2 Bed Terraced House, Single Let, Liverpool, L6 4AX, £60,000

78 Morecambe Street, Liverpool, L6 4AX - 2 views - 15 days ago

Auction
BTL
ROI: 16%
46 m²
+3 photos

ValuationOvervalued

Sold Prices£42.5K - £149.9K
Sold Prices/m²£638/m² - £2.1K/m²

 

 

Square Metres

45.90 m²
Price/m²£1.3K/m²

Value Estimate

£52,608

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£19,200

 

 

Cash Out

 

Rent Range

£450 - £2,440

Rent Estimate

£580

Running Costs/mo

£324

Cashflow/mo

£257

Cashflow/yr

£3,078

ROI

16%

Gross Yield

12%

Local Sold Prices

50 sold prices from £42.5K to £149.9K, average is £75K. £638/m² to £2.1K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£53K10/200 mi38, Morecambe Street, Liverpool, Merseyside L6 4AX2
£66K03/210.02 mi52, Scorton Street, Liverpool, Merseyside L6 4AT2
£65K06/210.03 mi45, Scorton Street, Liverpool, Merseyside L6 4AS2
£77.5K10/220.14 mi51, July Road, Liverpool, Merseyside L6 4BS2
£45.6K11/200.16 mi46a, August Road, Liverpool, Merseyside L6 4DF2
£75K05/210.16 mi30, August Road, Liverpool, Merseyside L6 4DF2
£92K06/230.22 mi46, Sunlight Street, Liverpool, Merseyside L6 4AQ2
£50K11/200.22 mi52, Sunlight Street, Liverpool, Merseyside L6 4AQ2
£70K02/230.22 mi29, Sunlight Street, Liverpool, Merseyside L6 4AG2
£115K06/220.25 mi69, Dorset Road, Anfield, Liverpool, Merseyside L6 4DU2
£68.5K02/230.26 mi39, Dorset Road, Anfield, Liverpool, Merseyside L6 4DU2
£75K03/220.26 mi31, Dorset Road, Anfield, Liverpool, Merseyside L6 4DU2
£95K02/210.36 mi43, New Road, Tuebrook, Liverpool, Merseyside L13 8BG2
£65K03/210.36 mi6, Redcar Street, Liverpool, Merseyside L6 0AJ2
£69K03/210.36 mi21, Redcar Street, Liverpool, Merseyside L6 0AJ2
£42.5K03/210.36 mi2, Redcar Street, Liverpool, Merseyside L6 0AJ2
£65K01/230.36 mi20, Redcar Street, Liverpool, Merseyside L6 0AJ2
£65K02/210.36 mi4, Redcar Street, Liverpool, Merseyside L6 0AJ2
£56K10/200.37 mi39, Hanwell Street, Liverpool, Merseyside L6 0AN2
£89.7K11/210.39 mi81, Sedley Street, Liverpool, Merseyside L6 5AE2
£81K05/210.39 mi68, Pendennis Street, Liverpool, Merseyside L6 5AQ2
£43K10/200.39 mi31, Sedley Street, Liverpool, Merseyside L6 5AE2
£50K02/210.39 mi46, Sedley Street, Liverpool, Merseyside L6 5AF2
£65K04/230.39 mi28, Sedley Street, Liverpool, Merseyside L6 5AF2
£80K10/200.39 mi44, Cardigan Way, Liverpool, Merseyside L6 5JY2
£74K12/200.39 mi20, Empress Road, Anfield, Liverpool, Merseyside L6 0BX2
£85K01/210.39 mi16, Empress Road, Anfield, Liverpool, Merseyside L6 0BX2
£70.5K10/200.4 mi89, Newcombe Street, Liverpool, Merseyside L6 5AN2
£90K01/230.4 mi42, Empress Road, Anfield, Liverpool, Merseyside L6 0BX2
£60.8K10/200.4 mi16, Clarendon Road, Anfield, Liverpool, Merseyside L6 0BS2
£78.8K04/230.4 mi46, Newcombe Street, Liverpool, Merseyside L6 5AW2
£92K12/200.42 mi34, Hilberry Avenue, Liverpool, Merseyside L13 7ES2
£117.5K02/230.44 mi72, Hilberry Avenue, Liverpool, Merseyside L13 7ET2
£120K02/210.44 mi86, Darmonds Green Avenue, Liverpool, Merseyside L6 0DP2
£90K10/220.46 mi22, Mayfair Close, Anfield, Liverpool, Merseyside L6 5JS2
£149.9K06/210.46 mi35, Darmonds Green Avenue, Liverpool, Merseyside L6 0DW2
£116K12/210.46 mi29, Darmonds Green Avenue, Liverpool, Merseyside L6 0DW2
£135K02/220.5 mi7, Cumberland Close, Liverpool, Merseyside L6 0DJ2
£115K02/230.5 mi43, Snaefell Avenue, Liverpool, Merseyside L13 7HB2
£92.5K01/210.5 mi51, Snaefell Avenue, Liverpool, Merseyside L13 7HB2
£87K12/200.52 mi69, Forfar Road, Liverpool, Merseyside L13 8DX2
£100K04/230.52 mi78, Forfar Road, Liverpool, Merseyside L13 8DX2
£118.5K12/210.52 mi65, Pennsylvania Road, Liverpool, Merseyside L13 9BA2
£70K07/230.52 mi49, Manningham Road, Liverpool, Merseyside L4 2UG2
£81.8K03/230.53 mi68, Holbeck Street, Anfield, Liverpool, Merseyside L4 2UT2
£71K09/200.54 mi41, Rector Road, Liverpool, Merseyside L6 0BY2
£51K08/210.54 mi6, Rector Road, Liverpool, Merseyside L6 0BY2
£62K12/200.54 mi73, Rector Road, Liverpool, Merseyside L6 0BY2
£75K01/230.54 mi48, Holbeck Street, Anfield, Liverpool, Merseyside L4 2UT2
£90K03/230.55 mi7, Morden Street, Liverpool, Merseyside L6 6BA2

