2 Bed Flat, Single Let, Liverpool, L9 1EP, £60,000

Oakhouse Park, Walton, Liverpool, Merseyside, L9 1EP - 7 months ago

Leasehold
BTL
ROI: 18%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£45K - £148K
Sold Prices/m²£579/m² - £56.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£881/m²

Value Estimate

£72,600
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£19,200

 

 

Cash Out

 

Rent Range

£412 - £1,050

Rent Estimate

£625

Running Costs/mo

£333

Cashflow/mo

£293

Cashflow/yr

£3,510

ROI

18%

Gross Yield

13%

Local Sold Prices

50 sold prices from £45K to £148K, average is £75K. £579/m² to £56.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£60K04/220 mi74, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£55K01/210 mi28, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£50K10/220.57 mi32, Church Road, Walton, Liverpool, Merseyside L4 5TX2
£81K02/210.6 mi35, Taylforth Close, Liverpool, Merseyside L9 2DP2
£87K10/210.62 mi32, Taylforth Close, Liverpool, Merseyside L9 2DP2
£85K11/210.62 mi24, Taylforth Close, Liverpool, Merseyside L9 2DP2
£65K08/210.62 mi42, Taylforth Close, Liverpool, Merseyside L9 2DP2
£78K10/230.62 mi57, Taylforth Close, Liverpool, Merseyside L9 2DP2
£83K10/230.62 mi49, Taylforth Close, Liverpool, Merseyside L9 2DP2
£88K01/220.62 mi79, Taylforth Close, Liverpool, Merseyside L9 2DP2
£74K07/220.62 mi63, Taylforth Close, Liverpool, Merseyside L9 2DP2
£66.9K11/200.67 miFlat 20, Merton Towers, Merton Road, Bootle, Merseyside L20 3BG2
£86K03/220.7 mi50, Hero Street, Bootle, Merseyside L20 2HA2
£99K02/220.77 mi71, Trinity Road, Bootle, Merseyside L20 7BD2
£91.5K06/220.78 mi75, Trinity Road, Bootle, Merseyside L20 7BD2
£98K05/220.78 mi49, Trinity Road, Bootle, Merseyside L20 7BD2
£57K11/220.87 mi4, Rosalind Way, Liverpool, Merseyside L20 2HU2
£78K01/221.04 mi15, Jersey Close, Bootle, Merseyside L20 4BL2
£90K03/231.04 mi18, Jersey Close, Bootle, Merseyside L20 4BL2
£72.3K07/231.04 mi14, Jersey Close, Bootle, Merseyside L20 4BL2
£95K06/221.05 mi9, Farmer Place, Bootle, Merseyside L20 6HP2
£81K03/231.08 mi9, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£90K07/231.08 mi14, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£80K04/231.08 mi1, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£75K09/231.13 mi17, Harbreck Grove, Liverpool, Merseyside L9 6GB2
£45K09/211.16 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£45K09/211.16 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£87K12/231.22 mi37, Mater Close, Walton, Liverpool, Merseyside L9 6EP2
£73.5K02/221.23 mi39, Mater Close, Walton, Liverpool, Merseyside L9 6EP2
£75K01/221.24 mi25, Bushley Close, Bootle, Merseyside L20 4UZ2
£67.5K11/221.24 mi19, Bushley Close, Bootle, Merseyside L20 4UZ2
£72K07/221.26 mi14, Bromyard Close, Bootle, Merseyside L20 4UY2
£68K02/211.29 mi6, Carden Close, Liverpool, Merseyside L4 4QL2
£67K10/221.29 mi2, Lester Close, Liverpool, Merseyside L4 4QH2
£62.2K02/211.29 mi5, Lester Close, Liverpool, Merseyside L4 4QH2
£85K06/211.35 mi32, Heathfield Drive, Bootle, Merseyside L20 6GE2
£90K08/221.35 mi9, Globe Street, Liverpool, Merseyside L4 4HE2
£82K08/211.36 mi9, Globe Street, Liverpool, Merseyside L4 4HE2
£107K05/211.42 mi269, Longmoor Lane, Liverpool, Merseyside L9 9EN2
£68K09/221.46 mi51, Mark Street, Liverpool, Merseyside L5 0RF2
£70K01/231.48 mi4, Longfield Road, Liverpool, Merseyside L21 8LB2
£45K05/211.48 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£70K05/231.48 mi14, Longfield Road, Liverpool, Merseyside L21 8LB2
£77K08/231.48 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£58.5K11/211.5 mi12, May Close, Liverpool, Merseyside L21 8JX2
£70K02/211.52 mi28, Atlantic Way, Bootle, Merseyside L30 9TB2
£64K08/231.53 mi29, Violet Road, Liverpool, Merseyside L21 6NY2
£52K10/201.53 mi31, Violet Road, Liverpool, Merseyside L21 6NY2
£148K01/221.6 mi85a, Melling Road, Liverpool, Merseyside L9 0LH2
£79K08/231.91 mi324a, Long Lane, Walton, Liverpool, Merseyside L9 6DG2

