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See how verdicts workStudio flat · L40 5TW
For saleReduced £20.1k (−18.2%) on 26 OctListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenanted two-bedroom (one-bathroom) apartment for sale in Burscough, Lancashire.
This property is being sold with a long-term tenant in situ, and represents an opportunity for a long-term, stable rental income on a 'hands-free,' fully managed basis.
The property is currently managed by a local lettings agent who have a good relationship with the tenant. Currently generates £700.00 per month in rental income.
Burscough offers quick and convenient access to both Liverpool and Manchester, as well as other local towns including Southport and Ormskirk.
KEY INVESTMENT FIGURES Guide Price: £110,000.00 Current Rent: £700.00 per month Annual Income: £8,400.00 per annum Gross Yield: 7.64% Tenure: Leasehold (125 years remaining) Ground rent: £100.00 per annum Service charge: £1,692.00 per annum Estimated net rental income per annum: £6,608.00 (6% net rental yield) PROPERTY DESCRIPTION 11 The Quays is a spacious ground floor two-bedroom (one-bathroom) apartment which currently generates a robust £700.00 per month in rent.
The property is fully managed by a local lettings agency, and as such offers the opportunity for a genuinely 'hands-free' investment generating 7.64% gross yield.
LOCATION Burscough offers an appealing mix of affordability and location for property investors, with average sold prices sitting around £272,000–£276,000 — noticeably below neighbouring Liverpool and Preston, while still placing you within easy reach of other destinations (roughly 13–14 miles from each) including Southport and Ormskirk.
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
FAQ
About The Quays, Burscough, Lancashire
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