1-bedroom flat · CH62 2EJ
Listing removedListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale with tenant in situ, this well-presented one-bedroom ground floor flat represents an excellent buy-to-let investment opportunity in a popular and well-established residential area of Bromborough.
The property is currently let, generating a rental income of £495 per calendar month (£5,940 per annum), providing immediate income from completion.
The flat is well maintained throughout, meaning ongoing costs are expected to be minimal in the short to medium term.
Further enhancing the investment appeal is the separate garage, which has previously been let for £50 per calendar month (£600 per annum), offering clear potential to increase overall rental income.
Income Summary • Flat rent: £495 pcm / £5,940 pa • Garage income potential: £50 pcm / £600 pa • Total potential income: £545 pcm / £6,540 pa • Service charge: £70 pcm (£840 pa) • Net income (after service charge): £5,700 pa Based on the asking price, the property offers an approximate gross yield of 8.7% and an adjusted net yield of circa 7.6% after service charge deductions.
Occupying a ground floor position, the property appeals to a broad tenant base including professionals and downsizers, supporting strong rental demand.
Bromborough continues to perform well as a rental location due to excellent transport links, local amenities, and proximity to major employment centres.
An ideal addition to an existing portfolio or a straightforward first-time investment, with income in place from day one. Tenure: Leasehold Council Tax Band: A
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 advisors 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 21, Hornby Court, Merseyside
Explore nearby