3 Bed Terraced House, Cash/Bridging Only, Liverpool, L15 4LH, £120,000

Picton Road, Wavertree, Liverpool, Merseyside, L15 4LH - 21 days ago

Auction

Cash

ROI: 6%

~93 m²

+6 photos

ValuationFair Value

Sold Prices	£56.5K - £230K
Sold Prices/m²	£809/m² - £2.8K/m²

Square Metres	~93 m²
Price/m²	£1.3K/m²
Value Estimate	£122,400£122,400

End Value (After Refurb)	£122,196£122,196
Uplift in Value	+2%+2%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£30,000£30,000
Stamp Duty & Legal Fees	£7,200£7,200
Refurb Costs	£39,200£39,200
Bridging Loan Interest	£3,150£3,150
Total Cash In	£81,300£81,300

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£122,196£122,196
Mortgage (After Refinance)	£91,647£91,647
Mortgage LTV	75%75%
Cash Released	£1,647£1,647
Cash Left In	£79,653£79,653
Equity	£30,549£30,549
Rent Range	£429 - £2,250£429 - £2,250
Rent Estimate	£1,027
Running Costs/mo	£607£607
Cashflow/mo	£420£420
Cashflow/yr	£5,037£5,037
ROI	6%6%
Gross Yield	10%10%

