8 Bed Flat, Single Let, Ormskirk, L39 2AU, £450,000

Wigan Road, Ormskirk, L39 2AU - 1 views - 2 months ago

Leasehold
BTL
~248 m²
+8 photos

Valuation

Sold PricesNo enough data locally

 

 

Square Metres

~248 m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£429 - £3,965

Rent Estimate

£477

Running Costs/mo

£1,522

Cashflow/mo

£-1,045

Cashflow/yr

£-12,536

Gross Yield

1%

Local Sold Prices

Not enough data

Local Rents

50 rents from £429/mo to £4K/mo, average is £628/mo.

RentDateDistanceAddressBeds 
£62404/240.04 miAbbotsford Mews, Ormskirk, L397
£3,18504/240.06 miStanley Street, Ormskirk, Lancashire. L39 2DH6
£3,96501/250.08 mi-6
£58505/240.11 miWigan Road, Ormskirk, Lancashire4
£1,10005/240.11 miWigan Road, Ormskirk, Lancashire4
£95004/240.11 miOak Green, Ormskirk3
£62804/240.11 miChristina House, St Helens Road4
£55504/240.11 miKnowsley Road, Ormskirk, 4
£43305/240.13 miSt Helens Road, Ormskirk, 9
£56304/240.13 miSt Helens Road, Ormskirk, Lancashire9
£1,20012/240.2 mi-3
£78004/240.21 miDerby Street, Ormskirk, L3910
£92501/240.22 mi-3
£55904/240.24 miStation Road, Ormskirk, L396
£47705/240.24 miStation Road, Ormskirk, L396
£47712/240.24 mi-6
£62805/240.25 miBurscough Street, Ormskirk4
£1,00001/250.25 mi-3
£52504/240.25 miHardacre Street, Ormskirk, L396
£52505/240.25 miHardacre Street, Ormskirk, L396
£52505/240.25 mi-6
£62805/240.26 miAughton Street, Ormskirk5
£69305/240.26 miSovereign Court, Derby Street, Orskirk3
£65003/240.28 miThe Suites, 6-8 Aughton Street, Ormskirk4
£58505/240.28 miThe Suites, 6-8 Aughton Street, Ormskirk4
£65005/240.28 miThe Suites, 6-8 Aughton Street, Ormskirk 4
£72405/240.28 miThe Suites, 6-8 Aughton Street, Ormskirk4
£52504/240.28 miHardacre Street, Ormskirk, L394
£2,10012/240.28 mi-4
£60704/240.28 miDerby Street West, , Ormskirk4
£3,40304/240.29 miHardacre Street, Ormskirk, L396
£55905/240.3 miTower Hill, Ormskirk, L394
£62805/240.3 miWigan Road, Ormskirk4
£68904/240.3 miOrmskirk, Ormskirk, L396
£62802/250.31 mi-4
£65003/240.33 miBurscough Street, , 6
£1,10004/240.33 miFurness Avenue, Ormskirk3
£1,05002/250.36 mi-3
£65004/240.37 miHants Lane, Ormskirk, L397
£62402/240.37 miHants Lane, Ormskirk, L397
£65005/240.38 miWigan Road, Ormskirk4
£52005/240.4 miTaylor Avenue, Ormskirk4
£2,25305/240.4 miScarisbrick Street, Ormskirk, Lancashire, L394
£68904/240.41 miBurscough Street, Ormskirk, L396
£1,40001/250.43 mi-4
£67205/240.44 miClucas Gardens, Ormskirk, L397
£42905/240.47 miGreen Lane, Ormskirk, L395
£43504/240.49 miPrescot Road, Ormskirk, L396
£52012/240.55 miSouthport Road, Ormskirk, L396
£58505/240.55 miCroftson Avenue, Ormskirk, Lancashire4

Local Area Statistics

Population in L39

28,091

Population in Ormskirk

46,182

Town centre distance

0.34 miles away

Nearest school

0.30 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £450,000

January 29, 2025

Floor Plans

Description

  • Student Investment Property +
  • Currently Let for 2024/2025 +
  • Eight Bedrooms Over Two Flats +
  • No Vendor Chain +
  • Gross Return Of 11.52% +
  • Close To Edge Hill University +

INVESTMENT OPPORTUNITY
Thomas Samuel Estate Agents are excited to bring to the market for sale, with NO CHAIN, this incredible investment opportunity currently let to eight students across two properties. With tenants also signed up for the academic year 2024/2025 this generates a joint gross return of £51,840 and 11.52% gross yield on your initial investment.
The location is ideal for students, being close to Edge Hill University and Ormskirk Town Centre with its array of local amenities including, shops, bars and restaurants. This fantastic opportunity comprises of a three bedroom ground floor flat and five bedroom first floor flat.
Internally both properties briefly comprise of a fitted kitchen, large lounge and spacious bathroom.
Further benefits include gas central heating and double glazing throughout.
Viewings are strictly by appointment only.

Agent Details

Thomas Samuel, Ormskirk

01695 664315

Next Steps?

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