4 Bed Semi-Detached House, Refurb/BRRR, Wallasey, CH44 1AD, £140,000

Newell Road, Wallasey, CH44 1AD - 4 views - 2 months ago

Cash
Refurb/BRRR
ROI: 5%
~129 m²
+17 photos

ValuationFair Value

Sold Prices£115K - £390K
Sold Prices/m²£935/m² - £2.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.1K/m²

Value Estimate

£141,400

 

 

End Value (After Refurb)

£175,162

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Refurb Costs

£54,492

Bridging Loan Interest

£3,675

Total Cash In

£103,117

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£175,162

Mortgage (After Refinance)

£131,371

Mortgage LTV

75%

Cash Released

£26,371

Cash Left In

£76,745

Equity

£43,790

Rent Range

£625 - £3,400

Rent Estimate

£1,263

Running Costs/mo

£820

Cashflow/mo

£443

Cashflow/yr

£5,316

ROI

5%

Gross Yield

11%

Local Sold Prices

50 sold prices from £115K to £390K, average is £179.3K. £935/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£167K05/230.03 mi12, Barnwell Avenue, Wallasey, Merseyside CH44 1AA4
£155K12/200.07 mi41, Manor Road, Wallasey, Merseyside CH45 4JA4
£162K05/210.08 mi39, Manor Road, Wallasey, Merseyside CH45 4JA4
£350K09/210.15 mi33, Belgrave Street, Wallasey, Merseyside CH44 1BP4
£153K01/230.17 mi21, Trinity Road, Wallasey, Merseyside CH44 1BD4
£145K02/210.17 mi19, Trinity Road, Wallasey, Merseyside CH44 1BD4
£164K12/200.19 mi33, Rake Lane, Wallasey, Merseyside CH45 5DD4
£145K05/210.2 mi15, Seaview Avenue, Wallasey, Merseyside CH45 4RA4
£187K10/210.21 mi5, Parkfield Drive, Wallasey, Merseyside CH44 5UN4
£160K01/210.21 mi26, Parkfield Drive, Wallasey, Merseyside CH44 5UW4
£150K05/230.21 mi24, Parkfield Drive, Wallasey, Merseyside CH44 5UW4
£195K07/230.22 mi23, Edinburgh Road, Wallasey, Merseyside CH45 4LR4
£240K06/210.24 mi36, Burns Avenue, Wallasey, Merseyside CH45 4RD4
£188K02/230.25 mi71, Withens Lane, Wallasey, Merseyside CH45 7NE4
£199.9K06/210.26 mi58, Rullerton Road, Wallasey, Merseyside CH44 5XQ4
£160K09/210.26 mi38, Rullerton Road, Wallasey, Merseyside CH44 5XQ4
£208K06/210.26 mi4, Ormond Street, Wallasey, Merseyside CH45 4LP4
£171K06/210.3 mi25, Central Park Avenue, Wallasey, Merseyside CH44 0AG4
£157K08/210.3 mi3, Central Park Avenue, Wallasey, Merseyside CH44 0AG4
£135K04/210.3 mi1, Wesley Avenue, Wallasey, Merseyside CH44 1DL4
£132.5K03/210.31 mi24, Massey Park, Wallasey, Merseyside CH45 4LL4
£215K12/200.32 mi32, Thirlmere Drive, Wallasey, Merseyside CH45 4LW4
£184.9K02/210.32 mi52, Longland Road, Wallasey, Merseyside CH45 5DW4
£150K12/200.32 mi29, Upper Rice Lane, Wallasey, Merseyside CH44 1DP4
£350K11/210.33 mi101, Rake Lane, Wallasey, Merseyside CH45 5DE4
£173.5K04/220.33 mi112g, Manor Road, Wallasey, Merseyside CH45 7LX4
£320K11/220.34 mi2, Eric Road, Wallasey, Merseyside CH44 5RQ4
£145K06/210.35 mi21, Chepstow Avenue, Wallasey, Merseyside CH44 0BA4
£178.5K06/210.36 mi28, Belvidere Road, Wallasey, Merseyside CH45 4RY4
£145K01/210.36 mi11, Grasmere Drive, Wallasey, Merseyside CH45 4PQ4
£215K02/230.37 mi2, Devon Avenue, Wallasey, Merseyside CH45 7LY4
£160K01/210.39 mi155, Withens Lane, Wallasey, Merseyside CH45 7NG4
£235K04/210.4 mi18, Marlowe Road, Wallasey, Merseyside CH44 3DF4
£180K03/230.4 mi7, Bristol Avenue, Wallasey, Merseyside CH44 0BB4
£390K10/220.4 mi165, Withens Lane, Wallasey, Merseyside CH45 7NG4
£250K11/220.4 mi4, Hawarden Avenue, Wallasey, Merseyside CH44 0AW4
£265K01/230.41 mi1, Colville Road, Wallasey, Merseyside CH44 2AS4
£170K03/210.42 mi137, Wallasey Road, Wallasey, Merseyside CH44 2AB4
£115K10/200.43 mi2, Brompton Avenue, Wallasey, Merseyside CH44 0BD4
£240K02/230.45 mi9, Pendennis Road, Wallasey, Merseyside CH44 9BX4
£193K02/210.45 mi24, Rosebery Avenue, Wallasey, Merseyside CH44 0BE4
£164K01/210.46 mi7, Bridgecroft Road, Wallasey, Merseyside CH45 7NX4
£320K09/220.46 mi2, Monmouth Road, Wallasey, Merseyside CH44 3EA4
£220K01/210.46 mi20, Crescent Road, Wallasey, Merseyside CH44 0BQ4
£165K12/200.47 mi66, Annesley Road, Wallasey, Merseyside CH44 9DB4
£121.3K07/210.47 mi45, Charlotte Road, Wallasey, Merseyside CH44 0DN4
£279.9K06/210.47 mi106, Broadway Avenue, Wallasey, Merseyside CH45 4SF4
£205K04/210.48 mi24, Zig Zag Road, Wallasey, Merseyside CH45 7NZ4
£195K03/230.48 mi20, Zig Zag Road, Wallasey, Merseyside CH45 7NZ4
£180K02/230.49 mi71, Deveraux Drive, Wallasey, Merseyside CH44 4DQ4

