2 Bed Flat, Single Let, Bootle, L20 6LU, £90,000

Springwell Road, Litherland, Merseyside, L20 6LU - 3 views - 2 years ago

Sold STC
Leasehold
BTL
ROI: 12%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£30K - £193.3K
Sold Prices/m²£579/m² - £56.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£77,073

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£625 - £1,100

Rent Estimate

£699

Running Costs/mo

£441

Cashflow/mo

£258

Cashflow/yr

£3,095

ROI

12%

Gross Yield

9%

Local Sold Prices

50 sold prices from £30K to £193.3K, average is £79.5K. £579/m² to £56.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£85K06/210.3 mi32, Heathfield Drive, Bootle, Merseyside L20 6GE2
£95K06/220.51 mi9, Farmer Place, Bootle, Merseyside L20 6HP2
£70K02/210.56 mi28, Atlantic Way, Bootle, Merseyside L30 9TB2
£70K01/230.57 mi4, Longfield Road, Liverpool, Merseyside L21 8LB2
£45K05/210.57 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£70K05/230.57 mi14, Longfield Road, Liverpool, Merseyside L21 8LB2
£77K08/230.57 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£58.5K11/210.58 mi12, May Close, Liverpool, Merseyside L21 8JX2
£64K08/230.58 mi29, Violet Road, Liverpool, Merseyside L21 6NY2
£52K10/200.58 mi31, Violet Road, Liverpool, Merseyside L21 6NY2
£75K01/220.91 mi25, Bushley Close, Bootle, Merseyside L20 4UZ2
£67.5K11/220.91 mi19, Bushley Close, Bootle, Merseyside L20 4UZ2
£72K07/220.92 mi14, Bromyard Close, Bootle, Merseyside L20 4UY2
£78K01/221.05 mi15, Jersey Close, Bootle, Merseyside L20 4BL2
£90K03/231.06 mi18, Jersey Close, Bootle, Merseyside L20 4BL2
£72.3K07/231.06 mi14, Jersey Close, Bootle, Merseyside L20 4BL2
£81K02/211.07 mi35, Taylforth Close, Liverpool, Merseyside L9 2DP2
£87K10/211.08 mi32, Taylforth Close, Liverpool, Merseyside L9 2DP2
£85K11/211.08 mi24, Taylforth Close, Liverpool, Merseyside L9 2DP2
£65K08/211.08 mi42, Taylforth Close, Liverpool, Merseyside L9 2DP2
£78K10/231.08 mi57, Taylforth Close, Liverpool, Merseyside L9 2DP2
£83K10/231.08 mi49, Taylforth Close, Liverpool, Merseyside L9 2DP2
£88K01/221.08 mi79, Taylforth Close, Liverpool, Merseyside L9 2DP2
£74K07/221.09 mi63, Taylforth Close, Liverpool, Merseyside L9 2DP2
£66.9K11/201.09 miFlat 20, Merton Towers, Merton Road, Bootle, Merseyside L20 3BG2
£60K04/221.18 mi74, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£55K01/211.18 mi28, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£99K02/221.2 mi71, Trinity Road, Bootle, Merseyside L20 7BD2
£91.5K06/221.21 mi75, Trinity Road, Bootle, Merseyside L20 7BD2
£98K05/221.21 mi49, Trinity Road, Bootle, Merseyside L20 7BD2
£94K01/231.23 mi27, Poulsom Drive, Bootle, Merseyside L30 2NQ2
£69K06/221.27 mi3, Dewlands Road, Liverpool, Merseyside L21 1JF2
£82K02/211.28 mi22, Green Hey Drive, Bootle, Merseyside L30 2NT2
£107.5K09/211.29 mi32, Field Lane, Litherland, Liverpool, Merseyside L21 9NE2
£53K08/221.37 mi6, Cross Hey, Ford, Liverpool, Merseyside L21 0ER2
£105K03/231.39 mi52, Simons Croft, Bootle, Merseyside L30 2RY2
£110K08/231.45 miFlat 10, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£127K03/231.45 miFlat 16, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£140K01/241.45 miMelrose Park, Flat 5, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£130K08/221.46 miFlat 23, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£148K01/221.48 mi85a, Melling Road, Liverpool, Merseyside L9 0LH2
£193.3K03/211.49 mi24, Ronald Road, Liverpool, Merseyside L22 3XU2
£86K03/221.49 mi50, Hero Street, Bootle, Merseyside L20 2HA2
£58K11/231.53 mi12, St Damians Croft, Bootle, Merseyside L30 3TS2
£168K04/241.54 miAngra Bank, Flat 11, Bramhall Road, Liverpool, Merseyside L22 3XA2
£107K05/211.56 mi269, Longmoor Lane, Liverpool, Merseyside L9 9EN2
£30K03/221.57 mi48, St Aidans Way, Bootle, Merseyside L30 3TN2
£55K03/221.57 mi26, St Aidans Way, Bootle, Merseyside L30 3TN2
£112K12/201.58 miFlat 6, Angra Bank, Bramhall Road, Liverpool, Merseyside L22 3XA2
£65K12/211.59 mi12, John Hunter Way, Bootle, Merseyside L30 5RJ2

Local Rents

20 rents from £625/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£72505/240.26 miBarnton Close, Bootle, L202
£85004/240.3 miPennington Avenue, Bootle2
£85004/250.44 mi-2
£69505/240.44 miLander Road, Litherland, Merseyside, L212
£75004/250.49 mi-2
£79502/250.5 mi-2
£75004/240.54 mi-2
£1,10003/240.54 mi-2
£80005/240.54 miLinacre Road, Liverpool, L212
£80005/240.54 miLinacre Road, Liverpool, L212
£80012/240.54 mi-2
£80012/240.54 mi-2
£75004/250.56 mi-2
£70012/240.57 miBeechwood Road, Litherland, Liverpool, L21 8JY2
£75005/240.57 miMildmay Road, Bootle2
£77512/240.58 mi-2
£70008/240.6 mi-2
£62508/230.6 mi-2
£75012/240.61 mi-2
£72505/240.62 mi-2

Local Area Statistics

Population in L20

31,316

Population in Bootle

51,353

Town centre distance

0.04 miles away

Nearest school

0.10 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £90,000

June 1, 2023

Sold for £68,500

2014

Sold for £80,000

2006

Sold for £30,000

2003

Floor Plans

Description

SIMPLY STUNNING.....

Whitegates are delighted to bring to the market with NO CHAIN this first floor TWO DOUBLE BEDROOM apartment situated within one of L20's most sought after locations. Springwell Road boasts from being within walking distance to local shops, schools, transport links & all amenities making an internal viewing strongly recommended.

The property briefly comprises; Entrance porch, hallway, lounge/kitchen dining room, (Balcony) two double bedrooms and a family bathroom. Outside provides its own driveway and communal gardens.

EPC: C 77 / 80
Council Tax: A
Leasehold
Service charge £758.51 per annum
Ground rent £15.00 per annum
We have received an offer of £90,500
Any increased offers are to be recieved within 5 days of this publication at the above agents.

Agent Details

Whitegates, Sefton

0151 453 5070

Next Steps?

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