2 Bed Flat, Single Let, Liverpool, L5 3BA, £85,000

Conway Street, Liverpool, L5 3BA - 2 views - 5 months ago

Sold STC

Leasehold

BTL

ROI: 14%

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£37K - £130K
Sold Prices/m²	£352/m² - £5K/m²

Square Metres	~68.11 m²
Price/m²	£1.2K/m²
Value Estimate	£87,106£87,106
BMV	2%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£21,250£21,250
Stamp Duty & Legal Fees	£3,750£3,750
Total Cash In	£25,000£25,000

Cash Out
Rent Range	£595 - £2,500£595 - £2,500
Rent Estimate	£725
Running Costs/mo	£431£431
Cashflow/mo	£294£294
Cashflow/yr	£3,533£3,533
ROI	14%14%
Gross Yield	10%10%

Local Sold Prices

25 sold prices from £37K to £130K, average is £92K. £352/m² to £5K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£95K	06/23	0 mi	99, Conway Street, Liverpool, Merseyside L5 3BA	£1,105	86	2	Flat
£92.5K	09/22	0 mi	19, Conway Street, Liverpool, Merseyside L5 3BA	£1,250	74	2	Flat
£80K	12/22	0.04 mi	191, Conway Street, Liverpool, Merseyside L5 3BB	£930	86	2	Flat
£93K	06/22	0.04 mi	181, Conway Street, Liverpool, Merseyside L5 3BB	£1,274	73	2	Flat
£92.5K	10/22	0.04 mi	243, Conway Street, Liverpool, Merseyside L5 3BB	£1,267	73	2	Flat
£95K	12/20	0.04 mi	259, Conway Street, Liverpool, Merseyside L5 3BB	£1,284	74	2	Flat
£116.1K	07/22	0.2 mi	62, Chapel Gardens, Liverpool, Merseyside L5 5BE	£1,979	59	2	Flat
£97K	10/20	0.22 mi	15, Courtier Close, Liverpool, Merseyside L5 3PT	£1,732	56	2	Flat
£100K	12/21	0.49 mi	133, Salisbury Street, Liverpool, Merseyside L3 8BT	£1,493	67	2	Flat
£82K	03/21	0.49 mi	30, Dobson Street, Liverpool, Merseyside L6 2JG	£1,640	50	2	Flat
£90K	05/23	0.49 mi	24, Dobson Street, Liverpool, Merseyside L6 2JG	£1,765	51	2	Flat
£68K	09/22	0.5 mi	51, Mark Street, Liverpool, Merseyside L5 0RF	-	-	2	Flat
£92K	07/21	0.54 mi	6, Gem Street, Liverpool, Merseyside L5 2AT	-	-	2	Flat
£82K	08/21	0.59 mi	9, Globe Street, Liverpool, Merseyside L4 4HE	£1,155	71	2	Flat
£90K	08/22	0.6 mi	9, Globe Street, Liverpool, Merseyside L4 4HE	£1,268	71	2	Flat
£37K	05/22	0.64 mi	75, James Dunne Avenue, Liverpool, Merseyside L5 8SA	£352	105	2	Flat
£68K	02/21	0.67 mi	6, Carden Close, Liverpool, Merseyside L4 4QL	-	-	2	Flat
£67K	10/22	0.67 mi	2, Lester Close, Liverpool, Merseyside L4 4QH	£1,241	54	2	Flat
£62.2K	02/21	0.67 mi	5, Lester Close, Liverpool, Merseyside L4 4QH	£1,244	50	2	Flat
£130K	11/22	0.92 mi	35, Gilmartin Grove, Liverpool, Merseyside L6 1EG	£4,998	26	2	Flat
£117K	07/22	0.93 mi	54, Gilmartin Grove, Liverpool, Merseyside L6 1EG	£1,887	62	2	Flat
£87.5K	11/20	0.93 mi	65, Gilmartin Grove, Liverpool, Merseyside L6 1EG	£1,434	61	2	Flat
£100K	11/20	0.93 mi	60, Gilmartin Grove, Liverpool, Merseyside L6 1EG	£1,638	61	2	Flat
£87.5K	11/20	0.93 mi	65, Gilmartin Grove, Liverpool, Merseyside L6 1EG	£1,434	61	2	Flat
£99K	05/22	0.98 mi	9, Gloucester Court, Liverpool, Merseyside L6 1PQ	£1,338	74	2	Flat

Local Rents

50 rents from £595/mo to £2.5K/mo, average is £813/mo.

