2 Bed Flat, Single Let, Liverpool, L21 0ET, £70,000

Four Acre Drive, Litherland, Merseyside, L21 0ET - 6 months ago

Sold STC
Leasehold
BTL
ROI: 16%
~66 m²
+6 photos

ValuationUndervalued

Sold Prices£30K - £193.3K
Sold Prices/m²£732/m² - £56.7K/m²

 

 

Square Metres

~65.80 m²
Price/m²£1.1K/m²

Value Estimate

£79,873
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£650 - £900

Rent Estimate

£675

Running Costs/mo

£374

Cashflow/mo

£301

Cashflow/yr

£3,615

ROI

16%

Gross Yield

12%

Local Sold Prices

50 sold prices from £30K to £193.3K, average is £85.5K. £732/m² to £56.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£53K08/220.09 mi6, Cross Hey, Ford, Liverpool, Merseyside L21 0ER2
£105K03/230.27 mi52, Simons Croft, Bootle, Merseyside L30 2RY2
£82K02/210.38 mi22, Green Hey Drive, Bootle, Merseyside L30 2NT2
£94K01/230.43 mi27, Poulsom Drive, Bootle, Merseyside L30 2NQ2
£107.5K09/210.54 mi32, Field Lane, Litherland, Liverpool, Merseyside L21 9NE2
£92K04/210.6 mi2, Brownmoor Close, Liverpool, Merseyside L23 9YF2
£58K11/230.72 mi12, St Damians Croft, Bootle, Merseyside L30 3TS2
£30K03/220.74 mi48, St Aidans Way, Bootle, Merseyside L30 3TN2
£55K03/220.74 mi26, St Aidans Way, Bootle, Merseyside L30 3TN2
£70K10/210.77 mi59, Amaury Road, Liverpool, Merseyside L23 9UY2
£78K07/210.83 mi6, The Marian Way, Bootle, Merseyside L30 3TF2
£57K10/230.92 mi7, The Marian Close, Bootle, Merseyside L30 3TR2
£120K01/210.95 miFlat 8, Brookside Court, Endbutt Lane, Liverpool, Merseyside L23 0TT2
£193.3K03/211 mi24, Ronald Road, Liverpool, Merseyside L22 3XU2
£50K03/231.01 mi163, The Marian Way, Bootle, Merseyside L30 3TE2
£150K12/221.05 miFlat 5, Garth Court, Haigh Road, Liverpool, Merseyside L22 3XL2
£110K04/221.06 miFlat 3, Garth Court, Haigh Road, Liverpool, Merseyside L22 3XL2
£123K09/211.06 miFlat 5, Garth Court, Haigh Road, Liverpool, Merseyside L22 3XL2
£70K02/211.08 mi28, Atlantic Way, Bootle, Merseyside L30 9TB2
£157.5K05/231.08 mi11, Westbourne Avenue, Liverpool, Merseyside L23 1UP2
£65K12/211.1 mi12, John Hunter Way, Bootle, Merseyside L30 5RJ2
£86K05/221.12 mi26a, Fir Road, Liverpool, Merseyside L22 4QL2
£77.5K09/221.12 mi170, Stonyfield, Bootle, Merseyside L30 0RF2
£65K09/231.13 mi118, Stonyfield, Bootle, Merseyside L30 0RE2
£132.5K01/231.14 miFlat 3, Leeswood, Park Road, Waterloo, Liverpool, Merseyside L22 3XE2
£150K04/231.14 miFlat 10, Leeswood, Park Road, Waterloo, Liverpool, Merseyside L22 3XE2
£69K06/221.16 mi3, Dewlands Road, Liverpool, Merseyside L21 1JF2
£168K04/241.16 miAngra Bank, Flat 11, Bramhall Road, Liverpool, Merseyside L22 3XA2
£120K06/231.17 miFlat 3, Moorhouse, The Northern Road, Liverpool, Merseyside L23 2RA2
£105.5K11/201.17 miFlat 9, Moorhouse, The Northern Road, Liverpool, Merseyside L23 2RA2
£50K01/231.2 mi60, Marie Curie Avenue, Bootle, Merseyside L30 5RY2
£112K12/201.21 miFlat 6, Angra Bank, Bramhall Road, Liverpool, Merseyside L22 3XA2
£130K08/221.22 miFlat 23, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£110K08/231.22 miFlat 10, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£127K03/231.22 miFlat 16, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£140K01/241.22 miMelrose Park, Flat 5, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£48K10/211.23 mi76, Marie Curie Avenue, Bootle, Merseyside L30 5RZ2
£166.9K11/201.29 mi41, Avon Court, Liverpool, Merseyside L23 2XQ2
£135K01/211.29 mi50, Corona Road, Waterloo, Liverpool, Merseyside L22 0LW2
£155K03/231.32 mi34, Avon Court, Liverpool, Merseyside L23 2SD2
£85K06/211.33 mi32, Heathfield Drive, Bootle, Merseyside L20 6GE2
£80K03/231.33 mi52, Maritime Court, Bootle, Merseyside L30 7PU2
£75K06/211.33 mi2, Green Park, Bootle, Merseyside L30 7PP2
£80K05/211.33 mi21, Green Park, Bootle, Merseyside L30 7PP2
£80K05/211.33 mi21, Green Park, Bootle, Merseyside L30 7PP2
£75K06/211.34 mi2, Green Park, Bootle, Merseyside L30 7PP2
£100K10/221.36 mi6, Green Park, Bootle, Merseyside L30 7PP2
£64K08/231.38 mi29, Violet Road, Liverpool, Merseyside L21 6NY2
£52K10/201.38 mi31, Violet Road, Liverpool, Merseyside L21 6NY2
£58.5K11/211.42 mi12, May Close, Liverpool, Merseyside L21 8JX2

Local Rents

11 rents from £650/mo to £900/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£67508/230.1 mi-2
£67503/240.1 mi-2
£67503/240.1 mi-2
£80001/250.1 mi-2
£65004/230.37 mi-2
£89001/240.39 mi-2
£75007/230.41 mi-2
£80003/230.42 mi-2
£80007/230.42 mi-2
£90009/240.42 mi-2
£90012/240.57 mi-2

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

1.91 miles away

Nearest school

0.20 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Price changed to £70,000

December 10, 2024

Price changed to £78,000

October 29, 2024

Listed for £89,950

October 4, 2024

Floor Plans

Description

SPACIOUS TWO BEDROOM APARTMENT.....

Whitegates are delighted to bring to the market this first floor TWO DOUBLE BEDROOM first floor apartment situated within a popular & vibrant L30 location. Four Acre Drive boasts from being within walking distance to local shops, schools, transport links & all amenities making an internal viewing strongly recommended.

The apartment briefly comprises; Entrance hall, cloaks/storage, stairs leading up to lounge/dining room, kitchen breakfast room, two double bedrooms and a bathroom. Outside provides communal front and rear gardens together with parking on the road to the front.

EPC: C
Council Tax: A
Leasehold - 125 years (104 years left)

Agent Details

Whitegates, Sefton

0151 453 5070

Next Steps?

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