2 Bed Flat, Cash/Bridging Only, Bootle, L20 3TB, £35,000

31 Trinity Road, Bootle, L20, L20 3TB - 5 months ago

Under Offer
Leasehold
Auction
BTL
31 m²
+2 photos

ValuationOvervalued

Sold Prices£37K - £116.1K
Sold Prices/m²£352/m² - £56.7K/m²

 

 

Square Metres

31 m²
Price/m²£1.1K/m²

Value Estimate

£34,244

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£8,750

Stamp Duty & Legal Fees

£2,950

Total Cash In

£11,700

 

 

Cash Out

 

Rent Range

£550 - £1,300

Rent Estimate

£0

Running Costs/mo

£129

Cashflow/mo

£-129

Cashflow/yr

£-1,552

Local Sold Prices

50 sold prices from £37K to £116.1K, average is £76K. £352/m² to £56.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£91.5K06/220.14 mi75, Trinity Road, Bootle, Merseyside L20 7BD2
£98K05/220.14 mi49, Trinity Road, Bootle, Merseyside L20 7BD2
£99K02/220.14 mi71, Trinity Road, Bootle, Merseyside L20 7BD2
£66.9K11/200.26 miFlat 20, Merton Towers, Merton Road, Bootle, Merseyside L20 3BG2
£90K03/230.29 mi18, Jersey Close, Bootle, Merseyside L20 4BL2
£72.3K07/230.29 mi14, Jersey Close, Bootle, Merseyside L20 4BL2
£78K01/220.3 mi15, Jersey Close, Bootle, Merseyside L20 4BL2
£57K11/220.46 mi4, Rosalind Way, Liverpool, Merseyside L20 2HU2
£86K03/220.46 mi50, Hero Street, Bootle, Merseyside L20 2HA2
£67.5K11/220.61 mi19, Bushley Close, Bootle, Merseyside L20 4UZ2
£75K01/220.61 mi25, Bushley Close, Bootle, Merseyside L20 4UZ2
£72K07/220.62 mi14, Bromyard Close, Bootle, Merseyside L20 4UY2
£60K04/220.91 mi74, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£55K01/210.91 mi28, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£50K10/221.15 mi32, Church Road, Walton, Liverpool, Merseyside L4 5TX2
£45K05/211.15 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£70K05/231.15 mi14, Longfield Road, Liverpool, Merseyside L21 8LB2
£77K08/231.15 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£70K01/231.15 mi4, Longfield Road, Liverpool, Merseyside L21 8LB2
£67K10/221.15 mi2, Lester Close, Liverpool, Merseyside L4 4QH2
£62.2K02/211.15 mi5, Lester Close, Liverpool, Merseyside L4 4QH2
£68K02/211.17 mi6, Carden Close, Liverpool, Merseyside L4 4QL2
£58.5K11/211.17 mi12, May Close, Liverpool, Merseyside L21 8JX2
£64K08/231.21 mi29, Violet Road, Liverpool, Merseyside L21 6NY2
£52K10/201.21 mi31, Violet Road, Liverpool, Merseyside L21 6NY2
£85K06/211.21 mi32, Heathfield Drive, Bootle, Merseyside L20 6GE2
£82K08/211.27 mi9, Globe Street, Liverpool, Merseyside L4 4HE2
£90K08/221.27 mi9, Globe Street, Liverpool, Merseyside L4 4HE2
£68K09/221.32 mi51, Mark Street, Liverpool, Merseyside L5 0RF2
£81K02/211.42 mi35, Taylforth Close, Liverpool, Merseyside L9 2DP2
£87K10/211.44 mi32, Taylforth Close, Liverpool, Merseyside L9 2DP2
£85K11/211.44 mi24, Taylforth Close, Liverpool, Merseyside L9 2DP2
£65K08/211.44 mi42, Taylforth Close, Liverpool, Merseyside L9 2DP2
£78K10/231.44 mi57, Taylforth Close, Liverpool, Merseyside L9 2DP2
£83K10/231.44 mi49, Taylforth Close, Liverpool, Merseyside L9 2DP2
£88K01/221.44 mi79, Taylforth Close, Liverpool, Merseyside L9 2DP2
£74K07/221.44 mi63, Taylforth Close, Liverpool, Merseyside L9 2DP2
£95K06/221.49 mi9, Farmer Place, Bootle, Merseyside L20 6HP2
£92K07/211.68 mi6, Gem Street, Liverpool, Merseyside L5 2AT2
£80K12/221.77 mi191, Conway Street, Liverpool, Merseyside L5 3BB2
£93K06/221.77 mi181, Conway Street, Liverpool, Merseyside L5 3BB2
£92.5K10/221.77 mi243, Conway Street, Liverpool, Merseyside L5 3BB2
£95K06/231.77 mi99, Conway Street, Liverpool, Merseyside L5 3BA2
£92.5K09/221.77 mi19, Conway Street, Liverpool, Merseyside L5 3BA2
£95K12/201.78 mi259, Conway Street, Liverpool, Merseyside L5 3BB2
£45K09/211.78 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£45K09/211.78 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£116.1K07/221.78 mi62, Chapel Gardens, Liverpool, Merseyside L5 5BE2
£37K05/221.78 mi75, James Dunne Avenue, Liverpool, Merseyside L5 8SA2
£70K02/211.79 mi28, Atlantic Way, Bootle, Merseyside L30 9TB2

