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 %
- Est sale value
- 591,919.62 £Increased by 56.84 %
- Average area rental value
- 963.00 £/moIncreased by 24.26 %
- Est letting value
- 1,612.86 £/mo
- Est rental Yield
- 3.80 %Increased by 1.60 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Atlas Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Blue Coat School | Academy Converter | Outstanding | 0.35 KM |
| Royal School For The Blind (Liverpool) | Non-maintained Special School | Outstanding | 0.53 KM |
| Mosspits Lane Primary School | Community School | Good | 0.56 KM |
| Wavertree Church Of England School | Voluntary Controlled School | Good | 0.88 KM |
| Formerly Church & Mossley Hill Children Centre | Children's Centre Linked Site | 0.91 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Norwich Road | £ 250,000 | 0 | 0.00 KM |
| Peterborough Road | £ 315,000 | 0 | 0.00 KM |
| Bristol Road | £ 550,000 | 0 | 0.00 KM |
| Beverley Road | £ 349,375 | 0 | 0.00 KM |
| Hereford Road | £ 197,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Mossley Hill | 2171 | MSH | 1.51 KM |
| Wavertree Technology Park | 8589 | WAV | 1.80 KM |
| West Allerton | 2266 | WSA | 2.67 KM |
| Broad Green | 2240 | BGE | 2.67 KM |
| Aigburth | 2255 | AIG | 3.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Norwich Road, Wavertree, L15 | £ 300,000 | BUY | 5 / 10 | 0.00 KM |
| Charles Berrington Road, Wavetree, L15 | £ 325,000 | BUY | 6 / 10 | 0.05 KM |
| Charles Berrington Road, Wavertree, L15 | £ 290,000 | BUY | Unknown | 0.07 KM |
| Peterborough Road, Liverpool, L15 | £ 350,000 | BUY | 6 / 10 | 0.07 KM |
| Charles Berrington Road, Wavertree, Liverpool, L15 | £ 250,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Norwich Road | £ 225,000 | 0.06 KM |
| 16 Norwich Road | £ 205,000 | 0.06 KM |
| 10 Norwich Road | £ 247,000 | 0.06 KM |
| 20 Norwich Road | £ 45,000 | 0.06 KM |
| 15 Norwich Road | £ 70,000 | 0.06 KM |