6 Bed Terraced House, Single Let, Ormskirk, L39 1LN, £250,000

Southport Road, Ormskirk, L39 1LN - 2 months ago

Sold STC
BTL
~186 m²
+16 photos

ValuationUndervalued

Sold Prices£322.5K - £1.3M
Sold Prices/m²£2K/m² - £3.6K/m²

 

 

Square Metres

~186 m²
Price/m²£1.3K/m²

Value Estimate

£312,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£429 - £3,965

Rent Estimate

£477

Running Costs/mo

£897

Cashflow/mo

£-420

Cashflow/yr

£-5,036

Gross Yield

2%

Local Sold Prices

5 sold prices from £322.5K to £1.3M, average is £810K. £2K/m² to £3.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£1.3M09/210.78 mi28, Ruff Lane, Ormskirk, Lancashire L39 4QZ6
£322.5K04/210.83 miKenya, High Lane, Burscough, Ormskirk, Lancashire L40 7SW6
£450K01/231.8 mi7, Poppy Lane, Bickerstaffe, Ormskirk, Lancashire L39 9EH6
£810K11/222.5 miSutchs Farm, Southport Road, Scarisbrick, Ormskirk, Lancashire L40 9RH6
£880K08/232.96 miSummerwood House, Smithy Lane, Barton, Ormskirk, Lancashire L39 7JS6

Local Rents

50 rents from £429/mo to £4K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£52012/240 miSouthport Road, Ormskirk, L396
£52005/240.03 miHalsall Lane, Ormskirk, L394
£2,70805/240.06 miHalsall Lane, Ormskirk, Lancashire, L395
£1,40001/250.11 mi-4
£42905/240.16 miGreen Lane, Ormskirk, L395
£65004/240.18 miHants Lane, Ormskirk, L397
£62402/240.18 miHants Lane, Ormskirk, L397
£67205/240.23 miClucas Gardens, Ormskirk, L397
£62802/250.24 mi-4
£2,25305/240.24 miScarisbrick Street, Ormskirk, Lancashire, L394
£97504/240.24 miTennyson Drive, Ormskirk3
£60704/240.26 miDerby Street West, , Ormskirk4
£68904/240.28 miOrmskirk, Ormskirk, L396
£69305/240.28 miSovereign Court, Derby Street, Orskirk3
£97504/240.29 miFairfield Drive, Ormskirk3
£1,30005/240.3 miHighfield Road, Ormskirk3
£62805/240.31 miBurscough Street, Ormskirk4
£65003/240.33 miBurscough Street, , 6
£78004/240.34 miDerby Street, Ormskirk, L3910
£65003/240.35 miThe Suites, 6-8 Aughton Street, Ormskirk4
£58505/240.35 miThe Suites, 6-8 Aughton Street, Ormskirk4
£65005/240.35 miThe Suites, 6-8 Aughton Street, Ormskirk 4
£72405/240.35 miThe Suites, 6-8 Aughton Street, Ormskirk4
£62805/240.35 miAughton Street, Ormskirk5
£1,00001/250.35 mi-3
£2,10012/240.36 mi-4
£52504/240.36 miHardacre Street, Ormskirk, L394
£52505/240.36 mi-6
£52504/240.36 miHardacre Street, Ormskirk, L396
£52505/240.36 miHardacre Street, Ormskirk, L396
£3,40304/240.36 miHardacre Street, Ormskirk, L396
£47712/240.37 mi-6
£55904/240.37 miStation Road, Ormskirk, L396
£47705/240.37 miStation Road, Ormskirk, L396
£68904/240.39 miBurscough Street, Ormskirk, L396
£56305/240.42 miCottage Lane, Ormskirk, Lancashire, L396
£58505/240.43 miCroftson Avenue, Ormskirk, Lancashire4
£67204/240.43 miGarnett Green, Ormskirk, L394
£1,20005/240.44 miHaslam Drive, Ormskirk, L39 1LL4
£58505/240.45 miWigan Road, Ormskirk, Lancashire4
£1,10005/240.45 miWigan Road, Ormskirk, Lancashire4
£3,96501/250.46 mi-6
£62804/240.48 miChristina House, St Helens Road4
£3,18504/240.49 miStanley Street, Ormskirk, Lancashire. L39 2DH6
£43305/240.49 miSt Helens Road, Ormskirk, 9
£56304/240.49 miSt Helens Road, Ormskirk, Lancashire9
£62404/240.51 miAbbotsford Mews, Ormskirk, L397
£43504/240.51 miPrescot Road, Ormskirk, L396
£1,20012/240.55 mi-3
£95012/240.56 miSt. Annes Road, Ormskirk3

Local Area Statistics

Population in L39

28,091

Population in Ormskirk

46,182

Town centre distance

0.58 miles away

Nearest school

0.30 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

January 29, 2025

Floor Plans

Description

  • Six Bedroom Semi Detached House Offering Fantastic Potential +
  • In The Heart Of Ormskirk With Its Excellent Range Of Local Amenities And Transport Links +
  • Being Sold With Added Benefit Of No Onward Chain +
  • Gross Potential Return On Investment £31,680 Which Equates To 12.6% +
  • Ideal For A Variety Of Buyers In Particular A First Time Buyer, Growing Family Or Investor +
  • Large Lounge Area, Fitted Kitchen And Utility Area +
  • Two Modern Shower Rooms +
  • Gas Central Heating And Double Glazing Throughout +
  • Private Rear Garden And Off Road Parking With Space For Two Cars +

Tucked away in the vibrant heart of Ormskirk, this six-bedroom semi-detached house is a diamond in the rough, offering fantastic potential for the savvy buyer. With a plethora of local amenities and excellent transport links right on your doorstep, convenience is key with this property.
The added bonus of being sold with no onward chain means you can move in and start making this place your own in no time. Plus, with a gross potential return on investment of £31,680, which equates to a solid 12.6%, this property is not just a home, but a smart investment opportunity too.
Suitable for a variety of buyers, whether you're a first-time buyer looking to put down roots, a growing family in need of space or an investor seeking a lucrative venture, this house ticks all the boxes.
Step inside and you'll find a spacious lounge area just waiting to be transformed into the heart of your home, a fitted kitchen ready for your culinary creations, and a handy utility area to keep things running smoothly. Two modern shower rooms offer convenience for busy mornings, ensuring there's no need to queue for the bathroom.
Equipped with gas central heating and double glazing throughout, this property will keep you cosy and warm all year round. Outside, a private rear garden provides a tranquil retreat to enjoy the fresh air, while off-road parking with space for two cars takes the hassle out of parking.
With its unbeatable location, versatile layout, and potential to add value, this house is a real find for those looking to make their mark on a property. Don't miss out on this opportunity to own a piece of Ormskirk - schedule a viewing today and start imagining the possibilities!
Tenure - FREEHOLD - Council Tax Band - C

EPC Rating: D

Agent Details

Thomas Samuel, Ormskirk

01695 664315

Next Steps?

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