2 Bed Flat, Single Let, Prescot, L34 3LZ, £76,000

2 1 1 Elm House, Prescot L34 - 2 months ago

Sold STC
Leasehold
BTL
ROI: 11%
44 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

44 m²
Price/m²£1.7K/m²

Value Estimate

£51,082

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,000

Stamp Duty & Legal Fees

£5,000

Total Cash In

£24,000

 

 

Cash Out

 

Rent Range

£550 - £1,200

Rent Estimate

£588

Running Costs/mo

£375

Cashflow/mo

£213

Cashflow/yr

£2,555

ROI

11%

Gross Yield

9%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£93K12/200.07 mi26, Egerton Road, Prescot, Merseyside L34 3LT2
£100K06/210.34 miFlat 6, Alexander House, Rio Court, Prescot, Merseyside L34 6NE2
£72.5K05/230.34 mi22, Meribel Square, Prescot, Merseyside L34 5TH2
£77.5K11/230.34 mi2, Meribel Square, Prescot, Merseyside L34 5TH2
£90K09/210.4 mi3, Grosvenor Court, Prescot, Merseyside L34 6NF2
£57K02/210.43 mi90, Beaconsfield, Prescot, Merseyside L34 5PE2
£65K08/220.45 mi121, Beaconsfield, Prescot, Merseyside L34 5PF2
£155K03/210.51 mi21, Speakman Way, Prescot, Merseyside L34 5ND2
£84.8K03/230.58 mi5, Hunter Court, Prescot, Merseyside L34 2UH2
£84.8K08/220.58 mi17, Hunter Court, Prescot, Merseyside L34 2UH2
£72K10/210.77 mi33, Hughes Avenue, Prescot, Merseyside L35 5EH2
£75K11/220.87 mi48, Hughes Avenue, Prescot, Merseyside L35 5EP2
£63.5K08/210.87 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£70K07/230.87 mi50, Hughes Avenue, Prescot, Merseyside L35 5EP2
£82.5K10/210.92 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£82.5K10/210.92 miApartment 16, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£50K03/210.92 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£65K02/220.92 miApartment 27, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£73.5K01/240.92 miApartment 5, Brookside Court, Shaw Lane, Prescot, Merseyside L35 5AE2
£75K11/230.92 miBrookside Court, Apartment 20, Shaw Lane, Prescot, Merseyside L35 5AE2
£85K10/200.96 mi31, Steward Court, Prescot, Merseyside L35 5HE2
£60K08/210.99 mi40, Oxford Road, Huyton, Liverpool, Merseyside L36 1XQ2

Local Rents

27 rents from £550/mo to £1.2K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£75002/250.23 mi-2
£75012/240.23 mi-2
£75011/240.23 mi-2
£79504/240.25 mi-2
£79512/240.25 mi-2
£85012/240.25 mi-2
£65005/240.27 miKemble Street, Prescot, Merseyside2
£65004/240.32 miEccleston Street, Prescot, Merseyside, L342
£70012/240.41 miRowson Street, Prescot, Merseyside, L342
£80004/250.42 mi-2
£80004/250.42 mi-2
£69012/240.46 mi-2
£55012/240.47 mi-2
£75003/240.5 mi-2
£77512/240.52 miPendleton Court, Speakman Way, Prescot, L342
£95004/240.53 miPrescot Park, Prescot, L342
£1,20002/250.59 mi-2
£85012/240.59 miKenneth Close, Prescot, Merseyside, L342
£85012/240.59 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77512/240.59 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£77504/240.59 miHollins Court, Kenneth Close, Prescot, Merseyside, L342
£95012/240.59 mi-2
£69512/240.6 mi-2
£79501/240.62 mi-2
£79512/240.62 mi-2
£82504/250.62 mi-2
£79512/240.62 mi-2

Local Area Statistics

Population in L34

12,244

Population in Prescot

43,001

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.64 miles away

 

 

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+44%

Property History

Listed for £76,000

January 28, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Duplex +
  • Convenient to Prescot Town Centre +
  • No Chain +

Great Investment or First-Time Buyer Opportunity! Welcome to this charming duplex property, perfect for investors or first-time buyers. Located on the second and third floor. Ground Floor:

  • Spacious living room, ideal for relaxation and entertaining.
  • Large kitchen with integrated oven and gas hob, perfect for culinary enthusiasts. First Floor:
  • Two spacious bedrooms, offering comfort and ample space.
  • Family bathroom, conveniently located. Don’t miss out on this fantastic opportunity. Contact us today to arrange a viewing! EPC rating: D. Tenure: Leasehold,

Agent Details

Belvoir, Prescot

0151 453 5201

Next Steps?

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