2 Bed Flat, Cash/Bridging Only, Liverpool, L8 5AE, £189,000

The Tower, 19 Plaza Boulevard, Liverpool, L8 5AE - 2 views - 9 months ago

Leasehold
Cash
ROI: 4%
~60 m²
+8 photos

ValuationOvervalued

Sold Prices£95K - £315K
Sold Prices/m²£1.5K/m² - £3.4K/m²

 

 

Square Metres

~59.90 m²
Price/m²£3.2K/m²

Value Estimate

£155,990

 

 

End Value (After Refurb)

£184,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,250

Stamp Duty & Legal Fees

£10,650

Refurb Costs

£25,328

Bridging Loan Interest

£4,961

Total Cash In

£89,939

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£184,500

Mortgage (After Refinance)

£138,375

Mortgage LTV

75%

Cash Left In

£89,939

Equity

£46,125

Rent Range

£890 - £1,350

Rent Estimate

£1,075

Running Costs/mo

£812

Cashflow/mo

£263

Cashflow/yr

£3,161

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £95K to £315K, average is £177K. £1.5K/m² to £3.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£150K09/230.12 mi8, The Anchorage, Liverpool, Merseyside L3 4DR2
£187.5K08/230.12 mi46, The Anchorage, Liverpool, Merseyside L3 4DR2
£120K02/210.12 mi26, The Anchorage, Liverpool, Merseyside L3 4DR2
£150K05/230.22 mi65, The Anchorage, Liverpool, Merseyside L3 4DX2
£175K09/230.22 mi91, The Anchorage, Liverpool, Merseyside L3 4DX2
£170K07/210.28 mi21, Coburg Wharf, Liverpool, Merseyside L3 4EB2
£184K03/230.29 mi176, Quebec Quay, Liverpool, Merseyside L3 4ES2
£180K06/210.29 mi151, Quebec Quay, Liverpool, Merseyside L3 4ES2
£177K12/200.29 mi158, Quebec Quay, Liverpool, Merseyside L3 4ES2
£300K03/210.29 mi173, Quebec Quay, Liverpool, Merseyside L3 4ES2
£185K08/210.29 mi169, Quebec Quay, Liverpool, Merseyside L3 4ES2
£183K09/210.29 mi170, Quebec Quay, Liverpool, Merseyside L3 4ES2
£202K08/210.3 mi167, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£214K04/240.3 mi127, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£243K02/240.3 mi85, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£203K09/230.3 mi111, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£200K10/210.3 mi129, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£163K11/200.32 mi21, Quebec Quay, Liverpool, Merseyside L3 4EP2
£172K10/200.32 mi7, Quebec Quay, Liverpool, Merseyside L3 4EP2
£170K02/210.32 mi15, Quebec Quay, Liverpool, Merseyside L3 4EP2
£180K11/200.32 mi12, Quebec Quay, Liverpool, Merseyside L3 4EP2
£179K09/230.32 mi30, Quebec Quay, Liverpool, Merseyside L3 4EP2
£165K11/200.32 mi31, Quebec Quay, Liverpool, Merseyside L3 4EP2
£210K12/200.34 mi90, Quebec Quay, Liverpool, Merseyside L3 4ER2
£185K07/210.34 mi79, Quebec Quay, Liverpool, Merseyside L3 4ER2
£117.5K07/210.37 mi20, Anglican Court, Liverpool, Merseyside L8 1YY2
£315K11/230.38 miEast Quay, Flat 48, Wapping Quay, Liverpool, Merseyside L3 4BU2
£260K12/200.38 miFlat 11, North Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£275K10/200.38 miFlat 38, East Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£285K04/240.38 miEast Quay, Flat 33, Wapping Quay, Liverpool, Merseyside L3 4BU2
£122.5K09/230.38 mi20c, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£118.5K01/210.38 mi8a, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£120K05/240.38 mi6b, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£122K10/220.39 mi20d, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£170K07/230.39 mi214, South Ferry Quay, Liverpool, Merseyside L3 4EH2
£181.6K12/230.39 mi215, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£216K10/200.39 mi267, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£196.8K03/210.39 mi207, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£177K03/240.39 mi249, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£175K05/230.42 mi284, South Ferry Quay, Liverpool, Merseyside L3 4EJ2
£280K02/230.46 mi350, South Ferry Quay, Liverpool, Merseyside L3 4EL2
£150.5K01/230.49 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£113K03/230.49 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150K10/200.49 mi40, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£195K02/210.53 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.53 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£131K11/210.54 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£95K09/230.56 mi21, Acorn Court, Liverpool, Merseyside L8 5TA2
£125K10/230.56 mi40, Acorn Court, Liverpool, Merseyside L8 5TA2
£155K09/230.77 mi109, Benson Street, Liverpool, Merseyside L1 2SS2

