2-bedroom flat · L37 2FE
Sold STCListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately Presented FIRST-FLOOR APARTMENT – No Onward Chain Offered with NO ONWARD CHAIN, this stylish first-floor apartment is beautifully presented throughout and forms part of a modern Redrow development, completed in 2021.
With only one owner from new, the property offers turn-key condition and thoughtful upgrades in both finish and design.
The accommodation comprises an OPEN-PLAN LIVING, KITCHEN and DINING AREA, which has been tastefully enhanced with sleek contemporary touches, including bespoke slatted wood feature walls, luxury flooring, and plantation shutters.
The kitchen is fitted with a range of high-gloss units and integrated appliances, providing a seamless, modern finish.
There are TWO WELL-PROPORTIONED BEDROOMS, with the main room benefitting from FITTED MIRROR WARDROBES. The BATHROOM is smartly appointed with a white three-piece suite and over-bath shower.
The property enjoys TWO ALLOCATED PARKING spaces. There is also a useful bin and bike store. Key Features: • Council Tax Band C – £2,183 p.a. • Grounds Maintenance – approx. £885.36 p.a.
• Leasehold – 999 years from [start date TBC] • Ground Rent – [amount TBC] • Service Charge – [amount TBC]
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 Grangewood Close, Sanderling Park, Formby, L37
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