2 Bed Flat, Potential PLO/LOA, Birkenhead, CH41 1DN, £150,000

EAST FLOAT QUAY Dock Road, Birkenhead, Merseyside, CH41 1DN - 1 views - 7 months ago

Leasehold
Negative Equity
87 m²
+8 photos

ValuationOvervalued

Sold Prices£53K - £275K
Sold Prices/m²£768/m² - £2.5K/m²

 

 

Square Metres

87.47 m²
Price/m²£1.7K/m²

Value Estimate

£145,094

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£481 - £3,612

Rent Estimate

£594

Running Costs/mo

£608

Cashflow/mo

£-14

Cashflow/yr

£-163

Gross Yield

5%

Local Sold Prices

50 sold prices from £53K to £275K, average is £122.5K. £768/m² to £2.5K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£135K12/220.04 miApartment 88, East Float Quay, Dock Road, Birkenhead, Merseyside CH41 1DN2
£169K03/220.05 miApartment 94, East Float Quay, Dock Road, Birkenhead, Merseyside CH41 1DP2
£155K02/230.05 miApartment 58, East Float Quay, Dock Road, Birkenhead, Merseyside CH41 1DN2
£150K07/220.05 miApartment 23, East Float Quay, Dock Road, Birkenhead, Merseyside CH41 1DN2
£68.5K11/200.53 mi10a, The Grove, Wallasey, Merseyside CH44 4BQ2
£53K04/210.77 mi22, Clarendon Road, Wallasey, Merseyside CH44 8EL2
£73K07/210.87 miFlat 2, Watson Court, Argyle Street, Birkenhead, Merseyside CH41 1LX2
£104K05/220.89 mi22d, Hamilton Square, Birkenhead, Merseyside CH41 6AY2
£87K01/210.9 miFlat 3, 15, Hamilton Square, Birkenhead, Merseyside CH41 6AX2
£89K04/211 mi28, Marymount Close, Wallasey, Merseyside CH44 5AA2
£92K06/211 mi34, Marymount Close, Wallasey, Merseyside CH44 5AA2
£90K03/221 mi51, Marymount Close, Wallasey, Merseyside CH44 5AA2
£107K10/221 mi33, Marymount Close, Wallasey, Merseyside CH44 5AA2
£75K07/231.04 mi63a, Serpentine Road, Wallasey, Merseyside CH44 0AU2
£87K02/221.09 mi44a, Belgrave Street, Wallasey, Merseyside CH44 1BR2
£120K02/231.15 mi2, St Lucia Road, Wallasey, Merseyside CH44 8BW2
£121K02/231.15 mi64, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£115K09/221.17 mi28, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£80K03/211.18 mi33, Hillcrest Court, Wallasey, Merseyside CH44 3DD2
£100K11/221.18 mi33, Hillcrest Court, Wallasey, Merseyside CH44 3DD2
£85K05/211.18 mi16, Hillcrest Court, Wallasey, Merseyside CH44 3DD2
£75K04/221.18 mi67a, Greenwood Lane, Wallasey, Merseyside CH44 1DD2
£117K12/221.19 mi99, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£129K03/221.2 mi84, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£132.5K03/221.2 mi68, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£95K06/231.2 mi24, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£92.5K01/211.2 mi23, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£111K03/231.2 mi25, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£100K08/211.2 mi98, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£122.5K08/211.2 mi95, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£170.5K05/211.2 mi80, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£122.5K08/211.2 mi95, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£241K04/211.22 mi78, Park Road West, Prenton, Merseyside CH43 8SF2
£241K04/211.22 mi78, Park Road West, Prenton, Merseyside CH43 8SF2
£162K06/211.23 miFlat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£144K10/211.23 miFlat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£185K01/241.24 miWaterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT2
£185K10/231.26 miFlat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/211.26 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£190K02/231.26 miFlat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£195K10/231.26 miFlat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£172K03/231.26 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/211.28 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£240K12/221.29 miFlat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£65K11/221.3 mi13a, Shaw Street, Birkenhead, Merseyside CH41 2XE2
£240K05/211.31 miFlat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£210K01/211.31 miFlat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£275K01/211.31 miFlat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£200K12/201.31 miFlat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£227.5K10/201.31 miFlat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2

Local Rents

50 rents from £481/mo to £3.6K/mo, average is £728/mo.

