3 Bed Terraced House, Refurb/BRRR, Liverpool, L9 2AL, £68,000

72 Fazakerley Road, Liverpool L9 2AL - 7 views - 16 days ago

Auction
Cash
Refurb/BRRR
ROI: 4%
~93 m²
+15 photos

ValuationFair Value

Sold Prices£90K - £205K
Sold Prices/m²£989/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£731/m²

Value Estimate

£69,360

 

 

End Value (After Refurb)

£136,030

Uplift in Value

+100%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,000

Stamp Duty & Legal Fees

£4,600

Refurb Costs

£39,200

Bridging Loan Interest

£1,785

Total Cash In

£64,335

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£136,030

Agent Fees (1%)

£1,360

Bridging Loan

£51,000

Bridging Loan Interest

£1,785

Flip Profit

£19,335

Local Sold Prices

50 sold prices from £90K to £205K, average is £145.8K. £989/m² to £2.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£160K01/240.02 mi85, Fazakerley Road, Liverpool, Merseyside L9 2AJ3
£118K03/240.02 mi71, Fazakerley Road, Liverpool, Merseyside L9 2AJ3
£162K05/230.06 mi46, Evered Avenue, Liverpool, Merseyside L9 2AG3
£190K04/230.07 mi97, Crescent Road, Walton, Liverpool, Merseyside L9 2AW3
£115K11/200.07 mi45, Crescent Road, Walton, Liverpool, Merseyside L9 2AW3
£169K11/220.08 mi49, Ashdale Road, Walton, Liverpool, Merseyside L9 2AA3
£90K12/230.08 mi23, Elmdale Road, Liverpool, Merseyside L9 2BH3
£100K07/230.08 mi73, Elmdale Road, Liverpool, Merseyside L9 2BH3
£150K05/240.08 mi85, Evered Avenue, Liverpool, Merseyside L9 2AE3
£144K02/230.08 mi91, Evered Avenue, Liverpool, Merseyside L9 2AE3
£171K09/210.08 mi134, Crescent Road, Walton, Liverpool, Merseyside L9 2AR3
£200K01/240.08 mi110, Crescent Road, Walton, Liverpool, Merseyside L9 2AR3
£151.5K07/240.08 mi80, Crescent Road, Walton, Liverpool, Merseyside L9 2AR3
£148K11/210.08 mi37, Ashdale Road, Walton, Liverpool, Merseyside L9 2AA3
£168.7K11/230.08 mi55, Ashdale Road, Walton, Liverpool, Merseyside L9 2AA3
£170K02/230.09 mi86, Crescent Road, Walton, Liverpool, Merseyside L9 2AR3
£162K09/210.09 mi94, Stalmine Road, Liverpool, Merseyside L9 2AZ3
£118K12/220.1 mi84, Stalmine Road, Liverpool, Merseyside L9 2AZ3
£110K05/210.11 mi66, Cedardale Road, Walton, Liverpool, Merseyside L9 2BQ3
£98.2K06/240.11 mi123, Stalmine Road, Liverpool, Merseyside L9 2AY3
£103.5K03/210.11 mi85, Stalmine Road, Liverpool, Merseyside L9 2AY3
£166K12/220.14 mi39, Evered Avenue, Liverpool, Merseyside L9 2AD3
£168K06/230.15 mi8, Primula Drive, Liverpool, Merseyside L9 1JR3
£129.9K03/210.16 mi68, Crescent Road, Walton, Liverpool, Merseyside L9 2AP3
£140K01/230.16 mi4, Birchdale Road, Walton, Liverpool, Merseyside L9 2BD3
£140K10/230.21 mi84, Willowdale Road, Walton, Liverpool, Merseyside L9 2AT3
£135K10/230.21 mi64, Willowdale Road, Walton, Liverpool, Merseyside L9 2AT3
£143K03/240.21 mi52, Conifer Close, Walton, Liverpool, Merseyside L9 1JW3
£155K12/220.22 mi6, Cedardale Road, Walton, Liverpool, Merseyside L9 1DA3
£155.5K01/230.22 mi98, Willowdale Road, Walton, Liverpool, Merseyside L9 2AT3
£170K04/240.25 mi9, Aboyne Close, Liverpool, Merseyside L9 2DJ3
£150K11/210.25 mi9, Aboyne Close, Liverpool, Merseyside L9 2DJ3
£120K09/230.27 mi40, Stalmine Road, Liverpool, Merseyside L9 1BZ3
£105K12/200.29 mi8, Honeysuckle Drive, Liverpool, Merseyside L9 1JL3
£120K06/240.3 mi27, Glenbank Close, Liverpool, Merseyside L9 2BR3
£96.5K04/230.3 mi19, Glenbank Close, Liverpool, Merseyside L9 2BR3
£100K04/230.3 mi30, Glenbank Close, Liverpool, Merseyside L9 2BR3
£170K04/210.3 miCraigside, 14c, Walton Park, Liverpool, Merseyside L9 1EZ3
£147.5K03/230.32 mi26, Stonefont Close, Walton, Liverpool, Merseyside L9 1FB3
£146.5K06/210.32 mi43, Stonefont Close, Walton, Liverpool, Merseyside L9 1FB3
£140K05/210.32 mi1, Stonefont Close, Walton, Liverpool, Merseyside L9 1FB3
£120K01/210.33 mi61, Cavendish Drive, Liverpool, Merseyside L9 1NB3
£145K01/210.34 mi52, Yew Tree Road, Walton, Liverpool, Merseyside L9 1AL3
£145K07/240.35 mi23, Hornby Road, Liverpool, Merseyside L9 3DD3
£125K10/200.35 mi69, Renwick Road, Liverpool, Merseyside L9 2DE3
£100K04/210.35 mi36, Renwick Road, Liverpool, Merseyside L9 2DE3
£155K10/230.35 mi69, Renwick Road, Liverpool, Merseyside L9 2DE3
£160K01/240.35 mi48, Renwick Road, Liverpool, Merseyside L9 2DE3
£155K09/210.36 mi52, Lobelia Avenue, Liverpool, Merseyside L9 1JB3
£205K06/220.36 mi5, Lobelia Avenue, Liverpool, Merseyside L9 1JB3

