2-bedroom flat · L40 5UX
Listing removedListed 122 days
Opportunity summary
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About
Tenure: Leasehold Affordable Housing The property is being offered for sale using a discounted sale tenure which enables buyers to own 100% of the home while paying just 63% of its open market value.
This is an affordable housing opportunity, and eligibility criteria apply, including limits on household income and savings.
As a general guide, applicants should have a gross household income between £32,000 and £35,000, and household savings should not exceed £14,000.
For full details of the application process and other criteria that apply then please contact our office" Situated within the popular Ainscough Mill development, this well presented second floor apartment offers modern and convenient living, perfectly positioned within walking distance to local village amenities and transport links.
The accommodation comprises a welcoming entrance hall, a open plan lounge and kitchen area, two generous double bedrooms, with the principal bedroom benefiting from a private en-suite, along with a modern bathroom.
Externally, the property benefits from allocated parking and well maintained communal gardens, providing attractive outdoor surroundings.
Offered as part of the Affordable Housing Scheme, this is a fantastic opportunity for eligible purchasers to step onto the property ladder and enjoy contemporary living within a sought after development.
EPC Rating: C Location Use L40 5UX for satnav Entrance Hall Front door into hallway with doors leading to storage, lounge kitchen, both bedrooms and bathroom.
Lounge (4.73m x 3.24m) Window to rear and open plan into kitchen. Kitchen (3.08m x 2.36m) A good range of eye and low level units incorporating a stainless steel sink and drainer unit.
Built in electric hob and oven with extraxtor built over, integrated fridge, freezer and washing machine. Laminate flooring and open plan into lounge.
Bedroom One (2.62m x 2.64m) Window to rear and door into en-suite.
En-Suite (1.51m x 1.50m) Three piece suite comprising double shower cubicle with mixer shower over, pedestal wash hand basin and low level WC. Heated towel rail and laminate flooring.
Bedroom Two (4.05m x 2.35m) Window into hall - frosted. Bathroom (2.26m x 1.90m) Three piece suite comprising panelled bath, pedestal wash hand basin and low level WC.
Heated towel rail and laminate flooring. Communal Garden Communal garden with patio area and lawn, overlooking canal. Parking - Allocated Parking Allocated parking for 1 vehicle.
Value & comps
No previous sales on record.
Returns
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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.
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About Apt 25, Ainscough Mill, Ormskirk
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