2 Bed Flat, Single Let, Prescot, L34 5RH, £110,000

Mckennas View, Hill Street, Prescot, L34 5RH - 3 views - a year ago

Leasehold

BTL

ROI: 5%

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£50K - £155K
Sold Prices/m²	£533/m² - £2.1K/m²

Square Metres	~68.11 m²
Price/m²	£1.6K/m²
Value Estimate	£79,074£79,074

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£4,500£4,500
Total Cash In	£32,000£32,000

Cash Out
Rent Range	£550 - £1,200£550 - £1,200
Rent Estimate	£613
Running Costs/mo	£486£486
Cashflow/mo	£127£127
Cashflow/yr	£1,520£1,520
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

24 sold prices from £50K to £155K, average is £76.3K. £533/m² to £2.1K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£72.5K	05/23	0.09 mi	22, Meribel Square, Prescot, Merseyside L34 5TH	-	-	2	Flat
£77.5K	11/23	0.09 mi	2, Meribel Square, Prescot, Merseyside L34 5TH	£1,571	49	2	Flat
£100K	06/21	0.16 mi	Flat 6, Alexander House, Rio Court, Prescot, Merseyside L34 6NE	-	-	2	Flat
£57K	02/21	0.18 mi	90, Beaconsfield, Prescot, Merseyside L34 5PE	£533	107	2	Flat
£90K	09/21	0.18 mi	3, Grosvenor Court, Prescot, Merseyside L34 6NF	£1,429	63	2	Flat
£65K	08/22	0.2 mi	121, Beaconsfield, Prescot, Merseyside L34 5PF	£956	68	2	Flat
£93K	12/20	0.22 mi	26, Egerton Road, Prescot, Merseyside L34 3LT	£1,409	66	2	Flat
£84.8K	03/23	0.34 mi	5, Hunter Court, Prescot, Merseyside L34 2UH	£1,161	73	2	Flat
£84.8K	08/22	0.34 mi	17, Hunter Court, Prescot, Merseyside L34 2UH	£1,161	73	2	Flat
£155K	03/21	0.35 mi	21, Speakman Way, Prescot, Merseyside L34 5ND	£2,061	75	2	Flat
£72K	10/21	0.66 mi	33, Hughes Avenue, Prescot, Merseyside L35 5EH	-	-	2	Flat
£85K	10/20	0.73 mi	31, Steward Court, Prescot, Merseyside L35 5HE	£1,417	60	2	Flat
£82.5K	10/21	0.73 mi	Apartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£82.5K	10/21	0.73 mi	Apartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£50K	03/21	0.73 mi	Apartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£65K	02/22	0.73 mi	Apartment 27, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£73.5K	01/24	0.73 mi	Apartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£75K	11/23	0.73 mi	Brookside Court, Apartment 20, Shaw Lane, Prescot, Merseyside L35 5AE	£1,415	53	2	Flat
£75K	11/22	0.77 mi	48, Hughes Avenue, Prescot, Merseyside L35 5EP	£1,112	67	2	Flat
£63.5K	08/21	0.77 mi	50, Hughes Avenue, Prescot, Merseyside L35 5EP	£920	69	2	Flat
£70K	07/23	0.77 mi	50, Hughes Avenue, Prescot, Merseyside L35 5EP	£1,014	69	2	Flat
£53K	05/22	0.83 mi	65, Brook Street, Whiston, Prescot, Merseyside L35 5AP	£716	74	2	Flat
£117.5K	06/23	0.95 mi	28, Portico Court, Prescot, Merseyside L35 7LP	£1,865	63	2	Flat
£90K	03/22	0.95 mi	5, Portico Court, Prescot, Merseyside L35 7LP	£1,429	63	2	Flat

Local Rents

40 rents from £550/mo to £1.2K/mo, average is £798/mo.