Local Rents

50 rents from £625/mo to £3.4K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£67504/250.07 mi-3
£95003/240.07 miGrosvenor Street, Wallasey3
£75004/240.16 miSt Marys Street Wallasey3
£71012/230.17 mi-3
£89503/240.17 miTrinity Road, Wallasey, CH444
£89503/240.2 miPark Street, Wallasey3
£62503/240.23 miParkfield Drive, Wallasey3
£1,97504/250.23 mi-4
£1,97002/240.24 mi-4
£1,97003/240.24 mi-4
£1,96011/240.24 mi-4
£1,97504/250.24 mi-4
£80009/240.29 mi-3
£1,20002/250.3 mi-3
£89505/240.3 miLeominster Road, Wallasey3
£89504/240.3 miLeominster Road, Wallasey3
£80003/240.3 miHazeldene Avenue, Wallasey3
£79504/240.3 miHazeldene Avenue, Wallasey3
£85003/240.36 miManor Road, Wallasey, Wirral3
£75003/240.39 miExeter Road, Wallasey3
£80012/240.4 mi-4
£75003/240.4 miWithens Lane, Wallasey3
£69505/240.44 miCharlotte Road, Wallasey3
£69512/240.44 miCharlotte Road, Wallasey3
£72503/240.44 miMarlowe Road, Wallasey3
£72505/240.44 miMarlowe Road, Wallasey3
£95001/240.45 mi-3
£2,29505/240.46 mi-4
£2,29504/240.46 mi-4
£2,29504/240.46 mi-4
£2,40012/240.46 mi-4
£2,80002/250.46 mi-4
£2,80004/250.46 mi-4
£3,40003/250.46 mi-5
£3,40004/250.46 mi-5
£74812/230.48 mi-3
£1,70003/240.48 miBelvidere Road, Wallasey, Wirral6
£75003/240.51 miPenkett Road, Wallasey, Wirral3
£1,50004/240.54 miTurret Road, Wallasey, CH454
£1,10003/240.54 miWoburn Road, Wallasey4
£99504/240.54 miCliff Road, Wallasey, Wirral3
£1,50004/240.56 miTurret Road, Wallasey, CH454
£1,50005/240.56 mi-4
£1,20003/240.56 miBroadway Avenue, Wallasey, CH454
£72501/240.56 mi-3
£1,00003/240.57 miDerby Road, CH45 5HH3
£1,37503/240.57 miGibson House, Wallasey, CH443
£1,37503/240.57 miGibson House, Wallasey, CH443
£1,29504/240.57 miGibson House, Wallasey, CH443
£1,29512/240.57 miGibson House, Wallasey, CH443

