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See how verdicts work2-bedroom flat · L39 4XF
For saleReduced £2k (−2.6%) on 27 JulListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Churcher Estates are delighted to present this beautifully presented two-bedroom first-floor apartment, exclusively available on a 70% shared ownership basis and situated within the highly regarded Millers Court development for the over 55s.
Offering spacious and well-maintained accommodation throughout, this attractive home is ideally positioned within easy walking distance of Ormskirk town centre and its excellent range of shops, cafés, restaurants and local amenities.
Accessed via a secure private entrance with intercom system, the apartment enjoys a pleasant position within this popular development and benefits from gas central heating, double glazing and a bright, neutral décor throughout.
The accommodation briefly comprises an entrance lobby with staircase rising to the first floor, leading to a welcoming inner hallway with useful built-in storage.
The generous lounge provides an excellent reception space, beautifully presented with modern décor and a contemporary feature fireplace, creating a comfortable setting for everyday living and entertaining.
The fitted kitchen offers a range of modern wall and base units complemented by ample worktop space and a pleasant outlook, providing a practical and functional environment for cooking and dining.
There are two well-proportioned bedrooms, including a spacious principal bedroom and a versatile second bedroom which could equally serve as a guest room, hobby room or home office.
Completing the accommodation is a stylish shower room fitted with a large corner shower enclosure, wash hand basin and WC, finished with attractive tiling and neutral tones.
Millers Court remains a highly sought-after development, offering independent living within a friendly community environment, whilst benefiting from excellent access to the many amenities that Ormskirk has to offer.
The property is offered on a 70% shared ownership basis, presenting an excellent opportunity for purchasers seeking affordable and low-maintenance accommodation in a convenient location.
Leasehold – New 99-year lease issued upon completion (additional fees may apply). Service Charge: £116.11 per calendar month. EPC Rating: D. Council tax - B tenure - leasehold EPC Rating: D
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.
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FAQ
About 7 Millers Court, Ormskirk
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