Local Rents

50 rents from £450/mo to £2.4K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£75002/240.01 mi-2
£72512/240.02 mi-2
£65003/250.02 mi-2
£70002/250.02 mi-2
£57504/240.02 miGrange Street, Liverpool, Merseyside, L62
£70003/250.02 mi-2
£91510/240.03 mi-2
£70012/240.03 mi-2
£75005/240.05 miMorecambe Street, Liverpool, Merseyside, L62
£75005/240.05 miMorecambe Street, Liverpool, Merseyside, L62
£60005/240.05 mi-2
£67512/240.06 mi-2
£65004/240.06 mi-2
£65004/240.06 mi-2
£65004/240.06 mi-2
£65012/240.06 mi-2
£65007/240.06 mi-2
£65006/240.07 miLower Breck Road, Liverpool, L62
£65006/240.07 mi-2
£65008/240.07 mi-2
£65012/240.09 mi-2
£67504/240.1 miSomerset Place, Tuebrook, Liverpool, L6 4BE2
£67512/240.12 mi-2
£80007/240.12 miDenton Grove, Liverpool, L62
£80008/240.12 mi-2
£75004/240.12 miDenton Grove, Liverpool, Merseyside, L62
£45006/240.13 mi-2
£65005/240.15 miWest Derby Road, LIVERPOOL2
£67507/240.15 miWest Derby Road, Liverpool, L62
£65005/240.15 miWest Derby Road, Liverpool. L62
£81008/240.17 mi-2
£75010/230.17 miNewsham Drive, Liverpool - Available now!2
£69504/240.17 miNewsham Drive, Liverpool2
£70012/240.2 mi-2
£65004/240.21 miSunlight Street, Liverpool, L62
£85007/240.22 miSunlight Street, L6 4AG2
£65007/240.23 miGloucester Road North, Liverpool, Merseyside, L62
£80003/250.25 mi-2
£65007/240.25 miBelmont Grove, Liverpool, L6 4EU2
£75005/240.27 miBreckside Park, Anfield, L62
£90011/240.27 mi-2
£72507/240.28 mi-2
£59506/240.29 miSheil Road, Liverpool, Merseyside, L62
£89507/240.3 miOctober Drive, Liverpool2
£67507/240.3 miOctober Drive, Liverpool, L6 4ET2
£70004/240.31 miRedbourn Street, Liverpool2
£2,44008/240.31 mi-2
£1,06709/240.31 mi-2
£45506/240.32 miWindsor Road, Liverpool, Merseyside, L132
£52508/240.33 miWindsor Road, Tuebrook, Liverpool2

Local Area Statistics

Population in L6

23,668

Population in Liverpool

675,519

Town centre distance

2.83 miles away

Nearest school

0.10 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+46%

Sales demand

Balanced market

Capital growth (5yrs)

+45%

Property History

Listed for £60,000

March 7, 2025

Description

  • Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 03 April 2025 at +
  • Virtual Livestream Online Auction +
  • Lot Number : 62 +
  • Vacant Residential +
  • Freehold +
  • £60,000 + +

A two bedroom middle terraced property benefiting from double glazing and central heating.

Following a scheme of refurbishment works, the property would be suitable for investment purposes with a potential rental income of £9600 per annum.

Situated
Off Rocky Lane in a popular and well established residential location nearby to local amenities, Liverpool Football Club, schooling, Newsham Park and approximately 3 miles from Liverpool city centre.

Ground Floor
Through Lounge/Dining Room, Kitchen, Bathroom/WC

First Floor
2 Bedrooms

Outside
Yard to the Rear

EPC Rating
TBC

Council Tax Band
A.

GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Agent Details

Sutton Kersh Auction, Liverpool - Auction

0151 207 6315

Next Steps?

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