Local Rents

51 rents from £890/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,07504/240 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,20005/240 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,15005/240 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,15005/240 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,05004/240.01 miPlaza Boulevard, Liverpool, Merseyside, L82
£97506/240.02 miThe Terrace, 11 Plaza Boulevard, Liverpool, L82
£92504/240.03 miThe Terrace, 11 Plaza Boulevard, Liverpool, L82
£95005/240.03 miThe Terrace, 11 Plaza Boulevard, Liverpool, L82
£95005/240.03 miThe Terrace, 11 Plaza Boulevard, Liverpool, L82
£97506/240.03 miThe Terrace, 11 Plaza Boulevard, Liverpool, L82
£95005/240.04 miThe Terrace, 11 Plaza Boulevard, Liverpool, L82
£1,20004/240.04 miApartment , Plaza Boulevard, Liverpool2
£90004/240.04 miThe Gallery, 14 Plaza Boulevard, Liverpool, L82
£1,25004/240.04 mi-2
£90004/240.05 mi14 Plaza Boulevard, Liverpool, Merseyside, L82
£1,05004/240.05 mi-2
£99504/240.05 mi-2
£1,00003/250.05 mi-2
£1,00002/240.05 mi14 Plaza Boulevard, Liverpool2
£95004/240.05 miThe Gallery, 14 Plaza Boulevard, Liverpool, L82
£95005/240.05 miThe Gallery, 14 Plaza Boulevard, Liverpool, L82
£1,05006/240.05 miThe Gallery, 14 Plaza Boulevard, Liverpool, L82
£1,20004/240.05 mi-2
£1,20004/240.06 miThe Summit Parliament Street, Liverpool, Merseyside, L82
£1,20004/240.06 miParliament Street, Liverpool, Merseyside, L82
£1,20005/240.06 miThe Summit Parliament Street, Liverpool, Merseyside, L82
£1,35006/240.06 miThe Summit, Parliament Street. L82
£1,07504/240.07 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,05004/240.07 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,20005/240.07 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,20005/240.07 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£1,20005/240.07 miThe Tower, 19 Plaza Boulevard, Liverpool, L82
£95004/240.08 miThe Courtyard, 3 Stanhope St, Liverpool, L82
£89005/240.08 miThe Courtyard, 3 Stanhope St, Liverpool, L82
£97505/240.08 miThe Courtyard, 3 Stanhope St, Liverpool, L82
£1,20005/240.08 miThe Courtyard, 3 Stanhope St, Liverpool, L82
£1,10005/240.08 miThe Summit, Parliament Street, Liverpool, L82
£1,20004/250.08 mi-2
£99505/240.11 mi-2
£99505/240.11 miParliament Street, Liverpool, L82
£97505/240.11 mi-2
£97505/240.11 mi-2
£97505/240.11 miParliament Street, Liverpool, L82
£1,05004/240.13 miThe Terrace, 11 Plaza Boulevard, Liverpool2
£1,10005/240.13 miOne Baltic Square ,Grafton Street, Liverpool, Merseyside, L82
£1,05005/240.13 miOne Baltic Square ,Grafton Street, Liverpool, Merseyside, L82
£1,10005/240.13 miOne Baltic Square ,Grafton Street, Liverpool, Merseyside, L82
£1,15005/240.13 miOne Baltic Square ,Grafton Street, Liverpool, Merseyside, L82
£1,05005/240.13 miOne Baltic Square ,Grafton Street, Liverpool, Merseyside, L82
£1,05005/240.13 miOne Baltic Square ,Grafton Street, Liverpool, Merseyside, L82
£1,10005/240.13 miOne Baltic Square ,Grafton Street, Liverpool, Merseyside, L82

Local Area Statistics

Population in L8

32,039

Population in Liverpool

675,519

Town centre distance

4.53 miles away

Nearest school

0.20 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+50%

Property History

Price changed to £189,000

February 8, 2025

Price changed to £199,000

December 4, 2024

Listed for £209,000

July 17, 2024

Floor Plans

Description

  • 4th Floor Apartment +
  • Fully Furnished +
  • Tenant in situ +
  • Includes a secure underground parking bay +
  • Baltic Triangle Location +

Apartment 407 & Underground Parking for Sale.

Don’t miss this stunning fully furnished 4th floor apartment in X1 The Tower. The flat boasts stunning floor to ceiling windows with a view towards the iconic Liverpool Waterfront. The apartment also benefits from a secure underground parking space.

The apartment comes with a tenant in situ with management company in place - making it a ready-made investment for an incoming buyer.

The Tower is located in the much sought after Baltic Triangle and is a short walk to the amazing variety of bars, restaurants and entertainment the area has to offer.

This building is just a 5 minute walk to the beautiful Albert Dock and within walking distance to the heart of Liverpool city centre.

An overnight security guard is stationed on site every evening until early morning.

Rental achievable - £1075 pcm (May 2025) plus £75 monthly for car parking.
Management fee - 9% Plus VAT - X1 Full management
EPC Rating: B
Council Tax Band C
Ground rent - £511 p/a - 5 Year RPI - Cash Buyers encouraged due to ground rent threshold
Service Charge (2025)- £2,852.87 per Anum

Agent Details

X1 Sales & Lettings, Salford

0151 453 8069

Next Steps?

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