2 Bed Terraced House, Single Let, Liverpool, L21 8HY, £80,000

Pennington Road, Liverpool, L21 8HY - 12 views - 9 months ago

Under Offer
BTL
ROI: 9%
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£35K - £115K
Sold Prices/m²£489/m² - £1.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£69,715

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£550 - £1,100

Rent Estimate

£563

Running Costs/mo

£383

Cashflow/mo

£180

Cashflow/yr

£2,165

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £35K to £115K, average is £72.6K. £489/m² to £1.6K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£108K11/220 mi44, Pennington Road, Litherland, Liverpool, Merseyside L21 8HY2
£69K10/200.01 mi54, Pennington Road, Liverpool, Merseyside L21 8HY2
£65K07/210.01 mi31, Kirk Road, Liverpool, Merseyside L21 8HU2
£80K04/210.01 mi37, Kirk Road, Liverpool, Merseyside L21 8HU2
£70K02/210.03 mi24, Kirk Road, Liverpool, Merseyside L21 8HX2
£70K04/210.04 mi10, Cobb Avenue, Liverpool, Merseyside L21 8JA2
£106K11/220.12 mi42, Riddock Road, Liverpool, Merseyside L21 8HT2
£64K03/230.12 mi36, Riddock Road, Liverpool, Merseyside L21 8HT2
£65K01/230.12 mi38, Riddock Road, Liverpool, Merseyside L21 8HT2
£85K10/200.14 mi49, Hartwell Street, Liverpool, Merseyside L21 8JN2
£78K11/230.14 mi29, Kilburn Street, Liverpool, Merseyside L21 8HN2
£82K08/230.15 mi22, Kilburn Street, Liverpool, Merseyside L21 8HW2
£63K05/230.15 mi40, Kilburn Street, Liverpool, Merseyside L21 8HW2
£91K11/220.16 mi44, Beechwood Road, Litherland, Liverpool, Merseyside L21 8JZ2
£75.5K02/230.16 mi14, Chelsea Road, Litherland, Liverpool, Merseyside L21 8HJ2
£62K12/200.16 mi68, Kilburn Street, Liverpool, Merseyside L21 8HW2
£70K06/210.17 mi9, Bowden Street, Liverpool, Merseyside L21 8LL2
£74.1K10/230.17 mi20, Bowden Street, Liverpool, Merseyside L21 8LL2
£88K11/220.17 mi49, Bowden Street, Liverpool, Merseyside L21 8LL2
£69.5K09/210.18 mi53, Longfield Road, Liverpool, Merseyside L21 8LA2
£97.5K11/220.18 mi41, Hinton Street, Litherland, Liverpool, Merseyside L21 8LS2
£103K06/230.18 mi28, Hinton Street, Litherland, Liverpool, Merseyside L21 8LS2
£110K10/230.18 mi51, Hinton Street, Litherland, Liverpool, Merseyside L21 8LS2
£82K12/220.33 mi10, Prior Street, Bootle, Merseyside L20 4PS2
£65K03/230.33 mi41, Prior Street, Bootle, Merseyside L20 4PS2
£71K11/210.34 mi18, Waller Street, Bootle, Merseyside L20 4PU2
£58K04/210.34 mi23, Warton Street, Bootle, Merseyside L20 4PX2
£75K04/230.34 mi4, Warton Street, Bootle, Merseyside L20 4PX2
£65K02/230.34 mi27, Smollett Street, Bootle, Merseyside L20 4PT2
£51.3K02/210.34 mi26, Smollett Street, Bootle, Merseyside L20 4PT2
£55K11/200.34 mi54, Pope Street, Bootle, Merseyside L20 4PH2
£110K02/230.35 mi14, Scott Street, Bootle, Merseyside L20 4PF2
£110K07/230.36 mi50, Percy Street, Bootle, Merseyside L20 4PQ2
£35K01/210.41 mi9, Ince Avenue, Litherland, Liverpool, Merseyside L21 6NL2
£68K12/200.41 mi73, Thornton Road, Bootle, Merseyside L20 5AN2
£115K06/230.41 mi12, May Street, Bootle, Merseyside L20 5BE2
£70.1K02/210.43 mi26, Kipling Street, Bootle, Merseyside L20 4QE2
£54.3K03/210.43 mi4, Kipling Street, Bootle, Merseyside L20 4QE2
£95K09/210.45 mi56, Eaton Avenue, Liverpool, Merseyside L21 6NQ2
£45K06/210.45 mi11, Gray Street, Bootle, Merseyside L20 4RY2
£75K09/210.45 mi24, Bowles Street, Bootle, Merseyside L20 4QF2
£75K08/210.45 mi22, Bowles Street, Bootle, Merseyside L20 4QF2
£63K01/210.46 mi70, Dryden Street, Bootle, Merseyside L20 4RU2
£105K08/210.46 mi223, Litherland Road, Bootle, Merseyside L20 5AU2
£80K10/210.49 mi4, Kepler Street, Seaforth, Liverpool, Merseyside L21 3TF2
£75K11/200.49 mi10, Kepler Street, Seaforth, Liverpool, Merseyside L21 3TF2
£67.5K11/200.49 mi61, Tennyson Street, Bootle, Merseyside L20 4LE2
£70K03/210.49 mi51, Tennyson Street, Bootle, Merseyside L20 4LE2
£54K12/200.49 mi11, Lime Grove, Seaforth, Liverpool, Merseyside L21 3TT2
£80K10/200.5 mi15, Glover Place, Bootle, Merseyside L20 4QR2

