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 %
- Est sale value
- 143,039.82 £Decreased by 19.67 %
- Average area rental value
- 768.00 £/moDecreased by 3.15 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 7.45 %Increased by 44.94 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lander Road Primary School | Community School | Good | 0.58 KM |
| St Elizabeth'S Catholic Primary School | Voluntary Aided School | Good | 0.64 KM |
| Our Lady Star Of The Sea Catholic Primary School | Voluntary Aided School | Good | 0.66 KM |
| Thomas Gray Primary School | Community School | Requires improvement | 0.85 KM |
| English Martyrs' Catholic Primary School | Voluntary Aided School | Good | 0.86 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Snowdrop Mews | £ 0 | 0 | 0.00 KM |
| Wood Street | £ 145,000 | 0 | 0.00 KM |
| Selsey Road | £ 0 | 0 | 0.00 KM |
| Balfour Road | £ 0 | 0 | 0.00 KM |
| Chesnut Grove | £ 164,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Seaforth And Litherland | 2250 | SFL | 0.74 KM |
| Bootle New Strand | 2195 | BNW | 1.34 KM |
| Bootle Oriel Road | 2239 | BOT | 2.03 KM |
| Waterloo (Merseyside) | 2133 | WLO | 3.14 KM |
| Bank Hall | 2238 | BAH | 3.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Linacre Road, Liverpool, L21 | £ 60,000 | BUY | 4 / 10 | 0.00 KM |
| Lily Road, Liverpool, L21 | £ 85,000 | BUY | 6 / 10 | 0.05 KM |
| 8 Violet Road, Liverpool, Merseyside, L21 6NZ | £ 70,000 | BUY | Unknown | 0.06 KM |
| Violet Road, Liverpool | £ 150,000 | BUY | 6 / 10 | 0.14 KM |
| Violet Road, Litherland, Merseyside, L21 | £ 110,000 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Lily Road | £ 17,000 | 0.09 KM |
| 25 Lily Road | £ 45,500 | 0.09 KM |
| 7 Lily Road | £ 82,000 | 0.09 KM |
| 13 Lily Road | £ 63,000 | 0.09 KM |
| 21 Lily Road | £ 29,500 | 0.10 KM |