2 Bed Flat, Single Let, Liverpool, L16 6AN, £140,000

FORBES HOUSE Score Lane, Liverpool, Merseyside, L16 6AN - 3 views - 9 months ago

Sold STC

Leasehold

BTL

ROI: 1%

72 m²

+12 photos

ValuationUndervalued

Sold Prices	£41.3K - £283K
Sold Prices/m²	£655/m² - £3.1K/m²

Square Metres	71.52 m²
Price/m²	£2K/m²
Value Estimate	£171,168£171,168
BMV	14%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£35,000£35,000
Stamp Duty & Legal Fees	£5,700£5,700
Total Cash In	£40,700£40,700

Cash Out
Rent Range	£650 - £1,300£650 - £1,300
Rent Estimate	£666
Running Costs/mo	£591£591
Cashflow/mo	£75£75
Cashflow/yr	£904£904
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

26 sold prices from £41.3K to £283K, average is £140K. £655/m² to £3.1K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£155K	12/22	0 mi	Apartment 1, Forbes House, Score Lane, Liverpool, Merseyside L16 6AN	-	-	2	Flat
£160K	03/23	0 mi	Apartment 6, Forbes House, Score Lane, Liverpool, Merseyside L16 6AN	-	-	2	Flat
£160K	04/22	0.05 mi	Apartment 2, Forbes House, Score Lane, Liverpool, Merseyside L16 6AN	-	-	2	Flat
£150K	01/23	0.28 mi	19, Charnley Drive, Wavertree, Liverpool, Merseyside L15 6WA	£2,778	54	2	Flat
£125K	06/21	0.3 mi	3, Molineux Avenue, Liverpool, Merseyside L14 3LT	£1,712	73	2	Flat
£55K	04/22	0.31 mi	Flat 7, Seymour Court, Seymour Road, Broadgreen, Liverpool, Merseyside L14 3LH	£1,107	50	2	Flat
£135K	12/22	0.63 mi	55, Davenham Court, Liverpool, Merseyside L15 8GD	£2,143	63	2	Flat
£140K	06/22	0.64 mi	7, Davenham Court, Liverpool, Merseyside L15 8GD	£2,188	64	2	Flat
£120K	03/23	0.65 mi	4, Davenham Court, Liverpool, Merseyside L15 8GD	£2,326	52	2	Flat
£140K	08/22	0.65 mi	17, Davenham Court, Liverpool, Merseyside L15 8GD	-	-	2	Flat
£136K	10/22	0.65 mi	21, Davenham Court, Liverpool, Merseyside L15 8GD	£2,423	56	2	Flat
£143K	07/22	0.65 mi	14, Davenham Court, Liverpool, Merseyside L15 8GD	-	-	2	Flat
£136.5K	12/22	0.66 mi	20, Davenham Court, Liverpool, Merseyside L15 8GD	£2,730	50	2	Flat
£136.5K	12/22	0.66 mi	50, Davenham Court, Liverpool, Merseyside L15 8GD	-	-	2	Flat
£73K	01/23	0.67 mi	10, Larch Grove, Liverpool, Merseyside L15 8AH	£1,490	49	2	Flat
£42.5K	11/20	0.67 mi	11, Larch Grove, Liverpool, Merseyside L15 8AH	£759	56	2	Flat
£85K	10/22	0.71 mi	Flat 11, Kingfisher House, Pighue Lane, Liverpool, Merseyside L13 1DQ	-	-	2	Flat
£100K	05/23	0.72 mi	20, Maberley View, Wavertree, Liverpool, Merseyside L15 8JT	£2,703	37	2	Flat
£265K	02/23	0.93 mi	10, Menlove Mansions, Liverpool, Merseyside L18 2HY	£2,944	90	2	Flat
£283K	12/22	0.94 mi	22, Menlove Mansions, Liverpool, Merseyside L18 2HY	£3,144	90	2	Flat
£235K	11/20	0.94 mi	18, Menlove Mansions, Liverpool, Merseyside L18 2HY	£2,670	88	2	Flat
£235K	06/21	0.94 mi	14, Menlove Mansions, Liverpool, Merseyside L18 2HY	£2,611	90	2	Flat
£208K	03/21	0.94 mi	2, Menlove Mansions, Liverpool, Merseyside L18 2HY	£2,364	88	2	Flat
£236K	02/21	0.94 mi	4, Menlove Mansions, Liverpool, Merseyside L18 2HY	£2,682	88	2	Flat
£230K	07/21	0.94 mi	29, Menlove Mansions, Liverpool, Merseyside L18 2HY	£2,614	88	2	Flat
£41.3K	10/23	0.97 mi	100h, Hartsbourne Avenue, Liverpool, Merseyside L25 1RD	£655	63	2	Flat

