2 Bed Flat, Public Notice, Liverpool, L32 6SN, £55,000

25 Medbourne Court, Liverpool, L32 6SN - a year ago

Leasehold
BTL
ROI: 13%
~63 m²
+6 photos

ValuationUndervalued

Sold Prices£40K - £155.2K
Sold Prices/m²£741/m² - £2.4K/m²

 

 

Square Metres

~63 m²
Price/m²£873/m²

Value Estimate

£68,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Total Cash In

£17,700

 

 

Cash Out

 

Rent Range

£442 - £1,150

Rent Estimate

£471

Running Costs/mo

£286

Cashflow/mo

£185

Cashflow/yr

£2,219

ROI

13%

Gross Yield

10%

Local Sold Prices

30 sold prices from £40K to £155.2K, average is £75K. £741/m² to £2.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£50K04/210.04 mi18, Medbourne Court, Liverpool, Merseyside L32 6SN2
£40K07/230.9 miApartment 58, Willow Rise, Roughwood Drive, Liverpool, Merseyside L33 8WZ2
£44K12/210.96 mi24, Overton Close, Liverpool, Merseyside L32 5TU2
£56K09/230.97 mi6, Marnwood Walk, Liverpool, Merseyside L32 5TS2
£50K07/231 mi15, Wervin Road, Liverpool, Merseyside L32 5TY2
£41K08/211.16 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£48K04/211.16 miApartment 7, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£41K08/211.16 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£105K12/231.25 mi5, Brookward Court, Kirkby, Liverpool, Merseyside L32 1BN2
£113K05/211.55 mi1, Maple Court, Knowsley, Prescot, Merseyside L34 0BA2
£105K04/211.55 mi3, Maple Court, Knowsley, Prescot, Merseyside L34 0BA2
£135K02/231.55 mi1, Maple Court, Knowsley, Prescot, Merseyside L34 0BA2
£127K05/231.56 mi6, Cedar Court, Knowsley, Prescot, Merseyside L34 0BB2
£155.2K08/221.6 mi114, Longdown Road, Liverpool, Merseyside L10 4UT2
£80K09/221.61 mi4, Moor Court, Liverpool, Merseyside L10 0AS2
£75K08/231.61 mi30, Moor Court, Liverpool, Merseyside L10 0AS2
£62K09/231.63 miFlat 3, Glovers Court, North Park Road, Liverpool, Merseyside L32 2DP2
£75K06/211.63 miFlat 8, Glovers Court, North Park Road, Liverpool, Merseyside L32 2DP2
£120K02/241.63 miGlovers Court, Flat 12, North Park Road, Liverpool, Merseyside L32 2DP2
£75K06/211.63 miFlat 8, Glovers Court, North Park Road, Liverpool, Merseyside L32 2DP2
£69.5K07/221.66 mi44, Gribble Road, Liverpool, Merseyside L10 7NF2
£61K09/211.69 mi24, Green Gables, Kirkby, Liverpool, Merseyside L33 2EH2
£61K09/211.69 mi24, Green Gables, Kirkby, Liverpool, Merseyside L33 2EH2
£127K07/231.84 mi16, Station Road, Melling, Liverpool, Merseyside L31 1BW2
£90K01/221.84 mi10, Mond Road, Liverpool, Merseyside L10 7LJ2
£72K10/201.86 mi16, Rainbow Drive, Melling, Liverpool, Merseyside L31 1BZ2
£100K03/231.86 mi16a, Rainbow Drive, Melling, Liverpool, Merseyside L31 1BZ2
£95K10/221.93 mi21, Clements Way, Kirkby, Liverpool, Merseyside L33 4BD2
£107K06/231.93 mi31, Clements Way, Kirkby, Liverpool, Merseyside L33 4BD2
£98K03/221.93 mi29, Clements Way, Kirkby, Liverpool, Merseyside L33 4BD2

