2-bedroom flat
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The apartment briefly comprises a spacious open-plan living and kitchen/dining area, featuring a modern fitted kitchen with high-gloss units and integrated appliances.
The property is offered fully furnished, with all furniture and appliances included within the sale, providing a turnkey solution for both investors and owner-occupiers.
There are two well-proportioned double bedrooms, both benefiting from fitted wardrobes, including a principal bedroom with en-suite shower room.
A separate main bathroom and additional storage cupboard complete the internal accommodation.
Residents benefit from secure intercom access, 24-hour concierge service, CCTV coverage throughout the development, and lift access to all floors, providing both convenience and security.
Reliance House is ideally positioned on Water Street, placing residents within immediate reach of the Royal Liver Building and Pier Head (approximately 2-3 minutes), with Liverpool one and a wide selection of bars, restaurants and cafés all within a 5-7 minute walk.
Albert Dock can be reached in approximately 15 minutes on foot, while James Street railway station is located on the doorstep, providing excellent transport connectivity.
The property is currently tenanted at £1,250 per calendar month, offering an immediate income stream, and can also be sold with vacant possession, providing flexibility for both investors and owner-occupiers.
Please note, the property is located within an area where selective licensing may apply.
Council Tax Band: C (Liverpool council) Tenure: Leasehold (250 years) Ground Rent: £372.5 per year Service Charge: £4,080 per year Original lease: 250 years Remaining lease:242 years remaining First sold new conversion on 26 Feb 2018
Value & comps
No previous sales on record.
Returns
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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 20 Water Street, Liverpool
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