2 Bed Flat, Single Let, Liverpool, L7 3LB, £80,000

Crown Station Place, Crown Street, Liverpool, L7 3LB - 7 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 8%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£60K - £195K
Sold Prices/m²£822/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£96,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£481 - £1,750

Rent Estimate

£550

Running Costs/mo

£380

Cashflow/mo

£170

Cashflow/yr

£2,040

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £195K, average is £108.8K. £822/m² to £5K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£95K02/210 mi111, Crown Station Place, Liverpool, Merseyside L7 3LB2
£101K02/230 mi108, Crown Station Place, Liverpool, Merseyside L7 3LB2
£96.5K08/220 mi59, Crown Station Place, Liverpool, Merseyside L7 3LB2
£96K10/200 mi69, Crown Station Place, Liverpool, Merseyside L7 3LB2
£94.8K12/210 mi81, Crown Station Place, Liverpool, Merseyside L7 3LB2
£103K09/230 mi86, Crown Station Place, Liverpool, Merseyside L7 3LB2
£107.5K10/230 mi94, Crown Station Place, Liverpool, Merseyside L7 3LB2
£120K10/230.05 mi254, Minster Court, Liverpool, Merseyside L7 3QH2
£115K05/230.05 mi255, Minster Court, Liverpool, Merseyside L7 3QH2
£115K04/230.05 mi202, Minster Court, Liverpool, Merseyside L7 3QH2
£112K12/200.05 mi277, Minster Court, Liverpool, Merseyside L7 3QH2
£90K07/210.05 mi253, Minster Court, Liverpool, Merseyside L7 3QH2
£105K07/210.05 mi271, Minster Court, Liverpool, Merseyside L7 3QH2
£107K02/210.06 mi190, Minster Court, Liverpool, Merseyside L7 3QF2
£117K10/200.06 mi175, Minster Court, Liverpool, Merseyside L7 3QF2
£85K05/220.08 mi132, Minster Court, Liverpool, Merseyside L7 3QE2
£89K09/220.09 mi161, Minster Court, Liverpool, Merseyside L7 3QE2
£124K08/220.09 mi143, Minster Court, Liverpool, Merseyside L7 3QE2
£98K03/210.09 mi114, Minster Court, Liverpool, Merseyside L7 3QE2
£110K10/210.1 mi20, Minster Court, Liverpool, Merseyside L7 3QB2
£96K10/210.1 mi26, Minster Court, Liverpool, Merseyside L7 3QB2
£100K05/240.1 mi25, Minster Court, Liverpool, Merseyside L7 3QB2
£117K03/230.19 mi4, Chancellor Court, Liverpool, Merseyside L8 7BB2
£130K04/230.19 mi82, Chancellor Court, Liverpool, Merseyside L8 7BE2
£107K05/210.19 mi80, Chancellor Court, Liverpool, Merseyside L8 7BE2
£110K11/210.19 mi85, Chancellor Court, Liverpool, Merseyside L8 7BE2
£130K09/200.22 mi77, Chancellor Court, Liverpool, Merseyside L8 7BD2
£118K04/210.22 mi76, Chancellor Court, Liverpool, Merseyside L8 7BD2
£120K02/210.65 mi82, St Andrew Street, Liverpool, Merseyside L3 5XY2
£60K06/210.67 mi31, Golders Green, Liverpool, Merseyside L7 6HG2
£60K06/210.67 mi31, Golders Green, Liverpool, Merseyside L7 6HG2
£65K06/210.67 mi17, Golders Green, Liverpool, Merseyside L7 6HG2
£150.5K01/230.74 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£113K03/230.75 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150K10/200.75 mi40, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£99K05/220.75 mi9, Gloucester Court, Liverpool, Merseyside L6 1PQ2
£87.5K11/200.75 mi65, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£100K11/200.75 mi60, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£87.5K11/200.75 mi65, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£117K07/220.75 mi54, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£130K11/220.75 mi35, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£155K09/230.76 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£63.5K09/200.76 mi1, Gloucester Court, Liverpool, Merseyside L6 1PQ2
£122K10/220.78 mi20d, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£122.5K09/230.78 mi20c, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£118.5K01/210.78 mi8a, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£120K05/240.78 mi6b, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£131K11/210.79 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£195K02/210.79 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.79 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2

