2 Bed Flat, Potential PLO/LOA, Liverpool, L18 1LF, £155,000

2-bedroom apartment, Elm Hall Drive, Liverpool, L18 1LF - 5 views - 5 months ago

Sold STC
Leasehold
Negative Equity
ROI: 3%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£87.5K - £295K
Sold Prices/m²£1.3K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£163,841
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£695 - £2,300

Rent Estimate

£753

Running Costs/mo

£655

Cashflow/mo

£98

Cashflow/yr

£1,176

ROI

3%

Gross Yield

6%

Local Sold Prices

47 sold prices from £87.5K to £295K, average is £184K. £1.3K/m² to £3.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£295K03/210.24 mi57, Heathfield Road, Wavertree, Liverpool, Merseyside L15 9EU2
£142.5K05/230.36 mi23, Springhill Court, Liverpool, Merseyside L15 9EJ2
£224K05/230.48 mi21a, Mosslea Park, Liverpool, Merseyside L18 8DS2
£206K05/230.49 mi8, Elmsley Court, Liverpool, Merseyside L18 8BA2
£160K10/200.49 mi15, Elmsley Court, Liverpool, Merseyside L18 8BA2
£283K12/220.56 mi22, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£235K11/200.56 mi18, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£235K06/210.56 mi14, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£208K03/210.56 mi2, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£236K02/210.56 mi4, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£230K07/210.56 mi29, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£265K02/230.57 mi10, Menlove Mansions, Liverpool, Merseyside L18 2HY2
£200K12/220.72 miFlat 3, Grosvenor Court, Park Avenue, Mossley Hill, Liverpool, Merseyside L18 8EU2
£175K07/210.72 miFlat 28, Grosvenor Court, Park Avenue, Mossley Hill, Liverpool, Merseyside L18 8EU2
£175K07/210.72 miFlat 28, Grosvenor Court, Park Avenue, Mossley Hill, Liverpool, Merseyside L18 8EU2
£235K01/210.72 miFlat 20, Grosvenor Court, Park Avenue, Mossley Hill, Liverpool, Merseyside L18 8EU2
£186K11/220.72 miFlat 24, Grosvenor Court, Park Avenue, Mossley Hill, Liverpool, Merseyside L18 8EU2
£195K12/220.73 miFlat 27, Grosvenor Court, Park Avenue, Mossley Hill, Liverpool, Merseyside L18 8EU2
£87.5K12/200.74 mi16, Mere Bank, Liverpool, Merseyside L17 1AE2
£130K03/210.74 mi20, Mere Bank, Liverpool, Merseyside L17 1AE2
£116K01/230.74 mi64, Mere Bank, Liverpool, Merseyside L17 1AE2
£143K07/220.77 mi14, Davenham Court, Liverpool, Merseyside L15 8GD2
£136.5K12/220.77 mi50, Davenham Court, Liverpool, Merseyside L15 8GD2
£136.5K12/220.77 mi20, Davenham Court, Liverpool, Merseyside L15 8GD2
£120K03/230.78 mi4, Davenham Court, Liverpool, Merseyside L15 8GD2
£140K08/220.78 mi17, Davenham Court, Liverpool, Merseyside L15 8GD2
£136K10/220.78 mi21, Davenham Court, Liverpool, Merseyside L15 8GD2
£140K06/220.78 mi7, Davenham Court, Liverpool, Merseyside L15 8GD2
£135K12/220.79 mi55, Davenham Court, Liverpool, Merseyside L15 8GD2
£230K12/210.8 mi15, Pennyford Drive, Liverpool, Merseyside L18 8FB2
£180K09/210.8 mi50, Pennyford Drive, Liverpool, Merseyside L18 8FB2
£190K03/210.8 mi47, Pennyford Drive, Liverpool, Merseyside L18 8FB2
£197.5K03/230.8 mi31, Pennyford Drive, Liverpool, Merseyside L18 8FB2
£225K09/220.84 mi35, Cromptons Court, Liverpool, Merseyside L18 3EZ2
£189K07/210.85 mi40, Crompton Court, Liverpool, Merseyside L18 3EZ2
£180K05/210.85 mi33, Cromptons Court, Liverpool, Merseyside L18 3EZ2
£205K12/220.85 mi25, Cromptons Court, Liverpool, Merseyside L18 3EZ2
£150K03/230.9 miFlat 29, Rutland House, Croxteth Drive, Liverpool, Merseyside L17 3AF2
£152.5K04/210.91 mi4, Martindale Road, Liverpool, Merseyside L18 3LQ2
£155K04/210.91 mi10a, Martindale Road, Liverpool, Merseyside L18 3LQ2
£184K09/210.91 mi26, Martindale Road, Liverpool, Merseyside L18 3LQ2
£185K04/230.91 mi26b, Martindale Road, Liverpool, Merseyside L18 3LQ2
£187.5K01/230.96 mi23, Eton Court, Liverpool, Merseyside L18 3HG2
£167K12/200.96 mi24, Eton Court, Liverpool, Merseyside L18 3HG2
£170K06/210.96 mi6, Eton Court, Liverpool, Merseyside L18 3HG2
£190K10/220.98 mi16, Eton Court, Liverpool, Merseyside L18 3HG2
£137.5K12/200.99 mi12b, Irwell Close, Liverpool, Merseyside L17 0EB2

