2 Bed Flat, Single Let, Liverpool, L3 2BD, £170,000

Standish Street, Liverpool, L3 2BD - 7 views - 6 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£37K - £315K
Sold Prices/m²£352/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£111,906

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£700 - £1,700

Rent Estimate

£895

Running Costs/mo

£730

Cashflow/mo

£165

Cashflow/yr

£1,977

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £37K to £315K, average is £178.5K. £352/m² to £5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£217K12/220.55 miFlat 202c, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/220.58 miFlat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£230K12/220.61 miFlat 120, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£240K05/210.61 miFlat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£163K08/210.61 miFlat 201, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/230.61 miFlat 128, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£225K01/230.61 miFlat 158, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£236K04/230.61 miFlat 153, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£270K06/230.61 miFlat 23, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£210K01/210.61 miFlat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£187K05/210.61 miFlat 73, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£215K08/230.61 miFlat 198, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£275K01/210.61 miFlat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£200K12/200.61 miFlat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£285K05/210.61 miFlat 150, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£227.5K10/200.61 miFlat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£220K05/230.61 miFlat 72, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£162K06/210.63 miFlat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£144K10/210.63 miFlat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£185K01/240.64 miWaterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT2
£155K09/230.65 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£140K09/210.67 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£100K12/210.67 mi133, Salisbury Street, Liverpool, Merseyside L3 8BT2
£120K02/210.68 mi82, St Andrew Street, Liverpool, Merseyside L3 5XY2
£185K10/230.68 miFlat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/210.68 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£190K02/230.68 miFlat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£195K10/230.68 miFlat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£172K03/230.68 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£37K05/220.71 mi75, James Dunne Avenue, Liverpool, Merseyside L5 8SA2
£97K10/200.73 mi15, Courtier Close, Liverpool, Merseyside L5 3PT2
£116.1K07/220.79 mi62, Chapel Gardens, Liverpool, Merseyside L5 5BE2
£92K07/210.79 mi6, Gem Street, Liverpool, Merseyside L5 2AT2
£131K11/210.82 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£195K02/210.82 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.82 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£95K12/200.89 mi259, Conway Street, Liverpool, Merseyside L5 3BB2
£92.5K10/220.9 mi243, Conway Street, Liverpool, Merseyside L5 3BB2
£93K06/220.9 mi181, Conway Street, Liverpool, Merseyside L5 3BB2
£80K12/220.9 mi191, Conway Street, Liverpool, Merseyside L5 3BB2
£315K11/230.91 miEast Quay, Flat 48, Wapping Quay, Liverpool, Merseyside L3 4BU2
£260K12/200.91 miFlat 11, North Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£275K10/200.91 miFlat 38, East Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£285K04/240.91 miEast Quay, Flat 33, Wapping Quay, Liverpool, Merseyside L3 4BU2
£113K03/230.91 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150K10/200.91 mi40, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150.5K01/230.92 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£95K06/230.93 mi99, Conway Street, Liverpool, Merseyside L5 3BA2
£92.5K09/220.93 mi19, Conway Street, Liverpool, Merseyside L5 3BA2
£130K11/220.98 mi35, Gilmartin Grove, Liverpool, Merseyside L6 1EG2

Local Rents

50 rents from £700/mo to £1.7K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,15012/240 miStandish Street, Liverpool, L32
£90012/240.01 mi-2
£89502/250.02 mi-2
£1,10004/240.02 miStandish Street, Liverpool, Merseyside, L32
£80004/240.02 mi17 Standish Street, Liverpool2
£1,05012/240.05 mi-2
£1,05012/240.05 mi-2
£79504/240.06 miLace Street, Liverpool, Merseyside, L32
£82512/240.08 miBispham House, City Centre2
£85012/240.08 miBispham House, Liverpool, Merseyside, L32
£1,10003/250.1 mi-2
£1,05001/240.1 mi-2
£1,05004/240.1 mi-2
£1,15012/240.11 mi-2
£1,15012/240.11 mi-2
£95012/240.13 miHatton Gardens, L3 2HA, 2
£99512/240.14 miThe Reach, Leeds Street, Liverpool2
£1,15002/250.14 mi-2
£1,55002/240.14 mi-2
£1,70012/240.14 mi-2
£1,30003/250.14 mi-2
£1,10004/240.14 mi-2
£1,10012/240.14 mi-2
£1,15002/250.14 mi-2
£1,25005/240.15 miCable House, 49 Cheapside, Liverpool, Merseyside, L22
£1,25005/240.15 miCheapside, Liverpool2
£1,30003/240.15 miCheapside, Liverpool, Merseyside, L22
£95004/240.15 mi39 Leeds Street, City Centre, Liverpool, L32
£90012/240.15 miThe Reach, Leeds Street, City Centre, Liverpool, L32
£90003/240.16 miLeeds Street, Liverpool2
£70004/240.16 mi-2
£85012/240.16 mi-2
£85004/250.16 mi-2
£70004/240.16 mi-2
£78012/240.16 miLeeds Street, The Reach, L32
£87502/240.16 mi-2
£87504/240.16 mi-2
£85004/240.16 mi-2
£92504/240.16 mi-2
£99512/240.16 mi-2
£1,02512/240.16 mi-2
£90012/240.16 mi-2
£90004/250.16 mi-2
£99503/250.16 mi-2
£80003/240.16 mi-2
£90006/240.16 mi-2
£1,17003/250.16 mi-2
£1,25006/240.16 miWestminster Chambers, Crosshall Street2
£80004/240.17 miTithebarn Street, Liverpool, L32
£1,20006/240.17 miCrosshall Street, Liverpool2

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

3.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+67%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £170,000

October 3, 2024

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Spacious Lounge +
  • Modern Kitchen +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat located in Liverpool. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, spacious lounge, and a modern kitchen.

Investment details

It currently produces an annual gross income of £10,740 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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