2 Bed Flat, Single Let, Liverpool, L31 2HD, £125,000

Southport Road, Lydiate, Liverpool, Merseyside, L31 2HD - 5 months ago

Leasehold

BTL

ROI: 5%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£37.3K - £230K
Sold Prices/m²	£1.7K/m² - £3.5K/m²

Square Metres	~68.11 m²
Price/m²	£1.8K/m²
Value Estimate	£131,426£131,426
BMV	5%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£31,250£31,250
Stamp Duty & Legal Fees	£7,450£7,450
Total Cash In	£38,700£38,700

Cash Out
Rent Range	£675 - £1,355£675 - £1,355
Rent Estimate	£731
Running Costs/mo	£557£557
Cashflow/mo	£174£174
Cashflow/yr	£2,090£2,090
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

21 sold prices from £37.3K to £230K, average is £131.5K. £1.7K/m² to £3.5K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£117K	01/21	0.26 mi	2, Oakhill Cottage Lane, Liverpool, Merseyside L31 2PB	£2,053	57	2	Flat
£111K	10/20	0.26 mi	1, Haigh Crescent, Liverpool, Merseyside L31 2LG	£1,708	65	2	Flat
£136.5K	10/22	0.27 mi	2a, Oakhill Cottage Lane, Liverpool, Merseyside L31 2PB	£2,052	67	2	Flat
£140K	04/23	0.4 mi	136b, Liverpool Road, Lydiate, Liverpool, Merseyside L31 2NB	£2,298	61	2	Flat
£135K	07/22	0.47 mi	Flat 37, Mayhall Court, Westway, Maghull, Liverpool, Merseyside L31 0EB	-	-	2	Flat
£37.3K	08/22	0.48 mi	Flat 33, Mayhall Court, Westway, Maghull, Liverpool, Merseyside L31 0EB	-	-	2	Flat
£136K	02/23	0.48 mi	Flat 18, Mayhall Court, Westway, Maghull, Liverpool, Merseyside L31 0EB	-	-	2	Flat
£139K	03/23	0.48 mi	Flat 41, Mayhall Court, Westway, Maghull, Liverpool, Merseyside L31 0EB	-	-	2	Flat
£120K	06/23	0.52 mi	28, Ravenglass Avenue, Maghull, Liverpool, Merseyside L31 6BZ	-	-	2	Flat
£140K	05/22	0.64 mi	2, Ulverston Close, Maghull, Liverpool, Merseyside L31 9BB	-	-	2	Flat
£131.5K	03/23	0.71 mi	256, Liverpool Road South, Liverpool, Merseyside L31 7DH	£1,879	70	2	Flat
£230K	06/21	0.8 mi	1, Windsor Road, Maghull, Liverpool, Merseyside L31 7DS	£3,485	66	2	Flat
£130K	12/22	0.81 mi	26, Windermere Drive, Maghull, Liverpool, Merseyside L31 9BQ	£1,831	71	2	Flat
£148K	10/20	0.82 mi	12, Chilton Court, Liverpool, Merseyside L31 6EU	£2,085	71	2	Flat
£130K	01/21	0.82 mi	11, Chilton Court, Liverpool, Merseyside L31 6EU	-	-	2	Flat
£148K	06/23	0.82 mi	11, Chilton Court, Liverpool, Merseyside L31 6EU	-	-	2	Flat
£135K	06/22	0.82 mi	21, Chilton Court, Liverpool, Merseyside L31 6EU	£1,849	73	2	Flat
£124K	08/23	0.93 mi	Flat 9, Beechwood Court, Deyes Lane, Liverpool, Merseyside L31 6EG	-	-	2	Flat
£127K	07/22	0.96 mi	21, Birch Close, Maghull, Liverpool, Merseyside L31 6AN	£1,966	65	2	Flat
£122K	01/23	0.96 mi	14, Birch Close, Maghull, Liverpool, Merseyside L31 6AN	£1,893	64	2	Flat
£117K	08/23	0.98 mi	49, Sefton Drive, Maghull, Liverpool, Merseyside L31 8AG	£1,828	64	2	Flat

Local Rents

11 rents from £675/mo to £1.4K/mo, average is £925/mo.

Rent	Date	Distance	Address	Beds	Type
£800	04/24	0.01 mi	Aster Court, Lydiate, L31 2HD	2	Flat
£750	04/24	0.2 mi	Liverpool Road, Lydiate, Liverpool, L31 2NA	2	Flat
£950	04/24	0.24 mi	Southport Road, Lydiate, Liverpool, L31 2JN	2	Detached House
£1,000	04/24	0.29 mi	Marshalls Close, L31 2JT	2	Flat
£675	12/24	0.4 mi	Central Square, Maghull	2	Flat
£725	04/24	0.41 mi	Liverpool Road, Lydiate, Liverpool, L31 2NB	2	Flat
£1,355	12/24	0.41 mi	Whitworth Close, Liverpool, L31 3FB	2	Detached House
£1,200	04/24	0.42 mi	Silver Birch Way, Maghull, L31 4DU	2	Flat
£1,025	12/24	0.42 mi	Eastbrook Vilage, Liverpool, L31	2	Terraced House
£850	12/24	0.44 mi	The Fieldings, Maghull, L31 2PT	2	Flat
£925	02/24	0.48 mi	-	2	Bungalow

Local Area Statistics

Population in L31	30,31630,316
Population in Liverpool	675,519675,519
Town centre distance	4.53 miles away4.53 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.13 miles away1.13 miles away

Rental growth (12m)	+31%+31%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+37%+37%

Property History

Listed for £125,000

October 31, 2024

Description

First Floor Apartment +
Open Plan Lounge/Kitchen +
Two Bedrooms +
Double Glazed Windows +
Electric Heating +
Gated Secure Allocated Parking +
Communal Gardens +
Viewings Highly Recommended +

Sutton Kersh are advertising to the open sales market this first floor, two bedroom apartment situated in the Aster Court complex in Lydiate. The property briefly comprises to the ground floor, secure shared entrance with stairs leading to first floor, Inner hall, open plan lounge/diner, kitchen, two bedrooms and family bathroom. The property further benefits from double glazed windows, electric heating and gated secure allocated parking. Call our City Centre branch today to gain more information or to book a viewing that will not disappoint.

Agent Details

Sutton Kersh, City Centre

0151 453 0671

Next Steps?

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

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