2 Bed Flat, Single Let, Liverpool, L8 6AG, £50,000

Apt 16 Mill View, Rutter Street, Liverpool, L8 6AG - 2 views - a month ago

Leasehold
Auction
BTL
ROI: 30%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£95K - £300K
Sold Prices/m²£1.5K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£734/m²

Value Estimate

£61,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£3,700

Total Cash In

£16,200

 

 

Cash Out

 

Rent Range

£695 - £1,200

Rent Estimate

£726

Running Costs/mo

£321

Cashflow/mo

£405

Cashflow/yr

£4,855

ROI

30%

Gross Yield

17%

Local Sold Prices

50 sold prices from £95K to £300K, average is £171K. £1.5K/m² to £3.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£95K09/230.31 mi21, Acorn Court, Liverpool, Merseyside L8 5TA2
£125K10/230.31 mi40, Acorn Court, Liverpool, Merseyside L8 5TA2
£135K06/210.42 mi162, Beresford Road, Liverpool, Merseyside L8 4SQ2
£150K05/230.46 mi65, The Anchorage, Liverpool, Merseyside L3 4DX2
£175K09/230.46 mi91, The Anchorage, Liverpool, Merseyside L3 4DX2
£117.5K07/210.47 mi20, Anglican Court, Liverpool, Merseyside L8 1YY2
£181.6K12/230.48 mi215, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£216K10/200.48 mi267, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£196.8K03/210.48 mi207, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£177K03/240.48 mi249, South Ferry Quay, Liverpool, Merseyside L3 4EE2
£280K02/230.5 mi350, South Ferry Quay, Liverpool, Merseyside L3 4EL2
£122.5K09/230.51 mi20c, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£118.5K01/210.51 mi8a, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£120K05/240.51 mi6b, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£122K10/220.51 mi20d, Upper Parliament Street, Liverpool, Merseyside L8 1TE2
£170K07/230.52 mi214, South Ferry Quay, Liverpool, Merseyside L3 4EH2
£202K08/210.52 mi167, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£214K04/240.52 mi127, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£243K02/240.52 mi85, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£203K09/230.52 mi111, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£200K10/210.52 mi129, South Ferry Quay, Liverpool, Merseyside L3 4EW2
£150K09/230.52 mi8, The Anchorage, Liverpool, Merseyside L3 4DR2
£187.5K08/230.52 mi46, The Anchorage, Liverpool, Merseyside L3 4DR2
£120K02/210.52 mi26, The Anchorage, Liverpool, Merseyside L3 4DR2
£163K11/200.55 mi21, Quebec Quay, Liverpool, Merseyside L3 4EP2
£172K10/200.55 mi7, Quebec Quay, Liverpool, Merseyside L3 4EP2
£170K02/210.55 mi15, Quebec Quay, Liverpool, Merseyside L3 4EP2
£180K11/200.55 mi12, Quebec Quay, Liverpool, Merseyside L3 4EP2
£179K09/230.55 mi30, Quebec Quay, Liverpool, Merseyside L3 4EP2
£175K05/230.55 mi284, South Ferry Quay, Liverpool, Merseyside L3 4EJ2
£165K11/200.55 mi31, Quebec Quay, Liverpool, Merseyside L3 4EP2
£184K03/230.59 mi176, Quebec Quay, Liverpool, Merseyside L3 4ES2
£180K06/210.59 mi151, Quebec Quay, Liverpool, Merseyside L3 4ES2
£177K12/200.59 mi158, Quebec Quay, Liverpool, Merseyside L3 4ES2
£300K03/210.59 mi173, Quebec Quay, Liverpool, Merseyside L3 4ES2
£185K08/210.59 mi169, Quebec Quay, Liverpool, Merseyside L3 4ES2
£183K09/210.59 mi170, Quebec Quay, Liverpool, Merseyside L3 4ES2
£165K05/240.61 mi18, Adler Way, Liverpool, Merseyside L3 4FX2
£210K12/200.61 mi90, Quebec Quay, Liverpool, Merseyside L3 4ER2
£185K07/210.61 mi79, Quebec Quay, Liverpool, Merseyside L3 4ER2
£165K04/230.63 mi247, Ellerman Road, Liverpool, Merseyside L3 4FG2
£150K12/230.63 mi276, Ellerman Road, Liverpool, Merseyside L3 4FG2
£141K11/230.63 mi277, Ellerman Road, Liverpool, Merseyside L3 4FG2
£112K04/240.63 mi284, Ellerman Road, Liverpool, Merseyside L3 4FG2
£183K08/230.63 mi297, Ellerman Road, Liverpool, Merseyside L3 4FG2
£150K01/230.64 mi78, Ellerman Road, Liverpool, Merseyside L3 4FD2
£132.5K02/230.64 mi91, Ellerman Road, Liverpool, Merseyside L3 4FD2
£135K10/210.65 mi87, Ellerman Road, Liverpool, Merseyside L3 4FD2
£127.5K03/210.65 mi357, Ellerman Road, Liverpool, Merseyside L3 4FH2
£135K08/210.65 mi334, Ellerman Road, Liverpool, Merseyside L3 4FH2

Local Rents

50 rents from £695/mo to £1.2K/mo, average is £970/mo.

