2 Bed Flat, Public Notice, Liverpool, L32 5TY, £50,000

23 Wervin Road, L32 5TY - 1 views - 6 months ago

Leasehold
BTL
ROI: 24%
49 m²
+12 photos

ValuationUndervalued

Sold Prices£40K - £127K
Sold Prices/m²£741/m² - £2K/m²

 

 

Square Metres

49 m²
Price/m²£1K/m²

Value Estimate

£61,633
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£595 - £800

Rent Estimate

£628

Running Costs/mo

£302

Cashflow/mo

£326

Cashflow/yr

£3,914

ROI

24%

Gross Yield

15%

Local Sold Prices

20 sold prices from £40K to £127K, average is £61.5K. £741/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£50K07/230 mi15, Wervin Road, Liverpool, Merseyside L32 5TY2
£44K12/210.05 mi24, Overton Close, Liverpool, Merseyside L32 5TU2
£56K09/230.12 mi6, Marnwood Walk, Liverpool, Merseyside L32 5TS2
£41K08/210.24 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£41K08/210.24 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£48K04/210.24 miApartment 7, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£62K09/230.73 miFlat 3, Glovers Court, North Park Road, Liverpool, Merseyside L32 2DP2
£75K06/210.73 miFlat 8, Glovers Court, North Park Road, Liverpool, Merseyside L32 2DP2
£120K02/240.73 miGlovers Court, Flat 12, North Park Road, Liverpool, Merseyside L32 2DP2
£75K06/210.74 miFlat 8, Glovers Court, North Park Road, Liverpool, Merseyside L32 2DP2
£40K07/230.77 miApartment 58, Willow Rise, Roughwood Drive, Liverpool, Merseyside L33 8WZ2
£127K07/230.87 mi16, Station Road, Melling, Liverpool, Merseyside L31 1BW2
£72K10/200.93 mi16, Rainbow Drive, Melling, Liverpool, Merseyside L31 1BZ2
£100K03/230.93 mi16a, Rainbow Drive, Melling, Liverpool, Merseyside L31 1BZ2
£80K09/220.94 mi4, Moor Court, Liverpool, Merseyside L10 0AS2
£75K08/230.95 mi30, Moor Court, Liverpool, Merseyside L10 0AS2
£105K12/230.96 mi5, Brookward Court, Kirkby, Liverpool, Merseyside L32 1BN2
£50K04/210.98 mi18, Medbourne Court, Liverpool, Merseyside L32 6SN2
£61K09/210.99 mi24, Green Gables, Kirkby, Liverpool, Merseyside L33 2EH2
£61K09/210.99 mi24, Green Gables, Kirkby, Liverpool, Merseyside L33 2EH2

Local Rents

12 rents from £595/mo to £800/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£59505/240 miWervin Road Westvale2
£72502/250.02 mi-2
£62512/240.03 miJames Holt Avenue, Liverpool, Merseyside, L322
£65012/240.05 mi-2
£80004/250.1 mi-2
£80005/240.18 miStanton Crescent, Kirkby, L32 0UA2
£72506/240.24 mi-2
£72504/250.24 mi-2
£67001/240.36 mi-2
£75005/240.37 miPondwater Close, Kirkby, Liverpool, L322
£77505/240.39 miActon Road, Westvale2
£70002/240.61 mi-2

Local Area Statistics

Population in L32

20,432

Population in Liverpool

675,519

Town centre distance

3.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.59 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

-2%

Property History

Price changed to £50,000

March 4, 2025

Listed for £55,000

September 27, 2024

Floor Plans

Description

  • NO CHAIN +

PUBLIC NOTICE
23 Wervin Road, L32 5TY
We are acting in the sale of the above property and have received an offer of £50,000
Any interested parties must submit any higher offers in writing to the selling agent before an exchange of contracts takes place
EPC Rating: C

Entwistle Green are delighted to introduce for sale this two bedroom ground floor flat. Situated in Kirkby, close to local shops, schools, transport links and amenities. The property briefly comprises of own front door, entrance porch and hallway, lounge, kitchen, two bedrooms and a bathroom. The property benefits from double glazing and off road parking.
(13.03.2006) Short particulars of the lease(s) (or under-lease(s))
under which the land is held:
Date : 27 January 2006
Term : 250 years from 1 September 2004
Current service charge is £1115.12 per annum and ground rent is £150 per annum.

Agent Details

Entwistle Green, Maghull

0151 453 9798

Next Steps?

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