2-bedroom house · PR8 2RB
For saleListed 291 days
Opportunity summary
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About
This retirement flat is situated on the second floor of a purpose built development of shared ownership flats aimed at buyers over 55 years of age.
The development is situated in the centre of Ainsdale Village, which has an exciting variety of independent, local shops, cafes, restaurants and the railway station within a short walking distance.
The centrally heated and double glazed accommodation briefly includes; a communal entrance hall, stairs and lift to the second floor, private entrance hall, lounge with south facing balcony, dining kitchen, two bedrooms and a shower room.
This flat is offered for sale on a 70% shared equity basis and no rent charge is due on the remaining 30%. No chain delay. Communal Entrance Entry phone system, stairs and lift to the second floor.
Second Floor Private Entrance Hall Entry phone handset, useful storage cupboard.
Lounge - 5.18m x 3.73m (17'0" x 12'3") Fire surround with electric fire, Upvc double glazed sliding door and side screen leading to a south facing balcony with views over front garden and towards Ainsdale Village.
Dining Kitchen - 3.78m x 2.26m (12'5" x 7'5") Upvc double glazed windows to front and side.
Single drainer sink unit and mixer tap, a range of base units with cupboards and drawers, wall cupboards and working surfaces. Plumbing for washing machine.
Utility Room - 1.22m x 1.68m (4'0" x 5'6") Upvc double glazed window, 'Worcester' gas central heating boiler. Airing cupboard with water cylinder.
Bedroom 1 - 3.76m x 3.76m (12'4" x 12'4") Upvc double glazed window. Bedroom 2 - 3.76m x 2.18m (12'4" x 7'2") Upvc double glazed window.
Shower Room - 2.44m x 2.11m (8'0" x 6'11") Shower enclosure with thermostatic shower, pedestal wash hand basin, low level Wc. Upvc double glazed window. Outside Communal gardens to front and rear.
Car parking is available on a first come first serve basis. Service Charge We understand that the current service charge is £226 per month and is due to be lowered to £206 from the 1st April.
We are also advised that the Managing Agents are currently obtaining quotes for the replacement of the lift.
This is a development of shared ownership, retirement flats with a minimum age of 55 years but all owners need to be retired.
This flat represents a 70% shared ownership and there is no rent charge on the remaining 30%.
Council Tax Sefton MBC band C Tenure Leasehold for the term of 99 years from and including 10 September 2014.
Note In accordance with the Estate Agents Act we would advise that the seller is a relative of an employee of Chris Tinsley Estate Agents.
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Value & comps
No previous sales on record.
Returns
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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 Mountwood Lodge, Shore Road, Ainsdale, PR8 2RB
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