2 Bed Flat, Single Let, Liverpool, L3 6AE, £120,000

Hamilton House, 26 Pall Mall, City Centre, Liverpool, L3 6AE - 4 views - 2 years ago

Sold STC
Leasehold
BTL
ROI: 11%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£37K - £315K
Sold Prices/m²£352/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£137,063
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£690 - £1,700

Rent Estimate

£895

Running Costs/mo

£574

Cashflow/mo

£321

Cashflow/yr

£3,852

ROI

11%

Gross Yield

9%

Local Sold Prices

43 sold prices from £37K to £315K, average is £190K. £352/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£217K12/220.42 miFlat 202c, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/220.44 miFlat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£162K06/210.48 miFlat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£144K10/210.48 miFlat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£230K12/220.48 miFlat 120, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£240K05/210.49 miFlat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£163K08/210.49 miFlat 201, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/230.49 miFlat 128, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£225K01/230.49 miFlat 158, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£236K04/230.49 miFlat 153, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£270K06/230.49 miFlat 23, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£210K01/210.49 miFlat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£187K05/210.49 miFlat 73, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£215K08/230.49 miFlat 198, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£275K01/210.49 miFlat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£200K12/200.49 miFlat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£285K05/210.49 miFlat 150, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£227.5K10/200.49 miFlat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£220K05/230.49 miFlat 72, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£185K01/240.5 miWaterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT2
£140K09/210.55 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£185K10/230.56 miFlat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/210.56 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£190K02/230.56 miFlat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£195K10/230.56 miFlat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£172K03/230.56 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£155K09/230.73 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£37K05/220.75 mi75, James Dunne Avenue, Liverpool, Merseyside L5 8SA2
£120K02/210.81 mi82, St Andrew Street, Liverpool, Merseyside L3 5XY2
£100K12/210.85 mi133, Salisbury Street, Liverpool, Merseyside L3 8BT2
£92K07/210.85 mi6, Gem Street, Liverpool, Merseyside L5 2AT2
£315K11/230.85 miEast Quay, Flat 48, Wapping Quay, Liverpool, Merseyside L3 4BU2
£260K12/200.85 miFlat 11, North Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£275K10/200.85 miFlat 38, East Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£285K04/240.85 miEast Quay, Flat 33, Wapping Quay, Liverpool, Merseyside L3 4BU2
£131K11/210.86 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£195K02/210.86 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.86 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£97K10/200.88 mi15, Courtier Close, Liverpool, Merseyside L5 3PT2
£116.1K07/220.92 mi62, Chapel Gardens, Liverpool, Merseyside L5 5BE2
£113K03/230.95 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150K10/200.95 mi40, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150.5K01/230.96 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2

Local Rents

50 rents from £690/mo to £1.7K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95004/240 mi-2
£90012/240.02 miHamilton House, Pall Mall, Liverpool2
£90012/240.02 mi-2
£1,25012/240.02 mi-2
£89503/240.02 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£89512/240.02 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£89512/240.02 miPall Mall, Liverpool, Merseyside, L32
£90004/240.02 miPall Mall, Liverpool2
£89504/240.02 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£87504/240.02 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£89504/240.02 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£89504/240.02 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32
£80004/240.03 miTithebarn Street, Liverpool, L32
£1,20004/240.06 miFlat 329, Pall Mall Press, 34 Pall Mall, Liverpool, Merseyside, L32
£1,15012/240.06 miFlat 506, Pall Mall Press, 34 Pall Mall , Liverpool, Merseyside, L32
£1,20012/240.06 miFlat 118, Pall Mall Press, 34 Pall Mall, Liverpool, Merseyside, L32
£1,15002/250.07 mi-2
£77504/240.07 miPrinces Gardens, L32
£95012/240.07 miHighfield Street, Liverpool, L32
£1,55002/240.08 mi-2
£1,70012/240.08 mi-2
£1,30003/250.08 mi-2
£1,25005/240.09 miCable House, 49 Cheapside, Liverpool, Merseyside, L22
£1,30003/240.09 miCheapside, Liverpool, Merseyside, L22
£90004/240.11 miPall Mall, Liverpool2
£84503/240.11 mi-2
£99501/250.11 mi-2
£95002/250.11 mi-2
£95003/250.11 mi-2
£92503/240.11 mi44 Pall Mall, Liverpool2
£99012/240.11 mi44 Pall Mall, Liverpool2
£1,12512/240.12 mi-2
£90012/240.12 mi30 Bixteth Street, Liverpool2
£1,30012/240.12 mi-2
£1,09504/240.12 mi-2
£1,30003/240.12 miBixteth Street, Liverpool, L32
£1,27512/240.12 miPall Mall, L3 6AL2
£85012/240.12 mi44 Pall Mall, Liverpool, L32
£95012/240.12 mi-2
£1,29504/250.12 mi-2
£99503/250.12 mi-2
£97512/240.12 mi-2
£97504/240.12 mi-2
£99512/240.12 miX Building, Bixteth Street2
£1,50004/240.12 mi15 Hatton Garden, Liverpool, Merseyside, L32
£69012/240.12 mi-2
£75012/240.12 miPrinces Gardens, L32
£95012/240.12 miPrinces Gardens, L32
£90004/240.12 miBixteth Street, Liverpool2
£87503/250.12 mi-2

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

3.40 miles away

Nearest school

0.30 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+67%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £120,000

August 20, 2023

Floor Plans

Description

  • Two bedroom third floor apartment +
  • Currently let until May 2023 for £895pcm +
  • Gross yields of 8.2% +
  • Generous balcony +
  • NO CHAIN. +
  • Leasehold. Council tax band: C. +

Looking for an apartment in the City Centre? Venmores Estate agents are delighted to present to the sales market this two-bedroom third floor apartment in Hamilton House, Pall Mall.

The property is currently let for £895pcm until May 2023, offering a gross yield of 8.2%.

The property is available with no onward chain and briefly comprises; secure communal entrance hall with intercom entry system, lift and stairs to all floors, entrance hall with storage, open plan lounge/kitchen with integrated appliances, two double bedrooms and a modern three piece family bathroom. Accessed via the lounge is a generous L shape balcony, ideal for al fresco dining. A secure parking space is available to purchase seperately.Internal inspection comes highly recommended by the agent. NO CHAIN.

Agent Details

Venmore, Liverpool

0151 453 6513

Next Steps?

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