2 Bed Terraced House, Single Let, Liverpool, L9 0JZ, £125,000

Melling Avenue, Liverpool, L9 0JZ - 1 views - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£34K - £223K
Sold Prices/m²£642/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£100,354

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£550 - £875

Rent Estimate

£597

Running Costs/mo

£530

Cashflow/mo

£67

Cashflow/yr

£804

ROI

2%

Gross Yield

6%

Local Sold Prices

49 sold prices from £34K to £223K, average is £95K. £642/m² to £3.6K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£95K10/210.02 mi41, Melling Avenue, Liverpool, Merseyside L9 0JY2
£118K03/230.12 mi104, Eastbourne Road, Walton, Liverpool, Merseyside L9 0JQ2
£105K02/210.12 mi20, Cambridge Road, Walton, Liverpool, Merseyside L9 0LW2
£93K03/210.13 mi34, Ealing Road, Liverpool, Merseyside L9 0LR2
£52.5K06/210.14 mi10, Rowsley Grove, Liverpool, Merseyside L9 0JL2
£85K02/230.15 mi36, Kingswood Avenue, Walton, Liverpool, Merseyside L9 0JW2
£87K02/210.16 mi97, Greenwich Road, Liverpool, Merseyside L9 0JH2
£93K10/230.17 mi61, Kingswood Avenue, Walton, Liverpool, Merseyside L9 0JN2
£95K03/210.19 mi54, Albany Road, Walton, Liverpool, Merseyside L9 0EZ2
£76K08/210.2 mi51, Albany Road, Walton, Liverpool, Merseyside L9 0EY2
£116K01/210.2 mi37, Albany Road, Walton, Liverpool, Merseyside L9 0EY2
£131.3K06/230.36 mi95, Sandy Lane, Walton, Liverpool, Merseyside L9 9AY2
£223K12/220.36 mi12, Kilmore Close, Liverpool, Merseyside L9 0NX2
£112K08/210.4 mi15, Rhodesia Road, Liverpool, Merseyside L9 9BS2
£125K07/240.41 mi18, Wallace Street, Liverpool, Merseyside L9 4SN2
£86K09/230.41 mi14, Acacia Grove, Liverpool, Merseyside L9 9AT2
£78K04/210.41 mi3, Acacia Grove, Liverpool, Merseyside L9 9AT2
£92K04/240.41 mi9, Acacia Grove, Liverpool, Merseyside L9 9AT2
£130K03/240.43 mi76, Rhodesia Road, Liverpool, Merseyside L9 9BU2
£76K03/210.43 mi60, Rhodesia Road, Liverpool, Merseyside L9 9BU2
£130K08/230.43 mi38, Rhodesia Road, Liverpool, Merseyside L9 9BU2
£130K01/230.44 mi101, Rhodesia Road, Liverpool, Merseyside L9 9BT2
£75K03/210.45 mi11, Palace Road, Liverpool, Merseyside L9 4SL2
£145K12/220.48 mi26, Lingfield Close, Netherton, Bootle, Merseyside L30 1BB2
£127K05/240.48 mi98, Rhodesia Road, Liverpool, Merseyside L9 9BX2
£86.5K02/210.49 mi10, Warbreck Avenue, Liverpool, Merseyside L9 4RL2
£210K09/230.5 mi38, Foxhunter Drive, Liverpool, Merseyside L9 0ND2
£110K04/210.51 mi20, Cedar Road, Liverpool, Merseyside L9 9AE2
£66K04/210.51 mi29, Beaver Grove, Liverpool, Merseyside L9 4RT2
£82K06/230.51 mi31, Beaver Grove, Liverpool, Merseyside L9 4RT2
£115K12/200.52 mi38, Red Rum Close, Liverpool, Merseyside L9 9HT2
£104K01/230.52 mi32, Fourth Avenue, Liverpool, Merseyside L9 9DS2
£73K11/200.52 mi48, Fourth Avenue, Liverpool, Merseyside L9 9DS2
£115K10/230.52 mi34, Fourth Avenue, Liverpool, Merseyside L9 9DS2
£115K06/230.52 mi52, Fourth Avenue, Liverpool, Merseyside L9 9DS2
£65K05/230.52 mi31, Fourth Avenue, Liverpool, Merseyside L9 9DS2
£82.5K04/230.52 mi20, Fourth Avenue, Liverpool, Merseyside L9 9DS2
£90K11/200.55 mi80, Park Avenue, Fazakerley, Liverpool, Merseyside L9 9DG2
£107K07/230.56 mi26, Sixth Avenue, Liverpool, Merseyside L9 9DU2
£143K03/220.56 mi2, Lucius Walk, Caistor, Market Rasen, Lincolnshire LN7 6GR2
£85K08/230.62 mi444, Longmoor Lane, Liverpool, Merseyside L9 9BY2
£145K05/240.62 mi24, Bechers Row, Liverpool, Merseyside L9 8EX2
£34K06/210.64 mi10, Peterlee Way, Bootle, Merseyside L30 1SH2
£126K09/230.65 mi16, Durham Way, Bootle, Merseyside L30 1SJ2
£89K09/210.68 mi3, Petersfield Close, Bootle, Merseyside L30 1SG2
£110K10/210.68 mi7, Petersfield Close, Bootle, Merseyside L30 1SG2
£85K11/210.68 mi33, Petersfield Close, Bootle, Merseyside L30 1SG2
£75K07/230.7 mi11, Hartleys Village, Liverpool, Merseyside L9 7AH2
£147.5K07/230.74 mi244, Barlows Lane, Liverpool, Merseyside L9 9JA2

