2 Bed Flat, Single Let, Liverpool, L3 6LN, £105,000

Francine Close, City Centre, Liverpool, L3 6LN - 3 views - 3 years ago

Leasehold

BTL

ROI: 10%

~68 m²

+2 photos

ValuationOvervalued

Sold Prices	£37K - £285K
Sold Prices/m²	£352/m² - £2.5K/m²

Square Metres	~68.11 m²
Price/m²	£1.5K/m²
Value Estimate	£86,538£86,538

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£26,250£26,250
Stamp Duty & Legal Fees	£4,350£4,350
Total Cash In	£30,600£30,600

Cash Out
Rent Range	£595 - £2,000£595 - £2,000
Rent Estimate	£744
Running Costs/mo	£497£497
Cashflow/mo	£247£247
Cashflow/yr	£2,965£2,965
ROI	10%10%
Gross Yield	9%9%

Local Sold Prices

38 sold prices from £37K to £285K, average is £185K. £352/m² to £2.5K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£37K	05/22	0.14 mi	75, James Dunne Avenue, Liverpool, Merseyside L5 8SA	£352	105	2	Flat
£92K	07/21	0.24 mi	6, Gem Street, Liverpool, Merseyside L5 2AT	-	-	2	Flat
£140K	09/21	0.56 mi	Flat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS	-	-	2	Flat
£230K	12/22	0.56 mi	Flat 120, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ	-	-	2	Flat
£240K	05/21	0.56 mi	Flat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ	-	-	2	Flat
£163K	08/21	0.56 mi	Flat 201, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	£2,012	81	2	Flat
£240K	12/23	0.56 mi	Flat 128, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ	-	-	2	Flat
£225K	01/23	0.56 mi	Flat 158, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	-	-	2	Flat
£236K	04/23	0.56 mi	Flat 153, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	-	-	2	Flat
£270K	06/23	0.56 mi	Flat 23, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG	-	-	2	Flat
£210K	01/21	0.56 mi	Flat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ	-	-	2	Flat
£187K	05/21	0.56 mi	Flat 73, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG	-	-	2	Flat
£215K	08/23	0.56 mi	Flat 198, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	-	-	2	Flat
£275K	01/21	0.56 mi	Flat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ	-	-	2	Flat
£200K	12/20	0.56 mi	Flat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	-	-	2	Flat
£285K	05/21	0.56 mi	Flat 150, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	-	-	2	Flat
£227.5K	10/20	0.56 mi	Flat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ	-	-	2	Flat
£220K	05/23	0.56 mi	Flat 72, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG	-	-	2	Flat
£185K	10/23	0.57 mi	Flat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS	-	-	2	Flat
£140K	09/21	0.57 mi	Flat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS	-	-	2	Flat
£190K	02/23	0.57 mi	Flat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS	-	-	2	Flat
£195K	10/23	0.57 mi	Flat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS	-	-	2	Flat
£172K	03/23	0.57 mi	Flat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS	-	-	2	Flat
£116.1K	07/22	0.57 mi	62, Chapel Gardens, Liverpool, Merseyside L5 5BE	£1,979	59	2	Flat
£217K	12/22	0.6 mi	Flat 202c, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	-	-	2	Flat
£240K	12/22	0.61 mi	Flat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH	-	-	2	Flat
£185K	01/24	0.63 mi	Waterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT	£2,534	73	2	Flat
£162K	06/21	0.67 mi	Flat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU	-	-	2	Flat
£144K	10/21	0.67 mi	Flat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU	-	-	2	Flat
£95K	12/20	0.73 mi	259, Conway Street, Liverpool, Merseyside L5 3BB	£1,284	74	2	Flat
£92.5K	10/22	0.73 mi	243, Conway Street, Liverpool, Merseyside L5 3BB	£1,267	73	2	Flat
£93K	06/22	0.73 mi	181, Conway Street, Liverpool, Merseyside L5 3BB	£1,274	73	2	Flat
£80K	12/22	0.73 mi	191, Conway Street, Liverpool, Merseyside L5 3BB	£930	86	2	Flat
£97K	10/20	0.73 mi	15, Courtier Close, Liverpool, Merseyside L5 3PT	£1,732	56	2	Flat
£95K	06/23	0.77 mi	99, Conway Street, Liverpool, Merseyside L5 3BA	£1,105	86	2	Flat
£92.5K	09/22	0.77 mi	19, Conway Street, Liverpool, Merseyside L5 3BA	£1,250	74	2	Flat
£100K	12/21	0.96 mi	133, Salisbury Street, Liverpool, Merseyside L3 8BT	£1,493	67	2	Flat
£68K	09/22	0.97 mi	51, Mark Street, Liverpool, Merseyside L5 0RF	-	-	2	Flat

Local Rents

50 rents from £595/mo to £2K/mo, average is £963/mo.

