Modern Method of Auction
Auction date not yet published
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 work3-bedroom semi-detached house · L39 1PE
No longer listedListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are acting in the sale of the above property and have received an offer of £148,000 on the above property.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place ***for sale by auction*** Guide Price - £154,995 Churcher Estates would like to present this three bedroom semi detached house in a highly sought after location, this property offers an exciting opportunity for those looking to create their ideal home.
The ground floor features a spacious living room, perfect for relaxing or entertaining guests, complemented by a dedicated dining room that provides an inviting space for family meals or gatherings.
The conservatory adds a versatile area that can be tailored to your needs, whether as a bright reading nook, playroom or home office.
Upstairs, three well-proportioned bedrooms offer comfortable accommodation, ideal for families or those seeking extra space for guests or working from home.
The property requires full renovation, presenting a blank canvas for buyers eager to add their own style and value.
Local amenities, reputable schools and convenient transport links are all within easy reach, ensuring a balanced and practical lifestyle.
This is a rare chance to secure a property with fantastic potential in a prime neighbourhood. Arrange a viewing today to fully appreciate the possibilities this home has to offer.
Additional Information For further information please contact our office directly on , or alternatively via email on .
With regards to viewing subject property, this is to be done strictly by appointment. Auctioneers Additional Comments Churcher Estates | Auction House are referred to as The Auctioneer.
This auction lot is being sold by (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on Churcher Estates website.
The property is available to view strictly by appointment only via The Auctioneer. The property is being sold via a transparent online auction.
To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 10% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable Auction Reservation fee of 4% + VAT (subject to a minimum fee of £6,000 + VAT) is also payable upon agreement of sale and exchnage of contracts.
The Auction Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 90 Grimshaw Lane, Ormskirk
Explore nearby