2-bedroom flat · PR9 0EF
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AN EARLY VIEWING IS STRONGLY RECOMMENDED of this exceptionally well appointed, purpose built, third floor duplex apartment, forming part of a select development occupying a convenient location for access to the many amenities of the town centre.
In the opinion of the Agents, the apartment offers beautifully presented, attractively proportioned accommodation briefly comprising Private Hall, Open Plan Living Room to Dining Kitchen, Double Bedroom with Fitted Wardrobes and Bathroom/WC.
A returning staircase from the Hall gives access to a second double Bedroom with walk in wardrobe and well appointed En-Suite Shower Room. Gas central heating and double glazing are installed.
The communal entrance hall provides access to the apartment by way of either a passenger lift or stairwell.
The development stands in well maintained and attractively landscaped grounds incorporating underground residents garaging, the apartment having an allocated space.
Third Floor: Hall Lounge/Dining Room - 5.41m x 4.27m (17'9" overall x 14'0") Kitchen - 2.54m x 3.12m (8'4" x 10'3") Bedroom 1 - 4.47m x 3.1m (14'8" x 10'2") Bathroom - 3.1m x 2.44m (10'2" x 8'0" max) Fourth Floor: Bedroom 2 - 4.19m x 2.46m (13'9" x 8'1") Ensuite - 2.44m x 1.55m (8'0" x 5'1") Walk- in Wardrobe Store Outside: The development stands in well maintained and attractively landscaped grounds incorporating underground residents garaging, the apartment having an allocated space.
Council Tax: Enquiries made of the Council Tax Valuation List indicate the property has been placed in Band (D) Tenure: Leasehold for the residue of a term of 999 years from 1st January 1997 with zero ground rent.
Freehold is owned by Marine Gate Mansions leaseholders.
Service Charge: We are informed by the owner that the current service charge (As of 2025) amounts to £2,742.07 per annum as a contribution towards the building insurance premium, window cleaning, lift maintenance, cleaning and lighting of the communal areas, garden maintenance, sinking fund and managing agent's fees.
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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
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FAQ
About Promenade, Southport
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