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Cherrydale Road, Liverpool L18

Semi-Detached · 3 Bed · 1.5 Bath · 80m² · Liverpool

Tenanted since April 2025

Cherrydale Road, Liverpool L18 after 11 / 26COMPLETED

We bought this semi-detached house through an iamsold auction, the only bidder on the day, and paid the full £200,000 asking price to secure it against three separate owners and the paperwork that came with them. It was tired throughout: dated wiring needing a full rewire, and a heavy chimney breast splitting the ground floor into two cramped rooms. We removed that structural wall to open up the kitchen and dining area, extended out with black aluminium bi-fold doors, and finished the space with a quartz worktop, matte black units, and a landscaped rear garden in porcelain paving and artificial lawn. It let almost immediately at market rent, and the same family, with children and pets, has lived there since.

THE NUMBERS

Purchase Price£200,000
Refurb Cost£90,000
Total Invested£290,000
Bank Valuation£375,000
Equity Created£85,000
Monthly Rent£1,700
Gross Rental Yield5.4%

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