Local Rents

51 rents from £650/mo to £1.3K/mo, average is £800/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	02/25	0.04 mi	-	2	Flat
£900	04/24	0.19 mi	Orchard Avenue L14	2	Flat
£950	10/24	0.34 mi	-	2	Flat
£900	07/24	0.38 mi	Ruthven Road, Old Swan, Liverpool, Merseyside, L13	2	Flat
£675	05/24	0.58 mi	Olive Mount Road, Liverpool	2	Flat
£750	05/24	0.62 mi	Berrydale Road, Broadgreen, L14	2	Flat
£800	02/25	0.63 mi	-	2	Flat
£750	07/24	0.65 mi	Mulrankin Court, L13	2	Flat
£825	04/25	0.65 mi	-	2	Flat
£950	01/25	0.66 mi	-	2	Flat
£750	10/23	0.67 mi	-	2	Flat
£950	11/23	0.67 mi	-	2	Flat
£795	02/24	0.68 mi	-	2	Flat
£650	05/24	0.71 mi	-	2	Flat
£750	04/24	0.73 mi	Childwall Abbey Road, Liverpool, Merseyside, L16	2	Flat
£750	02/25	0.74 mi	-	2	Terraced House
£700	07/24	0.74 mi	-	2	Flat
£750	04/25	0.75 mi	-	2	Terraced House
£890	12/24	0.75 mi	-	2	Flat
£1,200	02/24	0.78 mi	-	2	Flat
£800	04/24	0.79 mi	Munster Road, Liverpool, L13	2	Terraced House
£800	04/24	0.79 mi	-	2	Terraced House
£800	04/24	0.79 mi	-	2	Terraced House
£800	06/24	0.79 mi	-	2	Terraced House
£725	05/24	0.81 mi	Killarney Road Old Swan Liverpool L13 5SW	2	Terraced House
£725	04/25	0.81 mi	-	2	Terraced House
£695	10/23	0.81 mi	Broadgreen Road, Liverpool - Duplex Apartment	2	Flat
£725	05/24	0.81 mi	-	2	Terraced House
£1,100	10/23	0.82 mi	45 St Oswalds Street, Liverpool, Merseyside, L13	2	Flat
£1,100	08/24	0.82 mi	45 St Oswalds Street, Liverpool, Merseyside, L13	2	Flat
£750	09/24	0.82 mi	Killarney Road, Liverpool, L13	2	Terraced House
£850	09/24	0.83 mi	-	2	Terraced House
£725	04/24	0.84 mi	Binns Road, Liverpool, Merseyside, L13	2	Terraced House
£995	04/25	0.85 mi	-	2	Terraced House
£1,200	04/24	0.86 mi	Church Road, Liverpool, Merseyside, L15	2	Flat
£650	05/24	0.86 mi	Waterloo Street, L15 8JW,	2	Terraced House
£775	11/24	0.87 mi	-	2	Terraced House
£695	08/24	0.87 mi	Armour Grove, Old Swan, Liverpool, Merseyside, L13 1BN	2	Terraced House
£695	08/24	0.87 mi	Armour Grove, Old Swan, Liverpool, Merseyside, L13 1BN	2	Terraced House
£1,100	01/25	0.87 mi	-	2	Flat
£750	06/24	0.88 mi	Vincent Street, Liverpool	2	House
£850	09/24	0.88 mi	-	2	Terraced House
£700	05/24	0.9 mi	Sandown Road, Wavertree L15	2	Flat
£850	12/24	0.91 mi	-	2	Flat
£895	04/25	0.91 mi	-	2	Flat
£850	01/25	0.91 mi	-	2	Flat
£1,300	05/24	0.92 mi	Grove Manor, L15 8HS *AVAILABLE WITH ZERO DEPOSIT*	2	Flat
£875	02/24	0.92 mi	-	2	Flat
£750	05/24	0.93 mi	Sandown Road, Wavertree, L15	2	Flat
£1,100	05/24	0.93 mi	-	2	Terraced House
£1,100	05/24	0.93 mi	Lichfield Road, Wavertree, Liverpool, L15	2	Terraced House

Local Area Statistics

Population in L16	15,03915,039
Population in Liverpool	675,519675,519
Town centre distance	4.97 miles away4.97 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.26 miles away0.26 miles away

Rental growth (12m)	+83%+83%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+29%+29%

Property History

Price changed to £140,000

December 4, 2024

Listed for £150,000

August 1, 2024

Sold for £85,000

2004

Floor Plans

Description

Welcome to your new home! This modern and spacious ground floor, two-bedroom property offers contemporary living in a highly sought-after location, perfect for those looking to balance urban convenience with a touch of tranquillity. With added benefits such as gated resident parking and intercom system.

As you step into the property, you are greeted by a welcoming hallway that leads into a large, bright lounge. This generous living space is perfect for relaxing or entertaining guests and is big enough for a dining area. Just off the lounge, you will find a fully fitted kitchen equipped with modern appliances, ample storage, and stylish countertops, making it a joy for any home cook.

The property features two well-proportioned bedrooms, each designed to provide a comfortable and restful atmosphere. The bathroom is modern and tastefully decorated, complete with fixtures and fittings.

One of the standout features of this property is the beautiful French doors that open onto a private patio area, perfect for al fresco dining or enjoying a morning coffee, beyond the patio, you'll find well-maintained gardens.

Situated in a prime location, this property benefits from excellent transport links, providing easy access to the city and beyond. Whether you're commuting for work or exploring the area's vibrant culture and amenities, you'll find everything within easy reach.

Don't miss the opportunity to make this great property your new home. Contact us today to arrange a viewing!

Agent Details

Entwistle Green, Allerton

0151 453 3741

Next Steps?

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

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