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Farrell Close, Melling, Liverpool, Merseyside, L31

North West

£175,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
892 sqft

Description

This three-bedroom semi-detached house presents a promising investment opportunity in a sought-after cul-de-sac in the L31 area. Positioned conveniently close to local amenities, including schools and transport links, this property is ideal for buyers seeking a renovation project. Currently undergoing development, the home has been stripped back to provide a blank slate, allowing the next owner to tailor the finishing touches according to their vision. The property features both front and rear gardens, which offer additional potential for landscaping and enhancement. With off-road parking and a single garage, this house can easily accommodate families or individuals looking for convenience. Once completed, the layout could yield a spacious family home in a consistently high-demand area. Given its current condition, traditional mortgage options may be limited; therefore, it primarily appeals to cash buyers or those using bridging finance. This represents an exceptional chance to add value in a desirable location with no onward chain.

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Investment analysis

(L31 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£196/sq ft
Area Average
£257/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£252,316
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (L31)

Area prices are rising by +5.8% over the last 12 months
3 year growth: +11.4%
5 year growth: +22.4%
Investment Disclaimer: Analysis based on L31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Farrell Close, Melling, Liverpool, Merseyside, L31
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Next Steps

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