2 Bed Flat, Single Let, Liverpool, L3 4AB, £375,000

The Colonnades, Albert Dock, Liverpool, Merseyside, L3 4AB - 5 months ago

Leasehold
BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£92.5K - £315K
Sold Prices/m²£968/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£173,494

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£900 - £1,750

Rent Estimate

£875

Running Costs/mo

£1,367

Cashflow/mo

£-492

Cashflow/yr

£-5,902

Gross Yield

3%

Local Sold Prices

50 sold prices from £92.5K to £315K, average is £170.3K. £968/m² to £3.4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£315K11/230.31 miEast Quay, Flat 48, Wapping Quay, Liverpool, Merseyside L3 4BU2
£260K12/200.31 miFlat 11, North Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£275K10/200.31 miFlat 38, East Quay, Wapping Dock, Liverpool, Merseyside L3 4BU2
£285K04/240.31 miEast Quay, Flat 33, Wapping Quay, Liverpool, Merseyside L3 4BU2
£170K07/210.68 mi21, Coburg Wharf, Liverpool, Merseyside L3 4EB2
£195K02/210.69 mi18, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£101K12/200.69 mi31, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£131K11/210.69 mi19, Dukes Terrace, Liverpool, Merseyside L1 4JS2
£150K09/230.73 mi8, The Anchorage, Liverpool, Merseyside L3 4DR2
£187.5K08/230.73 mi46, The Anchorage, Liverpool, Merseyside L3 4DR2
£120K02/210.73 mi26, The Anchorage, Liverpool, Merseyside L3 4DR2
£113K03/230.75 mi37, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£150.5K01/230.75 mi10, Arch View Crescent, Liverpool, Merseyside L1 7BA2
£184K03/230.78 mi176, Quebec Quay, Liverpool, Merseyside L3 4ES2
£180K06/210.78 mi151, Quebec Quay, Liverpool, Merseyside L3 4ES2
£177K12/200.78 mi158, Quebec Quay, Liverpool, Merseyside L3 4ES2
£300K03/210.78 mi173, Quebec Quay, Liverpool, Merseyside L3 4ES2
£185K08/210.78 mi169, Quebec Quay, Liverpool, Merseyside L3 4ES2
£183K09/210.78 mi170, Quebec Quay, Liverpool, Merseyside L3 4ES2
£155K09/230.79 mi109, Benson Street, Liverpool, Merseyside L1 2SS2
£210K12/200.79 mi90, Quebec Quay, Liverpool, Merseyside L3 4ER2
£185K07/210.79 mi79, Quebec Quay, Liverpool, Merseyside L3 4ER2
£132.5K03/220.81 mi68, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£165K11/200.82 mi31, Quebec Quay, Liverpool, Merseyside L3 4EP2
£163K11/200.82 mi21, Quebec Quay, Liverpool, Merseyside L3 4EP2
£172K10/200.82 mi7, Quebec Quay, Liverpool, Merseyside L3 4EP2
£170K02/210.82 mi15, Quebec Quay, Liverpool, Merseyside L3 4EP2
£180K11/200.82 mi12, Quebec Quay, Liverpool, Merseyside L3 4EP2
£179K09/230.82 mi30, Quebec Quay, Liverpool, Merseyside L3 4EP2
£150K05/230.82 mi65, The Anchorage, Liverpool, Merseyside L3 4DX2
£175K09/230.82 mi91, The Anchorage, Liverpool, Merseyside L3 4DX2
£202K08/210.83 mi167, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£214K04/240.83 mi127, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£243K02/240.83 mi85, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£203K09/230.83 mi111, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£200K10/210.83 mi129, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£100K08/210.87 mi98, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£122.5K08/210.87 mi95, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£170.5K05/210.87 mi80, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£122.5K08/210.87 mi95, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£129K03/220.87 mi84, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£115K09/220.89 mi28, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£117K12/220.89 mi99, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£170K07/230.91 mi214, South Ferry Quay, Liverpool, Merseyside L3 4EH2
£121K02/230.91 mi64, Priory Wharf, Birkenhead, Merseyside CH41 5LD2
£175K05/230.91 mi284, South Ferry Quay, Liverpool, Merseyside L3 4EJ2
£95K06/230.91 mi24, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£92.5K01/210.91 mi23, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£111K03/230.91 mi25, Priory Wharf, Birkenhead, Merseyside CH41 5LB2
£118.5K01/210.93 mi8a, Upper Parliament Street, Liverpool, Merseyside L8 1TE2