RentDateDistanceAddressBeds 
£95004/240 miEast Float Quay, Dock Road, Birkenhead2
£85012/240.03 miDock Road, Birkenhead, CH412
£3,61201/240.04 mi-2
£85006/240.04 mi-2
£85002/250.04 mi-2
£82503/240.04 miEast Float Quay, Dock Road, Wallasey2
£89502/250.04 mi-2
£73003/240.05 miEast Float Quay, CH41 1DN2
£85003/240.05 miEast Float Quay, Wallasey Dock2
£75004/240.05 miEast Float Quay, Birkenhead 2
£82503/240.05 miEast Float, Wallasey Docks2
£95003/240.14 mi-2
£95012/240.14 mi-2
£95003/240.14 miEast Float Quay, Birkenhead, CH412
£60012/240.26 mi-2
£65004/240.29 miGeneva Road, Wallasey, Wirral2
£48103/240.3 mi64 St. Pauls Road, Wallasey, Merseyside, CH442
£65003/240.32 miWheatland Lane, WALLASEY CH442
£79501/250.32 mi-2
£63503/240.33 miBriardale Road, WALLASEY2
£79501/250.35 mi-2
£79503/250.35 mi-2
£60004/240.35 miNew Street, Wallasey, Wirral2
£62503/240.36 mi-2
£62504/240.36 mi-2
£60003/240.38 miOakdale Road Wallasey Wirral2
£72511/230.4 mi-2
£75002/240.42 mi-2
£57503/240.43 miNaples Road Wallasey Wirral2
£77504/240.44 mi-2
£77503/240.44 miKarslake Road, Wallasey, CH442
£77503/240.44 miKarslake Road, Wallasey, CH442
£57511/240.46 mi-2
£54503/240.47 miBorough Road, Wallasey2
£67502/240.48 mi-2
£85002/240.48 mi-2
£67503/240.49 miThe Grove, Wallasey2
£65005/240.49 mi-2
£65002/240.49 mi-2
£74504/240.5 mi-2
£60003/240.5 miPoulton Road Wallasey2
£55002/250.54 mi-2
£65001/240.55 mi-2
£70004/250.55 mi-2
£67510/240.55 mi-2
£70004/240.56 miMollington Road, Wallasey2
£72512/240.56 miNorthbrook Road, Wallasey, Wirral, CH442
£75001/250.56 mi-2
£75012/240.56 miHallville Road, Wallasey, Wirral, CH442
£70005/240.56 mi-2

Local Area Statistics

Population in CH41

18,612

Population in Birkenhead

88,462

Town centre distance

1.45 miles away

Nearest school

0.40 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £150,000

-13%

September 16, 2024

Sold for £169,950

2007

Description

  • TWO BEDROOM 3RD FLOOR APARTMENT +
  • LIFT ACCESS +
  • ALLOCATED PARKING +
  • DOUBLE GLAZING/HEATING SYSTEM +
  • JUILIET BALCONY +
  • OPEN PLAN LIVING/DINING/KITCHEN +
  • EN SUITE BATHROOM +
  • FAMILY BATHROOM +
  • NO CHAIN +
  • VIEWING COMES HIGHLY RECOMMENDED. +

Fabulous opportunity to purchase this 3rd floor, two bedroom apartment, with lift access and allocated parking, situated in the popular East Float Development.

This Grade II listed building was converted from an old mill into these contemporary apartments in 2006, yet still retains some original features.

This apartment has a lovely spacious feel to it with generous size accommodation, briefly comprising entrance hall, open plan/living/dining room/kitchen, two bedrooms one with en-suite and Juliet Balcony, and modern bathroom. Benefiting from double glazing, heating system and fitted wardrobes.

COMPRISING:

Spacious Hall: 14'3" x 8'10"
Kitchen/living room : 27'4" x 13'9"
Master bedroom : 13'8" x 12'8" with built in wardrobes
Ensuite : 5'6" x 4'11"
Bedroom 2: 13'10" x 10'2" with built in wardrobes
Bathroom : 7'8" x 6'11"

Parking Space #54

Enjoying a great location with easy access to local amenities, and excellent transport links providing access to Liverpool city centre in ten minutes. Hamilton Square Merseyrail station and M53 motorway are a short drive away, making it an ideal base for professionals.

The apartment is offered for sale with no chain and may also appeal to investors lookingfor a rewarding rental return.

Viewing comes highly recommended.

Agent Details

The Property Centre, Wallasey

0151 453 1832

Next Steps?

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