2 Bed Flat, Single Let, Liverpool, L3 1EN, £188,000

Mann Island, Liverpool, L3 1EN - 3 views - a year ago

Leasehold
BTL
ROI: 6%
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£101K - £315K
Sold Prices/m²£1.6K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£170,277

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,000

Stamp Duty & Legal Fees

£6,840

Total Cash In

£53,840

 

 

Cash Out

 

Rent Range

£950 - £2,050

Rent Estimate

£1,100

Running Costs/mo

£828

Cashflow/mo

£273

Cashflow/yr

£3,270

ROI

6%

Gross Yield

7%

Local Sold Prices

49 sold prices from £101K to £315K, average is £187K. £1.6K/m² to £3.4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£315K11/230.46 miEast Quay, Flat 48, Wapping Quay, Liverpool, Merseyside L3 4BU2
£260K12/200.46 miFlat 11, North Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£275K10/200.46 miFlat 38, East Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£285K04/240.46 miEast Quay, Flat 33, Wapping Quay, Liverpool, Merseyside L3 4BU2
£162K06/210.71 miFlat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£144K10/210.71 miFlat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£217K12/220.71 miFlat 202c, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£195K02/210.71 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.71 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£240K12/220.72 miFlat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£131K11/210.72 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£155K09/230.74 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£185K01/240.75 miWaterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT2
£240K05/210.78 miFlat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£163K08/210.78 miFlat 201, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/230.78 miFlat 128, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£225K01/230.78 miFlat 158, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£236K04/230.78 miFlat 153, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£270K06/230.78 miFlat 23, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£210K01/210.78 miFlat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£187K05/210.78 miFlat 73, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£215K08/230.78 miFlat 198, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£275K01/210.78 miFlat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£200K12/200.78 miFlat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£285K05/210.78 miFlat 150, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£227.5K10/200.78 miFlat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£220K05/230.78 miFlat 72, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£230K12/220.78 miFlat 120, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£113K03/230.79 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150K10/200.79 mi40, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150.5K01/230.79 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£140K09/210.83 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£185K10/230.83 miFlat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/210.83 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£190K02/230.83 miFlat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£195K10/230.83 miFlat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£172K03/230.83 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£170K07/210.9 mi21, Coburg Wharf, Liverpool, Merseyside L3 4EB2
£120K02/210.92 mi82, St Andrew Street, Liverpool, Merseyside L3 5XY2
£150K09/230.93 mi8, The Anchorage, Liverpool, Merseyside L3 4DR2
£187.5K08/230.93 mi46, The Anchorage, Liverpool, Merseyside L3 4DR2
£120K02/210.93 mi26, The Anchorage, Liverpool, Merseyside L3 4DR2
£132.5K03/220.99 mi68, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£184K03/231 mi176, Quebec Quay, Liverpool, Merseyside L3 4ES2
£180K06/211 mi151, Quebec Quay, Liverpool, Merseyside L3 4ES2
£177K12/201 mi158, Quebec Quay, Liverpool, Merseyside L3 4ES2
£300K03/211 mi173, Quebec Quay, Liverpool, Merseyside L3 4ES2
£185K08/211 mi169, Quebec Quay, Liverpool, Merseyside L3 4ES2
£183K09/211 mi170, Quebec Quay, Liverpool, Merseyside L3 4ES2

Local Rents

50 rents from £950/mo to £2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40012/240 miMann Island, Liverpool2
£1,30012/240 mi-2
£1,20012/240 mi-2
£1,30012/240 mi-2
£1,30012/240 mi-2
£1,50003/250 mi-2
£1,20012/240 miMann Island, Liverpool, L32
£1,30012/240 miMann Island, Liverpool, L32
£1,20012/240.01 mi-2
£1,00003/240.01 miMann Island, Liverpool, Merseyside, L32
£1,20003/250.01 mi-2
£1,25003/250.01 mi-2
£1,20003/250.01 mi-2
£1,10004/240.02 miMann Island, Liverpool, Merseyside, L32
£1,20012/240.02 mi-2
£1,30012/240.02 mi-2
£1,20012/240.02 mi-2
£1,20012/240.02 mi-2
£1,25002/250.02 mi-2
£1,30003/250.02 mi-2
£1,25003/250.02 mi-2
£1,60003/250.02 mi-2
£1,25003/250.02 mi-2
£1,25003/250.02 mi-2
£1,20004/240.02 miMann Island, Liverpool, L32
£1,20003/240.02 miMann Island, Liverpool, L32
£1,30012/240.02 miMann Island, Liverpool, L32
£1,25004/240.02 mi-2
£1,25012/240.03 mi15 Mann Island, Liverpool2
£1,30012/240.03 miMann Island, Liverpool2
£1,25004/240.03 miMann Island, Liverpool, L32
£1,25012/240.03 miMann Island, Liverpool, L32
£1,25012/240.03 mi-2
£95012/240.03 mi-2
£1,20012/240.03 mi-2
£2,05005/240.11 miRoco, 19 James Street2
£1,70005/240.11 miRoco, 19 James Street2
£1,60005/240.11 miRoco, 19 James Street2
£1,50005/240.11 miRoco, 19 James Street2
£1,75005/240.11 miRoco, 19 James Street2
£2,05005/240.11 miRoco, 19 James Street2
£1,60005/240.11 miRoco, 19 James Street2
£1,75005/240.11 miRoco, 19 James Street2
£1,70005/240.11 miRoco, 19 James Street2
£1,50005/240.11 miRoco, 19 James Street2
£1,50005/240.11 miRoco, 19 James Street2
£1,70005/240.11 miRoco, 19 James Street2
£1,75005/240.11 miRoco, 19 James Street2
£1,60005/240.11 miRoco, 19 James Street2
£2,05005/240.11 miRoco, 19 James Street2

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

3.89 miles away

Nearest school

0.50 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+67%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £188,000

March 15, 2024

Floor Plans

Description

  • Secure video entry system +
  • Secure underground bicycle storage +
  • 24hr concierge service +

Discover this modern two-bedroom, two-bathroom apartment located in the sought-after Mann Island development in Liverpool. Built in 2012, this residence offers contemporary living with an open-plan lounge and dining area, complemented by a sleek galley-style kitchen featuring black gloss units, integrated full-size fridge freezer, and halogen hob with electric oven.

The spacious lounge provides beautiful views over the iconic Royal Albert Dock, making it a perfect spot to relax and unwind. Both double bedrooms are well-proportioned, with the master bedroom boasting an en-suite bathroom and fitted wardrobe.

Additional features include a utility cupboard in the long hallway for extra storage and a modern family bathroom equipped with a bath and mixer shower.

Mann Island's prime location means you're just a short walk away from Liverpool One, offering an array of shops, bars, restaurants, and a cinema. Excellent transport links are nearby, including bus depots and several train stations.

Properties in this area at this price point are rare. Act fast to secure this fantastic opportunity!

Agent Details

The Agency UK, Covering Nationwide

020 3910 6171

Next Steps?

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