Local Rents

48 rents from £550/mo to £1.3K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£59502/240.01 mi-2
£59504/240.01 mi-2
£61501/250.01 mi-2
£68012/240.01 mi-2
£77512/240.01 mi-2
£62512/240.01 mi-2
£65003/250.01 mi-2
£65005/240.02 miDaniel House, Trinity Road, Bootle, Merseyside, L202
£72501/250.27 mi-2
£60004/240.28 miStanley Road, Bootle, Merseyside. L202
£66305/240.3 miWadham Road, Bootle, Merseyside, L202
£72505/240.3 miWishing Well, Carriage Grove, Bootle2
£70004/240.31 miCarriage Grove, Bootle2
£75005/240.31 miCarriage Grove, Bootle2
£78005/240.31 miCarriage Grove, Bootle2
£78005/240.31 miCarriage Grove, Bootle2
£95012/240.31 mi-2
£67505/240.31 mi-2
£1,30004/240.32 mi-2
£75005/240.32 miCarriage Grove, Bootle2
£60004/240.32 miBank Road, Bootle, L20 4AU2
£55005/240.32 miBank Road, Bootle, L20 4AU2
£65004/240.36 miFlat 3 Mainland House, 395 Stanley Road, Bootle, Liverpool, L202
£60005/240.36 miBedford Road, Bootle, Merseyside, L202
£75005/240.38 miBenedict Street, Bootle, L20 2EJ2
£72504/240.39 mi-2
£72506/240.39 mi-2
£75012/240.39 mi-2
£79502/250.39 mi-2
£72505/240.39 miBianca Street, Bootle, L202
£72505/240.39 miBianca Street, Bootle, L202
£80012/240.4 mi-2
£75001/250.41 mi-2
£70004/250.43 mi-2
£72504/240.43 miBeech Street, Bootle, Merseyside, L202
£67504/250.43 mi-2
£75004/240.43 miCedar Street, Bootle, Merseyside, L202
£75012/240.44 mi-2
£78012/240.44 mi-2
£95012/240.44 mi-2
£75004/250.45 mi-2
£75005/240.45 mi23 Ash Street, Bootle, L20 3EY2
£65005/240.46 miHero Street, Bootle2
£65006/240.49 mi-2
£55012/240.5 mi-2
£55005/240.5 miAntonio Street, Liverpool, L202
£55005/240.5 mi-2
£59504/240.59 miManor Close, Bootle2

Local Area Statistics

Population in L20

31,316

Population in Bootle

51,353

Town centre distance

1.29 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £35,000

November 15, 2024

Floor Plans

Description

  • Being Sold By GOTO Online Auction +
  • Buy-It-Now Option Available +
  • Buyer’S Fees Apply +
  • Two Bedrooms +
  • Apartment +
  • Two Bathrooms +
  • One Reception +
  • Double Glazed +
  • No Chain +

The Property
Set in a purpose built development, this fantastic two bedroom apartment offers excellent living space, perfect for first time buyer's, investors or somebody wanting to downsize.

Accommodation highlights include entrance hallway, a lounge, a quality modern fitted kitchen area with ample work space and integrated appliances, two bright and airy bedrooms both with en-suite shower rooms.

Property based on the 3rd floor with lift access

The property benefits from being close to local amenities and excellent transport links being ideally situated with great links to Liverpool, Manchester and beyond.

Viewing is essential to appreciate the standard of the accommodation on offer.

Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Tenure
The property is leasehold with a term of 250 years from 1 February 2016.

The annual service charge is: £767.68 quarterly.
The annual ground rent is: £200.00

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £35,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.

General Information
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees
• Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market.
• Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property ownership information

Ground rent review period: Every 2 years

Service charge review period: Every 2 years

Lease end date: 31/01/2266

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Liverpool

020 3907 2647

Next Steps?

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