2 Bed Flat, Single Let, Liverpool, L19 2LX, £40,000

Embassy Building, 1 Wellington Street, Garston, Liverpool, L19 2LX - 5 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 25%
~61 m²
+9 photos

ValuationUndervalued

Sold Prices£60K - £136K
Sold Prices/m²£1K/m² - £2.1K/m²

 

 

Square Metres

~61.09 m²
Price/m²£655/m²

Value Estimate

£50,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£10,000

Stamp Duty & Legal Fees

£3,200

Total Cash In

£13,200

 

 

Cash Out

 

Rent Range

£528 - £1,000

Rent Estimate

£528

Running Costs/mo

£251

Cashflow/mo

£277

Cashflow/yr

£3,329

ROI

25%

Gross Yield

16%

Local Sold Prices

26 sold prices from £60K to £136K, average is £90.5K. £1K/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£103K11/220.03 mi50, Heald Street, Liverpool, Merseyside L19 2LY2
£60K01/230.04 mi40, Heald Street, Liverpool, Merseyside L19 2LY2
£85K05/230.04 mi24, Heald Street, Liverpool, Merseyside L19 2LY2
£107K02/230.04 mi18, Heald Street, Liverpool, Merseyside L19 2LY2
£78K03/210.18 mi39, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£77.5K01/210.18 mi14, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£85K07/220.18 mi61, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£114K03/230.18 mi2, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£83K02/230.19 mi96, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£102K11/200.2 mi140, St Marys Road, Garston, Liverpool, Merseyside L19 2JJ2
£84K08/220.2 mi65, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JP2
£63.5K11/200.21 mi116, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£78K05/230.21 mi113, Lowbridge Court, Garston, Liverpool, Merseyside L19 2JT2
£95K09/210.52 mi118, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH2
£85K02/210.52 mi138, Woolton Road, Allerton, Liverpool, Merseyside L19 5NH2
£90K03/210.6 mi12a, Ramsey Close, Liverpool, Merseyside L19 4XH2
£131K08/220.67 mi1b, Danefield Terrace, Liverpool, Merseyside L19 4TH2
£136K10/220.71 mi39, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£125K01/230.71 mi26, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£119K10/210.71 mi16, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£117K06/210.71 mi32, Knightswood Court, Mossley Hill, Liverpool, Merseyside L18 9RA2
£105K10/220.72 mi49, Bravery Court, Liverpool, Merseyside L19 2QY2
£85K12/200.73 mi7, Grassendale Court, Liverpool, Merseyside L19 0NJ2
£73.5K01/210.73 mi11, Grassendale Court, Liverpool, Merseyside L19 0NJ2
£117K11/220.73 mi43, Bravery Court, Liverpool, Merseyside L19 2QY2
£91K04/210.74 mi4, Bravery Court, Liverpool, Merseyside L19 2QY2

Local Rents

39 rents from £528/mo to £1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£52804/240.07 miWoolton Road, Liverpool, Merseyside, L192
£52805/240.07 miWoolton Road, Liverpool, Merseyside, L192
£70004/240.08 miJackson Street 2
£70005/240.08 mi2 Jackson Street, Apartment 142
£72504/240.1 mi2a Clifton Street, Liverpool, Lancashire, L192
£65005/240.11 miSt. Marys Road, Liverpool, Merseyside, L192
£72505/240.11 miRussell Road, Garston2
£69510/230.12 miSt. Marys Road, Liverpool, Merseyside, L192
£67501/250.14 mi-2
£82505/240.14 miCarlett View, Liverpool2
£85005/240.15 miArgyle Road, Liverpool, L192
£85012/240.15 miEarp Street, L192
£1,00001/250.17 mi-2
£90004/240.17 miCarlett View, L19 2NP2
£90005/240.17 miCarlett View, Garston, L19 2NP2
£85004/240.19 mi-2
£89505/240.19 miLowbridge Court, Garston, Liverpool, L192
£89505/240.19 miLowbridge Court, Garston, Liverpool, L192
£89505/240.19 miLowbridge Court, Garston, Liverpool, L192
£89505/240.19 miLowbridge Court, Garston, Liverpool, L192
£89505/240.19 miLowbridge Court, Garston, Liverpool, L192
£89506/240.19 miLowbridge Court, Garston, Liverpool, L192
£89504/240.19 mi-2
£89506/240.19 mi-2
£75005/240.19 miLowbridge2
£80012/240.19 mi-2
£85012/240.19 mi-2
£75005/240.2 miIsland road L192
£80004/240.21 mi-2
£80004/240.21 miLowbridge Court, Garston, Liverpool, L192
£85003/250.21 mi-2
£77504/240.28 miSt. Marys Road, Liverpool, Merseyside, L192
£92504/240.28 miEbrington Street, Liverpool, Merseyside, L19 1QT2
£89504/240.33 miBellmore Street, L192
£82504/240.33 mi-2
£85012/240.33 mi-2
£89511/240.33 mi-2
£80010/230.33 miBelper Street, Garston, L192
£80005/240.41 mi-2

Local Area Statistics

Population in L19

23,769

Population in Liverpool

675,519

Town centre distance

7.87 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Price changed to £40,000

February 20, 2025

Listed for £50,000

November 18, 2024

Floor Plans

Description

  • Immediate exchange of contracts available +
  • Sold via Secure Sale +
  • Ground Floor Two Bedroom Apartment +
  • Open Plan Kitchen/Living/Dining +
  • Electric Heaters +
  • Allocated Parking +
  • Close to Local Amenities +
  • Great Transport Links +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £40,000 Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services. Property Description Belvoir Liverpool South are excited to bring to the market this Two bedroom ground floor apartment in the popular L19, Garston. The property comprises of an entrance hall from the communal entrance, an open plan living dining and kitchen area with fitted units, electric oven, ceramic hob and extractor plus space for a washing machine, fridge/freezer and dishwasher or dryer plus high ceilings and large windows. Two spacious double bedrooms and bathroom with a three piece modern bathroom suite. The development also offers allocated parking. This property is ideally situated near St Marys Road, Garston. Residents can enjoy a wide range of retail stores, supermarkets, and specialty shops, ensuring all essentials are just a short walk or drive away. With access to South Parkway Train Station, multiple bus routes, or easy access to Aigburth or Speke Road, commuting is a breeze. Outdoor enthusiasts will love the proximity to Garston Park and Calderstones Park. Lease Years Remaining: 116Current ground rent: £402 Per Year EPC rating: D. Tenure: Leasehold,

Agent Details

Belvoir Sales, Liverpool

0151 453 8131

Next Steps?

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