3 Bed Terraced House, Single Let, Liverpool, L21 8HS, £70,000

Riddock Road, Liverpool, Merseyside. L21 8HS - a year ago

Auction
BTL
ROI: 14%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£40K - £170K
Sold Prices/m²£540/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£85,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£625 - £2,745

Rent Estimate

£625

Running Costs/mo

£364

Cashflow/mo

£261

Cashflow/yr

£3,135

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £40K to £170K, average is £90K. £540/m² to £2.2K/m², average is £979/m².

PriceDateDistanceAddressBeds 
£96K12/220 mi27, Riddock Road, Liverpool, Merseyside L21 8HS3
£61K01/230.07 mi73, Chelsea Road, Litherland, Liverpool, Merseyside L21 8HH3
£113K03/230.09 mi36, Mildmay Road, Bootle, Merseyside L20 5EN3
£95K12/200.1 mi59, Croxteth Road, Bootle, Merseyside L20 5EB3
£85K01/210.1 mi53, Croxteth Road, Bootle, Merseyside L20 5EB3
£118K05/230.1 mi26, Croxteth Road, Bootle, Merseyside L20 5EA3
£68K01/240.12 mi14, Beechwood Road, Litherland, Liverpool, Merseyside L21 8JZ3
£120K11/200.13 mi10, Markfield Road, Bootle, Merseyside L20 5DU3
£52K11/210.13 mi69, Longfield Road, Liverpool, Merseyside L21 8LA3
£75K06/210.14 mi28, Blisworth Street, Litherland, Liverpool, Merseyside L21 8JF3
£67K10/210.14 mi37, Lander Road, Liverpool, Merseyside L21 8JB3
£120K06/230.14 mi61, Lander Road, Liverpool, Merseyside L21 8JB3
£90K05/210.17 mi17, Towcester Street, Liverpool, Merseyside L21 8JG3
£91K09/210.17 mi11, Towcester Street, Liverpool, Merseyside L21 8JG3
£40K12/200.17 mi39, Towcester Street, Liverpool, Merseyside L21 8JG3
£75K04/210.18 mi272, Litherland Road, Bootle, Merseyside L20 5EG3
£73K05/210.19 mi95, Norton Street, Bootle, Merseyside L20 4PJ3
£168K12/220.19 mi25, Lathom Road, Bootle, Merseyside L20 5EL3
£120K01/230.19 mi26, Lathom Road, Bootle, Merseyside L20 5EL3
£90K08/230.19 mi20, Hornby Boulevard, Liverpool, Merseyside L21 8HG3
£72K01/210.2 mi18, Rufford Road, Bootle, Merseyside L20 5EP3
£106K03/230.2 mi7, Rufford Road, Bootle, Merseyside L20 5EP3
£80K04/230.2 mi39, Bowden Street, Liverpool, Merseyside L21 8LL3
£125K01/230.21 mi216, Litherland Road, Bootle, Merseyside L20 5EH3
£107.5K11/220.21 mi240, Litherland Road, Bootle, Merseyside L20 5EH3
£74.2K09/210.22 mi105, Lunt Road, Bootle, Merseyside L20 5EZ3
£90K12/200.22 mi7, Lydiate Road, Bootle, Merseyside L20 5EJ3
£90K11/210.22 mi17, Lydiate Road, Bootle, Merseyside L20 5EJ3
£95K02/210.22 mi35, Lydiate Road, Bootle, Merseyside L20 5EJ3
£90K11/210.23 mi1, Balfour Avenue, Bootle, Merseyside L20 4PB3
£90K05/210.23 mi8, Balfour Avenue, Bootle, Merseyside L20 4PB3
£94K11/210.24 mi73, Balfour Road, Bootle, Merseyside L20 4NY3
£70K12/200.24 mi27, Scott Street, Bootle, Merseyside L20 4PE3
£130K04/230.24 mi18, Oakland Close, Liverpool, Merseyside L21 8PS3
£110K05/230.25 mi149, Thornton Road, Bootle, Merseyside L20 5ED3
£85K11/210.25 mi12, Percy Street, Bootle, Merseyside L20 4PQ3
£55K01/210.26 mi71, Percy Street, Bootle, Merseyside L20 4PG3
£75K11/200.26 mi65, Percy Street, Bootle, Merseyside L20 4PG3
£75K11/200.26 mi65, Percy Street, Bootle, Merseyside L20 4PG3
£104K05/230.27 mi28, Balfour Road, Bootle, Merseyside L20 4NZ3
£85.5K04/210.29 mi20, Linacre Lane, Bootle, Merseyside L20 5AH3
£170K11/220.29 mi7, Heathfield Drive, Bootle, Merseyside L20 6GE3
£90K01/210.29 mi17, Linacre Lane, Bootle, Merseyside L20 5AG3
£90K10/210.29 mi41, Linacre Lane, Bootle, Merseyside L20 5AG3
£147K03/230.31 mi15, Wood Street, Seaforth, Liverpool, Merseyside L21 8PH3
£110K03/230.33 mi14, August Street, Bootle, Merseyside L20 5BA3
£130K02/230.34 mi1, Servia Road, Liverpool, Merseyside L21 8LZ3
£100K10/200.35 mi81, Linacre Lane, Bootle, Merseyside L20 5AQ3
£132.5K03/230.35 mi81, Linacre Lane, Bootle, Merseyside L20 5AQ3
£130K06/210.36 mi209, Hawthorne Road, Bootle, Merseyside L20 6JU3