Local Sold Prices

50 sold prices from £56.5K to £230K, average is £137.8K. £809/m² to £2.8K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£114K	01/21	0.03 mi	72, Kempton Road, Liverpool, Merseyside L15 1HF	£1,422	80	3	Terraced House
£170K	07/23	0.06 mi	19, Cecil Street, Liverpool, Merseyside L15 1HP	£2,000	85	3	Terraced House
£135K	10/21	0.08 mi	163, Alderson Road, Liverpool, Merseyside L15 1HQ	£1,180	114	3	Terraced House
£162K	04/23	0.13 mi	29, Ash Vale, Liverpool, Merseyside L15 1HU	£1,906	85	3	Terraced House
£56.5K	11/20	0.18 mi	101, Bishopgate Street, Liverpool, Merseyside L15 1EN	£991	57	3	Terraced House
£115K	03/21	0.19 mi	20, Macdonald Street, Liverpool, Merseyside L15 1EL	-	-	3	Terraced House
£79K	10/23	0.2 mi	5, Spofforth Road, Liverpool, Merseyside L7 6JS	-	-	3	Terraced House
£125K	12/22	0.21 mi	33, Tabley Road, Liverpool, Merseyside L15 0HJ	£1,543	81	3	Terraced House
£160K	06/23	0.22 mi	48, Liscard Road, Liverpool, Merseyside L15 0HH	£1,616	99	3	Terraced House
£133K	12/22	0.25 mi	42, Golders Green, Liverpool, Merseyside L7 6HB	£1,459	91	3	Terraced House
£130K	02/23	0.27 mi	23, Golders Green, Liverpool, Merseyside L7 6HG	£1,238	105	3	Terraced House
£100K	02/21	0.27 mi	19, Golders Green, Liverpool, Merseyside L7 6HG	£943	106	3	Terraced House
£140K	06/23	0.27 mi	77, Tiverton Street, Wavertree, Liverpool, Merseyside L15 4LR	£1,904	74	3	Terraced House
£72.5K	01/23	0.27 mi	127, Strathcona Road, Liverpool, Merseyside L15 1EB	-	-	3	Semi-Detached House
£114.5K	09/22	0.28 mi	84, Tiverton Street, Wavertree, Liverpool, Merseyside L15 4LS	-	-	3	Semi-Detached House
£125K	04/23	0.31 mi	123, Spekeland Road, Liverpool, Merseyside L7 6HY	£1,255	100	3	Terraced House
£70K	04/21	0.31 mi	35, Taunton Street, Liverpool, Merseyside L15 4ND	-	-	3	Terraced House
£91.5K	11/20	0.31 mi	85, Taunton Street, Liverpool, Merseyside L15 4ND	£1,136	81	3	Terraced House
£178.5K	01/23	0.32 mi	35, Bowmore Way, Liverpool, Merseyside L7 6AT	£2,833	63	3	Terraced House
£170K	04/23	0.32 mi	12, Bowmore Way, Liverpool, Merseyside L7 6AT	£2,576	66	3	Semi-Detached House
£112K	02/23	0.32 mi	16, Taunton Street, Liverpool, Merseyside L15 4ND	-	-	3	Terraced House
£95K	01/23	0.34 mi	59, Picton Road, Wavertree, Liverpool, Merseyside L15 4LF	£979	97	3	Terraced House
£230K	11/22	0.35 mi	37, Alderson Road, Liverpool, Merseyside L15 2HL	£2,150	107	3	Semi-Detached House
£140K	01/23	0.35 mi	49, Granville Road, Wavertree, Liverpool, Merseyside L15 2HP	£1,505	93	3	Terraced House
£145K	06/21	0.35 mi	46, Langton Road, Wavertree, Liverpool, Merseyside L15 2HT	£1,706	85	3	Terraced House
£127K	07/23	0.36 mi	26, Granville Road, Wavertree, Liverpool, Merseyside L15 2HR	£1,210	105	3	Terraced House
£115K	06/21	0.36 mi	5, Fearnside Street, Liverpool, Merseyside L7 6AE	-	-	3	Semi-Detached House
£170K	02/23	0.38 mi	76, Portman Road, Liverpool, Merseyside L15 2HJ	-	-	3	Terraced House
£150K	07/21	0.38 mi	51, Woodcroft Road, Liverpool, Merseyside L15 2HG	-	-	3	Terraced House
£159K	04/23	0.38 mi	18, Portman Road, Liverpool, Merseyside L15 2HJ	£1,649	96	3	Terraced House
£140K	06/21	0.39 mi	14, Liberty Street, Liverpool, Merseyside L15 0ET	-	-	3	Terraced House
£180K	03/23	0.39 mi	41, Bagot Street, Liverpool, Merseyside L15 2HA	£1,593	113	3	Terraced House
£140K	05/23	0.4 mi	40, Woodcroft Road, Liverpool, Merseyside L15 2HQ	£809	173	3	Terraced House
£168.5K	09/21	0.41 mi	36, Wellington Avenue, Wavertree, Liverpool, Merseyside L15 0EJ	£1,937	87	3	Terraced House
£175K	09/21	0.43 mi	10, Thornycroft Road, Liverpool, Merseyside L15 0EW	-	-	3	Terraced House
£155K	12/21	0.44 mi	43, Westdale Road, Wavertree, Liverpool, Merseyside L15 4HR	£1,982	78	3	Terraced House
£124K	08/21	0.44 mi	69, Westdale Road, Wavertree, Liverpool, Merseyside L15 4HR	£1,425	87	3	Terraced House
£112.5K	02/21	0.44 mi	11, Westdale Road, Wavertree, Liverpool, Merseyside L15 4HR	-	-	3	Terraced House
£145.5K	02/22	0.44 mi	37, Rokesmith Avenue, Liverpool, Merseyside L7 6AQ	-	-	3	Semi-Detached House
£137K	02/23	0.44 mi	11, Westdale Road, Wavertree, Liverpool, Merseyside L15 4HR	-	-	3	Terraced House
£192K	03/24	0.45 mi	12, Claypole Close, Liverpool, Merseyside L7 6AA	£2,595	74	3	Semi-Detached House
£143.5K	12/20	0.46 mi	66, Westdale Road, Wavertree, Liverpool, Merseyside L15 4HS	£1,669	86	3	Terraced House
£138.5K	01/21	0.46 mi	32, Westdale Road, Wavertree, Liverpool, Merseyside L15 4HS	£1,847	75	3	Terraced House
£130K	06/21	0.46 mi	42, Westdale Road, Wavertree, Liverpool, Merseyside L15 4HS	£1,564	83	3	Semi-Detached House
£123K	03/21	0.47 mi	5, Southdale Road, Liverpool, Merseyside L15 4HX	£1,337	92	3	Terraced House
£154K	12/22	0.47 mi	63, Southdale Road, Liverpool, Merseyside L15 4HX	£1,791	86	3	Terraced House
£130K	02/21	0.48 mi	59, Southdale Road, Liverpool, Merseyside L15 4HX	£1,566	83	3	Terraced House
£130K	02/23	0.48 mi	4, Southdale Road, Liverpool, Merseyside L15 4HZ	£1,425	91	3	Terraced House
£142K	04/21	0.48 mi	32, Southdale Road, Liverpool, Merseyside L15 4HZ	£1,690	84	3	Terraced House
£145K	03/21	0.49 mi	77, Gainsborough Road, Liverpool, Merseyside L15 3HX	-	-	3	Terraced House

