Bootle, L20

This 3-bedroom house is just to the south of Derby Park, in Bootle, north Liverpool. The property was a probate sale and was bought by us in Summer 2021. While the former elderly owner had taken good care of the house, it did require considerable modernisation and some 'finishing touches' to rooms which had received some recent attention, such as the kitchen.

The Numbers (as of Jan 2022)

Purchase Price: £88,000

Refurbishment: £12,000 (loaned by angel investors)

Revaluation: £125,000

Rent achieved: £695pcm

ROI (after refinance): 36% pa