Local Rents

50 rents from £412/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£79503/250.19 mi-2
£77506/240.2 mi-2
£75005/240.2 miBreeze Lane, Liverpool, L92
£95012/240.21 mi-2
£70012/240.22 mi-2
£69505/240.22 mi-2
£80001/250.22 mi-2
£87512/240.23 mi-2
£41206/240.24 miTrevelyan Street, Liverpool, Merseyside, L92
£72501/250.24 mi-2
£67505/240.24 miGrey Road, Liverpool2
£75003/250.24 mi-2
£55906/240.24 miGrey Road , Flat 1, Walton, Liverpool, L91AX2
£59504/240.25 miImison Street, Liverpool, Merseyside, L92
£65005/240.25 miKiddman Street, Walton, Liverpool, L92
£65005/240.26 miWeaver Street, Walton, Liverpool, L92
£57504/240.26 miWeaver Street, Liverpool2
£72006/240.29 miListon Street, Liverpool, L42
£72007/240.29 mi-2
£59506/240.29 miBreeze Hill, Liverpool2
£80006/240.3 mi-2
£80012/240.3 mi-2
£80011/240.3 mi-2
£80012/240.3 mi-2
£75012/240.3 mi-2
£75003/240.34 mi-2
£75011/240.34 mi-2
£85004/240.35 miMakin Street, Walton, Liverpool, L4 5QF2
£85006/240.36 mi-2
£69004/250.36 mi-2
£59504/240.4 miManor Close, Bootle2
£85012/240.41 mi-2
£85012/240.41 mi-2
£75012/240.44 mi-2
£75004/240.45 mi-2
£65004/240.46 mi-2
£55005/240.47 miApartment 3, 62 Church Road West2
£65008/240.47 mi-2
£85002/250.47 mi-2
£90003/250.47 mi-2
£59501/240.48 mi-2
£67504/240.48 miDrayton Road, Liverpool, L42
£59512/230.48 mi-2
£68001/250.48 mi-2
£69506/240.49 miHampden Street, Liverpool, Merseyside2
£1,05003/250.49 mi-2
£1,05003/250.49 mi-2
£90003/250.49 mi-2
£1,05003/250.49 mi-2
£1,05003/250.49 mi-2

Local Area Statistics

Population in L9

32,585

Population in Liverpool

675,519

Town centre distance

0.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £60,000

February 12, 2025

Listed for £70,000

September 16, 2024

Description

Welcome to this spacious, two bedroom first floor apartment in the heart of the beautifully preserved Oakhouse Park. As you step inside, you’ll be greeted by a well lit hallway that seamlessly connects to the huge living area.
With well maintained communal areas, the apartment itself is surrounded by greenery in its own private area just up Clock Tower Drive, and is perfectly situated to easily access Queens Drive.
Previous tenants were paying £625pm.
Lease Information: 999 years from 1 January 2003
Grount Rent: peppercorn
Service Charge: TBC

Agent Details

Sutton Kersh, West Derby

0151 453 5147

Next Steps?

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