1-bedroom flat · L34 5TH
For saleListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £50,000 Situated within a charming and characterful church conversion just off Eccleston Street in the heart of Prescot, this well-presented one-bedroom self-contained apartment offers an excellent investment opportunity.
Currently achieving £600 per calendar month in rental income, the property provides an immediate return for investors seeking a ready-made buy-to-let with an established tenant demand in a convenient town centre location.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law. Entrance Hall Electric radiator.
Built in airing cupboard. Kitchen/Lounge (3.94m x 3.51m (12'11 x 11'6)) Two windows to the front and a decorative porthole window. Laminate wood effect flooring.
Fitted with a range of wall and base units comprising of cupboards, drawers and contrasting work surfaces and incorporating a single bowl sink unit with mixer tap.
Integral appliances include an electric hob, electric oven, extractor hood, fridge freezer and washing machine. Tiled splashbacks. Electric radiator.
Bedroom (3.81m max x 3.28m (12'6 max x 10'9)) Two windows to the front aspect and velux window. Electric radiator. Bathroom Ceramic tiled flooring.
Fitted with a three piece suite comprising of a panelled bath with shower attachment and glass screen, a pedestal wash hand basin and a low level wc. Heated towel rail.
External The property has communal gardens Agents Notes The property is leasehold. The length of the lease is 125 years from 2006. The service charge is £144.73 per month.
Some images may include ai-assisted enhancements to improve lighting and presentation.
These images are intended for marketing purposes only and may not fully reflect the property’s current appearance. Prospective buyers are advised to view the property in person.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 18, Meribel Square, Prescot
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