dining Room 11' 11" x 11' 4" ( 3.63m x 3.45m )
Double glazed window, radiator and ceiling coving.

Kitchen 10' x 19' 6" ( 3.05m x 5.94m )
Sink, work surfaces and cooker-hood. Space for washing machine and dryer. Two double glazed windows and wooden door to rear.

First Floor Landing 

Bedroom One 11' 8" x 17' 7" ( 3.56m x 5.36m )
Two double glazed windows, radiator and coving.

Bathroom 
WC, wash hand basin and bath with shower. Double glazed window to side.

Second Floor Accommodation 

Bedroom Two 11' 11" x 10' 3" ( 3.63m x 3.12m )
Double glazed window, radiator and coved ceiling.

Bedroom Three 9' 11" x 13' 8" ( 3.02m x 4.17m )
Double glazed window and radiator.

Third Floor Accommodation 

Bedroom Four 11' 11" x 10' 1" ( 3.63m x 3.07m )
Restricted Head Height.
Window, roof line and radiator.

Bedroom Five 16' 5" x 11' 9" ( 5.00m x 3.58m )
Restricted Head Height.
Double glazed window to front.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Jones & Chapman, Wallasey

0151 453 7997

Next Steps?

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