Move Residential says ..

Property Oracle says ..

This two-bedroom terraced house on Wendell Street, Toxteth, Liverpool, is currently listed for £100,000. The property is presented as a potential buy-to-let investment, given its current rental income of £550 per month.

The property’s location is a double-edged sword. While conveniently close to Edge Hill train station and the highly-rated Archbishop Blanch School, the Toxteth area of Liverpool presents both advantages and disadvantages. Proximity to essential services is positive but should be balanced with the understanding that the location presents challenges relating to crime and socioeconomic factors that buyers should thoroughly research and assess personally.

The photographs show a property in fair condition, suitable for habitation, but showing its age. The kitchen and bathroom are functional but dated and would benefit from updating. The interior decor is somewhat dated. The exterior of the property also shows its age. Buyers should anticipate some renovation work to bring it up to a more modern standard. The lack of a significant garden space is a common feature of terraced houses in urban areas such as this.

The price of £100,000 seems competitive given that other similar properties on Wendell Street have sold for considerably less. Whilst a lack of square footage data prevents a precise per-square-foot analysis, this suggests potential value in this property for those willing to take on potential improvements and risks associated with the location. The attractive rental income stream for potential buy-to-let investors further supports the property’s price point.

Therefore, we give this property 4 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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