2 Bed Flat, Single Let, Prescot, L34 5PJ, £95,000

Bridge Road, Prescot, Merseyside, L34 5PJ - 2 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£50K - £155K
Sold Prices/m²£533/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£79,074

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£550 - £1,200

Rent Estimate

£578

Running Costs/mo

£432

Cashflow/mo

£146

Cashflow/yr

£1,746

ROI

6%

Gross Yield

7%

Local Sold Prices

24 sold prices from £50K to £155K, average is £75K. £533/m² to £2.1K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£155K03/210.2 mi21, Speakman Way, Prescot, Merseyside L34 5ND2
£84.8K03/230.28 mi5, Hunter Court, Prescot, Merseyside L34 2UH2
£84.8K08/220.29 mi17, Hunter Court, Prescot, Merseyside L34 2UH2
£65K08/220.29 mi121, Beaconsfield, Prescot, Merseyside L34 5PF2
£82.5K10/210.3 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£82.5K10/210.3 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£50K03/210.3 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£65K02/220.3 miApartment 27, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£73.5K01/240.3 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£75K11/230.3 miBrookside Court, Apartment 20, Shaw Lane, Prescot, Merseyside L35 5AE2
£57K02/210.35 mi90, Beaconsfield, Prescot, Merseyside L34 5PE2
£72.5K05/230.39 mi22, Meribel Square, Prescot, Merseyside L34 5TH2
£77.5K11/230.39 mi2, Meribel Square, Prescot, Merseyside L34 5TH2
£72K10/210.4 mi33, Hughes Avenue, Prescot, Merseyside L35 5EH2
£53K05/220.41 mi65, Brook Street, Whiston, Prescot, Merseyside L35 5AP2
£90K09/210.45 mi3, Grosvenor Court, Prescot, Merseyside L34 6NF2
£75K11/220.49 mi48, Hughes Avenue, Prescot, Merseyside L35 5EP2
£63.5K08/210.49 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£70K07/230.49 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£100K06/210.52 miFlat 6, Alexander House, Rio Court, Prescot, Merseyside L34 6NE2
£93K12/200.65 mi26, Egerton Road, Prescot, Merseyside L34 3LT2
£71.5K03/220.69 mi15a, Scott Avenue, Whiston, Prescot, Merseyside L35 2XT2
£117.5K06/230.78 mi28, Portico Court, Prescot, Merseyside L35 7LP2
£90K03/220.78 mi5, Portico Court, Prescot, Merseyside L35 7LP2

Local Rents

44 rents from £550/mo to £1.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£90005/240.03 miBridge Road, Prescot, Merseyside, L342
£94512/240.03 miBridgefield Court, Prescot2
£92504/240.03 miBridgefield Court, Prescot2
£85004/240.03 mi-2
£85010/240.03 mi-2
£85012/240.03 mi-2
£79502/250.04 mi-2
£79512/240.05 mi-2
£79501/240.05 mi-2
£79512/240.05 mi-2
£82504/250.05 mi-2
£85012/240.1 miKenneth Close, Prescot, Merseyside, L342
£85012/240.1 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77512/240.1 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77504/240.1 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£1,20002/250.11 mi-2
£84012/240.13 mi-2
£84012/240.13 miBroadlands, Prescot, L352
£77512/240.15 miPendleton Court, Speakman Way, Prescot, L342
£85003/250.17 mi-2
£69512/240.18 mi-2
£75003/240.23 mi-2
£80012/240.25 mi-2
£85012/240.36 mi-2
£55012/240.37 mi-2
£95004/240.38 miPrescot Park, Prescot, L342
£65005/240.39 miKemble Street, Prescot, Merseyside2
£65004/240.42 miEccleston Street, Prescot, Merseyside, L342
£85012/240.43 mi-2
£69012/240.46 mi-2
£62501/250.47 mi-2
£75002/250.49 mi-2
£75012/240.49 mi-2
£75011/240.49 mi-2
£79504/240.5 mi-2
£79512/240.5 mi-2
£70012/240.51 miRowson Street, Prescot, Merseyside, L342
£80004/250.51 mi-2
£80004/250.51 mi-2
£85012/240.51 mi-2
£85002/250.53 mi-2
£95012/240.54 mi-2
£77512/240.61 miLancaster Avenue, L352
£80011/240.62 mi-2

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.34 miles away

Nearest school

0.30 miles away

Nearest train station

0.06 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £95,000

November 5, 2024

Floor Plans

Description

  • No Chain +
  • Resident Car Parking Spaces +
  • Two Bedrooms +
  • Modern Open Plan Kitchen/Dining/Living Room +
  • Investment Opportunity +
  • Ideal For First Time Buyers +
  • EPC GRADE AWAITING +
  • COUNCIL TAX BAND - A +

Whether it's your first home or you're looking to add to your property portfolio look no further than Bridgefield Court. This home is currently tenanted but is open for anybody to view and offers two bedrooms, open plan kitchen/dining/living room area, bathroom space, resident car parking and is situated in close proximity to a train station, town centre and retail shopping park. Being sold with no onward chain this is not an opportunity to be missed so call the team today to book your viewing. EPC GRADE C. COUNCIL TAX BAND - A. Leasehold property - Term : 999 years from 1 January 2008.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

PRE240356/2

Agent Details

Reeds Rains, Prescot

0151 453 8584

Next Steps?

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