3 Bed Flat, Single Let, Liverpool, L8 5TE, £155,000

3, STANHOPE STREET, LIVERPOOL, L8 KFB - 2 views - 6 months ago

Leasehold
BTL
ROI: 6%
~87 m²
+7 photos

ValuationOvervalued

Sold Prices£75K - £340K
Sold Prices/m²£955/m² - £3.2K/m²

 

 

Square Metres

~86.59 m²
Price/m²£1.8K/m²

Value Estimate

£140,494

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£750 - £2,200

Rent Estimate

£915

Running Costs/mo

£687

Cashflow/mo

£228

Cashflow/yr

£2,732

ROI

6%

Gross Yield

7%

Local Sold Prices

40 sold prices from £75K to £340K, average is £144K. £955/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£261K02/210.26 mi107, South Ferry Quay, Liverpool, Merseyside L3 4EW3
£260K06/230.26 mi181, South Ferry Quay, Liverpool, Merseyside L3 4EW3
£242K06/210.35 mi220, South Ferry Quay, Liverpool, Merseyside L3 4EH3
£255K08/210.4 mi406, South Ferry Quay, Liverpool, Merseyside L3 4EL3
£250K01/230.41 mi354, South Ferry Quay, Liverpool, Merseyside L3 4EL3
£108K03/211.08 mi22, Minster Court, Liverpool, Merseyside L7 3QB3
£145K10/221.08 mi25, Chancellor Court, Liverpool, Merseyside L8 7BB3
£122K05/221.11 mi192, Minster Court, Liverpool, Merseyside L7 3QF3
£190K02/231.16 mi172, Ellerman Road, Liverpool, Merseyside L3 4FE3
£102.5K04/211.18 mi35, Priory Wharf, Birkenhead, Merseyside CH41 5LB3
£191.5K11/221.18 mi56, Priory Wharf, Birkenhead, Merseyside CH41 5LB3
£102.5K04/211.18 mi35, Priory Wharf, Birkenhead, Merseyside CH41 5LB3
£230K09/231.21 mi196, Ellerman Road, Liverpool, Merseyside L3 4FF3
£145K01/231.55 mi9b, Marmion Road, Liverpool, Merseyside L17 8TS3
£100K02/231.82 mi6, St Peters Mews, Birkenhead, Merseyside CH42 1RT3
£100K06/222 mi6, Demesne Street, Wallasey, Merseyside CH44 6PU3
£125K09/222 mi63, James Dunne Avenue, Liverpool, Merseyside L5 8SA3
£110K12/212.07 mi50a, Green Lawn, Birkenhead, Merseyside CH42 2DZ3
£85K06/222.09 mi8, Devon Gardens, Birkenhead, Merseyside CH42 4RF3
£105K11/202.14 mi27, Mere Bank, Liverpool, Merseyside L17 1AE3
£110K11/212.14 mi23, Mere Bank, Liverpool, Merseyside L17 1AE3
£214K01/212.18 mi3, Geneva Road, Liverpool, Merseyside L6 3AS3
£175K11/222.3 mi15, Larkin Close, New Ferry, Wirral, Merseyside CH62 5JZ3
£165K07/222.36 mi7, Mayfields North, Wirral, Merseyside CH62 1AS3
£164K02/232.37 mi18b, James Street, Prenton, Merseyside CH43 5RD3
£230K03/232.39 mi307a, Aigburth Road, Liverpool, Merseyside L17 0BJ3
£90K05/222.39 mi43b, Holland Street, Liverpool, Merseyside L7 0JG3
£80K11/222.4 mi44b, Freehold Street, Liverpool, Merseyside L7 0JJ3
£143K08/212.53 mi5, Rocky Lane, Anfield, Liverpool, Merseyside L6 4BA3
£90K03/232.54 miFlat 24, Grampian Court, Grampian Road, Liverpool, Merseyside L7 0JX3
£90K08/222.55 miFlat 14b, Grampian Court, Grampian Road, Liverpool, Merseyside L7 0JX3
£200K04/212.57 mi17b, St Andrews Road, Prenton, Merseyside CH43 1TB3
£217K03/212.65 mi1, Glenfield Road, Liverpool, Merseyside L15 5BJ3
£122K02/222.67 mi11, Rice Lane, Wallasey, Merseyside CH44 0DE3
£245K03/212.68 mi9, Raby Grove, Wirral, Merseyside CH63 5PX3
£135K11/202.84 miFlat 8, Burrell Court, Burrell Road, Birkenhead, Merseyside CH42 8JS3
£75K09/212.92 miFlat 5, Kingfisher House, Pighue Lane, Liverpool, Merseyside L13 1DQ3
£140K01/232.94 mi88, Hilberry Avenue, Liverpool, Merseyside L13 7ET3
£340K12/222.95 mi9, Chetwynd Road, Prenton, Merseyside CH43 2JJ3
£153K03/212.96 mi7b, Wellington Road, Prenton, Merseyside CH43 2JG3