Local Rents

51 rents from £550/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£85003/250.03 mi-2
£69505/240.05 miLander Road, Litherland, Merseyside, L212
£75004/240.12 mi-2
£75004/250.14 mi-2
£72505/240.16 miBarnton Close, Bootle, L202
£70012/240.16 miBeechwood Road, Litherland, Liverpool, L21 8JY2
£75005/240.17 miMildmay Road, Bootle2
£75004/250.2 mi-2
£75012/240.2 mi-2
£80005/240.21 miLinacre Road, Liverpool, L212
£80005/240.21 miLinacre Road, Liverpool, L212
£80012/240.21 mi-2
£80012/240.21 mi-2
£72505/240.21 mi-2
£69503/250.21 mi-2
£77512/240.26 mi-2
£75003/250.27 mi-2
£85012/240.32 mi-2
£70012/240.34 mi-2
£70003/250.35 mi-2
£75004/250.35 mi-2
£74505/240.35 miSmollett Street, Bootle, L202
£74505/240.35 mi-2
£72504/250.36 mi-2
£75004/240.4 miMoore Street, BOOTLE2
£65004/240.41 mi-2
£65004/240.41 mi-2
£67503/250.41 mi-2
£70006/240.42 miFalconer Street, Bootle, Liverpool, L202
£75012/240.43 miEaton Avenue, Litherland, Liverpool2
£57505/240.44 miPeel Road, Bootle2
£75005/240.45 miBowles Street, Bootle2
£67504/240.46 miSpenser Street, Bootle2
£75003/250.46 mi-2
£65005/240.47 mi-2
£75003/250.47 mi-2
£65002/240.48 mi-2
£55005/240.49 miShelley Street, Bootle2
£70005/240.49 miCowper Street, Bootle, L20 4RS2
£78012/240.5 mi-2
£77501/250.5 mi-2
£75002/240.5 mi-2
£57504/240.53 miSeaforth Vale North, Liverpool2
£75008/240.53 mi-2
£62502/240.55 mi-2
£70004/240.56 miSeaforth Road, Seaforth L21 3TX2
£1,10003/240.56 mi-2
£79504/240.57 miSeaforth Road, Liverpool, Merseyside, L212
£62512/240.57 miSeaforth Road, Liverpool, L212
£65006/240.58 mi-2
£75004/250.61 mi-2

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

0.79 miles away

Nearest school

0.50 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £80,000

July 18, 2024

Description

  • No Onward Chain +
  • Ideal first home or investment +
  • Kitchen with access into rear yard +
  • Family sized bathroom +
  • Spacious through lounge +
  • Council Tax Band A +
  • EPC Rating - D +
  • Perfect for First Time Buyers or BTL Investors - Rental Assessment £8,400 per annum. +
  • FREEHOLD +

NO CHAIN - IDEAL FOR INVESTMENT OR FIRST TIME BUYERS

LYONS ESTATES are pleased to offer FOR SALE two-bedroom home located on Pennington Road, Litherland. With excellent transport links and nearby amenities, once modernised offers convenience and comfort for modern living.  

The property boasts one spacious, and open plan reception room, providing versatile spaces for relaxation and entertainment. The kitchen offers convenient access to the rear yard.

Upstairs, you’ll find two well-proportioned bedrooms, perfect for a growing family or professionals. The first floor features a family bathroom, ensuring convenience for all residents.

Situated in a sought-after area, this home is within the catchment area for local schools, making it an ideal choice for families. Don’t miss out on this fantastic opportunity to own a delightful property in Litherland.

Perfect for First Time Buyers or BTL Investors - Rental Assessment £8,400 per annum.

Call us now to arrange a viewing!

PROPERTY MISDESCRIPTIONS ACT 1991
"The Agent has not tested any apparatus, equipment, fixture, fittings or services, and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect. Neither has the Agent checked the legal documentation to verify legal status of the property or the validity of any guarantee. A buyer must assume the information is incorrect, until it has been verified by their own solicitors."

"The measurements supplied are for general guidance, and as such must be considered as incorrect. A buyer is advised to re-check the measurements themselves before committing themselves to any expense."

"Nothing concerning the type of construction or the condition of the structure is to be implied from the photograph of the property."

"The sales particulars may change in the course of time, and any interested party is advised to make final inspection of the property prior to exchange of contracts".

MISREPRESENTATION ACT 1967
"These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.

If any interested party wishes to rely upon any information from the agent, then a request should be made and specific written confirmation can be provided. The Agent will not be responsible for any verbal statement made by any member of staff, as only a specific written confirmation should be relied upon. The Agent will not be responsible for any loss other than when specific written confirmation has been requested."

Agent Details

Lyons Estates Ltd, Liverpool

0151 453 4335

Next Steps?

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