1, Rice Street, Liverpool, Merseyside, L1 9BB

Description

Freehold mid terrace house

Accommodation

Second floor: Three bedrooms. First floor: One bedroom, reception room, bathroom/wc. Ground floor: Reception room open plan to kitchen, wc. Carport. There is no garden for the property.

Location

The property is located on Rice Street. Shopping amenities can be found locally within Liverpool City Centre. Public transport links are available at Liverpool Lime Street Train Station and Liverpool Central Train Station both lying to the north west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A5039 to the north and A562 to the south. Recreational pursuits can be found at Saint James’ Gardens to the south.

Tenure / Property Information

Investment Analysis

The £180,000 guide is the only pricing evidence supplied. No completed sales, specific rental comparables, GDV evidence or condition survey are provided, so market value, refurbishment cost and investment returns cannot be reliably estimated. The property is described as a four-bedroom freehold mid-terrace house with carport, no garden and EPC C. A £1,800 inclusive-of-VAT contract documentation fee is stated; additional seller fees may apply but are not quantified.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain a full inspection, comparable sales, rental evidence, special conditions and all buyer/seller charges before considering a purchase.

Works Required

No specific defects or required works are evidenced. Undertake full inspection and verify the heating system, kitchen, bathroom/WC facilities, roof, structure, services, windows, damp and condition of the carport before bidding. Any works allowance remains unsupported.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is not supportable without a purchase strategy, refurbishment budget, market GDV and evidence of achievable rent or refinance value. The EPC is C, but no condition or financing evidence is provided.

Buy-to-Let Analysis

BTL returns cannot be established because no sufficiently specific external rental comparable or auctioneer rent estimate is supplied. The £1,800 contract documentation fee and any unquantified seller fees would increase acquisition cost.

Flip Analysis

A flip surplus cannot be calculated because there are no completed comparable sales, supported GDV, refurbishment costs or quantified selling costs. The guide price alone is insufficient to establish resale potential.

Investor Risks & Due Diligence

• No completed comparable sales supplied to support the £180,000 guide or a resale value.

• No sufficiently specific rental evidence, so rental income and yield are unverified.

• Property condition and heating details are not supplied.

• Additional seller fees may be payable under the special conditions but are unquantified.

• The property has no garden, which may affect buyer or tenant appeal, although no market impact is evidenced.

Recommendation

Do not bid on the current evidence alone. Obtain a full inspection, comparable sales, rental evidence, special conditions and all buyer/seller charges before considering a purchase.

Strategy Rating

Analysis Confidence

The evidence confirms the property description, tenure, guide price, EPC and one buyer charge, but provides no sales comparables, rental evidence, condition assessment, works budget, GDV or complete fee schedule.