2 Bed Flat, Potential PLO/LOA, Liverpool, L24 9LJ, £80,000

49 Alderman Road, Liverpool, L24 9LJ - 10 views - 5 months ago

Under Offer
Leasehold
Negative Equity
ROI: 16%
58 m²
+1 photos

ValuationUndervalued

Sold Prices£47.9K - £332.5K
Sold Prices/m²£886/m² - £2.8K/m²

 

 

Square Metres

58 m²
Price/m²£1.4K/m²

Value Estimate

£86,482
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£585 - £895

Rent Estimate

£725

Running Costs/mo

£415

Cashflow/mo

£310

Cashflow/yr

£3,720

ROI

16%

Gross Yield

11%

Local Sold Prices

50 sold prices from £47.9K to £332.5K, average is £104K. £886/m² to £2.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£88K06/230.02 mi3, Alderman Road, Speke, Liverpool, Merseyside L24 9LJ2
£76K02/220.06 mi48, Addenbrooke Drive, Speke, Liverpool, Merseyside L24 9LL2
£80K08/220.08 mi125, Hansby Drive, Speke, Liverpool, Merseyside L24 9LW2
£83.5K06/220.08 mi133, Hansby Drive, Speke, Liverpool, Merseyside L24 9LW2
£80K08/220.08 mi131, Hansby Drive, Speke, Liverpool, Merseyside L24 9LW2
£80K12/220.21 mi27, Alderman Road, Speke, Liverpool, Merseyside L24 9LJ2
£85K12/210.68 mi1d, Kylemore Way, Liverpool, Merseyside L26 1TX2
£47.9K11/200.68 mi1e, Kylemore Way, Liverpool, Merseyside L26 1TX2
£110K02/211.1 mi27, Sylvan Court, Liverpool, Merseyside L25 7AJ2
£142K09/231.1 mi15, Sylvan Court, Liverpool, Merseyside L25 7AJ2
£85K08/211.11 mi23a, Markfield Crescent, Liverpool, Merseyside L25 9PD2
£123.8K04/231.13 mi1, Neasham Close, Liverpool, Merseyside L26 0SX2
£91K04/211.15 mi4, Bravery Court, Liverpool, Merseyside L19 2QY2
£105K10/221.16 mi49, Bravery Court, Liverpool, Merseyside L19 2QY2
£117K11/221.16 mi43, Bravery Court, Liverpool, Merseyside L19 2QY2
£110K03/231.22 mi20, All Hallows Drive, Liverpool, Merseyside L24 2RA2
£95K09/211.33 mi118, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH2
£85K02/211.33 mi138, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH2
£131K08/221.41 mi1b, Danefield Terrace, Liverpool, Merseyside L19 4TH2
£120K01/211.44 mi55, Dovercroft, Liverpool, Merseyside L25 7XA2
£84K08/221.51 mi65, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£63.5K11/201.51 mi116, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£78K05/231.51 mi113, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£332.5K03/211.51 mi2, Reynolds Way, Liverpool, Merseyside L25 5HX2
£83K02/231.52 mi96, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£78K03/211.53 mi39, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£77.5K01/211.53 mi14, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£85K07/221.53 mi61, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£114K03/231.53 mi2, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£90K03/211.59 mi12a, Ramsey Close, Liverpool, Merseyside L19 4XH2
£150K06/231.62 mi12, Clay Cross Road, Liverpool, Merseyside L25 6LP2
£170K09/221.62 mi22, Clay Cross Road, Liverpool, Merseyside L25 6LP2
£115K09/211.63 mi49, Greenway Road, Liverpool, Merseyside L24 7RY2
£80K10/201.67 mi70, Lymecroft, Woolton, Liverpool, Merseyside L25 7US2
£103K11/221.68 mi50, Heald Street, Liverpool, Merseyside L19 2LY2
£220K05/231.69 mi7, New Heys Drive, Liverpool, Merseyside L18 9YE2
£168K12/201.72 mi7, Byron Court, Woolton, Liverpool, Merseyside L25 6LY2
£60K01/231.74 mi40, Heald Street, Liverpool, Merseyside L19 2LY2
£85K05/231.74 mi24, Heald Street, Liverpool, Merseyside L19 2LY2
£107K02/231.74 mi18, Heald Street, Liverpool, Merseyside L19 2LY2
£135K02/211.74 mi18, Rockmount Close, Liverpool, Merseyside L25 6JN2
£159K12/221.74 mi5, Rockmount Close, Liverpool, Merseyside L25 6JN2
£156K09/221.75 mi7, Rockmount Close, Liverpool, Merseyside L25 6JN2
£140K05/231.77 mi5, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£96K02/211.77 mi1, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£135K06/231.77 mi6, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£111K11/221.78 mi54, Woodsome Park, Woolton, Liverpool, Merseyside L25 5HA2
£125K01/231.85 mi26, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£119K10/211.85 mi16, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£117K06/211.85 mi32, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2

Local Rents

18 rents from £585/mo to £895/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75004/240 miAlderman Road, Hunts Cross, L242
£80004/240.08 miHansby Drive, Speke, LIVERPOOL2
£68504/230.1 mi-2
£58503/230.12 mi-2
£72510/230.5 mi-2
£80003/250.99 mi-2
£80003/241 mi-2
£80004/241 miHunts Cross Avenue, Liverpool, L252
£89505/241.11 miVineyard Street, Liverpool, L192
£89505/241.11 mi-2
£75001/241.12 mi-2
£80011/241.13 mi-2
£75004/241.17 miBravery Court, Liverpool, Merseyside, L192
£85005/241.19 mi-2
£85005/241.19 mi-2
£85005/241.19 miBravery Court, Liverpool, L192
£85005/241.19 miBravery Court, Liverpool, L192
£75012/241.23 miTrispen Close, Liverpool, Merseyside. L26 7YP2

Local Area Statistics

Population in L24

15,951

Population in Liverpool

675,519

Town centre distance

8.68 miles away

Nearest school

0.30 miles away

Nearest train station

0.33 miles away

 

 

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £80,000

-69%

November 2, 2024

Sold for £134,995

2006

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Ideal for FIRST TIME BUYERS +
  • Excellent Yields for Investors +
  • TOP FLOOR Apartment +
  • CAR PARKING Space allocated +
  • Excellent transport links nearby +
  • Video available +
  • Use BOOKING SLOTS online to view in PERSON +

*NO ONWARD CHAIN* An ideal first home or ideal for an investor with great yields. This top floor, two DOUBLE bedroom spacious flat with Open-plan Kitchen/living/dining room located in the south of the city.  Secured entry system It is close to Liverpool John Lennon Airport and Hunts Cross Train Station, which gets you into Liverpool City Centre in 15 minutes. The area has great local amenities, road links and the property comes with allocated parking. Electric Heating.  Annual Service charge = £982 Annual Ground rent = £123.72
Years left on lease = 981

Agent Details

EweMove, Covering North West England

01274 015949

Next Steps?

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