2 Bed Terraced House, Potential PLO/LOA, Liverpool, L9 6AB, £75,000

Pirrie Road, Liverpool, L9 6AB - 18 views - 8 months ago

Sold STC
Leasehold
Negative Equity
ROI: 13%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£62K - £170K
Sold Prices/m²£1.1K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£93,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£575 - £950

Rent Estimate

£608

Running Costs/mo

£376

Cashflow/mo

£232

Cashflow/yr

£2,784

ROI

13%

Gross Yield

10%

Local Sold Prices

34 sold prices from £62K to £170K, average is £105.5K. £1.1K/m² to £4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£62K12/200 mi34, Pirrie Road, Liverpool, Merseyside L9 6AB2
£65K03/210.02 mi25, Pirrie Road, Liverpool, Merseyside L9 6AA2
£75.5K08/230.02 mi75, Pirrie Road, Liverpool, Merseyside L9 6AA2
£75K04/230.07 mi26, Torrisholme Road, Liverpool, Merseyside L9 6AT2
£77K12/230.09 mi9, Torrisholme Road, Liverpool, Merseyside L9 6AS2
£93K03/230.13 mi27, Tilston Close, Liverpool, Merseyside L9 6DZ2
£126K11/210.31 mi150, Bulford Road, Liverpool, Merseyside L9 6AZ2
£97K02/230.32 mi10, Elstead Road, Walton, Liverpool, Merseyside L9 6BE2
£120.5K07/240.35 mi7, Studland Road, Liverpool, Merseyside L9 6BA2
£100K11/200.42 mi10, Caspian Road, Liverpool, Merseyside L4 9XS2
£125K10/230.47 mi15, Chestnut Road, Walton, Liverpool, Merseyside L9 1HY2
£95K11/220.47 mi21, Chestnut Road, Walton, Liverpool, Merseyside L9 1HY2
£140K03/240.47 mi18, Chestnut Road, Walton, Liverpool, Merseyside L9 1HY2
£144K07/240.56 mi49, Carnation Road, Liverpool, Merseyside L9 1HX2
£120K05/230.56 mi45, Carnation Road, Liverpool, Merseyside L9 1HX2
£170K10/230.56 mi38, Lobelia Avenue, Liverpool, Merseyside L9 1JB2
£95K02/210.56 mi38, Lobelia Avenue, Liverpool, Merseyside L9 1JB2
£120K07/210.62 mi8, Swallow Fields, Liverpool, Merseyside L9 6ED2
£111K02/210.63 mi12, Buttercup Way, Liverpool, Merseyside L9 1JQ2
£155K04/240.66 mi37, Foxglove Close, Liverpool, Merseyside L9 6EG2
£100K03/210.66 mi1, Limetree Close, Liverpool, Merseyside L9 1JH2
£106K09/230.71 mi50, Lavender Way, Liverpool, Merseyside L9 1JN2
£85K04/210.71 mi52, Lavender Way, Liverpool, Merseyside L9 1JN2
£130K03/240.73 mi59, Conifer Close, Walton, Liverpool, Merseyside L9 1JW2
£125K03/210.83 mi9, Langland Close, Liverpool, Merseyside L4 8RZ2
£107.5K11/230.83 mi2, Blackbrook Close, Liverpool, Merseyside L9 1HH2
£105K07/210.84 mi2, Angelica Drive, Liverpool, Merseyside L11 2YG2
£87K07/210.85 mi22, Sandeman Road, Liverpool, Merseyside L4 8RX2
£136K04/210.87 mi10, Kinmel Close, Liverpool, Merseyside L4 8RY2
£96K07/210.89 mi32, Cottesbrook Road, Liverpool, Merseyside L11 3AF2
£83K04/230.91 mi284, Cherry Lane, Liverpool, Merseyside L4 8SG2
£75K07/230.91 mi11, Hartleys Village, Liverpool, Merseyside L9 7AH2
£125K01/230.93 mi2, Homestall Road, Liverpool, Merseyside L11 2TX2
£125K07/230.99 mi35, Ardrossan Road, Anfield, Liverpool, Merseyside L4 7XR2

Local Rents

15 rents from £575/mo to £950/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£69503/240.05 mi-2
£69503/240.05 mi-2
£69505/240.08 miMater Close, Walton, Liverpool, L92
£75003/250.09 mi-2
£73012/240.14 mi-2
£80012/240.18 mi-2
£70005/240.19 mi-2
£85003/240.19 mi-2
£57505/240.19 miCarlake Grove, Walton, Liverpool, L9 6GF2
£95005/240.2 miOleander Way, Queen Mary Place, Walton, L92
£95005/240.2 miOleander Way, Queen Mary Place, L92
£95005/240.2 miOleander Way, Queen Mary Place, Walton, L92
£92504/240.2 miOleander Way, Walton, L9 6EU2
£90002/250.32 mi-2
£59505/240.6 miHigher Lane, Liverpool2

Local Area Statistics

Population in L9

32,585

Population in Liverpool

675,519

Town centre distance

1.67 miles away

Nearest school

0.30 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £75,000

-7%

August 21, 2024

Sold for £80,000

2009

Sold for £55,000

2006

Sold for £50,000

2005

Description

Bespoke Sales & Lettings are pleased to welcome to the market a fantastic investment opportunity located in the popular residential area, Walton.
Tenant in Situ

This well presented two bedroom mid terrace property is ideally situated close to Aintree Hospital, Leamington Community Primary School, Bank View High School, local amenities and transport links to the City Centre and surrounds.
The property is well presented and benefits from gas central heating, double glazed windows throughout, two generously sized bedrooms and a well maintained kitchen.
The property also has a large fenced enclosed rear yard.

Viewings are recommended.

EPC Rating - D
Council - Liverpool City Council
Council Tax Band - A

Tenure: Leasehold

Agent Details

Bespoke Lettings & Property Management, Liverpool

0151 453 2038

Next Steps?

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

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