2 Bed Flat, Single Let, Ormskirk, L39 4PY, £240,000

Grammar School Court, Ormskirk, L39 4PY - 3 months ago

Leasehold
BTL
~82 m²
+13 photos

ValuationOvervalued

Sold Prices£49K - £230K
Sold Prices/m²£1.1K/m² - £4.4K/m²

 

 

Square Metres

~81.75 m²
Price/m²£2.9K/m²

Value Estimate

£182,080

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£520 - £1,400

Rent Estimate

£520

Running Costs/mo

£874

Cashflow/mo

£-354

Cashflow/yr

£-4,248

Gross Yield

3%

Local Sold Prices

35 sold prices from £49K to £230K, average is £127.5K. £1.1K/m² to £4.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£146K07/230 mi16, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£228K09/210 mi10, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£180K03/210 mi19, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£170K02/220 mi15a, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£170K06/220 mi25, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£180K12/200 mi8, Grammar School Court, Ormskirk, Lancashire L39 4PY2
£62.5K10/200.07 mi6, Millers Court, Ormskirk, Lancashire L39 4XF2
£51K05/220.08 mi4, Millers Court, Ormskirk, Lancashire L39 4XF2
£230K03/240.1 miCramlington House, Apartment 15, Grammar School Gardens, Ormskirk, Lancashire L39 4PT2
£215K05/220.1 miApartment 11, Cramlington House, Grammar School Gardens, Ormskirk, Lancashire L39 4PT2
£127.5K02/220.17 mi1, Norfield, Ormskirk, Lancashire L39 2XR2
£140K06/230.17 mi14, Norfield, Ormskirk, Lancashire L39 2XR2
£63K07/210.2 mi6, Chapel Moss, Ormskirk, Lancashire L39 4XE2
£122K12/200.26 miApartment 15, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£122.5K09/210.26 miApartment 12, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£122K01/210.26 miApartment 5, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£135K02/230.27 miApartment 19, Bridge House, Bridge Avenue, Ormskirk, Lancashire L39 4PL2
£129K10/230.59 miFlat 8, The Fountains, Green Lane, Ormskirk, Lancashire L39 1ND2
£142K08/230.59 miFlat 28, The Fountains, Green Lane, Ormskirk, Lancashire L39 1ND2
£150K03/230.59 miFlat 52, The Fountains, Green Lane, Ormskirk, Lancashire L39 1ND2
£150K11/200.59 miFlat 5, The Fountains, Green Lane, Ormskirk, Lancashire L39 1ND2
£149K02/230.59 miFlat 23, The Fountains, Green Lane, Ormskirk, Lancashire L39 1ND2
£49K04/210.71 miFlat 27, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£127.5K09/220.71 miFlat 27, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£110K05/210.71 mi9, Halsall Court, Ormskirk, Lancashire L39 3PU2
£93.5K09/210.72 miFlat 28, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£112K11/220.72 miFlat 22, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£100K04/230.72 miFlat 11, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£145K03/230.72 miFlat 6, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£105K04/210.72 miFlat 21, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£96K09/220.72 miFlat 29, Hillside Court, Black Moss Lane, Ormskirk, Lancashire L39 4YX2
£123K05/220.72 mi5, Halsall Court, Ormskirk, Lancashire L39 3PU2
£115K06/210.73 mi32, Alexandra Mews, Ormskirk, Lancashire L39 1RH2
£122.5K06/230.73 mi19, Alexandra Mews, Ormskirk, Lancashire L39 1RH2
£123K06/220.73 mi38, Alexandra Mews, Ormskirk, Lancashire L39 1RH2

Local Rents

38 rents from £520/mo to £1.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£85004/240 miGrammar School Court, Ormskirk2
£75004/240.04 miMill Street ORMSKIRK2
£52005/240.06 miKnowsley Road, Ormskirk, 2
£1,20005/240.11 miCramford House, Ormskirk2
£1,25002/240.11 miRuff Lane, Ormskirk, Lancashire, L39 4PT2
£97505/240.14 miSt. Helens Road, Ormskirk, L39 4QL2
£90012/230.14 mi-2
£90005/240.14 miChapel Street, Ormskirk, L39 4QF2
£62805/240.16 miStanley Street, Ormskirk, 2
£55005/240.18 miOrmskirk, Lancashire, L39 2DE2
£75005/240.23 miAlexander Court Station Approach ORMSKIRK2
£85003/250.23 mi-2
£75005/240.25 miWigan Road, Ormskirk, Lancashire, L39 2AS2
£55005/240.25 miWigan Road, Ormskirk, Lancashire, L39 2AS2
£73205/240.25 miSovereign Court, Derby Street, Ormskirk2
£71104/240.25 miSovereign Court, Derby Street, Ormskirk2
£71505/240.27 miAlexander House, Ormskirk, 2
£67205/240.27 mi2a AUGHTON STREET, ORMSKIRK, LANCASHIRE2
£65012/240.29 miBurscough Street, Ormskirk, L392
£1,40001/250.29 mi-2
£73205/240.29 miThe Suites, 6-8 Aughton Street, Ormskirk2
£85004/240.3 miBridge Street, Ormskirk2
£90005/240.3 miBridge Street, Ormskirk2
£55002/250.32 mi-2
£92504/240.33 miChestnut Court, Ormskirk, L39 2JB2
£90003/250.36 mi-2
£1,35004/240.4 miApartment Vicarage Walk, Ormskirk2
£80004/240.4 miHants Lane, Ormskirk, Lancashire, L39 1PX2
£80005/240.4 miHants Lane, Ormskirk2
£55004/240.41 miBurscough Street, Ormskirk, L39 2EY2
£70605/240.46 miThompson Avenue, Ormskirk, 2
£72805/240.46 miScarisbrick Street, Ormskirk, 2
£72504/240.48 miAshcroft Avenue ORMSKIRK2
£1,05001/250.5 mi-2
£85004/240.52 mi-2
£52005/240.55 miMalthouse Court, Green Lane, Ormskirk2
£52005/240.57 miHazel Court, Aughton Street, Ormskirk2
£95004/240.62 miBrighouse Close, Ormskirk, Lancashire, L39 3NB2