Local Rents

50 rents from £429/mo to £2.3K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£850	04/24	0.02 mi	Alderson Road L15	3	Flat
£563	05/24	0.02 mi	Alderson Road, Liverpool, Merseyside, L15	3	Terraced House
£607	05/24	0.08 mi	Ashfield, Liverpool, Merseyside, L15	3	Terraced House
£477	05/24	0.08 mi	Ashfield Road, ,	3	House
£429	04/24	0.1 mi	Ashfield, Liverpool, Merseyside, L15	3	Detached House
£1,495	04/24	0.13 mi	-	3	Terraced House
£950	02/25	0.13 mi	-	3	Terraced House
£950	04/25	0.14 mi	-	3	Terraced House
£850	04/24	0.17 mi	Grosvenor Road, Wavertree, Liverpool	3	Terraced House
£477	04/24	0.17 mi	Grosvenor Road, Wavertree	3	Terraced House
£850	04/24	0.18 mi	Alderson Road, Liverpool, Merseyside, L15	3	Terraced House
£975	03/24	0.18 mi	Alderson Road, LIVERPOOL	3	Terraced House
£925	06/24	0.2 mi	-	3	Terraced House
£925	05/24	0.2 mi	Liscard Road, Liverpool, L15	3	Terraced House
£995	02/24	0.21 mi	-	3	Terraced House
£995	05/24	0.22 mi	-	3	Terraced House
£995	05/24	0.22 mi	Liscard Road, Liverpool, L15	3	Terraced House
£850	05/24	0.22 mi	Talton Road, L15	3	Terraced House
£850	05/24	0.22 mi	Talton Road, L15	3	Terraced House
£775	04/24	0.24 mi	Callow Road, L15	3	Flat
£1,350	12/24	0.26 mi	-	3	Terraced House
£1,200	12/24	0.26 mi	-	3	Terraced House
£1,050	01/25	0.26 mi	-	3	Terraced House
£2,250	04/24	0.27 mi	-	3	Terraced House
£2,250	12/24	0.27 mi	-	3	Terraced House
£2,250	03/25	0.27 mi	-	3	Terraced House
£875	03/25	0.27 mi	-	3	Terraced House
£950	04/24	0.27 mi	-	3	Flat
£800	02/24	0.28 mi	-	3	Terraced House
£925	12/24	0.28 mi	-	3	Terraced House
£995	12/24	0.28 mi	-	3	Terraced House
£1,095	12/24	0.29 mi	-	3	Semi-Detached House
£950	12/24	0.29 mi	-	3	Terraced House
£975	04/24	0.29 mi	Wincanton Street, Liverpool	3	Flat
£900	04/24	0.29 mi	Grosvenor Road, L15	3	Flat
£995	06/24	0.29 mi	Wincanton Street, Liverpool	3	House
£1,625	05/24	0.3 mi	Carno Street, Liverpool, L15 4LB	3	Flat
£1,625	05/24	0.3 mi	Carno Street, Liverpool, L15 4LB	3	Flat
£950	06/24	0.31 mi	Taunton Street, L15	3	House
£950	04/24	0.31 mi	Mystery Close, Liverpool	3	Detached House
£950	05/24	0.31 mi	Mystery Close, Liverpool	3	Semi-Detached House
£1,000	06/24	0.31 mi	Mystery Close, Liverpool	3	Terraced House
£498	05/24	0.31 mi	28 Banner Street	3	Flat
£1,000	05/24	0.31 mi	Mystery Close, L15	3	House
£477	05/24	0.31 mi	-	3	Terraced House
£925	04/25	0.33 mi	-	3	Semi-Detached House
£1,625	03/25	0.34 mi	-	3	Terraced House
£1,100	02/25	0.34 mi	-	3	Terraced House
£1,560	04/24	0.35 mi	-	3	Terraced House
£1,560	04/24	0.35 mi	Portman Road, Liverpool, L15	3	Terraced House

Local Area Statistics

Population in L15	30,01730,017
Population in Liverpool	675,519675,519
Town centre distance	4.32 miles away4.32 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.46 miles away0.46 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+56%+56%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+53%+53%

Property History

Listed for £120,000

March 19, 2025

Floor Plans

Description

being sold via secure sale online bidding. Terms and conditions apply. +
NO Chain +
Excellent Access To Liverpool City Centre +
Perfect For A Growing Family Or Investor +
Three Double Bedrooms +
Cash Buyers Only +

On the ground floor, the property features two reception rooms that have been opened up to create a spacious lounge and dining area, leading into a fully fitted kitchen.

The first floor offers two generously sized double bedrooms and a family bathroom complete with a walk-in shower.

On the second floor, you'll find a third double bedroom, adding to the property's ample living space.

Additional benefits include gas central heating, double-glazed windows throughout, and an enclosed rear yard.

This property is well-suited for both large families and investors. Please note there is a crack on the staircase that has not been investigated

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

3 Bed House, Cash/Bridging Only, Liverpool, L15 4HA

£99,950

5 months ago • 93 m²

Sold STC

2 Bed House, Refurb/BRRR, Liverpool, L15 4HZ

£100,000

2 months ago • 96 m²