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See how verdicts work1-bedroom flat · L39 3BS
For saleListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*****50% SHARED OWNERSHIP***** Nestled in the charming market town of Ormskirk, this delightful flat on Aughton Street offers a wonderful opportunity for those over 55 years seeking to downsize or simply seeking a new chapter in a welcoming environment, this flat offers a perfect blend of comfort, convenience, and community spirit.
The property features one well-proportioned bedroom. The inviting reception room provides a warm and welcoming space for enjoying eating your meal overlooking the well maintained communal gardens.
The flat boasts a modern wet room shower, designed for ease of use and accessibility, ensuring that daily routines are both comfortable and practical.
There is a well-equipped kitchen with sinker drainer, hob over extractor and oven.
Residents will appreciate the added benefits of communal gardens, providing a serene outdoor space to enjoy the fresh air and connect with neighbours.
This property is ideally situated within a vibrant community, with resident amenities such as hairdressers, bistro and lounge. The property is subject to a shared ownership lease.
50% share in the property with the remainder being held with the landlord. There is a covenant in the lease which restricts the sale of the property to anybody under 55 years.
Leasehold Start Date - 30/05/2013 End Date - 30/05/2138 125 Years with 114 approx.
remaining Weekly Shared Ownership Rent £60.33 Weekly Service Charge Including Utilities £168.00 Bedroom 1 - 4.20 x 3.40 (13'9" x 11'1") - Hall - Bathroom - Kitchen - 3.10 x 2.20 (10'2" x 7'2") - Lounge - 4.40 x 4.20 (14'5" x 13'9") - Communal Entrance - Communal Hallway - Communal Seating -
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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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
Agent & docs
FAQ
About Aughton Street, Ormskirk
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