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See how verdicts work2-bedroom flat · WN8 8BQ
Sold STCReduced £7k (−6%) on 13 AugListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire a modern two-bedroom first-floor apartment, situated in the highly desirable area of Parkside Avenue, in Old Skelmersdale.
The property is accessed via a secure intercom entry system, with communal stairs leading to the first floor.
Upon entering, you are welcomed by an entrance hallway which leads through to a spacious open-plan lounge/diner and also the modern fitted kitchen.
Patio doors from the living area opens up a Juliet balcony, allowing plenty of natural light.
The apartment further benefits from two well-proportioned bedrooms and also a fitted family bathroom which is complete with a bath and overhead shower, WC, and hand basin.
Externally, the property offers the added advantage of two allocated parking spaces. No chain!
Leasehold Information - £195 per month leasehold charge £150 per year ground rent Length of leasehold tbc Property Measurements Hallway - 2.19m x 1.22m Kitchen - 2.84m x 2.40m Lounge / Dining Room - 4.43m x 4.35m Bedroom One - 4.54m x 3.19m Bedroom Two - 3.22m x 2.19m Bathroom - 2.40m x 1.49m
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
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FAQ
About 21, Parkside Avenue, Skelmersdale
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