2 Bed Flat, Cash/Bridging Only, Liverpool, L3 2AJ, £170,000

21 No 1 Hatton Gardens, Liverpool, L3 2AJ - 5 views - 6 months ago

Leasehold
Cash
ROI: 6%
~68 m²

ValuationOvervalued

Sold Prices£37K - £315K
Sold Prices/m²£352/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£137,063

 

 

End Value (After Refurb)

£160,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Refurb Costs

£28,709

Bridging Loan Interest

£4,463

Total Cash In

£83,722

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£160,000

Mortgage (After Refinance)

£120,000

Mortgage LTV

75%

Cash Left In

£83,722

Equity

£40,000

Rent Range

£795 - £3,397

Rent Estimate

£1,212

Running Costs/mo

£762

Cashflow/mo

£450

Cashflow/yr

£5,395

ROI

6%

Gross Yield

9%

Local Sold Prices

43 sold prices from £37K to £315K, average is £190K. £352/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£155K09/230.57 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£217K12/220.59 miFlat 202c, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/220.61 miFlat 209, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£120K02/210.64 mi82, St Andrew Street, Liverpool, Merseyside L3 5XY2
£162K06/210.65 miFlat 371, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£144K10/210.65 miFlat 363, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BU2
£230K12/220.65 miFlat 120, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£240K05/210.65 miFlat 112, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£163K08/210.65 miFlat 201, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£240K12/230.65 miFlat 128, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£225K01/230.65 miFlat 158, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£236K04/230.65 miFlat 153, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£270K06/230.65 miFlat 23, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£210K01/210.65 miFlat 110, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£187K05/210.65 miFlat 73, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£215K08/230.65 miFlat 198, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£275K01/210.65 miFlat 127, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£200K12/200.65 miFlat 191, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£285K05/210.65 miFlat 150, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BH2
£227.5K10/200.65 miFlat 81, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BQ2
£220K05/230.65 miFlat 72, Waterloo Warehouse, Waterloo Road, Liverpool, Merseyside L3 0BG2
£185K01/240.67 miWaterloo Quay, Flat 350, Waterloo Road, Liverpool, Merseyside L3 0BT2
£140K09/210.71 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£131K11/210.72 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£195K02/210.72 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.72 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£185K10/230.72 miFlat 295, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£140K09/210.72 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£190K02/230.72 miFlat 231, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£195K10/230.72 miFlat 232, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£172K03/230.72 miFlat 235, Waterloo Quay, Waterloo Road, Liverpool, Merseyside L3 0BS2
£100K12/210.75 mi133, Salisbury Street, Liverpool, Merseyside L3 8BT2
£315K11/230.79 miEast Quay, Flat 48, Wapping Quay, Liverpool, Merseyside L3 4BU2
£260K12/200.79 miFlat 11, North Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£275K10/200.79 miFlat 38, East Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£285K04/240.79 miEast Quay, Flat 33, Wapping Quay, Liverpool, Merseyside L3 4BU2
£113K03/230.81 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150K10/200.81 mi40, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150.5K01/230.82 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£37K05/220.82 mi75, James Dunne Avenue, Liverpool, Merseyside L5 8SA2
£97K10/200.84 mi15, Courtier Close, Liverpool, Merseyside L5 3PT2
£116.1K07/220.91 mi62, Chapel Gardens, Liverpool, Merseyside L5 5BE2
£92K07/210.91 mi6, Gem Street, Liverpool, Merseyside L5 2AT2

Local Rents

50 rents from £795/mo to £3.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95012/240.03 miHatton Gardens, L3 2HA, 2
£1,10004/240.04 mi-2
£1,10012/240.04 mi-2
£1,15002/250.04 mi-2
£80003/240.05 mi-2
£90006/240.05 mi-2
£1,17003/250.05 mi-2
£1,25006/240.05 miWestminster Chambers, Crosshall Street2
£1,20006/240.05 miCrosshall Street, Liverpool2
£1,25005/240.05 miCheapside, Liverpool2
£1,20003/250.06 mi-2
£90005/240.06 miWestminster Chambers, Crosshal, Liverpool2
£99504/240.06 mi81 Dale Street, Liverpool2
£1,25005/240.06 miPrinces Buildings, Dale Street2
£2,60004/240.06 mi-2
£95003/250.06 mi-2
£1,25005/240.08 miCable House, 49 Cheapside, Liverpool, Merseyside, L22
£1,30003/240.08 miCheapside, Liverpool, Merseyside, L22
£1,05012/240.09 mi-2
£1,05012/240.09 mi-2
£1,55002/240.09 mi-2
£1,70012/240.09 mi-2
£1,30003/250.09 mi-2
£1,50004/240.09 mi15 Hatton Garden, Liverpool, Merseyside, L32
£1,15002/250.1 mi-2
£1,30001/250.11 mi-2
£90012/240.11 mi-2
£1,80002/250.12 mi-2
£89502/240.12 mi-2
£90003/250.12 mi-2
£1,15012/240.12 miStandish Street, Liverpool, L32
£3,39702/240.13 mi-2
£1,05004/240.14 mi-2
£1,05004/240.14 miDale Street, Liverpool, L22
£89502/250.14 mi-2
£1,10004/240.14 miStandish Street, Liverpool, Merseyside, L32
£80004/240.14 mi17 Standish Street, Liverpool2
£80004/240.14 miTithebarn Street, Liverpool, L32
£99504/240.14 miCitrus House, Dale Street, Liverpool, Merseyside, L22
£2,80003/250.16 mi-2
£79504/240.16 miLace Street, Liverpool, Merseyside, L32
£2,00002/240.17 mi-2
£95004/240.17 mi-2
£90012/240.17 miSovereign Chambers, Temple Lane2
£82512/240.18 miBispham House, City Centre2
£85012/240.18 miBispham House, Liverpool, Merseyside, L32
£90012/240.19 miHamilton House, Pall Mall, Liverpool2
£90012/240.19 mi-2
£1,25012/240.19 mi-2
£89503/240.19 miHamilton House, 26 Pall Mall, Liverpool, Merseyside, L32

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

3.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.12 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 4, 2024

Description

Investors only - Short term lettings permitted - 15% cash deposit required We are proud to present a striking one-off investment opportunity for the short-term rental sector in Liverpool. No 1 Hatton Garden. Call Today !!

Full Description - Investors only - Short term lettings permitted - 15% cash deposit required We are proud to present a striking one-off investment opportunity for the short-term rental sector in Liverpool. No 1 Hatton Garden. Call Today !!
We are delighted to offer this amazing investment opportunity in the heart of Liverpool City Centre. No 1 Hatton Gardens is a former office building soon to be transformed into a luxury residential development. Located in the heart of Liverpool city centre, No 1 Hatton Gardens will comprise of one and two-bed apartments with secure onsite parking . Situated in the popular area of Hatton Garden, this development will feature state of the art facilities and stylish interiors throughout. This key location is surrounded by excellent local amenities such as gyms, convenience stores, medical centres and transport links with the city’s top universities and business districts. The apartments will be completed to the highest standard and will feature exceptional amenities such as a concierge service for the residents’ convenience. DON'T MISS OUT !!! To request further details inquire below Key investment terms: 1. 10% Below market value 2. Rental Return - 10% net projected yields using short term lettings 3. Air BNB permitted 4. 15% payment plan on exchange of contracts 5. Fully managed by Liverpool’s leading Airbnb lettings agent 6. Hands off investment Dont miss out on this rare opportunity to invest in Liverpool's fastest growing sector

Agent Details

Elite Realty Invest, Liverpool

0151 453 2241

Next Steps?

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