2 Bed Flat, Single Let, Liverpool, L24 9LL, £80,000

56 Addenbrooke Drive, Speke, Liverpool, L24 9LL - a year ago

Sold STC
Leasehold
BTL
ROI: 15%
59 m²
+9 photos

ValuationUndervalued

Sold Prices£47.9K - £332.5K
Sold Prices/m²£886/m² - £2.8K/m²

 

 

Square Metres

59 m²
Price/m²£1.4K/m²

Value Estimate

£95,524
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£585 - £895

Rent Estimate

£720

Running Costs/mo

£414

Cashflow/mo

£306

Cashflow/yr

£3,672

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £47.9K to £332.5K, average is £105K. £886/m² to £2.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£76K02/220.05 mi48, Addenbrooke Drive, Speke, Liverpool, Merseyside L24 9LL2
£88K06/230.11 mi3, Alderman Road, Speke, Liverpool, Merseyside L24 9LJ2
£80K12/220.16 mi27, Alderman Road, Speke, Liverpool, Merseyside L24 9LJ2
£83.5K06/220.16 mi133, Hansby Drive, Speke, Liverpool, Merseyside L24 9LW2
£80K08/220.16 mi131, Hansby Drive, Speke, Liverpool, Merseyside L24 9LW2
£80K08/220.17 mi125, Hansby Drive, Speke, Liverpool, Merseyside L24 9LW2
£85K12/210.59 mi1d, Kylemore Way, Liverpool, Merseyside L26 1TX2
£47.9K11/200.59 mi1e, Kylemore Way, Liverpool, Merseyside L26 1TX2
£85K08/211.04 mi23a, Markfield Crescent, Liverpool, Merseyside L25 9PD2
£123.8K04/231.04 mi1, Neasham Close, Liverpool, Merseyside L26 0SX2
£110K02/211.06 mi27, Sylvan Court, Liverpool, Merseyside L25 7AJ2
£142K09/231.06 mi15, Sylvan Court, Liverpool, Merseyside L25 7AJ2
£110K03/231.22 mi20, All Hallows Drive, Liverpool, Merseyside L24 2RA2
£91K04/211.24 mi4, Bravery Court, Liverpool, Merseyside L19 2QY2
£105K10/221.24 mi49, Bravery Court, Liverpool, Merseyside L19 2QY2
£117K11/221.25 mi43, Bravery Court, Liverpool, Merseyside L19 2QY2
£95K09/211.38 mi118, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH2
£85K02/211.38 mi138, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH2
£120K01/211.42 mi55, Dovercroft, Liverpool, Merseyside L25 7XA2
£131K08/221.45 mi1b, Danefield Terrace, Liverpool, Merseyside L19 4TH2
£332.5K03/211.47 mi2, Reynolds Way, Liverpool, Merseyside L25 5HX2
£84K08/221.58 mi65, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£63.5K11/201.58 mi116, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£78K05/231.58 mi113, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£150K06/231.59 mi12, Clay Cross Road, Liverpool, Merseyside L25 6LP2
£170K09/221.59 mi22, Clay Cross Road, Liverpool, Merseyside L25 6LP2
£83K02/231.59 mi96, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£78K03/211.59 mi39, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£77.5K01/211.59 mi14, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£85K07/221.59 mi61, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£114K03/231.59 mi2, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£115K09/211.62 mi49, Greenway Road, Liverpool, Merseyside L24 7RY2
£90K03/211.63 mi12a, Ramsey Close, Liverpool, Merseyside L19 4XH2
£80K10/201.65 mi70, Lymecroft, Woolton, Liverpool, Merseyside L25 7US2
£168K12/201.67 mi7, Byron Court, Woolton, Liverpool, Merseyside L25 6LY2
£220K05/231.71 mi7, New Heys Drive, Liverpool, Merseyside L18 9YE2
£140K05/231.71 mi5, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£96K02/211.71 mi1, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£135K06/231.71 mi6, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£111K11/221.71 mi54, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£135K02/211.72 mi18, Rockmount Close, Liverpool, Merseyside L25 6JN2
£159K12/221.72 mi5, Rockmount Close, Liverpool, Merseyside L25 6JN2
£156K09/221.73 mi7, Rockmount Close, Liverpool, Merseyside L25 6JN2
£103K11/221.74 mi50, Heald Street, Liverpool, Merseyside L19 2LY2
£105K09/211.76 mi11, Redoaks Way, Halewood, Liverpool, Merseyside L26 6BN2
£126K05/221.76 mi17, Redoaks Way, Halewood, Liverpool, Merseyside L26 6BN2
£103.5K04/221.77 mi5, Redoaks Way, Halewood, Liverpool, Merseyside L26 6BN2
£105K09/211.77 mi11, Redoaks Way, Halewood, Liverpool, Merseyside L26 6BN2
£110K07/221.77 mi20, Redoaks Way, Halewood, Liverpool, Merseyside L26 6BN2
£105K04/221.77 mi9, Redoaks Way, Halewood, Liverpool, Merseyside L26 6BN2

