2 Bed Flat, Single Let, Prescot, L35 5AT, £90,000

26 Whitestone Court Shaw Lane, Prescot, L35 5AT - 3 views - 10 months ago

Leasehold

BTL

ROI: 5%

59 m²

+7 photos

ValuationOvervalued

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

Square Metres	59 m²
Price/m²	£1.5K/m²
Value Estimate	£67,055£67,055

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£22,500£22,500
Stamp Duty & Legal Fees	£4,350£4,350
Total Cash In	£26,850£26,850

Cash Out
Rent Range	£650 - £1,200£650 - £1,200
Rent Estimate	£600
Running Costs/mo	£421£421
Cashflow/mo	£179£179
Cashflow/yr	£2,145£2,145
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

23 sold prices from £50K to £155K, average is £75K. £533/m² to £2.1K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£53K	05/22	0.07 mi	65, Brook Street, Whiston, Prescot, Merseyside L35 5AP	£716	74	2	Flat
£82.5K	10/21	0.26 mi	Apartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£82.5K	10/21	0.27 mi	Apartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£50K	03/21	0.27 mi	Apartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£65K	02/22	0.27 mi	Apartment 27, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£73.5K	01/24	0.27 mi	Apartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE	-	-	2	Flat
£75K	11/23	0.27 mi	Brookside Court, Apartment 20, Shaw Lane, Prescot, Merseyside L35 5AE	£1,415	53	2	Flat
£71.5K	03/22	0.31 mi	15a, Scott Avenue, Whiston, Prescot, Merseyside L35 2XT	£1,067	67	2	Flat
£72K	10/21	0.59 mi	33, Hughes Avenue, Prescot, Merseyside L35 5EH	-	-	2	Flat
£84.8K	03/23	0.59 mi	5, Hunter Court, Prescot, Merseyside L34 2UH	£1,161	73	2	Flat
£155K	03/21	0.59 mi	21, Speakman Way, Prescot, Merseyside L34 5ND	£2,061	75	2	Flat
£84.8K	08/22	0.6 mi	17, Hunter Court, Prescot, Merseyside L34 2UH	£1,161	73	2	Flat
£75K	11/22	0.62 mi	48, Hughes Avenue, Prescot, Merseyside L35 5EP	£1,112	67	2	Flat
£63.5K	08/21	0.62 mi	50, Hughes Avenue, Prescot, Merseyside L35 5EP	£920	69	2	Flat
£70K	07/23	0.62 mi	50, Hughes Avenue, Prescot, Merseyside L35 5EP	£1,014	69	2	Flat
£65K	08/22	0.67 mi	121, Beaconsfield, Prescot, Merseyside L34 5PF	£956	68	2	Flat
£117.5K	06/23	0.72 mi	28, Portico Court, Prescot, Merseyside L35 7LP	£1,865	63	2	Flat
£90K	03/22	0.72 mi	5, Portico Court, Prescot, Merseyside L35 7LP	£1,429	63	2	Flat
£57K	02/21	0.73 mi	90, Beaconsfield, Prescot, Merseyside L34 5PE	£533	107	2	Flat
£72.5K	05/23	0.78 mi	22, Meribel Square, Prescot, Merseyside L34 5TH	-	-	2	Flat
£77.5K	11/23	0.78 mi	2, Meribel Square, Prescot, Merseyside L34 5TH	£1,571	49	2	Flat
£90K	09/21	0.81 mi	3, Grosvenor Court, Prescot, Merseyside L34 6NF	£1,429	63	2	Flat
£100K	06/21	0.9 mi	Flat 6, Alexander House, Rio Court, Prescot, Merseyside L34 6NE	-	-	2	Flat

Local Rents

35 rents from £650/mo to £1.2K/mo, average is £840/mo.

