2-bedroom flat · L23 2TT
For saleListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN – A fantastic opportunity to purchase this SPACIOUS TWO DOUBLE BEDROOM first floor apartment, ideally situated within walking distance of CROSBY VILLAGE, excellent local SCHOOLS, shops, cafés and convenient PUBLIC TRANSPORT links, making it an ideal purchase for first-time buyers, downsizers or investors.
Offering generous accommodation throughout, the property provides the perfect opportunity for a buyer to UPDATE AND ADD VALUE while comfortably living in the home.
The accommodation briefly comprises an inviting entrance hall, a BRIGHT AND SPACIOUS LOUNGE, and a practical DINING KITCHEN with a door opening onto a private BALCONY, providing an ideal spot to enjoy some outdoor space.
There are TWO GENEROUS DOUBLE BEDROOMS and a family bathroom, with well-proportioned rooms offering plenty of flexibility to create a home tailored to your own taste and style.
Externally, residents benefit from well-maintained COMMUNAL GARDENS, adding to the appeal of this conveniently located apartment.
Offered for sale with NO CHAIN, this property presents an excellent opportunity to secure a well-located home with fantastic potential.
The property has approximately 80 YEARS REMAINING ON THE LEASE, and early viewing is highly recommended.
LEASEHOLD Date : 1 June 1981 Term : 125 years from 1 April 1981, 80 Years Remaining Rent : One Peppercorn (if demanded) Service Charge £97 per month Front Exterior - Communal gardens, On Street Parking Hallway - 1.492 x 1.479 (4'10" x 4'10") - Composite Entrance Door, Radiator, Carpets, hanging space for coats Lounge - 5.160 x 3.618 (16'11" x 11'10") - Double glazed window, gas fire, radiator, laminate flooring.
Kitchen Diner - 4.500 (into diner) x 2.747 (14'9" (into diner) x 9 - Double glazed windows, Double glazed exterior door to balcony, laminate flooring, 2 x storage cupboards, Boiler, kitchen area has a range of fitted wall and base units, single drainer sink, under counter fridge and freezer, washing machine, cooker, extractor hood.
Balcony - Tiled over looking communal garden to rear Inner Hallway - 1.002 x 1.818 (3'3" x 5'11") - Carpet, access to bedrooms and bathroom, floor to ceiling storage cupboard Bedroom 1 - 3.636 x 3.952 (11'11" x 12'11") - Double glazed window, radiator, laminate flooring, blinds Bedroom 2 - 3.532 x 3.008 (11'7" x 9'10") - Double glazed window, Radiator, carpet Bathroom - 1.790 x 2.345 (5'10" x 7'8") - Double glazed window, fully tiles walls, laminate flooring, bathroom suite comprises of Bath with electric shower over, low level w.c., sink Rear Exterior - Communal Gardens and parking, Access to lockable storage shed.
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.
Area
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FAQ
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