# 2 bedroom apartment for rent (L37 3HS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2, FRESHFIELD COURT, OLD TOWN LANE, LIVERPOOL, FORMBY, MERSEYSIDE L37 3HS |
| Price | £950 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 77 m² |
| Last sold | £190,000 Oct 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** D
- **Expiry date:** 18/09/2034
- **Current heating cost:** £1,100/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0380-2311-8410-2194-7255)

## Description

Welcome to this charming two-bedroom apartment located on Old Town Lane in the picturesque area of Formby, Liverpool. 

Situated on the first floor, this property boasts a cosy reception room perfect for relaxing or entertaining guests. With two well-appointed bedrooms, there is ample space for those who enjoy having a guest room or home office.

The apartment features a modern bathroom, ideal for unwinding after a long day. Additionally, the convenience of private parking, including a garage, ensures that parking will never be an issue for you or your visitors.

Located close to the quaint Formby Village, you'll have easy access to local amenities, charming cafes, and beautiful green spaces for leisurely strolls. Whether you're looking for a peaceful retreat or a vibrant community to be a part of, this apartment offers the best of both worlds.

Don't miss out on the opportunity to make this lovely apartment your new home. Contact us today to arrange a viewing and envision yourself living in this delightful property in Formby.

Deposit: £1095.00

Minimum Term: 6 Months

Council Tax Band: C

**External** - 

**Lounge** - 

**Kitchen** - 

**Master Bedroom** - 

**Bedroom** - 

**Bathroom** -

## Property Photos

- ![External](/listings/photos/154573067/1590456) - External
- ![Lounge](/listings/photos/154573067/1590457) - Lounge
- ![Kitchen](/listings/photos/154573067/1590458) - Kitchen
- ![Lounge](/listings/photos/154573067/1590459) - Lounge
- ![Master Bedroom](/listings/photos/154573067/1590460) - Master Bedroom
- ![Bathroom](/listings/photos/154573067/1590461) - Bathroom
- ![Bedroom](/listings/photos/154573067/1590462) - Bedroom
- ![fc garage.jpg](/listings/photos/154573067/1590463) - fc garage.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/154573067/1590464) - EE Rating

## Rental Range

*ONS Price Index of Private Rents (Sefton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £839/mo
- **Realistic:** £932/mo
- **Optimistic:** £1,025/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Southport (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £598/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Old Town Court, L37 | £825/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed End Terrace, Willow Grove, L37 | £1,150/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Bungalow, Beech Drive, L37 | £1,100/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Flat, Church Road, L37 | £799/mo | 2 | 0.58 miles | OpenRent |
| 2 Bed Semi-Detached House, Cable Street, L37 | £1,300/mo | 2 | 0.6 miles | OpenRent |
| 2 Bed Flat, Smithy Green, L37 | £900/mo | 2 | 0.81 miles | OpenRent |
| 2 Bed Flat, Formby, L37 | £1,095/mo | 2 | 0.84 miles | OpenRent |
| 2 Bed Bungalow, Crown Close, L37 | £1,200/mo | 2 | 0.93 miles | OpenRent |

**Average rent: £1,046/mo (8 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,098/mo).*

- **Gross yield:** 1386.9%
- **Monthly cashflow:** £959/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4179.1%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £12/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)