Rent	Date	Distance	Address	Beds	Type
£750	02/25	0.05 mi	-	2	Flat
£750	12/24	0.05 mi	-	2	Flat
£750	11/24	0.05 mi	-	2	Flat
£795	04/24	0.07 mi	-	2	Flat
£795	12/24	0.07 mi	-	2	Flat
£650	04/24	0.08 mi	Eccleston Street, Prescot, Merseyside, L34	2	Flat
£650	05/24	0.09 mi	Kemble Street, Prescot, Merseyside	2	Flat
£850	12/24	0.09 mi	-	2	Terraced House
£700	12/24	0.22 mi	Rowson Street, Prescot, Merseyside, L34	2	Terraced House
£800	04/25	0.22 mi	-	2	Detached House
£800	04/25	0.22 mi	-	2	Detached House
£550	12/24	0.23 mi	-	2	Flat
£690	12/24	0.24 mi	-	2	Terraced House
£750	03/24	0.26 mi	-	2	Terraced House
£775	12/24	0.32 mi	Pendleton Court, Speakman Way, Prescot, L34	2	Flat
£695	12/24	0.36 mi	-	2	Flat
£850	03/25	0.39 mi	-	2	Semi-Detached House
£950	12/24	0.39 mi	-	2	Semi-Detached House
£800	12/24	0.39 mi	-	2	Terraced House
£1,200	02/25	0.4 mi	-	2	Flat
£850	12/24	0.4 mi	Kenneth Close, Prescot, Merseyside, L34	2	Flat
£850	12/24	0.4 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£775	12/24	0.4 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£775	04/24	0.4 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£795	01/24	0.41 mi	-	2	Flat
£795	12/24	0.41 mi	-	2	Flat
£825	03/25	0.41 mi	-	2	Flat
£795	12/24	0.41 mi	-	2	Flat
£850	04/24	0.41 mi	-	2	Flat
£850	10/24	0.41 mi	-	2	Flat
£925	04/24	0.42 mi	Bridgefield Court, Prescot	2	Flat
£945	12/24	0.42 mi	Bridgefield Court, Prescot	2	Flat
£795	02/25	0.42 mi	-	2	Flat
£850	12/24	0.42 mi	-	2	Flat
£900	05/24	0.42 mi	Bridge Road, Prescot, Merseyside, L34	2	Flat
£625	01/25	0.43 mi	-	2	Terraced House
£950	04/24	0.45 mi	Prescot Park, Prescot, L34	2	Flat
£840	12/24	0.53 mi	-	2	Semi-Detached House
£840	12/24	0.53 mi	Broadlands, Prescot, L35	2	Semi-Detached House
£850	12/24	0.61 mi	New Road, Prescot, L34	2	Terraced House

Local Area Statistics

Population in L34	12,24412,244
Population in Prescot	43,00143,001
Town centre distance	0.18 miles away0.18 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.44 miles away0.44 miles away

Rental growth (12m)	+39%+39%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+44%+44%

Property History

Listed for £110,000

March 12, 2024

Floor Plans

Description

First Floor +
Two Bedroom +
Town Centre Location +
No Chain +
Two Bathroom +

Discover the charm of urban living in this delightful two-bedroom, two-bathroom first-floor apartment nestled in the heart of the thriving Prescot Town Centre. Embracing the essence of modern convenience, this residence offers seamless access to major motorway links, public transport, and a plethora of amenities. As you step into this inviting space, an entrance leads you to an open plan living/kitchen area, creating a warm and inclusive atmosphere for daily life. The hallway gracefully connects to two bedrooms and a beautifully appointed bathroom, featuring an en-suite in the main bedroom for added luxury. Enhancing the allure of this home, two Juliet balconies one located in the lounge area and the other in the main bedroom. With its strategic location and thoughtfully designed layout, this apartment embodies the perfect blend of comfort, style, and accessibility in the heart of Prescot. Don't miss the opportunity to make this your haven in the midst of an up-and-coming urban landscape. EPC rating: C. Tenure: Leasehold, Service charge description: SC is £108 per/m (£1295.56 annually)
, Length of lease (remaining): 116 years 4 months,

Agent Details

Belvoir, Prescot

0151 453 5201

Next Steps?

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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