2 Bed Flat, Single Let, Liverpool, L3 2BE, £196,000

59 Fontenoy Street, Liverpool, L3 2BE - 6 months ago

Leasehold
BTL
~68 m²

ValuationOvervalued

Sold Prices£37K - £285K
Sold Prices/m²£352/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£101,658

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,000

Stamp Duty & Legal Fees

£7,080

Total Cash In

£56,080

 

 

Cash Out

 

Rent Range

£700 - £1,150

Rent Estimate

£621

Running Costs/mo

£757

Cashflow/mo

£-136

Cashflow/yr

£-1,628

Gross Yield

4%

Local Sold Prices

50 sold prices from £37K to £285K, average is £152.8K. £352/m² to £5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£100K12/210.58 mi133, Salisbury Street, Liverpool, Merseyside L3 8BT2
£155K09/230.62 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£120K02/210.63 mi82, St Andrew Street, Liverpool, Merseyside L3 5XY2
£217K12/220.64 miFlat 202c, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£97K10/200.65 mi15, Courtier Close, Liverpool, Merseyside L5 3PT2
£240K12/220.66 miFlat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£230K12/220.69 miFlat 120, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£240K05/210.69 miFlat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£163K08/210.69 miFlat 201, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/230.69 miFlat 128, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£225K01/230.69 miFlat 158, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£236K04/230.69 miFlat 153, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£270K06/230.69 miFlat 23, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£210K01/210.69 miFlat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£187K05/210.69 miFlat 73, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£215K08/230.69 miFlat 198, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£275K01/210.69 miFlat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£200K12/200.69 miFlat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£285K05/210.69 miFlat 150, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£227.5K10/200.69 miFlat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£220K05/230.69 miFlat 72, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£37K05/220.71 mi75, James Dunne Avenue, Liverpool, Merseyside L5 8SA2
£162K06/210.71 miFlat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£144K10/210.71 miFlat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£185K01/240.73 miWaterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT2
£116.1K07/220.73 mi62, Chapel Gardens, Liverpool, Merseyside L5 5BE2
£140K09/210.75 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£185K10/230.76 miFlat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/210.76 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£190K02/230.76 miFlat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£195K10/230.76 miFlat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£172K03/230.76 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£92K07/210.78 mi6, Gem Street, Liverpool, Merseyside L5 2AT2
£131K11/210.81 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
£95K12/200.82 mi259, Conway Street, Liverpool, Merseyside L5 3BB2
£92.5K10/220.83 mi243, Conway Street, Liverpool, Merseyside L5 3BB2
£93K06/220.83 mi181, Conway Street, Liverpool, Merseyside L5 3BB2
£80K12/220.83 mi191, Conway Street, Liverpool, Merseyside L5 3BB2
£95K06/230.86 mi99, Conway Street, Liverpool, Merseyside L5 3BA2
£92.5K09/220.86 mi19, Conway Street, Liverpool, Merseyside L5 3BA2
£130K11/220.89 mi35, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£117K07/220.89 mi54, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£87.5K11/200.89 mi65, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£100K11/200.89 mi60, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£87.5K11/200.89 mi65, Gilmartin Grove, Liverpool, Merseyside L6 1EG2
£113K03/230.91 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150K10/200.91 mi40, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150.5K01/230.91 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2

Local Rents

50 rents from £700/mo to £1.1K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£82512/240.02 miBispham House, City Centre2
£85012/240.03 miBispham House, Liverpool, Merseyside, L32
£79504/240.04 miLace Street, Liverpool, Merseyside, L32
£80004/240.08 mi17 Standish Street, Liverpool2
£1,10004/240.08 miStandish Street, Liverpool, Merseyside, L32
£89502/250.08 mi-2
£1,15012/240.1 miStandish Street, Liverpool, L32
£1,05012/240.1 mi-2
£1,05012/240.1 mi-2
£90012/240.1 mi-2
£99512/240.15 miThe Reach, Leeds Street, Liverpool2
£95004/240.16 mi39 Leeds Street, City Centre, Liverpool, L32
£90012/240.16 miThe Reach, Leeds Street, City Centre, Liverpool, L32
£70004/240.16 mi-2
£85012/240.16 mi-2
£85004/250.16 mi-2
£70004/240.16 mi-2
£90003/240.16 miLeeds Street, Liverpool2
£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
£99502/250.16 mi-2
£1,05001/240.17 mi-2
£1,05004/240.17 mi-2
£95012/240.17 miThe Reach, Leeds Street, Liverpool, L3 2DB2
£1,10003/250.17 mi-2
£92504/240.17 mi-2
£90004/240.17 mi-2
£95004/250.17 mi-2
£79512/240.17 miThe Reach, Liverpool, L32
£79512/240.17 mi-2
£97512/240.18 miThe Reach, Leeds Street, Liverpool2
£90004/240.18 mi-2
£95012/240.18 mi-2
£99512/240.18 mi-2
£99512/240.18 mi-2
£1,05012/240.18 mi-2
£1,05012/240.18 mi-2
£90012/240.18 miLeeds Street, Liverpool, L32
£95012/240.19 miHatton Gardens, L3 2HA, 2
£1,15012/240.19 mi-2
£1,15012/240.19 mi-2
£80003/240.21 mi-2
£90006/240.21 mi-2

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

3.27 miles away

Nearest school

0.90 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+67%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £196,000

October 4, 2024

Description

We are excited to introduce to you an exciting investment opportunity that has just landed in Liverpool. I think it could be perfect for you!

Full Description - We are excited to introduce to you an exciting investment opportunity that has just landed in Liverpool. I think it could be perfect for you!
Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required This development boasts incredible one and two bedroom apartments finished to the highest quality to make all tenants the luxury living experience. Perfectly situated on the edge of the Liverpool city centre, tenants will be only a 10 minute walk from all the hustle and bustle of the vibrant city centre. INVESTMENT OVERVIEW - Short term lettings permitted - Off plan investment opportunity - 20% below current market value - Up to 10% yields using short term lettings model - 0.1% Ground rent - 250-year leasehold - Council tax band - A 1 bedroom apartments from ?135,900 2 bedroom apartments from ?195,000 LOCATION OVERVIEW - In 2024 it is predicted that house prices will grow 27.3% in the North West - Only a 10 minute walk away from the New Liverpool Waters ?5.5bn regeneration area - In the last 12 months Liverpool has achieved 10.7% in capital growth - The L3 postal are is set to bring in an average 7.40% rental yield This apartment is the perfect investment with a 250-year tenure leasehold. The service charge is estimated at ?2 sqft (investors will be made aware of the review date in the future) with the ground rent estimated to be 0.1%, you will be informed of the review period on purchase. It is also predicted to be within the Council Tax band – A. Contact us today to discuss this exciting new development with one of our consultants. Information shown is subject to change

Agent Details

Elite Realty Invest, Liverpool

0151 453 2241

Next Steps?

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