2 Bed Flat, Single Let, Prescot, L34 5PJ, £75,000

88 Bridgefield Court, Bridge Road, Prescot, L34 5PJ - 1 views - 5 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 12%
62 m²
+2 photos

ValuationOvervalued

Sold Prices£50K - £155K
Sold Prices/m²£533/m² - £2.1K/m²

 

 

Square Metres

62 m²
Price/m²£1.2K/m²

Value Estimate

£71,979

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£550 - £1,200

Rent Estimate

£606

Running Costs/mo

£376

Cashflow/mo

£230

Cashflow/yr

£2,765

ROI

12%

Gross Yield

10%

Local Sold Prices

25 sold prices from £50K to £155K, average is £75K. £533/m² to £2.1K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£155K03/210.19 mi21, Speakman Way, Prescot, Merseyside L34 5ND2
£65K08/220.23 mi121, Beaconsfield, Prescot, Merseyside L34 5PF2
£84.8K03/230.23 mi5, Hunter Court, Prescot, Merseyside L34 2UH2
£84.8K08/220.24 mi17, Hunter Court, Prescot, Merseyside L34 2UH2
£57K02/210.3 mi90, Beaconsfield, Prescot, Merseyside L34 5PE2
£72.5K05/230.33 mi22, Meribel Square, Prescot, Merseyside L34 5TH2
£77.5K11/230.33 mi2, Meribel Square, Prescot, Merseyside L34 5TH2
£85K10/200.35 mi31, Steward Court, Prescot, Merseyside L35 5HE2
£82.5K10/210.36 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£82.5K10/210.36 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£50K03/210.36 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£65K02/220.36 miApartment 27, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£73.5K01/240.36 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£75K11/230.36 miBrookside Court, Apartment 20, Shaw Lane, Prescot, Merseyside L35 5AE2
£90K09/210.39 mi3, Grosvenor Court, Prescot, Merseyside L34 6NF2
£72K10/210.43 mi33, Hughes Avenue, Prescot, Merseyside L35 5EH2
£53K05/220.45 mi65, Brook Street, Whiston, Prescot, Merseyside L35 5AP2
£100K06/210.46 miFlat 6, Alexander House, Rio Court, Prescot, Merseyside L34 6NE2
£75K11/220.53 mi48, Hughes Avenue, Prescot, Merseyside L35 5EP2
£63.5K08/210.53 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£70K07/230.53 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£93K12/200.6 mi26, Egerton Road, Prescot, Merseyside L34 3LT2
£71.5K03/220.75 mi15a, Scott Avenue, Whiston, Prescot, Merseyside L35 2XT2
£117.5K06/230.77 mi28, Portico Court, Prescot, Merseyside L35 7LP2
£90K03/220.77 mi5, Portico Court, Prescot, Merseyside L35 7LP2

Local Rents

42 rents from £550/mo to £1.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£79502/250.03 mi-2
£85012/240.03 mi-2
£85004/240.04 mi-2
£85010/240.04 mi-2
£92504/240.04 miBridgefield Court, Prescot2
£94512/240.04 miBridgefield Court, Prescot2
£90005/240.05 miBridge Road, Prescot, Merseyside, L342
£79501/240.06 mi-2
£79512/240.06 mi-2
£82503/250.06 mi-2
£79512/240.06 mi-2
£85012/240.11 miKenneth Close, Prescot, Merseyside, L342
£85012/240.11 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77512/240.11 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77504/240.11 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£1,20002/250.11 mi-2
£77512/240.12 miPendleton Court, Speakman Way, Prescot, L342
£85003/250.13 mi-2
£69512/240.14 mi-2
£84012/240.16 mi-2
£84012/240.16 miBroadlands, Prescot, L352
£75003/240.17 mi-2
£80012/240.21 mi-2
£55012/240.31 mi-2
£65005/240.34 miKemble Street, Prescot, Merseyside2
£65004/240.37 miEccleston Street, Prescot, Merseyside, L342
£95004/240.38 miPrescot Park, Prescot, L342
£85012/240.38 mi-2
£69012/240.4 mi-2
£62501/250.42 mi-2
£75002/250.43 mi-2
£75012/240.43 mi-2
£75011/240.43 mi-2
£79504/240.44 mi-2
£79512/240.44 mi-2
£70012/240.45 miRowson Street, Prescot, Merseyside, L342
£80003/250.45 mi-2
£80004/250.45 mi-2
£85012/240.46 mi-2
£85012/240.48 mi-2
£95012/240.49 mi-2
£85003/250.58 mi-2

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.30 miles away

Nearest school

0.30 miles away

Nearest train station

0.09 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £75,000

November 22, 2024

Description

  • Investment opportunity +
  • Good location +
  • Two bedroom +
  • Auction +

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The successful buyer will pay £349.00 including VAT for this pack which you must view before bidding. You do not pay just to view the pack, only if you are the successful bidder.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Ascend, Liverpool

0151 453 5955

Next Steps?

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