Rent	Date	Distance	Address	Beds	Type
£975	04/25	0 mi	-	2	Flat
£800	05/24	0.01 mi	Conway Street, Liverpool, Merseyside, L5	2	Flat
£795	04/24	0.01 mi	Conway Street, Liverpool	2	Flat
£775	05/24	0.01 mi	Conway Street, Liverpool	2	Flat
£900	02/24	0.02 mi	-	2	Flat
£875	04/24	0.02 mi	-	2	Flat
£825	04/24	0.02 mi	Conway Street, Liverpool	2	Flat
£895	02/25	0.06 mi	-	2	Flat
£825	04/24	0.06 mi	Conway Street, Liverpool	2	Flat
£850	12/24	0.09 mi	-	2	Flat
£875	06/24	0.09 mi	Conway Street, Liverpool, Merseyside, L5	2	Flat
£750	12/24	0.21 mi	-	2	Flat
£800	05/24	0.25 mi	-	2	Flat
£800	05/24	0.25 mi	Stanza Court, Liverpool, L5	2	Flat
£1,250	01/25	0.29 mi	-	2	Semi-Detached House
£725	11/21	0.33 mi	Netherfield Road South, Liverpool, Merseyside, L5	2	Flat
£1,100	12/24	0.33 mi	-	2	Flat
£850	05/24	0.33 mi	-	2	Flat
£750	03/24	0.34 mi	Netherfield Road South, Liverpool, Merseyside, L5	2	Flat
£1,100	05/24	0.35 mi	Great Homer Street, Liverpool, Merseyside, L5	2	Flat
£725	01/25	0.36 mi	-	2	Flat
£595	06/24	0.37 mi	Stanley Road, Liverpool, Merseyside, L5	2	Flat
£850	04/24	0.37 mi	Silvester Street, Liverpool, L5	2	Terraced House
£800	05/24	0.38 mi	Silvester Street, Liverpool, Merseyside, L5	2	Terraced House
£800	06/24	0.38 mi	Silvester Street, Liverpool, Merseyside, L5	2	Terraced House
£800	12/24	0.44 mi	-	2	Flat
£1,100	12/24	0.44 mi	-	2	Flat
£2,000	01/24	0.46 mi	-	2	Semi-Detached House
£1,700	12/24	0.46 mi	-	2	Semi-Detached House
£1,700	12/24	0.46 mi	-	2	Semi-Detached House
£795	12/24	0.48 mi	-	2	Flat
£800	01/25	0.48 mi	-	2	Flat
£875	04/24	0.49 mi	Crompton Court	2	Flat
£650	05/24	0.49 mi	Dobson Street, Liverpool	2	Flat
£895	01/25	0.5 mi	-	2	Semi-Detached House
£700	12/24	0.5 mi	Burroughs Gardens, Kingsway Court, L3	2	Flat
£795	04/24	0.51 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£750	12/24	0.51 mi	Kingsway Court, Liverpool	2	Flat
£750	12/24	0.51 mi	-	2	Flat
£800	02/24	0.51 mi	-	2	Flat
£750	12/24	0.51 mi	-	2	Flat
£950	05/24	0.52 mi	Herriot Street, Liverpool, Merseyside, L5	2	Flat
£950	06/24	0.52 mi	Herriot Street, Liverpool, Merseyside, L5	2	Flat
£1,000	12/24	0.52 mi	Herriot Street, Liverpool, Merseyside, L5	2	Flat
£800	12/24	0.52 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£825	12/24	0.52 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£795	12/24	0.52 mi	Burroughs Gardens, Liverpool, Merseyside, L3	2	Flat
£850	05/24	0.55 mi	Kearsley Street L4	2	House
£725	12/24	0.57 mi	-	2	Flat
£2,500	02/25	0.57 mi	-	2	Flat

Local Area Statistics

Population in L5	12,86512,865
Population in Liverpool	675,519675,519
Town centre distance	2.48 miles away2.48 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.81 miles away0.81 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+56%+56%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+16%+16%

Property History

Listed for £85,000

November 6, 2024

Floor Plans

Description

7th Floor 2 Bedroom Apartment +
Balcony with Panoramic Views over City Centre +
Allocated Parking +
Open Plan Kitchen & Living Space +
Ideal for Investors at 11% Gross Yield & First Time Buyers +
Conveniently Located for City Centre & Local Amenities +

Marshall Property are pleased to bring to the market this ideally located 2 bedroom apartment on Conway Street, L5. Just over a mile from Liverpool City Centre, this apartment is perfect for a range of buyers, whether you work in the city or are seeking a rental investment. This 7th-floor apartment offers stunning views over Everton Park and Liverpool City Centre and will be offered with vacant possession.

Accessed through well-maintained and secure communal areas with both lift and stair access, the apartment features a spacious entrance hall with a storage cupboard, leading into a bright, open-plan kitchen, dining, and living area. Expansive windows and French doors flood the space with natural light and open onto a generous balcony ideal for entertaining or enjoying the impressive views. The kitchen is well-equipped with an electric hob, oven, integrated fridge-freezer, and dishwasher.

There are two additional bedrooms and a spacious three-piece bathroom. Additional benefits include double glazing, secure intercom entry, an allocated parking space, and visitor parking. Don`t miss your chance to view this exceptional property through Marshall Property!

Notice
marshallets limited endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of any offer or contract and are not to be relied upon as statements of representation or fact. Any 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 measurements have been taken as a guide to prospective renters only, and are not precise. If you require clarification or further information on any points, please contact us.

Agent Details

Marshall Property, Liverpool

0151 453 2312

Next Steps?

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

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