Local Rents

50 rents from £900/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25004/240.22 miMann Island, Liverpool, L32
£1,25012/240.22 miMann Island, Liverpool, L32
£1,25012/240.22 mi-2
£95012/240.22 mi-2
£1,20012/240.22 mi-2
£1,25004/240.23 mi-2
£95003/250.23 mi-2
£1,20012/240.23 mi-2
£1,30012/240.23 mi-2
£1,20012/240.23 mi-2
£1,20012/240.23 mi-2
£1,25002/250.23 mi-2
£1,30003/250.23 mi-2
£1,25003/250.23 mi-2
£1,60003/250.23 mi-2
£1,25004/250.23 mi-2
£1,10004/250.23 mi-2
£99504/250.23 mi-2
£1,20004/240.23 miMann Island, Liverpool, L32
£1,20003/240.23 miMann Island, Liverpool, L32
£1,30012/240.23 miMann Island, Liverpool, L32
£1,10004/240.23 miMann Island, Liverpool, Merseyside, L32
£99502/240.23 mi-2
£94504/240.23 mi-2
£1,10004/250.23 mi-2
£94504/240.23 miRoyal Quay, Liverpool, L32
£90012/240.23 mi6 Royal Quay, Liverpool2
£95012/240.23 miRoyal Quay, Wapping2
£1,40003/250.24 mi-2
£1,25012/240.24 mi15 Mann Island, Liverpool2
£1,30012/240.24 miMann Island, Liverpool2
£1,40012/240.24 miMann Island, Liverpool2
£1,30012/240.24 mi-2
£1,20012/240.24 mi-2
£1,30012/240.24 mi-2
£1,30012/240.24 mi-2
£1,50004/250.24 mi-2
£1,20012/240.24 miMann Island, Liverpool, L32
£1,30012/240.24 miMann Island, Liverpool, L32
£1,10004/250.24 mi-2
£1,25003/250.24 mi-2
£1,20003/250.24 mi-2
£1,00012/240.24 mi-2
£1,15012/240.24 mi-2
£1,25005/240.24 miStrand Street Liverpool L12
£1,30005/240.24 miOne Park West, L12
£1,75003/240.25 miKenyons Steps, One Park West2
£1,50006/240.25 miOne Park West, Strand Street, Liverpool2
£1,30006/240.25 miOne Park West, The Strand2
£1,20012/240.25 mi-2

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

4.13 miles away

Nearest school

0.50 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+67%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £375,000

November 8, 2024

Floor Plans

Description

  • No Onward Chain +
  • Grade I Listed +
  • Expansive Open-Plan Living +
  • Separate Storage Room +
  • Allocated Parking Space +

No Onward Chain - Grade I Listed

A rare opportunity to purchase this stunning Dock views apartment with private balcony, allocated parking & separate storage room.

The Colonnades offers the most secure and safe spot in the city and is within walking distance of excellent restaurants, L1 shopping centre and the much coveted Liverpool Waterfront.

The property offers a modern living at its finest with a fully fitted kitchen, modern shower room and four piece, en-suite with. The expansive living and dining space offers views over the The Albert Dock as do both bedrooms with the secondary providing access to a private balcony.

The property provides secure underground allocated parking which is situated close to the lift along with the apartment being easily accessed via the lift from all floors.

Council Tax band - E
EPC Grade - Exempt (Grade Listed Building)

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.

LIV240234/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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