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Hannan Road, Liverpool L6

North West

£140,000
Listed on 10/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
899 sqft

Description

This three-bedroom mid-terrace home is situated in a well-regarded residential area, presenting a valuable opportunity for those interested in renovation or investment. While the property is currently in need of some modernization, it holds significant potential for first-time buyers, families looking to create their ideal living space, or investors aiming to enhance its value. Upon entering the property, you are greeted by a welcoming porch that leads into a spacious hallway. The main living area features an open-plan lounge and dining room that benefits from natural light coming in from both ends of the room. This adaptable space allows for various configurations and is perfect for family gatherings or entertaining guests, while maintaining a classic charm. At the rear, you’ll find the kitchen which includes ample storage and work surfaces; it offers a solid foundation for a modern kitchen upgrade. The upper level accommodates three well-sized bedrooms that can serve multiple purposes—whether as sleeping quarters for family members, guest rooms, or even as dedicated office spaces. Completing this floor is the family bathroom, equipped with a basic three-piece suite that could be refreshed to better suit contemporary tastes. Outside, there is a private courtyard garden at the back of the house. This low-maintenance outdoor area provides an inviting spot for seating arrangements or container

Investment Analysis

(L6 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£156/sq ft
Area Average
£160/sq ft
Avg Rent (weekly)
£167
Avg Yield
5.7%

Renovation Potential

Est. Renovation Cost
£14,000 - £35,000
10-25% of property value
Target Value
£158,175
10% above area average per sq ft
Potential ROI
-9.6%
After renovation
Monthly Sales
25
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (L6)

Area prices are rising by +28.2% over the last 12 months
3 year growth: 23.3%
5 year growth: 55.1%
Investment Disclaimer: Analysis based on L6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hannan Road, Liverpool L6
Map showing location of Hannan Road, Liverpool L6
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