Rent	Date	Distance	Address	Beds	Type
£850	12/24	0.11 mi	-	2	Terraced House
£850	02/25	0.12 mi	-	2	Semi-Detached House
£850	12/24	0.26 mi	-	2	Terraced House
£800	11/24	0.31 mi	-	2	Flat
£840	12/24	0.32 mi	-	2	Semi-Detached House
£840	12/24	0.32 mi	Broadlands, Prescot, L35	2	Semi-Detached House
£950	02/24	0.32 mi	-	2	Semi-Detached House
£950	03/24	0.32 mi	-	2	Semi-Detached House
£850	12/24	0.43 mi	-	2	Flat
£795	02/25	0.43 mi	-	2	Flat
£900	05/24	0.44 mi	Bridge Road, Prescot, Merseyside, L34	2	Flat
£945	12/24	0.45 mi	Bridgefield Court, Prescot	2	Flat
£925	04/24	0.45 mi	Bridgefield Court, Prescot	2	Flat
£850	04/24	0.45 mi	-	2	Flat
£850	10/24	0.45 mi	-	2	Flat
£795	12/24	0.46 mi	-	2	Flat
£795	01/24	0.46 mi	-	2	Flat
£795	12/24	0.46 mi	-	2	Flat
£825	04/25	0.46 mi	-	2	Flat
£650	04/24	0.46 mi	Braemar Close, Whiston	2	Flat
£850	03/25	0.49 mi	-	2	Semi-Detached House
£850	12/24	0.5 mi	Kenneth Close, Prescot, Merseyside, L34	2	Flat
£850	12/24	0.5 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£775	12/24	0.5 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£775	04/24	0.5 mi	Hollins Court, Kenneth Close, Prescot, Merseyside, L34	2	Flat
£1,200	02/25	0.5 mi	-	2	Flat
£695	12/24	0.52 mi	-	2	Flat
£800	05/24	0.52 mi	Barrows Cottages, Whiston, L35	2	Terraced House
£800	06/24	0.52 mi	Barrows Cottages, Whiston, L35	2	Terraced House
£800	12/24	0.53 mi	-	2	Terraced House
£775	12/24	0.56 mi	Pendleton Court, Speakman Way, Prescot, L34	2	Flat
£750	12/23	0.57 mi	-	2	Terraced House
£925	05/24	0.59 mi	Berrywood Drive, Whiston, Prescot	2	Bungalow
£750	03/24	0.61 mi	-	2	Terraced House
£750	03/24	0.61 mi	-	2	Terraced House

Local Area Statistics

Population in L35	30,73030,730
Population in Prescot	43,00143,001
Town centre distance	0.75 miles away0.75 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.45 miles away0.45 miles away

Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Price changed to £90,000

December 4, 2024

Listed for £105,000

June 11, 2024

Floor Plans

Description

INVESTMENT +
APARTMENT +
TWO-BEDROOM +
SECURE PARKING +
CONVENIENT LOCATION +
TENANTS IN SITU (OPTIONAL) +
EPC B +
LEASEHOLD +
7 APARTMENTS AVAILABLE +

*INVESTMENT, CAN BE SOLD WITH TENANTS IN SITU*

Stapleton Derby is delighted to present this charming two-bedroom apartment, offering exclusive gated access and conveniently situated within walking distance of Whiston Hospital. This residence is part of an esteemed residential development, offering a distinctive investment prospect.

The apartment features a communal entrance stairwell, welcoming entrance hallway, a spacious kitchen/dining/living area with a delightful Juliette balcony, two bedrooms including one with an en suite and Juliette balcony, as well as a family bathroom. Outside, residents enjoy gated access leading to private parking and well-maintained grounds.

Current rent £600pcm - £700pcm (reviewable).
Current yeild 6.72% ROI, potential yeild - Strong 7.8% ROI
Tenure: Leasehold - EPC - B
Council Tax Band A - Making these attractive to tenants seeking lower tax rates.
Monthly Maintenance charge - £85

There are seven modern apartments available across two blocks with the added advantage of sitting tenants, all of whom are professionals based in the nearby Whiston Hospital.

Agent Details

Stapleton Derby, St Helens

01744 903791

Next Steps?

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