3-bedroom flat · PR8 6NZ
Sold STCListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover this appealing two-bedroom, first-floor apartment, offered on a 70% shared ownership basis and exclusively available for those over 55.
This property comes with no onward chain, making for a smooth transition to your new home.
Located in a popular area, this home combines comfortable living spaces with convenient amenities, making it an ideal choice for a relaxed lifestyle.
Accessed via a lift within the building, this well-appointed apartment features a modern fitted kitchen/dining area, perfect for preparing and enjoying meals.
The spacious living room offers direct access to a private balcony – an ideal spot for enjoying a morning coffee or an evening read.
Both bedrooms are well-proportioned, providing comfortable retreats.
Residents benefit from an allocated parking space and a single garage, along with access to a beautifully maintained communal garden, offering a peaceful outdoor space.
Situated on Scarisbrick New Road, the development benefits from excellent transport links into Southport, making shops, amenities, and the town centre easily accessible.
Additional Information: 70% Shared Ownership : The other 30% is owned by a Housing Association Service Charge: £2447 per year
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 Vernon Court- Scarisbrick New Road, Southport, PR8 6NZ
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