2 Bed Flat, Single Let, Liverpool, L21 8LB, £85,000

97 South Road, Waterloo, L22 0LR, Liverpool, UK - 4 months ago

Under Offer
Leasehold
BTL
ROI: 8%
~61 m²
+19 photos

ValuationOvervalued

Sold Prices£45K - £193.3K
Sold Prices/m²£579/m² - £56.7K/m²

 

 

Square Metres

~61.20 m²
Price/m²£1.4K/m²

Value Estimate

£71,400

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£550 - £1,000

Rent Estimate

£572

Running Costs/mo

£400

Cashflow/mo

£172

Cashflow/yr

£2,064

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £45K to £193.3K, average is £86.5K. £579/m² to £56.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£45K05/210 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£70K05/230 mi14, Longfield Road, Liverpool, Merseyside L21 8LB2
£77K08/230 mi12, Longfield Road, Liverpool, Merseyside L21 8LB2
£70K01/230 mi4, Longfield Road, Liverpool, Merseyside L21 8LB2
£58.5K11/210.02 mi12, May Close, Liverpool, Merseyside L21 8JX2
£64K08/230.06 mi29, Violet Road, Liverpool, Merseyside L21 6NY2
£52K10/200.06 mi31, Violet Road, Liverpool, Merseyside L21 6NY2
£85K06/210.28 mi32, Heathfield Drive, Bootle, Merseyside L20 6GE2
£72K07/220.58 mi14, Bromyard Close, Bootle, Merseyside L20 4UY2
£75K01/220.59 mi25, Bushley Close, Bootle, Merseyside L20 4UZ2
£67.5K11/220.59 mi19, Bushley Close, Bootle, Merseyside L20 4UZ2
£69K06/220.84 mi3, Dewlands Road, Liverpool, Merseyside L21 1JF2
£78K01/220.87 mi15, Jersey Close, Bootle, Merseyside L20 4BL2
£90K03/230.87 mi18, Jersey Close, Bootle, Merseyside L20 4BL2
£72.3K07/230.87 mi14, Jersey Close, Bootle, Merseyside L20 4BL2
£110K08/231.03 miFlat 10, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£127K03/231.03 miFlat 16, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£140K01/241.03 miMelrose Park, Flat 5, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£130K08/221.03 miFlat 23, Melrose Park, Melrose Road, Waterloo, Liverpool, Merseyside L22 1SW2
£70K02/211.03 mi28, Atlantic Way, Bootle, Merseyside L30 9TB2
£95K06/221.08 mi9, Farmer Place, Bootle, Merseyside L20 6HP2
£66.9K11/201.11 miFlat 20, Merton Towers, Merton Road, Bootle, Merseyside L20 3BG2
£151K11/231.12 miFlat 5, Sundene Lodge, The Esplanade, Waterloo, Liverpool, Merseyside L22 5RN2
£132.5K11/221.12 miFlat 4, Sundene Lodge, The Esplanade, Waterloo, Liverpool, Merseyside L22 5RN2
£107.5K09/211.13 mi32, Field Lane, Litherland, Liverpool, Merseyside L21 9NE2
£168K04/241.14 miAngra Bank, Flat 11, Bramhall Road, Liverpool, Merseyside L22 3XA2
£193.3K03/211.15 mi24, Ronald Road, Liverpool, Merseyside L22 3XU2
£99K02/221.17 mi71, Trinity Road, Bootle, Merseyside L20 7BD2
£91.5K06/221.17 mi75, Trinity Road, Bootle, Merseyside L20 7BD2
£98K05/221.17 mi49, Trinity Road, Bootle, Merseyside L20 7BD2
£112K12/201.18 miFlat 6, Angra Bank, Bramhall Road, Liverpool, Merseyside L22 3XA2
£132.5K01/231.22 miFlat 3, Leeswood, Park Road, Waterloo, Liverpool, Merseyside L22 3XE2
£150K04/231.22 miFlat 10, Leeswood, Park Road, Waterloo, Liverpool, Merseyside L22 3XE2
£150K12/221.34 miFlat 5, Garth Court, Haigh Road, Liverpool, Merseyside L22 3XL2
£110K04/221.34 miFlat 3, Garth Court, Haigh Road, Liverpool, Merseyside L22 3XL2
£123K09/211.34 miFlat 5, Garth Court, Haigh Road, Liverpool, Merseyside L22 3XL2
£53K08/221.4 mi6, Cross Hey, Ford, Liverpool, Merseyside L21 0ER2
£94K01/231.47 mi27, Poulsom Drive, Bootle, Merseyside L30 2NQ2
£60K04/221.48 mi74, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£55K01/211.48 mi28, Oakhouse Park, Walton, Liverpool, Merseyside L9 1EP2
£82K02/211.5 mi22, Green Hey Drive, Bootle, Merseyside L30 2NT2
£135K01/211.52 mi50, Corona Road, Waterloo, Liverpool, Merseyside L22 0LW2
£86K03/221.53 mi50, Hero Street, Bootle, Merseyside L20 2HA2
£105K03/231.55 mi52, Simons Croft, Bootle, Merseyside L30 2RY2
£81K02/211.56 mi35, Taylforth Close, Liverpool, Merseyside L9 2DP2
£87K10/211.58 mi32, Taylforth Close, Liverpool, Merseyside L9 2DP2
£85K11/211.58 mi24, Taylforth Close, Liverpool, Merseyside L9 2DP2
£65K08/211.58 mi42, Taylforth Close, Liverpool, Merseyside L9 2DP2
£78K10/231.58 mi57, Taylforth Close, Liverpool, Merseyside L9 2DP2
£88K01/221.58 mi79, Taylforth Close, Liverpool, Merseyside L9 2DP2