RentDateDistanceAddressBeds 
£69503/250.01 mi-2
£1,03004/240.2 miPrinceton Place, Liverpool, Merseyside, L82
£99005/240.2 miPrinceton Place, Liverpool, Merseyside, L82
£97004/240.2 miPrinceton Place, Liverpool, Merseyside, L82
£95003/240.21 miPrinceton Place, Liverpool, Merseyside, L82
£1,01005/240.23 miPrinceton Place, Liverpool, Merseyside, L82
£1,00005/240.24 miNeptune Place, Liverpool, L82
£1,00005/240.24 mi-2
£72512/240.26 miDorrit Street, Liverpool2
£80006/240.26 mi-2
£80012/240.26 mi-2
£80012/240.26 mi-2
£97004/240.28 miPrinceton Place, Liverpool, Merseyside, L82
£1,00006/240.3 miGrafton Street, Liverpool2
£90003/240.31 miSefton Street, Liverpool, Merseyside, L82
£88004/240.31 miSefton Street, Liverpool, Merseyside, L82
£85012/240.31 miSefton Street, L82
£95004/240.31 mi-2
£95004/240.31 mi-2
£85006/240.32 mi-2
£95004/240.33 mi-2
£95006/240.33 mi-2
£90004/240.33 mi-2
£77504/240.33 mi-2
£79505/240.33 miKaber Court, Liverpool2
£77505/240.33 miKaber Court, Horsfall Street, Dingle, Liverpool, L82
£75005/240.33 miKaber Court, Liverpool, Merseyside, L82
£85005/240.33 miKaber Court, Horsfall Street, Dingle, Liverpool, L82
£80005/240.34 miWindsor Street, L82
£89512/240.36 mi-2
£1,10006/240.36 miOne Baltic Square, Neptune Place L82
£1,10006/240.36 miOne Baltic Square, Neptune Place L82
£1,07505/240.36 mi-2
£89505/240.37 mi-2
£1,12004/240.37 mi-2
£89505/240.37 miOne Baltic Square, Liverpool, L82
£1,00004/240.37 miNeptune Place, Liverpool2
£99505/240.37 miNeptune Place, Grafton Street, Liverpool2
£1,10004/240.37 miNeptune Place, Liverpool, L82
£1,00004/240.37 mi-2
£1,05005/240.37 miNeptune Place, Grafton Street, Liverpool2
£1,10005/240.37 miNeptune Place, Liverpool, Merseyside, L82
£1,00005/240.38 miOne Baltic Square L82
£1,00005/240.38 miOne Baltic Square L82
£1,05005/240.38 mi-2
£1,10005/240.38 mi-2
£1,05005/240.38 miNeptune Place, Liverpool, L82
£1,10005/240.38 miNeptune Place, Liverpool, L82
£1,20006/240.38 miNeptune Place, Liverpool, Merseyside, L82
£1,10005/240.38 miOne Baltic Square L82

Local Area Statistics

Population in L8

32,039

Population in Liverpool

675,519

Town centre distance

4.95 miles away

Nearest school

0.10 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+28%

Sales demand

Balanced market

Capital growth (5yrs)

+50%

Property History

Listed for £50,000

March 12, 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 : 11 +
  • Residential Investment +
  • Leasehold +
  • £50,000 + +

A fourth floor 2 bedroomed self contained apartment benefiting from double glazing, electric storage heating, lift access to all floors and communal parking and views across the City.

The property is currently let by way of an Assured Shorthold Tenancy Agreement producing a rental income of £9,600 per annum. The property is in good condition.

Situated
fronting Mill Street in a well established residential location within a short walking distance to The Baltic Market and other popular and local amenities and approximately 2 miles from Liverpool City Centre.

Ground Floor
Main Entrance Hallway.

Fourth Floor
Flat - Hall, Lounge, Kitchen, 2 Bedrooms, Bathroom, Separate WC.

Outside
Communal Parking.

EPC Rating
C.

Council Tax Band
A.

Tenure
Leasehold
Term: 125 years less 3 days from 30 March 2012

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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