We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio flat · L22 1RJ
Listing removedListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Consideration: Rental Income: £56,631 p.a.
Gross Initial Yield: 8.33% VAT is NOT applicable to this property Comprises three-storey residential block of 6 apartments (4 x 1-Bed and 2 x 2-Bed) Situated within 5 min walk from Waterloo Station, which has regular services to Liverpool Central (18 minutes).
Property Description: Comprises semi-detached residential block of 6 newly refurbished apartments (4 x 1-Bed and 2 x 2-Bed).
The property benefits from communal garden at front and rear and provides the following accommodation and dimensions: Apartment 1: 45 sq m (485 sq ft) - Ground/First Floor 2 Bedrooms, kitchen, living room, bathroom Apartment 1A: 54 sq m (581 sq ft) - Ground/First Floor 1 bedroom, kitchen/living room, bathroom Apartment 1B: 56 sq m (603 sq ft) - Ground/First Floor 1 bedroom, kitchen/living room, bathroom Apartment 2: 47 sq m (506 sq ft) - First Floor 1 bedroom, kitchen/living room, bathroom Apartment 3: 39 sq m (420 sq ft) - Second Floor 1 bedroom, kitchen/living room, bathroom Apartment 4: 72 sq m (775 sq ft) - Second Floor 2 Bedrooms, kitchen, living room, bathroom Total GIA: 313 sq m (3,370 sq ft) Tenancy: Apartment 1 is at present let on AST to an Individual at a current rent of £9,600 p.a.
Deposit held of £899. Apartment 1A is at present let on AST to an Individual at a current rent of £9,000 p.a. Deposit held of £865.
Apartment 1B is at present let on AST to an Individual at a current rent of £9,300 p.a. Deposit held of £894. Apartment 2 is at present let on AST to an Individual at a current rent of £9,891 p.a.
Deposit held of £905. Apartment 3 is at present let on AST to an Individual at a current rent of £8,340 p.a. Deposit held of £801.
Apartment 4 is at present let on AST to an Individual at a current rent of £10,500 p.a. Deposit held of £1,009.
Location: Waterloo is a densely populated suburb of Liverpool located on the coast overlooking Liverpool Bay approximately 5 miles north of the city centre and in close proximity to the A565 and A5758, linking the town to both the M57 and M58 motorways.
The property is situated within 5 min walk from Waterloo Station, which has regular services to Liverpool Central (18 minutes).
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2 Alexandra Road, Waterloo, Liverpool, L22 1RJ
Explore nearby