3 Bed Flat, Single Let, Bootle, L30 1PL, £93,000

Hereford Drive, Bootle, L30 1PL - 1 views - 8 months ago

Under Offer

BTL

ROI: 10%

~93 m²

+9 photos

ValuationUndervalued

Sold Prices	£43K - £250K
Sold Prices/m²	£643/m² - £2.7K/m²

Square Metres	~93 m²
Price/m²	£1K/m²
Value Estimate	£112,530£112,530
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£23,250£23,250
Stamp Duty & Legal Fees	£5,850£5,850
Total Cash In	£29,100£29,100

Cash Out
Rent Range	£795 - £1,300£795 - £1,300
Rent Estimate	£695
Running Costs/mo	£450£450
Cashflow/mo	£245£245
Cashflow/yr	£2,945£2,945
ROI	10%10%
Gross Yield	9%9%

Local Sold Prices

25 sold prices from £43K to £250K, average is £120K. £643/m² to £2.7K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£210K	04/22	0.64 mi	57, Regent Avenue, Bootle, Merseyside L30 6YG	-	-	3	Flat
£43K	12/21	0.68 mi	20, Galsworthy Avenue, Bootle, Merseyside L30 9SQ	£672	64	3	Flat
£43K	12/21	0.68 mi	20, Galsworthy Avenue, Bootle, Merseyside L30 9SQ	£672	64	3	Flat
£57K	10/23	0.96 mi	6, St Damians Croft, Bootle, Merseyside L30 3TS	-	-	3	Flat
£92K	05/23	1.18 mi	36, Taylforth Close, Liverpool, Merseyside L9 2DP	£1,296	71	3	Flat
£146K	06/22	1.7 mi	4, Moorhead Close, Litherland, Liverpool, Merseyside L21 2NA	£2,212	66	3	Flat
£75K	09/22	1.76 mi	145, Lower Lane, Liverpool, Merseyside L9 7AE	£876	86	3	Flat
£118K	06/22	1.77 mi	17, Harrismith Road, Liverpool, Merseyside L10 9LP	£1,662	71	3	Flat
£64K	05/21	1.96 mi	20, Bromyard Close, Bootle, Merseyside L20 4UY	£842	76	3	Flat
£141.5K	04/23	2.06 mi	12, Jersey Close, Bootle, Merseyside L20 4BL	£1,555	91	3	Flat
£45K	08/21	2.06 mi	31, Halidon Court, Bootle, Merseyside L20 4UL	£643	70	3	Flat
£70K	05/23	2.13 mi	169a, Walton Hall Avenue, Liverpool, Merseyside L11 7BY	-	-	3	Flat
£130K	03/23	2.14 mi	38, Grieve Road, Liverpool, Merseyside L10 7NH	£2,241	58	3	Flat
£157.8K	04/23	2.15 mi	71, Bulford Road, Liverpool, Merseyside L9 6AX	-	-	3	Flat
£178.5K	04/22	2.16 mi	Flat 14, Angra Bank, Bramhall Road, Liverpool, Merseyside L22 3XA	-	-	3	Flat
£137K	03/21	2.29 mi	Flat 1, Brookside Court, Endbutt Lane, Liverpool, Merseyside L23 0TT	-	-	3	Flat
£196.5K	08/23	2.51 mi	41, Longdown Road, Liverpool, Merseyside L10 4US	-	-	3	Flat
£135K	01/21	2.67 mi	1, Avon Court, Liverpool, Merseyside L23 2SD	£1,894	71	3	Flat
£125K	02/23	2.68 mi	30, South Park Road, Kirkby, Liverpool, Merseyside L32 2AG	£992	126	3	Flat
£95K	03/22	2.69 mi	35, Cottesbrook Close, Liverpool, Merseyside L11 3AB	£1,319	72	3	Flat
£93K	08/21	2.69 mi	3, Hollingbourne Place, Liverpool, Merseyside L11 3AH	-	-	3	Flat
£185K	08/22	2.78 mi	136, Utting Avenue East, Liverpool, Merseyside L11 1DH	-	-	3	Flat
£120K	04/22	2.88 mi	314, Utting Avenue East, Liverpool, Merseyside L11 1DP	£1,412	85	3	Flat
£95K	04/22	2.96 mi	5, Dickens Close, Kirkby, Liverpool, Merseyside L32 9SW	£1,323	72	3	Flat
£250K	02/23	2.98 mi	7b, Harlech Road, Liverpool, Merseyside L23 6XA	£2,653	94	3	Flat

Local Rents

25 rents from £795/mo to £1.3K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£850	11/24	0.08 mi	-	3	Terraced House
£950	02/25	0.11 mi	-	3	Semi-Detached House
£950	05/24	0.13 mi	-	3	Semi-Detached House
£1,200	03/25	0.16 mi	-	3	Semi-Detached House
£975	05/24	0.18 mi	Chester Avenue, Liverpool, L30	3	Terraced House
£975	05/24	0.18 mi	-	3	Terraced House
£990	04/24	0.19 mi	-	3	Terraced House
£990	01/24	0.19 mi	-	3	Terraced House
£850	07/23	0.2 mi	-	3	Terraced House
£995	10/23	0.21 mi	-	3	Semi-Detached House
£1,050	12/23	0.22 mi	-	3	Semi-Detached House
£900	12/23	0.24 mi	-	3	Terraced House
£950	04/24	0.36 mi	Parkfield Avenue, Bootle, Liverpool, L30	3	Detached House
£795	04/24	0.39 mi	Lunt Avenue, Bootle, Merseyside, L30	3	Terraced House
£850	05/24	0.49 mi	Cottonwood Close, L9	3	Terraced House
£1,200	05/24	0.54 mi	-	3	Detached House
£875	06/24	0.54 mi	Tulipwood View, Liverpool L9	3	House
£850	05/24	0.57 mi	Ealing Road, Aintree, L9 0LR	3	House
£1,300	05/24	0.57 mi	Hardy Close, Bootle, Bootle, L20	3	Detached House
£900	04/24	0.59 mi	Warbreck Moor, LIVERPOOL	3	Terraced House
£950	04/25	0.59 mi	-	3	Semi-Detached House
£1,100	04/24	0.6 mi	Richmond Crescent, Bootle, Liverpool, L30	3	Detached House
£1,000	04/24	0.61 mi	Ashbourne Avenue, Bootle, L30	3	Terraced House
£1,000	04/24	0.61 mi	-	3	Terraced House
£850	05/24	0.62 mi	Ashbourne Avenue, Netherton L30	3	Flat

Local Area Statistics

Population in L30	19,98319,983
Population in Bootle	51,35351,353
Town centre distance	1.02 miles away1.02 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.44 miles away0.44 miles away

Rental growth (12m)	+24%+24%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+43%+43%

Property History

Price changed to £93,000

January 31, 2025

Listed for £95,000

September 5, 2024

Description

Buy-to-Let Opportunity +
3 Bedroom +
Lounge and Kitchen +
Spacious Room +
Likely to attract enquiries from Serious Investors & Developers. +
INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 3 bedroom flat located in Bootle. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

This well-kept home features a 3 bedroom, 1 bathroom, a lounge and a kitchen

Investment Details

It currently produces an annual gross income of £8,340 for both which could be increased by the new owner to a market rate of £9,600 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.

Tenancy Details

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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

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