Local Rents

51 rents from £481/mo to £1.8K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£80004/240 miThe Sidings, L72
£48104/240.05 mi267 Minster Court2
£75005/240.06 miMinster Court, L72
£67512/240.08 mi-2
£80005/240.09 miMinster Court, LIVERPOOL2
£75012/240.09 mi-2
£75005/240.09 mi-2
£75005/240.09 miMinster Court, Liverpool, L72
£78012/240.12 mi-2
£90006/240.12 mi-2
£90006/240.12 mi-2
£85002/250.12 mi-2
£65003/250.13 mi-2
£90005/240.14 mi-2
£85012/240.14 mi-2
£82502/240.19 mi-2
£50704/240.19 mi21 Chancellor Court2
£1,10004/240.19 miChancellor Court, L82
£87505/240.19 miChancellor Court L82
£85005/240.19 miChancellor Court, Liverpool, Merseyside, L82
£75004/240.22 miChancellor Court, Liverpool, L82
£87505/240.22 miChancellor Court L82
£1,23504/240.24 miVine Street, Liverpool, Merseyside, L72
£1,31505/240.24 miVine Street, Liverpool, Merseyside, L72
£99003/240.24 miVine Street, Liverpool, Merseyside, L72
£52006/240.26 miHighgate Street, Liverpool, L72
£95004/240.3 miUpper Parliament street, City Centre, Liverpool, L82
£56804/240.33 miFalkner Square, Liverpool, Merseyside, L82
£90006/240.34 miMartensen Drive, LIVERPOOL2
£95004/240.35 mi80 Canning Street, Liverpool2
£1,00005/240.35 mi80 Canning Street, Liverpool2
£1,15005/240.36 miSandon Street, Liverpool, Merseyside, L82
£1,19504/240.37 miCanning St, Liverpool2
£1,10005/240.37 miCanning Street, L82
£87503/250.39 mi-2
£97504/240.4 miHuskisson Street, L82
£54204/240.4 miFlat 4, 72 Huskisson Street Let Only2
£57605/240.4 miFlat 8, 72 Huskisson Street, Liverpool, Merseyside, L82
£1,25012/240.41 mi-2
£95003/250.43 mi-2
£1,75002/250.43 mi-2
£92505/240.44 miStowell Street, Liverpool2
£89505/240.44 mi-2
£82504/240.44 miEarle Road, Liverpool, L72
£82504/240.44 mi-2
£89512/240.44 mi-2
£89512/240.44 mi-2
£89512/240.44 mi-2
£90005/240.45 miCatharine Street, L82
£95005/240.45 miThe Symphony, Stowell Street. Liverpool. L72
£95005/240.45 miStowell Street, Liverpool, L7 7DL2

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

4.03 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Price changed to £80,000

January 7, 2025

Listed for £100,000

September 3, 2024

Description

  • Ground Floor Apt +
  • Investors Only +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £80,000

Property is being sold with sitting tenant, currently on a periodic AST paying £550 PCM

Liverpool Residential are delighted to offer for sale this two bedroom ground floor apartment located a stone throw from Liverpool University.

The property comprises of entrance hallway, Open plan lounge, Fitted kitchen including hob, oven, fridge freezer & washing machine.

Two bedrooms and bathroom with shower cubical.

Other features include double glazing and electric heating.

Lease term is 150 years (less 3 days) from 1/1/2004)
Annual Ground rent £150.00
Annual Service charge £937.66
There is also a reserve fund of £132.08 per annum

For further details or to arrange a viewing please contact our office.

Council Tax Band: Band B council tax (Liverpool City Council)
Tenure: Leasehold (130 years)
Ground Rent: £150 per year
Service Charge: £937.66 per year
Lease term is 150 years (less 3 days) from 1/1/2004)
Annual Ground rent £150.00
Annual Service charge £937.66
There is also a reserve fund of 132.08 per annum

Agent Details

LIVERPOOL RESIDENTIAL, Liverpool

0151 317 9261

Next Steps?

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