Local Rents

16 rents from £585/mo to £895/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75004/240.09 miAlderman Road, Hunts Cross, L242
£58503/230.12 mi-2
£68504/230.14 mi-2
£80004/240.17 miHansby Drive, Speke, LIVERPOOL2
£72510/230.42 mi-2
£80003/250.93 mi-2
£80003/240.94 mi-2
£80004/240.94 miHunts Cross Avenue, Liverpool, L252
£75012/241.13 miTrispen Close, Liverpool, Merseyside. L26 7YP2
£89505/241.16 miTrispen Close, Halewood, Liverpool, L26 7YP2
£80003/251.16 mi-2
£89505/241.19 miVineyard Street, Liverpool, L192
£89505/241.19 mi-2
£75001/241.19 mi-2
£87503/241.2 mi-2
£85005/241.24 miPriorsfield Road, L252

Local Area Statistics

Population in L24

15,951

Population in Liverpool

675,519

Town centre distance

8.66 miles away

Nearest school

0.20 miles away

Nearest train station

0.26 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £80,000

November 2, 2023

Floor Plans

Description

  • Two Bedroom Apartment +
  • Open Plan Living +
  • Fitted Kitchen +
  • Electric Heating +
  • Family Bathroom +
  • Double Glazed +
  • Ground floor +
  • Popular Location +

SUMMARY
Jones and Chapman are now in receipt of an offer for the sum of £79,000 for 56 Addenbrooke Drive. Anyone wishing to place an offer on the property should contact Jones and Chapman, 36 Allerton Road, L18 1LN, . Prior to exchange of contracts.

DESCRIPTION
Jones and Chapman are now in receipt of an offer for the sum of £79,000 for 56 Addenbrooke Drive. Anyone wishing to place an offer on the property should contact Jones and Chapman, 36 Allerton Road, L18 1LN, . Prior to exchange of contracts.

Note 
ALL INFORMATION ON LESEHOLD NOT KNOW, SOLICITOR WILL CONFIRM.

Open Plan Lounge Kitchen 20' 10" x 13' 7" ( 6.35m x 4.14m )
Double glazed window to the side, storage heater, wood effect laminate flooring.
Fitted kitchen with wall and base units, electric oven/hob, plumbing for washing machine.

Bedroom One 12' 5" x 11' 5" ( 3.78m x 3.48m )
Double glazed window to the side, wall mounted heater, carpet flooring.

Bedroom Two 11' 6" x 9' 8" ( 3.51m x 2.95m )
Double glazed window to the side, carpet flooring.

Bathroom 
Bath, wash hand basin, W.C, part tiled walls, spotlights.

Note 
ALL INFORMATION ON LEASEHOLD NOT KNOW, SOLICITOR WILL CONFIRM.

Note 
Please note this property is to be sold subject to the tenancy

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Jones & Chapman, Allerton

0151 453 9780

Next Steps?

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