2 Bed Flat, Single Let, Ormskirk, L39 6RH, £120,000

Middlewood Road, Aughton, L39 6RH - a year ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£49K - £230K
Sold Prices/m²£1.1K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£146,400
BMV22%

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

£433 - £2,500

Rent Estimate

£520

Running Costs/mo

£499

Cashflow/mo

£21

Cashflow/yr

£252

ROI

1%

Gross Yield

5%

Local Sold Prices

26 sold prices from £49K to £230K, average is £131.3K. £1.1K/m² to £3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£172K03/230.79 miFlat 2, Rosehill Mansion, Rosehill Drive, Aughton, Ormskirk, Lancashire L39 5AA2
£49K04/211.26 miFlat 27, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£127.5K09/221.26 miFlat 27, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£93.5K09/211.27 miFlat 28, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£112K11/221.27 miFlat 22, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£100K04/231.27 miFlat 11, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£145K03/231.27 miFlat 6, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£105K04/211.27 miFlat 21, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£96K09/221.27 miFlat 29, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£122K01/211.7 miApartment 5, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£122K12/201.71 miApartment 15, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£122.5K09/211.71 miApartment 12, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£63K07/211.72 mi6, Chapel Moss, Ormskirk, Lancashire L39 4XE2
£135K02/231.73 miApartment 19, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£230K03/241.84 miCramlington House, Apartment 15, Grammar School Gardens, Ormskirk, Lancashire L39 4PT2
£215K05/221.84 miApartment 11, Cramlington House, Grammar School Gardens, Ormskirk, Lancashire L39 4PT2
£228K09/211.85 mi10, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£180K03/211.85 mi19, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£170K02/221.85 mi15a, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£170K06/221.85 mi25, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£180K12/201.85 mi8, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£146K07/231.85 mi16, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£140K04/231.86 mi136b, Liverpool Road, Lydiate, Liverpool, Merseyside L31 2NB2
£62.5K10/201.91 mi6, Millers Court, Ormskirk, Lancashire L39 4XF2
£51K05/221.92 mi4, Millers Court, Ormskirk, Lancashire L39 4XF2
£136.5K10/221.99 mi2a, Oakhill Cottage Lane, Liverpool, Merseyside L31 2PB2

Local Rents

50 rents from £433/mo to £2.5K/mo, average is £882/mo.

RentDateDistanceAddressBeds 
£2,50005/240.05 miMolyneux Road, Aughton3
£1,25005/240.47 miMickering Lane, Aughton3
£1,05012/240.62 mi-3
£90012/240.64 mi-1
£85002/250.64 mi-1
£1,40005/240.78 miEnnerdale Drive, Aughton3
£2,25009/210.88 miThe Cambridge 2 Old School Gardens Aughton Park Drive, Ormskirk, Lancashire, L394
£2,20005/240.88 miAughton Park Drive, Ormskirk, Lancashire, L394
£2,00005/240.9 miVine Close, Aughton5
£1,40012/240.9 miLiverpool Road, Aughton3
£1,20004/241.04 miRedsands, Aughton, Ormskirk, Lancashire, L39 4SG3
£2,20012/241.05 mi-4
£2,30004/241.22 miChestnut Grange, Ormskirk5
£1,60012/241.22 miHolborn Drive, Aughton, L39 3QL4
£2,25004/241.26 miGreenfields, Aughton4
£1,20002/251.29 mi-2
£95012/241.49 miSt. Annes Road, Ormskirk3
£52005/241.52 miHazel Court, Aughton Street, Ormskirk2
£43504/241.55 miPrescot Road, Ormskirk, L396
£1,10004/241.61 miFurness Avenue, Ormskirk3
£1,00012/241.61 miLiverpool Road, Lydiate, L312
£67204/241.62 miGarnett Green, Ormskirk, L394
£56305/241.65 miCottage Lane, Ormskirk, Lancashire, L396
£90005/241.69 miBridge Street, Ormskirk2
£85004/241.69 miBridge Street, Ormskirk2
£72504/241.69 miPark Avenue, Ormskirk1
£90005/241.74 miChapel Street, Ormskirk, L39 4QF2
£1,40004/241.79 miSimonswood Lane, Bickerstaffe2
£55504/241.81 miKnowsley Road, Ormskirk, 4
£65003/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk4
£58505/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk4
£73205/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk2
£88805/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk1
£85405/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk1
£87505/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk1
£65005/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk 4
£72405/241.81 miThe Suites, 6-8 Aughton Street, Ormskirk4
£97505/241.82 miSt. Helens Road, Ormskirk, L39 4QL2
£43305/241.82 miSt Helens Road, Ormskirk, 9
£56304/241.82 miSt Helens Road, Ormskirk, Lancashire9
£62805/241.83 miAughton Street, Ormskirk5
£82305/241.83 miThe Old Post Office, Ormskirk, 1
£82305/241.83 miThe Old Post Office, Ormskirk, 1
£1,25002/241.84 miRuff Lane, Ormskirk, Lancashire, L39 4PT2
£1,20005/241.84 miCramford House, Ormskirk2
£62804/241.85 miChristina House, St Helens Road4
£85004/241.85 miGrammar School Court, Ormskirk2
£71505/241.85 miAlexander House, Ormskirk, 2
£67205/241.85 mi2a AUGHTON STREET, ORMSKIRK, LANCASHIRE2
£72504/241.86 miLiverpool Road, Lydiate, Liverpool, L31 2NB2

Local Area Statistics

Population in L39

28,091

Population in Ormskirk

46,182

Town centre distance

2.26 miles away

Nearest school

0.30 miles away

Nearest train station

0.02 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £120,000

January 16, 2024

Floor Plans

Description

  • Two Bedroom Apartment +
  • Sought After Location +
  • Modern Fitted Kitchen +
  • Fantastic Transport Links +
  • Attention First Time Buyers +
  • Two Double Bedrooms +
  • Family Bathroom +
  • Popular Residential Location +
  • NO CHAIN +
  • Viewings Available Upon Request +

Churcher Estates are delighted to present this fantastic two bedroom first floor apartment located in the heart of the extremely desirable village of Aughton. This property is ideal for first time buyers, professional couples or people looking to downsize with fantastic transport links to the northwest provided by the train station. NO CHAIN

The property briefly comprises of secure door entrance to the ground floor, with communal areas upon entering the property. Once you enter the front door of the apartment itself you are met with a bright open hallway. There is a good size lounge with a large window allowing ample natural light and views over the communal gardens. The kitchen is a modern fitted, high gloss grey which has been installed in the last few years. There are two double bedrooms in this property one with fitted wardrobes and the other could be used as a bedroom or office space depending on requirements. The bathroom is a three piece bathroom with shower over bath all white suite, which is well presented.

Externally the property is surrounded by well maintained communal gardens.

Viewings available immediately upon request.

NO CHAIN

Leasehold
Service charge £75 per month
Lease length to be confirmed

Council tax band B

Agent Details

Churcher Estates, Burscough

01704 333356

Next Steps?

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