Local Area Statistics

Population in L39

28,091

Population in Ormskirk

46,182

Town centre distance

0.41 miles away

Nearest school

0.40 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £240,000

December 26, 2024

Floor Plans

Description

  • Stylish Ground-Floor Apartment +
  • Two Bedrooms +
  • No Chain +
  • Large Open Plan Kitchen, Dining & Family Room +
  • Well-Kept Communal Gardens +
  • Off-Street Parking +
  • Great Location +
  • Circa 880 Square Feet +

Arnold and Phillips are delighted to present this stylish two-bedroom ground-floor apartment located in the sought-after apartment complex, Grammar School Court. Perfectly suited to professionals, first-time buyers, or those looking to invest, this home offers a practical yet contemporary layout that maximises every inch of its space, making it a comfortable and welcoming place to live.

The property is set within an attractive and well-maintained historic building that benefits from its peaceful yet convenient location. Upon arrival, you’ll notice the clean and tidy communal areas, a testament to the pride shared by residents in this development. With private off-street parking available, there’s no need to worry about finding a space after a busy day.

Stepping inside, the apartment opens into a welcoming hallway, complete with a handy storage cupboard. From here, you’re drawn into the heart of the home – a large, open-plan kitchen, dining, and family room. This space has been thoughtfully designed to combine functionality with a sociable layout. The kitchen features modern units and ample counter space, offering everything you need to prepare meals with ease. There’s plenty of room for a dining table, making it an ideal spot for everything from casual breakfasts to hosting friends. The living area flows naturally, creating a space that feels both cosy and versatile – whether it’s for relaxing in front of the TV or working from home, this room can adapt to suit your lifestyle.

The apartment’s two bedrooms are both generously sized, allowing for a range of furnishing options. The main bedroom is a calm and inviting space, ideal for restful nights, while the second bedroom is perfect as a guest room, child’s bedroom, or even a home office. Both rooms benefit from their neutral décor, giving you the freedom to personalise them to your taste. The bathroom is well-appointed with modern fittings and a clean, timeless design, offering a practical yet stylish space for your daily routine. Its simplicity complements the overall aesthetic of the apartment, ensuring it feels cohesive throughout.

Outside, the property benefits from well-kept communal gardens. These provide a pleasant outdoor space to enjoy some fresh air, read a book, or catch up with neighbours. With ground-floor access, the apartment is especially convenient for those who prefer not to navigate stairs daily.

Grammar School Court is ideally located for those who value convenience. The surrounding area offers a range of amenities, including shops, cafes, and restaurants, all within easy reach. For those with children or planning for the future, reputable schools are nearby, while excellent transport links make commuting straightforward – whether you’re heading into the city for work or exploring further afield.

This property is an excellent opportunity for anyone looking to step onto the property ladder, invest in a highly rentable location, or simply enjoy the ease and comfort of modern apartment living. Viewing is highly recommended to appreciate the layout and lifestyle this home offers. If you have any specific questions or would like more details, please don’t hesitate to get in touch – we’d be delighted to assist you.

Tenure: We are advised by our client that the property is Leasehold
Term of Lease: 980 years
Ground Rent: £150 per annum
Service Charge: £175 per month
Council Tax Band: C

Every care has been taken with the preparation of these property details but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. These property details do not constitute a contract or part of a contract. We are not qualified to verify tenure of property. Prospective purchasers should seek clarification from their solicitor or verify the tenure of this property for themselves by visiting mention of any appliances, fixtures or fittings does not imply they are in working order. Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale. All dimensions are approximate.

Agent Details

Arnold & Phillips, Ormskirk

01695 317473

Next Steps?

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