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See how verdicts work3-bedroom flat · PR8 1PW
For saleReduced £25k (−17.9%) on 26 OctListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generously proportioned three-bedroom flat, perfectly situated on the iconic Lord Street and with all the Town Centre amenities on the doorstep.
This third-floor apartment, accessible via a lift, presents an exciting opportunity for modernisation with the accommodation including; communal entrance with entryphone, lift to the third floor, private hall, lounge/dining room with a balcony, kitchen, there are three bedrooms, one could be used as a study, and a shower room.
A unique and exciting feature is that this flat comes with a garage, and this is extremely rare. No Chain Delay. Communal Entrance Entry phone system, lift and stairs to the third floor.
Private Entrance Hall Entry phone handset, cloaks cupboard with sliding doors, electric heater.
Lounge/Dining Room - 5.49m x 3.43m (18'0" x 11'3" extending to 14'3") Two UPVC double glazed windows overlooking Nelson Street, UPVC double glazed door to a balcony overlooking Nelson Street.
'Dimplex' electric radiator and entry phone handset. Bedroom Three or Study - 3.2m x 3.25m (10'6" x 10'8") UPVC double glazed window with views over Lord Street. Electric radiator.
Kitchen - 3.33m x 2.34m (10'11" x 7'8") UPVC double glazed window with single drainer stainless steel sink unit below.
A range of base units with cupboards and drawers, wall cupboards, working surfaces, tiled walls, four ring ceramic hob with cooker hood above and electric oven below.
Space for a washing machine and fridge freezer.
Bedroom One - 2.79m x 2.79m (9'2" extending to 11'0" x 9'2" extending to 11'0") UPVC double glazed window, a range of built in fitments including wardrobes, knee hole dressing table and drawers.
Electric wall radiator. Bedroom Two - 3.71m x 3.45m (12'2" x 11'4" overall measurements) UPVC double glazed window overlooking Lord Street, built in wardrobes, dressing table and drawers.
Electric radiator. Bathroom - 2.08m x 1.91m (6'10" x 6'3") White suite including corner entry shower enclosure, 'Triton' electric shower, pedestal wash hand basin, low level WC.
Part wall tiling, electric shaver point, extractor, cylinder cupboard and electric towel rail/radiator.
Garage - 4.88m x 3.61m (16'0" x 11'10") A particular feature of this flat is the garage, there is a very limited number of garages in the development and they are rarely available to buy.
It is garage number 6, with an up and over door and measuring 4.88m x 3.61m (16'0" x 11'10"), and has a useful storage recess.
Service Charge We understand that the maintenance of the development is managed by Lynn Thompson of Hoghton Street Southport and the current service charge is in the region of £180 per month.
Council Tax Sefton MBC Band B Tenure Leasehold for 999 years from 24 June 1977 with an annual Ground Rent of £30.00.
The garage is also Leasehold for 999 years from 24 June 1977 with an annual ground rent of £5.00.
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Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Viceroy Court, Lord Street, Southport, PR8
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