Linacre Road, Liverpool, L21
RE

Linacre Road, Liverpool, L21

By Reeds Rains

£ 60,000

Reviews

2 out of 5 stars

Reeds Rains says ..

An ideal investment property with private self contained one bedroom flat that has undergone recent modernisation works that sits over a previous shop. The ground floor space offers potential for conversion to a one bedroom flat subject to planning and building regulations or the potential to fin...

Property Oracle says ..

This property in Litherland, Liverpool, presents a complex investment opportunity. It’s a one-bedroom, one-bathroom property listed at £60,000. The property is situated relatively close to good primary schools and Merseyrail stations, providing convenient access to local amenities and Liverpool city centre. The photos reveal a mixed condition. Some areas, like the kitchen and bathroom, appear relatively modern, while other parts, including an unfinished extension or additional property, show considerable disrepair. Extensive renovations and clearing of the property will be necessary to fully realize its potential. The lack of a garden or any significant outdoor space is a key limitation. The price point seems reasonable in context with comparable nearby properties, considering the potential for creating a secondary flat. However, prospective buyers need to factor in the substantial costs associated with renovations and completion of any unfinished construction. A detailed survey is crucial to establish the extent of work required and to inform a realistic budget for the project. In summary, this property offers potential but requires a considerable financial investment and significant effort to transform into a habitable and desirable property. The potential return on investment depends heavily on the successful and timely completion of renovations.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
973.06

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
123,750.00 £
Decreased by 33.18 %
from 185,189.00 £
Est sale value
143,039.82 £
Decreased by 19.67 %
from 178,069.98 £
Average area rental value
768.00 £/mo
Decreased by 3.15 %
from 793.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
7.45 %
Increased by 44.94 %
from 5.14 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Lander Road Primary SchoolCommunity SchoolGood0.58 KM
St Elizabeth'S Catholic Primary SchoolVoluntary Aided SchoolGood0.64 KM
Our Lady Star Of The Sea Catholic Primary SchoolVoluntary Aided SchoolGood0.66 KM
Thomas Gray Primary SchoolCommunity SchoolRequires improvement0.85 KM
English Martyrs' Catholic Primary SchoolVoluntary Aided SchoolGood0.86 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Snowdrop Mews £ 000.00 KM
Wood Street £ 145,00000.00 KM
Selsey Road £ 000.00 KM
Balfour Road £ 000.00 KM
Chesnut Grove £ 164,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Seaforth And Litherland2250SFL0.74 KM
Bootle New Strand2195BNW1.34 KM
Bootle Oriel Road2239BOT2.03 KM
Waterloo (Merseyside)2133WLO3.14 KM
Bank Hall2238BAH3.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Linacre Road, Liverpool, L21 £ 60,000BUY4 / 100.00 KM
Lily Road, Liverpool, L21 £ 85,000BUY6 / 100.05 KM
8 Violet Road, Liverpool, Merseyside, L21 6NZ £ 70,000BUYUnknown0.06 KM
Violet Road, Liverpool £ 150,000BUY6 / 100.14 KM
Violet Road, Litherland, Merseyside, L21 £ 110,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
11 Lily Road £ 17,0000.09 KM
25 Lily Road £ 45,5000.09 KM
7 Lily Road £ 82,0000.09 KM
13 Lily Road £ 63,0000.09 KM
21 Lily Road £ 29,5000.10 KM