2 Bed Flat, Single Let, Liverpool, L11 9AP, £55,000

Storrington Avenue , Liverpool, L11 9AP - 4 years ago

Leasehold
BTL
ROI: 29%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£41K - £175K
Sold Prices/m²£643/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£808/m²

Value Estimate

£67,100
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Total Cash In

£17,700

 

 

Cash Out

 

Rent Range

£495 - £975

Rent Estimate

£775

Running Costs/mo

£347

Cashflow/mo

£428

Cashflow/yr

£5,138

ROI

29%

Gross Yield

17%

Local Sold Prices

50 sold prices from £41K to £175K, average is £83.3K. £643/m² to £2.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£79K08/230.62 mi324a, Long Lane, Walton, Liverpool, Merseyside L9 6DG2
£155.2K08/220.95 mi114, Longdown Road, Liverpool, Merseyside L10 4UT2
£73.5K02/221.14 mi39, Mater Close, Walton, Liverpool, Merseyside L9 6EP2
£87K12/231.15 mi37, Mater Close, Walton, Liverpool, Merseyside L9 6EP2
£127K09/211.17 mi3, Castle Keep, Liverpool, Merseyside L12 5LD2
£175K09/221.17 mi9, Castle Keep, Liverpool, Merseyside L12 5LD2
£69.5K07/221.19 mi44, Gribble Road, Liverpool, Merseyside L10 7NF2
£111.5K11/201.19 miFlat 20, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£114K10/201.19 miFlat 12, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£127.5K04/231.19 miFlat 6, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£105K04/221.19 miFlat 9, Field House, Haymans Green, West Derby, Liverpool, Merseyside L12 7LA2
£75K09/231.25 mi17, Harbreck Grove, Liverpool, Merseyside L9 6GB2
£100K12/201.26 mi37, Berkley Avenue, West Derby, Liverpool, Merseyside L12 4YS2
£53K11/201.28 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£95.5K01/231.29 mi159, Melwood Drive, Liverpool, Merseyside L12 4XG2
£53K11/201.29 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£53K11/201.29 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£53K11/201.29 mi153, Melwood Drive, Liverpool, Merseyside L12 4XG2
£81K03/231.29 mi9, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£90K07/231.29 mi14, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£80K04/231.29 mi1, Carlake Grove, Walton, Liverpool, Merseyside L9 6GF2
£90K01/221.31 mi10, Mond Road, Liverpool, Merseyside L10 7LJ2
£172K05/221.35 mi21, Crosby Green, Liverpool, Merseyside L12 7JY2
£75K08/231.35 mi30, Moor Court, Liverpool, Merseyside L10 0AS2
£80K09/221.36 mi4, Moor Court, Liverpool, Merseyside L10 0AS2
£76K06/211.37 mi8, Larchtree Mews, Liverpool, Merseyside L12 4ZA2
£95K03/221.38 mi4, Glan Aber Park, Liverpool, Merseyside L12 4YP2
£90K11/221.48 mi131, Colonel Drive, Liverpool, Merseyside L12 4YG2
£85K04/211.48 mi83, Colonel Drive, Liverpool, Merseyside L12 4YG2
£82.5K05/211.48 mi51, Colonel Drive, Liverpool, Merseyside L12 4YG2
£84K11/201.48 mi117, Colonel Drive, Liverpool, Merseyside L12 4YG2
£90K06/221.49 mi51, Colonel Drive, Liverpool, Merseyside L12 4YG2
£82K10/211.51 mi8j, Chelsea Court, Liverpool, Merseyside L12 6RS2
£76K12/201.51 mi8a, Chelsea Court, Liverpool, Merseyside L12 6RS2
£88K08/211.56 mi24, Hartington Road, West Derby, Liverpool, Merseyside L12 8QW2
£117.5K01/231.58 mi57, Brigadier Drive, Liverpool, Merseyside L12 4WU2
£85K07/211.62 mi74, Darley Drive, Liverpool, Merseyside L12 8QR2
£130K10/221.63 mi10, Beech Park, West Derby, Liverpool, Merseyside L12 1LP2
£130K07/221.64 mi74, Darley Drive, Liverpool, Merseyside L12 8QR2
£45K09/211.73 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£45K09/211.73 mi86, Cherry Lane, Liverpool, Merseyside L4 8SE2
£65K08/211.73 mi5a, Muirhead Avenue, Liverpool, Merseyside L13 9BG2
£41K08/211.9 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£48K04/211.9 miApartment 7, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£41K08/211.9 miApartment 3, Denver Park, Denver Road, Liverpool, Merseyside L32 4RZ2
£124K12/211.9 mi6, Gorse Hey Court, Liverpool, Merseyside L13 0DF2
£82K08/211.91 mi5, Gorse Hey Court, Liverpool, Merseyside L13 0DF2
£107K05/211.91 mi269, Longmoor Lane, Liverpool, Merseyside L9 9EN2
£78K10/211.92 mi31, Rye Grove, Liverpool, Merseyside L12 9NF2
£56K09/231.92 mi6, Marnwood Walk, Liverpool, Merseyside L32 5TS2

