2 Bed Flat, Single Let, Liverpool, L15 8AX, £140,000

Olive Mount Road, Liverpool, L15 8AX - 3 views - 7 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£42.5K - £295K
Sold Prices/m²£759/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£159,694
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£650 - £1,300

Rent Estimate

£669

Running Costs/mo

£591

Cashflow/mo

£78

Cashflow/yr

£932

ROI

2%

Gross Yield

6%

Local Sold Prices

29 sold prices from £42.5K to £295K, average is £140K. £759/m² to £3.1K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£135K12/220.14 mi55, Davenham Court, Liverpool, Merseyside L15 8GD2
£140K06/220.15 mi7, Davenham Court, Liverpool, Merseyside L15 8GD2
£120K03/230.15 mi4, Davenham Court, Liverpool, Merseyside L15 8GD2
£140K08/220.15 mi17, Davenham Court, Liverpool, Merseyside L15 8GD2
£136K10/220.15 mi21, Davenham Court, Liverpool, Merseyside L15 8GD2
£136.5K12/220.15 mi20, Davenham Court, Liverpool, Merseyside L15 8GD2
£136.5K12/220.15 mi50, Davenham Court, Liverpool, Merseyside L15 8GD2
£143K07/220.16 mi14, Davenham Court, Liverpool, Merseyside L15 8GD2
£73K01/230.33 mi10, Larch Grove, Liverpool, Merseyside L15 8AH2
£42.5K11/200.33 mi11, Larch Grove, Liverpool, Merseyside L15 8AH2
£100K05/230.37 mi20, Maberley View, Wavertree, Liverpool, Merseyside L15 8JT2
£85K10/220.42 miFlat 11, Kingfisher House, Pighue Lane, Liverpool, Merseyside L13 1DQ2
£150K01/230.49 mi19, Charnley Drive, Wavertree, Liverpool, Merseyside L15 6WA2
£86K08/220.57 mi26, Rushbury Court, Liverpool, Merseyside L15 4HY2
£102.5K07/210.58 mi17, Rushbury Court, Liverpool, Merseyside L15 4HY2
£155K12/220.58 miApartment 1, Forbes House, Score Lane, Liverpool, Merseyside L16 6AN2
£160K03/230.58 miApartment 6, Forbes House, Score Lane, Liverpool, Merseyside L16 6AN2
£142.5K05/230.61 mi23, Springhill Court, Liverpool, Merseyside L15 9EJ2
£160K04/220.61 miApartment 2, Forbes House, Score Lane, Liverpool, Merseyside L16 6AN2
£295K03/210.69 mi57, Heathfield Road, Wavertree, Liverpool, Merseyside L15 9EU2
£265K02/230.8 mi10, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£283K12/220.8 mi22, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£235K11/200.8 mi18, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£235K06/210.8 mi14, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£208K03/210.8 mi2, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£236K02/210.8 mi4, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£230K07/210.8 mi29, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£55K04/220.84 miFlat 7, Seymour Court, Seymour Road, Broadgreen, Liverpool, Merseyside L14 3LH2
£125K06/210.86 mi3, Molineux Avenue, Liverpool, Merseyside L14 3LT2

Local Rents

36 rents from £650/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£67505/240.01 miOlive Mount Road, Liverpool2
£75010/230.09 mi-2
£95011/230.09 mi-2
£95001/250.1 mi-2
£80002/250.14 mi-2
£82504/250.15 mi-2
£85009/240.25 mi-2
£99503/250.26 mi-2
£89012/240.28 mi-2
£65005/240.29 miWaterloo Street, L15 8JW, 2
£1,20004/240.3 miChurch Road, Liverpool, Merseyside, L152
£1,30005/240.33 miGrove Manor, L15 8HS ***AVAILABLE WITH ZERO DEPOSIT***2
£87502/240.34 mi-2
£75005/240.42 miSandown Road, Wavertree, L152
£65005/240.43 mi-2
£70005/240.44 miSandown Road, Wavertree L152
£70006/240.44 miSandown Lane, Liverpool2
£85002/240.47 mi-2
£80004/240.47 mi-2
£80003/250.47 mi-2
£90007/240.47 miRuthven Road, Old Swan, Liverpool, Merseyside, L132
£70007/240.48 mi-2
£80002/240.54 mi-2
£1,10005/240.54 mi-2
£1,10005/240.54 miLichfield Road, Wavertree, Liverpool, L152
£72504/240.54 miBinns Road, Liverpool, Merseyside, L132
£75006/240.56 miVincent Street, Liverpool2
£1,10002/250.56 mi-2
£72505/240.57 miRushbury Court, Liverpool2
£80012/240.57 mi-2
£69508/240.6 miArmour Grove, Old Swan, Liverpool, Merseyside, L13 1BN2
£69508/240.6 miArmour Grove, Old Swan, Liverpool, Merseyside, L13 1BN2
£75007/240.6 miMulrankin Court, L132
£77511/240.6 mi-2
£97508/240.6 mi-2
£75005/240.61 miPicton Road, Wavertree2

Local Area Statistics

Population in L15

30,017

Population in Liverpool

675,519

Town centre distance

4.83 miles away

Nearest school

0.30 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £140,000

September 18, 2024

Floor Plans

Description

  • Modern Apartment +
  • Ideal First Time Buy Or Investment +
  • Lounge & Fitted Kitchen +
  • Two Bedrooms & Bathroom +
  • En Suite To Master +
  • Allocated Parking +
  • Close To Local Amenities & Transport Networks +
  • Viewing Highly Recommended +

The Property
Welcome to this stylish and modern apartment located on Olive Mount Road, Liverpool, Merseyside, L15 8AX. Ideal for first-time buyers, professionals, or investors, this contemporary home offers a comfortable and convenient lifestyle in a sought-after location.

Upon entering, you are greeted by a welcoming entrance hall that leads into the spacious lounge. The lounge is bright and airy, offering ample space for both relaxation and entertaining. The adjacent fitted kitchen is well-equipped with modern appliances, sleek cabinetry, and plenty of counter space, perfect for preparing meals with ease.

The apartment features two well-proportioned bedrooms, both providing a peaceful retreat. The master bedroom benefits from an en-suite shower room, adding a touch of luxury and privacy. The second bedroom is versatile and can serve as a guest room, home office, or additional living space. A modern family bathroom, complete with contemporary fittings, serves the rest of the apartment.

Externally, the property benefits from allocated parking, offering secure and convenient parking for residents. The apartment is set in a well-maintained building, providing a sense of community and peace of mind.

Located in a popular residential area, this home is close to local amenities, including shops, cafes, and transport links, making it ideal for those seeking a well-connected and vibrant neighborhood. Don’t miss the opportunity to make this modern apartment on Olive Mount Road your new home or investment property.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/12/2132

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Liverpool

020 3907 2647

Next Steps?

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