We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · L40 5TW
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor 2 Bedroom Apartment close to Village Amenities, Communal Gardens and Parking directly outside the doors.
Recently refurbished with new Kitchen and Bathroom, decorated throughout and new flooring. No Chain.
Viewing a Must and Ready to move into Communal Hallway Main front door into communal hallway, front door to Apartment into Hallway, doors to Lounge, both Bedrooms and Bathroom, storage cupboard Lounge (4.33m x 3.78m) Window to the front, laminate flooring.
Open plan to Kitchen Kitchen (3.78m x 2.36m) An excellent range of eye and low level units incorporating a stainless steel sink drainer unit. Built in electric hob with extractor over.
Built in electric oven. Plumbed for w/m and space for fridge freezer. Open plan to Lounge.
French doors to the front Bedroom One (3.08m x 3.12m) Window to the rear, laminate flooring, 1 panelled wall whilst the opposite wall is built in/fitted wardrobes with mirror doors Bedroom Two (2.05m x 2.45m) Window to the rear Bathroom (2.42m x 1.62m) Three piece suite comprising bath with mixer shower over, pedestal wash hand basin, wc.
Tiled floor and walls, window
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
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FAQ
About Apt 17, The Quays, Ormskirk
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