Rent	Date	Distance	Address	Beds	Type
£750	04/24	0.01 mi	Francine Close, Liverpool	2	Flat
£775	12/24	0.08 mi	-	2	Flat
£750	12/24	0.08 mi	-	2	Flat
£795	02/24	0.1 mi	-	2	Flat
£795	01/25	0.1 mi	-	2	Flat
£850	05/24	0.11 mi	Snowdon Lane, Liverpool, L5	2	Terraced House
£850	12/24	0.11 mi	-	2	Terraced House
£800	05/24	0.19 mi	Vauxhall Road, L5	2	Flat
£750	12/24	0.19 mi	Vauxhall Road, Liverpool, L5	2	Flat
£760	12/24	0.2 mi	-	2	Flat
£1,650	04/24	0.2 mi	Stanley Dock, Liverpool, L3	2	Flat
£1,545	04/24	0.2 mi	-	2	Flat
£1,400	12/24	0.21 mi	Regent Road, Liverpool, L3	2	Flat
£800	04/24	0.24 mi	Burlington House, 53 Burlington Street, L3	2	Flat
£1,600	03/24	0.24 mi	Regent Road, Liverpool, L3	2	Flat
£1,450	04/24	0.24 mi	21A Regent Road, Liverpool, L3	2	Flat
£1,500	03/24	0.25 mi	205 Tobacco Warehouse, Stanley Dock, Regent Road, Liverpool, L3 0BB	2	Flat
£1,150	04/24	0.25 mi	Tobacco Warehouse L3	2	Flat
£2,000	12/24	0.25 mi	Tobacco warehouse, L3	2	Flat
£1,800	12/24	0.27 mi	-	2	Flat
£800	12/24	0.33 mi	-	2	Flat
£1,100	12/24	0.33 mi	-	2	Flat
£800	05/24	0.39 mi	Silvester Street, Liverpool, Merseyside, L5	2	Terraced House
£800	06/24	0.39 mi	Silvester Street, Liverpool, Merseyside, L5	2	Terraced House
£850	04/24	0.41 mi	Silvester Street, Liverpool, L5	2	Terraced House
£725	01/25	0.42 mi	-	2	Flat
£1,400	04/24	0.47 mi	Tobacco Warehouse, Stanley Dock, Regent Rd, Liverpool, L3	2	Flat
£1,400	04/24	0.47 mi	Regent Road, Liverpool, L3	2	Flat
£2,000	01/24	0.48 mi	-	2	Semi-Detached House
£1,700	12/24	0.48 mi	-	2	Semi-Detached House
£1,700	12/24	0.48 mi	-	2	Semi-Detached House
£700	12/24	0.49 mi	Burroughs Gardens, Kingsway Court, L3	2	Flat
£795	04/24	0.49 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£750	12/24	0.49 mi	Kingsway Court, Liverpool	2	Flat
£750	12/24	0.49 mi	-	2	Flat
£800	12/24	0.49 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£825	12/24	0.49 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£795	12/24	0.49 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£975	04/24	0.5 mi	6th Floor, Park Central	2	Flat
£1,300	12/24	0.51 mi	Jesse Hartley Way, Liverpool	2	Flat
£595	06/24	0.51 mi	Stanley Road, Liverpool, Merseyside, L5	2	Flat
£995	12/24	0.52 mi	Jesse Hartley Way, Liverpool	2	Flat
£1,050	04/24	0.52 mi	Jesse Hartley Way	2	Flat
£1,000	04/24	0.52 mi	Jesse Hartley Way, Liverpool	2	Flat
£1,075	12/24	0.52 mi	Jesse Hartley Way, Liverpool	2	Flat
£1,300	12/24	0.52 mi	-	2	Flat
£975	04/24	0.52 mi	Quay Central, 9 Jesse Hartley Way, Liverpool, Merseyside, L3	2	Flat
£950	12/24	0.52 mi	-	2	Flat
£975	04/24	0.53 mi	Quay Central, Liverpool Waters	2	Flat
£975	04/24	0.53 mi	Quay Central, Liverpool Waters	2	Flat

Local Area Statistics

Population in L3	17,39617,396
Population in Liverpool	675,519675,519
Town centre distance	2.68 miles away2.68 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.59 miles away0.59 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+67%+67%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £105,000

May 10, 2022

Sold for £87,500

2009

Description

Apartment +
Two Bedroom +
Leasehold +
First Floor +
Private Parking +
Communal Gardens +
Overlooking Canal +
Close to Sandhill Rail Station +
Close to City +
Upvc DG & GCHS +

Accommodation comprises; entrance hallway with built in storage cupboard, reception room with a fitted kitchen located off, two good sized double bedrooms and a three piece bathroom suite with a shower over the bath. The property also benefits from Upvc double glazing and a gas central eating system. Externally there is private parking and communal gardens. EPC rating: C. Tenure: Leasehold,

Agent Details

Northwood, Liverpool

0151 453 1259

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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