2 Bed Flat, Single Let, Prescot, L34 5NN, £90,000

Speakman Way, Prescot, Merseyside, L34 5NN - 1 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£43K - £155K
Sold Prices/m²£533/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£78,372

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£550 - £1,200

Rent Estimate

£578

Running Costs/mo

£417

Cashflow/mo

£161

Cashflow/yr

£1,934

ROI

7%

Gross Yield

8%

Local Sold Prices

31 sold prices from £43K to £155K, average is £75K. £533/m² to £2.1K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£155K03/210.04 mi21, Speakman Way, Prescot, Merseyside L34 5ND2
£65K08/220.3 mi121, Beaconsfield, Prescot, Merseyside L34 5PF2
£72K10/210.31 mi33, Hughes Avenue, Prescot, Merseyside L35 5EH2
£72.5K05/230.35 mi22, Meribel Square, Prescot, Merseyside L34 5TH2
£77.5K11/230.35 mi2, Meribel Square, Prescot, Merseyside L34 5TH2
£57K02/210.36 mi90, Beaconsfield, Prescot, Merseyside L34 5PE2
£84.8K03/230.36 mi5, Hunter Court, Prescot, Merseyside L34 2UH2
£84.8K08/220.37 mi17, Hunter Court, Prescot, Merseyside L34 2UH2
£82.5K10/210.37 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£82.5K10/210.37 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£50K03/210.37 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£65K02/220.37 miApartment 27, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£73.5K01/240.37 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£75K11/230.37 miBrookside Court, Apartment 20, Shaw Lane, Prescot, Merseyside L35 5AE2
£75K11/220.42 mi48, Hughes Avenue, Prescot, Merseyside L35 5EP2
£63.5K08/210.42 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£70K07/230.42 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£90K09/210.45 mi3, Grosvenor Court, Prescot, Merseyside L34 6NF2
£100K06/210.5 miFlat 6, Alexander House, Rio Court, Prescot, Merseyside L34 6NE2
£53K05/220.55 mi65, Brook Street, Whiston, Prescot, Merseyside L35 5AP2
£93K12/200.56 mi26, Egerton Road, Prescot, Merseyside L34 3LT2
£71.5K03/220.8 mi15a, Scott Avenue, Whiston, Prescot, Merseyside L35 2XT2
£117.5K06/230.93 mi28, Portico Court, Prescot, Merseyside L35 7LP2
£90K03/220.93 mi5, Portico Court, Prescot, Merseyside L35 7LP2
£43K11/200.94 mi45, York Road, Huyton, Liverpool, Merseyside L36 1UZ2
£66K06/230.94 mi45, York Road, Huyton, Liverpool, Merseyside L36 1UZ2
£75K06/220.94 mi39, York Road, Huyton, Liverpool, Merseyside L36 1UZ2
£60K08/210.94 mi40, Oxford Road, Huyton, Liverpool, Merseyside L36 1XQ2
£83K02/230.97 mi23, Dorset Road, Huyton, Liverpool, Merseyside L36 1XU2
£83K07/220.97 mi19, Dorset Road, Huyton, Liverpool, Merseyside L36 1XU2
£65K04/220.99 mi40, Oxford Road, Huyton, Liverpool, Merseyside L36 1XQ2

Local Rents

42 rents from £550/mo to £1.2K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£1,20002/250.06 mi-2
£85012/240.06 miKenneth Close, Prescot, Merseyside, L342
£85012/240.06 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77512/240.06 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77504/240.06 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77512/240.07 miPendleton Court, Speakman Way, Prescot, L342
£79512/240.12 mi-2
£79501/240.12 mi-2
£79512/240.12 mi-2
£82504/250.12 mi-2
£90005/240.13 miBridge Road, Prescot, Merseyside, L342
£85004/240.14 mi-2
£85010/240.14 mi-2
£94512/240.14 miBridgefield Court, Prescot2
£92504/240.14 miBridgefield Court, Prescot2
£85012/240.17 mi-2
£79502/250.17 mi-2
£95004/240.22 miPrescot Park, Prescot, L342
£75003/240.27 mi-2
£69512/240.28 mi-2
£85003/250.28 mi-2
£84012/240.29 mi-2
£84012/240.29 miBroadlands, Prescot, L352
£65005/240.3 miKemble Street, Prescot, Merseyside2
£80012/240.35 mi-2
£65004/240.39 miEccleston Street, Prescot, Merseyside, L342
£55012/240.4 mi-2
£75002/250.43 mi-2
£75012/240.43 mi-2
£75011/240.43 mi-2
£79504/240.44 mi-2
£79512/240.44 mi-2
£85012/240.46 mi-2
£69012/240.48 mi-2
£70012/240.51 miRowson Street, Prescot, Merseyside, L342
£80004/250.51 mi-2
£80004/250.51 mi-2
£85012/240.52 mi-2
£62501/250.55 mi-2
£77512/240.57 miLancaster Avenue, L352
£85012/240.59 mi-2
£95012/240.6 mi-2

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.22 miles away

Nearest school

0.20 miles away

Nearest train station

0.11 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £90,000

August 12, 2024

Description

  • Ground Floor Apartment +
  • Two Bedrooms +
  • Allocated Parking +
  • Close to Prescot Town Centre +
  • Popular Location +
  • EPC Grade C +
  • Council Tax Band A +

ATTENTION INVESTORS.... This home is currently being sold with a tenant in situ, the tenant is paying £775 per month. This home offers two bedrooms, a spacious modern kitchen/dining/living room area, bathroom space and resident parking. This is not an opportunity to be missed so call the team today to book your viewing. EPC GRADE C - COUNCIL TAX BAND A. LEASEHOLD PROPERTY - TERM: 125 years from the 1/1/2008.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

PRE230444/2

Agent Details

Reeds Rains, Prescot

0151 453 8584

Next Steps?

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