Local Area Statistics

Population in CH44

29,995

Population in Wallasey

60,790

Town centre distance

0.43 miles away

Nearest school

0.10 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+42%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £140,000

March 14, 2025

Description

  • Four Bed Semi Detached Home +
  • In Need of Some Upgrades +
  • GCH and uPC Dbl Glazing +
  • Council Tax Band B +
  • EPC Rating D +

Set in an extremely central location, this good-sized semi-detached residence boasts four-bedrooms, courtyard garden and would make a great purchase for those ready to put their own stamp of a property as some upgrading is required, it also has the benefit of being sold with no chain. Being in the middle of Liscard, it is well placed for local shops, handy amenities and frequent public bus services from the end of the road direct to the Wirral and Liverpool, plus excellent local schooling nearby. Just a short drive to the Liverpool tunnel and M53 motorway which leads to Chester and the M56, making it a good base for commuters. Interior: porch, hallway, living room, dining room, sitting room and kitchen on the ground floor. Off the first floor landing there are the four bedrooms, and bathroom. Complete with uPVC double glazing and gas central heating system. Exterior: rear courtyard area. Quick viewing is advised! CASH BUYERS OR BUYERS WITH 25% DEPOSIT, DUE TO THE WORKS THAT IS NEEDED TO BE DONE ON THE PROPERTY Porch uPVC double glazed front entrance door opens into the porch area with meter cupboard and further single glazed door into the hallway with central heating radiator. Living Room - 4.55m x 4.24m (14'11" x 13'11") uPVC double glazed bay window to front elevation and central heating radiator. Dining Room - 3.05m x 3m (10'0" x 9'10") uPVC double glazed window to rear elevation and central heating radiator. Sitting Room - 3.99m x 3.1m (13'1" x 10'2") uPVC double glazed window to the rear aspect and central heating radiator. Kitchen - 3.05m x 2.21m (10'0" x 7'3") Range of base and wall units having sink with drainer set below uPVC double glazed window. Wall mounted combi boiler, gas hob with electric oven below and extractor above. uPVC part glazed door opening to the side aspect into the courtyard. Landing Carpeted staircase leads up to the first-floor landing. Doors into: Bedroom - 4.55m x 3.94m (14'11" x 12'11") uPVC double glazed bay window to the front aspect and central heating radiator. Bedroom - 4.01m x 3.35m (13'2" x 11'0") uPVC double glazed window to the rear aspect and central heating radiator. Bedroom - 3.02m x 2.18m (9'11" x 7'2") uPVC double glazed window to the rear aspect and central heating radiator. Bedroom - 2.57m x 2.26m (8'5" x 7'5") uPVC double glazed window to the front aspect and central heating radiator. Bathroom uPVC double glazed frosted window to the rear aspect. Suite comprising panel bath, low level WC and pedestal wash basin. Central heating radiator, part tiled walls and tiled flooring. Exterior Rear courtyard, with a little imagination it really could be a great place to spend time in over the summer months. Location Newell Road can be found off Glyn Road in the centre of Liscard, approx. 0.5 miles driving distance from our Liscard office. Property Misdescriptions Act 1991. For clarification, Harper & Woods Estate Agents wish to inform prospective purchasers that we have not tested any of the appliances or the heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings. Any mention of appliances, equipment, fixtures, fittings or services unless specifically stated are not included in the sale of the property. We cannot verify that these are fit for purpose or in full working order, as they have not been tested by ourselves. You are advised to gain specialist independent reports if you have any hesitations. Measurements, areas and distances provided are an approximate only. They are for general guidance and should not be relied upon for furnishings, flooring or any other outspend. The chosen photographs only illustrate perspectives of the properties interior and exterior as they appeared at the time they were taken. Our particulars for each property are created as a general outline only for the guidance of prospective buyers. Any information is given without responsibility on our part and we recommended that our information is verified by yourself. We endeavour to ensure that the information on our website is accurate and reliable however information about a property is liable to be changed at any time.

Agent Details

Harper & Woods, Wallasey

0151 453 8854

Next Steps?

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