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See how verdicts work2-bedroom flat · PR9 0HN
For saleReduced £10k (−8.7%) on 26 OctListed 401 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN - An excellent opportunity has arisen to purchase a well proportioned apartment which is located to the ground floor, occupying an ideal location adjacent to the Promenade and Marine Lake.
The gas centrally heated and double glazed accommodation is in need of general modernisation and briefly comprises Hall, front Lounge/Dining Room, two double Bedrooms and Bathroom.
To the front of the development there is communal parking whilst to the rear there is an established garden for the residents' share enjoyment.
Knowsley Road is located off Albany Road which, in turn, is located off the Promenade, adjacent to the Marine Lake.
The many amenities of Southport Town Centre are readily accessible together with Hesketh Park and the Municiple Golf Course.
Ground Floor: Hall Lounge/ Dining Room - 5.49m x 2.87m (18'0" x 9'5") plus bay Kitchen - 3.18m x 2.06m (10'5" x 6'9") Bedroom 1 - 3.35m x 3.33m (11'0" x 10'11") Bedroom 2 - 3.2m x 2.84m (10'6" x 9'4") Bathroom - 2.34m x 1.68m (7'8" x 5'6") Council Tax: Enquiries made of the Council Tax Valuation List indicate the property has been placed in Band (A).
Tenure: Leasehold for the residue of a term of 999 years from 1st January 1986, subject to an annual ground rent of £35. Service Charge: We are advised the service charge is £420 per annum.
This includes lighting of communal areas and gardening.
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Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Knowsley Road, Southport
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