Local Rents

50 rents from £550/mo to £1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£80012/240.06 mi-2
£80012/240.06 mi-2
£80005/240.06 miLinacre Road, Liverpool, L212
£80005/240.06 miLinacre Road, Liverpool, L212
£70012/240.07 miBeechwood Road, Litherland, Liverpool, L21 8JY2
£75004/250.08 mi-2
£77512/240.1 mi-2
£69503/250.11 mi-2
£75012/240.11 mi-2
£75004/250.12 mi-2
£75004/250.15 mi-2
£69505/240.15 miLander Road, Litherland, Merseyside, L212
£75004/240.15 mi-2
£70004/250.16 mi-2
£70012/240.16 mi-2
£85004/250.17 mi-2
£85012/240.18 mi-2
£75004/250.18 mi-2
£74505/240.18 miSmollett Street, Bootle, L202
£74505/240.18 mi-2
£77504/250.21 mi-2
£75005/240.22 miMildmay Road, Bootle2
£72505/240.23 mi-2
£70006/240.26 miFalconer Street, Bootle, Liverpool, L202
£75012/240.28 miEaton Avenue, Litherland, Liverpool2
£75005/240.29 miBowles Street, Bootle2
£75004/240.31 miMoore Street, BOOTLE2
£72504/250.31 mi-2
£72505/240.34 miBarnton Close, Bootle, L202
£57504/240.34 miSeaforth Vale North, Liverpool2
£75008/240.34 mi-2
£65005/240.34 mi-2
£75004/250.34 mi-2
£62502/240.35 mi-2
£65002/240.36 mi-2
£70004/240.36 miSeaforth Road, Seaforth L21 3TX2
£70005/240.37 miCowper Street, Bootle, L20 4RS2
£78012/240.38 mi-2
£77501/250.38 mi-2
£75002/240.38 mi-2
£79504/240.39 miSeaforth Road, Liverpool, Merseyside, L212
£62512/240.39 miSeaforth Road, Liverpool, L212
£57505/240.4 miPeel Road, Bootle2
£75004/250.42 mi-2
£75003/250.42 mi-2
£67504/240.44 miSpenser Street, Bootle2
£55005/240.45 miShelley Street, Bootle2
£78001/240.46 mi-2
£80002/250.46 mi-2
£1,00003/250.49 mi-2

Local Area Statistics

Population in L21

25,278

Population in Liverpool

675,519

Town centre distance

0.98 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+38%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £85,000

December 17, 2024

Floor Plans

Description

  • 2 bedroom Ground Floor Flat +
  • Two Double Bedrooms +
  • Breakfast / Kitchen +
  • Communal Garden +
  • Communal Parking +
  • Private Balcony +
  • Bathroom +

*2 bedroom Ground Floor Flat
*Two Double Bedrooms
* Lounge / Dining room
* Built in Wardrobes
*Communal Parking & Gardens
*Private terrace
*Breakfast / Kitchen
*Bathroom
* Mains shower above bath
* Rear Utility area
* Leasehold - 165 years left

Title Number - MS331974

Local Authority - Sefton

Council tax - Band A

Estimated Annual Council Tax Cost - £1,415

Tenure - Leasehold

Newly extended Lease - 165 years remaining (as of 2024)

Ground Rent - Peppercorn

Service Charge - £1,908 per annum

Conservation Area - No

Flood Risk
Rivers & Seas: Very low
Surface Water: Very low

Satellite / Fibre TV Availability - BT, Sky, Virgin

Broadband (estimated speeds)
Standard 7 mbps
Superfast 72 mbps
Ultrafast 1000 mbps

Mobile Coverage -O2

EE

Three

Vodafone

(Data source from Sprift)

'Straightforward Sales & Lettings'

'Unusually good at what we do'
Sell with a multi - “National award winning Estate Agent !”

Agent Details

Logic, Liverpool

0151 453 4840

Next Steps?

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