Local Rents

34 rents from £455/mo to £1.1K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£88012/240.01 mi-3
£95012/240.06 mi-3
£95006/240.08 mi-3
£95006/240.08 miCedardale Rd, Liverpool, L93
£90004/240.09 miCedardale Road, Walton, L9 2BG3
£87512/230.1 mi-3
£87502/250.1 mi-3
£1,10012/240.1 mi-3
£75004/240.11 mi-3
£97503/240.12 mi-3
£97504/250.12 mi-3
£87512/230.12 mi-3
£97004/240.13 miEvered Avenue, Liverpool, Merseyside, L93
£90006/240.15 mi-3
£90006/240.15 miFirdale Road, Liverpool, L93
£90003/240.18 mi-3
£90012/240.22 mi-3
£87501/250.23 mi-3
£95012/240.26 mi-3
£45503/240.27 miStalmine Road, Liverpool, Merseyside, L93
£72504/240.34 mi-3
£72505/240.34 mi-3
£1,00004/240.35 mi-3
£85012/240.42 mi-3
£80001/250.5 mi-3
£85001/250.52 mi-3
£85005/240.52 miGladstone Road, Walton3
£80005/240.53 miGladstone Road, Walton, Liverpool, L93
£77505/240.53 mi-3
£77505/240.53 miGladstone Road, Walton, Liverpool, L93
£79505/240.55 miBuckingham Road, Walton, Liverpool, L93
£79505/240.55 mi-3
£77504/240.57 miLong Lane, Liverpool3
£75007/230.61 mi-3

Local Area Statistics

Population in L9

32,585

Population in Liverpool

675,519

Town centre distance

0.83 miles away

Nearest school

0.30 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £68,000

March 18, 2025

Floor Plans

Description

  • Sale by ONLINE AUCTION +
  • CASH BUYERS only +
  • Property is chain free +

3 Bedroom, Mid-Terraced House, 72 Fazakerley Road, Liverpool L9 2AL

Overview

Hammer Price Homes are pleased to present for sale by online auction this 3 bedroom mid terraced house in Fazakerley, Liverpool. The sale is open for cash buyers only.

The property briefly comprises: To the ground floor, an entrance hallway leading to a lounge, dining room and kitchen. To the first floor there is a landing leading to 3 bedrooms and a bathroom.

Outside there are gardens to the front and rear of the property.

The property requires full renovation throughout, and this sale is open for cash buyers only due to the general condition we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

The property is situated in a popular residential location on Fazakerley Road, off Rice Lane (A59) and is conveniently positioned for local amenities and a range of transport links into Liverpool City Centre. Rice Lane railway station is within walking distance.

Special Conditions

This sale is open for cash buyers only due to the general condition; we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

60 days to complete.

Tenure

Tenure - Freehold - Land Registry documents are available for download from the Hammer Price Homes website.

The Conveyance document dated 4th April 1961 is not available at the Land Registry for download. An indemnity policy for any missing conveyance documentation can be sourced during the conveyancing process should the buyer wish.

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.

Council Tax Band - A
EPC Rating - G

Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Information Unknown
Source/s of heating: Room Heaters, Coal
Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.

Searches

Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details

Open for cash buyers only. 60 days to complete

Auction ends - Tuesday 15th April 2025 at 1:00pm (Subject to anti-sniping).
Bidding Window Opens - Monday 14th April 2025 at 12:00pm (Bidding will not be possible until this time).
Starting price - £68,000 (Reserve price is higher & unpublished, typically the starting price will be 15 - 20% below the Reserve figure as per our Buyer Terms)

Fees

All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee - Please note that there is a Reservation Fee (3.6% of the eventual sale price, Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over & above the sale price paid to the Vendor.

Searches -The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

Property Details

Approx. gross internal floor area - 890 SQ FT / 82.7 SQ M

Ground Floor
Comprises of an entrance hallway leading to these rooms:
Lounge - 16'11 x 10'6 (5.15m x 3.20m)
Dining Room - 10'8 x 10'2 (3.25m x 3.10m)
Kitchen - 10'8 x 6'7 (3.25m x 2.00m)

First Floor
Comprises of a landing leading to these rooms:
Bedroom 1 - 16'11 x 10'6 (5.15m x 3.20m)
Bedroom 2 - 10'8 x 10'2 (3.25m x 3.10m)
Bedroom 3 - 10'7 x 6'7 (3.23m x 2.00m)
Bathroom - 5'11 x 5'11 (1.80m x 1.80m)

Parking
On Street

Proof & Source of funds

In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements). It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers FAQ's for further information.

Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ's on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.

Agent Details

Hammer Price Homes Ltd, Manchester

020 3814 1888

Next Steps?

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