Norwich Road, Wavertree, L15
AT

Norwich Road, Wavertree, L15

By Atlas Estate Agents

£ 300,000

Reviews

2 out of 5 stars

Atlas Estate Agents says ..

Nestled in the heart of L15, this investment property boasts four self-contained flats - two studios and two, one bedroom flats, each featuring charming bay-windowed lounges. With no onward chain and with current rental income of £25,000 pa. this will achieve a gross yield of 8.3%. It offers scop...

Property Oracle says ..

This property in Wavertree, Liverpool, presents a mixed bag of advantages and disadvantages. Its location on Norwich Road offers easy access to excellent schools like The Blue Coat School and Royal School for the Blind, boosting its family appeal and increasing potential rental yields. Proximity to Mossley Hill train station ensures convenient public transport. The property itself is a four-bedroom house with four bathrooms, offering substantial living space. However, the images reveal a need for some renovations or modernisation, especially in the kitchen and bathroom areas. The property does have a backyard, but its small size makes it more of a patio than a full garden.

Considering the nearby property sales data, the asking price of £300,000 seems in line with market values for similar properties in the area. However, potential buyers should factor in the costs of updating or refurbishing the interior to their standards. Overall, the property provides a good foundation with attractive location benefits but needs some attention for optimal livability. This makes it suitable for families or buy-to-let investors who are comfortable undertaking minor to moderate renovation work. However, if extensive renovation is needed the pricing may become less attractive.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
4
Bathrooms
4
Sqft (est)
1,612.86

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
303,750.00 £
Increased by 22.07 %
from 248,830.00 £
Est sale value
591,919.62 £
Increased by 56.84 %
from 377,409.24 £
Average area rental value
963.00 £/mo
Increased by 24.26 %
from 775.00 £/mo
Est letting value
1,612.86 £/mo
from 0.00 £/mo
Est rental Yield
3.80 %
Increased by 1.60 %
from 3.74 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Atlas Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The Blue Coat SchoolAcademy ConverterOutstanding0.35 KM
Royal School For The Blind (Liverpool)Non-maintained Special SchoolOutstanding0.53 KM
Mosspits Lane Primary SchoolCommunity SchoolGood0.56 KM
Wavertree Church Of England SchoolVoluntary Controlled SchoolGood0.88 KM
Formerly Church & Mossley Hill Children CentreChildren's Centre Linked Site0.91 KM

Images

Front Elevation Kitchen Yard Living Area Living Area Hallway Bedroom Entrance Bedroom Bathroom Kitchen Living Area Bedroom Bathroom Living Area Bathroom Landing Kitchen Bedroom Hallway Bedroom Bathroom Kitchen Yard

Nearby Streets

NameAverage PriceAverage SqftDistance
Norwich Road £ 250,00000.00 KM
Peterborough Road £ 315,00000.00 KM
Bristol Road £ 550,00000.00 KM
Beverley Road £ 349,37500.00 KM
Hereford Road £ 197,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Mossley Hill2171MSH1.51 KM
Wavertree Technology Park8589WAV1.80 KM
West Allerton2266WSA2.67 KM
Broad Green2240BGE2.67 KM
Aigburth2255AIG3.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norwich Road, Wavertree, L15 £ 300,000BUY5 / 100.00 KM
Charles Berrington Road, Wavetree, L15 £ 325,000BUY6 / 100.05 KM
Charles Berrington Road, Wavertree, L15 £ 290,000BUYUnknown0.07 KM
Peterborough Road, Liverpool, L15 £ 350,000BUY6 / 100.07 KM
Charles Berrington Road, Wavertree, Liverpool, L15 £ 250,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
5 Norwich Road £ 225,0000.06 KM
16 Norwich Road £ 205,0000.06 KM
10 Norwich Road £ 247,0000.06 KM
20 Norwich Road £ 45,0000.06 KM
15 Norwich Road £ 70,0000.06 KM