3 Bed Semi-Detached House, Single Let, Ormskirk, L39 2EU, £185,000

Latham Avenue, Ormskirk, L39 2EU - 1 views - a month ago

BTL
ROI: 2%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£145K - £470.6K
Sold Prices/m²£1.6K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£223,850
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£693 - £1,300

Rent Estimate

£875

Running Costs/mo

£773

Cashflow/mo

£102

Cashflow/yr

£1,223

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £145K to £470.6K, average is £225.8K. £1.6K/m² to £4.1K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£175K04/210.07 mi10, Thompson Avenue, Ormskirk, Lancashire L39 2BQ3
£175K02/210.07 mi26, Thompson Avenue, Ormskirk, Lancashire L39 2BQ3
£217.5K10/230.09 mi10, Edgley Drive, Ormskirk, Lancashire L39 2EB3
£171.5K04/210.09 mi22, Edgley Drive, Ormskirk, Lancashire L39 2EB3
£185K07/230.09 mi140, Wigan Road, Ormskirk, Lancashire L39 2BA3
£208.3K02/240.09 mi1, Thompson Avenue, Ormskirk, Lancashire L39 2BG3
£171.5K02/240.09 mi27, Thompson Avenue, Ormskirk, Lancashire L39 2BG3
£220K12/200.12 mi47, Tower Hill, Ormskirk, Lancashire L39 2EE3
£232K03/240.12 mi33, Tower Hill, Ormskirk, Lancashire L39 2EE3
£194K11/200.14 mi76, Thompson Avenue, Ormskirk, Lancashire L39 2BH3
£147K07/230.14 mi88, Thompson Avenue, Ormskirk, Lancashire L39 2BH3
£186.5K04/230.14 mi70, Thompson Avenue, Ormskirk, Lancashire L39 2BH3
£277.5K04/240.15 mi18, Hall Brow Close, Ormskirk, Lancashire L39 2YX3
£250K06/230.15 mi8, Hall Brow Close, Ormskirk, Lancashire L39 2YX3
£229.9K01/240.18 mi3, Derby Hill Road, Ormskirk, Lancashire L39 2XH3
£177.5K08/210.18 mi7, Derby Hill Road, Ormskirk, Lancashire L39 2XH3
£175K02/210.18 mi6, Derby Hill Road, Ormskirk, Lancashire L39 2XH3
£215K11/220.18 mi6, Silk Court, Ormskirk, Lancashire L39 4AF3
£310K11/230.21 mi3, Delph Top, Ormskirk, Lancashire L39 2DX3
£240K10/230.26 mi28, Pinfold Road, Ormskirk, Lancashire L39 4AB3
£236.5K06/230.26 mi7, School House Green, Ormskirk, Lancashire L39 2HJ3
£180K02/210.26 mi5, Oak Green, Ormskirk, Lancashire L39 2HH3
£380K10/230.29 mi67, Greetby Hill, Ormskirk, Lancashire L39 2DR3
£243K06/210.29 mi5, Willow Green, Ormskirk, Lancashire L39 2HQ3
£190K02/230.3 mi1, Pendle Drive, Ormskirk, Lancashire L39 2EA3
£225K03/210.31 mi1, Grammar School Gardens, Ormskirk, Lancashire L39 4UN3
£178.5K06/210.32 mi68, Derby Street, Ormskirk, Lancashire L39 2DE3
£285K12/210.32 mi42, Derby Street, Ormskirk, Lancashire L39 2DE3
£230K08/210.33 mi12, Bath Springs, Ormskirk, Lancashire L39 2XP3
£237.5K12/200.34 mi1, Nursery Avenue, Ormskirk, Lancashire L39 2DY3
£190K04/210.34 mi74, Nursery Avenue, Ormskirk, Lancashire L39 2DZ3
£470.6K03/210.49 mi76, St Helens Road, Ormskirk, Lancashire L39 4QT3
£470K06/230.49 mi84, St Helens Road, Ormskirk, Lancashire L39 4QT3
£226.6K03/210.49 mi18, St Helens Road, Ormskirk, Lancashire L39 4QR3
£370K01/230.5 mi24, St Helens Road, Ormskirk, Lancashire L39 4QR3
£225K03/210.52 mi23, Chapel Street, Ormskirk, Lancashire L39 4QE3
£290K01/210.54 mi88, Chapel Street, Ormskirk, Lancashire L39 4QF3
£160K04/210.55 mi154, Burscough Street, Ormskirk, Lancashire L39 2EY3
£165K12/200.57 mi7, Old Boundary Way, Ormskirk, Lancashire L39 2YW3
£232.5K08/210.57 mi107, Burscough Street, Ormskirk, Lancashire L39 2EL3
£215K08/230.58 mi51, Bridge Street, Ormskirk, Lancashire L39 4RJ3
£269.9K05/210.59 mi1, Pine Avenue, Ormskirk, Lancashire L39 2YP3
£260K01/230.59 mi6, Pine Avenue, Ormskirk, Lancashire L39 2YP3
£240K03/240.6 mi6, Ashcroft Avenue, Ormskirk, Lancashire L39 1QJ3
£355K03/210.6 mi6, Brook Lane, Ormskirk, Lancashire L39 4RE3
£145K06/230.63 mi25, Ravenscroft Avenue, Ormskirk, Lancashire L39 4TY3
£227.5K05/210.64 mi37, Burscough Road, Ormskirk, Lancashire L39 2XE3
£365K02/210.64 mi29a, Burscough Road, Ormskirk, Lancashire L39 2XE3
£242K01/210.64 mi61, Burscough Road, Ormskirk, Lancashire L39 2XE3
£205K04/210.65 mi35, Moorgate, Ormskirk, Lancashire L39 4RT3