Local Rents

27 rents from £550/mo to £875/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£87505/240.11 mi-2
£80001/250.14 mi-2
£69505/240.15 miKingswood Avenue, Aintree, Liverpool2
£67503/240.16 mi-2
£75002/250.16 mi-2
£69509/230.16 mi-2
£65005/240.17 miKingswood Avenue, Walton, L9 0JN2
£75011/240.17 mi-2
£67505/240.17 miKingswood Avenue, Walton, Liverpool2
£80006/240.19 miAlbany Road,Liverpol, L92
£62510/230.31 mi-2
£65004/250.31 mi-2
£62511/230.31 mi-2
£80005/240.37 mi-2
£75003/240.4 mi-2
£79504/250.4 mi-2
£65005/240.4 miWarbreck Moor, Liverpool2
£69512/230.41 mi-2
£62504/240.49 mi-2
£55005/240.51 miBeaver Grove, Liverpool, Merseyside, L92
£72505/240.52 miFourth Avenue, Liverpool, L92
£75005/240.53 miFourth Avenue, Liverpool, L9 9DS2
£85004/250.54 mi-2
£75004/240.55 miPark Avenue, Fazakerley. L9 9DG2
£87504/240.55 miPark Avenue, Fazakerley, L9 9DG2
£75002/250.59 mi-2
£82504/250.6 mi-2

Local Area Statistics

Population in L9

32,585

Population in Liverpool

675,519

Town centre distance

1.21 miles away

Nearest school

0.30 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £125,000

March 10, 2025

Description

  • No Onward Chain +
  • Two Double Bedrooms +
  • Downstairs Bathroom +
  • Potential Rental Income of £9,540 Per Annum +
  • Rear Garden +
  • Modern Kitchen +
  • Ideal Location +
  • Leasehold - 999 years from 11/11/1988 +
  • Ground Rent £15 Per Annum +
  • EPC Rating - D +

* No Onward Chain - Ideal Investment or Home *

Lyons Estates are delighted to bring to the market this charming two bedroom terraced property, situated on Melling Avenue, L9. This delightful home offers a perfect blend of modern living and classic charm, making it an ideal property for first time buyers, investors or anyone looking for a great opportunity.
This is being sold with the added benefit of no onward chain, making the purchase even smoother.

As you step inside you are greeted by a spacious front lounge, featuring a character bay window that floods the room with natural light, creating a warm and inviting atmosphere. The modern, compact kitchen is ideal, as it features integrated oven, hob and extractor fan and has been finished with part tiled walls.

The rear garden can be accessed from the kitchen. While in need of a bit of TLC, this offers a fantastic opportunity for you to create to create your perfect outdoor space. Whether you envision a lush garden or cosy patio, this could be your perfect outdoor space.

The stylish downstairs bathroom boasts a family bath, low level W/C and wash basin with vanity unit and finished with part tiled walls, adding a touch of elegance to your daily routine. Upstairs, you will find two generously sized bedrooms, providing ample space for rest and relaxation.

For investors, this property presents a great investment opportunity with a potential rental income of £75 per month. This makes it an attractive prospect for those looking to expand their property portfolio.

This location offers a selection of local amenities including shops, school and parks as well as having great transport links in and out of the city.

Don't miss out the opportunity to make Melling Avenue your new home or investment. With its blend of modern features, classic charm, great location and no onward chain, this property is sure to impress. Contact Lyons Estates today to arrange a viewing!

PROPERTY MISDESCRIPTIONS ACT 1991
"The Agent has not tested any apparatus, equipment, fixture, fittings or services, and so does not verify they are in working order, fit for their purpose, or within ownership of the sellers, therefore the buyer must assume the information given is incorrect. Neither has the Agent checked the legal documentation to verify legal status of the property or the validity of any guarantee. A buyer must assume the information is incorrect, until it has been verified by their own solicitors."

"The measurements supplied are for general guidance, and as such must be considered as incorrect. A buyer is advised to re-check the measurements themselves before committing themselves to any expense."

"Nothing concerning the type of construction or the condition of the structure is to be implied from the photograph of the property."

"The sales particulars may change in the course of time, and any interested party is advised to make final inspection of the property prior to exchange of contracts".

MISREPRESENTATION ACT 1967
"These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.

If any interested party wishes to rely upon any information from the agent, then a request should be made and specific written confirmation can be provided. The Agent will not be responsible for any verbal statement made by any member of staff, as only a specific written confirmation should be relied upon. The Agent will not be responsible for any loss other than when specific written confirmation has been requested."

Agent Details

Lyons Estates Ltd, Liverpool

0151 453 4335

Next Steps?

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