Property · PR9 9TL
For saleListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
From Marshside Road, there is the existing church building, with car parking forecourt and access to the side.
We understand the Church buildings extend to approximately 10,000 sq ft and occupy a site of 0.52 acres or thereabouts.
The amalgamed Church buildings comprise the original chapel of worship (which we understand dates back to 1876 and extends to approximately 2,145 square feet), the church hall, library, offices and former caretaker's flat.
These extend to approx. 5,335 sq ft. Finally, the kitchens, rear hall, classrooms and toilets, total approx. 2,521 sq ft.
To the rear of this cluster of Church buildings, there is a parcel of predominantly flat and cleared land extending to c.
1.34 acres, which historically we understand was used for overflow car parking and is understood to not have been used for a number of years.
There is also a single width access off Radnor Drive, which leads to a hardstanding car parking area. Proposal: The existing Church is not Listed but is considered a local heritage asset.
A copy of a structural report by Keskin Consulting Structural Engineers is available on request, detailing structural issues with the existing building which concludes that in excess of £750,000 plus VAT & fees may be required to restore the building.
Offers are invited on a 'subject to planning' basis with the assumption of complete of redevelopment and vacant possession. All offers will be considered on their individual merits.
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
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FAQ
About Cornerstone Methodist Church, Marshside Road, Churchtown, Southport
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