Local Rents

13 rents from £693/mo to £1.3K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,05002/250.04 mi-3
£92501/240.2 mi-3
£95004/240.26 miOak Green, Ormskirk3
£1,20012/240.33 mi-3
£1,00001/250.52 mi-3
£69305/240.59 miSovereign Court, Derby Street, Orskirk3
£1,10004/240.66 miFurness Avenue, Ormskirk3
£82505/240.8 miSephton Drive, Ormskirk3
£1,30005/240.9 miHighfield Road, Ormskirk3
£95012/240.95 miSt. Annes Road, Ormskirk3
£97504/241 miFairfield Drive, Ormskirk3
£97504/241.1 miTennyson Drive, Ormskirk3
£1,20004/241.24 miRedsands, Aughton, Ormskirk, Lancashire, L39 4SG3

Local Area Statistics

Population in L39

28,091

Population in Ormskirk

46,182

Town centre distance

0.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £185,000

February 17, 2025

Floor Plans

Description

  • SEMI-DETACHED PROPERTY +
  • LIVING ROOM +
  • KITCHEN +
  • THREE BEDROOMS +
  • FAMILY BATHROOM +
  • GARDENS FRONT & REAR +
  • OFF ROAD PARKING +
  • POPULAR RESIDENTIAL LOCATION +

SUMMARY Nestled in the desirable area of Latham Avenue, Ormskirk, this lovely three-bedroom semi-detached home offers a perfect blend of comfort and convenience. Ideal for families and first-time buyers, this property boasts spacious living areas and a well-maintained interior.  **GROUND FLOOR :- ** Upon entry, you'll find a welcoming entrance hall leading into the living room, which features a large window to the front aspect, allowing natural light to flood the space. The room is well-equipped with both TV and telephone points, perfect for modern living. The fitted kitchen is complete with a range of matching wall and base units, offering ample storage space.  Highlights include a composite 1 & ½ sink unit with drainer, a gas hob and oven with an extractor hood above, and plumbing and space for a washing machine, dishwasher, and fridge/freezer —everything you need for modern-day convenience. **FIRST FLOOR :- ** A ¼ turn staircase leads to the first floor, with a window to the side aspect and loft access above, providing additional storage. The main bedroom features an original cast iron fireplace, set upon a surround and tiled hearth, adding character and charm to the room. Two further bedrooms offer versatility, whether for use as additional bedrooms, home offices, or guest rooms. The family bathroom is fitted with a bath and shower attachment with a glass screen, a WC, and a pedestal handwash basin, as well as a ladder radiator and extractor fan—perfect for family living. **OUTSIDE :- ** Externally, the property offers a front garden with a paved driveway providing off-road parking. Side access leads to the enclosed rear garden, featuring a block patio area, a lawn, and a fenced surround, offering a private space for outdoor relaxation. A garden shed provides handy storage for tools and equipment. This charming home offers a fantastic opportunity to enjoy comfortable living in a sought-after location. Early viewing is highly recommended to fully appreciate all it has to offer. LIVING ROOM - 5.51m x 3.3m (18'1" x 10'10") KITCHEN - 6.48m x 2.36m (21'3" x 7'9") BEDROOM ONE - 4.11m x 3.35m (13'6" x 11'0") BEDROOM TWO - 4.06m x 2.34m (13'4" x 7'8") BEDROOM THREE - 2.24m x 3.33m (7'4" x 10'11") FAMILY BATHROOM - 2.24m x 1.45m (7'4" x 4'9") ADDITIONAL INFORMATION This property has a gas central heating system and is double glazed. BROADBAND Ofcom checker indicates that Ultrafast broadband is available in this area. ENERGY PERFORMANCE RATING The Energy Performance Rating for the property is currently  72C It has the potential to be 86B.  LOCAL AUTHORITY West Lancashire Borough Council, Council Tax - Band B SERVICES (NOT TESTED) No tests have been made of mains services, heating systems or associated appliances and neither has confirmation been obtained from the statutory bodies of the presence of these services. We cannot therefore confirm that they are in working order and any prospective purchaser is advised to obtain verification from their solicitor or surveyor. TENURE PLEASE NOTE. We understand the Tenure of this property is  FREEHOLD    but any prospective purchaser is advised to obtain verification from their solicitor, mortgage provider or surveyor. VIEWINGS Viewing strictly by appointment through the Agents.

Agent Details

Ian Anthony Estates, Ormskirk

01695 317402

Next Steps?

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