2 Bed Terraced House, Single Let, Liverpool, L15 8HR, £120,000

Albert Grove, Wavertree, Liverpool, Merseyside, L15 8HR - 6 views - 5 months ago

Sold STC
BTL
ROI: 7%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£50K - £257.5K
Sold Prices/m²£769/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£101,126

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£650 - £1,300

Rent Estimate

£750

Running Costs/mo

£545

Cashflow/mo

£205

Cashflow/yr

£2,460

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £50K to £257.5K, average is £102.5K. £769/m² to £3.7K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£93K01/210 mi4, Albert Grove, Wavertree, Liverpool, Merseyside L15 8HR2
£111.1K02/210.02 mi19, Frederick Grove, Liverpool, Merseyside L15 8HW2
£185K04/230.15 mi9, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£210K09/210.15 mi11, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£184.2K05/210.15 mi13, Prince Alfred Road, Liverpool, Merseyside L15 8HH2
£120K02/210.25 mi57, Davenham Court, Liverpool, Merseyside L15 8GD2
£167K10/220.25 mi42, Hollins Close, Liverpool, Merseyside L15 8AN2
£161K06/210.32 mi17, Sherwell Close, Liverpool, Merseyside L15 8NB2
£165K06/210.32 mi8, Sherwell Close, Liverpool, Merseyside L15 8NB2
£95K11/200.34 mi49, Long Lane, Wavertree, Liverpool, Merseyside L15 4HE2
£125K05/230.34 mi36, Mindale Road, Wavertree, Liverpool, Merseyside L15 4HP2
£92K11/200.34 mi5, Mindale Road, Wavertree, Liverpool, Merseyside L15 4HP2
£92.5K10/200.34 mi43, Mindale Road, Wavertree, Liverpool, Merseyside L15 4HP2
£67K12/200.35 mi51, Sunningdale Road, Liverpool, Merseyside L15 4HJ2
£130K10/210.36 mi42, Rathbone Road, Wavertree, Liverpool, Merseyside L15 4HQ2
£170K07/220.37 mi53, Sandown Road, Wavertree, Liverpool, Merseyside L15 4JA2
£105K06/230.4 mi68, Stevenson Street, Liverpool, Merseyside L15 4HB2
£95K04/210.4 mi28, Stevenson Street, Wavertree, Liverpool, Merseyside L15 4HB2
£105K05/230.4 mi48, Stevenson Street, Liverpool, Merseyside L15 4HB2
£123K12/220.41 mi59, Stevenson Street, Liverpool, Merseyside L15 4HA2
£73K05/210.45 mi22, Goswell Street, Liverpool, Merseyside L15 4JU2
£85K02/230.46 mi5, Colville Street, Wavertree, Liverpool, Merseyside L15 4JX2
£82.5K09/210.47 mi12, Somerton Street, Liverpool, Merseyside L15 4NF2
£72.5K11/200.47 mi19, Somerton Street, Liverpool, Merseyside L15 4NF2
£63K02/210.48 mi6, Fairbank Street, Liverpool, Merseyside L15 4JQ2
£65K02/210.48 mi14, Fairbank Street, Liverpool, Merseyside L15 4JQ2
£79K01/230.48 mi27, Olton Street, Liverpool, Merseyside L15 4NE2
£95.5K10/210.49 mi6, Bisley Street, Liverpool, Merseyside L15 4JP2
£138K07/230.52 mi58, Tiverton Street, Wavertree, Liverpool, Merseyside L15 4LS2
£215K12/200.53 mi7, Nook Rise, Liverpool, Merseyside L15 7JB2
£203K03/210.53 mi23, Nook Rise, Liverpool, Merseyside L15 7JB2
£210K07/210.53 mi44, Nook Rise, Liverpool, Merseyside L15 7JB2
£195K03/210.53 mi11, Nook Rise, Liverpool, Merseyside L15 7JB2
£240K04/210.53 mi27, Nook Rise, Liverpool, Merseyside L15 7JB2
£222K12/220.53 mi5, Nook Rise, Liverpool, Merseyside L15 7JB2
£257.5K10/220.54 mi23, Nook Rise, Liverpool, Merseyside L15 7JB2
£122K09/210.56 mi5, Mystery Close, Liverpool, Merseyside L15 0AB2
£200K09/210.57 mi8, Truro Road, Liverpool, Merseyside L15 9HW2
£70K10/210.58 mi83, Strathcona Road, Liverpool, Merseyside L15 1EB2
£63K11/200.58 mi8, Plumer Street, Liverpool, Merseyside L15 1EE2
£75K03/230.59 mi42, Strathcona Road, Liverpool, Merseyside L15 1ED2
£60K11/200.59 mi34, Strathcona Road, Liverpool, Merseyside L15 1ED2
£75K07/210.59 mi34, Sapphire Street, Liverpool, Merseyside L13 1DJ2
£100K10/210.6 mi274, Binns Road, Liverpool, Merseyside L13 1BS2
£76K03/230.61 mi51, Macdonald Street, Liverpool, Merseyside L15 1EJ2
£85K02/210.63 mi10, Macdonald Street, Liverpool, Merseyside L15 1EL2
£65K05/210.63 mi110, Methuen Street, Liverpool, Merseyside L15 1EQ2
£117K05/230.63 mi153, Grosvenor Road, Wavertree, Liverpool, Merseyside L15 0EZ2
£50K04/230.63 mi28, Oceanic Road, Liverpool, Merseyside L13 1BP2
£73K12/200.63 mi6, Oceanic Road, Liverpool, Merseyside L13 1BP2