Local Rents

50 rents from £750/mo to £2.2K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,50005/240.01 miTH6 The Courtyard, Plaza Boulevard, Liverpool, L83
£1,30004/240.03 miThe Terrace, 11 Plaza Boulevard, Liverpool, L83
£1,45006/240.03 miThe Terrace, 11 Plaza Boulevard, Liverpool, L83
£1,40005/240.04 miThe Courtyard, 3 Stanhope St, Liverpool, L83
£1,40005/240.04 miThe Courtyard, 3 Stanhope St, Liverpool, L83
£1,10012/240.05 miThe Anchorage, Liverpool, Merseyside, L33
£1,25005/240.05 miThe Gallery, 14 Plaza Boulevard, Liverpool, L83
£1,37505/240.05 miThe Gallery, 14 Plaza Boulevard, Liverpool, Merseyside, L83
£1,72504/240.05 miThe Tower, 19 Plaza Boulevard, Liverpool, L83
£1,45006/240.05 miThe Gallery, 14 Plaza Boulevard, Liverpool, L83
£1,35012/240.22 miMariners Wharf, No. 63, Coburg Quay, Sefton Street, Liverpool, L3 4DA3
£1,49504/240.25 miNorfolk Street, Liverpool, Merseyside, L13
£1,85504/240.28 miThe Keel, Kings Parade, Liverpool, L33
£1,81504/240.28 miThe Keel, Kings Parade, Liverpool, L33
£1,80004/240.28 miThe Keel, Kings Parade, Liverpool, L33
£1,80012/240.28 miThe Keel, Kings Parade, Liverpool, L33
£1,29502/250.28 mi-3
£1,70004/240.29 miThe Keel, Kings Parade, Liverpool, L33
£1,83012/240.29 miThe Keel, Kings Parade, Liverpool, L33
£1,63503/240.29 miThe Keel, Kings Parade, Liverpool, L33
£1,75012/240.29 miThe Keel, Kings Parade, Liverpool, L33
£1,70012/240.29 miThe Keel, Kings Parade, Liverpool, L33
£1,78504/240.31 miBlundell Street, Liverpool, L13
£1,80004/240.31 miBlundell Street, Liverpool, L13
£1,80005/240.31 miBlundell Street, Liverpool, L13
£1,75005/240.31 miBlundell Street, Liverpool, L13
£1,80005/240.31 miBlundell Street, Liverpool, L13
£1,80005/240.31 miBlundell Street, Liverpool, L13
£1,85006/240.31 miBlundell Street, Liverpool, L13
£1,90006/240.31 miBlundell Street, Liverpool, L13
£1,85007/240.31 miBlundell Street, Liverpool, L13
£1,65512/240.31 miBlundell Street, Liverpool, L13
£1,65004/240.32 mi-3
£1,30012/240.35 miSouth Ferry Quay, Liverpool, Merseyside, L33
£1,40004/240.35 miAlfred Mews L13
£75003/250.37 mi-3
£1,80007/240.4 mi-3
£1,20004/240.42 miSparling Street, Liverpool, L13
£2,00012/240.43 miNorth Quay, Wapping Quay3
£1,50005/240.43 miKings Dock Mill Liverpool L13
£1,56512/240.43 miKings Dock Mill Liverpool L13
£2,00012/240.44 miWapping Quay, Liverpool3
£1,74505/240.45 miCornwallis Street, Liverpool, Merseyside, L13
£1,77503/210.45 miCornwallis Street, Liverpool, Merseyside, L13
£1,55004/240.45 miThe Eight, Cornwallis Street, Liverpool, Merseyside, L13
£1,10002/250.45 mi-3
£1,10007/240.45 mi-3
£1,62504/240.46 miGrayson Street, Liverpool, Merseyside, L13
£1,62507/190.46 miCargo Building 3
£2,20003/250.46 mi-3

Local Area Statistics

Population in L8

32,039

Population in Liverpool

675,519

Town centre distance

4.58 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+50%

Property History

Price changed to £155,000

January 5, 2025

Listed for £165,000

September 26, 2024

Floor Plans

Description

  • Attention Investors! +
  • Three-bedroom first floor apartment +
  • Currently let for £1350pcm +
  • Gross yields of 9.2% +
  • NO CHAIN. +
  • Leasehold. Council tax band: C. +

Attention Investors! Venmore Estate Agents are delighted to present to the sales market this three-bedroom first floor apartment on Stanhope Street, Liverpool City Centre.

The property is currently let for £1350pcm, offering a gross yield of 9.2%.

Located in the heart of Liverpool City Centre, this modern first-floor apartment offers spacious and contemporary living. Accessed via a secure communal entrance hall with both lift and stairs to all floors, the property opens into a welcoming entrance hall. The open-plan lounge-diner kitchen boasts integrated appliances and leads out to a private balcony, perfect for enjoying outdoor space in the city. The apartment also features three well-proportioned double bedrooms, with the master benefitting from an ensuite shower room, as well as a stylish three-piece family bathroom. This apartment combines convenience and style, making it an ideal city living opportunity. Internal inspection comes highly recommended by the agent. NO CHAIN.

Agent Details

Venmore, Liverpool

0151 453 6513

Next Steps?

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