Local Rents

31 rents from £442/mo to £1.1K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£70008/240.21 mi-2
£57512/240.25 miBritonside Avenue, Southdene2
£67504/240.25 miBriton Court, Kirby, Liverpool2
£72010/240.27 mi-2
£52005/240.32 miBewley Drive, Southdene2
£70002/240.41 mi-2
£44205/240.55 miBirchmuir Hey, Liverpool, Merseyside, L322
£75005/240.62 miPondwater Close, Kirkby, Liverpool, L322
£52504/240.91 miWillow Rise, Kirkby2
£55004/240.91 mi-2
£75012/240.91 mi-2
£1,15012/240.91 mi-2
£75012/240.91 mi-2
£75012/240.91 mi-2
£75012/240.91 mi-2
£70005/240.91 mi-2
£73004/240.97 mi-2
£65004/240.97 miBeech Rise, Roughwood Drive, Kirkby, L332
£65012/240.97 mi-2
£72502/250.99 mi-2
£59505/240.99 miWervin Road Westvale2
£80004/251.02 mi-2
£62512/241.03 miJames Holt Avenue, Liverpool, Merseyside, L322
£80005/241.15 miStanton Crescent, Kirkby, L32 0UA2
£72506/241.16 mi-2
£72504/251.16 mi-2
£85005/241.2 miShobdon Close, West Derby, L122
£77507/241.22 mi-2
£75010/231.22 mi-2
£77505/241.22 mi-2
£75002/251.23 mi-2

Local Area Statistics

Population in L32

20,432

Population in Liverpool

675,519

Town centre distance

4.21 miles away

Nearest school

0.30 miles away

Nearest train station

1.45 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

-2%

Property History

Price changed to £55,000

December 11, 2024

Listed for £60,000

May 16, 2024

Floor Plans

Description

  • Chain Free +
  • Close to Local Amenities +
  • Close to Town Centre +
  • Double Glazing +
  • Gas Central Heating +
  • Off Road Parking +
  • Epc Rated "B" +
  • Council Tax Band "A" +
  • 250 Year lease form 2005 @ £100.00 p/a +
  • Service Charge £55.00 pcm +

PUBLIC NOTICE

Mortgagees in possession are now in receipt of an offer for the sum of £53,000 for 25 Medbourne Court, Liverpool, L32 6SN.

Anyone wishing to place an offer on the property should contact Doran Kennedy Sales Limited, 14 Park Brow Drive, Liverpool, L32 6QP. , before exchange of contracts or within the next 7 days whichever is sooner.

Spacious 2-Bedroom Apartment Chain Free and Close to Amenities!
Ideal for First-Time Buyers and Property Investors

Key Features:
2 Bedrooms
Chain Free
Prime Location

Location:
2 Minutes Walk to Memorial Park
Proximity to Local Shopping Parade
Excellent Transport Links: Bus Routes and Rail Station Nearby

Description:
Welcome to this charming 2-bedroom apartment, perfect for both first-time buyers and savvy property investors. Nestled in a vibrant neighbourhood, this property offers the ideal balance of tranquillity and convenience.

Step outside, and within a 2-minute walk, you'll find yourself at the beautiful Memorial Park. Enjoy serene walks that lead you towards the local shopping parade, where a variety of shops and eateries await. Public transport is a breeze with nearby bus routes and a rail station, making commuting or exploring the area effortless.

While the apartment is chain-free and ready for immediate occupation, it does require a touch of TLC to truly shine. This presents a fantastic opportunity to customize and enhance the space to your liking, adding significant value and personal flair.

Whether you're stepping onto the property ladder for the first time or looking to expand your investment portfolio, this apartment's location, potential, and accessibility make it a must-see. Don't miss out on this gem!

Contact us today to schedule a viewing and discover the potential of this delightful apartment.

ALL SERVICES/APPLIANCES HAVE NOT, AND WILL NOT BE TESTED

Hall
Entrance door from communal hallway, laminated flooring, radiator and doors to all rooms.

Lounge 7.00m (23' 0") x 2.70m (8' 10")
Upvc French doors overlooking the communal gardens, laminated flooring, radiator.

Kitchen
Beech effect base and wall units, integrated oven, hob and extractor, plumbed for washing machine, Upvc window to the side of the property.

Bedroom 1 2.50m (8' 2") x 3.50m (11' 6")
Upvc window to the rear of the property, radiator and carpeted flooring.

Bedroom 2 2.10m (6' 11") x 3.50m (11' 6")
Upvc window to the rear of the property, radiator and carpeted flooring.

Bathroom 1.70m (5' 7") x 2.50m (8' 2")
Panelled bath with overhead shower, pedestalled wash basin with low level Wc, radiator and vinyl flooring.

Garden
Large communal gardens.

Agent Details

Doran Kennedy, Kirkby

0151 453 3703

Next Steps?

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