Local Rents

50 rents from £625/mo to £2.7K/mo, average is £823/mo.

RentDateDistanceAddressBeds 
£82503/250 mi-3
£85002/250.01 mi-3
£80003/250.02 mi-3
£65004/240.09 miChelsea Road, Liverpool3
£90004/240.09 miCroxteth Road, Bootle, L203
£82005/240.1 mi-3
£80005/240.1 mi-3
£72512/240.16 miTowcester Street, Liverpool3
£65003/250.17 mi-3
£70005/240.18 miEliot Street, Bootle3
£70002/240.18 mi-3
£95005/240.18 miRufford Road, Bootle, L203
£95005/240.18 mi-3
£72504/240.19 miNorton Street, Bootle3
£80005/240.19 miNorton Street, Bootle, L203
£77512/240.2 mi-3
£62505/240.21 miMoore Street, Bootle3
£95003/250.21 mi-3
£79505/240.22 miLunt Road, Bootle, L20 5EZ-Available with Zero Deposits3
£82503/250.22 mi-3
£89501/250.22 mi-3
£89504/240.25 miPercy Street, Bootle3
£92503/250.25 mi-3
£92502/250.25 mi-3
£80005/240.25 miWarton Street, Bootle, Merseyside, L203
£89503/250.27 mi-3
£77505/240.27 miGray St, Bootle, L203
£77506/240.27 miGray St, Bootle, L203
£77505/240.27 mi-3
£1,93504/240.31 mi-3
£2,74503/240.31 mi-3
£2,74503/240.31 mi-3
£2,74512/240.31 mi-3
£1,93512/240.31 mi-3
£1,93512/240.31 mi-3
£1,93503/250.31 mi-3
£75005/240.32 mi-3
£75012/240.32 mi-3
£75005/240.32 miSpenser Street, Liverpool, L203
£75005/240.32 miSpenser Street, Liverpool, L203
£85012/240.34 mi-3
£89502/250.34 mi-3
£80004/240.34 mi-3
£85004/240.36 miHawthorne Road, Litherland, L20 6JU3
£75005/240.37 miSouthey Street, Bootle, Liverpool, L203
£89504/240.37 mi46 Willard Drive, Merseyside, L203
£75005/240.37 miSpenser Street, Bootle, Liverpool, L203
£97512/240.38 miCunard Road, L21 8NA, 3
£90004/240.38 miMaple Close, Bootle, Merseyside, L213
£70004/240.39 miCowper Street, Bootle3

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

0.87 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £70,000

March 5, 2024

Description

  • Three Bedroom Mid-Terraced House +
  • Fitted Kitchen + Large Living Area +
  • Gas Central Heating +
  • Double Glazing +
  • Perfect Investment Opportunity +
  • Sold With Tenant in Situ +
  • Freehold +
  • Sold via 'Secure Sale' Auction Via Pattinson Auctions +
  • Immediate 'exchange of contracts' available +
  • Starting Bid £70,000 +

Curlett Jones Estates are excited to bring to the market this excellent investment opportunity, a three bedroom mid-terraced house to be sold with a tenant in situ. Located within walking distance from all local amenities and transport links, this property is ideal for those keen to expand their portfolio. Previously rented by current owner, extra information is available. Being Sold via Secure Sale online bidding via Pattinson Auction. Terms & Conditions apply.

The current tenant is in place until September 2024, and paying £625.00 pcm.

The property briefly comprises of;

A small entrance hall, leading on to a large living & dining area, leading on to the fitted kitchen at the rear. There is also a small garden/courtyard to the rear of the building.

Upstairs... there are two spacious double bedrooms, one single bedroom, and a 3-piece bathroom suite.

Call today to arrange a viewing or make any further enquiries!

Auctioneers Additional Comments:

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Agent Details

Curlett Jones Estates, Waterloo

0151 453 4019

Next Steps?

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