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See how verdicts work2-bedroom flat · L39 4XF
For saleListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Redwing are pleased to bring to the market this first floor two-bedroom apartment located within the popular Millers Court development Ideally positioned within walking distance to Ormskirk town centre and the local amenities.
The property has its own private entrance with intercom and further benefits from residents parking, double glazing, gas fired central heating system, communal gardens.
Comprising a hall, Lounge, kitchen, two bedrooms and a shower room.
EPC Grade D.**70% shared ownership - over 55's** Shared ownership You are buying a 70% Share of this property for £77,000 Service Charge = £116.11 pcm The lease Lease: Surrender and regrant - New 99 year lease issued on completion, additional fees will apply EPC grade ; D
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
FAQ
About 7, Millers Court, Lancashire
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