2 Bed Flat, Single Let, Liverpool, L9 6ED, £55,000

Apartment 3, 3 Swallow Fields, Liverpool, Merseyside L9 6ED - 6 views - 6 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 20%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£41K - £210K
Sold Prices/m²£579/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£808/m²

Value Estimate

£68,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£2,850

Total Cash In

£16,600

 

 

Cash Out

 

Rent Range

£595 - £950

Rent Estimate

£580

Running Costs/mo

£308

Cashflow/mo

£272

Cashflow/yr

£3,266

ROI

20%

Gross Yield

13%

Local Sold Prices

49 sold prices from £41K to £210K, average is £80K. £579/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£79K08/230.12 mi324a, Long Lane, Walton, Liverpool, Merseyside L9 6DG2
£73.5K02/220.62 mi39, Mater Close, Walton, Liverpool, Merseyside L9 6EP2
£87K12/230.63 mi37, Mater Close, Walton, Liverpool, Merseyside L9 6EP2
£75K09/230.75 mi17, Harbreck Grove, Liverpool, Merseyside L9 6GB2
£155.2K08/220.78 mi114, Longdown Road, Liverpool, Merseyside L10 4UT2
£81K03/230.81 mi9, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£90K07/230.81 mi14, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£80K04/230.81 mi1, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£90K01/220.9 mi10, Mond Road, Liverpool, Merseyside L10 7LJ2
£69.5K07/220.9 mi44, Gribble Road, Liverpool, Merseyside L10 7NF2
£75K08/231.06 mi30, Moor Court, Liverpool, Merseyside L10 0AS2
£80K09/221.06 mi4, Moor Court, Liverpool, Merseyside L10 0AS2
£107K05/211.19 mi269, Longmoor Lane, Liverpool, Merseyside L9 9EN2
£74K07/221.46 mi63, Taylforth Close, Liverpool, Merseyside L9 2DP2
£87K10/211.46 mi32, Taylforth Close, Liverpool, Merseyside L9 2DP2
£85K11/211.46 mi24, Taylforth Close, Liverpool, Merseyside L9 2DP2
£65K08/211.46 mi42, Taylforth Close, Liverpool, Merseyside L9 2DP2
£78K10/231.46 mi57, Taylforth Close, Liverpool, Merseyside L9 2DP2
£83K10/231.46 mi49, Taylforth Close, Liverpool, Merseyside L9 2DP2
£88K01/221.46 mi79, Taylforth Close, Liverpool, Merseyside L9 2DP2
£81K02/211.48 mi35, Taylforth Close, Liverpool, Merseyside L9 2DP2
£45K09/211.49 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£45K09/211.49 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£148K01/221.5 mi85a, Melling Road, Liverpool, Merseyside L9 0LH2
£111.5K11/201.64 miFlat 20, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£114K10/201.64 miFlat 12, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£127.5K04/231.64 miFlat 6, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£105K04/221.64 miFlat 9, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£210K01/231.65 mi5, Mill Square, Liverpool, Merseyside L10 6NB2
£127K09/211.68 mi3, Castle Keep, Liverpool, Merseyside L12 5LD2
£175K09/221.68 mi9, Castle Keep, Liverpool, Merseyside L12 5LD2
£50K10/221.74 mi32, Church Road, Walton, Liverpool, Merseyside L4 5TX2
£41K08/211.76 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£48K04/211.76 miApartment 7, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£41K08/211.76 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£60K04/221.8 mi74, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£55K01/211.8 mi28, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£172K05/221.81 mi21, Crosby Green, Liverpool, Merseyside L12 7JY2
£56K09/231.85 mi6, Marnwood Walk, Liverpool, Merseyside L32 5TS2
£133K02/221.95 mi175b, Altway, Liverpool, Merseyside L10 6LA2
£53K11/201.96 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£50K07/231.96 mi15, Wervin Road, Liverpool, Merseyside L32 5TY2
£53K11/201.97 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£53K11/201.97 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£53K11/201.97 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£95.5K01/231.97 mi159, Melwood Drive, Liverpool, Merseyside L12 4XG2
£65K08/211.98 mi5a, Muirhead Avenue, Liverpool, Merseyside L13 9BG2
£100K12/201.98 mi37, Berkley Avenue, West Derby, Liverpool, Merseyside L12 4YS2
£44K12/211.99 mi24, Overton Close, Liverpool, Merseyside L32 5TU2

Local Rents

10 rents from £595/mo to £950/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£65004/240.04 miSwallow Fields, Liverpool, L9 6ED2
£79504/240.05 miFinch Meadow Close, Liverpool, Merseyside, L92
£59505/240.1 miHigher Lane, Liverpool2
£80009/240.16 mi-2
£90001/250.32 mi-2
£92504/240.43 miOleander Way, Walton, L9 6EU2
£95005/240.44 miOleander Way, Queen Mary Place, Walton, L92
£95005/240.44 miOleander Way, Queen Mary Place, Walton, L92
£95005/240.44 miOleander Way, Queen Mary Place, L92
£80005/240.6 miDelagoa Road, Fazakerley, L10 9LT2

Local Area Statistics

Population in L9

32,585

Population in Liverpool

675,519

Town centre distance

2.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £55,000

October 16, 2024

Description

  • A Second Floor Two Bedroom Apartment +
  • Open Plan Lounge / kitchen Area +
  • Ideal Buy To Let / Investment Property +
  • Parking to the rear +

Online Auction - 12th to 13th November 2024 A Vacant Leasehold Second Floor Two Bedroom Apartment A vacant leasehold second floor apartment comprising: Entrance hallway, open plan living room / kitchen, two bedrooms and bathroom. Communal garden and parking to the rear.

Accommodation:
Hallway - 4.24m x 1.79m (13ft 11 x 5ft 10)
Lounge/Dining Room - 4.51m x 3.28m (14ft 10 x 10ft 9)
Kitchen - 1.68m x 3.28m (5ft 6 x 10ft 9)
Bedroom One - 3.05m x 3.23m (10ft 0 x 10ft 7)
Bedroom Two - 3.13m x 2.57m (10ft 3 x 8ft 5)
Bathroom - 1.95m x 1.79m (6ft 5 x 5ft 10)

Location – Situated just off the East Lancs Road (A580) and close to shops and amenities in Norris Green, Fazakerley and Walton.

Tenure: Leasehold
Title number: MS553973
Length of Lease/Term: 125 years from 1 January 2007
Ground Rent :
Council Tax Band : B
Local Authority: Liverpool

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold Lease Details: MS553973 EPC Rating: B Administration Fee: 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £1140 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Fulwood

01772 286883

Next Steps?

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