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See how verdicts work1-bedroom flat · L34 1LQ
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD VIA ONLINE AUCTION ON SEPTEMBER 30TH – OCTOBER 1ST 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS 16A West Street, Prescot, L34 1LQ An excellent buy-to-let opportunity comprising a spacious split-level converted apartment, conveniently situated on West Street in the popular Prescot area.
The property is well placed for local shops, recreational facilities and excellent road and public transport connections.
The accommodation comprises an entrance hallway, split-level landing, bright and spacious lounge, fitted kitchen, double bedroom and generously sized fitted bathroom.
French doors open onto a balcony seating area, while a staircase leads to a substantial loft room with Velux windows and ample under-eaves storage.
The property is currently let at £650 per calendar month, producing £7,800 per annum. We have been advised that a Section 13 notice has been served to increase the rent to £750 per calendar month.
If implemented, this would produce £9,000 per annum and represent a gross rental yield of approximately 11.25% based on the guide price.
However, we are yet to see a copy of the Section 13 notice, and prospective purchasers should refer to the legal pack and satisfy themselves regarding the tenancy and rental position.
With an established tenant already in occupation, the property offers investors an immediate rental income from completion.
Its strong guide-price yield, together with the potential rental uplift and convenient central location, makes this an attractive opportunity for both new and experienced buy-to-let investors looking to expand their portfolio.
Please note: Edward Mellor has not yet inspected the property.
Prospective purchasers should satisfy themselves as to the property’s condition, accommodation, tenancy and rental position before bidding.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 16A, West Street, Prescot
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