Local Rents

48 rents from £695/mo to £2.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£77505/240.05 miOakdale Road, L182
£1,05004/240.14 miHallville Road, Mossley Hill, Liverpool, L182
£97505/240.2 miPlattsville Road, Liverpool, Merseyside, L182
£80004/240.21 miMayville Road, Allerton2
£99504/240.21 miHeathfield Road, L15 9EZ2
£85005/240.23 mi1A Blenheim Road, Liverpool, Merseyside, L182
£70005/240.23 miBlenheim Road, Liverpool.2
£95003/240.23 mi-2
£95003/240.23 mi-2
£80003/240.26 mi-2
£1,25003/250.28 mi-2
£95012/240.28 mi-2
£1,00005/240.34 miAllerton Road, Mossley Hill, L182
£1,10003/250.34 mi-2
£1,25003/250.34 mi-2
£97508/240.36 mi-2
£92502/240.36 mi-2
£1,10005/240.4 mi-2
£1,10005/240.4 miLichfield Road, Wavertree, Liverpool, L152
£95012/230.43 mi-2
£1,10005/240.43 miHolmeside, Rose Lane, Liverpool, Merseyside, L182
£1,12507/240.48 mi-2
£1,12508/240.48 mi-2
£1,10003/250.48 mi-2
£89504/240.48 miElmsley Road, Mossley Hill, Liverpool, L18 8AY2
£1,00005/240.48 miElmsley Court, Liverpool, L182
£1,00006/240.48 mi-2
£1,10005/240.48 miElmsley Court, Mossley Hill, L182
£89507/240.48 mi-2
£84512/240.48 mi-2
£89505/240.48 miElmsley Road, Liverpool, L182
£69505/240.49 mi1 Patterdale Road, Wavertree, Liverpool, L15 5AT2
£99505/240.5 mi-2
£1,09505/240.5 mi-2
£99505/240.5 miDudlow Lane, Liverpool, L182
£95005/240.51 miCalderstones Avenue, Mossley Hill, Liverpool, L182
£1,50011/240.52 mi-2
£1,40011/230.52 mi-2
£1,60006/240.53 mi-2
£1,65010/240.53 mi-2
£1,60005/240.53 miErlscote, Liverpool, L182
£75012/240.54 mi-2
£99504/240.55 miMenlove Mansions, Liverpool2
£99512/230.55 mi-2
£1,80006/240.57 miNorth Mossley Hill Road, Liverpool, Merseyside, L182
£2,30006/240.57 miNorth Mossley Hill Road, Liverpool, Merseyside, L182
£85012/240.59 mi-2
£87503/250.61 mi-2

Local Area Statistics

Population in L18

26,898

Population in Liverpool

675,519

Town centre distance

5.56 miles away

Nearest school

0.10 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £155,000

-61%

October 31, 2024

Sold for £250,000

2005

Floor Plans

Description

  • Two Bedrooms +
  • Two Bed Apartment +
  • En Suite +
  • Request Viewings 24/7 +
  • First Time Buyers +

The Property
Welcome to this stunning 2-bedroom apartment located on Elm Hall Drive, Liverpool, L18 1LF. This beautifully maintained property offers an ideal living space for young professionals and first-time buyers alike. The open-plan kitchen diner provides a bright and inviting atmosphere, perfect for both entertaining and everyday living. The contemporary design and quality finishes throughout create a stylish and comfortable environment.

The master bedroom boasts a convenient ensuite, ensuring privacy and luxury, while the second bedroom offers flexibility for guests or a home office. Situated in a vibrant neighbourhood, this apartment is surrounded by an array of amenities, and it's just a short walk to the popular Lark Lane and Allerton Road, known for its charming cafes, restaurants, and boutiques. Additionally, being located within sought-after school postcodes makes this property an excellent choice for families. Don’t miss the opportunity to make this lovely apartment your new home!

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 26/07/2132

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Liverpool

020 3907 2647

Next Steps?

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