Local Rents

50 rents from £650/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£99504/250.02 mi-2
£85009/240.02 mi-2
£1,30005/240.09 miGrove Manor, L15 8HS ***AVAILABLE WITH ZERO DEPOSIT***2
£87502/240.11 mi-2
£65005/240.12 miWaterloo Street, L15 8JW, 2
£1,20004/240.15 miChurch Road, Liverpool, Merseyside, L152
£95011/230.16 mi-2
£75010/230.16 mi-2
£95001/250.18 mi-2
£70006/240.21 miSandown Lane, Liverpool2
£85002/240.23 mi-2
£80004/240.23 mi-2
£80003/250.23 mi-2
£82504/250.24 mi-2
£67505/240.25 miOlive Mount Road, Liverpool2
£80002/250.26 mi-2
£89012/240.28 mi-2
£75005/240.3 miSandown Road, Wavertree, L152
£70005/240.36 miSandown Road, Wavertree L152
£80002/240.37 mi-2
£75005/240.38 miPicton Road, Wavertree2
£65004/240.42 miPicton Road, Wavertree, Liverpool L15 4LF2
£72505/240.42 miRushbury Court, Liverpool2
£75004/240.42 mi-2
£80012/240.42 mi-2
£70004/240.44 miGoswell Street, L152
£95005/240.45 miGoswell Street, Liverpool2
£1,30005/240.45 miGoswell Street, Liverpool, Merseyside, L152
£70005/240.45 miGoswell Street, Wavertree, Liverpool, L15 2
£1,10005/240.45 miGoswell Street, Liverpool, Merseyside, L152
£85001/250.46 mi-2
£80004/250.46 mi-2
£67506/240.46 miColville Street, Liverpool, Merseyside, L152
£75005/240.46 miOlton Street, Liverpool, Merseyside, L152
£72504/240.47 miSomerton Street, Wavetree2
£97508/240.47 mi-2
£72504/240.48 miFairbank Street, Wavertree, Liverpool, L152
£80003/240.48 miColinton Street, Wavertree, L152
£79503/240.48 miOlton Street,Edge Hill,Liverpool,L152
£79505/240.48 miOlton Street, Liverpool, Merseyside, L152
£70004/240.48 mi-2
£1,10003/250.5 mi-2
£1,25004/250.5 mi-2
£1,10005/240.5 mi-2
£1,10005/240.5 miLichfield Road, Wavertree, Liverpool, L152
£65005/240.5 mi-2
£82504/250.55 mi-2
£70007/240.55 mi-2
£72505/240.55 miStrathcona Road, LIVERPOOL2
£79504/250.55 mi-2

Local Area Statistics

Population in L15

30,017

Population in Liverpool

675,519

Town centre distance

4.79 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £120,000

November 14, 2024

Floor Plans

Description

Situated within the vibrant and diverse community of L15, this meticulously maintained property presents a unique opportunity for investors. Offering an ideal blend of location, functionality, and income potential, this property is a promising addition to your investment portfolio. This property is fully rented out with two tenants, generating an annual income of £9000 P/A.
Situated in the heart of L15, this property benefits from excellent proximity to local amenities, transport links, and the cultural richness of the area. You'll find yourself just moments away from shops, restaurants, parks, and the lively pulse of Liverpool.

With two generous bedrooms this property can accommodate multiple tenants, ensuring a consistent rental income stream. The property has been tastefully updated to meet the demands of modern living. The kitchen is well-equipped with contemporary appliances, and communal spaces are inviting and functional.
L15 is a popular location for renters, Whether you are an experienced investor or a first-time buyer looking to enter the property market, this property offers a strong investment opportunity with a history of consistent rental income. Excellent transport links to the city centre and beyond make this property attractive to tenants who rely on public transportation. The property is within easy reach of local shops, schools, healthcare facilities, and recreational areas, making it a convenient and desirable choice for prospective tenants.
Don't miss out on the chance to own this property in the heart of L15. Whether you're a seasoned investor or a first-time buyer looking to start your property investment journey, this versatile property offers a promising avenue to secure a steady rental income in a thriving neighbourhood. Contact us today to arrange a viewing and discover the full potential of this investment opportunity.

Agent Details

Entwistle Green, Allerton

0151 453 3741

Next Steps?

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