Local Rents

16 rents from £495/mo to £975/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£77506/240.18 miStorrington Avenue, Liverpool2
£77506/240.18 miStorrington Avenue, Liverpool2
£77507/240.18 miStorrington Avenue, Liverpool2
£77502/240.25 mi-2
£77502/240.25 mi-2
£85004/240.27 miCarr Lane East, Liverpool2
£80005/240.3 miCarr Lane, West Derby, Liverpool, Merseyside, L112
£49505/230.41 mi-2
£87505/240.49 miMarshgate Road, Liverpool, Merseyside, L122
£87505/240.49 miMarshgate Road, Liverpool, Merseyside, L122
£95005/240.54 miGalingale Road, L112
£97506/240.54 miGalingale Road, Norris Green, Liverpool, L112
£80009/240.56 mi-2
£87504/240.56 miPaprika Drive, Liverpool, L11 2AZ2
£95005/240.56 miPaprika Drive, Norris Green Phase 3, L112
£97506/240.56 miPaprika Drive, Norris Green, Liverpool, L112

Local Area Statistics

Population in L11

25,335

Population in Liverpool

675,519

Town centre distance

2.73 miles away

Nearest school

0.10 miles away

Nearest train station

1.61 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £55,000

February 11, 2021

Floor Plans

Description

  • Duplex Apartment +
  • Two Spacious Bedrooms +
  • Spacious Living Space +
  • Ideal Investment +
  • Tenant in Situ +
  • Local Amenities nearby +
  • Access to Transport Links +
  • Easy Access to Liverpool City Centre +
  • EPC GRADE = E +

Brought to the Market by Martin & Co is this two bedroom duplex apartment in the well know area of Croxteth. Ideal for anyone looking for an investment as this property is already occupied with a sitting tenant. Situated a walk away from East Lancashire Road where you will find all amenities such as shops, schools and transport links to and from the City Centre. Compromising: Hallway, Spacious Lounge, Kitchen, two bedrooms to the upper floor and bathroom. Call Now To Arrange Your Appointment!
EPC GRADE = E
Council Tax Band- A
Leasehold- 108 years
Service charge -£1840 pa
Ground rent -£50.00 pa

All measurements are approximate and cannot be relied upon for any future purpose and no liability is taken for any errors. 

HALLWAY Main access to flat and access to storage cupboard.  

LOUNGE 15' 3" x 10' 10" (4.669m x 3.321m) Good sized living area with UPVC windows, power points, radiator and door for access to upstairs floor.  

KITCHEN 8' 7" x 10' 8" (2.640m x 3.256m) Having a range of wall and base units with worktop over, stainless steel sink and drainer, UPVC double glazed window, Space for cooker, washing machine and fridge freezer, part tiled walls and power point. 

BEDROOM ONE 12' 2" x 10' 10" (3.725m x 3.314m) This spacious master bedroom has a window overlooking to rear of the building, radiator, storage cupboard and power points  

BEDROOM TWO 12' 5" x 8' 6" (3.792m x 2.601m) This bedroom has a patio styled door leading to balcony, electric heater and power points.  

BATHROOM 12' 5" x 5' 1" (3.796m x 1.554m) This spacious bathroom has tile effect flooring, low flush WC, panelled bath, pedestal sink and UPVC double glazed frosted window.  

ADDITIONAL INFORMATION Located on a coalfield- No
Mobile coverage- Yes
Flood risk status- Very low risk of flooding

Agent Details

Martin & Co, Liverpool South

0151 453 2300

Next Steps?

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